Hidden Forces
De-banking, Censorship, and the Right to Die | Rupa Subramanya
Nov 18, 2024
Rupa Subramanya, a journalist at the Free Press, dives into pressing issues like de-banking and political censorship. She highlights the alarming trend of financial exclusion targeting dissenters and the complexities surrounding free speech in the digital era. Rupa also discusses the evolving right-to-die movement, addressing the ethical implications of assisted dying in society. The conversation challenges listeners to reflect on personal freedoms and the fragility of community ties amid growing political pressures.
58:46
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Quick takeaways
- De-banking highlights the troubling trend of financial institutions targeting politically dissenting individuals based on perceived risks, raising concerns over transparency and justice.
- The contrast between the handling of dissent in Canada and the US underscores crucial differences in free speech protections and governmental responses to protests.
Deep dives
The Impact of Debanking
Debanking is a significant issue highlighted by political journalist Rupa Subramanya, who describes it as the offboarding of individuals from the financial system due to perceived risk by banks. Many people have been unfairly debanked without explanation, including nonprofit leaders with substantial philanthropic work. This situation raises concerns about financial institutions increasingly making decisions driven by political or ideological motivations. The legal background of debanking involves legislative frameworks, particularly the Bank Secrecy Act and the Patriot Act, that empower banks to act without transparency, often leaving affected individuals without recourse.
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