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Former IRS Agent Admits: "Personal Income Tax is Actually Illegal"

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By Tyler Durden

Submitted by Mac Slavo via SHTFPlan.com,

It is tax day again.

Chances are, you’re done with the dirty business this year, or laying low in hopes that you aren’t audited or flat out persecuted. If not, the clock is quickly ticking.

But it is worth pointing out once again the many ways in which the federal tax scheme in the United States is illegal.

Moreover, the spending by the Federal government and the role of the Federal Reserve in issuing money create overlapping levels of evil that have driven the American people into mere serfs – albeit with cool toys and great TV reception.

Former IRS Special Agent Joe Bannister explains to CNBC what he found out about the reality of the tax code:

Essentially, its many pages are a work of legal fiction, operating under ‘color of law’ and used to oppress the people, and separate established wealth from everyone else.

Bannister argues that by the books, the incomes of most Americans are not subject to the tax code, but the use of intimidation and nebulous code language has prevented the vast majority from discovering the truth.

In this vintage clip, then-Congressman Ron Paul argues that the 16th Amendment wasn’t properly ratified, leaving the 1913 “law” dubious at best.

Nonetheless, the use of intimidation and the custom of “death and taxes” has left millions and millions of people guilty until proven innocent, often labeled as “tax cheats” who are targeted without due process and with police state vengeance… now, they are attaining the power to revoke your passport if you don’t pay what they say you owe!

Will the American people ever be free from the burden of illegal taxation?

The late Aaron Russo, who produced several classic Hollywood films, put it all out in his documentary “America: Freedom vs. Fascism.”

If you haven’t seen it, Russo digs into the questions behind the questions and exposes the naked fraud that is holding America hostage.

This is a must see documentary… and one to share with friends and family while they still have the nation’s ridiculous and obscene tax burden on their minds.

Make no mistake – simply knowing about this information will not protect you. As Russo has noted, the system is very much like a mob. If you don’t pay, they might hurt you, fine you, penalize you or even jail you. But none of that makes it right, fair or legal.

April 15th should be a reminder of how little freedom is left in the nation that so-often prides itself on being the leader of the free world – but the last thing Washington would ever do is let people be.

…read more

Source: Former IRS Agent Admits: "Personal Income Tax is Actually Illegal"

    

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China Embraces Gold In Advance Of Post-Dollar Era

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By Tyler Durden

gold_graph

Submitted by Koos Jansen via AllChinaReview.com,

To challenge the US dollar hegemony and increase its power in the global realm of finance, China has a potent gold strategy. Whilst the State Council is preparing itself for the inevitable decay of the current international monetary system, it has firmly embraced gold in its economy. With a staggering pace the government has developed the Chinese domestic gold market, stimulated private gold accumulation and increased its official gold reserves in order to ensure financial stability and support the internationalisation of the renminbi.

“The outbreak of the crisis and its spillover to the entire world reflect the inherent vulnerabilities and systemic risks in the existing international monetary system…. The desirable goal of reforming the international monetary system, therefore, is to create an international reserve currency that is disconnected from individual nations and is able to remain stable in the long run…”

Quote from Governor of the PBOC Zhou Xiaochuan 2009.

In the present zeitgeist we find ourselves on the verge of a shift in the global monetary order. The shocks through the financial complex in 2008 that reaffirmed the innate fragility of the US dollar as the world reserve currency have sparked China to become a vocal proponent of de-Americanization, although its end goal is communicated less clearly. Being the second largest economy of the world but relatively in arrears regarding physical gold reserves, China has a strong motive to surreptitiously work on its gold program until completion. For, if it would be candid in its gold ambitions, the price would significantly run higher, potentially disturbing financial markets and narrowing its window of opportunity to prepare for the next phase.

State Council Rapidly Developed Domestic Gold Market And Stimulated Private Hoarding

China has been infatuated with gold for thousands of years. In the mainland, gold mining and use can be traced back to at least 4,000 years ago, and the metal has always represented economic strength and was regarded as the emperors’ symbol of power. Although the Communist Party of China captured the monopoly in gold trade and heavily restricted private gold possession since 1949, in lockstep with the gradual liberalisation and the ascend of the Chinese economy the state started to develop the domestic gold market in the late seventies, which accelerated in 2002.

A new page was turned when the Gold Armed Police started operating in 1979, not coincidentally a few years after the US detached its dollar, the world reserve currency, from gold. This army division was initially assigned to gold mining exploration and has done so quite fruitfully. Since 1979, Chinese domestic mining output has grown 2,137 % from an annual 20 tonnes to an estimated 467 tonnes in 2015. In 1982, the first steps were taken in reviving China’s gold retail channels. For the first time since 1949 people were allowed to buy jewelry and the China Gold Coin Incorporation started issuing Panda coins. The Peoples Bank Of China (PBOC) continued to be the primary gold dealer that fixed the price and controlled all …read more

Source: China Embraces Gold In Advance Of Post-Dollar Era

    

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Police Unleash Teargas After Massive Migrant Brawl Erupts At Paris Train Station

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By Tyler Durden

It appears Europe's refugee 'problem' is un-fixed again. Riot police were called in to break up a violent clash between hundreds of migrants and a 'vigilante group' near a Paris metro station. As The Daily Mail reports, footage from Stalingrad metro, where more than a thousand migrants have been living rough, showed hundreds of men brawling with metal poles and planks of wood.

Riot police used tear gas to disperse the crowd

The police are said to have been pelted with bottles and debris when the arrived at the scene of the fight between the homeless migrants and a so called 'anti crime brigade' from Stalingrad, which lies in the 19th arrondissement of Paris. The video was filmed from the relative safety of a nearby apartment on the Boulevard de la Vilette. At least four migrants were wounded in the riot, which was one of two that erupted last night. Both men were rushed to the nearby Lariboisière hospital for treatment.

Almost 1,000 migrants have arrived in the area in just over a month, many travelling from Calais having crossed the Mediterranean from Africa and the Middle East. French Interior Minister Bernard Cazeneuve had earlier announced the removal of the camp in a joint statement with Paris Mayor Anne Hidalgo, but the migrants returned with makeshift mattresses two weeks later.

…read more

Source: Police Unleash Teargas After Massive Migrant Brawl Erupts At Paris Train Station

    

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Draft Of Doha "Oil Freeze" Agreement Leaked

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By Tyler Durden

With the world’s attention about to focus on Qatar where in just a few hours the Doha OPEC “freeze” meeting is supposed to start (without the presence of Iran which has made it clear it won’t freeze production but “supports the decision for other OPEC and non-OPEC countries to freeze crude oil production” so everyone except Iran), moments ago Tass presented a glimpse of what will be announced.

According to the Russian news agency, a draft agreement of the oil producer countries expected to be signed tomorrow in Doha stipulates that the output will be frozen at the level of January 2016 until October, Azerbaijan’s Energy Minister Natiq Aliyev said in an exclusive interview with TASS on Saturday on the eve of a major off-schedule conference of OPEC and non-OPEC oil producing nations.

The draft agreement is not large,” Aliyev said. “It is as follows: the states gathering in Doha have reached a conclusion that for normalizing the oil price they agreed to freeze the output at the level of January 2016 until October.”

In other words, the member nations will agree to “freeze” production at output levels that are already record high for the Saudis, Russians and Iraq, even as Iran just boosted its production by some half a million barrels per day.

There is just one problem: there is no actual enforcement mechanism, and since this is OPEC where everyone looks to cheat before everyone else, it means that the ink on the agreement won’t be dry yet, and every country will be pumping like mad to new record-er highs.

According to Tass, the agreement in Doha to freeze oil output will be “gentlemen-like” as the draft stipulates no control mechanisms, Aliyev went on to say.

Aliyev said that “the agreement is gentlemen-like as the countries realize that the maintained norms of output will suit the joint interests. It does not envisage any control mechanisms and each country should observe its implementation.” Which, incidentally, is decidedly false as Saudi Arabia clearly has had its own unique interests ever since the November 2014 OPEC meeting which saw Saudi Arabia break out on its own and in the process effectively end the OPEC production cartel.

“There is no need in a supervisory body,” he said. “No proposals have come since it will have no influence on the countries.”

So… why is OPEC even pretending to freeze production? Oh yes, in hopes the algos will be dumb enough to attempt another forced short squeeze.

“We are ready to sign the agreement in a form that we have seen,” Aliyev said.

Which is another lie, as just last night the Saudi deputy crown price said without Iran, the world’s biggest oil producer will also not sign. Not adhering to the truth did not stop the Azerbaijani, however, who continued:“We believe that all the delegates who arrived in Doha are set to sign it, or why then they came here, otherwise.”

Meanwhile, OPEC has already set its price target as a result of …read more

Source: Draft Of Doha "Oil Freeze" Agreement Leaked

    

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Hookers Embrace ‘War On Cash’ – "Transactional Sex" Goes Digital

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By Tyler Durden

On the corners of Lagos' Sin Street, the purveyors of the oldest profession in the world have embraced the digital age. Amid the escalating 'war on cash', Nigerian hookers have turned to 'cashless sex' with point-of-sale machines.

The cashless option has become popular among prostitutes and operators of brothels and strippers. As Daily Post reports, “transactional” sex has gone digital…

In the city of Lagos, the digital revolution takes firm grip on the daily life of the citizens as shoppers are abandoning cash for digital payment using their Value Cards to purchase needful things and luxurious items––including sex!

Patrons of the city’s ‘fleshpots’ can attest that payment via PoS has become the preferred payment mode in high-end brothels and strip clubs of Lagos.

“The introduction of PoS is a good one. Me, naturally don’t go out with raw cash,” an old patron, Jeff, testified of the new development.

The entrance of a ‘cashless’ sex house located in Ikotun, a Lagos suburb carried the bold inscription on the wall: “PoS Available,” The message is clear and boldly written. With PoS, it is ‘pay before service.’

Most of the rooms have PoS points. An extra one is at the reception for general use. Kassy, one of the resident sex workers who manages a beauty saloon and a boutique at daytime, brings her private PoS device to the brothel as well for outside business of sex trade.

The sex-for-money mercenary described the introduction of PoS as a blessing for the flesh trade.

“I have had issues with men complaining that they wanted to have fun, but no cash at hand. But since the introduction of the PoS machine, once you have your MasterCard, you are in for fun. Fun unlimited.”

Asked if it is pay-before-service, the fair-complexioned prostitute said, “For me, as an independent person, it is not always. I have trusted customers who don’t go about with raw cash. Once we are done, I will bring out the machine for him to make the payment, there’s no big deal. But for some JJC, it is pay before service to avoid stories that touch,” she said amid a seductive smile.

It's not all positive though:

“It is fun but crazy at the same time,” she says. “Before now, I make about 20k per day and go away with my money, but since the introduction of the PoS here, I will have to wait till the end of the week to get my pay.

Another shocking finding by this reporter during one of his visits to the brothel was the rentage of the device to commercial sex workers for outside usage.

The owner of the brothel hires out the device to any sex worker who is interested in using it for the weekend at the rate of 5k. A day rentage goes for just N1, 500.

Diminutive, dark-skinned and pretty A3 said the PoS device has been a boost to their business since it was introduced.

“As long as you have your MasterCard and there is money in your account, no …read more

Source: Hookers Embrace ‘War On Cash’ – "Transactional Sex" Goes Digital

    

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Going out of business: 57-year-old Sport Chalet

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Sport Chalet announced Saturday that it would be closing all of its stores and had already shut down its website. …read more

Source: Going out of business: 57-year-old Sport Chalet

    

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Nearly Half Of Iraqis Say US Is Destabilizing Iraq To "Control Its Natural Resources"

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By Tyler Durden

iraq-survey-1

Submitted by AnonHQ via TheAntiMedia.org,

In 2003 President Bush and the United States military invaded the country of Iraq to liberate the people from an oppressive dictator and instill Democracy. 13 years later now, almost 5 years since the last combat troops were withdrawn from the country, the region still suffers from unspeakable violence and the success of a democratic voting systems have been limited. Recently a series of polls have been presented to the citizens and children of the Iraq essentially asking: What do you think of the USA? The results are disheartening.

The first study we will be observing comes straight from the US State Department and concluded in October of 2015. According to an official statement, the purported goal of the study was meant to determine “how well the U.S. Embassy in Baghdad was implementing the sixth of nine directives from the Obama White House’s strategy to counter ISIS, namely, ‘Exposing [ISIS’s] True Nature.” According to the results of the study, Iraqis are “aware of the Islamic State’s true nature” and hold “unfavorable views of ISIS and oppose its goals and tactics, with no significant variation across religious sects and ethnic groups.However 40% of all Iraqi’s believe that the United States is trying to “destabilize Iraq and control its natural resources.” Another 33% of pollsters from Iraq believe the United States “supports terrorism in general, or ISIS specifically.

The poll further finds that the approval rating of United States role in the Iraq has fallen from 38% in 2014 to 18% in 2015. The study is said to have been equally distributed among Shia and Sunni Muslims, going on to note that both religious groups are “completely opposed” the US led coalition against the Islamic State – finding it ineffective. Rather then take ownership of the fact that the United States invasion and subsequent exit from Iraq was a complete failure, officials at the State Department blame the poor reflection of the United States in these polls based on two factors – ‘Iran and conspiracy theories’. In a statement with Brietbart News, Pentagon official Colonel Steve Warren surmised that “Iranian-backed Shiite militias” are “pushing propaganda” against the United States – fueling tensions within the region. You can read all about the Islamic State conspiracy theory here.

The second study was conducted by an organization known as The ASDA’A BURSON-MARSTELLER Arab Youth Society with the primary objective of polling the “attitudes among Arab youth in 16 countries in the Middle East and North Africa.” As a whole, the study consists of “3,500 face-to-face interviews from January 11 and February 22, 2016 with Arab men and women in the age group of 18 to 24.” – 250 of which from Iraq. All 16 countries totaled together, the study found that 63% of all applicants viewed the United States as an ally. However, 93% of Iraqis, 82% of Yemenis, 81% of Palestinians and 57% of …read more

Source: Nearly Half Of Iraqis Say US Is Destabilizing Iraq To "Control Its Natural Resources"

    

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"Buried Alive" – Dramatic Photos From A Quake-Stricken Japan

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By Tyler Durden

Japanese Prime Minister Shinzo Abe ordered “government's full capacity” for a search and rescue effort after a second powerful earthquake hit southern Japan.

As USA Today reports, at least 41 people were killed and some 1,500 injured in the two quakes that struck Kumamoto Prefecture late Thursday and early Saturday…

Continuing aftershocks and the threat of heavy rain and wind added urgency to rescue efforts Saturday as authorities raced to help victims, many of whom are feared trapped in collapsed homes and buildings, particularly in towns and villages cut off by downed bridges or landslides blocking key roads and highways.

USA Today also notes that the national government dispatched 20,000 troops – many trained especially for disaster relief operations – to join thousands of local police, firefighters and rescue workers.

An approaching storm system was expected to arrive in the area late Saturday,
prompting the government to rush additional rescue workers to the area, along with thousands of waterproof tarps to protect victims and workers.

Authorities fear heavy rain could trigger additional landslides in the mountainous region.

“Daytime today is the big test” for rescuers, Prime Minister Shinzo Abe said at the outset of an emergency meeting in Tokyo on Saturday. Abe said he had planned to travel to the stricken area Saturday but canceled the trip so as not to impede rescue operations on the ground.

Chief Cabinet Secretary Yoshihide Suga told a press conference Saturday that workers are aware of multiple locations where victims “have been buried alive.”

“Police, firefighters and Self-Defense Force personnel are doing all they can to rescue them,” Suga said. He said about 70,000 people have sought shelter in emergency centers.

Television footage showed fires, power outages, collapsed bridges, a severed road hanging over a ravine and gaping holes in the earth. Residents near a dam were told to leave because of fears it might crumble, broadcaster NHK said.

“I felt strong shaking at first, then I was thrown about like I was in a washing machine,” said a Tokai University student who remains isolated in the village of Minamiaso in Kumamoto province on the island of Kyushu.

“All the lights went out and I heard a loud noise. A lot of gas is leaking and while there hasn't been a fire, that remains a concern,” the student, who is sheltering in a university gym with 1,000 other students and residents, told Japanese media.

Many frightened people wrapped in blankets sat outside their homes while others camped out in rice fields in rural areas surrounding the main towns. About 422,000 households were without water, and about 100,000 without electricity, the government said. Troops were setting up tents for evacuees and water trucks …read more

Source: "Buried Alive" – Dramatic Photos From A Quake-Stricken Japan

    

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Facebook Denies Bias After "How Do We Defeat Trump" Internal Memo Revealed

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By Tyler Durden

Facebook is aggressively pushing back on the idea that it could (or would) tilt the scales in the presidential election against Donald Trump.

After CEO Mark Zuckerberg publicly denounced the political positions of Donald Trump’s presidential campaign during the keynote speech of the company’s annual F8 developer conference…

“I hear fearful voices calling for building walls and distancing people they label as ‘others,’” Zuckerberg said, never referring to Trump by name. “I hear them calling for blocking free expression, for slowing immigration, for reducing trade, and in some cases, even for cutting access to the internet.”

For a developer’s conference, the comments were unprecedented – a signal that the 31-year-old billionaire is quite willing to publicly mix politics and business.

Gizmodo reports that inside Facebook, the political discussion has been more explicit. Last month, some Facebook employees used a company poll to ask Zuckerberg whether the company should try “to help prevent President Trump in 2017.” Every week, Facebook employees vote in an internal poll on what they want to ask Zuckerberg in an upcoming Q&A session. A question from the March 4 poll was: “What responsibility does Facebook have to help prevent President Trump in 2017?”

A screenshot of the poll, given to Gizmodo, shows the question as the fifth most popular.

As Gizmodo adds, it’s not particularly surprising the question was asked, or that some Facebook employees are anti-Trump. The question and Zuckerberg’s statements on Tuesday align with the consensus politics of Silicon Valley: pro-immigration, pro-trade, pro-expansion of the internet.

But now, as The Hill reports, a spokesperson for the company says it cannot confirm or deny leaks but bristled at the suggestion it would seek to help or hinder any political candidate.

“We encourage any and all candidates, groups, and voters to use our platform to share their views on the election and debate the issues,” the spokesperson said in a statement.

“We as a company are neutral — we have not and will not use our products in a way that attempts to influence how people vote.”

Which seems in direct opposition to the clearly un-neutral comments that Zuckerberg shared recently.

And one final thought, while FB employees appear to be left-leaning “safe space”-creating establishmentarians, the firm's billions of 'customers' are most certainly not – as is very evident by the soaring popularity of non-mainstream political parties around the world. So, the question that has to be asked is – will Facebook's 'bias' cost them millions in eyeballs? Judging by this week's debacle over AdParlor's hastedly denied talk of an 18% plunge in ad spend, perhaps it already is…

…read more

Source: Facebook Denies Bias After "How Do We Defeat Trump" Internal Memo Revealed

    

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Denmark, Belgium, Now The Netherlands: Negative Mortgage Rates Spread Across Europe

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By Tyler Durden

In early 2015, after seeing a staggering $1.4 trillion in Euro area government debt trade at negative interest rates (the number has since grown to $6 trillion) we wondered when the bailout of insolvent governments was going to make its way to other debtors. Our question was quickly answered when we found that a negative rate mortgage had been issued by Nordea Credit, a bank in Denmark. Recently, even the WSJ finally stumbled on this bizarre inversion of traditional borrower obligations.

We noted at the time that this this was the first of many such paradoxes, as eventually more and more banks would begin to fall in line with ECB expectations and lend at slightly negative (at first, then progressively more negative) rates, rather than lose even more money as a result of leaving cash in the ECB deposit facility.

This is just the beginning: according the Danish media outlet, as a result of variable-refinancing, as recently as a week from now “a greater share of customers could have a negative rate.”

Earlier this month we got evidence of that when we learned that a bank had issued a negative interest rate on a mortgage in Belgium.

Now, courtesy of news.com, we learn about another bank that is paying customers to take out a mortgage, this time in the Netherlands.

As a result of entering into a variable mortgage agreement that was denominated in Swiss Francs, and set at 0.7% above Swiss Libor, Achmea Bank now finds itself having to pay borrowers to take out a mortgage.

There is more to this story however.

It took a court case to force the bank to pay what it owed. As CHF Libor rates plummeted on the heels of the ECB’s NIRP policy, instead of paying the borrowers their contractual due, the bank tried to get away with simply telling the borrowers that they didn’t owe anything on their interest payment.

In a ruling announced on Monday, the Netherlands’ consumer financial products watchdog, Kifid, said it had sided with the unnamed holders of the variable interest rate mortgage, who brought the case, rather than with lender Achmea NV.

The mortgage was denominated in Swiss francs, with a variable rate set at 0.7 per cent above Swiss Libor, a benchmark rate. When Swiss Libor fell below minus-one per cent in January 2015, the bank should have paid the mortgage holders around 0.3 per cent interest, Kifid said in the ruling.

Financial journalist Alan Kohler had some pointed comments around the policy of NIRP and how it’s devolving into ridiculous things such as negative mortgage rates. He rightfully asserts that central banks will look back on this period as a time in which more harm was done than good (as is always the case).

He begins by comparing the central banks’ use of NIRP with significant global events that haven’t necessarily fared very well, including very creation of the European Union.

“We may well look back ruefully on negative interest rate policy, or …read more

Source: Denmark, Belgium, Now The Netherlands: Negative Mortgage Rates Spread Across Europe

    

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