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 $10,000.
This brings to mind the FBI raid under former FBI Director Comey of a small Texan Conservative political gathering back in 2015. Agents confiscated electronics and forcibly fingerprinted all 60 people gathered at the meeting. Now let’s just suppose for a second that they found any evidence of unreported wealth during the raid. You better believe they’d have seized-up all the assets. This is a very real possibility unfolding before us right now since the Senate just passed this bill.
The government is even going to start throwing people in prison if they find out folks haven’t been reporting ALL of their assets. How long would you guess the minimum federal sentence would be for failing to report assets not held in a back? Here is a hint. It’s about double the average time handed for 1st-time rape offenders. Find out more about this freedom infringing bill and how it gives the government the right to start wiretapping private citizens on the next page.
Sounds like some pre-French revolution stuff. How’d that work our for the monarchy? Take note washington…….
Banks are owned and regulated by the Federal Government. Go$#%&!@*to them about paying out interest. Of course, you probably don’t consider that if interest rates are raised to pay out more interest……ALL other loans and financial products also increase. ….like credit card interest, mortgage interest, which makes it more expensive to buy a house. ….yep, brilliant deduction.
Says the man who doesn’t even live here. Butt out.
Mike Pace…..just mind your own business. Don’t you have anything better to do? You move out of country because killery lost? Cool…more demolibtards need to follow your example.
Oh no!! All those tens of dollars I buried in the mason jars are at risk!!
F**e news
F**k u
Its 250 per account. Multiple accounts at multiple banks is how I hoard my millions lol
This sounds like preamble to confiscation.
Ronald Killgo , f**e news not reporting stockmarket at all time highs, unemployment at 15 year low, and more.