Bankster Crime

Exposing Fraud in the Banking System

2/13/24: Jamie Dimon’s Statement Last Month that Trump “Was Kind of Right About NATO,” Sounds Even More Unhinged Today

Featured Story

By Pam Martens and Russ Martens:

Jamie Dimon Being Sworn In at House Financial Services Committee Hearing, May 27, 2021

On January 17 of this year, during a CNBC interview during the World Economic Forum in Davos, the Chairman and CEO of JPMorgan Chase, Jamie Dimon, made the unhinged remark that Donald Trump “was kind of right about NATO.”

A New York Times article from January 14, 2019 outlined Trump’s position on NATO as follows:

“There are few things that President Vladimir V. Putin of Russia desires more than the weakening of NATO, the military alliance among the United States, Europe and Canada that has deterred Soviet and Russian aggression for 70 years.

“Last year, President Trump suggested a move tantamount to destroying NATO: the withdrawal of the United States.”

This past Saturday, during a campaign stop in South Carolina, Trump recited a prior conversation he said he had had about NATO with a world leader. The video clip of Trump’s remarks was aired yesterday on NBC’s Meet the Press:

TRUMP: “One of the presidents of a big country stood up, said, ‘Well, sir, if we don’t pay and we’re attacked by Russia, will you protect us?’ I said, ‘You didn’t pay. You’re delinquent?’ He said, ‘Yes. Let’s say that happened.’ [Trump says he responded:] ‘No, I would not protect you. In fact, I would encourage them to do whatever the hell they want. You’ve got to pay. You’ve got to pay your bills.”

Putting aside the fact that Trump is notorious for not paying his bills and taking his businesses into bankruptcy six times, the U.S. and its allies are currently attempting to stop Russia in its invasion of Ukraine and to present a united front to Russian President Vladimir Putin to prevent an invasion of a neighboring NATO country.

Former New Jersey Governor, Chris Christie, who recently dropped out as a Republican candidate for president, was interviewed on Meet the Press yesterday and asked about Trump’s remarks on Saturday about NATO. Christie had this to say:

CHRISTIE: “Well, look, this is why I’ve been saying for a long time that he’s unfit to be president of the United States. Now, it’s one thing and I think it’s right for a president to say to a NATO member, ‘Hey, you’ve got to pay the dues you need to pay.’ I think the American people would expect that of a president. But the problem with Donald Trump is he can’t just stop there. He’s got to say, ‘I would encourage Russia to do whatever the hell they wanted to you.’ That is absolutely inappropriate for a president of the United States or a candidate for president of the United States to be saying. But it is consistent with his love for dictators.”

A current Republican presidential candidate, Nikki Haley, was interviewed yesterday on CBS’ Face the Nation. Haley was asked about the same Trump remarks. Her response was this:

HALEY: “NATO has been a success story for the last 75 years. But what bothers me about this is, don’t take the side of a thug who kills his opponents. Don’t take the side of someone who has gone in and invaded a country and half-a-million people have died or been wounded because of Putin.

“Don’t take the side of someone who continues to lie. I dealt with Russia every day [as former U.S. Ambassador to the United Nations]. The last thing we ever want to do is side with Russia. What we always need to remember is, America needs to have friends. After September 10, we needed a lot of friends. We can never get into the point where we don’t need friends.

“Now, we do want NATO allies to pull their weight. But there are ways you can do that without sitting there and telling Russia, have your way with these countries. That’s not what we want. If you notice, Russia has never invaded a NATO country. They’ve invaded Georgia, Moldova and Ukraine.

“They are actually very intimidated by – by NATO. NATO allows us to prevent war. We need to always focus on preventing war.”

White House spokesman, Andrew Bates, had this to say about Trump’s remarks on NATO: “Encouraging invasions of our closest allies by murderous regimes is appalling and unhinged – and it endangers American national security, global stability and our economy at home.”

Trump’s remarks were also quickly rebuked by European leaders.

Why Jamie Dimon, who sits at the helm of the largest taxpayer-backstopped bank in the United States (and has presided over a rap sheet that rivals that of an organized crime family) thinks he has a right to undermine NATO in the midst of a brutal Russian invasion and during delicate deliberations in Congress to pass financial aid to Ukraine, should greatly disturb the shareholders of JPMorgan Chase, as well as every Bank.


Be gentle with your skin. Our soaps are kind to your skin and create a creamy, silky lather that is nourishing. Small batches are made by hand. We only use the best natural ingredients. There are no chemicals, phthalates, parabens, sodium laurel sulfate, or detergents. GraniteRidgeSoapworks

To Get 20% Of Use Coupon Code Bankster20 Or HNews20

Don't Miss

Global Markets Hit All-Time High As Traders Brace For “Phase Two” Optimism

By StevieRay Hansen

This is where we stand as we enter Monday morning: European markets are firmer this morning, though the FTSE 100 significantly outperforms on a second-wave…

Read More

Election Apocalypse: Investors Fears Very Negative Event a Year From Here and Are Placing Bets to Hedge Themselves

By StevieRay Hansen

The stock exchange is somehow similar to weather forecasts. You never know what’s going to happen but it’s better to plan ahead and be prepared…

Read More

It’s D-Day For The Repo Market: On Monday $100 Billion In Liquidity Will Be Drained – What Happens Next?

By StevieRay Hansen

Last week’s apocalyptic report by repo market guru Zoltan Pozsar, which for those who missed it predicted that an imminent market crash and loss of control of…

Read More

The Destruction of Civilization

By StevieRay Hansen

Implications of extreme monetary interventions When I was asked to write an article about the impact of negative interest rates and negative-yielding bonds, I thought…

Read More

Three Men Arrested In NJ For Running Alleged $722 Million Crypto Ponzi Scheme

By StevieRay Hansen

United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part…

Read More
Posted in ,

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *