How JP Morgan Took Over All Kentucky's Financial Services, And Why You Should Be Scared
Become a member: Subscribe
- Money & Markets
- Weekly Solari Reports
- Cognitive Liberty
- Young Builders
- Ask Catherine
- News Trends & Stories
- Equity Overview
- War For Bankocracy
- Digital Money, Digital Control
- State Leader Briefings
- Food
- Food for the Soul
- Future Science
- Health
- Metanoia
- Solutions
- Spiritual Science
- Wellness
- Building Weatlh
- Via Europa
Solari’s Building Wealth materials are organized to inspire and support your personal strategic and financial planning.

Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
No posts
- LATEST
- TOP SECTIONS
- SERIES
- Money & Markets
- Weekly Solari Reports
- Ask Catherine
- News Trends & Stories
- Equity Overview
- Cognitive Liberty
- Young Builders
- Building Wealth
- The War for Bankocracy
- Digital Money, Digital Control
- State Leader Briefings
- Food
- Food for the Soul
- Future Science
- Health
- Metanoia
- Solutions
- Spiritual Science
- Wellness
- Via Europa
- BLOGS
- RESOURCES
- COMMUNITY
- My Account
- Log In
- Subscribe
- Search
- Shop
- Support
- Donate
- Log Out
How JP Morgan Took Over All Kentucky’s Financial Services, And Why You Should Be Scared
By Danny Mayer
One of the major players in the global financial crisis is now in charge of all financial transactions in an entire state. Could this spread?
On July 1, JP Morgan Chase became the Commonwealth’s bank. As the state’s official depository, JP now receives all deposits, writes all checks and makes all wire transfers on the $12-15 billion that flow through Kentucky state government in the course of a fiscal year. It will cut payroll checks, receive federal and other funds earmarked for the state, and disburse educational or transportation or any other funds to their appropriate monetary endpoints. For its trouble, the bank will receive $1.3 million in state fees and the ability to re-lend idle state funds out to customers for private gain.
Yes, you should be worried.
Our mission is to help you live a free and inspired life. This includes building wealth in ways that build real wealth in the wider economy. We believe that personal and family wealth is a critical ingredient of both individual freedom and community, health and well-being.
Nothing on The Solari Report should be taken as individual investment, legal, or medical advice. Anyone seeking investment, legal, medical, or other professional advice for his or her personal situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate strategy.
Be the first to know about new articles, series and events.















































































































