Globalists lust after taxation and universal Digital Currency System... and this involves YOU!
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Globalists lust after taxation and universal Digital Currency System... and this involves YOU!

Austin : TX : USA | Mar 27, 2012 at 10:12 AM PDT
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Digital currency makes it easier to subject honest working people to draconian tax collections by our own IRS and world government bodies. Sure, there appears to be convenience in digital money, but that convenience comes with dangers, too - especially if the voters tacitly affirm the Obama Administration's global tax agenda this November. If that occurs, you need to keep a close eye on the long-term implications of an all-digital currency future. It's important to pay attention to the continual technological and political "herding" toward totally electronic money and the growing hostility toward cash (or other forms of currency, like gold and silver).

You can count on me to monitor that trend and advise you accordingly. I would never advise anyone to do anything I am not willing to do myself. Right now, we'd ALL better be doing something DIFFERENT than we've been doing!

Globalists, Taxers, and Government love the potential of Digital Cash for their own ends

Taxing the citizens of the world has been talked about for many years. Globalists want to tax your hard-earned money to pay for their schemes. Last month, the Economic and Social Council of the United Nations actually announced its desire for a worldwide tax. These economic globalists defend their proposed tax as being "very small" (just 0.005%) and dress- up their proposal in "nobleness" (the tax would be used "to ensure no one lives below a certain income level").

Yeah, right. Give me a break!

Cashless Society Agenda is favored goal of the political class

The fear and loathing of gold and other non-corruptible assets by the political class is difficult to understate. Central planners and big government cheerleaders the world over want, need, and must have unlimited access to credit to enact their power-seeking agendas.

Way too many of my fellow conservatives are not fully aware of this truth. They don't seem to understand that only by cutting up the government's unlimited credit card can we realistically restore limited government. It's been proven time and time again that it is futile to limit government powers through a frontal assault against special interests feeding at the government trough.

The White House seems to be involved in this scheme, too!

In the past, the U.S, has stood firmly against giving in to these ridiculous global tax proposals, which would force us to give up our sovereignty.

However, things have changed.

Just a few weeks after the U.N. announcement last month, the director of the White House National Economic Council Gene Sperling said, "We need a global minimum tax." The Weekly Standard quotes the Obama administration officials as saying, "... assurance that nobody is escaping doing their fair share as part of a race to the bottom or having our tax code actually subsidized and facilitate people moving their funds to tax havens."

Are there Benefits to a completely Cashless Society? Not really!

  • Some say handling, storing, and creating cash costs too much. Pennies and nickels cost more to mint than they're worth, they argue. Of course, they never describe how this is the fault of central bankers and their pro-inflation policies. Eliminating coins, or digitizing them, won't solve that problem.
  • Many critics of a cashless society believe it's just a ruse by big banks to create a monopoly to charge higher fees. A Business Insider article notes how swipe fees have escalated over the years, banks attempt to charge monthly fees to use debit cards, or to make up for lost revenue banks jump up interest rates on credit cards.
  • Others describe how people like, and have grown accustomed to, the convenience of cashless transactions. Swiping a card, or running one over an RFID reader, makes buying things faster. This is great for merchants and it can be convenient for consumers

But, it's not great for privacy and it gives others too much control over you! It's easy to track what you bought, how much you spent, where you bought it, and when. And, at a click of button, your accounts can be shut down.

  • The convenience of digital currency has led many consumers to higher debt. A great number of people who've learned their lesson and looking to rebuild or improve their financial life depend on a pay-in-cash strategy to force self-restraint on their spending habits.
  • In a natural disaster or other emergency when phone, electricity, or even banks are shut down, a cashless society can be gridlocked very quickly. THAT is when the ability to barter will become REALLY obvious!
  • Some proponents believe less cash in circulation makes things safer. In Sweden, where a cashless society has much support, they claim bank robberies dropped from 110 in 2008 to 16 in 2011, the lowest level in 30 years. Yet, computerized cybercrimes and fraud cases surged to nearly 20,000 in 2011 from 3,304 in 2000. Today's bank robbers don't use a gun and a mask; they use a mouse and a keyboard.

Even in the U.S., lawyer and money laundering expert Ellen Zimiles does not believe crime would decrease in a cashless society, because electronic currency makes fraud easier and anything you can store or send online can be stolen by a hacker. Currently, identity theft and cybercrime is an epidemic in the U.S. A purely cashless society would make the criminals' lives easier and give them even more incentive to cheat innocent consumers.

There's another currency based neither on cash nor electronics – GOLD!

A major driver in the long-term precious metals bull market we're just entering is private fears over the collapsing value of fiat currency and growing the power of centralized government. Many people are "voting with their dollars" by shifting more and more of their assets into tangible, physical, historically proven GOLD. Accumulating this alternative – indeed, better – form of cash a smart move I'm making myself.

I recommend Investment Grade Currency (contact Tom Barrett at Golden Art Treasures) as a store of greater wealth - in exchange for your retirement money, for example. Rare coins are, indeed, one of the world's safest investments, but I question the wisdom of investing in Sovereigns, Guineas, even bars or rounds for daily use in a bartering society.

How about a Private Gold Bullion Savings Program?

With Karatbars International, a 17-year old German company, we aren't buying gold - we're EXCHANGING our worthless fiat currency for REAL money in the form of 999.9% Pure Gold in user-friendly 1, 2 and coming soon, 5 ounce wafers, perfect for use in bartering. Again, that's REAL MONEY that starts growing the moment you fund your FREE account. Also, they'll store it FREE in a vault in Switzerland if you like, or ship it to your home. Karatbars has initiated a program whereby retailers will honor a Karatbars Credit Card backed by the gold owned by the Affiliate presenting the card - in essence, a new, worldwide underground currency! Karatbars offers a Private Gold Bullion Savings Program, available to everyone by invitation only - including YOU - simply because you're reading this NOW!

What are you waiting for?

No one can make a quality decision without quality information. If you'd like to learn more, simply CLICK HERE. When you're ready to Register for your FREE account, eMail me at miketummillo@me.com and write "KB" in your SUBJECT BAR. You can fund your account whenever you like but, if you wish, whenever your friends register and fund their own accounts, Karatbars will pay you a commission IN GOLD! Those who don't desire that MLM-style need not participate in that aspect.

Hope to hear from you very soon. Financially, things on planet Earth are a-changin'. Will you be ready?

Let me hear from you NOW!

Every blessing,

Michael Tummillo

Karatbars International Supervisor

chaplainmichael is based in Stephenville, Texas, United States of America, and is a Reporter for Allvoices.
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