From the debt union to the asset register

[Skybird]

Austrian columnist Adreas Tögel writes (in German):


“From Troy to Vietnam” is the subtitle of the book “The Folly of Governors” published in 1984 by the American historian Barbara Tuchmann. In the introduction, the author states that the results of political action often come down to the opposite of what is intended. On the basis of the four historical examples she has chosen, the same basic problem always becomes clear: hubris - the many political leaders' own conviction that they cannot do anything wrong; Their unwavering trust in their genius and the power of their will. -

A book based on the example of Tuchmann and tailored to the situation of the European Union could have the title: The folly of the EU grandees: From the debt union to the asset register. From today's perspective, it is unbelievable what the citizens of the nation states - especially the Germans and the other potential paymasters of the European federal state targeted from the beginning - have been promised to arouse enthusiasm for participating in this elite project. Even the author of these lines once succumbed to the effects of the shawm tones sent out and was naive enough to trust that the promises made by the political elites (currency stability, debt limitation, prohibition of "bailouts", exclusion of state financing through the printing press, etc.) would actually be observed. -

Unfortunately, they all turned out to be wasted. What is more, lying to the inmates of the Union was even elevated to a virtue by the then Commission President Juncker. The Maastricht Treaty is not worth the paper it was written on. -

After the British left the EU, the members of the economically ailing and politically sclerotic “Club Méditerranée” have the upper hand. The proponents of a super-loose monetary policy, unrestrained debt orgies and the redistribution from the competitive to the backward economies are on the upswing. -

The Germans, Dutch, Danes and Austrians, on the other hand, have little pleasure in financing the conservation of petrified structures in Italy, Greece, Spain and France. Underperformers who live off strangers' money naturally have no objection to the redistribution of income and assets. That is why the EU grandees can be sure of majority approval for their frivolous monetary, financial and economic policy. -

But now the Eurocrats, intoxicated by their fantasies of omnipotence, could have made a fatal mistake. You have indicated that you are thinking about an EU-wide “asset register” in which all the assets of the then completely transparent citizens are to be recorded. It is no longer just about properties, company investments, securities accounts and current accounts, which are already revealed to the robbery tax authorities at the click of a mouse. No, this is where you get down to business: cash and gold stocks, contents of bank safes, jewels, works of art, stamp collections, fur coats and all other valuables. -

This outrageous presumption, which is justified threadbare with ostensible efforts in the “fight against money laundering”, could become a huge blow. And that's because suddenly the citizens of the “southern states”, which have been spoiled by the redistribution machinery of the EU, suddenly get caught in the crosshairs of the Eurocrats looking for new sources of money. Because French, Spanish and Italians have greater median wealth than Germans and Austrians. -

Since the central recording of all wealth stocks will be understood as the first step on the way to the (at least partial) expropriation of private wealth, even by simpler minds, the EU runs the risk of wasting credit in its most loyal provinces, of all places. Because the EU asset register is becoming a threat to those who have been petted so far, while there is not much to be gained from the Germans. -

After Brexit and the Commission's attacks on Hungary and Poland, this flagrant threat to private wealth will continue to worsen the image of the Union.

[Skybird]

The asset register is no fake news, the ECB and the EU indeed invetsiagte tos and ask their experts of how resistance from single states to it could be broken and gagged.

I compare it to already binding the victim to the table, so that later it can be raped more conveniently. It is crystal clear that Gangster Lagarde and Superuschi want to draw a treasure map where all chests with gold and jewels are being marked on.

All for the better service for the legal owners, of course. Like as everybody knows, Walter Ulbricht never wanted to build a wall, he said that loud and clear. It was no wall, but a protective measurement against fascism, and it was build because they had no other choice.



FIAT currency policies also are full of no choices.

[Rockstar]

Don’t worry Skybird you German’s are not alone. Unbeknownst to most if not ALL Americans is our own government is proposing to doing something similar. In that 3.5 trillion dollar infrastructure bill they’re working on. The house might be sneaking in legislation which instructs banks to report all of our private/personal transactions $600 dollars and above to the IRS. Of course banks are already complaining about the additional costs of this new mandate. But I’m sure they will find a way to pass on the burden to the consumer. lol

The Right to Financial Privacy Act which limited government access to our private banking and financial statement will soon be thrown in the trash. And the people who voted for these clowns don’t have the slightest clue what’s about to happen. There was a time when only cash transaction 10,000 dollars or more had to be reported. But that was 1970’s money now in 2020 iwhen you consider inflation it should have risen to around 70,000. Instead they are lowering it to 600.00.

Used to be in order for the government to gain access to your financial statements they need an authorization, signed and dated by the customer, that identifies the records, the reasons the records are being requested, and the customer’s rights under the act. And only if they had one or more of the following:
• An administrative subpoena or summons
• A search warrant
• A judicial subpoena
• A formal written request by a government agency
(to be used only if no administrative summons or subpoena authority is available)

Our rights to financial privacy are going away. But if people never realized what they had they won’t miss it.

[Skybird]

Over here it will not be only transactions. But the jewelry of the wife in her box in the dressing room. The mans watch. Gold coins or bars stored in the private safe. Talk was about criminalising people selling these later on without having it registeted (not to do that might have been the reason why they bought it).
Stocks. Arts. Everything of value must be registered, and if during that you cannot prove you legally got it, it can be "confiscated" (stolen).

Helpless naked and completely at the mercy of the parties you should be.

Once they have their treasure map finished _ then the robbing and plundering begins.

Fighting money laundering,
pah. Only very stupid people believe such blatantly stupid lies.


Years ago you could have bought gold anonymously and pay cash to up to 15 thousand. Then they made it 10000, then 3000, now 1000. If you lost the bill g- not the gold but the bill! you might find it difficult to ever sell it again without having it examined by the police and maybe getting it confiscated.



Owners of something get criminalised, everybody is but under general suspicion as long as his innocece is not proven he now is guilty. The burden of evidence is on the accused, not on the accuser.



There were times when in our western law tradition it was the other way around.