Tag Archive | poverty

The New Travel Ban You Didn’t Hear About Is Against U.S. Citizens*

The New Travel Ban You Didn’t Hear About Is Against U.S. Citizens*

By Shaun Bradley

As emotions intensify over Trump’s recent immigration ban, the State Department and IRS have quietly used it as a smokescreen to roll out a new policy that targets U.S. citizens for unpaid taxes.

The passports of these individuals can now be revoked and their citizenship status undermined at the behest of one of the government’s most corrupt agencies. By granting the Internal Revenue Service control over passports, due process has been significantly undermined. The shield of protection that U.S. citizenship used to represent has transformed into an inescapable brand of ownership. The desperate financial condition of the federal government will only worsen in the future, forcing it to further consume its own people’s wealth in order to survive.

The new program is set to be implemented over the next few months, and currently only those with ‘seriously delinquent tax debt’ are in the crosshairs. An individual must have $50,000 worth of tax debt to be subject to revocation, but that number can easily be adjusted downward in the future. Once identified by the IRS, a certification is sent to the State Department to begin the process. The taxpayer is then informed of the action taken against them, but any recourse from there is extremely limited. This policy blatantly targets citizens living outside of the country who may not have filed with the IRS while earning an income abroad.

The United States is one of only two countries in the world that entitles itself to tax citizens while they work in other countries. These regulations were bolstered by FACTA legislation, which requires all foreign financial institutions to report account information on Americans. The additional risks that come with having to deal directly with the U.S. government have led many foreign banks to deny American clients altogether.

As society progresses into the next age of authoritarianism, it’s clear that control over travel is going to play a key role in the power structure. The National ID is just one sign of the changing tide and will require federal identification instead of a state driver’s license to travel. These new cards would establish a kind of ‘domestic passport’ system that would open the door to serious abuses against law-abiding citizens. The consolidation of authority into agencies like the TSA and IRS should act as a canary in the coal mine to those worried about the suppression of their freedom of movement.

The ACLU has come out strongly against this kind of control grid being established:

“Americans have long had a visceral aversion to building a society in which the authorities could act like totalitarian sentries and demand ‘your papers please!’ And that everyday intrusiveness would be conjoined with the full power of modern computer and database technology. When a police officer or security guard scans your ID card with his pocket bar-code reader, for example, will a permanent record be created of that check, including the time and your location? How long before office buildings, doctors’ offices, gas stations, highway tolls, subways and buses incorporate the ID card into their security or payment systems for greater efficiency? The end result could be a nation where citizens’ movements inside their own country are monitored and recorded through these ‘internal passports.’”

Considering all of this, the implications of Trump’s border wall should start to appear more sinister than ever to individual freedom. In the years to come, the wall could just as easily be used to keep people in rather than out.

When a country is no longer able to say who can, and who cannot , come in & out, especially for reasons of safety &.security – big trouble!

— Donald J. Trump (@realDonaldTrump) February 4, 2017

The pride that used to be associated with American citizenship created a country of opportunity for those willing to work hard, but now that pride has been replaced with a ball and chain that drags down the prosperity of those hindered by it. Tax evasion is seen by many as a crime deserving of severe punishment, but the hypocrisy of a nation like the United States claiming the moral high ground is laughable. Those who can distance themselves from the jurisdiction of bureaucrats in Washington should do so as soon as possible. America is starting to resemble the Titanic, and there aren’t enough lifeboats for the passengers. The objective now should be to avoid being pulled under the water when the $20 trillion debt bubble implodes.

Source*

Related Topics:

U.S. Taxation Deadline Looms for Trinidad and Tobago*

U.S. Taxpayers Funded Clinton’s Private Email Servers through ‘Former Presidents Act’*

Former Head of Morgan Stanley Indicted for Evading $45mn in Taxes*

U.S. Now Taxing Collection of Rainwater*

IRS Agent Admits Income Tax is Unconstitutional and Illegal*

Flint Tax Payers to foot Gov. Synder’s $500,000 Attorney’s Fee*

Rothschild Establishes Billionaire Tax Haven Inside America*

U.S. Sued over $280bn Tax-deductible Aid Sent to Israel*

1980 Interview: How the Tax Exempt Foundation has brought about the Destruction of U.S.*

What Will Unfold as Greece Hires a Rothschild as Debt Advisor*

What Will Unfold as Greece Hires a Rothschild as Debt Advisor*

As concerns over Greece and its debt mount, Athens has reportedly decided to call in Rothschild, one of the oldest financial firms in the world, to navigate the country’s long-running creditor stand-off and avert default.

According to the Financial Times, Greek authorities hope to finalize the appointment before crunch debt talks with eurozone finance ministers on February 20. The date has been described as the last chance for a bailout review with the upcoming elections in Europe likely to dominate the EU agenda.

Sources told the Financial Times that Rothschild is expected to advise Athens on all areas connected to its debt, including negotiations with creditors, potential inclusion in the European Central Bank’s €80 billion per month bond-buying program and the resumption of Greek government bond sales.

They added the bank will be paid a bonus when Greece regains access to global debt markets.

The Rothschild investment bank was founded over 200 years ago by Mayer Amschel Rothschild. Five of his sons established banking businesses around Europe and the firm today has more than three thousand employees in 40 countries.

The appointment of Rothschild as sovereign debt adviser will require ministerial approval. The bank will thus replace U.S. investment bank Lazard, which worked on Greece’s bailout talks in 2012, and is currently acting as financial adviser to the Greek Ministry of Energy.

The FT revelations may also shed light into the mystery surrounding a secret meeting of Prime Minister Alexis Tsipras with Rotchild representatives in Paris last month.

Last week, the political debate in Greece was heated after the vice president of main opposition party New Democracy revealed that Greek Prime Minister Alexis Tsipras had a secret meeting with the representatives of the Rotchild investment bank in Paris.

The meeting was revealed after the ND vice had claimed Tsipras had misused the prime minister aircraft and flew to Paris for family vacation while he was flying back to Greece from Portugal end of  January.

Bowing to the insisting pressure of ND, the prime minister’s office said in a non paper that purpose of the meeting was to bring investment in Greece and that there was also a meeting with the CEO of  cosmetics company L’ Oreal. The non paper also said that the Rothschild investment bank was adviser to the Public Debt Management Agency.

According to press reports, the Rothschild confirmed the meeting with the Greek Prime Minister but did not revealed details. In the same wavelength, L’ Oreal confirmed without further details that it was a private meeting.

After the Financial Times revealed that Greece government will hire Rothschild as debt adviser, Greek media report that the investment bank will help the Greek government to reach a deal with the E.U. and the IMF lenders on the next Eurogroup scheduled for 20. February.

Without the conclusion of the second review Greece will not be able to receive the next bailout tranche in order to meet its obligations towards the lenders and private investors.

Source*

Related Topics:

Greece Bans Cash*

E.U. Throws Greece and Refugees to the Sharks*

Greece’s Former President of Parliament on Why Syriza Party Broke Its Pledge to the People*

Greece is now a Colony of the E.U.*

Baron Rothschild Indicted in France for Fraud*

Rothschild Bank under Criminal Investigation over Missing $4bn in Global Corruption Probe*

Website that Rakes off £20mn a year from your Charity Donations*

Website that Rakes off £20mn a year from your Charity Donations*
By Paul Bentley, Tom Kelly

The JustGiving website is used by millions every year to raise money for deserving charities.

Many, however, are unaware that it takes more than £20million a year from fundraisers – while its boss has a £200,000 pay package.

The firm takes a cut of more than 6% from almost every donation. Some of the money is spent keeping the site working 24 hours a day and finding innovative ways of raising more for good causes

Founders: JustGiving’s Anne-Marie Huby, seated, and Zarine Kharas

But accounts show more than £10million last year went on staff costs – with the website’s directors, technicians, sales and administration workers paid an average salary of more than £60,000. The boss of the firm earned a pay package of £198,000.

Last night charity chiefs accused JustGiving of ‘greed’, saying the fees were ‘hard to stomach’. And fundraisers told of their fury, labelling the site ‘JustTaking’.

JustGiving is used by millions to manage donations from friends and family when they are raising money for charity, such as through sponsored cycle rides or races.

Amateur fundraisers set up a profile on the site which includes a description of why they are raising money and which charity the funds will go to. People can then donate through the site and write messages of support on the profile page.

But many are unaware that so much of their money is taken in fees by the firm.

One appeal currently on JustGiving was set up by the parents of a desperately ill four-year-old boy named Sam.

They have so far managed to raise £160,000 to fund cancer treatment for him abroad that he cannot get on the NHS.

But under JustGiving’s terms, the firm stands to make about £10,000 from Sam’s treatment fund.

 

JustGiving officially says it takes 5% from donations. But the percentage is calculated after including a Gift Aid tax rebate, so the cut works out as more. Pictured: JustGiving bosses

JustGiving officially says it takes 5 per cent from donations. But the percentage is calculated after including a Gift Aid tax rebate, so the cut works out as more.

If you donate £10 to a friend’s marathon fundraising page on JustGiving and it is eligible for Gift Aid, the taxman tops up the donation to £12.50.

JustGiving then takes its 5% fee from the £12.50 – which works out as 63p, or 6.3% of the original £10 donation. There is then an extra card processing fee of between 13p and 17p.

 

On top of this, JustGiving charges subscription fees to charities if they want to use the site to raise money. Small charities raising up to £15,000 in a year including Gift Aid have to pay £15 per month, plus VAT. Larger charities pay £39 per month, plus VAT.

The fees appear far higher than those charged by competitors, such as BT’s MyDonate website and Virgin Money Giving.

JustGiving has continued to take the high fees despite an outcry in 2014 when it emerged it was to take a cut from nearly £3million raised on its site by teenager Stephen Sutton, who died from bowel cancer.

Instead of waiving the commission fee, JustGiving donated £50,000 to Stephen’s campaign. It is believed to have taken about £100,000 from the donations.

The cut could have been higher but JustGiving takes less commission from donations to charities receiving a large volume of donations.

Some £440million was raised for charities through JustGiving in 2016, up from £404million in 2015.

JustGiving donation pages do not declare the exact cut the firm will take, but include small-print at the bottom of each profile, stating: ‘Charities pay a small fee for our service’ and adding a link alongside the words: ‘Find out how much it is and what we do for it.’

The firm insists it is more transparent than its competitors about the fees it takes.

JustGiving was launched in 2001 by former lawyer Zarine Kharas and Anne-Marie Huby, a charity director.

Accounts show the highest paid director of JustGiving was paid a salary of £152,000 in 2015 and pension contributions for this boss were £46,600 that year. The firm would not say which of the founders took this £198,600 pay package.

JustGiving’s co-founder Miss Kharas, a former City lawyer and investment banker, has always been open that it is a ‘for profit’ company but said her motivation in founding the firm was to serve a ‘genuine social purpose’.

Cambridge-educated Miss Kharas said in a 2009 interview:

‘I didn’t set it up to make money. That’s an important distinction.’

In 2015 JustGiving paid its 157 employees £9.45million in wages and salaries – almost half of the £21.6million it took that year in turnover from donor fees and charity subscriptions.

When share payments, pension contributions and social security costs are included, the total spending on staff was £10.98million.

Ashley Fulwood, chief executive of OCD-UK, said his small charity’s fees for JustGiving had increased last year by more than £300.

‘I understand they have to cover their overheads,’ he added.

‘But half of the money is going on wages.

Stephen Sutton's mother Jane Sutton (centre left) with Kate Collins (centre right) Director of Fundraising for the Teenage Cancer Trust with Anne-Marie Huby MD of JustGiving (left) and Zarine Kharas Co-Founder at the JustGiving Awards 2014

Stephen Sutton’s mother Jane Sutton (centre left) with Kate Collins (centre right) Director of Fundraising for the Teenage Cancer Trust with Anne-Marie Huby MD of JustGiving (left) and Zarine Kharas Co-Founder at the JustGiving Awards 2014

 

‘They are taking people’s hard-earned money for themselves. It is greed. The increase in our fees this year is the equivalent of someone doing a 10k race for us. It is difficult to stomach.’

In January a fundraiser wrote on Twitter that others should consider using alternative charity websites, adding:

 ‘JustGiving should be called JustTaking!’ Joe Timmins, who has used the site, added: ‘JustGiving making excessive profits from charity.’

JustGiving claimed the fees it charges are reinvested in the firm so it can run the site efficiently and safely for charities.

It said the money is used to create new fundraising tools, provide customer service and help charities analyse their successes.

The firm claims its competitors do not notify donors on fundraising pages that they charge a fee. Instead, donors have to navigate away from their fundraising page in order to learn about their fees.

A spokesman for JustGiving said: ‘More charities and fundraisers choose JustGiving than any other fundraising site because we help them raise more, net of fees.

‘Our small fee is systematically reinvested into creating the services and technologies that help good causes raise more money, and our investors have never taken a penny out of the business.

‘As a company, we have helped raise far more money for good causes than lower-cost or free options, which offer a poor service through lack of investment and let charities and users down as a result.’

Cancer sufferer’s appeal made them thousands 

Stephen Sutton raised £2.8million through JustGiving after he was diagnosed with terminal bowel cancer.

The inspirational teenager aimed to raise £10,000 for the Teenage Cancer Trust before he died – but the amount spiralled after his campaign became a worldwide internet sensation.

In total more than £5million has been donated because of Stephen, who died aged 19 and was awarded a posthumous MBE by the Queen

The inspirational teenager aimed to raise £10,000 for the Teenage Cancer Trust before he died

The inspirational teenager aimed to raise £10,000 for the Teenage Cancer Trust before he died

Almost £3million has come through online donations on JustGiving. But JustGiving is believed to have taken about £100,000 in fees from the donations. The cut was lower than it might have been because JustGiving takes less commission from popular charities, such as the Teenage Cancer Trust. It can be as low as 2 per cent.

JustGiving refused to waive the fee despite an outcry about it in 2014. Instead, the firm donated £50,000 to Stephen’s campaign.

After Claire Squires collapsed and died while running the London Marathon in 2012, her JustGiving fund for the Samaritans rose from £500 to £400,000.

Well-wishers found her page online and gave generously in memory of the 30-year-old hairdresser.

But they were furious when it emerged JustGiving was due to make as much as £26,000 from her page in only 48 hours. JustGiving later announced it would waive the fee.

More than £2.8million was raised on JustGiving during the ‘Ice Bucket Challenge’ fundraising campaign in 2014.

That summer, millions of people poured freezing water over their heads to raise money for Motor Neurone Disease charities.

JustGiving’s fees mean it could have made up to £175,000 from the donations.

The final figure will have depended on whether gift aid was claimed and whether JustGiving offered any fee discounts for the charities.

JustGiving denied taking a £175,000 fee in this case but would not disclose the exact figure.

 

Sources*

Related Topics:

West Bank Charity Continues Ancient Duty to Feed the Hungry*

Neo-Nazis Tricked into Raising Money for anti-Nazi Charity*

UK Poll: Muslims give more to Charity than Other Faiths*

The Charity of Love

If the Noose is Still Tightening and, you Still Think It’s Austerity, the Former Governor of the Bank of England Will Tell You*

If the Noose is Still Tightening and, you Still Think It’s Austerity, the Former Governor of the Bank of England Will Tell You*

“Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible.

“When, through process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of the government applied by a central power of wealth under leading financiers.

“These truths are well known among our principal men, who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance.

“It is thus, by discrete action, we can secure for ourselves that which has been so well planned and so successfully accomplished.”

Montagu Norman, Governor of The Bank Of England, addressing the United States Bankers’ Association, NYC 1924

NB: This quotation was reprinted in the Idaho Leader, USA, on 26th August 1924.

Governor of the bank of England, Montagu Norman talks to Ramsay Macdonald who has chosen, appropriately, to dress as an undertaker for the occasion

Governor of the bank of England, Montagu Norman/1st Baron Norman on your right talks to Ramsay Macdonald who has chosen, appropriately, to dress as an undertaker for the occasion

The biggest “question of importance” referred to in the most revealing quote above is:

WHO GETS TO CREATE MONEY FOR A NATION? ….. ITS GOVERNMENT, INTEREST FREE, OR PRIVATE BANKING CORPORATIONS, THAT “LEND” THE MONEY TO THOSE GOVERNMENTS WITH INTEREST ATTACHED.

AND BURY US ALL IN TOTALLY UNPAYABLE DEBT.

BANKS HAVE STOLEN OUR GOVERNMENTS.

THEY OWN THEM.

THEY ALSO OWN ALL THE MAINSTREAM MEDIA OUTLETS, THE INTELLIGENCE SERVICES AND THE GLOBAL CORPORATIONS THAT, AS JEFFERSON* WARNED, ARE MERE INSTRUMENTS OF THIS MONSTROUS POWER.

The Montagu Norman quote is a CONFESSION OF TRUTH.

KNOW THIS.

KNOW IT FIRST AND LAST.

BROADCAST THIS TRUTH. EDUCATE YOURSELF AND EVERYONE YOU KNOW ABOUT THE PRIMARY MATERIAL CAUSE OF HUMAN WOES.

*“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…. I believe that banking institutions are more dangerous to our liberties than standing armies…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”

Thomas Jefferson: This quotation is often cited as being in an 1802 letter to Secretary of the Treasury Albert Gallatin, and/or “later published in The Debate Over the Recharter of the Bank Bill (1809).”

Source*

 

Related Topics:

The History of Your Enslavement

Protesting has Gone Flamenco, in Spain at Least*

Beyond anti- Austerity, from Paris with Love*

Politics as Therapy: They want us to be just Sick Enough not to Fight Back*

The Secretive Bank of England — Controlling the World’s Money Supply*

Hitler Was Financed by the Federal Reserve and the Bank of England*

Criminal Syndicate with Links to Terrorism Infiltrated Bank of England*

Bank of England Top-Secret E-mails Forwarded to Journalist on Financial Fallout while MP’s are Kept in the Dark*

London Sees Mass post-Brexit anti-Tory, anti-Austerity, anti-Racism Protest*

Bank Bail-outs Behind U.K.’s Collapsing Public Services*

Debt-ocracy: Enslaving Entire Nations and Peoples*

E.U. Picks Up Speed in the War on Cash*

Ten Reasons Why I Don’t Have a Credit Card*

Six Seconds to Hack a Credit Card*

Biometric Identification Control: What Will You Do?

Being Profiled for Economic Slavery*

Starvation Is an Imperial Resource for Britain*

The Indoctrinated West*

 

Only 3 Countries Left Without a ROTHSCHILD Central Bank!*

Only 3 Countries Left Without a ROTHSCHILD Central Bank!*

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The Rothschild family is slowly but surely having their Central banks established in every country of this world, giving them incredible amount of wealth and power.

In the year of 2000 there were seven countries without a Rothschild owned or controlled Central Bank:

  1. Afghanistan
  2. Iraq
  3. Sudan
  4. Libya
  5. Cuba
  6. North Korea
  7. Iran

It is not a coincidence that these country, which are listed above were and are still being under attack by the western media, since one of the main reasons these countries have been under attack in the first place is because they do not have a Rothschild owned Central Bank yet.

The first step in having a Central Bank establish in a country is to get them to accept an outrageous loans, which puts the country in debt of the Central Bank and under the control of the Rothschilds.

If the country does not accept the loan, the leader of this particular country will be assassinated and a Rothschild aligned leader will be put into the position, and if the assassination does not work, the country will be invaded and have a Central Bank established with force all under the name of terrorism.

rothschild bank

Rothschild-owned or controlled Central Banks

Central banks are illegally created private banks that are owned by the Rothschild banking family.

The family has been around for more than 230 years and has slithered its way into each country on this planet, threatened every world leader and their governments and cabinets with physical and economic death and destruction, and then emplaced their own people in these central banks to control and manage each country’s pocketbook.

Worse, the Rothschilds also control the machinations of each government at the macro level, not concerning themselves with the daily vicissitudes of our individual personal lives. Except when we get too far out of line.

The only countries left in 2003 without a Central Bank owned or controlled by the Rothschild Family were:

  1. Sudan
  2. Libya
  3. Cuba
  4. North Korea
  5. Iran

The Attacks of September 11th were an inside job to invade Afghanistan and Iraq to then establish a Central Bank in those countries.

Case Closed: JFK Killed After Shutting Down Rothschild’s Federal Reserve

The only countries left in 2011 without a Central Bank owned or controlled by the Rothschild Family are:

  1. Cuba
  2. North Korea
  3. Iran

After the instigated protests and riots in the Arab countries the Rothschild finally paved their way into establishing Central Banks, and getting rid of many leaders, which put them into more power.

Source*

Related Topics:

Rothschild’s Summit Fine-tuning Capitalism into Global Economic Tyranny*

There Were 88 Media Companies… Now There Are 6 which get their News from Rothschild*

Bolivia with Newfound Economic Independence Rejects Rothschild Banks*

Rothschild Family Wealth Is Five Times That of World’s Top Billionaires Combined*

Top Rothschild Bankster Pushes Corrupt Communist to Lead U.N.*

Rothschild Bank Now Under Criminal Investigation*

Hungary Becomes First European Country to Ban Rothschild Banks*

Once a Rothschild, always a Rothschild Bankster Replaces Hollande’s Economic Minister*

Anonymous Takes 9 Rothschild Central Banks Offline*

Rothschilds, The Crown & Nugan Hand Bank

Hoarding Gold: Deutsche Bank Takes up Rothschild’s Offer*

German Police Officers Take Off Helmets & Marched With German Citizens Against Rothschild European Central Bank!

Iceland Continues To Grow Using ‘Startups’ By Replacing ‘Banks’: Iceland Refused To Bailout Rothschild’s Corrupt Banking Cabal.

President Putin has Banned Rothschild Family from entering Russian territory “under any circumstances”*

Rothschild Crime Syndicate in Israel *

In Spain a Restaurant that Charges the Rich and Feeds the Homeless for Free*

In Spain a Restaurant that Charges the Rich and Feeds the Homeless for Free*

A homeless woman in Spain sits with her belongings by the curb. | Photo: Reuters

A homeless woman in Spain sits with her belongings by the curb. | Photo: Reuters

According to estimates, there are about 40,000 homeless people in Spain, but official figures put it at 23,000. Another 1.5 million families live in shelter.

A Spanish restaurant is turning the tables on poverty by charging its breakfast and lunch customers extra in order to feed homeless patrons at dinner for free.

Appropriately titled The Robin Hood Restaurant, after the fabled medieval outlaw who stole from the rich to give to the poor, the establishment is run by a priest who says he simply wants to give people the chance to “eat with…dignity.”

homeless people eating a free dinner at the Robin Hood restaurant ...

homeless people eating a free dinner at the Robin Hood restaurant …

I want (homeless people) to eat with the same dignity as any other customer,” Father Angel Garcia Rodriguez, 80, told NPR.

“And the same quality, with glasses made of crystal, not plastic, and in an atmosphere of friendship and conversation.”

 Volunteers serve free dinner to homeless people at Robin Hood restaurant in Madrid. Pablo Blazquez Dominguez/Getty Images

Volunteers serve free dinner to homeless people at Robin Hood restaurant in Madrid. Pablo Blazquez Dominguez/Getty Images

The restaurant, which opened in December 2016, is in Madrid, and is reportedly a hit not only with its customers but with the hoards of celebrity-chefs and other personalities who frequent it. According to the broadcaster, it has managed to “poach staff from luxury hotels,” and celebrity chefs line up to cook weekly.

Its dinner menu features items like mushroom consommé, roast turkey and potatoes, and pudding.

Over 100 people in need attend the restaurant nightly, NPR reported, and they are looked after in two shifts. For paying customers, lunch is booked through the end March.

 A dinner patron chats with Father Angel (right), who says that he wants homeless people to

A dinner patron chats with Father Angel (right), who says that he wants homeless people to “eat with the same dignity as any other customer.” Pablo Blazquez Dominguez/Getty Images

Padre Angel, as he is more commonly known, has also converted a nearby abandoned church into a community centRE where patrons can hang out, watch television or even sleep.

According to The Homesless Worldcup, a social organization that uses soccer to reach out and help homeless people around the world, estimates there are about 40,000 homeless people in Spain, though official figures put it at 23,000. Another 1.5 million families live in shelter, the organization estimates.

A different restaurant in the U.S., in south Los Angeles, does something similar by charging its patrons what they can afford or up to $4.50, Business Insider reported.

Source*

Related Topics:

Immigrant Designer Goes From Homeless to Wealthy, Then Sells Everything to Help Others*

San Francisco Judges Dismiss 66,000 Arrest Warrants against the Homeless*

So ‘no one eats alone’ Muslim-owned Restaurant Offering Elderly and Homeless Free Meals on Christmas Day*

A Former Street Child in Mumbai Builds a Cafe-Cum-Library for Homeless Youth*

Homeless Are Being Abducted and Put into FEMA Camps*

 

E.U. Picks Up Speed in the War on Cash*

E.U. Picks Up Speed in the War on Cash*

 

The central authorities in Europe just launched their most important offensive to date in their multiyear War on Cash. The new move comes directly from the European Union’s executive branch, the European Commission, which just announced its intention to “explore the relevance of potential upper limits to cash payments,” with a view to implementing cross-regional measures in 2018.

Maximum limits on cash transactions already exist in most European countries, and the general trend is downward. Last year, Spain joined France in placing a €1,000 maximum on cash payments. Greece went one better, dropping its cap for cash transactions from €1,500 to €500. In simple terms, any legal purchase of a good or service over €500 will need to be done with plastic or mobile money.

In some countries, the maximum cash limit is significantly higher. For example, in Europe’s biggest economy, Germany, recent attempts by the government to set a threshold of €5,000 triggered a fierce public backlash. The German tabloid Bild published a scathing open letter titled “Hands Off Our Cash,” while a broad spectrum of political parties condemned the proposed measures as an attack on data protection and privacy.

“Cash allows us to remain anonymous during day-to-day transactions. In a constitutional democracy, that is a freedom that has to be defended,” tweeted the Green MP Konstantin von Notz. Even Bunderbank President Jens Weidmann criticized the government’s proposals, telling Bild (emphasis added):

“It would be fatal if citizens got the impression that cash is being gradually taken away from them.”

Germany’s neighbor to the south, Austria, has similar reservations about the E.U.’s plans to suppress cash. The Deputy Economy Minister Harald Mahrer said that Austrians should have the constitutional right to protect their privacy.

“We don’t want someone to be able to track digitally what we buy, eat and drink, what books we read and what movies we watch,” Mahrer said on Austrian public radio station Oe1.

“We will fight everywhere against rules” including caps on cash purchases, he said.

In other words, any attempt by the European Commission to set a mandatory continent-wide limit is likely to be met with fierce resistance — at least from some countries. Others are already so far down the path toward a cashless society that they’ll barely notice the difference.

Source*

Related Topics:

Greece Bans Cash*

E.U. Desperate to Raises Taxes Starts Cashless Society Project November 2017*

Financing the New World Order*

India: Millions Rise Up Against New World Order Ban on Cash*

The Global ‘War on Cash’: A Country by Country Guide*

Bank of Ireland Bans “Small” Cash Withdrawals*

Ban Cash to Help Central Banks stinks of Total Control – NWO’s Cashless Society*

The “War on Cash” Migrates to Switzerland*

Cash Banned in Louisianna*

NWO: France Clamping Down on Cash in the Name of Terror*

You Pay more while Banks Profiteer in a Cashless Society…that’s the Convenience*

Cashless Society: Use Credit Cards at Your Peril*

Six Seconds to Hack a Credit Card*