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 illegal. Show all posts
Showing posts with label illegal. Show all posts

Monday, June 19, 2017

U.S. not the only government looking to pass legislation making it illegal to own cash and Bitcoin without their knowledge

Last week a bill rose up on the floor of the U.S. Senate calling for an expansion of financial controls over American citizens under the guise of the 'War on Terror'.  In fact, the Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017 if passed would even go so far as to allow the government to confiscate all assets, just the ones in question, of anyone who seeks to hold cash, Bitcoin, gold and silver outside a bank in denominations of more than $10,000 if they haven't filled out proper forms.

But as the real underlying reasons for this draconian law bubble to the surface, it is not just the U.S. who is using the label of 'terrorism' to restrict the free use of your money, but other nations are as well including Germany who is looking to pass similar laws as a new financial crisis percolates to the forefront following the recent bank runs in Italy, Canada, and Spain which threaten the liquidity of the financial system.

In the US for example, a new Bill has been introduced in the Senate. The name says it all: “Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017.” 
The purpose of the law is to “Improve the prohibitions on money laundering and for other purposes.”  
Money laundering has an extremely wide definition and anyone who carries money over $10,000, cryptocurrency or a blank check, has a prepaid mobile, can fall under this law. In summary, if the incumbent has not in advance filled in a form to declare these items, it allows the government to seize all his assets and put him in prison for 10 years. The bill also gives the right to surveillance and wiretapping. 
If this law is used only to catch real criminals, it might be acceptable. But we know that when a body is given such extensive and ill-defined powers they will be widely abused. And this is how slowly but surely a police state is created. A lot of smaller measures that most people don’t pay any attention to until these draconian powers are unfairly applied to innocent people.  
In Germany, similar measures are being discussed. The German Interior Minister is preparing a new law introducing surveillance of the people to combat terrorism. It gives the authorities the power to fingerprint and give access to mobile phones, social networking apps even down to 6 year olds. Germany is also considering installing software on mobiles so that they can read messages before they are encrypted.  
Many other countries are considering similar methods or are already applying them tacitly. The combination of increased immigration and terrorism will continue to lead to more surveillance measures around the world in all aspects of life. It is not just physical surveillance but bank records, fiscal control and the banning of cash transactions and cash. This trend is unlikely to stop until this cycle ends. We will need to see an end to the socialism and globalism which is creating the current unpleasant trends. We will also need to have an implosion of the debt and asset bubbles which are part of the current problems.  - King World News

As has been proven in nations like Japan, China, and South Korea over the past few months, the ability to transfer money into a cryptocurrency that is outside the monitoring from a sovereign financial system, and outside the control of both banks and government agencies, is now causing these same governments to try to put fear into their peoples to coerce them into keeping their money and wealth in the banking system where it will inevitably be stolen and confiscated under the bail-in arrangements created after 2008.  And when you start to see these warning signs start to come from legislatures in multiple locations, then you know that a new and dramatic financial crisis is just over the horizon, and it is beyond time to protect your money now before it becomes illegal to do so.

Thursday, March 30, 2017

Bitcoin outlawed and users could be considered to be money launderers in India according to central bank

There was a huge hit on March 28 for Bitcoin proponents as a nation with nearly 20% of the world's population has officially declared the crypto-currency to be an outlaw form of money, and that users of Bitcoin could be considered to be money launderers.

In a statement made by the Indian government in collaboration with comments made recently by their central bank, use of any virtual currency other than the Rupee is to be considered unathorized and users to be assumed as money launderers upon investigation.

The government today said use of virtual currencies like Bitcoins is not authorised by RBI and could result in breach of anti-money laundering provisions. 
The RBI has already cautioned users, holders and traders of virtual currency, including Bitcoin, about the potential financial, legal and security risks arising from the usage. 
"The absence of counter parties in usage of virtual currencies including Bitcoins, for illicit and illegal activities in anonymous/pseudonymous systems could subject the users to unintentional breaches of anti-money laundering and combating the financing of terrorism laws," Minister of State for Finance, Arjun Ram Meghwal, said in a written reply in the Rajya Sabha. 
He further said that the creation of virtual currencies like Bitcoins as a medium of payments is not authorised by any central bank or monetary authority. - Economic Times of India
Over the past several months the Modi government has enacted several monetary policies meant to go after tax evaders, buyers of gold and other hard assets, as well as force individuals into the banking system where he hopes to one day soon bring about a cashless society.  And of course the threat of alternative currencies like Bitcoin go absolutely against his and the Indian central bank's monetary agendas.