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US Treasury Department Seeks to Track Financial Transactions of Personal Bank Accounts Over $600: The Biden Administration plans on taking unprecedented looks at individual's bank accounts.
NOQ Report ^ | 09/15/2021 | Peter Jacobsen

Posted on 09/15/2021 8:08:24 AM PDT by SeekAndFind

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To: E. Pluribus Unum

https://www.cuna.org/content/cuna/cuna-org/advocacy/actions/grassroot-action-center.html


61 posted on 09/15/2021 10:45:34 AM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
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To: rlmorel

no problem- enjoyed reading through it- it is very disheartening what is going on- and you nailed what is happening- in a way not too many people realize- There is a systematic, carefully planned out hostile takeover of this country by marxist leaders hell bent on destroying everything we stand for, as we speak-

It’s so bad that traitors like gen milley are not tried for blatant treason (or even, at the very least, investigated for the treasonous claims he made, according to woodward), but are elevated by the left and protected-

That Violent domestic terrorist groups antifa and blm that have caused billions in damages, assaulted people violently, killed people even, while cops are told to stand down and do nothing-

while peaceful protestors who were escorted through the capitol building by armed cops, and who, at worst, broke some windows- and perhaps fought back to defend themselves when they were attacked, are treated like domestic terrorists

there is an extremely evil wind blowing by the left- and far too many people accept it willingly -

This is a far cry from the country I grew up in (I tuned in to see the music awards the other night as i hadn’t seen any music videos in a couple of decades, and wondered what them Music was like today- Holy Cow!~ I had to turn it off- it was absolutely vile, immoral and disgusting- nothing but not so soft pron- gay sex acts, demonic symbols, near naked women- and the biggest applause of the evening was when the crowd lit up with excitement and glee for the singer who simulated homosexual sex with Satan~ They were reveling in his homosexual music act- I was just dumbfounded how low MTV has gone- and how eagerly and gleefully the people accept it-

ok enough of that- It was just shocking to see what kids are watching these days- We’ve gone from controversial Elvis to signers who now simulate homosexual sex with Satan in front of adoring fans who were grinning ear to ear when the singer took the stage-

Thankfully though we still have a large remnant of believes left- Perhaps God won’t turn His face from us-


62 posted on 09/15/2021 10:55:04 AM PDT by Bob434
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To: Magnum44

Correct. We already do so much digitally. So why do they need this $600 per transaction tracking system? You keep a stash of emergency cash, what happens if say you need to use it. Say an emergency car repair, you pay the bill...guess what there is a good chance it will get tracked or your repair shop won’t take your cash because it will trigger things, so you have to deposit it. Now the government questions is that cash deposit taxable?

Because they don’t believe everything deposited is being properly accounted for. And reality as far as they are concerned...it isn’t counted unless they themselves can track it into the right ‘bucket.’

They say they are about 1.5 years out from introducing the digital dollar. Well along with the new currency will come tracking.


63 posted on 09/15/2021 11:02:06 AM PDT by EBH (Never trust the government or a politician . 1776-2021 May God Save Us.)
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To: SeekAndFind

I guess it’s safe to assume that Congress their friends and families are exempt...silly question..


64 posted on 09/15/2021 11:07:04 AM PDT by AFret.
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To: Magnum44; EBH; rlmorel

the point is like rlmoral pointed out, if it’s all digital, they can ‘find a crime’ at will- Yes, lots of folks bank digitally, pay bills digitally etc- but it’s a very slippery slope- Under a Rogue leadership anyone who doesn’t comply with the marxist agenda can be ‘investigated and indicted’ by a powerful government with loads of $$ to financially cripple the person even if they’ve done nothing wrong- with a cash society, not monitored, it’s harder for the government to accuse- because there are no records of transactions

AS lot of folks still pay with money- but the left want everything digital- or near everything- for the purpose of control- They can see who you pay- when you pay them etc- ad if transfers are going to conservative causes or businesses that they don’t approve of, they will punish the person for it- it’s already happening-

it’s just that the m ore digital they make things, the more they can control and punish- even when the person has done nothing wrong-

Eventually, if you don’t take the mark and bow down, your accounts will be locked or worse, you’ll be investigated and financially crippled and your cards will be cancelled- Course they won’t be able to stop physical money transactions-

EBH brings up some very good points too- it’s all about control and punishment-


65 posted on 09/15/2021 11:08:27 AM PDT by Bob434
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To: SeekAndFind

“They are only doing this because they care about people like me.” — Democrat Voters


66 posted on 09/15/2021 11:09:34 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: rlmorel
Giving the Government legal carte blanche to comb over your personal, travel, financial, posting, surfing, sexual, educational, professional, employment, entertainment, or any other history with a fine tooth comb and compare it every law in the Federal Register to look for violations (something I am certain they can do with AI now or in the near future) and prosecute at their pleasure.

That's it. They aren't going to prosecute many or even most - just the ones who are or threaten to become politically inconvenient.

I suspect they already are doing this today at a higher level. Threats of Tom Delay/Steve Stockman-style malicious prosecutions are what has turned 90% of the GOP into RINO milquetoasts.

67 posted on 09/15/2021 11:13:38 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: rlmorel

“But when ordinary people, unknowing people, uneducated people, intellectually lazy people, or ideologically driven people at all levels and classes will willingly accept a yoke thinking it is going to be an improvement...well, THAT is what really frightens me.”

Well said, my FRiend! They are being seduced by all the FRee stuff!

FReedom is not their issue — FRee stuff is!


68 posted on 09/15/2021 11:19:47 AM PDT by Taxman (SAVE AMERICA!)
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To: rlmorel

You know Pelosi would impeach Donald Trump a 3rd time over any transgression as she sees it.


69 posted on 09/15/2021 11:31:33 AM PDT by minnesota_bound (I need more money. )
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To: Bob434

Y’all, this is how a one world government will control the buying and selling of every individual on this planet.
This was all foretold by the one,true, living God, Jesus about 2000yrs ago in the book of The Revelation of Jesus in ch13.
Things are falling into place for the closing of this age and the ushering in of Jesus’ kingdom. Check out the prophesy in Daniel ch 2. That stone cut out with out human hands that destroys the statue and grows into a mountain that covers the whole earth is Jesus’ kingdom that will never end.

Now we must warn people and present the gospel like never before to save as many as we can from the coming judgment on the earth.
And it won’t be long in coming.


70 posted on 09/15/2021 11:56:34 AM PDT by coincheck (Salvation is for today, not tomorrow, you might not make it that far.....)
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To: proust

Biden is a criminal who hides his money. he probably has a good idea how much people living in poverty under report cash gifts given by family members.


71 posted on 09/15/2021 12:07:20 PM PDT by PCPOET7 (`)
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To: Lurkinanloomin; Dan in Wichita; magna carta; E. Pluribus Unum
 
 
Message from a local bank - more resources to resist with -
 
 
 
 

72 posted on 09/15/2021 12:16:11 PM PDT by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
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To: Alas Babylon!
"Okay, so how do we stop this?"

😀😁😂😂🤣🤣😃😅😏

A more realistic question (Yours was the one needed in the 1950's nd 1960's) is: "Okay, so how do we best obey our communist masters and accept this?"

73 posted on 09/15/2021 12:20:22 PM PDT by SuperLuminal (Where is another Sam Adams now that we desperately need him?)
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To: Little Ray
No offense, but quotes from other people, including dad's aren't facts.

I know what the theory is. Corporations pass on their taxes through higher prices.

Guess what. Corporations don't write off their federal income taxes. If they raise their price, they increase their taxable income (profit), VIOLA! more profit = more tax.

74 posted on 09/15/2021 12:58:33 PM PDT by lewislynn ( Thank you Fox news for saving us from Trump < /sarcasm >)
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To: lewislynn

Corporations pass all the expenses on to customers. Taxes go up, prices go up. They’re collecting taxes for the Feds from their customers.


75 posted on 09/15/2021 1:14:41 PM PDT by Little Ray (Civilization runs on a narrow margin. What sustains it is not magic, but hard work. )
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To: Blennos
Do they really mean $600 and not $600k? This seems absurd.
Using the excuse of money laundering from drugs, years ago they made the transaction $10,000. Any transaction $10k or more the institution was required to report it.

All they're doing is making the reportable transaction $600.00 instead of $10K.

76 posted on 09/15/2021 1:45:51 PM PDT by lewislynn ( Thank you Fox news for saving us from Trump < /sarcasm >)
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To: rlmorel

GREAT post, RL!


77 posted on 09/15/2021 3:44:58 PM PDT by Alas Babylon! ("You, the American people, are my only special interest." --President Donald J. Trump)
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To: lewislynn

this is about going after the underground economy that goes on with people that live on the fringe...this has nothing to do with drug money it has more to do with the person who has a Grauge sale or some other small transaction that makes them money not reporting the income


78 posted on 09/15/2021 4:17:13 PM PDT by PCPOET7 (`)
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To: rlmorel

That’s a very well-written and thought out post.

While things look bleak, and for perfectly sensible reasons,

There’s an angle nobody has considered.

Real America saves the world because the Can-Do People... can-do.

Something so shocking, that kings will shut their mouths...


79 posted on 09/15/2021 5:28:57 PM PDT by Ezekiel ("Come fly with US". Ingenuity-- because the Son of David begins with Mars.)
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To: PCPOET7
this is about going after the underground economy that goes on with people that live on the fringe...this has nothing to do with drug money it has more to do with the person who has a Grauge sale or some other small transaction that makes them money not reporting the income
It has to do with $600.00 transactions. You're the only one to specify where the money comes from.

If you have a $10k transaction TODAY it gets reported. No one at the bank asks where you got the money.

The reason for the law was because of drug money laundering.

80 posted on 09/15/2021 10:11:05 PM PDT by lewislynn ( Thank you Fox news for saving us from Trump < /sarcasm >)
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