FBI & IRS Rifling Through Your Virtual Communications?
April 12, 2013 By: Kelly Diamond, Editor What is “reasonable” for government agents, usually is quite UNreasonable to the private citizen, especially when it comes to privacy of our virtual communications! I keep hearing the word “reasonable” from government agencies! In the words of the great Inigo Montoya (h/t “The Princess Bride”), “You keep saying […]
Bank & Government Betray Trust, Begets Disincentive to Save
April 10, 2013 By: Kelly Diamond, Editor Private account holders should seek safe havens that will actually keep their information and assets PRIVATE and SAFE! Members of the EU are discussing information disclosures, Israel recently betrayed the trust of its offshore American account holders and Obama is looking to cap what individuals can save. Off-shore […]
DHS Goes for Your Safe Deposit Box?
April 8, 2013 By: Kelly Diamond, Editor The Cypriot Deal turned a lot of heads and woke quite a few folks up to governments’ propensity to just TAKE private assets under some alarmist guise, and hopefully now, Americans will take more seriously the intentions of our own DHS and their moves toward confiscating our assets. […]
Cyprus is the Template for How to Fail
April 5, 2013 By: Kelly Diamond, Editor In the wake of the Cypriot Bank “bail-in”, Troika officials allude to the fact that Cyprus is a template or model for future Eurozone countries. Despite the hasty assurances from politicians, not only is Cyprus more exemplary than exceptional, plenty of other western countries already have similar directives […]
The Spiral of Japanese Bonds
April 4, 2013 By: Tres Knippa, Member, Chicago Mercantile Exchange Good afternoon from the floor of the CME in Chicago. As the world focuses on the boy fool in South Korea, I have my work cut out for me trying to digest all the news coming out of the Bank of Japan. Today is the […]
Is Obama the Next Shoe to Drop on the EU?
April 3, 2013 By: Kelly Diamond, Editor While the EU struggles to manage the crumbling economies within its union, some clamor for an Obama intervention as their only hope for recovery and peace. With even a fleeting glance at Obama’s fiscal, regulatory and foreign policies, his name should not pop up in the top thousand […]
Casualties of Plunder: Condemning an Ethic into Exile
April 1, 2013 By: Bobby Casey The deal struck for Cypriot Banks targeted “evil money launderers and tax evaders” as well as wealthy oligarchs, but really plunders the hardworking saver and entrepreneurs. While emotions run high, and the victims of this absurd plunder are myriad, there is a culpable group responsible for this mess, and […]
Australian Money-Grab for Assets in Inactive Accounts
March 27, 2013 By: Kelly Diamond, Editor Without any known or present problem with the existing rule, the Australian legislature rushed a law into effect taking the inactive period from seven years to three before they seize the assets. This sudden change came as a surprise even to Australian banks, who find the arbitrary nature […]
Bailout by Any Other Name: EU & Cyprus Change Deal
March 26, 2013 By: Kelly Diamond, Editor The response from Cypriot account holders to the initial bailout proposal to levy a “tax” of 6.7% to 9.9% across the board sent the EU and Cyprus government back to the drawing board for a different deal. The second largest Cypriot bank (Laiki) will close, the first largest […]
War on Virtual Currency: BitCoin VS US Dept. of Treasury
March 25, 2013 By: Kelly Diamond, Editor It’s no coincidence that as European Banks continue to falter and require subsequent bailouts, European citizens lose faith in government currency and seek out an alternative which is safeguarded from politics and manipulation such as BitCoin (a virtual currency). The resulting and rather abrupt rally in BitCoin value […]
