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DarkKnightNomeD

Mass Bank Closures In The Areas Of Jade Helm Starting June 16th (in 9 days)

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The Imperial Valley press published this editorial on Jan. 27:

Border banking a tough sell these days

Banking on the border has become tough business. While not all financial institutions that have seen themselves curtail operations in cities like Calexico will attribute that to federal anti-money laundering efforts, it has had at least a tangential effect.

The most recent bank to announce its closure is the Rabobank branch in Calexico. Officials have not said the decision directly relates to anti-laundering regulations, but they have acknowledged heightened challenges to doing business on the border.

Chase Bank has closed its branch in Calexico and we hear other banks and credit unions have severely changed the parameters and numbers of customers they deal with making large cash deposits.

One such institution is First Imperial Credit Union, whose CEO is still doing business in Calexico but has changed how he does it, being selective with whom FICU does business.

It’s the price of doing business on the border, an increasingly difficult area to bank as law enforcement agencies try to find multifaceted approaches to crack down on drug cartels and drug-related crime.

As part of the overall stepped-up monitoring, it becomes cost-prohibitive for banks as they devote more personnel to checking on those accounts and put themselves at risk of hundreds of thousands of dollar of federal fines for lax accounting and monitoring.

At some point, it just becomes easier to pull out of Calexico altogether or stop accepting big cash transactions.

In Calexico that is difficult. There are many businesses who deal with large sums of cash, legitimate businesses that find themselves burdened with simply trying to do daily business, according to Calexico Chamber of Commerce officials.

It’s a double-edged sword for the border region. No one is going to put up a strong argument against the need to stop drug money from dirtying legitimate businesses and banking operations.

However, at what point do all banks decide it is too difficult to operate along the border? Will border banking become a niche operation, where choices become very limited? It already appears headed in that direction.

http://www.desertsun.com/story/opinion/editorials/2015/01/31/voices-border-banking/22639581/

 

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At 3:30 in the video, it starts to have speech overlap and I can't tell what they are saying. Anyone else having this problem? Or is it just me?

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At 3:30 in the video, it starts to have speech overlap and I can't tell what they are saying. Anyone else having this problem? Or is it just me?

Audio issue, not sure what has been said, it stops later in the video.

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HUGE NEWS has broken today, the two CEO’s of Deutsche-Bank have stepped down!  http://www.usatoday.com/story/money/2015/06/07/deutsche-bank-ceos-step-down/28641471/ Deutsche-Bank is the largest holder of derivatives in the world, equaled ONLY by JP Morgan holding a "cool" $75 TRILLION!!!  Please view the following chart of the 10yr Bund, rates have exploded higher in a very short time span.   Huge losses have been incurred as ALL derivatives have interest rates assumptions within, no doubt your reason for the sudden resignations!   Something has clearly BROKEN!

 

http://www.jsmineset.com/2015/06/08/the-biggest-black-swan-of-them-all-false-beliefs/

 

 

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Hundreds Of Miles Of Razor Wire On Convoy Trucks

http://allnewspipeline.com/Aztlan_Fence_Colorado_Divided.php

If people can’t see the writing on the wall by now, they’ll never wake up. A military does not transport tons (TONS) of concertina wire, out in the open-not caring if it is seen, unless it is going to be used for something SOON. This wire is used for two things. Keeping enemies out (used to form military wire obstacles), or keeping prisoners in. The cost for transport, manpower to erect the wire and manufacturing far out way the cost for using the amount we are seeing transported for merely an exercise.


The U.S. military, and other U.S government agencies, are spending way too much time and money for training. Our country’s leaders are scared to death, they are preparing for something big. The speed at which everything is being conducted, prepositioning of assets/ assets relocated, signals to me that whatever has them scared-is just around the corner.

http://www.stevequayle.com/index.php?s=33&d=1440

 

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