Posted on 03/13/2025 6:08:11 AM PDT by delta7
The US federal government weaponized the banking system to attack conservatives during the Biden Administration. A Congressional investigation committee released an extremely concerning report in December entitled: “FINANCIAL SURVEILLANCE IN THE UNITED STATES: HOW THE FEDERAL GOVERNMENT WEAPONIZED THE BANK SECRECY ACT TO SPY ON AMERICANS” that details how the US government has been monitoring American citizens through bank transactions, with an emphasis on citizens who have expressed conservative viewpoints. The banks were caught red-handed and now some are expressing their need to change, so long as they are in line with whomever is currently in the White House.
JPMorgan Chase announced that it would be updating its code of conduct after conservative group Alliance Defending Freedom accused the bank of religious discrimination. The bank has updated its “diversity and inclusion” section to prevent discrimination against “religious views” or “political opinion.”
JPMorgan Chase and other major institutions deny calculated debanking practices, but the Congressional investigation proved that banks were instructed to target people holding potential political and religious dissenting views under the Bank Secrecy Act. The Bank Secrecy Act (BSA) E-Filing System is a system for financial institutions to file reports required by the BSA electronically. By law, the BSA requires businesses to keep records and file reports to help prevent and detect money laundering. This is how the Biden Administration is attempting to disregard privacy and weaponize financial institutions.
Banks were instructed to search transactions for keywords such as “Trump” and “MAGA” to look for “domestic terrorists.” We are awarded the right to bear arms under the Second Amendment, but the Biden Administration wanted to know who was purchasing firearms as exercising 2A rights was enough to deem any ordinary citizen “suspicious.” Any American who PURCHASE A BIBLE was considered a person of interest. This is extremely troubling and goes beyond government overreach and violated numerous Constitutional protections.
Title VII of the Civil Rights Act of 1964 protects American citizens from blatant discrimination based on religion. If a bank refused to allow Hindus, Muslims, Jews, or any other religion to access their bank accounts, there would be civil unrest on the streets. The West permits the open persecution of Christians because 1) they do not want nations to have a united identity (i.e., a Christian nation), and 2) Christians tend to vote conservative.
“In sum, by providing financial institutions with lists of people that it views as generally “suspicious” on the front end, the FBI has turned this framework on its head and contravened the Fourth Amendment’s requirements of particularity and probable cause,” the Congressional investigation states.
Donald Trump called out JPMorgan Chase at Davos in January 2024. “I don’t know if the regulators mandated that because of Biden or what, but you and [JP Morgan Chase CEO Jamie Dimon] and everybody, I hope you’re going to open your banks to conservatives, because what you’re doing is wrong,” Trump said at Davos.
Debanking is a worldwide phenomenon of governments weaponizing banking institutions. We saw Trudeau debank protestors among the Canadian trucking convoy movement, for example, and I reported how Britain debanked Nigel Farage for his opposing views.
The UN-backed Net-Zero Banking Alliance aims to punish anyone not adhering to the climate change agenda financially, and over 144 banks have signed on board. I reported that a bullion dealer I personally know suddenly had his credit lines revoked. Governments genuinely believe the people are underpaying taxes by at least 35%. They want to eliminate all financial hedges against government and financially cripple those who do not abide by the agenda.
“ Interim Staff Report of the
Committee on the Judiciary
and the
Select Subcommittee on the Weaponization of the Federal Government
U.S. House of Representatives……”
“Good news for America, but for how long?”
Exactly - when they get threatened again by Democrats, they will buckle, as not doing so would be FAR WORSE for their executives.
Which is exactly why LAWS need to be passed, particularly LAWS enabling large civil judgements against their execs for allowing the government to do this crap.
Christians and Conservatives should start looking for someplace better to do business if they’re talked about like this
Too little, too late.
I already moved my primary checking/savings to Old Glory Bank, Credit card to COIGN having been a USAA banking customer for nearly 40 years, their recent DEI moves - and dropping my Humvee insurance - gave me cause to miove.
Citigroup, Wells Fargo, all the majors, if they would JUST stay in banking and not social engineering (1A, 2A, DEI, CRT) it would help their bottom line.
Illegal discrimination is best handled by a companywide letter from HR telling people that this is bad and if they get caught they are the ones who will be blamed.
I feel like I'm going to throw up - we came so close to the WOKE commies putting us on trains to death camps... yeah, and this IS the lead up crap to that horror. Glad the decent banks are coming forward. Maybe Amazon too...
Blue state pension managers being told to invest more in companies with high ESG "scores" was probably the main factor in ESG being the ugly thing it was.
Looking at the November election results, JP Morgan decides to go with the prevailing winds. This policy will be revised if a Democrat manages to get elected in 2028.
Biden and thugs were the totalitarians...
"But they didn't kill anyone, Frank." Between the lies about COVID and these types of activities by the globalists infesting our government over the last several decades...I'd say they've murdered millions.
“Blue state pension managers being told to invest more in companies with high ESG “scores” was probably the main factor in ESG being the ugly thing it was.”
One of the things that FReepers and other conservatives do is look at the ‘fever’ as the issue rather than the ‘cause’ of the fever (infection). In other words, we see the symptom (fund managers investing in ESG) as the problem when the cause (politicians requiring ESG, as you stated) and then go after the wrong target (the fund managers).
In the vast majority of cases, the fund managers are caught in the middle - they either listen to the public, or the government, and the government has the guns and the DOJ to assure compliance...so they ALWAYS win. Think about it - the fund managers are generally older white guys with wives (who were born women) and kids. Ask them what they think of woke politics, in private, and it will be no different than what most people here think (other than the Europeans).
This applies in many, many, other areas also.
In pencil, in case the Demonicrats get in charge again.
Nice promise. Now make these banks pay very big time for the damage they have done. “I’m sorry and promise to be good.” doesn’t cut it.
You and I think a lot alike. My take is that instead of blaming the businesses for being ESG and alienating customers, and instead of blaming the fund managers of pension funds, blame the politicians in the blue states who push their pension managers to invest in ESG.
I am not sure why people leave money in banks like Chase, BofA, etc.
Regional credit unions and smaller local banks are much better to deal with.
I would put money in Ally (online only) before I would keep any money in these big banks.
We came to the edge but didn’t go over - and part of that reason is our side fought back and part of the reason is a few - very few - democrats like Bill Maher and Jamie Dimon realized what was happening ... well, and Joe Rogan, Elon Musk ( yeah I think Musk WAS a democrat) and some others. Of course Trump fought the bastards off for years but some democrats helped stop the insanity. Jamie Dimon is head of this bank - he and his bank deserve a pass... and some thanks on our part.
They lied before.
Don’t rely on their promises. Ban de-banking for political reasons.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.