The Australian federal government is planning a full assault on the black or underground economy by appointing a taskforce who will consider the future of the $100 note and bans on cash payments over a certain level. Australia, like everyone else, is facing a monetary crisis whereby the current system of taxes and social programs […]
The EU is just insane. They cannot comprehend how to run an economy. The abuse on taxation assessments in the EU has led to McDonalds relocating its international headquarters from Luxembourg to the UK. The U.S. fast food chain announced last week that a new holding company was being established in the UK, where most of […]
The Dallas Police and Fire Pension System’s Board of Trustees officially suspended all withdraws last week. The move stopped $154 million of withdraws requested last week alone. If those withdraws would have been allowed, the fund would be below the $600 million in liquid assets that is required to maintain the $2.1 billion fund. Over […]
Government is on the verge of completely destroying the economy all because those in power are incapable of managing even a bubblegum machine. Local cities are desperate for money as their own pensions keep moving closer to collapsing. Instead of dealing with the problem, of course, they always choose to just tax the stupid people. Pasadena […]
We tend to assume that the freedom of movement is confined solely to migration and travel. There are four aspects to the freedom of movement, and migration or travel is only one. Yes, we warned that the Schengen Agreement would come to an end and the European refugee crisis has enabled that decline. We warned that this agreement, […]
We are all plagued by the abuse of these red-light cameras that just rack up money for companies and governments. The former chief executive of Chicago’s first red-light camera vendor was sentenced to 30 months in federal prison and over $2 million in restitution for paying bribes to a city official to help procure the […]
The patrons of Bonnefooi, a cafe in the center of Brussels, last week received an inspector of the City to visit. Who asked them to pay the “tax dance.” Yes you read correctly. Brussels has a “dancing tax” written in the 50´s and as the government needs money, they have “revitalized” this tax since 2014. For every […]
The European Payments Council (EPC), a subdivision of the European Central Bank, is taking one giant step forward in their quest to eliminate all cash to increase taxes. They have gone ahead and set up the technical bases last week to enable the immediate payments system throughout Europe. One of the stumbling blocks has been the […]
We are entering a very dark phase in this battle to retain our liberty. A proposal now being whispered behind the curtain in Europe is to impose a tax on withdrawing your own money from an ATM. The banks support this measure as a whole because they see this as preventing bank runs. Nobody will […]
The hunt for money is intensifying with the aid of banks no less. India was the balloon. They simply canceled the current with no notice and imposed a 90% tax on anyone holding the high denomination notes. This is how the world governments operate. The first bail-in was done in Cyprus. We were even contacted […]
