S.3571 - Banking for All Act116th Congress (2019-2020)
Sponsor: Sen. Brown, Sherrod [D-OH] (Introduced 03/23/2020) Committees: Senate - Banking, Housing, and Urban Affairs Committee Meetings: 06/30/20 10:00AM Latest Action: Senate - 06/30/2020 Committee on Banking, Housing, and Urban Affairs. Hearings held. (All Actions) Tracker: Tip This bill has the status Introduced
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Subject — Policy Area:
- Finance and Financial Sector
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I lost the original article and can't find it again, but they called this bill the ultimate censorship tool. Perhaps without surrendering to this we may not be able to buy or sell. It has a global push right now.
Edit: It appears this is how the democrats want to issue stimulus money to people. Don't sign up and you dont get any. Also Forbs explains they talk of a centralized world bank. Not good.
Never let a crisis go to waste. That’s what the Democrats always think. This Coronavirus Pandemic caused by COVID-19 is no different. What the Democrats can’t do through the normal political process, they hope to do by exploiting this crisis.
While Americans die and small business withers, the Democratic Party led by Nancy Pelosi and Chuck Schumer have launched a stealth plan to remake the American economy. The makeover is comprehensive including everything from new regulations to a plan to launch a Digital Dollar.
Forbes provides the important details. According to the report the Democrats are exploring making stimulus payments to Americans via this new digital currency.
And Forbes makes clear, this is a big deal. They write, “In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.”
And it will send shockwaves through personal liberty advocates and students of End Times prophecies.
It is the stuff of dispsenationalist fears—where a government through its digital currency controls who is and is not allowed to buy goods or conduct business.
This type of centrally controlled digital dollar could allow the state to limit access to funds based on one’s standing (or social credit) with the regime.
It gives a modern look to Mark of the Beast.
Are you comfortable with this Democratic proposal?