Posted on October 16, 2015 by Martin Armstrong
These people are highly dangerous. They only see government as the solution and do not grasp that we have rights. Government wants to eliminate all encryption because they are hunting money. You have a 1000 times greater chance of dying in a car crash than by a terrorist. They use terrorism as the great excuse to collect everything we do.
How did the world function before the internet? Did they intercept every letter in the mail or record every phone call? Why is it that with the internet these people feel they have a right to listen and read everything we communicate? This is EXACTLY the same paranoia displayed by Stalin. Human rights do not simply vanish because we have entered the internet age. We still have rights that governments need to respect, but refuse because they are always desperately in need of more taxes to pay their bankers. The OECD has stated, “Co-operation between tax administrations is critical in the fight against tax evasion and a key aspect of that co-operation is exchange of information.” It’s all about money any nothing else.
In 2010, the U.S. enacted legislation known as FATCA (Foreign Account Tax Compliance Act), which is destroying the world economy and lowering economic growth globally. Effectively, FATCA requires foreign financial institutions around the globe to report account details of their U.S. customers to the U.S. tax administration. However, this requires foreign institutions to file that they do not have any American clients. The legal and cost issues of this approach imposed by the USA are being adopted by five other countries including France, Germany, Italy, Spain, and the United Kingdom. FATCA has become a model for the intergovernmental cooperation in hunting taxes. The postwar economy was built on the free flow of capital. Americans cannot open accounts overseas because the penalties are far too stiff for failure to report any American to the U.S. authorities. They will be giving up everyone to their respective countries, which will be implemented in 2017.
If we do not eliminate taxes and transform the monetary system into a new era where the cost of government is held to 5% of GDP and money is merely created to fund the cost of government, along with abolishing career politicians, we will lose everything. We are heading into the direction of a total loss of all rights simply because of taxes.
This entry was posted in World News and tagged David Cameron, FATCA, Taxes by Martin Armstrong. Bookmark the permalink.