Between 1989 and 2010, U.S. attorneys seized an estimated $12.6 billion in asset forfeiture cases. The growth rate during that time averaged +19.4% annually. By 2014, that number had ballooned to roughly $4.5 billion for the year. Now, according to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses suffered an estimated $3.9 billion in property losses. This means that the police are now taking more assets than the criminals.
"The worldwide collection of phone calls, emails, text messages and our total loss of privacy is all about taxes – NOT terrorism. With all this power, and the demand that encryption be outlawed, none of this surveillance has stopped one terrorist act... Let’s knock off the bullshit and stop the Stasi tactic of building files on everyone. Focus on just the targets to protect society sand we just might stop something like this if we tried."
Good Thing Debt Doesn't Matter! </sarc>
"Our Presidents have been weakened and usurped by the insiders. Obama got to play golf with Tiger Woods while the nation he handed to the insider crowd. We need to rethink the structure of government but it may be simply too late."
The Founding Fathers of the United States revolted over taxation without representation. We are back to that now, for we are being taxed to pay interest to service debts from the last two generations. We had no right to vote on that spending, which took place before we were born. This is not a democratic process.
Socialism violates the Ten Commandments which prohibits anyone from coveting what their neighbor has. Well, God must have had a bad day for he does not understand what is fair. If someone is smarter than others are, that is OK and God’s Will, but he should not have more material things. God obviously cannot be all knowing since Marx must be right. God clearly can’t understand what is fair.
Politicians have zero respect for our human rights for they only think about how they are going to raid our wealth to pay for their families and retirements at our expense. These people are highly dangerous. They only see government as the solution and do not grasp that we have rights. Government wants to eliminate all encryption because they are hunting money. You have a 1000 times greater chance of dying in a car crash than by a terrorist. They use terrorism as the great excuse to collect everything we do.
Today marks a “major change in trend of monumental proportions," according to Martin Armstrong. The government will start to lose control and the lurking monster that is excess debt will rear its head. Today is the start of the "real" sovereign debt crisis - "this concentration of confidence in government marks the peak - from here on out, this will not be a video game - this is real."
Perhaps Volkswagen is the best most recent example of "lying when it's important" but as Martin Armstrong, the European Union's leadership (elected and unelected) are the kings of hiding the truth when it matters. As he warns, "if you do not know whom to trust, distrust everyone." The motto of the ECB is plain and simple: why reform when we still have some power? Governments will fight until the last drop of blood is spilled; they assume it will be your blood, not theirs.
"The politicians cannot understand that they are destroying your future. All they can see is their need to retain power... We are reaching the end of this noose around our neck that was placed there by Marx. What you need to do is take back government. You cannot create a solution with the same line of thinking that created the current mess. The future belongs to the youth. Understand the devil you are dancing with. It is time to become politically active and challenge the establishment for that is the only way to save the future."
"Unlike his acolytes, Keynes understood the value of gold and the dangers of currency debasement ... World where currencies are backed by nothing more than a governmental promise to pay while the printing presses whirled unchecked ..."
The Fed is really caught between a rock and a very dark place. This is the worst possible mess and the longer they have waited to normalize interest rates, the worst the total crisis is becoming for they will have zero control over the economy and once that is seen, holy Hell will break loose.
The current surge in deflationary pressures is not just due to the recent fall in oil prices, but rather a global epidemic of slowing economic growth. While Janet Yellen addressed this "disinflationary" wave during her post-meeting press conference, the Fed still maintains the illusion of confidence that economic growth will return shortly. Unfortunately, this has been the Fed's "Unicorn" since 2011 as annual hopes of economic recovery have failed to materialize.
In 1927, the Fed lowered US rates to try to help Europe which was then in the middle of an economic debt crisis the same as today. It is very curious how history repeats and we have just witnessed the Fed yield to international pressure once again. In doing so, they are condemning US pension funds as well as the elderly to financial doom setting in motion the next financial crisis.
Nahhh ... The Problem Is NOT ENOUGH Debt! </sarc>