Savings and Retirements in Danger

By Betty Freauf
April 26, 2014
NewsWithViews.com

While a coalition of governments and brutal dictatorships known as the Group of 20 (G-20) is in the process of meeting in April to continue its push to empower the International Monetary Fund (IMF), Bundy was fighting the BLM in Nevada, the somnambulists were running in the Boston Marathon again and others met at a “pot festival” in Colorado on Easter weekend blowing smoke in the face of photographers. One participant wore a T-shirt: Drugs Are My Life. A recent Gallup survey found that 70 percent of respondents have “checked out” or are “actively disengaged” from their jobs. And that dear readers is exactly the goal of these evil proliferate despot world leaders including Barack Obama who want sleeping Americans and global oneworld government.

IT’S NOT ABOUT TAX CHEATS BUT EVIL WORLD LEADERS

Obama and others met in Russia in 2013 to continue plotting while our lethargic pot smokers and others don’t have a clue. This G-20 coalition is doubling the resources it has while giving dictatorships such as China and other socialist regimes much more control over the institutions at the expense of the U.S. Government. A controversial IMF report released late last year, for instance, touts schemes to have big spending governments with out-of-control debts plunder humanity’s wealth using a mix of much higher taxes and outright confiscation. They have already literally looted the bank accounts of private individuals in Cyprus as a trial run at worldwide wealth confiscation and our savings, 401(k) and retirements are in danger. Citing a sample of 15 euro-area nations, the report claims that all households with positive net wealth – anyone with more assets than debt would have to surrender ten percent.

The 4/21/2014 NEW AMERICAN magazine shows a picture of what they call “Peas in a pod, or in suits” that met in Russia in 2013 to continue plotting.Soviet leader Putin and U.S. President Obama are seen laughing with other autocrats from the G-20 at how they are working with the Organization for Economic Cooperation and Development (OECD) to develop the worst tax law you’ve never heard about called the Foreign Account Tax Compliance Act (FATCA) passed in 2010 without any hearings or analysis. It was passed largely by Democrats and hidden in the misnamed “HIRE Act.” OECD is funded in large part by $100 million annually from the U.S. taxpayers.

NEW WORLD TAX REGIME CAN BE STOPPED

Inasmuch as the pieces of the New World Tax regime are already falling rapidly into place, it is of prime importance that the public be made aware using whatever means possible to alert them. With firm resistance, the emerging planetary taxation regime can be stopped but it is going to require Americans wake up from their self-induced stupor. Recognizing that the mind can only absorb so little at one time and because the articles in the magazine are extensive, I’ll be extracting excerpts and will do my best to keep you engaged so you can see the dangers involved. The cost of the magazine is $3.95 plus postage for one magazine and I highly recommend you order this April 21, 2014 magazine by calling: (800) 727-TRUE or visit TheNewAmerican.com

Those who have joined the global warming New Age religion will learn too late it was all a hoax. Most astute readers already recognize that the bureaucrats who head our alpha unconstitutional agencies both at the state and national level are rarely, if ever, held accountable, so can you imagine what it will be like with the globalist institutions that will be more than happy to trample individual rights and siphon more wealth out of the productive sector primarily the middle class? The articles by Alex Newman say it is an attempt to turn every foreign government and financial institution on the planet into extensions of the U.S. tax regime, and is supposed to work by imposing huge penalties – a 30-percent “withhold tax” on all U.S. transactions, including sales of securities – on firms that do not hand over all information they have on “U.S. persons” to the Internal Revenue Service. While Americans might recoil in horror at the prospect of sharing private financial information with Third World socialist regimes, the OECD boasts of its collaboration with them.

OBAMA WANTS TO CATCH TAX CHEATS

It was reported recently that Internal Revenue Service employees pay no taxes but get bonuses and then the Obama administration claims the reason for this legislation is to catch what they report in press releases as “tax cheats” and Obama has been a fervent supporter of the dangerous plot, which moves the IMF closer to the establishment’s vision of an all-powerful monetary authority out of U.S. control. Over 40 governments, which the Paris-based OECD misleadingly refers to as “countries,” have already committed to the controversial scheme. In a “joint statement,” participating governments celebrated the planetary plot, implying that it was only being instituted to catch tax cheats. “Tax evasion is a global problem and requires a global solution,” said representatives from dozens of governments, including more than few run by self-described socialists. “We therefore strongly support the development of the single global standards for automatic exchange of information between tax authorities.” To its credit, Congress has so far refused to go along with the scheme but for the globalist G-20 bosses, though, it is the top priority and Vladimir Putin’s regime and others have been threatening to simply go ahead with the reforms without U.S. government approval; however, you’ll notice in the title is the word “compliance” – enter the school yard bullies! If countries with less restrictive tax regimes do not bow down to the OECD, a 34-member international economic organization that works to influence world financial operations, they can be blacklisted as “uncooperative,” or worse, with economic sanctions being the implicit threat.

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