A new Senate bill will start forcing citizens to report cash and other assets not held in banks. This bill is stated to combat terrorism and money laundering. But is it? It seems to most like just another government attempt to steal assets and raise revenue for social programs as this bill will give the government the authority to track assets and seize them should an individual fail to report independently held assets exceeding $10,000.
This brings to mind the FBI raid under former FBI Director Comey of a small Texan Conservative political gathering back in 2015. Agents confiscated electronics and forcibly fingerprinted all 60 people gathered at the meeting. Now let’s just suppose for a second that they found any evidence of unreported wealth during the raid. You better believe they’d have seized-up all the assets. This is a very real possibility unfolding before us right now since the Senate just passed this bill.
The government is even going to start throwing people in prison if they find out folks haven’t been reporting ALL of their assets. How long would you guess the minimum federal sentence would be for failing to report assets not held in a back? Here is a hint. It’s about double the average time handed for 1st-time rape offenders. Find out more about this freedom infringing bill and how it gives the government the right to start wiretapping private citizens on the next page.
dust bunnies
What a joke.
What do you do when the person who has what you need, needs nothing that you have? The barter system as a horribly clumsy and impractical system. That’s why the human race abandoned it millennia ago.
Exactly how does the government think they’re going to find out about the money you have stashed under your mattress or buried in your backyard?
Are they going to raid every home and flip the mattresses?
One of the more asinine bills I’ve ever heard of.
Hey Gov, I have already looked under the couch cushions and in my recliner. Found 16cents. Wow, let’s get down to fighting some bad guys.
You mesn i have to count my quarters? It might take a minute.
F**k off
They can’t enforce something so insane!
… yuh .. they can’t keep drugs off the street .. and they can’t stop drunk driving .. or malpractice death .. but they’re going to get everyone to declare their rat-hole …
Excuse me if I don’t hold my breath on that one …
Oh sure