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Saturday, April 25, 2015

(Stamp Stampede-related) Banks Would Likely to Silence Your "Speech" If They Don't Like The Message


Here's an anecdote I would like to share it with you.  

There is a small bank called US Bank at the Student Center in University of Missouri - Columbia. I came here to get more five dollar bills to stamp on by exchanging with a twenty dollar. When I handed my stamped twenty dollar to a bank lady, she told me I shouldn't stamp on it anymore because I am defacing it. 

Now keep in mind that this lady worked at the bank for more than 20 years and she have seen stamped bills like 'where's George' many times before. When I gave a stamped bill to her for the first time, she said it reminded her 'where's George' dollars she got from the past. 

After she said I am defacing it, I replied to her it is legal to stamp on money and also a "free speech." However, she also said that the bank can "silence" my "free speech" if they don't like it.

This reminds me of this story about how Senator Elizabeth Warren met JP Morgan Chase CEO Jamie Dimon. It was featured in the afterwords from Warren's autobiography A Fighting Chance. When Dimon demanded more risky bank deregulation in front of her, Warren was furious and call him off for a possibly illegal act. Dimon laughed off and said, "So hit me with a fine. We can afford it." Which means Jamie Dimon already bought many legislators in the House of Congress and literally he runs the government. You can check out The Young Turks's report below:
Now, US Bank is nowhere near big or corrupted as JP Morgan Chase, but it seems like within a banking industry, bankers doesn't like when people speak out against money in politics and demand for prosecuting bankers who were part of the 2008 economic recessions. As you can see an image from the top, this guy mentioned how his bank shreds Stamp Stampede dollars whenever they ends up in ATM. 

This is outrageous. The banking industry knew we are coming after them. They are afraid we are turning money into weapons against them, even though Citizens United ruling (or Buckley v. Valeo) technically allowed us to speak out against money in politics through "free speech."

I am not going to make any speculation whether the banking industry would pressure the Congress to propose some restrictions on stamping dollars, but I feel like they would most likely to do so in order to "silence" our "speech."

The campaign's founder Ben Cohen's lawyer already prepared a legal opinion regarding the issue of stamping dollars and you can read and download the it right here. And when the bank tells you something about "defacing" dollars, just show them this legal opinion and tell them how it is not illegal. But just to be clear: it is ILLEGAL to destroy paper currency or deface it so much that it’s no longer recognizable. What we are doing is a legal and we want our dollars to be circulated as much as possible! 

I have seen many people on Instagram founded Stamp Stampede bills all over the country. Even within Columbia, Missouri! So don't give up. The point of this campaign is to spread the message much as possible.

As Marshall McLuhan said, "the medium is the message."

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