Wednesday, November 30, 2016

It turns out that countries with higher denominations of cash actually have much lower crime rates, including rates of organized crime

The research was simple; we looked at the World Economic Forum’s competitive rankings that assesses countries’ levels of organized crime, as well as the direct business costs of dealing with crime and violence.
Switzerland, with its 1,000 Swiss franc note (roughly $1,000 USD) has among the lowest levels of organized crime in the world according to the WEF.
Ditto for Singapore, which has a 1,000 Singapore dollar note (about $700 USD).
Japan’s highest denomination of currency is 10,000 yen, worth $88 today. Yet Japan also has extremely low crime rates.
Same for the United Arab Emirates, whose highest denomination is the 1,000 dirham ($272).
If you examine countries with very low denominations of cash, the opposite holds true: crime rates, and in particular organized crime rates, are extremely high.
Consider Venezuela, Nigeria, Brazil, South Africa, etc. Organized crime is prevalent. Yet each of these has a currency whose maximum denomination is less than $30.
The same trend holds true when looking at corruption and tax evasion.
Yesterday we wrote to you about Georgia, a small country on the Black Sea whose flat tax prompted tax compliance (and tax revenue) to soar.
It’s considered one of the most efficient places to do business with very low levels of corruption.
And yet the highest denomination note in Georgia is the 500 lari bill, worth about $200. That’s a lot of money in a country where the average wage is a few hundred dollars per month.
Compare that to Malaysia or Uzbekistan, two countries where corruption abounds.
Malaysia’s top cash note is 50 ringgit, worth about $11. And Uzbekistan’s 5,000 som is worth a paltry $1.57.
Bottom line, the political and financial establishments want you to willingly get on board with the idea of abolishing, or at least reducing, cash.

Japan’s highest denomination of currency is 10,000 yen, worth $88 today. Yet Japan also has extremely low crime rates.
Same for the United Arab Emirates, whose highest denomination is the 1,000 dirham ($272).
If you examine countries with very low denominations of cash, the opposite holds true: crime rates, and in particular organized crime rates, are extremely high.
Consider Venezuela, Nigeria, Brazil, South Africa, etc. Organized crime is prevalent. Yet each of these has a currency whose maximum denomination is less than $30.
The same trend holds true when looking at corruption and tax evasion.
Yesterday we wrote to you about Georgia, a small country on the Black Sea whose flat tax prompted tax compliance (and tax revenue) to soar.
It’s considered one of the most efficient places to do business with very low levels of corruption.
And yet the highest denomination note in Georgia is the 500 lari bill, worth about $200. That’s a lot of money in a country where the average wage is a few hundred dollars per month.
Compare that to Malaysia or Uzbekistan, two countries where corruption abounds.
Malaysia’s top cash note is 50 ringgit, worth about $11. And Uzbekistan’s 5,000 som is worth a paltry $1.57.
Bottom line, the political and financial establishments want you to willingly get on board with the idea of abolishing, or at least reducing, cash.
And they’re pumping out all sorts of propaganda to do it, trying to get people to equate crime and corruption with high denominations of cash.
Simply put, the data doesn’t support their assertion. It’s just another hoax that will give them more power at the expense of your privacy and freedom.
Do you have a Plan B?

Submitted by Simon Black via SovereignMan.com,
demonitezed currency and a billion souls made destitute...that's what a ban on cash IS REALLY ABOUT


India finally reveals that it lied about demonetizing its bills...it was about banning cash altogether

Reserve Bank has asked us to push the use of digital channels to all our customers and ensure that we bring down use of cash in the economy,” said a banker. This confirms a previous report according to which the demonetization campaign has been a not so subtle attempt to impose digital currency on the entire population. 

The Indian Government is PURPOSELY UNDER-FUNDING ALL BANK BRANCHES WITH ONLY HALF IT'S DAILY CURRENCY NEEDS...BANKS RUN OUT OF CASH IN THE FIRST HOUR AFTER OPENING. ON PURPOSE.

India's demonetization campaign is not going as expected.
Overnight, banks played down expectations of a dramatic improvement in currency availability, raising the prospect of queues lengthening as salaries get paid and people look to withdraw money from their accounts the Economic Times reported
While much of India has become habituated to the sight of people lining up at banks and cash dispensers since the November 8 demonetisation announcement, bank officials said the message from the Reserve Bank of India is that supplies may not get any easier in the near future and that they should push digital transactions.  “We had sought a hearing with RBI as we were not allocated enough cash, but we were told that rationing of cash may continue for some time,” said a banker who was present at one of several meetings with central bank officials.
Reserve Bank has asked us to push the use of digital channels to all our customers and ensure that we bring down use of cash in the economy,” said a banker. This confirms a previous report according to which the demonstization campaign has been a not so subtle attempt to impose digital currency on the entire population.
Bankers have been making several trips to the central bank’s headquarters in Mumbai to get a sense of whether currency availability will improve.  Some automated teller machines haven’t been filled even once since the old Rs 500 and Rs 1,000 notes ceased to be legal tender, they said.  Typically, households pay milkmen, domestic helps, drivers, etc, at the start of the month in cash. The idea is that all these payments should become electronic, using computers or mobiles.
This strategy however, appears to not have been conveyed to the public, and as Bloomberg adds, "bankers are bracing for long hours and angry mobs as pay day approaches in India."
"Already people who are frustrated are locking branches from outside in Uttar Pradesh, Bihar and Tamil Nadu and abusing staff as enough cash is not available," said CH Venkatachalam, general secretary of the All India Bank Employees’ Association. The group has sought police protection at bank branches for the next 10 days, he added.
Joining many others who have slammed Modi's decision, the banker said that "this is the fallout of one of the worst planned and executed government decisions in decades." He estimates that about 20 million people - almost twice the population of Greece - will queue up at bank branches and ATMs over the coming week, when most employers in India pay their staff. In an economy where 98 percent of consumer payments are in cash, banks are functioning with about half the amount of currency they need.
As Bloomberg notes, retaining public support is crucial for Modi before key state elections next year and a national contest in 2019, however it appears he is starting to lose it.
"We are bracing ourselves for payday and fearing the worst," said Parthasarathi Mukherjee, chief executive officer at Chennai-based Laxmi Vilas Bank Ltd. "If we run out of cash we will have to approach the Reserve Bank of India for more. It is tough."
* * *
The ongoing cash shortages follow Modi’s Nov. 8 unexpected decision to ban 500 and 1,000 rupee ($15) notes, a decision that sucked out 86% of currency in circulation and blindsided the nation. Bank officials reported that most top banks in the financial heart of Mumbai are now starting the day with anywhere between 800 million rupees to 1.2 billion rupees of cash, instead of the typical 1.5 billion rupees. 
These currency chests are then shared with several branches, which are rationing supplies. Withdrawals are capped at 10,000 rupees per person instead of the 24,000 rupees limit set by the government, said a manager at a state-run Bank of India branch in the eastern state of Jharkhand.
In a Mumbai suburb, a branch of the nation’s largest lender, State Bank of India, was starting the day with about 600,000 rupees of cash that will run out in about an hour, compared with the 1.5 million they’d typically have, the manager said. in what has clearly become a physical cash run.
Shortage of cash in ATMs continues

* * *
To be sure, many employers are scrambling to adapt to the new cash-lite regime: "with pay day around the corner a lot of small and medium-sized companies are opting for prepaid cards over cash payments," said Naveen Surya, managing director of payments solutions company Itz Cash Card Ltd., who’s also chairman of the representative body Payments Council of India. "More than five million of these cards have been sold in India in the last one week" and sales of 40 million more are expected through December, he said.
Ride-sharing service Ola has partnered with fuel companies to help drivers get e-vouchers to fill up their tanks at Bharat Petroleum Corp. pumps in Bengaluru, the company said in a statement. Paytm, India’s largest digital wallet startup, has noticed a doubling in online recharges including a trend where individuals top up multiple mobile phones to help friends and family, the company said in its statement. Additionally, as Goldman notes, Paytm has experienced a 500% surge in daily user
growth since the currency reform, according to The Indian Express.
Searches on 'Paytm' and 'ATM queues' still elevated

The government, too, is urging electronic payments. Card payment facilities were introduced in parliament’s dining hall on Wednesday, the Press Trust of India reported, citing Parliament’s Food Committee Chairman A P Jithender Reddy.
While large companies such as Hindustan Petroleum Corp. make 99 percent of their pay outs electronically, it still needs to work out a system with smaller sub-contractors, said finance director J. Ramaswamy. Indian Oil Corp. is opening State Bank of India accounts for all laborers at its Paradip refinery, Dharmendra Pradhan, India’s oil minister, said on Nov. 29 in New Delhi.
"I will request all our companies to encourage bank transfers for all such payments," Pradhan said.
Alas, as we warned previously, for a nation that remains vastly cash-based - and where 98% of consumer payments are in cash - any transition from physical to digital money will take far, far longer than the timeframe Modi has allotted himself for the demonetization transformation and, as we reported previously, it is only a matter of time before India's economy becomes crippled by money shortages to the point where not only India's economic output but the government itself will be in jeopardy.
One thing appears clear: foreign investors have decided not to wait and see how this experiment ends.
Foreign investors continue to be net sellers of Indian assets post currency reform

* * *
To get a sense of India's now-three week long cash-run reality, courtesy of one of our contacts on the ground in India, here are photos of lines in front on Indian ATMs and banks taken this morning between 10 and 10:30 am.



http://www.zerohedge.com/news/2016-11-30/angry-mobs-lock-indian-bankers-cash-chaos-escalates-we-are-fearing-worst

#PIZZAGATE, NEWS BLACKOUT EDITION

Hillary and the recount scam to steal the whitehouse

child molester and lesbian witch




# PIZZAGATE the RABBIT HOLE (mirror Stirling)

Tuesday, November 29, 2016

Everytime I post an article or video on #PIZZAGATE, my computer starts turning off and only on #PIZZAGATE

They are scared and are pulling out all the stops to block this meme from going full blown mainstream.

They would only do this IF ELITE PEDOPHILE RINGS WERE TRUE

Breitbart was quite correct and he died for it.

So, when you hear me ranting about the SATANIC NETWORK, it's the TRUTH. Like this pizzagate nightmare.

Ye be warned...there be devils among us...


DB

The pedophile ring wants their PROTECTION money back...


Trump Reaches Deal To Keep 1,000 Carrier Jobs In The U.S. that were leaving under Obummer

Nine months ago the video of a plant-full of American workers getting the news that they were 'fired' due to Carrier International moving its air-conditioning plant from Indiana to Mexico went viral and became a meme for Trump's "America First" plans. Today, according to CNBC's David Faber, the Trump team and United Technologies have reached an agreement on keeping close to 1,000 factory jobs at the Carrier plant in Indiana.
As a reminder, this is what happened in February when United Technologies decided to reinforce both of these trends all at once, when the company announced it would be eliminating 1,400 jobs at a Carrier plant in Indianapolis in favor of hiring some new "foreign-born" employees - only these "foreign-born" workers will be hired in Mexico.
"Two Indiana plants that make products for the heating, ventilating and air conditioning industry are shifting their manufacturing operations to Mexico, which will cost about 2,100 workers their jobs," The Indianapolis Star reports.

"Carrier is shuttering its manufacturing facility on Indianapolis' west side, eliminating about 1,400 jobs during the next three years [and] United Technologies Electronic Controls said that it will move its Huntington manufacturing operations to a new plant in Mexico, costing the northeastern Indiana city 700 jobs by 2018."
Watch below as 1,000 soon-to-be Donald Trump voters react to the announcement:
Trump frequently railed against the move and pledged to force Carrier to keep its jobs in the U.S. while on the campaign trail.
"Here's what's going to happen," Trump told a crowd in Indianapolis in April. "I'll get a call from the head of Carrier and he'll say, 'Mr. President, we've decided to stay in the United States. That's what's going to happen -- 100 percent."
And now, as CNBC's David Faber reports, Trump appears to have been right.

 http://www.zerohedge.com/news/2016-11-29/trump-utx-agree-deal-save-1000-jobs-indiana-carrier-plant

ICYMI: Black person scars five white kids with acid like spray -- in E...

Pizzagate - Was Andrew Breitbart Murdered for Exposing Podesta SEX SLAVES?

#PIZZAGATE, PODESTA EDITION

#PIZZAGATE, VIRGINIA EDITION (sgtreport.com & thephaser.com)

ISIS Claims Responsibility For Ohio State Attacker

http://www.zerohedge.com/news/2016-11-29/isis-claims-responsibility-ohio-state-attacker

#PIZZAGATE, OREGON EDITION?

#PIZZAGATE, SAN FRANCISCO EDITION (mirror LiamXmail)

#Pizzagate, Pics From James Alefantis (mirror Bad Guacamole)

COMET PIZZA, EXPOSED AGAIN (mirror Hacking the Headlines)

BREAKING - #PizzaGate: 100's of CHILDREN MISSING IN VIRGINIA

Aleppo's War Battlefield: Syrian Army advances as jihadists mass retreat...

Monday, November 28, 2016

Obama and the satanic network invoke HR 5732 Section 303 was PASSED TODAY BY BOTH HOUSES AN ACT OF WAR WITH RUSSIA AND SYRIA

https://www.congress.gov/bill/114th-congress/house-bill/5732/text
This is H.R. 5732 concerning Syria. Most importantly Sec 303 which states:
"SEC. 303. ASSESSMENT OF POTENTIAL EFFECTIVENESS OF AND REQUIREMENTS FOR THE ESTABLISHMENT OF SAFE ZONES OR A NO-FLY ZONE IN SYRIA.
(a) In General.—Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committee a report that—
(1) assesses the potential effectiveness, risks, and operational requirements of the establishment and maintenance of a no-fly zone over part or all of Syria, including—
(A) the operational and legal requirements for United States and coalition air power to establish a no-fly zone in Syria;
(B) the impact a no-fly zone in Syria would have on humanitarian and counter-terrorism efforts in Syria and the surrounding region; and
(C) the potential for force contributions from other countries to establish a no-fly zone in Syria; and
(2) assesses the potential effectiveness, risks, and operational requirements for the establishment of one or more safe zones in Syria for internally displaced persons or for the facilitation of humanitarian assistance, including—
(A) the operational and legal requirements for United States and coalition forces to establish one or more safe zones in Syria;
(B) the impact one or more safe zones in Syria would have on humanitarian and counter-terrorism efforts in Syria and the surrounding region; and
(C) the potential for contributions from other countries and vetted non-state actor partners to establish and maintain one or more safe zones in Syria.
(b) Form.—The report required by subsection (a) shall be submitted in unclassified form, but may contain a classified annex if necessary.
(c) Definition.—In this section, the term “appropriate congressional committees” means—
(1) the Committee on Foreign Affairs and the Committee on Armed Services of the House of Representatives; and
(2) the Committee on Foreign Relations and the Committee on Armed Services of the Senate."
This legislation appears to have a proposal for a No Fly Zone in Syria, as well as other sanctions, buried with-in. This was introduced by Eliot L. Engel from New York on 7/12/2016 and looks as if it was passed by the House on 11/16/2016 then refereed to the Council of Foreign Relations by the Senate.
The date this passed the House votes seems like it was done while most were distracted by all the winning combined with the further distraction of the upcoming Holiday season as an attempt to sneak this by the general public.
Would some of you be able to confirm that I'm reading this correctly ?
Also What are our options to have this bill stopped in it's tracks?
This bill seems like an attempt to subvert the Don's desired course of action in Syria before he takes office.
Adding the link below provided by Journey345
Here is a list of the sponsors and cosponsors.
https://www.congress.gov/bill/114th-congress/house-bill/5732/cosponsors

What with the recount failing, now the satanic network is going after the 25th amendment to block Trump presidency

It's still 2 MONTHS until his inauguration...and they won't stop until he is either blocked or assassinated.

Pray, Fast, Bind the Demonic Principals and cut the cords to the demons behind these covens to end these assaults.

On the name and blood of Yeshua, I ask that these demons be bound and what I make true on earth, make true in heaven, father.

Breaking: New #Pizzagate Revelations/Trump To Launch Investigation Of Cl...

College bans flag. Then this happens...

Aussie Media Push Globalists' "Cash Is For Criminals" Narrative

Global Wealth Confiscation, Cashless commerce, Bailins, are coming...one country at a time.

We are entering a very dark phase in this battle to retain our liberty," warns Armstrong Economics' Martin Armstrong, adding that "this is the most dangerous period we are heading into for governments will respond only to their own self-interest to survive."

The war on cash is in full swing.
First we saw India's Modi demonetize bank-notes in the interest of fighting corruption and tax avoidance in the black economy... later admitting that this will eventually lead to a cashless society.

Then we hear of a proposal now being whispered behind the curtain in Europe is to impose a tax on withdrawing your own money from an ATM. The banks support this measure as a whole because they see this as preventing bank runs.
And now the whispers behind the curtain are starting to get louder.
Following reports of some Aussie banks refusing to accept cash, Armstrong Economics' Martin Armstrong warns the headlines in Australia demonstrate how the press is already conspiring against the people. The new slogan rising is Cash is for Criminals. ABC of Australia ran the story:
Cash is for criminals: Why we should scrap big notes

A massive stash of cash may sound like a good thing, but according to one US economist, the vast numbers of banknotes in circulation around the world are making us poorer and less safe.

Ken Rogoff, an economics professor at Harvard, has been writing about paper money for 20 years and he says much of this cash "is used to facilitate all sorts of crime".

Beyond the more heinous crimes of human and drug trafficking and terrorism, some earners hoard their money to avoid tax.

...

One way for central banks to stimulate investment during a prolonged financial crisis is to apply negative interest rates.

However, in an economy awash with large denomination bills, sharply cutting rates could create "complete chaos", says Professor Rogoff.

Investments suddenly gone bad would spur a rush to convert capital into hard currency, decreasing the effectiveness of the interest rate drop (even leaving aside the problem of large amounts of money disappearing from the economy).

A mostly cashless society, argues Professor Rogoff, would allow central banks to dramatically cut interest rates in times of severe crisis without this chaos.

 http://www.zerohedge.com/news/2016-11-28/aussie-media-push-globalists-cash-criminals-narrative

Jill Stein is a Complete Idiot

A Word To The Criminal Jihadi

Alka Snackbar - Jihadi LTC goes Jihad on Ohio State U

A car rammed into a crowd at Ohio State University on Monday, and a knife-wielding attacker got out and cut people before being shot to death, authorities said.

Somali Jihadist, does as programmed, and as the others shall after him, and takes the jihad to America.

Thanks Hillary...

 

Saturday, November 26, 2016

Satanic PizzaGate Is Going Viral Worldwide (Elites Are Terrified)

Jill Stein Advocate Slams Recount Decision: "Shameful Support For War Whore Hillary"

Hillary...child rapist and murderer
Submitted by Progressive Radio Host Steve Lendman,

Jill Stein for Hillary?

Shameful! What’s going on? Why did her campaign announce its “intent to file for a recount of votes in the battleground states of Wisconsin, Michigan and Pennsylvania, leading a multi-partisan effort to check the accuracy of the machine-counted vote tallies in these states in order to ensure the integrity of our election?”

Did she forget Hillary criticizing Trump’s possible refusal to accept electoral results when asked, calling it “a direct threat to our democracy?”

Does she support what war goddess, racketeer, perjurer Hillary stands for? Does she oppose Trump wanting normalized relations with Russia - crucial to prevent the threat of possible nuclear war with Hillary empowered as US military commander-in-chief.

I supported Stein, believed in her, wrote glowing articles about her campaign, her advocacy for world peace, equity and justice. Was I wrong? Did I misjudge her? Is she against what she claims to stand for?

Many times in articles I called Hillary the most ruthlessly dangerous presidential aspirant in US history. Does Stein support her? Want the election reversed in her favor? Why else would she want recounts in Michigan, Pennsylvania and Wisconsin? Outrageous!

Interviewed by Sputnik News, she said she raised over $3.7 million dollars so far, aiming for up to $7 million to cover all costs, and complete the task by filing deadlines - Nov. 25 in Wisconsin, Nov. 28 in Pennsylvania, and Nov. 30 in Michigan.

A pre-Thanksgiving Day article asked if Hillary intended to challenge the electoral results. In my judgment, Trump won because deep state power brokers jettisoned her as damaged good, too scandal-ridden to serve effectively, choosing Trump instead.

Neither snow nor rain nor gloom of night nor Stein’s misguided effort will change the electoral results - just stir the pot disruptively for some days, accomplishing nothing but shaming herself.
Claiming “we deserve some confidence in the outcome of this election” misses the crucial point. Hillary as president risks possible cataclysmic nuclear war with Russia.

Trump want normalized ties, both countries cooperating in combating terrorism. That’s the core issue aside from all others - including the nonexistent integrity of America’s electoral system.

Failure to understand it shows poor judgment on Stein’s part at the least - recklessness at worst. And why did Sputnik News publicize her effort? Surely it knows Putin prefers Trump over Hillary. So do I.

Will recounts be held in the three states in question? Doubtful but we’ll see. Either way won’t matter. On January 20, Trump’s inauguration will proceed as scheduled.

* * *
Finally, we leave with this gentle reminder of the utter hypocrisy that the liberal media is willing to ignore...

Thanksgiving Message 2016

LIVE JAPAN TSUNAMI November 2016

Anyone who uses Google for searching knows all too well that the real FAKE NEWS sites are the only ones that appear

It has long been known that the concentration of media ownership and the staffing for their “political correctness” message on broadcast, cable, printed press and on the vast majority of establishment internet outlets is filled by committed destroyers of the American Constitution and traditional Western Civilization moral values. With the resounding defeat of the globalist cabal with the Presidential election of Donald Trump, the rats that propagate the propaganda echo chamber for cultural distortion are working overtime to hold onto their fading indoctrination influence. Now the latest catch phrase is to stamp out fake-news.

How rich is this perversion of the truth? The Pharisees of newspeak are telling us that they are the only gatekeeper, who will define what news is acceptable for dissemination. Censorship is the last recourse when independent thinking people reject the cultural narrative of an anti Christian society.
The desperate meltdown that the mainstream pundits from institutional corporatist media proves that they are in total denial. By doubling down and maintaining their treachery after the heartland rebuffed their political spin, is proof positive that the urban metro liberalism refuses to accept any return to a law and order society. Let the record attest that any rebellion or terrorist violence that develops during the Trump administration would come directly out of the play book of Saul D. Alinsky’s Rules for Radicals.

Progressive dogma is a pariah of human development. The mantel of this mental disease is entirely integrated into the social, economic and political mindset of the liberal media culture. Can any fair minded and objective observer deny that the Wikileaks revelations of main line media coordination and synchronization of message did not exist during this 2016 campaign? Even the investigative and liberalist publication, The Intercept acknowledges the latest betrayal by the Fourth Estate.
The conformity practice, which hammers out the drumbeat that Colludes to Label Critics Conspiracy Theorists has become so tedious that only the most extreme erudite sophist, who suffers from intellectual integrity impairment, gives any credibility to the New York Slimes or the Washington Compost.

Now that the thoroughly discredited Barry Soetoro is counting his days as the commander and chief purveyor of collectivist lies, he points the finger at a practice that he perfected, Obama rails against fake news.

“President Obama on Thursday denounced the spread of fake news online, suggesting it’s helped undermine the U.S. political process.

“If we are not serious about facts and what’s true and what’s not … if we can’t discriminate between serious arguments and propaganda, then we have problems,” Obama said during a news conference in Germany.”

Robert Parry writes in Consortiumnews.com, What to Do About ‘Fake News’.
“In the wake of Donald Trump’s victory, a hot new issue – raised by President Obama in an international setting on Thursday and touted on The New York Times’ front page on Friday – is the problem of “fake news” being disseminated on the Internet.

Major Internet companies, such as Google and Facebook, are being urged to censor such articles and to punish alleged violators. Also, teams of supposedly “responsible” news providers and technology giants are being assembled to police this alleged problem and decide what is true and what is not.
But therein lies the more serious problem: who gets to decide what is real and what is not real? And – in an age when all sides propagate propaganda – when does conformity in support of a mainstream “truth” become censorship of reasonable skepticism?”

Lest one forget; Fake News!! CNN & BBC Busted!! ISIS Is A Fake Threat!! Video reminds just, who exactly is presenting the FAKE News.

Well, for all those intrepid and honest intellectuals, who are willing to confront the fictitious demons, renounce the secular humanism and fabricated social relativity manic culture. Avoid the poison from the MTV Hollywood celebrity news sewer. Also resist the ether zone of electronic subversion from Silicon Valley Techno-Nazis. The fascistic on the Left are Marxists to the core, which is being practiced in this day and age of globalism as the ultimate Orwellian embodiment of crony capitalism.
Rush in the George Soros brown shirts as the storm troopers for social unrest and open warfare. Protesters storm lobby of Trump transition team building illustrates that the coverage from the dying media dinosaurs can only resort to the most desperate and deceptive reporting.

“The demonstrators are calling for Trump’s White House Chief Strategist Stephen Bannon to be sacked. Bannon is the chief executive of Breitbart New and has been accused of racism and anti-Semitism by the Southern Poverty Law Center and the Anti-Defamation League.”
As Rosslyn Smith states in the American Thinker, Southern Poverty Law Center’s Lucrative ‘Hate Group’ Label, “A growing consensus on the political right is to consider being labeled a hate group by the SPLC a badge of honor”, is an attitude that downtrodden and ridiculed goyim, who have been inundated to buy into the Khazar illusion of holocaust victimhood, are waking up and rejecting their hogwash.

Pizza Gate Expose'- A Who's Who - Podestas, Weiner, Clintons, Obama & More

Jill Stein Suspiciously Wants Recount Only In States Won By Trump

Simple clarification flowchart for snowflakes, swamp-rats, and sanctuary-dwellers

source ZH

Unless the election fix changes above...

Indian Government "Plans To Restrict Gold Holdings"

money-atms_825_pti


Clintons Confirm Participation In Recount Plan, Despite No "Actionable Evidence Of Hacking"



This morning Hillary Clinton's campaign general counsel, Marc Elias, confirmed what we all knew already, namely that Jill Stein is acting at the direction of the Clintons in her recount efforts in WI, MI and PA.  The discovery came after Elias posted a note to Hillary voters this morning on Medium confirming that they would participate in Stein's recount efforts even though the Clinton campaign itself had decided against a recount because they had "not uncovered any actionable evidence of hacking or outside attempts to alter the voting technology."

This confirms, in a round about way, the Stein is the cut out shill for the Clinton Crime family's continued attempt to steal the Oval Office at any cost.

I fully expect the "recount" to come out in the beast's favor.

A first in US politics.

Kind of ironic, given the states being recounted used paper ballots
Popular vote - Trump won


No surprise to anyone, the concession was just another lie, too.

California’s 218,667 Public Employees Making Over $100,000/Year

Must be nice to be on the public dole, as an employee

with pensions at 80% of your wages

free healthcare

guaranteed multi week vacations

2 weeks of paid sick leave per year that can be rolled over

average cops make over 250000.00 per year, same with firemen

they increase taxes and add tons of business and life stifling regulations every year and get paid well to do it. Oh...and ALL OF THEM are in the satanic network. FACT.

Friday, November 25, 2016

in the last year, several countries have, as a part of the War on Cash, began removing larger bank notes from circulation in order to force people to perform all economic transactions through the banking system, assuring that the banks would gain total control over the movement of money.

These are the last of the good old days.


Of course, the banks could not admit their true goal to the public. They instead used the governments to claim that the measure was being undertaken to restrict crime (money laundering, drug deals, black marketing, terrorism, etc.)



Recently, without any fanfare, ATM’s in Mexico have ceased issuing the 500 peso note US$24). The largest note is now the 200 peso note (US$10).



At about the same time, Citibank in Australia declared that it will no longer accept coins or banknotes.



India has joined those countries that have done away with larger notes. They did so quite suddenly and the effects are already being felt by the Indian people. The elimination of the 500 rupee and 1000 rupee notes has, wiped out 1 billion Indians and their personal wealth.



A problem with the removal surfaced immediately when people using ATM’s were withdrawing far more notes than ever before in order to have enough cash to function normally. The ATM’s were quickly being emptied of the smaller denominations. The people of India cried foul, as 88% of all money in circulation had vanished from the system overnight. The limit for withdrawal per day is 2500 rupees (US$37) – which for some is sufficient to pay for daily expenses, but is most certainly not sufficient to carry on a business or facilitate larger transactions.



Although deliveries of notes to the ATM’s has increased, the banks simply cannot make up for the sudden loss of 88% of the nation’s money. Not only can the delivery trucks not meet the demand, the machines cannot store the volume of notes needed.



The result has been a complete breakdown of commerce. With millions of people beginning each day with insufficient funds to function, one bi-product of the money shortage is that over 9.3 million trucks have simply been abandoned by their drivers. (Nearly two thirds of all freight in India moves by road.)



When those who make the decisions in banking and government try to game the system one time too many, dysfunction sets in and the “soldiers” – the countless minor participants in the system – simply walk away.



The lesson to be learned here is that, in all countries where a War on Cash is being destructively waged, the end will not be a positive one. The people of each country will increasingly become unable to function normally, as in Greece, where there have been riots due to the banking squeeze. Banks and governments have colluded to tie up wealth in order to have their hands on as much of it as possible, as they grow nearer to economic collapse. As the situation drags on, their intent is becoming ever-more transparent to those who have to suffer the difficulties caused by the squeeze.



These are “the good old days”. The direst events to come have not yet begun to surface.



As I’ve mentioned in past articles, the problem reaches its nadir when trucks that move the country’s food come to a halt. As long as sufficient food remains available to us, we treat it as just another commodity. But unlike clothing, hardware, vehicles, etc., when our source of food is cut off, even for a very short period, we become frightfully aware that its level of importance is far beyond that of any other commodity.



The average person abandons his moral inhibitions after three days without food. After this time, an otherwise morally responsible man is literally prepared to kill his neighbor for a loaf of bread.



However, it’s ironic that the War on Cash problem is most pronounced in what was called “the free world” only two generations ago. Many of those countries that we’ve come to regard as being both prosperous and “safe” are becoming less so with great rapidity.



Small wonder, then, that an increasing number of people are exiting these once-choice jurisdictions and seeking those that are not similarly in economic decline. Although we cannot predict how far the elimination of cash will spread, the further you are from the epicentre of the problem, the greater your chances of coming out with your skin on.


One after another, more and more countries - under orders from the central banks and in collusion with the IMF and CFR - will ban cash outright, forcing everyone into electronic banking or die.

At that moment, the Bible passage in revelations becomes true. To eat, to do commerce, to live...you must take the mark of the beast. Already, imprinted just underneath the topcoat of all credit cards is 666, visible with a black light.

We are very close. 

The only people surviving in cash bans are those that stored food and precious metals to trade with. Everyone else is terrified and melting down en masse.

These are dark times...

...and the last of the good old days.

source material from Sprott money




Banning cash is the creation of the Ultimate total control police state

Remember the 500 EURO BILL???????
Banned and nobody cared enough to stop it.
 
After that, soon, the 100 euro bill will follow...

and the 50 euro bill...

they actually already told us this. Until only the 20, 10 and 5 remain for small payments. Trillions in cash will be made worthless and banks the world over will get increases on their books for debt based fiat instruments, we know as fractional reserve.
EXACTLY what is happening in India.

But when it happens over there it starts to matter?

In 2017, the US plans to eliminate the 100 and replace the 20 with the Tubman 20. And no one is saying anything, doing anything, about it.

This is the endgame of going off the gold standard worldwide in 1933. It was to get us here, WITH A GLOBAL ECONOMY.

Real money, stolen from us by Central Banks

Under Sharia Law, Christians are crucified as is done hundreds of times a day in ISIS controlled territories backed by the CIA and Hillary


SJWs want globalism for everyone, OR ELSE

And led by fanatical lesbian feminist witches practicing gynocentrism


After banning cash, India to implement a sweeping 30% tax on all bank deposits

Should a single person have the authority to flip a switch and bring all trade, transactions, indeed the entire economy to a halt?

After stealing and demonetizing 88% of all cash in circulation, with no chance of redemption of existing notes, A single man - the president - is also going to seize 30% of every bank deposit in a national TAX on ALL BANK DEPOSITS.

All commerce has come to a halt. No food deliveries, gas, services going on three weeks and the country is slowly starving to death. Modi made no provisions for the effects of his executive orders or their obvious outcomes.

And people, by the tens of thousands, are dying every day.

As it stands, money is now dead in India – and a police state is rapidly encroaching. Both at home and abroad the only topic of conversation for Indians is the currency ban.  

Two millennia of progress in money have been destroyed. Rural places are increasingly falling back on barter. In a barter economy, economic calculation is no longer possible; only the most basic economic exchanges can take place.

The western elite and MSM carry a favorable opinion of Modi, backed by cult-like “intellectual” climate created by the salaried upper middle class (who lack critical thinking and reasoning capability), and supported by the international media and institutions like the IMF, i.e., people who are sitting in Western cities have no clue about the realities on the ground.

Modi is also hinting that his next step is to BAN TO PURCHASE OF PRECIOUS METALS.

India...a nation of a billion souls...murdered by their own man, the president. Two orders and the banks are made solvent, the IMF made happy, and the people being wiped out.

This is the the NWO and globalism. 

Feeling culturally enriched yet?

Should a single person have so much power to be able to destroy the lives of almost one out of every five human beings on the planet?

After just a few years under Modi’s rule, there is no independent body left in India. Courts simply do not take a position against Modi. 

Police now reserve the right to randomly search people’s possessions without a warrant. Those who live in India — in an economy in which 97% of all consumer transactions are in cash, most salaries are paid in cash, and most revenues are collected in cash — routinely transport and carry large amounts of cash on their person. Only to be seized by the police at gunpoint, as is being done in the USA.

The fear among small businessmen and those with savings outside of the banking system, even if they are fully legitimate, is palpable. They are now deemed to be criminals and it is their job to prove themselves innocent, just like in America.


Historically, India has been a negative-yielding economy. Interest rates have mostly been negative in real terms. Stock market returns are negative-yielding, even before adjusting for business and jurisdictional risks. In such an environment, savers have no option but to keep their money in gold, or outside the formal economy.

Any oppression of savers forcing them to direct their money into the negative-yielding formal economy will only lead to even more of their savings going into gold and escaping to foreign jurisdictions, eventually making India much less well-off. Even in the short-term, India’s economy is rapidly going into paralysis.

deadman
An old man has died in the queue at the bank. No one came to help him, due to the risk of losing their place in the queue. A large number of people have died in similar circumstances.



demonetisation
no food, no jobs, no cash, and now, no bank accounts
farmers-protest
Protesting farmers in India. Buyers cannot buy products for they no longer have access to their own money. Unable to sell, sellers are stuck with their produce and cannot pay their debts, driving them  and their creditors into bankruptcy. This is a very complex vicious cycle. Even if liquidity is eventually restored — which is unlikely — the demonetization has crippled the production system.

food-market
Depending on who you ask, even food market sales have fallen by 20% to 80%. It is too early to say if people are eating less or if they are consuming emergency stores they have kept at home; perhaps both. If farmers cannot sell their food, they cannot buy seeds for the next planting season. A vicious cycle is going to get entrenched.
Indian Express photos: Pavan Khengre



 


Vaxxed

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Getting paid to kill and maim your kids

The numbers are in: Trump wins Michigan by 10,704

In the closest race for president in Michigan's history, Republican Donald Trump is hanging on to a 10,704-vote win over Democrat Hillary Clinton.

The Michigan Secretary of State posted results Wednesday that were submitted by the state's 83 county clerks on Tuesday after the votes were reviewed and certified by each county.

Before that compiled count, Trump held a 13,107-vote lead over Clinton. But after each county certified its results, the lead shrunk to 10,704, with the biggest chunk coming from Wayne County, which showed that Clinton had gotten 565 more votes than originally tallied by the county.


 http://www.freep.com/story/news/politics/2016/11/23/donald-trump-wins-michigan-votes/94360852/

Obamas Ex-Boyfriend Blows Whistle! Michelle Is A Man & Obama Is Gay!! 2016

Pizza Gate Takes Over Social Media

Obama Murdered Joan Rivers For Exposing Tranny Michelle Obama!! 2016

Thursday, November 24, 2016

PizzaGate Definitive Factcheck

An Emergency Warning To Donald Trump

Remember your real enemies - commentary ZH

The real enemies of the American People are not each other. They aren't black, white, yellow or any other color. They don't live in ghettoes. They live everywhere and gather in covens, practicing satanic rituals of the most heinous nature to gain more power and wealth, which is all they want.

The real enemies of the American People:

* live in gated communities, in luxury high rises, penthouse suites, beachfront mansions, and in the beltway around Sodom & Gomorrah on the Potomac and are members of varying types of satanic orders that murder, rape, and slaughter mostly small kidnapped or bred for purpose children. SEE PIZZAGATE;
* they send YOUR sons and daughter off to die, be maimed or PTSD'd fighting insane wars in the Middle East, for the glory of Greater Israel, while THEIRS stay safely home laughing and partying as free, rich civilians (just like during the Vietnam War) while millions of Veterans and other Americans go hungry and homeless;
* they go to prestigious clerking schools like the Ivy League to learn how to strip mine the American People's wealth for themselves;
* they staff the LYING LÜGENPRESSE (mainstream media & entertainment oligopoly) and social media propaganda machines;
* they run the banking gangsters and Con Street and the criminal crony capitalist conporations;
* they are the Oligarchs who sent your jobs to China and India solely for their personal profit;
* they fund domestic and foreign terrorist groups;
* they they employ like-minded fascist thugs and give them guns and badges to entrap, murder and imprison anyone who dares to speak about creation (Hovind) or the truth of Earth;
* they are the ones who destroyed the American economy making 100 million Americans permanently unemployed and making 64 million Americans dependent on food from the government;
* they've enslaved tens of millions in inner city poverty by destroying families, with welfare and government-run indoctrination centers;
* they are the bribery-blinded political parasites who unquestioningly do their Oligarch masters bidding and crippled America with $200 trillion in debt and unpayable obligations;
* the regime's notorious SCOTUS overthrew the principle of, "one man, one vote" with, "one dollar, one vote";
* they supply arms and supplies to Al Qaeda and ISIS, who go into towns and villages and murder women and children and then use the remainder as human shields. These are known as Jihadis and have all made the DEATH VOW TO KILL CHRISTIANS AND HEBREWS;
Remember that while they are trying to get us to go to war against each other.
Remember your real enemies.

Craigslist Ad FOR RIOTING, LOOTING, AND BURNING OUR CITIES

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Herd Immunity (Captioned by Lynn Lane)

MessiahMews Blogs: Herd Immunity (Captioned by Lynn Lane): Cat caption by Lynn Lane... First and foremost, my responsibility is to my child. I will not set my child on fire to keep someone else war...

What if Trump has the election stolen with a rigged recount, now happening with the FIX IS IN satanic network?

 TRUMP ISN'T THE PRESIDENT YET...NOT UNTIL THE COUNT DEADLINE IS CLOSED NEXT WEEK AND THEN, THE ELECTORAL COLLEGE SEALS THE DEAL ON THE WITCHES SABBATH OF YULE, ON THE 19TH OF DECEMBER.

BUT WITH THE RECOUNT BS AFOOT, HE MAY YET LOSE, TO THE NASTY SKANK WHORES WHO HAVE SWORN TO GET HIM OUT OR GET REVENGE, BY MURDERING HIM BEFORE THE INAUGURATION. 

THESE VICIOUS DEVILS ARE CAPABLE AND WILLING TO DO ANYTHING. ANY HUMAN BEING WHO WOULD SEXUALLY RAPE AND SLAUGHTER CHILDREN HAS NO MORAL LINE THEY WILL NOT CROSS.

Authored by Paul Craig Roberts,

Did Donald Trump win the election because he is a racist and misogynist and so are the American people?
No. That’s BS from the Oligarchs’ well-paid whores in the media, “liberal progressive” activist groups, think tanks and universities.

Did Trump win because he stole the election?
More BS. The Oligarchs controlled the voting machines. They failed to steal the election, because the people outsmarted them and told the pollsters that they were voting for Hillary. This led to the presstitutes’ propaganda that Hillary was the certain winner, and the Oligarchs believed their own propaganda and didn’t believe it necessary to make certain of their victory.

Trump won the presidency because he spoke directly and truthfully to the American people, telling them what what they knew to be true and had never before heard from any politician:
“Our movement is about replacing a failed and corrupt political establishment with a new government controlled by you, the American people. The establishment has trillions of dollars at stake in this election. Those who control the levers of power in Washington and the global special interests they partner with, don’t have your good in mind. The political establishment that is trying to stop us is the same group responsible for our disastrous trade deals, massive illegal immigration and economic and foreign policies that have bled our country dry.

“It’s a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities. The only thing that can stop this corrupt machine is you. The only force strong enough to save our country is us. The only people brave enough to vote out this corrupt establishment is you, the American people.”
Trump did not promise voters a bunch of handouts. He didn’t say he would fix this and that. He said that only the American people could fix our broken country and identified himself as an agent of the people.

The people won the election, but the Oligarchy is still there, as powerful as ever. They have already launched their attack using their whores in the media and liberal progressive groups in attempts to delegitimize Trump with protests, petitions, and endlessly false news reports. George Soros, using the money he made by his attack on the British currency, will pay thousands of protesters to attempt to disrupt the inauguration.

What about Trump’s government? As Trump discovered, finding appointees who are not part of the Oligarchy’s economic and foreign policy establishment is very difficult.

Washington is not a home for critics and dissidents. Consider Pat Buchanan, for example. As a White House official in two administrations and a two-time presidential candidate, he is experienced, but Washington has marginalized him.

Moreover, even if there were a stable of outsiders, they would be eaten alive by the insiders. Trump will have to take insiders. But he has to pick insiders who are to some extent their own person. General Michael Flynn as National Security Adviser is not a bad pick. Flynn is the former head of the Defense Intelligence Agency who advised the Obama regime against employing ISIS against Syria. Flynn has publicly stated on television that the appearance of ISIS in Syria was a “willful decision” of the Obama regime. In other words, ISIS is Washington’s agent, which is why the Obama regime has protected ISIS.

Trump’s chief of staff (Priebus) and chief strategist (Bannon) are reasonable choices.
Sessions (Attorney General) and Pompeo (CIA) are disturbing appointments based on their media-created reputations. But in the US where there is no honest media, we don’t know the truth of the reputations. Nevertheless, if Sessions does support torture, he is disqualified as attorney general, because the Constitution prohibits torture. The US cannot afford yet another attorney general who does not support the US Constitution.

If Pompeo actually is so poorly informed that he opposed the Iran settlement, he is not fit to be CIA director. The CIA itself said that Iran had no nuclear weapons program, and with Russia’s help the matter was resolved. Does Trump want a CIA director who neoconservatives could use to restart the conflict?

The views of Sessions and Pompeo could be products of the time and not visceral. Regardless, Trump is a strong and willful person. If Trump wants peace with the Russians and Chinese, appointees who get in the way will be fired. So let’s see what a Trump government does before we damn it.

Presstitute reports of extreme neoconservative John Bolton and former US attorney and NY Mayor Rudy Giuliani being candidates for Secretary of State do not seem credible. If Trump intends to get along with Putin, how can he do that if his Secretary of State wants war with Russia? Trump should find an experienced diplomat who negotiated with the Soviets. Richard Burt, who had a major role in the Strategic Arms Reduction Treaty, is the sort of person it would make sense to consider. Another sensible candidate would be Jack Matlock, Reagan’s Ambassador to the Soviet Union.
If Trump wants peace with Russia, the Secretary of State is the important appointment.
If Trump wants to stop the Oligarchy’s rip off of the American people, the Secretary of the Treasury is the important appointment.

Under the last three presidents, treasury secretaries have been agents for the banks-too-big-to-fail and for Wall Street. It is now a tradition for the financial gangsters to own the Treasury. It remains to be seen if the tradition is too strong for Trump to break.

The Oligarchy is trying to discredit the Trump Presidency before it exists. This effort is discrediting liberal and progressive groups by identifying them with nonenforcement of the immigration laws and with homosexual and transgender rights, issues not on the agenda of an electorate whose economic fortunes have been declining and who are tired of 15 years of war that serves only the hegemony agenda of the neoconservatives and the profits and power of the military/security complex.

According to The Saker, Putin has begun removing the Atlanticist Integrationists, Russia’s Fifth Column, from influence. Let’s see if Trump can remove our fifth columnists—neoconservatives and neoliberal economists—who have sold out the American people and America’s integrity.

Black mob attacks white Catholic school girls in the Bronx

A Thanksgiving Message from President-Elect Donald J. Trump

Butt-Hurt Losers Demand Recount!

The Clinton Crime Family is pouring 10 million dollars into forcing a recount of the key states she lost this coming monday

As anyone can easily see by taking a look at the election breakdown in Wisconsin, Trump's margins of victory were over 40 points in multiple rural counties.  So while 7% may seem like huge margin to a bunch of disaffected Hillary voters, it's not unreasonable at all once you start to dig into the details.

The satanic witch was defeated, but be certain any new "recount" will all of a sudden, find millions of new votes for the jezebel witch out of nowhere. Especially electronic votes.

Especially electronic votes...
Jill Stein

And, of course, Trump won most of the counties in Wisconsin outside of the major population centers.
Jill Stein

Next Thanksgiving will be completely unlike this one. Enjoy it. It might your last one like this for some time.

If you are fortunate enough to enjoy a Thanksgiving gathering of family and friends this year, then you are very blessed.

Be mindful of that blessing and give thanks to Him that allows all things. Even the ugly, for that is how freewill plays out on Earth.

For many countries and for billions of people, today is like every other day - the heavy hand of satanic banking forces that are crushing them into the dirt and making them desperate. For many, today is a day of sorrow and pain. For many, today is the day they die.

America has dodged a pedophile satanic bullet with the ousting of the most vicious of grand druid witches, the Hillary freak. As Wikileaks revelations shows, these monsters we allow as our rulers routinely kidnap and make sexual slaves of very small children before they are slaughtered in satanic blood rituals. That these Clintons, podestas, and the elite of finance, film, military, and government all are linked to some of the nastiest lesbian witches in America and Europe in having special dinner gatherings, the wholesome idea of thanksgiving Lincoln made into a National Holiday gives lie to their speeches and public personas. That they openly serve satan, makes Yeshua just as real and important as he as always been. Our way of love, understanding, and courage in these dark days of revelations.

Yet they are still among us...planning, murdering, and plundering the soul of this great nation and the souls of other great nations in the name of globalism.

Be grateful. Act wisely.

Don Bradley 2016

the CEO of Reddit, Steve Huffman, aka SPEZ, admitted to being a cuck and editing the comments of mean users who cursed him out for banning the topic of PIZZAGATE

(John Podesta and his alleged pedophile friends as it relates to Comet Pizza and child trafficking). This fuckery gained traction because he banned the topic of Pizzagate from being discussed on Reddit -- proclaiming they weren't interested in having witch hunts on the site. But that's fucking bullshit and he knows it. The entire site is a giant fucking witch hunt -- with a range of topics too broad to even discuss. It is conspiracy theory central, for retarded autistic types. Someone important doesn't want Comet Pizza being discussed or the ongoings of John Podesta, as evidenced by the recent NY Times article -- who very kindly corrected the record for all of the fake news readers out there -- telling the world that Comet Pizza merely sells pies. You tell me if your local pizzeria hosts deranged shit like this
One Reddit user from The_Donald sums it up better than I can. whathedid Here is the part he admitted to being a cuck. oly4gy_4xlkauhmk8ijo65dtusnzqxeew6zqa-deqfe   Oh, and he violated his own terms of service, not that it matters for the C level types. spez Cernovich tweeted this gem of a leaked slack chat of the Reddit cognoscenti plotting to shut down the hugely popular The_Donald subreddit

Wednesday, November 23, 2016

PIZZAGATE IS REAL

Andrew Breitbart: "F*ck. You. John. Podesta."

Pizzagate

Reddit Bans "Pizzagate" - "We Don't Want  Free Speech On Our Site"
Reddit...another corporation owned by satanists...

Look...new moon and baphomet symbol in signage...that is all you need to know as to who and what you'll find inside.
Comet Pizza - Play Eat Drink.Hmm...anybody else notice that the acronym for that is PED?

That's like when they called it operation Iraqi liberation and forgot the acronym was OIL.

Pizzagate...what got Kenya West seized and thrown into a mental hospital to shut him up...the Podesta brothers, Clintons, and other DC insiders and their child pornography ring.

Search it, reveal it, expose their works...and to think these freaks were going to sit in the white house again.

They truly are satanists.

The Clintons fund the Beyond Borders Foundation. Guess where Beyond Borders is located ? In D.C. literally across the other side of the street from Comet Ping-Pong and Besta Pizza.

A Message from President-Elect Donald J. Trump

Tuesday, November 22, 2016

Kanye West Busted Trumping While Black sent to mental hospital, tour cancelled

Tim Allen: Hollywood are the bullies, Not Trump/Elite May Use World War ...

Jihadis attack truckers in France by the thousands

Is a Large Wealth Grab on the Way? Sure...India was just wiped out...1 billion people made destitute


IMF Discusses 'One-Off' Wealth Tax

It is undoubtedly nice to have a job with the World Bank or the IMF. One of the most enticing aspects for those employed at these organizations (which n.b. are entirely funded by tax payers), is no doubt that apart from receiving generous salaries and perks, they themselves don't have to pay any taxes. What a great gig! Since these organizations are so to speak 'extra-territorial', they are held to be outside the grasp of specific tax authorities.


This doesn't keep them from thinking up various ways of how to resolve the by now well-known problem of the looming insolvency of various welfare/warfare states. In fact, they have quite a strong incentive to come up with such ideas, since their own livelihood depends on the revenue streams continuing without a hitch. One recent proposal in particular has made waves lately (it can be found in this paper – pdf), mainly because it sounds precisely like the kind of thing many people expect desperate governments to resort to when push comes to shove, not least because they have taken similar measures repeatedly throughout history. 
The recent depositor haircut in Cyprus has also contributed to such expectations becoming more widespread. We believe is that it is far better to let shareholders, bondholders and depositors (in that order) take their lumps in the event of bank insolvencies rather than forcing the bill on unsuspecting tax payers via bailouts. What was odious about the Cypriot haircut was mainly that the government steadfastly lied to its citizens about what was coming and that certain classes of depositors, such as e.g. the president's relatives, got all their money out just a week or two prior to the bank holiday, by what we are assured was sheer coincidence (this unexpected twist of fate which proved so fortuitous to the president's clan increased the costs for remaining depositors).
Still, the entire escapade was a salutary event in many respects. It proved that government bonds are not a reliable store of value (it was mainly their holdings of Greek government bonds that got the Cypriot banks into hot water) and it was a reminder that fractionally reserved banks are inherently insolvent. In short, it has helped a bit to concentrate the minds of many of those who still remain whole and has sensitized them to other attempts of grabbing private wealth that may be coming down the pike.
This is probably also the reason why a paragraph in an IMF document that may otherwise not have received much scrutiny as it would have been considered too outlandish an idea, has created quite a stir. That such proposals are made from the comfortable environment of a tax free zone is quite ironic. Here is the paragraph in question:

“The sharp deterioration of the public finances in  many countries has revived interest in a “capital levy”—  a one-off tax on private wealth—as an exceptional  measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be  repeated, does not distort behavior (and may be seen by some as fair). There have been illustrious supporters, including Pigou, Ricardo, Schumpeter, and—until he  changed his mind—Keynes. The conditions for success  are strong, but also need to be weighed against the risks  of the alternatives, which include repudiating public  debt or inflating it away (these, in turn, are a particular form of wealth tax—on bondholders—that also falls on nonresidents).
There is a surprisingly large amount of experience to draw on, as such levies were widely adopted in Europe after World War I and in Germany and Japan after World War II. Reviewed in Eichengreen (1990), this experience suggests that more notable than any loss of credibility was a simple failure to achieve debt reduction, largely because the delay in introduction gave space for extensive avoidance and capital flight—in turn spurring inflation.
The tax rates needed to bring down public debt to  precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area countries) a tax rate of about 10 percent on households with positive net wealth.”

(emphasis added)
It is actually not a surprise that there is a 'wealth of experience to draw on'. Throughout history, governments have thought up all sorts of methods to get their hands on their subjects' wealth. It would have only been a surprise if there had been no 'experiences to draw on'. In fact, as wasteful and inefficient as the State is otherwise, this is one of the tasks in which it proves extremely resourceful, inventive and efficient. The extraction of citizens' wealth is an activity at which it excels.
Apparently the IMF judges that stealing 10% of all private wealth in one fell swoop is perfectly fine as long as 'some see it as fair'. Some of course would. There is however a crucial difference between imposing such a levy at gunpoint and letting bondholders take losses. The latter have taken the risk of not getting repaid voluntarily. No-one forced them to buy government bonds.
As to the pseudo-consolation that such a confiscation should be presented as a 'one off' event so as 'not to distort behavior', let's be serious. The moment  governments gets more loot in, they will start spending it with both hands and in no time at all will find themselves back at square one.

States and Taxation

As Franz Oppenheimer has pointed out, States are essentially the result of conquests by gangs of marauders who realized that operating a protection racket was far more profitable than simply grabbing everything that wasn't nailed down and making off with. In modern democracies it has become easier for citizens to join the ruling class (i.e., the more civilized version of these marauders), which has greatly increased acceptance of the State. Also, a large number of people has been bought off with 'free' goodies and all and sundry have had it drilled into them throughout their lives that the State is both inevitable and irreplaceable.
There are of course other advantages to be had in democracies, such as the fact that a market economy is allowed to exist (even if it is severely hampered) and that free speech is tolerated. One considerable drawback though is that taxation has historically never been higher than in the democratic order (and still these States are all teetering on the edge of bankruptcy anyway).
As an aside, conscription and the closely associated concept of 'total war' are also democratic 'achievements'. Whereas war was once largely confined to strictly localized battles between professionals, the French revolution and its aftermath was a pivot point that marked a change in thinking about war and ultimately paved the way for legitimizing the all-encompassing atrocities of the 20th century, with civilians suddenly regarded as fair game.
A little historical excursion: Under medieval kings there was at least occasionally a chance that a tax might actually be repealed, even if only temporarily. For instance, in 1012 the heregeld was introduced in England, an annual tax first assessed by King Ethelred the Unready (better: 'the Ill-Advised'). Its purpose was to help pay for mercenaries to fight the invasion of England by King Sweyn Forkbeard of Denmark.
Ethelred had been forced to pay a tribute to the Danes for many years, known as 'Danegeld'. In 1002 AD he apparently got fed up and in a fit of pique ordered the murder of all Danes in England, an event known as the St. Brice's Day Massacre. Not surprisingly, this incensed the Danes and Sweyn Forkbeard's invasion was the result. Sweyn seized the English throne in 1013, but died in 1014, upon which Ethelred was invited back by the nobles (under the condition that he 'rule more justly'). However, he soon died as well, which left Edmund Ironside in charge for a few months in 1016. Sweyn's son Knut eventually conquered England later in the same year. Knut simply continued to collect the heregeld tax after ascending to the throne. The heregeld was a land tax based on the number of 'hides' one owned (the hide is a medieval area measure, the precise extent of which is disputed among historians; one hide was once thought to be equivalent to 120 acres, but this is no longer considered certain). The tax was finally abolished by King Edward the Confessor in 1051 (Edward was Ethelred's seventh son and was later canonized. He was the last king of the House of Wessex). The tax relief unfortunately proved short-lived. Shortly after Edward's death in 1066, the Normans conquered England and 'hideage' was reintroduced.



Ethelred_the_Unready
Ethelred the Unready, inventor of the heregeld tax, holding an oversized sword. Although he is generally referred to as 'the Unready', this translation of his nickname is actually incorrect: rather, it should be 'ill-advised' or 'ill-prepared'. In the original old English “Æþelræd Unræd”, the term 'unread' is actually a pun on his name.  'Ethelred' means 'noble counsel' (in modern German: 'Edler Rat') – his nickname thus juxtaposes 'noble counsel' with 'no counsel' or 'evil counsel'.
(Image source: Wikimedia Commons)



Sweyn_ForkbeardEthelred's nemesis, the Danish King Sweyn Forkbeard, likewise holding an oversized sword
(Image source: Wikimedia Commons)



Edward_the_Confessor
The man who abolished the heregeld tax, St. Edward the Confessor. It is noteworthy that he is usually not depicted holding an oversized sword (he was however reportedly not inexperienced in military matters. When Welsh raiders attacked English lands in 1049, they soon had reason for regret. The head of one of their leaders, Rhys ap Rhydderch, was delivered to Edward in 1052. The head was no longer attached to the rest of Rhys). Edward is probably not mainly remembered for this, but he gave England fifteen glorious years free of hideage tax.
(Image source: Wikimedia Commons)



As Murray Rothbard writes in 'The Ethics of Liberty' on the State's monopoly of force and its power to extract revenue by coercion:


“But, above all, the crucial monopoly is the State’s control of the use of violence: of the police and armed services, and of the courts—the locus of ultimate decision-making power in disputes over crimes and contracts. Control of the police and the army is particularly important in enforcing and assuring all of the State’s other powers, including the all-important power to extract its revenue by coercion.
For there is one crucially important power inherent in the nature of the State apparatus. All other persons and groups in society (except for acknowledged and sporadic criminals such as thieves and bank robbers) obtain their income voluntarily: either by selling goods and services to the consuming public, or by voluntary gift (e.g., membership in a club or association, bequest, or inheritance). Only the State obtains its revenue by coercion, by threatening dire penalties should the income not be forthcoming. That coercion is known as “taxation,” although in less regularized epochs it was often known as “tribute.” Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match. It is a compulsory seizure of the property of the State’s inhabitants, or subjects.
It would be an instructive exercise for the skeptical reader to try to frame a definition of taxation which does not also include theft. Like the robber, the State demands money at the equivalent of gunpoint; if the taxpayer refuses to pay his assets are seized by force, and if he should resist such depredation, he will be arrested or shot if he should continue to resist. It is true that State apologists maintain that taxation is “really” voluntary; one simple but instructive refutation of this claim is to ponder what would happen if the government were to abolish taxation, and to confine itself to simple requests for voluntary contributions. Does anyone really believe that anything comparable to the current vast revenues of the State would continue to pour into its coffers? It is likely that even those theorists who claim that punishment never deters action would balk at such a claim. The great economist Joseph Schumpeter was correct when he acidly wrote that “the theory which construes taxes on the analogy of club dues or of the purchase of the services of, say, a doctor only proves how far removed this part of the social sciences is from scientific habits of mind.”

(emphasis in original)
In the pages following this excerpt, Rothbard expertly demolishes numerous spurious arguments that have been forwarded in support of taxes by people claiming that they are somehow akin to voluntary contributions.

The Vote Changes Nothing

In the course of this disquisition Rothbard also discusses whether the democratic vote actually makes a difference in this context, whether, as he puts it, the “act of voting makes the government and all its works and powers truly “voluntary.”  On this topic he quotes from the observations of anarchist political philosopher Lysander Spooner, who wrote the following in 'No Treason:The Constitution of No Authority':

“In truth, in the case of individuals their actual voting is not to be taken as proof of consent. . . . On the contrary, it is to be considered that, without his consent having even been asked a man finds himself environed by a government that he cannot resist; a government that forces him to pay money renders service, and foregoes the exercise of many of his natural rights, under peril of weighty punishments.
He sees, too, that other men practice this tyranny over him by the use of the ballot. He sees further, that, if he will but use the ballot himself, he has some chance of relieving himself from this tyranny of others, by subjecting them to his own. In short, he finds himself, without his consent, so situated that, if he uses the ballot, he may become a master, if he does not use it, he must become a slave.

(emphasis added)
Discussing taxation in the same text, Spooner famously compares government to highwaymen. He is however not merely equating one with the other, but rather concludes that highwaymen are to be preferred. After all, neither are their activities attended by hypocrisy, nor are their demands without limit (we would add to this that no-one ever published learned papers advising them how to best go about grabbing more loot).

“It is true that the theory of our Constitution is, that all taxes are paid voluntarily; that our government is a mutual insurance company, voluntarily entered into by the people with each other. . . .
But this theory of our government is wholly different from the practical fact. The fact is that the government, like a highwayman, says to a man: “Your money, or your life.” And many, if not most, taxes are paid under the compulsion of that threat.
The government does not, indeed, waylay a man in a lonely place, spring upon him from the roadside, and, holding a pistol to his head, proceed to rifle his pockets. But the robbery is none the less a robbery on that account; and it is far more dastardly and shameful.
The highwayman takes solely upon himself the responsibility, danger, and crime of his own act. He does not pretend that he has any rightful claim to your money, or that he intends to use it for your own benefit. He does not pretend to be anything but a robber. He has not acquired impudence enough to profess to be merely a “protector,” and that he takes men’s money against their will, merely to enable him to “protect” those infatuated travelers, who feel perfectly able to protect themselves, or do not appreciate his peculiar system of protection.
He is too sensible a man to make such professions as these. Furthermore, having taken your money, he leaves you, as you wish him to do. He does not persist in following you on the road, against your will; assuming to be your rightful “sovereign,” on account of the “protection” he affords you. He does not keep “protecting” you, by commanding you to bow down and serve him; by requiring you to do this, and forbidding you to do that; by robbing you of more money as often as he finds it for his interest or pleasure to do so; and by branding you as a rebel, a traitor, and an enemy to your country, and shooting you down without mercy if you dispute his authority, or resist his demands. He is too much of a gentleman to be guilty of such impostures, and insults, and villainies as these. In short, he does not, in addition to robbing you, attempt to make you either his dupe or his slave.”

(emphasis added)
Somehow we don't think that Mr. Spooner would have been a very big fan of the IMF and its ideas.



LysanderSpoonerLysander Spooner had their number.
(Image source: Wikimedia Commons)



Conclusion:

The particular wealth tax proposal mentioned by the IMF en passant is odious in the extreme, especially as the wealth to be taxed has already been taxed at what are historically stratospheric rates.
It is noteworthy that the alternatives discussed by the IMF for heavily indebted states which are weighed down by the wasteful spending of yesterday appear to have been reduced to 'default' (either outright or via hyperinflation) or 'more confiscation'. How about rigorously cutting spending instead?
One must also keep in mind that any proposals concerning so-called 'tax fairness' are in the main about 'how can we get our hands on wealth that currently still eludes us'. People need to be aware that worsening the situation of one class of tax payers is never going to improve the situation of another. The IMF's publication is a case in point: in all its yammering about 'tax fairness', the possibility of lowering anyone's taxes is not mentioned once (not to mention that it seems quite hypocritical for people who are exempted from taxes to go on about imposing 'tax fairness' on others).
Lastly, a popular as well as populist target of the self-appointed arbiters of 'fairness' are loopholes, but as we have previously discussed, they are to paraphrase Mises 'what allows capitalism to breathe'. Closing them will in the end only lead to higher costs for consumers, less innovation, lower growth and considerable damage to retirement savings.



Loot_and_Extortion_-_geograph.org.uk_-_88390
Two apposite statues at Trago Mills, UK, dedicated to HM Inland Revenue – Loot & Extortion.