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Thread: do not pass go-do not collect $200

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    Default do not pass go-do not collect $200



    Senate Bill to Force Citizens to Register Cash Not in a Bank, Violators Get 10 Years in Prison

    Posted on June 18, 2017 by Claire Bernish
    A new bill seeks to track your money and assets incessantly, will enjoin any business with government ties to act as a de facto arm of DHS, and would steal all of your assets — including Bitcoin and other cryptocurrencies — should you fail to report funds when traveling with over $10,000.
    Under the guise of combating money laundering, Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” ramps up regulation of digital currency and other autocratic financial controls in an attempt to ensure none of your assets can escape one of the State’s most nefarious, despised powers: civil asset forfeiture.
    All of this under the farcically broad umbrella of fighting terrorism.
    Civil forfeiture grants the government robbery writ large: your cash, property, and assets can be stolen completely sans due process, your guilt — frequently pertaining to drug ‘crimes’ — matters not.
    A court verdict of not guilty doesn’t even guarantee the return of State-purloined property.

    In fact, the government can seize virtually whatever it wants if it so much as suspects some of your assets might have been acquired through or used in the commission of even lesser crimes.
    For some time, a war on cash has been brewing behind the closed doors of government, and — although officials prefer to claim counterfeiting, terrorism, and money laundering as the impetus for asset tracking — in actuality, physical currency facilitates black market and untaxed transactions, and, most imperatively to the U.S., cannot be scarfed away under civil asset forfeiture laws as easily as money exchanged digitally.

    Characterized as an effort to “to improve the prohibitions on money laundering, and for other purposes,” the bill severely curtails the right to travel freely, without undue hindrance, as travelers with more than $10,000 in assets — including those held digitally, like Bitcoin — must file a report with the U.S. government.
    Noncompliance with the tyrannical law — including failing to fill out the aforementioned form — would incur penalties befitting a fascist dictatorship: an individual could find the entirety of their assets seized, not just those unreported, and could be locked in a prison cage for up to ten years.


    Last edited by Svengarlicky; June 27th, 2017 at 10:41 AM.

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    The government will have a difficult time enforcing this law if it ever comes to light. That's almost like telling the people to turn in their gold if they had any in the Depression era of the 1930's. The people will not follow these types of rules. Unjust rules are meant to be broken.

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    Quote Originally Posted by Blitzkrieg View Post
    The government will have a difficult time enforcing this law if it ever comes to light. That's almost like telling the people to turn in their gold if they had any in the Depression era of the 1930's. The people will not follow these types of rules. Unjust rules are meant to be broken.
    Under FDR's executive order, the people did in fact relinquish their gold. Never underestimate the power of mass delusion.

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    Quote Originally Posted by Svengarlicky View Post
    Under FDR's executive order, the people did in fact relinquish their gold. Never underestimate the power of mass delusion.
    I realize that FDR declared a bank holiday and ordered the gold to be turned in. However anyone who followed that rule was a complete moron.

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