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Treasury Department declares IRS will monitor transactions of all U.S. bank accounts over $600

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Joe Biden’s Treasury Department announced Thursday an invasive new initiative tasking the federal government to audit virtually all financial transactions of Americans with bank accounts holding at least $600.

The Treasury document, called “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals,” outlines how every individual bank account with over $600 will be monitored by the Internal Revenue Service (IRS).

“This proposal would create a comprehensive financial account information reporting regime. Financial institutions would report data on financial accounts in an information return. The annual return will report gross inflows and outflows with a breakdown for physical cash, transactions with a foreign account, and transfers to and from another account with the same owner,” the memo states.

“This requirement would apply to all business and personal accounts from financial institutions, including bank, loan, and investment accounts, with the exception of accounts below a low de minimis gross flow threshold of $600 or fair market value of $600.”

This proposal will also “apply to crypto asset exchanges and custodians.”

Patrick Hedger, vice president of policy at the Taxpayers’ Protection Alliance, told the DailyMail the Treasury’s move blatantly violates the Fourth Amendment, which protects citizens from unreasonable search and seizure.

“The IRS is first and foremost, a law enforcement agency, and the Fourth Amendment protects against unreasonable searches and seizures in pursuit of, of looking for wrongdoing and criminal actions, so I think this is going to run into severe Fourth Amendment headwinds,” Hedger said.

Hedger also said this targeting of lower income Americans amounts to the “ultimate regressive tax.”

“You’re going to push more folks into small cash transactions, you’re going to push more banking offshore … the big fish out there that do have sizable assets that are that are eligible for taxation offshore. This is the ultimate regressive tax,” Hedger said. 

“You’re going to end up punishing the worst off among us … the lower income folks in this country have historically been the targets of aggressive IRS audits because they don’t have the CPAs and the lawyers to be able to fight back,” he added.

This move comes in tandem with Biden’s edict requiring businesses to force their employees to get the COVID-19 vaccine.

READ THE UNITED STATES TREASURY’S DOCUMENT:

General Explanations FY2022 by Jamie White

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mRNA vaccines weaken immune system even after COVID-19 recovery, according to UK data

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Photo: Politico

COVID-19 vaccines appear to inhibit the body’s natural ability to produce antibodies, leaving vaccinated people vulnerable to infection.

The alarming information was contained in the UK government’s latest “COVID-19 vaccine surveillance report,” which noted that “N antibody levels appear to be lower in people who acquire infection following two doses of vaccination.”

Vaccine researcher Alex Berenson first highlighted the UK government’s alarming admission, warning it means vaccinated people will never be able to acquire full immunity even after they’ve recovered from an infection.

“What the British are saying is they are now finding the vaccine interferes with your body’s innate ability after infection to produce antibodies against not just the spike protein but other pieces of the virus,” Berenson explained.

“Specifically, vaccinated people don’t seem to be producing antibodies to the nucleocapsid protein, the shell of the virus, which are a crucial part of the response in unvaccinated people.”

The result is “vaccinated people will be far more vulnerable to mutations in the spike protein EVEN AFTER THEY HAVE BEEN INFECTED AND RECOVERED ONCE,” Berenson writes.

“It also means the virus is likely to select for mutations that go in exactly that direction, because those will essentially give it an enormous vulnerable population to infect. And it probably is still more evidence the vaccines may interfere with the development of robust long-term immunity post-infection.”

Berenson’s research dovetails with results from an independent study conducted by an Illinois physician who demonstrated how the COVID vaccine suppresses the body’s adaptive immune system, leaving vaccinated individuals more susceptible to illness and possibly explaining the phenomenon of “breakthrough infections.”

“If they have this low [immunity] and it stays and it persists… and that adaptive immune system response persists… it’s going to have a bad response to any other kind of viral infection,” claimed Dr. Nathan Thompson.

“If you looked at that blood work, would you say that this person is very susceptible to having another viral infection, and maybe…you just might call it a breakthrough infection, you guys see that? A breakthrough infection.”

“Could it be that after this maybe this is happening in a lot of people and leaving them wide open to have breakthrough infections after that?” the doctor questioned, imploring other doctors to conduct their own tests.

COVID-19 vaccine developer Dr. David LV Bauer also admitted the jabs destroy the body’s immune response, lowering crucial antibodies necessary to fight off disease.

Last week, Berenson during an appearance on the ‘Joe Rogan Experience’ also broke down how UK government data also showed double-vaccinated individuals contracted COVID at higher rates than unvaccinated people.

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Washington Post editorial board calls for United States military invasion of Haiti

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Photo: Associated Press

The Washington Post editorial board is calling for yet more military action in foreign nations, this time much closer to home in a seeming throwback to the era of the Monroe Doctrine.

“Haiti’s spiraling mayhem, florid lawlessness and humanitarian meltdown were predictable following the assassination of President Jovenel Moïse in July,” the op-ed published earlier in the week began. “In a country already crippled by governmental dysfunction, the vacuum of political legitimacy and authority after that murder left a breeding ground for anarchy.”

The article links Biden administration ‘inaction’ with the recent kidnapping of 17 Ohio-based missionaries in Port-au-Prince. Currently, a criminal gang is demanding $17 million for their release, as FBI agents are reportedly on the ground searching for clues as to where they are being held.

“The mess was largely ignored by the Biden administration, which has been preoccupied with other crises, until the kidnapping Saturday of 17 missionaries — a Canadian and 16 Americans, including five children — near the Haitian capital of Port-au-Prince,” WaPo continues.

“Now the maelstrom in the hemisphere’s poorest nation is no longer ignorable,” the editorial board writes.

Here are the key lines calling for US military action:

Yet for all its unintended consequences, outside intervention could also establish a modicum of stability and order that would represent a major humanitarian improvement on the status quo, and with it, the prospect of lives saved and livelihoods enabled.

In 2010, the U.S. sent a major Navy and Marine deployment to Haiti as part of Operation Unified Response in the wake of a deadly earthquake that devastated the country. Also this summer, a couple hundred Marines were sent in response to an earthquake that resulted in the deaths of more that 2,000 Haitians. 

The editorial board concludes, “In the cost-benefit analysis that would attend any fresh intervention, policymakers must be alert to the risks, but also to the enormous peril of continuing to do nothing.”

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How Florida could save Christmas: Port authority tells cargo vessels waiting to dock in California to divert via Panama Canal to The Sunshine State where there are no backlogs

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Photo: FreightWaves

Florida port authority is inviting steamships waiting to dock in California to divert via the Panama Canal to The Sunshine State, where there are no backlogs.

The Jacksonville Port Authority said it’s the solution to an unprecedented logjam at The Ports of Los Angeles and Long Beach, where weeks-long queues are slowing commerce ahead of the year’s busiest shopping season.

It’s a sharp contrast from the scene in Jacksonville, which officials said has maintained terminal fluidity – and set a new container volume record – despite market disruptions.

Read more and view other content from the Daily Mail.

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