this post was submitted on 03 Jun 2026
193 points (99.5% liked)

politics

30048 readers
1884 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 3 years ago
MODERATORS
 

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

top 50 comments
sorted by: hot top controversial new old
[–] empireOfLove2@lemmy.dbzer0.com 104 points 1 week ago

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

Which step of the Nazi plan was debanking the Jews?

[–] SpaceNoodle@lemmy.world 74 points 1 week 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 1 week 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 1 week 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 8 points 1 week 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 4 points 1 week ago (1 children)
load more comments (1 replies)
[–] fan0m@lemmy.world 6 points 1 week 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 6 points 1 week 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.

[–] MisterCurtis@lemmy.world 54 points 1 week ago

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

[–] Jhex@lemmy.world 46 points 1 week 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?

[–] FreshParsnip@lemmy.ca 34 points 1 week ago (1 children)

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

[–] mrodri89@lemmy.zip 15 points 1 week ago

Exactly what I thought of.

[–] ThePowerOfGeek@lemmy.world 22 points 1 week ago (6 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.

[–] mrodri89@lemmy.zip 73 points 1 week 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 47 points 1 week 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 11 points 1 week ago (6 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.

load more comments (6 replies)
[–] FaceDeer@fedia.io 27 points 1 week 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."

[–] CaptDust@sh.itjust.works 12 points 1 week ago

They already want to label actblue as a terrorist org and go after anyone that's donated through the platform. This isn't even that far of a stretch.

[–] adarza@piefed.ca 5 points 1 week 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 18 points 1 week ago* (last edited 1 week ago) (1 children)

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

[–] whyNotSquirrel@sh.itjust.works 6 points 1 week ago (1 children)
[–] empireOfLove2@lemmy.dbzer0.com 8 points 1 week ago (1 children)

No no, only your liquid cash gets taken- debt is privately held and will never go away.

load more comments (1 replies)
[–] Drusas@fedia.io 4 points 1 week ago (1 children)

What about the accounts of Americans who donate to GoFundMe in support of immigrants?

load more comments (1 replies)
load more comments (2 replies)
[–] Archangel1313@lemmy.ca 20 points 1 week 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 15 points 1 week 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.

[–] Hux@lemmy.ml 17 points 1 week 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 10 points 1 week ago* (last edited 1 week ago) (1 children)

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

load more comments (1 replies)
[–] LoafedBurrito@lemmy.dbzer0.com 17 points 1 week ago

Stealing people's entire savings and closing their bank accounts is how people get radicalized and when you have nothing to lose, you have no limits.

This will backfire for sure.

[–] mokus@lemmy.blahaj.zone 14 points 1 week 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)

[–] schipelblorp@sh.itjust.works 14 points 1 week ago (2 children)

Dang, Trump is speed running the end of American Empire. Avast, ye swabs, the US dollar is about to go belly up.

load more comments (2 replies)
[–] Melvin_Ferd@lemmy.world 14 points 1 week 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 5 points 1 week ago (1 children)

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

load more comments (1 replies)
[–] RattlerSix@lemmy.world 13 points 1 week ago

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

[–] cmbabul@slrpnk.net 12 points 1 week ago (2 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 9 points 1 week ago (1 children)
load more comments (1 replies)
load more comments (1 replies)
[–] anon_8675309@lemmy.world 12 points 1 week ago

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

[–] barneyrubble@lemmy.world 11 points 1 week ago

So. All they have to do is say that they suspect you of a crime, then they get to seize your bank account. It doesn't even have to matter whether they think it's true or not, as long as they say that they think it's true.

[–] daannii@lemmy.world 11 points 1 week ago (3 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.

load more comments (3 replies)
[–] Lasherz12@lemmy.world 9 points 1 week ago

Wouldn't someone they're attempting to denaturalize be a valid target of that description?

[–] SabinStargem@lemmy.today 9 points 1 week ago

Wouldn't be surprised if he accuses members of congress and governors to be supporting immigration, such as Ilhan Omar. Thus, stripping them of income and trying to force his enemies to go with whatever he wants.

[–] kreskin@lemmy.world 9 points 1 week 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.

[–] Fredselfish@lemmy.world 8 points 1 week ago

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

[–] pomegranatefern@sh.itjust.works 8 points 1 week 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?

[–] Seaguy05@lemmy.world 10 points 1 week 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.

load more comments (1 replies)
[–] toast@retrolemmy.com 7 points 1 week ago

Invest in firearms

[–] SuiXi3D@fedia.io 4 points 1 week ago

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

To form an armed resistance and retake the government.

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

[–] sportsjorts@lemmy.zip 7 points 1 week ago* (last edited 1 week ago)

Mmmmmm I love living at the beginning of The Handmaid’s Tale.

load more comments
view more: next ›