“Financial data can tell a person’s story, including one’s “religion, ideology, opinions, and interests” as well as one’s “political leanings, locations, and more,”’ the report begins. This investigation began after a whistleblower who happens to be a retired FBI agent alerted Congress that the Bank of America (BoA) voluntarily provided the Biden Administration information on customers who used a credit or debit card in Washington, D.C., around the January 6 protests. The new report has revealed that federal agencies have been working “hand-in-glove with financial institutions, obtaining virtually unchecked access to private financial data and testing out new methods and new technology to continue the financial surveillance of American citizens.”
As I’ve said countless times, “money laundering” is ALWAYS the excuse for why the government must track and monitor our financial transactions. The Bank Secrecy Act (BSA) E-Filing System is a system for financial institutions to file reports required by the BSA electronically. By law, the BSA requires businesses to keep records and file reports to help prevent and detect money laundering. This is how the Biden Administration is attempting to disregard privacy and weaponize financial institutions.
US intelligence agencies searched through records for terms like “Trump” and “MAGA” to target Americans who they believed may hold “extremist” views. The agencies searched for Americans who purchased religious texts, such as the Bible, and also labeled them extremists. Anyone expressing disdain for the COVID lockdowns, vaccines, open borders, or the deep state were placed on a watchlist. Again, the BSA was used as a premise to pull transactions placed by the individuals on this list.
As explained by the investigative committee:
“With narrow exception, federal law does not permit law enforcement to inquire into financial institutions’ customer information without some form of legal process.9 The FBI circumvents this process by tipping off financial institutions to “suspicious” individuals and encouraging these institutions to file a SAR—which does not require any legal process—and thereby provide federal law enforcement with access to confidential and highly sensitive information.10 In doing so, the FBI gets around the requirements of the Bank Secrecy Act (BSA), which, per the Treasury Department, specifies that “it is . . . a bank’s responsibility” to “file a SAR whenever it identifies ‘a suspicious transaction relevant to a possible violation of law or regulation’”11 While at least one financial institution requested legal process from the FBI for information it was seeking,12 all too often the FBI appeared to receive no pushback. In sum, by providing financial institutions with lists of people that it views as generally “suspicious” on the front end, the FBI has turned this framework on its head and contravened the Fourth Amendment’s requirements of particularity and probable cause.”
Under this premise, anyone who held a viewpoint that opposed the Biden Administration was considered a “suspicious” individual who required monitoring. The Treasury Department’s Financial Crimes Enforcement Network created a database to carefully watch potential dissenters. Over 14,000 government employees accessed the FinCEN database last year and conducted over 3 million searches without a warrant. In fact, over 15% of FBI investigations during 2023 has some link to this database. It is estimated that 4.6 million SARs and 20.8 million Currency Transaction Reports (CTRs) were filed in the last year.
The committee noted that the government is incorporating AI to quickly search the web for “suspicious” Americans:
“As the Committee and Select Subcommittee have discussed in other reports, the growth and expansion of AI present major risks to Americans’ civil liberties.211 For example, the Committee and Select Subcommittee uncovered AI being used to censor “alleged misinformation regarding COVID-19 and the 2020 election . . . .”212 Those concerns are not hypothetical. Some AI systems developed by Big Tech companies have been programmed with biases; for example, Google’s Gemini AI program praised liberal views while refusing to do the same for conservative views, despite claiming to be “objective” and “neutral.” With financial institutions seemingly adopting AI solutions to monitor Americans’ transactions, a similarly biased AI program could result in the systematic flagging or censoring of transactions that the AI is trained to view as “suspicious.”
This is extremely troubling and goes beyond government overreach and violated numerous Constitutional protections. The government effectively transformed banking institutions into spy agencies, and anyone who could potentially hold a view that did not fit the Biden-Harris agenda has been treated as potential terrorist. It is completely insane that someone could be seen as an extremist for purchasing a religious text or purchasing a firearm. This is discriminatory, predatory behavior that puts millions of lives at risk. Think of governments in the past who have rounded up names of dissenters based on religion or ideology. They claim they are merely observing us, but the goal is to silence us.
The committee said their investigation has just begun as they will not allow the government’s abuse of financial data to go unchecked. Furthermore, they are concerned that these warrantless searches can lead to widespread debanking practices where the government can easily block any dissenter from participating in society by crippling them financially. This is yet another reason why governments want to push banks to create CBDC so that they can punish citizens with a simple click of a button.
Posted originally on Dec 9, 2024 by Martin Armstrong
DEI application practices have failed. We are equal in rights but not talent. Who would have thought that excluding the majority of the population from the workforce and universities could backfire? The University of Michigan is one of the latest schools to question this discriminatory policy.
“The University of Michigan will no longer solicit diversity statements as part of faculty hiring, promotion and tenure,” the school announced. The school claims it conducted a 2,000-person faculty survey that found staff felt pressured to express specific (i.e., WOKE) political and social views that they did not necessarily agree with, thereby eliminating diversity in thought. “Critics of diversity statements perceive them as expressions of personal identity traits, support of specific ideology or opinions on socially-relevant issues, and serve as a ‘litmus test’ of whether a faculty member’s views are politically acceptable,” the working group wrote in its report. “Thus, as currently enacted, diversity statements have the potential to limit viewpoints and reduce diversity of thought among faculty members.”
However, the university has not fully committed to removing its DEI program. Members declined to vote on whether or not they would continue funding these initiatives that have cost upward of $250 million since 2016. “There are no plans to make any cuts to these programs,” board member Michael Behm said. Basically, they are aware that these programs stifle innovation and thought among faculty and students, but they’re not willing to let go of the control.
The real purpose of this Diversity Equality Inclusion global marketing plan has NOTHING to do with human rights. I think the racist label has greatly died down, for in our own company, we have every religion and race working together. Even this LGBQT movement disrespects others and demands we change our pronouns and abandon any core religious beliefs that do not permit same-sex relations.
Communism failed in part because it prevented independent thought and punished those who thought outside the box. Innovation was no longer possible. Some of the greatest minds like Kondratieff were killed by their government for proposing new ideas that went against the status-quo put forth by the establishment. The Biden Administration has put forth this WOKE ideology under the guidelines of globalist entities like the World Economic Forum and Open Foundation Societies who have championed CEI woke credit scores for the private sector.
Again, my company has always been composed of the most qualified employees. We have staff across the world from all walks of life. They were hired due to their TALENT. I could not imagine finding an excellent applicant who is qualified for the job and saying, “Oh, sorry, we have too many straight white men here already.” But again, we obviously would never need to report a CEI score and bend a knee to any globalist entity attempting to stifle the private sector.
What made the United States the great melting pot and the largest economy in the world was DISCRIMINATION. It was fair, for whoever was the last off the boat was discriminated against until they learned English to get a job. In other words, ASSIMILATION was necessary for immigrants who then also identified as AMERICAN.
DEI operates on exclusivity and not inclusivity, as it champions the notion of entitlement for a select few and is simply unethical. It has become a political weapon that the left will not allow to be questioned. If we want society to advance, we must accept that those who work hard and are born with natural talent and intelligence will excel. Identity politics use tools like DEI initiatives to divide the people when our neighbor is not the enemy.
Posted originally on Dec 6, 2024 by Martin Armstrong
QUESTION: Why have you not commented on the killing of Thompson in NYC?
DD
ANSWER: I don’t know what you want me to say. I think this was inevitable, as insurance companies are the #1 consumer fraud rip-off of Americans every day of their existence, and they grease the palms of politicians to be exempt from consumer fraud. I have NEVER had any insurance company EVER honor what they pretend. I was self-insured here for the storm. A guy a couple of doors from me was paying $40,000 yearly for insurance, and they denied all his claims. He will no longer buy insurance. One of my staff had her car parked, and a drunk guy slammed into it, totaling the parked car. Her insurance company said he had to be paid by the other one, over a year and no payment. My mother’s house had a pipe freeze. They sent investigators asking neighbors if she was there because she went to stay at my sister’s. They have a clause that if you are not there, they will not pay. That cost me $50,000 to fix her home. In a storm, the top of the tree broke and lunged into a brand new Porsche, maybe 2 weeks old. I sent it to the Porsche dealer, who sent it to Bordentown Autobody, which burned down with my car inside. Allstate said it was two deductibles.
They charge your car insurance on the value you pay for brand new. Put in a claim, and it is suddenly depreciated, yet they continue to charge you on the original price. They NEVER reduce your car insurance in proportion to the depreciation. That is consumer fraud, and our politicians do NOTHING!
Insurance companies kill people all the time. This was inevitable. The shell casings found at the scene where the UnitedHealthcare CEO was shot dead by a masked gunman in front of a busy New York City hotel had “deny,” “defend” and “depose” written on them. This was retribution. It is a shame that it will not change the culture of insurance, and the police and politicians will love to hunt down this guy and kill him in a blaze of glory. Nobody will ever look at the corruption that sent this guy over the edge. I am very concerned that we may see others start to do the same, for those in the insurance industry will always worship the penny over the lives they pretend to care about. Our politicians line their pockets at the expense of We the People.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 