A Joe Rogan guest, Marc Andreessen, was describing how widespread government coerced debanking has become. This is now being picked up by Elon Musk who has big influence in the new Whitehouse. This is a developing story with many victims now stepping forward. Turns out even Melania and her minor son Barron Trump were debanked for political reasons. Many Bitcoin pioneers were debanked, killing their projects. This could turn out to be one of the biggest government organized conspiracies in history.
It’s completely shocking! Maybe time for a little parallel economy action?
In the US I would think this violates discrimination laws. Internationally, it violates human rights statutes. Maybe some people need to be arrested.
"Melania and her minor son Barron Trump were debanked for political reasons." - Source? What story is this? Is this about Melania being told by her bank that they wouldn't let Barron open a checking account? That had nothing to do with Trump or politics. It had to do with bank policy on age requirements for opening a CHECKING ACCOUNT. Barron was not yet of age to have his own CHECKING ACCOUNT so he was DENIED or, more correctly, DELAYED until he met the age requirement.
A Joe Rogan guest, Marc Andreessen, was describing how widespread government coerced debanking has become. This is now being picked up by Elon Musk who has big influence in the new Whitehouse. This is a developing story with many victims now stepping forward. Turns out even Melania and her minor son Barron Trump were debanked for political reasons. Many Bitcoin pioneers were debanked, killing their projects. This could turn out to be one of the biggest government organized conspiracies in history.
What do you think cancel culture was all about?
What, age requirements for people opening bank accounts? Sure. Has little to do with cancel culture.
I don't have an axe to grind here but would like to see some actual facts about the claim rather than deluge of unsupported echo chamber claims (which come from MANY sides so not taking any side here).
No one is fixing anything without some actual basis in fact and the external reality. So point to some verifiable facts about this claim.
I first heard of debanking happening to Europeans for opposing open borders. That was 12 years ago.
http://www.newsweek.com/bank-america-boycott-maga-john-eastman-1892134
http://www.bbc.com/news/business-66312762
http://www.bbc.com/news/business-66393824
The lunatic wanna be dictators on the left love doing this stuff. Remember?
http://www.bbc.com/news/world-us-canada-60383385
http://www.cnn.com/2022/02/20/americas/canada-trucker-protest-covid-sunday/index.html
Thanks for the links. Not really convincing to me but at least I have a better idea of what the general complaints are about.
In her book, Melania did not name the bank that debanked her. Yet somehow you purport to know details of the incident not mentioned in the book. What was the name of the bank that released this information to you?
YOU, lester, began this thread with a story from a podcast and very little detail. You provided NO LINKS links to any sources whatsoever, not even the podcast link: no date, nothing. How is anyone supposed to check a source when there is NO SOURCE PROVIDED?
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The claim in your OP was, "Melania and her minor son Barron Trump were debanked for political reasons." That reminded me of a story from several years ago that Melania complained about a bank refusing to allow her MINOR (younger than 18 yo) son Barron to open a checking account. I don't know if it is a US Banking regulation, but most banks will not open an **individual** CHECKING account for a minor. They will allow the parent or guardian to open a JOINT checking account with both the ADULT and the minor named on the account and the adult being responsible for the account (overdrafts, etc.).
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Adults who are credit card account holders can ask their CC company to issue additional cards for their minor children to use -- but the ADULT is the one responsible for paying the bills and for any abuse on the account (e.g., a minor trying to pay for TER membership using the adult's CC).
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Banks today (and for the past year or so) are probably very wary of doing biz with any Trump biz or organization. Trump currently has liabilities of over $100M to Jean Carroll; over $400M to NYS; a possible $100M IRS debt due to tax fraud on the Chicago Tower (Trump "parked" a forgiven / unpaid $50 M loan with Trump Org and failed to pay taxes on the forgiven amount); Trump has $360 M of debt on the San Fran tower; Trump has a $118M loan on 40 Wall St. due in July 2025 and the building is badly under water (some estimate that Trump's lease is currently worth less than $100 M); ... all told, Trump's debt is estimated to be almost $2B ( http://www.forbes.com/sites/danalexander/2024/10/30/heres-how-much-money-trump-owes-and-who-stands-to-collect/ Forbes Oct 30, 2024 - paywall; full story blocked).
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There may be problems doing biz with Trump as POTUS regarding COIs, emoluments, etc..
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Trump may have to get money from foreign sources (e.g., Saudi funded LIV golf tournaments at Trump golf clubs) in order to pay off a bunch of loans.
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Trump, his biz, and his family ARE political. That does not change the fact that Trump, his biz, and his family are real credit risks because of their past actions. Put them both together and Trump, his biz, and his family are credit risks for any bank or lender.
In her book, Melania did not name the bank that debanked her. Yet somehow you purport to know details of the incident not mentioned in the book. What was the name of the bank that released this information to you?
-- Modified on 11/30/2024 10:20:32 PM
Way to go off on a tangent and ignore the great debanking scandal.
Who posted, "Melania and her minor son Barron Trump were debanked for political reasons."?
Way to go off on a tangent and ignore the great debanking scandal.
Second time asking, what was the name of the bank that released this information to you?
YOU, lester, began this thread with a story from a podcast and very little detail. You provided NO LINKS links to any sources whatsoever, not even the podcast link: no date, nothing. How is anyone supposed to check a source when there is NO SOURCE PROVIDED?
.
The claim in your OP was, "Melania and her minor son Barron Trump were debanked for political reasons." That reminded me of a story from several years ago that Melania complained about a bank refusing to allow her MINOR (younger than 18 yo) son Barron to open a checking account. I don't know if it is a US Banking regulation, but most banks will not open an **individual** CHECKING account for a minor. They will allow the parent or guardian to open a JOINT checking account with both the ADULT and the minor named on the account and the adult being responsible for the account (overdrafts, etc.).
.
Adults who are credit card account holders can ask their CC company to issue additional cards for their minor children to use -- but the ADULT is the one responsible for paying the bills and for any abuse on the account (e.g., a minor trying to pay for TER membership using the adult's CC).
.
Banks today (and for the past year or so) are probably very wary of doing biz with any Trump biz or organization. Trump currently has liabilities of over $100M to Jean Carroll; over $400M to NYS; a possible $100M IRS debt due to tax fraud on the Chicago Tower (Trump "parked" a forgiven / unpaid $50 M loan with Trump Org and failed to pay taxes on the forgiven amount); Trump has $360 M of debt on the San Fran tower; Trump has a $118M loan on 40 Wall St. due in July 2025 and the building is badly under water (some estimate that Trump's lease is currently worth less than $100 M); ... all told, Trump's debt is estimated to be almost $2B ( http://www.forbes.com/sites/danalexander/2024/10/30/heres-how-much-money-trump-owes-and-who-stands-to-collect/ Forbes Oct 30, 2024 - paywall; full story blocked).
.
There may be problems doing biz with Trump as POTUS regarding COIs, emoluments, etc..
.
Trump may have to get money from foreign sources (e.g., Saudi funded LIV golf tournaments at Trump golf clubs) in order to pay off a bunch of loans.
.
Trump, his biz, and his family ARE political. That does not change the fact that Trump, his biz, and his family are real credit risks because of their past actions. Put them both together and Trump, his biz, and his family are credit risks for any bank or lender.
In her book, Melania did not name the bank that debanked her. Yet somehow you purport to know details of the incident not mentioned in the book. What was the name of the bank that released this information to you?
And you’re saying his family is a personal credit risk? 🤣🤣🤣
M O T H E R
F U C K E R
P A L E A S E ! ! !
🙄 🙄 🙄
-- Modified on 12/1/2024 1:44:29 PM
…I posted 7 links of this happening all over the world by the same left wing extremists in power who do this because they’re wannabe dictators. In Canada, the UK, in Germany and in the USA, left wing lunatics in government all got the same idea to try to deprive their political opponents of banking services with no Due Process, no appeal, no nothing. It didn’t just happen to Trump and some of his family. It happened to conservative politicians, activists, protesters and average citizens. It is a violation of international human rights conventions to discriminate against someone for their political beliefs. And yet that is exactly what leftists did. The next step would have been to kick their opponents out of their own homes and then put them in concentration camps and then kill them. Because that is what left wing extremists do. It only stopped because the push back from the public was so great.