Guilty of “wrong think”? Your bank might just close your account and others may not take you
If the left gets its way, you could end up getting your bank account closed if the wrong people get wind of your politics. Social media has already worked its way down the conservative ranks; however, this is not the only place where conservatives are being shut out. Americans have already seen their bank accounts closed. For example, Andew Torba, CEO of Gab, found this out as he built his own social media sight, GAB, and refused to play by big tech’s “rules”.
This is nothing new. The Chinese have mastered and implemented this concept to control its population. One of the names for this concept is the “social credit system”. Everyone is assigned “points” for their conduct. They could gain points, or they could lose points. If they lose too many points, they could be shut from their important accounts.
From The Daily Signal:
In the latest example, Chase Bank reportedly planned to close the credit card account of former national security adviser Michael Flynn on Sept. 18, stating that “continuing the relationship creates possible reputational risk to our company.” While as of Aug. 31, a Chase spokesperson said that they had “made an error and apologized for any inconvenience caused,” the initial gesture can’t be ignored.
This comes just a couple months after Wells Fargo made the “business decision” to close 2020 Republican Delaware Senate candidate Lauren Witzke’s account. Two of the more prominent digital payment services, PayPal and Stripe, have also become active cancel culture participants.
PayPal has admitted to closing accounts flagged by the Southern Poverty Law Center in 2019, now, PayPal has announced a partnership with the left-leaning Anti-Defamation League to focus on “further uncovering and disrupting the financial pipelines that support extremist and hate movements.”
In their joint statement, neither PaylPal nor the Anti-Defamation League explicitly define what they mean by extremist and hate movements, but it would be naïve to think that mainstream conservatives will escape the crosshairs of this new partnership.
Following the Jan. 6 Capitol riot, Stripe stopped payment processing services for the Trump campaign’s website and online fundraising efforts, as well as for individuals who had been present at the protest-turned-riot.
Conservative organizations and individuals have been censored by these digital payment and financial service companies not because of what they say on these platforms, but because of who they are. These woke institutions are replacing financial credit with social credit.
If you do an internet search on China’s social credit system, you’ll get an insight of what the left wishes to accomplish here. The Daily Signal has the article here. Andrew Torba posted about the social credit system on his blog.
Category: "The Floggings Will Continue Until Morale Improves", Liberals suck
Totalitarianism, it’s okay when commies do it or something!
Their next step will be to outlaw cash transactions. Your funds will be downloaded onto your grubermint issued smart phone. China been tracking folks that way for years now. “we know what is best for you citizen, MOVE ALONG!”
I’ve used the same Member owned Credit Union for 96.69% of all my banking since ’75. Don’t do Pay Pal, do have a Credit Union issued debit and Visa Card. What little I put on that Visa is paid every month when it comes do. And I usually only use it for in person, big ticket purchases for the security that my credit union provides. 0 online banking for this Gun Bunny. Oh, and my cell phone is a flipper, Beam me up Scotty design. Makes and receives phone calls quite well Thank you very much.
About 2 years ago I was in a Verizon store getting my wife a new case for her phone. I wandered over to the flip phones and asked the sales associate, “How many people do you have that come in and DOWNGRADE their phone from a smart phone to one of these?”
She said, “You’d be surprised…a LOT of people have gotten rid of their flip phones.” I’m about to do the same.
Da, comrade, is whole plan for power… er, “social justice”… you know!
Same here. Everything is paid in cash. I pay rent with a money order. Only use the debit card for the ATM.
It’s good to see another just like me. 👍
This is why there are so many commercials about buying gold/silver.
Go back to cash, or trading Military Special brand liquor!
No need for a bank account then😁
What would you get in trade for Military Special? I’ve never been hard up enough to drink it. And this is coming from someone who was not above drinking Busch or Colt 45 when money was tight.
You are a BAD BAD Person!!!!!
I just (almost literally) threw up in my mouth a little.
https://www.reddit.com/r/navy/comments/doj3ls/any_of_you_actually_try_that_military_special/
Some of the military special isn’t all bad, some is like used paint thinner. Depends what your drinking with it, as shots, not. As a mixer maybe.
Military Special Liquor smells and tastes like something you would use to strip paint or acrylic floor polish!
Soju!
Aye-goo Adashi, NUMBER HANA Jinro Soju!!! My liver still shivers at the mention of that demon juice.
I doubt this disease will ever infect NFCU or USAA.
You would hope. Then again, I recall a USAA splash on their login page bragging about their $50 million donation to “racial justice” or some shit like that.
After the “Mandatory Extremism Training” last year, anything is possible. Even at Navy Federal.
It’s not just financial services, they will deny you medical services too.
https://www.foxnews.com/media/candace-owens-denied-medical-treatment-colorado-lab-cancels-covid-test-appointment.amp
Before Hack posts, he just wants to confirm that refusing to bake a cake for a same sex marriage is bad, but refusing to provide services to someone based on their political beliefs is good. Does Hack have that right?
Both decisions are morally neutral. Both the baker and the financial service provider are exercising their freedoms. If their decisions don’t affect you or me, then it’s none of our business what they do.
Hack referenced a medical situation, not a financial one. Huge dif.
Welcome to minarchist capitalism. If I don’t want your business, I can refuse you.
If I’m a baker and I don’t want to bake a cake for you, I can say no. If I’m a financial institution and don’t want to loan you money, I can say no.
Don’t like the decisions that captains of industry make? Get your resources together and start an alternative. Or go Galt and get off the grid. Learn minarchy and the Mutualist economic system.
That’s a very shallow view of one situation that clearly has more nuance and another situation where I’ve once again had my taxpayer dollars go to bail out institutions now trying to strip service away.
You also damn well know that there’s enough collusion happening right now to quash competition into some fields.
In a minarchist society, businesses would not receive taxpayer money at all.
Insofar as collusion is concerned, that’s part of economic freedom. If you can’t keep up, tough shit. Buy stock and make your voice heard at the next stockholders’ meeting. Big business and the State have been colluding for decades. That’s the very definition of fascism, btw. Reduce the State to a night-watchman role, get money out of politics, and we will be MUCH better off.
My dad taught me- use the credit card for hotel and airfare, pay cash for everything else. I laugh at people charging a cup of coffee or lotto tickets. These fools are paying 20% interest and are probably broke. The big banks laugh at them too, as they take their money. p.s. I also have a flip phone.
My dad taught me to pay off my credit card every month. Also taught me it is easier to cancel a credit card if you get robbed (it happened) or lose your wallet than replacing cash.
When credit card companies started “giving away” points, airline miles, etc., I started paying monthly recurring expenses like utilities, car payments, insurance, etc. with those cards, too. Pay off the balance at the end of the month, don’t pay interest, get “freebies”.
Course, this plan requires not spending more than the monthly income, something else dad taught me. Inversely, I’ve found myself carrying and paying with cash more and more of late.
Just this nagging feeling that I don’t want my purchases or activities tracked. The sibling is a 2-pack a day smoker who has been paying cash for his tobacco for a long time. His reasoning? It’s only a matter of time until our healthcare and insurance options will be connected to our lifestyle purchases.
Not to mention buying ammo, etc. Some folk may be interested in that or perhaps just “squealing” about that for favor soon.
Good, not hollow, point.
Speaking of which, need to hit the bank before today’s visit at my local emporium. They have a “sale” and in-stock. Okay, technically not a sale, I have a 20% off coupon and current “sale” prices are significantly higher than past non-sale. But, good, not hollow, point on the cash.
As the year 1984 approached, I remember articles and books, and tv shows warning us that Orwell’s book was slowly coming true, and that it was the Republican party that was going to be responsible for the destruction of “our democracy”.
In general, everyone thought this destruction would come at the hands of the government.
Nobody seemed to recollect that the destruction of Germany and Russia came about from the bottom up.
And nobody could have predicted, in 1980, the kind of technological reach corporations would have in the future, or how “social media” would develop into such a powerful tool of control; mainly because “social media” was not even a concept at the time.
Even as little as 10 years ago there was little inkling that this was on the horizon. Perhaps to some degree, but not to the extent it has gone to.
Our difficulty has become our addiction to this particular drug. We are an addictive minded species, and we love to have things that make us comfortable and warm. Plays, Music, Moving Pictures, Radio, TV, Video, Computer Games…Internet…