Business & Finance Non-woke Banks
- Thread starter Abhorsen
- Start date
I want interest. Why would I not want interest? My issue is that I don't want them giving over info to the feds if I legally buy a gun or the like, like BOA does.
The idea that interest is woke is dumb, btw. Interest is capitalism at work, behaving normally.
The idea that interest is woke is dumb, btw. Interest is capitalism at work, behaving normally.
willdelve4beer
Well-known member
Pretty much every bank(or bank-like institution) (us or other) is required to share tax details with their customers' local governments, as well as the government of whichever nation they are headquartered in. Despite what Gordon Gecko might have claimed in the movies, finance is the first or second most heavily regulated industry on the planet. Every non-cash transaction is tracked by every involved firm, and reported on to a bevy of regulatory agencies. Law enforcement agencies, and a number of intelligence services, also have access to that information, either by formal (legal) methods, or more traditional ELINT & HUMINT data gathering. If you are actually concerned about someone reviewing your transaction details, your best defenses are: 1. stick to cash/barter, 2. stick to transactions below reporting threshholds (in the US it is normally $USD 10K, but that can drop depending on the circumstances), 3. layer your transactions behind complex corporate structures and tax write-offs (this is, bluntly, what the rich and the corporations do), 4. move your finances offshore to a more permissive (IE: Banking Haven) locale, and use a credit card issued by an offshore institution for all of your non-case spending, 5. rely on anonymity of masses, and simply keep your transaction flow sufficiently boring that no-one bothers looking for more answers, yet varied enough that oddities don't stand out. Most standing gray & black market groups mix and match from the above list.
regarding non-woke financial institutions. I'm afraid that currently it isn't a choice between woke and patriotic,, but between varying degrees of woke. Generally speaking, the larger the institution, the more likely it is to have decided to appease the hard-left. Regional firms are your best bet. The less well known, the better, as they are less likely to have attracted attention.
regarding non-woke financial institutions. I'm afraid that currently it isn't a choice between woke and patriotic,, but between varying degrees of woke. Generally speaking, the larger the institution, the more likely it is to have decided to appease the hard-left. Regional firms are your best bet. The less well known, the better, as they are less likely to have attracted attention.
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willdelve4beer
Well-known member
fun fact - the various US & international regulators provide handy (normally free, or de minimis cost) courses on how to prevent money laundering. (look for courses on AML) Like many such instances, a course on how to prevent/catch X is, effectively, also a course on how to get away with X.
King Arts
Well-known member
Because you might not want to pay back more than you borrowed? Whatever this isn’t a debate about usury and cucking to big banks.
As for banks that won’t report to the feds? The fact you are asking here means you are not rich enough to be a client. In the US banks have to disclose things to the federal government what you want is foreign banks ideally something from Switzerland, but again I doubt you are rich enough to fly over there and open a bank account. Though soomeone else already gave some other advice.
I'd like them not to willingly volunteer to give data about who has purchased guns to the FBI, nor for that matter track that data. Not too much to ask for, I don't think.
Also, I'm curious for places that aren't paying attention to ESG scores. Not picking the opposite of ESG, just ignoring it.
King Arts
Well-known member
Again probably foreign banks.
Bear Ribs
Well-known member
Your best bet here is to withdraw cash from the bank and make a cash purchase of a firearm. Note, however, that if you purchase from a gun store, pawnshop, or show, they are required to do a background check so your information will wind up in the FBI's hands anyway. You would need to do a cash-only purchase from another private citizen and that carries a serious risk that you're going to be purchasing a stolen firearm, or a legal one that was used in a crime, so you may wind up in hot water anyway.
Assuming you're remotely handy with tools you may want to consider building your own firearm. Eighty-percent receivers and the like can make this easier.
Yes, I know this. I do know how to evade basic stuff like this. What I want here however, is to not put money into a bank that would do this.
willdelve4beer
Well-known member
All financial institutions operating in the US, Canada (and most developed countries) are legally required to report information on transaction and balance activity to local tax (& in some cases, law enforcement) authorities. To avoid that - cash, barter, or tax haven.
Re: records of firearm purchases, - as mentioned, pretty much any purchase from a dealer requires a background check by federal law (unless you are a registered gun collector, which requires another set of federal checks to get that status in the first place). The exceptions would be private purchases direct from another private (Non dealer) citizen, which raise the risks noted above), straw buyer purchases (which are their own kind of illegal, and hence risky).
Your best bet, as mentioned, is to assemble your own firearm from parts, 3-D printers are your friend here, as 90% of a firearm does not need to be metal (unless you're shooting (heh) for a military or better-than-military grade weapon). The small portion that /does/ need to be metal currently does /not/ require background checks, AFAIK (could be wrong, haven't felt the need to check into it in detail lately). Even if registration is normally required for those portions, a decent metalworker could probably hook you up - the parts are not that complicated to fabricate.
Of course, you will still require ammunition for your weapon - unless you're an MIT grad or similar and are working on a home-made mag-rail weapon. In which case, if you can make it man-portable, the Pentagon and various defense contractors will be happy to pay you hilarious sums of money to show them how. Ammunition purchases don't require registration, but they are tracked once they pass above certain quantities. Also, last I heard, prices had skyrocketed as there was something of a shortage in most calibers.
I'm not talking about a warrant, I'm talking about this:
The BOA and others warrantlessly volunteering information to the FBI.
Again, I know how to acquire a gun without going on the books if I need to (3D printing/80%ing). What I don't want is to give my money to a bank that would volunteer information to a government without asking.
Bear Ribs
Well-known member
Alright, if guns are just the example and it's actually politics you're looking for, here's some starting positions:
Unfortunately, you're starting from a position of weakness, since cancel culture mostly comes from the left nearly any sorting system will favor giving you left-leaning banks and trying to search is usually by specific left-leaning goal, not conservatism and certainly not libertarianism.
Mighty Deposits lets you sort banks by social values.
mightydeposits.com
Open Secrets breaks down public information about what bank donated to what cause. This can help narrow things, if you see a wide spread of blue it's likely the bank is woke.
www.opensecrets.org
Unfortunately, you're also going to run into the fact that O'Sullivan's law is in full effect, any bank that isn't explicitly right-leaning in its mission statement is going to gradually be taken over by liberals over time and most banks are old, hence there's been a lot of time for taking over.
Unfortunately, you're starting from a position of weakness, since cancel culture mostly comes from the left nearly any sorting system will favor giving you left-leaning banks and trying to search is usually by specific left-leaning goal, not conservatism and certainly not libertarianism.
Mighty Deposits lets you sort banks by social values.
Mighty Deposits | Find banking that matches your values
Mighty helps you see what your bank invests in. Find local, ethical, and sustainable banks that match your values.
mightydeposits.com
Open Secrets breaks down public information about what bank donated to what cause. This can help narrow things, if you see a wide spread of blue it's likely the bank is woke.
Commercial Banks | OpenSecrets
OpenSecrets.org issue profile for Commercial Banks.
www.opensecrets.org
Unfortunately, you're also going to run into the fact that O'Sullivan's law is in full effect, any bank that isn't explicitly right-leaning in its mission statement is going to gradually be taken over by liberals over time and most banks are old, hence there's been a lot of time for taking over.
mrttao
Well-known member
Not talking about avoiding govt regulation.
Just avoiding woke stuff.
Govt can freeze your funds.
But banks have often frozen the funds of people without govt order for various reasons.
For example, gab had every bank and payment processor in the USA simply steal all their funds. For a time they subsisted on people mailing them cash (which ran the risk of theft by postal employees).
I think they eventually settled into working with a Christian credit union.
Somehow it is not illegal for banks to coordinate like that. because they are private corporations and read the fine print on your eula.
Very true. I'd hold it in just crypto, but as anyone familiar with crypto will tell you, either it's missing a practical way to extract it when needed, or it's not under your key (meaning it's not your crypto). Also, I don't want an emergency fund in a volatile asset.
This. I do like the convivence of a bank. It's incredibly useful. But until the Wyoming Full Reserve Bank gets going (if it does), I'd like a better option than my current one (Bank of America).
willdelve4beer
Well-known member
Then look for a smaller, regional institution (bank, credit union, etc). The big-name institutions are going to lean heavily towards woke, at least until some lawsuits are successful at securing hefty payouts for breach of fiduciary duty to shareholders/account holders.