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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (75879)12/19/2006 1:43:54 AM
From: Proud Deplorable  Read Replies (1) of 110194
 
"Maybe Swiss Francs? can get a little interest, maybe a prospect? I'd probably end up on some Homeland Security list though?"

You're a few months too early but get your money out now anyway. In fact there was never a better time to get out of the USA. Many of those who stayed in Germany in the '30s denying anything was amis paid for it with their lives.

I'm no match for you on economics but you guys need to pay attention to whats happening down there or all your planning will be useless spent energy

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US National ID Cards by May 2008

by Nancy Levant

Global Research, October 31, 2006
papersplease.org - 2006-08-09

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At large, the American people are still unaware of the issuance of the Real ID card forthcoming in May of 2008. This new national/international ID card, and its interactivity with national/international databases, can access our medical, financial, driving, Social Security, license(s), firearms registrations, and political status inside its high tech/little nano brain. In essence, it holds our private lives on a swipe-able card that is then privy to any organization, retailer, or person requesting our identification or our money. In other words, our life histories accessible upon command from one 2X3 inch card.

Having no choice but to comply, most American people will accept their new national/international ID card. It is my understanding that without the card, we will be denied bank accounts in the United States of America, a driver’s license, and the right to fly on airplanes unless we have been issued a Real ID card. One might imagine that global retailers might require the Real ID to purchase food and gasoline. Take a look at your current driver’s license. Check the expiration date. 2008 would be a good global guess.

For those of us who have seen United Nations military vehicles in the United States, and who have also noticed convoys of military tanks being transported through the wilderness areas of our nation – the same areas that have been locked down and away from the American people via Biosphere Reserves and conservation corridors - we have realized for a great many years that, as one patriot stated, the “stage was being set” for difficult times on American soil – the key issue that mass media ignores at its professional finest. So, with stages being set, one must also look to the timing of the Real ID card, and to 2008 in general. Let us not forget all the other paramilitary systems in our nation, like the Department of Homeland Security, FEMA, Citizens Corp groups, Neighborhood Watch groups, C.O.P.S. (Community Oriented Policing Services), the militarizing of law enforcement departments, and the many new for-hire corporations that offer private armies with weapons for a price. And then, of course, there are the U.N. peacekeeping forces, which the American military has been actively involved with for many, many decades while, simultaneously and incrementally, our “leaders” have been closing our homeland military bases during these same decades.

The professional timing of the Real ID card in 2008, and its mandatory issuance, brings to mind several forthcoming coincidences and issues. The collecting and databasing of all personal information of every American adult – coinciding with the CFR’s North American Community – and all global government infrastructures in place and play, one must consider the following:

• How are “domestic terrorists” determined and identified?

• Who will be held in the Civilian Labor Camps on American soil?

• What is the real issue behind the “identity theft” propaganda?

• Why are the off-limits American wilderness areas crawling with secret military operations?

• And why the mandatory issuance of an ID card that sums up every American citizen with one swipe?

One cannot help but to almost laugh when it comes to considering how directly global intentions rest beneath our noses. So easy to see, yet so blindly the public goes about its merry and dull way. On that note, the Real ID card will ultimately seal your fate. You will be a compliant and completely identifiable slave to the New World Order, or you will be its enemy – and your Real ID will determine which global creature you shall be.

Therefore, America, let us not in-fight. The fact of our demise as free people exists no matter whose research is right or wrong. The stage is, in fact, being set for our nation’s conquering. The Democrats and Republicans have seen to this fact and have worked steadfastly to raise their one-world government. They knew from the beginning that people with property, firearms, and rights were their primary problems, or in other words, the people of the United States of America and other westernized nations. Our “leadership” is not what they seem.

The public acceptance of the Real ID in May of 2008 seals the deal. It will be more than interesting to see which of our friends, neighbors, and family members will willingly sign onto their fate as new “citizens” of the global police state. Just keep telling yourselves that you voted them into office. So did I. As such, we have a lot of soul searching to do and very, very little time – about 21 months. Are we going to continue to allow our “representatives” to march off with this nation and our Constitutional freedom, or are we going to unite and reclaim OUR nation? Ignorance is never bliss. It is abject slavery, and this time, the enslavement is backed by a system far greater than concepts or perceived notions of freedom. It’s past time to do more than wave flags, wear patriotic tee shirts, hats, and pins. It’s time to serve through action and duty to this nation. Start an A.C.E. (Americans for Constitutional Enforcement) chapter in your neighborhood NOW. Request an information packet (contactus@a4ce.org) and create your local chapter. It’s YOUR job and Constitutional duty to save our nation and to preserve freedom. We have been betrayed. For the sake of your children, open your eyes and act. The only potential answer is to UNITE for freedom and to command that freedom with one voice. Then, as a nation UNITED in knowledge, we can rid ourselves of our “representative” globalists. Now, please stop the bickering and bitching, especially of the partisanship flavor, and get to WORK. Global government is non-partisan minus the master-slave divide.

You may also request a mailed copy of the A.C.E. Information Packet by sending $10.00 to A.C.E., P.O. Box 293, Iron Mountain, MI 49801.

For more information: papersplease.org

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IRS to Use Bounty Hunters to Collect Taxes

by Jim Kouri

Global Research, November 9, 2006
The Common Voice - 2006-10-31

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In 2005, taxes owed with collection potential had grown to $132 billion. That number may climb in 2006, with perhaps $150 billion owed by taxpayers in default.

The Internal Revenue Service has not pursued some tax debt due to limited resources, manpower constraints and higher priorities. As a result, the US Congress has authorized the IRS to contract with private collection agencies (PCA) to help collect tax debts.

The IRS developed a Private Debt Collection (PDC) program to start with a limited implementation in September 2006 and fuller implementation expected in January 2008.

Unfortunately, according to the Center for American Progress, the structure of the IRS program encourages abuse. Under the program, collectors are awarded as much as 25 cents of every dollar they collect, in addition to a $100 bonus for every account they close.

This provides incentives for collectors to push the limits of legality to extract a little more revenue from their targets. As part of the IRS Restructuring and Reform Act of 1998, Congress, fearing overly aggressive collection practices, explicitly prohibited the IRS from compensating its own collectors based on the amount of money they collect. If Congress believes that incentive-based pay will cause official IRS collectors to cross the line, why would they think private collectors would behave any differently?

Taken together, IRS's actions were intended to ensure that the PCAs will be able to do the job and work the range of cases assigned, IRS will have the necessary resources and caseload ready, and taxpayer rights and data will be protected.

As a result, the IRS risks not providing complete information that decision makers would find useful. Finishing work on the factors could help achieve but cannot guarantee program success, which also depends, in part, on how IRS addresses the factors and identifies and resolves any problems in the limited implementation phase.

Although IRS officials indicated that the purpose of the limited implementation phase is to assure readiness for full implementation using up to 12 private collection agencies, the IRS has not yet documented how it will identify and use the lessons learned to ensure that each critical success factor is addressed before expanding the program starting in January 2008.

Because program success will be affected by how well IRS makes adjustments, assessing the lessons learned in limited implementation is critical. Also, IRS has not documented criteria that it will use to determine whether the limited implementation performance warrants program expansion.

IRS officials indicated that they are considering criteria that could trigger a go/no go decision, such as the amount of taxes collected and indications of PCAs abusing taxpayers or misusing taxpayer data.

The Internal Revenue Service proposal of paying private debt collectors a 25 percent commission to collect unpaid tax debt is meeting with bipartisan resistance from Congress. They claim the proposal will jeopardize the rights and privacy of American taxpayers. Several organizations voiced their objections to the IRS proposal and have expressed their strong support for this important consumer protection legislation Rep. Chris Van Hollen introduced: Citizens for Tax Justice, Consumer Federation of America, Consumers Union, National Consumer Law Center, National Consumers League.

Paying private debt collectors on a commission basis will be costly and will threaten the rights and privacy of the American taxpayers. We must ensure, as this resolution seeks to do, that federal tax collection functions will not be handed over to private sector bounty hunters.

Critics of the private collection agency program say that, compared with private debt collectors, whose bad apples star in countless horror stories of debtor abuse and intimidation, the IRS's customer-service-based approach may start looking pretty good to taxpayers.

A recent Center for American Progress report noted that "19% of all complaints received by the Federal Trade Commission (FTC) in 2005 were related to debt collectors, up from 10.5% in 1999. The FTC received more complaints about debt collection in 2005 than about any other industry -- 66,627, a 560% increase over the last six years." The report's writers claim this will likely occur with private agencies working on behalf of the IRS.

IRS officials say they will have a little more than a half year to identify the lessons learned before incorporating them into the next contract solicitation, which IRS intends to release in March 2007.

Related to such decisions on expansion is IRS's planned comparative study of using PCAs. That study is to compare using PCAs to investing IRS's operating costs into having IRS staff work IRS's "next best" collection cases. Under the documented study design, IRS would exclude the fees paid to PCAs from the costs and subtract those fees from the tax debts collected by PCAs.

While such a study might produce useful information, it will not compare the results of using PCAs with the results IRS could get if given the same amount of resources, including the fees to be paid to PCAs, to use in what IRS officials would judge to be the best way to meet tax collection goals.

Adequately designing and implementing the study is important to ensure policymakers are aware of the true costs of contracting with PCAs and know whether PCAs offer the best use of federal funds, while using the least abusive and intrusive tactics to collect tax money owed.

But taxpayer advocate Nina Olsen says that collecting tax revenue is the core job of the IRS, and it should continue to bear that responsibility while protecting taxpayer rights. IRS employees cost only 3 cents for every dollar they collect, making them many times more cost-effective than private collectors.

Jim Kouri, CPP is vice-president of the National Association of Chiefs of Police and he's a staff writer for the New Media Alliance (thenma.org). He writes for police and security magazines including Chief of Police and Police Times.
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