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Fighting The "War on Terror" By Banning Cash

Tyler Durden's picture




 

Submitted by Joseph Salerno via Mises Institute,

It was just a matter of time before Western governments used the trumped up "War on Terror" as an excuse to drastically ratchet up the very real war on the use of cash and personal privacy that they are waging against their own citizens.

Taking advantage of public anxiety in the wake of the attacks on Charlie Hebdo and a Jewish supermarket, France has taken the first step.  It seems the terrorists involved partially financed these attacks by cash, as well as by consumer loans and the sale of counterfeit goods. What a shockeroo!

The terrorists used CASH to purchase some of the stuff they needed--no doubt these murderers were also shod and clothed and used  cell phones, cars, and public sidewalks during the planning and execution of their mayhem.   Why not restrict their use?  A naked , barefoot terrorist without communications is surely less effective than a fully clothed and equipped one. 

Despite the arrant absurdity of blaming cash and financial privacy for these crimes,  French Finance Minister Michel Sapin brazenly stated  that it was necessary to "fight against the use of cash and anonymity in the French economy."

He then announced extreme and despotic measures to further restrict the use of cash by French residents and to spy on and pry into their financial affairs.

These measures, which  will be implemented in September 2015, include:

Prohibiting  French residents from making cash payments of more than 1,000 euros, down from the current limit of  3,000 euros.

 

Given the parlous state of the stagnating French economy the limit for foreign tourists on currency payments will remain higher, at 10,000 euros down from the current limit of 15,000 euros.

 

The threshold below which a French resident is  free to convert euros into other currencies without having to show an identity card will be slashed from the current level of 8,000 euros to 1,000 euros.

 

In addition any cash deposit or withdrawal of more than 10,000 euros during a single month will be reported to the French anti-fraud and money laundering agency Tracfin.

 

French authorities will also have to be notified of any freight transfers within the EU exceeding 10,000 euros, including checks, pre-paid cards, or gold.

*  *  *

Just remember... it's for your own protection.

 

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Mon, 03/23/2015 - 12:00 | 5918130 Pool Shark
Pool Shark's picture

 

 

"Gather ye Krugerrands while ye may..."

Mon, 03/23/2015 - 12:01 | 5918134 RU-GAY2
RU-GAY2's picture

cash is trash

Mon, 03/23/2015 - 12:08 | 5918165 chumbawamba
chumbawamba's picture

Enter black market cryptocurrencies.

I am Chumbawamba.

Mon, 03/23/2015 - 12:10 | 5918176 RU-GAY2
RU-GAY2's picture

yes, finally you are singing we tune!

Mon, 03/23/2015 - 12:15 | 5918196 Bay of Pigs
Bay of Pigs's picture

Good to see you are still kickin around fonestar...

How are the tropics?

Mon, 03/23/2015 - 12:30 | 5918243 RU-GAY2
RU-GAY2's picture

swimming in bits and bits, l0ving the bit-bitcheZ!

Mon, 03/23/2015 - 12:39 | 5918281 Silky Johnson
Silky Johnson's picture

Take a deep whiff motherfuckers! You smell that? That's freedom!

Mon, 03/23/2015 - 12:52 | 5918327 RU-GAY2
RU-GAY2's picture

The last large denomination notes ($500, $1000, $10,000) were discontinued in 1969.  Because even back then they knew things were going ELECTRONIC.  That's how far out of the loop your ZH reader is.... oh, just about 46 years!

Mon, 03/23/2015 - 12:58 | 5918348 Skateboarder
Skateboarder's picture

The power grid as you know it is only (less than) a hundred years old...

Mon, 03/23/2015 - 13:03 | 5918371 RU-GAY2
RU-GAY2's picture

Yep, and if it went down those little paper rectangles would also be worthless in a matter of days.

Mon, 03/23/2015 - 13:27 | 5918459 strannick
strannick's picture

Typical French. Anything to avoid a fight. Restrict lead because some of it is used to make bullets. Restrict blind dates because participants utilize anonymity. Chips in our heads will make everyone so much more accountable.

Mon, 03/23/2015 - 14:39 | 5918701 nope-1004
nope-1004's picture

French authorities will also have to be notified of any freight transfers within the EU exceeding 10,000 euros, including checks, pre-paid cards, or gold.

 

lmao.  I thought gold wasn't a currency?

Also, why no mention of bitcoin?  Oh ya, that's right, because bitcoin is borderless, whereas gold.... has...  borders?!?

 

Mon, 03/23/2015 - 15:45 | 5919029 Pinto Currency
Pinto Currency's picture

 

 

It is now. 

Texas is fixin' to remonetize gold and silver:

http://thewealthwatchman.com/a-us-state-on-the-verge-of-a-silver-gold-revolution/

Gold and Silver Legal Tender Bill: https://legiscan.com/TX/text/SB1245/2015

Texas State Bullion Depository Bill for legal tender transactions: https://legiscan.com/TX/text/SB989/2015

( Utah bill in 2011 previously made gold and silver legal tender: http://www.thenewamerican.com/economy/markets/item/4604-gold-silver-now-legal-tender-in-utah ).

 
Now Texas and Utah military invasion exercise by Feds this summer:

http://www.infowars.com/feds-preparing-to-invade-texas/

 

Are Texas and Utah full of terrorists?

Gold and silver terrorists?

Mon, 03/23/2015 - 16:11 | 5919160 Paveway IV
Paveway IV's picture

Economically, Texas doesn't need the U.S. one single bit. Which makes it the most dangerous terrorist organization in the entire U.S. - the entire federal government extortion scam revolves around the concepts of absolute control and absolute dependence. 

Can you imagine how fast the dual-citizens in Washington D.C. would fill their Depends if 27 million federal-tax-revenue-generating Texas meat units suddenly voted to leave and bailed out of the federal Ponzi?

They couldn't send in the U.S. Army to force Texas back into the fold because 1) there's a hell of a lot of Texans in the army, and 2) the average person would rightfully observe that if most Texans voted to leave the U.S., then they should probably have the freedom to do so. Half the army would desert rather than kill Texans for the benefit of dual-citizen bankers in Washington D.C. Imagine the chaos.

Mon, 03/23/2015 - 17:01 | 5919345 Pinto Currency
Pinto Currency's picture

 

 

 

 

There is a growing amount of speculation about the Jade Helm 15 exercises.

Also Texas produces oil.  Combining gold currency proposals with oil is not something that has worked well for Libya, Iran, Russia, etc.

 

Lots of chatter:

"... Further, it was announced that JH 15 would commence on July 15. However, I received credible and multiple reports that JH 15 is already underway and there is a lot about this drill that is not publicly available but the details are beginning to surface through back channels. A phone call to a  trusted source revealed that JH 15 is indeed underway and attacks upon the power grid are part of the drill.  In the meantime, we need to put all eyes on JH 15 as it relates to the topic of this article. However, there is a lot more that is beginning to surface about JH 15 that is equally devastating. Meanwhile, what is one to do with regard to an attack upon the grid? This will be the topic of a future article along with the JH 15 factor. ..."

http://www.thecommonsenseshow.com/2015/03/23/jade-helm-15-is-a-false-flag-takedown-the-power-grid-in-order-to-quell-all-resistance/

 

Mon, 03/23/2015 - 18:26 | 5919659 HedgeHammer
HedgeHammer's picture

Looks like Pinto is on the ball. Cudos to you my friend.

Mon, 03/23/2015 - 21:04 | 5920212 HedgeHammer
HedgeHammer's picture

I myself have read a few writings on this very subject, however as you say I haven't been able to confirm or deny as of yet.

 

Mon, 03/23/2015 - 21:02 | 5920117 Paveway IV
Paveway IV's picture

No 'speculation' necessary about Jade Helm 15, Pinto. It's such a clear violation of the constitution that a fucking monkey could win in court, providing the law wasn't rigged.

This is a continuation of the farce of 'Realistic Military Training' that SOCOM uses as a pretense to protect federal officials AND BANKERS from the public in a crisis and evacuate them to some 'safe' location. The big city versions are called Joint Urban Assault Training. Note that these exercises always involve a small group of select Special Forces that can be 'trusted' to protect bankers and feds, and always includes the 160th SOAR and their black helecopters to terrorize the little people and haul the bankers and feds fat 'saved' asses to some secret underground lairs. SF guys have quit the Army rather than be a part of the 160th Rat-Savers Regiment. The 'terrorists' they are trained to fight are angry U.S. citizens, not fake ISIS. Israel was the inspiration for these exercises because they're the experts at oppression.

These exercises are always billed as 'anti-terrorist', but always seem to involve extraction off the roofs of Federal Reserve or U.S. government buildings. Why the fuck would a terrorist attack a Fed District building? Would they threaten to withhold worthless economic reports from someone? That's not a terrorist threat - it's a public service!

At any rate, there is zero reason for the standing Army of the U.S. to practice armed assault and extractions on U.S. soil. It's so unconstitutional that they can only do this by invitation and approval of local governments (which still doesn't make it constitutional). They always con the locals into thinking they're being patriotic and supporting the country if they approve these operations IN SECRET. Why? Because the first thing the local citizens would want to know is why the hell are 160th BlackHawks flying right outside my window scaring the shit out of my kids and dog like we live in fucking 1960's Beriut? It's dangerous and unnecessary. It ALWAYS freaks people out and intimidates the little people - just like it was designed to do. Piss off the Feds and the 160th will be dropping jackboots with machine guns on your roofs (for your own protection, of course).

No idea if this is an actual slide deck the show locals, but it sounds like their ususal crap. Pay special attention to this item of slide #3: "...Letters of Invitations obtained from local officials (Mayor - County Commissions)..." They pretty much 'bribe' the locals with Humvees or APCs and old Army crap for the Bumblefuck County SWAT team. I'm sure some federal money comes their way too for being Stazi-friendly. Slide #7 "Why Texas?" explains "The United States Special Operations Command (USSOCOM) has conducted numerous exercises in Texas 8ecause Texans are historically supportive of efforts to prepare our soldiers airmen marines and sailors to fight the enemies of the United States"

Someone might want to point out to the little people of Texas that THEY are the potential enemies of the United States that the SF guys are practicing to take out. If there's ever supposedly any al Qaeda or ISIS guys in Texas, they'll be on the FBI's payroll.

The dickheads in Washington D.C. should put a little more time and effort into restoring the constitution and making the U.S. a country that the states WANT to be in, rather than training the SF to save their ass when then get done driving this country into the sewer.

Mon, 03/23/2015 - 21:34 | 5920305 Pinto Currency
Pinto Currency's picture

 

 

I suspect that these will not be extraction exercises.

Worst case they are large troop insertion exercises to suppress a sound money movement - just waiting for the invites back.

Mon, 03/23/2015 - 20:07 | 5920031 e_goldstein
e_goldstein's picture

"Are Texas and Utah full of terrorists?"

 Si.

Wed, 03/25/2015 - 08:05 | 5924591 thecrud
thecrud's picture

Terrorist religious nuts same thing.

Mon, 03/23/2015 - 15:49 | 5919066 commander gruze?
commander gruze?'s picture

/me thinks they just don't know what to do with this whole bitcoin thing so they choose to keep quiet on it not to make more stink. Perhaps they're unaware bitcoin is going to rip their statist asses into pieces in few short years.

Mon, 03/23/2015 - 15:55 | 5919096 RU-GAY2
RU-GAY2's picture

Preach on bitbrother gruze!  fonestar is with you!  And also with you!

Mon, 03/23/2015 - 16:18 | 5919197 HopefulCynical
HopefulCynical's picture

Bitcoin is just another Ponzi scheme, backed by nothing, just like FRNs. Good luck with that.

Mon, 03/23/2015 - 16:49 | 5919322 commander gruze?
commander gruze?'s picture

Oh dear... It would be excusable to show such ignorance in 2012.

Mon, 03/23/2015 - 14:39 | 5918721 Titus
Titus's picture

IAM-GAY: Europe still has $500 notes, thousands too I believe. The Russians are full of them when they travel.

Mon, 03/23/2015 - 16:14 | 5919177 Oracle of Kypseli
Oracle of Kypseli's picture

Greek banks have very few left. 

Mon, 03/23/2015 - 16:28 | 5919234 Againstthelie
Againstthelie's picture

2010: Italy bans cash transactions over 5000 EUR.

2011: Greece bans cash transactions over 1500 EUR.

Mon, 03/23/2015 - 13:25 | 5918467 Scoobywan
Scoobywan's picture

Yah, they didn't use paper money before electricty or anything

Mon, 03/23/2015 - 13:28 | 5918475 RU-GAY2
RU-GAY2's picture

Today's paper money is a thin veneer covering a digital iceberg.

Mon, 03/23/2015 - 13:49 | 5918532 SumTing Wong
SumTing Wong's picture

So why is it that governments now want to ban the use of said rectangles? Why did they do away with gold and silver? Is it a war on anything REAL? If they can control the digits, we're all screwed. Personally, I'm not selling any of my vegetables or a cow of mine, not even thinking about giving away a gun or some ammo, for something that is "virtual." I'll sell you a virtual gun for your virtual currency. I'll also sell you virtual veggies for the same. If you want something real, bring something real in trade. 

And I'm pretty sure this is where I'm supposed to say, "Motherfucker."

Mon, 03/23/2015 - 13:53 | 5918547 RU-GAY2
RU-GAY2's picture

So why do ZH posters love cash (produced by the Fed, their sworn love/hate enemy) if physical gold and silver can fulfil the same anonymity?  Why do they care if government "recognizes" it as money or not?  Do they need to feel validated, vindicated, officiated?  Why would you want their seal of approval if you truly believe in free markets instead of control?

Mon, 03/23/2015 - 14:09 | 5918588 Charming Anarchist
Charming Anarchist's picture

Forgive me but you are asking a lot of non-sequitur questions.  I am going to cut through your crap and get to the heart of the matter.  I use cash because the government compells me and my neighbors to use it to pay taxes. Otherwise, I would be happy to trade in bullion on a day to day basis ----- REASON:  It can not be counterfeited!! 

 

 

<<Why would you want their seal of approval if you truly believe in free markets instead of control?>> 

I do not want the government's seal of approval.  You are asking the wrong question.  The question you SHOULD be asking is this:  Why would the government refuse to accept bullion for tax payments???

 

I aint no statist.  I do not believe ANYBODY should be obligated to pay taxes.  However, if we are going to pretend the government gives a flying fuck for the tax-payer, then I am convinced the most despotic activities perpetrated by the deep state would be physically impossible if tax-payers were permitted to pay their bills in bullion.  Good money will chase out bad money. 

Mon, 03/23/2015 - 14:15 | 5918625 RU-GAY2
RU-GAY2's picture

Non-sequitur my ass!  This gets to the very heart of the matter and have NEVER received a single good answer from ANYONE on ZH!  Digital or Analog, they can't explain why they passively accept accept currency printed and shoved down their throats.  Or why they just don't actually USE physical silver in daily life?  Maybe it's just so much easier to bitch about it online, "why doesn't someone else go first?"  Or maybe they don't want to look like a jackass at the gas station arguing monetary theory with the cashier?

Mon, 03/23/2015 - 14:20 | 5918640 RU-GAY2
RU-GAY2's picture

Not that I expect any REAL answer... go ahead and junk away.  Because I know your hypocrisy exposed gets under your skin.  You actually don't hate the Fed and you really love the USD.  That's the only real conclusion that I can come to, you yearn for a return of the USD but you just want "your guys" to be running/abusing the show so this farce can live on another several decades.

Mon, 03/23/2015 - 14:36 | 5918702 Anusocracy
Anusocracy's picture

Recently, silver, as dollars, was being used as payment at some businesses in SE Michigan. I'm certain those transacting would have taken 1oz. Canadian or other silver, but they used silver dollars to avoid the hassle.

I have traded pens and hand tools for gas in rural areas.

The problem, as always, is government interference.

Mon, 03/23/2015 - 16:34 | 5919261 Herd Redirectio...
Herd Redirection Committee's picture

On a recent trip to South Africa, I could not help but enjoy frequent power outages, erm, loadshedding (the government euphemism).

During which your VISA/ATM card is useless.  But that could never happen any where else, right?  Not even during civil war, world war, revolution, currency devaluation?

Mon, 03/23/2015 - 15:09 | 5918879 chubbyjjfong
chubbyjjfong's picture

I think most here on ZH would accept Au or Ag.. or whiskey, or tools as payment or exchange for goods or services, I know I would.  Cash is the main medium of exchange for the rest as they still have faith in it.  Cash is accepted by the masses and is mostly untraceable so that is why I prefer to trade cash with them when I can. 

Mon, 03/23/2015 - 17:41 | 5919492 FMOTL
FMOTL's picture

IAMNOTGAYYET but I am kinda with you on this , dont know why ZH peeps hate on BC, it is after all a free market concept that definitely does have transaction uses and could be a potential skirt around the monopoly of force Federal Reservation script. Gold and silver is good store of value and potential transaction too. This is war on us the people , we need all the friends and tools in the box we can get. Fuck all this divide and conquer shit , dont fall for it

Mon, 03/23/2015 - 17:54 | 5919540 RU-GAY2
RU-GAY2's picture

Probably because the ZH reader would prefer a world where the Fed stays in control of things rather than be making the same amount of BTC/hr as a worker in Malaysia or Nigeria.

Tue, 03/24/2015 - 04:49 | 5920895 conscious being
conscious being's picture

The fundimental problem with bc, aside from .gov hacking is that its only up and running on a first-mover advantage. In the Fed fiat system, there is no barrier, to the Fed conjuring into existence, infinity quantities of fiat, diluting the value of all previously conjured FRNs. With bc, there is no barrier to entry for an infinite number of similar, competing systems diluting the "value" of all preexisting bc and bc-like systems.

bc does offer value for now as a way to get around capital controls and that's about it.

 

Mon, 03/23/2015 - 14:22 | 5918645 Jonas Parker
Jonas Parker's picture

"Non-sequitur my ass! "

OK, so what kind of gay sex is "non-sequitur" then? And no thanks, NOBODY wants to follow your ass...

Mon, 03/23/2015 - 14:24 | 5918651 RU-GAY2
RU-GAY2's picture

Like I said, didn't even expect a stab at a real answer....  losers and whiners.

Mon, 03/23/2015 - 14:27 | 5918664 blackholes
blackholes's picture

I just want to know if my dealer will start taking debit.

Mon, 03/23/2015 - 14:30 | 5918676 RU-GAY2
RU-GAY2's picture

Maybe, but anyone who has been in a major retailer during a power outage should know they won't take your cash either.  "Sorry our systems are down and no, I can't write down the sale, because ya know, that would be hard and involve effort and stuff like that so I'll just stand here and stare at you".  They would rather lose the sale than be bothered with cash.  So yeah, so much fer yer little theories....

Mon, 03/23/2015 - 21:51 | 5920344 Zoomorph
Zoomorph's picture

ZH users don't use silver/gold on a daily basis because they CAN'T, because nobody would accept it or because they'd end up arrested or in legal trouble. ZH users are conscious, powerless slaves of the system. Indeed, you wouldn't be wrong to call them "losers" in that sense, or "whiners" in the sense that many of them like to complain about it with indignity. Most of them dream of freedom, although I'm not sure how many plan for or would actually fight for it. In a sense, participating vocally in this community and in raising their children, etc, is "fighting" for it, and maybe that's the best many of us can do.

This all seems fairly obvious, so I don't know what you're having such a tantrum about.

Tue, 03/24/2015 - 02:27 | 5920803 flyingcaveman
flyingcaveman's picture

They're worthless right now!  Its just that most people don't realise it yet and I'll keep using them as long as people keep taking them.

Mon, 03/23/2015 - 13:13 | 5918409 Lesthan0
Lesthan0's picture

I recall buying my first used car with 500 bills and that had to be '79 or early 80's.  Or am I misremembering?

Mon, 03/23/2015 - 13:16 | 5918421 RU-GAY2
RU-GAY2's picture

Well they were and are still legal tender.  We brought in a bunch of clad Ike dollars to deposit and we teller did not want to take them.  Needed to speak to branch manager.

Mon, 03/23/2015 - 13:16 | 5918424 SumTing Wong
SumTing Wong's picture

I bought my last Honda Accord with twelve hundreds. That's the way to go. Who needs a brand new something when an older something will keep going and get better gas mileage?

Mon, 03/23/2015 - 12:53 | 5918331 pods
pods's picture

SOP for governments. As time moves on, the preservation of the government becomes the number one priority.  Preservation of government involves crushing a lot of small people.  People resist by staying below the radar. Cash allows (or did allow) this, so government tries to squash this.

A side effect is this removes the bank run by the common man as a danger to the banks. And we know that the banks and government are married.

pods

Mon, 03/23/2015 - 13:06 | 5918378 FreeMoney
FreeMoney's picture

+1 for government preservation

+1 for bank risk reduction

+1 for loss of anomynity 

 

Pods you have very perceptive comments.

I would also note, this event is completely ignored by the main media, at least until the american banks want it implemented here.  then the coverage will be about how bold the leaders are that suggest this protection for the people, and wouldn't we be prudent to follow safe lead of France.  Ignorance is strength again.

Mon, 03/23/2015 - 14:47 | 5918553 Ignatius
Ignatius's picture

This has a "mark of the beast" (can't transact without the seal of approval -- electronic account) biblical angle to it.

It's about control.

One thing I think I've learned:  redemption between man and his God is a personal bond, decision and choice.  Redemption does not eminate from some idealized tweek to social policy.  And this is key for our time as the powers try to convince the masses that redemption is achieved through social engineering.  I never understood Christianity nor its power until I figured this out.

Mon, 03/23/2015 - 16:20 | 5919207 Oracle of Kypseli
Oracle of Kypseli's picture

You can buy whatever you want by cash. You just have to report any transactions over 10k. Simple. 

Mon, 03/23/2015 - 19:55 | 5919985 SubjectivObject
SubjectivObject's picture

Wait for it:

SALE!   9999.99$

(tax and transfer included)

Mon, 03/23/2015 - 16:27 | 5919227 Seek_Truth
Seek_Truth's picture

Happy for you that your eyes are being opened.

"For our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil in the heavenly realms." - Ephesians 6:12

Mon, 03/23/2015 - 16:10 | 5919152 jaxville
jaxville's picture

  Banning (or severely restricting) cash just forces people into the financial sector.  It amounts on another tax on the poor as those of means can keep a high enough balance to not have to pay the myriad of service charges banks levy.

  The article fails to mention that the rules for cash payments are the same for cash withdrawals.   Time to get started on your local bank run.  It will take far more trips now so don't delay.

Mon, 03/23/2015 - 13:45 | 5918468 Thirst Mutilator
Thirst Mutilator's picture

 "Good to see you are still kickin around fonestar...

How are the tropics?"

 

~~~

 

HOWZ JAIL? [From NOT having reported your 'bragged about' capital gains taxes a few Aprils ago]

 

Howz the 'runnin from the IRS' life treating you?

 

Epic hilarity on ZH...

 

- The dude wants to 'school' everyone on [one particular] crypto currency

- whereby his support vehicle for such standard is a 'nod'/'hat tip' to the idea of GOVERNMENTS banning cash

- whereby, the OBLIVION of transaction records [of a cash transfer] is material to the decision

- & whereby, [crypto or not], an ELECTRONIC transfer, by definition, leaves a footprint

- & whereby, the same GOVERNMENT [that he applauds], has the power to, in some manner, THWART unacceptable ongoing crypto currency manifestations

- & whereby, the same government [&/or their thieving Praetorian structure, could JAIL such an usurper, on WHATEVER grounds, existing or not].

- & whereby, the same IDIOT who still defies ALL OF THE ABOVE to happen, was the same dipshit who was BRAGGING about how he was funneling all his 'WINNINGS' [from bitcoin], only a few years ago, on this blog, into PHYSICAL SILVER [back when $SILVER was still ^^^ of $30 an ounce]

 

I'm too dumb to make the call...

Mon, 03/23/2015 - 13:46 | 5918525 RU-GAY2
RU-GAY2's picture

Tracking gains and losses in the cryptosphere is virtually impossible.  An accountants nightmare come true, because I can just create a few more million accounts on the fly.

Mon, 03/23/2015 - 14:07 | 5918594 Thirst Mutilator
Thirst Mutilator's picture

Well there you go then...

 

But I'll take a wild guess & say that your COMMENTS ON A PUBLIC FUCKING BLOG [which include bragging about your entry/exit price points], would be a nice starting point towards hurdling your 'virtual impossible' hurdle...

 

I hope your not trying to be THIS GUY...

 

https://thematchupszone.files.wordpress.com/2012/05/super-computer-nerd1...

 

Run fatboy RUN!

Mon, 03/23/2015 - 14:52 | 5918790 RU-GAY2
RU-GAY2's picture

We always do stuff like this online and we get busted.

Mon, 03/23/2015 - 17:52 | 5919527 aardvarkk
aardvarkk's picture

That can't be fonestar.  He's done several posts without referring to himself in the third person.

Mon, 03/23/2015 - 19:05 | 5919779 RU-GAY2
RU-GAY2's picture

We is we, RU-GAY2 is created by PAL.  Not fonestar but same PAL as fonestar.

Mon, 03/23/2015 - 12:15 | 5918197 TruxtonSpangler
TruxtonSpangler's picture

You are approximately 2349082390480239 times more likely to be killed by your doctor. Why dont we ban doctors first?

Mon, 03/23/2015 - 12:29 | 5918239 Surly Bear
Surly Bear's picture

This is all about taxes. 

Mon, 03/23/2015 - 12:48 | 5918312 mtl4
mtl4's picture

It always is........timeless.

Mon, 03/23/2015 - 13:27 | 5918473 Jonesy
Jonesy's picture

Taxes, and control.

Mon, 03/23/2015 - 14:41 | 5918729 Anusocracy
Anusocracy's picture

Control first.

Mon, 03/23/2015 - 14:55 | 5918803 Anusocracy
Anusocracy's picture

Your doctor is a saint compared to your government.

During the War of Southern Secession, your odds of death by government were about 1 in 40.

Worldwide in the 20th century, your odds of death by government went up.

Mon, 03/23/2015 - 12:51 | 5918324 maskone909
maskone909's picture

No. Its about the war on public sidewalks. Pleeeeze homeland security, make all the scary things go away!!! Here, take my money! What? You need more money to make the bad people stop? Here take our firstborn children! Take my kidney!

Mon, 03/23/2015 - 20:01 | 5920007 SubjectivObject
SubjectivObject's picture

Kidneys!

Nah vyer takken!

Mon, 03/23/2015 - 13:30 | 5918484 agent default
agent default's picture

This is about forcing negative interest rates on deposits.  Old idea dating back to 1990's Japanese deflation.  The Japanese had a backbone though and it became clear to the government that they would not accept it.  I doubt the Europeans and especially the French have such a skeletal structure.

Mon, 03/23/2015 - 13:51 | 5918542 1033eruth
1033eruth's picture

No it isn't.  Nice try though.  

Eliminate cash and you eliminate tax evasion.  Or a much, MUCH larger percentage in any case.  Naturally government is going to lie and say this has something to do with terrorism - THEY HAVE TO.  Its a lie that's been proven to be effective with the peons and peasants.  Unfortunately, too many of the peons and peasants are working under the table and this must be eliminated.  Government requires its tithe.  Its the law.   

Mon, 03/23/2015 - 14:39 | 5918713 agent default
agent default's picture

True they can tax your income, and then they can also tax your capital.  And there is no way out of the system.  Great.

"Its the law."  Nope.  It's their law.  Best law money can buy.

Mon, 03/23/2015 - 15:39 | 5919022 Anusocracy
Anusocracy's picture

Don't guys barter gifts for sex?

Bartering needs to be more widespread.

Mon, 03/23/2015 - 14:30 | 5918677 HardAssets
HardAssets's picture

taxes, like fiat money - are nothing but control mechanisms

That's why the federal reserve and income tax were created around the same time

Mon, 03/23/2015 - 13:17 | 5918428 Billy the Poet
Billy the Poet's picture

Why dont we ban doctors first?

 

What do you think they meant by "If you like your doctor you can keep your doctor?"

Mon, 03/23/2015 - 12:38 | 5918280 stu11
stu11's picture

Chumba, with respect.

 

all major currencies will soon enough be electronic eliminating cash as an option. use of other mechanisms will be illegal.  crypto currencies like fonza's beloved scam BC will go away as no convertablity and no way to enter.

 

the beauty in the official electronic currency is that the FED and their employees a the US Treasury can simple remove monies from your account as they please.

 

Unless you are a US oligarch, your assetts are not yours, they are the oligarchs.  This you will find out soon enough my friend. 

 

And for you lovers of gold, if you are US citizen and the purchase of your gold can be traced to you, you will forteit that gold or go to prison.

 

 

 

Mon, 03/23/2015 - 12:41 | 5918286 RU-GAY2
RU-GAY2's picture

"all major currencies will soon enough be electronic"?

Seriously, what phucking year are you people living in?  1965?  ALL CURRENCIES ARE DIGITAL!!

Mon, 03/23/2015 - 13:07 | 5918382 Buckaroo Banzai
Buckaroo Banzai's picture

Not sure why you're getting the downvotes, Fonestar. 99% of all dollars in existence are digital dollars. Only a tiny amount are actually physical cash dollars. Same goes for euros and yen too, I'm sure.

Mon, 03/23/2015 - 13:11 | 5918401 RU-GAY2
RU-GAY2's picture

We think they are confused.  Because they allow you to continue using the occasional paper rectangle to buy a coffee and newspaper that makes the currency non-digital?  They need to sit and really think about this for awhile because it's not that difficult.

Mon, 03/23/2015 - 13:22 | 5918453 Billy the Poet
Billy the Poet's picture

The currency is mainly conjured through digital means but some currency remains in the form of individual undigitized paper units. There are still those who use this physical currency on most if not all occasions. It's a forest v. trees thing.

Mon, 03/23/2015 - 13:26 | 5918470 RU-GAY2
RU-GAY2's picture

Yes, but how would they respond if suddenly all intra-bank transfers became physical cash only?  Would anyone here actually want that?  You go in for a withdrawl and you're told that the Brinks truck doesn't show up for a few days?  You want to buy something on eBay but you have to wait weeks for the transfer to go through?  You don't think that could lead to bottle necks, frustration and even panic?  Posters here have this dumb idea that technology and evertying digital is inherently bad, regardless of who or how it is being managed.

Mon, 03/23/2015 - 13:35 | 5918497 Billy the Poet
Billy the Poet's picture

 

 

Posters here have this dumb idea that technology and evertying digital is inherently bad

 

Perhaps you hadn't noticed but we are all conversing through a digital medium. Seems like your perception of other individual's motives doesn't jibe with reality.

Consider the possibility that having a currency which is largely employed in a digital form but which can still be used in an anonymous, physical form is different from having a stricly digital currency which exists solely in order to allow governments and banks to oversee every transaction. That's what folks have a problem with.

Mon, 03/23/2015 - 13:41 | 5918515 RU-GAY2
RU-GAY2's picture

Largely employed?  Try entirely.  Without modern technology, infrastucture, data hubs those cotton rectangles are also worthless because the system they were merely abstractions of and represent no longer exists.  And my beef is that these posters don't really seem to care who puts their worthless signature on these cotton rectangles, it could be the Fed, the Treasury Secretary or ZOG.  They really don't seem to look, let alone care.  So they claim to hate the Fed, but love their little notes?  Conflicted or just plain dumb?

Mon, 03/23/2015 - 13:57 | 5918555 Billy the Poet
Billy the Poet's picture

 

Largely employed?  Try entirely.

A grandfather puts a five dollar bill into his grandson's birthday card. The child uses the five dollars to buy a baseball glove at a yard sale.  Things like this can and do happen. Your refusal to admit that such transactions happen millions of times every day would seem to indicate a mental block on your part. The fact that cash transactions make up a minority of total transactions does not cause the remaining extant cash transactions to vanish into thin air as you seem to believe.

Some day you may be able to see things in a less monochromatic way and you'll be open to more subtle and ultimately more effective ways of thinking and speaking. But for now, you're not listening and I've got other things to do.

Mon, 03/23/2015 - 14:46 | 5918756 g speed
g speed's picture

for sure its cigarettes for TP in the big house--no digital at all-- so if this country is going to be the big house best you learn the value of NON digital or starve quick--just saying

Mon, 03/23/2015 - 13:09 | 5918394 NoVa
NoVa's picture

Federal Reserve wires have installed a monitoring system where wire receipients are matched against a master list of individuals and businesses suspected of having terrorist ties or other frowned by US Govt type activities.  this list is referred to as "OFAC' Office of Foreign Assets Control.  We refer to it as the OFUK list.  

 

basically, if your name or tax id is on the OFAC list, you can not receive any wires.  Every single wire through US Banks is checked against the Treasury's OFAC list.  My mortgage business sometimes has customers who unfortuneatly have a bad name that matches or is similar to the list, and their wires to provide funds to close their home loan have been temporarily on-hold. We had to jump through hoops to prove that the person was indeed not a bad guy.  

 

So, if the shit hits the fan, Treasury and Fed have the capability to intercept any wire and hold the funds - anyone anywhere.  

 

http://www.treasury.gov/about/organizational-structure/offices/Pages/Off...

 

Mon, 03/23/2015 - 13:49 | 5918537 FMOTL
FMOTL's picture

To paraphrase Russell Means , the Native American rights activist, "You are all on the Federal Reservation now"

Mon, 03/23/2015 - 14:21 | 5918642 El Vaquero
El Vaquero's picture

I miss Russell Means.  RIP. 

Mon, 03/23/2015 - 15:01 | 5918824 Monetas
Monetas's picture

Many Free Shitters .... are on the Liberal Plantation .... which is in the Federal Reservation !

Mon, 03/23/2015 - 13:24 | 5918465 MidwestJester
MidwestJester's picture

And for you lovers of gold, if you are US citizen and the purchase of your gold can be traced to you, you will forteit that gold or go to prison.

 

I'll be in a body bag first...

Mon, 03/23/2015 - 13:02 | 5918367 BLOTTO
BLOTTO's picture

Chumbz...

.

Insert RFID chip

Mon, 03/23/2015 - 13:08 | 5918390 BLOTTO
BLOTTO's picture

"Ænema"

'Some say the end is near.
Some say we'll see Armageddon soon.
I certainly hope we will.
I sure could use a vacation from this

Bullshit three ring circus sideshow of freaks'

.

-TOOL

Mon, 03/23/2015 - 13:21 | 5918449 TruxtonSpangler
TruxtonSpangler's picture

Bring on Arizona Bay

Tue, 03/24/2015 - 01:16 | 5920737 Ward no. 6
Ward no. 6's picture

ferkin awesome song

Mon, 03/23/2015 - 13:40 | 5918490 Old_Dog
Old_Dog's picture

Quoted:

"Enter black market cryptocurrencies.

I am Chumbawamba."

 

 

Exit Black Market Cryptocurrencies

 

http://krebsonsecurity.com/2015/03/dark-webs-evolution-market-vanishes/

 

Tue, 03/24/2015 - 00:58 | 5920723 TheHound73
TheHound73's picture

Yeah, yeah, after doing close to $1 billion in drug sales that make of mockery of these Frenchie capital controls not to mention drug laws, this particular marketplace (one of many) runs away with $12 million of customer funds.  Shocker.  Soon these markets will be running decentralized and openly on the World Wide Web with less oportunities for operators to run off with escrowed customer funds.

Mon, 03/23/2015 - 23:01 | 5920516 SystemicSarcasm
SystemicSarcasm's picture

Ssshhh! the terrorists might hear you!

Mon, 03/23/2015 - 12:15 | 5918193 RU-GAY2
RU-GAY2's picture

We know, we know.... you love those little paper, cotton rectangles they give you to use.  You love it, makes you feel important.

Mon, 03/23/2015 - 14:52 | 5918789 g speed
g speed's picture

don't they have some linen in them too---duh--- 

Mon, 03/23/2015 - 12:21 | 5918217 metastar
metastar's picture

Cash is Trash and Digital money is Raw Sewage.

Mon, 03/23/2015 - 12:32 | 5918250 RU-GAY2
RU-GAY2's picture

Maybe you missed the announcement where all currencies are digital (and have been for a very, very long time)?

Mon, 03/23/2015 - 12:54 | 5918337 Money Boo Boo
Money Boo Boo's picture

fonestar

 

aren't there days when you just want to stick a fork in a live toaster while you're doing the dishes?  I wish that day was today.

Mon, 03/23/2015 - 14:49 | 5918772 Almost Solvent
Almost Solvent's picture

Thanks, now I have coffee all over my monitor & Fonestar is still alive!

Mon, 03/23/2015 - 12:35 | 5918252 RaceToTheBottom
RaceToTheBottom's picture

I want my barcode tattoo.  Right on the forehead...

Financial trxes right off that, please.....

Mon, 03/23/2015 - 12:54 | 5918333 maskone909
maskone909's picture

It will be branded onto the lateral wall of your descending colon. Anytime you do a transaction they will thrust a scanner up your ass so you can feel the savings!

Mon, 03/23/2015 - 13:22 | 5918447 RaceToTheBottom
RaceToTheBottom's picture

Bullish Tandoori Chicken flowthrough transactions....

 

Mon, 03/23/2015 - 14:27 | 5918659 Condition 1SQ
Condition 1SQ's picture

How's the trolling going today, kiddo?

Mon, 03/23/2015 - 12:03 | 5918149 Burt Gummer
Mon, 03/23/2015 - 12:21 | 5918213 KnuckleDragger-X
KnuckleDragger-X's picture

The funny thing is this will have the opposite effect with the added benefit of encouraging an underground economy......

Mon, 03/23/2015 - 12:55 | 5918341 pods
pods's picture

No, when they ban it it will go away.

Like drugs, prostitution, homeless and poverty.

pods

Mon, 03/23/2015 - 13:03 | 5918370 maskone909
maskone909's picture

Great point bro. It really is a win win. It just goes to show that if you try hard enuff, and spend enuff money, you really can change human needs and behaviors. I endorse the war on breathing oxygen too.

Mon, 03/23/2015 - 13:06 | 5918376 BLOTTO
BLOTTO's picture

'What will they ban next?'

.

A. Thinking

Mon, 03/23/2015 - 13:17 | 5918429 HardAssets
HardAssets's picture

Nope.

They banned Thinking in 'schools' and colleges a long time ago.

Mon, 03/23/2015 - 13:18 | 5918431 weburke
weburke's picture

eating non poisonous foods.

Mon, 03/23/2015 - 13:34 | 5918502 joe6px
joe6px's picture

They are getting desperate.  The more they are ignored by the people the harder they will try to enforce their will.  Resistance is simple, keep being a real person outside their artificial sphere.  The only way they can make it real is by force, and then by using force they lose the moral high ground awakening even more who will resist.

Mon, 03/23/2015 - 12:36 | 5918268 flyingpigg
flyingpigg's picture

Maybe a better question is: what country will be next? Surprised the Troika didn't come up yet with this "anti-terrorism" idea to stop the cash withdrawals in Greece...

Mon, 03/23/2015 - 14:44 | 5918744 KnuckleDragger-X
KnuckleDragger-X's picture

Unlike Greece, next next ones will be too big to screw over and damned expensive to bail out.......

Mon, 03/23/2015 - 12:05 | 5918155 ACP
ACP's picture

The Krugman-rand in the new Krugerrand.

Mon, 03/23/2015 - 12:38 | 5918278 JLee2027
JLee2027's picture

I seriously doubt a Finance Minister can just declare laws. Even in France.

Mon, 03/23/2015 - 13:21 | 5918448 chunga
chunga's picture

Well, when we're talking about racism and hatred towards a jewish supermarket I suppose anything can happen.

First things first. Take away everybody's cash, naturally.

Mon, 03/23/2015 - 12:59 | 5918354 raywolf
raywolf's picture

you can't fight fire with fire.... everyone should go to the bank and withdraw 10,000 euros and use cash as much as they can and break all the limits, willy nilly.... deluge the system with so many alerts that the alerts becomes meaningless and the system shuts down...

Mon, 03/23/2015 - 15:15 | 5918913 JLee2027
JLee2027's picture

That's actually a good idea. It's very astute to recognize that laws become meaningless when no one will obey them.

Mon, 03/23/2015 - 16:54 | 5919334 dexter_morgan
dexter_morgan's picture

the Cloward-Piven put to good use

Mon, 03/23/2015 - 19:42 | 5919931 Van Halen
Van Halen's picture

It's OK if they take our money and freedoms, as long as we're safe!

Mon, 03/23/2015 - 20:11 | 5920040 WTFMOFO
WTFMOFO's picture

I was at my bank (5th/3rd) yesterday.  I drove through the drive-thru to withdrawal $3K with a check written out to myself.

Teller said it was company policy not to distribute more than $1K through the drivethrough that I needed to come inside so that the security cameras could record me.

I was PISSED! 

So I go inside and I ask her "Is this some stupid gov regulation" and she replies with "I can not disclose that".  

I ask "Is it now $3K that makes one supsicious and needs reported to the gov?  She says "I can not disclose that"

I ask "What is the limit now that you guys have to report to the gov?  "She says I can not disclose that"

I ask "How many suspicious withdrawals of cash are you required to report each month? "Sir I can not disclose that"

 

I talked to the wife about it (she was with me in the car) and we have decided that all of our money is coming out of our savings and checking, we will leave about $4K in the there to cover our monthly bills.

 

FUCK UM ALL, I am going full retard.

 

 

 

 

Tue, 03/24/2015 - 00:03 | 5920638 one_hundred
one_hundred's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... http://goo.gl/ezLA00

Mon, 03/23/2015 - 12:00 | 5918131 coulous
coulous's picture

one ounce of gold in euros cost 1100 €

WTF !!  with 1000 € in cash, we are not allowed to buy only one ounce of gold !!!

Mon, 03/23/2015 - 12:11 | 5918181 casey13
casey13's picture

You will have to buy silver instead.

Mon, 03/23/2015 - 18:04 | 5919571 Clycntct
Clycntct's picture

Put it on the layaway plan. 50% down and 50% when you pick it up -In 15 minutes.

Mon, 03/23/2015 - 21:09 | 5920235 motorollin
motorollin's picture

From the gun show loophope springs the bullion show loophole.

Mon, 03/23/2015 - 12:01 | 5918136 LawsofPhysics
LawsofPhysics's picture

Power and control is never willingly given up...

tick tock motherfuckers...

Mon, 03/23/2015 - 12:44 | 5918295 HardAssets
HardAssets's picture

If you were a psychopath bankster who got great thrills from controlling others by accumulating real money in your vault -

Would it take you very long to think " Just how much more power and control would I have over the serfs if I could make up 'money' out of thin
air ? Don't even have to accumulate more of the real stuff.. "

You then bribed the lawyer/liar/politicians to write the appropriate 'laws'.
Said politicians control the dumb knuckle draggers in the police & military. You can buy off the 'dumb, stupid animals who are nothing but pawns in foreign (and domestic) policy" for a pittance. At heart they are nothing but little boys who never gave up playing 'cops & robbers' and 'soldier'.

No, you wouldn't look very kindly on anything that might interfere with your evil racketeering game.

Not one bit.

They need to keep using your made up 'money'. It's the key to the slavery system. The role of the knuckle draggers is to enforce that overseas and domestically. They'll buy any 'justification' you give them, or no excuse at all.

Mon, 03/23/2015 - 12:49 | 5918317 LawsofPhysics
LawsofPhysics's picture

That which cannot be sustained, won't be, period.   At the end of the day, the laws of men are irrelevant.

as it turns out, humanity has in fact been devolving for quite some time.

Mon, 03/23/2015 - 13:01 | 5918362 HardAssets
HardAssets's picture

Yes, eventually Natural Law, Cosmic Law, Karma . . exerts itself.

No one has the right to enslave another human being or to rob them.

More and more energy is necessary to keep 'control', which creates even more opposition.

The battle they try to fight is against human awareness and consciousness.

As a former knuckle dragger, I would have scoffed at such "airy fairy' notions years ago. But sometimes people wake up.

Mon, 03/23/2015 - 13:17 | 5918426 HughBriss
HughBriss's picture

"But sometimes people wake up."

 

Yes.  Yes they do.  :)

Mon, 03/23/2015 - 13:09 | 5918392 dizzyfingers
dizzyfingers's picture

"...devolving for quite some time..."

Especially for the last 50 years!

Mon, 03/23/2015 - 16:21 | 5919208 Kirk2NCC1701
Kirk2NCC1701's picture

You can always depend on or leveragw the Laws of Nature and of Human Nature.

We may live by the former, and the Parasites live off the latter.

Plan, live and drink accordingly. 

Mon, 03/23/2015 - 12:02 | 5918142 Burt Gummer
Burt Gummer's picture

Fuck their funney money fiat, start using gold and silver as a means of exchange.

https://www.youtube.com/watch?v=-X9Om-jP_2s

Mon, 03/23/2015 - 12:04 | 5918153 Boondocker
Boondocker's picture

That will be next.

Mon, 03/23/2015 - 12:46 | 5918300 richiebaby
richiebaby's picture

Doesn't affect folks like me. After paying for my booze, pills, food, internet porn & Thai massages, I have nothing left

Mon, 03/23/2015 - 12:02 | 5918144 Chuck Knoblauch
Chuck Knoblauch's picture

There is no spoon, Neo.

Mon, 03/23/2015 - 12:03 | 5918148 Stoploss
Stoploss's picture

1789 Bitchezz!!!

Mon, 03/23/2015 - 12:58 | 5918353 dizzyfingers
dizzyfingers's picture

If they still have those guillotines maybe we can use them next.

Mon, 03/23/2015 - 12:04 | 5918150 Bunga Bunga
Bunga Bunga's picture

Looks like they literally force people to use bitcoins.

Mon, 03/23/2015 - 13:24 | 5918466 RaceToTheBottom
RaceToTheBottom's picture

NSA & Reggie Approved bitcoins

Mon, 03/23/2015 - 12:04 | 5918152 homebody
homebody's picture

Can't cash in your PMs soon.  Barter for that bowl of rice sheeple.

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