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 $10,000.
This brings to mind the FBI raid under former FBI Director Comey of a small Texan Conservative political gathering back in 2015. Agents confiscated electronics and forcibly fingerprinted all 60 people gathered at the meeting. Now let’s just suppose for a second that they found any evidence of unreported wealth during the raid. You better believe they’d have seized-up all the assets. This is a very real possibility unfolding before us right now since the Senate just passed this bill.
The government is even going to start throwing people in prison if they find out folks haven’t been reporting ALL of their assets. How long would you guess the minimum federal sentence would be for failing to report assets not held in a back? Here is a hint. It’s about double the average time handed for 1st-time rape offenders. Find out more about this freedom infringing bill and how it gives the government the right to start wiretapping private citizens on the next page.
This will never fly you can’t enforce it
i call bull$#%&!@*(f**e news)
Total B.S. The government is Out of control.
I got a dollar want some come. Get it
What I do with my savings is my business, not the government’s!
Yeah right. I’m right on top of that request. FO.
Until society goes into full shtf meltdown mode – cash is king.
Until then, take a box of bullets into a grocery store and let us know how much food they let you walk out with in trade.
Here’s the point – when they can control how much of your own money you can have access to, you’re screwed.
Banks typically limit how much cash you can withdraw at a time or per month.
This is your money – but if you want it in cold hard cash they will limit you.
They want as much of your financial transactions as possible to go through the banking system.
When it had to go through the banking system, they get greater control over your life.
There should be nothing wrong if someone wants to save their cash in their own home in a safe or vault if they want to, and pay cash for a car or even a house if they saved that much.
Might not be the best way to get a return on your money – but at least you haven’t got to worry about the bank going belly up.
Mark I noticed you mentioned ammo. How do you think the founders fought a won our country? They had to board to win freedom. The government has hoarded 5 billions of ammo Why? When the people are afraid of their government it’s tyrannical government.
Them first!!!
Did they exempt themselves from this bill to.