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Court issues ruling that attorney client privilege no longer fully protected

The shocking secret most Americans in our apathetic society fail to realize is that over the past two administrations, all but one of the 10 Amendments in the Bill of Rights have either been usurped, or causally thrown away by the Federal government.  Even our most sacred trusts of Freedom of Speech and Freedom of Religion have been trampled to death under the auspices of minority rights, diversity, and fai ...

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Technocrats vote to allow your financial data shared with all nations

The current structure of the European Union is run not by elected sovereign leaders, but by intellectuals, elites, and bankers otherwise known as 'Technocrats'.  The technocrat is likened to the Head of DHS, or the EPA, where heads of state appoint un-elected officials to offices and give them vast power of persons, property, and policy. So when a group of 34 of these technocrats came together recently to d ...

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Like cigarettes, pot could become tax that saves state budgets

On Jan 1, recreational pot laws went into effect in the states of Washington and Colorado.  And while it is too early to determine how this will equate in the rise of overall revenue for the marijuana industry, expectations are already under way by these states on how taxes received from the sale of the drug can help in subsidizing their general budgets. Colorado projects $578.1 million a year in combined w ...

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Colorado will use pot to fund schools

Dec. 31 begins the first day of Colorado's new law which legalizes marijuana for recreational use.  In its first year, estimated revenues for businesses are expected to reach $578 million, yielding $67 million in tax revenue.  A large portion of that money will be going to fund education in Colorado, as well as the building of new schools. Colorado projects $578.1 million a year in combined wholesale and re ...

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Eurozone looks to embrace Bitcoin with taxes and regulation

There are many different ways a power structure deals with an up and coming threats to their empire.  They can either ignore it, attempt to suppress it, seek to dominate it, or lastly, initiate programs to co-opt it. The last option seems to be the one that the Eurozone is choosing to embark upon as on Dec. 15, Europe's top banker, along with Switzerland, are mulling proposals to not only recognize Bitcoin ...

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IMF proposes a 10% tax on all bank deposits to pay for sovereign crises

First there was Cyprus, where upwards of 60% of all bank deposits were confiscated to bail out private bank insolvency.  Then came new initiatives by several countries, including Canada, New Zealand the the ECB, to take depositor funds and use them to bail out financial institutions during the next economic or monetary crisis. And on Oct, 14, we have the IMF proposing a new 10% tax on all European depositor ...

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Abuse from IRS in Obamacare slush fund costs millions to taxpayers

It did not take long, but the first financial abuses in Obamacare are being reported on Sept. 25 in a new investigation conducted by the Treasury Inspector General for Tax Administration.  In the report, a healthcare slush fund controlled by the Internal Revenue Service (IRS) is missing $67 million that the agency is unable to account for, and is a disturbing start to the multi-billion dollar program that h ...

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Some Banks now FORCED to Send All Account Statements to Authorities for ‘INSPECTION’

  Starting from July 2013, but stretching back to 2011, a new law by the Italian Republic has come into force that not only enables the Italian tax offices to have free access to all data stored in the bank accounts in Italy, but also compels the banks to send all account statements directly to the authorities for inspection. The bank statements will be fed into software specially designed to check if ...

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NO CAKE: Happy 100th Birthday U.S. Federal Income Tax

On February 3rd, 1913, one of the two most historic events in US history took place: the ratification of the 16th amendment, which established Congress' right to impose a Federal income tax on Americans, and overturned Article I, Section 9 of the US Constitution which explicitly prohibited a general income tax. The amendment was brief and to the point, and read as follows: "The Congress shall have power to ...

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