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Title: No apologies from the Weaponized banks that are canceling Faith Groups
Source: [None]
URL Source: https://endtimeheadlines.org/2023/0 ... at-are-canceling-faith-groups/
Published: Sep 15, 2023
Author: Staff
Post Date: 2023-09-15 14:26:36 by Horse
Keywords: None
Views: 360
Comments: 9

An increasing number of Christian and conservative organizations say they’re being ‘de-banked.’ Accounts are closed, payment processors are turned off, or some are placed on a donor ‘blacklist.’

According to CBN News, Banking and financial services have become weaponized. Christian and conservative groups labeled ‘high risk’ can be denied financial services, and it’s happening under the cover of federal banking laws.

Among the victims? Indigenous Advance Ministries, which helps orphans and widows in Africa. Its account was closed by Bank of America.

Family Council of Arkansas, which promotes traditional family values, was canceled by JPMorgan Chase. The pro-family Ruth Institute lost its payment processor after being targeted as a hate group by the Southern Poverty Law Center.

“We received an email saying, ‘We’re not going to do business with you anymore,'” said Dr. Jennifer Roback Morse, founder of the Ruth Institute. “My colleague went right then and looked at our bank account and it was gone. The credit card processing was gone.”

And what qualified The Ruth Institute as an alleged “hate group”? Morse says, “The dream of the Ruth Institute is that every child be welcomed into a loving home with their own mother and father married to each other.”

Even the National Committee for Religious Freedom, a multi-faith organization headed by former U.S. Senator and Religious Freedom Ambassador Sam Brownback, had its bank account closed by JPMorgan Chase.

Brownback told us, “I went in to make a deposit at a branch here in Kansas about three or four weeks after we’d opened up the account, I think. And the teller there said ‘That account’s been closed.’ And I go, ‘What?’ and they said, ‘That account’s been closed. Your funds will be being sent to you in a couple of weeks.'”

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Begin Trace Mode for Comment # 3.

#3. To: Horse (#0)

It will only get worse if they roll out the CBDC's which could happen any day. You won't have the option to put your money elsewhere.

Majority Whip Tom Emmer gives remarks at Financial Services hearing | September 14, 2023

Rep. Tom Emmer

Sep 15, 2023


0:03 is an important hearing that you're

0:04 holding today and I appreciate it open

0:07 permissionless and private what do I

0:10 mean by this in our digital economy all

0:12 transactions are intermediated by Banks

0:15 governments or big Tech we must develop

0:18 digital tools that function like cash

0:21 these digital assets must be open and

0:24 freely accessible to all without

0:26 requiring permission from the government

0:28 or anyone else and private safeguarding

0:31 the user's identity these qualities are

0:34 fundamental to the to a free society and

0:36 unfortunately the administrative state

0:38 would rather have a cashless economy run

0:40 on a central bank digital currency a

0:43 tool that Communists have than to work

0:45 to maintain our American values in the

0:47 digital age the need to protect

0:49 Americans right to financial privacy is

0:51 an all-time high that's why I introduced

0:53 the cbvc anti-surveillance state act

0:56 with over 50 of my colleagues this bill

0:58 prevents unelected bureaucrats from

1:00 creating a tool for financial

1:01 surveillance if not open permissionless

1:03 and private like cash a cbdc is nothing

1:06 more than a CCP style surveillance tool

1:09 that will oppress the American way of

1:11 life and we're not going to allow that

1:13 to happen and Mr chair I'd ask I'd like

1:15 to submit for the record my December

1:17 first letter to uh to the Susan Collins

1:21 at the Federal Reserve Bank of Boston

1:23 about their Shady cbdc uh pilot they've

1:26 been running without objection and the

1:28 gentleman's Thomas expired


GOP Rep. Tom Emmer Introduces Legislation to Block Federal Reserve from Issuing CBDCs in Any Form, Citing Surveillance Risks and Monetary Policy Concerns

Sep. 13, 2023

House Majority Whip Tom Emmer (MN-06) reintroduced his flagship legislation, the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act, signaling a strong countermove against the Biden regime’s overreach into Americans’ financial privacy.

Emmer has rallied a significant bloc of 50 original Republican co-sponsors, underscoring the concern among conservatives about the implications of a government-issued digital currency.

At the core of this legislation is the principle that a Central Bank Digital Currency, unlike decentralized cryptocurrencies like Bitcoin, would give the federal government unprecedented powers to monitor and control individual financial transactions....






The Bill as First Introduced 2/21/2023


The Bill as re-introduced on September 8, 2023


I wish I had a printer so I could compare side-by-side, but I'm glad it looks like he removed Section 4 from the first bill. Seemed like they could drive a truck through it. Not sure why it was put in in the first place.

AllTheKings'HorsesWontDoIt  posted on  2023-09-15   17:43:48 ET  Reply   Untrace   Trace   Private Reply  

Replies to Comment # 3.

#4. To: AllTheKings'HorsesWontDoIt (#3) (Edited)

GOP Rep. Tom Emmer Introduces Legislation to Block Federal Reserve from Issuing CBDCs in Any Form, Citing Surveillance Risks and Monetary Policy Concerns

China is doing this right now with their version if digital currency. And from what I have seen thus far, Finland has been doing it since the 1990s.

So if the FED does start this sort of thing, what will happen to coin vending machines of all sorts?

And what about those people that must work for cash? I am not one of them, but there are deadbeat Dad's out there trying to avoid child support. ;)

BTP Holdings  posted on  2023-09-15 18:06:23 ET  Reply   Untrace   Trace   Private Reply  

End Trace Mode for Comment # 3.

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