Posted on 08/07/2025 4:42:43 AM PDT by george76
“Debanking” seems like something out of paranoid dystopian fiction, but this horrific abuse of government power is already all too real.
We’re almost glad the Biden crew deployed it against then-former-President Donald Trump in 2021: That not only ensures he’s aware of this outrage; it points to how even the powerful are vulnerable.
It’s as simple as it is scary: Government regulators give a quiet nod to financial institutions that certain people or industries are to be “unpersoned,” and pretty soon they get the same treatment as North Korean tyrants, terrorists or drug kingpins: locked out of the financial system, which means social death.
The victim gets turned away at other banks, all with no way to appeal what’s blandly painted as a “business decision.”
Just try life without any ready way to cash checks or pay bills, not even a debit card — nor, if you run a business, a line of credit to pay suppliers and meet payroll.
The abuse apparently began under President Barack Obama, deployed against disfavored businesses such as gun manufacturers on the laughable ground that they posed a “reputational risk”; it expanded under President Joe Biden to hit crypto and tech startups, as well as individuals whose opinions or political activity got labeled “dangerous.”
...
Venture capitalist Marc Andreessen calls it a “privatized sanctions regime”; American victims apparently number in the thousands.
In the wake of the Jan. 6 Capitol riot, Trump was first personally dropped by Chase, then refused service by Bank of America.
And First Lady Melania Trump reports that she and her son Barron were dropped by their bank.
...
Banks have a duty to watch out for criminal abuse of their services, but forcing them to secretly enforce political insiders’ ideological agenda is frighteningly totalitarian.
(Excerpt) Read more at nypost.com ...
Debanking is prelude to the Mark of the Beast.
Life imitating art in the most grotesque way.. Enemy of the State. They must pay a price for this.
its possible because our bank and finance system is highly centralized, socialized and politically-controlled.
Put chief executives of banks who do this IN PRISON. That should take the fun out of it.
Yep. It’s a vile, nasty thing to do to someone...
It rates right up there even higher than insideous property taxes...
Legalized theft and harassment to the nth degree.
Our domestic communists are very good at it and have it down pat.
Let’s not forget asset ‘forfeiture’ (a nicer word than the more correct term of ‘confiscation’.)
BTTT
“its possible because our bank and finance system is highly centralized, socialized and politically-controlled.”
And it is going to get even more so with AI cloud network systems collecting everything in real time from our internet use, TV program choices, Magazine subscription choices, purchase history, Phone conversations, Texts... Everything will be collected in real time and we will be punished accordingly.
“Venture capitalist Marc Andreessen calls it a “privatized sanctions regime”
Ironically Andreessen is one of the big tech cartel voices who wants to incorporate AI into tracking and collecting all the data that will be used against us for the above agenda... He is full of crap, he is right in there with using AI to help banks and/or government do this even more efficiently...
Did I mention how much I hate the democrat party?
Private de-banking ordered by leftist CEOs should also be banned. Republican legislators: are you awake enough to do this?
YES.
This is something which should be illegal. It violates a person’s civil rights.
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