Many of us have called it “slavery” over the decades, and I am merely pointing to this growing awareness by both the working masses and executives.
The U.S. government is collecting record amount of taxes, yet the government’s spending and debts also continue to reach new record highs!
Tax revolts have been recorded in the past, will it be so again?
“You control the debt, you control everything.
[…] This is the very essence of the banking industry: To make us all slaves to debt.”
It is no longer a mystery why nations are preparing for WAR.
Remember: All Wars Are Bankers’ Wars. ~Ron
USA – Is It time to turn off the lights?
Posted on December 1, 2014 by Martin Armstrong
We have a very serious problem with taxation.
Only the United States and Japan regards its citizens as state property. Taxes are normally owed based upon the concept that you are paying your “fair share” predicated on use. But the United States views it simply owns anyone born in the United States or overseas if they had even one American parent. This is in reality slavery that no state should own its citizens as property.
The Washington Post has reported the plight of the Mayor of London Boris Johnson’s remains in a major dispute with the U.S. Internal Revenue Service. It would be very nice to see everyone come together and challenge this to the Supreme Court for those are the pro-government judges that ruled all Americans belong to the state and that paying your “fair share” has nothing to do with taxes – just hand over whatever you have.
The mayor’s dispute with the US tax-collectors was brought to light when he traveled to the United States and did a blitz of interviews with the American news media. He explained that the U.S. government was forcing him to pay the capital gains tax on the sale of his Islington home. “Can you believe it?” When asked by Rehm if he intended to pay the bill, he said that he would not. “I think it’s absolutely outrageous.”
Boris Johnson was born in the USA but returned to England with his parents at the age of 5. He has never lived in America, but that means nothing to the IRS. They are hunting everyone everywhere. They have been sending letters to people in Canada who they figured out had one American parent but have never lived in the USA. I previous wrote about a couple in Switzerland where the wife was American living there with her Swiss husband for 20 years. When their 14 year-old son was ready to open his first bank account, he was told no way because he was America. Even foreigners married to Americans are being compelled under FATCA to disclose they are married to an American and the risk of being denied the right to have a bank account. I use to have American Express cards in USA, Britain, and Japan. That way, I paid my local bills in the local currency. Today, no credit card can be issued to an American outside the USA.
Americans are being prejudiced everywhere. What is most revealing, Obamacare notes the distinction between living in America and overseas. Ex-pats are exempt from Obamacare for they are assumed to have healthcare where they are. Otherwise, they would have to buy health insurance in America that would never cover them outside the country.
Congress NEVER directed that Americans pay taxes worldwide simply because they were born in the USA or had one American parent. This whole scheme was crafted by the Supreme Court who merely ruled that Congress did not exclude foreign income, so it must be included. The way this is being applied is outrageous. Americans are unable to do business outside the USA with local accounts because no bank will deal with Americans thanks to FATCA. These idiots cannot grasp that this is reversing the US economy into isolationism and is paving the road for China to take the lead. It is time to turn off the lights.
The Governments Know Sovereign Debt Defaults Are Coming
On page 13 of the IMF Working Paper entitled Sovereign Debt Restructurings 1950–2010: Literature Survey, Data, and Stylized Facts, you will find this timeline on how to deal with the coming Sovereign Debt Default. Behind the Curtain, they know what is coming. They appear to be even using our timing. Numerous emails have come in asking about are they using our models? In all reality, they most certain pay attention. Whether our warnings are being taken alone is another question one would think the answer is no.
The G20 have their own serious red flags going up in Europe where Brussels is now entering a Brut Force Attack against democratic forces to sustain their power. The failure to have consolidated the debts of Europe is now haunting them in the worst economic nightmare in financial history. Brussels is vulnerable on every front because a crisis in one member becomes a contagion that spreads to all. If Mississippi went into default in the USA, that would not impact US federal debt as is the case in Europe spreading to everyone.
The British Prime Minister David Cameron warned of a looming second global crash, reported the Guardian, which wrote:
“David Cameron has issued a stark message that “red warning lights are flashing on the dashboard of the global economy” in the same way as when the financial crash brought the world to its knees six years ago.
Writing in the Guardian at the close of the G20 summit in Brisbane, Cameron says there is now “a dangerous backdrop of instability and uncertainty” that presents a real risk to the UK recovery, adding that the eurozone slowdown is already having an impact on British exports and manufacturing.”
Most governments have followed our models. China has even publicly stated they are using Capital Flow Analysis which we invented. That being said alone in Front of the Curtain, you can bet that Behind the Curtain the discussions are far more candid. China is also making comments Behind the Curtain that it sees the USA as a declining Superpower.
Historically, great empires have exacted tribute, exploit colonies, and demand conscripts of their protectorates. America is something new in the way of world powers. What is different has been it not only provide the legions to protect “allies,” but provide the tribute in the form of foreign aid, IMF and World Bank loans, and bailout billions. The USA has adopted the approach of the Roman Empire. It sees the world as its domain and thus it has extracted land for its military bases. The economic decline of the United States has been at the hands of its military. Their desire to control the world has exploited the wealth of the nation. One must consider that the JFK assassination may have been orchestrated because Kennedy stated the USA could save the dollar and end its trade deficit in the blink-of-an-eye – stop expanding military bases everywhere; it was not because of changing the money supply abandoning silver.
Indeed, we see the USA decline is akin to the fall of Athens where its arrogance sent its once allies into the arms of its enemy – Sparta. The failure of Congress the reign in the NSA and to stop collecting data if everything everywhere, has cost the nation respect and dignity. The failure to stop the banks exploiting the rest of the world is also seen as terribly arrogant. This decline in respect is following the same decline Athens moved through. This is very disturbing for by 2032 it appears that the world economy will be centered in China – not the West and the coming Sovereign Debt Crisis will wipe out Western Civilization because people are so dependent upon government. We have all our eggs in one basket. What happens with a Sovereign Debt Default? Pensions evaporate.
Changing Bankruptcy Laws for Banks
Today, Congress is going to pass quietly behind the scenes changes to the BANKRUPTCY LAWS illustrating the growing fear that we are going to see a sharp economic decline ahead. The proposed new law would eliminate protections for certain financial contracts that made big bank bankruptcies nearly impossible in the past. Under the current law, if a financial institution files for bankruptcy protection, counterparties can cancel their contracts. That includes derivatives and repurchase agreements. Creditors can actually seize the assets a firm needs to survive.
Consequently, under this new bill, creditors wouldn’t be able to cancel their contracts during the 48-hour transfer process. The banks are cheering this. No wonder. They can be merged and nobody can cancel anything or seize their assets. More and more it looks like those in government understand there are dark clouds on the horizon.
Reblogged this on Awakestate.
I’m just not shocked anymore, I just assume the governments are going to screw us. Great movie that that clip is from, it shows the way things really work in the world.
Thanks for posting these two articles Ron.
Reblogged this on Spartan of Truth.
Gold Rush 23 Nov 2014
Silver For The People
There’s something about the Boris Johnson story that doesn’t quite make sense to me. As a dual citizen, I pay taxes in both the US and New Zealand, depending on the proportion of income I earn in each country. Johnson needs to report the capital gains he made on the sale of his Islington home but surely this is only a tiny fraction of his total income. Americans are allowed to deduct the tax they pay to a foreign government, if this represents the great preponderance of their income.
You may have a loose thread to tug on there!
I really am not interested in Boris, as the larger issue is the the record setting tax revenue the government collects for the banks while the nation literally crumbles into a police state.
Speaking tax system, the G20 summit in Brisbane fortified their commitments to tax the citizens of the various nations through the banks better electronic reporting.
Imagine if they succeed in mandating the “Cashless Society” where all currencies are digital they will achieve 100% compliance without asking the bank deposit or the corporate worker for permission…