Wednesday, June 14, 2017

Congress submits bill making it illegal to hold cash, Bitcoin, or other assets outside of a bank without informing them in writing

Just as the War on Drugs was never actually about slowing down or stopping the import and use of illegal narcotics, so too was the spurious War on Terror not about stopping individuals or groups from inciting violence for political means.  In fact, we already know that U.S. agencies have funded, trained, and armed the very terror groups that are supposedly on the FBI's Terror Watch List when they supported them in the taking over of Libya, and in the attemp to take over Syria.

So the question then has to be asked... what are the purposes behind the ideological wars against drugs and terror really all about?  Well, since the real victims going back to the 1970's when the War on Drugs was instituted by President Richard Nixon have been the millions of Americans incarcerated for victimless crimes, and the billions of dollars seized without a trial in what is known as Civil Forfeiture, then it is fairly obvious who these wars were really focused against.

And since the advent of the Patriot Act, which hasn't stopped a single terrorist or terror event following the terror attacks on 9/11, the ability of Americans to do as they please with their own money has been stymied in the government's attempt to monitor and regulate every single transaction individuals choose to conduct.

However, with the rise of cryptocurrencies, and the new fears coming out that decentralized virtual money could actually start or magnify a financial crisis, Congress on May 25 has submitted a bill making it illegal, and placing individuals subject to asset confiscation and imprisonment, for anyone to have a medium size amount of cash, Bitcoin, etc... outside of a bank without telling the government how much you have, where you have it, and why you have it through the filling out of new Federal forms.

Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,
“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.” 
You can probably already guess its contents. 
Cash is evil. 
Bitcoin is evil. 
Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil. 
Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”. 
Civil Asset Forfeiture rules allow the government to take whatever they want from you, without a trial or any due process. 
This new bill adds a laundry list of offenses for which they can legally seize your assets… all of which pertain to money laundering and other financial crimes.
Here’s the thing, though: they’ve also vastly expanded on the definition of such ‘financial crimes’, including failure to fill out a form if you happen to be transporting more than $10,000 worth of ‘monetary instruments’. 
Have too much cash? You’d better tell the government. 
If not, they’re authorizing themselves in this bill to seize not just the money you didn’t report, but ALL of your assets and bank accounts. 
They even go so far as to specifically name “safety deposit boxes” among the various assets that they can seize if you don’t fill out the form. - Sovereign Man

7 comments:

Stash yer cash for the black market, yer gonna need it... ;)

More and more big brother, gets worse all the time. But we continue to elect someone from the two party system that always wants to increase government.

It's a thing

https://www.congress.gov/bill/115th-congress/senate-bill/1241/text

We must abandon the use of the private bank's debt instruments as our medium of exchange and return the honest weights and measures and silver bullion in Troy ounce weight denominations of specie. Hell, anything other than their private central bank credit/debt. We cannot afford to deal in dollars/federal reserve notes and should exercise our remedy at law to deal in lawful money found in USC Title 12 section 411 where the choice I'd our to have our paychecks redeemed in lawful money instead of private credit. We must not engage in commerce with those financial institutions that engage in fractional reserve lending practices and usury and profit by evil lucre loaning our medium of exchange into existence at interest but never monitizing/printing yhe interest into existence. So it is an impossibility to repay the loaned money which means that whatever asset collateral was used to secure the loan becomes the property of the bank by automatic default in time. And the bank comes into the agreement with unclean hands and commits fraud in the inducement, but no one knows about this giant Ponzi scheme, or do and don't care. To starve the beast system is our only alternative. We cannot defeat this beast system by force of arms making open war, it simply can't be done, but we can starve it to death if we all agree to use honest weights and measures with each other and encourage the small business owners to accept anything other than the banks terms.We need to do it soon. Islam is the newest boogie man the created common evil enemy used as a patsy and this provides a path toward a one world government single system of financial currency that will be digital in scope and likely implanted passive RFID BIOMETRIC MICROCHIP managed by AI quantum computers like DWAVE where our kives will be surveilled 24/7/365. Reak time tracking of our every move and transaction. There will bevvery little "underground/black market activity". Abandon the PETRO DOLLAR as the global reserve world currency and dissolve the need to make war by dissolving the largest consumer of petroleum products which is the western military industrial complex. The EVIL TRIUMVIRATE central banking, oil corporations who sell oil in PETRO DOLLARS and the guardian and pugnacious world bully the blood lrtting machine of the vie et armis colonizer the military industrial complex. A self sustaining, self feeding, perpetual misery making self defeating creation of greedy malicious men with zero empathy and a will to power. Still its an individual choice we make to support it by our use of their money. We do it willingly.

Don't they alread have the form to fill out at U.S. Customs if you have more than 10K in cash?

Kathleen if you go withdraw more than 10,000 out of an account they do fill out a form regarding the money so it gets reported. However there's nothing to say you can't go withdraw 5,000 one day and 5,000 another. If you pay taxes all of your income is getting repored anyways and I know several people who go and pull their paY check money out of bank accounts they don't believe in using banking systems.

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tells us who is behind this tyranny.

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