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Archive for the ‘Political parties’ Category

The Carpenter Comeith!!!Little by Little the “coffin” is being exposed……via e-mail to admin/capecoral

In Banking, Business, Business/Political Trends Worldwide, currency, Money and Finances, Offshore accounts, personal and business, Political parties, Taxes on July 22, 2011 at 4:56 pm
This is CRAP!!!! 
It is just like everything in this administration.
Too bad we didn’t kick out enough of Obama’s idiots from the Senate as well.Watch for this AFTER November elections; remember
this BEFORE you VOTE in case you think Obama’s
looking out for your best interest.1% tax on all bank transactions HR 4646This government just cannot think of enough ways
to hurt the American people!This Bill must die
FORWARD THIS TO EVERYONE YOU KNOW!

1% tax on all bank transactions
HR 4646 ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP.
Checked this on snopes , it’s true! Check out HR 4646.  (see below copied from Snopes)

President Obama’s finance team is recommending a
one percent (1%) transaction fee (TAX). Obama’s
plan is to sneak it in after the November
elections to keep it under the radar.

This is a 1% tax on all transactions at any
financial institution – banks , credit unions ,
savings and loans , etc. Any deposit you make , or
even a transfer within your account , will have a
1% tax charged.

If your paycheck or your social security or
whatever is direct deposit , it will get a 1% tax
charged for the transaction.

If your paycheck is $1000 , then you will pay
Obama $10 just for the privilege of depositing
your paycheck in your bank. Even if you hand carry
your paycheck or any check into your bank for a
deposit , 1% tax will be charged.

You receive a $5 , 000 stock dividend from your
broker , Obama takes $50 just to allow you to
deposit that check in the bank..

If you take $1 , 000 cash to deposit at your bank ,
1% tax will be charged.

Mind you , this is from the man who promised that ,
if you make under $250 , 000 per year , you will not
see one penny of new tax. Keep your eyes and ears
open , you will be amazed at what you learn about
this guy’s under-the-table moves to increase the
number of ways you are taxed.

Oh , and by the way , you receive a refund from
the IRS next year and you have it direct
deposited or you walk in to deposit that check ,
you guessed it. You will pay a 1% charge of that
money just for putting it in your bank. Remember ,
any money , cash , check or whatever , no matter
where it came from , you will pay a 1% fee if you
put it in the bank.

Some will say , oh well , it’s just 1%. Are you
kidding me? It’s a 1% tax increase across the
board. Remember , once the tax is there , they can
also raise it at will.. And if anyone protests , they will just say ,
“oh , that’s not really a tax , it’s a user fee”! Think this is no
big deal? Go back and look at the transactions you
made from last year’s banking statements. Then add
the total of all those transactions and deduct 1%..
Still think it’s no big deal???     Vicki

In which square hole does your round Peg fit?????

1. snopes.com: Debt Free America Act ⤢⤢⤢
Is the U.S. government proposing a 1% tax on debit card
usage and/or
banking transactions?
…It is true. The bill is HR-4646 introduced by US Rep Peter
deFazio D-Oregon and US Senator Tom Harkin D-Iowa. Their plan is
to sneak it in after the…
…moved beyond proposing studies and submitted the Debt Free
America Act (H.R. 4646) , a bill calling for the implementation of
a scheme to pay down the…
…[2010] by Rep. Chaka Fattah (D-Pa.). His “Debt Free America
Act” (H.R. 4646) would impose a 1 percent “transaction tax” on
every financial transaction…
Tue , 12 Oct 2010 11:26:37 GMT
http://www.snopes.com/politics/taxes/debtfree.asp

Thanksgiving, a cherished Holiday, or one that may not be cherished soon??……..Admin/capecoralblogger

In Business/Political Trends Worldwide, Constitution of The United States, Expatriation, History, Political, Political parties, Sovereign Man, Taxes, Travel on July 21, 2011 at 7:47 pm

THIS MAY NOT BE AS FAR FETCHED AS SOME MIGHT SAY

—–Original Message—Sent: Thu, Jul 21, 2011 12:58 pm by a unknown blogger.
Subject: Thanksgiving 2022

“Winston, come into the dining room, it’s time to eat,” Julia yelled to her
husband.
“In a minute, honey, it’s a tie score,” he answered.Actually Winston wasn’t very interested in the traditional holiday football
game between Detroit and Washington .Ever since the government passed the
Civility in Sports Statute of 2017, outlawing tackle football for its
“unseemly violence” and the “bad example it sets for the rest of the world”,
Winston was far less of a football fan than he used to be.Two-hand touch wasn’t nearly as exciting. Yet it wasn’t the game that
Winston was uninterested in.
It was more the thought of eating another Tofu Turkey . Even though it was
the best type of VeggieMeat available after the government revised the
American Anti-Obesity Act of 2018, adding fowl to the list of
federally-forbidden foods, (which already included potatoes, cranberry
sauce, and mincemeat pie), it wasn’t anything like real turkey.And ever since the government officially changed the name of “Thanksgiving
Day” to “A National Day of Atonement” in 2020, to officially acknowledge the
Pilgrims’ historically brutal treatment of Native Americans, the holiday had
lost a lot of its luster.

Eating in the dining room was also a bit daunting. The unearthly gleam of
government-mandated fluorescent light bulbs made the Tofu Turkey look even
weirder than it actually was, and the room was always cold.

Ever since Congress passed the Power Conservation Act of 2016, mandating all
thermostats – which were monitored and controlled by the electric company –
be kept at 68 degrees, every room on the north side of the house was barely
tolerable throughout the entire winter.

Still, it was good getting together with family. Or at least most of the
family.

Winston missed his mother, who passed on in October, when she had used up
her legal allotment of life-saving medical treatment.

He had had many heated conversations with the Regional Health Consortium,
spawned when the private insurance market finally went bankrupt, and
everyone was forced into the government health care program.

And though he demanded she be kept on her treatment, it was a futile effort.

“The RHC’s resources are limited”, explained the government bureaucrat
Winston spoke with on the
phone. “Your mother received all the benefits to which she was entitled. I’m
sorry for your loss.”

Ed couldn’t make it either. He had forgotten to plug in his electric car
last night, the only kind available after the Anti-Fossil Fuel Bill of 2021
outlawed the use of the combustion engines – for everyone but government
officials.

The fifty mile round trip was about ten miles too far, and Ed didn’t want to
spend a frosty night on the road somewhere between here and there.

Thankfully, Winston’s brother, John, and his wife were flying in.

Winston made sure that the dining room chairs had extra cushions for the
occasion.

No one complained more than John about the pain of sitting down so soon
after the government-mandated cavity searches at airports, which severely
aggravated his hemorrhoids.

Ever since a terrorist successfully smuggled a cavity bomb onto a jetliner,
the TSA told Americans the added “inconvenience” was an “absolute necessity”
in order to stay “one step ahead of the terrorists.”

Winston’s own body had grown accustomed to such probing ever since the
government expanded their scope to just about anywhere a crowd gathered, via
Anti-Profiling Act of 2022.

That law made it a crime to single out any group or individual for “unequal
scrutiny,” even when probable cause was involved.

Thus, cavity searches at malls, train stations, bus depots, etc., etc., had
become almost routine.
Almost.

The Supreme Court is reviewing the statute, but most Americans expect a
Court composed of six progressives and three conservatives to leave the law
intact.

“A living Constitution is extremely flexible”, said the Court’s eldest
member, Elena Kagan. ” Europe has had laws like this one for years. We
should learn from their example”, she added.

Winston’s thoughts turned to his own children.  He got along fairly well
with his 12-year-old daughter, Brittany, mostly because she ignored him.
Winston had long ago surrendered to the idea that she could text anyone at
any time, even during Atonement Dinner.

Their only real confrontation had occurred when he limited her to 50,000
texts a month, explaining that was all he could afford.

She whined for a week, but got over it.

His 16-year-old son, Jason, was another matter altogether. Perhaps it was
the constant bombarding he got in public school that global warming, the
bird flu, terrorism, or any of a number of other calamities were “just
around the corner”, but Jason had developed a kind of nihilistic attitude
that ranged between simmering surliness and outright hostility.

It didn’t help that Jason had reported his father to the police for smoking
a cigarette in the house, an act made criminal by the Smoking Control
Statute of 2018, which outlawed smoking anywhere within 500 feet of another
human being.

Winston paid the $5,000 fine, which might have been considered excessive
before the American dollar became virtually worthless as a result of QE13.

The latest round of quantitative easing the federal government initiated
was, once again, to “spur economic growth.”

This time, they promised to push unemployment below its years-long rate of
18%, but Winston was not particularly hopeful.

Yet the family had a lot for which to be thankful, Winston thought, before
remembering it was a Day of Atonement.

At least, he had his memories.

He felt a twinge of sadness when he realized his children would never know
what life was like in the Good Old Days, long before government promises to
make life “fair for everyone” realized their full potential.

Winston, like so many of his fellow Americans, never realized how much
things could change when they didn’t happen all at once, but little by
little, so people could get used to them.

He wondered what might have happened if the public had stood up while there
was still time, maybe back around 2011 , when all the real nonsense began.

“Maybe we wouldn’t be where we are today if we’d just said ‘enough is
enough’ when we had the chance,” he thought.

Maybe so, Winston. Maybe so.

Sovereign Man Notes from the Field Date: July 14, 2011

In Business, Business/Political Trends Worldwide, Jobs in Cape Coral, Opportunity, Personal, Political, Political parties, Renmimbi currency, renminbi currency on July 14, 2011 at 7:49 pm

Sovereign Man

Notes from the Field

Date: July 14, 2011
Reporting From: Thessaloniki, Greece

Last night I had quite an unexpected surprise.

You see, at my hotel here in Thessaloniki, there’s a delegation from some group of the European Parliament called the Committee on Regional Development. They’re here to help… Hey, isn’t that what they always say? The Committee wants to supervise Greece working its way out of the debt crisis and make sure that Greece’s poor are getting the support they need.

The hotel’s restaurant was filled with these sycophantic parasites last night– an entire room full of people with a superiority complex who think that they are entitled to make decisions about other people’s lives and money.

They sat at dinner drinking fine wine and polishing up steak tartare making proud, bombastic proclamations about the virtues of foreign aid, the democratic process, and the great progress of Greece’s austerity measures.

Coincidentally, not 300 meters down the road, a campsite has been gathering for economic refugees, Thessaloniki’s former middle class that has been vanquished by the crisis. Some of the children swung by the restaurant’s outdoor terrace begging for change, only to be waved off by one of the delegate’s extended pinkie fingers as he sipped his wine.

It couldn’t have been more ironic… the perfect image of what passes for democracy today, right here in the country that invented it.

Today’s democracy is nothing more that pseudo-authoritarian rule by an elite few, executed by legions of self-deluding freeloaders who have convinced themselves that their current bureaucratic roles are both necessary and honorable… as well as a stepping stone into the next job which will be even more necessary and honorable.

With each successive position up the bureaucratic ladder comes more power, more privilege… until they actually expect to be called “The Honorable…” so and so, or “His Excellency” so and so, etc.

My dictionary suggests a few definitions for ‘honor’. One of them refers to a person’s chastity… and I doubt it applies in this case given the political establishment’s Twitter record. The other definition says, “conferred as a distinction, especially an official award for bravery or achievement.”

In the United States, they must be confusing the term ‘achievement’ with ‘destroying the economy and culture of the formerly most powerful nation on earth.’  President Obama is apparently so honorable that he can’t even be bothered to hold negotiations anymore about debt compromise, arguing that Ronald Reagan wouldn’t be doing that…

He seems more concerned about his esteem and rank being respected than facing the grim facts of economic reality.

Simultaneous on Capitol Hill, Comrade Bernanke sent the dollar plummeting once again. Just to put things in perspective, the entire eurozone is on the precipice of a meltdown, and the euro had been falling for days. The second this man opened his mouth, the dollar plunged… indicating that investors would rather take a chance on European insolvency than Bernanke.

It was truly pathetic… and yet another example of what passes for democracy today: One man who has never been elected is essentially given control of the money supply to do with it as he deems best in his sole discretion.

All in all, as usual, it’s going to come down to the taxpayers. The bureaucrats will go on enjoying their steak tartare and ignoring the huddled masses. The politicians will go on posturing over title. The central bankers will keep making interest free loans to their friends and destroying their currencies.  We get stuck with the fallout.

In the end, the governments will make it a matter of national security and patriotism, ensuring that we ‘do our duty to the nation’ by coughing up more of our livelihood. I stumbled across this WW2 propaganda video a few days ago in which Daffy Duck tells us all that it’s our patriotic duty to give as much as possible to the government.

Should we expect a new video soon suggesting that it’s our patriotic duty to buy Treasury bonds…? In what passes for democracy today, you can bet on it.


Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

Election November, 2010…It was Memorable… What has happened????? Admin/CapeCoral

In Business/Political Trends Worldwide, Constitution of The United States, Government, History, Money and Finances, Political, Political parties, Taxes on July 14, 2011 at 2:59 pm

November 2010, The election cycle that was planned to be the beginning of change in the right direction….Yea, the nation voted, the results were published, the songs were sung and accolades were issued.

6 months down the crooked road and the whole terrain has changed again.

Fear has become the by-word, even our President has instilled the worst fear into our folks, the loss of our Social Security benefits along with other things. The interview on CBS news was sickening to view, especially since the President knew in his heart that there was enough money to write the checks to cover SS needs.  I was at a small gathering this PM with some folks and gradually the topic of conversation turned to the debt crisis, this after exhausting commentary by all regarding the Casey Anthony case which is a whole another story..Some Folks seem to believe that the President has the right to do what he wants without Congressional approval, this train of thought is to me, rather alarming. Is this what has happened to a good portion of our society, a real dumbing down as to how this government really works, has the Liberal Press really gained such a foot hold in the turning of peoples minds, the losing of the teachings of how a Republic really works??? It was scary for me to listen to some of the comments.

The November electorate needs to stand fast, make the peoples word heard in those hallowed halls.

This nation cannot stand another rise in the Debt Limit. The repayment plans offered cannot even get a handle on the immense dollars and cents involved. The behind closed door negotiations (Where is the TRANSPARENCY) that are being used by a small number of persons is not what we bargained for. What happend to the Democratic cry of [pay as you go], was that not a part of their platform???

These words are no longer used, the words now are (Pass the Bill first and then you can Read It)…..How does that fit on your plate and can you really digest that statement without gagging!!!!

Why have we let ourselves become so easy to lead down a garden path with just words – “Hope and Change” Man O Man, where does this end????

America, wake up before we have nothing left here to hang onto and the “Friends” who led and have “shown” us the way are long gone and living the high life on our backs…

STOP   STOP   STOP  this progression. It will eat you alive!!!!!

God Bless America……….

One Nation Under God, Indivisible, with Liberty and Justice for ALL……..

Sheriff Joe Arpaio….You just gotta Love this guy…Our government members should take notice and maybe use some of his Ideas….via E-mail from a very good friend of mine. admin/capecoral

In Business/Political Trends Worldwide, currency, Government, History, Interesting places, Jobs, Political parties, Travel on July 14, 2011 at 2:24 pm

 

 


 

SHERIFF JOE IS AT IT AGAIN!
You all remember Sheriff Joe Arpaio of  Arizona,
who painted the jail cells pink and made the inmates wear pink prison garb. Well.
SHERIFF JOE IS AT IT AGAIN!

Oh, there’s MUCH more to know about Sheriff Joe!

Maricopa County was spending approx. $18 million dollars a year on
stray animals, like cats and dogs. Sheriff Joe offered to take the department over, and the County Supervisors said okay.

The animal shelters are now all staffed and operated by prisoners. They feed and care for the strays. Every animal in his care is taken out and walked twice daily. He now has prisoners who are experts in animal nutrition and behavior. They give great classes for anyone who’d like to adopt an animal. He has literally taken stray dogs off the street, given them to the care of prisoners, and had them place in dog shows.

The best part? His budget for the entire department is now under $3 million. Teresa and I adopted a Weimaraner from a  Maricopa   County shelter two years ago. He was neutered, and current on all shots, in great health, and even had a microchip inserted the day we got him. Cost us $78.

The prisoners get the benefit of about $0.28 an hour for working, but most would work for free, just to be out of their cells for the day. Most of his budget is for utilities, building maintenance, etc. He pays the prisoners out of the fees collected for adopted animals..

I have long wondered when the rest of the country would take a look at the way he runs the jail system, and copy some of his ideas. He has a huge farm, donated to the county years ago, where
inmates can work, and they grow most of their own fresh vegetables and food, doing all the work and harvesting by hand.

He has a pretty good sized hog farm, which provides meat, and
fertilizer. It fertilizes the Christmas tree nursery, where prisoners work, and you can buy a living Christmas tree for $6 – $8 for the
Holidays, and plant it later… We have six trees in our yard from the Prison.

Yup, he was reelected last year with 83% of the vote.
Now he’s in trouble with the ACLU again. He painted
all his buses and vehicles with a mural, that has a special hotline phone number painted on it, where you can call and report suspected illegal aliens. Immigrations and Customs Enforcement wasn’t doing enough in his eyes, so he had 40 deputies trained specifically for enforcing immigration laws, started up his hotline, and bought 4 new buses just for hauling folks back to the border.

He’s kind of a ‘Git-R Dun’ kind of Sheriff.TO THOSE OF YOU NOT FAMILIAR WITH JOE ARPAIO
HE IS THE MARICOPA ARIZONA COUNTY SHERIFF
AND HE KEEPS GETTING ELECTED OVER AND OVER THIS IS ONE OF THE REASONS WHY:

Sheriff Joe Arpaio (In Arizona ) who created the ‘ Tent City Jail’:
He has jail meals down to 40 cents a serving and charges the inmates for them.
He stopped smoking and porno magazines in the jails..
Took away their weights Cut off all but ‘G’ movies.
He started chain gangs so the inmates could do free work on county and city projects.

Then He Started Chain Gangs For Women So He Wouldn’t Get Sued For Discrimination.

He took away cable TV Until he found out there was A Federal Court Order that Required Cable TV For Jails So He Hooked Up The Cable TV Again Only Let In The Disney Channel And The Weather Channel.

When asked why the weather channel He Replied, So They Will Know How hot It’s gonna Be while they are working on my chain gangs.

He cut off coffee since it has zero nutritional value.
When the inmates complained, he told them, ‘This Isn’t The
Ritz/Carlton……If you don’t like it, don’t come back.’
More On The Arizona Sheriff:

With Temperatures Being Even Hotter Than Usual In Phoenix (116
Degrees Just Set A New Record), the Associated Press Reports:
About 2,000 Inmates Living In A Barbed-Wire-Surrounded Tent Encampment At The Maricopa County Jail Have Been Given Permission To Strip Down To Their Government-Issued
Pink Boxer Shorts.

On Wednesday, hundreds of men wearing boxers were either curled up on their bunk beds or chatted in the tents, which reached 138 Degrees Inside, The Week Before.

Many Were Also Swathed In Wet, Pink Towels As Sweat Collected On Their Chests And Dripped Down To Their PINK SOCKS.
‘It Feels Like We Are In A Furnace,’ Said James Zanzot, An Inmate
Who Has Lived In The TENTS for 1 year. ‘It’s Inhumane.’

Joe Arpaio, the tough-guy sheriff who created the tent city and long ago started making his prisoners wear pink, and eat bologna sandwiches, is not one bit sympathetic. He said Wednesday that he told all of the inmates: ‘It’s 120 Degrees In Iraq, And Our Soldiers Are Living In Tents Too, And They Have To Wear Full Battle Gear,
But They Didn’t Commit Any Crimes, So Shut Your Mouths!’

Way To Go, Sheriff!

Maybe if all prisons were like this one there would be a lot
less crime and/or repeat offenders. Criminals should be punished for their crimes – not live in luxury until it’s time for their parole, only to
go out and commit another crime so they can get back in to live on taxpayers money and enjoy things taxpayers can’t afford to have for
themselves.

If you agree, pass this on. If not, just delete it..

 


 

Sovereign Man Notes from the Field Date: July 13, 2011 Reporting From: Thessaloniki, Greece

In Business, Business/Political Trends Worldwide, Continental Travel, currency, Government, History, Opportunity, Political, Political parties, Sovereign Man, Taxes, Travel on July 13, 2011 at 4:37 pm

Sovereign Man

Notes from the Field

Date: July 13, 2011
Reporting From: Thessaloniki, Greece

I went to dinner last night in an upmarket area of Thessaloniki. It wasn’t a touristy part of town at all, nearly everyone there was local.

As we walked down a narrow cobblestone path flanked by traditional Greek restaurants, all the various hostesses and proprietors ran out to greet us and pitch their menus.

“We have the freshest seafood!”

“We have the cheapest prices!”

“We offer free drinks and dessert!”

Within seconds, outright calamity ensued with each thrusting menus in our faces, pulling at our shirtsleeves, and shouting over the competition. Then a shoving match… and then finally an all out physical altercation, literally coming to blows over what amounted to a $20 dinner tab.

Now, aggressive behavior is common in this part of the world; it gets even worse in Turkey and North Africa. But there is an element of desperation that I have not yet seen before here. Given the graveyard of former restaurants gone bust nearby, it’s clear that last night’s owners are trying to stay afloat at any cost.

Later in the evening, I dropped by the city’s ancient agora ruins. Inside I could see a number of stray dogs marking their territory as they saw fit, and it was the perfect metaphor. This place has literally gone to the dogs.

Coincidentally, the Greek government held a ‘successful’ bond auction yesterday, unloading 1.6 billion euros of six-month bills. This sounds like a lot of money until you figure that it just barely covers this month’s interest payments on the roughly 340 billion euro debt that they already owe.

Just last month alone, the Greek budget deficit was 2.2 billion euros. Greece must continue indebting itself not only to make interest payments, but simply to keep the lights on. Meanwhile, the principal balance owed keeps rising while tax revenues are falling… making the situation perpetually worse.

Bailouts can’t fix this problem. Think about it like this: say your best friend is swimming in debt, paying $5,000 per month in interest. His best job prospect is $1,000 per month, so he’s in the hole $4,000 per month and rising.

If he receives a new $10,000 line of credit, would this fix his problems? Not at all. He’d be staring at bankruptcy again within 3-months.

Living bailout to bailout while going deeper into debt is simply an unsustainable Ponzi scheme. And given the Greek government’s current cash position and bond auction calendar, the next do-or-die bailout should come to a head this summer.

Europe will have to make a decision: (a) continue financing Greek largess and hope that taxpayers don’t care or notice; (b) take cover and allow the Greek government to default; or (c) an ‘orderly restructuring’ that combines loan workouts, haircuts for bondholders, and strings-attached cash injections from the ECB and IMF.

The most likely is the third option, but no matter how you dress it up, it’s still a default.

We’ve seen this play out once before in Dubai. The emirate underwent a steep restructuring period on roughly 50% of its $59 billion debt load in late 2009 and 2010, and it caused a deep recession and losses in the local market. Two big differences, though.

First, Dubai had a wealthy big brother in Abu Dhabi. Europe has angry German taxpayers.

Second, Dubai was isolated. Europe has a number of insolvent countries whose collective debts far exceed the capacity for any bailout.

If the market is allowed to function, the consequent derivatives chain reaction from default will cause a wave of bankruptcies among a number of large financial institutions, triggering even more government intervention (read: taxpayer bailouts) and a deflationary sell-off in financial markets.

Barring a miraculous, no-strings-attached emergency bailout, I think we can expect the opening salvos within the next few months.

So why should you care if you’re not Greek? Because the ensuing capital controls, raids on public and private pensions, and social chaos met with overwhelming police brutality will be a preview of things to come when the rest of Europe and the United States arrive at their financial reckoning days.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com
This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

Sovereign Man Notes from the Field Date: July 5, 2011

In Business, Business/Political Trends Worldwide, Continental Travel, Expatriation, Money and Finances, Political, Political parties, Taxes, Travel on July 5, 2011 at 1:07 pm

Sovereign Man

Notes from the Field

Date: July 5, 2011
Reporting From: Sofia, Bulgaria

Do you remember those days, 25+ years ago, when the Olympic games were an extension of the Cold War? We heard stories about these Soviet athletes who were groomed, practically from birth, to become champion athletes, taken from their families at a young age to live and train nonstop for the glory of the Communist Party.

Bulgarians historically excelled at summer sports like boxing, wrestling, track & field, and rowing, and today I worked out at a gym that used to house the country’s up-and-coming athletes during Soviet rule.  It’s in a neighborhood of old Soviet-era apartment buildings, all built in that concrete shoebox style that defined Communist architecture.

Such neighborhoods are a constant reminder of the days when they allowed their society to descend into a totalitarian police state. A lot of Bulgarians I’ve encountered seem embarrassed by these Communist remains, brushing the entire period off as ‘experiments in socialism.’

They’re looking to the future now, and they’re cautiously optimistic.

When you survey the various countries in the former Soviet bloc, it’s a truly mixed bag. East Germany, for example, enjoys a lavish economy after being successfully reunited over 20-years ago thanks to an incredible amount of aid and support from the West.

Slovakia has spent the last two decades creating a manufacturing powerhouse for the rest of Europe, and its citizens today enjoy a much higher standard of living than before.

Estonia built a very successful knowledge and services economy by establishing a limited, low-tax, business-friendly government. When Mart Laar took over as Prime Minister after Estonia’s independence in the 1990s, the only economic text he had ever read was Milton Friedman’s Free to Choose. It’s fortunate for his country that it wasn’t Keynes.

Belarus descended even further into totalitarianism; Aleksandr Lukashenko, the country’s first democratically elected president since the fall of the Soviet Union, has remained in power ever since, effectively seizing dictatorial control over every aspect of the economy and society.

Ukraine continues to vacillate between revolution, corrupt cronyism, and economic collapse… yet the country still has a lot of potential thanks to its resource wealth and talented young work force.

Bulgaria, from where I write this letter, is an interesting case. As the poorest member of the EU, there is a lot of opportunity at face value. Labor is dirt cheap. Property is dirt cheap. Living costs are a joke. English is widely spoken and is, in fact, more prevalent than Russian in the capital city.

More importantly, the government is finally beginning to privatize some of its state-owned companies, as well as make some business-friendly decisions related to taxes.

Now, this is not a part of the world where tax compliance is particularly strong. The immediate post-Soviet years turned the entire region into a veritable Deadwood, and devoid of any functioning tax authority, people got used to dealing in all cash and keeping 100% of their earnings.

Several governments, including Russia, Ukraine, and Bulgaria, have tried to make compliance easy by slashing tax rates. At just a 10% flat rate for corporate, individual, and capital gains, and just 5% on dividends, taxes in Bulgaria are now so low that some people might actually pay.

For foreigners, it’s a boon. Bulgaria has an extensive network of tax treaties with countries acrossWestern Europe, Canada, and the United States which ensure foreign-owned Bulgarian companies are only subject to the 10% rate.  Using this ‘tax rate arbitrage,’ multinationals keep a large part of their earnings offshore in lower tax jurisdictions.

At present, a number of multinationals have set up overseas headquarters and manufacturing facilities in Ireland to take advantage of that country’s low tax rate of 12.5%.  Given Ireland’s pending bankruptcy, however, the government is under pressure to raise this rate… and I expect that this will drive a number of companies to move operations to Bulgaria.

Given the country’s low tax rates, cheap minimum wage of just $185/month, and business-friendly policies, Bulgaria is a reasonable alternative for companies that want to stay within the EU’s customs union. Bulgaria is, after all, an EU member… though they likely fabricated their financial statements to gain entry in the same way that Greece did.

Simply put, Ireland’s decline will be Bulgaria’s gain, and the influx of foreign investment will be of great benefit to this economy and asset prices.

Meanwhile, entrepreneurs and investors looking to capitalize on offshore tax treaty advantages, cheap talent, and a cost effective European base may want to consider Bulgaria for their needs.


Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com 

INDEPENDENCE DAY…Our Heritage and our Fortune…….Admin/CapeCoral

In Constitution of The United States, Government, History, Political, Political parties on July 4, 2011 at 9:15 am

Independence Day- July 4, 2011…

Hold it close, It’s starting to leave us.
Remember – It’s not a Left or Right day??? It’s not just a day off from whatever you and I are doing, it’s a day of remembrance for this great country’s sacrifices.
You have to ask yourself why?, why would a university want to instill a doubting thought into our minds, our youngsters, regarding the meaning of Independence Day. Political ideology, political parties and the like should not be used as a criteria to measure the political leanings of the population on this day. I say shame on Harvard University for putting this forth to us just days before Independence Day.
Unfortunately, so much of this days significance has already been lost due to trivialization, don’t start now with bending the young minds during this days observance. It’s bad enough that the indoctrination towards “progressiveness” in the late days of high school and the furthering of education in some colleges and universities continues on.

God Bless America…..Happy Independence Day..

One nation Under God, Indivisible, with Liberty and Justice for All……

Sovereign Man Weekend Edition Date: July 2, 2011 Reporting From: Roissy, France

In Business, Business/Political Trends Worldwide, Continental Travel, currency, Money and Finances, Opportunity, Personal, Political, Political parties, Sovereign Man, Taxes, Travel on July 3, 2011 at 12:10 pm

Sovereign Man

Weekend Edition

Date: July 2, 2011
Reporting From: Roissy, France

I imagine that travel used to be quite glamorous back in the 1960s… when airline captains were accorded same social status as mid-rank diplomats, and stewardess (as they were known back then) were little more than Vegas cocktail waitresses.

Today is a bit different. It seems that most legacy carriers are still employing the exact same flight attendants that they did 40-years ago, and nightmare delays are commonplace.

In addition, there are now so many ridiculous fees involved in flying.  Just the taxes alone can add an additional 30% on top of the ticket price– another example of Thursday’s note about how taxation is just another form of inflation.

Then they tack on extra fees for the fuel. The ground service. Checking luggage. Checking in. And my all-time favorite, the “payment fee” where they actually charge you to pay them. This is very common inEurope, and if you’ve never experienced this before, don’t worry– it’s coming soon to an America near you.

Anyhow, I got waylaid here in Paris (not a bad place to be stranded) for a day on my way to Eastern Europe. After finishing up my business in Bulgaria, I plan on putting boots on the ground once again inGreece (what’s left of it). Hopefully the default will occur when I’m there… I do love a good crisis.

Speaking of PIIGS, earlier in the week I wrote a piece about my most recent observations in Spain– including remarks about some small villages in the north of the country that have been using the Spanish peseta once again (Spain’s pre-euro currency). This is certainly a sign of Europe’s post-euro future.

Remember, Europe is a continent with over a thousand years’ history of tribal warfare, genocide, inquisition, and marauding invasions. Sure they’ve been playing nice for the last 20-years, but it’s foolish to think that a German hairdresser is willing to take on greater taxes, inflation, or public debt so that a Greek hairdresser can retire at age 50. More to follow on this.

[As an aside, I also wrote about the growing police presence in Spain… and I would not characterize them as friendly. Writing from Santiago, Chile on Friday, Dr. John Cobin filled in for me to talk about how Chilean police actually treat people with courtesy and respect.]

Meanwhile, our Asia-based partner Tim Staermose has his boots on the ground in China once again. He’s tired of all the ‘economic puff pieces’ talking about how Chinese demand is going to save the global economy and promise endless sunny days, especially for commodity exporters like his nativeAustralia.

It seems that these optimists have a very short memory and have forgotten the hard lesson that all booms bust. They seem to think, instead, that ‘this time is different …,’ the four most expensive words in finance.

Last, I want to mention that we held our monthly premium teleconference for Sovereign Man: Confidential members this week; this live Q&A call is something that we do especially for SMC members at the end of each month, and this call was full of great questions.

We received a lot of questions about the plans for our resilient community project, as well as details about the property we’ve selected in central Chile. I have so much to say on the topic, I was practically bursting at the seams.

We also had a lot of questions about moving and storing gold, some great places to bank overseas, how to establish a business offshore, what to do with a US-based retirement account at/near retirement age given so many threats to pension funds, and more.

The monthly teleconference is just one of the benefits of SMC membership; members also receive a monthly letter that’s packed full of actionable information from our boots on the ground around the world– internationalization strategies, investment opportunities, time-sensitive deals, contacts, and more.

You can think of it as your personal intelligence service.

Then there’s our members’ only website, where people within the community can connect, build relationships, discuss their ideas, and trade experiences. This site is a fantastic way to build a strong network of like-minded people, and it’s been my privilege to interact with so many members using this tool.

If what I’m describing sounds like it would add value to your life and help you to prepare and thrive in the tumultuous times ahead, I encourage you to read more and sign up for our no-risk membership. You’ll receive instant access to past issues, as well as the teleconference we just conducted.

Have a great weekend.

Simon Black
Senior Editor, SovereignMan.com 

This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

THE LAW IS THE LAW….[say it ain’t so]……Via E-mail this AM from a Good Friend…..Admin/CapeCoral

In Constitution of The United States, Government, History, Personal, Political, Political parties, Taxes on July 2, 2011 at 11:41 am

THE LAW IS THE LAW

So “if” the     US government determines that it is against the law for the words “under God” to be on our money, then, so be it.

And “if” that same government decides that the “Ten Commandments” are not to be used in or on a government installation, then, so be it.

I say, “so be it,” because I would like to be a law abiding US citizen.

I say, “so be it,” because I would like to think that

smarter people than I are in positions to make good decisions.

I would like to think that those people have the American public’s best interests at heart.

BUT, YOU KNOW WHAT ELSE I’D LIKE?
Since we can’t pray to God, can’t Trust in God and cannot post His Commandments in Government buildings,   I don’t believe the Government (Federal, State and Local) and its employees should participate in the Easter and Christmascelebrations which honor the God that our government is eliminating from many facets of American life.

I’d like my mail delivered on Christmas, Good Friday, Thanksgiving & Easter. After all, it’s just another day.

I’d like the    US Supreme Court to be in session on Christmas, Good Friday, Thanksgiving & Easter as well as Sundays.” After all, it’s just another day.

I’d like the Senate and the House of Representatives to not have to worry about getting home for the “Christmas Break.” After all it’s just another day.

I’m thinking that a lot of 
my taxpayer dollars could be saved, if all government offices & services would work on Christmas, Good Friday & Easter. It shouldn’t cost any overtime since those would be just like any other day of the week to a government that is trying to be “politically correct.”

In fact….


I think that
 our government should work on Sundays(initially set aside for worshipping God….)because, after all, our government says that  it should be just another day….

What do you all think????


If this idea gets to enough people,
maybe our elected officials will stop giving in to the “minority opinions” and begin, once again, to represent the “majority” of ALL of the American people.
SO BE IT………..

Please Dear Lord,

Give us the help needed to keep you in our country!

‘Amen’ and ‘Amen’

Touche!

These are definitely things I never thought about but from now on, I will be sure to question those in government who support these changes..


At the top, it says 
“I hope this makes its way around the USA several times over!!!!!”

Let’s see that it does.

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