Control the money and currencies and you ‘Control’ the nation (and the world). We refer to those Oligarchs that Control our monetary systems as “Money Monsters”, because for the most part they act like predatory Monsters.
They create enormous ‘Ponzi’ schemes to benefit themselves like the Mortgage Securitization bubble that resulted in the 2008 financial meltdown. They took in ‘Trillions’ of dollars, didn’t follow any of the mandatory SEC securitization protocols, and when all the ‘Fraud’ was uncovered NO indictments, and millions of people lost their homes.
Meanwhile, the general public and private business entrepreneurs that make the country run on a daily basis have to endure the ‘Financial Martial Law’ put into place by these same Monsters via their DC pocket lawmakers.
Laws and regs the ‘Monsters’ thumb their own noses at, but use to Control everyone else. It is truly a Shameful Affair. Here are some quotes from a recent article written by Chris Lowe titled ‘Financial Martial Law’, he brings all of this into prospective;
“Already, as an American, you are not free to spend your money as you see fit. (For a full breakdown, see “Bank Secrecy Act Regulations Explained” below.) JPMorgan Chase—the country’s biggest bank—has banned cash payments for credit card debt, mortgages, and car loans. It has also banned the storage of “any cash or coins” in safe deposit boxes”
“All financial institutions are required by law to keep records of all financial activity, including cash purchases of “negotiable instruments”—checks, money orders, etc. These records are open to government inspection at any time. They are also subject to periodic audits by both federal and state governments.”
“All financial institutions must immediately file a Suspicious Activity Report (SAR) with the federal government whenever a customer engages in transactions the institutions deem strange or inconsistent with normal behavior. This is open to interpretation”
“Currency Transaction Report (CTR): A CTR must be filed for each deposit, withdrawal, exchange of currency, or other payment or transfer by, through, or to a financial institution that involves a transaction in currency of more than $10,000”
“And your bank is required to file something called a Suspicious Activity Report with FinCEN if it believes you are trying to avoid triggering a Currency Transaction Report by withdrawing smaller cash amounts. This puts all cash withdrawals under the microscope. And taking out cash from the bank isn’t the only activity the government deems suspicious.”
“Other actions that will trigger a report being filed with the feds include: depositing $10,000 or more in cash with your bank… a foreign exchange transaction worth $10,000 or more… taking more than $10,000 in cash into or out of the US… receiving more than $10,000 in cash in a single payment as a business… or having more than $10,000 in accounts outside the US during a calendar year.”
“And even if you manage to get your cash out of your bank, having it on your person also makes you a target of the authorities.”
“Under civil asset forfeiture laws, police and federal agents can confiscate any cash you might have on you if they merely suspect it was involved in a crime. They don’t need to bring criminal charges against you or prove any wrongdoing. And they can keep any seized cash for themselves”
To Read The Entire Article By Chris Lowe (CLICK HERE)