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

A new bill seeks to track your money and assets incessantly, will enjoin any business with government ties to act as a de facto arm of DHS, and would steal all of your assets — including Bitcoin and other cryptocurrencies — should you fail to report funds when traveling with over $10,000.

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.

Civil forfeiture grants the government robbery writ large: your cash, property, and assets can be stolen completely sans due process, your guilt — frequently pertaining to drug ‘crimes’ — matters not.

A court verdict of not guilty doesn’t even guarantee the return of State-thefted property.

In fact, the government can seize virtually whatever it wants if it so much as suspects some of your assets might have been acquired through or used in the commission of even lesser crimes.

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.

Characterized as an effort to “to improve the prohibitions on money laundering, and for other purposes,” the bill severely curtails the right to travel freely, without undue hindrance, as travelers with more than $10,000 in assets — including those held digitally, like Bitcoin — must file a report with the U.S. government.

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.

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To be clear, the State wants to write a permission slip to seize all of your assets — bank accounts, including, specifically, “safety deposit boxes,” prepaid cards, gift cards, prepaid phones, prepaid coupons, cryptocurrencies, all of it — even for being remiss in reporting what you’re traveling with.

Considering one’s digital assets veritably follow wherever that travel takes them, a cryptocurrency portfolio would theoretically have to be reported each time that person travels outside the confines of the U.S.

Of course, the legislation in actuality just amends laws pertaining to assets and travel already considered dictatorial — right now, failure to fill out the form carries not just the penalty of seizure, but a sentence of up to five years behind bars. 

“And if that weren’t enough, this bill also gives them with new authority to engage in surveillance and wiretapping (including phone, email, etc.) if they have even a hint of suspicion that you might be transporting excess ‘monetary instruments,’” Simon Black of SovereignMan.com reports.

“Usually wiretapping authority is reserved for major crimes like kidnapping, human trafficking, felony fraud, etc.

“Now we can add cash to that list.”

But it wouldn’t just be the government hawkishly surveilling your every transaction, as, essentially, all retailers would be roped into becoming State spies — any business selling gift or prepaid cards would be required to report those, too.

Worse — and in defiance of current structures pertaining to digital currency — the government wishes to somehow require issuers of cryptocurrencies into its abhorrent, ostensive money-laundering police spy ring.

According to the legislation, reports Smaulgold.com, the Secretary of Homeland Security and the Commissioner of U.S. Customs and Border Protection must, within 18 months of the legislation’s passage, devise a “border protection strategy to interdict and detect prepaid access devices, digital currencies, or other similar instruments, at border crossings and other ports of entry for the United States, including an assessment of infrastructure needed [emphasis added] to carry out the strategy […]

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“The obligation to declare amounts in any form over $10,000 exists, irrespective of whether custom officials have a way of detecting such holdings. Since digital currencies technically travel with the holder [wherever] the holder goes, one would have to declare one’s entire crypto portfolio each time the holder entered the U.S.”

Travelers possessing assets, precious metals, and accounts in excess of $10,000 held outside the United States, however, would not be required to declare those to the government — perhaps leaving an albeit sketchy option for those wary of unscrupulous authorities.

While the government insists ‘If you’ve got nothing to hide, you’ve got nothing to fear,’ the Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 proves you might not be able to hide anything from its greedy clutches — and if you try, you could wind up thrown in a cage for a decade, penniless upon release.

Welcome to America, where your assets are literally the government’s business, and freedom is anything but free.

Courtesy of The Free Thought Project

Claire Bernish began writing as an independent, investigative journalist in 2015, with works published and republished around the world. Not one to hold back, Claire’s particular areas of interest include U.S. foreign policy, analysis of international affairs, and everything pertaining to transparency and thwarting censorship. To keep up with the latest uncensored news, follow her on Facebook or Twitter: @Subversive_Pen.

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  • Thomas_Paine’s_ghost

    Since it wasn’t mentioned in the article who sponsored/co-sponsored this highway robbery bill. Here are the particulars…
    https://www.congress.gov/bill/115th-congress/senate-bill/1241/cosponsors?overview=closed#tabs

  • Kerry Hall

    This Bill is already law. But good luck enforcing the part of it this article speaks of.

  • this is WHY… it’s best to be an “American” (National) as opposed to a U.S. Citizen (aka “slave”).

  • Hector Montes

    The thing is that all those invents apply only to us, the common citizen, not to them the elite

  • Susan P

    I thought there was supposed to be a bill introduced to do away with civil asset forfeiture entirely as too many local municipalities are using it to pay police instead of the normal tax to pay local employees. The RICO Act was to take money from drug cartels, not everyday citizens going about their lives. When local police depts learned how easy it was, it has been abused for years. It turns “innocent until proven guilty” upside down and citizens now have to prove the money is not from criminal activity to get back what was theirs to begin with. We simply CANNOT allow Congress to further abuse Constitutional rights.

  • You already can’t travel with large sums of money unless you report it!

  • whiteroper

    This just goes to show, just how STUPID our elected legislators really are……This law will bring our people to go back to the “revenuers”
    With Elliot Ness…..
    You greedy ass holes are too dumb to realize that it would cost the government Many Times what it would collect to get out there and actually
    Collect the pittance held by FORMERLY Loyal Americans.
    This would be like a wealthy parent robbing his 7 year olds piggy bank to buy a bottle of booze.
    This is the biggest LOSE, LOSE, proposition you ass holes have ever come up with, and if yo go for it, I think this country may well utilize
    The Second Amendment Rights, and the government would LITERALLY DISINTEGRATE…..
    “””GREEDY ASS HOLES”””….

  • Steve Underwood

    Start with the politicians then as they have millions in unreported cash laying around .

  • AlexMcQuade

    The RINO-d-cRAT establishment cabal is very strong in the despicable Senate

    https://uploads.disquscdn.com/images/8f670f218a4f554ca8b8db0ae1f61b9cf42c1135d1c2ff46df3a03cefa8eeac2.jpg

  • You vote for it.

    Amendment IV

    The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

    Violation of the Fourth amendment. But who cares right?

    They rule us at the barrel of a gun anyway.

    NDAA is the new Constitution. Patriot Act is the new bill of rights.

    We need a new declaration of independence nowadays too.

    • gh0239

      We don’t need a new Constitution. We need to restore the Constitution and end the violations. The “Federal Reserve” (not actually federal and no reserve) and the IRS (collections agency for NWO banksters) are violations of the Constitution. The banksters are criminals and it’s their assets that should be seized.

      • Susan P

        We need to repeal the 16th Amendment to get the Congress Critters to recognize that the IRS is illegal. But, I agree. The original Declaration of Independence and Constitution, Bill of Rights is working just fine. We simply have to INSIST that Congress and the fat cats in D. C. know that we will NOT allow them to continue to trample our founding documents and our RIGHTS.

        The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is it’s natural manure. ~ Thomas Jefferson (1743–1826)

      • Susan P

        We need to repeal the 16th Amendment to get the Congress Critters to recognize that the IRS is illegal.

        But, I agree. The original Declaration of Independence, Constitution and Bill of Rights are perfect as they are. We simply have to INSIST that Congress and the fat cats in
        D. C. know that we will NOT allow them to continue to trample our founding documents and our RIGHTS.

        The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is it’s natural manure. ~ Thomas Jefferson (1743–1826)

        • Ed

          NO TREASON No. VI. THE CONSTITUTION OF NO AUTHORITY. I. NT.6.1.1 The Constitution has no inherent authority or obligation. It has no authority or obligation at all, unless as a contract between man and man. And it does not so much as even purport to be a contract between persons now existing. It purports, at most, to be only a contract between persons living eighty years ago. And it can be supposed to have been a contract then only between persons who had already come to years of discretion, so as to be competent to make reasonable and obligatory contracts. Furthermore, we know, historically, that only a small portion even of the people then existing were consulted on the subject, or asked, or permitted to express either their consent or dissent in any formal manner. Those persons, if any, who did give their consent formally, are all dead now. Most of them have been dead forty, fifty, sixty, or seventy years. And the constitution, so far as it was their contract, died with them. They had no natural power or right to make it obligatory upon their children. It is not only plainly impossible, in the nature of things, that they could bind their posterity, but they did not even attempt to bind them. That is to say, the instrument does not purport to be an agreement between any body but “the people” then existing; nor does it, either expressly or impliedly, assert any right, power, or disposition, on their part, to bind anybody but themselves. Let us see. Its language is: “We, the people of the United States (that is, the people then existing in the United States), in order to form a more perfect union, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.” NT.6.1.2 It is plain, in the first place, that this language, as an agreement, purports to be only what it at most really was, viz., a contract between the people then existing; and, of necessity, binding, as a contract, only upon those then existing. In the second place, the language neither expresses nor implies that they had any right or power, to bind their “posterity” to live under it. It does not say that their “posterity” will, shall, or must live under it. It only says, in effect, that their hopes and motives in adopting it were that it might prove useful to their posterity, as well as to themselves, by promoting their union, safety, tranquility, liberty, etc. ~ Lysander Spooner

          • Susan P

            And what of the millions of citizens of their posterity who have willing taken an OATH to protect and defend that document against all enemies both foreign and domestic? I would say that for generations the living citizens HAVE accepted and ratified that document over and over again.

            While Lysander Spooner was an intelligent man, he was not omnipotent. Even Spooner could be wrong from time to time.

          • Ed

            Oath to Support the Constitution of no Validity http://spooner.celestial.com/essays/spooner/no-treason/x623.html

          • Susan P

            Who died and made Spooner God?

            One man’s opinion does not win a disagreement.

          • Susan P

            Who died and made Spooner God? One man’s opinion is just that an opinion.

          • You seem to be hung up on authority! Spooner’s arguments are based on observation, reason and sound logic, not on the opinion of some authority.

          • Susan P

            Yet, in the final analysis they are Spooner’s OPINIONS. My life has been based largely on observation, reason and sound logic. I do not agree with Spooner. If you want to get my attention, use your own words, not someone else’s. I won’t bother to even read a post that is a copy of paste of someone who is long dead.

          • The Constitution was written by men who are “long dead”.

          • Susan P

            Lysander Spooner is also “long dead”. You obviously MISSED my point about your copying and pasting someone else’s words without saying anything for yourself.

          • YOU are the one who keeps praising the Constitution. Those guys are longer dead than Spooner and yet you keep contradicting yourself–and keep pretending to be oblivious to your own contradiction.

          • Susan P

            I could never obfuscate well enough to compete with you.
            The Constitution has NEVER failed me. What has failed is the people who are tasked with upholding and following the Constitution choosing to ignore it and a population so ignorant they don’t even realize what their elected representatives are doing to destroy it.

            I care not how much you have researched and agree with Spooner. I think he was a deranged philosopher who spent way too much time contemplating his own navel.

          • You admit that “… the people who are tasked with upholding and following the Constitution choosing to ignore it” and you admit that the “… population so ignorant they don’t even realize what their elected representatives are doing to destroy it.”

            How is that not an example of a powerless Constitution?

          • Susan P

            You obfuscate too far. Further discussion with you is a total waste of my time.

          • Cop out. Oh, wait! That is YOUR signature line…

          • Susan P

            Dennis,
            Your opinion means less than nothing to me. Go ahead and call names and cast aspersions. THAT is the trademark of someone who has no thoughts of his own to use.

          • https://uploads.disquscdn.com/images/2a73520ee0d90a7253cc2ba6518ca56f0de6c296151238c5bbe55dcd930c47ef.jpg

            “In either case, it is unfit to exist.”

            Spooner’s logic and conclusion is flawless and the conclusion does NOT rely on argumentum ad verecundiam for support, unlike some people who rely on authority to “validate” conclusions.

  • ConnieJ

    The government has already made inroads into confiscation. Don’t believe it? Try taking a large amount of cash to a bank and see how long it takes for the IRS to take it and you have to hire a lawyer to try to get it back. Happens all the time.

  • Jonathan Brooks

    Civil asset forfeiture is Nazispeak for legal theft by the government of assets they want.

    The Obamaknobs ramped this up, but both parties are guilty of this greed, since they consider any money movement outside the regular corporate marketplace to be blackmarket and seizable.
    Corporate culture hates entrepeneurs, and small business, and wants them gone and only franchises and tax slave businesses to remain, as in Europe.
    Small businesses have usually skated under the radar of the nazi greedheads in Congress, but the fact that the Feds are essentially broke, has made them think there is gold in them thar publics.
    The idea is to make everyone a criminal, so that social control is absolute since you will have to have government largess just to work.

    • Mollie Norris

      “Civil asset forfeiture is Nazispeak”; right! And who financed Hitler? US Zionist Judaics. Chabad cartel’s pharisee rabbis; the elite, have published their belief that Hitler was God’s agent in his genocide of biblical Jews who refused to acknowledge their authority above God and the bible.
      The only hope for the US is a ban on dual US-Israeli citizens in US government. Trump is not on the side of God; Chabad’s Tanya is probably the most hateful, anti-Christian satanic publication of all time.
      http://www.realjewnews.com/?p=417

  • Harold Saive

    This was all started by Republicans Bush, Cheney and Zionist neocons who pulled of the 9/11 inside job.

    • Jonathan Brooks

      That is partisan and retarded. The Deep State, and the Khazarians own both Parties, and the Bush Crime cartel owns the Dems and Republicans in Congress by use of blackmail due to access to NSA data. Zionist and neocons are buzzwords for the pedo elite and Satanists that have made crime mob tools of both parties since Reagan.

  • You vote for it.

    Fuck the US government
    Fuck Socialist Democracy ( we are a republic in name only)
    and
    Fuck America.
    Its all a goddamn lie.
    And you stupid muther fuckers keep voting for it.

    • lloyd Lisco

      Next time don’t hold back, Tell us how you really feel.

  • grumpyhillbilly

    Cash at the end of the day will made to be worthless. This a war on gold and bitcoin. Can’t ever make those big bankers obsolete. Where would the graft come from?

  • Neva

    This is tyranny America! No one has the right to invade your privacy per our Constitution. @POTUS @realDonaldTrump @SecSessions

  • VirgoVince

    MORE ugly lefturd idiotic BULLSHIT!!
    ERASE liberalism FROM THE PLANET. TOTALLY!!

    • Warrior Spirit

      Their end is near. They don’t stand a chance against 140 million gun owners. Of which, 79% of them are veterans who can walk in to combat tomorrow… Including myself… besides, I know for one thing, the Marine Corps is telling their recruits, that they do NOT fire upon civilians defending the constitution, and their property. They are also told, even if the CIC gives the order to shoot citizens, they are to do so only in defense of their person/Corps. It is NOT a legal order, and they do NOT have to obey it. So they will side with us, and that gives us Air power, and logistic support against the deep state. They can handle the Elite who want to take us down, and they will. I have family in the Marines, and they keep me informed. There will be no rules for engagement. Just kill them where they stand, and anyone who tries to protect them. Survival of our republic is and will be paramount to doing this.

      ARM UP!!! AMMO UP!!! BE PREPARED!!!

      • Susan P

        To obey an illegal order is to open oneself up to Courts Martial. All branches of the military are taught this very early on in their training. Also, there is a large number of former law enforcement officers who also know how to handle a firearm; many of whom never served in the military.

        • gary

          And please dont forget about the militias and all the “unofficial militias” that train with firearms every week.

        • Susan P said:

          To obey an illegal order is to open oneself up to Courts Martial. All branches of the military are taught this very early on in their training.

          This is NOT TRUE! *I* served in the USA military and I NEVER received such instruction from military sources. I was constantly reminded, by military personal, of what would happen to me if I did not follow orders.

          Bradley Manning was imprisoned for exposing war crimes and the war criminals were never charged.

          • Susan P

            You must have slept through that part. I have military family members in several different branches and they all say they learned about NOT obeying unconstitutional orders in Basic.

          • If you knew anything about military training–it is apparent that you do NOT–you would know that sleeping during training is not allowed, and is grounds for all manner of punishments.

          • Susan P

            I am aware of that. However, my family members who are military all report the lesson you say you never got. Ergo, you must not have been paying attention.

          • That is an ad hominem which I have already denied. Your attempted explanation is not the only possible explanation, therefore your “ergo” is invalid.

  • Ann Tenna

    whats in your wallet?