The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label european commission. Show all posts
Showing posts with label european commission. Show all posts

Friday, January 27, 2017

European Commission proposing ban on using cash for payments following push at Davos for cashless society

This year's Davos World Economic Forum saw lots of economists and central bankers discussing ways in which they could con the public into giving up their cash, and bringing about a completely digital cashless society.  And the conference was a also carryover to the numerous experiments conducted in several countries last year in which they tried to remove certain bill denominations from their monetary systems.

Yet despite the clear backlash of populist movements in the United States and in Europe, the European Commission on Jan. 27 has decided to pointedly ignore them and is proposing a program in which to restrict, and eventually eliminate the use of cash in all commerce and monetary transactions.


One Step Closer to a Cash Ban in Europe
Having discontinued its production of EUR500 banknotes, it appears Europe is charging towards the utopian dream of a cashless society. Just days after Davos' elites discussed why the world needs to "get rid of currency," the European Commission has introduced a proposal enforcing "restrictions on payments in cash."
With Rogoff, Stiglitz, Summers et al. all calling for the end of cash - because only terrorists and drug-dealers need cash (nothing at all to do with totalitarian control over a nation's wealth) - we are not surprised that this proposal from the European Commission (sanctuary of statism) would appear... 
The Commission published on 2 February 2016 a Communication to the Council and the Parliament on an Action Plan to further step up the fight against the financing of terrorism (COM (2016) 50). The Action Plan builds on existing EU rules to adapt to new threats and aims at updating EU policies in line with international standards. In the context of the Commission's action to extent the scope of the Regulation on the controls of cash entering or leaving the Community, reference is made to the appropriateness to explore the relevance of potential upper limits to cash payments.The Action Plan states that "Payments in cash are widely used in the financing of terrorist activities… In this context, the relevance of potential upper limits to cash payments could also be explored. Several Member States have in place prohibitions for cash payments above a specific threshold." 
Cash has the important feature of offering anonymity to transactions. Such anonymity may be desired for legitimate reason (e.g. protection of privacy). But, such anonymity can also be misused for money laundering and terrorist financing purposes. The possibility to conduct large cash payments facilitates money laundering and terrorist financing activities because of the difficulty to control cash payment transactions. 
Potential restrictions to cash payments would be a mean to fight criminal activities entailing large payment transactions in cash by organised criminal networks. Restricting large payments in cash, in addition to cash declarations and other AML obligations, would hamper the operation of terrorist networks, and other criminal activities, i.e. have a preventive effect. It would also facilitate further investigations to track financial transactions in the course of terrorist activities. Effective investigations are hindered as cash payments transactions are anonymous. Thus restrictions on cash payments would facilitate investigations. However, as cash transactions are moved to the financial system, it is essential that financial institutions have adequate controls and procedures in place that enable them to know the person with whom they are dealing. Adequate due diligence on new and existing customers is a key part of these controls in, line with the AMLD. 
Terrorists use cash to sustain their illegal activities, not only for illegal transactions (e.g. the acquisition of explosives) but also for payments which are in appearance legal (e.g. transactions for accommodation or transport). While a restriction on payments in cash would certainly be ignored for transactions that are in any case already illegal, the restriction could create a significant hindrance to the conduct of transactions that are ancillary to terrorist activities. - Zerohedge
The fact of the matter is that the banks, rather than individuals, are the ones aiding and abetting money laundering for terrorist and criminal activities.  In fact, it has been surmised that money laundering for the drug trade was the only thing that saved many U.S. and European banks before the Fed and government bailouts of 2008.

The banning of cash, or restricting its use by the public for normal monetary transactions, has nothing to do with illegal activity, or in the funding of terrorism.  And instead it is a desperate attempt by the elite to protect themselves from a coming liquidity and financial crisis.  Because like the growing censorship that is proliferating social media sites, and the ongoing war to try to ban gun ownership in the U.S. and Europe, the ability to hold and use one's money as they see fit is one of the most important liberties a person has.

Got gold?  You might want to as governments will not stop in trying to steal your wealth held in cash.

Friday, July 15, 2016

European Union proving once again that it is both fascist and anti-free trade

As more and more time goes by, it appears that Britain is by far the smartest nation within the Euro sphere as the un-elected Brussels government ruling the European Union shows its stripes once again through their policies to stifle free trade on the continent.

The European Union started out so many decades ago as a way for nations, and primarily businesses on the European continent, to engage in beneficial trade in the aftermath of World War II.  However, as with any alliance that grows to involve multiple countries, the trade union morphed into a draconian political union, which today has evolved into a fascist anti-free trade coalition that penalizes achievers, and props up companies that cannot compete on their own merits.

competition
Brussels launched another volley of competition complaints against Google on Thursday, marking the latest gambit in a protracted antitrust saga. 
Margrethe Vestager, the EU’s competition enforcer, issued two extra sets of charges against the US group, alleging that it abused its search clout to muscle out smaller rivals in online advertising and shopping comparison markets. 
However, rather than significantly broadening the regulatory assault against Google, the moves largely consolidate the European Commission’s position as it edges towards infringement decisions and possible fines. These would only come to pass in 2017 at the earliest — some eight years after the first complaint against Google was filed. 
Competition investigators generally wish to avoid additional charge sheets, which indicate their legal case is trickier than first expected. But the concession does not mean the investigation is dead — Ms Vestager stressed such follow-up charges were issued in Brussels’ successful cases against Microsoft and Intel. 
Indeed, her decision signals that she is raising her stakes and is likely to see the matter through to a decision and possible fine — rather than opting for a settlement — according to legal analysts. - Mish Talk
The European Commission has a long history of restricting, fining, or forcing companies not from Europe to pay outrageous prices if their products or services wind up being better than European equivalents.  This decade, the target of EC focus has been Google, but last decade the EC went out of their way to slam Microsoft because their own European software and OS companies couldn't compete with the world's top technology company.

And interestingly enough, the primary reason why European companies and startups can't compete with U.S. and Chinese equivalents?  You guessed it... that same EC bureaucracy.
“Europe is stuffed to the gills with talented people with plenty of ability and ideas.  Let down by lack of enlightened investment, painful (near corrupt) board level management and government that hasn’t changed since the 60s.  Where are the exits for high tech in Europe? No exits = no investments.” 
“Yes indeed Europe’s biggest enemy is its own unprecedented bureaucracy whose sole purpose it is to keep the status quo in the respective membership countries uniquely isolated from the other membership states and collectively the world. There exists a common platform with common laws, rules and regulations, but largely to keep others out, rather than focus to compete on the international front, both for individuals, companies and institutions! I am a Dutchman (proudly) but unfortunately living in a world where the politicians have branded everybody that earns more than them a ‘graaier’, greedy! A most unfortunate attitude, because these are the same people that draft the laws, rules and regulations! Respect for creativity, entrepreneurship, individualism, success  are alien concepts to the European bureaucratic machinery.” - AIE
If you want to know why a predominantly 'Communist' country like China is rising to become the world's most powerful economy and financial system, it is because in both Europe and the United States, the incentive to achieve has been almost completely removed due to political ideologues and political correctness.  And what we have in the West today is the merging of a few corporations with the State to create a fascist form of government that by its very nature stifles innovation and competition, and leads only to collapse.

Saturday, June 18, 2016

European Commission wants to tax links to websites and webpages

Over the past year there has been much discussion over the forging of non-transparent trade agreements that seek to close rather than open trade between the U.S. and Western economies.  But for several years the real elephant in the room has been the lack of openness within the world’s largest trade coalition, that being the European Union.
Over the decades the EU has filed lawsuits against companies and corporations that do business within Europe simply because their own businesses were unable to compete with the technology and capabilities of enterprises outside of the continent.  For example, one lawsuit by the European Commission demanded that Microsoft unlock its proprietary code so that European companies could compete with the OS giant by using their intellectual property.
eu fascism
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Saturday, June 6, 2015

EU Commission calls out 11 countries to pass bail-in legislation or face the court of justice

Following the agreed upon resolution signed by all member states of the G20 to ensure that they pass legislation to prepare for the use of depositor funds during the next banking and financial crisis, the European Commission on June 3 issued a harsh warning to 11 EU countries who have not fulfilled the requirements agreed to back in January.  And according to the EC, if these nations do not pass the necessary laws and rules within the next two months then they will have to face the EC Court of Justice and deal with the ramifications.
Makes one wonder what may be occurring in two months time?
Graphic courtesy of Goldcore
 
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