Financial censorship has been exercised for years against those whom leftists and globalists particularly hate, but don’t be surprised if—like other kinds of censorship—it soon expands significantly. After all, the Biden administration signed onto a plan for a China-like social credit score, which would include the ability to shut down financial activities for political dissidents.
Former Trump attorney John Eastman is the latest reported victim of financial censorship and de-banking. From the Daily Caller:
“[Eastman] was de-banked twice in the span of several months by two prominent financial institutions, Bank of America and USAA, he told the Daily Caller. His accounts were closed as he faced substantial backlash for his work advising Trump around the time of the 2020 election…Eastman said he had switched most of his banking from Bank of America to USAA, a company that provides financial services exclusively to military veterans as well as their families, due to the former’s ‘wokeness.’ Both corporations are federally insured, and Bank of America was bailed out with billions of dollars in taxpayer funds during the global financial crisis.”
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Author: Catherine Salgado
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