Chile Forum

Now this didn't take too long now did it?

Here's a link to the Washington Post:
http://www.washingtonpost.com/wp-dyn/co ... 03941.html

Financial institutions are now required to report to the Treasury Department transactions in excess of $10,000 and others they deem suspicious. The new rule would require banks to disclose even the smallest transfers.

Hmm......the noose gets a bit tighter.

"By establishing a centralized database, this regulatory plan will greatly assist law enforcement in detecting and ferreting out transnational organized crime, multinational drug cartels, terrorist financing and international tax evasion," said James H. Freis Jr., director of Treasury's Financial Crimes Enforcement Network (FinCEN).

Exactly, we have to hurry and give up our rights so that the government can protect us from the big bad boogie man.

Just a question, what happens when the government is the boogie man?

Ripsigg wrote: Just a question, what happens when the government is the boogie man?

Why, when governments lose legitimacy their subjects should invoke the Change Box Procedures of course, which in ascending order of utility and effectiveness goes something like this: the ballot box, the jury box, and the cartridge box.

Me thinks this is just formalizing what already happens unofficially. Under the "suspicious" rule, US banks have been reporting many transfers 10 and under just to cover their ass. Fingers crossed that by 2012 the Empire and the banks will either not have the money to pay for all of this Big Brother monitoring and data collecting or that the currency will be so hyper-inflated to make such control measures worthless (literally).

Again, I recommend researching the 2001-2002 Argentina collapse and the official theft and currency controls put into place just to get an inking of what may be coming to the Empire.

Is that a black swan I see?

eeuunikkeiexpat wrote:....

Again, I recommend researching the 2001-2002 Argentina collapse and the official theft and currency controls put into place just to get an inking of what may be coming to the Empire.

....

Yes indeed. Forumites, I can highly recommend reading this guys blog and or buying his book, wherever you are located. People are people and this is what happens. Survivalist retreat, rugged individualist Rambo types, be prepared to have your assumptions challenged.

http://ferfal.blogspot.com/

http://www.lulu.com/product/paperback/the-modern-survival-manual-surviving-the-economic-collapse/5289583

Ripsigg wrote:
Exactly, we have to hurry and give up our rights so that the government can protect us from the big bad boogie man.

Just a question, what happens when the government is the boogie man?

(with apologies to Friedrich Gustav Emil Martin Niemöller )

They came first for the meth addicts,
and I didn't speak up because I wasn't a meth user.

Then they came for the pedophiles,
and I didn't speak up because I wasn't a Catholic priest

Then they came for the folks with no health insurance,
and I didn't speak up because I had insurance.

Then they came for me
and by that time I had abandoned the whole fooking country long ago.