The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr, matey! Let’s chart a course to swab the deck o’ debanking—‘tis a scallywag’s abuse o’ power, aye!

2025-02-12

Arrr, matey! Debankin' be a scallywag's game, fueled by murky rules and overblown regulations, or worse yet, the treachery o' those in power! Blimey, it be a right mess, like a ship lost in a fog, with no captain in sight!

Arrr mateys! Gather 'round as I spin ye a yarn about the curious case of debanking that's makin' waves in the halls of Congress. Our great captain, President Trump, be accusin' the scallywags in big banks of bein' driven by political winds when they be cuttin' off the doubloons from certain industries, particularly the crypto buccaneers!

Now, I tell ye, this be no mere tale spun by the tavern folk. As an old sea dog who once sailed with the Senate Banking Committee, I can assure ye, debanking be as real as a kraken lurkin' beneath the waves! Banks be dependin' on a bountiful crew of customers, yet they be shiverin' in their boots over the frightful regulations bein' forced upon 'em, makin' 'em toss out would-be patrons like a ship’s crew tosses out a bilge rat.

It ain't just the banks, though! There be rogue regulators from times past who wielded their power like a pirate captain with a cutlass, tryin' to sink whole industries under the banner of Operation Chokepoint. And alas, this be a saga that continues, as the Biden crew be launchin' their own version aimed at the crypto shipmates!

So, hoist the sails, and let's call upon Congress to fair the seas of regulation and ensure that no buccaneer be left behind in these treacherous waters! Arrr!

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