By Free Republic | Created at 2024-12-08 18:16:23 | Updated at 2024-12-24 00:37:20
2 weeks ago
Precious metal expert to start first-of-its-kind, gold-standard bank as way to prevent 'debanking'
Just the News ^ | 12/7/24 | Paul Bond
Posted on 12/08/2024 9:45:08 AM PST by CFW
According to a congressional report made public on Friday, President Joe Biden’s administration has gotten banks to surveil the economic habits of of their customers, especially the ones suspected of supporting President-elect Donald Trump.
Under the guise of identifying potential terrorists and money launderers, the FBI and Treasury Department sought help from 16,000 financial institutions without subpoenas looking for tickets purchased to conservative gatherings, the purchase of Bibles or anything with keywords like “Trump” or “MAGA.”
The official X account for the Select Subcommittee on the Weaponization of the Federal Government released its report on X along with the text: “Think your finances are private? Think again.”
In another post on X Friday, the panel wrote: “Without safeguards, this could lead to widespread abuse of power and debanking.”
“Debanking” is the phenomenon of a bank closing an account of a customer due to their political activity. Conservative filmmaker-podcaster-author Dinesh D’Souza told Just the News that JPMorgan Chase Bank debanked him two years ago. JPMorgan Chase didn’t respond to a request for comment.
With all of this going on, Christian Briggs, a long-time professional in precious metals is opening a first-of-its kind modern bank that will be based on the gold standard – and spying and debanking will not be part of the equation.
(Excerpt) Read more at justthenews.com ...
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: banking; currency; economy; gold
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This could be interesting! I hope Mr. Briggs has thought about getting a security team.
1 posted on 12/08/2024 9:45:08 AM PST by CFW
To: CFW
It was good that Dinesh finally apologized for the lying in his Mules flick.
2 posted on 12/08/2024 9:48:57 AM PST by babble-on
To: babble-on
3 posted on 12/08/2024 9:51:55 AM PST by Big Red Badger (ALL Things Will be Revealed !)
To: CFW
“Under the guise of identifying potential terrorists and money launderers, the FBI and Treasury Department sought help from 16,000 financial institutions without subpoenas looking for tickets purchased to conservative gatherings, the purchase of Bibles or anything with keywords like “Trump” or “MAGA.” “
If this isn’t a police state I don’t know what is. This is STASI - American style!
4 posted on 12/08/2024 9:54:05 AM PST by aquila48 (Do not let them make you "care" ! Guilting you is how they. control you. )
To: CFW
So what currency are they going to use out side the bank.
5 posted on 12/08/2024 10:08:28 AM PST by riverrunner
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