Thursday, April 4, 2013

The shape of things to come.....Capital Controls

 A cache of 2.5 million files has cracked open the secrets of more than 120,000 offshore companies and trusts, exposing hidden dealings of politicians, con men and the mega-rich the world over.
Huh, how did all these smoking guns files all get put in one place?

From the "you never know if your tin foil hat is thick enough" department.

My first thought on reading this article--we are being set up for capital controls.

Note that Huffington Post functions as a promotion board for an agenda that includes
  • Gun Control / Confiscation
  • Gay Marriage Rights
  • and whatever other agenda the current administration wants to promote at the time.

They are an effective Propaganda machine.   Whether this is diabolical in intent, or simply a coincidence of being liberal and democrat leaning, who knows.

But they sure seem to "prime the public" into a convenient sheeple thought pattern.

That said, they do occasionally give Obama a hard time, make him look bad.

A year or two ago, Big Gov came up with some language that required foreign banks to divulge information to USA gov or we would beat up their countries governments through various means fair and foul, and of course, beat up those banks that were mutlinational.   Much of the law was written very vague, and many bank were "scared" in not doing business with USA citizens, because the vagueness allowed any number of bad outcomes.

Recently they clarified these rules that were like 12 pages, with 800 pages.    I guess that is "an improvement".

With Cyprus shenanigans in the spot light, more and more people would like to diversfy the country that they hold assets in.    Big Gov is not dumb, they just act that way sometimes.     They want to scare people by being afraid to open foreign accounts, having complex reporting requirements.   They also want to villianize anyone having any offshore accounts, they will make Joe Sheeple think....hey its these offshore accounts that are evil, making my taxes go up. 

Its a full time job trying to stay a few steps ahead of this slow motion train wreck.


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