Parallel economy fueled by conservatives gives consumers alternatives that support their values

Vambram said:

Parallel economy fueled by conservatives gives consumers alternatives that support their values

"We started our company with the idea that books are the most important thing because they have a special way of sparking kids' imaginations and activating their mind," Brave Books CEO Trent Talbot said.

justthenews.com

Last year, country music star John Rich announced the creation of a new bank for Americans who support freedom of speech and have concerns about their existing bankers punishing them – and their accounts – for publicly backing issues that their banks don't support.

Click to expand...

If a bank takes money from an account holder because they disagree with the account holder's opinion then that is theft and is punishable by law as such.

Any evidence of this actually happening or being proposed as a potential policy?

Being suspected of a crime has always had the potential for your account to be frozen by a governing authority.

Who froze their accounts, the bank at the behest of a legal authority, or the bank completely of their own volition?

Wait… One of the recurring complaints I hear conservatives levy against immigrants (esp illegals) is that they don’t assimilate into our culture. But here we have an article praising conservatives for not assimilating into the broader culture (a lesson I was repeatedly taught as a church-going teen).

Can someone clarify for me when it’s good to assimilate into American culture and when it isn’t?

Mayzoo said:

Being suspected of a crime has always had the potential for your account to be frozen by a governing authority.

Who froze their accounts, the bank at the behest of a legal authority, or the bank completely of their own volition?

Click to expand...

From what I’ve seen on reddit and elsewhere, it’s typically the bank doing it on their own, after something throws up red flags in their system, usually regarding anti-money laundering regs. If the complaints are to be taken at face value, there’s often little-to-no warning or explanation (which may or may not be due to regulations- I’m unclear on that point) and they can hold the money for some uncomfortably-long period of time (60 days iirc).

It does sound like there are some legitimate complaints about the system and it could use some transparency and improved due process, but I’m not aware of “speech” being much of a trigger.

Mayzoo said:

Being suspected of a crime has always had the potential for your account to be frozen by a governing authority.

Click to expand...

The key word in the citation is voluntary. Had the FBI presented a subpoena and Bank of America complied, that would have been far different.

Here's a cite: Chairmen Jordan and Massie Expand Investigation into Banks Voluntarily Sharing Customers’ Private Financial Data with the FBI

Note the words "voluntarily and without any legal process"

Since you asked for a cite on banks freezing accounts, here's one:


Here's another instance:


Here's an example from Canada:

Tuur said:

The key word in the citation is voluntary. Had the FBI presented a subpoena and Bank of America complied, that would have been far different.

Here's a cite: Chairmen Jordan and Massie Expand Investigation into Banks Voluntarily Sharing Customers’ Private Financial Data with the FBI

Note the words "voluntarily and without any legal process"

Since you asked for a cite on banks freezing accounts, here's one:

US Banks Are Abruptly Freezing Accounts, Halting Withdrawals Without Warning or Explanation: Report - The Daily Hodl

US banks are increasingly closing customers' accounts and freezing withdrawals without warning, according to a new report.

dailyhodl.com

Here's another instance:

Wells Fargo closes account of conservative Christian activist, apparently without cause - LifeSite

The banking chain left a former Republican congressional candidate stranded outside her home state with no access to her money.

www.lifesitenews.com

Here's an example from Canada:

Even small donation to Freedom Convoy after Feb. 15 enough to have donor's bank accounts frozen, finance committee told

'We had to take extreme measures to freeze the accounts to basically discourage people to fund illegal activities'

nationalpost.com

Click to expand...

Thank you, I will review the links.