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.
Another step toward prophesy
So they will penalize ordinary citizens for stashing cash for emergencies, but they cannot prosecute Obama, Clinton and all the high level politicians who stash money overseas, in offshore accounts. Such hypocrisy. It is all about squeezing the ordinary citizens.
Yep all laws passed must be tested on ELECTED officials first.
And the ethics committee (oxymoron) needs to be of private citizens ONLY.
Hope Trump vetos this ridiculous bill. How Unamerican!
And how will they know if someone reports cash that they have stashed. Come on now. We pay taxes on the money we earn. Why would we have to pay taxes on it again just because we decide to save some without depositing it in a bank. Get real.
They are going to seize citizens stashed cash, but they have billions stashed in foundations, Cayman islands!? They want us under their thumbs to control our every move!! Do this to the illegals..not Redneck Americans! This is going to bring about another civil war!
Lmao
THIS IS WRONG ON SO MANY LEVELS!
THIS IS WRONG ON SO MANY LEVELS,
Does this bill include them too?