Economic Totalitarianism

[wiked1]

Oldie but goodie

https://cointelegraph.com/news/us-presidential-order-allows-the-state-to-confiscate-crypto-holdings-without-prior-notice

2015-04-02 08:32 AM

An executive order signed by President Barack Obama has enabled US authorities to become the first to confiscate cryptocurrency holdings without warning.

Hmmm, wasnt that around the time cryptsy lost everything.

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[wiked1]

http://www.cnbc.com/2016/08/15/uncle-sam-goes-for-gold-too-up-to-9900-per-olympic-gold-meda.html

Arent olympic athletes supposed to be amateur?How dafuq can they justify scamming money out of a gold medal winner who "did it for uncle sam"..Looks like its more profitable to be an olympic loser these days getting paid for autographs instead.

[CoinCube]

http://www.cnbc.com/2016/08/15/uncle-sam-goes-for-gold-too-up-to-9900-per-olympic-gold-meda.html

Compare that to

http://www.marketwatch.com/story/olympic-gold-medals-come-with-big-cash----if-youre-from-one-of-these-countries-2016-08-10

When swimmer Joseph Schooling edged out Michael Phelps and a tight field in the 100-meter butterfly event on Friday night, he became the first athlete from Singapore to win a gold medal -- and he will be the first to earn the country’s $753,000 gold-medal bonus. That’s nearly 30 times more money than Michael Phelps or any other U.S. athlete would take home for winning gold.

Now Singapore does have an income tax which I assume this will be subject to but it tops out at 20%

[trollercoaster]

The collapse of the rule of law goes hand in hand with economic totalitarianism:

http://m.welt.de/vermischtes/article157786035/Spektakulaere-Wende-im-Fall-des-17-jaehrigen-Niklas.html

In this case a German boy was curb stomped by a gang of "tanned germans" and later died in hospital from his brain injuries.

Judge ordered an autopsy (which dragged on for three months) his brain is sliced and diced, the findings?

He died from a pre existing ruptured artery and the curb stomping had nothing to do with it.

[hellflame]

The collapse of the rule of law goes hand in hand with economic totalitarianism:

http://m.welt.de/vermischtes/article157786035/Spektakulaere-Wende-im-Fall-des-17-jaehrigen-Niklas.html

In this case a German boy was curb stomped by a gang of migrants and later died in hospital from his brain injuries.

Judge ordered an autopsy (which dragged on for three months) his brain is sliced and diced, the findings?

He died from a pre existing ruptured artery and the curb stomping had nothing to do with it.

Todays form of "Piso’s justice" is more concerned about protocol than justice for the victims of crime.This lack of justice for the victim and their family causes negative trust and anger.Of course it is important to ensure the accused is guilty on the points charged but if the accused were proven to have stomped on the victim it certainly looks likely that it was the actual cause of death due to the trauma caused but it would look like they are more interested in being factual to the point of farcical here.Violent crime is increasing due to a lack of compassion in people with the rise of detachment from reality through its glorification on TV,Virtual reality games,extremist cultural beliefs that lack tolerance or any level of wisdom however there are still some good people among the weeds who should speak out against such things instead of cowering to intimidation or fear of reprisal.There is much evil in the world today that is simply forgotten because of selective truth that suit whatever narrative is being propogated.

I offer my condolonces to the family of the victim of this brutal crime and pray that wisdom through some form of grief,suffering and sadness visits the perpetrators some day in a way that educates them and changes their hearts and minds forever and turns them away from such violence towards the righteous path.

[CoinCube]

Our Society Is Sick, Our Economy Exploitive, & Our Politics Corrupt

Any society that tolerates this systemic exploitation and corruption as "business as usual" is not just sick--it's hopeless.

In noting that our society is sick, our economy exploitive and our politics corrupt, I'm not saying anything you didn't already know. Everyone who isn't being paid to deny the obvious in public (while fuming helplessly about the phony cheerleading in private) knows that our society is a layer-cake of pathologies, our economy little more than institutionalized racketeering and our politics a corrupt auction-house of pay-for-play, influence-peddling, money-grubbing and brazen pandering for votes.

The fantasy promoted by do-gooders and PR hacks alike is that this corrupt system can be reformed with a few minor policy tweaks. If you want a brief but thorough explanation of Why Our Status Quo Failed and Is Beyond Reform, please take a look at my book (link above).

If you want an example of how the status quo has failed and is beyond reform, it's instructive to examine the pharmaceutical industry, which includes biotech corporations, specialty pharmaceutical firms and the global corporate giants known as Big Pharma.

http://www.zerohedge.com/news/2016-08-22/our-society-sick-our-economy-exploitive-our-politics-corrupt

[trollercoaster]

Political correctness comes to the bedroom: 

http://reelligestilling.dk/dansk-kvindesamfund-sig-skal-jeg-stoppe-under-akten/

New proposals from the Danish womens society, seek to punish men who don't continually ask if his partner is consenting during the "deed" to be punished as rapists under the law.

[CoinCube]

CNN Cancels Dr. Drew's Show One Week After He Voiced "Grave Concern" For Hillary's Health

http://www.zerohedge.com/news/2016-08-25/cnn-cancels-dr-drews-show-one-week-after-he-voiced-grave-concern-hillarys-health?page=1

Don't deviate from the party line. In the words of one zerohedge commenter

I guess everyone opposing Hillary publicly has every reason to fear.

Incidentally, I love Hillary and think she would make the best president... (nervous grin).

[minor-transgression]

Milosevic finally exonerated.

https://consortiumnews.com/2016/08/24/the-bogus-humanitarian-war-on-serbia/
"It was blatantly ideological; at a notorious "peace conference" in Rambouillet in France, Milosevic was confronted by Madeleine Albright, the U.S. Secretary of State, who was to achieve infamy with her remark that the deaths of half a million Iraqi children were "worth it." Albright delivered an "offer" to Milosevic that no national leader could accept. Unless he agreed to the foreign military occupation of his country, with the occupying forces "outside the legal process," and to the imposition of a neo-liberal "free market," Serbia would be bombed. This was contained in an "Appendix B," which the media failed to read or suppressed. The aim was to crush Europe's last independent "socialist" state."
"The final count of the dead in Kosovo was 2,788. This included combatants on both sides and Serbs and Roma murdered by the pro-NATO Kosovo Liberation Front. There was no genocide. The NATO attack was both a fraud and a war crime."
"At the height of the bombing, the BBC's Kirsty Wark interviewed General Wesley Clark, the NATO commander. The Serbian city of Nis had just been sprayed with American cluster bombs, killing women, old people and children in an open market and a hospital. Wark asked not a single question about this, or about any other civilian deaths."
"Milosevic died of a heart attack in 2006, alone in his cell in The Hague, during what amounted to a bogus trial by an American-invented "international tribunal." Denied heart surgery that might have saved his life, his condition worsened and was monitored and kept secret by U.S. officials, as WikiLeaks has since revealed."
"The exoneration of a man accused of the worst of crimes, genocide, made no headlines. Neither the BBC nor CNN covered it. The Guardian allowed a brief commentary. Such a rare official admission was buried or suppressed, understandably. It would explain too much about how the rulers of the world rule."

Just to seek a second opinion:
http://www-personal.umich.edu/~lormand/agenda/9905/16.pdf
"The Rambouillet Accord : A Declaration of War Disguised as a Peace Agreement"
"A 28,000 strong NATO occupation army, known as KFOR, would be authorised to "use necessary force to ensure compliance with the Accords".
"Kosovo has vast mineral resources, including he richest mines for lead, molybendum, mercury and other metals, in all of Europe."

With this kind of ruthlessness, when they are hunting for cash under your sofa, or down the back of your cushions,
even the cash in your child's piggy-bank will be a target.   

[trollercoaster]

Fucking psychotic old bag: http://www.ibtimes.co.uk/clinton-us-should-use-military-response-fight-cyberattacks-russia-china-1579187#

[iamnotback]

This article confirms my viewpoint that all digital currencies will follow the Ted Kaczynski model of technology always being a detriment to human liberty and freedom:

http://www.bloomberg.com/view/articles/2016-09-01/on-digital-currencies-central-banks-should-lead

They're spelling it out now in non-ambiguous terms that digital currency is just going to be gateway for things like a ban on cash, increased Keynesianism, NIRP, more taxation, etc.  In other words, no matter how it starts out, and might be beneficial in the near term, in the end game you will always be receiving a net loss.  Even with things like Monero, they will just force you to use a fixed address alias system for transactions to bypass the Monero mixer, otherwise you'll be considered a money launderer.  There is really no such thing as "fungible" digital currency as long as governments exist.

Disagree.

That article exemplifies to me how little the PBOC understands about this phenomenon. It shows they are far behind and are likely to get their butts kicked by crypto-currency and blockchains.

They can't take the lead and control, because it is a global phenomenon and they only control their own nation, and with VPNs, Tor, etc, they don't even control their own nation.

Providing a stable value and control over the money supply are not the point of crypto-currencies and blockchains. They entirely don't understand the phenomenon. I told you all upthread that the store-of-value function is not the killer app.

We are only waiting on the blockchain which onboards the masses with popular activities.

It will be very difficult to ban a popular activity which is deemed by the mainstream to be harmless and advancing technology, and to enforce taxation+KYC on zillions of microtransactions.

Edit: I continue to maintain my belief that Bitcoin was primarily driven by tinfoil hats and thus Bitcoin is not the killer app of blockchains:

https://steemit.com/bitcoin/@michaelmatthews/how-i-got-into-bitcoin

[tabnloz]

Milosevic finally exonerated.

https://consortiumnews.com/2016/08/24/the-bogus-humanitarian-war-on-serbia/
"It was blatantly ideological; at a notorious "peace conference" in Rambouillet in France, Milosevic was confronted by Madeleine Albright, the U.S. Secretary of State, who was to achieve infamy with her remark that the deaths of half a million Iraqi children were "worth it." Albright delivered an "offer" to Milosevic that no national leader could accept. Unless he agreed to the foreign military occupation of his country, with the occupying forces "outside the legal process," and to the imposition of a neo-liberal "free market," Serbia would be bombed. This was contained in an "Appendix B," which the media failed to read or suppressed. The aim was to crush Europe's last independent "socialist" state."
"The final count of the dead in Kosovo was 2,788. This included combatants on both sides and Serbs and Roma murdered by the pro-NATO Kosovo Liberation Front. There was no genocide. The NATO attack was both a fraud and a war crime."
"At the height of the bombing, the BBC's Kirsty Wark interviewed General Wesley Clark, the NATO commander. The Serbian city of Nis had just been sprayed with American cluster bombs, killing women, old people and children in an open market and a hospital. Wark asked not a single question about this, or about any other civilian deaths."
"Milosevic died of a heart attack in 2006, alone in his cell in The Hague, during what amounted to a bogus trial by an American-invented "international tribunal." Denied heart surgery that might have saved his life, his condition worsened and was monitored and kept secret by U.S. officials, as WikiLeaks has since revealed."
"The exoneration of a man accused of the worst of crimes, genocide, made no headlines. Neither the BBC nor CNN covered it. The Guardian allowed a brief commentary. Such a rare official admission was buried or suppressed, understandably. It would explain too much about how the rulers of the world rule."

Just to seek a second opinion:
http://www-personal.umich.edu/~lormand/agenda/9905/16.pdf
"The Rambouillet Accord : A Declaration of War Disguised as a Peace Agreement"
"A 28,000 strong NATO occupation army, known as KFOR, would be authorised to "use necessary force to ensure compliance with the Accords".
"Kosovo has vast mineral resources, including he richest mines for lead, molybendum, mercury and other metals, in all of Europe."

With this kind of ruthlessness, when they are hunting for cash under your sofa, or down the back of your cushions,
even the cash in your child's piggy-bank will be a target.   

Another look at this, with background

http://johnpilger.com/articles/provoking-nuclear-war-by-media

[OROBTC]

This article confirms my viewpoint that all digital currencies will follow the Ted Kaczynski model of technology always being a detriment to human liberty and freedom:

http://www.bloomberg.com/view/articles/2016-09-01/on-digital-currencies-central-banks-should-lead

They're spelling it out now in non-ambiguous terms that digital currency is just going to be gateway for things like a ban on cash, increased Keynesianism, NIRP, more taxation, etc.  In other words, no matter how it starts out, and might be beneficial in the near term, in the end game you will always be receiving a net loss.  Even with things like Monero, they will just force you to use a fixed address alias system for transactions to bypass the Monero mixer, otherwise you'll be considered a money launderer.  There is really no such thing as "fungible" digital currency as long as governments exist.

Disagree.

That article exemplifies to me how little the PBOC understands about this phenomenon. It shows they are far behind and are likely to get their butts kicked by crypto-currency and blockchains.

They can't take the lead and control, because it is a global phenomenon and they only control their own nation, and with VPNs, Tor, etc, they don't even control their own nation.

Providing a stable value and control over the money supply are not the point of crypto-currencies and blockchains. They entirely don't understand the phenomenon. I told you all upthread that the store-of-value function is not the killer app.

We are only waiting on the blockchain which onboards the masses with popular activities.

It will be very difficult to ban a popular activity which is deemed by the mainstream to be harmless and advancing technology, and to enforce taxation+KYC on zillions of microtransactions.

Edit: I continue to maintain my belief that Bitcoin was primarily driven by tinfoil hats and thus Bitcoin is not the killer app of blockchains:

https://steemit.com/bitcoin/@michaelmatthews/how-i-got-into-bitcoin

I too have serious doubts about China.  My best guess is that China will implode at least as much as the USA, say in the next 5 years or so (hey I don't know when).

Millions of small transactions will indeed be hard to trace, even harder to tax.

*   *   *

I too had to learn about Bitcoin myself, as no one I know is into it.  I got some help (and my first "Bitnickle") from a guy at ZH.

It may be that it takes a certain mindset to deal with BTC that totalitarians may not grasp as well.  But, the .govs are always full of tough-minded & power-hungry sorts who delight in oppressing their populations and anyone opposed to them.

[wiked1]

The anti-cash ideas of Rogoff and Buiter "are now the foundation for the new age of Economic Totalitarianism that confronts us," foreign-exchange analyst and blogger Martin Armstrong wrote last year.

[OROBTC]

...

A great article (split into four parts because it is LONG) about the war on cash:

https://www.theautomaticearth.com/2016/09/negative-interest-rates-and-the-war-on-cash-1/

Nicole Foss covers just about all the bases in this one.  There are ways to escape, at least in part, but you have to think and and work at it.

Negative rates (NIRP) has lots and lots of unforeseen side-effects...

[Taskford]

The anti-cash ideas of Rogoff and Buiter "are now the foundation for the new age of Economic Totalitarianism that confronts us," foreign-exchange analyst and blogger Martin Armstrong wrote last year.

There will be less cash usage in the future.  I heard the Sweden will be a cashless society. The Chinese government is developing the digital coins.

[trollercoaster]

*puts on tinfoil hat* Will (((They))) sacrifice the old witch in order to steal the election from Trump and start war with Russia ? : https://www.washingtonpost.com/news/early-lead/wp/2016/09/12/the-man-who-discovered-cte-thinks-hillary-clinton-may-have-been-poisoned/

[vokain]

*puts on tinfoil hat* Will the old witch die and the election be suspended ? : https://www.washingtonpost.com/news/early-lead/wp/2016/09/12/the-man-who-discovered-cte-thinks-hillary-clinton-may-have-been-poisoned/

This election is over.

[OROBTC]

*puts on tinfoil hat* Will the old witch die and the election be suspended ? : https://www.washingtonpost.com/news/early-lead/wp/2016/09/12/the-man-who-discovered-cte-thinks-hillary-clinton-may-have-been-poisoned/

This election is over.

Well, I agree.  Barring a major disruption or event ("Trump consorts with the Mafia!!", etc.), yes, the election is likely over.

The sheer desperation of the Democrats and their MSM sycophants shows they are extremely worried.  Likely they will not capture the Senate either.  Hillary poisoned by Trump & Putin..., please.

[iamnotback]

http://esr.ibiblio.org/?p=7123#more-7123

And then we win:

http://esr.ibiblio.org/?p=7095