Neon Nettle
© 2019 Neon Nettle

Subscribe to our mailing list

Advertise Contact About Us Our Writers T&C's Privacy Support Us © 2019 Neon Nettle All Rights Reserved.

MasterCard's Plan to Block Right-Wing Payments Receives SEC Blessing

Financial service firm receives backing for plan to cut-off right-wingers

 on 11th May 2019 @ 12.00pm
mastercard s idea is to freeze payments made to those with certain political opinions © press
MasterCard's idea is to freeze payments made to those with certain political opinions

MasterCard's idea to block payments to groups or individuals, based on their political views, has received blessing from the US Securities and Exchange Commission(SEC), according to reports.

Following reports that MasterCard is allegedly on course to censor the far-right, journalist Ben Swann said that the blocking of payments by financial service firms impedes freedom of speech in a free society.

The New York-based payments giant is reportedly under pressure from left-leaning liberal activists to establish an internal “human rights committee.” 

The committee would monitor and freeze payments made to “white supremacist groups and anti-Islam activists.”

Ben Swann described the idea as a "dystopian" approach.

“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 reportedly plans to freeze payments made to those with political opinions it doesn t agree with © press
MasterCard reportedly plans to freeze payments made to those with political opinions it doesn't agree with

According to RT, 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.

This impact could be amplified 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.”

several prominent conservatives were recently banned from facebook © press
Several prominent conservatives were recently banned from Facebook

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.

[RELATED] Facebook Bans Prominent Conservative Voices Paul Joseph Watson, Laura Loomer

Share this post:

Facebook is heavily censoring information from independent sources.

To bypass internet censorship, connect with us directly by enabling our notifications (using the red subscription bell in the bottom right corner) or by subscribing to our free daily newsletter.

Get the latest news delivered straight to your inbox for free every day by signing up below.

SUBSCRIBE NOW

Subscribe to our mailing list

Whatfinger banner

Follow Neon Nettle


PREV
BOOKMARK US
NEXT