Old Glory Bank Blog

Co-Founder John Rich Delivers Strong Critique of Government Intrusion

Written by Old Glory Bank | Feb 28, 2024 1:15:00 PM

Country Superstar John Rich Delivers Strong Critique of Government’s Intrusion into Americans’ Personal Banking

We will not voluntarily turn your information over to the federal government when they call us.” – John Rich


ELMORE CITY, OK–Old Glory Bank’s co-founder John Rich had this to say about the federal government’s intrusion into Americans’ personal banking transactions, as uncovered by the Congressional Select Committee on the Weaponization of the Federal Government.

“If you would have said this was going to happen even a couple of years ago, people would have said ‘that’s conspiracy theory,’ ‘that’s ridiculous,’ ‘that’s hyperbole.’ But here we are. It’s actually happening. A lot of patriots built Old Glory Bank to be an option from the woke federally controlled banking system we have in this country right now.

“The whole theme behind Old Glory Bank is that you will not be penalized for exercising your Constitutional rights. We will not turn your information over to the federal government when they call us.” See the video here.

“A fundamental tenet of American liberty is to be protected from illegal search and seizure,” added Eric Ohlhausen, Co-Founder and Chief Strategy Officer. “If any financial institutions assisted the Government in violating the Constitutional rights of their customers, those banks should immediately come forward and disclose what they did.”

Background

Committee Chair Jim Jordan revealed recently that the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) warned financial institutions to flag “extremism indicator” transactions where words like “MAGA” and “TRUMP” or the purchase of faith-based books were involved. According to the subcommittee, the federal government “urged large financial institutions to comb through the private transactions of their customers for suspicious charges on the basis of protected political and religious expression.”