Recently, the Tax Justice Network published a report called, "The Price of Offshore Revisited" that got some mainstream mention, and then — Gomer Pyle — was swept under the rug. Over the past couple weeks, though, the Real News Network has kept the story alive interviewing the report's author, James S. Henry. Consider this story juicy steak worth savoring.
What's significant about this is the architecture of the Fuehrer's banking dictatorship is seeing the light of day. Likewise is a face saving way out for those sheltering wealth from tax liabilities, the likes of which otherwise will be doomed by hyperinflationary blowout at the hands of criminally insane central bankers installed in their posts for that very reason (ditto the morally bankrupt Obama administration). Plainly, this sheltered money is best invested pushing Glass-Steagall hard. Otherwise great sums all too likely soon will be stolen.
Now, the issue of illicitly acquired capital aside (the drug trade and theft from national treasuries are two sources mentioned) — righteous rage over regulatory capture awaits revelation over whether the United States is the sort of "Christian nation" that could make fundamentalist looney bins who say so wish they hadn't — beyond Glass-Steagall there is the crucial matter of sovereign national banking financing creation of state-of-the-art physical economic platforms whose capacity must serve to significantly raise the economy's throughput, while productively employing every living soul willing to work. Indeed, this is the necessary path forward if today's wealth sheltered offshore ever is to see the taxman, and this gladly.
Otherwise, I have bad news for the vast majority who are sheltering their wealth offshore. The Fuehrer is about to unleash his Monetary Blitzkrieg Division and today's wealth is well positioned to become tomorrow's tear-stained wallpaper. And don't those behind the FT's July 3rd call for Glass-Steagall know it!
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.
Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
There's an easy way to boost your investment discipline...Get Real-Time Trade Notification!
