it can’t happen here

Given The Chance, All Governments Would Abolish Freedom Of Speech

"Philadelphia Mayor Michael Nutter filed a complaint with that city’s Human Rights Commission accusing a magazine of 'racial incitement' for publishing a story dealing with race relations. Downey, California resident Hashim Bomani was hit with a restraining order after using his blog to criticize Steven Golightly, director of the LA County Child Support Services Department. Dominic Ray Aguilar, a 37-year-old cab driver from Roseville, California, has been charged with making 'terroristic threats' against Police Officer John Moody in a Facebook post condemning Officer Moody for gunning down an unarmed man named Ernesto Duenez." Continue reading →

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71st Anniversary: Roosevelt’s Concentration Camps

"The U.S. government had several governments in South America round up Japanese residents, who were then shipped to the U.S. The government put them in concentration camps. These camps received no publicity. One of them was in Crystal City, Texas. This was kidnapping, pure and simple. This story is so horrifying that the history textbooks never mention it. You will see no show about it on the History Channel. You can read about it here. These people were sent to Japan after the war." Continue reading →

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The Story of Kidnapped Costa Rican Internees in One of America’s World War II Concentration Camps

"We last year attended a reunion of the camp members at the facility here in Texas, and I was amazed to hear stories of some whose families had been US citizens for their entire lives, yet were swept up in the hysteria, stripped of their US assets and put into the camp. Most I spoke to were, like my wife, US citizens, most born to their now-American parents, but thrown into the camp regardless. One interesting fact to me was that in order to deport all of the folks they did following the War, they officially charged all of the detainees, people who had been kidnapped at the point of a gun, with 'unlawfully entering' the nation they were kidnapped TO against their wishes." Continue reading →

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Could a Government Cash Grab Happen Here?

"With $6.8 trillion on deposit in U.S. banks, do you think that our current federal government, the one so adept at manufacturing repeated crises, would hesitate for one moment before dipping into the private accounts of depositors if a U.S. bankruptcy were imminent? Well, with massive amounts of federal spending on tap that cannot be supported by current tax rates, it’s not exactly a stretch to think that a solvency crisis is headed our way … with the grabbing hands of the U.S. government reaching for the assets of hard-working Americans to bail it out." Continue reading →

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Bank of Cyprus savers could lose up to 60%

"Big savers in Cyprus’s largest bank face losses of up to 60 percent, far greater than originally feared under the island’s controversial EU-led bailout plan, officials said on Saturday. Cyprus meanwhile launched an investigation into a list published in Greek newspapers of Cypriot politicians who allegedly had loans written off by two banks at the heart of the financial meltdown. Officials said Bank of Cyprus savers will see at least 37.5 percent of funds over 100,000 euros ($128,000) turned into shares, but a further 22.5 percent will be held until authorities know they can satisfy the terms of the bailout." Continue reading →

Continue ReadingBank of Cyprus savers could lose up to 60%

The Great Super Fantastic Bank of Cyprus & Its Awards of Excellence

"The Bank of Cyprus, which is stealing up to 40% of deposits from those with more than 100k Euros, had quite a veil of legitimacy. Check out the prestigious awards that the bank recently earned. The Central Banking heart pumps propaganda with every single beat. The arteries in the U.S., including The New York Times, Slate, The Atlantic, BusinessInsider, WashingtonPost etc....carry the propaganda to the people in the U.S. in the exact same way that the publications listed above did in Cyprus." Continue reading →

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Cyprus’ New Reality: Cash Society Without Cash

"Cyprus’ sudden acquiescence to demands by international lenders to confiscate 40 percent or more of bank deposits over 100,000 euros ($130,000) and limit withdrawals to 100 euros per day, while keeping the banks shut, has turned much of the country overnight into a fright-filled society with many people unable to get their hands on enough cash to pay for anything except food. Credit cards weren’t being accepted because businesses believe they won’t be paid, making the instruments as worthless as the plastic of which they are made. Checks weren’t being accepted either as Cyprus has become a cash society, even if most people are cashless." Continue reading →

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Thomas Sowell: Can It Happen Here?

"The U.S. government is very unlikely to just seize money wholesale from people's bank accounts, as is being done in Cyprus. But does that mean that your life savings are safe? No. If they do it slowly but steadily, they can take a big chunk of what you have sacrificed for years to save, before you are even aware, much less alarmed. That is in fact already happening. When officials of the Federal Reserve System speak in vague and lofty terms about 'quantitative easing,' what they are talking about is creating more money out of thin air, as the Federal Reserve is authorized to do -- and has been doing in recent years, to the tune of tens of billions of dollars a month." Continue reading →

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Cypriot Banking Crisis – A Turning Point for Your Portfolio?

"Most Americans would not be directly affected if North Dakota decided to seize citizens' money in order to pay its bills, but all Americans would be deeply disturbed by such an action. The principle of the matter couldn't be clearer; outright theft is wrong. But it'd probably be fear, not principle, that would have people heading for their banks in droves to withdraw cash as fast as possible. People not living in Europe should not kid themselves into thinking that this is just a European problem. With a fractional reserve banking system, it doesn't take a majority of bank depositors to decide to withdraw their cash to put their banks out of business." Continue reading →

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The Top 4 Lessons of the Cyprus Debacle You Shouldn’t Have to Re-learn

"Lesson #1 - Do Not Trust Politicians. Lesson #2 - Ditch the 'This Can’t Happen Here' Mentality. Lesson #3 - Recognize the Pattern (Bank Holiday, Wealth Confiscation, Capital Controls). Lesson #4 - Take Action Before it is Too Late. You must take precautionary action and internationalize before it is too late to act. Unless you are part of the political elite, you won’t know exactly when the window of opportunity will slam shut. For Cypriots that moment came on the morning of Saturday, March 16 , 2013. It is better to be a year early than a minute late." Continue reading →

Continue ReadingThe Top 4 Lessons of the Cyprus Debacle You Shouldn’t Have to Re-learn