from PUTIN to duestche bank to TRUMP.

Hmmm. How would PUTIN gotten the money to Trump without the bank that's still in business?

Of course not, just like rich non-citizens will have exceptions made for them. The rules only apply to the poors.

I hope it fucking hurts, too.

I knew a guy who boiled his sliced bread because the toaster was broken

Have I got a man for you.

Edit: I kinda forgot that this comment was about Trump. This dude is great, but... just watch the video, you'll see what I mean 😆

No, they should put it in the safest store of value Trump Coin, or whatever crypto BS his sons are hocking these days.

What are the odds this is some weird play he's doing on his/his sons stable coin?

Let’s pretend this passes and becomes law.

It's en executive order. Nothing to pass, and it probably will get defeated in court unless they can venue-shop and route it to a corrupt judge.

You don't even need to be a permanent resident now, you just have to have a taxpayer ID number (a TIN).

The problem isn't citations, it's the legislative branch and the courts not doing their duty of oversight.

The article makes it sound like Trump's racism against Somais and hatred of Ilhan Omar has a basis in fact and sanewashes his invasion of US cities by armed goons. Not unusual for the often-shoddy journalism of the oligarch-owned Independent.

One thing that is correct that many people posting here seem not to understand is that there is no current residency requirement to open a bank account in the US. Some banks will refuse because of their own policies, but that's it. You have to prove your identity, not your lawful residency status.

be a citizen to own a home, etc

That's part of the point, eventually. You just start narrowing who's a "citizen" from there. It's why they want to get rid of birthright citizenship so badly, because then you can make up whatever test you like, and potentially even say "alright, NOBODY is a citizen unless you go and present yourself for racial profiling/pass a test/etc" or whatever.

Corporations have the same rights as human beings. Corporations are in fact, in the eyes of the law, people.

this is their goal, they're trying to collapse the US economy. disaster capitalism is all that's left when all other fields are taken/captured by effective monopolies. there's no room for organic growth, just smashing shit to the ground and buying up distressed assets on the cheap

we have done this boom/bust cycle many times now

My understanding is that FDIC means you can't really do a bank run, the bank can just get its money back from the feds

Having done as much research into this as the average mom does into vaccines…

I’m convinced that this is a monkey throwing poop at the wall to see what sticks. Monkeys don’t seem to have much of a cohesive plan, it’s just kinda funny to throw shit.

Aileen is pretty busy these days I hear.

The regime actually does this, sometimes, like with the illegal tariffs. They site the law they pretend lets them do what they want to do, even when it really doesn't.

You can’t really kill them. Technically it’s just the President saying do X or Y.

On their own, they have no effect in law.

They only instruct the Executive Branch on how to operate WITHIN existing law.

The voter ID law is a clue - anyone who has a name different than what is on their birth cirtificate. Women who take their husbands names don't need to be able to vote or have bank accounts, they have husbands for that!

Yep. The courts could sort of solve this with a large rubber stamp that says “Nope”, but our court system has been replaced by a tall Australian Marsupial.

Corporations are in fact, in the eyes of the law, people.

People, sure. But are they Citizens? They can't vote, they can't run for or hold office, so it seems they aren't.

Ooh, don't say that out loud, citizens united might hear you

I wonder if the goal is to push more people into crypto to prop it up?

In 20 years, we'll be hearing President Amazon's state of the union address, followed by a rebuttal from Senator Walmart.

I think that's backwards. If anything the files are the distraction from the fascist takeover of the country.

They'd go to corporate bonuses.

So now republicans are cool with the government telling businesses who they can and cannot do business with?

I'm not sure whether to file this one under projection or just good old bigotry.

If your bank is legally required to unilaterally take your wealth from you at the whim of Trump, everyone with wealth will put it elsewhere. Historically, bank runs are much harder to stop than start.

The same concern looms over govts threatening to sieze accounts that belong to the Kremlin over Ukraine. If anyone does it, they are implicitly signaling to their other clients that their funds are not safe from political strife.

The executive branch seems a bit... Too expanded if that's the case.

Well much of what he is ordering is already illegal. So passing more laws sort of justifies his lawlessness.

What is a superPAC?

One thing that is correct that many people posting here seem not to understand is that there is no current residency requirement to open a bank account in the US

okay… but… why is that a problem?

The goal is to fuck over immigrants and poor people, and they don't care who ends up as collateral damage.

I'm sure this is the way to solve the affordability crisis.

I think this will ultimately lead to Trump hoovering up the wealth of his enemies, by closing accounts and having banks transfer the assets to his own hoard. DOGE stole information from the treasury, so Trump has a list to work with.

So now republicans are cool with the government telling businesses who they can and cannot do business with?

Democrats are cool with it too.

When it passed, 80% of the democrats in the Senate voted YES for the Immigration Control and Reform Act of 1986; which is the law that makes it illegal for business to hire undocumented people. It was later signed into law by Reagan. More Democrats actually voted yes for that bill than Republicans. The bill was even introduced into the house by a Democrat.

What a 180 the left has done on immigration.

"draconian and completely unnecessary" was kinda the platform they ran on. =\

Damn. Instead of releasing the Epstein files, he's really gonna shoot the USD in the foot some more. I bet they're stupid enough to also try to confiscate that money. Watch those Benjamin's become toilet paper real quick.

It's not.

Maybe she'll bootlick herself into an early grave.

Just try, and suddenly they'll slap exchange controls on us.

That would cause bank runs and crash the economy.

They are one in the same thing.

Not to mention the fear. If they are first, what next people who say bad things about dear leader.

I think what they are saying is if everytime Congress creates an agency and puts it under the executive it expands the power.

That will be the ultimate outcome. At this point I would be preferred to be paid in gold and silver.

All the easier for ICE to take.

Now I see where the ICE bonuses are going to come from