Capital Controls and a Bank Holiday in Greece… Here’s How You Can Profit

Capital Controls and a Bank Holiday in Greece… Here’s How You Can Profit

For the unprepared, it happens like a mugging…

When you hear a central banker or politician deny that something is going to happen to bank depositors, you can almost be certain that it will happen. And probably soon.

Coming from a government official, the real meaning of “No, of course not” is “Could be tomorrow.”

There’s a reason for the dishonesty. The government needs to take the public by surprise. Otherwise they won’t get the results they want from capital controls or a bank holiday.

The term bank holiday is a politician’s euphemism. When one happens, you won’t be celebrating. You won’t be able to access your bank account, and you’ll be worried.

How will you get by, and how long will the lockout last? And when it ends, will all your money still be there? Will any of it remain?

Calling the experience a bank holiday is like calling a street mugging a surprise party.

Once the banks are closed – or on “holiday,” as the government puts it – the politicians are free to help themselves to as much of the customer deposits (including yours) as they want. It’s like an all-you-can-steal buffet.

A bank holiday usually dovetails with capital controls, which are restrictions on the free flow of money out of the country. Capital controls make it hard for the country’s remaining wealth to dodge a future mugging.

Bank holidays and capital controls are all about the government maximizing the amount of money available for them to confiscate during a crisis. Pen up the sheep, and they’re easier to shear.

It’s a common pattern… 1) country in financial trouble, 2) government denials, 3) surprise bank holiday, 4) wealth confiscation, and 5) capital controls.

It’s a pattern we’ve seen repeated in many countries in economic crisis.

We saw it in Cyprus during their banking crisis of 2013. The trap slammed shut without warning on an otherwise ordinary Saturday morning. The government declared a surprise bank holiday. Capital controls and a bank deposit confiscation followed. It occurred despite repeated promises from the highest Cypriot politicians that bank deposits would be safe.

And now we are seeing the same pattern in Greece.

For the past month, Greece’s government has been denying that it intends to impose capital controls. Yesterday, Sunday morning, the Greek Finance Ministry repeated the denial yet again. Then on the same day – a few hours later – the Greek government declared a weeklong bank holiday. And they would impose capital controls after all.

But don’t worry. The Greek Prime Minister promised that bank deposits would be “completely safe.”

Rather than being “completely safe,” they are far more likely to be harvested by the Greek government, which is free to do as so many troubled governments have done… take the money and run.

Given Greece’s years of chronic financial weakness, none of this should come as a surprise.

There was ample time for any Greek citizen to protect himself from what the government is now doing. But now, with the bank holiday in place, it’s too late.

Moving money into something that Greek politicians can’t steal with a couple taps on a keyboard – like a Greek bank account – would have bought a large measure of protection.

A bank account in another EU country like Austria, a piece of real estate in South America, some physical gold in Singapore or a brokerage account in Hong Kong would have been just what the doctor ordered.

Most people understand that it’s foolish to keep all their eggs in one basket. Yet they fail to go far enough in applying the principle. Diversification isn’t just about investing in multiple stocks or in multiple asset classes. Real diversification – the kind that keeps you safe – means holding assets in multiple countries, so that you’re not overexposed to the economic and political risks that are present in every country.

The problem is, despite having options available to them, many Greeks had a “this can’t happen here” mentality. So they did nothing to prepare. The reality is, what happened in Greece can happen in any country, as it has happened throughout history.

But could it really happen in the US? According to Judge Andrew Napolitano, the troubling answer is YES. The judge is a legal expert. He knows all about bank holidays, capital controls, and other shenanigans politicians pull. The judge has said, “People who have more than $100,000 in the bank are targets for anygovernment that’s looking for money to shore up its own inability to manage its finances.”

The whole ordeal in Greece is yet another example of why international diversification is so important. It’s a prudent strategy because it frees you from absolute dependence on any one country. Achieve that independence, and events or policies where you live can never dominate your life.

Wealthy families have been doing it for centuries. Today, with modern communications, international diversification is within everyone’s reach.

International Man’s mission is to help you protect your personal freedom and make the most of financial opportunity around the world. Global diversification is at the heart of it. Discovering the best investment opportunities around the world is another. And, ironically, the best opportunities often show up after a government has done its worst to a country. For example, in places like… Greece.

Investor sentiment in Greece is nearing the point of maximum pessimism… the point at which almost nobody wants to buy. Prices of Greek stocks have already crashed headfirst into the pavement, so we may be getting close to the best time to buy. As Baron Rothschild advised: Buy when the blood is in the streets.

That’s what crisis investing is all about, and it’s enormously profitable.

Seeking out home runs in crisis markets is exactly what Doug Casey and I do in each monthly issue of Crisis Speculator.

Back in 2013 there was another crisis in a Mediterranean country… Cyprus.

Doug and I put our boots to the ground in Cyprus to search the rubble for investment bargains that would be too good to resist. And we found them.

Despite all the ugly headlines, sound, productive, and well-run Cypriot businesses continued to produce earnings and pay dividends. Anyone with a little money and a cool head could have bought their stocks on the ultra-cheap.

One of the Cyprus companies we recommended has more than tripled as of this writing. Another has more than doubled. Two others have come close to a double. Our readers have loved the experience.

We expect that even bigger bargains are emerging nearby, in Greece.

The financial crisis in Greece is not going to destroy the solid companies operating there. But it is going to make their stocks extremely cheap. And that could mean huge profits for you.

For full coverage of this rich profit opportunity, be sure to check out Crisis Speculator by clicking here.

Until next time,

Nick Giambruno
Senior Editor
International Man

DEA Agents Who Stole Money and Extorted Silk Road Founder Plead Guilty

Disavowed and prosecuted! Usually these “agents” work under the direct order of their respective alphabet agencies. They are professional spooks trained to avoid detection while laundering dirty money to the agencies’ coffers. These two got a bit too entrepreneurial and started collecting on the sly. Now no mafia organization worth their salt will allow such behavior! So they exposed these 2 rats to make examples of them. Gotta keep their caporegimes in check!

Carl Force, one of the two Drug Enforcement Administration (DEA) agents accused of extorting and stealing hundreds of thousands of dollars from the Silk Road during the time the online drug bazaar was being taken offline and investigated, has pleaded guilty to charges according to new court documents filed Monday.

Force is one of the two agents accused of extorting the black market founder and both were arrested under such charges back in March. The other accused agent, Secret Service agent Shaun Bridges also agreed to plead guilty last week.

Accused agents sentencing will occur at a later date in the year, but Force has agreed to initiate his guilty plea to take effect July 1.

Agents were caught red handed with evidence and were taken to federal court where it was reveled that Force used multiple online aliases to communicate with Ross William Ulbricht, the alleged founder and operator behind the wildly successfully black market for drugs and illicit services, the Silk Road. Force allegedly used an account labeled “Nob” to bust online drug dealers, where he was then able to convince Ulbricht to setup a fake hit, or assassination, against another drug website administrator.

Force also created another online alias under “French Maid” which his staffers or employees were not aware of at the time.

According to agent reports, Force offered Ulbricht inside information on the government’s investigation into the Silk Road under both online aliases. Ulbricht paid both of Force’s faulty accounts for alleged counter-intelligence. What information Force gave Ulbricht was not made clear in the case.

Force took two payments from Ulbricht, worth a accumulated total of $90,000 in bitcoin under his work account, Nob. On Force’s personal account, he accepted a single payment of $100,000 in bitcoin, unknown to his staffers.

Coming in under a third personality, Force created “Death from Above” in hopes of extorting Ulbricht for $250,000, with blackmail that he was aware of Ulbricht’s identity during the time he was anonymous. At the time Force was unaware or Ulbricht’s real identity and his extortion plan backfired and failed entirely.

During Force’s investigation, accusers found large amounts of wrongdoing on Force’s part, including working for a “digital currency exchange company” called CointMKT. Force was caught abusing his position as a DEA agents to help the company perform criminal background checks. The documents cite one case where Force froze $297,000 worth of bitcoin from a CoinMKT customer, and transferred the total to his personal account.

Both agents accused, Force and Bridges, worked for a Baltimore-based task force where they knew each other, but were allegedly running separate long term schemes. Bridges abused his position to steal admin credentials from the Silk Road to lock dealers from their accounts and drain their bitcoins into his personal account. Bridges operation gained him a some $820,000 in bitcoin.

Agents corrupt investigation was still ongoing through Ulbricht’s trial, who went up in January this year. Due to this, Ulbricht’s lawyer is arguing that since Ulbricht was prevented from speaking with the corrupt agents, he was unable to receive a fair trial after he was sentenced to life in prison without parole.

Prosecutors argued that the investigation must be kept secret during the time of operation, and convinced U.S. District Judge Katherine Forrest that the corrupt agents investigation was kept separate in Baltimore, away from federal officials investigation that they claim took place in New York.

List of Secure Email Providers that take Privacy Serious

List of Secure Email Providers that take Privacy Serious, Freedom Hacker

Here is a list of secure email providers that take your privacy serious and do not track you (details on providers below):

The list of secure email providers above is a comprehensive list of privacy focused providers that has been vetted by our team of security experts. These are not big name providers or privacy-violators that can be found scattered across the front page of search engines and ads. If you don’t wish to switch email providers, we recommend you begin implementing some form of encryption, such as PGP.

Top 5 Secure Email Providers

Hushmail Secure Email1) HushMail – A Canadian based privacy-conscious company that has provided secure email since early 1999 and has easily been one of the longest lasting privacy-focused email providers to date. Even though the company has had past run-ins with law enforcement, through their last 16 years of email services Hushmail has only been forced to turn over three user accounts on one occasion. However, Hushmail is packed with loads of great features including automatic encryption, temporary email addresses, strict HTTPS and two-step verification. Despite their rocky past, Hushmail has kept a strong hand on security and is our #1 favorite secure email provider.

ShazzleMail2) ShazzleMail – Another privacy-based email solution that takes a different stance on email. Instead of relying on ShazzleMail servers, the company makes you the email provider. Typically when you receive an email, it will be sent through the Gmail or Yahoo servers and be stored on their webservers in your inbox. With ShazzleMail, all emails are sent directly to you and pass through no third-party server. The app works through a smartphone, where the device will act as the main server and allow you to locally host your own email. Some drawbacks include, if your phone dies so will your email for the duration it’s turned off and it’s not accessible 24/7 everywhere.

startmail3) StartMail – Coming from the company behind the privacy-oriented search engines StartPage and IXQuick, a secure email solution was born. StartMail is a newer email solution born in 2015 after Snowden revelations uncovered that big name companies and governments were spying on everyone’s email. StartMail offers an abundance of features including disposable email addresses, one-click email encryption (PGP), alongside Perfect Forward Secrecy (PFS) and SSL encryption.

Riseup Email4) Riseup – A Seattle-based digital collective that offers free security and anonymity tools. Born out of the need for email privacy, Riseup provides a secure email solution with absolutely no censorship. Unlike many other email providers, Riseup is owned and operated by a small collective of pro-privacy activists who have kept the service government free since 1999. Even after previous tie-ups with law enforcement, no data was ever captured, seized or read by any third-party or government entity.

5) TorGuard – A leading provider in anonymous services is TorGuard’s latest edition, Anonymous Email. Torguard’s anonymous email service is their latest edition to their privacy product arsenal, offering up a truly private inbox. The service allows for you to manage OpenPGP on the fly with their default encryption implementation. The anonymous email gives you a truly private inbox that no third-parties can scan and read.

Optional) Blur/MaskMe – Abine’s MaskMe is a one of a kind service, providing anonymity and total privacy when it comes to email. MaskMe allows you to create disposable email addresses that will forward to your real email address. This means you can signup for websites with a masked email such as that will forward to your real email at Disposable emails are great for stopping spam as you can disable the email address at anytime. That website you signed up for months ago just started spamming you? Simply delete the email address and all emails sent to that disposable address will no longer be forwarded to you. We recommended you use the service atop a secure email such as Hushmail.


After revelations uncovered that third-parties and governments have been spying on our email communications for years, the need for a secure email solution was made immediate. Privacy-conscious email provider has never been in higher demand. When you use a mainstream email provider that spies on its users, it doesn’t only hurt you, it affects everyone’s privacy. Your email address stores your interests, personal hobbies, daily activities, friends, family and thousands of other personal details, why let these big name providers take your privacy away?

Google Chrome Secretly Listens in and Snoops on your Private Conversations!

Google Chrome Installs Audio Listener

Google has been under fire after it was revealed the company was secretly downloading an auto listener onto every computer that had Google Chrome installed. The software Chrome downloaded would capture and send back audio data to Google, meaning that when you are running Chrome, Google has the ability to potentially eavesdrop on your conversations or pick up on nearby sound.

The issue came to light through Rich Falkvinge, the founder of the original pirate party, who said Google is installing this software onto everyone’s computer without permission. According to Falkvinge, evidence suggesting Google may have downloaded an audio software capture tool had arisen when a bug report came out with users getting error notifications that the microphone and audio capture settings were being activated by default.

Falkvinge stresses how he believes Google intentionally installed the software on computers running Chrome, which automatically switches the microphone setting “On” by default, enabling Google to listen in on conversations. He believes that Google has silently installed black box code into the open-source Chromium browser which the closed-source Google Chrome is built off, meaning the browser comes with pre-compiled code were unable of verifying.

Chrome’s extension in question is “Chrome Hotword,” an extension responsible for activated Google’s signature “OK Google” functionality.

‘Ok Google’ is a feature that has enabled millions to search throughout Google via their voice, but the feature can also allow Google to eavesdrop on conversations made by end users.

Falkvinge says the black box code enables a feature that can activate search functions through the browser when you speak “OK Google,” however the listener is always active.

“Your computer has been stealth configured to send what was being said in your room to somebody else, to a private company in another country, without your consent or knowledge,” Falkvinge said.

Falkvinge said Google’s voice command feature could capture audio which is then examined by Google’s servers, not your computer. This means Google Chrome would have the ability to consistently stream live audio feeds from wherever the computer is located. All of the data transactions would occur without the end users knowledge.

Following recent accusations, Google stood up trying to defend themselves saying the “OK Google” feature is an extension you choose to opt-in.

“First and foremost, while we do download the hotword module on startup, we do not activate it unless you opt into hotwording,” a Google team member said in their development forums. “If you go into ‘chrome://settings,’ you will see a checkbox ‘Enable ‘Ok Google’ to start a voice search. This should be unchecked by default, and if you do not check it, the hotword module will not be started.”

Google further argued how Chrome is not open source and if any open source distributors, such as Debian, have issues with it, they must disable the modules themselves.

However, after the amass of complaints how Google Chrome automatically installed Chrome Hotword without an opt-out feature, Debian mitigated the issue by disabling the extension by default in their latest distribution of Chrome.

Google has allegedly offered up a way to solve the problem and opt-out of their program, but given the fact that the program was secretly installed without users’ knowledge, most affected may never know their computers are wire-tapped grounds.

Falkvinge made a fair counterargument during his findings, stating it’s possible that data recorded is not sent to Google til the voice command was enabled. A reader told Falkvinge that while monitoring outgoing traffic, they ware able to identify the audio listener is not sending everything you say to Google Chrome from your computer.

It was made clear that Falkvinge laid immense stress on the fact that Google downloaded black box code to your computer without consent or knowledge, enabling your microphone, allowing them to listen in on any conversation.

[Photo via Stephen Shankland/Flickr [CC BY 2.0]]

A lot of what appears to be judicial misconduct isn’t – Tired of being scamed? Wise up Americans – You have no lawful republic form of government!

Source: Giftoftruth

From: Analysis of a Country Embezzled; J. Audrey:

The reader must understand that it took centuries and generations to get where we are today, which is nearly the peak and grand finale of this attempted one world order. In following a pattern of crime one must always follow the money; this will be explained to the reader how this international theft has converted everything of monetary value into the few and mighty, known as the “Banksters.”

Some of the documents read to follow this trail date back to 1199. Others date to 1213, that being the “ Magna Carta 1215”1, ‘“The Privileges and Prerogatives Granted by Their Catholic Majesties to Christopher Columbus April 30, 1492”2 also is part of the evidence exposing this worldwide fraud. Numerous Charters read are dated in the 1600′s, including; “The First Charter of Virginia April 10 1606,”
“The Second Virginia Charter 23 May 1609”, “The Third Charter of Virginia; March 12, 1611,” “The Charter of New England : 1620,” “Charter for the Province of Pennsylvania-1681,” “Charter of the Corporation of the Bank of England 1694,”3

In 1826 came the Bankruptcy Law which came under “Agriculture”.
Additionally, documents dating back to 1863 include the letters to and from The Rothschilds found in “Vindication” and further explained in “A Country Defeated In Victory Part II (see pages 2-6) by James Montgomery.”4 The letters found in these documents even include the mathematical formula the Rothschild’s crafted showing intent and how the bank notes will provide such a great profit no one could resist the investment and those uneducated will bear the brunt of the burden.

Also put into play in 1863 is the First Bank Act, that of which Abraham Lincoln could see what the future held for America and drafted The Lieber Code, also known as General Order 1005. President Lincoln placed the military in charge of America’s real money protecting the assets from the cancerous international bankers spreading to anyone coming in contact with the toxic Rothschild’s blood with no antidote but for those blue bloods.

In 1867 The Reconstruction Act was passed placing the country under military authority, to which Andrew Johnson vehemently opposed and drafted his veto.
In 1907, The Corporation Trust Company of America was created as a Delaware Corporation, later amended on April 15th 1930 to The Corporation Trust Company, now omitting the words “of America” as it is now.

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4 `Vindication’, pages 168-179, by Judge Rutherford [and appeared in a St. Louis Mo. in the 1890’s:]
5 THE LIEBER CODE of April 24, 1863 also known as Instructions for the Government of Armies of the United States in the Field, General Order No 100, or Lieber Instructions signed by President Abraham Lincoln had become a worldwide Corporation through which every deed, document, contract and securities is funnelled.

…. “To keep and maintain safe deposit vaults and boxes and to take and receive
upon deposit for safe keeping and storage stacks, bonds, securities, papers, books and documentary records and personal property of every sort or kind, and to let out vaults, sages and other receptacles.

To promote, reorganize or otherwise assist and afford facilities to any company or companies organized or to be organized under the laws of the State of Delaware or elsewhere and desiring to do business in the State of Delaware and elsewhere, and to act as the agent, trustee or otherwise for and in behalf of such corporation”….
In addition to the above reference documents numerous Congressional Records were also diligently studied to obtain evidence of a pattern of fraud committed worldwide.

Some of those Congressional records are:

The Federal Reserve Act of 19137, and Trading with the Enemy Act of 19178
“…On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON. The petition for Articles of Impeachment as thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON.”….. 9

The U.S. Bankruptcy of 1933 is yet another key in this expose’ of international fraud committed by the few elitists claiming all worldly rights.
Also part of this devious plan is The Bankruptcy Act of June 27-28 1934;
“…To amend an Act entitled “An Act to establish a uniform system of bankruptcy
throughout the United States”, approved July 1, 1898, and Acts amendatory
thereof and supplementary thereto.”…..10
June 28, 1934,.Is.3550.1,[Public, No. 486.]

Even further documented evidence supporting the intent of world domination is shown through the Congressional Record of 1940.11 This document shows that the vying parties were the Jewish money changers and the English Colonists, which were explained in greater detail in the Charters listed above.
After 1940 in this intentional chain of events comes the International Organizations Immunities Act of December 9, 194512

In 1946 the United Nations Charter was drafted, but the US Bankruptcy of 1933 shows that that act was done through The UN, which for anyone who can do the math will clearly see was 13 years before the UN existed, further establishing the intent, forethought and malice in the plot to rule the entire world through the Rothschild’s International Banks, already indebted to the Vatican, which would now be aiding and abetting as a co-conspirator.

6 Certificate of Incorporation of Corporation Trust Company of America, 26th day of March 1907
7 Federal Reserve Act, 1913
8 Trading with the Enemy Act Oct 6, 1917-HR 4960
9 Congressman McFadden on the Federal Reserve Corporation Remarks in Congress, 1934 AN ASTOUNDING EXPOSURE
10 CONGRESS. SESS. I. C S. 868, 869. JUNE 27, 28, 1934. 1289
11 US Congressional Record Proceedings and Debates of the 76th Congress, Monday August 19, 1940 Third Session, Debate of Honorable Judge Thorkleson, Steps Toward British Union, a World State, and International Strife—Part I
12 International Organizations Immunities Act, December 9, 1945 AN ACT To extend certain privileges, exemptions, and immunities to international organizations and to the officers and employees thereof, and for other purposes as the Vatican is also known as “Banco Vaticano,” meaning Vatican Bank.

There are so many documents providing irrefutable evidence of this intent to control the world’s wealth by the banks that the reader would become overwhelmed before even getting to the best part of this plot.

Scanned Retina - A Resource for the People!

On Jun 28, 2015, at 1:36 PM, Anna Von Fritz <> wrote:

A lot of what appears to be judicial misconduct isn’t “judicial” in any sense, it is purely private business being carried out under false presumptions and pretenses.

The Commissions review “judicial” actions to make sure that the judge is benefiting the corporation’s interests and that they are giving the correct APPEARANCE of being a court and acting according to “law” while in fact functioning as privateers.

You must ALWAYS remember what you are dealing with–

Sent from my iPhone

On Jun 28, 2015, at 9:22 AM, ARNIE ROSNER <> wrote:

Will you permit this criminal injustice stand?ON YOUR WATCH?


In the service of the creator.

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Paul Craig Roberts Warns Greek Government May Be Assassinated In This Crisis If They Pivot East To Stop World War III

Former US Treasury official Paul Craig Roberts (below) says Greece may maneuver to stop World War IIIKWN Roberts I 6:26:2015

Dr. Paul Craig Roberts:  “The Greek people and the Greek government have before them the unique opportunity to prevent World War III.  All the Greek government needs to do, if the Greek people will get behind the government, is to default on the loans, resign from the EU and from NATO, and accept the deal that the Russians have offered them….

“This would begin the unraveling of NATO.  Very quickly Spain and Italy would follow.  So southern Europe would desert NATO and so would Austria, Hungary and the Czech Republic.  NATO is the mechanism that Washington uses to cause conflict with Russia.  So as the EU and NATO unravel, the ability of Washington to produce this conflict disappears.

The Greek government understands that what is being imposed on Greece is not workable.  Since the (implementation of) austerity the Greek economy has declined by 27 percent.  That’s a depression.  And they keep hoping that the Germans wake up one day and realize that austerity is not the way you cure debt, and that the Greek government cannot agree to conditions that drive the Greek population into the ground.  They (the troika) are talking about (a) genocide (of the Greek population).

The Russians understand that Greece is being plundered by the West and met with the leader of Greece and offered him a deal.  They said, ‘We’ll finance you.  But not to pay off the German and Dutch banks, the New York hedge funds or the IMF.’”

Dr. Roberts’ Amazing Predictions From February 4, 2015

Eric King:  “Dr. Roberts, this touches on a point that you made during a February 4 (KWN) interview.  You said:

“There is much more involved here with Greece than just the interests of the creditor banks, who still want to be paid 100 cents on the dollar.  There is another strong interest and this is the interest of the centralizing European Union government and the interest of the EuropeanCentral Bank as the policy-maker for all of the countries.  So they are using the Greek crisis to establish that ruling power structure.  That makes it difficult to make an agreement with the new Greek government to ameliorate the conditions imposed on Greece.  So it makes the EU inflexible.  That inflexibility gives Greece the cards to say, ‘We’re not playing your game.  We’re going to play a different game and accept Russias offer.’”

King World News --- Paul Craig Roberts -- The New Greek Government May Be Assassinated copy

Was The Greek Government Threatened With Assassination?

Eric King continues:  “You said that back on February 4.  Here we are coming to the end of June and there’s still no deal.  So that was a correct prediction on your part.  But you also went on to say:

We’ll see whether the Greek government does that.  Now of course they may not be allowed to.  They may be assassinated.  It’s entirely possible.  I’ve never thought that the United States would allow a new government in any of its vassal states to rise up and becomeindependent of Washington’s control.  So the new Greek government officials may have an ‘accident.’  All kinds of terrible things can happen to people, and have, that get out of sync with Washington.  We’ve had several cases in Latin and South America of leaders who wouldn’t follow Washington’s line having mysterious deaths.  There have been a number of them who have been overthrown in CIA organized coups.

Eric King continues:  “This Greek drama has been incredible and you have been in front of this story the entire way.  You were the first to predict that Russia would get involved and you predicted this deal wouldn’t (immediately) get done.  But these threats that have been on the table are a bit terrifying if you are the Greek government because you are having to worry about being assassinated (if you don’t comply).  Is that last part of the puzzle the reason why they haven’t been able to work with the Russians or the BRICS Bank?  To (simply) default and say, ‘We’re not going to be debt slaves to the West (and the IMF).  We’re going to set up our own currency.  We’re going to reboot here and we are going to look to the East.’”

Dr. Roberts:  “Eric, you summed it up very well.  That’s exactly the case.  It could well be that the Greeks know they can’t default and leave or they will simply be assassinated.  This may have been made clear to them.

If You Leave The EU, You Are Dead

The troika has no interest in the facts of the matter.  They have another agenda that we already discussed.  And the Greek government has to see that there is no interest on the part of the troika to resolve the issue.  That does suggest they understand that the real solution is not open to them.  That they will not be permitted to leave the EU and NATO and make this deal with the Russians.  I wouldn’t be surprised if they have simply been told, ‘You can make a good show of it, but if you leave (the EU,) you are dead.’

King World News - Greece Standing Strong On The Shoulders Of Russia And China And The Road To $19,000 Gold

Will The Greeks Stand Strong And Save The Planet From World War III? 

Otherwise there is this chance that the Greeks, by defaulting and leaving Europe, begin a process of unraveling NATO.  Therefore, the Greeks have in their hands the ability to save the planet from World War III.” ***KWN has now released one of the most important and powerful interviews that Dr. Paul Craig Roberts has ever given.  Dr. Roberts discusses why the Greek tragedy is one of the most important and pivotal crises that the world has ever faced, as well as the desperate moves being made by Western central banks in global markets ahead of the resolution of this crisis, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

KWN ROBERTS mp3 6:27:2015

***The remarkable audio interview with Michael Pento has also now been released, where he discusses the coming carnage in global markets, what investors can do to protect themselves, and what to expect from gold and silver, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

KWN Pento MP3 6:28:2015

***ALSO JUST RELEASED: Big Money Now Panicking As Legendary Economist John Williams Issues Dire Warning CLICK HERE.

Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required

Carole Hinders at her modest, cash-only Mexican restaurant in Arnolds Park, Iowa. Last year tax agents seized her funds. CreditAngela Jimenez for The New York Times

ARNOLDS PARK, Iowa — For almost 40 years, Carole Hinders has dished out Mexican specialties at her modest cash-only restaurant. For just as long, she deposited the earnings at a small bank branch a block away — until last year, when two tax agents knocked on her door and informed her that they had seized her checking account, almost $33,000.

The Internal Revenue Service agents did not accuse Ms. Hinders of money laundering or cheating on her taxes — in fact, she has not been charged with any crime. Instead, the money was seized solely because she had deposited less than $10,000 at a time, which they viewed as an attempt to avoid triggering a required government report.

“How can this happen?” Ms. Hinders said in a recent interview. “Who takes your money before they prove that you’ve done anything wrong with it?”

The federal government does.

Using a law designed to catch drug traffickers, racketeers and terrorists by tracking their cash, the government has gone after run-of-the-mill business owners and wage earners without so much as an allegation that they have committed serious crimes. The government can take the money without ever filing a criminal complaint, and the owners are left to prove they are innocent. Many give up.


The I.R.S. seized almost $33,000 from Ms. Hinders. CreditAngela Jimenez for The New York Times

“They’re going after people who are really not criminals,” said David Smith, a former federal prosecutor who is now a forfeiture expert and lawyer in Virginia. “They’re middle-class citizens who have never had any trouble with the law.”

On Thursday, in response to questions from The New York Times, the I.R.S. announced that it would curtail the practice, focusing instead on cases where the money is believed to have been acquired illegally or seizure is deemed justified by “exceptional circumstances.”

Richard Weber, the chief of Criminal Investigation at the I.R.S., said in a written statement, “This policy update will ensure that C.I. continues to focus our limited investigative resources on identifying and investigating violations within our jurisdiction that closely align with C.I.’s mission and key priorities.” He added that making deposits under $10,000 to evade reporting requirements, called structuring, is still a crime whether the money is from legal or illegal sources. The new policy will not apply to past seizures.

The I.R.S. is one of several federal agencies that pursue such cases and then refer them to the Justice Department. The Justice Department does not track the total number of cases pursued, the amount of money seized or how many of the cases were related to other crimes, said Peter Carr, a spokesman.

But the Institute for Justice, a Washington-based public interest law firm that is seeking to reform civil forfeiture practices, analyzed structuring data from the I.R.S., which made 639 seizures in 2012, up from 114 in 2005. Only one in five was prosecuted as a criminal structuring case.

The practice has swept up dairy farmers in Maryland, an Army sergeant in Virginia saving for his children’s college education and Ms. Hinders, 67, who has borrowed money, strained her credit cards and taken out a second mortgage to keep her restaurant going.

Their money was seized under an increasingly controversial area of law known as civil asset forfeiture, which allows law enforcement agents to take property they suspect of being tied to crime even if no criminal charges are filed. Law enforcement agencies get to keep a share of whatever is forfeited.

Critics say this incentive has led to the creation of a law enforcement dragnet, with more than 100 multiagency task forces combing through bank reports, looking for accounts to seize. Under the Bank Secrecy Act, banks and other financial institutions must report cash deposits greater than $10,000. But since many criminals are aware of that requirement, banks also are supposed to report any suspicious transactions, including deposit patterns below $10,000. Last year, banks filed more than 700,000 suspicious activity reports. Owners who are caught up in structuring cases often cannot afford to fight. The median amount seized by the I.R.S. was $34,000, according to the Institute for Justice analysis, while legal costs can easily mount to $20,000 or more.

There is nothing illegal about depositing less than $10,000cash unless it is done specifically to evade the reporting requirement. But often a mere bank statement is enough for investigators to obtain a seizure warrant. In one Long Island case, the police submitted almost a year’s worth of daily deposits by a business, ranging from $5,550 to $9,910. The officer wrote in his warrant affidavit that based on his training and experience, the pattern “is consistent with structuring.” The government seized $447,000 from the business, a cash-intensive candy and cigarette distributor that has been run by one family for 27 years.

There are often legitimate business reasons for keeping deposits below $10,000, said Larry Salzman, a lawyer with the Institute for Justice who is representing Ms. Hinders and the Long Island family pro bono. For example, he said, a grocery store owner in Fraser, Mich., had an insurance policy that covered only up to $10,000 cash. When he neared the limit, he would make a deposit.

Ms. Hinders said that she did not know about the reporting requirement and that for decades, she thought she had been doing everyone a favor.


Jeff Hirsch, an owner of Bi-County Distributors on Long Island. The government seized $447,000 from the business, a candy and cigarette distributor run by one family for 27 years.CreditBryan Thomas for The New York Times

“My mom had told me if you keep your deposits under $10,000, the bank avoids paperwork,” she said. “I didn’t actually think it had anything to do with the I.R.S.”

In May 2012, the bank branch Ms. Hinders used was acquired by Northwest Banker. JoLynn Van Steenwyk, the fraud and security manager for Northwest, said she could not discuss individual clients, but explained that the bank did not have access to past account histories after it acquired Ms. Hinders’s branch.

Banks are not permitted to advise customers that their deposit habits may be illegal or educate them about structuring unless they ask, in which case they are given a federal pamphlet, Ms. Van Steenwyk said. “We’re not allowed to tell them anything,” she said.

Still lawyers say it is not unusual for depositors to be advised by financial professionals, or even bank tellers, to keep their deposits below the reporting threshold. In the Long Island case, the company, Bi-County Distributors, had three bank accounts closed because of the paperwork burden of its frequent cash deposits, said Jeff Hirsch, the eldest of three brothers who own the company. Their accountant then recommended staying below the limit, so for more than a decade the company had been using its excess cash to pay vendors.

More than two years ago, the government seized $447,000, and the brothers have been unable to retrieve it. Mr. Salzman, who has taken over legal representation of the brothers, has argued that prosecutors violated a strict timeline laid out in the Civil Asset Forfeiture Reform Act, passed in 2000 to curb abuses. The office of the federal attorney for the Eastern District of New York said the law’s timeline did not apply in this case. Still, prosecutors asked the Hirsches’ first lawyer, Joseph Potashnik, to waive the CARFA timeline. The waiver he signed expired almost two years ago.

The federal attorney’s office said that parties often voluntarily negotiated to avoid going to court, and that Mr. Potashnik had been engaged in talks until just a few months ago. But Mr. Potashnik said he had spent that time trying, to no avail, to show that the brothers were innocent. They even paid a forensic accounting firm $25,000 to check the books.

“I don’t think they’re really interested in anything,” Mr. Potashnik said of the prosecutors. “They just want the money.”

Bi-County has survived only because longtime vendors have extended credit — one is owed almost $300,000, Mr. Hirsch said. Twice, the government has made settlement offers that would require the brothers to give up an “excessive” portion of the money, according to a new court filing.

“We’re just hanging on as a family here,” Mr. Hirsch said. “We weren’t going to take a settlement, because I was not guilty.”

Army Sgt. Jeff Cortazzo of Arlington, Va., began saving for his daughters’ college costs during the financial crisis, when many banks were failing. He stored cash first in his basement and then in a safe-deposit box. All of the money came from paychecks, he said, but he worried that when he deposited it in a bank, he would be forced to pay taxes on the money again. So he asked the bank teller what to do.

“She said: ‘Oh, that’s easy. You just have to deposit less than $10,000.’”

The government seized $66,000; settling cost Sergeant Cortazzo $21,000. As a result, the eldest of his three daughters had to delay college by a year.

“Why didn’t the teller tell me that was illegal?” he said. “I would have just plopped the whole thing in the account and been done with it.”

Dalai Lama Announces Support for Legalizing Medical Cannabis

♪Plug it, unplug it, don’t straaaain
I love you Mary Jane
She never complains, when I hit that Mary
With that flame, I light up the cherry
She’s so good to me, when I pack a fresh bowl I clean the screen
Don’t get me stirred up the smoke, through the bub-bling water
Is Makin’ it pure so I got ta’, take my hit and hold it
Just like Chong, I hit the bowl and I reload it
Get my four-footer and bring it on…
As I take Hits from the bong♪

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