There's an old saying that "All wars are Banker's Wars." It derives from the reality that Money follows rates of return, the Flag follows the money, and troops follow the Flag.
So Bankers tend to know before most everyone else, when a war is about to take place . . . . and JP Morgan /CHASE is one of the top banks in the world.
Given these realities, the fact that on October 4, JP Morgan / CHASE Submitted new "EMERGENCY BY-LAWS" to the US Securities and Exchange Commission (SEC) dealing with how the Bank's Board of Directors can operate ". . . after a nuclear attack upon the United States . . . ." this is a very bad development!
Specifically, JP Morgan / CHASE has added an entire Section "XI" to the corporations By-Laws laying out some utterly incredible new rules, and most importantly, making certain that NONE of the Board of Directions can be held liable for decisions during an Emergency "except for Willful misconduct!"
So, if something big happens, and the bank decides no one in the world gets any of their money back or access to any of their credit, there's NOTHING anyone can do to them because the Corporation By-Laws say so!
Stockholders and Deposit/Checking/CD account holders are ALL legally bound by the Corporation's By-Laws and agree to abide by them as a condition of doing business with JP MORGAN /CHASE!
The legal rules making this possible are simple: If you disagree with the By-Laws, don't do business with the bank. If you continue to do business, then you ACCEPT the By-Law change and agree to it!
Here's what the new Section of the By-Laws lays out (Click Image to Enlarge):
As with everything in life, "the devil is in the details." Here are some of the details:
Section 11.01. Emergency By-laws. This Article XI shall be operative during any emergency resulting from an attack on the United States or on a locality in which the Corporation conducts its business or customarily holds meetings of its Board or its stockholders, or during any nuclear or atomic disaster, or during the existence of any catastrophe or other similar emergency condition (including without limitation apparent terrorist activity or the imminent threat of such activity, chemical and biological attacks, . . .
Section 11.03. Quorum. At any meeting of the Board, or any committee thereof, called in accordance with Section 11.02 above, the presence of one director shall constitute a quorum for the transaction of business.
(EDITOR'S NOTE: Yes, you read that correctly, ONE Director gets to decide the fate of multi-TRILLIONS of Dollars run through or controlled by the Bank! ONE MAN can be a "Committee of the Board of Directors!")
Section 11.04. Amendments. At any meeting called in accordance with Section 11.02 above, the Board or a committee of the Board, as the case may be, may modify, amend or add to the provisions of this Article XI so as to make any provision that may be practical or necessary for the circumstances of the Emergency.
(Editor's Note: Yes, you read this correctly as well: The ONE MAN can also change the corporation rules as he "deems necessary" and so so ON HIS OWN!)
Section 11.06. Liability. No officer, director or employee of the Corporation acting in accordance with the provisions of this Article XI shall be liable except for willful misconduct.
So the ONE MAN can do what he "deems necessary" and if anyone doesn't like it, they have no way to hold the man accountable.
Here's the coup de grâce:
Section 11.07. Repeal or Change. The provisions of this Article XI shall be subject to repeal or change by further action of the Board or by action of the stockholders, but no such repeal or change shall modify the provisions of Section 11.06
So if, at a later date, a decision made by the ONE MAN gets modified or repealed by Stockholders or the Board, the ONE MAN still CANNOT BE HELD LIABLE for any decision he made prior to the Repeal or modification ! ! !
Put simply, in a nuclear attack, JP Morgan / Chase could end up operating with ONE MAN, who decides the bank must seize all the money and cut off all credit in order to survive, and NO ONE can do anything about that deccision, or hold the ONE MAN accountable!!!!!!!
Lest you think this is some sort of sick hoax, or some type of Yellow Journalism exaggeration, here is a direct link to the US Securities and Exchange Commission Web Site linking directly to the Modified By-Laws filed on October 4. (LINK)
Reverting back for a moment, to the old saying "All wars are Banker's wars" no less than the US President dropped a massive hint at coming trouble.
Last night, (Thursday evening) President Donald Trump dined with the top military leaders of the United States and our Allies, at the White House. During a photo-op with media, the President dropped this bombshell: He asked the assembled media people "You know what this is, right? The calm before the storm."
When repeatedly challenged as to exactly what he meant and what "Storm is coming" the President repeatedly said only "You'll see."
At an earlier meeting, President Trump specifically mentioned North Korea, Iran and ISIS. He went on to say the US has made tremendous progress against ISIS. Yet later, he referred to the gathering of military leaders as the calm before the storm.
That must necessarily mean some additional "storm" is coming, obviously with North Korea and/or Iran!
Here is a video showing what the President actually said:
With one of the world's top banks enacting "Emergency By-Laws" in case the United States is attacked or incurs nuclear or atomic disaster, they can pretty much do whatever they want . . . . and the President telling the media his dinner with military folks is "The Calm Before the Storm" only a complete fool would deny that a major war is coming, and people in-the-know fully expect the United States territory to be physically attacked, perhaps even with nukes.
I earnestly hope my fellow Americans have heeded my long-offered advice to prepare themselves. We WILL be attacked here; IN AMERICA by North Korean "Sleeper Cells."
These Sleeper Cells are here to:
You and your family absolutely MUST prepare. You MUST have:
An Emergency Food Supply
An Emergency Water Supply
Filter Masks to protect from inhaling radiation particles or Chemical/Biological Weapons
Swimmer masks or waterproof goggles to protect our eyes from Nuclear/Chemical/Biological Weapons
A source of Emergency Electrical power: A generator, or an INVERTER to convert DC car batteries to AC electric, or Solar panels with batteries and an INVERTER.
Spare Fuel: For your car(s), Trucks, Emergency Generator fuel supply etc.
CASH MONEY ON HAND -- Puerto Rico got hit by a hurricane and here we are ten days later, the banks and ATM's are all still closed and offline. Credit cards don't work. Debit Cards don't work. What few stores are open won't accept checks. CASH IS KING. Such will be the case nationwide in the USA if we get hit here by North Korean attacks. No cash? No nothing for you. Have some cash on-hand. Not to pay bills, but to rely upon in an emergency so you can survive.
Emergency HEAT. We are rapidly approaching the onset of Winter. You should have at least ONE source of Emergency heat. Perhaps a Kerosene Heater with spare fuel? SOMETHING is better than nothing. If war hits here . . . and attacks here in the USA are ___ LIKELY ____ you'd better have a way to keep warm if all the electric is out and if gas lines are sabotaged stalling your furnace.
Emergency Communications: Again I refer to Puerto Rico because it is an actual, ONGOING, situation and a prime example of how screwed-up things get when disaster strikes. People on that island can't get cellular or wi-fi, have no phones and no electric; thus cannot communicate with their loved ones. Don't be like them.
Make certain you have spare medicine to live on. Some folks take specific medicines without which they cannot live. For instance, one member of my family had a Thyroid removed due to cancer. That person MUST take a Thyroid replacement drug once a day. Without that medicine, my family member will die by day five of no medicine. Have a month or longer supply of such vital medicines on-hand.
Here's the worst part:
The worst part of this situation is that you cannot tell ANYONE that you have made preparations. The overwhelming majority of people simply will not take _any_ steps to prepare. And when disaster strikes, they will come knocking on YOUR door, begging for help.
Many of you will find yourselves in a situation where people you've known for years, come begging you for food and you'll face a stark choice: Feed THEM, or feed YOURSELF. They had a chance to prep but didn't. They made that choice, they have to live (or die) from it. Only the strong survive. The weak and weak-minded do not.
If you make the mistake of bragging or telling anyone that you're making preparations, they'll stick that in the back of their minds and do nothing, figuring they can come to YOU when the SHTF. ANd if you make yet another mistake of actually giving any of them food, THEY WILL TELL OTHERS! You'll quickly find yourself totally swamped by desperate, hungry people.
HAVE FIREARMS and AMMUNITION You should have a firearm to protect yourself and your family. When the ignorant masses start getting hungry, first they'll _ask_ for food; then they'll come to TAKE IT. You had better be ready to fend-off these predators.
Below are SOURCES via AMAZON for the items I have mentioned above. I am NOT the Seller of any of these items. In the interest of full disclosure, I WILL earn a $1 or $2 Commission if you buy things via my web site, but the price you pay is the same whether you buy it through my site, or directly thru AMAZON. My Commission comes out of the seller profit, so your price is not affected. Whether you buy through my site or somewhere else, just make sure you have these preps!
Time is of the essence. Once hostilities commence, things will get incredibly bad, incredibly fast. There won't be any time to cover your ass once everyone in the country is trying to cover theirs. Store shelves will be emptied in hours. Gas stations will be empty too (just like we all saw last month when Hurricane Irma hit Florida, and "the masses" waited until one day before to even THINK of getting fuel. Thousands of them found empty gas stations. Don't be like them.
ABOUT THE MASKS ABOVE: It is important that you have one WITH YOU or within immediate reach at all times. For instance, having masks at home while you're at work is useless if an attack takes place while you're at work. You need to have one in your desk or locker at work. You should also have one in your car in case an attack takes place while you're traveling. I have one for EACH of my family members both at home and in my family car, so if we're all together on an outing, and something takes place, we all have masks in the car. Your finances will dictate how many masks you get, but these are things to really think about as you prep.
Once your supply of stored water runs out, you're going to need more water, but NONE may be available via Municipal Water Supplies or stores. At that point, you will have to get water from nearby Lakes, Streams or Rivers, and that absolutely requires FILTERING before being consumed. Here are some Gravity-fed water filters you can resort to when your emergency supplies run out:
You can move a radio from a car into your home and run it off a 12v power supply or a car battery.
But you need an ANTENNA for the house. Below are some choices: