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 mexico. Show all posts
Showing posts with label mexico. Show all posts

Tuesday, April 4, 2017

Mexico working on legislation to legitimize Bitcoin as a digital asset and open it up for pension funds

Last week we showed how two Eastern governments were planning to deal with the question of Bitcoin, with one banning it outright and the other looking to integrate it into their monetary system.  Now on March 23 we have a third sovereign government debating the merits of Bitcoin, only in this case the discussion is on how to define the crypto-currency, and then facilitate its use in their financial system that could include acting as an asset holding for pension funds.

The first draft of this financial technology law was presented by the Secretary of Credit and Public Finance of Mexico, Jose Antonio Meade, in the 80th Mexican Banking Association Convention, held in Acapulco on March 23. In accordance with this law, the central bank will define the regulation that applies to digital assets such as Bitcoin. 
This new regulation is part of the National Policy for Financial Inclusion presented by the President of Mexico on June 21, 2016. One of the axes of the policy focuses on the utilization of technological innovations to provide financial services. The government is recognizing how the technological advances have transformed the manner in which people in several industries operate, including the financial sector. It is an official priority of the state to foster the application of technological innovations to reduce the cost of financial services and widen its use among the population. 
BC: What does the bill say about Bitcoin? 
SC: The central bank will define what a ‘digital asset’ is by following basically two criteria. The first criteria is the widespread adoption by the public (high market cap) and the second is the protocols, rules, and mechanisms that allow generation, identification, division and control the replication of such units of account. 
Basically, we are talking about a currency that uses a consensus mechanism and blockchain approved by the Bank of Mexico. 
Persons (including miners) with digital assets, who do not perform operations on behalf of others, are not required to obtain authorization from regulators and can use digital assets in their daily commerce. 
The most important criteria [for a digital asset] will be that the underlying technology is sound and there is widespread adoption by the public or industry. 
The government’s goals are to transit to a digital economy, reduce or eliminate the use of physical cash, make the taxation process more efficient and transparent, create a mechanism to automate regulation/auditing and supervision tasks, expand the coverage of high quality and affordable financial services and more. - Bitcoin News

Saturday, February 27, 2016

Saudi Arabia gains a strong victory as 18 month battle to kill U.S. fracking fells big opponent

Geo-politics is a messy business, and quite often much more complex than domestic politics.  Because when one nation decides to implement a policy that has global ramifications, more often than not innocents can get killed in the crossfire, and the actual goals of the government citing the conflict may exist far beyond those announced publicly.
When the leading head of the OPEC cartel decided to start an energy war by lowering the price of oil to levels not seen since the 1980’s, it started a chain reaction that would come to include Russia, the United States, Turkey, Canada, Mexico, and even Iran.  In fact, one could argue that Saudi’s oil gambit was the catalyst for forcing the U.S. to settle their decade’s long dispute with Iran as a means to put pressure on the Saudi’s to come back to Washington’s hegemony.
And despite the fact that Saudi Arabia was cutting their own throats in lowering oil prices, on Feb. 25 it appears they have finally taken a major piece from the board as the largest U.S. fracking company in the Bakken region of North Dakota announced they were halting production.
petrochina-china-oil-derricks
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Tuesday, December 15, 2015

China’s Belt and Road initiative may even go as far as Mexico

China’s re-creation of the ancient ‘Silk Road’ trade route across the Eurasian continents is more than a simply a super highway from South Korea to London… it is an organizational structure that is intended to both develop and operate trade and banking hubs in countries all along the global route.
Known also as the Belt and Road initiative, the idea of an overland and connected seaward trade construct is now peaking the interest of a North American economy, who’s long standing partnership with the U.S. may soon be split between them and the growing economic power hailing from Asia.  This is because in a new report on Dec. 14, Mexican authorities announced they want to cultivate even greater productivity and trade with China, and increase their exports to the Far Eastern economy well above the current 2% it now does in annual trade.

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Monday, August 18, 2014

America’s legacy of lost jobs and lower wages 20 years after NAFTA

In 1994, President Bill Clinton signed into law the North American Free Trade Agreement (NAFTA) which allowed new parameters for trade and trade protections between the nations of Canada, Mexico, and the United States.  This new treaty superseded the Canada-United States Free Trade Agreement, and opened up the Western hemisphere to a new globalist approach to trade.

But as the former Independent Presidential candidate Ross Perot succinctly predicted, NAFTA would go far beyond its original intentions and scope, and instead of simply providing a standard of rules by which trade would take place between the three nations, the end result was the corporate use of the treaty to move businesses completely out of the United States, and into one or all three countries to use their own laws to profit from loopholes which have led to over one million high paying jobs having fled the U.S. in the 20 years the trade agreement has been in place.




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Tuesday, April 24, 2012

Illegal aliens head back home as they find economy in Mexico better than in the US

In a new report from the Pew Hispanic Center on April 23rd, illegal aliens and legal migrant workers left the US in numbers higher than those who crossed the Rio Grande coming into the country.  It was the first time in 15 years that this has happened, and provides a huge barometer against the myth that America's economy is getting better.


Political cartoon courtesy of Daryl Cagle

The largest wave of immigration in history from a single country to the United States has come to a standstill. After four decades that brought 12 million current immigrants —more than half of whom came illegally—the net migration flow from Mexico to the United States has stopped—and may have reversed, according to a new analysis by the Pew Hispanic Center of multiple government data sets from both countries.
The standstill appears to be the result of many factors, including the weakened U.S. job and housing construction markets, heightened border enforcement, a rise in deportations, the growing dangers associated with illegal border crossings, the long-term decline in Mexico’s birth rates and changing economic conditions in Mexico. - Pew Hispanic Center



In the end, does this speak MORE on immigration polices, or the fact that America's economy is not looking very good going forward?  For all the pundits who tout the stock markets, but fail to address jobs, small businesses, and the decrease in consumer spending, these analysts continue to live in an ivory tower fantasy land that even they will soon have to wake up to face reality.

Tuesday, April 17, 2012

Former Mexican President seeks legalizing drugs as an alternative to endless war

The war on drugs has ultimately been a failure for its original mission, but it has been a boon to the cartels, prison system, and law enforcement agencies who have all expanded since the United States began dedicating resources to it.  On both sides of the fence, the argument rages over the economic impact of drugs and drug use if it is ever legalized, and on April 16th, a major figure in the history of the war on drugs made his choice on which choice should be made.



President Vicente Fox is among a growing number of leaders in Latin America calling on the U.S. to legalize drugs to reduce violence and organized crime.
"Prohibitions don't work, and the last remaining frontier of prohibition is drug, and we should questions ourselves why drugs," Fox said.

It's the same question President Barack Obama will hear from some of the leaders gathered at the Summit of the Americas this weekend in Colombia during talks about drug policies in the region.

"This war on drugs is totally lost," said Fox, the former president, during an interview at his sprawling ranch, where he built the first presidential library in Mexico. - Kens5.com

History in the 20th and 21st century shows that hard core drug users will take the substances legal or not, and those that simply want a recreational fix will do so in a responsible manner.  Holland and other European countries that legalized drugs, continue to have drug abuse problems, but they spend their money primarily on rehibilitation over incarceration, and have less criminality than in nations that spend billions each year for an epidemic that is growing, not shrinking.
Legalizing drugs now has a big time backer, and when former Mexican President Vincente Fox believes that ending the war on drugs is the best way to dissolve the epidemic, then his opinion carries massive weight since he used to be on the front lines of the problem.