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.
The corrupted government is a joke.
It’s a step towards mandatory crypto currency.
They’ll never make it mandatory I don’t think. But it will disrupt the corrupted paper money the government keeps printing.
Crytpo currency is going to make the most millionaires ever Ben Gregory.
f**e
John the most intellectual post i have seen on FB in years. People get all caught up in what is right in front of them but don’t ask who and what is behind things like this. The banks are crying for help and they have a very powerful lobby. They were the first industry to go through major consolidation back in 2006-2008.
Thanks!
This is what Obama wanted to do…I see no date, when was this piece written?
Douche trolls
Do they NOT know the definition of. PRIVATE?. No way should anyone report anything to any government, like that..We need to start asking ” who the f do you think you are?”