Imperial Hubris

Salon: One World After All

"An article in Salon is entitled 'Elites' strange plot to take over the world.' It is basically an admission of the entire globalist enterprise over the past half-century or so. It clearly admits what we all know – that top Western elites have been in an open conspiracy to merge the world, at least the Western world, under one legislative, economic and military regime. What makes the article important? Well ... start with its writer, Matt Stoller, who 'has a background in financial journalism and was a fellow at the [technocratic/socialist] Roosevelt Institute and an editor of the financial site Naked Capitalism.'" Continue reading →

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European Parliament votes to suspend US SWIFT data exchange

"The European Parliament has voted to suspend its SWIFT data exchange agreement with the US. They’ve called for US access to the SWIFT database to be halted following concerns that the US is spying on the EU, and not simply trying to combat terrorism. EU lawmakers suspect that the US has abused an agreement giving it limited access to SWIFT. As such, they voted to freeze Washington’s capacity to track international payments through the site. The worry comes after leaked American documents indicating the US was covertly tapping into SWIFT were aired on Brazilian television. The US denies any wrongdoing." Continue reading →

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Attempts To Eliminate Cash Are More Than A Privacy Disaster

"Politicians are suggesting that cash should be gradually replaced by credit card transactions and direct bank transactions, making every single movement of money trackable, seizable, and reversable. This is not just a privacy disaster, it’s also a resilience disaster. I had the privilege of having a long conversation with the Chief Security Officer of one of the larger European banks, and he told me the outcome was a given – there will always be some kind of cash. Whether it’s issued by a central bank is completely beside the point; if central-bank cash isn’t readily available, people will create a way to trade between them without involving a third party." Continue reading →

Continue ReadingAttempts To Eliminate Cash Are More Than A Privacy Disaster

Overtaxed and over there

"'FATCA is strangling us economically,' says Genevieve Besser, an American who has lived in Germany for 25 years. Last year her youngest daughter, a dual citizen, had her local brokerage account closed by Deutsche Bank because her mother had signing authority over it. Americans are even being forced out of products that are not subject to FATCA reporting: some have been forced to pay off mortgage balances with Swiss banks, for instance. American banks and brokerages are growing frostier too. Some are closing the accounts of citizens who no longer have an American address because of FATCA." Continue reading →

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Lebanese banks tightening regulations in line with U.S. laws

"Lebanese banks Thursday assured the U.S. ambassador to Lebanon David Hale they were strengthening measures to combat all forms of money laundering, terrorist funding and tax evasion. 'We are preparing, in collaboration with our international audit firm, a manual on AML and FATCA policies and procedures,' Association of Banks in Lebanon President Francois Bassil told the ambassador. 'It will be available very soon to all operating banks in Lebanon,' he said, adding that this would allow for 'a standardized and harmonized implementation of the new U.S. regulations.'" Continue reading →

Continue ReadingLebanese banks tightening regulations in line with U.S. laws

Why Have So Many Americans Considered Expatriation?

"According to Rasmussen Reports, fully 9% of the U.S. population has considered 'expatriation.' A record number of Americans 'officially' expatriated in the second quarter of 2013—and the real number is probably much higher. The mainstream media says that U.S. citizens give up their citizenship only to avoid paying tax. The fact is, more than 7 million Americans now live abroad. Many of them can no longer hold bank accounts, qualify for a mortgage, or set up a tax-deferred account for retirement or their children's education. They don't leave solely because of taxes—they give up their native son and daughter status because they pretty much have to just to function outside this country." Continue reading →

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China’s State Press Calls for ‘Building a de-Americanized World’

"Key among its proposals: the creation of a new international reserve currency to replace the present reliance on U.S. dollars, a necessary step to prevent American bumbling from further afflicting the world, the commentary suggests. 'The cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising the debt ceiling has again left many nations’ tremendous dollar assets in jeopardy and the international community highly agonized,' says Xinhua. 'The world is still crawling its way out of an economic disaster thanks to the voracious Wall Street elites,' it adds. It’s not a new refrain." Continue reading →

Continue ReadingChina’s State Press Calls for ‘Building a de-Americanized World’

Who Wants Marijuana To Remain Illegal?

"Police unions, private prison corporations, alcohol and beer companies, pharmaceutical companies, and prison guard unions are said to be in the top five in terms of lobbying and paying lawmakers to keep marijuana illegal. Hey, this is DEMOCRACY at work. This is the best system on earth, right? This is the system the U.S. government tells us it wants for Libya, Syria, Iraq, Afghanistan, etc. If some foreign government through its politics forbids women from walking around without burkas on, that is a sign of its tyranny, U.S. officials tell us. But if the existing U.S. system forbids someone from using marijuana or some other drug, this is not infringing rights and it’s not oppressive." Continue reading →

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Bombshell: Iran Contra Whistleblower Blows The Lid off Benghazi

"Money makes the world go round. Nowhere is this motto more relevant than in the shadowy world of smuggling weaponry and drugs, not to mention legal arms sales which all too often lead to modern weaponry falling into the hands of America's worst enemies. This all becomes evident when dissecting recent events such as the 2011 ouster of Libyan leader Muammar Gaddafi, the death of US Border Agent Brian Terry with weapons obtained through the government's 'Fast and Furious' program, the 2012 murder of US Ambassador Christopher Stevens in Benghazi, and the arming of Syrian rebels attacking the government of Syrian President Bashar Assad." Continue reading →

Continue ReadingBombshell: Iran Contra Whistleblower Blows The Lid off Benghazi

Sophisticated U.S. Arms Flowing to Jihadists

"Fox News is reporting a stunning theft of U.S. arms by jihadist salafists in Libya. This news item will be made much of by critics of Obama on the right. However, military and government blunders, cost overruns, unneeded weapons systems, and general mis-management are par for the course. Of more relevance is the light this sheds on the U.S. arms being shipped into Syria. There are no significant controls that prevent these arms from reaching the most terror-prone and jihadist elements among the Syrian rebels, whose numbers are large in proportion to all the rebels. This decision to ship arms was foolhardy from the get-go, and now it looks even more ill-conceived." Continue reading →

Continue ReadingSophisticated U.S. Arms Flowing to Jihadists