You are here

Dollar Vigilante

Subscribe to Dollar Vigilante feed
Updated: 3 hours 8 min ago

The NFL'S PR Nightmare A Symptom Of A Decaying US Empire?

Thu, 09/18/2014 - 16:33

[The following post is by TDV Chief Editor, Jeff Berwick]

A PR disaster for the National Football League (NFL) has overshadowed the start of the 2014 football season in the United States. Player-after-player has been arrested for violent offenses. In fact, since Ray Rice was arrested in February, 33 players overall have been arrested for various offensive from domestic abuse to plant possession. When you stretch that timeline back further, an astonishing history of arrests by NFL players develops. Just look at this looong list.

The NFL is a microcosm of the US itself. A main incubator for militaristic thought, it seems the private not-for-profit organization is falling apart at the seams just like the US. While many players - who have suffered brutal hits throughout most of their lives - were arrested for violent infringements, others were arrested for minor things, meaning that some of the NFL's problems has to do with adapting to incorporation in a police state. 

The media loves a good story, and so they covered the Ray Rice scandal when he beat up his wife in an elevator, but now it seems it has taken on a life of its own.  The NFL suspended him for two games. Ray Lewis murdered two people and his suspension was initially similar to Rice's. Remember Ricky Williams? The talented football player who smoked marijuana and other herbs? He was banned for entire seasons for smoking those plants. But initiate violence? The NFL will slap you on the wrist. Similar to how many victimless offenders are sitting in US jails for their entire lives for drugs while people there for murder oftentimes get off after but a few years. At any rate, just like the US itself, the NFL is now a parade of people being put into cages.

Condoleeza Rice has expressed interest over the football commissioner job, and many on the right believe she is the right fix for the NFL. It makes sense how the military establishment would want one of their own in the NFL considering how important the NFL is to supporting the war agenda.  The NFL is the bread and circuses of the US, the Berlin Olympics of Nazi Germany. Football is all day on Sunday, taking on religious tones in a nation built on the puritan work ethic, which still maintains its subconscious hold.  Just like in communism,  religions and spirituality in the US are being downplayed. Football replaces religion as a sort of new religion or obsession for many people in the US.  Complete with fly-byes and troop and flag worship.

The NFL is now the American Past-time. It used to be baseball, which is a much more mellow game and less war-like. The US wasn't nearly as bad as it is now when baseball was its favorite sport. George Carlin expresses this well.

Click here or on thumbnail

 

Don't get me wrong, I don't dislike the sport of football.  My biggest issue is with the NFL, itself, and its blatant militarism, patriotism and that it seems like there are more commercials than action. The sponsors are pulling away considering all of the arrests of NFL football players this season.

Sports sure have changed over time. Obviously there is much more emphasis on physicality and sports medicine. It was just forty years ago when smoking cigarettes on the sports field was commonplace.

Overall, these scandals are a good thing. The NFL might be losing some face, but really this is another sign that the US's Empire is decaying. 

Plus, when you are trying to run countless wars and occupations around the world it doesn't hurt if people spend all week talking about how an NFL player hit his wife or kid.

The power going out during the Super Bowl in New Orleans also seemed like a strange harbinger of times to come which seem to continue on to this day.  As I joked at the time, "That is bound to happen if you are going to host the Super Bowl in a third world country".

Perhaps its all planned as part of the big show... or perhaps it is just happening naturally as the NFL reflects many of the issues inside the USA itself today.  In either case it is fascinating to watch the NFL going through serious problems just as it is to watch the US as a whole nearing its near complete and total destruction.

I, for one, am glad that I'll likely watch it all from my flat screen TV on the beach in Anarchapulco rather than outside my front window.

Questions or comments on the NFL? Comment here. 

Jeff Berwick

TDV Interview: Jim Goddard

Thu, 09/18/2014 - 15:29

Jeff is interviewed by Jim Goddard of The Goddard Report on the subject of Scottish independence, topics include: the 50/50 split, pleading from the UK, the queen, pension fund, Norway, not much will change either way, wealth will remain in the hands of the elite anyway, pound set to go to zero, Scotcoin, Bitcoin, Catalonia, decentralization, non-violent separation, power trying to stop independence.

Click here or on thumbnail

 

More Ominous Moves by the Self-Proclaimed World Fiat Currency Police---aka OECD

Thu, 09/18/2014 - 00:25

[The following post is by Paul Seymour, Director of TDV Offshore]

Give this following first paragraph of the article just a moment of critical analysis—“The Organization for Economic Cooperation and Development has released its first set of recommendations for a coordinated international approach to combat tax avoidance by multinational enterprises, under the OECD/G20 Base Erosion and Profit Shifting Project.”

Man, where is Archie Bunker when you really need him? Even after a night out bowling with the boys he’d be able to see straight through these Red Commie Fags. First of all, it seems to imply that there’s actually something wrong with, as it says, “tax avoidance by multinational enterprises”. They seem to be adopting the posture of the proverbial knights in shining armor, rushing in to protect the world from evil capitalism.

Tax avoidance is as hot dog and apple pie as is making a profit from your investment and sweat. Well, I forgot, Amerika is no longer a capitalist country, and making a profit, is apparently unpatriotic, if you listen to communist/totalitarian wings, such as Senator Schumer, or the unelected servant, Treasury Secretary Lew.

Back in the old days, when America was still in existence, avoiding taxes was just one more facet of maximizing profits. Every company, large or small, would dedicate a certain percentage of the budget towards minimizing their tax burden, as it used to be termed. Let’s take it a step further, and come right out and say that every legal entity, or natural person, has a patriotic duty to avoid taxes, to the extent of the law. Thereby legally retaining as much of their hard-earned profits as possible. These retained earnings then, could be reinvested much more efficiently, than each dollar lost to the government via taxation. From my basic understanding of economics, which is probably enough to get by with, considering the Ouija Board fundamentals employed in that particular discipline, I can comfortably say that each dollar of taxes avoided by any citizen, will most certainly be more efficiently re-introduced to “society” than any similar dollar lost to taxation. Conversely, gleefully handing over a single penny to the three-headed monster, in order to mismanage, and in direct contrast to public will, is essentially traitorous.

I’m not even finished with this first paragraph yet. The OECD/G20 Base Erosion and Profit Shifting Project? What the hell is that? That sounds straight out of an Orwell novel to me, and hence the word “ominous” in the title. Let’s take a journey together here to get to the bottom of that. Paragraph two goes on: “The OECD and the Group of 20 finance ministers hope to create a single set of international tax rules to end the erosion of tax bases and the artificial shifting of profits to jurisdictions to avoid paying tax.”

Yep. That’s exactly what I was afraid of. I’ll tell you what. Someday relatively soon, people are going to have to decide whether or not they’re “Loyalists” or “Patriots”. You either support the status quo (England/Current US Statists), or you’re for some radical change (Colonial Patriots/Libertarians). In historical perspective, you either support the current power (England/USSA) or principles of law for every citizen.

If the OECD manages to pull off a “single set of international tax rules”, you might as well join the rest of the crowd, and get some really good drugs, along with a comfortable couch, and a good video game to waste your time on. There won’t be much motivation left for working at that point. I guess then, like in Cuba, the OECD will start deciding what flavors of ice cream will be made available based on their thorough analyses of such personal habits, and their conclusions of the economic impacts of offering said flavors.

Let’s continue with this potentially historical article: “The G20 has identified base erosion and profit shifting as a serious risk to tax revenues, sovereignty and fair tax systems worldwide,” said OECD Secretary-General Angel Gurría in presenting the recommendations.”

First of all, based on my extensive experience in Latin America, if you’re the US or France, what you really want is a Latin American man in charge of this charade. Is that racist? Yeah, I guess it is. It’s also accurate. You know what? I’m still trying to figure from where these clowns think they derive their jurisdictional authority? I suppose it’s an inferred mandate again, based upon the inaction of the sheeple to do anything about it. Just bend over and say—Thank you sir, may I please have another? You’re worthless, and weak, as John Belushi would rightfully say.

So again, I have to ask, who the hell is the OECD to be “Identifying” anything? The OECD is funded by its member countries, with the largest contributor being, yes, you guessed it, the United States of Amerike. I’ve pointed out before the irony of this additional end run around of the Constitution. Here’s the USG establishing an Offshore Agency, which therefore isn’t accountable to anyone, in order to carry out orders by its Managers (not investors) in order to kill the ability of the contributing investors (you the taxpayer) to have the same rights to offshore privacy. If you need to take a sip, and read that again, in order to get your head around it, that’s ok, go ahead, you’re still free to do so.

In light of what’s currently occurring in Amerike, I feel a sense of duty to report that, as of yet, the OECD doesn’t have their own police force, nor military, but who’s willing to bet that isn’t in the works? Of course it will start with an unarmed Criminal Investigative Unit. Aimed at sniffing out tax “avoidance”. That previously accepted patriotic act, which the OECD would apparently like to criminalize. We’ve all seen that mission creep before.

It doesn’t get any better as we progress with this story, I’m afraid (emphasis added)—“Our recommendations constitute the building blocks for an internationally agreed and coordinated response to corporate tax planning strategies that exploit the gaps and loopholes of the current system to artificially shift profits to locations where they are subject to more favourable tax treatment.”

Again, aren’t such important duties traditionally only entrusted to the elected officials of each, and sovereign, democratic society? When this guy says “internationally agreed upon”, is he referring to Bangkok, Moscow, and Brasilia for example? Clearly this US-funded body has embarked upon a dark mission of world dominance through control of the fiat money supply. To the benefit of who? Well, as a reasonably experienced businessman, I’d have to assume that its rather substantial investors (you, by the way) are hoping for a fair return on your money. Ironically, that return is also your money. Talk about arbitrage….

On a positive note, the same article gives equal time to those who seem to be on board with Archie regarding the spread of communism. First example: “Tax continues to be high on the agenda of both the public and policy makers,” said Ian Young, international tax manager at the Institute of Chartered Accountants in England and Wales, in a statement Tuesday commenting on the OECD recommendations. “The international flow of goods and trade, the spread of the Internet and the digitalization of economies and the globalization of business creates a headache for governments of established and emerging economies as they seek to secure their public finances and ensure they receive a reasonable tax take from international business.

Well, I give Ian the award for understatement and restraint on that comment. I suppose that when you receive a salary from the Institute of Chartered Accountants in England and Wales, one might be well served to instead allow unbridled rabble rousers to express oneself adequately. If I read between the lines correctly, he’s saying that governments are frantically scrambling in order to adapt to a world that is rapidly moving towards making those useless parasites ever less relevant. Scared and desperate, even, which, in this observer’s opinion, makes them continually more dangerous. Reference the recent attempts to effectively neutralize citizens’ use of the internet.

Another esteemed commenter—“Frederic Donnedieu, chairman of Taxand, a global organization of specialist tax advisors to multinational businesses, sees major changes in how international taxes will be handled. "The OECD’s BEPS Action Plan is designed to redefine and revolutionise the taxation of companies across the globe," he said. "It is the most coordinated attempt to reach common objectives—in both developed and developing economies—that we have seen in some time. But it’s clear from today’s press conference that whilst the OECD’s plans are undoubtedly a further step to tilt the balance of power further towards tax authorities, how they will be implemented and the form they will take is very much unknown.”

Again, a critical thinker has to read between the lines here. It makes one wonder seriously about how world citizens will be able to shift their assets over to the ever more reasonable-sounding regimes outside the West. What a change from 20 years ago. Today, if one truly cares abou preserving their basic human rights, they must carefully consider the possibility that the only way to do that will be to actively search to invest their resources outside the virtual “jail” of the SWIFT system, ie the new BRCIS proposed monetary system? I’m not yet proposing that as a real solution, but it’s certainly becoming something to rightfully explore as a freedom-loving individual or corporation. Considering the current trend of corporate flight, it’s certainly something to consider.

Donnedieu continues, "Multinationals should be concerned that in many ways, the OECD Action Plan legitimizes the aggressiveness we have already seen from tax authorities towards taxpayers, particularly in areas such as transfer pricing," Donnedieu added. "Time will tell whether all of the OECD’s BEPS initiatives will be implemented and indeed how they will be enforced, but there is still cause for concern.”

Again, as I read between the lines here, Donnedieu is very carefully mirroring my comments above about the OECD’s jurisdiction, when he says ---“we’ll see how this is enforced in a borderless, digital world”---- and may possibly also have the future viability and relevance of the fiat currencies in mind when he alludes to whether or not they’ll even ever get implemented. There clearly seems to be the smell of desperation in the air, and moves are being made quickly. It behooves one to stay abreast at the moment. Lest one wake up one morning to be informed by their elected representatives—

“Dear Citizen,

Upon careful reflection, we’re very sorry to inform you that as of today, you are, sorrowfully, quite poor. God Bless you, and God Bless America in these difficult times…….”

Enough said.

Here’s to living right.

Paul Seymour, CPA
Director of Offshore Services
TDV Offshore

Paul worked for several years with Big 4 CPA firms in both the US and Saudi Arabia, and then spent many years as a multi-national corporate Controller and CFO in places like Florida, Riyadh, Abu Dhabi, Cairo, and Medellín. In his second, more free life, he has found a natural home in the offshore industry following almost two decades as a permanent expat from the former America. Contact him to learn more about the realities of economical offshore asset protection pseymour@tdvoffshore.com

Scotland's Independence Would Ignite Secessionist Movements Worldwide

Tue, 09/16/2014 - 16:33

[The following post is by TDV Chief Editor, Jeff Berwick]

Secessionist movements have gained in popularity in recent years as the global economic crisis persists and as people awaken to the fact they are owned by people often thousands of miles away. Making headlines most recently is a movement in Scotland seeking independence from London and the United Kingdom (UK).  Whatever way Scots vote on Thursday, the seeds have been sown for a Scotland that will, in the future, become increasingly independent (at least mentally).

Whether Scotland votes yes or no Thursday is still an unknown. The race is reportedly in a dead heat. The media is arguing across the spectrum that independence for Scotland would bring turmoil to the region as if the UK has navigated the economic crisis unharmed.

The media wants to drive home this following point: A yes vote will render Scotland a powerless state with crushing debt and no financial infrastructure, because all of that infrastructure will head south. The European Union will shun Scotland as will NATO and the US. Paul Krugman added to the fear: “Be afraid, be very afraid" the amateur economist wrote. The Scots have a bit of anxiety, but the fear factor is overplayed. 

Nonetheless, the Scottish are investing in physical gold. Purchases of gold rose by 42% over the past two weeks, according to BullionVault.com. CoinInvest also saw a "significant upturn" in UK trading.

"As we can not see a similar trend in our other markets, we can only assume that Scotland has been a significant factor." Director Daniel Marburger confirmed this:

"Our August and September UK gold sales are already up by 20% when compared to the same period in June and July this year and there are still two weeks to go until the end of September. Sales of silver in August are also up by more than 25pc. Given that global uncertainty in the Middle East and the Ukraine does not seem to have had a significant impact on gold and silver demand in the rest of our markets over the last two months, we believe that Thursday's referendum for Scottish independence has had a notable effect on demand in the UK."

A modest uptick in precious metals demand is not betokening of a full-scale bank run. Evidence does show that Scotland-based investors are seeking to move money out of Scottish banks. Reports have appeared of people crossing the border to open accounts in northern England. Banks say they will leave Scotland after a yes vote.  Swiss lender UBS said bank depositors would withdraw money from banks in Scotland immediately after a "yes" vote in favor of independence. As we saw in the 20th century, every monetary and political break-up  "without exception" has been preceded by a "sudden deposit transfer" from one part of the union to another, global economist at UBS investment bank Paul Donovan points out.

"In the wake of a yes vote, we think there will be a deposit transfer from Scotland to England," he said.

"I think there would be almost immediate concern, a scramble on the part of bank depositors to find out whether their sort code is Scottish or British and people would be looking to have their money domiciled in Britain," Donovan said.

A "yes" vote in Scotland would be “considerable economic turbulence” according to Credit Suisse analysts. Deutsche Bank's chief economist David Folkers-Landau said a yes vote could mean “negative consequences far beyond what voters and politicians could have imagined” and would “go down in history as a political and economic mistake”.

Interestingly, the free market crypto-anarchists are trying to come to the rescue again.

The Scotcoin project is one such proposal.  Set up by Derek Nisbet, an Edinburgh-based venture capitalist, the cryptocurrency is offering 1,000 Scotcoins to every resident adult of Scotland – as well as bigger allocations for businesses, charities and start-ups, to boost the economy.

Nisbet said, "There is so much uncertainty with the current financial situation, that introducing a voluntary cryptocurrency, which may in the future act as a medium of exchange for the Scottish people, can only benefit them should there be major disruption."

The "No" vote has a narrow lead as I write, but the winds of secessionism are strong these days. We've written here before in The Dollar Vigilante (TDV) Blog on secessionism's new popularity:

Sales of bumper stickers reading “Secede” – one for $2, or three for $5 – have increased at TexasSecede.com. In East Texas, a Republican official sent out an e-mail newsletter saying it was time for Texas and Vermont to each “go her own way in peace” and sign a free-trade agreement among the states.  A petition calling for secession filed by a Texas man on a White House website has received tens of thousands of signatures. The Obama administration will be tasked with issuing a response. Larry Scott Kilgore plans to run for governor of Texas in 2014, with a main goal to secede.

New Hampshire has its own independence movement. California and Oregon do, also, in the form Jefferson State. Although the goal of Jefferson State is not to secede from the US, the independence-mindedness of the movement is significant. In time it could become secessionist not only from Sacramento and Salem but from Washington, DC.

Venice wants independence from Italy, just as Catalonia has attempted to be independent of Spain. Bavaria has sought similar and has its own local currencies to show for it. Germany, Greece, Italy, Ireland, Spain and Portugal, if they left the European Union, would have to establish their own regional currencies and grow their economies, creating competition for the European Central Bank and other nation-states. Scotland cut ties with England, and a current split of Belgium into Flemish and Walloon entities only fan the flames of independence movements throughout the west, including the US and Canada.

Scotland's vote on Thursday is merely a heartening symptom of a global trend: towards decentralization. Unrest and dissatisfaction with the current political and monetary system is increasing globally, and this portends independence movements.

THE ANARCHIST TAKE ON SECESSION

The anarchist position is that there should be no violent, involuntary, centralized power.  Because of that, anarchists look positively upon any region which decentralizes its power as is the potential case in Scotland.  The goal is to eventually see every state in each country become sovereign, then every city... and eventually 7 billion sovereign "governments" on Earth.  The anti-thesis of this is what The Powers That Be (TPTB) are pushing, one giant government that governs the entire world.

If Scotland does secede from the UK... and we always say here, "If at first you don't secede, try try again", it does not necessarily mean that Scotland will be all that much freer than it was before if it chooses to remain within an even bigger and more centralized power, the European Union.  If Scotland does secede from both the UK and the EU, however, then it will be a sovereign country.  And that would be better than what it is today and we would heartily support it.

Having some Scottish family history, as can be seen by my surname, Berwick (which means barley farmer), and having some past familial relations from the area known as Berwick Upon Tweed (which is actually now in England a few miles south of the Scottish border) I am glad to see the spirit of sovereignty and freedom is still alive in that region... I just hope they realize that freedom doesn't stop with just seceding from England but seceding from any centralized, involuntary form of control.

In that respect I stand with another Scottish icon, Groundskeeper Willie!

Click here or on thumbnail

In the past, people of Scotland have had to physically fight and die to fend off the control of England as is portrayed in this well known speech from Braveheart.

Click here or on thumbnail

The speech ends with, "They can take our lives but they can never take away our freedom!"... Today, the English aren't taking anyone's lives physically and all it takes to remove their control and regain a small amount of freedom is the ticking of a box.  

We'll see if the people of the region known as Scotland have even the will to so easily remove one level of their centralized power this Thursday.

Comments on the Scotland referendum? Join us at The Dollar Vigilante TDV Blog.

Jeff Berwick

World Leaders Call For Global Drug Decriminalization - A Multi-Billion Dollar Industry Emerges

Mon, 09/15/2014 - 15:26

[The following post is by TDV Chief Editor, Jeff Berwick]

The global trend of marijuana and drug decriminalization is continuing and picking up steam. We have written in The Dollar Vigilante (TDV) Blog and The TDV Newsletter that this will be a very big market in the coming years and many billions of dollars of wealth will be created from this space. Innovations like the Silk Road marketplace have revolutionized the way man can access the outer limits of his consciousness through hallucinogens, something which man has done for millennia. Even some animals eat plans and researchers think it is to "trip."

World "leaders" are now calling for the decriminalization of drug use which is a big change. In the past year it has mostly been grassroots state movements which have paved the way for decriminalization and legalization. Now, high officials are making the calls. For instance, former Presidents of Brazil, Chile, Colombia, Mexico, Poland, Portugal and Switzerland are pushing for a global change in drug policy.

In a new report, called “Taking Control: Pathways to Drug Policies that Work, by the Global Commission on Drug Policy”, the evolution of thought on drug policy is discussed and decriminalization, alternatives to incarceration and greater emphasis on public health approaches are all touted. The Commission is considered "the most distinguished group of high-level leaders ever to call for such far-reaching changes."

“The facts speak for themselves. It is time to change course,” according to Kofi Annan, Chair of the Kofi Annan Foundation and convenor of the West Africa Commission on Drugs. “We need drug policies informed by evidence of what actually works, rather than policies that criminalize drug use while failing to provide access to effective prevention or treatment. This has led not only to overcrowded jails but also to severe health and social problems.”

The War On Drugs caused mass incarceration and there have been no answers from officials on how this problem will be alleviated. Most of them probably don't want this problem alleviated because it would take a sponsor – Corrections Corps of America – out of their back pocket. No politicians want to undermine the satisfying year the CCA stock has had:

Not to mention, police forces would be reduced dramatically if they didn't have to follow young people around and stopping them, frisking them and incarcertating them if they had a marijuana bong and a few plants in their pocket.

“Ultimately, the global drug control regime must be reformed to permit legal regulation,” stated former president of Brazil Fernando Henrique Cardoso. “Let’s start by treating drug addiction as a health issue – rather than as a crime – and by reducing drug demand through proven educational initiatives. But let’s also allow and encourage countries to carefully test models of responsible legal regulation as a means to undermine the power of organized crime, which thrives on illicit drug trafficking.”

Treating drug use as a health issue, and not a crime, is a big step on the way towards understanding these issues. Ultimately, this can help us understand that often when somebody has a "drug problem," they actually have a "life problem." Only then can we begin to understand dependency and the drugs we use (the good parts and the bad parts). 

“As several European countries became aware of the harms caused by repressive drug policies, they adopted harm reduction and innovative treatment strategies like needle exchange, substitution therapies, heroin prescription and safe consumption rooms, as well as the the decriminalization of drug consumption and possession for personal use”, stated former Swiss president Ruth Dreifuss. “Such lifesaving and safety enhancing measures represent only half of the way to dealing responsibly with drugs in our societies. Regulating the whole chain, from the production to the retail of drugs, allows to rollback criminal organizations, secure quality standards and protect people’s life, health and safety.”

As we've seen in Denver, it appears when drugs are no longer forbidden, people are less drawn to them. 

“Health-based approaches to drug policy routinely prove much less expensive and more effective than criminalization and incarceration,” former President of Mexico Ernesto Zedillo said. "Decriminalization of drug consumption is certainly crucial but not sufficient. Significant legal and institutional reforms, both at the national and international levels, are needed to allow governments and societies to put in place policies to regulate the supply of drugs with rigorous medical criteria, if the engines of organized crime profiting from drug traffic are to be truly dismantled."

In the real world, too, big changes are afoot. One merely need to look to Chile for that nugget of good news.

Claudio Orrego, governor of Metropolitan Santiago, announced last week the approval of the first farm in the capital to grow marijuana for medicinal and research purposes.

"It's (something) that's being done in other parts of the world. We greatly value the use of this farm for research," Oscar Concha, the metropolitan director of SAG, told reporters.

Concha also said that "there's a commitment by the Daya Foundation to fulfilling the established security requirements."

"This is, without a doubt, an historic milestone. We're starting to build a road toward alleviating the suffering of many people, we're starting to build a friendlier society," said Daya Foundation president Ana Maria Gazmuri. Marijuana use is not against the law in Chile, though the sale and cultivation of marijuana is prohibited, making it illegal in practice. The government has been open to the use of medical marijuana.

I am very excited for these changes. I don't personally use many drugs other than from time to time when others around me are. But I know many people who have and do use them and in many cases they are the most capable and driven individuals I know. Also oftentimes the most creative. I also know many of my favorite pieces of art (movies, books, music, etc.) have been conceived thanks to these drugs. This has always led me to suspect the real reason these things are illegal is because they encourage new lines of reasoning... thinking outside the box. 

But the box is disintegrating and people are catching wind of new ways of seeing. These are just a few of the signs.  In TDV Golden Trader our motto is "In Bullion and Bud We Trust" and one of its recent gold (bullion) stock picks rose 400% and was bought out.  And an investment opportunity in the medical marijuana sector already has resulted in 100% gains in the last month (subscribe to TDV Golden Trader here).

These are the very early days and those who invest now, especially in the medical marijuana industry, have the potential to reap massive gains.

Had any trippy experiences or have insights into drug policy? Join us and comment at The Dollar Vigilante Blog. 

Jeff Berwick

Is Bitcoin Making People Want To Kill Themselves? - TDV Week in Review: September 14th, 2014

Sun, 09/14/2014 - 13:37

Originally appeared at Bitcoinomics.Net

In the bitcoin community, discussion generally revolves around the success of the technology over the past five years. Rarely does it venture forth into a darker area of conversation: the psychological toll participating in a world-disrupting, extreme growth industry. In fact, bitcoin is much more than an extreme growth industry. It is perhaps the first example of a decentralized autonomous corporation, or peer-to-peer corporation. In this view, all of the participants in bitcoin are working towards preserving, growing and marketing the 24/7, global project. They are, in a way, contractors for the technology. This seems pretty exciting. But, there is a darker side. Like any job, helping to develop bitcoin and the bitcoin ecosystem can trigger stress and all its associated detriments.

Even when a person is in an industry beaming with success, they might not have the best of luck or make the “right” decisions. Anything could go wrong, and sometimes everything seems to go wrong.  This leaves people oftentimes doubting their ability – their intelligence, their worth, and so on and so forth. It’s not easy failing, let alone while so many around you succeed. But, alas, this is the position many bitcoiners (or would-be bitcoiners) find themselves: calculating their opportunity cost, regretting poor decisions. In essence, kicking themselves for missing out. Warren Buffet has said “I wish I had bought bitcoin years ago.” He’s not the only one who has uttered this sentence.

For much of 2013, Jesse Angle, Chris Kantola and Paul harrison held no jobs and had no roofs over their heads. Thanks to Bitcoin, they survived – never having to go without food.

From April to September they lived on the streets in Pensacola, Florida, using their laptops and smartphones to acquire four to five bitcoins via donations and microtransactions in exchange for looking at ads and videos. For the summer, at least, they were full of (and assumedly comatose from) pizza and chicken tenders.

Eventually, they found a place to live thanks to a little help from the government. Life, you would think, is much better now. But, there is one problem – the bitcoin price. “The $600 (£366) we spent would now be worth $6,000 (£3669),” says Angle. “I wish we had gone hungry.”

Kantola echoes the sentiment. “We’re definitely kicking ourselves. We spent $5,000 (£3,055) or $6,000 on food!” he says. “Back in 2009, you could have bought four bitcoins for a dollar. If I could go back [and buy some then], I wouldn’t be here right now. I’d probably be in a mansion.”

Others have been overcome by self-loathing.

 

The above discussion on Reddit came from the “r/entrepreneur” section of that site. You will read one individual relating a story of success in Bitcoin, followed by two stories of regret. One individual even writes “I hate myself.”

When I searched the phrase “I wish I had bought bitcoin” there were more than 58,300,000 Google search results in 0.34 seconds.
One Reddit user simply asked:

 I put in $16K into BTC since Nov 2013….. I had 21 BTC total but after gambling with Alt coins I have about 12 BTC left now… 12!!! Which have a value of about $5.3K now…. so I’m down over $10K. For me to even get even I would need 1 BTC to be ~$1350.

Should I just kill myself?

Unfortunately, there is at least one known suicide – that of Autumn Radtke – which might have had something (or everything) to do with Bitcoin. The 28-year-old was a determined entrepreneur and CEO of First Meta, a Singapore-based virtual currency exchange. Hailing from Silicon Valley,  Autumn ultimately jumped from a 25-story apartment building. Her death has been classified as a case of unnatural death.

“Everything has its price,” Radtke said in commenting on an Inc. magazine essay she posted online titled “The Psychological Price of Entrepreneurship.”

Autumn Radtke (left)

 

That article describes the lives of entrepreneurs, and the hidden struggles they face. My personal hunch is that bitcoiners and entrepreneurs have similar psychological makeups. Both, in their journeys, tend to face many hurdles along the way.

“There are traumatic events all the way along the line,” says psychiatrist and former entrepreneur Michael A. Freeman, who researches mental health and entrepreneurship.

Other questions remain. Do bitcoiners tend to neglect their health like entrepreneurs? Bitcoin is a 24- hour, 7 day a week market. Eating too much, eating too little and sleeping too little all negatively affect health. Are bitcoiners reclusive in their hobby? Does bitcoin overcome them and do they become obsessed with it, blocking out all other forms of human interaction? These are unknowns. Certainly, many bitcoiners are themselves entrepreneurs.

Researchers claim that entrepreneurs share certain character traits making them more prone to depression and suicide. “People who are on the energetic, motivated, and creative side are both more likely to be entrepreneurial and more likely to have strong emotional states,” Freeman told Inc. Those states may include depression, despair, hopelessness, worthlessness, loss of motivation, and suicidal thinking.Researchers from the Swinburne University of Technology in Melbourne, Australia found that many of the business owners and founders they interviewed many showed signs of clinical obsession, including strong feelings of distress and anxiety.

If bitcoiners, like business owners, are “vulnerable to the dark side of obsession?” then the coming ups-and-downs in the market – price volatility, failed startups, hacks and otherwise – could pose light-threatening events for many individuals in the community. Perhaps something upon which a light should be more thoroughly shone. Ultimately though this is true of any endeavor. There is risk in rolling out of bed in the morning. Just be prepared for trepidation, stay mentally resilient, and you will do just fine no matter where you spend your time. 

If you are feeling depressed or suicidal, there are numerous ways in which you might alleviate your situation and start feeling better. The stresses of work and life in general can weigh heavy, but exercise, healthy diet, meditation, relaxation, spirituality and friends are all ways individuals  cope and feel better about themselves and their current situation. High expectations and ambitions can cause individuals to overlook many of the beautiful things they already enjoy their lives. 

Questions or comments? Join us at The Dollar Vigilante.

Justin O’Connell is the Chief Executive Officer of GoldSilverBitcoin.  He is also the author of the first full-length bitcoin book, Bitcoinomics, and administrator of the Bitcoinomics website. Justin is also a co-host at Our Very Own Special Show, a lifestyle podcast about music, news, life and other topics, and head researcher at The Dollar Vigilante.  He lives in San Diego, California.  

 

 

 

 

If you’re interested in receiving articles beyond what you read here everyday, consider our weekly subscriber-only publications, like our Issue, Dispatches, and Homegrown. You may subscribe here.

On to the review…

Monday September 8

AMERICA'S BOOK CRITICS, SOVIET-STYLE

Wendy McElroy on “normal”.

“The term "psychopathological mechanisms" of dissent describes the political abuse of psychiatry in the former Soviet Union and other totalitarian regimes. Non-approved beliefs, attitudes or behavior are classified as mental problems, which converts them into a medical diagnosis that can be handled in an extra-legal manner. Dissenters or 'the different' can be detained indefinitely in mental hospitals where they are drugged or otherwise 'cured' into conformity.”

continue reading…

Tuesday September 9

THE MAFIA CHANGES THE RULES OF THEIR EXTORTION RACKET WHEN THEY LIKE

Jeff the USSA trying to take more of your money.

“Yesterday, US Treasury Department Secretary Jacob Lew said that it will decide "in the very near future" if it has the authority to strip tax incentives to American corporations relocating to foreign countries.

Lew is a proponent of such action, believing that US corporations leaving the US for better foreign tax rates, while maintaining headquarters in the US, should be violently opposed. The Obama regime has said it believes such legislative action should be retroactive, and authoritarians in the ranks are rising to the occasion to champion the tyrannical actions.”

continue reading…

Wednesday September 10

HOW THE DOLLAR WILL DIE

Hugo Salinas Price let us know how the dollar will meet its end.

“The Mexican Peso circulates and has value, because Mexicans have always been able to purchase dollars with pesos (except for a few days during the “Mexdollar” crisis of the early ‘80s). The price of the dollar in pesos has varied, but at any rate it has (almost) always been possible to obtain dollars in exchange for pesos.

If the new Islamic State “ISIS” should wish to have its own currency, it would have to be possible for its currency to acquire dollars, either directly or through some other currencies. (Just by the way, a 1/10 ounce silver coin would be the equivalent of the dirham, prescribed as money by Islam, and its value would not depend on the dollar or any derivative of the dollar. Maybe someone else will tell “ISIS” about this; I do not want to get mixed up with these people.)”

continue reading…

Thursday September 11

THE DAY THAT CHANGED OUR WORLD - EXPOSING THE 9/11 LIES

Jeff Berwick on the day that changed our lies lives.

“It has now been thirteen years since the largest criminal conspiracy and attack in modern history was planned and carried out by the "Project for a New America" cabal headed up by Dick Cheney, Donald Rumsfeld, Richard Pearle, Paul Wolfowitz and a number of others on September 11, 2001.

On September 11, 2000, one year before 9/11, this faction, which has taken over the US government, according to retired General Wesley Clark (see video of that below), released their plan, "Rebuilding America's Defenses".  This document outlined the need for a "new Pearl Harbor" in order to facilitate the expansion of the military industrial complex and the US empire.”

continue reading…

Friday September 12

GOD HAS CHOSEN AN EXACT DATE FOR THE DOLLAR COLLAPSE - HARBINGERS AND THE SHMITA

Jeff on TEOTMSAWKI and the supernatural.

“Having scoured the world for facts and information for years looking for what may be the lynchpin for the US dollar collapse here at The Dollar Vigilante the one area we had not investigated was the supernatural!

We've sorted through facts, figures, conspiracy theories and investigated almost every human aspect from the Rothschilds (if you can call them human) to ancient secret societies (Free Masons, Illuminati, Knights of Templar, Skull and Bones, etc.) in our quest for knowledge on the subject.  We never thought to actually read the bible in this quest.  Until this week.

And this video is the reason why.  I urge everyone to watch it (it takes about 10-15 minutes before it starts to blow your mind) and comment on the validity of the claims being made.  No matter if you are the most adamant atheist this is a must watch video for the reasons I will ascribe below.”

continue reading…

TDV VIDEO

Lots of new videos this week. Jeff interviews Kinglsey Edwards and Alex Fidel on the Anarchast. Plus, Jeff appears on Freedom Feens Talking Galts Gulch, EMPs, Molyneux and Investing.

Have a look at our wide array of informative videos featuring interviews, opinions, and analysis on TDV’s media page.

TDV SERVICES

Don't forget, TDV is much more than a newsletter.  We also offer many of the solutions to the problems we identify in the letter to help people internationalize their self and wealth to protect themselves from The End Of The Monetary System As We Know It (TEOTMSAWKI). Check out all our services designed to help you gain more freedom in your life here:

Remember, if you have any questions, concerns, or issues with what you've read on TDV, write us at: tdv@dollarvigilante.com.

Thanks as always for reading or subscribing!

Managing Editor

Jeff Interviews Kingsley Edwards

Sat, 09/13/2014 - 15:03

Jeff interviews Kingsley Edwards of Leetcoin, topics include: the Leetcoin project, Bitcoin meets the gaming world, wagers in gameplay, crypto reward systems, monetizing skills, gaming awards, Downtown Project, putting your money where your mouse is, more creative games, innovation, massive opportunity for Bitcoin!

Click here or on thumbnail

 

God Has Chosen An Exact Date for the Dollar Collapse - Harbingers and the Shmita

Fri, 09/12/2014 - 06:26

[The following post by TDV Chief Editor, Jeff Berwick]

Having scoured the world for facts and information for years looking for what may be the lynchpin for the US dollar collapse here at The Dollar Vigilante the one area we had not investigated was the supernatural!

We've sorted through facts, figures, conspiracy theories and investigated almost every human aspect from the Rothschilds (if you can call them human) to ancient secret societies (Free Masons, Illuminati, Knights of Templar, Skull and Bones, etc.) in our quest for knowledge on the subject.  We never thought to actually read the bible in this quest.  Until this week.

And this video is the reason why.  I urge everyone to watch it (it takes about 10-15 minutes before it starts to blow your mind) and comment on the validity of the claims being made.  No matter if you are the most adamant atheist this is a must watch video for the reasons I will ascribe below.

Click here or on thumbnail

The video is based on a book called "The Harbinger" which was released in 2012 and spent more than two years on the New York Times Best Seller list.  It is written by messianic Rabbi Jonathan Cahn and it takes a biblical view of 9/11 and the US financial markets that, in its detail, is mind blowing.

Below we will outline the "nine harbingers" that Cahn says God warned the ancient civilization of Israel about in the bible before its collapse and he makes direct references to how nearly the exact same thing is happening in the US today to the smallest detail (including specific dates of major events).  According to Cahn, the analogs are very similar in that, like ancient Israel, America was founded on the "rules of god and a light unto the nations".  And, even more interestingly, these harbingers fell on exact dates and in an order that are extremely analagous to the harbingers in the bible and in the Hebrew calendar... and that is how Cahn says that the next warning will come on a specific date, which we will outline below.

THE NINE HARBINGERS

The following are the nine harbingers as outlined by the book that were written in the bible in regards to ancient Israel that are almost word-for-word and action-for-action applied in the US since 9/11.

1. The Breach.  The author argues that the United States just like ancient Israel has breached the covenant it made with God at the time of its foundation. Thus the hedge of God's protection around America was lifted on 9/11 similar to the way the hedge of protection around ancient Israel was lifted.

2. The Terrorist.  The author argues that similar to the way that the kingdom of Israel was attacked by Assyrians, the United States was attacked by people from the Middle East. The Assyrians were a Semitic people, children of the Middle East. So too were the terrorists of 9/11 according to the author.  This, in fact, is the main source of disagreement we have with Cahn... he obviously does not realize that 9/11 was not exactly what the US government said it was.  Al-Qaeda, and ISIS in fact, were both CIA and Zionist backed groups and the US government conspiracy theory of 9/11 has been disproven in almost every way possible.  However, this is still very interesting as it does go to the biblical plot.  As we'll talk more about below this could be a case of The Powers That Be (TPTB) actually re-enacting the ancient biblical scriptures as some sort of satanic style ritual.  (stick with us here... this gets incredibly weird and bizarre the more you think about what is going on)

3. Fallen Bricks.  According to Cahn, the most visible signs of the attack on ancient Israel were that of the fallen buildings and the ruin heaps of fallen bricks. In 9/11 the most visible site of the attack was also the fallen "bricks" of the fallen buildings.  This is perhaps the weakest of the nine harbingers in regards to similarities but still true.

4. The Tower.  This harbinger symbolizes the fact that after the Assyrian attack, the kingdom of Israel did not repent from its sins but vowed to rebuild its buildings with its own power. Similarly the author argues that United States also did not repent from its sins after the warning and continued its path, vowing to rebuild on Ground Zero with its own power.  This harbinger (like the others) has now come to pass with the rebuilding of the Freedom Tower from the rubble at Ground Zero.

5. Gazit Stone.  In the bible, the Israelites carve out quarried stone from mountain rock and brought it back to the ground of destruction where clay bricks once stood. This also has come to pass at Ground Zero.  Three years after 9/11, a 20-ton quarried rock cut from the mountains around New York served as the cornerstone of the new building and was brought to Ground Zero. A ceremony took place over the rock in which New York Governor George Pataki pronounced: ”Today, we, the heirs of that revolutionary spirit of defiance, lay this cornerstone and unmistakably signal to the world the unwavering strength of this nation, and our resolve to fight for freedom.”

6. Sycamore.  In the bible psalm, Isaiah 9:10, the nation of Israel declared that its sycamore trees had been destroyed by the Assyrians during the attack but they would replace them with cedar trees. After the collapse of the buildings during the 9/11 attacks, a shock wave was created by the explosions below the Trade Centers' that damaged most buildings around the area. Only one building was not harmed which was St. Paul's Chapel, which had a sycamore tree in its courtyard. Cahn points out that St. Paul's Chapel was also the place that the government of the United States prayed on the day of the first inauguration of its first President, George Washington on April 30, 1789. The sycamore is known today as the 9/11 Sycamore and a memorial was built for it.

7. Erez Tree.  In Isaiah 9:10, the nation of Israel vows to replace the damaged sycamore with cedars as a show of strength against God, as cedar trees are a much stronger tree than sycamores.  Two years after 9/11, on November 29, 2003, an actual tree was planted in the place of the fallen sycamore.  The tree was a 21-foot tall spruce (a similar pine family of tree) and was called the "Tree of Hope".  Interestingly, that tree, the "Tree of Hope" died earlier this year despite many attempts at saving it.  Cahn says this is also now a harbinger.  Isaiah 2:12-13 states: “For the day of the Lord of hosts shall be upon every thing that is high and lifted up … upon all the cedars of Lebanon.” And Zechariah 11:2 states, “For the cedar (erez tree) is fallen, as the mighty are spoiled.”

8. The Utterance.  This is called the "vow of defiance".  For there to be a parallel with ancient Israel with this harbinger, Cahn says, a national leader would have to speak the defiant vow to rebuild in the nation's capital.  Cahn says that John Edwards did that during a 9/11 memorial in 2004, stating, word for word from Isaiah 9:10 at the very beginning of his speech to Congress, "Good morning. Today, on this day of remembrance and mourning, we have the Lord's word to get us through. "The bricks have fallen, but we will build with dressed stones.  The sycamores have been cut down but we will put cedars in their place".

9.  The Prophecy.  Another parallel with ancient Israel, according to Cahn, is that a national leader must utter the exact words of Isaiah 9:10 as prophecy of the other harbingers about to come.  Cahn says this happened the morning after 9/11 when Senator Tom Daschle, who was Senate Majority Leader at the time, stated this, "Nothing--nothing--can replace the losses that have been suffered. I know there is only the smallest measure of inspiration that can be taken from this devastation. But there is a passage in the Bible from Isaiah that I think speaks to all of us at times such as this:The bricks have fallen down, but we will rebuild with dressed stone; the fig trees have been felled, but we will replace them with cedars.That is what we will do. We will rebuild and we will recover. The people of America will stand strong together because the people of America have always stood together. And those of us privileged to serve this great Nation will stand with you."

THE SHMITA (SHEMITTAH)

All of those harbingers would be interesting enough on their own... making you wonder if something supernatural is happening or if, perhaps, the occult (secret society) elites are playing out a satanic-style ritual and following the Bible as a playbook in re-enactment.

Here's where it gets even weirder.  Way weirder.

Have you heard of the Shmita?  Neither had I.  The Shmita is a Sabbath year observed every seven years in Judaism, in which the land isn't cultivated and debts are cancelled.  The Hebrew calendar is different than our modern day calendar.  On the last day of Shmita, all debts are supposed to be forgiven.  Shmita lasts a year but on the last day, known as Elul 29, in the Hebrew calendar, all debts are to be forgiven and a sort-of "wiping the slate clean" is supposed to occur.

In 2001, that date fell just six days after 9/11, on September 17th.  That was the day when the US stock markets re-opened and had one of its biggest drops in history, falling 7%.

In 2008, the final day of Shmita was September 29, 2008.  That day is infamous for having the third largest stock market collapse in US history, falling 9%, or 777 points (and the only known day where the opening bell of the New York Stock Exchange would not ring).

Take note here the proliference of the number seven.  The Shmita occurs every 7 years and results in a washing away of debts.  On the last day of Shmita in 2001, the stock market fell 7%.  On the last day of Shmita in 2008, the stock market fell 777 points.

Earlier this year I watched a speech by Christine Lagarde, head of the International Monetary Fund, and she made some bizarre statements that always stuck with me and made me wonder what she was talking about.  She spoke for a number of minutes, at the very beginning of her speech, about numerology and the importance of the "number 7".

After I heard about the Shmita and how not only the last two major financial collapses in the US happened on the day of the end of the Shmita, but others as well going back into history, I began to put two and two together... and came up with 7.

Click here or on thumbnail

THE NEXT SHMITA

Given all the bizarre coincidences between the Shmita, 9/11, the financial collapse of 2008 and how the US government has followed biblical scriptures almost to a T in their response to 9/11... and then having the IMF head talking for extended periods about numerology and the number 7, a rational person has to conclude that something may be afoot!

Whether it is truly something supernatural or if it is occult (secret society - occult means hidden) activity (almost all things in our financial and political system today are tied to occult secret societies include the Free Masons... you just have to look at the masonic symbology on the back of the US one dollar bill to see their symbol, a pyramid with an all seeing eye, to know there is more to it than most know) there are enough coincidences to seriously question what is going on.

So, when is the next Shmita?  It starts in a few weeks, on September 25th of this year and the final day, Elul 29, falls on September 13, 2015.

Therefore, if the last two Shmita dates are an indication, something massive may befall the global financial system anytime between those dates and, more specifically, on September 13, 2015.

It is always easy to fall into the trap of verifying your own biases which could clearly be the case here... but it should be said that both Doug Casey and I have been hesitant to give exact dates or time periods on the next collapse but we've both been sensing that it may be later this year or, at the latest, next year... and so this ties into our perceptory timeframe.

WHAT SHOULD YOU DO

Now, I am not saying that, for sure, a massive financial and economic collapse will happen on September 13, 2015 nor that it is pre-ordained that it will happen during the Shmita year from September 25th of this year until then... but what I am saying is that this is interesting information that should not be totally ignored completely.

Those who follow these secret societies know that they are heavily into things like numerology and symbolism and Lagarde may have just been giving a hint to us of their plans.  Or, who knows, maybe there is some supernatural being that is making these things happen.  You certainly can't disprove it with facts.

What I can say is that based on this and a lot more information I have been discovering I am re-reading the bible and delving further into ancient events than I ever have prior.

In either case, this Shmita timeframe falls into a very similar timeframe that I already had in mind for massive financial, economic and political events and my advice remains unchanged.

Prepare now for what is coming.  It will be an event of "biblical proportions" in terms of The End Of The Monetary System As We Know It (TEOTMSAWKI) and the most dangerous time in known human history for capital on a global scale.

Get your affairs in order and follow our Five Killer B's.  Bullion (precious metals), Bitcoin (the new, free market money and potential destroyer of central banks and governments), Bullets (for protection during the collapse), Bud (medical marijuana as the hellish War on Drugs comes to an ignomious end) and "Being".

"Being" is my most recent inclusion and is a statement to prepare physically, mentally and spiritually for what is about to come.  This will be a collapse for the history books... maybe bigger.

Whether these biblical prophecies or the Shmita are true or not, or if it is just being acted out by occult elites, or if it is all coincidence and inconsequential, something massive will happen in all our lives in the coming years.  I suggest you prepare now.  

Are we crazy?  Is it God's Will?  It is Secret Societies?  Or just all coincidence?  Comment here.

Jeff Berwick

The Day That Changed Our World - Exposing the 9/11 Lies

Thu, 09/11/2014 - 04:00

[The following post by TDV Chief Editor, Jeff Berwick]

It has now been thirteen years since the largest criminal conspiracy and attack in modern history was planned and carried out by the "Project for a New America" cabal headed up by Dick Cheney, Donald Rumsfeld, Richard Pearle, Paul Wolfowitz and a number of others on September 11, 2001.

On September 11, 2000, one year before 9/11, this faction, which has taken over the US government, according to retired General Wesley Clark (see video of that below), released their plan, "Rebuilding America's Defenses".  This document outlined the need for a "new Pearl Harbor" in order to facilitate the expansion of the military industrial complex and the US empire.

Click here or on thumbnail

As Clark outlined, within days of 9/11, the orders and plans were already laid out to attack Afghanistan and to "take out seven countries in five years".  He says, the plans after Afghanistan were, "to start in Iraq and then move to Syria, Lebanon, Libya, Somalia, Sudan and Iran."

Those plans, so far, have been carried out in Afghanistan, Iraq and Libya.  And, just yesterday, Obama stated his plans to attack Syria.  The reason for attacking Syria is just as ridiculous and untrue as it was for Afghanistan, Iraq and Libya.  This time, they say they must attack Syria because of this ragtag group of "terrorists" which just appeared out of nowhere called ISIS.

Of course, they didn't really come out of nowhere, the US armed the group now known as ISIS to create chaos in Syria originally, just a few months ago, and now say that they pose a serious threat to the US... exactly like they did with Al-Qaeda.

The plan by PNAC, so far, has worked in that US military spending has grown dramatically since 2001.

Total military expenses of $1.3 trillion per year means that more than half the tax revenue of the US government goes solely to the military.  Total military spending by the US government is nearly more than all other countries in the world combined.  And, military spending by the US and its allies accounts for between two-thirds and three-quarters of all global military spending.

THE IMPORTANCE OF 9/11

Millions of men, women and children have been killed, tortured or displaced all based on the US government's official lie of 9/11.  Trillions of dollars have been wasted and destroyed and a global police state is being rolled out to protect us from "terrorists".

The good news is that every year more people wake up to what really happened on 9/11.

One of the most interesting and detailed explanations of it all comes from Barbara Honneger who has done countless hours of investigation into the event, specifically on the bombs that were planted in the Pentagon and reveals a bounty of new information here:

Click here or on thumbnail

AWAKENING

The amount of people waking up to and speaking up about 9/11 continues to grow.  Even in the last few months, Ron Paul has begun to go public questioning the official story of 9/11.  Architects & Engineers for 9/11 Truth continues to grow its ranks and was recently featured with their information on C-SPAN.  They will also be showing a video replay of WTC Building 7's demolition on a video billboard near Times Square in New York today.

What used to bring many of us "truthers" ridicule has flipped.  Now those who believe the US government's official conspiracy theory on 9/11 are the ones being laughed out of cocktail parties.

This is no laughing matter, however.  This issue and its exposure means the difference between a century ahead of pure hell, if not exposed fully, or nearly heaven on Earth, if completely exposed.  

Edmund Burke once said, “All that is necessary for the triumph of evil is that good men do nothing," and that is truly the case today.

Will you just go along with this continuing march of tyranny, torture and war or will you say something?  Will you do something?

I will be on Liberty Movement Radio from 6-8pm Eastern today continuing to spread the truth.  Later, I'll be live on Double Crossed radio from 10-11pm Eastern.  

In the future we will all be judged on whether we stood up to evil or not.  It does not take doing very much at all.  It's as simple as just spreading this information and demanding people in your life look at the evidence and take a stand.

It's literally the difference between life or death.  It's your choice.  Choose wisely.

Discuss The Day in our comments section.

Jeff Berwick

Jeff Berwick with Alex Fidel on Anarchast

Wed, 09/10/2014 - 17:38

Jeff and Alex discuss anarchism, why anarchists of all flavors & stripes need to unite on tcommon ground to bring an end to the empire, Bitcoin, hemp/medicinal cannabis, going off grid, police militarization, psychedelics & spirituality, nullifying legal tender laws to liberate ourselves from the banking cartel, fascism aka the merger of corporate & state, the military industrial complex, free energy, breaking up cable monopolies for NSA-proof internet service providers, and more.

Click here or on thumbnail

 

How the Dollar Will Die

Wed, 09/10/2014 - 16:45

[The following post is by TDV Contributor, Hugo Salinas Price]

All the currencies of the world today are derivatives of the dollar, including the Russian Ruble and the Chinese Yuan, and even the miserable currencies of Venezuela and Argentina. As long as they can be used to purchase dollars, either officially or through the black market, they will continue in circulation.

The Mexican Peso circulates and has value, because Mexicans have always been able to purchase dollars with pesos (except for a few days during the “Mexdollar” crisis of the early ‘80s). The price of the dollar in pesos has varied, but at any rate it has (almost) always been possible to obtain dollars in exchange for pesos.

If the new Islamic State “ISIS” should wish to have its own currency, it would have to be possible for its currency to acquire dollars, either directly or through some other currencies. (Just by the way, a 1/10 ounce silver coin would be the equivalent of the dirham, prescribed as money by Islam, and its value would not depend on the dollar or any derivative of the dollar. Maybe someone else will tell “ISIS” about this; I do not want to get mixed up with these people.)

Even in the case of a fiat currency to be used exclusively within national borders, with no plan for commercial purposes outside of its own zone, such a currency would have to be issued with a value that could not be other than an external reference either to the dollar, or to some currency derived from the dollar, which would amount to the same thing. A fiat currency cannot be born out of nothing; it has to have a “parent” and in our times, that parent must be, in the last analysis, the fiat dollar.

The same principle prevails in the case of the dollar.

The existence of fiat currencies depends on their ability to acquire dollars. In the case of the fiat dollar, the dollar will continue to exist as long as dollars can be used to acquire gold.

The condition under which no quantity of dollars can acquire a gram of gold, is known as “permanent backwardation”. (There will always be individuals who will be disposed to part with a small quantity of gold, in exchange for dollars or other fiat currencies. But the purchase of gold in quantity can only be done on world markets, and while “backwardation” is temporary. This possibility disappears when “backwardation” becomes permanent).

In “backwardation” – which has presented itself momentarily, in recent times – gold goes into hiding (its owners do not wish to part with it) and in the markets there has been no one willing to purchase gold for future delivery, even though its future price is lower than the price of physical gold for immediate delivery. So far, this condition has been temporary and not permanent.

When “backwardation” imposes itself permanently, the dollar is finished.

The process will be as follows: at some future date, gold for future delivery will cost less than gold for immediate physical delivery, that is to say, it will be in “backwardation”. However, the normal condition, which is called “contango” and which is the opposite of “backwardation”, will not be re-established. The price of gold for future delivery will stagnate at a low price – apparently very attractive – but the price of physical gold for immediate delivery (“spot” gold) will begin to rise. “Backwardation” will not disappear because the world wants physical gold, received in hand at the moment of payment, and not a promise of future delivery of gold.

When the price of physical gold for immediate delivery is superior to the price of gold for future delivery, and this condition becomes permanent, it will mean that the dollar is no longer acceptable: the price of future gold may be extremely cheap, but the market is not interested in that offer, because the market wants physical gold in hand, immediately.

The price of physical gold for immediate delivery – “spot” gold – will rise to the thousands and thousands of dollars, and the “backwardation” will remain permanently. Finally, the price of gold in dollars will be so high that there will be no further quote in dollars – or in any derivative of dollars, of course.

The dollar will have died.

When the economic and financial crisis in the world explodes – as it will have to explode – the reaction of States around the world will have to be to print up enormous quantities of fiat money, because that is all they know how to do.

This will give rise to a huge run into gold from the dollar and every derivative of it.

This will bring about “permanent backwardation” of gold and will put an end to the world-wide empire of the fiat dollar.
It will then not be possible to obtain gold except by the delivery of things or of services in exchange. In other words, gold will once again be the money of the world.

When will this happen? It is not possible to predict a date. All we can note is that the total of world debt calculated in fiat dollars is now astronomical; since the financial debacle of 2007-2008 world debt has not been paid down, on the contrary, it has been increasing by leaps and bounds and is absolutely unpayable. So the situation today is even more critical and unstable than it was six years ago, and an economic and financial collapse is inevitable, sooner or later.

ADDENDUM

[This article originally appeared at Plata.com.mx, but the following was prepared by Hugo Salinas Price specifically for The Dollar Vigilante (TDV) readers]

Backwardation implies that it is possible for a gold owner to sell his physical gold, in return for a promise to obtain more gold (because future gold is cheaper than spot gold) in the future. This is the mechanism that corrects backwardation and restores contango.

However, when gold holders refuse to take the bait, so to speak, no matter how cheap the future gold is, then the dollar is done. The psychology of the market will be a unanimous sentiment that it is not convenient nor wise to part with physical gold in hand, for dollars which promise MORE gold at a future date.

"Get what gold you can get, now. Keep what you have."

Someday, when backwardation installs itself and after a few days, the condition has not corrected to contango, the market will slowly realize - and then very quickly - that contango is not coming back! Then all Hell will break lose as everyone who is in the markets realizes that the game is over.

Prices of spot gold will rise by leaps and bounds. Governments will secretly buy future gold contracts, but the price of spot will still be higher.

Finally, game over. Fiat Dollar will fall to a meaningless value against gold. Dollar will hence only be acceptable if it is convertible to gold at a fixed price. Say, $10,000 US/oz. Maybe more.

The world will then be back on a gold standard.

Questions or comments? Join us at The Dollar Vigilante!

Hugo Salinas Price (born 1932) is the founder of Mexico's Elektra retail chain. The current head of Elektra is his son Ricardo Salinas Pliego. Elektra began as a workshop assembling electronic appliances for the Salinas Y Rochas chain, a small regional retailer of appliances. Elektra then set up a direct sales operation offering appliances on installments. Hugo Salinas Price currently is retired from retailing and focuses on being a proponent of a sound financial policy for Mexico. Salinas Price is President, Mexican Civic Association Pro Silver, A.C.

 

The Mafia Changes The Rules Of Their Extortion Racket When They Like

Tue, 09/09/2014 - 19:32

[The following post by TDV Chief Editor, Jeff Berwick]

Yesterday, US Treasury Department Secretary Jacob Lew said that it will decide "in the very near future" if it has the authority to strip tax incentives to American corporations relocating to foreign countries.

Lew is a proponent of such action, believing that US corporations leaving the US for better foreign tax rates, while maintaining headquarters in the US, should be violently opposed. The Obama regime has said it believes such legislative action should be retroactive, and authoritarians in the ranks are rising to the occasion to champion the tyrannical actions. 

“The Treasury Department is completing an evaluation of what we can do to make these deals less economically appealing, and we plan to make a decision in the very near future,” according to Lew. “Any action we take will have a strong legal and policy basis, but will not be a substitute for meaningful legislation — it can only address part of the economics.”

Lew placed his own brand of morality onto what are companies that are fleeing the US for lesser-extorted waters.

“This may be legal,” he noted, “but it is wrong, and our laws should change.”

He stated, with our translation in brackets, “By effectively renouncing their citizenship but remaining here, these companies are eroding America’s corporate tax base,” Lew explained. “That means all other taxpayers (extortees) — including small businesses and hardworking Americans (tax slaves) — will have to shoulder more of the responsibility of maintaining core public functions that everyone, particularly US businesses, depends on. We are talking about our national defense (the military industrial complex, Department of Offense), education (citizen indoctrination camps), medical research, courts (private prison and legal complex) and vital infrastructure such as roads, bridges and airports. And if we allow the incentives to pursue these deals to remain in place, we run the risk of undoing the progress we have made to reduce our federal budget deficit (massive multi-billion dollar, unheard of deficits).”

He called for immediate action.

"Only a change in the law can shut the door, and only tax reform can solve the problems in our tax code that lead to inversions," Lew said.

Lew knows any change to the tax code this year is unlikely, but stressed that inversions are "one loophole that should be shut down immediately."

"Right now, our tax system rewards US corporations when they buy foreign companies and then declare that they are based overseas," he said. "By effectively renouncing their citizenship, but remaining here, these companies are eroding America’s corporate tax base."

He doesn't mention the fact that no US-based corporation actually thwarts the extortion regime (IRS) in the US.  All of those companies, including Burger King, actually pay these exortion payments for every penny of profit they make inside the US.  What they are trying not to do is to pay the highest corporate tax in the world, in the US, on worldwide profit.  

Debate remains over whether the Treasury Department has the power to take away such tax incentives, and especially whether they can make their decisions retroactive.

Stephen Shay, Harvard University law professor, believes the government has the power already to change the way corporations manage their capital. “When the patient is bleeding, you put on a tourniquet,” he said, calling for the US Treasury to take action.

John Samuels, General Electric Co.'s top tax lawyer, disagrees. Such changes can only be made by Congress, he counters.

While Lew had no new ideas, Congress is pushing to close the so-called door on corporate inversions. Out in front with such legislation is Senator Chuck Schumer, who has been circulating a draft bill in Congress to undermine the "earnings stripping" of inversions. His bill is said to be retroactive to deals as far back as 1994.  Yes, 1994.... 20 years ago!  Imagine yourself retroactively changing a contract you agreed to 20 years ago and watch how people laugh at your insistence.  The only difference here is that the US government is the largest terrorist organization in the history of the planet and they will kill or kidnap whoever they need to to enforce their whims.

According to James Lucier, a managing director at research group Capital Alpha Partners LLC, Schumer's bill "is profoundly unserious and has zero chance of passing. Instead, it is a piece of political theater."

In recent history, inversions are increasing, with Medtronic Inc and Burger King most recently making headlines. Since 1983 fifty-two big deals have occurred, of which approximately half have been since the 2008-2009 Federal Reserve-caused credit crisis, according to Reuters.

Obama has implored Congress for the past four years to act to curb inversions. Obama has also proposed a so-called "substantial business activities" test denying foreign company status when business operations are still mostly located in the United States and managed by US players.

No matter what the case, it is clear, the USSA government has no law, no morals and no adherence even to the basic idea of a contract... even though no one, ever, has signed an actual contract in which they agreed to pay taxes. 

Businesses and people are fleeing at an epic pace from the US, now nearing Soviet Union style defections.  And, the American public is becoming a laughing stock of the world as they continue to believe they are the freest country on Earth when, in fact, they are about as close to the Soviet Union or modern day North Korea as any other country on Earth.

What isn't noticed by many is that while there have been fifty-two major tax inversions in the US there have been countless private businesses that were either never started in the US or who just moved offshore due to the oppressive anti-business taxation in the US (to find out how to move your business offshore, or start a new one outside of the USSA, contact TDV Offshore).

The fight to stop tax inversions is solely a symptom of The End Of The Monetary System As We Know It (TEOTMSAWKI) and every action taken by the US government now to "stop the bleeding" will only make the patient bleed more.

Those who recognize this dramatic economic and financial shift before others have the opportunity to not only survive but profit from what is about to become the collapse of the American empire.  Those who remain asleep have what is coming to them.

Comments on inversions? Join us at The Dollar Vigilante!

Jeff Berwick

America's Book Critics, Soviet-Style

Mon, 09/08/2014 - 15:00

[The following post is by TDV Contributor, Wendy McElroy]

The term "psychopathological mechanisms" of dissent describes the political abuse of psychiatry in the former Soviet Union and other totalitarian regimes. Non-approved beliefs, attitudes or behavior are classified as mental problems, which converts them into a medical diagnosis that can be handled in an extra-legal manner. Dissenters or 'the different' can be detained indefinitely in mental hospitals where they are drugged or otherwise 'cured' into conformity.

Psychopathological Mechanisms in America

If accurate, a news story out of Cambridge, Maryland in late August indicates "psychopathological mechanisms" is in full swing within the US. On August 22, a 23-year-old middle school teacher named Patrick McLaw was placed on administrative leave and taken into custody by police to be psychologically evaluated.

Why? The first reports stated, “Members of the Dorchester Sheriff’s Office, the Cambridge Police Department and...County Public School board have removed...McLaw for allegedly penning two books under the alias, 'Dr. K.S. Voltaer'.” A police investigation is underway. [Note: the word “alias” connotes crime; “pen name” is the appropriate term for anonymous authorship.]

One novel, The Insurrectionist (2011), is set 888 years in the future and revolves around a school shooting. The Amazon blurb explains, “On 18 March 2902, a massacre transpired on the campus of Ocean Park High School...the largest school massacre in the nation's history. And the entire country now begins to ask two daunting questions: How? and Why?....[I]t becomes evident that the hysteria is far from over.” (The second novel, Lillith's Heir, is a sequel.) The Amazon description is correct. The hysteria was just beginning.

The police searched McLaw's home for weapons; none were found. They searched the school with dogs for bombs and guns; none were found. McLaw apparently does not have a criminal record. According to a local paper, The Star Democrat (April 23), he was nominated last April for Dorchester County’s “Teacher of the Year” award but lost out. Nevertheless, on September 1, Sheriff James Phillips stated that the teacher-novelist “is no longer in the area. He is currently at a location known to law enforcement and does not currently have the ability to travel anywhere.” 

After a blitz of media coverage raised constitutional issues, the story offered by authorities changed. The novels became only “pieces of the puzzle” of their investigation. The State Attorney for Wicomico County Matt Maciarello now claims that McLaw drew police attention due to "a four-page letter to officials in Dorchester County." The 4-pages were apparently a letter of resignation. In a highly unusual and prejudicial move, personal details from the letter were leaked although the authorities will not produce the document itself for independent verification. They will merely leak what is to their advantage.

Bottom line: No arrest was made, no charges were laid, no warrant has been issued and there has been no public accusation that McLaw threatened anyone. He is being held for psychiatric evaluation based merely on the fact that the police are investigating him for what or what may not be a crime.

The prevalence of "psychopathological mechanisms" is a touchstone of totalitarianism and a measure of how far a society or situation has distanced itself from liberty. Through American history, the distance from liberty has been an ebb and flow.

Psychopathological Mechanisms Embedded in American History

From its inception as colonies, the United States has included the political abuse of those who are seen as psychologically deviant. Between early 1692-1693, at least twenty people died because they were accused of violating the orthodox beliefs of authorities; they were called witches which may be as close to a psychiatric diagnosis as that period offers.

The most totalitarian situation or institution America has known was slavery; only the current prison system compares. During this period, the abuse of psychiatry revealed a second purpose; it not only provides social control but also justifies savagery in the eyes of those who commit it.

Consider the psychiatric term “drapetomania.” It refers to a mental illness defined in 1851 by a respected American doctor named Samuel A. Cartwright in order to explain why slaves ran away. His essay Diseases and Peculiarities of the Negro Race stated that fleeing slavery “is as much a disease of the mind as any other species of mental alienation, and much more curable, as a general rule.”  The recommended cure was “whipping the devil out of” slaves as a preventative measure against those who display signs of this impending mental illness.

In his 2010 book The Protest Psychosis: How Schizophrenia Became a Black Disease, psychiatrist Jonathan Metzl explored the 1960 history of the Ionia State Hospital for the Criminally Insane (Michigan), which is now a state prison. The hospital was notorious for diagnosing blacks who advocated civil rights with schizophrenia and confining them for treatment. Treatments could become de facto lifelong sentences without legal recourse. Along with many other state asylums, the hospital was justly closed down during what is called “an era of deinstitutionalization” in the 1970s which came as a result of outrage over the brutal use of psychiatry as social control.

Such use has been gradually increasing. Metzl ascribes much of the increase to successive changes in the Diagnostic and Statistical Manual of Mental Disorders (DSM) which is published by the American Psychiatric Association. First published in 1952, it is considered to be the definitive guide to mental illness but its definition of mental illness has altered significantly through five editions. A few alterations are praiseworthy, such as the removal of homosexuality as a mental disease. Most of them are dangerous invitations for abuse. For example, the second edition added “hostility” and non-violent “aggression” as symptoms of a mental disorder. The latest edition defines Oppositional Defiant Disorder (ODD). To be diagnosed with ODD, a person must display four manifestations from the following three behaviors for more than 6 months: an angry mood, argumentative behavior, or vindictiveness. The definition is so sweeping and vague that anyone who has a sustained reason to argue with authority could be diagnosed with ODD.

It has become common for courts to order a mental evaluation of those in custody or in family court, whether or not the 'crime' is violent. A prominent example is the whistle blower Bradley or Chelsea Manning. In many cases, they provide a legal justification for stripping people of legal rights and credibility. In other cases, authorities simply wish to punish a dissenter and discourage others from acting similarly. An October 9, 2010 headline in Raw Story read, “Cop hauled off to psych ward after alleging fake crime stats.”

NYPD officer Adrian Schoolcraft accused his supervisors’ of faking crime statistics and ticket quotas to make them look better. He backed up the accusations with documents and hundreds of hours of recorded tape which he supplied to the Associated Press. As a result of his alleged “hostile” behavior, he was taken in handcuffs to a hospital for evaluation. 

Pavlov Psychiatric Hospital, Former Soviet Union 

Conclusion

The current call for psychiatric "normalcy" is a call for conformity to and acceptance of the status quo. Dissent or posing a control problem is increasingly seem as an indication of a mental health problem. Nothing else explains the 2012 Centers for Disease Control stats that indicate 13.5% percent of boys from ages 3-17 have been diagnosed with ADHD; 5.4 percent of girls in that age range share the diagnosis. One reason the stats are so high is because public schools and other state institutions want passive obedience, not independence.

The libertarian psychiatrist Thomas Szasz stated, “The concept of disease is fast replacing the concept of responsibility. With increasing zeal Americans use and interpret the assertion 'I am sick' as equivalent to the assertion I am not responsible'." That is the advantage to those who willingly accept the label of “mental illness.” The advantage to authorities is the ability to sanctimoniously control and punish people while shifting the blame onto those being victimized. The trend is all the more dangerous now because Obamacare gives the state incredible power over America's health care, including mental health.

[Editor's Note: For less than $4/month you can subscribe to TDV Homegrown to stay out of the clutches of the US government or $15/month to subscribe to the TDV Newsletter for investments and escape plans.]

Any comments? Join us at The Dollar Vigilante! 

Wendy McElroy

California Mayoral Candidate Wants To Free Bitcoiners Of The Income Tax - TDV Week in Review: September 7th, 2014

Sun, 09/07/2014 - 12:45

Another US political candidate is advocating the use of Bitcoin. Instead of just accepting the crypto-currency for donations, this candidate has taken it one step further.

Alex Fidel is running for mayor in the city of Encinitas, California, a suburb of San Diego famous for its surf culture and the YMCA skate park.

He’s looking to put Encinitas on the map for another reason than sunny climes, beautiful people, beach-town vibes, and so on. He wants the Southern California coastal town to be a Bitcoin safehaven from what he terms the “conjoined twins of the Federal Reserve and the IRS.”

One of the 22-year old candidate’s main talking points is the nullification of legal tender laws by elevating the importance of the US Constitution’s Tenth Amendment.

“I would nullify legal tender laws and money exchange laws to allow individuals to engage in the currency of their choosing, whether it be gold, silver, copper, Bitcoin, voluntary exchange, or even the devaluing Federal Reserve Note dollar system for those that wish to stick with the pyramid scheme,” the candidate wrote on his Facebook page.

On a recent appearance on The Our Very Own Special Show Podcast, the candidate proposed that the income tax apply only to the US Dollar, absolving bitcoin, precious metals and other alternative currency users of paying the income tax. (That part starts at 58 minutes)

“…The Fed and IRS were both created in 1913 as one entity. The income tax should only apply to Federal Reserve Notes, so if you’re a major corporation using Federal Reserve Notes, it’s probably because you’re connected to the banks. It will be mostly small business that stop using the corporate-fascist medium. Exempting alternative currencies from the income tax would be good for employment, and the dollar would lose value. People would only have to report taxes if they use the federal reserve note.”

That’s a lot of upheaval. So what does this all mean?

“You wouldn’t be a slave to the dollar system,” the candidate says.

Bitcoin and politics might not be two things you consider to go together very well. But in the US they are two things that have been going together increasingly since Bitcoin became a thing in 2008.

The crypto-currency’s use in government all started when E-Gov Linkmade it possible for local governments to accept bitcoin payments for tickets, fines and other city administration.

The link between politics (or anti-politics) and Bitcoin has only grown more obvious.

The road was paved in May thanks to a unanimous vote by the Federal Election Commission to make it legal for bitcoin donations to be donated for political campaigns. Donations are capped at $100 per person, per cycle.

Alex Fidel isn’t the first candidate to accept bitcoins, even if he is the first to suggest bitcoiners pay no taxes, which is quite contrary to what Ben Lawsky wants to do in New York with proposed “BitLicenses.”

Introduced to Bitcoin four years ago while working in tech, Andrew Hemingway is now a Republican candidate for governor in New Hampshire. He is the first candidate for governor in New Hampshire history to accept bitcoin donations.

What might this added Bitcoin dimension bring to US elections at the city, state and federal levels?

“The use is as much for candidates to show they favor technology,” Jim Harper, global policy counsel for the Bitcoin Foundation, said. “The Bitcoin demographic is younger, more tech-oriented, probably more male-heavy.”

Whether or not Bitcoin plays a major role in future democratic elections has yet to be seen. Of course, the Bitcoiners are planning on this being the case.

If you’d like to donate to Alex’s campaign, you may do so here, while simultaneously learning about the candidate.

To listen to the interview, click here. Discussion about Alex’s plan for Bitcoin starts around the 58 minute mark.

[Editor's Note: Alex will be on Anarchast this week. Click here to subscribe.]

Justin O’Connell is the Chief Executive Officer of GoldSilverBitcoin.  He is also the author of the bitcoin book, Bitcoinomics, and administrator of the Bitcoinomics website. Justin is also a co-host at Our Very Own Special Show, a lifestyle podcast about music, news, life and other topics, and head researcher at The Dollar Vigilante.  He lives in San Diego, California.

 

If you’re interested in receiving articles beyond what you read here everyday, consider our weekly subscriber-only publications, like our Issue, Dispatches, and Homegrown. You may subscribe here.

On to the review…

Monday September 1

WILL THIS BE THE LAST LABOR DAY WORKERS CAN AFFORD TO ESCAPE THE US?

Jeff Berwick with a TDV Labor Day special.

“Ah, Labor Day. A government created day on which those people who work (read: producers) are supposedly celebrated by the people who don't (government and welfare recipients).  Pat yourselves on the back, entrepreneurs - the parasites love you. As I've written here in The Dollar Vigilante (TDV) Blog, approximately 65 million US citizens work. The rest receive welfare in various forms.”

continue reading…

Tuesday September 2

WHY BURGER KING'S EXPATRIATION IS THE MORAL THING TO DO

Jeff on Burger King’s desire to pay less taxes.

“It was announced last week that Burger King had bought a famous Canadian restaurant franchise known as Tim Horton's to reduce the amount of taxes they ‘owe’ to the US government.  An upcry arose!

As usual the mainstream media and the people who watch it have the story totally wrong. Burger King is not giving US taxpayers a ‘raw deal’ by looking to move abroad so as to save on profits, which are not repatriated. Instead, the iconic fast food burger chain is doing the moral thing by moving its tax-base outside the war-mongering, highly socialist US federal government's reach.”

continue reading…

Wednesday September 3

THE REPAINTING OF OUR POLITICAL WORLD

Jeff on a new form of subtle protest.

“People are subtly mocking forms of authority all over the world in peaceful protests.  This new ‘post-graffiti’ sees these new street artist taking aim at the political elites and hierarchy.

For example, sometime during the Labor Day weekend someone painted red the hands of the Washington statute in Mill Park in Trenton, New Jersey. The historic statute was cast in Italy and first showed at the US Centennial Exposition in Philadelphia in 1876.”

continue reading…

Thursday September 4

THE POLICE STATE VERSUS THE MARKET

Jeff on the rising police state’s role in the market.

“The police state has only grown worse in recent decades and there is a nationwide cover up of the true details about how many police officers kill people each year. Many newspapers have recently reported the number as 400, but I highly doubt this is accurate and it seems to me to be grossly under reported. Of course it is coming from the mainstream media.”

continue reading…

Friday September 5

WHAT COULD BE WORSE THAN THE DOLLAR COLLAPSE?

Jeff on the threat no one is talking about.

“I hate to always be the bearer of bad news but while we focus a lot on The End Of The Monetary System As We Know It (TEOTMSAWKI) there is one event that could be more catastrophic and is well within the realm of distinct possibility… actually a virtual certainty.

I pointed it out years ago as being the actual number one real, factual threat to human life on Earth and still believe that to this day. And based on a few recent events I think it begets reminding.”

continue reading…

 

TDV VIDEO

Lots of new videos this week. Jeff interviews Tres Knippa, William N. Grigg, Orion Martin, and Lyn Ulbricht on the Anarchast. Plus, Jeff appears on Perpetual Assets with Gus Demos.

Have a look at our wide array of informative videos featuring interviews, opinions, and analysis on TDV’s media page.

TDV SERVICES

Don't forget, TDV is much more than a newsletter.  We also offer many of the solutions to the problems we identify in the letter to help people internationalize their self and wealth to protect themselves from The End Of The Monetary System As We Know It (TEOTMSAWKI). Check out all our services designed to help you gain more freedom in your life here:

Remember, if you have any questions, concerns, or issues with what you've read on TDV, write us at: tdv@dollarvigilante.com.

Thanks as always for reading or subscribing!

Managing Editor

What Could Be Worse Than The Dollar Collapse? This.

Fri, 09/05/2014 - 14:36

[The following post is by TDV Chief Editor, Jeff Berwick]

I hate to always be the bearer of bad news but while we focus a lot on The End Of The Monetary System As We Know It (TEOTMSAWKI) there is one event that could be more catastrophic and is well within the realm of distinct possibility… actually a virtual certainty.

I pointed it out years ago as being the actual number one real, factual threat to human life on Earth and still believe that to this day. And based on a few recent events I think it begets reminding.

What I am talking about is an Electro-Magnetic Pulse (EMP). An EMP, also sometimes called a transient electromagnetic disturbance, is a short burst of electromagnetic energy. Such a pulse may occur in the form of a radiated electric or magnetic field or conducted electrical current depending on the source, and may be natural or man-made.

The last natural, major EMP to affect Earth was in a solar storm in 1859, also known as the Carrington Event. It was a powerful geomagnetic solar storm that fried telegraph machines all over Europe and North America. At some point we will experience another such solar storm, and some scientists believe that we are already 50 years overdue for another one. Of course, as with “global warming” we also should keep in mind that scientists are often very wrong. But the issue is that an EMP can also be manmade and that is looking like it is a possibility as we discuss below.

Getting back to an EMP’s effects, there is obviously a massive difference in the dependence on electricity between today and 1859. Night and day, so to speak. And most of the world’s electrical systems are not constructed to withstand a blast… meaning that if it happened it would be nearly complete pandemonium in any urban centers it affects and the ability to rebuild the infrastructure, even under the best of circumstances (ie. with everything working… which it wouldn’t be) would be years.

It literally could put parts of the world back into the stone ages.

The natural phenomenon is bad enough but there has been a very noticeable uptick of news items, mostly emanating from the US government and its agencies talking about the possibility.

And, often when the US government is warning of something it is more of a threat than a warning.

Here are just a few recent articles:

-“Warning: Any Day Now, ISIS Could Cripple America With A Devastating Nationwide Attack On This” – Western Journalism, Aug 31, 2014

-“The Growing Threat From an EMP Attack” – Wall Street Journal, Aug 12, 2014

-“China Beating US To Punch on EMP Warfare” – WND.com, Aug 11, 2014

-“Responding to the Next 9/11” – Democrat & Chronicle, Aug 31, 2014

-“A Cyberattack Could Crash Our Banking System At Any Time” – ETFDailyNews.com, Aug 29, 2014

There have been many recently declassified EMP studies by the US government. Much ignored reports in 2004 and 2008 by the congressional EMP Commission warned that “terrorists or state actors that possess relatively unsophisticated missiles armed with nuclear weapons may well calculate that, instead of destroying a city or a military base, they may gain the great political-military utility from one or a few such weapons by using them – or threatening their use- in an EMP attack.”

Interestingly, however, there appears to be no noticeable change in the public’s awareness of this potential threat, having been unchanged since 2005 and with little-to-no interest in it whatsoever, outside of the US. This is a real threat which could undermine our entire way of life including new, fledgling ones such as distributed networks like bitcoin.

So, we have a mostly scientific opinion that a major EMP will strike Earth from the sun in the foreseeable future, terrorist (government) chatter heightening about a man-made EMP strike on the US and a mostly unaware and unprepared populace.

An EMP would change everything. In today’s world having a continent wide multi-year blackout would be worse than even The End Of The Monetary System As We Know It (TEOTMSAWKI). Much worse.

I can hear the few remaining bitcoin naysers saying, “That is why I don’t like bitcoin, what if a major EMP happens!”

The answer to that is, if you live in a large area which does not have electricity for a number of years… the last thing on your mind will be bitcoin. But even then, your bitcoins will still exist - they will just be on useless computer hardware. Over time this could change and your bitcoins could once more be used. But, again, if a large scale EMP happens, that will be the last of your concerns.

Billionaire hedge fund investor, Paul Singer, has warned investors, “law”-makers and (mis)leaders about the possibility of an electromagnetic pulse (EMP).

Singer argues that no other event, including a nuclear bomb, has the potential to devastate quite like an EMP. And we agree.

In this month’s edition of TDV HomeGrown, coming out today, we look at ways to guard against this worst, and most real, of all potential disasters.  

Questions or comments about an EMP? Join us in the comments section.

Jeff Berwick

The Police State Versus The Market

Thu, 09/04/2014 - 19:11

[The following post is by TDV Chief Editor, Jeff Berwick]

The police state has only grown worse in recent decades and there is a nationwide cover up of the true details about how many police officers kill people each year. Many newspapers have recently reported the number as 400, but I highly doubt this is accurate and it seems to me to be grossly under reported. Of course it is coming from the mainstream media. 

A journalist has been attempting a nationwide database on police killings for some time, but the information is not readily available, as I myself have noticed as I have many times tried to find information to bring us such numbers.  As the journalist writes about this experience:

"The biggest thing I've taken away from this project is something I'll never be able to prove, but I'm convinced to my core: The lack of such a database is intentional. No government—not the federal government, and not the thousands of municipalities that give their police forces license to use deadly force—wants you to know how many people it kills and why."

Killing citizens isn't the only thing local police is good at. They're great at theft, too. 

PHILADELPHIA COMING FOR YOUR HOME

The city of Philadelphia is trying to steal Chris Sourovelis' home, and the homes of thousands of others in Philadelphia.

In March 2014, Chris's son was caught selling $40 worth of drugs outside of the family home. His son had no previous arrests nor a prior record, but still he was ordered to attend rehab. On the day Sourovelis was driving his son to his first rehab, a frantic call from his wife came through - the police were evicting the family and seizing the house. How? A little known clause known as "civil forfeiture."

The family was locked out of their home for one week by law enforcement, and the family was only allowed to return home once they banned their son from visiting and gave up some of their human and constitutional rights. The son has since completed his court-ordered punishment of rehab.

“If this can happen to me and my family, it can happen to anybody,” Sourovelis said.

Civil forfeiture laws make it so property owners can lose their property for no reason. That's not hyperbole. No reason whatsoever. The government can steal your property if it says your home has "facilitated" a crime. The government doesn't sue the owner, it sues the property itself. This leads to bizarre case names: Commonwealth of Pennsylvania v. The Real Property and Improvements Known as 2544 N. Colorado St.

Doila Welch, also of Philadelphia, faces the same thing as the Sourovelis family. Her family home of 17 years is under threat of state-theft because her estranged husband, without her knowledge, sold negligible amounts of marijuana from the home. Welch has not been charged with any crime and her family has joined the Sourovelis family as plaintiffs in a class action against Philadelphia.

Philadelphia is collecting $6 million per year from forfeiture laws. Between 2002 and 2012, the Philadelphia District Attorney's Office reportedly stole over 3,000 vehicles,1,200 homes and other real estate properties and $44 million in cash.

Philadelphia is gangster. It's also taken in $64 million in forfeiture proceedings, equaling one-fifth of the DA's overall budget. Not only a problem in Philadelphia,  civil forfeiture takes place across the country.

CO-HABITATE, GO TO JAIL

The state doesn't just steal property. It makes criminals out of peaceful people. Have you cohabitated with a girlfriend or boyfriend? That is, have you lived with someone of the opposite sex? Well, that's a crime in Florida...

According to Chapter 798 of the Florida Statutes:

798.02 Lewd and lascivious behavior.—If any man and woman, not being married to each other, lewdly and lasciviously associate and cohabit together, or if any man or woman, married or unmarried, engages in open and gross lewdness and lascivious behavior, they shall be guilty of a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.

That means fine or imprisonment...

The ancient law dates back to more than a century ago when the state wanted to make sure people got permission to be together and marry from the government.  The law is still enforced. According to WCTV, almost 770 Florida residents were charged with misdeameanors for living together from 2007-2011. In an interesting twist, the law doesn't apply to same-sex couples. 

As the United States has become a police state, new technologies have appeared on the market which aim to help people survive life in the US and western police states.  Here is a list of apps at Cop Block. We highly recommend taking a look there to see if something fits your needs. They include apps which scan police radios, alert you when a police unit is in your area, and other innovative free-market uses. 

Possibly the best of them all is just in the development stages. I interviewed the developer of the Sidekik App which is a great tool to survive the police state.  Imagine that when the police pull you over you press a button on your phone, it instantly begins recording and streaming to numerous secure data banks, records and announces your GPS coordinates and immediately pulls up a lawyer waiting on call who can immediately see what you are seeing and shows up live-streaming in video on your phone.  When the police officer approaches the car you just hold up the phone and tell him, "I have nothing to say to you, please speak with my lawyer".

Yes, this technology is almost here!  If you or a family member of yours finds yourself in these sort of situations from time-to-time because the police in your region are extra-aggressive, or maybe you have a skin tone other than pearly white or maybe you are under 40 and wearing a baseball cap... you have to get them this app as soon as it is available!  It actually comes free on a pay-as-you-go service or you can just pay a small annual charge if you find yourself in these situations more than once in a blue moon and want the security of knowing the service will be there when you need it.

This interview with the creator of the SideKik app is a must see... if nothing more than it will give you a feeling there is some hope for freedom and humanity.

Click here or on thumbnail

 

The government has created a problem: the police.  The reaction has been mostly terror.  And the private market is coming up with non-violent, pre-emptive solutions.

If a few months from now you see a police officer looking disgruntled as he speaks into a mobile phone to a lawyer who informs him his search is illegal and walks away... you can thank apps like this and many more sure to come.

Of course, even being videotaped, livestreamed and facing a lawyer won't stop even the most bloodthirsty of cops but even in that case it will be clear as the cop becomes aggressive, grabs the phone and the last image is of a police issue boot stomping on it... when they find the victim or body the whole world will already know what happened.

Riots aren't needed.  Violence isn't needed.  Private enterprise and crypto-anarchists worldwide are finding solutions to peaceably sidestep state aggression.

Who are the bad guys again? Learn more in the TDV Newsletter.

Join us in the comments section for more insights.

Jeff Berwick

Jeff Berwick with Orion Martin on Anarchast

Thu, 09/04/2014 - 13:28

Jeff interviews Orion Martin, originator of the Sidekik App project, topics include: Loose Change, brutal police assault and conviction of victim, the Sidekik App, live-stream recording, publishing and real-time legal representation, app connects to lawyer who speaks to cop instead of you, altering police behavior, nonviolent solution to the police state, crowd-funding the project.

Click here or on thumbnail

 

The Repainting Of Our Political World

Wed, 09/03/2014 - 20:49

[The following post is by TDV Chief Editor, Jeff Berwick]

People are subtly mocking forms of authority all over the world in peaceful protests.  This new "post-graffiti" sees these new street artist taking aim at the political elites and hierarchy. 

For example, sometime during the Labor Day weekend someone painted red the hands of the Washington statute in Mill Park in Trenton,  New Jersey. The historic statute was cast in Italy and first showed at the US Centennial Exposition in Philadelphia in 1876.

“It was political, I know that,” believes artist Jon Naar, whose home features a view of the statue. Having written the first book on graffiti in America, Naar noticed the hands were the only thing painted red, hinting to him that this was a politically motivated tactic.

This is not the first time art groups in Trenton have decided landmarks for political statements must be re-made in order to reflect reality. In 1994, on the 500th anniversary of Columbus's discovery of the New World, an ad hoc Native American group splashed red paint on the statue of the explorer in Trenton's Columbus park to protest genocide. A mural of the reading of the Declaration of Independence in Trenton in 1776 featured on wall in the downtown area there was painted several years ago in a case never solved.

In July two Germans, Mischa Leinkauf and Matthias Wermke, climbed up the Brooklyn Bridge towers in the middle of the night in order to replace the stars and stripes with a white version of Old Glory. 

Wermke recounted an experience shortly afterwards: “While I was watching joggers taking pictures, a burly American with a cowboy hat approached me and said: ‘Did you see the white flags? Usually there are American flags up there, but now they’re white. Did Brooklyn surrender to Manhattan? I mean what else do white flags mean?’ ‘I don’t know,’ I answered. ‘White also means peace.’ He laughed and said: ‘Oh yes, New York surrendered and America is the most peaceful country in the world.’”

“After a while reporters showed up, you saw cameras everywhere,” Leinkauf said. “Around 10:30am, when the first mobile units and helicopters showed up, followed by police, the atmosphere and also my mood changed. It added another meaning to the flags: the possibility of a threat.”

In Europe, similar peaceful actions have happened. Just recently this Soviet monument in Bulgaria had its soldiers turned to American superheroes. 

It's happened before. Last year it was painted pink in order to express Bulgaria's regrets for having supported Russia during the Cold War. 

In this picture, the same monument is painted the colors of the Ukrainian flag. 

Russia has called on the government in Bulgaria to prevent the vandalism of Soviet monuments. We've covered similar actions here in The Dollar Vigilante (TDV) Blog before, such as one in Istanbul:

When one man painted a public staircase rainbow colors, the community loved it. But when city workers of Istanbul, Turkey covered the brightly-colored street art with dull gray paint, people re-painted the staircase swiftly. A battle of sorts had broken out.

A retired engineer named Huseyin Cetinel spent reportedly $800 on paint to make the steps in his area more attractive. He says that nature is colorful and he believes cities can be as well. His work went viral. Many saw the paint job as a call for equal rights. The artist said he wasn't trying to promote any group, but simply add color.

But when the city painted over the staircase, the people of Turkey were outraged. At first the government denied doing so, but ultimately fessed up like a child under the pressure of a knowing parent.

A quiet war was waged as guerrilla artists painted the city with color while the city covered it up with gray. Gray seems to be the color of choice for unimaginative, communist-style central planners. 

Ultimately, the city let the citizens have their colorful way.

People are mocking their political structures in creative and noticeable ways worldwide. 

Some may say that painting these objects is destroying "property".  If it were "private property" we would agree.  Since it is all "public property" then things change somewhat.

In any case, worldwide people are beginning to passively and creatively let the power structures know that they don't like their mostly statist gray propaganda and are refashioning it themselves.  Perhaps this is part of the evolution - not revolution - as people begin to take back their own sovereignty using things like bitcoin... or, at the very least, artistically letting the powers that be know that we are still here, still human and they are going to have to try even harder to suppress us.

Join us in the comments section at The Dollar Vigilante Blog! 

Jeff Berwick

Jeff Berwick with William N Grigg on Anarchast

Wed, 09/03/2014 - 11:59

Jeff interviews William N Grigg, topics include: the golden rule, Tolstoy, the Bible, Abraham was stateless, Jesus was an Anarchist, the state kills in our name, rise of the police state, Ferguson and police aggression, Isis and the beheading video, US economic collapse, Idaho the red state, applied anarchy and self policing. Also certain philosophical matters, what existed before the big bang?

Click here or on thumbnail

 

Why Burger King's Expatriation Is The Moral Thing To Do

Tue, 09/02/2014 - 17:57

[The following post by TDV Chief Editor, Jeff Berwick]

It was announced last week that Burger King had bought a famous Canadian restaurant franchise known as Tim Horton's to reduce the amount of taxes they "owe" to the US government.  An upcry arose!

As usual the mainstream media and the people who watch it have the story totally wrong. Burger King is not giving US taxpayers a "raw deal" by looking to move abroad so as to save on profits which are not repatriated. Instead, the iconic fast food burger chain is doing the moral thing by moving its tax-base outside the war-mongering, highly socialist US federal government's reach. 

The mainstream media will never give you this side of the story. This obvious trend towards expatriation terrifies the talking heads. You have to come to alternative media sources like The Dollar Vigilante (TDV) Blog and others to get the truth. As Howard Kurtz writes at Fox News,

I feel confident in saying that most Americans are disgusted by the perfectly legal practice of US companies avoiding taxes by incorporating in another country.

If this is the case, it is because Americans love bombing other countries. They lust for blood. I can think of no other logical explanation Americans would want the machine in Washington to continue being fed. Burger King is not the first company to make the moral decision to leave the US tax farm. Many American companies are going abroad - as many as 70. These so-called "inversions". Even the most American of investors stand behind the inversion. Iconic American billionaire, Warren Buffet, coughed up $3 billion so the hamburger chain could buy the Canadian donut outfit Tim Hortons. Buffett did this just one month after Obama denounced ‘inversion’ tactics as an ‘unpatriotic tax loophole’, ordering regulatory changes to undermine them.

The debate has been totally laughable. It is truly shocking how clueless Americans are about why these companies (and citizens) are leaving the US in droves.  The US is not competitive! For a country that claims to have been built on capitalism, it sure does not understand free markets.

US tax policy has made the US uncompetitive globally. The nation has the highest effective corporate income tax rate in the developed world.

And the US taxes earnings of foreign subsidiaries of US companies once that money comes back to the US. US corporations instead have chosen to keep more than $1.9 trillion earnings offshore abroad. The moral thing to do.

The past couple years alone have seen dozens of well-known US companies move abroad. Many have at least considered it. All this just to lower their corporate income tax. All the politicos in Washington would need to do is lower the US corporate income tax, but they are Marxist and Keynesian idiots. In the US, the wealthy are now seen as the cash-cows for the poor thanks to the nanny state's government welfare.  Medtronic, Liberty Global, Sara Lee, and Omnicom Group—the largest US advertising firm—have all moved abroad. Pfizer looked into moving abroad in order to cut its tax bills by $1 billion each year. Walgreens also mulled doing the same.

Walgreens was looking at Switzerland. Its tax rate would decrease to 20% down from 31%. The move would save around $4 billion over the next five years. Quoting an international tax lawyer, The New York Times stated, “it takes one company with enough public recognition to start [a] domino effect.”

Walgreens backed off due to the public scrutiny. By moving, though, Walgreens would have gained a big advantage over its competitors who will all be paying the effective US corporate  tax rate. I still think they will do it. They've tested the waters. And now Burger King has made the move.

I almost coughed up my tacos when I read that Republocrat Senator Chuck Grassley from Iowa said,“These expatriations aren’t illegal. But they’re sure immoral.”

What a joke! Immoral! Sorry, Chuck, but immoral is bombing nearly every country on the planet or at least intervening to the tune of millions dead and forcing people at gunpoint to pay for it.

These companies don't want to keep giving parasite psychopaths in Washington DC more money. It's immoral to keep funding Washington, DC. These companies are doing the moral thing by paying taxes in less war-prone nations. Inversion is a matter of life-and-death for people all over the planet, including in America. While people abroad depend on the inversion of American companies to slow the tide of American-led war, Americans depend on US companies not inverting so that they don't starve when their food stamps run out.

I am not so much championing Burger King as much as I am championing the notion of an inversion. Personally, I think Burger King produces nutritiously void foods and promote an unhealthy and early-to-the-grave America (albeit admitting I have eaten it after a long night out and it has been delicious and appreciated at that moment). As far as I know, the only thing I support in their business model is the company's long history of aggressive tax-reduction strategies, which is something we champion here at TDV as well as its ancilliary businesses TDV Passports, TDV Offshore, TDV Wealth Management and others.

The firm has long been trying to bring down taxable profits in the US and maximizing profits reported in low tax jurisdictions.  "I would be surprised if in five years' time, their tax rate does not come down reasonably dramatically," said Professor Stephen Shay, from Harvard Law School, who has testified to Congress on corporate taxation. Great for Burger King, in this regard. 

By operating a tax-efficient overseas regime, with income coming through Switzerland, Burger King's effective tax rate has been 15% on foreign income in the past three years. Clearly Burger King wants to lower that rate.  What does Burger King have up its sleeves? As an American company Burger King cannot cut its current American tax bill by routing franchise fees from its US franchisees via Switzerland. If they bought Tim Hortons this would not apply to the Canadian company.  

At this point, for a company clever on taxes like Burger King, despite its status as an American icon, Obama's vision for a 28% corporate tax rate won't be low enough.

And this is all besides the fact that THERE IS NO CORPORATE TAX.  Corporate tax is always passed on to the consumer... it is a tax on consumers.  Yet, look at all the tax slaves in the US rising up angrily that a company is trying to find a way for them to be extorted for less money.

It's a thankless job helping people by always doing the moral thing (in this case avoiding taxes at all costs).  But all of us at TDV thank Burger King for their service.

Comments on Burger King? Join us at The Dollar Vigilante (TDV). 

Jeff Berwick

Pages

Disclaimer: You, and only you, are responsible for your actions.

Do your research well.

 

Copyleft: Feel free to redistribute as you please. Give credit where credit is due.

You can't own someone else's thoughts.

 

 

Sitemap

NT4B Update

Get email updates when new content is published!

BullionStar

BullionStar, Bullion, Star, Singapore, Gold, Silver

Best of the Web