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Senate Bill to Force Citizens to Register Cash Not in a Bank, Violators Get 10 Years in Prison
thefreethoughtproject.com ^ | June 17, 2017 | Claire Bernish

Posted on 06/18/2017 12:10:52 PM PDT by lowbridge

A new bill seeks to track your money and assets incessantly, will enjoin any business with government ties to act as a de facto arm of DHS, and would steal all of your assets — including Bitcoin and other cryptocurrencies — should you fail to report funds when traveling with over $10,000.

Under the guise of combating money laundering, Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” ramps up regulation of digital currency and other autocratic financial controls in an attempt to ensure none of your assets can escape one of the State’s most nefarious, despised powers: civil asset forfeiture.

All of this under the farcically broad umbrella of fighting terrorism.

Civil forfeiture grants the government robbery writ large: your cash, property, and assets can be stolen completely sansdue process, your guilt — frequently pertaining to drug ‘crimes’ — matters not.

A court verdict of not guilty doesn’t even guarantee the return of State-thefted property.

In fact, the government can seize virtually whatever it wants if it so much as suspects some of your assets might have been acquired through or used in the commission of even lesser crimes.

(Excerpt) Read more at thefreethoughtproject.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: 115th; banking; bitcoin; cash; civilforfeiture; government; moneylaundering
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1 posted on 06/18/2017 12:10:53 PM PDT by lowbridge
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To: lowbridge

We’re losing the war:

Everytime some Muslim blows something up, we normal Americans lose more civil rights.

Death of the West by a thousand IED’s.


2 posted on 06/18/2017 12:14:30 PM PDT by JPJones (George Washington's Tariffs were Patriotic. Build a Wall and Build a Wall of tariffs.)
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To: lowbridge

Remind me again who has control of congress?

ANYONE voting for this needs to be eliminated in the primary.


3 posted on 06/18/2017 12:17:31 PM PDT by RedStateRocker (Nuke Mecca, deport all illegal aliens, abolish the IRS, DEA and ATF.)
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To: lowbridge

$10,000? what’s that, like 7 or 8 Krugerrands?


4 posted on 06/18/2017 12:18:08 PM PDT by RC one (The 2nd Amendment is a doomsday provision, one designed for those exceptionally rare circumstances)
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To: lowbridge

A small dose of click-bait.


5 posted on 06/18/2017 12:20:05 PM PDT by TexasGator
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To: lowbridge

There should be neither asset seizure nor civil liability (when the underlying complaint is a crime) without first there being a conviction.

That’s should be the minimum restriction of government in these matters. Not the maximum.

If that means bad guy’s money gets away so government cannot lord it over regular folks then so be it.


6 posted on 06/18/2017 12:20:09 PM PDT by Rurudyne (Standup Philosopher)
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To: lowbridge

But they don’t have time to fix healthcare?


7 posted on 06/18/2017 12:20:50 PM PDT by DLfromthedesert
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To: RedStateRocker

The Democrat Party controls Congress. The Republican Party has the most members, but they allow the Democrats call the shots[ Control what Congress does, or doesn’t do]


8 posted on 06/18/2017 12:21:47 PM PDT by sport
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To: RedStateRocker

Actually, the Republicans have introduced a bill limiting most civil asset forfeiture.


9 posted on 06/18/2017 12:21:52 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
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To: lowbridge
So you are hanging onto cash and you want to buy the old school collector car/boat/bike/airplane of your dreams and to make the deal work you plunk down the cash on said vehicle.

So if it is 10g's you are now a freaking criminal?

Do they get why we voted for President Donald J Trump?

Don't touch our stuff, leave us alone, and let us do things for ourselves including buying with cash, we are not the bad guys...

10 posted on 06/18/2017 12:21:54 PM PDT by taildragger (Do you hear the people singing? The Song of Angry Men!....)
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To: lowbridge

Bookmark


11 posted on 06/18/2017 12:22:11 PM PDT by sport
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To: TexasGator

I tried going to the website to find out who is pushing this bill, but I couldn’t get in. The site froze when it was partly loaded, and I had to close it. I don’t know if there’s some kind of bug there, or just one of those things.


12 posted on 06/18/2017 12:22:27 PM PDT by Cicero (Marcus Tullius)
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To: JPJones
Instead of profiling mooselimbs at the airport, we all suffer at the airport.

Instead of monitoring mooselimbs, we all are monitored.

13 posted on 06/18/2017 12:22:46 PM PDT by Captainpaintball (It appears that we no longer wish to keep our Republic, Mr. Franklin...)
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To: lowbridge

Fascism is the current rage in the US.

We all know what will be required to change the outcome


14 posted on 06/18/2017 12:24:01 PM PDT by stockpirate (SETH RICH gave the emails to wkikileaks, murdered he was, cover up it is)
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To: lowbridge

I smell onion here ?


15 posted on 06/18/2017 12:25:13 PM PDT by George from New England (escaped CT in 2006, now living north of Tampa)
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To: lowbridge

We need to start over. Government needs to be cleaned out.


16 posted on 06/18/2017 12:27:35 PM PDT by jeffc (The U.S. media are our enemy)
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To: lowbridge

We have to get a new Speaker.


17 posted on 06/18/2017 12:27:43 PM PDT by Mamzelle
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To: lowbridge
SB1241 was introduced by Sen. Chuck Grassley (GOPe, Iowa) and cosponsored by filthy rats Diane Feinstein and Sheldon Whitehouse, and by GOPe filth John Cornyn.
18 posted on 06/18/2017 12:27:45 PM PDT by NorthMountain (The Democrats ... have lost their grip on reality -DJT)
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To: JPJones

Why do we continue to elect people that see it as their duty, to destroy this country and all that it stands for?

I can understand the Left. They don’t care, for now. Their supporters are sheep with just enough money in their pockets for Starbucks, Whole Foods and craft beer. Not much else.

But, what is the Right thinking? Keep sending back the McCain’s, Ryan’s, Graham’s, McConnell’s, etc, time after time, expecting a different result. Letting these guys so cozy with their corporate masters, that they learn to not give a damn about the people.


19 posted on 06/18/2017 12:28:07 PM PDT by qaz123
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To: lowbridge

Oh no! Congressional Republicans are meeting in secret to eliminate Social Security and Medicare too!


20 posted on 06/18/2017 12:28:27 PM PDT by PIF (They came for me and mine ... now it is your turn ...)
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