CLibertyC

Italian showdown with Germany as Enrico Letta rejects ‘death by austerity’

"Italy’s new premier Enrico Letta is on a collision course with Germany after vowing to end death by austerity, and warned that Europe itself faces a 'crisis of legitimacy' unless it charges course. He said the country is in 'very serious' crisis after a decade of stagnation and warned of violent protest if the social malaise deepens. The grand coalition of Left and Right - the first since the late 1940s - will abolish the hated IMU tax on primary residences, a wealth levy imposed by ex-premier Mario Monti, and push for tax cuts for business and young people to pull the country out of perma-slump. A rise in VAT to 22pc in July may be delayed." Continue reading →

Continue ReadingItalian showdown with Germany as Enrico Letta rejects ‘death by austerity’

The Tenuous Nature of Borderless Money

"The G20 has fully endorsed the plan, and its implementation is complete or underway in member jurisdictions. The US is a G20 member, so don't kid yourself into believing it can't happen in America. It can and will. The Cyprus event has been carefully framed as an anomaly when in fact it is part of a well-orchestrated script. Americans are just one financial crisis away from triggering the provisions of the G20-backed FSB financial resolution regime. And that almost certainly will include restrictions on the movement of capital. Once your money is trapped inside the US, any type of concocted emergency 'tax' can be imposed on your wealth." Continue reading →

Continue ReadingThe Tenuous Nature of Borderless Money

Bank of Cyprus converts portion of uninsured savings to equity

"Bank of Cyprus (BoC) said on Sunday it had carried out a conversion of uninsured cash deposits in the bank into equity, one of the conditions of international lenders to offer the cash-starved island financial aid. The process, known as a 'bail-in', made depositors in the bank pay for its recapitalisation, after the institution was hit by massive losses from its exposure to debt-crippled Greece. It converted 37.5% of deposits exceeding €100,000 on March 26, into 'class A' shares – nominal value €1 -- with an additional 22.5% held as a buffer for possible conversion in the future. Another 30% would be temporarily frozen and held as deposits." Continue reading →

Continue ReadingBank of Cyprus converts portion of uninsured savings to equity

The history of the requirement that U.S. citizens use U.S. passports to travel

"This requirement traces its roots all the way back to the Immigration and Nationality Act of 1952. However, it’s worth remembering two rather amusing facts about the law as it originally stood: it only required United States citizens to bear a 'valid passport' and not a 'valid United States passport', and it only applied in time of war or national emergency. In 1994, a 'technical amendment' added the requirement that the passport used by a U.S. citizen to enter the United States be a U.S. passport. The restriction that the harsh passport control laws would only apply in wartime was removed by the Foreign Relations Authorization Act for Fiscal Year 1979." Continue reading →

Continue ReadingThe history of the requirement that U.S. citizens use U.S. passports to travel

Going Global 2013 – Internationalizing Your Assets – By Casey Research

"Featured Speaker includes: Doug Casey; Peter Schiff; Mike Maloney; David Galland; & Kevin Brekke. Going Global 2013 Report - Not only for Americans but all people of the world to consider in preserving their wealth legally against corrupted Governments." Continue reading →

Continue ReadingGoing Global 2013 – Internationalizing Your Assets – By Casey Research

20 Signs That The Next Great Economic Depression Has Already Started In Europe

"The truth is that Europe is a lot like the United States. We are both drowning in unprecedented levels of debt, and we both have overleveraged banking systems that resemble a house of cards. The reason why the U.S. does not look like Europe yet is because we have thrown all caution to the wind. The Federal Reserve is printing money as if there is no tomorrow and the U.S. government is savagely destroying the future that our children and our grandchildren were supposed to have by stealing more than 100 million dollars from them every single hour of every single day. But the alternative scares the living daylights out of our politicians." Continue reading →

Continue Reading20 Signs That The Next Great Economic Depression Has Already Started In Europe

Boston Bombers’ Family Received $100,000 in Government Welfare

"We know that this sort of thing goes on. We know that the welfare state is now basic to American life. But bombers or not, this family has been openly ungrateful. They have had nothing good to say about America. But America is an equal opportunity welfare state. Those who hate the country are given the same handouts as those who love the country. What did the handouts buy the voters? Resentment. The younger brother was a stoner. He spent the taxpayers’ hard-earned money on marijuana. His older brother used the money to fly to Russia and then, somehow, get to Chechnya. How the Russian authorities missed that excursion remains an unanswered question." Continue reading →

Continue ReadingBoston Bombers’ Family Received $100,000 in Government Welfare

Another Major Police Lie About the Boston Bomber Search

"They locked down major parts of Watertown, Massachusetts and conducted warrantless searches, yet police somehow skipped the street Boston bomber Dzhokhar Tsarnev was on. Only later, did a private citizen discover him. Police originally said that Tsarnaev was captured outside the perimeter that police had set up to encircle Tsarnaev. It turns out that is a lie. Tsarnaev was found hiding by a private citizen only 8 blocks from where Tsarnaev and his brother initially engaged in a gun battle with police." Continue reading →

Continue ReadingAnother Major Police Lie About the Boston Bomber Search

Feds Threaten Medical Pot Dispensaries with 40-Year Sentences

"Landlords are receiving threatening letters from US Attorney Melinda Haag, warning of forty-year-prison sentences if landlords do not evict their dispensary tenants. In October 2011, Haag and three other US Attorneys declared war on California’s estimated $1.3 billion medical marijuana industry, threatening hundreds of landlords with forfeiture. Hundreds of dispensaries across the state moved or closed. Haag is attempting to seize Harborside Health Center in Oakland, as well as its sister club in San Jose. Last year, California Gov. Jerry Brown said California didn’t need 'federal gendarmes' kicking in the doors of lawful businesses." Continue reading →

Continue ReadingFeds Threaten Medical Pot Dispensaries with 40-Year Sentences