Wednesday, July 26, 2023

THE DEMOCRATS SEEK CENTRAL BANK DIGITAL CURRENCY (CBDC)

 

One alert congressman is warning that the U.S. Federal Reserve is building the financial equivalent of Darth Vader’s Death Star. 

This isn’t science fiction — it’s a plot to steal our sovereignty and put U.S. government agents in control of every single cent we make or spend … and Joe Biden has already begun building this freedom-killing trap.

Thankfully, some in Congress are aware of the danger. 

HR 1122, HR 3712, and S 887 seek to block the Biden administration from instituting a tyrannical financial surveillance system — the so-called Central Bank Digital Currency (CBDC).

Please join me in faxing Congress demanding they protect America from Joe Biden’s CBDC schemes by passing HR 1122, HR 3712, & S 887. Then read on for the news. — Mat

STOP Biden’s financial surveillance scheme!

Friend,

A quick look at internet job sites this week reveals something shocking. 

While Joe Biden claims he is only evaluating a Central Bank Digital Currency, the Federal Reserve is actively recruiting and hiring the software developers to code the new “currency”!

The Federal Reserve Bank of San Francisco is currently advertising a job opening for a “Senior Crypto Architect” to “lead research and development of cutting-edge CBDC technologies, implementing example systems and collaborating with teams to support the Federal Reserve’s CBDC efforts.”

 

Protect YOUR financial privacy! Tell Congress to VOTE YES on HR 1122, HR 3712, & S 887!


The Federal Reserve Bank of Boston, meanwhile, is searching for a “Lead Application Architect” to “Lead the design of new distributed systems, mentor software engineers, research CBDC technology and propose plans to enhance existing systems.”

The Federal Reserve Bank of Cleveland seeks a “Senior Application Architect,” a job that the Cleveland Fed says, “involves implementing new systems for CBDC, applying modern development standards and researching state-of-the-art technology practices.”

The Fed’s job openings indicate that Biden is not simply “investigating” replacing our cash with a CBDC but intends to implement the program … whether Americans like it or not.

 

Don’t let Joe Biden control YOUR bank account!

Upon finding the Fed’s online job advertisements this past weekend, Rep. Warren Davidson (R-OH) took to Twitter to expose the Biden plan ...

“The Federal Reserve is building the financial equivalent of the Death Star,” Rep. Davidson tweeted. 

“Central Bank Currency (CBDC) corrupts money into a tool for coercion and control.”

A CBDC gives governments the ability to erase bank accounts of political enemies, control where people are allowed to shop, and determine what they are allowed to buy.

A CBDC can even put an “expiration date” on funds, forcing people to spend money by a certain date and time, or the government simply takes it away. 

The Chinese Communist Party (CCP) has already issued its CBDC, called the digital yuan, and uses it as part of its “social credit score” that regulates people at home and around the world.

Further, when the government is your direct bank, it can withhold home loans, auto financing, and other fiscal instruments, not because of your credit, but because of your political inclinations or your poor social score for not supporting their favored initiatives and progressive ideals. 

If you want to buy a gas vehicle rather than an EV (Electric Vehicle), you could be blocked. 

If you want to buy a handgun, your transaction could be halted.

CBDC allows the government to individually monitor and control your purchases — even your charitable contributions.

Communist China already uses its own CBDC to impose each of the things mentioned above on its people, creating an inescapable level of scrutiny and control over its citizens.

Now, Joe Biden and his friends at the Fed are trying to implement this draconian financial control over the United States.

Tell Congress to VOTE YES on HR 1122, HR 3712, and S 887 to protect Americans from Biden’s CCP-like FedCoin!

Rep. Davidson says, “Congress must swiftly ban, then criminalize any effort to design, build, develop, test or establish a CBDC.” He’s right.

Thankfully, some freedom-minded members of Congress are taking a stand. 

HR 1122, the “CBDC Anti-Surveillance State Act,” and its companion bill in the Senate, S 887, seek to put an immediate STOP to Biden’s financial surveillance plans.

Please take a moment right now to sign our petition and fax Congress demanding that they protect our privacy and freedom. Demand Congress VOTE YES on HR 1122, HR 3712, and S 887.

Please also consider helping fund our crucial legal work. 

We just won a permanent injunction against the Providence Rhode Island School District that discriminated against after-school Good News Clubs. 

When school begins this year, parents will have the option to send their kids to these amazing after-school Christian clubs sponsored by Child Evangelism Fellowship.

Liberty Counsel never charges our clients. 

Few could afford to defend their rights against a government gone mad. Instead, they rely on friends like you, faithful Liberty Counsel supporters.

Every donation made today will be DOUBLED IN IMPACT by a special Challenge Grant. Please give generously today.

Mat Staver
Founder and Chairman
Liberty Counsel

 

Sources:

Antoni, E. J. “The Scary Fed Idea to Turn Your Dollars into a Digital Power Grab.” The Heritage Foundation, March 3, 2023. Heritage.org/markets-and-finance/commentary/the-scary-fed-idea-turn-your-dollars-digital-power-grab.

Davidson, Warren. “The Federal Reserve Is Building the Financial Equivalent of the Death Star. Central Bank Digital Currency (CBDC) Corrupts Money into a Tool for Coercion & Control. Congress Must Swiftly Ban Then Criminalize Any Effort to Design, Build, Develop, Test or Establish a #CBDC. Pic.Twitter.Com/9jwiyj5h2f.” Twitter, July 23, 2023. Twitter.com/WarrenDavidson/status/1683079077245120514.

Nagarajan, Shalini. “Financial Equivalent of the Death Star’: CBDC Jobs Multiply in Public, Private Sectors.” Blockworks, July 24, 2023. Blockworks.co/news/cbdc-jobs-multiply.


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