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Senate Bill to Force Citizens to Register Cash Not in a Bank, Violators Get 10 Years in Prison

Under the guise of combating money laundering, Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” ramps up regulation of digital currency and other autocratic financial controls in an attempt to ensure none of your assets can escape one of the State’s most nefarious, despised powers: civil asset forfeiture. 

All of this under the farcically broad umbrella of fighting terrorism. 

For some time, a war on cash has been brewing behind the closed doors of government, and — although officials prefer to claim counterfeiting, terrorism, and money laundering as the impetus for asset tracking — in actuality, physical currency facilitates black market and untaxed transactions, and, most imperatively to the U.S., cannot be thefted under civil asset forfeiture laws as easily as money exchanged digitally. 

Noncompliance with the tyrannical law — including failing to fill out the aforementioned form — would incur penalties befitting a fascist dictatorship: an individual could find the entirety of their assets seized, not just those unreported, and could be locked in a prison cage for up to ten years.

 New Proposed Law Too Ridiculous to Believe! Wish This Was Click bait!

Video

DYI:  From day one the war on terror and ongoing culture war has been used as camouflage to strip Americans systemically of our rights and deprive the citizens of income and assets.   The above video describes the ins and outs of this tyrannical bill despite its name will do nothing to fight terrorism only to further subjugate American citizens.  Don’t be surprised if some sort crises hits; bank failure, war with North Korea, or terrorist attack (real or faked) on American soil Congress slips this bill through hopefully President Trump will use his veto power.

DYI