It's worse than you even state - the U.S. government OFTEN administratively seizes bank accounts of individuals and businesses who the feds deem to be "structuring" (depositing or withdrawing cash in amounts slightly less than $10,000 - $10,000 being the threshold requiring a bank to file a Currency Transaction Report on the bank customer to the Internal Revenue Service. So, no crime has been committed, someone may not even know about the $10,000 currency transaction threshold, or even if they do, so frigging what? If someone wants to deposit $9,999 every day to avoid the filing of a CTR, so what? But it gets worse - how does the IRS/feds find out about the "suspicious activity" of those under $10k currency transactions? Because banks are REQUIRED to file Suspicious Activity Reports to FinCen (Department of the Treasury Financial Crimes Enforcement Network) for any financial transactions the BANK CLERK deems to be suspicious. Now, I have nothing against bank clerks, but who the hell are they to be the arbiters of "suspicious" activity? And since when is the arbitrary determination by a non-law enforcement person of "suspicious" activity evidence of a crime? Remembers, cash is king, but only if you avoid financial institutions.
Exactly! Why, why would they think the can do it in the first place? Excellent points! Geez, is it just me or, is it already here: we've been aware of what's been
happening for a long while but, because we're a small minority we can only watch how it gradually changes for the worst. They can ignore everything because they
have masses behind them. They have media control, they're able to spin anyway
they want to and, people believe it. Like a bloody quick sand, deeper and deeper we go. PayPal is just the latest example.
It's worse than you even state - the U.S. government OFTEN administratively seizes bank accounts of individuals and businesses who the feds deem to be "structuring" (depositing or withdrawing cash in amounts slightly less than $10,000 - $10,000 being the threshold requiring a bank to file a Currency Transaction Report on the bank customer to the Internal Revenue Service. So, no crime has been committed, someone may not even know about the $10,000 currency transaction threshold, or even if they do, so frigging what? If someone wants to deposit $9,999 every day to avoid the filing of a CTR, so what? But it gets worse - how does the IRS/feds find out about the "suspicious activity" of those under $10k currency transactions? Because banks are REQUIRED to file Suspicious Activity Reports to FinCen (Department of the Treasury Financial Crimes Enforcement Network) for any financial transactions the BANK CLERK deems to be suspicious. Now, I have nothing against bank clerks, but who the hell are they to be the arbiters of "suspicious" activity? And since when is the arbitrary determination by a non-law enforcement person of "suspicious" activity evidence of a crime? Remembers, cash is king, but only if you avoid financial institutions.
They got this from Trudolt. the Turd. My video on the McCarthism taking over..: https://www.youtube.com/watch?v=0yWo3WL3GBk this video on Seizing accounts!!! https://youtu.be/WJrFEXsgXR0
Only dumb people use CCP TikTok. Be smart ban TikTok.
Exactly! Why, why would they think the can do it in the first place? Excellent points! Geez, is it just me or, is it already here: we've been aware of what's been
happening for a long while but, because we're a small minority we can only watch how it gradually changes for the worst. They can ignore everything because they
have masses behind them. They have media control, they're able to spin anyway
they want to and, people believe it. Like a bloody quick sand, deeper and deeper we go. PayPal is just the latest example.
I think this is the classic definition of fascism.
I closed my account. Only used a few times as it became less relevant. It would be interesting to know how closed their accounts.