The Rule of Power

The Rule of Power

Paul Craig Roberts

Last week PayPal, an online service for making and receiving payments, announced that at PayPal’s “sole discretion” $2,500 would be seized from accounts of those PayPal decided were guilty of spreading misinformation.  “Misinformation” is whatever some speech control office at PayPal doesn’t like or dissent from official narratives.  In other words, PayPal announced a policy of thought control as described in George Orwell’s 1984.

https://www.rt.com/news/564310-paypal-threatens-deplatform-misinformation-policy/  and 

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https://sputniknews.com/20221008/paypal-to-fine-users-2500-for-spreading-misinformation-1101644714.html 

Moreover, $2,500 would be seized for each bit of misinformation, apparently even for errors resulting from being misinformed or from misunderstanding.  If an account holder spreads misinformation twice, $5,000 is seized; ten bits of misinformation costs the account holder $25,000.  Since the definition of misinformation is at PayPal’s sole discretion, it wouldn’t be long before PayPal, faced with missing its quarterly expected profits, would jack up its earnings by seizing people’s accounts.

It is unclear how a person spreads “misinformation” on a payments mechanism.  Does it mean that “spreading misinformation” means donating to an organization that challenges official narratives?  Does it mean that PayPal would have an army of employees watching social media comments of account holders and reading their emails?

The first seizure was in England where the robbed account was that of the Free Speech Union.  It caused an uproar and protests from Members of Parliament and PayPal’s former president, and a couple of days later PayPal said that PayPal’s announcement that it was going to seize money from customers’ accounts for spreading misinformation was itself misinformation.  https://sputniknews.com/20221010/paypal-says-it-never-intended-to-fine-customers-2500-for-misinformation-1101700510.html 

Think about this for a moment.  If PayPal can seize $2,500 from your account because some woke freak in PayPal’s Thought Control Police Force finds your opinion “offensive,” so can your bank, your 401k, your IRA, your investment account.  Your credit card company can bill you $2,500 for each disapproved statement and turn your account over to bill collectors when you don’t pay.  Maybe your car and house will be seized.  Once central banks impose digital money on their insouciant populations, people can be robbed at will by every approved party for every imaginable offense.

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