Best of the Week
Most Popular
1.What Happened to the Stock Market Crash Experts Were Predicting - Sol_Palha
2.London Housing Market Property Bubble Vulnerable To Crash - GoldCore
3.The Plan to Control ALL Your Money is Now at Advanced Stage
4.Why Gold Is Set For An Epic Rally This Spring - James Burgess
5.MR ROBOT NHS Cyber Attack Hack - Why Israel, NSA, CIA and GCHQ are Culpable - Nadeem_Walayat
6.Emmanuel Macron and Banking Elite Win French Presidential Election 2017 - Nadeem_Walayat
7.Trend Lines Met, Technical's are Set - US Dollar is Ready to Rally (Elliott Wave Analysis) - Enda_Glynn
8.The Student Debt Servitude Sham - Gordon_T_Long
9.Czar Trump Fires Comey, Terminates Deep State FBI, CIA Director Next? - Nadeem_Walayat
10.UK Local Elections 2017 - Labour Blood Bath, UKIP Death, Tory June 8th Landslide - Nadeem_Walayat
Last 7 days
SPX/NDX/NAZ Hit New All-time Highs - 27th May 17
GBPUSD Top in Place, GOLD Price Ready to Rocket? - 27th May 17
Silver Mining Stocks Fundamentals - 27th May 17
BBC Newsnight Falls for FAKE POLLS, Opinion Pollsters Illusion for Mainstream Media to Sell - 27th May 17
UK Local Election Results Forecast for General Election 2017 - 26th May 17
Stock Market & Crude Oil Forecast! - 26th May 17
Opinion Pollsters UK General Election Seats Forecasts 2017 - 26th May 17
Bitcoin and AltCoins Crypto Price Correction - 26th May 17
Bearish Head and Shoulders in EURUSD? - 26th May 17
SELL US Stocks - Massive Market CRASH WARNING! - 26th May 17
EURGBP: A Picture of Elliott Wave Precision - 26th May 17
Credit Downgrades May Prompt Stock Market Capital Shift - 26th May 17
Rosenstein and Mueller: the Regime Change Tag-Team - 25th May 17
Stock Market Top - Are We There Yet? - 25th May 17
Should I Invest My Fortune in Gold? Inaugural Lecture by Dr Brian Lucey - 25th May 17
USD/CAD Continues Decline - 25th May 17
Bitcoin Price Goes Loco! Surges through $2,500 Despite Unclear Fork Issues - 25th May 17
The US-Saudi Arms Deal - Sordid Saudi Signals - 25th May 17
The No.1 Commodity Play In The World Today - 24th May 17
Marks and Spencer Profits Collapse, Latest Retailer Hit by Brexit Inflation Tsunami 2017 - 24th May 17
Why Online Trading Platforms Are Useful for Everyone - 24th May 17
The Stock Market Will Tank Hard - 24th May 17
It’s Better to Buy Gold & Silver When It DOESN’T Feel Good - 24th May 17
Global Warming - Saving Us From Us - 24th May 17
Stock Market Forecast for Next 3 Months - Video - 23rd May 17
Shale Oil & Gas Production Costs Spiral Higher As Monstrous Decline Rates Eat Into Cash Flows - 23rd May 17
The Only Metal Trump Wants More Than Gold - 23rd May 17
America's Southern Heritage is a Threat to the Deep State - 23rd May 17
Manchester Bombing - ISIS Islamic Terrorist Attack Attempt to Influence BrExit Election - 23rd May 17
What an America First Trade Policy Could Mean for the US Dollar - 22nd May 17
Gold and Sillver Markets - Silver Price Sharp Selloff - 22nd May - 22nd May 17
Stock Market Volatile C-Wave - 22nd May 17
Stock Market Trend Forecast and Fear Trading - 22nd May 17
US Dollar Cycle : Deep Dive - 21st May 17
Bitcoin Breaks the $2,000 Mark as Cryptocurrencies Continue to Explode Higher - 21st May 17
Stocks, Commodities and Gold Multi-Market Status - 21st May 17
Stock Market Day Trading Strategies and Brief 20th May 2017 - 21st May 17
DOW Needs to Rally Big or Correction is Next - 20th May 17
EURUSD reaches DO or DIE moment! - 20th May 17
How to Get FREE Walkers Crisps Multi-packs! £5 to £28k Pay Packet Promo - 20th May 17

Market Oracle FREE Newsletter

Why 95% of Traders Fail

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

© 2005-2016 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