The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant. - Maximilien Robespierre.

Showing posts with label cash. Show all posts
Showing posts with label cash. Show all posts

Monday, February 19, 2024

Classical Liberals Threaten To Split German Coalition Government Over Benefit Payments To Migrants

 

German citizens protest against mass influx of 'Asylum Seekers' (Picture: Financial Times)

The German coalition government, a dysfunctional alliance of  centre (Free Democrtats aka FDP) far left (SDP) and loony left (Green) cobbled together by the EU for the sole purpose of keeping the Eurosceptic Alternatif fur Deutschland (AfD) party out of government, is on increasingly shaky ground, with the Free Democrats (FDP) warning that they could pull out of the three-way coalition if the Green party blocks a new rule mandating benefit cards instead of cash payments to migrants. The pro - business FDP and the Maoist Greens are as far apart as it is possible to be and were never going to be able to work together.

The current head-butting contest is about a disagreement over a propsoal to limit how welfare payments to migrants ,any be spent by issuing debit cards which can only be used to purchase goods, rather than paying migrants, many of whom entered the county illegally, in cash  While the Greens argue that ending the current cash payments would be discriminatory, the Free Democrats, which are the smallest party in the government, are under pressure to stand up to the pro-migration policies being promoted by the ultra - left Greens and the Social Democrats (SPD).

“If the Greens actually torpedo this minimally invasive intervention in the Asylum Seekers Benefits Act, that will raise questions about the continuation of the coalition,” said deputy FDP chairman Wolfgang Kubicki.

The Greens, in turn, say that any push to implement a move away from cash payments would endanger the alliance.

Municipal government in some German cities have already introduced the so calleed welfare payment cards in place of  cash due to the enormous amounts of cash being sent abroad by migrants, but there are fears these local arrangements could be overturned by legal action. Currently, the federal law, the Asylum Seekers Benefits Act, stipulates that benefits to migrants are paid out “primarily as a cash benefit.” The FDP wants to change paragraph three of this act to ensure the majority of payments are delivered by card, which is traceable and would prevent the money from flowing out of Germany.

There are also concerns that cash handed over to migrants is being used to buy drugs, prostitutes, and for other illicit purposes.

The FDP has always been the weakest link in the coalition as has been widely  reported in European news, since joining the coalition the party has seen its support plummet as it has repeatedly had to vote for extremist laws pushed by the Greens, that have offended the principles of its core voters. In spite of this the FDP’s coalition partners may be gambling on the FDP’s threat being bluff, as any dissolution of the coalition would spark early elections, in which the FDP could face a political reckoning.

Recent regional elections in Berlin and other areas have shown the FDP’s support drop dramatically. In repeat elections in select parts of Berlin, FDP dropped below the 5 percent hurdle,while the AfD, in spite of being smeared by accusations of being far right and a threat to democracy continue to gain popularity and will only become more popular as the left's attempts to intimidate then become more open and include threats of violence.

A successful entrepreneur who was running for the Alternative for Germany (AfD) party in district elections announced he is withdrawing his candidacy due to serious threats to his family, writing in a press release, "This should not happen in a democracy."

Forty-year-old Matthias Beerbaum cited “threats against and danger to” his family as his reason for stepping down., although he did not give specific details. He said the decision was not easy but he did could not run if it meant endangering his family.

The threats against the Beerbaum family come at a time when the media and the government have irresponsibly and dishonestly compared the AfD to the Nazi party and claimed the party is “anti-democratic.” Many within the left-liberal ruling coalition are now calling for a complete ban on the opposition party due to its popularity in the polls. At the same time, the country’s far-left interior minister, Nancy Faeser, has called to shut down bank accounts for those who donate to “extremist” right-wing parties and, in conjunction with the federal police and the Office of the Protection of the Constitution (BfV), plans to initiate a series of new laws to target the opposition.

All of this, as well as showing the lengths to which left wing parts will go to shut down an opposition movement that is actually listening to the concerns of ordinary |German citizens, actually outs the coalition parties as heirs to the Nazi tradition, it is they who, like Hitler's National Socialists, are shutting down political opposition, suppressing free speech and abusing power in the manner favoured by authoritarian tyrants since the beginnings of civilisation. 


LIBRARY OF POSTS ON GERMANY AND EUROPE

How Germany's open door to migrants and mad dash to Net Zero Brought Down The Establishment
Friedrichstrasse in Berlin is one of Europe's most renowned shopping streets. Lined with glitzy stores, from Galeries Lafayette to Karl Lagerfeld it is on a par with Avenue des Champs-Élysées, London's Regent Street or Via Montenapoleone in Milan, teeming with shoppers eager to spend their hard earned or ill - gotten cash and flowing with cars, buses and taxis.

German MP Vows To End WHO / Billionaire Psycopaths Influence On Government Policy
German Member of the European Parliament (MEP) Christine Anderson last week delivered a speech to the Citizens Initiative in which she excoriated the World Health Organization, calling it a group of "globalitarian misanthropists" who she - and a group of seven other MPs, have vowed to dismantle in order to oppose the WHO supplanting democratically elected governments.

Another EU Member State's Globalist Government Collapses
We have recently been happy to report the victory of Georgia Meloni's Brothers of Italy, the defeat of Sweden's Social Democrat led coalition by a centreist group which includes the Eurosceptic Sweden Democrats, the resurgence of Germany's AfD and France's Rassemblement National. But somehow The Netherlands seemed immune to this trend. In spite of threats of a political upheaval, Prime Minister Mark Rutte somehow managed to stay in power election after election.

France's Week Of Riots Signal Failure Of Virtue Signalling Immigration Policies
The mass riots that rocked French society over the past week put the spotlight on the disaster of liberal mass immigration policies in the European democracies and the total failure by Western societies to assimilate the new arrivals welcomed through years of mass immigration, into the culture, traditions and laws of the host nation, Hungarian Foreign Minister Péter Szijjártó has claimed.

French Police Say "We're At War With Vermin" As Nationwide Riots Spread Like Wildfire
Social unrest continued to spread in the cities and large towns of France cities for a fourth consecutive night last night, with hundreds of buildings and vehicles set ablaze. President Emmanuel Macron's government struggled to contain the violence, which was sparked on Tuesday after a teenager was shot dead by a police officer.

EU Power Grab Backed By France, Germany, Aims To End Member States Right To Veto Bureaucrats Policy Moves
In what may spell the end for the European Union's ambition to become a federal superstate, Germany and France plan to end the right, currently held by every member state to veto any policy proposed by the Brussels bureaucracy before the end of this year.The debate over the issue has led to increased tensions between members in recent months, but has now been put back on the agenda.

Populist Politicians Threaten Legal Action Against Proposed Covid Passports
Spanish populist party VOX has threatened legal action against the Madrid government if the ruling coalition implements a so-called health passport scheme that would require proof of vaccination or a negative coronavirus test to enter certain businesses. The leader of VOX, Santiago Abascal, stated this week, that if the Madrid government wanted to introduce a health pass he and VOX would take the matter to court.

EU States Rebel Against Brussels As Van Leyen Demands Borders Stay Open

The cracks in European solidarity are growing deeper by the day as the coronavirus crisis threatens to split the bloc. The response of European leaders has varied from panic, as several member-states have takeen unilateral action including severe border closures, to a laissez - fair attidude, notably from France's idiot president Emmanuel Macron who favours total inaction, having said complacently that viruses don't recognise borders.

University free speech society told free speech a 'red risk', external speakers must be vetted

Sheffield University’s recently formed Free Speech Society has been warned that free speech is a “red risk” and all external speakers at events it organises will have to be vetted by the University Thought Police squad and the topics they intend to talk about shown to be in line with ideas and opinions the titty - sucking babies who run the Student Union are not frightened by.

Coninue Reading

Germany sliding into 'dangerous' anti-Europe hysteria warns top economist
As Germany's economy continues to stutter one of the country’s top economists has warned the country is desending into “anti-Europe hysteria” amid growing criticism in the country of the European Central Bank (ECB) and surging support for the Eurosceptic, anti - immigration AfD Party.

Salvini Accuses Leftist Govt of Giving Away Italian Sovereignty to EUMatteo Salvini leader of the hugely popular Populist League (Lega) party, which, despite having a democratic mandate, was excluded from the government of Italy by a stitch up enigineered by the Euronazi EU Commission in Brussels, has accused Giuseppe Conte the Italian prime minister apponted by the EU, of handing over Italian sovereignty to the European Union bureaucrats

EU's Top Eurofederalist admits EU wants an empire
The leader of the Alliance of Liberals and Democrats in Europe (ALDE)
told CNN that plans to reform the EU and devolve power from Brussels back to the nation-state proposed by the populist paries that have spring up in member states, and led by Matteo Salvin's Lega (League) in Italy, Marine le Pen and her Rassemblement National in France and Hungary's Victor Orban, leader of the Fidesz party would mean that the bloc “will die inside.”

Little Donny Tusk The Polish Has-Been Tells Britain How To Vote.
Donald Tusk, who is the President of the European Council and was the centre-right Europhile Prime Minister of Poland from 2007 to 2014 made the remarks in support of his former Deputy Prime Minister, Anglo-Pole Jan-Vincent Rostowski who is standing as a Change UK candidate in London for Thursday’s election.

EU Dictatorship: German MEP says process of choosing Juncker successor a hoax as European elections near
The process of selecting the person who will succeed Jean-Cluade Juncker as European Commission President is a deeply flawed “hoax” dreamed up by “Eurofanatics” who want to create a United States of Europe, a German MEP said today. Hans-Olaf Henkel made his remarks as the prospective candidates – known as Spitzenkandidaten, in Germany, jockeyed for position.

Europe’s Nationalists Unite Behind Salvini Ahead Of EU Elections

With the EU elections due in May this year expected to deliver another body blow to the dream of a Federal European superstate, Europe's more conservative nationalist parties have today announced an alliance that is aiming to become the strongest group in the European Parliament, with a view to forcing to radical reform on the EU bureaucracy in Brussels, which dictates policy on security, migration, family and the environment, according to Euro News.

Germany Forcing Farmers To Use LESS Fertilizer To Satisfy EU’s Green Agenda
The German government, already reeling from the public backlash against rising fuel prices, the shortage of gas since supplies from Russia were cut off, and the biggest economic crisis in the EU, has now jumped on another 'woke' bandwagon. The socialist led ruling coalition has banned farmers in one of its federal states from properly fertilizing land in compliance with the latest lunacy of the EU's green agenda ...

Germany haemorrhaging cash to keep country running on as ‘net zero’ becomes zeroeconomic activity
Germany was so desperate to achieve 'net zero' CO2 emissions that for years the country's government closed its fossil fuel-fired and nuclear power plants,replacing those plants with wind and solar power — as well as impoorting huge volumes of natural gas and oil from Russia. After the Russian invasion of Ukraine in February 2022, when NATO (aka the U.S.A.) mandated that the West impose retaliatory sanctions on Russia, including a ban on importation of Russian gas and oil, Germany found itself in a hole:

Germany is Now A “Total Dictatorship” Says Dutch Journalist
A Dutch journalist has claimed that Germany is now a “total dictatorship”. This may seem like a case of the pot calling the kettle black given the Dutch government's plan to evict up to 3000 farmer from their land and return those acreages 'to nature' in a bid to lead the way among EU member states, to enforce total compliance with the latest loonytoons EU climate policy which requires EU members to reduce that dangerous pollutant nitrogen, which accounts for 78% of the air we breathe ...

German Interior Minister Caught Faking Asylum Numbers To Hide Migrant Crisis
Germany’s interior minister, Nancy Faeser, is trying to fend off claims that she has faked statistics on refugee numbers to hide number of illegal immigrants claiming entry to Germany by posing as asylum seekers since the beginning of this year. While official figures show only 57,647 refugees have been admitted to Germany, the federal police have registered 101,900 arrivals of undocumented migrants since January

Common Sense Prevails: Germany Is Dismantling Wind Turbines To Make Room For Coal Mining
We have learned vial a piece in OilPrice.com that turbines at a wind farm in western Germany are being dismantled to allow for the expansion of open cast coal mining operations at an adjacent site. The propsal to increase output at the Garzweiler open-pit lignite coal mine has been described as a “paradoxical” situation given that in recent years the German government has been pushing ahead with the closure of coal and nuclear generating plant to appease its nutty but powerful Green party ... Continue reading >>>

German NatGas Consumption Too High To Avoid Energy "Emergency", Regulator Warns As Norway Increases Gas Production
Germany tok great pride in leading the race among developed nations to achieve a net xero economy but now the folly of that policy is being exposed as gas supplies from Russia dry up and the inadequacies of wind and solar are exposed

An Energy Crisis In Tandem With A Food Crisis On Top Of An Economic Crisis And A War. This Cannot End Well
As politicians in North America and Europe try to deflect from their own failure that have contributed to the current plethora of crises by blaming Russia and Vladmir Putin for all the current problems, while the war in Ukraine is a contributory factor in each, the real blame lies closer to home.

Watershed Moment In US – EU Relations, Merkel Says Europe Can No Longer Rely On America
Only hours after Donald Trump infuriated Angela Merkel and the rest of his G-7 peers by refusing to endorse the Paris climate treaty, the US President has done it again. Hausfrau Volksfuhrer Merkel has now decided Europe can no longer rely on the USA to commit military support to EU nations that do not pay their NATO subs, should they come under attack.

Brexit: Is Germany Dictating to Britain How We Will Trade With The World After-Brexit? Germany offering Britain post-BREXIT access to the European market for an annual “fee”! Who do these sausage scoffers think they are? The German government might like to pretend otherwise but there are twenty six other EU member states involved in negotiating any post – Brexit trade agreement with the UK, and Germany is not overly popular with many of them.

Left Wing Hate Mob Protesting At G20 Turn Hamburg Into An Inferno.
Militant anarchists staged a second day of violent protests in Hamburg as the G20 summit in the city held its first sessions. According to local reports, at least 45 people have been detained and 159 police officers have been wounded in clashes. For the second day, police had to resort to water cannon to disperse protesters from various neo - fascist groups (OK, we know they call themselves anti - fascist but the pathetic little university dumbed down idiots do not understand was fascism is,) while buildings and dozens of cars were set on fire in the suburb of Altona.

EU Euronazis Raise Demand For Brexit ‘Compo’ To €100 Billion.
Tensions between the UK and Europe escalated overnight after EU negotiators increased their demand for compensation from Britain’s for the anticipated effects of Brexit to €100 billion, (You can imagine Juncker and Barnier, dressed in Mao suits, sticking little fingers in the corner of their mouth and in silly voices intoning “One – hundred – billion – Euros.) This latest attempt to bully Britain has only served to widen the divide between Brussels and London.

Watershed Moment In US – EU Relations, Merkel Says Europe Can No Longer Rely On America
Only hours after Donald Trump infuriated Angela Merkel and the rest of his G-7 peers by refusing to endorse the Paris climate treaty, the US President has done it again. Hausfrau Volksfuhrer Merkel has now decided Europe can no longer rely on the USA to commit military support to EU nations that do not pay their NATO subs, should they come under attack.

Brexit: Is Germany Dictating to Britain How We Will Trade With The World After-Brexit? Germany offering Britain post-BREXIT access to the European market for an annual “fee”! Who do these sausage scoffers think they are? The German government might like to pretend otherwise but there are twenty six other EU member states involved in negotiating any post – Brexit trade agreement with the UK, and Germany is not overly popular with many of them.

Left Wing Hate Mob Protesting At G20 Turn Hamburg Into An Inferno.
Militant anarchists staged a second day of violent protests in Hamburg as the G20 summit in the city held its first sessions. According to local reports, at least 45 people have been detained and 159 police officers have been wounded in clashes. For the second day, police had to resort to water cannon to disperse protesters from various neo - fascist groups (OK, we know they call themselves anti - fascist but the pathetic little university dumbed down idiots do not understand was fascism is,) while buildings and dozens of cars were set on fire in the suburb of Altona.

EU Euronazis Raise Demand For Brexit ‘Compo’ To €100 Billion.
Tensions between the UK and Europe escalated overnight after EU negotiators increased their demand for compensation from Britain’s for the anticipated effects of Brexit to €100 billion, (You can imagine Juncker and Barnier, dressed in Mao suits, sticking little fingers in the corner of their mouth and in silly voices intoning “One – hundred – billion – Euros.) This latest attempt to bully Britain has only served to widen the divide between Brussels and London.

Thursday, January 25, 2024

The Never-Ending War On Cash

 

In the last few decades the global elites have been pushing, particularly in the developed nations, to shift financial activity from cash and paper cheques towards a “cashless world,” a trend that continues to be promoted by government, financial institutions, big business and the media. Physical currency is under constant attack and the majority of the world’s money supply exists in intangible electronic form. Governments and financial institutions are actively promoting a cashless society, raising concerns about individual financial freedom and our ability to protect our saving and assets from seizure by spendthrift governments and predatory bankers.

The US Federal Reserve’s latest update on physical currency use reported about 2.2 trillion dollars in physical cash supply. This includes physical coins (dimes, quarters, dollars) and green Federal Reserve notes. Nevertheless, there has been a rapid shift towards electronic funds. In the current era, the total global money supply is predominantly composed of electronic funds, with physical currency representing a diminishing percentage.

A similar trend could be observed in UK and mainland Europe until 2022 when cash staged a modest recovery over 2021, with the number and volume of cash transactions increased slightly. With the recovery of cash expected to continue for 2023, suggested reasons for this reveral include citizens concern about their privacy in an increasingly digital world, and people finding it easier to plan and control expenditure when using cash.

The concept of creating Central Bank Digital Currencies (CBDC) to replace physical cash over the past year is now being discussed openly. IMF Director Kistalina Georgieva commented in a speech last year that CBDCs have already been introduced in The Bahamas, Jamaica, and Nigeria, with over 100 additional countries (including the European Union, the United States and the UK) currently in the planning and design phase of creating their digital currencies.

This relentless progress towards a cashless society is often justified on grounds of enhanced security, with politicians and executives of NGOs like the International Monetary Fund (IMF), various United Nations agencies, the Organisation for Economic Cooperation & Development (OECD) and World Economic Forum (WEF) all support claims that electronic transactions deter terrorism, money laundering, and counterfeiting though this is clearly bollocks as there is no computer systemIt is much easier to perpetrate cybercrime than real world crime, and cycber crime is more difficult to detect.

So what is the push to go cashless really about? Under close scrutiny it becomes apparent that the primary objective is an attempt to gain control of all financial assets and bring citizens savings and pension funds within the control of national governments and banking systems. Reduced reliance on physical cash facilitates increased surveillance of financial transactions, centralised planning of economic activity and greater use of coercive methods to fore citizens to comply with unpopular and undemocratic policies..

It is worth noting that in both Europe and North America face value of the highest denomination banknotes produced by the Central Bank is diminishing. In the US the highest note is the $100 bill, in the EU the €500 note is no longer issued and in the UK though the £50 note is still the highest value it has remained so for over 100b years despite the rampant inflation of recent decades.  Another sign of the bid to remove cash from circulation is the imposition of strict limits on the amounts one may deposit withdraw in cash from a bank account in a single transaction or per day.

Governments aim to benefit from a cashless system as it allows for more draconian enforcement of unfair taxation and the extension of central planning, while banks see opportunities to increase fees and impose naegative Interest Rates.

A cashless society results in larger bank deposits, contributing to an expansion of the money supply through fractional reserve banking but the move towards a cashless world raises concerns about individual control over our personal wealth.Remember, at the annual World Economic Forum for billionaire psdychopaths at Davos a couple of years back, that organisation's president, Bond villain lookalike Klaus Schwab promised us, "In the future you will own nothing and you will be happy."


THE GREAT RESET LIBRARY

Is Switzerland About To Become First Country To Outlaw A Cashless Society?
As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely.

Negative Interest Rates & The War On Cash, Part 3: "Beware The Promoters"
Bitcoin and other electronic platforms have paved the way psychologically for a shift away from cash, although they have done so by emphasising decentralisation and anonymity rather than the much greater central control which would be inherent in a mainstream electronic currency. Despite the loss of privacy, electronic currency is much favoured by techno-optimists, but not so much by those concerned about the risks of absolute structural dependency on technological complexity.

Beware the dangers of a cashless society
As the country celebrates tradition and prepares for change, one major shift is closer than ever – our move towards becoming a cashless society. It is hard to imagine money without the Queen’s profile proudly embossed, defining our Elizabethan generation in a centuries-old British tradition, but the monarch’s face is fast disappearing from our pockets.

War On Cash Gathers Momentum - Germany Unveils Cash Controls
On Monday (1 February, 2016) just two days ago, Bloomberg called on the central banks of the world to “bring on a cashless future” in an Op-Ed that calls notes and coins "dirty, dangerous, unwieldy, and expensive." We can imagine it would be quite easy to harm someone by firing large coins at them from a gun and terrorists could probably stuff an improvised explosive device with small coins rather than nails or nuts and bolts. And if ...

Norway's Biggest Bank Joins Push To Abolish Cash
The move by governments to eliminate cash as a means of trading goods and services is moving faster than we imagined. With another global financial crisis looming according to financial journalists and investment experts this is as understandable as it is undesirable for us ordinary punters.

The Financial Times Calls for Ending Cash, Calls it a “Barbarous Relic”
Earlier this week, as the financial world was in turmoil following a rapid crash and recovery in financial markets. While we the punters shook our heads and wondered how the banksters get away with this kind of shit, The Financial Times published a dastardly little piece of fascist New World Order propaganda.

New Global Crisis Imminent, New Geneva Report Warns The Geneva Report refers to a “poisonous combination of high and rising global debt and slowing nominal GDP [gross domestic product], driven by both slowing real growth and falling inflation”. The total burden of world debt, private and public, has risen from 160 per cent of national income in 2001 to almost 200 per cent after the crisis struck in 2009 and 215 per cent in 2013. “Contrary to widely held beliefs, the world has not yet begun to delever and the global debt to GDP ratio is still growing, breaking new highs,” the report said.

Cashless Society - The Resistance Begins Here
A seaside market town in Norfolk may be less than 100 miles from the world's financial capital, London, , it may be the commercial centre of West Norfolk’ as the town website boasts, it may be home to 45,000 people — but there, unlike in London, cash is king.

Establishment Pushing ‘Cashless Society’ to Control Humanity
The global establishment is increasingly pushing the notion of what it calls a “cashless society” — a world in which all payments and transactions would be conducted electronically, creating a permanent record for governments to inspect and track at will.Multiple governments from Africa and Asia to Europe and ...

Washington Signals Fears Over Dollar
Globalist Bankers Make Plans To Rob Your Bank Account
Slaves To The Machine
Holy City (slam poem)
Living Within The Conspiracy
New World Order

E U Central Bank Digital Currency Is The Death Rattle Of A Failed Experiment

The announcement from the European Central Bank (ECB) that is is to intrduce an official European Union digital currency spells the end of the European Single Currency experiment and with it the ambition of "ever closer union until the EU's member states were merged into a single political entity Digital Currencies might not quite be Ponzi schemes but on appearances the difference can be compared to that between a horse and a pony.

Negative Interest Rates - Final Nail In The Coffin Of Neoliberalism? Negative interest rates, in plain terms a situation in which we pay bankers for holding our money, are the latest ruse of politicians and economists to make uis start spending our investments and savings, thus kickstarting the global economy thy have screwed up.

The age of financial privacy is over
Yes you read that right. The fascist regime in the USA has usurped to itself the right to raid bank accoutns anywhere is the world. At the moment they are only stealing money by way of tax demands from people who were born on US soil even if those people have not lived in the USA since childhood and have never be employed by a US business.

Inland Revenue a Dysfunctional department that ‘can’t be trusted’ with power to raid bank accounts
Plans to let the taxman take cash out of people’s bank accounts without their permission were condemned by MPs after Rebecca Benneyworth, of the Institute of Chartered Accountants, warned the department is ‘shooting itself in the foot.’ She told the ICAEW conference : ‘Public trust in HMRC would be eroded very quickly if cases come to light where funds have been incorrectly removed. ‘HMRC cannot afford to have public opinion turn against the tax system and those charged with administering it.’Accountants have warned HMRC cannot be trusted ...

Transhumanism: The Elite Total Control Agenda
Robot lovers, indestrictible soldiers with no mercy or compassion, everlasting life for beings that are part human, part machine, genetically modified humans with supernatural strength and endurance competing in future 'hungrer Games' style Olympic tournaments: the plot of some dystopian novel? No, actual items in the elite's agenda for total control

French Police Use Teargas As Freedom Convoy Brings Thousands Of Protestors To Paris
Inspired by Canada's freedom Convoy, a sponaneous protest by drivers of heavy trucks against the fasistic and oppressive curtailment of individual freedoms by Prime Minister Trudeau's regime, French truck drivers protesting President Macron's similarly authoritarian measures converged on Paris where they were met by riot police enforcing Macron's ban on protests against government policy ...

SStarmer Outs Himself As More Fascist Than Boris Bonkers or Dementia Joe Biden
The leader of the UK’s official opposition party, Labour, Sir Kier SStarmer after a year of starring in a remake of The Invisible Man has finally decided to let us see who he is. Responding to remarks made by Home Secretary Priti Patel, SStarmer said education authorities should be allowed to use exclusion orders to stop anti-vaccine activists from protesting outside schools ... Continue reading >>>

Goodbye Freedom, Hello Global Governance.
If at any time during the chaos the past eighteen months you have wondered what kind of idiots are running the world and have gleefully trashed economies, disrupted social and commercial life and stripped citizens of their rights and liberties only to bring us, in late October 2021, right back to where we were in late February 2020 when the words pandemic and COVID crept into our consciousness ...Continue reading >>>

Big Tech tyranny is the biggest threat to democracy in our era
This weeks main story, pushing Coronavirus aside at last, has been the attempt by Twitter to censor U.S. President, classifying his somewhat rabid tweets as misinformation. Whether you love or hate Trump or any other occupant of The White House, their utterings can never be dismissed as ‘misinformation’ because they represent what one of the most powerful people in the world is thinking.

University free speech society told free speech a 'red risk', external speakers must be vetted

Sheffield University’s recently formed Free Speech Society has been warned that free speech is a “red risk” and all external speakers at events it organises will have to be vetted by the University Thought Police squad and the topics they intend to talk about shown to be in line with ideas and opinions the titty - sucking babies who run the Student Union are not frightened by.

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Sunday, January 21, 2024

War On Cash To Escalate In 2024

Visa Files Patent Application: 0200151682 to Create A "Digital Currency."  Corrupt US Officials Plan to Eliminate Physical CASH! 

Early last week Boggart Blog learned Globalists within the US Government and the banking and finance industry have announced a plan to launch a Digital Fiat Currency that would enable seamless transfers of funds between banks and tax jurisdictions as a major step towards banning cash. Bankers and politicians claim this is essential to protect business and private funds against the actions of hostile nations and to eliminate money laundering by organised crime networks. This is bollocks because neither of those goals could possibly be achieved. We, and others in the alt_news environment suspect the real reason for the move is to allow governments, NGOs such as the World Health Organisation (WHO) and World Economic Forun (WEF) to curtail our rights and liberties by being able to remotely (and automatically,) control our finances.

Watch this video to learn more of the long term plan to deny us the right to use cash and thus retain personal control of our finances.

The Great Taking - Documentary
David Webb exposes the system Central Bankers have in place to take everything from everyone.
https://www.youtube.com/watch?v=dk3AVceraTI

The U.S. Patent and Trademark Office (USPTO) website contains a page showing that VisaV +0.2% has filed a patent application to create digital currency on a centralized computer using blockchain technology. This patent applies to digital dollars as well as other central bank digital currencies such as pounds, yen, and euros so the physical currency of a central bank anywhere in the world could be digitized.

Described as ‘Digital Fiat Currency’ the patent was initially filed by Visa on November 8, 2019, with the USPTO commenting today, “It takes quite a while...” to publish the filing of a patent. Visa’s patent is described as a central entity computer that receives requests that include the serial number and denomination of a physical currency.

The creation of the digital currency and the removal of the physical currency from circulation in a fiat currency system is recorded on a blockchain.

The Visa has patent application hints at using the Ethereum (ETH) blockchain as the medium for processing transactions.

The application details two records, one of which would indicate “the digital currency for an amount associated with the denomination has been created for a public key associated with a digital wallet.” 

The other record notes the “removal of the physical currency from circulation in a fiat currency system.”

 
“Every time a unit of digital currency is generated, the central entity ensures that a corresponding physical dollar bill is removed from circulation, to regulate the value of the digital fiat currency.” Unfortunately Ethereum is just a bit suspect to be considered a safe medium for all our financial activity. Other sources report that ETH Founders’ are involved in a fraud bigger than FTX scandal of 2023. 

ETH Linked With Corrupt US Officials
Following his statement of Ethereum allegedly being involved in fraudulent schemes higher than Sam Bankman-Fried’s FTX crypto currency exchange fraud case, Steven Nerayoff disclosed that founders Joseph Lubin and Vitalik Buterin have allegedly been colluding with corrupt US government officials from some of the highest federal agencies. 
 
The lawyer who has insider knowledge of the Ethereum blockchain and the digital currency (ETH) is supports, having worked for the blockchain network previously, has come forward with explosive allegations regarding the actions of Ethereum founders, Vitalik Buterin, and Joseph Lubin.
 
“Ethereum is the fraudulent elephant in the room in plain sight 1000x bigger than FTX,” Nerayoff stated. 
 

The Great Taking Exposes The Financial End Game & The CIA

We are now living within a hybrid war conducted almost entirely by deception and thus designed to achieve war aims with little energy input. It is a war of conquest directed not against other nation-states but against all of humanity. Deep State organisations such as the US CIA have, in collaboration with the World Economic Forum (WEF - a private World Domination Society for billionasirepsychopaths,) have developed plans which would, if We The People tolerate it, take control of everyone's home, car, property, pensions, etc.

Agreements have been reached with world governments including all 50 US States on the plan of consolidating absolute power over everything. The primary documentary evidence adduced by Webb would be sufficient to incarcerate all of these culprits, if not condemn them to capital punishment.

This has been made to happen through the dark magic of false news and propaganda narrative. This alone has been a great crime against humanity. 

LIBRARY:

Keynote Post: The War On Cash - Putting Your Financal Dealings On Line Destroys Your Privacy
Overview article on the reasoning behind the elites bid to abolish cash and a hub for all our posts here and elsewhere on the Cashless Society theme.

CBDC: The Overarching Goal Behind The Digitisation Of Money?
Will World Be Cashless After COVID-19 Pandemic
The War On Cash Begins">

Posh Peoples Banker Humbled By Public Backlash To Authoritarian Debanking Policy
Much discussion in UK media and as far away as The USA and Australia this week has focued on the decision by Coutts (the posh people's bank,) to ‘de-bank’ former UKIP leader Nigel Farage, the political outsider who successfully steered the campaign to take Britain out of the EU to victory in a national referendum. According to Coutts initial responses to media attention the decision was taken because of reputational concerns.

Is Switzerland About To Become First Country To Outlaw A Cashless Society?
As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely.

Negative Interest Rates & The War On Cash, Part 3: "Beware The Promoters"
Bitcoin and other electronic platforms have paved the way psychologically for a shift away from cash, although they have done so by emphasising decentralisation and anonymity rather than the much greater central control which would be inherent in a mainstream electronic currency. Despite the loss of privacy, electronic currency is much favoured by techno-optimists, but not so much by those concerned about the risks of absolute structural dependency on technological complexity.

Beware the dangers of a cashless society
As the country celebrates tradition and prepares for change, one major shift is closer than ever – our move towards becoming a cashless society. It is hard to imagine money without the Queen’s profile proudly embossed, defining our Elizabethan generation in a centuries-old British tradition, but the monarch’s face is fast disappearing from our pockets.

War On Cash Gathers Momentum - Germany Unveils Cash Controls
On Monday (1 February, 2016) just two days ago, Bloomberg called on the central banks of the world to “bring on a cashless future” in an Op-Ed that calls notes and coins "dirty, dangerous, unwieldy, and expensive." We can imagine it would be quite easy to harm someone by firing large coins at them from a gun and terrorists could probably stuff an improvised explosive device with small coins rather than nails or nuts and bolts. And if ...

Norway's Biggest Bank Joins Push To Abolish Cash
The move by governments to eliminate cash as a means of trading goods and services is moving faster than we imagined. With another global financial crisis looming according to financial journalists and investment experts this is as understandable as it is undesirable for us ordinary punters.

The Financial Times Calls for Ending Cash, Calls it a “Barbarous Relic”
Earlier this week, as the financial world was in turmoil following a rapid crash and recovery in financial markets. While we the punters shook our heads and wondered how the banksters get away with this kind of shit, The Financial Times published a dastardly little piece of fascist New World Order propaganda.

New Global Crisis Imminent, New Geneva Report Warns The Geneva Report refers to a “poisonous combination of high and rising global debt and slowing nominal GDP [gross domestic product], driven by both slowing real growth and falling inflation”. The total burden of world debt, private and public, has risen from 160 per cent of national income in 2001 to almost 200 per cent after the crisis struck in 2009 and 215 per cent in 2013. “Contrary to widely held beliefs, the world has not yet begun to delever and the global debt to GDP ratio is still growing, breaking new highs,” the report said.

Cashless Society - The Resistance Begins Here
A seaside market town in Norfolk may be less than 100 miles from the world's financial capital, London, , it may be the commercial centre of West Norfolk’ as the town website boasts, it may be home to 45,000 people — but there, unlike in London, cash is king.

Establishment Pushing ‘Cashless Society’ to Control Humanity
The global establishment is increasingly pushing the notion of what it calls a “cashless society” — a world in which all payments and transactions would be conducted electronically, creating a permanent record for governments to inspect and track at will.Multiple governments from Africa and Asia to Europe and ...

NatWest Imposes New Cash Limits In Latest Push Towards A Cashless Society
NatWest RBS banking group, which owns Coutts, the bank involved in the debanking of Nogel Farage story, and itself largely owned by the government on behalf of We The Taxpayerssince 2009, has granted itself “sweeping new powers” to limit the amount of cash customers can deposit and withdrawal, triggering warnings that banks are operating as a cartel to force customers towards abandoning cash completely and accepting a “cashless society” which would pave the way to electronic surveillance of our financial activity.

COVID To Blame For Inlation Says Economically Illiterate Bank Of England Chief
An interesting insight into the financial crises emerged yesterday as a result of a pissing contest between the current head of the Bank of England, Andrew Bailey, and his predecessor Mark Carney. Carney was always a supporter of the European Union throughout his tenure at the BoE and from 2016 to 2020 was a strong supporter of the 'Remain' campaign and finally of efforts by globalist billionaires and politicians to have the referendum result overturned. He has consistently spoken and published articles claiming Brexit is to blame for everything from inflation to extreme weather events.

U S Regional Bank First Republic Crashes As America's Banking 'Crisis In Confidence' Becomes Contagious
Shares in America's First Republic Bank's crashed when the New York stock market opened for trading this morning. The crash was triggered by a statement issued on Sunday night that sought to ease investor worries about the bank's liquidity situation in the wake of the failure of Silicon Valley Bank. Shares in the San Francisco based regional bank are down 60% on last week's close.

Do We Have A Winter Of Civil Disobedience Ahead?
As many people in Britain slap on the apres sun gloop in the wake of what passes for a heatwave in these cool cloudy climes, our inept politicians caught with their pants down by unusual weather as usual have heard that that winter is coming and are making plans for a coldwave. We are in the grip of an energy crisis at the height of summer. Last week, it was reported that the UK government is laying down plans for a “reasonable worst-case scenario” including blackouts for industry and even households. And this is as energy prices spiral out of control to new records every day.

Britain is Breaking Down; The Economy Is Struggling, Living Standards Are Falling, Institutions Are Failing
Successive governments have brought Britain to its knees.This article will focus on Britain as representative of the general malaise that is afflicting almost all the developed world. Our current crop of politicians have discarded the resources that brought the country out of the post war decline ... In spite of being rich in energy resources Britain is now in an energy crisis, our leaders have sacrificed prosperity on the altar of Net Zero, committing the nation to our reducing our 1% contribution to harmful emissions still further ...

"Revolution Has Begun": 75,000 Brits Plan To Stop Paying Power Bills In Protest At Energy Rip Off
Resistance is growing to spiralling domestic energy costs in Britain as more than 75,000 irritated people in the UK have pledged not to pay their electricity bill this fall when prices jump again. 

If the government & energy companies refuse to act then ordinary people will! Together we can enforce a fair price and affordable energy for all," tweeted "Don't Pay UK," an anonymous group spearheading the effort to have more than one million Brits boycott paying their power bill by Oct. 1.

E U Central Bank Digital Currency Is The Death Rattle Of A Failed Experiment

The announcement from the European Central Bank (ECB) that is is to intrduce an official European Union digital currency spells the end of the European Single Currency experiment and with it the ambition of "ever closer union until the EU's member states were merged into a single political entity Digital Currencies might not quite be Ponzi schemes but on appearances the difference can be compared to that between a horse and a pony.

Negative Interest Rates - Final Nail In The Coffin Of Neoliberalism? Negative interest rates, in plain terms a situation in which we pay bankers for holding our money, are the latest ruse of politicians and economists to make uis start spending our investments and savings, thus kickstarting the global economy thy have screwed up.

German MP Vows To End WHO / Billionaire Psycopaths Influence On Government Policy
German Member of the European Parliament (MEP) Christine Anderson last week delivered a speech to the Citizens Initiative in which she excoriated the World Health Organization, calling it a group of "globalitarian misanthropists" who she - and a group of seven other MPs, have vowed to dismantle in order to oppose the WHO supplanting democratically elected governments.

De - Dollarisation: China, Brazil Make Deal To Ditch US Dollar For Bilateral Trades
China and Brazil this week concluded a deal to conduct trade between their nations in their own in their own currencies, ditching the established reserve currency for global trade, US dollar as an intermediary, the Brazilian announced said on Wednesday. This is Beijing’s latest strike against the almighty greenback in its currency war aimed at shifting the balance of geopolitical and economic power from west to east.

NATO Rhetoric About Russian Threat is 'Absurd'
The reasons being given for the latest NATO military buildup in Eastern Europe, the idea that the Russian 'Russian threat' to Eastern Europe grows every day is "simply absurd," according to former US diplomat and Senate policy advisor Jim Jatras. Effectively, Jatras says, the buildup is an attempt by the US to keep Germany and France on board with Washington's world domination agenda and ...

The Demise Of Dollar Hegemony: Russia Breaks Wall Streets's Oil-Price Monopoly
Significant moves in the global chess game have just rendered the huffing and puffing of warmonger Obama meaningless and will break Wall Street's monopoly in controlling oil markets. The move is part of Vladimir Putin's long-term strategy of decoupling Russia’s economy and especially its very significant export of oil, from the US dollar, in effect ...

Naked Bankers Go For Gold
... That gold sale in 2013 was a naked short. The seller had no gold to sell. COMEX reported having gold only equal to about half of the short sale in its vaults, and not all of that was available for delivery (quite a lot of it belonged to the german government) In effect the naked shorting of gold could only work because really the right hand was selling to the left hand.

The Demise Of Dollar Hegemony: Russia Breaks Wall Streets's Oil-Price Monopoly In a move that went almost completely unreported in mainstream media, Russia has recently opened a market for the trading of physical and 'paper' oil (futures) in Moscow in Roubles. This is the most blatant challenge yet to the domination of the US dollar in world trade.

WMD in Mayfair
Recalling yesterday's Machiavelli Blog which commented on events surrounding the unfortunate death of the alleged former Russian agent Alexander Litvinenko, it seems the murder investigation has now found evidence of many caches (well OK, traces) of radio active toxins in various fashionable establishments in London's West End frequented by former Russian intelligence agents.

China launches global yuan payment system
China’s Central Bank has started a global payment system which provides cross-border transactions in yuan. The China International Payment System (CIPS) intends to internationalize the yuan and challenge the US dollar's dominance.

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Saturday, November 18, 2023

Benefits Agency Could Soon Be Allowed Access To Clients Bank Accounts To Monitor Spending

 

Some of us did try to warn you that all thosefreedom restricting regulations and laws introduced "for our safety" during the hoax pandemic were not really about saving us from a terrible disease that was so lethal 99.7 people who caught it made a full recovery, they were about power and control. Some of the regulations were tests, for example the mask mandates  revealed what proportion of the population were willing to challenge authority and refuse to wear masks.

Lockdowns gave the police and courts new powers which they gleefully abused and fortunately the vaccines encountered more resistance than expected in spite of dishonest, scaremongering propaganda,coercive and bullying tactics to make us conform and shameful misreporting of the true figures for infections and deaths by mainstream media.

We also warned the hoax pandemic was just the beginning. Now The Powers That Be have decided that although it was not a total success it revealed enough to convince them the time to launch the second part of their agenda had arrived. Last week The Daily Mirror reported that surveillance is going to the next level. It has taken us a few days to put our analysis online because the news is so significant there were things we had to verify.

The move has been hinted at for a long time, alongside the abolition of cash and the introduction of Central Bank Digital Currencies we now learn the UK's Department of Work and Pensions (DWP) is drafting legislative measures aimed at reducing levels of benefit fraud, error and debt in the benefits  system. The Mirror's report says:

The Department for Work and Pensions (DWP) could be allowed to look through bank accounts to see where you spend your money under new plans to tackle benefit fraud. 
The DWP is currently working on legislative measures to help reduce levels of fraud, error and debt in the benefits system. This was initially set out in the May 2022 policy paper “Fighting Fraud in the Welfare System”.

Some of the potential measures include allowing DWP investigators to access and collect third-party data from banks to see where claimants are spending their money and allow investigators to execute search and seizure orders – so to be able to come into a claimant’s home and take away phones and laptops. Agents could also be given the power to make arrests rather than having to call in the police.
The DWP has just published the results of a public consultation into the plans. The research aimed to explore the acceptability of these potential powers to help inform future policy development, assess communication approaches and build the evidence base on fraud, error and debt. This survey consisted of 2,127 people and of that 618 were benefit claimants.

The results revealed that more than half (52%) of those surveyed found the proposal of collecting information about where claimants are spending money to be acceptable. Overall, 62% saw fraud and error in the welfare benefits system as a big problem, with 18% seeing it as a very big problem – only 3% of respondents did not see it as a problem at all.

Nearly 40% of survey respondents believed that around half of incorrect benefit claims were a result of dishonesty, while 31% thought that “most” were due to dishonesty. Only 17% thought that most incorrect claims were due to mistakes. At the end of the survey, respondents were asked about their overall views on the potential new powers. Well over half (62%) said they were feeling either positive or very positive about them – with only 21% saying they felt negative.’

 There is nothing controversial in saying that Benefit fraud is endemic in some areas of the UK and DWP has, intentionally or unintentionally, been complicit through incompetence, lax management standards, poorly educated staff and a host of other reason including failure to investigated suspected fraud by members of certain protected minorities, .

The DWP has also been complicit for years in the utter fraud of the Work Capability Assessment (WCA) as we know from cases where perfectly fit people have been caught in activities their claimed disability woud prevent then from doing, (in one case while training for a marathon,), and in the fraud perpetrated by private sector contractor ATOS which disability claims assessment was outsourced, to compliant medics and Lawyers who sold their moral and so called professional souls for the filthy lucre to – very deliberately – deprive some people ( not all for sure ) of help in (often) desperate circumstances; and suicide was not unknown as a result, albeit numerically low.

The whole system is rotten to the core.

RELATED:

Negative Interest Rates & The War On Cash, Part 3: "Beware The Promoters"
Bitcoin and other electronic platforms have paved the way psychologically for a shift away from cash, although they have done so by emphasising decentralisation and anonymity rather than the much greater central control which would be inherent in a mainstream electronic currency. Despite the loss of privacy, electronic currency is much favoured by techno-optimists, but not so much by those concerned about the risks of absolute structural dependency on technological complexity.

Beware the dangers of a cashless society
As the country celebrates tradition and prepares for change, one major shift is closer than ever – our move towards becoming a cashless society. It is hard to imagine money without the Queen’s profile proudly embossed, defining our Elizabethan generation in a centuries-old British tradition, but the monarch’s face is fast disappearing from our pockets.

War On Cash Gathers Momentum - Germany Unveils Cash Controls
On Monday (1 February, 2016) just two days ago, Bloomberg called on the central banks of the world to “bring on a cashless future” in an Op-Ed that calls notes and coins "dirty, dangerous, unwieldy, and expensive." We can imagine it would be quite easy to harm someone by firing large coins at them from a gun and terrorists could probably stuff an improvised explosive device with small coins rather than nails or nuts and bolts. And if ...

Norway's Biggest Bank Joins Push To Abolish Cash
The move by governments to eliminate cash as a means of trading goods and services is moving faster than we imagined. With another global financial crisis looming according to financial journalists and investment experts this is as understandable as it is undesirable for us ordinary punters.

The Financial Times Calls for Ending Cash, Calls it a “Barbarous Relic”
Earlier this week, as the financial world was in turmoil following a rapid crash and recovery in financial markets. While we the punters shook our heads and wondered how the banksters get away with this kind of shit, The Financial Times published a dastardly little piece of fascist New World Order propaganda.

New Global Crisis Imminent, New Geneva Report Warns The Geneva Report refers to a “poisonous combination of high and rising global debt and slowing nominal GDP [gross domestic product], driven by both slowing real growth and falling inflation”. The total burden of world debt, private and public, has risen from 160 per cent of national income in 2001 to almost 200 per cent after the crisis struck in 2009 and 215 per cent in 2013. “Contrary to widely held beliefs, the world has not yet begun to delever and the global debt to GDP ratio is still growing, breaking new highs,” the report said.

Cashless Society - The Resistance Begins Here
A seaside market town in Norfolk may be less than 100 miles from the world's financial capital, London, , it may be the commercial centre of West Norfolk’ as the town website boasts, it may be home to 45,000 people — but there, unlike in London, cash is king.

Establishment Pushing ‘Cashless Society’ to Control Humanity
The global establishment is increasingly pushing the notion of what it calls a “cashless society” — a world in which all payments and transactions would be conducted electronically, creating a permanent record for governments to inspect and track at will.Multiple governments from Africa and Asia to Europe and ...

Being Evil? Just Another Day At The Office For Google Boss
Holy City (slam poem)
Living Within The Conspiracy
New World Order
Internet Technology
Science and Technology
London transport bans cash

Wednesday, August 09, 2023

NatWest Imposes New Cash Limits In Latest Push Towards A Cashless Society

 

NatWest RBS banking group, which owns Coutts, the bank involved in the debanking of Nogel Farage story, and itself largely owned by the government on behalf of We The Taxpayerssince 2009, has granted itself “sweeping new powers” to limit the amount of cash customers can deposit and withdrawal, triggering warnings that banks are operating as a cartel to force customers towards abandoning cash completely and accepting a “cashless society” which would pave the way to electronic surveillance of our financial activity.

NatWest, one of the UK's major high street banks has advised current account holders it is bringing in new terms and conditions “giving us the right to set limits on inbound and outbound payments”.

In a leaflet it said that could include imposing “daily and annual” cash withdrawal and deposit limits and “limiting the amount of cash” paid in or taken out.The move has aroused concerns that curbs on the use of paper money (legal tender in case the snivel servants at the Treasury have forgotten the laws,) could have negative consequences by allowing banks and government agencies to freeze customer's accounts or defund people engaged in lawful activities the government wished to suppress.

In a classic case of bad timing, the move comes just as the group is under scrutiny over the scandal that erupted after the “de-banking” of Nigel Farage who then revealed that Coutts – which is owned by NatWest Group – had closed his account because it disagreed with his political views.

NatWest said it was making the change to “protect our customers from the risk of fraud” and that it was nothing to do with limiting customers’ access to cash. Banks have been told to do more to tackle financial crime by the City watchdog but claiming that limiting cash will do that is bollocks, far more fraud is done online than in cash now.

The way banks and bureaucrats always cite prevention of fraud and money laundering as justification for their push to abolish cash is so far off the reality as to be laughable. Banks and online payment services are by far the biggest players in the money laundering business and it is far easier to launder large amounts money via computer systems than by carrying briefcases full of banknotes around.

Look up 'Double Irish with a Dutch sandwich' if you doubt me. It explains how banks and corporations launder their vast profits to evade tax.

https://www.offshoreaffairs.com/post/double-irish-dutch-sandwich-tax-avoidance-explained 

If we lose cash we lose our freedoms - effectively vassals of the state - a form of feudalism for the modern age. Every penny we possess can be seen by the state, every penny we spend will be monitored.

Some or all of our wealth could be removed at the press of a button if it’s considered we have too much for our needs, if the state considers it could make better use of it or it’s felt we have expressed thoughts the authorities don’t want expressing.

Our ‘money’ if that’s what it would still be called, could be electronically ring-fenced for purchases the authorities approve of and prevented or limited for use on purchases they don’t. Investment would disappear - who would want to save when the state could remove our savings at a stroke?

The possibilities for control are endless. 

 

Nigel Farage, who led the successful campaign to vote the UK out of the European Union and is now organising a campaign against authoritative overreach by banks, said it was deeply worrying that banks are now giving themselves such sweeping powers to dictate how customers’ handle their money.

“The wider de-banking scandal I have uncovered has already demonstrated that banks cannot be trusted to wield such power responsibly, given the way they have closed people’s accounts purely because of the political views they hold,” he told The Telegraph, adding “There will now naturally be fears that customers who fall foul of the corporate thought police could see their access to cash cut off. Jeremy Hunt must act swiftly to make sure that this cannot happen and that legal tender remains legal tender.”

NatWest's  new rules, which come into force on Sept 11, state that: “We may apply limits to payments to and from your account, for example, to the amount of cash you pay in or withdraw, or to payment types where there is a high risk of fraud, scams or other crimes.”

Anne-Marie Morris, a Tory MP who sits on the Commons treasury committee, added: “We should not be moving to a cashless society without consumer consultation and consent.

“Of course we must ensure money laundering is not allowed to flourish. But there is a balance and society cannot just be deprived of cash because it suits banks and regulators.

“The fraud and money-laundering rules seem to be wagging the tail of the cash dog.”

RELATED:

Posh Peoples Banker Humbled By Public Backlash To Authoritarian Debanking Policy
Much discussion in UK media and as far away as The USA and Australia this week has focued on the decision by Coutts (the posh people's bank,) to ‘de-bank’ former UKIP leader Nigel Farage, the political outsider who successfully steered the campaign to take Britain out of the EU to victory in a national referendum. According to Coutts initial responses to media attention the decision was taken because of reputational concerns.

Is Switzerland About To Become First Country To Outlaw A Cashless Society?
As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely.

Negative Interest Rates & The War On Cash, Part 3: "Beware The Promoters"
Bitcoin and other electronic platforms have paved the way psychologically for a shift away from cash, although they have done so by emphasising decentralisation and anonymity rather than the much greater central control which would be inherent in a mainstream electronic currency. Despite the loss of privacy, electronic currency is much favoured by techno-optimists, but not so much by those concerned about the risks of absolute structural dependency on technological complexity.

Beware the dangers of a cashless society
As the country celebrates tradition and prepares for change, one major shift is closer than ever – our move towards becoming a cashless society. It is hard to imagine money without the Queen’s profile proudly embossed, defining our Elizabethan generation in a centuries-old British tradition, but the monarch’s face is fast disappearing from our pockets.

War On Cash Gathers Momentum - Germany Unveils Cash Controls
On Monday (1 February, 2016) just two days ago, Bloomberg called on the central banks of the world to “bring on a cashless future” in an Op-Ed that calls notes and coins "dirty, dangerous, unwieldy, and expensive." We can imagine it would be quite easy to harm someone by firing large coins at them from a gun and terrorists could probably stuff an improvised explosive device with small coins rather than nails or nuts and bolts. And if ...

Posh Peoples Banker Humbled By Public Backlash To Authoritarian Debanking Policy
Much discussion in UK media and as far away as The USA and Australia this week has focued on the decision by Coutts (the posh people's bank,) to ‘de-bank’ former UKIP leader Nigel Farage, the political outsider who successfully steered the campaign to take Britain out of the EU to victory in a national referendum. According to Coutts initial responses to media attention the decision was taken because of reputational concerns.

Is Switzerland About To Become First Country To Outlaw A Cashless Society?
As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely.

Negative Interest Rates & The War On Cash, Part 3: "Beware The Promoters"
Bitcoin and other electronic platforms have paved the way psychologically for a shift away from cash, although they have done so by emphasising decentralisation and anonymity rather than the much greater central control which would be inherent in a mainstream electronic currency. Despite the loss of privacy, electronic currency is much favoured by techno-optimists, but not so much by those concerned about the risks of absolute structural dependency on technological complexity.

Beware the dangers of a cashless society
As the country celebrates tradition and prepares for change, one major shift is closer than ever – our move towards becoming a cashless society. It is hard to imagine money without the Queen’s profile proudly embossed, defining our Elizabethan generation in a centuries-old British tradition, but the monarch’s face is fast disappearing from our pockets.

War On Cash Gathers Momentum - Germany Unveils Cash Controls
On Monday (1 February, 2016) just two days ago, Bloomberg called on the central banks of the world to “bring on a cashless future” in an Op-Ed that calls notes and coins "dirty, dangerous, unwieldy, and expensive." We can imagine it would be quite easy to harm someone by firing large coins at them from a gun and terrorists could probably stuff an improvised explosive device with small coins rather than nails or nuts and bolts. And if ...

The Folly Of Using Inflation To Reduce The Debt As the Obama administration starts to seriously consider minting Trillion dollar coins to reduce debt by fuelling massive inflkation the Daily Stirrer's finance expert explain why this would not work and would have catastrophic consequences.

A Dickensian Christmas Gift: Mister Micawber's Economic Wisdom
Despite the ever growing dunghill of evidence to the contrary lefty politicians around the world continue to call for higher taxes, more government spending and collectivist solutions while the clueless Obama administration embark on another futile round of "quantitative easing. What they are trying to do is inflate away debt but inflation is the curellist stealth tax. (Also posted at Scribd)

The Folly of World View Theorists From The Left And Right World view theorists abound on the right and left of the political spectrum. Neo - con Free Market Freaks butt heads against big government collectivists as they compete to offer the most authoritarian and unworkable solutions to the world's ongoing crisis. The one element they always factor out of their calciulations however, human nature, is always the one that sneaks up and bites their arses.

Marxism: The Main Cause Of Poverty And Inequality
The idea that some watered down form of Marxism can relieve poverty while a system based on free enterprise, personal liberty and responsibility and small governmen can only widen the gap between rich and poor is widely held and completely wrong.

The Folly of World View Theorists From The Left And Right World view theorists abound on the right and left of the political spectrum. Neo - con Free Market Freaks butt heads against big government collectivists as they compete to offer the most authoritarian and unworkable solutions to the world's ongoing crisis. The one element they always factor out of their calciulations however, human nature, is always the one that sneaks up and bites their arses.

[ Cashless Society ] ... [ debt crisis ] ... [ Money from fresh air ] ... [ Money index ] ... [ Banks' money magic ]

EXPLORE:
[Daily Stirrer] ... [ Our Page on on Substack ]... [Boggart Aboad] ... [ Ian Thorpe at Quora ] ... [ Greenteeth Home ] ... [ Greenteeth on Minds.com ] ... [ Here Come The Russians ] ... [ Latest Posts ] ... [ Blog Bulletin ]