Can Donald Trump Arbitrarily Take Money from Anyone’s Bank Account?
Can Donald Trump Arbitrarily Take Money from Anyone’s Bank Account?
The Trump administration debited $80.5 million from New York City’s bank account, raising alarms about the reliability of the U.S. dollar.
The federal government’s debiting $80.5 million from New York City’s bank account suggests yes
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Donald Trump can do anything he wants. He always has, nobody has ever stopped him, and realistically, nobody ever will.
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So, this is a special situation, as it was a scheduled payment under a contract with NYC, relating to a migrant housing program. The payment was made just before everything got DOGEd, and when DOGE found out, it lost its collective shit and forced the payment to be reversed.
However, all you really need to make a debit out of a bank account is a routing number, account number, and proper authorization.
DOGE can apparently manufacture authorization out of thin air. And I bet it has everyone's routing info and account information from everyone who has ever filed a return with the IRS and used Direct Deposit (or paid by check in the mail).
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You're glossing over the most important word:
The payment was made just before everything got DOGEd
It was a valid payment, not made in error. They decided after the fact that they didn't like the valid payment, and reversed it. This likely involved fraud, because that's not a valid reason to reverse a payment.
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This likely involved fraud, because that's not a valid reason to reverse a payment.
Well, DOGE would totally say "No U" and assert that the program was fraudulent in the first place, because they don't agree with it politically.
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Not a valid reason according to who? The monkeys are running the circus now. There are no rules.
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So in summary start shoving money into the air duct like my great-great-grandfather used to do got it.
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This. It gives me such anxiety.
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Sounds like a good reason to move my money outside the reach of the US government. I’m sure that will help boost our economy and provide certainty.
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The answer is, as always, "yes, as long as no one stops him".
At this point, Trump is simply saying "I will do this, this, and that", testing to see if anyone will say "no, you can't!"But apparently, no one will.
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Reverse UNO! I've got next to nothing in my account. Wring that rock!
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They always could, they just never did it because they weren't a bunch of moronic toddlers.
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The govt has always been able to garnish wages or sieze assets, yes, which is one of the intended upsides of a decentralized crypto currency (disregarding all of the downsides).
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he should do Musk's
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Not mine. It’s empty! Hahahahahaha 😥