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Major banks debanking Christians

3 days ago -

(Article by Martin Armstrong republished from ArmstrongEconomics.com)

Timothy of Two Project International founder Steve Curtis told Fox News about his experience with Bank of America. His organization trains Christian pastors in 65 countries, and has banked with BOA since 2011. Curtis said that one day in 2020, his card simply declined “out of the blue.” The bank said that his account would be restricted for three weeks before it was deactivated, but the bank failed to cite ...

CNN writer suggests forcing “carbon passport” on travelers to meet carbon footprint target by 2050

December 17, 2023 -

According to Bennett-Cook, whose article on CNN had a disclaimer saying his views are solely those of the writer, the idea of a carbon passport centers on each traveler being assigned a yearly carbon allowance that they cannot exceed. They found this significant as international tourist arrivals globally reached 84 percent of pre-pandemic levels. In some European countries, such as France, Denmark and Ireland, tourism demand even surpassed its pre-pandemic level. According ...

Central banks will keep gobbling gold in 2024

January 19, 2024 -

(Article republished from SchiffGold.com)Whether or not The January Effect will apply to the gold price as we finish the first month of 2024, there are plenty of indicators that the central bank buying spree will continue for at least the first half of the new year.

Accelerating de-dollarization is just one factor, as powerhouses like China and Russia continue strategically moving further and further from the grips of USD hegemony.

Of course, actions by ...

Of BANKS and POLITICS: U.K. Energy Secretary Grant Shapps calls out banks for delving into politics, urges new legislation to prevent this

July 31, 2023 -

In fact, he divulged that his account was closed because of his friendship with former President Donald J. Trump. His appearing on Alex Jones's InfoWars and expressing critical comments about Black Lives Matter also contributed to the bank's decision. The 59-year-old also disclosed that the 40-page dossier also bemoaned his stance on issues of equality, social and corporate governance, saying his views "do not align with Coutts values." (Related: DEBANKING: Brexit leader warns ...

Financial failure? Nation’s largest banks just cut 20,000 jobs

November 07, 2023 -

America is already technically in a recession, though they redefined that word a few years back to stretch out the collapse, which will soon become more of a depression, if not much worse.

The following clip from CNBC explains the 20,000 banking job cuts and what those entail:

FIVE OF THE LARGEST BANKS CUT OFF 20,000 jobs COMBINED!!!#crypto pic.twitter.com/xkMXHjix7N

— KINGVALEX (@VALELORDX) October 31, 2023

According to reports, the Bank of Nova Scotia ...

British banks that canceled conservatives could lose their licenses

July 25, 2023 -

Following the recent scandal involving Brexit leader Nigel Farage, whose bank account was shuttered by Coutts / NatWest due to his conservative political platform, a number of British MPs (members of parliament) are working on a new law to stop this kind of thing from ever happening again while bolstering and protecting freedom of expression throughout the country.

A related set of newly proposed rules would also force banks to provide customers with at least three months' ...

Largest U.S. banks have most toxic commercial real estate exposure

a month ago -

The nation's six largest banks saw delinquent commercial property loans nearly triple in 2023 due to high vacancy rates and ever-increasing borrowing costs. Delinquencies among these six large banks reached a whopping $9.3 billion last year.

By far the largest CRE lender among the big banks is JPMorgan Chase & Co., which has issued $171 billion worth of CRE loans, amounting to 12.6 percent of its total loans.

Wells Fargo & Company is pretty close with $145 billion ...

Banks increasingly discriminating against customers based on their political views

August 15, 2023 -

The high-profile case of British politician Nigel Farage is a case in point. Farage, who was friendly to Donald Trump and opposes transgender ideology, used to bank at Coutts, a bank that caters to wealthy clients.

Coutts shut down Farage's account, claiming he did not have enough money in it to keep it active. That excuse turned out to be false. Coutts discriminated against Farage because he is probably more responsible than any other politician for the 2016 vote to ...

Central banks are badly losing their war against FOOD INFLATION

June 20, 2023 -

Despite the best efforts of central banks to rein in inflation through interest rate adjustments, the fundamental need for sustenance ensures that people will continue to purchase food even at higher prices. Simultaneously, food production faces numerous obstacles that show no signs of resolution, worsening the scarcity of resources. With global food supplies expected to reduce further in the coming months and years, soaring food prices will persist regardless of central bank ...

Feds colluded with big banks to spy on Americans’ financial transactions

a month ago -

(Article by Brenda Baletti, Ph.D. republished from ChildrensHealthDefense.org)

The report details how government officials asked major banks to search financial transactions for key terms, like “Trump” and “MAGA.” It also suggested they identify transactions related to firearms or sporting goods stores, such as Cabela’s, Bass Pro Shop and Dick’s Sporting Goods.

“Americans doing nothing other than shopping or exercising their Second Amendment rights were being tracked ...

Central banks planning to introduce CBDC microchip implants, warns top economist

July 18, 2023 -

"I was taught by a central banker [that] the CBDCs look like a small grain of rice that they want to put under your skin," said Richard Werner in an interview with podcaster Ivor Cummins. Werner is known for developing the now commonly used bank practice of quantitative easing.

CBDCs, in comparison to other forms of digital currency used at present, demand that individuals open bank accounts directly with central banks such as the Federal Reserve, granting governments control ...

Record-breaking gold purchases by central banks observed in Q1 2023

May 09, 2023 -

The World Gold Council (WGC) disclosed this finding in its latest report, noting that demand for the metal from central banks worldwide reached 228 metric tons (MT). This was a 176 percent increase compared to the 82.7 MT from a year prior. "This is all the more impressive, considering it follows the record-breaking pace of demand last year," the WGC said.

ZeroHedge reported that the gold purchases amounted to "the strongest first quarter on record." It also noted that the ...

CLIMATE CORRUPTION: Most carbon “offset” projects are SCAMS, new report finds

September 27, 2023 -

Of the top 50 emissions offset projects evaluated, 39 of them, or 78 percent, ended up having to be categorized as "likely junk or worthless" due to researchers identifying one or more "fundamental failings" in their structure and operations.

As a general rule, "green" climate projects that claim to tackle GHG emissions are not what they seem, the investigation revealed. At best, the projects greatly exaggerate their climate benefits while underestimating the potential ...

Arson is the likely cause of Quebec wildfires, not carbon emissions

June 14, 2023 -

Edward Struzik, a fellow at Queen's Institute for Energy and Environmental Policy at Queen's University in Canada, claimed that record heat and drought continue to warm the planet and trigger wildfires. "The fire season is also lasting longer now because of climate change. Spring is coming weeks earlier and fall is coming weeks later. More time for the fires and grasslands to burn," Struzik told CBS News.

Environment Minister Steven Guibeault tweeted: "The ongoing wildfires ...

U.S. food banks grapple with strained donations as people battle FOOD INFLATION

December 15, 2023 -

In a survey conducted by impact technology company Divert Inc, only 25 percent of respondents were more likely to donate during this holiday season because of the escalating cost of food and groceries. Moreover, the survey found that the current economic climate has led 72 percent of Americans to alter their grocery shopping habits, with 51 percent stating that rising grocery prices are forcing them to cut costs in other areas.

Even the U.S. Department of Agriculture, ...

Bank of America de-banks conservative Christian charity that serves impoverished Ugandans

August 28, 2023 -

Indigenous Advance Ministries (IAM), a Memphis-based non-profit organization that provides necessities to Ugandan orphans, reportedly lost it bank account at Bank of America, despite maintaining a business relationship since 2015.

The group touts pro-life and anti-LGBT messaging on its website, which is believed to be the impetus behind its targeting by Bank of America. IAM has since filed a complaint with the Tennessee Attorney General's office over concerns its bank ...

Reuben Yap: CBDCs let central banks CONTROL how people spend their money

August 10, 2023 -

He remarked that CBDCs give central banks "a lot of fine-grained control of how you should be spending your money." Yap continued: "To me, your money is your business. You should be free to spend your money as how you like it. It's your choice."

"Your independence is a very key part of who we are. It's not for the state to tell us how we spend our money."

According to the Malaysian co-founder of the privacy coin, CBDCs run contrary to how free market economies ...

David Morgan: Many regional banks in the US will COLLAPSE in 2023

May 22, 2023 -

He made this prediction during an appearance on the "Health Ranger Report," telling the Health Ranger Mike Adams that there are between 4,600 and 4,800 regional banks in the country. Citing another personality with a strong internet following, Morgan said he believes half of that number will fail before 2023 ends. In response, Adams said his prediction of half a dozen banks collapsing was more conservative than that of his guest.

"It's made a lot of sense to me over the ...

Human-caused carbon emissions have no discernible effect on climate, study finds

11 days ago -

Demetris Koutsoyiannis, a professor in Greece, published a paper recently that explains using scientific data how the expansion of a more productive biosphere is responsible for increased carbon dioxide (CO2) concentrations in the atmosphere, which have thus created a "greening" effect on the earth.

While the official story is that most, if not all, of the recent alleged planetary "warming" is caused by the four percent human contribution of burning hydrocarbons, Koutsoyiannis ...

Sen. Kennedy blasts Biden’s energy secretary over $50 trillion “carbon neutrality” grift

May 08, 2023 -

At a recent Senate Appropriations Subcommittee hearing this week. Sen. John Kennedy (R-La.) – not to be confused with Robert F. Kennedy Jr. who is running for president as a Democrat in 2024 against fake president Joe Biden – could not for the life of him get a straight answer out of Biden Deputy Secretary of Energy David Turk about the true cost of "carbon neutrality."

Kennedy asked Turk again and again just how much each American taxpayer will have to fork over in order ...