Luddly Neddite
Diamond Member
- Sep 14, 2011
- 63,947
- 9,980
- 2,040
. It's all leading right to the mark of the beast/world government. Control, control, control, control, control, control, control, control...... It's coming, so hang on to your horses folks.I couldnt believe it when I read it either, but it seems legit.
It is all part of the 'money laundering war' being used to cripple terrorists and drug dealers, but it also hurts ordinary Americans who dont trust the fucking banks.
Congress submits bill making it illegal to hold cash, Bitcoin, or other assets outside of a bank without informing them in writing ~ The Daily Economist
“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.” You can probably already guess its contents. Cash is evil. Bitcoin is evil. Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil.
Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”. Civil Asset Forfeiture rules allow the government to take whatever they want from you, without a trial or any due process. This new bill adds a laundry list of offenses for which they can legally seize your assets… all of which pertain to money laundering and other financial crimes.
Here’s the thing, though: they’ve also vastly expanded on the definition of such ‘financial crimes’, including failure to fill out a form if you happen to be transporting more than $10,000 worth of ‘monetary instruments’. Have too much cash? You’d better tell the government. If not, they’re authorizing themselves in this bill to seize not just the money you didn’t report, but ALL of your assets and bank accounts.
are horses legal tender?
Used to be that you had 4 years of a free ride (!) on your taxes for a hobby before you fad to declare a profit, except horses and that was 7 years.
I have no clue if it's still that but that's the IRS for you.
Sent from my iPad using USMessageBoard.com