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.
Null shot that private n pro are property violation of the constitution
Ummm … no
Does this only apply to us mere peasants? Or the elite as well?
This is only if you cross international borders. I support it. Have you seen the money coming across on the show border wars? Millions and millions of drug addicts money. This means the government can take that money and spend it instead of holding it in an evidence locker for months, years, decades before someone tries to claim it in court.
Wow! This passed in a Republican dominated Senate? What has happened to individual privacy? The GOP is just getting more and more money hungry.
Worth it to cripple the cartels in Mexico and South America though. Just watch border wars and watch how much money they play with. I support the government taking that money and having free ability to spend it on community projects.
Ridiculous! Govt has no business … just like they dont belong in insurance or in our lives…
Its only for international travel. I don’t care if they steal drug money.
Shades of communist Russia…they need to be shown who their employer is!!!!! Vote all the bastards out
You lying sack of$#%&!@* there’s no such thing.