Meanwhile, zombies are on the march. Literally.
We got a news item from Europe. “Thousands of protestors took to the streets in dozens of European cities,” it told us.
What’s their problem? They don’t like cutbacks in government spending.
And now Bloomberg tells us that the feds want to keep track of all money transfers into and out of the US:
Financial institutions have long been required to report all cash transactions, whether domestic or overseas, exceeding $10,000 as well as transactions that they deem to be suspicious. The proposed regulations would expand the requirements so that banks would have to report all cross-border transfers of any size, whether or not cash is involved. (For money-transfer businesses, the threshold would be $1,000 as opposed to that at banks, which would report all amounts.)
If you send $500 to your daughter in London, what business is it of the feds?
Why do you ask, do you have something to hide?
The feds say they are preventing terrorism and money laundering. What they are really doing is gaining power. It can’t be too much longer before you need permission to send money overseas. And then, the “rich” will be fitted with the equivalent of an electronic ankle bracelet…to monitor their financial movements and prevent them from getting away with anything.
But wait. Are we becoming paranoid? Are we having a bad dream? Are we “losing it”?
Maybe. But soon, finances could be a matter of US national security. And transferring money out of the country, unauthorized, could be a crime.
The zombies are counting on your money. They won’t give it up without a fight.
for The Daily Reckoning
Since founding Agora Inc. in 1979, Bill Bonner has found success in numerous industries. His unique writing style, philanthropic undertakings and preservationist activities have been recognized by some of America's most respected authorities. With his friend and colleague Addison Wiggin, he co-founded The Daily Reckoning in 1999, and together they co-wrote the New York Times best-selling books Financial Reckoning Day and Empire of Debt. His other works include Mobs, Messiahs and Markets (with Lila Rajiva), Dice Have No Memory, and most recently, Hormegeddon: How Too Much of a Good Thing Leads to Disaster. His most recent project is The Bill Bonner Letter.
Beware! Zombies are not only water proof but also illness proof and virus defiance.
Long Life Zombies !!!
If the shield is 1 inch thick, so the arrow is 1.1 inch sharp. Proctective layers are meant to be broken. Security lock is designed for the challenge. Defences are built for destruction.
Don’t worry, be happy. Haha!!!!!!!!!!!
It’s intrusive laws like that that turn law-abiding citizens against the low.
When I was a kid I felt sorry for the Russians who (I was told) had to ask government permission to do anything.
Now the joke is on me. North American governments are hugely intrusive. There is nothing including a lemon-aide stand that the government will not try to licence, tax and regulate into submission.
Soon we may find that, like in Europe, the people are revolting. (And I am not referring to people being ugly, just in an ugly mood).
Monitoring? Who are the biggest ‘fraudees’ on our planet?
First, we need to breakdown the constituents of ‘fraud’. A close study/analysis on fraud – its source, formations, causes and consequences.
More often than commonly known, fraud money are subtly injected into the economy for lightning speed development and what-nonsenses – contruction of skyscrapers, factories, infra-structure, political bailouts and so on. People seems to have accustomed to these practices. They don’t feel it. These cause and effect are silently assimilated into the society. That is to say, all transactions/activities arising directly or indirectly from fraud money are subsequently rectified. Rectifications of these natures? Alright?
Again, for thousand of years, gurus, religions and all ‘sm suspensions’ be it socialism, communism, leninism, stalism, feudalism, maoism rejecting it outright and refusing recognition of such rectifications. Even capatalism discreetly shows disapproval though in connection somewhere.
To permit these rectifications means denial of thousand years of wisdom. There
is surely a valid reason why ‘frauds’ are despised for thousand of years and they only remain in operation under darkness.
inch thick, so the arrow is 1.1 inch sharp. Proctective
In view of 100.1% requirement of accuracy, I will be on 100.2% alert in all my future blah-blah.
Have a nice day
These kind of controlls have existed in the past and could again. In the UK in the seventies I remember a fomous jockey being arrested for leaving the country to go on holiday with (as I recall) £50 undeclared in his pocket.
Even allowing for inflation this wasn’t much money and this was considered a serious offence.
The Fed has to go. They will not go without a fight. A big one. Are you ready for it? Chuck Butler brought up the idea of a Continental Convention. A really good idea and we may be close to getting one. We could close the Fed down permanently. Enough manipulation of our money. Many of you say you don’t like taxes. Well the devaluing of the money is a huge tax. The word is get rid of the Fed.
Pingback: urlman cow()
Pingback: online payday loans direct lenders()
Pingback: debit card loans with no bank account()
Pingback: payday loans online direct lender()
Pingback: submit your url free()
Pingback: do you agree()
Pingback: best free web hosting review()
Pingback: Ð¾Ð½Ð»Ð°Ð¹Ð½ ÐºÐ°Ð·Ð¸Ð½Ð¾()
Pingback: post workout supplements()
Pingback: top laptops()
Pingback: behr concrete stain()
Pingback: charlotte wedding videographers()
Pingback: cool gadgets 2014()
Pingback: affiliate offers()
Pingback: (PMI Certification()
Pingback: a fantastic read()
Pingback: outsourcing seo services()
Pingback: minion rush cheats()
Pingback: Mind movies()
Pingback: iherb coupon code()
Pingback: the resume center complaints()
Pingback: zimbabwe box()
Pingback: Cheap car insurance()
Pingback: compare auto quotes()
According to the EIA, U.S. oil production is set to peak in May as shale drillers cut back enough to actually cause a decrease in oil output. As Matt shows, we can expect oil prices to stabilize soon after, meaning now is a great time to pick up well-run oil companies before they too rebound.
China is a buy on the dips market until the dips don't pop or we get the fireworks of a blow-off top. I'm not trying to oversimplify things--but buying the dips is the best way to handle a manic market like this one.
Notes from Jim Rickards' recent trip to Istanbul, where he met with “the Donald Trump of Turkey"... central bank officials... and others. It was a great chance for him to gather market intelligence on the world’s eighth-largest emerging market. Read on...
Few understand how to value gold, and even fewer understand that gold is not really an investment — it is money. Jim Rickards illustrates this point further and gives you actionable methods to accumulate wealth in gold. Read on...
With summer vacation on the horizon across the United States, kids who are carrying measles from states hard hit like California and Arizona will be mingling to with kids from other states with almost no cases. And officials are still wary about this year’s mini-epidemic. Stephen Petranek has more…
Rice is one of the world’s most important crops. Three billion people depend on it as a staple every day. But climate change is wreaking havoc on rice production. Stephen Petranek has more on the steps researchers are taking to protect one of the world’s most important foods.
Traders have two options in this market: speed up...or slow down. And since I hope you have a life outside of watching a computer monitor between 9:30 and 4, I suggest you put your daytrading dreams on hold for a bit and hit the brakes.