I think we're going in circles with neither of us convincing the other and I've said all I have to say on this topic, so I'll leave it at this: We're not hearing any news stories, no Nightline exposes on how Chase is wholesale closing down accounts of its reward-base customers, no speculation in the Wall Street Journal on Chase's actions and activities in a major portion of its credit card holdings...or anything beyond some disgruntled posts on some threads about Chase closing accounts.

I'll be happy to eat my words if it hits the NY Times. Otherwise, I'm going to continue on the premise that these are mostly egregious cases of point gouging or other violations of the T&C (with a few wrongly closed down accounts thrown in) combined with rumor-mongering and general lemming-like hysteria.