[ExI] relationships with money, was: RE: extropy-chat Digest, Vol 152, Issue 3

[William Flynn Wallace]

If the US government began to indicate it intended to illegally seize US
citizens’ assets without due process (such as a criminal conviction) yanks
would sell their holdings to foreigners and flee with the foreign
currency.  The Fed has going for it that it has behaved as a law and order
constitutional government for the most part.  As soon as it indicates it
believes there is a legal means of seizing its own citizens’ assets, we now
have a rogue government heavily armed with nukes.  This is a bad thing.
spike

"Nuke my house.  Go ahead.  I was tired of it anyway."

But Spike, they already have the lawful means.  All they have to do is to
change the tax rates.  Remember 90%?

bill w

On Wed, May 4, 2016 at 5:19 PM, spike <spike66 at att.net> wrote:

>
>
>
>
> *>…* *On Behalf Of *William Flynn Wallace
> *Subject:* Re: [ExI] relationships with money, was: RE: extropy-chat
> Digest, Vol 152, Issue 3
>
>
>
> >>… several hundred military-grade rifles, assault weapons as they are
> sometimes called, and half a million rounds of ammo?  That’s all legal (in
> most US states), he hasn’t committed any crime with that collection or
> arsenal.  But he damn sure could if he chose to… spike
>
>
>
> >….I am not sure what point you are making here…
>
>
>
> It wasn’t about guns actually.  What we have done is have a mainstream
> politician demonstrate to every other politician how a politician may
> legally empower oneself to accept pay for favors: set up a family charity
> with oneself as the head, funnel investments through a Canadian charity
> which removes the identity of the donor, then work out a means of
> communications which remain private.  This act is analogous to the guy with
> the huge arsenal who isn’t actually committing a crime; rather he has
> empowered himself to do so.  The politician has enabled himself or herself
> to accept pay for favors, which is not the same as actually doing so.  Now
> they all know exactly how to do it.
>
>
>
> >…Given my ignorance of finances I wonder what would happen if the US
> passed a law against using non-US banks?  Nowhere to hide money…
>
>
>
> On the contrary sir.  Buy things, such as precious metals, collectibles
> and such.  Banks aren’t paying much now, and non-US banks are not safe from
> confiscation.  I notice the government of Cyprus hasn’t been held
> accountable for massive theft.
>
>
>
> >…  I know the feds got some action from the Swiss on anonymous accounts
> held by Americans…
>
>
>
> Ja, anonymous Swiss bank accounts are already illegal, and unadvisable.
> But arranging to stash physical assets of some kind in a foreign nation is
> OK, or just buying up assets likely to increase in value.
>
>
>
> >…I also don't follow the capital fleeing idea, but it doesn't matter…bill
> w
>
>
>
> If the US government began to indicate it intended to illegally seize US
> citizens’ assets without due process (such as a criminal conviction) yanks
> would sell their holdings to foreigners and flee with the foreign
> currency.  The Fed has going for it that it has behaved as a law and order
> constitutional government for the most part.  As soon as it indicates it
> believes there is a legal means of seizing its own citizens’ assets, we now
> have a rogue government heavily armed with nukes.  This is a bad thing.
>
>
>
> spike
>
>
>
> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>
>
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