by Bobby Casey, Managing Director
The news stories from the past couple of days have been interesting to say the least.
Just yesterday, the US Ambassador to Libya, Christopher Stevens, was murdered, and even possibly sodomized, by the very people he was there to serve.
According to Hillary Clinton, “He risked his own life to lend the Libyan people a helping hand to build the foundation for a new, free nation. He spent every day since helping to finish the work that he started. Chris was committed to advancing America’s values and interests, even when that meant putting himself in danger.”
Sounds like those were taxpayer dollars well spent. At what point will Americans realize that, as a nation, meddling in other country’s affairs is no different than telling your neighbor his wife is cheating on him? It just can’t end well.
Of course the US, as usual, responds with military force by moving 2 Destroyers, the USS Laboon and the USS McFaul, off the coast of Libya in an effort to track the assailants.
Just as a reminder for those of you still living in the slave state known as the USA, your tax dollars are being used to fund hundreds of military bases worldwide that consumes approximately 25% of the US federal budget. Now don’t you feel safer?
Name one other country that feels the need to colonize the world with military force. The arrogance of the American government is astounding, but to be honest, the massive growth of military force doesn’t come as a surprise.
It’s like a giant game of Monopoly being played out globally over decades. First, the US manipulates and leverages its way into becoming the reserve currency of the world in the early part of the 20th century, then uses the power of the printing press to paper over WWI and WWII debts and pay to rebuild much of the world.
During the rebuilding process, military bases were built in over 100 countries as a way to defend the “American Way” which effectively allowed the US to colonize the world economically and militarily.
Then in 1971, President Nixon ended the convertibility of the dollar to gold, thus kick starting the era of derivatives. Keep in mind, financial derivatives were almost non-existent prior to 1971, since all world currencies had a fixed exchange rate with the US dollar and the US dollar was easily converted into gold.
When that ended in 1971, companies and governments worldwide were forced to hedge their currency risk using newly created derivative products. And hence the age of derivatives culminated in the crash of 2008. It’s almost like it was planned 100 years ago…
In other seemingly unrelated news, the former UBS banker, Bradley Birkenfeld, was recently released from prison after serving 2.5 years for conspiring with a wealthy American developer to evade US income taxes.
But don’t worry folks, all is not lost. Bradley will be just fine with his $104M whistle-blower award for revealing the secrets of the Swiss banking system. As an informant, he shared the tax schemes with US authorities that encouraged US citizens to dodge taxes – and he is being rewarded quite handsomely for his efforts.
Bradley’s award is the largest ever paid since the tax-dodging whistle-blower program emerged in 2006 in an effort to recover more than $100B per year in uncollected slave payments. The $104M payment amounts to $4,600 for every hour he spent in prison.
The truly frightening part is that this huge windfall will create a surge in whistle-blowers at banks around the world. This is nothing more than a desperate cry from a drowning nation. The signs are clear – the country is broke and is willing to do whatever it takes to fund its statist agendas no matter the destructive outcome.
If you cannot see the writing on the wall, I don’t know what else can be done to save you. The signs are clear:
- The US is completely broke
- The government will continue to monetize debt and print money until all the trees are gone
- Taxes are going to increase
- Regulation will increase making it harder and harder on small businesses
- Currency controls will escalate
- Travel restrictions will escalate
- Destruction of privacy will increase
Take action. Do something. Protect yourself. The time is now to act. Are you going to wait until the police come through your door with a battering ram?
I am packing my bags this afternoon and flying out to Panama City, Panama tomorrow for the weekend. Next week, I will be in Bocas del Toro, Panama for our offshore summit – Global Escape Hatch.
While there, I will be spending time with over 100 of you where we will be learning from each other about how to survive and thrive in this tumultuous world. I look forward to meeting those of you that have registered.
Until next time, live well.
3 Responses
They’ve made Keynesians of us all and now we need spend more, risk more and consume more of everything all the time just to stay exactly status quo. Since that fateful day in 1971, more than half of the world acquired a rapacious appetite and if a country is not inflating at the expense of its peers, then it is feeding them with their resources.
It is regrettable the murder of Christopher Stevens may be even more tragic than it is already. It is absolutely not beyond-the-pale that this good man was either allowed to be a target or worse, used as an instrument for enhanced reach into the region.
More over, you can’t assume that the bad guys are all ‘those people’ when there is good reason to equate the increased military presence with predictable instability in the region, with keen interest in petroleum distribution (and preventing it from fueling former alies) and with keeping sea ports open and working to maintain global advantage.
No one knows yet why he was so far from the embassy in Tripoli or what business he had in 600 miles away in Benghazi. Logic suggests that you don’t make consular offices as frequent as bus stops. (State Department listings confirm no offices there). So, though I loath the idea of conspiracy theories, the facts are that statism does not happen by accident and every adventure to benefit the expansion of the empire occurs at the expense of its own people (and those who have the resources) to the benefit of a very select few. Stevens paid the ultimate price for international state building policies.
The line between capitalism and socialism has never been so terribly mixed together and it is not getting better anytime soon. So as long as there are governments that require your money to fund their policies, be sure you are paying for policies you want. Otherwise… get a grip on your assets and stop feeding the problem.
I think it is amazing to read a story such as this one. Bobby Casey you protect weath…well who do you think owns those military contracts….let me guess a “corporation”. So you sleep well at night my fellow human being. In your free time which I am sure you have a lot maybe you can educate yourself and learn a little bit about the world around you and the “protection of wealth” at the highest level…you dabble in a world you know nothing about….
Ahhhh, to be so naive again…