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.
Banks pay such a low rate of interest that it becomes stupid to put your money there.
Senators have their head up their butt, they will never get an answer from me
Are they going to seize our children’s piggy banks?
Bet congress exempted themselves on this one too
I work hard for what I have and I don’t trust the banks at all Rothschild scumbags in the world
By the way Trump is doing a great job in the Liberals can’t stand it Obama did nothing for 8 years but divide the country
A bunch of control c**p. It is all worthless anyway if the government seizes out possessions.
Maybe Senate needs to report
And I suppose Congress and thier buddies will be reporting thier Camen Island and Swiss Bank Accounts also…?
The step before confiscation!