Police Funding Themselves by Confiscating People’s Property

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The government is using Civil Asset Forfeiture to simply rob people. The numbers are in for Texas along. The police department stole $50 million in confiscations during 2017 when nobody was ever charged with a crime. They hat to publish these numbers because they know they are doing something unethical. They seize property and it is the PROPERTY that is PRESUMED to be guilty. The burden is on you to get a lawyer and pay all the expenses to try to get your property back. You will not be reimbursed for the legal fees so they know they just get away with it. This is part of the financial crisis we are in that will ultimately lead to revolution and the collapse of the United States probably in the aftermath of 2032. Continue reading

EU To Restrict Movement of Cash

 

The EU is now developing strict rules for carrying cash when traveling to non-European countries and returning to Europe. The revision of the First Cash Control Regulation from 2005, which stipulated that EU citizens should register cash in excess of € 10,000 when leaving the EU or when returning to the customs authorities have to, is what is under review. They want to lower the number and include gold, gemstones, and cash debit cards. Continue reading

War On Cash Intensifies: Citibank To Stop Accepting Cash At Some Branches

Less than a week after India’s surprise move to scrap its highest denomination cash notes, another front in the War on Cash has intensified down under in Australia.

Yesterday, banking giant UBS proposed that eliminating Australia’s $100 and $50 bills would be “good for the economy and good for the banks.”

(How convenient that a bank would propose something that’s good for banks!)

This isn’t the first time that the financial establishment has pushed for a cashless society in Australia (or anywhere else). Continue reading