Best of the Week
Most Popular
1.UK House Prices Momentum Crash Threatens Mini Bear Market 2017 - Nadeem_Walayat
2.Perfect Storm - This Fourth Turning has Over a Decade of Continuous Storms to Come - James_Quinn
3.UK House Prices Momentum Crash Warns of 2017 Bear Market - Video - Nadeem_Walayat
4.Billionaire Investors Backing A Marijuana Boom In 2017 - OilPrice_Com
5.Emerging Markets & Basic Materials Stocks Breaking Out Together - Rambus_Chartology
6.Global Currency Reserve At Risk - Jim_Willie_CB
7.Gold and Silver: Your Stomach Is Probably Wrenching Right Now - The_Gold_Report
8.Warning: The Fed Is Preparing to Crash the Financial System Again - Graham_Summers
9.Basic Materials and Commodities Analysis and Trend Forecasts - Rambus_Chartology
10.Discover Why A Major American Revolution Is Brewing - Harry_Dent
Last 7 days
Bitcoin Hits New All-Time High Over $4,400 As It Catches Paypal In Total Market Cap - 17th Aug 17
3 Psychological Ingredients behind Great Web Content - 17th Aug 17
The War on Cash - Rogoff, Orwell and Kafka - 17th Aug 17
The Stock Market Guns of August, Trade Set-Up & Removing your Rose Tinted Glasses - 16th Aug 17
Stocks, Bonds, Interest Rates, and Serbia, Camp Kotok 2017 - 16th Aug 17
U.S. Stock Market: Sunrise ... Sunset - 16th Aug 17
The Next Tech Crash Could Delay Your Retirement by a Decade - 15th Aug 17
Gold and Silver Precious Metals Nearing Breakout - 15th Aug 17
North Korea Showdown: Pivotal Market Turning Point - 15th Aug 17
Tech Stocks DOT COM Bubble Do-Over? - 14th Aug 17
Deep State Conspiracy or Chaos - 14th Aug 17
From the Trans-Atlantic Axis and the Trans-Asian Axis - 14th Aug 17
Stock Market Intermediate Correction Underway - 14th Aug 17
The Islamic State Jihadi Pivot to Asia - 13th Aug 17
Potential Pivots Upcoming for Stocks and Gold - 13th Aug 17
North Korean Chinese Proxy vs US Military Empire Trending Towards Nuclear War! - 12th Aug 17
Gold Stocks Coiled Spring - 12th Aug 17
Neil Howe: The Amazon-Walmart Rivalry Will Determine the Future of Retail - 12th Aug 17
How to Alton Towers Half Price Discount Entry 2017 and 2018, Any Time, No Pre-Booking! - 12th Aug 17
Top 3 Technical Trading Tools Part 2: Relative Strength Index (RSI) - 11th Aug 17
What Makes Women Better Investors - 11th Aug 17
Crude Oil Price Precious Metals Link in August - 11th Aug 17
Influencer Marketing Predictions All Businesses Should Take Into Account - 11th Aug 17
Really Bad Ideas - Government Debt Isn’t Actually Debt - 10th Aug 17
Gold Sees Safe Haven Gains On Trump “Fire and Fury” Threat - 9th Aug 17
Why Is The Stock Market Not Trading On Fundamentals Lately? - 9th Aug 17
USD/CAD - Can We Trust This Breakout? - 9th Aug 17
New Monthly Rebate to Help Reduce Your Trading Costs - 9th Aug 17
Stock Market Divergences Are Now Appearing! - 9th Aug 17
Is Inflation an issue or did the Fed Mess Up? - 8th Aug 17
Top 3 Technical Trading Tools Part 1: Japanese Candlesticks - 8th Aug 17
Researchers Find $10 Billion Hidden Treasure In A Dead Volcano - 8th Aug 17
What Happened to Thousands of Sheffield's Street Trees 2017 - Fellings Documentary - 8th Aug 17
Solar, Bubble, Banks, War, and Legal Tender: Five Reasons Why You Should Buy Silver Now - 7th Aug 17
CRASH - If Some People Do It, Nothing Bad Happens, But If Everyone Does It, All Hell Breaks Loose - 7th Aug 17
Gold and Silver : The Battle for Control - 7th Aug 17
Precious Metals Sector is on Major Buy Signal - 7th Aug 17
Stock Market - Has Time Run Out? - 7th Aug 17
Get Ready for an Historic Upside Gold and Silver Run - 7th Aug 17
BOOM! Bitcoin Rockets To New All-Time High As Cryptocurrencies Surge Higher! - 7th Aug 17
U.S. Dollar: This Crash Signals the End - 6th Aug 17
Predicting The Price Of Gold Is A Fool’s Game - 6th Aug 17
Asda Sales Collapse and Profits Crash! UK Retailer Sector Crisis 2017 - 6th Aug 17

Market Oracle FREE Newsletter

3 Videos + 8 Charts = Opportunities You Need to See - Free

The Thieving IRA Going Beyond Extortion to Outright Theft

Politics / Taxes Apr 14, 2017 - 02:47 PM GMT

By: Jeff_Berwick

Politics

People need to realize what government is. It isn’t there to protect you. All government really is is a criminal enterprise that is the most successful one in each geographical jurisdiction.

The only difference between the mafia and government is size. And the IRS is just the largest protection racket in the US.

If you pay the IRS its “protection money,” which they call taxes, they won’t kidnap you and put you into a rape camp. That’s the “protection.”


But now the US government is so bankrupt financially and morally that it is going beyond an outright mafia operation to straight up robbing people.

In the US today both yourself and your property are guilty until proven innocent.

“Asset forfeiture,” which is just theft by the police, that Donald Trump is a big fan of, is now the leading cause of robbery in the US coming in at over $5 Billion USD annually.

People are brainwashed in 12 years of government indoctrination camps and thousands of hours of pro-police propaganda on their television programming to believe that without government police they’d be getting constantly robbed by others.

Well, it turns out that the police rob Americans of more money than all private criminals combined. And they can do it with complete immunity too.

And, in this latest report, the jealous IRS has gotten in on the act because they wanted a piece of the action too.

The IRS already steals more from Americans than any other entity at over $2 trillion per year in taxes. But even that isn’t enough, according to this latest report. On top of all the taxation theft, they are just outright stealing money from people’s bank accounts now.

Banks are forced to report bank deposits of greater than $10,000 in the USSA, which leads many business owners to divvy up their deposits into smaller increments to not set off any red flags with the thieving IRS.

And, in the land of the free, where everything is illegal, a law called the Bank Secrecy Act deems it illegal to deliberately make smaller deposits to specifically avoid the reporting requirements that are associated with depositing sums greater than $10,000.

The main reason people deposits sums under the 10,000 threshold is out of sheer fear. Most don’t recognize it consciously, because of all the “land of the free” brainwashing they’ve had since birth… but on an unconscious level, most in the US know they live in a tyrannical fasco-communist police state and that almost anything they do can make them the target of the government. Plus, on a more conventional level, no one wants to deal with the sheer stack of paperwork involved in the declaration process above the arbitrary $10,000 limit.

When someone intentionally deposits chunks of money under $10,000 this supposed “crime” is called “structuring” and the official reason given for it is to combat terrorism, drug dealing, and “other serious criminal activity.”

Ironically, it’s the US government - the maker of the rule - who is the biggest state sponsor of crime and terrorism in the world. But, those aren’t the truthful reasons anyway. The real reason is to make sure that every transaction done in the US is monitored by the government so it can plunder as much of it as possible.

According to the recently released Inspector General’s (IG) report, the IRS went after hundreds of cases of people suspected of “structuring” that otherwise gave no indication of criminal activity outside of making deposits of less than $10k.

The IG took a sample of over 250 IRS forfeiture actions where the primary reason for asset seizure was solely because the associated dollar value of deposits was consistently less than $10,000 and they found that in over 90% of those cases the businesses or individuals had obtained that money legally.

Moreover, the IG report found that the IRS, being the thugs they are, knew that most of these entities such as jewelry stores, gas stations, and restaurant owners - all who deal mainly with cash - had made their money legally and as a consequence decided to deliberately target them.

In this tyrannical extension of the war on cash, the IRS agents are only questioning these affected business owners after they had already seized their assets!

So in the USSA today you can neither travel in your car with assets of any significant value without road pirates stealing them nor can you deposit them into your bank account in increments of less than 10,000 without raising red flags and also getting them stolen.

And, if you somehow avoid all that then you’ll still be extorted for up to 50% of your wealth via income tax.

And so here at TDV, we continue to advocate keeping your assets outside of the Western financial system and especially out of the reach of the thieving fasco-communist paws of the US federal government and their road pirate minions.

One of the best ways to do that is via cryptocurrencies. That is why the government constantly tries to make cryptocurrencies, like bitcoin, look bad. Because if everyone started using them, then most of their extortion rackets wouldn’t work anymore.

But, that’s just one good reason to look into bitcoin and other cryptocurrencies. The other good reason is that many other people are beginning to realize the value in them and are driving the price of bitcoin and other cryptos higher.

We recommended one to TDV newsletter subscribers (see more on how to subscribe here) called Dash recently. We recommended it to subscribers at $17.15 and it has since skyrocketed past $100 before correcting to just over $60 as of the time of this writing.

To get more information on bitcoin and other cryptocurrencies, click here.

Or view all the presentations from our recent Dollar Vigilante Internationalization & Investment Summit which featured a lot of information on cryptocurrencies here.

You’ve been brainwashed, since birth, that the government and police are here to protect you. They’re not. They are the biggest enemy to your freedom and your prosperity. Take steps to protect yourself from them today.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2017 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife