Democrats ‘debanked’ political opponents in attack on American freedoms
Debanking started under then-President Barack Obama as a war to punish those seen as political enemies, like firearm manufacturers. Government documents unsealed at the end of 2020 proved that the federal government used its regulatory authority over financial markets to attack political opponents. Government regulators essentially make it impossible for certain people or businesses to make online transactions, or to have a bank account or a credit card.
The Consumer Financial Protection Bureau, a group set up at the behest of Sen. Elizabeth Warren (D-Mass.) is an example of where a lot of the debanking comes from. So, debanking is when you as either a person or your company are literally kicked out of the banking system. … for having the wrong politics.
President Biden has overseen nearly four years of a two-tiered justice system, as his pardoning of Hunter Biden and the political persecutions of then-candidate Donald Trump make all too clear.
But there have been quieter attacks on justice, like “debanking”, a kind of financial blackballing — and few people realize they could be the next victims because they are a “politically exposed person (PEP),” that is someone who disagrees with the liberal status quo.
