time*treat's Blog

How Bankrupt Govts Will Get Your Gold

About two weeks ago, GoldMoney sent out an apologetic email to all of its Dutch customers. The email explained how the Dutch financial regulator (AFM) considered GoldMoney to be in violation of various licensing rules and compliance requirements.

Among other things, AFM indicated that GoldMoney was selling ‘investment objects’ without a license… something that they consider a heinous breach of their silly bureaucracy.

Now, there are so many technicalities involved here – whether physical metal constitutes ‘investment objects’ anymore than a collection of 80s action figures or a cellar of fine Bordeaux. Then there’s the jurisdictional issue – GoldMoney doesn’t even operate in the Netherlands, nor does the company sell its own inventory. Etc., etc.

None of these points seem to matter; the regulators have spoken, and as a consequence, GoldMoney is now closing the accounts of every customer living in the Netherlands.

It’s always troubling when governments go after firms like GoldMoney. The more signs I see, the more I’m starting to believe that we’re heading down a path where precious metals are once again confiscated, outlawed, or at least severely restricted in many countries.

Let’s start with the why. What possible sense would it make to reduce or restrict gold ownership?

Simple. The modern financial system is a complete joke. Money is conjured from thin air, backed by false promises from bankrupt governments. Then there’s the fractional reserve swindle, centrally planned interest rates, government-produced inflation, manufactured statistics, insane credit and sovereign debt bubbles, etc.

It’s a total fraud… and like any good con, it depends on just that: confidence.

In order for a system based on nothing to perpetuate, it’s imperative that it commands the confidence of the people within it. And people in rich western countries have been programmed since birth to believe that the colored pieces of paper circulating around in their economies are intrinsically ‘valuable’.

It’s funny, because developing countries already know it’s a scam. They don’t trust their governments, and they don’t trust those silly pieces of paper either. Out here in Asia is a great example – most of the region is very gold-oriented. They use paper as a medium of exchange, but it’s a cultural norm to save with gold. [Notice it's not a matter of which party is in power. ~ t*t]

 

full article: http://www.sovereignman.com/expat/gold-confiscation/

You gotta watch the 1 minute vid at the link (the network has been having every copy they can find .. um ... pulled)

In defence of the reporterette, she's just repeating what she was told, apparently by this guy.

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Entry #638

Jobs bill to usurp 11th Amendment?

Page numbered 133, section 376

http://www.whitehouse.gov/sites/default/files/omb/legislative/reports/american-jobs-act.pdf

 

(Article)

Obama Jobs Bill Defies Both the Constitution and the Supreme Court

Written by Rob Natelson on 02 October 2011

A section located deep in President Obama’s proposed “American Jobs Act” would suspend part of the U.S. Constitution. The proposed law would violate not only the Constitution’s actual meaning, but even the watered-down version of the Constitution now applied by the U.S. Supreme Court.

You might be surprised to learn that the Obama bill seeks to “create jobs” partly by punishing anyone who seeks to create them. Specifically, the bill would impose a new mandate on employers: prohibiting them from favoring applicants who already have jobs.

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Entry #637

CNN: Straw Polls Don't Really Matter

While that may be true, that's not the song they were singing after the Iowa results. Roll Eyes

There is another option that has been developed.... 

Bet the GOP wish they'd thought of the O'Really? method in time for the last election.

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Entry #636

Gibb's Farm

Gibb's Farm - Tanzania. =)

Among other things, the furniture-making is remarkable.

Say you wouldn't want to visit. LOL

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Entry #634

New Villain in Your [F]ear

Since last decade's bogeyman, Al Qaeda, went from being feared to being mocked (particularly in its online spelling being altered to indicate an agency which would prefer to remain unnamed, unnoticed, and most importantly, unaccountable) by some members of the target audience, the time has come to up the ante ... er ... update the brand.

Coming Soon: The Haqqani Network
Early test-marketing under the 'Haggani' label proved less scary, due to english speakers being more familiar with double g's rather than q's unaccompanied by the letter "u".

Also 'Haggani' sounded too much like 'haggis' -- some people in the test audience experienced changes in hunger levels, rather than changes in fear levels.

The Latest Orchestrated Threat - Paul Craig Roberts

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Entry #633

Whistleblower's Torture suit against Rumsfeld goes ahead

A federal appeals court in Chicago [] upheld a lower court ruling that former Defense Secretary Donald Rumsfeld can be held personally liable for the alleged torture of two U.S. citizens who were held incommunicado by U.S. military interrogators for three months in Baghdad while working for an Iraqi contractor there.

http://www.thenewamerican.com/usnews/crime/8515-court-advances-us-torture-victims-case-against-donald-rumsfeld

http://www.chicagotribune.com/news/local/breaking/chi-court-wont-dismiss-torture-suit-against-rumsfeld-20110808,0,149842.story

First, it was renamed to "enhanced interrogations" and only to be applied to "enemy combatants".

Well, they musta dunn sumphin' wrong.

Yeah. [W]itnessed the sale of U.S government munitions to Iraqi rebel groups [let's let that bit sink in for a minute.] for money and alcohol. After becoming FBI informants, the two were detained and tortured by federal officials for 97 days (Donald Vance) and six weeks (Nathan Ertel) at Camp Cropper in Iraq after contacting the FBI about corruption in the now-defunct federal contractor.

Maybe it was the Iraqi equivalent of Fast and Furious, they took issue with whistleblowers, too. Wonder if they'll get to court or have an "accident", first.

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Entry #631

might get some new blog readers soon

The Federal Reserve Plans To Identify 'Key Bloggers' and Monitor Billions of Conversations About the Fed on Facebook, Twitter, Forums and Blogs
http://lewrockwell.com/rep2/fed-vs-bloggers.html

"Social media listening platforms are solutions that gather data from various social media outlets and news sources. They monitor billions of conversations and generate text analytics based on predefined criteria. They can also determine the sentiment of a speaker or writer with respect to some topic or document."

They want to ...

"Identify and reach out to key bloggers and influencers"

Where is she, today?

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Entry #630

Cleaning chickens with Dowell

This isn't (or doesn't seem to be) instructional.

I just found it kind of charming for some reason. Maybe it's a Group Hug feeling.

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Entry #629

Cargill announces second recall for ground turkey

http://www.suntimes.com/business/7602595-417/cargill-announces-second-recall-for-ground-turkey.html

CHICAGO — Cargill Inc. announced a second recall of ground turkey products Sunday after a test showed salmonella in a sample from the same Arkansas plant tied to a recall issued last month.

The second recall is much smaller than the one the company issued Aug. 3 for 36 million pounds of ground turkey. That recall followed a salmonella outbreak that federal health officials said had sickened 107 people in 31 states, killing one person.

No illnesses have been tied to the second recall, which was initiated after a sample from the company’s plant in Springdale, Ark., tested positive for salmonella, the U.S. Department of Agriculture said.

Cargill halted production of ground turkey products at the plant Aug. 2 in anticipation of the recall announced the next day, spokesman Mike Martin said. Equipment was taken apart and steam-cleaned. Limited production resumed Aug. 10 after the USDA approved additional anti-bacterial safety measures, Martin said.

The sample that tested positive for salmonella was taken Aug. 24, the USDA said. It was the same strain of salmonella tied to the earlier illnesses, the agency said.

Martin said Cargill added two additional anti-bacterial washes to its processing process in Springdale after the first recall and instituted what he called “the most advanced sampling and monitoring system in the poultry industry.”

The problem, he said is that salmonella is “ubiquitous” and can come from soil, water, poultry feed and any number of sources. The challenge for Cargill and other food processors is to try to identify and eliminate the sources, reduce the amount during processing and then test for it.

“Food safety is a top priority and taken extremely seriously at Cargill because we know that millions of people throughout the U.S. are eating food that we produce every day and we want to do everything we can to make sure that people are getting the safest food possible,” Martin said.

Ground turkey production at the Springdale plant has been suspended again while the Minnesota-based company looks at what other safety procedures might be needed, he said. Production of other products, such as whole turkeys, continues, he said.

USDA officials did not immediately respond Sunday to messages requesting comment.

The second recall covers about 185,000 pounds of ground turkey products, including trays of ground meat, patties and chubs, the USDA said. The products were distributed nationwide under the Kroger, Fresh HEB and Cargill’s Honeysuckle White brands.

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No word on when the badged goon squad is going to conduct an armed raid, with weapons drawn.
Perhaps they are still busy terrorizing the people over at Rawsome Foods or down at Gibson Guitars.
Strange, I haven't heard of anyone getting sick or dying from those products.

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Entry #625