Deplorable Yankee
Diamond Member
The de-banking of individuals by major banks is becoming more common and should concern us all. Two high-profile individuals, Nigel Farage, and Dr. Joseph Mercola, are the most recent casualties in the de-banking game. Without warning or fanfare, they were both de-banked by financial institutions; Farage by NatWest and Mercola by JP Morgan Chase Bank. And, by the way, General Flynn, his wife, and our Editor-in-Chief, Tracy Beanz, were also de-platformed and demonetized; Flynn by Chase and Tracy by PayPal.
In the cases of Farage and Flynn, the banks “backtracked” or “apologized,” but only after both men used their outsized megaphones to cause a fuss. I am by no means minimizing the very real pain Farage and Flynn suffered. Certainly, the consequences of being de-banked are equally real for them regardless of their station in life. However, when de-platforming happens to the average Joe—and it has and it will—the fight to be heard and financial wherewithal restored verges on impossible. Farage says the apology isn’t enough. He also explains that “ordinary people” are starting to be hit as well:
Nebraska’s State Treasurer John Murante wrote in his Newsweek opinion piece in March:
“When powerful banks like Chase retain unbridled discretion to cancel accounts for arbitrary or biased reasons, it undermines the freedom of everyday Americans to participate in society and the marketplace without fear of discrimination based on their political or religious views.”
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I'll answer for the first fake centrist boomer asswipe
What's the big deal maaaannnnn ...they deserved it maaaaan because reasons .... besides I've been told not to like em because they're racist transphobic bigots maaaaan
In the cases of Farage and Flynn, the banks “backtracked” or “apologized,” but only after both men used their outsized megaphones to cause a fuss. I am by no means minimizing the very real pain Farage and Flynn suffered. Certainly, the consequences of being de-banked are equally real for them regardless of their station in life. However, when de-platforming happens to the average Joe—and it has and it will—the fight to be heard and financial wherewithal restored verges on impossible. Farage says the apology isn’t enough. He also explains that “ordinary people” are starting to be hit as well:
Nebraska’s State Treasurer John Murante wrote in his Newsweek opinion piece in March:
“When powerful banks like Chase retain unbridled discretion to cancel accounts for arbitrary or biased reasons, it undermines the freedom of everyday Americans to participate in society and the marketplace without fear of discrimination based on their political or religious views.”
Keep reading
De-banking “Enemies” of the State: Are We Awake?
The de-banking of individuals by major banks is becoming more common and should concern us all. Two high-profile individu...
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I'll answer for the first fake centrist boomer asswipe
What's the big deal maaaannnnn ...they deserved it maaaaan because reasons .... besides I've been told not to like em because they're racist transphobic bigots maaaaan