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.
Just another way for government to get into your personal life.
If i remember correctly Aaron Johnson,it was brought and co sponsored by 2 Republicans and Feinstein.Remember this in November.
My question is, did these pukes in the Senate campaign on this bill? Is this what got them elected? Was this forefront on every American’s mind? Oh, I can’t wait to get my representative in so he can make a law that all Americans must report any stashed cash… Meanwhile Obama care kicked down the road.. Without resolving that tax burden, how can they tackle tax reform? They won’t.
Tyranny
Like in Venezuela?
Another scare tactic by Facebook idiot
I bet they’re hording gold and other metals, being cash is really worthless.
Good luck with that .
My take on this is, it’s better to have various ways to store and save your resources. It’s like the old saying “Don’t store all of your eggs in the same basket”. There’s nothing wrong I’m having a moderate amount of cash hidden at home, Incase of an emergency and you’re unable to get it out of the bank in time. Putting your money and other valuables in multiple secure locations will assure that if for whatever reason, one location fails, you still have something left and not everything is lost.
We’ll get on that right away.