(Rair Foundation USA) World Economic Forum’s (WEF) partner, PayPal, is walking back its new policy based on the Chinese Communist Party’s (CCP) “social credit” model after causing international outrage.
Although PayPal claims its policy was released in error, it’s what the WEF and its “partners” have been threatening for years, a global social credit system that will give them the power to control citizens and punish those they deem “untrustworthy.”
Controversy
In 2020, PayPal (which also owns Venmo) changed its policy, and the company coerced users to agree to a $2,500 PayPal fine if they violated the their acceptable use policy.
Subsequently, on October 7, 2002 the globalist company announced that beginning November 3, 2022, PayPal would expand the existing list of prohibited activities and seize $2,500 per offense from users if the company deems someone guilty of spreading ‘misinformation’ or “discrimination” of groups or individuals based on gender identity.
“The new policy update from PayPal will permit the firm to sanction users who advance purported ‘misinformation’ or present risks to user ‘well-being’ with fines of up to $2,500 per offense,” explained the DailyWire,
The report added that the financial services company repeatedly has de-platformed and blacklisted organizations and individual commentators for their political views and was going to expand its existing list of prohibited activities on November 3. “Among the changes are prohibitions on ‘the sending, posting, or publication of any messages, content, or materials that ‘promote misinformation’ or ‘present a risk to user safety or wellbeing.’ PayPal would also bar users from ‘the promotion of hate, violence, racial or other forms of intolerance that are discriminatory.’”
The WEF-controlled company’s prematurely released criteria is subjective and violates fundamental due process and free speech principles. Furthermore, the socialist-led company would seize users’ funds based on their sole discretion.
The company reversed its policy after a major backlash. PayPal said in an email to the Epoch Times:
Despite PayPal’s reversal, the WEF-controlled company is not to be trusted. In July of 2021, PayPal announced that it would spy on the transactions of its users and feed that data to far-left activists at the Anti-Defamation League (ADL), as well as to law enforcement and policymakers.
According to Reuters, PayPal “will also look at networks spreading and profiting from anti-semitism, Islamophobia, racism, anti-immigrant, anti-Black, anti-Hispanic and anti-Asian bigotry.”
PayPal Globalist CEO Dan Schulman
The President and CEO of PayPal, socialist Dan Schulman, and his executive team are the World Economic Forum’s most vocal and influential partners, making them some of the most dangerous globalists in the world.
In February 2019, CEO Schulman admitted during an interview with the Wall Street Journal that PayPal works with the far-left extremists Southern Poverty Law Center (SPLC) when it considers blacklisting conservatives.
After being asked by the Wall Street Journal (WSJ) what “values” PayPal identifies with,” Schulman replied, “Probably the most important value to us is diversity and inclusion.”
“I think North Carolina was probably the moment that was the most visible, where we basically said this violates our core value, and we need to make a very public stand on it,” claimed Schulman, referencing the time when PayPal pulled out of an investment in North Carolina because the state passed a bill making it mandatory for people to use the bathroom of their biological sex.
“Businesses need to be a force for good in those values and issues they believe in. It shouldn’t come from backlash or people taking heat on it, because then it’s in response, as opposed to the definition of who you are and then how you react to the context that you find yourself in,” the PayPal CEO expressed, adding that the Charlottesville rally in 2017 was a “defining moment” for PayPal to start blacklisting conservatives.
Schulman claimed it “was a defining moment for us as a company,” that was “difficult” because “the line between free speech and hate, nobody teaches it to you in college. Nobody’s defined it in the law.”
In an interview with Fortune magazine and the WEF this year, Shulman doubled down on his decision in North Carolina, stating it was clear to me that this was a case of putting our values into action, and honestly, we had no choice but to make that decision.
During the WSJ interview, Schulman also admitted that the far-left SPLC helps to inform “PayPal’s decisions.” The SPLC also reportedly works with far-left technology giants Amazon, Google, Facebook, and Twitter.
In September 2021, Gays Against Groomers, an activist coalition opposed to the sexualization, indoctrination, and medicalization of children, had its accounts blacklisted by PayPal. In its email to the child protection coalition, PayPal said the group had violated its Acceptable Use policy but did not say how.
The group’s founder, Jaimee Michell, stated that PayPal had chosen to stand with those sexualizing children:
On WEF’s website, Shulman proudly boasts of supporting discriminatory policies, mass-illegal immigration, radical left-wing social policies, and fighting to strip Americans of their first amendment rights. Also, the CEO bragged of helping to implement founder Klaus Schwab’s vision of merging industry with governments (i.e., global socialism) through “stakeholder capitalism.”
As reported at RAIR:
