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 theft. Show all posts
Showing posts with label theft. Show all posts

Sunday, August 28, 2016

Academics now vilifying cash after decades of downplaying gold

The stereotype that labels academics as little more than theorists cloistered in their ivory towers was on full display this last week when a Harvard economics Professor and P.H.D. suggested that it was time to ban all physical cash because it naturally leads people to evade taxes, incite human trafficking, and is the fundamental cause of many criminal activities.

Ironically as well, this faulty line of thinking has been the catalyst behind the vilification of gold for so many decades, and its label as little more than a 'pet rock'.

Six months since Larry Summers first suggested "it's time to kill the $100 bill," and three months after The ECB actually killed the €500 Note, another Harvard scholar is reinvigorating the war on cash. Amid claims that paper money fuels corruption, terrorism, tax evasion, and illegal immigration, Ken Rogoff (ironically of "It's Different This Time" infamy) says the US should get rid of the $100 bill(and $50s and $20s) proposing, in his words, "a 'less-cash' society, not a cashless one, at least for the foreseeable future." 
According to the esteemed ivory tower academic, paper currency lies at the heart of some of today’s most intractable public-finance and monetary problems. As Rogoff explains in The Wall Street Journal, getting rid of most of it - that is, moving to a society where cash is used less frequently and mainly for small transactions - could be a big help. 
Rogoff's begins by stating factoids as facts... 
There is little debate among law-enforcement agencies that paper currency, especially large notes such as the U.S. $100 bill, facilitates crime: racketeering, extortion, money laundering, drug and human trafficking, the corruption of public officials, not to mention terrorism. There are substitutes for cash—cryptocurrencies, uncut diamonds, gold coins, prepaid cards—but for many kinds of criminal transactions, cash is still king. It delivers absolute anonymity, portability, liquidity and near-universal acceptance. It is no accident that whenever there is a big-time drug bust, the authorities typically find wads of cash. 
Cash is also deeply implicated in tax evasion, which costs the federal government some $500 billion a year in revenue. According to the Internal Revenue Service, a lot of the action is concentrated in small cash-intensive businesses, where it is difficult to verify sales and the self-reporting of income. By contrast, businesses that take payments mostly by check, bank card or electronic transfer know that it is much easier for tax authorities to catch them dissembling. Though the data are much thinner for state and local governments, they too surely lose big-time from tax evasion, perhaps as much as $200 billion a year. 
Cash also lies at the core of the illegal immigration problem in the U.S. If American employers couldn’t so easily pay illegal workers off the books in cash, the lure of jobs would abate, and the flow of illegal immigrants would shrink drastically. Needless to say, phasing out most cash would be a far more humane and sensible way of discouraging illegal immigration than constructing a giant wall. - Zerohedge
What Professor Rogoff unfortunately tends to ignore in his diatribe to ban cash is that it is not the people, who's potential criminal activities involving money are little more than a drop in the bucket in our $57 trillion global economy, but the fact that the greatest monetary crimes are done without a single physical dollar being used.  It is the digital monetary system, run by banks, central bankers, and corrupt governments, that are the foundation for most of the criminal fraud that takes place in our financial system.

The ability to hold both cash and gold in your hands is as great a freedom as the right to own a gun.  And whenever you see a public official call for the banning of either, then the real reasons behind this are about control and dominion, or in the case of the Federal Reserve, to protect their own to the detriment of people like you and I who simply want to live under the auspices of real and sound money, and individual responsibility.

Sunday, February 21, 2016

After two years, IRS finally returns money taken from honest business owner

Fatca, Civil Forfeiture, and deposit restructuring are just some of the obscure and draconian laws and regulations that have come out of Washington since the ideological ‘war on terror’ was introduced a decade ago.  And despite the fact that the U.S. government has spent over one trillion dollars in collecting just $13.5 billion from foreign bank account holders, you would think that well paid bureaucrats would have a modicum of intelligence in determining the difference between a simple business owner, and a drug dealing cartel.
Apparently not.
civil forfeiture
Read more on this article here...

Thursday, November 19, 2015

Last year, law enforcement ‘stole’ more from Americans than burglar’s did in all their crimes

Government’s are very good at spinning criminal activity into what legislators and judges deem as ‘legal’ programs.  From enacting a ponzi scheme back in the 1930’s and calling it Social Security, to legalizing counterfeiting under the guise of monetary policy through the creation of a private banking system to control the nation’s currency, corruption by government against its people is as old as history itself.
And thanks to the ideological ‘War on Terror’ and ‘War on Drugs’, outright theft is now legalized under the name of Civil Forfeiture.  And according to a report from the FBI, legal theft by law enforcement has now exceeded the total amount stolen by labeled criminals in the all the burglaries committed last year.

Read more on this article here...

Friday, July 10, 2015

New Mexico cops cry that they will lose free money with new anti-civil forfeiture law

The rise in civil forfeiture’s, or the confiscating (stealing) of private money simply because law enforcement believes a person is guilty without proof,  and where any cash and property in their possession is assumed to have been used illegally despite no crime ever being committed, has been a boon to the coffers and budgets of police agencies all across the country.  But with public revelations of this un-Constitutional act leading some cities and states to pass laws ending this practice, some law enforcement agencies in New Mexico are crying unfair.


Read more on this article here...

Tuesday, July 7, 2015

New Mexico cops cry that they will lose free money with new anti-civil forfeiture law

The rise in civil forfeiture’s, or the confiscating (stealing) of private money simply because law enforcement believes a person is guilty without proof,  and where any cash and property in their possession is assumed to have been used illegally despite no crime ever being committed, has been a boon to the coffers and budgets of police agencies all across the country.  But with public revelations of this un-Constitutional act leading some cities and states to pass laws ending this practice, some law enforcement agencies in New Mexico are crying unfair.


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...

Tuesday, June 16, 2015

The real reason for war on cash emerges… last desperate effort for the banks and government to steal it

The most ironic dichotomy in finance today is that even after tens of trillions of dollars were printed and exported by the Federal Reserve into the global economy since both the Credit Crisis of 2008, and the subsequent implementation of Quantitative Easing programs over the past five years, there remains a liquidity crisis around the world that is leading to not only a shortage of cash, but a rare move by the banks into running negative interest rates on borrowing.  And with most of this cash being kept out of the general economy where the velocity of money could relieve many of the bottlenecks causing the liquidity crisis, the banks are left with a tremendous quandary of how they can access cash without using the printing press.
It is for this reason that university professors, economists, think tanks, and even some politicians are calling for an end of physical cash, and a move towards a completely electronic system where the central banks can seize absolute control over money and finance, and besides protecting themselves from a currency collapse, use this power to dictate the spending and savings habits of every person in the world.
Consider this Jekyl Island part II.
 

Sunday, January 18, 2015

Attorney General Holder finally acts to stop illegal theft and seizures by the police

There is one constant in the realm of politics… when the light is shined on the rats in Washington and at the local level then actual change takes place to the benefit of the citizens.  And with so many different sources, including satirists and comediennes speaking out on the topic of Civil Forfeiture regarding the police using a spurious Federal law to steal personal property from the people without a warrant or crime for their own use, Attorney General Eric Holder finally had to act and issued a proclamation outlawing these actions being done by local law enforcement.


Read more on this article here...

Wednesday, April 3, 2013

Bank run searces on Google reach all time high after Cyprus account thefts

On April 3, google searches for the term bank run reached an all-time high, even surpassing the 2007 Lehman crisis, and the ongoing Greek and Spanish bank crises.

Courtesy of Google

Additionally, many top investors and economic analysts are saying that what took place in Cyprus is not just a one time event, but a blueprint for economies in the rest of Europe, as well as the United States.

There is an old adage that says, if you want to invest well, do what the rich do.  For anyone who had been front running the Cyprus banking haircuts, they would have realized that not only did 135 wealthy Cyprians move their money out of Cyprus banks before the bank holiday, but some of these elite included the President, and Finance Ministers who went on to agree to the theft of uninsured accounts.

Monday, March 25, 2013

Church to lose $100 million as EU and ECB forge policy to steal lawful deposits

As Europe rejoices on March 25 as the ECB and EU complete a program to save the banks of Cyprus, other institutions in the island nation are not so jubilant.  The church of Cyprus, which is part of the Greek Eastern Orthodox church, is expected to lose $100 million of their money, as the Euro Zone bailout plan intends to steal 40% of everyone's money over $100 thousand euros.



The Orthodox Church of Cyprus has lost over EUR100 million reacted to its holdings in Bank of Cyprus. Church leader Archbishop Chrysostomos II, in comments on TV, noted that "Cyprus asked for 'crumbs' compared to large size of Europe’s budget," and that those responsible in Cyprus should be punished (he blames the outgoing government, Ministers of Finance, the Central Bank, and the Executive Directors of Banks) - "those that brought the place into this mess, should sit on the stool." - Church of Cyprus via Zerohedge

The church joins with former Russian KGB and current FSB depositors who themselves are expected to lose over $7 billion of their money, simply because they stored it legally in banks that corrupt ECB officials used to purchase toxic assets, derivatives, and massive bonuses.



Funny how legal depositors can lose 40% of their money simply for being a good customer, but a bank like HSBC can earn 90% of their windfall for providing money laundering services to known terrorists, drug cartels, and international criminals.

Friday, August 24, 2012

States to go after Corzine as Obama administration refuses to prosecute the insider

Recently, the Obama administration and agencies the President runs reported they will not be prosecuting Jon Corzine for the known theft of over $1 billion in customer money at MF Global.  The former Governor of New Jersey, and former head of Goldman Sachs, is a long time insider and campaign contributor to Obama, which easily reveals why the fraud scandal is allowed to get off scott free.



However, the states themselves, and the constituents they represent are not planning on letting Corzine off so easily.  In a recent interview with Rick Santelli on Aug. 21, James Koutoulas said that all 50 states are looking into the legal process to go after Corzine for his actions.

Monday, August 20, 2012

New York City provides a true case of the man stealing from black folk

New York City of the economic center of the free world, and this week it is ground zero for more theft by elitists in the government who want something a hard working black man earned.  Forget taxing the rich, Harlem politicians now want to take property from a man who built up a business without anyone's assistance.

Carmie Elmore, 67, and a partner took over the gas station at the corner of 110th Street and Frederick Douglass Boulevard in 1981, when shootings, robberies and drugs ruled the neighborhood.

Now that Harlem is blooming, the city has put developers on notice, asking for ideas to build on the property — even though the city hasn’t owned it for years. - NY Post

Contrary to popular belief, liberals and progressives are the primary politicians who take from others, and create racial strife amongst communities.  In places like Chicago, New Orleans, and New York, forced moves, bussing, and integration actually destroyed many neighborhoods that were once thriving and safe.

There were certain boundaries that people would have felt comfortable with, and liberals went beyond them, and I do blame liberaels for failing to realize that they were no longer acting liberally, they were just distributing spoils of the System amongst various groups . . . Interest Group Liberalism.

 Society is very complicated, people are very complicated, and we have to be careful when we mess with these things because we are messing with peoples’ lives and they are not going to react like laboratory rats. - Eric Alterman, Bill MoyersShow, PBS


Stealing is stealing, whether it is by people, banks, or the government.  In the case of Carmie Elmore, a man who took all the risks when the city of Harlem left the property he runs to crime and deterioration, this is another case, and finally a legitimate one, of the Man sticking it to a brother because an African-American was actually successful in business.

Sunday, December 18, 2011

Gold: If you don't hold it then it could be open for confiscation by trustees

In the aftermath of the MF Global theft and scandal, a new discovery is surfacing in the legal capabilities of bankruptcy trustees.

The right to confiscare property, even if it is owned by clear deed or receipt by a customer not associated with the failed company.

The bottom line is that apparently some warehouses and bullion dealers are not a safe place to store your gold and silver, even if you hold a specific warehouse receipt.  In an oligarchy, private ownership is merely a concept, subject to interpretation and confiscation.
Although the details and the individual perpetrators are yet to be disclosed, what is now painfully clear is that the CFTC and CME regulated futures system is defaulting on its obligations.  This did not even happen in the big failures like Lehman and Bear Sterns in which the customer accounts were kept whole and transferred before the liquidation process.   - Jessie’s Café Americain

With MF Global, we first learned the diabolical consequence of Re-Hypothicaton.  Now, the other shoe drops and the system is showing its bite and is claiming the right and power to take legitimate private property, albeit the gold and silver investors own and have stored in warehouses.

The old axiom every investor should know:  If you don't hold it, you don't own it.

Cant wait for the owners to sue the CME and the judge awards them fiat currency, while the exchanges get to keep your gold.

Commodities exchange blames MF Global for lack of charitable giving this year

The Chicago Mercantile Exchange (CME) Group has decided that because of the MF Global theft of customer accounts in the commodities realm, they will have to skip their normal donations to charity this Christmas to instead focus on paying back clients who had their money and accounts stolen, and subsequent contracts defaulted.

CME Group Inc, which has given $22 million to Chicago-area schools and charities over the past five years, has stopped making grants through its main foundation, citing the collapse of MF Global Holdings Inc.
Investigators are still searching for hundreds of millions of dollars of customer funds that CME says were improperly siphoned off Pin the brokerage's final days to plug its escalating liquidity needs. - Hartford Courant

Lets just hope the CME doesnt think those who lost tons of money to the greed of Wall Street are to be seen as charity, and that repayment is voluntary, or simply a good tax write-off.

Monday, December 5, 2011

MF Global lawsuit bypasses company and goes straight to Jon Corzine

Since the CFTC, Attorney General, Obama administration, and every regulator refuses to touch Jon Corzine after the MF Global theft and scandal rocked the commodities world, two former employees have bypassed a lawsuit agains the company and went straight for the man himself on failed fudiciary responsibility.

And as of today, two former employees have proceeded to sue Jon Corzine as fins.com reports. "Two former employees of MF Global have filed a class-action lawsuit against the firm's former Chief Executive Jon Corzine, other senior executives and board directors on behalf of themselves and current and former employees who acquired stock in the company while Corzine led the firm. The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that the defendants provided false information regarding the company's financial condition and made statements that artificially inflated the stock price." Jon Corzine and the board breached their fiduciary duty to their employees and destroyed their careers and retirement savings," Jacob Zamansky, lead counsel for the plaintiffs, said in an email. - Zerohedge

The debate between Bernie Madoff and Jon Corzine comes down to who is protected by the powers that be and who isn't.  Bernie had the hammer brought down on him, while Corzine to this point has been touched with kid gloves.  However, for employees who lost everything because of the massive fraud implemented by the former CEO, they could care less about his political connections and appear to want to make him pay in civil court, which is outside the jurisdiction of his friends Biden and Obama.

Friday, December 2, 2011

MF Global CEO and friend to the Obama administration called to testify before Congress

Well, the only question left for the American people besides 'show me the money' in the MF Global theft and scandal is whether Congress will actually hold former CEO Jon Corzine accountable, or if this is just another Mozilla dog and pony show in front of the cameras.

Lest we forget of course, Jon Corzine is as vested an insider as they come, and is extremely tied to the Obama administration as an economic advisor, and campaign fundraiser... so if any charges do come against the corrupt Goldman Sachs CEO, governor of New Jersey, and all around friend to Obama, the pardon card may already be sitting there letting the ink dry.