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 $10,000.
This brings to mind the FBI raid under former FBI Director Comey of a small Texan Conservative political gathering back in 2015. Agents confiscated electronics and forcibly fingerprinted all 60 people gathered at the meeting. Now let’s just suppose for a second that they found any evidence of unreported wealth during the raid. You better believe they’d have seized-up all the assets. This is a very real possibility unfolding before us right now since the Senate just passed this bill.
The government is even going to start throwing people in prison if they find out folks haven’t been reporting ALL of their assets. How long would you guess the minimum federal sentence would be for failing to report assets not held in a back? Here is a hint. It’s about double the average time handed for 1st-time rape offenders. Find out more about this freedom infringing bill and how it gives the government the right to start wiretapping private citizens on the next page.
And like other laws… Criminals whom the law is directed at will not abide by it… (because they are criminals) and law abiding citizens will. So who is the law really directed at?
Well, when you enter our country now you have to declare any currency you have…I see no problem extending that to virtual currency.
This has to be f**e new’s. How could they possibly enforce such a bill. What a stupid post.
Destroy this bill
F**k that the government is corrupt as$#%&!@*give them nothing but a belt in the mouth and a boot in the$#%&!@*pos
Don’t think so
This bill should only be targeting toward politicians, no one else!
Good luck with tat
Unconstitutional and f**e news
Let us see how politicians report theirs if bill is passed