HSBC and Chase Send Clear Signals That a Bank Run Is Near
January 27, 2014
The HSBC bank is limiting withdrawals in both the United States and in Britain.
For the life of me, I have no idea why anyone would want to bank in this criminal enterprise bank. Regardless, isn’t the money your money? Shouldn’t you be able to do with your money what you want without justifying the purpose to the bank that you designate to hold your money?
John Cruz is a former vice president and relationship manager at HSBC. Cruz has made two guest appearances on The Common Sense Show in which he alleged that he uncovered that HSBC was laundering money for the Mexican drug cartels through phony shell corporations. He brought this to the attention of his supervisors at HSBC and was told to “leave it alone”. When he did not leave it alone, he was fired. Cruz went to prosecutors in the New York City area. They acknowledged that they knew what was going at HSBC, but they refused to investigate and prosecute and DHS and the FBI told Cruz the same thing.
The Cruz revelations leave no doubt that the entire banking system is nothing but a criminal enterprise system.
The Banking System Is Nearing Collapse
HSBC has admitted that it has not informed customers of the change in policy which allows the bank to deny customer withdrawals of cash from their own account. This policy was implemented in November of 2013.
This development at HSBC should raise red flags for everyone, not just HSBC customers, because in the same time frame, JP Morgan Chase announced an identical policy. As a result, many financial analysts are predicting a bank run in the near future and this is the primary strategy of the banks as they are obviously bracing for an economic collapse.
This illegal withholding of bank customer funds is justified by Eric Leenders, the present head of retail at the British Bankers Association. Leenders states that the banks are just being sensible to ask questions as to what the money is for and then make a subsequent decision on whether to release the funds to the account holder. Leenders stated that “I can understand it’s frustrating for customers. But if you are making the occasional large cash withdrawal, the bank wants to make sure it’s the right way to make the payment.” I would agree with Mr. Leenders in that the theft of customer money by a supposed trusted bank is indeed frustrating.
Sending a Clear Message
Clearly, this is a portend of things to come. If the banks were on sound financial footing, account holders would not see any such restrictions. However, if you knew if a bank crash was coming, wouldn’t you make sure your bank was as liquid as possible? To the banks, being liquid and cautious in these perilous times means that the banks intend on making it very difficult for their customers to gain access to their money.
These are the chest pains before the heart attack. Take your money out of the bank while you still can.
An Ominous Development
When the banking collapse happens, it will not be American bankers that will gobble up your life savings, pensions, 401K’s and IRA’s. It will be the Chinese.
Isn’t it interesting that JP Morgan Chase has sold their property located at One Chase Manhattan Plaza skyscraper to Fosun International, a Chinese investment firm, for $725 million. This is only the latest in a series of New York real estate purchases by Chinese investors.
It is time to connect the dots.
Just the Facts Ma’am
Fact, the American economy is in freefall.
Fact, the Chinese have purchased a large portion of our debt.
Fact, if the Chinese do not position themselves to acquire America’s hard assets before the crash, they will be left holding useless paper.
Fact, your house is a hard asset and the paper note is owned by the bank.
Fact, the Chinese not only make your clothes and most of your personal possessions, the Chinese will be calling in the loans on your homes before the crash, once they acquire more of our banks.
Fact, if a person does not think that your home is not at risk of being taken, then that person does not understand basic finance and they have obviously never heard of the MERS mortgage fraud.
Fact, the government has begun stealing everyone’s 401K and retirement plans from their previous allocations and converting them to buying U.S. government bonds and who owns the lion’s share of the bonds? Chinese take-out anyone?
Fact, many have been reporting that Hillary Clinton has been collateralizing American home mortgages, office buildings, land, public holdings and mineral assets to the Chinese so that they will continue, for a short time, to continue to purchase our debt.
Fact, it would be wise to learn Mandarin Chinese so that you can more effectively communicate with your soon-to-be slave masters.
Welcome to the Old West, Chinese Style
Are you familiar with the term “Company Town”? This is a phrase that was primarily reserved for towns in the “Old West” in places like Bisbee, Arizona. The mining company in Bisbee owned everything. The owned the mine where the people worked. They owned the homes where the people lived. They owned the drug stores. They owned the Grocery stores. In short, they owned it all! I fear that this is the new reality under which we will soon be living in which the Chinese will own everything.
One interesting side note has to do with a historical event called the Bisbee Deportation. The event was precipitated by miners who thought they would protest dangerous working conditions and substandard living quarters. The owners of the company town responded to worker demands by forcing the dissenters into trains and then transported the protesters to the deserts of New Mexico and were forced off of the train in the middle of nowhere. In the near future, I do not think the Chinese will transport dissenters to the desert, the new destination will consist of barb wire facing in and the word FEMA will be imprinted on the sign outside the destination.
What name would you give a system of economics and government where corporate entities own all of the property? I would call it modern day feudalism.
I can best sum up these events in the words of Johnny Cash, “I hear the train acomin’ it’s rollin’ round the bend and I ain’t seen the sunshine since I don’t know when …”