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.
Matthew Jennings been base-camping since I was a kid… do it for fun… I advise folks to get a set of the Firefox books… the actual books, not the electronic copies… they will be of far more value than their weight in gold
Remember, what laws Congress pass for the people, they pass for themselves. They are not exempt from this stupid bill, either.
I have a dollar
No no no…this is unconstitutional!!!
And all the financial advisers tell you to keep cash stashed away for emergencies in case you can’t get to your money in the bank… If a major power outage, you can’t use a debit card or a credit card. It is another liberal socialistic idea so they can keep up with how much we have and make sure everyone stays in poverty where they want us to be. Trump will veto!
Doreen Davis that will be when the AntiChrist rules the world…
The Government works for me I am their CEO.
I will tell them where to squat and bare it.
Not the other way around. I believe the Government is getting to big for the own good.
F**e
Oh yea right
Oh quick spend all your money right away they will never know lol ha ha