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 greece. Show all posts
Showing posts with label greece. Show all posts

Sunday, July 19, 2015

As Germany attempts to crucify Greece, their biggest bank is now under investigation for money laundering

Throughout the entire Greek crisis, German Finance Minister Schaeuble has been front and center in trying to hold a hard line against the Southern European country whom he believes should be given no mercy for the hundreds of billions of dollars worth of loans that went into the coffers of his and other banks, and not the Greek people.  In fact, the majority of the money Greece owes to creditors was not through any fault of their own, but as a result of a forced bank bailout made to institutions outside of Greece.
Including Germany’s own Deutsche Bank.
So while the German Finance Minister continues to pretend to be the arbiter of fiscal responsibility for Europe, on July 16 three new investigations began against Germany’s largest bank, which pertain to money laundering charges that have arisen amidst the sanctions the West has imposed on Russia.
 
Read more on this article here...

Wednesday, July 15, 2015

Got Karatbars? Keynote speaker at recent Fed conference warns you need cash out of banking system

Dateline Greece: July 2015.  Bank holiday extends into second week with a new wrinkle added to the mix.

Greek people cannot access their possessions held in bank safety deposit boxes.

This is the second country within the past four years that has instituted a bank holiday, and capital controls which removed the power of its citizens to access their valuables from 'protected' safety deposit boxes housed in a banking institution.  Yet even with this evident and blatant attempt by the bank to keep the Greek people from their funds, the are not alone in government's wanting to ensure you keep your money where they can access/restrict/seize it in case of the next banking or monetary crisis.

Dateline United States: 2010  Department of Homeland Security issues proclamation under the Patriot Act where the government can access or seize the contents of your safety deposit box at anytime.

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that “under the Patriot Act” the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make “periodic and unannounced” visits to any bank to open and inspect the contents of “selected safe deposit boxes.”

Further, the DHS “shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence” any of the following items “bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature.” - Investment Watchblog

And of course, with the financial and monetary systems showing cracks in recent weeks, how long until the next liquidity crisis facilitates the implementation of Dodd-Frank legislation allowing for banks to confiscate your bank accounts to recapitalize their losses under a bail-in scenario?

The timeframe for this may be closer than we think.  In fact, a few weeks ago, well known financial analyst and author Nomi Prinz was invited to be the keynote speaker at a Federal Reserve conference.  Shortly after her taking time to address members of the world's largest central bank, Prins told Gerald Celente and King World News in an interview that the Fed 'has no idea what they are doing', and began sounding a warning call for people to act on their own rather than rely on the 'experts' at the central banks.

Yet Nomi Prins does have a solution, and one that she sees as the only viable option to protect your wealth, and be prepared for what is coming in financial markets.  Get into cash, gold, and get your money outside the banking system.

Central banks seek fresh ways to keep the party going as countries like Greece shut down banks to contain capital flight, and places like Puerto Rico and multiple states and municipalities face economic ruin. But they are clueless as to what to do.

In this cauldron of instability and lack of leadership, cash is the one remaining financial possession that Main Street can translate into goods, services and security. That’s why private banks want more control over it.

Banks Want Your Cash For Their Latent Emergencies

The notion of a bail-in, or recourse to people’s deposits, is related to the idea of restricting the movement, or existence, of physical cash. Bail-ins, like any cash limitations, imply that if a bank needs emergency liquidity, your deposits are the place to find it, which has negative repercussion on your own solvency. This is exactly what the Glass-Steagall Act of 1933, coupled with the creation of the FDIC sought to avoid - banks confiscating your money at the worst possible times.

The ‘war on cash’ is thus really a war on the difference between the money you can hold on to and the money the banks can take away from you. The existence of this cash debate underscores the need for a personal policy of cash extraction from the big banks. Do you have one? - Nomi Prins, Silver Doctors

So if you are like most people, and don't have a huge net worth, or a network of insiders to help you move your money out of a bank and into a more protected structure, what is the answer?

The answer lies in Karatbars.





Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars



How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

History repeats: Just as in 1933 America, Greeks today cannot access their safety deposit boxes in banks

In the prepper community, as well as in alternative finance, there is a constant belief… if you don’t hold it, you don’t own it.  And in the Greek crisis that is raging right now in Southern Europe, and between the German establishment, the un-elected Troika, and the impoverished Greek peoples, the history of 1933 America is once again proving itself out as the bank holiday occurring right now in Greece is prohibiting depositors the power to access their rightful possessions held in safety deposit boxes.


Read more on this article here...

German coup over Greece sees new rise of the 4th Reich in Europe

Politicians are not leaders… nor are they statesmen who are willing to make the hard decisions despite the potential loss to one’s career or reputation.  And just days after the only Greek minister with the fortitude to stand up to the Troika resigned from office, it appears that not only is Greece ceding to another generation of austerity, but in doing so is giving up their sovereignty and possessions for a few billion euros from the real masters of the continent.
Germany.
At the beginning of the 20th century, and then again near its midpoint, the German empire rose and fell twice only to hide in wait as the Cold War placed its dream of continental domination on the shelf.  But in the 1990’s when the Soviet Union and Berlin walls fell, Germany began a new empiric rise that would come not from soldiers, artillery, and tanks, but from economic means and power over European banks.
And on July 13, the emergence and rise of the 4th Reich took place as Greece not only capitulated to Germany in an utterly humiliating defeat, but voluntarily gave up their sovereignty, their future, and their legacy simply for new debt that like their current obligations, can never be repaid.
 
Read more on this article here...

Tuesday, July 7, 2015

The Greek fallacy: Global system needs to cut everyone’s debt, not just Greece’s

Projection.  It is one of the most common forms of ignoring one’s own issues and problems by making public these same things in someone else.  And for months now the European Union has been projecting Greek debt as the singular monetary problem to the world, when in fact almost every one of the European economies are in the same state of affairs, and under the bondage of massive debt obligations.
At the point of the spear for Europe against Greece is the continent’s largest economy and monetary force, and antagonist for wanting to indenture or enslave the Greek people in their future.  That country is of course Germany, who ironically became the Union’s greatest financial power not simply through hard work and frugal spending, but by the very same thing that Greece is wanting to do for their own economy.
Through default and not paying off their debts and obligations.
Germany is the poster child for a nation that not only didn’t pay off their debt obligations once in the 20th century, but twice.  After World War I the Big Four (France, Italy, England, and the United States) placed war reparations on Germany for their engaging in an illegal war, and causing massive loss of life and property to several countries they fought in.  And by the time the 1930’s came about, the country had paid little towards its debt to the victors, and instead defaulted on it and rebuilt their economy to a place similar to before they engaged in World War I.
 
Read more on this article here...

Thursday, July 2, 2015

With Greek default, ECB may invoke ‘Cyprus option’ and induce bank bail-in on depositors

As the final day arrives for Greece to either pay, or default on their IMF obligations, the European Central Bank (ECB) is threatening a two-fold scenario that proves once again that the technocracy that is the European Union is interested only in protecting banks at the expense of the people.  And besides the given option of shutting off liquidity through their Emergency Liquidity Assistance (ELA) to Greek banks, the ECB is also threatening to invoke the ‘Cyprus option’ and demand depositor bail-ins at a time when the Greek banks are closed during a week long holiday.


Read more on this article here...

What a novel concept… British legislators call for cancelling Greek debt by confiscating money from banks

As Greece races towards tomorrow’s deadline, several legislators within the British government are offering an entirely different solution to the problem.  On June 29, 25 MP’s from outside the leading conservative party have suggested that the Eurozone cancel the $380 billion Greece owes the IMF and Troika, and instead have the creditors seize the money from the institutions who actually profited from the Greek crisis.
The banks.
 
Read more on this article here...

Market Paradox: Record gold purchases in Europe over weekend see prices climb by only .2%

If there was any debate on whether gold prices are being manipulated, all one has to do is look at Europe over the past 24 hours and you will be completely convinced.  Purchases of gold bullion in Britain, and from dealers all around the world by Greek, German, and other people’s residing within the Eurozone, was more than double the historic average in the past few days.  Yet as of the market opens on June 29, the price of gold has only risen .2%, or $2.20 in dollar terms.


Read more on this article here...

Saturday, June 27, 2015

Got Karatbars? Global banks and financial systems starting to crack

This has been a heck of a week for Europe, the bond markets, and especially for Greece.  Starting on Monday, the Greek Prime Minister staved off from making a conclusive decision on whether to appease European Commission (EC) regulators and accept greater austerity reforms than they have experienced over the past five years, or to choose to default and seek grounds for exiting the European Union (EU).  And as the rhetoric between the two parties extended through the end of business Friday, Greece attempted one last stalling tactic by calling for a voter referendum of his party, while the Troika has given a final ultimatum of June 30 to decide on the final outcome.

But in between the Greek crisis this week were a number of different events and discussions that centered on gold, banks, the growing war on cash, and even the trillion dollar global currency markets.

Banking Policies Are Becoming Injurious to Your Financial Well-being

“There have been 61,998 cash seizures made on highways and elsewhere since 9/11 without search warrants or indictments through the Equitable Sharing Program, totaling more than $2.5 billion. State and local authorities kept more than $1.7 billion of that while Justice, Homeland Security and other federal agencies received $800 million. Half of the seizures were below $8,800.”

"Monetary thinkers" feel things would be so much more efficient -- for the government -- if we all went totally to digital accounts. No need to carry cash around or pay bills by mail. The authorities will know exactly how much money you have and what you spend it on, placing your balance under their control at the press of a button.

FX Brokerages Move To "Close Only" Ahead Of Monday Open

Does anyone reading this remember what happened in an instant back in January of this year?  The Swiss central bank de-pegged from the Euro on Jan. 15 without telling a soul, causing the loss of billions of dollar in an instant to Forex (currency) traders who held positions opposite the move.

Now it appears that the FX market makers are afraid of the same thing happening on Monday with the Euro because of Greece, and some brokers are limiting traders to close only trades out of fear of a currency meltdown and banking scare.

Which brings us to the discussion of the one true form of money that has outlasted every monetary and financial crisis in history.  Of course we are talking about gold, and despite the fact that most people in the West have forgotten the true value of the monetary metal since it was removed from our currency 44 years ago, as Russia and China are already in preparation for, the next monetary crisis will not be resolved with a taxpayer or central bank bailout, but a collapse which forces nations to go back to a gold standard and make owning the metal your absolute protection and preparation to both survive and thrive after what is coming.

Not Owning Gold Bullion Shows “Ignorance of Monetary History”

This report (above link) does an excellent job of bringing together all the empirical data and distilling and crystallizing the bullish case for gold today. Not surprisingly, we share the views of Ronald Stoeferle and Mark Valek and have in recent months highlighted many of the angles they bring together so well.

We also are very close to their price target and have long held the view that gold prices would rise to over $2,400 per ounce, the real, inflation adjusted high from 1980, before this secular bull market is over.

As ever, the report is well worth taking the time to read. It includes many excellent charts that are well worth taking the time to look at in order to better understand the excellent fundamentals of the gold market.


And for the average person who today may be unable to afford an ounce or more of gold at current prices, one company has created a model to appeal to both consumers, and those are looking for a gold based business to build in this high unemployment environment, and the solution to protecting and building one's wealth is in a company called Karatbars.






Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars




How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Friday, June 26, 2015

Was yesterday’s capitulation to the EU a stalling effort by Tsipris?

In the span of just a week, the leader of Greece and the ruling Syriza party made two very opposite and polar decisions that has the world wondering what the real game being played in Greece is all about.  On Friday, Prime Minister Alexis Tsipris went to Russia andsigned a pipeline agreement with President Putin at the St. Petersburg Economic Forum, signalling that the Southern European country was putting its chips in on the side of the BRICS.  However, in a shocking move just three days later, the Prime Minister stunned his own party by accepting Troika demands and gave into the Euro bank’s position for austerity and reform.
Yet while some may call this being schizophrenic, one has to wonder if there is a third intention in play, and that is one of stalling for time.
Last night from Twitter:
Any agreement today by Greece is a stall tactic as Drachma backup infrastructure is not yet complete. Yuan swap facilities will fix that. -Guerrilla Economist, @Theroguemoney


Read more on this article here...

Sunday, June 21, 2015

Got Karatbars? One of Europe's largest bond fund managers says its time to get into cash and gold

Analysts within the alternative media have for year's spoken on the attributes and outright necessity of owning gold, especially when central banks have engineered vast money printing programs and regular banks have shown themselves insolvent.  But when a mainstream financier goes public and calls for people to get out of paper assets like bonds and stocks, and get into cash and gold because of a foreseeable financial calamity coming on the near horizon, then it is a signal that that 'stuff' is really about to hit the fan, and protecting yourself from what is to come is imperative.

On June 20, a Bond fund manager for one of the largest bond firms in both Britain and Europe, is urging his investors to get out of the very paper assets his financial institution sells, and get directly into either cash or gold, and as he so eloquently implied, to keep some wealth under the mattress.

The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.

Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock.

“Systemic risk is in the system and as an investor you have to be aware of that,” he told Telegraph Money.

The best strategy to deal with this, he said, was for investors to spread their money widely into different assets, including gold and silver, as well as cash in savings accounts. But he went further, suggesting it was wise to hold some “physical cash”, an unusual suggestion from a mainstream fund manager. - Telegraph.co.uk

Spreadbury's reference to Northern Rock is in relation to the British bank that helped start Europe's version of the 2007 Credit Crisis, as a run on the bank triggered financial problems all across Britain, and the rest of the Eurozone.  And while the only run on banks that is taking place right now is happening in Greece, a sovereign bank failure in this Southern European country could trigger over $75 trillion worth of derivatives held by other major banks, and lead to a bank holiday or bank bail-in that would wipe out your savings and investments in a single day.

The bond markets for more than a month now have been signaling extreme risk, as seen in the Eurozone's most stable country Germany.  In just the past four weeks, the German Bund (sovereign bond) has bounced back and forth by more than 70 basis points (bps), which is an unprecedented event outside of a systematic breakdown.

To add fuel to the fire on Ian Spreadbury's warning, precious metal analyst Bill Holter went public in an interview on Friday stating that Monday is a black letter day for the global markets, as the Greek situation is reaching a climax, and the results could very easily lead to a systematic global meltdown.



Even if central banks and sovereign governments are able to stave off any potential collapse that may come in the next few days, the writing is clearly on the way that the entire global financial system is headed towards a new crisis, and will not last without a breakdown before the end of October.  So between now and then, if you have money in a bank, or wealth that you need protection for, there are only a few solutions outside of cashing in your investments and trying to find outlets to buy physical gold and silver.

But there is one entity that can provide for everything you need to do this, and protect your wealth in the event of a bank crisis, or systematic financial meltdown.

That entity is Karatbars.





Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars




How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars you can contact the Finance Examiner at [email protected], or create your own account free account with Karatbars as either a customer, or an affiliate (business builder), by clicking the link below, and filling out the one page document.


https://www.karatbars.com/signup.php?s=argonath

On possibly last days in eurozone, Greece to sign pipeline agreement with Russia

The nation of Greece is in total turmoil, with an IMF payment default already under their belt, and massive riots proliferating the country, the last days for the Southern European country in the Eurozone could be close at hand.  Yet even with chaos reigning throughout the region, members of the Greek government are now in St. Petersburg finalizing an agreement that will bring a pipeline into their country, and provide needed revenues as a gateway to Europe for energy sent through the Turkstream route.
And with this agreement could be the beginning of a new alliance between Russia, Greece, and the BRICS.
 
Read more on this article here...

Continued sanctions against Russia estimated to cost the EU over $100 billion in export revenues

There is an old saying that outrage and activism only last until it begins to effect one’s bottom line.  And with the European Union agreeing to extend U.S. led economic sanctions against Russia and the Crimea until January of next year, the question exists on how long Europe can sustain this political stance, especially as their businesses are expected to lose over $100 billion in export revenues because of counter sanctions imposed by President Vladimir Putin.
 
In a report on June 19 by the Austrian Institute of Economic Research, lost revenues to EU businesses from past and future sanctions are expected to cascade to over $100 billion, and in the long term may create a future where Russia replaces these exports permanently with food, resources, products, and commodities from elsewhere.
 

 
Read more on this article here...

Thursday, May 14, 2015

Greece: Ditch the EU and they can now join the BRICS

As Greece mulls over the results from their most recent debt meeting with the Troika, theIMF announced that they already have plans in place for when Greece inevitably defaults.  However, with the groups taking a pause after another weekend of financial stalemate, a shocking bit of news appeared on May 11 that not only added fuel to the fire, but placed the European Union back on its heels.
Because that explosive news today that dropped on the wire involves Russia offering Greece a chance to join the current five nation BRICS alliance, and makes a Greek exit all the more enticing since they will instantly move into a more economically progressive and stable financial union.
 
Read more on this article here...

Friday, May 8, 2015

Japan becomes first nation to register a national debt in the quadrillions

On May 8, Japan’s Ministry of Finance provided an update and breakdown of the country’s national debt through the end of March 2015.  And thanks to the accelerated rate in which the current Prime Minister Shinzo Abe has printed yen through quantitative easing, that debt has now reached an all-time high and the first in the world to cross over a quadrillion.



Read more on this article here...

Monday, April 27, 2015

Greece upgrades capital controls to now confiscating bank deposits... got Karatbars?

After laying down a series of capital controls in Greece, primarily that of the Greek legislature decreeing that all excess cash in banks be transferred directly to the central bank, the next phase of Syriza's domestic war on money was enacted on April 25 as authorities are now confiscating deposits of anyone deemed to be in shortfall of their tax obligations.

No hearing, no trial... just a freezing and taking of assets if their money is stored in a bank and they are determined to owe the state an obligation.



As the country’s finances reach a critical point, tax authorities have started seizing the deposits of small debtors, Kathimerini understands.

No figures were available regarding the new crackdown but cases of debtors targeted included a citizen with a debt of just 200 euros, Kathimerini understands.

The bank account of the man in question was frozen and then reopened once it was established that he had paid his dues. In several cases, including that of a citizen with a debt of 24,000 euros, bailiffs are said to have used threats to secure the cash. The initiative comes as efforts to crack down on rich Greeks with tax debts make slow progress. - Ekathimenrini

Reliance on governments, banks, and currencies has become a fool's errand, and anyone who by now is entrusting their wealth to paper assets in a proxy controlled institution will lose it all, or soon have it devalued to pennies on the dollar.

We do not necessarily have to cite the multiple instances of government wealth destruction that has taken place in Cyprus through bail-ins, Switzerland through capital controls on withdrawing your money, Japan in transferring their pensions to buy U.S. debt, and now Greece in summarily confiscating funds and accounts, but if anyone had a doubt that it is coming to America and the rest of Europe, the facts are without dispute.

U.S. Cops Use Traffic Stops To Seize Millions From Drivers Never Charged With A Crime

There are a few ways for you to protect your assets and your wealth, and at the top of the list is Karatbars.  Not only can you have physical gold delivered to your home, but you can also choose to store it offshore for free in one of Karatbar's three vaults worldwide.  Additionally, and perhaps most importantly, Karatbars offers affiliates and customers a virtual offshore bank account through a back office e-wallet, that can be accessed and uploaded to a pre-loaded MasterCard for use in any currency, and anywhere around the world.

And since Karatbars is not registered as a bank, the are not subject to U.S. FACTA laws which force countries to provide the names and amount of money they have offshore to the I.R.S..



Our grandparents during the 1930's found out how detrimental it is to trust in banks and safety deposit boxes when the government issued a two week holiday, and confiscated their gold stored in these institutions.  And with the passage of Dodd-Frank in 2010, the means and the laws are on the side of government to do this once again.

To sign up for a Karatbars account, either as a customer or as an affiliate where you can earn commissions on any package and gold sold to people you personally sign up with the company, click on this link to begin your trek to a new future of wealth protection outside the system, and the one sure way to protect your assets, as well as gain new assets, before the coming collapse and the evolution of the new non-dollar financial system.

Monday, April 20, 2015

New Greek capital controls shows why Karatbars is the solution to banks

As the Greek financial situation continues to deteriorate, their legislature on April 20 issued a new decree that forces all banks in the EU country to deposit all non-used cash into the central bank to both strengthen the primary lender of last resort, and to provide a means for Greece to leverage additional capital to issue more debt.
Greece issued a legislative act on Monday requiring public sector entities to transfer idle cash reserves to the country’s central bank, as part of efforts to deal with a cash squeeze. Greece has been tapping into the cash reserves of pension funds and public sector entities through repo transactions as it scrambles to cover its funding needs.
Monday’s act excludes pension funds and some state-owned firms. Cash reserves that are needed by these bodies for their immediate payment needs are also excluded from the regulation. - Reuters via Zerohedge


Read more on this article here...

Wednesday, February 4, 2015

Elections have consequences: Greece can now veto any new sanctions on Russia

President Barack Obama in one of his narcissistic and arrogant tantrums once told the Republican congress, “Elections have consequences.”  And in a more practical and real sense, that became true the moment that an anti-EU party successfully took over the leadership in Greece, and no longer allowed tools from the banking establishment to dictate their future.
And as the power nations in Europe are quickly discovering, the consequences of last weekends elections means that Greece has the power to veto any new sanctions proposed against Russia, as the vote to do so must be unanimous across the Union.
 
Read more on this article here...

Tuesday, June 19, 2012

Generation Gap: Greek elections show battle between unemployed youth and retired pensioners

Last weekend's Greek elections showed a vast disparity in the polls, and a divsion between the unemployed youth and the retired pensioners.  Those who supported the conservative party, and a continuation of EU bailouts, were primarily tied to the Greek's who have a stake in the retirement and pension systems.

However, the unemployed youth, drew close to the communist and neo-nazi parties which wanted complete separation from the European Union, and a reboot of a Greek economy that has little future for younger workers.

Greek Youth Reject Austerity - Tough choices for young Greeks who may be forced to leave the country (and its future). Thoughtful, afraid young people reflecting honestly and frankly on their future...



Courtesy of Financial Times Videos

Tuesday, May 8, 2012

Europe isn't spending less, they are just spending less on their own people

European austerity is a relative term for the nations and people of the European Union.  On one hand, it represents a pullback from massive borrowing, spending, and public benefit programs, but it can also mean simply a pullback on where the money goes without cutting spending at all.

It appears now that austerity in Europe really is no more spending on the people, and instead giving money to banks, governments, and corporations, at the expense of the very populations who are barely surviving in desperation mode.


When you were a child and did something wrong, the worse possible words your mom could say were "wait til your father comes home!" and that dreaded anticipatory angst is what Europeans must be feeling now as the threat of austerity hangs like the sword of Damocles over their heads. The reason we say this is that in fact, as Veronique de Rugy of National Review Online notes, the 'savage' spending cuts in Europe have yet to show up anywhere. All the rhetoric of how Europe's austerity has failed, all the hand-wringing and election-winning, and yet all the major nations are spending more than pre-recession levels; France and the UK did not cut spending at all, and even in Greece and Spain cuts have been small (and any meaningful reforms failed to be implemented). In fact, the epicenter of the current meltdown - Spanish banking - has seen only de-minimus headcount reduction over the past few years - so who is tightening their belts? The trouble, of course, is that while the threat of austerity has struck fear in the hearts of every European voter, the action of raising taxes has hurt just as much and perhaps the "trumpeting the failure of austerity as a reason to go full-Keynesian again" chatter will recede as facts overtake fallacies. As Mark Grant recently noted, there's a big divide between austerity pledged and austerity implemented, as it appears its more about raising taxes than cutting spending. - Zerohedge



As you can see, nations like Spain, Greece, and Italy have not curtailed their spending at all, just moved where the money was going to.  In this case, it away from public benefit programs and more towards the banks, corporations, and crony capitalists who helped create the problem in the first place.