Posted on 03/06/2021 2:55:29 PM PST by SeekAndFind
Last month, Gab CEO Andrew Torba revealed that the New Tech site had been banned from three different banks in the space of three weeks. On Friday in a statement posted online, Torba confirmed that yet another bank had banned the site from its services. “It’s getting to the point where we are seriously considering buying our own bank,” Torba said. “Funny how this started happening right when Biden got into office,” he added.
We were banned from the 4th bank in 4 weeks today. It’s getting to the point where we are seriously considering buying our own bank. I’m not kidding. Funny how this started happening right when Biden got into office.
— Gab.com (@getongab) March 5, 2021
As National File reported, one of the banks had expressly confirmed that they could no longer do business with the New Tech site because of “all the bad things the press has written about Gab,” with media reports claiming that the site is an “alt-right social media network,” a “haven for extremists,” and even suggesting that the site “leads to violence”:
“Gab follows the law and operates a legal business in the United States,” Torba told National File. “We sell hats, shirts, and a software license to our GabPRO service. We have a community that respects law and order. Yet we have banks and other services banning us left and right.”
Torba encouraged anyone who believes in free speech to “seek out Christian banks and local credit unions, and to stop doing business with banks that do not share or support American values.” He argued that it won’t be long before “churches, businesses, and individuals who refuse the woke orthodoxy of critical theory that has consumed every corner of our culture” will also be refused service by banks.
“We must proactively cancel them all before they cancel us,” Torba concluded. The banks are not the first financial service to have rejected and “cancelled” Gab – in 2018, PayPal terminated their relationship with the free speech social network.
National File contacted Gab for comment on this story, and will update this article if there is a response.
Communism in America.
It would be nice if the 3 banks were named, so that depositors could move their accounts elsewhere.
There is clearly a huge business opportunity for a wealthy conservative to open a financial institution that will deal with conservative individuals, businesses and groups. It would appear that they have that field all to themselves. Same with tech. 75 million potential customers.
Conservatives don’t believe in boycotts ever listen to the that wannabe Bruce Lee on radio Sean Hannity?
He could hire two experienced small bank presidents and start his own bank. I’ve invested in two bank startups, they paid off yoouge.
Before I was born, my grandfather was a founding member of a small credit union. I think he was on the original board.
It’s still in existence. I have a two digit account number which elicits a “Whoa” on the few occasions I still go there.
Here’s the funny part. One grandfather was CFO for a automotive supplier. I knew one of my grandfathers helped start the bank and always thought it was him.
I found out just a few years ago it was actually my other grandfather, the appliance repairman.
We were banned from the 4th bank in 4 weeks today. It’s getting to the point where we are seriously considering buying our own bank. I’m not kidding. Funny how this started happening right when Biden got into office.
— Gab.com (@getongab)
I saw a report just a few days ago that said biden had revamped obama’s “operation choke point” and was planning to crank it up again.
This sounds just like it, biden just added conservative docial media to the existing list of targeted businesses, pawn shops, gun stores and payday poan operations. Presdure their bank to shut down their account, you shut down the business.
I know of a former politician who should be looking really close at this, and he probably has the money and connections to start a bank that will support conservatives. I bet nobody can guess who that would be...hehe
Along the same lines, he might know someone with banking experience who might be willing to experiment with it. Probably more likely than doing it himself.
Best bet would be to go for a state charter from one of the free states. Good luck getting FDIC approval, though.
If anyone is interested, the First Fidelity Bank of Meatspace is now open.
Our motto, “Here, we will put your cash right here, under the couch or in the Ice box.”
The problem is that the communists have a monopoly on everything. Suppose you start maga bank. Who is going to host the website? I’m guessing that there are probably lots of other business partner that you need that’ll also refuse to work with you.
Probably the better thing to do is sue them on 14th amendment grounds. This is Jim Crow by any other name.
One of the first things fascist societies do is “unperson” people that they consider enemies.
“Funny how this started happening right when Biden got into office.”
Nah, nothing funny about it. The lefturds had this all planned out. It started with a stolen election.
Not that simple. Ok, you own a bank. Now you have to deal with bank regulators, FDIC, Federal Reserve, etc..
You think each of Gab's banks decided independently to "go woke"? No, they each were leaned on, one after the other, by the same Deep State regulators.
^ ^
this one does, I moved my accounts from b of a to a local credit union after the crap they pulled on 1/6
Trump Bank
I saw a report just a few days ago that said biden had revamped obama’s “operation choke point” and was planning to crank it up again.
This sounds just like it, biden just added conservative docial media to the existing list of targeted businesses, pawn shops, gun stores and payday poan operations. Presdure their bank to shut down their account, you shut down the business.
—
Two can play at this game. Gun stores should stop doing business with any Dem cities. Ban any Dem voter from the store.
Wow that’s a blast from the past I had savings account #10 at the local bank where I grew up. I was given it because that’s how old I was when with the help of my father I opened it
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