Back in 2008, I began warning of increasing capital controls that we would see in the future, as a component in the decline of Western economies (Western in the broad sense, including Japan, Australia, etc.)
Along the way, it occurred to me that, at some point, governments might collectively attempt to eliminate paper currency in favour of an electronic currency - transferred from party to party solely through licensed banks. Sound farfetched? Well, maybe, but what if the U.S. and EU agreed on an overall plan, then suggested it to other governments? On the face of it, this smacks of conspiracy theory, yet certainly, all governments would benefit from this control and would be likely to get on board. In fact, it might prove to be the only way out of their present economic problems.
So, how would it play out? Here’s roughly how I saw Phase I:
Link the free movement of cash to terrorism (Create a consciousness that any movement of large sums suggests criminal activity.);
Establish upper limits on the amount of money that can be moved without reporting to some government investigatory agency;
Periodically lower those limits;
Accustom people to making all purchases, however small or large, through a bank card;
Create a consciousness that the mere possession of cash is suspect, since it’s no longer “necessary”.
When I first wrote on the subject, there was considerable criticism as to the possibility that such a programme would ever be attempted, let alone succeed. And, granted, it was so Orwellian that it was understandably seen as a crackpot idea. But since that time, the programme has been developing extremely rapidly. In the last six months alone, it has become so visible that it has even garnered a name - “the War on Cash”.
References in the media have been made that terrorist groups fund their attacks with cash. Dozens of countries have placed limits on the maximum amount of money that can be moved without reporting. Some, notably France, have already begun lowering their limits. Banks in some countries, notably Sweden, are already treating all cash transactions as suspicious. The previously theoretical Phase I is now well under way.
This issue has expanded more quickly than I’d anticipated. Clearly, the governments that are forcing it into being are running out of time. There can only be one reason why they’d rush a programme that normally would be given more time for people to accept, and that’s that they see a crash coming before they can get Phase II of the programme underway.
Although most anyone who’s paying attention recognises that Phase I is in motion, Phase II (as I perceive it) is not yet on the radar, but I believe it will be soon. Phase II will be the second wave of measures and they will be more draconian than Phase I:
Create a definitive false flag event that demonstrates how physical cash is the primary means of funding evil acts in the world;
Declare a date on which paper currency will become illegal (Until that date, it can be deposited into a bank. After that date, it becomes criminal to possess it.);
Once all cash has been deposited in banks, increase negative interest rates;
Confiscation of deposits can then be implemented, as desired, by banks (Confiscation of deposits is already legal in Canada, the U.S., and the EU.);
Confiscate contents of selected safe deposit boxes;
End “voluntary” taxation. All taxation will, in future, be by direct debit;
Declare money to be the property of the State that issued it. (The people are allowed to trade in it, but it is not truly theirs. The State therefore can freeze or confiscate the funds in any account, if any crime is “suspected”.).
In recent months, I’ve warned repeatedly that, since confiscations of deposits will take place, we must assume that banks will additionally raid safe deposit boxes, as stated in the above list. Some banks, beginning with JPMorgan Chase, have placed limits on what forms of wealth can be placed in safe deposit boxes. Since then, Greece has taken this one step further. In future, Greek citizens will be required to declare cash exceeding €15,000, jewellery and precious stones valued at over €30,000 and declare the location of the safe deposit box in which they’re stored.
The declaration is fraught with difficulties for the depositor, as he bears the obligation to accurately appraise each item. Should authorities disagree with the appraisal of, say, Grandma’s diamond brooch, the depositor would be suspect and may face confiscation.
State Wealth Control
Once Phase II is completed, state wealth control will exist. And, again, this prediction will seem at first glance to be Orwellian - a mere fiction. But then, less than a year ago, the War on Cash was regarded by only a few as being even within the realm of possibility, let alone right around the corner. And so it is with Phase II. Now that Phase I is in motion, it’s accepted as an unsettling reality, but Phase II is the obvious sequel.
If you have cash in a bank, you think of it as your own. This is not the case. It’s wealth that you’ve loaned to the bank. In the future, the bank (with governmental approval) will have the power to decide if and when they will return all, or a part, of that cash to you. They will set the rules as to how that decision will be arrived at and those rules will be changed periodically. Since those rules will be arrived at by the banks (without need for your consent), the outcome will most certainly not be in your favour.
Those who read this statement might react in one of three ways:
“This can’t be happening.”
“Okay, it’s happening, but there’s nothing I can do about it. It’s global.”
“There must be something I can do to keep from being robbed.”
The first group will be the largest. They will freeze up, do little or nothing, and become victims. The second group may complain and even struggle a bit against these developments, but won’t prepare sufficiently and, ultimately, will also become victims.
The third group will seek alternatives, and here’s where the light appears at the end of the tunnel. Yes, this effort will be international, but it won’t be fully global. There will be those jurisdictions that, traditionally, have not been willing to fall into line with the world’s foremost powers. They will not wish to go off the same cliff as the others and will take a different tack. They will be the recipients of those people who seek to escape the collapsing system. But, more than ever before, time is limited; the window is clearly closing.
Escape from Confiscation
The solution is surprisingly simple, although it will take work and dedication:
If you’re a resident of any jurisdiction that’s presently going down this road, move your money to a jurisdiction that has a consistent history for stable government, low (or no) direct taxation, and minimal interference or regulation over wealth;
Convert your wealth into those forms of assets that are hardest for rapacious governments to confiscate (foreign-held precious metals and real estate);
Create an exit plan for your own physical escape, should it become necessary.
Editor’s Note: The War on Cash and negative interest rates are radical and insane measures. They are a sign of desperation.
They are also huge threats to your financial security. Central planners are playing with fire and inviting a currency catastrophe.
Most people have no idea what really happens when a currency collapses, let alone how to prepare…
How will you protect your savings in the event of a currency crisis? This just-released video will show you exactly how. Click here to watch it now.
IS THERE IS NO END TO THE OBAMA LAW LICENSE ROTTENNESS - WE KEEP FINDING STUFF OUT ABOUT BOTH OBAMA'S THAT THE LIBERAL NEWS MEDIA REFUSES TO DISCLOSE.
From a former intelligence officer...firstname.lastname@example.org
I checked this out and Barry lost his law licence for lying about drug use (among other things) on his application
Michelle Baby lost hers in 1991: Michelle Obama tried to extort some Sidley clients and lost her law license.
Ms. Obama entered Mayor Richard Daley's Office, courtesy of the Marxist Valerie Jarrett daughter in law of Vernon Jarrett the bosom friend of Frank Marshall Davis, the Marxist pedophile mentor of Barry Soetoro (1970-1978).
It is verified and Truth or Fiction shields them just as the legal website intended when they voluntarily gave up their licenses to keep out of the public record.
I knew they had both lost their law license, but I didn't know why until I read this.
This is legit. I checked it out myself at https://www.iardc.org . Stands for Illinois Attorney Registration And Disciplinary Committee. It's the official arm of lawyer discipline in Illinois; and they are very strict and mean as hell. (Talk about irony.) Even I, at the advanced age of almost 65, maintain (at the cost of approximately $600/year) my law license that I worked so hard and long to earn.
Former Constitutional Law Lecturer and U.S. President Makes Up Constitutional Quotes During State Of The Union (SOTU) Address.
1. President Barack Obama, former editor of the Harvard Law Review, is no longer a "lawyer". He surrendered his license back in 2008 in order to escape charges he lied on his bar application. A "Voluntary Surrender" is not something where you decide "Gee, a license is not really something I need anymore, is it?" and forget to renew your license. No, a "Voluntary Surrender" is something you do when you've been accused of something, and you 'voluntarily surrender" your license five seconds before the state suspends you.
2 Michelle Obama "voluntarily surrendered" her law license in 1993. after a Federal Judge gave her the choice between surrendering her license or standing trial for Insurance fraud!
3. So, we have the first black President and First Lady - who don't actually have licenses to practice law. Facts.
4. A senior lecturer is one thing, a fully ranked law professor is another. Barack Obama was NOT a Constitutional Law Professor at the University of Chicago.
5. The University of Chicago released a statement in March 2008 saying Sen. Barack Obama (D-Ill.) "served as a professor" in the law school-but that is a title Obama, who taught courses there part-time, never held, a spokesman for the school confirmed in 2008.
6. "He did not hold the title of Professor of Law," said Marsha Ferziger Nagorsky, an Assistant Dean for Communications and Lecturer in Law at the University of Chicago School of Law.
7. The former Constitutional Senior Lecturer (Obama) cited the U.S. Constitution the other night during his State of the Union Address. Unfortunately, the quote he cited was from the Declaration of Independence ... not the Constitution.
8. The B-Cast posted the video: http://www.breitbart.tv/did-obama-confuse-the-constitution-with-the-declaration-of-independence/
9. Free Republic: In the State of the Union Address, President Obama said: "We find unity in our incredible diversity, drawing on the promise enshrined in our Constitution: the notion that we are all created equal.
10. Um, wrong citing, wrong founding document there Champ, I mean Mr. President. By the way, the promises are not a notion, our founders named them unalienable rights. The document is our Declaration of Independence and it reads:
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.
11. And this is the same guy who lectured the Supreme Court moments later in the same speech?
When you are a phony it's hard to keep facts straight.
Keep this moving -- educate others about the Obama law license controversy.
COMMENTS ABOUT THE OBAMA GRIFTERS, SCAMMERS AND OBAMA LAW LICENSE CONTROVERSY -
I am an Eagle Scout who is loyal, truthful, honest and trustworthy to you. “Be Prepared” is the Boy Scout motto. Isn't it?
You can learn more about the planned Hitler-like one-world government dictatorship - a 100 year old insidious takeover plot by inter-generational central banking elite - at my sister site www.one-world-government.org Hurry your and the worlds survival is at risk!
Obama Law License - continued
Pres. Barack Obama – Editor of the Harvard Law Review – Has No Law License???
May 15, 2009 by Johnny Alamo
I saw a note slide across the #TCOT feed on Twitter last night that mentioned Michelle Obama had no law license. This struck me as odd, since (a) she went to school to be a lawyer, and (b) she just recently held a position with the University of Chicago Hospitals as legal counsel — and that’s a pretty hard job to qualify for without a law license.
But being a licensed professional myself, I knew that every state not only requires licensure, they make it possible to check online the status of any licensed professional. So I did, and here’s the results from the ARDC Website:
She “voluntarily surrendered” her license in 1993. Let me explain what that means. A “Voluntary Surrender” is not something where you decide “Gee, a license is not really something I need anymore, is it?” and forget to renew your license. No, a “Voluntary Surrender” is something you do when you’ve been accused of something, and you ‘voluntarily surrender” your license about five seconds before the state suspends (or disbars) you.
I tried looking up why she would “Voluntarily surrender” her license, but Illinois does not have it’s 1993 records online.
But when I searched for “Obama”, I found this:
“Voluntarily retired” — what does that mean? Bill Clinton hung onto his law license until he was convicted of making a false statement in the Monica Lewinsky case and had to “Voluntarily Surrender” his license too.
This is the former editor of the Harvard Law Review who doesn’t seem to give a crap about his law license.
Something else odd; while the Search feature brings up the names, any searches for the Disciplinary actions ends quickly.
As in, Too Quickly. Less than a half-second quickly on a Search Engine that can take five seconds to Search for anything.
As in, “there’s a block on that information” kind of thing.
So we have the first Lawyer President and First Lady — who don’t actually have licenses to practice law.
There’s more to this story, I’m sure. I’ll let you know when I find it.
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The GREATER DEFLATION is approaching quickly!
We need to get the word out or else we will all be seeing each other down at the soup line.
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WHY PRESIDENT JOHNSON, J. EDGAR HOOVER, THE CIA, MASSOD, MAFIA, BANKSTERS ALL ZIONISTS * KILLED PRESIDENT KENNEDY IN A FASCIST COUP TO FURTHER ONE WORLD GOVERNMENT BY SOCIALIST DICTATORSHIP * PS MAINSTREAM MEDIA, HOLLYWOOD AND BOTH POLITICAL PARTIES ARE NOW ZIONIST
JFK CONSPIRACY SPEECH - REASON PRESIDENT JOHNSON AND HEAD OF FBI - J. EDGAR HOOVER DO COVERT COUP KILLING PRESIDENT JOHN F KENNEDY.
THEN IN BANKSTER SECRET SUBVERSION SABOTAGE SCHEME - THEY HAVE JACK RUBY - (RUBENSTEIN - ZIONIST MAFIA) - CLEAN UP AND ASSASSINATE PATSY LEE HARVEY OSWALD
By JFK 1961
"The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and secret proceedings.
We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions.
Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon those anxious to expand its meaning to the very limits of official censorship and concealment.
That I do not intend to permit to the extent that it is in my control.
And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know."
For we are opposed around the world by a monolithic and ruthless conspiracy that relies on covert means for expanding its sphere of influence--on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day.
It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations.
Its preparations are concealed, not published. Its mistakes are buried not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed."
"No President should fear public scrutiny of his program. For from that scrutiny comes understanding; and from that understanding comes support or opposition. And both are necessary.
I am not asking your newspapers to support the Administration, but I am asking your help in the tremendous task of informing and alerting the American people. For I have complete confidence in the response and dedication of our citizens whenever they are fully informed.
I not only could not stifle controversy among your readers-- I welcome it.
This Administration intends to be candid about its errors; for as a wise man once said: "An error does not become a mistake until you refuse to correct it." We intend to accept full responsibility for our errors; and we expect you to point them out when we miss them.
Without debate, without criticism, no Administration and no country can succeed-- and no republic can survive.
That is why the Athenian lawmaker Solon decreed it a crime for any citizen to shrink from controversy.
And that is why our press was protected by the First Amendment-- the only business in America specifically protected by the Constitution-- not primarily to amuse and entertain, not to emphasize the trivial and sentimental, not to simply "give the public what it wants"--but to inform, to arouse, to reflect, to state our dangers and our opportunities, to indicate our crises and our choices, to lead, mold, educate and sometimes even anger public opinion.
This means greater coverage and analysis of international news-- for it is no longer far away and foreign but close at hand and local. It means greater attention to improved understanding of the news as well as improved transmission. And it means, finally, that government at all levels, must meet its obligation to provide you with the fullest possible information outside the narrowest limits of national security...
And so it is to the printing press--to the recorder of mans deeds, the keeper of his conscience, the courier of his news-- that we look for strength and assistance, confident that with your help man will be what he was born to be: free and independent."
Barack Hussein Obama never wrote the book advertised here in a 1991
publishers promotional pamphlet put out by his literary agency, Acton
& Dystel, of a coming Obama book for sale, "Images in Black and
Instead, Obama wrote (some say communist Bill Ayers
actually wrote) "Dreams from My Father" an autobiography with a
socialist slant depicting his communist father as an anticolonialist
blaming the west for all the world's ills.
That is where lawless
Obama's rogue renegade radical leftist transforming change ideas came
from. Obama's upbringing came from communist family members (father and
both grandparents on his mothers side), socialist mother and friends. In
fact, Obama's mentor and tutor. Frank Marshal Davis, was on the FBI
communist watch list - member of Communist Party USA (CPUSA) card number
47544. Then came Marxist groups in college and finally socialist groups
like the New Party in Chicago where he was a community organizer
See actual brochure from his publicist stating Barack Hussein Obama was born in Kenya, Africa - above.
"Hope and Change" campaign slogan has morphed into WE HOPE HE CHANGES.
Narcissist Obama showed himself to be an ideologue and a fascist
dictator puppet and mole for the criminal Anglo American financial power
elite international central banking families. This criminal cabal run
by the Zioniist Rothschild and Rockefeller family cabal cartel control
all the central (sovereign) banks of the world and wants one world
government/new world order aka new underworld order control goal of
global socialist fascist dictatorship at any cost or means.
in the Greater Depression, which actually began with the year 2000 dot
com bust, along with the plight of most American citizens worsened under
his statist agenda. Obama's legacy will be trillions of wasted stimulus
spending, grotesque government growth and over 1,000 dictatorial
executive orders - many unconstitutional - most illegal - all socialist
Working for his elite Rothschild handlers,
Obama has led us to the brink of economic collapse and planned coup by
Zionist bankster oligarchs who already control both political parties in
A phony Iran, Syrian and Ukrainian war leading to a
phony World War Three threatening the very survival of mankind is next
if we don't stop the insanity. Watch out for false flag nuclear
explosions in the Ukraine and Iran.
The American, NATO and
Israel elite scheme is to get the people so confused and demoralized
that they can abscond with the last of the world's middle classes power,
freedom and money in the coming Greatest Depression.
THINK: BIG BROTHER AND THE MAFIA JOIN UP!
The BANKSTER elite want a fascist socialist one world government dictatorship.
It's all about control of you and I. Pure Tyranny!