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Title: "Dystopian Approach": SEC Blesses MasterCard's Idea Of Cutting Off Customers With Right-Wing Views
Source: Zero Hedge
URL Source: https://www.zerohedge.com/news/2019 ... ing-customers-right-wing-views
Published: May 7, 2019
Author: Tyler Durden
Post Date: 2019-05-08 08:30:34 by Deckard
Keywords: None
Views: 105
Comments: 2

Zero Hedge – by Tyler Durden

Blocking payments to individuals or groups by financial service firms impedes freedom of speech in a free society, journalist Ben Swann has told RT, following reports that MasterCard is allegedly on course to censor the far-right.

The New York-based firm is reportedly being forced by left-leaning liberal activists to set up an internal “human rights committee” that would monitor payments to “white supremacist groups and anti-Islam activists.”  

“The problem is that everyone has their own views and, in a free society, the idea of a free society is that you are free to have your belief systems, as long as you’re not harming anyone else physically,” Swann told RT America.

“But your belief system belongs to you and you have the right be wrong. White supremacists have the right to be wrong.”

MasterCard is not the only holder of purse-strings that is mulling the selective banning of individuals from their services and funds. Patreon and PayPal have previously barred individuals from receiving payments using their platforms, due to their extreme views.

But unlike crowdfunding platforms, being cut off from one of the leading American multinational financial services corporations will, most likely, have a much greater impact on the financial stability of an individual or a group, especially after the US Securities and Exchange Commission reportedly blessed MasterCard’s undertaking.

By doing this, Swann believes the government granted “big corporations the ability to control what voices are heard.”

The issue with such an approach, the investigative journalist argues, would lead to a wider crackdown on financial payments to anyone who the government would see as unfavorable.

“The fact that the SEC has given a green light to this essentially says the SEC supports the idea of censoring these groups in order to freeze out essentially anyone you don’t agree with,” the journalist said.

“It is such a dystopian 1984 world view and yet we’re living through it right now,” the journalist observed.

Watch the entire interview below:

https://www.zerohedge.com/news/2019-05-07/dystopian-approach-sec-blesses-mastercards-idea-cutting-customers-right-wing-views

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#1. To: Deckard (#0)

Sure. Keep it up. Go ahead and ban people for their religious or political views. You're a private company and can do what you want.

Then I'll gleefully listen to you squeal like a fucking pig when the government steps in and starts regulating your industry.

misterwhite  posted on  2019-05-08   10:29:06 ET  Reply   Trace   Private Reply  


#2. To: Deckard (#0)

This is where bitcoin shines. There is no central big brother that can interfere with payments.

Pinguinite  posted on  2019-05-08   12:52:47 ET  Reply   Trace   Private Reply  


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