Free Republic

A US Representative is urging his colleagues to join him in implementing a nationwide US ban on cryptocurrencies. This cryptocurrency-averse stance comes as the Representative fears that cryptocurrency could replace the US dollar if not immediately curbed. Sherman: ”Cryptocurrencies are only useful for criminals” Specifically, the Congressman in question is the notoriously Bitcoin-averse California Democrat Representative Brad Sherman (D). He made these recent comments during a meeting of the House Financial Services Committee on May 9th. Sherman argued that a US ban on cryptocurrencies is necessary in order to counter, what Sherman claims, are cryptocurrency-specific hazardous effects. Moreover, Sherman made...

China’s currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it’s signaling that things aren’t going well. The question is whether that signal is intentional, and whether Chinese officials will step in to prevent the yuan from reaching a key psychological low of 7 to the dollar. That level has become a line in the sand for markets around the world, and if broken, it could trigger a negative reaction in risk markets globally, as investors move to price in a bigger economic impact from a longer, more contentious trade war. The yuan has...

Activists have successfully forced Mastercard to hold a vote by shareholders on a proposal which, if passed, could see the company monitoring payments to global far-right political leaders and white supremacist groups. The proposal aims to see Mastercard establish an internal “human rights committee” that would stop designated white supremacist groups and anti-Islam activists, such as Tommy Robinson, from getting access to money sent from donors using the company’s card payment services. It’s been conceived by US-based political activists SumOfUs, who want to escalate the battle against white supremacists and far-right groups from tech platforms like Facebook, Google, Twitter, Patreon,...

Man’s Chase Payment Processing Shut Down, Suspects Political Targeting of Provocative Conservative Merchandising Chase Bank Unable to Produce Reason for Account Termination Chase Corporate Global Media Relations: “Chase is not involved with any like, you know, alt-right people” Other Conservative Voices and Chase Bank Customers Also ‘Debanked’ Recently UPDATE: Chase Bank Communications Officer Patricia Wexler responded to this report, saying: “We do not close accounts due to political affiliation. Despite what was described in the video, that was NOT someone from Global Corporate Media Relations. As I’m sure you can appreciate, I’m not able to share any personal details on...

“I came out of Penn and I was signed to a one-year, $1.2 million contract,” said the 27-year-old Copeland. However, following a severe injury, “I probably really only saw maybe $25,000 to $35,000 of those dollars before being released by the team.” Since then, Copeland says he’s learned to live on less. In fact, he said, he spends only about 10% to 15% of his income. “I’m not too flashy; I don’t need a lot.” “I realized that I have it backwards,” he said of his early days in the league. “I need to be maximizing every single day I...

Freepers, whenever I have needed wisdom and great help ya'll have always come through! I'm hoping ya'll can help a dear friend of mine who is 15 days away from closing on her house when an issue arose. Bottom line is they need a letter from Chase Mortgage certifying their house/credit is in good standing to sell, but they are refusing because they are saying they have 2 mortgages on their house-but they don't. Even their credit checks stipulate one outstanding loan and it shows them in good credit. Apparently back in 2004 they refinanced their mortgage, they used the...

Recently, non-government organization Truth in Accounting published a report about the financial condition of the 75 largest cities of America.  As it turns out, 63 out of 75 cities in America were not able to pay bills at the end of the fiscal year of 2017. The final result of this study was the calculation of the burden borne by taxpayers in these American cities.  The formula is simple: the financial balance of the city (positive or negative) is divided by the number of inhabitants.  The result is a good assessment of how effectively the city authorities work, depending on the positive...

Well hello there, how ya doin’ campers? I’m Bruce Williams. For nearly 40 years, Mr. Williams was a voice on the airwaves. He connected strangers - before talk radio pandered to them, before cable news divided them and before the internet poisoned them. Mr. Williams, 86, died Feb. 9 following a stroke two months before. He lived in New Port Richey. The Radio Hall of Famer delivered his last broadcast on March 29, 2013. Manitowoc, Wisconsin, hello there. Hello Bruce, this is Mike. Hey Mike, what’s on your mind? Well, pleasure to speak with you and something I always...

Rep. Maxine Waters, D-Calif., has a habit of redoubling her efforts when her ideas fail. That’s especially true given that she now chairs the House Financial Services Committee. One of her top priorities is bullying banks into boosting mortgage lending to marginally qualified borrowers based on race or ethnicity. And her main vehicle for that now is a proposed subcommittee on diversity and inclusion. In a prepared statement on January 30, she declared, “I am proud to say that this will be the first Subcommittee of its kind in Congress.” One hopes it will be the last. For if she...

Anyone can become rich if they know the right steps to take. But if you possess a certain set of characteristics, you may be more likely to become wealthy, according to Sarah Stanley Fallaw, director of research for the Affluent Market Institute. She co-authored “The Next Millionaire Next Door: Enduring Strategies for Building Wealth,” in which she surveyed more than 600 millionaires in America. To identify characteristics most predictive of net worth, Stanley Fallaw conducted two studies that included a group of individuals with a net worth ranging from $100,000 to $1 million and a group of high- and ultra-high-net-worth...

I AM testing the Lamp stands for The Menorah of My Love in that as I release to My vineyard's Messengers reguardless of the message, will there be love or ridicule? For Truly as My Spirit sees all they do even behind closed doors, My Light reveals their True Hearts for My Sheep and so in this manner I shall Bless or remove their Lampstands in this Valley of decision for I AM Lord alone and all those that lord over My messengers shall meet My all consuming Fire . . .🔥 "An Unshakable Kingdom" Hebrews 12:26 At that time...

Can you imagine how scary it would be to live in a world where your livelihood depended on having the ‘correct’ politics? It’s the sort of thing you might expect of totalitarian regimes – Baathist Iraq under Saddam Hussain; everywhere that has ever tried communism; increasingly, Xi’s panopticon China – but definitely not of any liberal democracy in the 21st century. That dystopian future, though, may be much closer than you think. I only properly appreciated this recently when the podcast I’ve been doing for the last few years was mysteriously dropped by my regular employer, forcing me to seek...

Dear American: Pursuant to your request, I will attempt to clear up questions you have about the Federal Reserve Bank (FED). I spent much time researching the FED and these are the shocking and revealing conclusions. Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof. Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value. The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per...

Recently, I was elected treasurer of my local SAR chapter, the older male equivalent of the far better known Daughters of the American Revolution.Thus, I was appalled to learn what a partly rate of interest our existing bank paid on a recently matured CD (0.06%!) and refused to renew it, asking them to deposit it into our checking account instead.Accordingly, I am now actually shopping for another bank our credit union willing to offer a fine, patriotic organization such as our better rates and service. My retirement money, for example, is with Charles Schwab, where I can earn 2.3% (annualized)...

FULL TITLE: New York Times Wants To Have Credit Card Companies Monitor Sales Of Guns And Ammo. What Could Ever Go Wrong? The New York Times ran an article today that opens a new front in the progressive dream of restricting and eventually banning gun ownership. The story is headlined How Banks Unwittingly Finance Mass Shootings: A New York Times examination of mass shootings since the Virginia Tech attack in 2007 reveals how credit cards have become a crucial part of the planning of these massacres. There have been 13 shootings that killed 10 or more people in the last...

(snip) - Everything you need to know about the tentacles of multinational corporations and banks can be found in the following reality: The U.S. economy is in a period of unprecedented growth Â….. and also, the U.S. stock market is losing ground. Wall Street versus Main Street Bottom Line: U.S. companies who have actual connection to a growing U.S. economy can succeed; based on the advantages of the new economic environment and MAGA policy, specifically in the areas of manufacturing, trade and the ancillary benefactors. Meanwhile U.S. investment assets (multinational investment portfolios) that are disconnected from the actual results of...

Trump-haters hoping the president’s former personal attorney, Michael Cohen, will provide the evidence needed to impeach the president and perhaps even “lock him up” are likely headed for a bitter disappointment. The Cohen guilty pleas are likely irrelevant to the fate of President Trump. That’s because in my judgment – as someone who served for two years as a member of the Federal Election Commission – the campaign finance law violations Cohen pleaded guilty to committing, allegedly at Donald Trump’s direction, aren’t really violations. If I’m right – that is, if Cohen didn’t really violate campaign finance law, despite his...

Before I show you what I’ve learned about a plan to seize control of America’s money, let me make one point clear…If you value sound money and political freedom… if you value limited government and taxation with representation… and if you value enterprise and privacy… then you’re going to hate the future I’m about to describe.There is no philosophical or monetary middle ground on the issue.You’re either with it or against it.The Chicago PlanIn March 1933, Henry Morgenthau Jr., chairman of the Federal Farm Board, was sent a short memo titled, “Memorandum on Banking Reform.”It was signed by Frank Knight...

German conservative Manfred Weber, who is running to take over the European Union’s top job next year, said on Monday that turning the European bailout fund (ESM) into a European Monetary Fund (EMF) should be a priority. […] “The political picture behind that is that in the last eurozone crisis, we asked for the IMF’s (International Monetary Fund) help. Barack Obama was the president then, so partnership was possible. In future crises, which we can’t exclude happening, I as a European don’t want to be dependent on the White House.” …

Bank to Pay Total Penalties of more than $1.3 Billion as part of Resolution with Federal and State Prosecutors and Regulators Geoffrey S. Berman, the United States Attorney for the Southern District of New York, James D. Robnett, the Special Agent in Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation (“IRS-CI”), and Mark Bialek, Inspector General, Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (“IG-FRB/CFPB”), announced criminal charges against Société Générale S.A. (“SG” or the “Bank”) consisting of a one-count felony information charging SG with conspiring to violate...