Wonder When They’ll get Round To Making Blogging Illegal?

“Fight Against Stupidity And Bureaucracy”

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Dennis_Hastert

While he was a member of the U.S. House of Representatives, the former Speaker, Dennis Hastert, used his political power and connections to enrich himself. No shocks there. He is just one among many politicians who routinely do likewise.

But unlike most of the others, Hastert was charged by the Feds with five felonies, each of them carrying a minimum of five years in federal prison and a $250,000 fine.

But, before you get the wrong idea and start to cheer, Hastert’s use of political leverage for personal gain has nothing to do with the charges against him.

What he did when in office was merely corruption and we live in a corrupt political system that those in charge like to call ‘democracy’.

No, Hastert has apparently committed a far worse crime than political graft. And it wasn’t anything to do with the leaks doing the rounds that he had been paying off a high school student for alleged sexual abuse decades ago. He hasn’t been charged with anything related to that either.

Instead, he has been pursued and indicted for the heinous crime of

…wait for it…

“structuring” cash withdrawals from his bank accounts so as to avoid federal bank reporting requirements, and lying to the FBI about what he was doing with his money.

handcuffs dollar

Now, I could care less what they do to a corrupt politician like Hastert. There is a certain irony that he has been caught by a law that he probably helped to create.

But the problem is that many of us could be similarly indicted simply because most of us don’t even know we are committing a crime in the first place.

Stupid bureaucrats have enacted so many laws in recent years, using misleading cover titles such as ‘money laundering’, ‘terrorist threats’, or ‘national security’, that they have turned millions of law-abiding people into de facto criminals, without them even knowing it.

The piece of invasive and unnecessary legislation that Hastert has been caught breaking is the ‘Bank Secrecy Act of 1970’, which makes it compulsory for U.S. banks to file a “currency transaction report” for deposits or withdrawals of more than $10,000 in currency. Banks suspicious of specific transactions are further required to file a “suspicious activity report.”

If the banks don’t capitulate to this government nonsense then they face penalties. This means that the banks comply, over-zealously so as not to ever infringe the regulations – which many of them don’t even understand. Now as a matter of routine they report ALL large cash transactions as suspicious, whether they really are or not.

Hastert didn’t intend or commit any money laundering, fraud or tax evasion. But the authorities don’t care about that. He had a legal and legitimate agreement in place with another individual and he withdrew his money in smaller amounts because he didn’t want this private arrangement to become public knowledge. The Justice Department even admits as much. But the authorities don’t care about that either.

So why have they charged Hastert when they know he really did nothing wrong apart from infringe on a stupid law that was never intended to catch the likes of him?

They did it to terrorize the rest of us.

Soviet control

What most western governments are about nowadays is control. The type of control that used to pervade communist states in the Soviet era. They want to criminalize ordinary people by making trivial and harmless acts into major felonies.

Woe betide you now if you want to spend you own money or transfer it to someone else. It’s your money, you earned it, you saved it up, but touch it in a way not specified by the government and you’re in Federal Court, you criminal bad person you!

All these spurious and unnecessary laws give government law enforcement agencies the ability to punish anyone at any time because there are so many regulations that everyone is in breach of something.

Wonder when they’ll get round to making blogging illegal?

Think I’m joking???

Blogging illegal? Close up of wooden gavel at the computer keyboard

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Now They Are Groping For Your Goodies Down Under

“Fight Against Stupidity And Bureaucracy”

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The fallout from the attempt by the EU bureaucrats to steal money out of Cypriot bank accounts continues.

Many people have missed the significance of what has happened and the fact that sooner or later it will also affect them.

But it will, simply because the whole attempted theft in Cyprus has set down dangerous markers for the future.

First, anyone with savings of $100,000 or more is categorized as ‘rich’ and will be targeted by their bankrupt governments as fair game for confiscation of some of their savings.

Second, what happens in one part of the world will eventually happen in another. You can count on that.

Already there are signs of this in the most unlikely of places, Australia.

australia_kangaroo

Compared to most European countries and to the United States, Australia is in a relatively strong financial position. Although, like a lot of countries, it has been running at a net deficit for years, it was largely unaffected by the real estate bubbles and bankster debacles that has caused so many financial problems elsewhere.

Yet even in Australia the government is enacting new legislation that will penalize ordinary law abiding citizens who have responsibly set aside savings for their own retirement.

The Australian government now wants to tax income over A$100,000 withdrawn from what is known there as superannuation funds – US citizens know these better as  IRAs – elsewhere as pensions funds.

Previously one of the incentives to saving money for retirement in a pension fund was that when the time came for you to withdraw the money, you could do it free of any government taxes. In fact in most countries that was THE big selling point to entice people to open and save regularly into pensions funds.

But the Australian government has now decided to change the rules. When withdrawals are made from these accounts over the magic $100,000 mark, they will be taxed at a rate of 15%. (That’s 15% at the moment, once established these rates could increase depending on how desperate the government becomes.) 

What this means is that the Australian government now wants to tax the money you put into a pension fund when you put it in, AND then tax it again when you try to bring it back out! The archetypal taxation double-whammy!

Is that unfair, or that unfair?

Like what happened in Cyprus, these latest moves in Australia could quite easily happen in your country too!

Are you ready to be robbed???

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