Government Against the People: It Gets Worse In the Late Stages

"It’s a simple but disturbing truth: A late-stage state’s modus operandi must always be 'government against the people' – one that is inherently predatory. And it’s not because the participants are all sociopaths (though many are). At most times, governments try very hard to skim quietly, as with payroll taxes, where the producer’s money is taken away before he or she ever holds it in their hands. That’s also why tariffs were a traditional tax – the average person never saw it, and didn’t feel violated. But when governments are massively over-extended, they lose the luxury of the quiet skim and become more aggressive." Continue reading

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Ebay: Tell your Members of Congress How New Internet Taxes Will Impact You

"An Internet Sales Tax bill could greatly reduce selection and competitive prices by putting new tax burdens on small businesses. The bills proposed require very small businesses that use the Internet to collect sales taxes from out-of-state customers, increasing their cost of doing business and reducing their ability to compete with giant retail chains. Very small businesses, often with only a handful of employees, could actually be threatened and sued by out-of-state tax collectors, even from states thousands of miles away. All of these new costs may not only harm small businesses that use the Internet, but could also harm shoppers like you by reducing competition and choice." Continue reading

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Prague sends aid package to Texas blast town in honor of shared Czech heritage

"Prague said Wednesday it will send thousands of dollars in funds to West, the small Texan town levelled last week by a factory explosion and whose residents are largely of Czech origin. The government has approved assistance of four million koruna (150,000 euros, $200,000), on the suggestion of Foreign Minister Karel Schwarzenberg. Last week’s massive explosion at a fertiliser plant in the town of 2,800 residents killed at least 14 people, injured around 200 others and destroyed dozens of homes. Around three quarters of the town’s residents have Czech roots, making it one of the state’s main immigration hubs from the Central European country." Continue reading

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EU chief: Brits fighting alongside Syrian rebels pose ‘serious threat’ upon return

"Hundreds of young men from across Europe are fighting with rebel forces in Syria, the European Union’s security chief has warned. Britain has promised to step up its support for the rebels, hinting that it could be ready to send arms. But intelligence agencies have stepped up operations after a rise in the number of Europeans, notably from Britain, France and Ireland, joining fighters. Security bodies are tracking Brits and Belgians while the Netherlands has raised its terror threat to ‘substantial’ in part because of fears about citizens being radicalised in Syria. Mr de Kerchove, the EU’s counter-terrorism coordinator, said: ‘We are concerned, of course.’" Continue reading

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When Homeland Security Theater goes Off-Script

"The FBI, whose chief occupation since 2002 has been the manufacture of ersatz terrorism plots, induced Tounisi into an act described as providing 'material aid' to a foreign terrorist group. If he is convicted, he will be found guilty of carrying out the Obama administration's official policy without official permission. He is not the only American presently facing the prospect of imprisonment on this charge. The administration has filed felony charges against a US Army Veteran from Arizona named Eric Harroun, who traveled to Syria to join the fight against Assad." Continue reading

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Snarling, Robotic Police in House-to-House Search

"There is no question of anyone giving on-the-spot consent to a search when an occupant is facing a dozen men with rifles and guns pointing at him or her. The reporter describes the police searches as 'terrifying', as in police terror. Such searches are non-consensual. These police have all been trained to act robotically to control the people and intimidate them. They have been programmed. They will point the guns at a woman with a baby as readily as at someone who looks like their suspect. They will make everyone obey. The reporter says that people were not allowed back into their homes but left on the street for 14-15 hours." Continue reading

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EU governments get cold feet on financial transactions tax

"Prospects of an EU tax on financial transactions have been put into question by confusion on how it would work and a legal challenge by the UK. A six-page-long memo drafted by civil servants in the EU Council last week - seen by EUobserver - indicates cooling enthusiasm among the 11 EU countries which supported the introduction of a financial transactions tax (FTT). The officials say the FTT, which includes a 0.1 percent levy on bonds and shares and 0.01 percent on derivative products, would hit repurchase agreements on sovereign bonds, forcing up the cost of financing government debt." Continue reading

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Where Nervous Europeans Are Really Putting Their Money

"Demand for $100 bills has jumped since 2008 as nervous Europeans stuff them under the mattress, providing vivid proof that the world still loves the dollar and confirming the benefit to the US of the currency’s status as a global reserve. The amount of dollar cash in circulation has risen by 42 per cent in the last five years, with a main reason being demand from Europe, according to a top US Federal Reserve official. According to one set of estimates by the Fed in Washington, the share of US currency held abroad has risen from about 56 per cent to nearly 66 per cent in the last five years. It amounts to a $19bn-a-year gift from the rest of the world." Continue reading

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Swiss court orders stolen East German millions returned

"The ruling, upholding an earlier verdict by a lower court, concerns the transfer into a Swiss bank of 128 million euros from the communist East Germany after the impoverished country's demise in 1990. This transfer by Rudolfine Steindling, a colourful Austrian communist dubbed 'Fini the Red' who died last year, was conducted by a former subsidiary of Bank Austria, itself now part of Italy's UniCredit. In the 1990s Germany, by then reunified, complained that Steindling had no right to the money, which was amassed by East Germany charging fees from Western firms investing there, and that Bank Austria knew this." Continue reading

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Lucerne orchestra axes concert with Depardieu over tax shopping

"The orchestra in the central Swiss city decided to scrap the May 25th concert over worries that the political waves caused by Depardieu’s tax avoidance activities would overshadow the performance. The film actor, one of the highest paid in France, recently took up official residence in Belgium and obtained Russian nationality to lower his income tax bill. Depardieu was criticized as 'rather pathetic' by French Prime Minister Jean-Marc Ayrault last December for his departure to Belgium, which sparked an angry response from the actor, who said he was handing back his French passport." Continue reading

Continue ReadingLucerne orchestra axes concert with Depardieu over tax shopping