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re: Trump suing JPMorgan Chase over the next 2 weeks after debanking him after Jan 6

Posted on 1/17/26 at 6:57 pm to
Posted by Penrod
Member since Jan 2011
55585 posts
Posted on 1/17/26 at 6:57 pm to
quote:

Banks have been hesitant to lend to Donald Trump due to his history

You’ve outed yourself as a moron. This has nothing to do with risk and everything to do with politics. Debanking isn’t about not lending the victim money; it’s about denying him the means to participate in the modern economy, including credit cards and checking accounts.
Posted by Penrod
Member since Jan 2011
55585 posts
Posted on 1/17/26 at 7:02 pm to
quote:

He should win this in court

He has zero chance of winning this in court. JP Morgan Chase has the right to debank anyone they choose. Unless you can show that it was done for some reason that is expressly forbidden by law - racial, religious, etc - then they can do it.

I pulled my investment account from JP Morgan Chase due to them debanking Trump and others. That was about four years ago. It’s legal for them to do it, but we can debank Chase, too.
Posted by Penrod
Member since Jan 2011
55585 posts
Posted on 1/17/26 at 7:09 pm to
quote:

Why not pass a law saying you can't debank people for political reasons?

They would say they didn’t debank him for political reasons but because he encouraged the crime of insurrection. Or they would say it’s because he’s racially divisive, or any number of other reasons. No, the remedy for this is for you to debank Chase, just as the remedy for tranny beer was a boycott.
Posted by Penrod
Member since Jan 2011
55585 posts
Posted on 1/17/26 at 7:11 pm to
quote:

doing worse than if he had just invested that money in the S&P500 instead.

I doubt that is true.
Posted by Penrod
Member since Jan 2011
55585 posts
Posted on 1/17/26 at 7:13 pm to
quote:

If you want to calculate the wealth Trump has created from his inheritance, then you must include all the people he also created wealth for. All of his employees, all of the contractors and their employees, all of the taxes he paid. All of the investors. And then all of the people who benefited from that money.

No indeed not! This is financial illiteracy. Had he put money in the stock market it would have provided capital for companies that would have also created wealth for their employees etc.
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1917 posts
Posted on 1/17/26 at 7:16 pm to
I don’t know what else to tell you. Why would there be this news out there that Chase de-banked people. Why would I make this up? Believe what you want. Maybe the truth will come out. Trump is the only one who has the position to push it. Bank locally. Chase and BOA aren’t our friends.

Our state treasurer John Fleming has my letter and case. I’ll let you know if it goes anywhere. The state is investigating this. I’m not the only one.

This post was edited on 1/17/26 at 7:19 pm
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