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NEWS AND VIEWS THAT IMPACT LIMITED CONSTITUTIONAL GOVERNMENT

"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Tuesday, June 20, 2017

Government to seize all your assets in GOP-Dem bill



Another GOP-Democrat Alliance

  • Once again we see the liars in the "small government" Republican Party eagerly whore themselves with Leftist Democrats to control your life and steal your money.


(World Net Daily)  -  In the name of fighting terrorism financing, a new U.S. Senate bill threatens to force private corporations to monitor your financial activity and empowers government to seize all your assets if you fail to comply with the new law.
Even failure to fill out one form is license for the federal government to take everything you have.
Sponsored by Sens. Chuck Grassley, R-Iowa, Dianne Feinstein, D-Calif., John Cornyn, R-Texas, and Sheldon Whitehouse, D-R.I., Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” was introduced last month and represents what some financial experts say is a new assault on cash and digital currencies.
Proponents say it’s needed to fight criminal and terrorist money laundering efforts, yet the banking institutions that will be given orders to look for evidence are themselves the primary architects of the schemes that make this activity profitable on a massive scale.
“If the bill becomes law, Americans would be subject to a whole host of government intrusions. One little slip-up would open a Pandora’s box of governmental inquiry into your financial life,” says Peter Reagan, a financial-market strategist at Birch Gold Group. “For example, failing to complete a single reporting form would result in the government being granted abilities to freeze and seize not just a portion, but the entirety, of your assets. The bill even goes so far as to include the contents of safety-deposit boxes.”
Even failure to fill out one form is license for the federal government to take everything you have.
Sponsored by Sens. Chuck Grassley, R-Iowa, Dianne Feinstein, D-Calif., John Cornyn, R-Texas, and Sheldon Whitehouse, D-R.I., Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” was introduced last month and represents what some financial experts say is a new assault on cash and digital currencies.
Proponents say it’s needed to fight criminal and terrorist money laundering efforts, yet the banking institutions that will be given orders to look for evidence are themselves the primary architects of the schemes that make this activity profitable on a massive scale.
“If the bill becomes law, Americans would be subject to a whole host of government intrusions. One little slip-up would open a Pandora’s box of governmental inquiry into your financial life,” says Peter Reagan, a financial-market strategist at Birch Gold Group. “For example, failing to complete a single reporting form would result in the government being granted abilities to freeze and seize not just a portion, but the entirety, of your assets. The bill even goes so far as to include the contents of safety-deposit boxes.”
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3 comments:

GOODSTUFF said...

Border control agent: "You must declare all access to crypto-currencies"

Foreign visitor: "Over five million BTC"

Agent: "S-Satoshi Nakamoto?!"

GOODSTUFF said...

Artificial Constructs - There are non-physical structures to many things in life that the human can recognize through reasoning. the structures (the constructs) are not physically real, and yet they exist. Logic and philosophy rely on a lot of artificial constructs, ways of defining things that arise only through thought and have no real physical existence.

GoodBit the New Space Age Cryptocurrency
http://goodstuffsworld.blogspot.com/2014/01/goodbit-new-space-age-cryptocurrency.html

Anonymous said...

they are a kind of mushrooms that make those ideias come out , so don`t need to go on chimicals , or ice