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 $10,000.
This brings to mind the FBI raid under former FBI Director Comey of a small Texan Conservative political gathering back in 2015. Agents confiscated electronics and forcibly fingerprinted all 60 people gathered at the meeting. Now let’s just suppose for a second that they found any evidence of unreported wealth during the raid. You better believe they’d have seized-up all the assets. This is a very real possibility unfolding before us right now since the Senate just passed this bill.
The government is even going to start throwing people in prison if they find out folks haven’t been reporting ALL of their assets. How long would you guess the minimum federal sentence would be for failing to report assets not held in a back? Here is a hint. It’s about double the average time handed for 1st-time rape offenders. Find out more about this freedom infringing bill and how it gives the government the right to start wiretapping private citizens on the next page.
Unless the limit is very high, MOST people would be exempt. If people want to keep a load of cash in their house, and are not drug dealers, I don’t see a problem with them doing so. No New Laws.
like hell i will
Next your wallet or purse will have a limit on how much cash can be carried everyday. Verification via your smartphone.
Donald Robinson
Meanwhile obama and his idiots use offshore accounts to hide what they stole from the taxpayers or accepting bribes, hypocracy!
that’s why you buy for cash off-the-record, melt your own ingots, load your own ammo…. pre-fab lazy solutions fail.
Why do you have to demean people because you consider youraelf to be more intelligent??
So is the law gonna come in our homes and interrogate us like the communists to take the little nest egg people put away for retirement. Lock and load Americans. This is unconstitutional and against your rights.
Bob Mccaskill why do you have to be a whining PC wuss?
See “$” pic re Lying LawYeerr$!