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Bank of America Donates 1 Billion For Racial Issues, Wants Cashless Society

The United States is undergoing a series of transformational changes while we wait out the phases of a Global Pandemic to allow people to go back to their normal routines, however, Democrat funded groups, large retailers and major bankers have different plans than going back to “normal”.

Frequent posts on social media “ring the bell of alarm” with many Conservatives who have noticed signs around local communities about a shortage of coins, igniting conversations about a cashless society.

An example:

And cashless is also encouraged by large retailers:

Major Bankers are calling for the change as well, for example, Bank of America:

Coincidentally Bank of America also is funding racial initiatives with nonprofits to implement changes like that being called for by Black Lives Matter.

According to a Bank of America statement:

“Bank of America announced today [ June 2]  that it is making a $1 billion, four-year commitment of additional support to help local communities address economic and racial inequality accelerated by a global pandemic. The programs will be focused on assisting people and communities of color that have experienced a greater impact from the health crisis.

“This work builds on steps the company has already taken, including an additional $100 million to support its nonprofit partners across its communities, and $250 million to assist with lending to the smallest and minority-owned businesses through its support to community development finance and minority depository institutions.”

Brent Bozell, the founder and president of Media Research Center, a conservative Media Watchdog group,  posted that the nonprofit Bank of American is donating to is Black Lives Matter, and posted on Twitter Friday about it, adding that Conservatives should close their accounts with B of A.

These donations are suspicious to Conservatives because they come at a time when the CEO of Bank of America, Brian Moynihan, is also calling for making major changes in the way Americans use cash and coins.

Fox Business News reported in June, “We want a cashless society. Moynihan told Fortune’s, Shawn Tully. We have more to gain than anybody from a pure operating cost (perspective).”

The rush to go cashless is happening, it is real.

In fact, numerous left-leaning organizations under the guise that Global Pandemic concerns is forcing a new way for people to pay for things. One such idea is something called the “Trust Stamp”.

 Mint Press News reported that plans are underway as a test pilot for a cashless society in Africa reporting:

“Trust Stamp’s digital identity platform integrated into the GAVI-Mastercard “Wellness Pass,” a digital vaccination record and identity system that is also linked to Mastercard’s click-to-play system that powered by its AI and machine learning technology called NuData.

Mastercard, in addition to professing its commitment to promoting “centralized record-keeping of childhood immunization” also describes itself as a leader toward a “World Beyond Cash,” and its partnership with GAVI marks a novel approach towards linking a biometric digital identity system, vaccination records, and a payment system into a single cohesive platform.

The effort, since its launch nearly two years ago, has been funded via $3.8 million in GAVI donor funds in addition to a matched donation of the same amount by the Bill and Melinda Gates Foundation.”

The Democrats and their allies just might get the transformational changes to our culture that they so desperately fight for.

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