Leftist watchdogs link your money to your thoughts

Financial bullying has become a new norm of doing business: financial institutions have taken to banning clients whose ways of thinking they do not like, trying to choke them at the source of their income.

The International Monetary Fund (IMF) has been pushing governments to drop paper money and replace it with cryptocurrency.

Governments are eagerly pushing for the so-called Great Reset, a plan American economist Martin Armstrong has dubbed “feudalistic socialism.” They are listening to IMF’s plans with enthusiastic interest that should have been used for better things.

The IMF would like to replace the dollar as the reserve currency, while everything from housing to collectibles has been soaring in prices.

It’s all wrapped in the so-called Modern Monetary Theory (MMT), rubbish defined as a heterodox macroeconomic theory. According to it, currency is a public monopoly and unemployment is evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires.

Bluntly put: implementing the MMT would allow governments to print new money supplies whenever they run out of money that is based on some real economic standard. Not necessarily gold. The Gross National Product (GDP) would suffice.

And all this allows financial services providers to ban clients and defending their decisions by saying theirs is a private concern.

Tools of socialism

Need an overwhelming example? How about the Anti-Defamation League (ADL).

While it could have been somewhat useful decades ago, exposing anti-Semitism and other forms of racism, it has become a hate group that has had considerable success spreading their hate to where it hurts the most: to the perceived villains’ wallets.

Their new initiative involves online payment processor PayPal. The plan is to target whomever ADL views as “extremist and hate movements.”

ADL’s self-anointed “Center on Extremism,” will be studying how alleged “extremists” use PayPal’s services.

That, in and of itself, mocks the laws on financialconfidentiality.

But the ADL proposes to go even further: they will share their findings with politicians and law enforcement. In their own words, the idea is to disrupt “the financial pipelines that support extremist and hate movements.”

To make sure everybody understands, PayPal’s own Chief Risk Officer Aaron Karczmer announced with glee that the new program has the potential to make “an even greater impact than any of us could do on our own.”

In addition to being leaky like a rusted sieve so far its handling of their clients’ accounts goes, PayPal has been known as the service that often targets those who have issues with the so-called Progressives.

That these individuals and groups have hijacked the word, progressive, does not interest PayPal in the least.

On the other hand, the left-wing rabble-rousers are the good guys.

ADL has been pretty open about its ideology. Its plan will focus mainly on “anti-government organisations.” They will also go after groups that are, in their exalted view, “spreading and profiting from all forms of hate and bigotry against any community.”

And again, to make sure everybody knows they mean business, ADL CEO Jonathan Greenblatt announced that he was “thrilled to announce ADL’s new partnership to fight extremism with PayPal. We have a unique opportunity to further understand how hate spreads and develop key insights that will inform the efforts of the financial industry, law enforcement, and our communities in mitigating extremist threats.”

The ADL has been known as a false label maker for years. Just in recent months, ADL claimed that Fox News star Tucker Carlson has been spreading “dangerous race-baiting, extreme rhetoric” and using “classic White supremacist tropes.”

Enough to get him in front of a firing squad.

It’s not only PayPal. Major credit card providers, such as Visa and MasterCard, have been busy issuing bans. Groups that do not bow before Antifa of Black Lives Matter (BLM) have tough times selling their merchandise online: Visa and MasterCard won’t accept their transactions, and neither will some debit card providers.

Some of these groups have been looking for and found alternative ways that will, they hope, work for the time being.

Come to think of it, being cut off from the more or less traditional financial service providers is a blessing in disguise: neither the ADL, nor anybody else, would be able to comb through their financial transactions. That is: not until cryptocurrencies replace existing money. These are designed to leave trails. All the ideological watchdogs will be able to harass and bully those they disagree with without fear again.

That’s why news of IMF’s efforts and governments’ subservience should be making front page line stories, in the hopes that readers (listeners, viewers) will see the light and stand up in opposition.

Remember: it’s year 2021, and the IMF wants to have overall cryptocurrency in place in 2022.

We have but a year.

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