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 $10,000.
This brings to mind the FBI raid under former FBI Director Comey of a small Texan Conservative political gathering back in 2015. Agents confiscated electronics and forcibly fingerprinted all 60 people gathered at the meeting. Now let’s just suppose for a second that they found any evidence of unreported wealth during the raid. You better believe they’d have seized-up all the assets. This is a very real possibility unfolding before us right now since the Senate just passed this bill.
The government is even going to start throwing people in prison if they find out folks haven’t been reporting ALL of their assets. How long would you guess the minimum federal sentence would be for failing to report assets not held in a back? Here is a hint. It’s about double the average time handed for 1st-time rape offenders. Find out more about this freedom infringing bill and how it gives the government the right to start wiretapping private citizens on the next page.
I don’t think so!
If I didn’t have to pay for all my bills, people on welfare bills and people’s food stamps and health insurance I might have had something to hide..
Government theft, plain and simple
What’s the point? Politicians are the ones with stashes of cash.
It is laws like this and the attitudes behind those laws that causes people to stash their cash!
Those transactions (still BS) have been in place for years. This is new….reporting any private stashes of cash.
It wasn’t passed. It was read twice and referred to committee, a LONG way from being passed…
I got forty bucks NO ONE knows about…….
They can suck a$#%&!@*
Truth and action gets caught with f**e news!