An increasing number of Christian and conservative organizations say theyre 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 its 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, Were 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 wed opened up the account, I think. And the teller there said That accounts been closed. And I go, What? and they said, That accounts been closed. Your funds will be being sent to you in a couple of weeks.'
#1: Esso To: Horse, 4um (#0)
The Big Bank tried that with me earlier this year for some reason. It was a fucking nightmare for a couple, three months. None of my bills were getting paid. They also shutdown my sister's checking account because it's a joint account between us.
It's total bullshit.
Esso posted on 2023-09-15 15:00:20 Reply Private Reply
#2: Lod To: Esso, Horse, all (#1)
Lod posted on 2023-09-15 16:29:02 Reply Private Reply
#3: AllTheKings'HorsesWontDoIt To: Horse (#0)
Majority Whip Tom Emmer gives remarks at Financial Services hearing | September 14, 2023
Rep. Tom Emmer
Sep 15, 2023
transcript:
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
www.youtube.com/watch?v=WoE6GGt-lZQ
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 regimes 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....
www.thegatewaypundit.com/...slation-prohibit-federal/
emmer.house.gov/2023/9/em...ti-surveillance-state-act
cointelegraph.com/news/to...ti-cbdc-bill-reintroduced
www.kitco.com/news/2023-0...llar-debate-heats-up.html
==================================
The Bill as First Introduced 2/21/2023
www.congress.gov/bill/118...ress/house-bill/1122/text
The Bill as re-introduced on September 8, 2023
emmer.house.gov/_cache/fi...urveillance-state-act.pdf
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 Reply Private Reply
#4: BTP Holdings To: AllTheKings'HorsesWontDoIt (#3)
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 Reply Private Reply
#5: AllTheKings'HorsesWontDoIt To: BTP Holdings (#4)
Yes, that's what Emmer was saying he DIDN"T want us to be like.
Soif 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?
What about piggy banks? What about the Tooth Fairy? What about people who don't trust banks? What about a lot of things.
Federal Reserve and their cohorts in The City of London are just a den of thieves who come to steal, and kill, and destroy. First they took our gold and gave us their counterfiat money. Then they robbed us of our silver coins, and even the copper in our pennies. Now they want to take even their monopoly play money and leave us bankrupt or dead unless we do their bidding.
AllTheKings'HorsesWontDoIt posted on 2023-09-15 19:46:59 Reply Private Reply
#6: AllTheKings'HorsesWontDoIt To: Lod (#2)
I just saw this letter from the National Association of Federally-Insured Credit Unions thanking Rep. Emmer for his bill (they sound worried too):
www.nafcu.org/system/file...%20Support%20Letter_0.pdf
AllTheKings'HorsesWontDoIt posted on 2023-09-15 19:50:46 Reply Private Reply
#7: BTP Holdings To: AllTheKings'HorsesWontDoIt (#5)
You simply need to recall what Andrew Jackson said of the bankers, "You are a den of vipers and thieves and by the Almighty I shall rout you out." ;)
BTP Holdings posted on 2023-09-15 21:00:49 Reply Private Reply
#8: BTP Holdings To: AllTheKings'HorsesWontDoIt (#6)
I read the letter at that link.
The only thing I can say is since when has the FED had anything to do with maximum sustainable employment?
They have shipped most of the jobs out of the country to Mexico and central America and China. ;)
BTP Holdings posted on 2023-09-15 21:10:35 Reply Private Reply
#9: BTP Holdings To: AllTheKings'HorsesWontDoIt (#6)
BTP Holdings posted on 2023-09-16 12:54:46 Reply Private Reply