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re: Treasury Secretary Bessent: if you’re on public assistance, you can’t wire money out

Posted on 1/8/26 at 10:16 pm to
Posted by riccoar
Arkansas
Member since Mar 2006
5136 posts
Posted on 1/8/26 at 10:16 pm to
Means they know something. Bessent also said likely up $600 Billion in fraud per year
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
21926 posts
Posted on 1/8/26 at 10:21 pm to
Posted by schexyoung
Deaf Valley
Member since May 2008
6720 posts
Posted on 1/8/26 at 11:58 pm to
Goodness. This isn’t a mortgage down payment or a binary SDN list issue. The fact sheet gives no details as expected.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
54851 posts
Posted on 1/9/26 at 3:10 am to
quote:

They need to figure out how to stop them from using crypto though.


That would kill the crypto markets so no
Posted by Kenna City Solja
America’s City
Member since Nov 2025
1161 posts
Posted on 1/9/26 at 3:14 am to
quote:

How do they stop it?

It won’t stop anything

They will just pay a percentage to trusted members of their community who aren’t on welfare to do it for them
Posted by Victor R Franko
Member since Dec 2021
3509 posts
Posted on 1/9/26 at 3:27 am to
quote:

They will just pay a percentage to trusted members of their community who aren’t on welfare to do it for them

New law incoming to stop that. Call it money laundering or something.
Posted by shinerfan
Duckworld(Earth-616)
Member since Sep 2009
28544 posts
Posted on 1/9/26 at 3:41 am to
I have no problem restricting the rights of people on publuc assistance. Don't like it? Dpn't ask me to pay your bills. But I don't see how this works. Bessent seems like a serious guy though and I imagine he has a plan. He's not just throwing put random thoughts.
Posted by Night Vision
Member since Feb 2018
22049 posts
Posted on 1/9/26 at 5:00 am to
They'll take cash or a check to Western Union and they'll wire it.
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
19829 posts
Posted on 1/9/26 at 5:19 am to
It galls me this is a 'new' thing.

Getting taxpayer monies and then remitting it to people in another country should be, and should have been for decades, considered fraud and theft thus providing the criminal basis for deportation or visa cancellation automatically.

Should really look hard at student visas and HB-1 visas also, not just fraud hotspots.
Posted by cadillacattack
the ATL
Member since May 2020
10825 posts
Posted on 1/9/26 at 5:24 am to

This is the way …
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5193 posts
Posted on 1/9/26 at 8:18 am to
quote:

That would kill the crypto markets so no


This is the most profound, poetic, and poignant response I’ve read about the current state of crypto.
Posted by Usmc
Member since Oct 2024
498 posts
Posted on 1/9/26 at 8:26 am to
quote:

I work in banking. Are they going to send us a list lol. How is this going to work?



I mean, a simple database that you type a name into, and it gives you a simple green go, red nogo would suffice.

Penalties of 5 years in prison and 1 million dollar fine + revoking bennifits for those that violate.
Its not rocket surgery.
Posted by Marye
Member since Oct 2020
549 posts
Posted on 1/9/26 at 8:35 am to
.
This post was edited on 1/9/26 at 8:56 am
Posted by Vacherie Saint
Member since Aug 2015
47628 posts
Posted on 1/9/26 at 8:36 am to
RelentlessStupidity isn’t going to like this one bit.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
24024 posts
Posted on 1/9/26 at 8:37 am to
quote:

it’s almost like the people running the gubment before Trump we’re incompetent retards or all on the take


They knew. It's a vote buying operation. All the way down to admitting certain nationalities through asylum.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
54851 posts
Posted on 1/9/26 at 12:02 pm to
quote:

That would kill the crypto markets so no This is the most profound, poetic, and poignant response I’ve read about the current state of crypto.


You can literally buy Bitcoin on cash app… why do we think there’s bitcoin ATMs in the hood? People buy drugs with it
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