The Great Global Tax Grab is Already Underway

[Hatha Sunahara]

I am finally beginning to understand what is driving the actions of the big banks. Also the world's governments.

The TBTF banks have bet the entire planet and it's products for generations to come that there won't be any defaults on loans. If there is a single default of sovereign debt anywhere, it will bring down all the big banks, and the world's money supply will evaporate in an instant. All the world's governments know this, and have taken no measures to deal with this inevitable collapse--other than arming themselves to the teeth. And passing laws that ignore civilized behavior. We have before us not only a looming failure of the global financial system, but an even far worse failure of global leadership. Rather than asserting their power as sovereigns to avert catastrophic losses faced by their citizens, these governments have joined forces with the TBTF banks to preserve the current rotten corrupt system we have. Not a single one of them has proposed any systemic changes that might prevent or lessen the disorder that will certainly ensue if the mountain of derivatives comes crashing down on the TBTF banks. Instead they are preparing themselves for a revolution. Now ask yourself--wouldn't a responsible government try to prevent a revolution? Certainly they don't think they can survive a genuine spontaneous uprising by an entire population,can they? Maybe they are so corrupt they think they can. Celente says they will 'take us to war'. How? Who's going to join the Army? It's all privatized and done by proxy. Are we going to see a bunch of mercenaries take military control of the country? Is that what Homeland Security is? TSA? Uniformed mercenaries hired by a thug government?

So, get ready for an onslaught of taxes. And thefts and confiscations, and other things that will alienate you and everybody else from this corrupt gang of thieves that now control the world. Here's a piece that will help in gaining a better understanding if you don't already have it of what is driving events now.

Hatha


http://investmentwatchblog.com/the-great-global-tax-grab-is-already-underway/

The Great Global Tax Grab is Already Underway


April 12th, 2013

by Phoenix Capital Research
The world will soon be facing a tsunami of defaults on bad debts. This will include municipal or local government defaults such as the one now occurring in Stockton California, governments “defaulting” on promises they’ve made to the people (Social Security, Medicaid), a default on the social contract between society and politicians such as the one in Cyprus (a default on the notions of private property and Democracy), stealth defaults on debts in the form of inflation and finally, of course, outright sovereign defaults.
However, the last option will be sovereign defaults; all other options will be tried first. The reason for this is that sovereign bonds are the senior most collateral posted by the banks for their hundreds of trillions of Dollars worth of derivatives bets.
The minute an actual sovereign default occurs in Europe, Asia or the US, then the large global banks will all be vaporized. End of story. As is now clear, the Central banks do not care about ordinary citizens. They only care about propping up the big banks.

This is why Cyprus decided to default on the social contract with its people and steal their funds rather than simply instigating a formal default. And it’s why in general we’re going to see Governments implementing more and more theft in the form of “taxes” (Cyprus called its theft a tax) in the future.

This will be sold to the public as either an attempt to tax those with a lot of money because it’s only fair that they put in more to bailout the nation OR as a form of financial terrorism e.g. “either you take a 7% cut on your deposits and the bank stays afloat or the bank crashes and you lose everything.”


This will be spreading throughout the world, GUARANTEED.

Spain, Canada (which allegedly has the safest banks in the world), and New Zealand have already begun discussing confiscation schemes for depositors in the event of a banking crisis.

As Cyprus has shown us, when push comes to shove, rule of law goes out the window. I fully expect that when things get really bad in the financial systemhttp://images.intellitxt.com/ast/adTypes/icon1.png the money grabs will come fast and furious. Foreign accounts, including possibly even Gold held aboard, will come under attack. Heck, the US got Switzerland to throw its 300-year-old banking secrecy out the window…

[Twisted Titan]

Physical cash
Physical assets
Armed to the fricken teeth.


Anything else will virtually gurantee when the hammer finally falls you are going to be a Refugee when there wont be a shred of huminaity or compassion.


Get Real or Get Dead.
Choose.

[mick silver]

but an even far worse failure of global leadership. ......... dam is that not true , not one of the leader around the world have a f clue of what it take to run a country . here in my state the funds for state retartment is 30 billion short i am waiting to see how they come up with the money to fund the state worker