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Martin Armstrong Warns "Abandon The UK Before You Can't"

Tyler Durden's picture




 

The following is a new ad campaign in Britain.

As we have warned numerous times - muddle-through has failed; Martin Armstrong notes, the politicians have squandered everything and now they are hunting down capital everywhere and the view is people have to pay whatever they demand or you are just a criminal. Nobody even bothers to look at what they are doing to the world economy.

These advertisements are appearing everywhere and they will only succeed in created the worst economic collapse since the Great Depression.

 

Source: Armstrong Economics

 

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Tue, 04/22/2014 - 13:55 | 4683367 Bazinga
Bazinga's picture

No surprise..desperate bitches all of 'em!

Tue, 04/22/2014 - 14:05 | 4683423 Harbanger
Harbanger's picture

Simple. The rich need to pay their fair share of taxes.  The problem is not the gov. they are here to protect us.

Tue, 04/22/2014 - 14:10 | 4683454 Pladizow
Pladizow's picture

The collapse is needed to justify banker and politician extermination!

Tue, 04/22/2014 - 14:14 | 4683475 fonestar
fonestar's picture

Bitcoin, the ultimate tax haven.

Tue, 04/22/2014 - 14:16 | 4683488 Pladizow
Pladizow's picture

 

Society is like a stew. If you don’t stir it up every once in a while then a layer of scum floats to the top.” - Edward Abbey

Tue, 04/22/2014 - 14:23 | 4683521 TruthInSunshine
TruthInSunshine's picture

I've been to London and "lesser" British cities many times.

If you don't make close to 7 figures annually, you'll live a very mediocre lifestyle in any area remotely near London's center.

Even if you live in flyover areas of Britain, you need to make more than 6 figures annually to live in anything that is not a depressing dump.

It's amazing to see/realize how ass reamed and blood sucked the average British debt serf is, but do not think Amerikans are NOT being herded down this very same path by the Federal Reserve, CONgress, TOTUS and other lackeys of the Money Masters (the debt-fiat conjurers).

Tue, 04/22/2014 - 14:30 | 4683551 AbbeBrel
AbbeBrel's picture

I only regret that I have but one uptick to click to show my opinion on your erudite'ish (??) (how do you say this in English) comment.

Tue, 04/22/2014 - 14:39 | 4683596 BaBaBouy
BaBaBouy's picture

Look What These Idiots TAX Already...

EU Fucking TAX + TAX + TAX +

Here in Britain people are indeed taxed yearly for owning a television. It’s actually called the TV Licence Fee and you can read more about it here on the TV Licensing website
The revenue from this tax is used to fund the BBC – shielding it from commercial reality and allowing it to propagate its leftist worldview to an increasingly global audience.
The TV Licence costs £131.50 for a colour television and £44.00 for a black and white television [like when was the last time you saw one of those?]. Anyone who owns a TV must pay the licence fee under threat of a harsh fine or a short prison sentence – whether they watch the BBC channels or not. Anyone purchasing a TV has to provide proof of their name and address and this information is then passed to TV Licensing. They then compare the information with the list of licence holders on their database to ensure the household has a TV Licence. A further compliance measure is the use of ‘TV Detector Vans’ which, believe it or not, trawl the streets of Britain looking for TV signals being received in unlicensed addresses.

AND

Brussels Wants to Tax Antennas for Wireless Internet

From the desk of Luc Van Braekel on Thu, 2007-03-22 23:07

Olivier Maingain

Olivier Maingain, the mayor of Sint-Lambrechts-Woluwe, one of the 19 Brussels boroughs, is planning to tax all "antennas for the transmission of data". Each antenna will be taxed a staggering 4,000 euros per year. Such antennas are used for WiFi or WLAN, i.e. wireless internet or wireless networks over relatively short distances. While the small antenna on your wireless router could theoretically be taxed, the new tax seems to target WiFi-antennas that can be seen from the outside, i.e. that are positioned on the outside of buildings. If the owner of the aerial cannot be identified the owners of the buildings have to pay the new tax.

Tue, 04/22/2014 - 14:56 | 4683698 0b1knob
0b1knob's picture

Is that Big Brother peeking out thru the hole?

Tue, 04/22/2014 - 16:57 | 4684167 Amish Hacker
Amish Hacker's picture

Little sister. Big Brother is watching her to make sure she is watching you.

Tue, 04/22/2014 - 18:06 | 4684370 BurningFuld
BurningFuld's picture

Is it just me our was that not a Monty Python clip.

Tue, 04/22/2014 - 16:08 | 4684008 angel_of_joy
angel_of_joy's picture

Why would anyone choose to live in that dinky foggy island, one of the most crowded places in Europe ? Just to top the lousy weather, the food over there sucks too.

There are plenty of much nicer places to spend your life, make a buck AND avoid obnoxious governments. But you have to move your ass, and give up the comfort of your daily routine first...

Tue, 04/22/2014 - 14:38 | 4683594 RafterManFMJ
RafterManFMJ's picture

The solution is really simple - increase 3rd world immigration even more, and double the bennies they get.

Being an island is a problem - you must actually fly in your 3rd worlders; Amurika is lucky as our third worlders can simply hoof it.

Never been to Enguland - can an average white guy jet in and get a council flat and cash assistance? I'm more than willing to breed wantonly and burn cars as required.

Tue, 04/22/2014 - 15:09 | 4683765 falak pema
falak pema's picture

one question ...whats WHITE gotta do with it, unless you worship the swastika; whch BTW was a racialist symbol stolen from that OTHER aryan heaven :  the Aryans of Veda; invasion of olde India! 

Bharat Natyan ! BTW,  the olde indians LOVE the fair skinned, not  the older dravidians of the nation they conquered; back when  India was dark continent. 

We all have our dark slaves to cope with. Being a slave to the South's flag was a sign of being a slave to olde regressionary trend; now soooooo resurgent! 

God bless the regressionists; future of the world ! 

Tue, 04/22/2014 - 16:18 | 4684035 Raging Debate
Raging Debate's picture

Falak - I get you but the majority NEVER will. Consider teaching concepts now - the global population is mired in issues and details and does not have time working harder just to eat to explore the level of details you offer up. The small minority that do are hedging properly. What is up is down, what is wrong is right. That cannot be sustained. Period.

Wed, 04/23/2014 - 08:05 | 4686005 Dangertime
Dangertime's picture

If you looked at crime statistics, alongside benefit assistance, you would see it is the non-whites who are demolishing the western white homelands.

 

Trends even show that whites have gone from 25% of the world population to a projected less than 10% by 2050.

 

But hey, we don't get free-$hit because we are not a "minority".  Instead we are attacked from all sides and called racist for pointing out any such facts.

Tue, 04/22/2014 - 14:42 | 4683617 QQQBall
QQQBall's picture

Daughter lives in London. Pays $1,500/Month GBP for a Studio apt.

Tue, 04/22/2014 - 15:02 | 4683724 falak pema
falak pema's picture

how many lovers does she have to make the clock go round? 

The daughter of my friend lives in London with a co-loc GF, as alone she can't make two ends meet.

I didn't ask her if she shared her lovers with the other GF!

The times they are a-changin.... 

Tue, 04/22/2014 - 18:10 | 4684376 Magooo
Magooo's picture

Try Hong Kong --- a 5th floor walk up in an old shitty building ---- 250sf studio ---  well over USD1000 per month.

You cant even call that a studio -- it is a decent sized closet

Selling price?  Approaching USD500,000!!!

 

I shit you not

Tue, 04/22/2014 - 15:22 | 4683808 Greenskeeper_Carl
Greenskeeper_Carl's picture

whats amazing to me, is here in America, we have gotten to witness what happened in Cyrus, we see this happening in Britain, and we see this hilarious MyRA VOLUNTARY(for now ) ponzi scheme, and people are still to fucking stupid to see this coming. I don't have a whole lot to steal, but my parents and grandparents do. My grandfather cashed out of everything 3 or 4 months before the crash a few years ago, and everyone thought he was crazy. Looks like a genius now. Ive tried telling my father, who is pretty well off, so buy just a tube of AGEs, since he can afford it, but he thinks its silly. He says buying gold as an inflation hedge can be done by buying GLD.... which, as he believes, cant be stolen, as physical gold in his house could. He is just asking to get fleeced, and there isnt a thing I can do about it.

Wed, 04/23/2014 - 03:05 | 4685664 Oliver Jones
Oliver Jones's picture

I know the feeling: My parents also won't listen, and when I back up my assertions with evidence, they just say "Oh, it's too depressing" or "I'm too old" or "I'm going to die soon, so why bother?"

I even posted an SD card with Mike Maloney's Hidden Secrets of Money on - all they had to do was put it in their Blu-Ray player and watch. They've never watched it - but they have plenty of time to watch endless Disney crap and X-Factor.

Some people just cannot be helped, no matter how much you try, or how much information you make available to them. They just want to remain asleep - and they'll get very angry with you if you try to wake them up.

To be honest, I can totally understand why central bankers hold the rest of us in utter contempt, and I would say that most of the human race, as it stands today, deserves complete and total enslavement at their hands.

Tue, 04/22/2014 - 14:28 | 4683541 BaBaBouy
BaBaBouy's picture

Look What These Idiots TAX Already...

EU Fucking TAX + TAX + TAX +

Tue, 04/22/2014 - 14:33 | 4683570 Dr. Kenneth Noi...
Dr. Kenneth Noisewater's picture

Have you tried turning it off and on again?

Tue, 04/22/2014 - 14:37 | 4683585 813kml
813kml's picture

Now you're talking sense, any percentage of zero is still zero.

+1000 votes

Tue, 04/22/2014 - 14:40 | 4683600 DFCtomm
DFCtomm's picture

How is it a tax haven. All you need to do to steal it is to see it. How would you keep the NSA from seeing your bitcoin stash when they have the ability to spy on your computer?

Tue, 04/22/2014 - 23:21 | 4685363 JustUsChickensHere
JustUsChickensHere's picture

Cold storage... eg. Brain wallet ... https://en.bitcoin.it/wiki/Brainwallet

Not stored on a computer = safe from NSA spying.

Tue, 04/22/2014 - 14:21 | 4683498 Harbanger
Harbanger's picture

The collapse, orchestrated by bankers and politicians, is needed to justify the need for world governance.

Tue, 04/22/2014 - 17:24 | 4684242 Monty Burns
Monty Burns's picture

Would have laughed at you ten years ago.  Not laughing now.

Tue, 04/22/2014 - 19:03 | 4684537 Things that go bump
Things that go bump's picture

They'd better hurry up then because they won't have much time to enjoy the fruits of their labor. We've reached just about peak everything and I don't expect world governance to work well in the dark ages 2.0.

Wed, 04/23/2014 - 06:22 | 4685804 dreadnaught
dreadnaught's picture

some unintended unforseen event COULD cause a sudden total collapse-"when you build with a house of cards, you cant complain about a sudden light breeze" -Me Apr 2014

Tue, 04/22/2014 - 14:50 | 4683656 jaxville
jaxville's picture

  Hopefully the collapse will light a fire under peoples butts that makes it happen. We can still exterminate them though regardless...

Tue, 04/22/2014 - 21:14 | 4685029 UselessEater
UselessEater's picture

IMO it is unlikely to be an overnight 'collapse' for everyone; rather some population sectors will be squeezed the most first and life will look reasonably normal for others for a period of time. This has the advantage of dividing and controlling the populace to an extent.

Tue, 04/22/2014 - 15:04 | 4683735 bobnoxy
bobnoxy's picture

Why does anyone still listen to this self-promoting horse's ass Armstrong?

Tue, 04/22/2014 - 14:14 | 4683470 Bluntly Put
Bluntly Put's picture

The productive rich, those who produce something and create jobs for others are beneficial for everyone. The parasitic rich who suckle off the government tit are cancerous, and they should be "taxed" by eliminating their crony system. Unforunately that won't help with our overall debt problems.

 

Tue, 04/22/2014 - 14:42 | 4683616 TruthInSunshine
TruthInSunshine's picture

Charlie Munger/Warren Buffett (KronyKomradesOfKapitalism) regarding the direct 17 billion USD in taxpayer bailouts they received post 2008:

"Suck it up, taxpayer bitchez!"

Tue, 04/22/2014 - 14:17 | 4683492 Seize Mars
Seize Mars's picture

Harbanger
Sorry bro I don't see it that way. There is no such thing as a "fair share." It's a lie. Somebody taking money without the givers' consent is a thief. It doesn't matter if a majority votes for theft, it's still wrong.
The government is not there to protect you. They are violent thieves.

Tue, 04/22/2014 - 14:23 | 4683520 Harbanger
Harbanger's picture

I fell on my head and became a progressive.

Tue, 04/22/2014 - 14:34 | 4683571 CH1
CH1's picture

Sometimes that sarc tag is required. :)

Tue, 04/22/2014 - 14:57 | 4683699 reTARD
reTARD's picture

Moar taxes! Income equality! If only the taxes were "better" targeted...

/sarc :)

Tue, 04/22/2014 - 17:10 | 4684202 BlindMonkey
BlindMonkey's picture

/MDB will suffice. 

Tue, 04/22/2014 - 14:37 | 4683588 AbbeBrel
AbbeBrel's picture

this isn't funny until you slow down a bit and look at the "connections" - pretty much like life (memory is relational and puns exploit two meanings from the same situation)

 

http://4.bp.blogspot.com/-vBrvgvbd9vA/UuWswpW3CVI/AAAAAAABQHc/a-WGmPD-73...

Tue, 04/22/2014 - 16:10 | 4684013 angel_of_joy
angel_of_joy's picture

Try another fall.

Tue, 04/22/2014 - 14:52 | 4683676 agent default
agent default's picture

Who is rich and how much is fair.  Enough with the nebulous soundbite crap.

Tue, 04/22/2014 - 14:06 | 4683433 Ignatius
Ignatius's picture

"Undeclared income" of those who can't afford to hide it.

Tue, 04/22/2014 - 14:15 | 4683486 HungryPorkChop
HungryPorkChop's picture

Does this also include banks that launder money for illict drug runners?  Just wondering?!

Tue, 04/22/2014 - 14:59 | 4683713 taketheredpill
taketheredpill's picture

 

 

Glory Hole?

Tue, 04/22/2014 - 15:08 | 4683754 DetectiveStern
DetectiveStern's picture

It's England. They're after bin men who sell pallets on the side not people offshoring profits.

Tue, 04/22/2014 - 13:57 | 4683369 yrbmegr
yrbmegr's picture

Did he actually use the word "abdandon"?  I guess not.  By the way, this is a pretty thin post.

Tue, 04/22/2014 - 14:01 | 4683399 Oh regional Indian
Oh regional Indian's picture

He might have beein trying to say Abaddon.

Don't abaddon anything, bad noose.

And Martin is pithy like that.

Be warned!!!!! that... is an article right.....there!

ori

Tue, 04/22/2014 - 14:46 | 4683635 Drachma
Drachma's picture

Abbad-on, Apolly-on, etc. Evil finds its place in the winter months, or so said some old Egyptian sage. Article? Ori, you of all people should know you could fill a 50,000 page encyclopedia. Cheers.

Tue, 04/22/2014 - 14:01 | 4683376 JustObserving
JustObserving's picture

Will America abandon its poodle?

Church of England says we shouldn't be America's poodle 

http://blogs.telegraph.co.uk/news/georgepitcher/100033101/church-of-engl...

Tue, 04/22/2014 - 17:16 | 4684221 TheObsoleteMan
TheObsoleteMan's picture

And just who is the head of the Church of England? You got your answer. Want another buscuit?

Tue, 04/22/2014 - 13:59 | 4683384 Dr. Engali
Dr. Engali's picture

Counter ads need to be placed throughout Britain reading "We are Closing in on Bankers and Politicians". Put a picture of a banker scoped in on the fliers for good measure.

Tue, 04/22/2014 - 14:05 | 4683419 Al Huxley
Al Huxley's picture

Or a picture of a nail gun...

Tue, 04/22/2014 - 14:11 | 4683460 pods
pods's picture

Wait till the banners for Norsefire start showing up.

"Strength Through Unity, Unity Through Faith"

pods

Tue, 04/22/2014 - 15:24 | 4683817 NoDebt
NoDebt's picture

<--------- Nail Gun.

 

I like that idea.

Tue, 04/22/2014 - 13:59 | 4683387 _SILENCER
_SILENCER's picture

I'll bet the Brits these days are regretting rolling over like chinless, banger-bloated, tweed wearing, pipe-smoking nitwits for giving up their guns.

Tue, 04/22/2014 - 14:01 | 4683403 Fuh Querada
Fuh Querada's picture

Actually they are now mainly Rumanian and Bulgarian.

Tue, 04/22/2014 - 15:22 | 4683809 Bytor325
Bytor325's picture

I'll bet the Brits these days are regretting rolling over like chinless, banger-bloated, tweed wearing, pipe-smoking nitwits for giving up their guns.

 

I doubt it.....as long they can watch Man U on the telly and swill warm beer and spotted Dick, they're content to be the whine-assess of Europe.

Tue, 04/22/2014 - 16:41 | 4684104 beaglebog
beaglebog's picture

Nope.  Regretting nothing. Hating firearms more than ever.

 

We couldn't give a fuck about being enslaved.

 

We couldn't give a fuck about being treated as State Property.

 

Honestly, extermination would be too good for us. We deserve nothing better.

 

I am ashamed to be called English.

Tue, 04/22/2014 - 14:00 | 4683392 Fuh Querada
Fuh Querada's picture

It came out in the latest computation with his Commodore C64. 2015.3334529, bitchez.

Tue, 04/22/2014 - 14:07 | 4683438 Winston Churchill
Winston Churchill's picture

Sinclair z80.
Way before Commodore.

Wed, 04/23/2014 - 01:22 | 4685551 Tapeworm
Tapeworm's picture

I still have a perfectly working Zenith computer. When one considers how much was done with Z-80s that could only address 64k.........

 Of course NSA couldn't piggyback anything back then. There just wasn't room, now it is SOP to hog the total memory address of every old Z-80 computer in existence at the time in every shitbox of today.

Tue, 04/22/2014 - 14:28 | 4683396 medium giraffe
medium giraffe's picture

Don't worry.  In usual British style - the ad campaign will cost more than the bureaucrats will be able to generate.  The stupid pricks can't even figure out the right tax code for my father's pension, even though it's on their own website.

I wonder though, will foreigners bringing capital into London still be tax exempt?

Actually, don't bother answering that question...

Tue, 04/22/2014 - 14:04 | 4683397 yrad
yrad's picture

The red-coats are coming!

Is that Cameron's reflection in the poster?

Tue, 04/22/2014 - 14:07 | 4683421 Charles Wilson
Charles Wilson's picture

"The red-coats are coming!"

After paying the Import Duty on the cotton and VAT on the red dye...

Tue, 04/22/2014 - 20:51 | 4684942 Lost Word
Lost Word's picture

Henry Makow tweet called Cameron a Freemason.

Maybe that is England's problem.

12h

Freemason David Cameron's shameless pandering to UKIP vote- Says UK is a Christian country -

Tue, 04/22/2014 - 14:04 | 4683413 Telemakhos
Telemakhos's picture

Wow, hideous fonts and an overtly Orwellian poster.  The British government certainly knows how to present an oppositional stance against its own citizens.  Their "Keep Calm" posters presented a totally different face; it's amazing to see how far they've changed.

Tue, 04/22/2014 - 14:52 | 4683678 Citxmech
Citxmech's picture

Orwell is rolling in his grave.

Tue, 04/22/2014 - 15:13 | 4683778 FullFaithAndCretin
FullFaithAndCretin's picture

Orwell better quiet down or they will slap some royalty taxes on his ass

Tue, 04/22/2014 - 16:08 | 4684012 JenkinsLane
JenkinsLane's picture

I remember reading an interview from a Singaporean Minister who was a student in London

during the 1950s. He witnessed Brits taking newspapers, paying for them and taking

whatever change they required without a person actually selling the newspapers - it was all

done on the basis of honesty. He said when he saw this he thought to himself,

"Now this is a civilised country".

 

Long, long gone but nice to know what parts of the UK once were.

 

p.s. The "Keep Calm and Carry On" posters were never actually displayed. They were

only to be displayed following a major attack, aerial I think, from the Germans.

 

Tue, 04/22/2014 - 17:36 | 4684275 Omen IV
Omen IV's picture

NYorkers did the same and do it today along the MTA at each station  - westchester etc

not unique to UK

 

Tue, 04/22/2014 - 14:05 | 4683422 Peter Pan
Peter Pan's picture

Wait for retrospective taxes regardless of whether the income was declared.

 

Tue, 04/22/2014 - 14:05 | 4683424 stkboy
stkboy's picture

Why is this type of ad or approach a huge problem? It seems the rich hide money offshore and the poor have social assisatance, which leaves the middle class to pay more than their fair share of the tax burden. I can see the current system is not sustainable as the underground economy is growing as more and more people are doing cash deals under the table. Do we want a society like Greece, Spain or Italy? We need a better system.

Tue, 04/22/2014 - 14:08 | 4683447 Al Huxley
Al Huxley's picture

Because they might as well just be right the fuck up front about it and say 'big brother is watching you', that's why.  Same reason the 'department of homeland security' is offensive in the US - why didn't they just go straight to 'fatherland'?

Tue, 04/22/2014 - 15:13 | 4683776 Tinky
Tue, 04/22/2014 - 14:30 | 4683554 Kayman
Kayman's picture

Why is this type of ad or approach a huge problem?

Because not one person behind the ad is poor !  It's all about how to squeeze people that have to live underground (at least partially) in order to survive.

Meanwhile a bankster can lie, steal your savings and laugh in your face and his political poodle will say, "too bad, so sad".  Now go fuck yourself.

Huge problem ? Hell yeah.

Tue, 04/22/2014 - 15:26 | 4683832 LooseLee
LooseLee's picture

Personally I beleive only a token amount of one's labor should be taxed to uphold the rule of law and provide essential services to the collective. Taxes on unearned income, on the other hand, should fill any gaps. Unfortunately, since the current system cannot be changed overnight, I feel those who have disprportionatley benefited (e.g. 'gamed') from the current crony capitalist system should have much more 'skin in the tax game' than the average Joe. Anyone with government contracts, lobbyists on the payroll, and corporations in general (they are 'people' remember) should pay more taxes than those who are not part of that group. While I fully understand that taxes are not 'the way' to good and just economics, unfortunately, since the few have benefited from the current unjust system---they should bear the brunt of any tax increases, Moreover, anyone who makes a 'profit' from 'nothing' (e.g. banks) should pay tax at the highest rate.

Tue, 04/22/2014 - 15:26 | 4683831 Bytor325
Bytor325's picture

It seems the rich hide money offshore and the poor have social assisatance, which leaves the middle class to pay more than their fair share of the tax burden

The rich paid for the poor social assistance.......they want to hide a few shillings, more f-in power to them.

The only 'fair share' of taxes is a flat dollar amount, it costs you X pounds or X dollars to be a Brit or an American.

Tue, 04/22/2014 - 15:34 | 4683875 LooseLee
LooseLee's picture

The 'rich' (in most cases although not all) got that way by gaming an unjust system which created more 'poor' to be dependent upon said system...Why shouldn't they pay more? They benefited more; they should pay more. Now, if you want to talk about establishing a 'just' system---then and only then can you talk about a 'just' system of taxation....Unfortunately, the 'rich' (again, most not all) are not interested in a 'just' system since that would require them to 'work' for their living... BTW, a fiat currency 'system' tied to gold (or other hard assets) would be necessary to establishing any 'just' system....

Tue, 04/22/2014 - 16:58 | 4684159 Raging Debate
Raging Debate's picture

LooseLee - Have you ever heard the expression the horse has left the barn? What would be better is if the rich couldn't lobby the political system in the first place.

I have an idea. Make it extraordinarily expensive to do so in the first place. Have 10,000 representatives in government. But that cannot happen prior to the next world war where people wake up via immense pain. I don't wish that but I am a realist not a wish fairy.

Tue, 04/22/2014 - 15:28 | 4683840 messystateofaffairs
messystateofaffairs's picture

I'm sure you are a fine upstanding citizen who obediently accepts their mugging and butt raping from your duly elected "representatives". You should understand that just because you enjoy being robbed does not mean everyone else should choose to join you. Go pay your taxes in peace and let others figure out how to go about morally laudable evasion.

Tue, 04/22/2014 - 16:42 | 4684100 Raging Debate
Raging Debate's picture

Stkboy - I upvoted for your general understanding of why governments tax the middle class dispraportionally. I think you got the downvotes for supporting the ad campaign or perhaps thinking this is the solution by referencing other banana republics.

After the rich loot the system (politicians and bankers - just call it Fascism) then comes Communism (You MUST share memo). Government states you must share now! They must continue living larger at your expense!

This doesn't work - EVER The government either shrinks and/or collapses or is conquered. Those are the three outcomes. Attempting to claw back the wealth doesn't work - The wealthies know what is coming after they loot so they move it to another country that offers them lower tax breaks for investing it there and higher interest rates on savings.

Your choices are threefold also:

1) Find a lifestyle to have less to tax (that can include spending more time and money on tax sheltering)

2) Move

3) Attempt to defy gravity to become rich and then do option 1 or 2. This option in this cycle is very difficult. I opt for #1 here in America.

Wed, 04/23/2014 - 01:37 | 4685574 Tapeworm
Tapeworm's picture

I need advice on how to use machine tools that weigh up to 60 tons, and keep it away from the looters.

 Nah, the loss of small company manufactures will eat out the heart of this modern welfare state.

 Firstly, no one wants to get into manufacture and even if they are successful they are such easy prey of the goomint and their clients.

 In the "heartland" of US manufacture the locals think that anyone that is not insolvent and gone is "RICH".

 Those that make the claims haven't the slightest interest in learning how we milk cows got so Rich, they are only interested in gutting we slow movers that have hundreds of tons of productive equipment that cannot be moved.

Wed, 04/23/2014 - 01:27 | 4685560 Tapeworm
Tapeworm's picture

Yeah, there is a growing "black market" economy. Just where does that leave the slobs like me that engage in manufacture that cannot be off books.

 The remnant of the manufacturing middle class is wrapped up and gone. Who will cover that void?

Tue, 04/22/2014 - 14:05 | 4683428 Otto Zitte
Otto Zitte's picture

She's got sanpaku eyes

Tue, 04/22/2014 - 14:06 | 4683439 Al Huxley
Al Huxley's picture

Wow, very Orwellian poster I must say - kudos to the designers, they've managed to invoke a nice, 1984-ish sensibility there.

Tue, 04/22/2014 - 14:14 | 4683473 Ralph Spoilsport
Ralph Spoilsport's picture

I wonder how many of these are posted within the "City of London".

Tue, 04/22/2014 - 14:20 | 4683457 JuliaS
JuliaS's picture

Not as blatant as the American version.

 http://imageshack.com/a/img507/9816/obamagr.jpg

Tue, 04/22/2014 - 14:11 | 4683458 TrustWho
TrustWho's picture

Bundy in America demonstrates the coming clash. Who serve who? This is the question I believe. 

Tue, 04/22/2014 - 14:16 | 4683489 Yen Cross
Yen Cross's picture

  Go to Gov.uk/sortmytax  < really means> Go to fuckyou/payme.uk

Tue, 04/22/2014 - 14:24 | 4683527 Telemakhos
Telemakhos's picture

Going there also leads you to http://www.hmrc.gov.uk/reportingfraud/online.htm , where you can anonymously inform Her Majesty's tax authorities about the nefarious activities of your fellow British citizens (or of them damned redcoats if you're from the US).  I wonder what would happen if someone started a viral campaign to get impressionable hipsters to report everyone in the City of London as a "statement" about banksters and fraud.  Probably not hard to do, and kids like filling out forms online (videas change.org).

Tue, 04/22/2014 - 14:18 | 4683495 Jstanley011
Jstanley011's picture

So, are they posting these in stalls in the public loo? Appropos, I'd think. And not just because -- it's my understanding -- that nowadays that's where a lot of the "undeclared income" gets earned over there...

Tue, 04/22/2014 - 14:18 | 4683496 kurt
kurt's picture

Stick Your Dick In the Glory Hole

 

 

Tue, 04/22/2014 - 14:19 | 4683502 GooseShtepping Moron
GooseShtepping Moron's picture

They could have just used this. Tuppence in the bank, and all that.

Tue, 04/22/2014 - 14:22 | 4683506 Ribeye
Ribeye's picture

"we're closing in on your undeclared income"

"and we're so close that instead of just catching you, we're going to run an ad campaign telling you how close we are, in the vain hope that you'll get scared and turn yourself in"

"that's how close we are"

 

desperate morons, 

Tue, 04/22/2014 - 14:21 | 4683507 seek
seek's picture

It's not them going after undeclared income that worries me.

It's them going after documented savings that should keep people awake at night.

Tue, 04/22/2014 - 14:22 | 4683514 Bill of Rights
Tue, 04/22/2014 - 14:23 | 4683518 AbbeBrel
AbbeBrel's picture

Humm when you trade Food Stamps for soda -> drugs (via a Barter Agreement) is:

 

This a deductable expense (if it is related to your Bizness) or is it actually undeclared "income"?    I am rather confused here.  Maybe it is only undeclared income in GB.

 

http://www.zerohedge.com/news/2014-01-18/vast-stretches-impoverished-app...

 

Tue, 04/22/2014 - 14:29 | 4683547 Shizzmoney
Shizzmoney's picture

Jesus that looks scary.

Obviously this is going after the small fish.  All of those Saudi Royals, the Chinese billionaires, and TBTF bankers who live and do business from the City of London: they get looked over.  

Lobbying dollars well spent.

Tue, 04/22/2014 - 14:29 | 4683548 Shizzmoney
Shizzmoney's picture

Jesus that looks scary.

Obviously this is going after the small fish.  All of those Saudi Royals, the Chinese billionaires, and TBTF bankers who live and do business from the City of London: they get looked over.  

Lobbying dollars well spent.

Tue, 04/22/2014 - 14:30 | 4683555 yrbmegr
yrbmegr's picture

Who?  Oh, never mind.

Tue, 04/22/2014 - 14:31 | 4683560 Itchy and Scratchy
Itchy and Scratchy's picture

Pleeease release me let me go ....for I don't love you anymore ......

Tue, 04/22/2014 - 14:36 | 4683583 Racer
Racer's picture

They are not satisfied with the many taxes they impose already:

inflation tax, inheritance tax, capital gains tax, income tax, council tax, road tax, petrol tax, insurance tax, value added tax, diesel tax, electricity tax

I have probably forgotten to include a lot of others as well!

Tue, 04/22/2014 - 14:43 | 4683620 NoDecaf
NoDecaf's picture

I believe they are satisfied with the many taxes so far...

They just want MOAR!

Tue, 04/22/2014 - 14:39 | 4683597 epicurious
epicurious's picture

The pace of the unravelling is accelerating her in Puerto Rico as the English language radio station El Oso states that "because of the current depression we are cutting back on our hours as advertising revenues drop off".  Wow truth from the media.  A novel idea.

Tue, 04/22/2014 - 14:45 | 4683626 Flakmeister
Flakmeister's picture

The only problem with Thatcherism is that you eventually run out of North Sea Oil....

Flakmeister

 

From an old OilDrum.com hand

http://www.euanmearns.com/wp-content/uploads/2014/04/uk_energy_balance.png

Tue, 04/22/2014 - 14:53 | 4683684 falak pema
falak pema's picture

Flak, don't rub it in...

Next you'll be saying that Joe Biden is an Avatar ! He doesn't really exist! 

Tue, 04/22/2014 - 15:05 | 4683745 MEAN BUSINESS
MEAN BUSINESS's picture

Any idea what's up with DOTE? DOS'd? Done?

Tue, 04/22/2014 - 17:16 | 4683992 Flakmeister
Flakmeister's picture

Site looks pretty messed up still...

http://peakwatch.typepad.com/decline_of_the_empire/

A good site to follow though...

Tue, 04/22/2014 - 17:22 | 4684235 cougar_w
cougar_w's picture

will, thanks

Tue, 04/22/2014 - 23:05 | 4685317 MEAN BUSINESS
MEAN BUSINESS's picture

Flak, just checked, he's back. I don't know anything about these attacks (we're just musicians ya know) and was concerned Dave would dissappear into the cybersea permanently : (

Thanks

Tue, 04/22/2014 - 14:47 | 4683640 Rising Sun
Rising Sun's picture

LMFAO!!!!

 

England living out its glory days - the days of the banana republic are in play.

Tue, 04/22/2014 - 14:51 | 4683666 the grateful un...
the grateful unemployed's picture

this marketing strategy its really big brother, replaced with some large soft girlish eyes ( the oldest profession still sells consumer products) looking through a tear in a paper wall, which is actually the ghostlike image of a photograph, (red stop lights) superimposed (someone is walking toward you or away from you cant tell is it your neighborhood, anyones neighborhood?) the bridge of her nose is so diminutive that if you try to project the idea of that nose down onto her face you can't. the eyebrows are raised, and emphatic. the eyes themselves are a military shade of green. seems certain the lower right corner of her face was photoshopped to create the illusion of someone standing behind this wall (big brothers face, like uncle sam, has no background) this slight change shifts the persons significance from symbolic or ideological, to personal, and social, she represents part of something, justice for the 99%?

why arent there any corporate logos in the background? ah the bait and switch. now big sister is watching you, like the furniture girls in Soylent Green, for the 1%. its the oldest scam in the world. the smell of the bakery shop, but no bread to eat.

it could just as easily be a poster for obamacare (who looks at posters anyway? bankers walking down the street?) this message is for the oppressed, relax. big sister is watching

Tue, 04/22/2014 - 15:09 | 4683764 FullFaithAndCretin
FullFaithAndCretin's picture

You have done this before.

Tue, 04/22/2014 - 15:37 | 4683889 the grateful un...
the grateful unemployed's picture

first time i've seen this poster. i am sure that the consumer doesn't believe that this much rational decisionmaking goes into the making of art, that the artist has a sacred connection to some higher power which cannot be expressed verbally. they don't believe that, but they are more than gracious to allow the myth of the artists ability to retrieve subconscious messages to continue (and the lack of responsiblity. if some things resemble another image, who is to say?) who is the audience exactly there is the first question, i don't think it is the people with undeclared income

Tue, 04/22/2014 - 17:07 | 4684195 Raging Debate
Raging Debate's picture

Theungrateful - Ahh a man that understand the importance of symbolism and repeated impressions! A shame governments that also understand this are too lazy to write business plans to recover quicker. That is what it is all about in the end, an attempt for the path of least resistance to comfort. It is a paradox of evolution. One must learn to avoid pain or have pain thrust upon you to learn!

Tue, 04/22/2014 - 14:52 | 4683671 falak pema
falak pema's picture

But, but, but;  English is the MOST DYNAMIC language in the world.

Do they understand what they do?

Dear Father, thou who art in heaven!...

Tue, 04/22/2014 - 14:57 | 4683701 smacker
smacker's picture

"These advertisements are appearing everywhere and they will only succeed in created the worst economic collapse since the Great Depression"

What does one expect from a Conservative socialist coalition government??

Whereas Cameron is a know-little PR stunt man, Chancellor Osborne is a fully fledged Keynesian banking crackpot. And a liar.

Tue, 04/22/2014 - 14:59 | 4683711 messystateofaffairs
messystateofaffairs's picture

This type of strategy produces a smaller overall economy with a higher portion of what is left going underground in a more skilled and structured way. That's the mechanics behind the Laffer curve. Just consult with the free market underground traders of your local IMF restructured debt slave banana republic to get advice on how its done.

Tue, 04/22/2014 - 15:01 | 4683718 reTARD
reTARD's picture

The problem with taxation is NOT the degree or the progressive scaling, but taxation itself. Even a 1% tax rate would require the apparatus of tracking and enforcement to be in place in case there are those who still cannot see how taxation is theft itself. But you're "free" people, right?

Tue, 04/22/2014 - 15:15 | 4683785 LooseLee
LooseLee's picture

I guess this means new highs in the FTSE right around the corner!

Tue, 04/22/2014 - 15:29 | 4683844 homiegot
homiegot's picture

Check the background of that poster. I see crumbling buildings in the background.

Tue, 04/22/2014 - 15:33 | 4683867 rosiescenario
rosiescenario's picture

...and meanwhile, back here in their former colony, we once again face taxation without representation....

Tue, 04/22/2014 - 15:34 | 4683871 flysofree
flysofree's picture

These advertisements are appearing everywhere and they will only succeed in created the worst economic collapse since the Great Depression.

 

.....and you just have to attend one Armstrong's or  Doug Cassey's seminars to find out how to avoid paying taxes and where to stash your loot. Armstrong is becoming one of the biggest banker shills in the business. Who knows, perhaps he's up to run JPM's wealth management division or maybe head Goldman Sachs.

Tue, 04/22/2014 - 15:59 | 4683971 the grateful un...
the grateful unemployed's picture

http://armstrongeconomics.com/2014/04/13/thomas-piketty-another-economis...

If you look at the numbers, even in Britain the top 1% pays 33% of all income tax. The consumption taxes account for 45% of all revenue. He fails to address the total cost of government or the fact that they produce NOTHING towards the wealth of a nation and only consume it. You cannot reasonable expect the “rich” to continue to work as hard and pay 80% of all taxes as he advocates. Why work if you cannot keep your earnings? The more social programs government creates, the higher the burden of paying for public services fall upon the people who use them while politicians always argue they will force the rich to pay so they get something for nothing.

 

the salient issue is that business has automated away most jobs, while the economy remains as robust as before, and at one end of issue are those who argue only the owners of the machines (business) should benefit, and not the workers who are no longer needed (which is social darwinism) of course those machines were designed to do a human task, and to emulate the best workers (scientific management) do those workers retain the intellectual rights to their efforts? copyright infringement, and to what purpose do you impoverish consumers of your product, that's certainly not a corporate solution (though it might be a individual choice, much as the robber barons put wealth ahead of their workers and consumers in order to create economic growth) its wearisome that the issues are seldom discussed above the base and historically embarrassing level of past grievances, and obsolete labor management relations.

Tue, 04/22/2014 - 15:47 | 4683925 Oldrepublic
Oldrepublic's picture

Seems that the famous British patriotic song, Rule,Britannia needs some revision as the line:

“Britons  never will be slaves” is no longer apt.

Tue, 04/22/2014 - 17:24 | 4684240 The Abstraction...
The Abstraction of Justice's picture

It never was. I've always considered it a propaganda piece, selling Englishmen on the dreaded Act of Union of 1707. Stuff that.

Tue, 04/22/2014 - 16:14 | 4684021 JenkinsLane
JenkinsLane's picture

Armstrong's conclusion may turn out to be correct but his reasoning is not.

He should spend some time reading the following blog to understand how things

work in the UK with respect to his premise:

http://www.taxresearch.org.uk/Blog/

 

We have what can best be described as a "Leona Helmsley Tax Regime" in the UK.

 

Armstrong should also read "The Great Tax Robbery" by Richard Brooks, which

further supports Murphy's work.

 

 

Tue, 04/22/2014 - 17:13 | 4684212 world_debt_slave
world_debt_slave's picture

Orwellian, how quaint.

Tue, 04/22/2014 - 17:20 | 4684229 Yttrium Gold Ni...
Yttrium Gold Nitrogen's picture

Now, where have I seen this before?
Look at pic #18.

Tue, 04/22/2014 - 17:29 | 4684258 sondernauch
sondernauch's picture

The bird is definitely hovering in the air.

Tue, 04/22/2014 - 18:14 | 4684389 willy wonker
willy wonker's picture

i dont know what kind of lifestyle you lead that requires a 7 fig salary to live in uk lol, i live in london at the end of a tube line about 12 miles from charing cross which is used as the centre of london for road signs etc and to have a decent life in london you need about £60k a year (approx $100k) you could get a mortgage at 4x income giving you a price bracket of £240k which would probably buy you a 2 bed flat in this area.

outside of london you would have more options especially the further north you go, uk is london centric, most of the jobs and wealth are here.

as for tv licence havent watched tv in a year now youtube has everything i need from old british classic films to serials i remember as a kid, and loads of indie docs etc. i have been harrassed non stop though by tv licence people, couintless letters threatening to take me to court, numerous visits by 'enforcers' who soon fuck off when you stick a camera in their face. the law is you only need a tv licence to watch 'live ' programming ie as its broadcast from any station in the world!! its ok to watch it on catch up tv though.

dont get me wrong though the place has changed so much, especially with regard to immigration. the population of uk was stable at about 56million from the 50s to the late 90s now official estimate is about 63 million but a major supermarket has estimated based on staple food sales that population is probably nearer 75-80 million.

no one takes farage seriously hes a jester, with a small audience, george golloway mp is much more hardcore look him up on youtube

uk suffers from the same malaise as rest of western world - self obsession

i read zh everyday and the comments are always better than articles - thanks folks

give this anti eu tune a minute http://www.youtube.com/watch?v=gdZsJ6k32Gc

 

Tue, 04/22/2014 - 21:02 | 4684986 Lost Word
Lost Word's picture

Farage has a very high level of support among readers of the UK Daily Mail newspaper web page.

Tue, 04/22/2014 - 18:20 | 4684406 Smiley
Smiley's picture

It would appear that a person needs to be a full fledged sociopath in order to have a successful career in government. 

Seriously; who thinks this is the way to make the world a better place to live?

Tue, 04/22/2014 - 18:49 | 4684484 paul.bismuth
paul.bismuth's picture

Threat and fear campaigns are an everyday thing here in good old UK...

It is actually impossible to step outside without being assaulted by campaigns stating that "if you have declared all your income, you have nothing to fear", enouraging you to snitch on "benefits cheats"...the list goes on... 

The atmosphere is as oppressive as it gets, and I am not even sure that the peeps that put these ads together realize the fucking Orwell-ness of it all.

This year, our dear Government have invented a new concept: "pay upfront retrospective taxes"...a fucking oxymoron if there ever was one! basically it is a "pay now, argue later / you are guilty until you can prove you are innocent" approach to tax arrangements, whereby you have to pay before any liability has been determined....retrospective to 2004... Of course, since you will have paid the tax upfront (they call it "payment on account"), you will have no resources to ever try and fight it in court...GAME OVER!!!!

Officially, it is in the name of fighting "tax avoidance" (which they are trying hard to amalgamate with tax evasion!!!)
Cause everyone has to pay their "fair share" (=maximum tax), y'know... 

Verily, the creativity of the overlords knows no limits when it comes to screwing the plebs sideways...

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