“The NYPD is taking a more proactive approach to trying to prevent future crimes by people who are not receiving court-ordered mental health treatment. The city has come up with a list of 25 such individuals and, if found, they will be forced to receive treatment. Judge Andrew Napolitano weighed in on the city’s plan this morning on Fox and Friends, arguing that it is not the job of police to try to predict who might commit a crime based on how they are acting.”
Monthly Archives: February 2013
Whose Safety?
“War is the Health of The State” – Dr. Mark Thornton
PBS Runs an Article on Government Default

“Should the U.S. government default? Wrong question. The right question: Can the U.S. government avoid defaulting? The answer is clear: no. It will default. It is $222 trillion in the hole. That’s the present value of its future obligations. Of course it’s going to default. Would that be bad? Not for taxpayers. Would it be bad for the Powers That Be who run this country? Yes. Devastating. It’s coming. The mainstream media have ignored this statistically inevitable problem. The problem threatens the Establishment as no other. So, the media pretend it does not exist. But the blackout may at long last be cracking. We read this on PBS.”
The World Goes to Monetary War
“What does it all mean? Essentially that, just as in the 1930s during the Great Depression, everybody is in open protectionist confrontation against everybody else. Back then the ‘beggar-thy-neighbor’ policies started with the Smoot-Hawley Tariff Act of 1930. This time responsibility for triggering the devaluation race in the developed world is more widespread but the objective is similar to that of tariff policy in the 1930s.”
U.S. tire magnate blasts France’s ‘so-called workers’
“An incredulous — and insulting — letter from an American capitalist to a Socialist government minister in France has revealed a monumental clash of cultures. Tire magnate Maurice ‘Morry’ Taylor Jr., head of Titan International, did not hold back when he decided to tell Arnaud Montebourg, France’s minister for industrial renewal, where he could stick his suggestion that the U.S. businessman take over an ailing French factory.”
A City of Fear: A Visit to Timbuktu after Its Liberation By French Troops

“Colonel Gèze set up his headquarters in a camouflage tent across from the runway. Following the airstrikes by the French Air Force, his men entered Timbuktu without meeting any resistance. The colonel still feels a little uneasy about their speedy victory. Gèze can’t say how many people were killed in the air strikes. His soldiers didn’t take any prisoners, either. Still, even though the jihadists have left Timbuktu, Gèze hasn’t defeated them. Perhaps they have gone to Mauritania or Algeria. The officer shrugs his shoulders. ‘We’re keeping our eyes and ears peeled and are questioning our informants,’ he says. ‘The Islamists have to be hiding out somewhere.'”
British pound strikes seven-month lows amid calls for further weakness

“Sterling’s slide came as Martin Weale, a senior Bank of England policymaker, said on Saturday that the pound may need to weaken further, which would help to make exports cheaper and spur growth. ‘It may be that high levels of uncertainty and a reluctance to take on new risks have stood in the way of exporters seeking new markets and domestic producers doing what is needed to displace imports,’ Mr Weale said in a speech. ‘Provided the calmer atmosphere we have seen since the summer is sustained, we may see further benefits of the depreciation.'”
Foreign asset reporting before FBAR and FATCA: “loyalty questionnaires” for World War II Japanese American internees

“Most of us are familiar only with modern-day attempts to get Americans to report non-US accounts and investments: the controlled foreign corporation laws of the 1960s, followed by the Bank Secrecy Act of 1970, and today’s FATCA. But three decades before TD F 90-22.1 and seven decades before Form 8938, there was WRA 126, ‘Application for Leave Clearance’, which had to be filed by any Japanese American seeking to leave a War Relocation Authority internment camp.”
G20 vows to combat corporate tax avoidance

“G20 finance ministers meeting in Moscow have pledged to crack down on tax avoidance by multinational companies. The final communique said members were determined to develop measures to stop firms shifting profits from a home country to pay less tax elsewhere. The UK, France and Germany were the main movers behind the drive. The communique also said members would refrain from devaluing their currencies to gain economic advantage, amid fears of a new ‘currency war’.”



