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Showing posts with label conservative musings.. Show all posts
Showing posts with label conservative musings.. Show all posts

Thursday, April 20, 2017

Russia Now Massing Troops On North Korea Border.

VLAD KOREA MOVE 

Russia moves troops, helicopters and armoured vehicles to its border with North Korea as Putin braces for war

Footage allegedly shows a mass military mobilisation in Vladivostok - about 11 miles from its border with North Korea
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RUSSIA’S president Vladimir Putin is reinforcing his border with North Korea by relocating troops and equipment, according to reports.
Footage released allegedly shows a mass military mobilisation in Vladivostok, about 11 miles from the border with North Korea
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Footage released allegedly shows a mass military mobilisation in Vladivostok, about 11 miles from the border with North Korea
Video footage is said to show one of three trains loaded with military equipment moving towards the 11 mile-long land frontier between Russia and the repressive state.
Another scene shows military helicopter appearing to move towards the North Korean border and manoeuvres across rough terrain by army combat vehicles.
Other reports suggest there have been military moves by road as well.
Putin reportedly moved military vehicles towards the city, which is within striking distance of North Korea
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Putin reportedly moved military vehicles towards the city, which is within striking distance of North Korea
Military helicopter appears to be moving towards the North Korean border and manoeuvres across rough terrain by army combat vehicles
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Military helicopter appears to be moving towards the North Korean border and manoeuvres across rough terrain by army combat vehicles
There have been concerns that if a conflict breaks out Russia could face a humanitarian exodus from North Korea
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There have been concerns that if a conflict breaks out Russia could face a humanitarian exodus from North Korea
There have been concerns that if a conflict breaks out Russia could face a humanitarian exodus from North Korea.
But Putin has been warned, too, that in the event of a US strike on Kim Jong-un’s nuclear facilities, contamination could swiftly reach Russia.
“Railway trains loaded with military equipment moving towards Primorsky region via Khabarovsk have been noticed by locals,” reported primemedia.ru in the Russian far East – linking the development to the North Korean crisis.
A military convoy appears to be on the move in unverified footage released online
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A military convoy appears to be on the move in unverified footage released online
The dramatic move was apparently spotted by residents who posted fooage on social media
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The dramatic move was apparently spotted by residents who posted fooage on social media
“The movement of military equipment by different means of transport to southern areas is being observed across Primorsky region over the past week,” said military veteran Stanislva Sinitsyn.
“Many relate this to the situation in the Korean peninsula.
“The video shows artillery systems that either support troops in assault or meet the aggressor.”
He said: “The movement of military equipment means that authorities of our country are keeping up with the situation – and take appropriate measures.”
The movements were “a preventive but necessary” measure.
“If the situation worsens, especially related to military events, the armed forces of all the neighbouring countries obviously monitor it more closely, and we are no exception.
“It is not the first time that North Korea has broken the peace in the region, that’s why this situation deserves attention.”

Friday, March 6, 2015

A Few Thoughts By A Concerned Indian By S. Suchindranath Aiyer

S.Suchindranath Aiyer is a commentator on our blog, Conservative Musings. We have enjoyed his comments, so we asked him to expand his thoughts into a full length article. What follows are his thoughts.  

If you are interested in being published on our blog, please email me at sixspeedtom@ymail.com. We will publish your article, under your own byline.

Conservative Tom





Obama is just the Cherry on the Ice Cream of Saudi Strategy. The Saudis really hit pay dirt when they diverted Bush and his cronies and cohorts into Iraq after Afghanistan. Consider: (1) They distracted the US from their Nuclear Bomb and Terror wielding sword arm, Pakistan. (2) They toppled Iraq which with state of the art medical and educational services, discos, bars, and thriving communities of Christians, Jews, Yazidis, Shias and Kurds was anathema to the Saudi Caliphate. (3) With Iraq, they set the stage for toppling Syria which, like Iraq, with state of the art medical and educational services, discos, bars, and thriving communities of Christians, Jews, Yazidis, Shias and Kurds was also anathema to the Saudi Caliphate. (4) They drained the US off Three Trillion Dollars and five thousand (plus) soldiers in Iraq rendering it as unfit as Britain and the rest of "NATO" to wage another war or do the right thing about Islam. As a strategist, I can't help admiring the Saudis. They will have achieved their prophet's vision of enforcing the sharia on the rubble of civilization without effort, loss of life or expenditure. They have even successfully got the US and its poodles in Europe to beard Russia which is the sole remaining obstacle to the creeping hegemony of Islam at great cost to the poodles!
 
One of the most dangerous developments in the presently evolving propoganda is the attempt to pin the blame for Islamic terrorism on Iran instead of Saudi Arabia.  From former Four Star Generals and Admirals tetifying before Senate hearings  in the footsteps of Colin Powell, to others, there is a deliberate misinformation being produced to divert the wide spread and seething anger against Islam to Iran (Shia)  rather than the real pepretrators who are the Saud-Qatari-Kuwaiti-Pakistani (Sunni) cartel.  This is analogous to the diversion of 9/11 anger to Iraq from Pakistan by the Bush- Blair cabal and  if, indeed, the West invades Iran instead of dealing with the Sunni Armies in Mesopotamia, South Asia and Africa which are now spreading through Europe, may well concede unopposed victory to the Sunni Caliphate. 
 
There seems to be more misconception about Al Qaeda than any information. Al Qaeda was formed by the CIA and Pakistan's ISI to train students (Taliban)  from Saudi Wahabi Madrassas around the World in Guerrilla Warfare to chase the Russians out of Afghanistan. It received methodology, kits, ideas and instructors in "terrorism" from such unlikely places as Ireland, Germany and Spain with US help. Subsequently, it became the Staff College of Saudi-Wahabi guerrilla warfare to enable the Saudi-Wahabi agenda of establishing the Saudi Wahabi Caliphate of the Sharia, with all its primitive, atavistic brutality as  was preached by the Islamic Prophet and Caliphs as they spread their Empire in the name of religion by the sword of rapine, enslavement and plunder. Today Al Qaeda (the base) is defunct. It has been since it was granted safe haven in Pakistan by an arrangement between the US High Command and Pakistan brokered by the Saudis. This pax was broken by Obama who, unlike several of his predecessors, (since the bombing of Belgrade and the deflection of US 9/11 anger to Iraq from theprincipal (nuclear armed) Saudi sword arm Pakistan), is not under Saudi "influence" and had Osama Bin Laden assassinated. What exists now are successors to the Al Qaeda methodology that have improvised, improved and spread out and continue to train Taliban indoctrinated in Saudi funded Madrassas and Mosques around the World. So, effectively, there is no such thing as "The Base" (Al Qaeda) now. As for terrorism, this is hardly at the acme of its strength yet. It wll continue to grow and strengthen to achieve its objective of the Global "Caliphate" enforcing the atavistic "sharia" in Emirate (country) after emirate. The aquifers of Mosques and Madrassas funded since more than forty years all over the World by the Saudis and with the Qatari and Kuwaitis doing their bit is limitless and has formed into myriad regiments under  yriad names of which oko Haram, Al Shebab, ISIS and Pakistan Army are only a few. It receives its greatest encouragement and strength from the liberal democracies of the World that continue to appease it rather than confront an Islam that is as much a political party as a religion, and primarily impelled by the ideology of establishing the global Islamic Empire or "Caliphate".
 
Walt Disney succeeded in giving the US the image of a Great Dane puppy. Not true. The US is a Polyphemes going on Sindbad with the Saudis playing a wily and oily "Old Man of the Sea". The Saudis buy the venal opinion and decision makers of the West and this gives them access to an enormously powerful armed forces, media and other resources. Thus US strategy which is pro-Caliphate trumps its tactics and operations designed to appease its vote-fodder. To ascend the throne of Arabia, the House of Saud entered into a pact with the chiefs of the Wahabi tribe to push the PBUH's mission to establish the Caliphate (or "Khilafat" so beloved of Mr. Mohandas Karamchand Gandhi, his successors and assigns) on the rubble of all other civilizations and cultures. They have been pursuing this agenda assiduously using the Oil gifted by their BiGod with a price mechanism negotiated by the Harvard educated Yamani. They cavort with the decision and opinion makers of the US.
 
They funded Clinton's bid for Presidency and he gifted them their first ethnically cleansed emirate in Europe after 1489 by bombing Belgrade for 84 days. They are frequent guests at every Bush home. They have funded Madrassas to raise Taliban (students) for more than half a century. They funded and aided Pakistan's "Islamic Bomb" as well as half the budget of the Pakistani Army (for which eight divisions are stationed in Saudi Arabia at any point of time, by rotation). Slowly and without much remark. Kicking Russia out of Afghanistan gave them the grand opportunity to get into an islamic alliance with the US. After 9/11 and Afghanistan , they deflected the US to the quagmire of Iraq to protect their sword arm, Pakistan and demolish the prosperous, secular threat to their PBUH's ambition. During Sochi, when they tried to deal with Russia to get support for over throwing Assad. for which ISIS was trained and armed by the US, Putin gave Saudi Prince Bandar marching orders and threatened to bomb Mecca if there was a terrorist attack in Sochi. Since then, the Saudis have got the US and its surrogate NATO/EU to start beefing up against Russia. MH-17 is a US false flag intended to further this agenda. There seems to be more misconception about Al Qaeda than any information.
 
Al Qaeda was formed by the CIA and Pakistan's ISI to train students (Taliban) from Saudi Wahabi Madrassas around the World in Guerrilla Warfare to chase the Russians out of Afghanistan. It received methodology, kits, ideas and instructors in "terrorism" from such unlikely places as Ireland, Germany and Spain with US help. Subsequently, it became the Staff College of Saudi-Wahabi guerrilla warfare to enable the Saudi-Wahabi agenda of establishing the Saudi Wahabi Caliphate of the Sharia, with all its primitive, atavistic brutality as was preached by the Islamic Prophet and Caliphs as they spread their Empire in the name of religion by the sword of rapine, enslavement and plunder. Today Al Qaeda (the base) is defunct. It has been since it was granted safe haven in Pakistan by an arrangement between the US High Command and Pakistan brokered by the Saudis. This pax was broken by Obama who, unlike several of his predecessors, (since the bombing of Belgrade and the deflection of US 9/11 anger to Iraq from theprincipal (nuclear armed) Saudi sword arm Pakistan), is not under Saudi "influence" and had Osama Bin Laden assassinated. What exists now are successors to the Al Qaeda methodology that have improvised, improved and spread out and continue to train Taliban indoctrinated in Saudi funded Madrassas and Mosques around the World. So, effectively, there is no such thing as "The Base" (Al Qaeda) now. As for terrorism, this is hardly at the acme of its strength yet. It wll continue to grow and strengthen to achieve its objective of the Global "Caliphate" enforcing the atavistic "sharia" in Emirate (country) after emirate. It receives its greatest encouragement and strength from the liberal democracies of the World that continue to appease it rather than confront an Islam that is as much a political party as a religion, and primarily impelled by the ideology of establishing the global Islamic Empire or "Caliphate".
 
It is as absurd to assume that the Obama-Kerry regime has a "foreign policy" as it is to assume that the US ever had. The US walked into one war after another serendipitously or for reasons totally un-related to the wealth of American citizens or for the good of the "World". Like Obama at West Point, it attributed its fortuity and the enormous natural resources plundered from the displaced American Natives to its sagacity and noble intentions. As a result, America is festooned with unintended consequences, notably the furthering of the Islamic agenda, rather than any noble "leadership" or choice of "leadership style". It is good that Obama claims that the US will not go into wars without a clear perspective, international sanction, partners and legal propriety. In this, he breaks with the "foreign policy" of the Clinton-Albright regime that bombed Belgrade for 84 days to give Islam its first ethnically cleansed enclave in Europe since 1489 and with the George W Bush-Dick Cheney- Colin Powell - Don Rumsfeld-Tony Blair regime that invaded Iraq on the back of the "West's" rage over 9/11, some blurred photographs projected on the UN wall and against law and the will of the International Community to deflect attention from Pakistan and Saudi Arabia which is where the 9/11 terrorists originated from, albeit, they had their base (Al Qaeda) in their hapless emirate of Afghanistan which is where the CIA trained and armed Islamic Terror and left behind messy loose ends as is its wont everywhere and will now repeat in Afghanistan-Pakistan when the US cuts and runs. The Tweedle Bush - Tweedle Blair regime knocked out the sole secular (if socialist and Baathist) counterpoises (Iraq and Syria) to the emerging Islamic Caliphates (Shia Iran and Sunni Saudi Arabia) that had been engineered by players of the "Great Game" on behalf of a receding empire post World War II.
 
But Obama's caution in war mongering is not a matter of choice. This is making a virtue out of a vice because, while the Tweedle Bush - Tweedle Blair genocide in Iraq enriched many individuals, and particularly the cronies of the regime, it rendered the US too war weary, confused, and resource strapped for further wars at the present juncture of History. Islam is immune to US pressure and probably pay rolls too many opinion and decision makers in the "West" for chances to be taken with Islamic oil. As for Russian gas, it is a problem for Europe, and while Russia solidifies its relationship with China, the US has a market in Europe to sell its Fracking Gas at enormously higher costs than the Russian dispensation rendering Europe's fealty tenuous and hard to keep. Obama-Kerry cannot claim a "foreign policy" any more than the preceding White Hice (Houses). This regime is moving with the traffic and blustering about in a fair imitation of Hollywood that turns every US defeat into victory to massage the psyche and war readiness of the American people and bring recruits to West Point. But they lack the fortuity and the resources that earlier regimes have enjoyed to pretend to similar "success". Napoleon wanted lucky generals and the american unwashed want lucky Presidents. Ukraine is a classic example. Bereft of intelligence, the "West: simply continued the momentum of animus towards Russia and a suspicion of Russia inherited from the Cold War and fed it into a psyche honed by Hollywood, Salem, Mc Carthy and Edgar Hoover rather than any erudition or intelligence polished with the untested assumption that Russia was a "permanently" vanquished foe. Boldly, the "West" continued its East ward conquest through NATO and the EU under a threatened (technically unfeasible) missile shield disregarding all protests and appeals to reason. Obama is right that NATO was thus strengthened. But this was a self fulfilling prophecy. This aggrandisement hit steel at Crimea which is vital to Russia's strategic interests. That Europe, NATO and the US were surprised and indignant at Russia's reaction shows how lacking they are in intelligence, foreign policy and sensitivity. That the "West" continued to exercise the "ghost limb" of their substituted intelligence with respect to Eastern Ukraine long after Putin had announced that that he was not going beyond Ukraine (before Crimea acceded to Russia) and that Obama actually claimed credit for having stemmed a non existent Russian tide with "sanctions" underscores that the "West" has neither intelligence nor foreign policy The unintended consequence of the White Hice not having intellgience or foreign policy over decades is that the the US has conjured the World into four quadrants i.e. Westitia, Russchinia and Insignificantia to the benefit of Islamia. Very messy for a US that does not have the fortuity, the acumen and the resources to walk in through the swing doors with six guns blazing as the great unwashed america would like. For now.
 
 
The current phase of Islamization began when the Saudis did a deal with the Wahabis in order to ascend the throne of Saudi Arabia. They committed to establish the global caliphate under the Sharia. Then came Sheikh Yamani and the re negotiation of the oil contract. Thereafter, the Saudi pumped money into Madrassas and Mosques around the world to generate Taliban (students) who would adhere to the real tenets of Islam and follow in the foot step of their "Prophet" as demanded by the Wahabi. All this happened long before Afghanistan. Afghanistan was, perhaps, the first major pustule of the current phase of Islam. Qatar and Kuwait also began to pump oil money into the same enterprise. The US and Pakistan put together a Staff College for the Taliban Army called "Al Qaeda" (the base). The US got instructors from  terrorist organizations around the World to train Al Qaeda (IRA, Baader Meinhof, Red Army, Basques, to name a few) and armed the Taliban. The tactic was successful in getting the Russians out of Afghanistan and the Taliban filled the vacuum. The Taliban are indoctrinated not to political or geographic allies. Their purpose, as trained meticulously by the Saudis. Qataris, Kuwaitis and so on was to create a global Caliphate and enforce Sharia on the World. Al Qaeda became defunct before Osama Bin Laden bit the bullet. But the ideology of Islam lives on and the methodology initiated by Al Qaeda is constantly growing and evolving to match the ambitions of the ideology which is to establish the Islamic Empire on the rubble of all civilization. The Taliban who are still being produced in copious quantities in Mosques and Madrassas around the World have formed into regiments like Jaish E Mohammed, Boko Haram, Al Shebab, ISIS (by whatever name) and so on.Their top commander is "Allah" and their ideology and ambitions have been laid out for them in the Quran and the Hadith by their "Prophet". The rest is smoke and mirrors of political convenience. The Commander in Chief and all his cohorts and cronies are not ignorant of this. While various US Presidents have bombed Belgrade, marched into Iraq and so on to put Petro Dollars into the pockets of themselves and their connections and deepen and widen the foot print of Islam, Obama is a Moslem.
 

The US needs a law to protect the US (and the World) from the White Hice and their pay masters.

S.Suchindranath Aiyer

Wednesday, July 2, 2014

The Perfect Aryan Baby Picture Was Not What Hitler Would Have Wanted.

The Hidden Identity of This Nazi Poster Child Would Have Stunned Hitler

Today, Hessy Taft is an 80-year-old professor in New York. During the mid-1930s, she was a baby in Berlin — a particularly attractive baby who was chosen for the cover of a Nazi magazine intended to show the perfect Aryan child.
Little did its editors know, their picture-perfect cover baby was actually Jewish.
“I can laugh about it now,” Taft told Germany’s Bild newspaper. “But if the Nazis had known who I really was, I wouldn’t be alive.”
Hessy Taft says that the Nazi magazine wanted to display the perfect Aryan child. (Image source: YouTube)
Hessy Taft says that the Nazi magazine wanted to display the perfect Aryan child. (Image source: YouTube)
Taft recently recounted in a video that when she was 6 months old, her parents took her to a renowned photographer in Berlin to capture a photograph of their baby. They framed the photo and placed it on their piano.
A short time later, the woman who cleaned their apartment told Taft’s mother, Pauline Levinsons, that she had seen a picture of baby Hessy on a magazine cover. She said it was the exact same photo that was sitting on the piano.
“My mother thought she must be mistaken and told her that couldn’t be,” Taft said.
Hessy Taft said her parents became cautious about taking her outside after her photo was published in the magazine and displayed on postcards and shop windows (Image source: YouTube)
Hessy Taft said her parents became cautious about taking her outside after her photo was published in the magazine and displayed on postcards and shop windows. (Image source: YouTube)
The cleaning woman insisted it was Hessy, so her mother gave her money to go out and buy a copy. When she returned with the magazine, Hessy’s mother saw that the photo of her baby had appeared on the cover of the Nazi family magazine Sonne ins Hause.
Taft said that inside the magazine were images of men wearing swastikas, Adolf Hitler inspecting troops and Hitler Youth marching and sitting around campfires.
“My parents were horrified,” Taft recalled. “They didn’t know quite how this came about.”
So her mother rushed to see the photographer.
Taft recounted: “She said to him, ‘What is this? How did this happen?’ And the photographer quickly sort of closed the door, pulled the blinds and told her to, very quietly admonished her, to keep quiet. He says, ‘Shh. I will tell you the following. I was asked to submit my 10 best baby pictures for a beauty contest run by the Nazis. So were 10 other outstanding photographers in Germany.’”
The Jewish baby's photo was so popular, it was also printed on birthday cards. (Image source: YouTube)
The Jewish baby’s photo was so popular, it was also printed on birthday cards. (Image source: YouTube)
When the photographer said that he had submitted the 6-month-old’s photo, her mother said, “But you knew that this is a Jewish child.”
The photographer “Yes … I wanted to allow myself the pleasure of this joke.”
“And you see I was right,” the photographer said. “Of all the babies they picked this baby as the perfect Aryan.”
The competition for the cover of the 1935 publication involved selecting the baby who represented the perfect example of the Aryan race.
Britain’s Telegraph newspaper reported that the photo was “believed to have been chosen personally by the Nazi propaganda minister Joseph Goebbels.”
“My parents were both shocked by the possible consequences this could bring and amazed at the irony of it all,” Taft said.
Later, the family discovered that not only did her photo appear on the magazine cover, it was reprinted on birthday cards, postcards and displayed in baby clothing shop windows.
Taft said that as a result, her mother and aunt were careful when taking her out for a stroll, nervous that she might be recognized.
Despite baby Hessy secretly being a “model” of Aryan beauty, the family suffered under Nazi Germany’s anti-Jewish laws. The Telegraph reported that Taft’s father Jacob lost his job at an opera company.
He was arrested in 1938 by the Gestapo on a trumped-up tax charge, the Telegraph reported, but was later released with the help of a friend who was a member of the Nazi party.
The family fled to Latvia then to Paris, which too fell to the Nazis. Hessy Taft survived the war with the help of the French resistance which helped her family escape to Cuba.
See Taft tell the story of how she became the “Perfect Aryan of the Third Reich”:
(H/T: The Telegraph)

Wednesday, April 23, 2014

It Must Be Nice To Work For The IRS! You Get Bonuses Even If You Owe Money To The IRS Or If You Have Been Disciplined! Where Are The Supervisors? Shouldn't This Agency Be Beyond Reproach?

IRS Awards Bonuses to More Than 1,000 Employees… Who Owe Back Taxes

WASHINGTON (AP) — The Internal Revenue Service has paid more than $2.8 million in bonuses to employees with recent disciplinary problems, including $1 million to workers who owed back taxes, a government investigator said Tuesday.
Treasury Inspector General for Tax Administration J. Russell George arrives on Capitol Hill in Washington, Monday, June 3, 2013, to testify before the House Appropriations subcommittee on Financial Services and General Government hearing regarding a report that the IRS spent about $50 million to hold at least 220 conferences for employees between 2010 and 2012. (AP Photo/J. Scott Applewhite) AP Photo/J. Scott Applewhite
Treasury Inspector General for Tax Administration J. Russell George arrives on Capitol Hill in Washington, Monday, June 3, 2013 (AP)
More than 2,800 workers got bonuses despite facing a disciplinary action in the previous year, including 1,150 who owed back taxes, said a report by J. Russell George, the Treasury inspector general for tax administration. The bonuses were awarded from October 2010 through December 2012.
George’s report said the bonus program doesn’t violate federal regulations, but it’s inconsistent with the IRS mission to enforce tax laws.
“These awards are designed to recognize and reward IRS employees for a job well done, and that is appropriate, because the IRS should encourage good performance,” George said. “However, while not prohibited, providing awards to employees who have been disciplined for failing to pay federal taxes appears to create a conflict with the IRS’s charge of ensuring the integrity of the system of tax administration.”
Other examples of misconduct by workers getting bonuses included misusing government credit cards for travel, drug use, violent threats and fraudulently claiming unemployment benefits.
The IRS said it has developed a new policy linking conduct and performance bonuses for executives and senior level employees.
“Even without a formal policy in place over the past four years, the IRS has not issued awards to any executives that were subject to a disciplinary action,” the IRS said in a statement. “We are also considering a similar policy for the entire IRS workforce, which would be subject to negotiations with the National Treasury Employees Union.”
The IRS had about 100,000 workers during the period under review.
In the 2011 budget year, more than 70,000 IRS workers got cash bonuses totaling $92 million, the report said. In the 2012 budget year, nearly 68,000 workers got cash bonuses totaling $86 million.
The report said the IRS considers prior conduct before awarding permanent pay increases. “However, IRS officials stated that the IRS generally does not consider conduct issues when administering other types of awards,” the report said.
There are no government-wide policies on providing bonuses to employees with conduct issues, the report said. However, a 1998 law calls for removing IRS employees who are found to have intentionally committed certain acts of misconduct, including willful failure to pay federal taxes.
Tax compliance at the IRS is generally better than at other federal agencies.
In 2011, 3.2 percent of federal workers owed back taxes, according to IRS statistics. The Treasury Department, which includes the IRS, had the lowest delinquency rate, at 1.1 percent.
The delinquency rate for the general public was 8.2 percent.

Tuesday, April 22, 2014

Want To See The Future, Check Out Puerto Rico! The View Is Desparate.

The Dollar  
Vigilante
Tuesday,April 22, 2014
Want To Lose All Your Money? Do What This Boxing Great Did...
[Editor's Note: The following post is by TDV Editor-in-Chief, Jeff Berwick]
You know what's easier than making millions upon millions of dollars? Losing it...
This is the story of one sports great who thought he was investing conservatively. The problem? He was not investing conservatively at all. In fact he was investing in one of the riskiest assets available today - government bonds. His financial advisor did not advise him of that.
Before we get to his story, let's paint a picture of his home country, Puerto Rico.  To put it bluntly, it is mired in debt. Lots and lots of debt. Sound familiar?
According to Puerto Rico's representative in Congress, Puerto Rico's debt crisis is the result of the island's status as a United States territory.
For 115 years Puerto Rico has been an US territory, and its people US citizens since 1917.
For nearly a decade the Puerto Rican economy has been contracting. It has had to borrow to pay bills. The island's $70 billion in debt has been downgraded to junk by credit rating agencies in recent weeks. It's solution? To beg for more subsidy from the US government.
What used to be a tax haven is no more when it comes to Puerto Rico. In fact, even Time Magazine has suggested that thousands of US-based mom and pop investors stand to lose their island shirts in "the next financial catastrophe", Puerto Rico. That is just what happens when an island of 4 million accumulates $70 billion in debt. 51% of the island's population is on welfare.
The island's debt crisis has not persuaded well-to-do people away from purchasing Puerto Rican government bonds. In so doing, many have nearly lost it all. Take Puerto Rican boxing legend Felix "Tito" Trinidad Jr., for example.
After winning belts in three different weight classes, earning $90 million throughout his career, Trinidad will be inducted into the International Boxing Hall of Fame in June, alongside Oscar De La Hoya. There's just one thing...He's basically broke...Despite his success, Trinidad has but $9 million in assets and a whopping $27 million in debt.
Where was his error? That is simple...He spent $63 million in Puerto Rican government bonds! The global economic crisis has not been kind to these bonds, making them practically worthless. 
So, what is the moral of the story? Felix Trinidad lost everything, for all intents and purposes, because he invested in government bonds. This might seem like far-removed story for Americans,  but the truth is this will happen to many Americans who are told that government and corporate bonds are safe assets, just as Trinidad thought.  
While Trinidad was able to strike a debt deal because of his notoriety, let's face it - you probably wouldn't get the same treatment. He is a national hero.
PUERTO RICO AS AN ESCAPE PLAN?
Americans have moved to or put money in Puerto Rico for its tax benefits, but they will be dissapointed to learn that Puerto Rico is a nanny-state (in the most intimate way possible) of the US and the government there will likely be taken over by the US government if not the International Monetary Fund and forced to restructure the economy. As you can see, the nation is already suffering from a failing economy and too much debt.
It is not likely that any Puerto Rican tax benefits will last long. When considering the bigger picture, there are many places more desirable to live than Puerto Rico, which will continue going downhill economically due to its dependence upon the US. It will probably help the US in its own decline as well. The truth of the matter is this: Puerto Rico is too interconnected with the US to experience any meaningful growth. 
 
A much better gateway to freedom is to procure a second passport in a low or no tax jurisdiction and then move outside of the West completely to a freer country than both the US and Puerto Rico and live as a Permanent Traveler globetrotting this beautiful little ball floating in space.
Puerto Rico basically has no hope of getting out of this mess if it continues on the path it has been on of slashing spending and raising taxes. This is not a blueprint for growth. To be fair, things have grown so dire in Puerto Rico, the country is thinking about legalizing marijuana and prostitution - a much better path than taxes. 
The TDV Wealth Management Crisis Conference is designed for people with the assets and abilities to move considerable funds offshore from the US. The major problem many of these folks face is sorting through the details of what makes most sense for them now. That is where The Dollar Vigilante comes in. Our team of international financial experts can do this with you and for you. There is no better time than now..Don't get stuck in-between like Trinidad did. Know the risks and make the right decisions for you and your family.