Lowell Ponte, “Cashless” America Could Soon Be “Gunless”, Syrian Trump Blunder, No Proof Assad Gased Doma, Russian Counter to Missile Attack, No Trump 2nd 3rd 4th Moves in War Chess, Mattis Has Reservations on Guilt of Assad and Table of Actions by USA Britain France Alliance, Russian Missile Response, S400 Counterattack, Destroyed Missile Destroyers US Bases, Entrenched Expensive War in Syria, Dr Bill Deagle MD, NutriMedical Report, www.ClayandIRON.com, www.Deagle-Network.com, www.NutriMedical.com,
A “Cashless” America Could Soon Be “Gunless”
by Lowell Ponte
APRIL 9, 2018 ~ PONTIFICATIONBLOG
https://pontificationblog.wordpress.com/2018/04/09/a-cashless-america-could-soon-be-gunless/
The United States is quickly turning “cashless,” buying most things from automobiles to hamburgers via bank loans and credit cards. Americans carry more than a trillion dollars on what should be called “debt cards.” Banks love cashlessness, in which more and more of what we need is not earned or saved, but borrowed for high interest.
Government is even happier with the fast-arriving cashless society. Cash can be hidden, despite your bank being required to spy on you and report any odd financial activity. Government wants every transaction you make to be taxable, trackable, hackable, blockable, and used to empower Big Brother.
Cashlessness in surprising ways gives vast power to government. Days ago, for example, liberal Democrat New York State Comptroller Thomas J. DiNapoli, who controls where the state invests its $209.1 Billion pension fund, sent out a letter. It went to institutions behind our credit cards – Visa, MasterCard, JPMorgan Chase, Bank of America, Wells Fargo, American Express, Discover Financial Services, and others.
DiNapoli’s message was about as subtle as a guy wearing a pinstripe suit, black shirt and white tie saying: “You gotta nice place here. Too bad if anything happened to it. But maybe I can provide you some protection.”
DiNapoli suggested that these companies should consider whether gun transactions should be classified with restricted high-risk purchases like pornography, illicit drugs, and cryptocurrencies. “If gun violence continues unabated in society,” he wrote, “public outcry…may grow and create significant financial risk for the company.”
DiNapoli suggested that these companies look into implementing ways to block credit card purchases of firearms, ammunition, and gun accessories. The implied threat was clear: stop extending credit to gun and ammo buyers, or risk having New York State investment money taken away from your bank or credit company because the left wants to ban guns.
The Federal Government has already tried such intimidation, as Craig R. Smith and I explained in our 2014 book