Skip to main content

The Politicization Of Banking And The End Of Freedom

When the talibanisation of banking starts to become a society-wide tendency, or the banks involved are so enormous that they exercise a major hold over global payment systems upon which customers' livelihoods may depend, then a customer with the "Wrong" political opinion may well end up having to either face a major business setback, or be effectively driven into exile in another country, where life is more tolerable.

Imagine a society in which outspoken conservatives, or Brexiteers, or libertarians, or socialists, were systematically locked out of banking services: those dissenting openly from the political views of the banking establishment would be condemned to live as economic pariahs: no mortgage, no credit cardS, and no way to conduct a normal business.

Citizens would effectively forfeit their right to buy and sell, or participate in a market economy in a normal way, just because they expressed opinions disapproved of by the banking establishment.

Banks would then become instruments of political persecution and totalitarian groupthink instead of institutions devoted to the provision of banking services to the citizenry at large.

The public square would quickly degenerate into an echo chamber of opinions approved by the banking establishment.

Either way, under a talibanised banking system, such opinions would face little opposition.

Many who cannot bear losing their political voice would probably emigrate to a country where banks still provide their services to citizens without regard to their political opinions, leaving behind them a citizenry that is like putty in the hands of its banking masters. 

https://brownstone.org/articles/the-politicization-of-banking-and-the-end-of-freedom/ 

Comments

Popular posts from this blog

Fauci Files Reveal Pfizer Helped Biden Rig 2020 Election

 Pfizer secretly colluded with Joe Biden's team to help him rig the 2020 election against Trump, according to new Fauci documents. In his new book, "On Call," Fauci admits that Albert Bourla, the CEO of Pfizer, called him the night after Biden was declared the winner of the election, to inform him of Pfizer's "Game-changing results" from the rigged mRNA trial. "On November 7, after the absentee ballots were counted, Joe Biden was declared the winner of the presidential election. It was the very next night that Albert Bourla, Pfizer's CEO, called me away from my neighbors' fire pit to inform me about the game-changing results from the Pfizer mRNA vaccine trial. I finally thought we had truly turned a corner in defeating this terrible disease." Today reports: In another interesting tidbit, Fauci discusses Trump's FDA Commissioner Stephen Hahn declaring that he would not go along with the Trump Administration's plan to roll out the vac...

Republicans Withdraw $1 Billion From BlackRock Due To Its ESG Policies

  Multiple U.S. states governed by Republicans are withdrawing state funds from BlackRock's management, as they disapprove of the ESG investment policies of the world's top asset manager, the Financial Times reports. In recent weeks, Louisiana, South Carolina, Utah, and Arkansas have announced they would divest funds from... For months now, Republican states have said they would not do business anymore with asset managers who have ESG-aligned investment policies, which, the states say, show that those financial firms are boycotting the oil and gas industry. Texas is leading the campaign against this movement The Lone Star State published a list of financial firms that could be banned from doing business with Texas, its state pension funds, and local governments. https://oilprice.com/Latest-Energy-News/World-News/Republicans-Withdraw-1-Billion-From-BlackRock-Due-To-Its-ESG-Policies.html

The Biden-Harris White House Has An Iranian Spy Leaking U.S. Intelligence In It

 The question is, how did classified intelligence from the United States, showing Israeli military movements that suggest broader action against Iran, get to Tehran? The answer raises uncomfortable questions for the Biden-Harris White House, which has opposed Israel every step of the way in responding to Hamas, Hezbollah, and Iran. Defying Biden got Israel the entire leadership of Hezbollah and Hamas, with the ultimate threat still looming: Iran and its nuclear program. Operations against Iran are being assessed also because Iran has started firing ballistic missiles into Israel, targeting civilian centers across the country. If Israel is close to launching a broader offensive against Iran, leaking U.S. intelligence would be a way to both try and deter Israel and give more warning to Iran. In 2012, similar allegations were made against the Obama administration when U.S. intelligence leaks showed that Israel was working towards using "Azerbaijan as a base of operations in the event...