Onebornfree's Financial Safety Reports : Financial Privacy

Showing posts with label Financial Privacy. Show all posts

Friday, July 4, 2014

The Stockholm Syndrome Vs. You,Your Money,Your Freedom

[Financial Safety Services and Freedom Network commentary: this excellent article by world traveller Simon Black does a good job of explaining some of the psychological barriers which prevent a person from making the important step of moving at least some portion of their own finances and business dealings offshore- if not offshore, to at least get some of it outside of any part of the financial system within the country you presently live in. If you would like to discuss specific aspects of the article via email, Skype , or in person, please let me know at:onebornfreeatyahoodotcom, and I'll see what I can do. Regards, onebornfree.]

"  In August 1973, Jan-Erik Olsson walked into the main branch of Kreditbanken bank in central Stockholm, Sweden and attempted to rob the place at gunpoint.

  He failed miserably.

When the police arrived in short order, Olsson opened fire and injured one of the cops. This only escalated the situation.

  In desperation, Olsson took four people hostage, and they were held for six days at the bank until police finally used gas to subdue the captors.   

This sort of thing happens all the time, so it's hardly noteworthy. But what's unique about this event is that the hostages later said they actually felt safer with their captors than the police.

  The victims had, in fact, become emotionally attached to Olsson and his partner, to the point that they even publicly defended the pair after the ordeal was over.

  As it turns out, this is actually fairly common. Psychologists call this 'Stockholm Syndrome' after the Kreditbanken robbery; the term denotes a traumatic, positive bond that forms between captors and hostages.

  To those of us who have never been held hostage, it almost seems fantastical... even intellectually offensive. Seriously, how could anyone ever develop endearing feelings for someone holding you at gunpoint?   

But when you think about it, this is the very nature of patriotism.   Through an entire lifetime of bombastic propaganda, complete with songs and flags and parades, people develop an unquestioning commitment to the state.   They'll say things like 'this is the freest country in the world' without a shred of objective evidence to support that conclusion... and overwhelming evidence to the contrary.

  But meanwhile, we're all held at gunpoint.   Spy agencies monitor our phone calls and emails. Central bankers manipulate markets and destroy people who are responsible enough to save.   Politicians confiscate people's livelihoods, regulate them to the hilt, authorize discretionary assassination of their own citizens, and actively work to destroy any vestiges of personal liberty.   

While everyone is allowed to roam around, work, and buy flat-screen TVs, we're all ultimately handcuffed by the state.

Everything in our entire lives-- from the value of our savings to our homes and personal property, to even our personal freedom-- can all be confiscated in their sole discretion.   

I'd be willing to bet the chickens scratching around my yard right now think that they're free... and have no idea that they'll be this evening's dinner.   This is a hostage situation, plain and simple.   

Yet they've skillfully managed to create bonds of affection. The hostages are standing tall, waving the flag, and defending the government's absurd, destructive actions... no matter how much they defy reality.

  It's gotten to the point that the hostages have begun talking about government actions in the first person:   'There's no way "we" would ever default...'   'In this country "we're" innocent until proven guilty...'   'Airport security makes "us" safer from terrorists...'   'WE should invade Iran...'

  Hostages have become so inured to the violence of our captors that few people even realize that it's happening.

The fear and intimidation tactics have just become part of daily life.

  This is really hazardous thinking. Hostage situations are dangerous. When things start getting bad, the captors become desperate and start sacrificing their prisoners.

  Candidly, our courses of action are limited.   One can simply hope that the situation will improve, and that you won't be one of the hostages that gets slaughtered.   

Conversely, you can head towards the big, giant EXIT sign and leave the whole situation behind for greener pastures.   

Or, you can bear down and stick it out... but at least have a credible escape plan. Reduce your exposure to the captors. Don't have all of your eggs in one basket.   

It costs you nothing, for example, to move a portion of your savings abroad to a safe, stable bank in a jurisdiction that your home government does not control.

  It costs you nothing to pursue an 'ancestry' passport in the event that your parents or grandparents hailed from certain countries like Ireland or Italy.   

Yet in the event that the hostage crisis escalates, it's these sorts of steps that will end up paying enormous dividends for you... and pave the way to freedom."

Simon Black

Senior Editor, SovereignMan.com

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Monday, July 1, 2013

Are We All "Fking Fked!" ?

Click on image to enlarge
[Financial Safety Services commentary: Here's Bill Bonner to prove to us all that economics and investment articles do not have to be dry and humorless Heck, they can even be "x-rated" and still profound, in the right hands. On the other hand, despite what is revealed in my graph above this commentary which dramatically illustrates what the Federal Reserve has been up to for the past few years, it does not mean that his dire prediction will necessarily come true, or, at the very least, it does not have to come true for you. Financial Safety Services main goal is to show individuals how to protect their precious long term savings from the type of shenanigans outlined by my graph and by Mr Bonner's text- and even how to safely speculate with money you can afford to lose -should you be lucky enough to have any "play money" in these troubled times. Bottom line: you do not have to be F**king F**ked . Enjoy! ]

Bill Bonner

"Neil Barofsky, the federal employee in charge of auditing the TARP program, says the "U.S. is pretty f**ked." The Huffington Post reports that he is not the first to resort to the F-word to describe Americans' situation:

Christina Romer... the former chair of President Obama's Council of Economic Advisers, told Bill Maher last year that the U.S. was "pretty darned f**ked" on the night that Standard and Poor's downgraded the country's credit rating.   Another Washington official known for his testy language? None other than Tim "I have been the most f**king transparent secretary of the Treasury in this country's entire f**king history!" Geithner.

Yesterday, we found out that whatever it takes to bring about a real f**king recovery... with real f**king growth... and real f**king prosperity... central banks don't have it.

All they have is the ability to manipulate the credit market... and print more money. If that's all it took to make people wealthy, Zimbabweans would be the wealthiest f**king people on Earth, followed by the f**king Argentines.

And now we discover that, despite f**king Herculean efforts on the part of central bankers, more and more of the world economy is nevertheless still f**ked.

Central banks doubled their f**king assets (and the foundation of the world's money supply) in just four short years. The Bank of England was particularly energetic. It tripled its f**king assets. But the recession in Britain continues. And in the U.S., another f**king recession may be here already. If not, it's probably right around the f**king corner.

McDonald's sales are at a two-year low. If you can't afford a f**king Big Mac, what can you afford? Economist David Rosenberg, at Gluskin Sheff, says export orders are collapsing too. The last two times this happened, we were in a f**king recession. From Bloomberg:

Exports appear to be collapsing around the world. Data out of Germany this morning showed exports falling 1.9%, and South Korea, the canary in the coal mine, has seen exports crumble.

Now, Gluskin Sheff's David Rosenberg writes that soon we'll find "that the U.S. prints a negative-GDP reading on the back of a negative export shock that does not appear to be in any forecast."
He writes that 70% of real GDP growth since the "recovery" began three years ago has come from export volumes and inventory investment.

In fact, Rosenberg points out that there is an 81% correlation between annual growth in U.S. exports and ISM new orders, and that this level of new export orders coincided with the last two recessions.
And yesterday came the official announcement that France, too, is in a f**king recession.

"France is f**ked," said a friend at dinner last night.

"Everything is rigged... and re-rigged. France's Socialist president, Francois Hollande, is a rich man. He has three houses on the Cote d'Azur. But he claims to hate the rich. And gets votes by promising to punish rich people with higher taxes.

"They're already doubling the wealth tax. And now they're putting the income tax up to 75%. Of course, it doesn't really matter. It applies only to people earning more than a million a year. And hardly anybody earns that kind of money in France. If you're going to earn that much, you go somewhere else.
"So they say it's mostly symbolic. But symbolic of what? It's a symbol of a stupid, hypocritical government... that pretends that it can treat people who create wealth as though they were milk cows. It squeezes them dry... and then kicks them in the ass.

"And you know what? I can do something symbolic too. I can leave France."

Which is why France is f**ked. People with any gumption leave. They can move to London. They can move to Geneva. They can move to Brussels. They can live well in any of those cities.
Another guest at last night's dinner party was a farmer:

"I went to a meeting hosted by our regional farm bureau last week. They were explaining to us all of the wonderful things they are doing for us. They had a PowerPoint presentation... with great photos of them at work... showing all of the resources we had to work with.

"What they didn't bother to talk about was how costly all of their 'help' has become. In Europe, there are now five bureaucrats working in some area of agricultural administration for every one farmer. And these people increase a farmer's workload. Now I spend half of my time filling out the forms that these people require... or being inspected... or complying with some new rule or regulation.

"So when they got to the end of the presentation, they asked if there were any questions. I stood up. I said, 'I'd like to make a proposal. Since there are now five administrative people in the agricultural sector for every farmer... and since every farmer must spend half of his time dealing with the admin people... I propose that each farmer be given one paper pusher to work for him exclusively. That paper pusher's job will be to push the papers back to the other paper pushers.

"'You can plainly see the advantage of such a system. It will cost nothing. No jobs will be lost. And it will free farmers from doing things that aren't productive. In theory, it should double a farmer's productivity. So everyone will be better off.'

"The guy from the farm bureau just muttered something, and then they closed the meeting."
Our friend did not say so. But farmers are f**ked by the f**king farm bureaucracy.

But so what? We're all f**ked, because whatever the f**king central bankers have got, it ain't f**king enough to bring about real f**king growth in the real f**king economy.

And as we saw yesterday, the central bankers and central planners are the ones who f**ked up the economy in the first place. And now the only thing that would bring real growth is the very thing they refuse to do: Stop f**king with it!"

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FINANCIAL SAFETY SERVICES DISCLAIMER:

Financial Safety Services is NOT an investment advisory service. Financial Safety Services is an educational service that teaches the interested individual non-original [i.e. invented by others far more intelligent than myself], time-tested safe methods/principles that might be successfully used by the individual for relatively low risk speculations in various financial markets.

ACCURACY OF INFORMATION : Financial Safety Services MAKES NO CLAIMS AS TO THE ACCURACY OF ANY INFORMATION EITHER GIVEN AT THIS BLOG SITE, OR IN PERSON TO PAYING CLIENTS. All information given/sold, must be understood to have been acted on AT THE INDIVIDUALS OWN RISK .

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More About Financial Safety Services

[Free phone consultations via "Skype". To set a time/date email: onebornfreeatyahoodotcom ]

Financial Safety Services is a private , mostly off-line, international, person to person consulting service that attempts to show its real-time [i.e. non-internet derived] clients how to speculate safely with money that they can afford to lose. Money that the client cannot afford to lose should never be risked in these speculations

For more than 20 years, nearly all of Financial Safety Services clients to date have been found via direct [i.e off-line, in-person] referral from previously satisfied clients only.

No attempts are made to procure clientele via the selling of the sporadic, deliberately incomplete online information posted at this site. All valuable information is sold to clients, via e-mail, or preferably in person, on a "need to know" customized basis, depending on their specific speculative wants/needs.

Therefor any/all posts at this site are for the reference and possible benefit of pre-existing , real-world, paying clients only as part of my services [and to perhaps help emphasize a particular point I make to them in private], and never for the benefit of the general reading public and casual internet reader at large.

Internet posts arer not made on a regular schedule in order to build an on-line audience; only when I feel that so doing is beneficial to my actual existing clientele.

I have no interest in gaining clients first hand from any posts made either here or elsewhere [if it happens, it happens!] - as I previously stated, to date [20 years+], nearly all of my previous clients have come to me via direct, in-person referral from other satisfied clients- that is, [1]an existing client personally recommends my services to a close friend, [2] the friend contacts me, [3]we discuss their wants/needs, [4] I make a decision as to whether or not I can really help them, [5] We come to a financial agreement- or not :-) .

None- Client Questions?

Should a casual reader/none client have a serious question about an assertion I make on this site, they must write to me at: onebornfreeatyahoodotcom and I will do my best to answer their question. Their first question will usually be answered for free. After that, fees may apply.

Current Client Questions.

All existing, paying client questions are of course, answered for free [usually via private e-mail]- it is part of the service!

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Sunday, May 26, 2013

Revisiting The "Swiss Banks Are Not Safe for U.S Depositors" Scam

[N.B. Financial Safety Services has no professional affiliation with any bank, Swiss or otherwise, anywhere in the world.]

Main Goals of the Scam:

1]:To scare US citizens into abandoning offshore bank accounts [even though it is still perfectly legal for them to have one] and to "repatriate" their offshore finances.

In other words, big U.S banks are behind all of this, to no less an extent than the government itself- the banks obtain more fees from their new, scared , ex-offshore banking, customers.

2]: "Sheep shearing", i.e to "beat the bushes" and scare US persons using legitimate offshore banks in Switzerland and elsewhere into finally "coming clean" and paying even more money to the Federal behemoth than they already do, so that just like the banks themselves, the government gets more money [i.e. tax revenues].

Also, it is far easier for the US government to seize funds from a customers account within a fully cooperative US based bank that is threatened, than it is for it to do the same to an entirely foreign bank outside of direct US government influence.

Timing:

As in all government scams, for maximum psychological effect, timing is crucial in the scam/shearing operation.

Because the US "tax day" deadline is set for April 14th, typically [actually, like "clockwork" every year], the scam usually starts in the New Year and builds momentum January through March to its final crescendo of attention-grabbing headline status by April 14th. or so, as a scary reminder to all "good" [i.e. extremely gullible] US citizens to pay their "fair share" of taxes, and not to be naughty girls and boys and try to bank offshore, because according to those annual headline-grabbing, intentionally fear-inducing headlines, the US government can grab any/all offshore accounts it feels like, whenever it feels like it - even in Switzerland, despite its 600-odd year history of banking privacy for all non-criminal, depositors.

How The Scam Works: The "Straw Man" Set Up

The scam works by setting up a "straw man"[ or "straw men"] , who most people will, out of sheer ignorance, believe to be the genuine article, then have the U. S government attack [or "put pressure on"] said straw men, who then predictably, cave in to that pressure after a suitable amount of resistance on their part.

The media [i.e the propaganda arm of the U.S government] then dutifully broadcasts the caving in of the straw men and this is then broadcast as "proof positive" that other, seemingly similar
institutions [to the uneducated, anyway], are just as vulnerable as the straw men who have now caved to the demands of the U.S. government.

This Years [2013] Two Favorite Straw Men? : Credit Suisse and U.B.S.

This time around, there appear to be at least two straw men: Credit Suisse and U.B.S. therefor, pre April 14th we have had stories like this one appearing in places like The Wall Street Journal, implying that your money is no longer safe in any Swiss bank.

U.S Behind The Pressure Put On German Depositors?

Allthough the journal Article focusses on the ongoing trials and tribulations between German depositors and these two particular straw men, the implication is that the exact same demands from these institutons apply to U.S depositors at U.B.S. and Credit Suisse- which they do, of course.

In actuality, and in all liklihood, the U.S. government persuaded the German government to apply pressure in a "quid pro quid" arrangement to both their benefits. The timing of these "bush beating" escapades makes me suspect direct US involvement in what is happening to German depositors at these two institutions [Unless maybe the Germans also have an April income tax filing deadline or similar.]

Forget Most "Alternative" and "Free Market" Commentaries Too!

And by the way, even some of the the "alternative" "free market" financial press appears to have been fooled by the latest US government shenanigans, as these articles from The Daily Bell clearly show . [Which just goes to show, and no differently from any other news source, don't believe everything you read on an "alternative" "free market" website either.]:

http://www.thedailybell.com/28954/The-Destruction-of-Offshore-Banking-Tolls-for-Thee

http://www.thedailybell.com/28946/Anthony-Wile-Offshore-Banking-and-the-Shadow-of-the-Gallows-

Financial Privacy Anyone?:

If you want financial privacy via an offshore bank account [for whatever reason], and while it is still legal to do so, do not open such an account with any bank that has ANY branches in the US, or even has branches in an overseas territory at the mercy and influence of the US government.

Confiscation/ Seizure of US Citizen Depositors Funds

Remember also, any bank account held in the US or overseas that is subject to US law , in any US regulated domestic or foreign bank branch [ie still subject to US law], can be easily frozen, or even confiscated ", merely on suspicion", pre-trial, even pre-sentencing, by virtually any federal agency or by any federal judge, literally on a whim.

Exactly Why Are Credit Suisse and U.B.S. U.S Government "Straw Men" [ and therefor extremely vulnerable to U.S government pressure] ? :
I've written about this before, and why it is not true [and can never be true] that all Swiss Banks are susceptible to the same political pressure being applied to Credit Suisse, U.B.S. and their clients, by the U,S. bank lobby, via the U.S. government, here.

I see no need to repeat myself at this time. So if interested in this subject please read my previous article here. The article is free for you to read.

Still Don't Get It?

However if you are unable to "read between the lines" there, I'm afraid I would have to charge you for my time spent explaining further :-) !

Happy [and safe and private] offshore banking everyone.

Regards, Financial Safety Services.