MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘frozen accounts’

Why The Money in You’re Bank Account is Not As Safe as You May Think | The Daily Bell

Posted by M. C. on June 11, 2017

http://www.thedailybell.com/news-analysis/why-the-money-in-youre-bank-account-is-not-as-safe-as-you-may-think/

Banks are supposed to be the epitome of secure. You can put your money in their vaults, and forget about it. Don’t worry everything will be fine. And even if the bank goes under, the federal government insures deposits of up to $250,000.

But that won’t help if the government is the thief. The United States government can freeze your bank accounts for basically no reason, without due process. Then it is up to you to prove your innocence. Read the rest of this entry »

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