So should we be pulling cash out right now or is that me just panicking?

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[–] 152 points 3 months ago

Next: Anybody I don't like is an illegal immigrant.

Which step of the Nazi plan was debanking the Jews?

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  • [–] 108 points 3 months ago (1 child)

    Ah, so they're working on new ways to ruin the lives of anyone who protests ICE.

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  • [–] 44 points 3 months ago (1 child)

    Eh, well, despite the narrative that protestors are lazy and wealthy, most of us take a loss to get the day off to protest. Freezing my over-drawn account is not the worst thing to happen to me. By all means, make capitalism impossible, we’ll just be forced to barter and trade.

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  • [–] 16 points 3 months ago (2 children)

    Just want to point out that they are adding friction to commerce or making it "impossible" as you say for some people, but that isn't making capitalism impossible. Corporate Authoritarianism is basically the logical outcome of capitalism and we are there now.

    Too many people conflate capitalism with commerce. You can totally have a different system and still have a similar type of commerce that we know today.

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  • [–] 5 points 3 months ago (1 child)

    Corporate Authoritarianism is basically the logical outcome of capitalism

    It’s funny (as in not at all) because I said the same thing a few years back and people thought I was crazy

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  • [–] 6 points 3 months ago

    The best way to demonstrate this is by playing Monopoly with a competitive family and not insisting to play strictly by the rulebook. The winners (capitalists) will invent all sorts of ways to keep the game dragging on while still inflicting financial pain on the other players. They will loan money at ridiculous rates, they will buy stuff off people out of turn so they can remain solvent, they will let them have just enough money to collect $200 by passing go, but not enough money to ever exit the game.

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  • [–] 74 points 3 months ago (1 child)

    Sounds like something that would trigger a run on the banks.

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    [–] 71 points 3 months ago

    Are they going to freeze Walmart's accounts if they find a single illegal immigrant working there? or just the immigrant bank account with peanuts they use to send some money to family back in wherever?

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  • [–] 50 points 3 months ago (1 child)

    Remember in The Handmaid's Tale when all women suddenly lost access to bank accounts?

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  • [–] 28 points 3 months ago (6 children)

    Bit of a click-baity headline (though not your fault OP).

    The sub-heading is clearer:

    President Donald Trump has signed an executive order directing the Treasury Department to shut down bank accounts used to support illegal immigration.

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  • [–] [S] 117 points 3 months ago (1 child)

    I just dont trust this administration to honestly go within those parameters. Suddenly anyone he doesnt like is an illegal immigrant.

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  • [–] 71 points 3 months ago (1 child)

    Worse. If, for example, I, born and raised in the US and white as fuck, use a bank account to pay for Mexican food, and that business gets targeted by ICE because their racist pieces of shit, they could decide to close my bank account. They could say I was supporting illegal immigration.

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  • [–] 11 points 3 months ago (6 children)

    Yes. But you don't even have to buy the Mexican food. There are infinitely many scenarios they can come up with for liberals to keep justifying the line moving.

    These types of "reasons" are not the fascist "finding loopholes". It's just a means of keeping the illusion of the systems still operating. If the system is still operating then "we can take it back". It's for liberals to believe that if they were tarkets that they could "justice" their way out. That maybe they'll even be protected by their white privilege.

    Fascist don't let you take it back using the system. When the midterms don't go well. We'll have liberals continue to fight to "fix the system". We'll get "justice for the voters" and lawsuits that go nowhere. We'll get a couple well intentioned politicians that speak out against the fascist. Allowed to speak only so long as they are needed to maintain the illusion of a fight. Spending the next two years moving the line with each step so we can pretend the system is still saveable.

    Buy your Mexican food. If you're a target it won't matter what reason they use to justify taking you. Better than getting your lunch at a corporation that supports this.

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  • [–] 45 points 3 months ago (2 children)

    Tomorrow: "President Trump accuses the Democratic Party of being in support of illegal immigration, attempts to shut down the bank accounts of all members."

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  • [–] 30 points 3 months ago* (1 child)

    So if I am in support of immigration is my bank account going to be taken?

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    [–] 26 points 3 months ago (1 child)

    So, he couldn’t get his $1.8b slush fund, so he’s creatively forming a pretext to financially kneecap his enemies and likely siphon off a ton of money while doing it.

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  • [–] 24 points 3 months ago (1 child)

    Lol! Weren't they all screaming about Canada being a fascist dictatorship for being able to do this, not too long ago? I wonder if they'll see the irony, or at least recognize the parallels here.

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  • [–] 21 points 3 months ago

    Reactionaries don't make arguments based in what they believe, they do it to win. They literally couldn't care less about what is true, they say what is useful to believe to win the argument.

    And pointing out their hypocrisy is a game to them; they love the fact that they're free to make up the rules as they go, unbeholden to their previous stance. Pissing people off is half the point of arguing for them.

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  • [–] 22 points 3 months ago (2 children)

    I might start putting my cash into something that store its value and can be readily traded like I dunno cigarettes, firearms, salt.

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    [–] 21 points 3 months ago

    So is money free speech or not?

    (Yes, I know, the real answer is it depends on whose money and how much of it is in the unmarked envelope)

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  • [–] 20 points 3 months ago

    Stealing people's entire savings and closing their bank accounts is how people get radicalized and when you have nothing to lose, you have no limits.

    This will backfire for sure.

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  • [–] 18 points 3 months ago (1 child)

    Dang, Trump is speed running the end of American Empire. Avast, ye swabs, the US dollar is about to go belly up.

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  • [–] 18 points 3 months ago (3 children)

    I've been saying for years that the next big thing will be a bank run.

    Hasn't been one in a while. Under utilized panic option. They'll make it happen soon enough.

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    [–] 17 points 3 months ago

    Melania at the ATM tomorrow: Why my card no work?

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  • [–] 16 points 3 months ago

    Trump admin seems to have about 1 scam per week, so this must be the pump and dump for cypto scam for this week.

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  • [–] 15 points 3 months ago

    So the bank accounts of nearly every farmer in the USA?

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  • [–] 14 points 3 months ago

    Wouldn't someone they're attempting to denaturalize be a valid target of that description?

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  • [–] 14 points 3 months ago

    So Western Union and Cash App etc will need to be shut down?

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  • [–] 14 points 3 months ago (3 children)

    Always wanted a reason to get a fake identity. Just never really motivated to do the work. Until now.

    Or. I could Open a Canadian bank account. Could do that instead.

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    [–] 12 points 3 months ago*

    Mmmmmm I love living at the beginning of The Handmaid’s Tale.

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  • [–] 11 points 3 months ago

    Let’s pull some money out to buy some gold and silver just to be safe than sorry

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  • [–] 11 points 3 months ago

    So. All they have to do is say that they suspect you of a crime, then they get to seize your bank account. It doesn't even have to matter whether they think it's true or not, as long as they say that they think it's true.

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  • [–] 10 points 3 months ago*

    Wouldn't be surprised if he accuses members of congress and governors to be supporting immigration, such as Ilhan Omar. Thus, stripping them of wealth and trying to force his enemies to go with whatever he wants.

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  • [–] 9 points 3 months ago (3 children)

    Okay... let's go ahead and assume that, for the sake of worst case scenario planning, there is a real risk of this being used against people who have protested ICE, donated to bail funds for anti-ICE protestors, donated to immigrant solidarity funds, etc., as well as against their loved ones.

    What is the best move for Americans in this scenario to protect themselves? Are foreign bank accounts a safe option? If so, what would the best move be? If not, what other good moves are there?

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  • [–] 20 points 3 months ago (1 child)

    My guess is, since businesses seem to have more rights and privileges than people, open an llc in Delaware and use the business account to donate. On one hand the business taking a fall could set a precedent we'd all benefit from. On the other, you can use it as a tax deduction.

    I don't know what I'm talking about, don't take this seriously.

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  • [–] 8 points 3 months ago

    So I currently owe the bank $70 can he shut down my account

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  • [–] 5 points 3 months ago

    Should he shut down world liberty financial? Pretty sure they use crypto.

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