Category JPMorgan Chase

Jan 18 2024

Jamie Dimon Positions Himself for President Trump Win in 2024


Posted originally on the CTH on January 17, 2024 | Sundance

JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years, and then starts to position himself for a President Trump election victory.  The remarks prompted below are strategic, data driven, predictive and filled situational awareness – nothing more.

Telling your tribe to stop the negative attacks against the other side, is how a strategic financial CEO positions himself and his organization for the most likely outcome.  WATCH:

https://youtube.com/watch?v=-gnQJZW0CyQ%3Fstart%3D52%26feature%3Doembed

.

I like our odds…. 

Dec 7 2023

Because, of Course He Does – JPMorgan CEO Jamie Dimon Wants Crypto Currency Banned in USA


Posted originally on the CTH on December 6, 2023 | Sundance 

Having spent time doing the legwork, I have a completely different perspective on the issues.

If you choose to live in the world of pretending, or if you trust the expressed justifications and motives of the USG as outlined by the DC proletariat, this is not going to be a read that retains your comfort.  However, if you want to boil it all down to the real reasoning, read on.

Top line – JPMorgan Chase CEO Jamie Dimon wants cryptocurrencies banned in the USA.

(Newsmax) – JPMorgan Chase CEO Jamie Dimon on Wednesday suggested bitcoin currency should be banned.

Dimon was speaking during a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill.

“I’ve always been deeply opposed to crypto, bitcoin, etc.,” Dimon said in response to a question from Sen. Elizabeth Warren, D-Mass. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance because it is somewhat anonymous, not fully, and because you can move money instantaneously.  “If I was the government, I would close it down.” (read more)

Bottom line, the non-pretending reasoning.  The US Treasury has set the financial system on an almost unreversible path to a U.S. Central Bank Digital Currency.  Crypto is a threat to the establishment of that objective.

The leftists and Marxists who now control the various institutions we associate with the United States Government, together with the DC UniParty apparatus that controls the Potemkin village we call congress, are in full alignment with the control objective.  What and who is their target for control? Us.

I’m going to be brutally honest and seemingly radical, but here is the Occam’s razor.

If you have ever wondered why Hillary Clinton could hold a reset button with a visit to Russia, expressing a direct interest in improved relations. Then, if you have ever wondered why Barack Obama would tell Russian President Medvedev he just needed to get through the 2012 election to have “more flexibility,” again expressing an interest in improved relations with Russia; then seemingly all of that is dispatched in 2016 to make Russia the #1 threat…. keep reading.

What happened?

How did the Obama administration go from all efforts to be on good relations with Russia 2009 through 2015, then suddenly pivot to the exact opposite with the Trump-Russia collusion conspiracy, the Russian election interference nonsense, the expulsion of Russian diplomats in Dec/Jan 2017 and suddenly Vladimir Putin as the archvillain for the world?   Apparently, few have ever really asked how that happened.

Here’s the big picture, as seen through the prism of the EU and the non-pretenders in Eastern Europe.

The Marxists in the Obama admin needed a boogeyman in order to pull off their domestic heist and secure the “fundamental change.”  The CIA and State Dept were deployed to utilize Ukraine in 2014 to create the boogeyman, Russia.  Ukraine would be the stick to poke Russia.  The USA needed a proxy; they created one and made the participants rich.

Provoked, Russia fell into the trap and took control of Crimea as they perceived the NATO expansion and likely control of the Black Sea as a threat.  The Crimea move gave the CIA and State Dept the exact response they intended.

The Russia boogeyman was created.

But why?  Why would the effort of the U.S. Government be to provoke and create this crisis?

In the biggest of big pictures, the domestic fundamental change needed it.  We needed a reason to put walls around the U.S – not to keep Russia out, but to keep Americans locked in.  Conflict with Russia became the Obama version of Bush’s conflict with Iraq.  Putin now cast to play the role of Bin Laden.

The Patriot Act was never intended to stop foreign terrorists from attacking the USA.  The Patriot Act was intended to create the DHS surveillance system for domestic control.  It succeeded.   The Russian sanctions were never intended to sanction Russia (and they don’t).  The Western sanctions against Russia were intended to build walls around the U.S. financial system.

Ostracizing the world’s global trade currency, the dollar, from the global trade system was/is a necessary step in controlling domestic currency.  If there is a threat, the government needs to respond. That’s how the crisis is created and not wasted.

Yes, what I am saying is there was a longer and deeper play afoot, a ‘trillions at stake’ game by those who control money and power, using foreign threat as the justification for something that just would not be possible without it.  That’s why Trump was never allowed to breathe for a moment, whenever Russia or Vladimir Putin was mentioned.  The control forces needed Trump to be adversarial to Russia, regardless of whether the threat was real.  After all, it was supposed to be a willfully blind Hillary Clinton in place during this phase.

Conflict with Russia created the opportunity for the USA to create a sanctions regime that doesn’t truly sanction Russia, instead it controls the world of USA finance.  At the end of that control mechanism is a digital dollar, a Central Bank Digital Currency…. and by extension full control over U.S. citizen activity.  The Marxist holy grail.

That moment is closer than most can fathom, and that is exactly why the counterforce of a cryptocurrency, a rebellious mechanism for free people to exchange payment for goods and services, must be stopped by the same USG that is triggering the CBDC.   Crypto is a threat.  Jamie Dimon, along with all the major banks and financial institutions, is one key beneficiary that CBDC (a transactional player for fees therein) so long as JPMorgan stays on task.

JPMorgan CEO Jamie Dimon opposes cryptocurrency.

Democrats, really Marxists, oppose cryptocurrency.

Republicans, really financial beneficiaries of the largesse, oppose crypto currency.

The narrative…. Only criminals, that means those who would be defined as domestic terrorists like pesky remnants of our nation who demand freedom and liberty, would support cryptocurrency.  Criminals, tax cheats, bad people support crypto.  Don’t be a bad person comrade citizen.  Insert vote, pull lever, get pellet, go back to sleep.  You will own nothing and be happy comrade.

Yes, that’s the bigger picture.

Can it be stopped?  I laugh, look in the mirror, think about the reality of how many people think this is an absurd conspiracy theory, and respond with…. How many people even know about the thing you are asking to oppose?

How many people would believe the Western sanctions against Russia were really the USG building a cage to keep us in.  How about we start there.  That’s my answer.

You can travel to Russia.  Wait, what?

Yes, you can travel to Russia without issue.  The Russians don’t care.  The process for getting an entry visa into Russia is the same now as it was five years ago.  Ask Russia for a VISA.  The paperwork has not changed.  Show your passport, give them pictures to create the visa (it’s a full page sticker added to your passport), show your hotel reservation printout, show your travel destination, drop off the paperwork, go back on your appointment date and get the visa.

It’s hard and takes longer from the USA, but it’s not impossible – it’s just easier from the EU.  It’s the booking of a flight into Russia (best done in the EU), the payment for a hotel given the sanctions, the stuff created by the USA that is the roadblock.  From the Russian side of the dynamic, nothing has changed – they don’t care.

How do I know?  The friendly people at the Russian consulate in Budapest walked me through the process.  So, find a way to pay for the hotel in Russia (there are many options), travel to the intermediary airport that has flights into Russia (like Istanbul, Barcelona, Budapest) go to the second smaller terminal in the major airport, hop in the flight and fly in.  Russians don’t care.  Go have a good time.  Leave the same way you came in.  [If by train or road, just have the VISA ready for review]

Scared about travel?   Why?

The same people who tell you where to be scared traveling as an American, are the same people who told you Trump was colluding with Russia.

Da comrade!

lolol

P

Sep 5 2023

Lawyer for Virgin Islands Reveals JPMorgan Flagged Over a Billion in Financial Transactions with Jeffrey Epstein Related to Sex Trafficking


Posted on originally on the CTH on September 4, 2023 | Sundance 

That’s BILLION, with a “B”.   According to recently revealed court transcripts, in the US Virgin Islands lawsuit against JPMorgan, in the aftermath of Epstein’s death the massive bank reported over $1 billion in suspicious activity reports to the U.S. Treasury.

Attorney for USVA, Mimi Liu, outlined details to Judge Jed Rakoff in U.S. District Court in Manhattan last Thursday.  According to the astonishing revelations, the entire financial relationship between Jeffrey Epstein and JPMorgan was centered around payments for sex trafficking.  There was no other business between the two entities in the 16 years of Epstein’s use of the bank.  All of the Epstein account transactions were based around his sex trafficking operation.

Additionally, in the aftermath of Epstein’s death, JPMorgan then reported at least $1 billion worth of transactions under the auspices of “suspicious activity.”  This certainly looks like what lawyer Mimi Liu called in court, “covering their ass.”

[VIA CNBC] – JPMorgan Chase notified the Treasury Department of more than $1 billion in transactions related to “human trafficking” by Jeffrey Epstein dating back 16 years after the notorious sex predator killed himself in 2019, a lawyer for the U.S. Virgin Islands told a federal judge at a hearing.

“Epstein’s entire business with JPMorgan and JPMorgan’s entire business with Epstein was human trafficking,” Mimi Liu, an attorney for the Virgin Islands, told Judge Jed Rakoff in U.S. District Court in Manhattan on Thursday, according to a transcript reviewed by CNBC.

Liu cited the bank’s notification to the Treasury Department as she argued that Rakoff should issue a summary judgment against JPMorgan.

The huge bank is being sued by the Virgin Islands government for allegedly facilitating sex trafficking by Epstein of young women when he was a JPMorgan customer from 1998 through 2013. (read more)

This certainly puts some semblance of scale to the issues around Epstein and his exploitation of the sex industry to his high profile and powerful clients.   The full scale is obviously unknown; however, if JPMorgan is reporting $1 billion in transactions that might be considered risk for them, we can only guess at the amount of the total transaction through the bank.

Keep in mind, JPMorgan already agreed to pay the Epstein Victims $290 million {GO DEEP} to make the victim issues go away.   What the hell is the scale of the full banking network if this amount of money is being used to throw a bag over it?

Pulling back to the 30,000-foot view, how the bank was operating certainly does start to make the shadows in the background become more visible.  After all, the U.S. government relied on JPMorgan to stabilize the banking sector recently.  And, when you overlay the influence of the BIG BANKS on domestic politics, and contrast in parallel with their assistance for corrupt activity like Epstein, suddenly the catchphrase “too big to fail” takes on an entirely new meaning.

Many of us have always said the top of the corrupt pyramid is banks, global financial institutions and multinationals.  The activity of the political industry takes place below the power structure of the financial system.  The banks control the politicians.  The banks control almost everything, and are the benefactors for the DNC, RNC, RGA, etc. etc.

This is the apex circle of influence, where Jeffrey Epstein operated in concert with the banks – who then facilitated his operations and were regulated by Epstein’s clients.

Jun 13 2023

JPMorgan Chase Settles Lawsuit From Epstein Accusers for $290 Million


Posted originally on the CTH on June 12, 2023 | Sundance 

Nothing shouts “complicity” quite like paying $290 million to make the issues disappear.  However, according to the Wall Street Journal, fortunately ““The U.S. Virgin Islands will continue to proceed with its enforcement action to ensure full accountability for JPMorgan’s violations of law,” said a spokeswoman for the U.S. Virgin Islands attorney general.”

In one of the biggest settlements within the banking industry relating to sexploitation, JPMorgan Chase has agreed to pay the victims of Jeffrey Epstein $290 million in damages in order to settle a class action lawsuit against the bank.   Epstein used JPMorgan and Deutsche Bank as the financial mechanisms to pay for the sex trafficking operation he ran.  There are other civil and legal cases still ongoing, but JPMorgan hopes to extricate themselves from the collateral damage of Epstein’s horrific exploits.

Wall Street Journal – JPMorgan Chase JPM -0.25%decrease; red down pointing triangle agreed to pay $290 million to settle a lawsuit over its ties to Jeffrey Epstein, said lawyers for Epstein accusers, shortly after top executives were questioned about the bank’s years of dealings with the convicted sex offender.

The lawsuit on behalf of women who accused Epstein of abuse helped expose details about the bank’s relationship with Epstein for years after his conviction, forced Chief Executive Jamie Dimon to answer questions under oath, and led the bank to turn around and sue a former top leader, Jes Staley.

Dimon said in his deposition last month that he had never discussed Epstein or his accounts. Staley was deposed over the weekend.

The lawsuit was brought by an unnamed accuser who claimed the bank ignored red flags about Epstein until 2013 because he was bringing wealthy clients to the bank. JPMorgan has denied any wrongdoing. The bank still faces a related lawsuit from the government of the U.S. Virgin Islands, where Epstein had a residence.

[…] “The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein’s terrible abuse,” JPMorgan and lawyers for the women said in a press release.

[…] JPMorgan said that it was a mistake to have any association with Epstein and that it regrets its association with him. “We would never have continued to do business with him if we believed he was using our bank in any way to help commit heinous crimes,” a bank spokeswoman said.

Brad Edwards, a lawyer representing Epstein accusers, said, “A settlement of this size finally acknowledges the magnitude of the suffering of Epstein’s victims, the degree to which our system is broken, and the extent of Epstein’s influence to corrupt our system.”

[…] “The U.S. Virgin Islands will continue to proceed with its enforcement action to ensure full accountability for JPMorgan’s violations of law,” said a spokeswoman for the U.S. Virgin Islands attorney general.

The Doe plaintiff said she was sexually abused by Epstein from 2006 to 2013 and trafficked to his friends. She alleged that Epstein paid her and other victims with cash withdrawn from JPMorgan. She accused America’s biggest bank of profiting from Epstein’s activities and assisting in his alleged sex trafficking by enabling him to make payments to women for sex acts.

Epstein became a client of JPMorgan around 1998, and over the years the bank came to manage dozens of Epstein-related accounts containing hundreds of millions of dollars. Epstein turned to Deutsche Bank after JPMorgan closed his accounts in 2013. Both banks worked with Epstein for years after he was publicly accused of abusing girls and pleaded guilty in a Florida state court in 2008 to soliciting prostitution from a minor. (read more)

Does anyone really believe these banks didn’t know what the background of Epstein was all about?

May 24 2023

The United Nations Wants to Normalize Pedophilia


Armstrong Economics Blog/Ethics Re-Posted May 23, 2023 by Martin Armstrong

The most disturbing aspect of our “new norm” is this push to indoctrinate impressionable children to accept the woke agenda. I did not want to write about this subject because it makes my blood boil. But you need to know. This is starting at the United Nations, the global agency that is working toward creating a doomed one-world government. Reports began circulating from the UN in March about legalizing pedophilia.

“Sexual conduct involving persons below the domestically prescribed minimum age of consent to sex may be consensual in fact, if not in law,” the Geneva-based International Commission of Jurists wrote on March 8, 2022. The United Nations believes minors can consent to sex with adults and wants others to accept this as fact. WE NEED TO PROTECT OUR CHILDREN! They even want to rebrand pedophiles as “MAPS” or “minor attracted persons” and label them as a protected class. I think they should be called the scum of the Earth.

Normalizing pedophilia is happening on an international level. This is part of the Great Reset. They are slowly implementing the idea that adults have the right to sexually assault children as they demonize all morals and values that once existed. There is no room for God in the Build Back Better agenda with branches that spread far. There is no room for parents either as children are molded by the leftist schools they attend as mom and dad work their lives away to get by with the new norm for the cost of living. The woke agenda is working to normalize this concept by introducing children to drag queens during school hours and telling them that they can choose their gender before they even know their ABCs.

Popular retailer Target, working to maintain that CEI score, put out a ton of LGBTQ+ attire in the children’s section. Target is now selling “chest binders” and “packing underwear” for CHILDREN. They sell shirts that say “trans rights are human rights” in toddler sizes. Toddlers can’t even use the restroom alone, but they can be an advocate for transexuals? Children cannot drive to the store and purchase the clothing themselves. Their brainwashed attention-seeking parents are indoctrinating them to accept a warped reality not supported by biology. As DeSantis said in a recent speech, pronouns were not an issue “until about two weeks ago” when teachers began demanding that kindergarteners choose their pronouns.


The video above discusses the books that parents want to be banned from school. “BOOK BANS? BUT HITLER!” the liberals scream. No. I think even Hitler would be disgusted by this demonic ideology. These books depict graphic pornography and are inappropriate for children. Even the man who made the video said the terms were something he did not need to know as an adult. He and others in the gay community are appalled that people want to bring children into the LGBTQ+ ever-growing arena. LEAVE THE KIDS ALONE.

We the people outnumber the ruling elite. They have to pit us against one another and divide us based on gender, sexual orientation, politics, and wealth so that we do not seek out those truly oppressing the people. “Gender-affirming care” includes childhood castration and sterilization. They say it is a conspiracy, but the writing is on the wall. THEY ARE COMING FOR YOUR CHILDREN; we must protect them at all costs.

May 24 2023

Epstein Tried to Blackmail Gates – JPMorgan v Murdoch News Corp?


Armstrong Economics Blog/Conspiracy Re-Posted May 23, 2023 by Martin Armstrong

News outlets are reporting that Jeffrey Epstein allegedly attempted to blackmail Bill Gates after discovering he was having an affair with Mila Antonova, a Russian bridge player. Epstein wanted Gates to join him in creating a multi-billion dollar “charitable” fund with JPMorgan Chase. Epstein attempted to use Gates’ affair with Mila as leverage but failed. It is peculiar that they are now releasing this story to the mainstream media.

Boris Nikolic, a close adviser to Gates, introduced Mila Antonova to Epstein. Epstein went on to pay for her to attend coding school and even provided her with housing. “I just thought he was a successful businessman and wanted to help. I am disgusted with Epstein and what he did,” Mila told reporters. There is a good chance this young woman did not know she was being used as a pawn.

Gates did not want to join forces with JPMorgan Chase and Epstein, but they were adamantly requesting a $100 million contribution from him. “In essence, this [fund] will allow Bill to have access to higher quality people, investment, allocation, governance without upsetting either his marriage or the sensitvities [sic] of the current foundation employees,” Epstein penned in an email to executives from JPMorgan on August 16, 2011.  The following day, Epstein emailed the executives to say: “Bill is terribly frustrated. He woud! [sic] like to boost some of the things that are working without taking away from thoses  [sic] that are not.” The banking executives and Epstein agreed they could not create the fund without Gates.

The fund flopped after years of attempting to lure Gates into the scheme. But Epstein refused to let it go. In 2017, Epstein reached out to Gates and asked him for reimbursement for putting Mila through school. Tuition costs mean nothing to these men; he wanted to remind Gates that he could blackmail him. It appears Epstein took this grudge to the grave. Days before his alleged suicide in 2019, Epstein appointed Nikolic as his backup executor. “He couldn’t have listed Bill because that would have been too obvious, so he chose me,” Nikolic told the WSJ. “I have come to believe it was likely a retaliatory move against Bill Gates.”

Why are they releasing this information in 2023? Gates already lost his wife for a 20-year affair he had with an employee. While the article does look bad for Gates, it is even more incriminating for JPMorgan Chase. Let’s follow the money. First, JPMorgan Chase and CEO Dimon is under investigation for its dealings with Epstein. The Wall Street Journal who broke the story is owned by News Corp, which is owned by the Murdoch family. The Murdoch family owns 42% of FOX, and has attempted over the years to combine News Corp with FOX. Rupert Murdoch personally defended JPMorgan Chase CEO Jamie Dimon in the past when his bank was amid scandals. Murdoch called Dimon “One of the smartest, toughest guys around.”

So, what happened? It is no secret that FOX is one of the only conservative news outlets available, and Dimon is a self-described Democrat who is also a member of the World Economic Forum. FOX consistently criticizes the ideals Dimon and JPMorgan support. I do believe these articles are intended to paint JPMorgan in a negative light. The WSJ paints Gates as almost a victim and says he was “threatened.” The same publication also published an article at the end of April entitled “JPMorgan’s Ties to Jeffrey Epstein Were Deeper Than the Bank Has Acknowledged.”

Could this be political? Perhaps Rupert Murdoch, a personal friend of Bill Gates, wanted to expose the story to sugarcoat his friend’s ties to Epstein. There is speculation that the Murdoch press giant is a huge proponent of vaccinations, a cause near and dear to Bill’s heart. Murdoch has made numerous donations to the Gates Foundation as well. Microsoft once intended to compete against News Corp but then decided to work a deal over Sky Global Networks. The connections between Dimon, Murdoch, and Gates are deep. However, it appears that Murdoch and Gates may be against Dimon and are using the power of the media to undermine America’s biggest bank.

May 2 2023

JPMorgan Chase Acquires First Republic Bank with FDIC Backstopping Deal While Ignoring Current Banking Laws


Posted originally on the CTH on May 1, 2023 | Sundance 

The topline story from the announcement by JPMorgan Chase [SEE HERE] there are no banking rules/laws in the Biden Fed/Treasury system.

The Dodd-Frank laws are still on the books, but the FDIC decision to insure all deposits, regardless of size, now means those laws, rules and regulations are not required to be followed.  Additionally, as a result of JPMorgan gaining another $100+/- billion in deposit assets, the law(s) surrounding the 10% U.S. deposit maximum, within too big to fail banks, no longer exists. Noted in the announcement, “JPMorgan Chase is assuming all deposits – insured and uninsured.”

JPMorgan is also assuming assets consisting of $173 billion in loans and approximately $30 billion in securities.  The FDIC is going to assume risk (with a risk sharing agreement) for current First Republic Bank mortgage and commercial loans acquired by JPMorgan, guaranteeing JPMorgan a 5-year fed fixed rate on $50 billion in mortgage bonds.

The Federal Deposit Insurance Corporation (FDIC) rule requiring the holding of 1.5% of deposits for all depositors up to $250k in all institutions is now essentially moot.  If the FDIC is guaranteeing all deposits, there’s no way for the insurance corporation to capture or hold $1.5% of all banking deposits.  The law is in conflict with the outcome action of the Fed/Treasury and ultimately the FDIC, ergo the law is nulled by the ignoring of it.

Mohamed El-Erian gives his take below, but seemingly missed the part of the announcement where JPMorgan states, “no systemic risk exception was required” in the deal.  This means the FDIC is completely free-range with the agreement, they are not even trying to justify why they would make a too big to fail bank even bigger. WATCH:

https://youtube.com/watch?v=xTZysExlglo%3Ffeature%3Doembed

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The only reason the FDIC violated its own rules and banking regulations, was because the FDIC didn’t, likely -almost certainly- couldn’t, take the financial hit from a full takeover of First Republic Bank against the backdrop of the prior terms for Silicon Valley Bank (SVB).

When the FDIC made the (SVB) decision to guarantee all deposits regardless of size, they put themselves in a position of an insurance declaration they could never fulfill.  The FDIC cannot structurally guarantee all of the First Republic Bank (FRB) deposits; they need a structure to avoid the government regulators absorbing the bank.  This reality is also why the FDIC violated their own laws, rules and regulations in allowing JPM to exceed the legal U.S. deposits maximum.

In essence, what the FDIC is saying is they cannot maintain the premise of their charter without the big banks helping them.  The biggest banks now control all of the leverage, with JPMorgan Chase and Jamie Dimon now controlling more financial power than the government that is supposed to regulate them.

FUBAR… All of it.  Everything Biden touches turns to shit.

This is going to be a major hot mess now for Main Street investment and borrowing needs.  The economy is going to feel the ramifications of this in less financing available to maintain domestic investment.

Last point. Look at the big picture, there’s no intervention protocol the legislative branch can trigger as a security against the reckless decisions of the FDIC (Fed and Treasury), without creating even bigger issues that could collapse the banking system.   If the legislative branch forced the FDIC to follow the laws currently on the books, the domino of banks starts to collapse.