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.
This is why we have the second amendment, when the government over reaches its boundaries, and goes against our freedoms and constitution.
This law needs to be especially enforce by our very honest government officials that have offshore accounts and foundations that hide millions of ill gotten donations and tax payers money!!!!!!!!
This is not something new…You need to explain why you are carrying over $10,000.00 on you. When you go to the bank and withdraw your own money over $500.00 you need to show an ID.
Good luck with that.
Another Clinton$#%&!@*sucking$#%&!@*wad…you cant be that stupid……
Funny how you fail to mention the record high stock market…but I understand…losers who still live in their parents basement dont invest in the stock market
Stephen Hill What a blubbering bag of$#%&!@*you are.
NONYA !!
Mike Pace!! What a blubbering bag of$#%&!@* you are.
Duh.
think this headline is misleading…. you can keep your cash that you withdraw or earn…just as long as that ‘cash’ has been reported and tax applied… so don’t start mowing lawns at $100 a wack doing 10 a week…and stash that cash… Big Brother will be watching (unless you are a demorat..then it’s probably ok)