Unchained Preppers

General Category => News & Politics => Topic started by: JohnyMac on August 30, 2021, 11:07:44 AM

Title: UPDATE- Chase Bank Tells Gen. Michael Flynn They Are Closing His Accounts
Post by: JohnyMac on August 30, 2021, 11:07:44 AM

Update - Chase Bank reinstated Lori Fynn's account on Tuesday. Also, a correction, it appears that it was his wife's account who had been shut down by Chase Bank not Michael's. - JMc

Breaking - Chase Bank Tells Gen. Michael Flynn They Are Closing His Accounts

(https://upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Chase_logo_2007.svg/330px-Chase_logo_2007.svg.png)

I have written about ESG Scores (http://unchainedpreppers.com/forum/general-off-topic/esg-economic-social-governance-score/msg86700/#msg86700) (Economic, Social, Governance) in the past (http://unchainedpreppers.com/forum/general-discussion/your-esg-scores-are-chinese-social-credit-scores-for-the-west/msg85246/#msg85246). Here is a great example of an American Citizen's account being cancelled due to low ESG score - Retired U.S. General Michael Flynn.

Quote

Once again, JP nMorgan Chase has used their massive institutional influence to carry out the radical left?s bidding against conservatives and dissenters.

By the middle of next month, Chase Bank will be closing the personal accounts and credit cards of Retired US General Michael Flynn. - Julian Conradson, GATEWAYPUNDIT ([url]https://www.thegatewaypundit.com/2021/08/conservative-purge-continues-chase-bank-tells-gen-michael-flynn-closing-accounts-cancelling-credit-cards-claim-continuing-allow-decorated-veteran-access-accounts/[/url])

If one of the Big Four Banks (https://en.wikipedia.org/wiki/Big_Four_(banking)#United_States) can close down a private citizens account because of their low ESG score, why can't they close down your account?

(http://navigatorbiz.com/wp/wp-content/uploads/2020/12/liberty-tree-12_27_2020-V7-Thumbnail.png)

Title: Re: Breaking - Chase Bank Tells Gen. Michael Flynn They Are Closing His Accounts
Post by: Nemo on August 30, 2021, 11:18:27 AM

Quote from: JohnyMac on August 30, 2021, 11:07:44 AM

If one of the Big Four Banks (https://en.wikipedia.org/wiki/Big_Four_(banking)#United_States) can close down a private citizens account because of their low ESG score, why can't they close down your account?

They can.  And they will.

Nemo

Title: Re: Breaking - Chase Bank Tells Gen. Michael Flynn They Are Closing His Accounts
Post by: grizz on August 30, 2021, 12:57:47 PM

Quote from: Nemo on August 30, 2021, 11:18:27 AM

Quote from: JohnyMac on August 30, 2021, 11:07:44 AM

If one of the Big Four Banks (https://en.wikipedia.org/wiki/Big_Four_(banking)#United_States) can close down a private citizens account because of their low ESG score, why can't they close down your account?

They can.  And they will.

Nemo

This is the Country our forefathers fought to get away from

Title: Re: Breaking - Chase Bank Tells Gen. Michael Flynn They Are Closing His Accounts
Post by: FeedingFreedom on August 30, 2021, 01:31:04 PM

Want to see this in action already? Go talk to anyone in the cannabis business in states where it's legal. They've been dealing with being "unbanked" for years now. Agree or disagree with their product, that is what happens when a business cannot use normal banks. Or ask Andrew Torba, who can't get a bank account in his own name because they disagree with his politics. He's doing absolutely nothing illegal or immoral, and he's been frozen out. But like Andrew, we need to establish means of doing business without the banks. For all my "side jobs", I always put the possibility of paying in silver or gold in the quote. My parents always had a "willing to barter" sign in their businesses, we made some pretty good trades.

I keep the absolute minimum in my accounts for day-to-day stuff. Just be careful with the reporting requirements that the banks have with cash transactions/deposits. And work with a small local bank or credit union if you can find one, they'll always be more accountable if they have to deal with customers for their own personal business.

Title: Re: Breaking - Chase Bank Tells Gen. Michael Flynn They Are Closing His Accounts
Post by: JohnyMac on August 30, 2021, 01:39:37 PM

Great points F2.  :cheers:

AS you pick your local bank, ask if they are involved with the Big Four Banks. Even local banks can be partially owned through stocks by those banks.

The local bank I use assured me they were not BUT, which I do not like, do have a small portion of their assets in the stock market. I do not like this however, they met all my other criteria's.

Title: Re: Breaking - Chase Bank Tells Gen. Michael Flynn They Are Closing His Accounts
Post by: FeedingFreedom on August 30, 2021, 01:47:27 PM

Quote from: JohnyMac on August 30, 2021, 01:39:37 PM

Great points F2.  :cheers:

AS you pick your local bank, ask if they are involved with the Big Four Banks. Even local banks can be partially owned through stocks by those banks.

The local bank I use assured me they were not BUT, which I do not like, do have a small portion of their assets in the stock market. I do not like this however, they met all my other criteria's.

Good point. Even if they don't totally measure up, they'll certainly be less likely to cut you off if they know they'll see you in the grocery store, church, etc.