PRESERVE THE BILL OF RIGHTS: START WRITING CHECKS AGAIN

Don't Trade Freedom For Convenience

The U.S. Federal Reserve announced on June 29th that 57 firms have been certified to utilize its "FedNow" instant payments system after it launches in late July. The Fed did not provide a specific date for the launch, but 41 banks and 15 service providers, including large firms like JPMorgan Chase (JPM.N), Bank of New York Mellon (BK.N), US Bancorp (USB.N) and Wells Fargo (WFC.N), have completed formal testing and will be ready to provide instant payments after the new service is live.*

In addition to these 57, the central bank, which will be the agency which controls your very existence, is also working with financial institutions that plan to join later in 2023 and beyond. The network aims to eventually reach all 10,000 U.S. financial institutions. When this is accomplished, cash will be outlawed and will be worthless.

This puts the Biden Regime another step closer to outlawing cash and mandating Americas use only digital currency which our DC overlords will completely control. That means the federal government will completely control YOU by completely controlling when, where, what and if you buy a product or service.

Biden’s handlers have said CBDC will be awash with woke requirements such as “equity,” ESG and climate change poppycock, and will be driven by the needs of the Ruling Elite (AKA “stakeholders”) who can and will continuously change the rules to suit themselves.

 ”Equity” will be whatever the Ruling Elite says it is.  People will be treated differently than others under the FedNow system depending upon whether they are members of a favored group.  Right now “equity” is based upon skin color.  But that could change “on a dime.”  Pun intended! Some will be given higher allowances than others.  Some will be allowed to live in comfort while others will be forced to live in slums.  No doubt illegal aliens will be treated better than Americans so long as Democrats are programming FedNow.  How do you think Republican voters will be treated? Under this persecution how long will it take until there are NO Republican nor Independent voters? One election cycle? Two?

What can YOU do about it? Plenty!

FIGHTING BACK: MESSING WITH OUR OVERLORDS

Americans: Don’t trade your freedoms for a little convenience.

Paying monthly bills online is SO CONVENIENT, but this habit, which I recently UNADOPTED, will only help the federal government to outlaw cash, set up digital currency and control everything you do. Write checks to pay your monthly bills. Yes, this is a little inconvenient, but after FedNow is fully implemented, you will wish you had.

STOP using your debit card for purchases!  Stop NOW!  Get into the habit, like I did over a year ago, of regularly going to an ATM or your bank branch and withdrawing cash.  If someone gives you cash DO NOT DEPOSIT IT INTO YOUR BANK ACCOUNT. If you receive a check take it to your bank and convert it into cash instead of depositing it.  And stop using your credit card!  Use cash for as many of your purchases as you can.  This is a little inconvenient, but fighting for our freedom has always been inconvenient.

Get all your money out of Big Banks.  Do ALL your banking with small, local banks and credit unions.  It will be harder for our overlords to develop a nationwide, centralized system if significant numbers of Americans keep their money in local, INDEPENDENT banks. After decades of banking with Key Bank, we closed our last account last year. We moved our banking business to a local credit union. Yes, our credit union still has ATMs!

Tell your friends.  The more of us who adopt this habit, the harder it will be for our overlords to set up their draconian cashless society.  According to the experts, by using cash, we can slow down and perhaps stop the disappearance of cash AND your freedoms.

You think you have “rights?” Ha! They will be wiped out the very minute cash is outlawed, starting with the Second Amendment.

THE TESTING WAS SUCCESSFUL 

Three months ahead of schedule the Federal Reserve launched the “FedNow Service” on a limited basis the first week of April.  This is the infrastructure for Central Bank Digital Currency (CBDC), thus putting America one step closer to totalitarianism.

Several banks & credit unions chose to be test subjects and offered to their customers the chance to be in the vanguard of destroying our Bill of Rights.  First Republic Bank, Tri Counties Bank, Silicon Valley Bank, Pacific Coast Bankers’ Bank and First Foundation Bank are the banks testing the program, while CUs participating are Excite Credit Union, Farmers Insurance Federal Credit Union and Star One Credit Union, according to a government report.^ Get your money out of these banks and credit unions IMMEDIATELY.

AVERAGE AMERICAN WILL NOT BENEFIT FROM FEDNOW

"We couldn't be more excited about the forthcoming FedNow launch, which will enable every participating financial institution, the smallest to the largest and from all corners of the country, to offer a modern instant payment solution," said Ken Montgomery, first vice president of the Federal Reserve Bank of Boston and FedNow program executive. "With the launch drawing near, we urge financial institutions and their industry partners to move full steam ahead with preparations to join the FedNow Service." 

Note: This DC Swamp creature did not mention any benefit for YOU. That is because THERE IS NONE.

From the bank account holder’s point of view, FedNow is very similar to what happens now when you use your debit card to buy groceries or gas.  Within minutes the withdrawal shows up in your bank account; however, depending upon which system the merchant’s bank uses, it takes a day or two for the funds to arrive in the merchant’s bank account.

With FedNow, the transfer of funds to the merchant will be instantaneous.  Banks and businesses will get their money faster, BUT the average American will see little or no benefit from FedNow.

CHANGING UNIFORM COMMERCIAL CODE TO REDEFINE “MONEY”

Before turning cash into binary codes floating in cyberspace, the totalitarians need to change the definition of “money.”  This needs to be done, state by state, by amending the Uniform Commerce Code.  This process started this year in at least 20 states across the nation.^ 

When cash is outlawed, not only will Americans lose almost all of our privacy, the Federal Government will, via a HUGE central bank, be in complete control of how/when/where you spend YOUR hard-earned money.  Indeed, the very words “money” and “dollar" will become terms that the next generation won’t fully comprehend. 

FedNow Service will go nationwide when it is connected to all our banks & credit unions and has sucked up all OUR money. Americans have the power to stop or greatly slow down this Marxist takeover of our economy if we act NOW.^ 

*Other publicly traded participants and service providers that joined as early adopters are: BNY Mellon (NYSE:BK), ACI Worldwide (NASDAQ:ACIW), FIS (NYSE:FIS), Adyen (OTCPK:ADYEY) (OTCPK:ADYYF), Malaga Bank (OTCPK:MLGF), Nicolet National Bank (NYSE:NIC), and First Internet Bank of Indiana (NASDAQ:INBK), PCBB (OTCPK:PCBB), and Temenos (OTCPK:TMNSF) (OTCPK:TMSNY). If you own any stock in these companies, SELL IMMEDIATELY.

^If you have an account with the banks or credit unions that are participating in FedNow, move your money!  If you can’t move your accounts to another bank or credit union, do NOT sign up for FedNow. Find out if your legislature is trying to change the definition of money.  If they are, contact you legislators IMMEDIATELY.