this post was submitted on 03 Jun 2026
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politics

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So should we be pulling cash out right now or is that me just panicking?

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[–] anon_8675309@lemmy.world 4 points 1 hour ago

So the bank accounts of nearly every farmer in the USA?

[–] RattlerSix@lemmy.world 7 points 5 hours ago

Melania at the ATM tomorrow: Why my card no work?

[–] FreshParsnip@lemmy.ca 33 points 15 hours ago (1 children)

Remember in The Handmaid's Tale when all women suddenly lost access to bank accounts?

[–] mrodri89@lemmy.zip 11 points 15 hours ago

Exactly what I thought of.

[–] daannii@lemmy.world 8 points 12 hours ago (1 children)

Always wanted a reason to get a fake identity. Just never really motivated to do the work. Until now.

Or. I could Open a Canadian bank account. Could do that instead.

[–] quick_snail@feddit.nl 1 points 9 hours ago

Canadian bank accounts suuuck.

[–] mokus@lemmy.blahaj.zone 14 points 14 hours ago

So is money free speech or not?

(Yes, I know, the real answer is it depends on whose money and how much of it is in the unmarked envelope)

[–] cmbabul@slrpnk.net 17 points 18 hours ago (1 children)

I might start putting my cash into something that store its value and can be readily traded like I dunno cigarettes, firearms, salt.

[–] mysticalone@lemmy.world 7 points 13 hours ago

Toilet paper

[–] empireOfLove2@lemmy.dbzer0.com 131 points 1 day ago

Next: Anybody I don't like is an illegal immigrant.

Which step of the Nazi plan was debanking the Jews?

[–] SpaceNoodle@lemmy.world 89 points 1 day ago (1 children)

Ah, so they're working on new ways to ruin the lives of anyone who protests ICE.

[–] backalleycoyote@lemmy.today 32 points 18 hours ago (1 children)

Eh, well, despite the narrative that protestors are lazy and wealthy, most of us take a loss to get the day off to protest. Freezing my over-drawn account is not the worst thing to happen to me. By all means, make capitalism impossible, we’ll just be forced to barter and trade.

[–] Corkyskog@sh.itjust.works 12 points 17 hours ago (2 children)

Just want to point out that they are adding friction to commerce or making it "impossible" as you say for some people, but that isn't making capitalism impossible. Corporate Authoritarianism is basically the logical outcome of capitalism and we are there now.

Too many people conflate capitalism with commerce. You can totally have a different system and still have a similar type of commerce that we know today.

[–] Vandals_handle@lemmy.world 7 points 13 hours ago (1 children)

Yep. Too many entrepreneurs think they're capitalists. Small business owner operators protecting a system that protects the interest of financiers.

[–] prole@lemmy.blahaj.zone 3 points 5 hours ago (1 children)
[–] fartographer@lemmy.world 1 points 1 hour ago

Why's everyone making such a big deal? It's just a petit bourgeoisie!

[–] fan0m@lemmy.world 5 points 13 hours ago (1 children)

Corporate Authoritarianism is basically the logical outcome of capitalism

It’s funny (as in not at all) because I said the same thing a few years back and people thought I was crazy

[–] Corkyskog@sh.itjust.works 4 points 6 hours ago

The best way to demonstrate this is by playing Monopoly with a competitive family and not insisting to play strictly by the rulebook. The winners (capitalists) will invent all sorts of ways to keep the game dragging on while still inflicting financial pain on the other players. They will loan money at ridiculous rates, they will buy stuff off people out of turn so they can remain solvent, they will let them have just enough money to collect $200 by passing go, but not enough money to ever exit the game.

[–] Jhex@lemmy.world 64 points 1 day ago

Are they going to freeze Walmart's accounts if they find a single illegal immigrant working there? or just the immigrant bank account with peanuts they use to send some money to family back in wherever?

[–] MisterCurtis@lemmy.world 70 points 1 day ago (1 children)

Sounds like something that would trigger a run on the banks.

[–] FreshParsnip@lemmy.ca 2 points 15 hours ago
[–] kreskin@lemmy.world 11 points 19 hours ago

Trump admin seems to have about 1 scam per week, so this must be the pump and dump for cypto scam for this week.

[–] Melvin_Ferd@lemmy.world 15 points 20 hours ago (1 children)

I've been saying for years that the next big thing will be a bank run.

Hasn't been one in a while. Under utilized panic option. They'll make it happen soon enough.

[–] Corkyskog@sh.itjust.works 3 points 17 hours ago

I mean they could just stop propping up oil if they want a market crash.

Let’s pull some money out to buy some gold and silver just to be safe than sorry

[–] godsammitdam@lemmy.zip 4 points 17 hours ago

Should he shut down world liberty financial? Pretty sure they use crypto.

[–] Archangel1313@lemmy.ca 20 points 23 hours ago (1 children)

Lol! Weren't they all screaming about Canada being a fascist dictatorship for being able to do this, not too long ago? I wonder if they'll see the irony, or at least recognize the parallels here.

[–] Zombiepirate@lemmy.world 17 points 23 hours ago

Reactionaries don't make arguments based in what they believe, they do it to win. They literally couldn't care less about what is true, they say what is useful to believe to win the argument.

And pointing out their hypocrisy is a game to them; they love the fact that they're free to make up the rules as they go, unbeholden to their previous stance. Pissing people off is half the point of arguing for them.

[–] ThePowerOfGeek@lemmy.world 29 points 1 day ago (7 children)

Bit of a click-baity headline (though not your fault OP).

The sub-heading is clearer:

President Donald Trump has signed an executive order directing the Treasury Department to shut down bank accounts used to support illegal immigration.

[–] jasoman@lemmy.world 2 points 1 hour ago* (last edited 1 hour ago)

Saying you trust Trump is going to follow what hes says himself LUL

[–] mrodri89@lemmy.zip 109 points 1 day ago (1 children)

I just dont trust this administration to honestly go within those parameters. Suddenly anyone he doesnt like is an illegal immigrant.

[–] meco03211@lemmy.world 65 points 1 day ago (1 children)

Worse. If, for example, I, born and raised in the US and white as fuck, use a bank account to pay for Mexican food, and that business gets targeted by ICE because their racist pieces of shit, they could decide to close my bank account. They could say I was supporting illegal immigration.

[–] wheezy@lemmy.ml 8 points 21 hours ago (2 children)

Yes. But you don't even have to buy the Mexican food. There are infinitely many scenarios they can come up with for liberals to keep justifying the line moving.

These types of "reasons" are not the fascist "finding loopholes". It's just a means of keeping the illusion of the systems still operating. If the system is still operating then "we can take it back". It's for liberals to believe that if they were tarkets that they could "justice" their way out. That maybe they'll even be protected by their white privilege.

Fascist don't let you take it back using the system. When the midterms don't go well. We'll have liberals continue to fight to "fix the system". We'll get "justice for the voters" and lawsuits that go nowhere. We'll get a couple well intentioned politicians that speak out against the fascist. Allowed to speak only so long as they are needed to maintain the illusion of a fight. Spending the next two years moving the line with each step so we can pretend the system is still saveable.

Buy your Mexican food. If you're a target it won't matter what reason they use to justify taking you. Better than getting your lunch at a corporation that supports this.

[–] prole@lemmy.blahaj.zone 0 points 5 hours ago (1 children)

fascist Republican administration does something evil and fascist

"Those goddamn fucking liberals"

[–] wheezy@lemmy.ml 1 points 2 hours ago* (last edited 2 hours ago)

Read a history book mate. I'm using history to understand the present. Hell, Wikipedia can help you. This isn't about shitting on individual people in this country that call themselves "liberals". This is about understanding how liberal democracy enables the rise of fascism and why it is insufficient in stopping it.

[–] WoodScientist@lemmy.world 4 points 17 hours ago (1 children)

@remindme@mstdn.social 154 days

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[–] FaceDeer@fedia.io 41 points 1 day ago (2 children)

Tomorrow: "President Trump accuses the Democratic Party of being in support of illegal immigration, attempts to shut down the bank accounts of all members."

[–] adarza@piefed.ca 4 points 17 hours ago

why stop there? many entire cities... states, even.. have opposed this bullshit and now risk having their financial accounts drained by the dicktator in chief.

[–] mrmisses@lemmy.world 29 points 1 day ago* (last edited 1 day ago) (3 children)

So if I am in support of immigration is my bank account going to be taken?

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[–] Hux@lemmy.ml 22 points 1 day ago (1 children)

So, he couldn’t get his $1.8b slush fund, so he’s creatively forming a pretext to financially kneecap his enemies and likely siphon off a ton of money while doing it.

[–] fira@lemmy.today 11 points 23 hours ago* (last edited 23 hours ago) (1 children)

Please, it’s 1.776 billon specifically. For no particular reason ofc

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[–] pomegranatefern@sh.itjust.works 7 points 20 hours ago (3 children)

Okay... let's go ahead and assume that, for the sake of worst case scenario planning, there is a real risk of this being used against people who have protested ICE, donated to bail funds for anti-ICE protestors, donated to immigrant solidarity funds, etc., as well as against their loved ones.

What is the best move for Americans in this scenario to protect themselves? Are foreign bank accounts a safe option? If so, what would the best move be? If not, what other good moves are there?

[–] SuiXi3D@fedia.io 6 points 16 hours ago

What is the best move for Americans in this scenario to protect themselves?

To form an armed resistance and retake the government.

[–] Seaguy05@lemmy.world 18 points 20 hours ago (1 children)

My guess is, since businesses seem to have more rights and privileges than people, open an llc in Delaware and use the business account to donate. On one hand the business taking a fall could set a precedent we'd all benefit from. On the other, you can use it as a tax deduction.

I don't know what I'm talking about, don't take this seriously.

[–] partofthevoice@lemmy.zip 4 points 18 hours ago

I don't know what I'm talking about, don't take this seriously.

Shit. I almost hired you to my top law firm.

[–] toast@retrolemmy.com 8 points 18 hours ago

Invest in firearms

[–] Fredselfish@lemmy.world 14 points 1 day ago

So Western Union and Cash App etc will need to be shut down?

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