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John Eastman Speaks Out After Bank Of America, USAA Shut Down His Accounts

Posted on 4/17/24 at 9:53 am
Posted by Auburn1968
NYC
Member since Mar 2019
19427 posts
Posted on 4/17/24 at 9:53 am
Another form of leftist attack on a Trump lawyer. Banks do this without any recourse, explanation or judicious appeal. Local community banks or credit unions are safer havens from this kind of crap.


‘Rather Despicable’: John Eastman Speaks Out After Bank Of America, USAA Shut Down His Accounts

quote:

One of the left’s biggest political targets recently found himself “de-banked” with no warning and little avenue for recourse, the Daily Caller has learned.

John Eastman, once an attorney for former President Donald Trump, was de-banked twice in the span of several months by two prominent financial institutions, Bank of America and USAA, he told the Daily Caller. His accounts were closed as he faced substantial backlash for his work advising Trump around the time of the 2020 election.

Eastman said he had switched most of his banking from Bank of America to USAA, a company that provides financial services exclusively to military veterans as well as their families, due to the former’s “wokeness.” Both corporations are federally insured, and Bank of America was bailed out with billions of dollars in taxpayer funds during the global financial crisis.

Bank of America alerted Eastman in September of 2023 that it would be closing his accounts, a letter obtained by the Daily Caller shows. Shortly thereafter, USAA notified Eastman in November that his two bank accounts with the company would be closed, a separate letter shows.


https://dailycaller.com/2024/04/16/john-eastman-donald-trump-attorney-debanked-bank-of-america-usaa/
Posted by BayouBlitz
Member since Aug 2007
15842 posts
Posted on 4/17/24 at 9:55 am to
So banks should be forced to do business with him, by the government?

Small government conservatives, folks.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70951 posts
Posted on 4/17/24 at 9:55 am to
It should be illegal for a bank with assets over a certain threshold to close an account for any reason other than default.
Posted by CGSC Lobotomy
Member since Sep 2011
80013 posts
Posted on 4/17/24 at 9:56 am to
So USAA is woke now too? That's what happens when they make a non-veteran their CEO.
Posted by Longhorn Actual
Member since Dec 2023
912 posts
Posted on 4/17/24 at 10:01 am to
quote:

Local community banks or credit unions are safer havens from this kind of crap.



Just wait until the smaller banks are overexposed to certain asset classes, those markets are intentionally destabilized, and the big banks who are flush with cash swoop in to buy them, consolidating banking into a small monopoly and limiting your options, thus giving them even more control.

Nah, probably never happen.
Posted by teke184
Zachary, LA
Member since Jan 2007
95006 posts
Posted on 4/17/24 at 10:01 am to
quote:

So banks should be forced to do business with him, by the government? Small government conservatives, folks.


SOP is that the banks say they are closing the accounts but refuse to say why.

Past precedent has shown that the administration has threatened banks if they don’t shut down accounts tied to disfavored industries such as legally selling weapons.



If the banks want to be transparent with WHY they are shutting down accounts, there is less issue.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70951 posts
Posted on 4/17/24 at 10:06 am to
quote:

So banks should be forced to do business with him, by the government?

Small government conservatives, folks.


He didn't overdraw or fail to pay a loan.

If BoA wanted to refuse service to black people I don't think they would find much sympathy among small government conservatives.

I also find it interesting that BoA has no problem taking corporate welfare that was confiscated from the paychecks of conservatives.
Posted by cajunangelle
Member since Oct 2012
146614 posts
Posted on 4/17/24 at 10:06 am to
That you justify this as normal with your fake platitudes that the govt doesn't already control BOA via buyouts and board members placed-- is beyond words.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35049 posts
Posted on 4/17/24 at 10:06 am to
quote:

So banks should be forced to do business with him, by the government?



He should just say he wants his checks in the shape of a penis and then they'd have no choice but bank him.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
2200 posts
Posted on 4/17/24 at 10:09 am to
quote:

So banks should be forced to do business with him, by the government?

Small government conservatives, folks.


What a pile of crap take on a situation.

Smooth brained liberal, folks.
Posted by OzonaOkapi
Patrolling the Edwards Plateau
Member since Apr 2024
400 posts
Posted on 4/17/24 at 10:17 am to
quote:

It should be illegal for a bank with assets over a certain threshold to close an account for any reason other than default.
"There should be a law ..."

Seriously, douchey move by the banks, but do we really want the federal government dictating yet ANOTHER area in which a business will be REQUIRED to interact with the public?

It seems to me that small government advocates would want to see us ROLLING BACK those sorts of mandates.
Posted by tjv305
Member since May 2015
12511 posts
Posted on 4/17/24 at 10:17 am to
quote:

So banks should be forced to do business with him, by the government? Small government conservatives, folks.


Businesses should have to treat people equally. Would the media , government and democrats be ok if most Trade businesses stop offering service to them when they have conservative who need service? We all know if this was a democrat things would be different.
Posted by AUauditor
Georgia
Member since Sep 2004
986 posts
Posted on 4/17/24 at 10:23 am to
quote:

So banks should be forced to do business with him, by the government?


No, busienesses should coordinate with the party in office to punish their political enemies like any good Fascists country.

The Nazi party said Jews were evil, then they were de-banked. Dems say the GOP is evil, then they will be de-banked. I see nothing wrong here.

Posted by Bwmdx
Member since Dec 2018
2753 posts
Posted on 4/17/24 at 10:39 am to
Just wait until there is no more paper or metal money and everything is electronic. The govt, with a couple keystrokes will completely exclude you from selling or purchasing anything.
Posted by FredBear
Georgia
Member since Aug 2017
14979 posts
Posted on 4/17/24 at 10:45 am to
quote:

So banks should be forced to do business with him, by the government?




So if a bank refuses to do business with someone because they're black you will support them.

Right?
Posted by ChewyDante
Member since Jan 2007
16917 posts
Posted on 4/17/24 at 10:47 am to
quote:

What a pile of crap take on a situation.

Smooth brained liberal, folks.


It's actually yet another perfect example of their true nature. They don't give af about adherence to universal principles on anything. They are not good faith actors. The sooner we understand and come to terms with the reality of the current age nature of the American political left, the better we will be able to formulate a capable opposition to them and we can stop the mass delusion we have regarding what we are up against.
Posted by klrstix
Shreveport, LA
Member since Oct 2006
3202 posts
Posted on 4/17/24 at 10:49 am to
quote:

Just wait until there is no more paper or metal money and everything is electronic. The govt, with a couple keystrokes will completely exclude you from selling or purchasing anything.


The beauty of digital currency and all for our own good...

Posted by roadkill
East Coast, FL
Member since Oct 2008
1834 posts
Posted on 4/17/24 at 11:00 am to
quote:

Smooth brained liberal


redundant
Posted by Vacherie Saint
Member since Aug 2015
39417 posts
Posted on 4/17/24 at 11:04 am to
quote:

Seriously, douchey move by the banks, but


Stopped reading right there.

Now bake my gay wedding cake motherfricker
Posted by thermal9221
Youngsville
Member since Feb 2005
13221 posts
Posted on 4/17/24 at 11:07 am to
I can’t wait till the government you support confiscate things from you via corporate methods.

Because it will happen.

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