Category Archives: economics

Egads! Police Are Scanning Your Credit Cards And Taking Your Money

 

Oklahoma Cops Find A New Way To Take People’s Money, Even If They Don’t Have Cash

“You have effectively a way of instantly seizing a digital account from a traffic stop. That’s a capability I have never seen before.”- Brady Henderson, legal director for ACLU Oklahoma

 

 

 

Popular Science: Card Readers Allow Oklahoma Highway Patrol To Seize Suspects‘ Money

Cops give new meaning to ‘ highway robbery’

Oklahoma Watch: New Front in Civil Forfeiture

Law Enforcement Seizures Misspent, Missing

 

 

 

 

Globalists: Looting Your Pension Money

Kiss Your Pension Fund Goodbye

Martin Armstrong: 

William K. Black :

“Why have a totally fraudulent financial system? Dr. Black, who is an expert in white-collar crime, says, “It’s hard to make money with competition.  It’s really hard.  People who have never been in business don’t understand how hard real competition is.  Real competition makes it hard to prosper, but if you rig the system, it makes it easy.  The reward for rigging is phenomenal.  We are talking every year, hundreds of billions of dollars in bonus compensation.  It’s far more than their straight salaries, and it is going to folks that it wouldn’t go to them if they didn’t rig the system.  And, no one is prosecuted.  They don’t even give back the fraud proceeds, even when they catch them red-handed.”

This means that when banks donate to top candidates in both parties, they are donating fraudulent banker profits. So, both the political system and the financial system are based on fraud.  Can fraud destabilize the entire system?  Dr. Black, who is also a professor of both economics and law at UMKC, says, “Obviously, it is the worst possible thing to do in terms of stability.  The way you rig these things doesn’t just make you wealthy, it creates asset bubbles, massive asset bubbles, the biggest in history...”

Read the full article

 

 

Reality Bullseye archives: Banking

 

 

‘Taxation by Citation’: Revenue Predators Prey On Drivers

 

“Car owners and drivers become prey for police predators. When a police car is in view, the driver feels fear rather than the comfort of protection. There is fear that, like a spider bearing down on a trapped fly, one will become a victim, not only having to pay the citation tax, but having to waste time in traffic school or having the bear the cost of higher insurance payments.”  – Eric Schmitt

“Excessive traffic fines create distrust between the police and the people. What’s needed is tax reform that eliminates the financial incentive for taxation by citation.” – Fred Foldvary

 

Stop Short Yellow Light Trickery

“Several cities have been caught shortening yellow light times to increase ticket camera profits and we think there are more yet to be discovered.

Red-light cameras can only remain profitable at poorly engineered interesections. Once an intersection is fixed, the money dries up quickly. And once the money is gone, the cameras disappear.

We’ve already seen it happen in North Carolina. After the Courts forced cities to give their profits to local schools, the majority of the ticket camera programs in the state shut down.”

Red light cameras : CAN YOU SAY ‘CONFLICT OF INTEREST’

Connecticut State Police E-Mail Reveals Ticket-Writing Quotas

LA Parking Tickets Steal From The People

Report: Red Light Cameras Increase Injuries and Insurance Rates

Red Light Robin Hood – AKA Stephen Ruth

Red Light Scam

Tax Farmers With Badges:Taxation Through Tickets

 

 

 

Planned Obsolescence: Engineered To Fail

 

 

“Planned obsolescence or built-in obsolescence in industrial design and economics is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete, that is, unfashionable or no longer functional after a certain period of time. The rationale behind the strategy is to generate long-term sales volume by reducing the time between repeat purchases (referred to as “shortening the replacement cycle”).”    wikipedia

 

“Planned obsolescence tends to work best when a producer has at least an oligopoly.”  wikipedia

 In 1932 with Bernard London‘s pamphlet Ending the Depression Through Planned Obsolescence:

“An equally important advantage of a system of planned obsolescence would be its function in providing a new reservoir from which to draw income for the operation of the Government.”

 “My proposal would put the entire country on the road to recovery, and eventually restore normal employment conditions and sound prosperity. My suggested remedy would provide a permanent source of income for the Federal Government and would relieve it for all time of the difficulties of balancing its budget. Briefly stated, the essence of my plan for accomplishing these much-to-be-desired-ends is to chart the obsolesce of capital and consumption goods at the time of their production. I would have the Government assign a lease of life to shoes and homes and machines, to all products of manufacture, mining and agriculture, when they are first created, and they would be sold and used within the term of their existence definitely known by the consumer. After the allotted time had expired, these things would be legally “dead” and would be controlled by the duly appointed governmental agency and destroyed if there is widespread unemployment. New products would constantly be pouring forth from the factories and marketplaces, to take the place of the obsolete, and the wheels of industry would be kept going and employment regularized and assured for the masses.” 

 

 

 

 

Engineered to fail: a strategy of people control

 

The Great Lightbulb Conspiracy

 

ebook preview: Made to Break: Technology and Obsolescence in America

 

 

 

 

 

The Big Short: Truth Is Like Poetry, And Most People Hate Poetry

Truth is like poetry, and most people f*%*ing hate poetry.”   ‘The Big  Short’ movie

Control fraud occurs when a trusted person in a high position of responsibility in a company, corporation, or state subverts the organization and engages in extensive fraud for personal gain. The term Control fraud was coined by William K. Black to refer both to the acts of fraud and to the individuals who commit them.

 

 

 

 

To rob a country own a bank

The Best Way to Rob a Bank Is to Own One

Too Many of the World’s Most Elite Bank CEOs Embrace Control Fraud

 

 

 

Ann Corcoran on Refugee Resettlement

 

Left-wing grant-makers have embarked on a campaign aimed at overwhelming America with unprecedented levels of immigration. These foundations underwrite a universe of liberal organizations that are devoted to bringing in ever more people from all over the world, and the organizations’ motives include money. These groups, known as “Volunteer Agencies” (VOLAGs), don’t just receive private dollars from liberal foundations; they also are richly rewarded with your tax dollars when they collaborate with federal government agencies.  (source)

 

 

 

 

 

Refugee Resettlement:  The lucrative business of serving immigrants

 

refugee resettlement watch

 

 

 

Obamatrade: Global Government Tyranny Masquerades as a Trade Agreement

 

“Give us a protective tariff, and we will have the greatest nation on earth.”   Abraham Lincoln

 

 

America became prosperous by protecting American entrepreneurs from  attacks by enemy governments and their favored business companies.

A subsidy is a “gift” or “grant” of the peoples money by government to a ‘privileged’ few.

America’s trade deficit with China, Japan, Korea, the European Union and rest of the world means that we are transferring huge amounts of our national wealth to other countries. In effect, Americans are being forced to subsidize the economic agendas of  foreigners.

“Overall, the United States has accumulated a total trade deficit with the rest of the world of more than 8 trillion dollars since 1975.” (source)

Thanks to Donald Trump calling the Trans Pacific Partnership Agreement:’Insanity’, the globalists weapon deceptively called “free trade” is a topic of the presidential election.

 

Americans have been duped by NAFTA, GATT and are currently being sold into slavery by the Trans Pacific Partnership

 

 

“In 1955, free-trade advocate Dr. Lewis E. Lloyd wrote a book on how eight conditions must be met to have free and fair trade. What he discovered changed his view of free trade, especially in regard to free trade agreements and the welfare of America. Are you in favor of merging America with other countries?”  (source)

 

Deceptive label of ‘free trade’ is un American 

Promises of ‘free trade’ prosperity for Americans are lies

British Opium Trade Monopoly: A Lesson In ‘Free trade’

 

 

 

 

Globalist Agenda: After America – North America The Merger

 

Obama can play ‘dumb’ about the integration of The United States with Mexico and Canada because the globalist agenda to create a regional government called the North American Union is going on without media coverage. Highways are being built, open border policies are in place, and financial policies are enforcing banking and economic strangleholds on every aspect of  your life. Each manufactured ‘crisis’ will be used as an opportunity to ‘harmonize‘ America’s independence and sovereignty into the globalist’s control until, like the European Union, we will be a tyrannical police state.

 

 

 

After America Comes North America

Obama Presses ‘North American Union’

Dangers Of A North American Union

NAFTA Superhighway

 

 

 

 

 

Policing For Profit: Institutionalization of Government Looting Results in Police Robbing Citizens

Via: Institute for Justice

Policing for Profit: The Abuse of Civil Asset Forfeiture

by Marion r. Williams, PhD., Jefferson E. Holcomb PhD., Tomislav kovandzic PhD., Scott Bullock

 

Civil forfeiture laws represent one of the most serious assaults on private property rights in the nation today.  Under civil forfeiture, police and prosecutors can seize your car or other property, sell it and use the proceeds to fund agency budgets—all without so much as charging you with a crime.  Unlike criminal forfeiture, where property is taken after its owner has been found guilty in a court of law, with civil forfeiture, owners need not be charged with or convicted of a crime to lose homes, cars, cash or other property.

Americans are supposed to be innocent until proven guilty, but civil forfeiture turns that principle on its head.  With civil forfeiture, your property is guilty until you prove it innocent.

 

 

 

 

Policing for Profit: The Abuse of Civil Asset Forfeiture chronicles how state and federal laws leave innocent property owners vulnerable to forfeiture abuse and encourage law enforcement to take property to boost their budgets.  The report finds that by giving law enforcement a direct financial stake in forfeiture efforts, most state and federal laws encourage policing for profit, not justice.

Policing for Profit
 also grades the states on how well they protect property owners—only three states receive a B or better.  And in most states, public accountability is limited as there is little oversight or reporting about how police and prosecutors use civil forfeiture or spend the proceeds.

Federal laws encourage even more civil forfeiture abuse through a loophole called “equitable sharing” that allows law enforcement to circumvent even the limited protections of state laws.  With equitable sharing, law enforcement agencies can and do profit from forfeitures they wouldn’t be able to under state law.

It’s time to end civil forfeiture.  People shouldn’t lose their property without being convicted of a crime, and law enforcement shouldn’t be able to profit from other people’s property.

 

Looting By U.S. Government at All-Time Highs

Operation Mini-van: NYPD still using scantily clad female officers as bait to forfeit the vehicles of men looking for sex

Cato Institute: Policing For Profit Podcast

Man Loses $160,000 in New Policing For Profit Case

Forbes: Cops In Texas Seize Millions By Policing For Profit

Romulus (MI) Police Chief accused, with fellow officers, of using asset forfeiture funds to pay for drugs, hookers and personal enrichment

Property On Trial: Texas vs. One 2004 Chevy  Silverado

Police ‘Shakedown’: Where Is The Money?  Give Us The Money And You Can Go!