GoFundMe Has No Principles; Terms of Service Enforced Selectively

I go over the ins-&-outs of the whole thing along with my commentary, takes, and a bit of well-deserved vitriol heaped upon The Guilty 15! I like to add something unique and that you’re unlikely to read anywhere else, so be sure to get down to that part. I think you’ll find it interesting.

The backstory is basic. A week or so ago as the Freedom Convoy 2022 got truckin’, organizers set up a GoFundMe campaign and whoa, they raised a lot of moola real quick. By the time it got up to about $4 million Canadian, GoFundMe—under pressure from all the overweight, purple-haired, pierced, and tatted…with tears in black stockings—temporarily pulled the plug in order to conduct an internal review.

Upon “review,” they began releasing funds with the first payout being $1 million.

Fast forward and as of just a couple of days ago, GFM’s first review must have missed something. Not only did the gals who want to keep working at home in perpetuity—when not out attending BLM and Antifa loot, smash, and burn [mostly peaceful] rallies—ramp up the pressure, but one of them in self-isolation—the Prime Minister—got really UPSET!!!

GoFundMe Seizes $10 Million of Trucker Protest Fundraising, Will Give to Charities Instead

GoFundMe says it won’t be giving the C$10 million ($8 million USD) raised to support the truckers protesting COVID-19 mandates to the organizers anymore, saying it will instead work with the organizers to send the funds to “established charities verified by GoFundMe.”

“To ensure GoFundMe remains a trusted platform, we work with local authorities to ensure we have a detailed, factual understanding of events taking place on the ground,” the fundraising platform said in a statement on Feb. 4.

“Following a review of relevant facts and multiple discussions with local law enforcement and city officials, this fundraiser is now in violation of our Terms of Service (Term 8, which prohibits the promotion of violence and harassment) and has been removed from the platform.”

GoFundMe added that it has “evidence from law enforcement that the previously peaceful demonstration has become an occupation, with police reports of violence and other unlawful activity.”

The organizer’s attorney dismissed their nonsense out-of-hand thusly:

“That’s political spin.”


He also said that it’s his understanding from people on the ground that people can move freely in Ottawa, and for example in a recent case an emergency vehicle was able to “rapidly race through the streets because the trucks were neatly parked off to the side.”

“They’re not obstructing the daily lives of people in Ottawa, and they’re committed to peace and non-violence,” he said. […]

“I have it on very reliable information that people from the movement were not associated, and that offences related to property damage, and just an assault this morning, committed by agitators were witnessed and reported by a trucker and one of our volunteer security personnel, which was reported to the police and handled by the Ottawa Police Service,” said Daniel Bulford, a former RCMP officer who worked as a sniper to protect the prime minister and is now helping the protest organizers, at the Feb. 3 press conference.

Preliminary data shows there has been a decline in police-reported street crime since the protest began in downtown Ottawa, according to Blacklock’s Reporter.

In the week prior to the protest, there were 31 police calls for crimes such as robbery, assault, drug trafficking, public drunkenness, and other crimes in the Ottawa district the protest is set up, but there were only three reports of street crime since the protests began, Blacklock’s Reporter said.

As is so often the case when dealing with the State and its State media, the exact opposite is the case. Far from instigating violence, the truckers and other protesters are reporting it when they see it and their important presence serves as 10x deterrent compared to your State Police. Which makes perfect sense to anyone with brains.

Do you think BLM or Antifa could get away with their typical [mostly peaceful] antics there in downtown right now?

Speaking of them, I don’t suppose any of these GoFundMe campaigns even came close to violating TERMS OF SERVICE!!!

There’s a lot more. Just search campaigns for BLM and Antifa.

Staunch Conclusion: GoFundMe are a bunch of pitiful liars when they lie like that.

There’s a part of every one of us that dreams of a better world. That spark of inspiration to help a person, fix a neighborhood, or even change a nation. At GoFundMe, we believe your inspiration should be shared with everyone. Because that is how change happens.

That’s why we make it easy to inspire the world and turn compassion into action. By giving people the tools they need to capture and share their story far and wide, we have built a community of more than 50 million donors and helped organizers raise over $5 billion—and we are just getting started.

Fucking liars:

Who are the lying whores at GoFundMe for Canada, Justin Trudeau, and Ottawa?

  1. Tim CadoganChief Executive OfficerMember of the Board of Directors
  2. Juan BenitezPresidentMember of the Board of Directors
  3. Musa TariqChief Marketing Officer
  4. Stephanie CunninghamVP of Global People Operations
  5. Kim WilfordGeneral Counsel
  6. Morgan WoodVP of Customer Operations
  7. Paul TkachukVP of Finance and Data Insights
  8. Andy BallesterMember of the Board of Directors
  9. Sharda Caro Del CastilloMember of the Board of Directors
  10. Maria EitelMember of the Board of Directors
  11. John LockeMember of the Board of Directors
  12. Woody MarshallMember of the Board of Directors
  13. Jonathan MildenhallMember of the Board of Directors
  14. James SlavetMember of the Board of Directors
  15. Scott WagnerMember of the Board of Directors

Not a gram of honesty, integrity, or true courage amongst the 15 of them put together.

All is not lost, as the Convoy organizers quickly switched over to a new funding platform, GiveSendGo, a Christian crowdfunding site, and as of the time of this drafting, they’ve raised $1.4 million US (when I began writing it was 1.2, so that’s 100k an hour, YEA!!!). One hopes that the 15 doofuses at GoFundMe learn a lesson. I see no reason why every donor to that campaign ought not demand an immediate refund and channel the money to GiveSendGo. Fucking LOL…and let GoFundMe’s “approved charities” suck ass. What a money grab. That’s what that was. “We don’t like what you’re doing so yea, uh…we’re just going to take your money.” Fuckers. Abject pond scum. Are you listening yet, the 15 of you?

Let’s think outside the box

We’ve entered a realm where the same tactics used against drug lords and terrorist organizations are now being widely used against political opponents. Only problem is, the government still can’t do that directly in western, democratized countries with various protections or rights under various constitutions and addendums thereto.

That’s why fascism is so convenient. It’s a sort of have your cake and eat it too.

It took me far too long to become disillusioned in “libertarians” who always chirp about the freedom of association between private entities.

Corporations—even closely held ones—are not “private businesses.” Private businesses are proprietorships and partnerships with full personal liability. Publicly traded corporations are but extensions of the state. I digress.

In short, libertarians are very often espousing fascism when they think they are defending liberty and freedom of association.

I have an idea for a workaround or stop-gap for this sort of thing. It still involves fascism because all banking is chartered by the state, insured by the state, highly regulated by the state, etc.; and in return they get to create money, loan it out, and collect interest, fees, and penalties. (Aside: fractional reserve banking is essential for modern economies, but FRB need not be under any government control.)

Have you ever heard of an Industrial Loan Company (ILC) or Industrial Bank? Seven US states offer charters for such formations but the state of Utah (crafty Mormons) overshadows the rest put together. There are only about 25 of them in all the USA.

Let me tell a story as to how I know a little about them….

In 2006 a company called Prosper came into being, got funded, and was soon followed by LendingClub—Launched as an app on Facebook. these are peer-to-peer lenders; meaning, people lending to other people. The CEO of my own financial services company at the time had previously owned a commercial lending company. (He’d gotten into a terrible car accident, lost everything because of it, and ended up on my doorstep in his struggle to start over.)

He had taken note of Prosper and LendingClub and proposed the idea of doing a competing startup, only the competitive advantage was to be more like a trading platform, such as your stocks, bonds, options, and futures online portals. Rather than just crowd with others to lend to some unemployed nobody as Prosper and LendingClub basically did at the time, we’d focus on small business—too small and unproven to access capital beyond taking out a 2nd on your house.

Our super-duper thing was a very complex algorithm where we synthesized securitized lending. So, for example, in the Prosper and Lending Club deal, someone posts a loan request and people crowd to fund it. Everyone gets the same interest, schedule, same footing in case of default. Our algorithm allowed for trading in terms of interest, payment schedule, and most importantly, priority in case of default.

Think of a mortgage on a house. Your first mortgage is a lower interest than your second, which is lower than the third if you have one. That’s because upon default, the 1st gets paid everything before the 2nd gets a dime, and so on. First come, first served.

So that’s what we did and demonstrated it to a couple dozen VCs on Sand Hill Road and in San Francisco. So, some guy who used to manage a coffee place scraped enough together to start his own, and if all looks good that way, he gets funded by our platform; but what he pays is a crazy conglomeration synthesis where some lenders are getting only 4% but are first in line and get paid off in a year, combined with some getting 8%, second in line, getting paid off in two, and then there’s the third in line people getting 18% and it’ll take three years. That’s the thing.

The VCs? TOO COMPLICATED!!! Oh, well…

During that process, one thing guaranteed that we would not get funded and that was SEC going after both Prosper and LendingClub for selling securities. The problem was in their banking services structure, which was using traditional banks.

I sniffed around enough to find out what they were doing and that was to hook up and move over to WebBank, a Utah-chartered Industrial Loan Company (ILC). Previously, we had spent tons of money on “banking attorneys,” trying to figure out how to do this. $400 per hour of worthless, go-nowhere drivel, not one even suggesting to look into ILC structures.

I contacted WebBank and wow from the first call. I learned a lot. The one thing all the banking attorneys had hand-waved about was “you can’t rent a bank charter;” meaning, you can’t just be a bank or like a bank and hide behind the charter of a full-fledged bank.

That’s exactly what the ILC is designed for. If you’re the ILC itself, you’re the bank and all regulatory requirements are in play. But, they have the ability to sort of sub-charter entities that look like a bank, but aren’t the bank. Following me?

Well, in addition to Prosper and LendingClub being “sub-chartered” by the ILC WebBank, guess who also operates under them? PayPal. That’s right, you thought PayPal is a bank? Nope. Just like a bank.

That’s comes full circle to my idea for workarounds over this cancelling stuff by going to your drug cartel or terrorist organization funding.

Do you think PayPal’s cancelling of various non-woke entities came from Utah banking regulators or WebBank?

Fuck no it didn’t, and I’m just betting.

Richard Nikoley

I'm Richard Nikoley. Free The Animal began in 2003 and as of 2021, contains 5,000 posts. I blog what I wish...from health, diet, and food to travel and lifestyle; to politics, social antagonism, expat-living location and time independent—while you sleep—income. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. Read More

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