John Rich, Larry Elder, And Dr. Ben Carson Create Parallel Economy Banking Alternative To Serve ‘Hard-Working Patriots’
With the parallel economy expanding – thanks to more conservative voices recognizing its need and jumping on board with their time, energy, network, and resources – right leaning and free speech defenders alike have started creating alternatives to woke institutions.
One industry that has seen a massive rise in political persecution is banking. With various big names like Mike Lindell being deplatformed over anti-regime statements.
To combat this uptick in parallel economy projects, country music singer John Rich, political commentator Larry Elder, and former US Housing Secretary Dr. Ben Carson recently launched “Old Glory Bank” in Elmore City, Oklahoma.
Its aim? To “be the full banking solution for folks who still believe in freedom and the greatness of America.”
Per the company’s senior regulatory officer Bennett Brown, lower- and middle-income customers across the U.S. will be properly served thanks to “cutting-edge digital technology.”
As Carson put it: “Old Glory Bank will serve lower- and middle-income Americans and those Americans that other banks have marginalized and ignored, hard-working patriots who keep this country running every day.”
From the company’s press release:
Old Glory Bank states it will be the first chartered bank to openly support America, its flag, freedom, patriotism, the military and first responders. Old Glory Bank promises it will never cancel law-abiding customers for their beliefs or for exercising their lawful rights of free speech. Subject to conditions, Old Glory Bank will have no-fee accounts, free overdraft protection, free ATMs, and early direct-deposit access.
The company says it will offer no-fee accounts, free overdraft protection, free ATMs, and early direct deposit access. It will also be backed by the Federal Deposit Insurance Corporation.
The company’s executive chairman is William Shine, former co-president of Fox News and president of Fox Business News.
Over the past few years, Americans have witnessed big banking institutions freeze and remove customers who voiced opposing political beliefs to the ruling establishment.
Similar to the kind of conduct we see in places like China, this form of economic warfare has forced so-called dissenters to scramble for alternatives.
For example, J.P Morgan Chase bank swiftly broke ties with Kanye West, also known as “Ye,” over his comments about Jews.
“Earlier today I learned that @kanyewest was officially kicked out of JP Morgan Chase bank. I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank,” political commentator Candace Owens shared in a tweet.
“We are sending this letter to confirm our recent discussion with [redacted] that J.P. Morgan Chase Bank has decided to end its banking relationship with Yeezy, LLC and its affiliated entities,” the notice outlined.
J.P. Morgan Chase did not specifically cite why it was severing ties with the rap superstar’s company. But, as many Americans have come to notice in recent years, this doesn’t really matter when a bank chooses to terminate a controversial figure.
Rich, Elder, and Carson are taking a massive step in the right direction with their newest alternative to mainstream corporate conglomerates.
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