NEWS YOU MAY HAVE MISSED
January 3, 2002
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| NEWS YOU MAY HAVE MISSED January 3, 2002 | ||
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| 01-03-2002 A.L.E.R.T. (A.merica L.aw E.ducation R.ights & T.axation) NOTICE -- The INFORM AMERICA! HOUR National Conference Call will resume this Monday evening, January 7th, at 9:30PM EDT (6:30PM on the extreme left coast). Call 918-222-7101. When prompted for the PIN, enter 5562, then press the # key. NEWS YOU MAY HAVE MISSED -- As compiled and reported by your faithful correspondent · Cook Those Chips! · Insider Stock Selling: Bombs Away! · Rewards Surge For Turning In Tax Cheats To The IRS ^^^^^^^^^^^^^^^^^^^^^^^ COOK THOSE CHIPS! The EE Times reported on December 19th, 2001 (excerpted from the full article at http://www.eetimes.com/story/OEG20011219S0016): 'The European Central Bank is working ... to embed radio frequency identification tags into the very fibers of euro bank notes by 2005 ... Intended to foil counterfeiters ... The euro will become 'the most common currency in the world' at midnight on Jan. 1, when 12 nations embrace it ... criminal investigators in Europe are ... worried not only about counterfeiting ... but also of a possible increase in money laundering ... Although euro bank notes already include such security features as holograms, foil stripes, special threads, microprinting, special inks and watermarks, the ECB believes it must add further protection to keep the euro from becoming the currency of choice in the criminal underworld, where the U.S. dollar is now the world's most counterfeited currency ... In theory, an RFID tag's ability to read and write information to a bank note could make it very difficult, for example, for kidnappers to ask for 'unmarked' bills ... a tag would give governments and law enforcement agencies a means to literally 'follow the money' in illegal transactions ... The RFID allows money to carry its own history ...' In keeping with the rapid march towards a cashless world economy, one in which all transactions will be known immediately to global overseers in real time, ALL of the world's fiat paper currencies -- the beloved Federal Reserve Note (FRN) included -- will no doubt adopt RFID technology in years to come. I therefore took interest in a particularly humorous monkeywrenching tip that one wag recently e-mailed me, in which he suggested: 'Toss em [cash embedded with the RFID chip] into the microwave oven for 15 seconds. The chip cooks itself to oblivion - or someplace well below that. They can't ban microwave ovens ... Ain't technology grand?' Indeed it is. A few years ago, taxi drivers and other conspiracy theorists were using tweezers to remove the strips embedded in the new FRN's. When the Fed retaliated by installing them in three segments so that only the pieces closest to the edge could be removed, monkeywrenchers everywhere united in running Radio Shack demagnifiers over the strips in a coordinated plot to foil Big Brother one again (sorry). Turns out those strips are actually mylar and manufactured by a small firm in Milford, New Hampshire where an amused employee informed this author that data could not possibly be recorded on them because 'they're plastic'. So now we'll soon be 'nuking' platters full of FRN's in our microwave ovens. Will one of those little rotating, wind-up Lazy Susans be necessary to ensure total chip death? And at what power setting, Defrost or Bake? Dunno. Stay tuned! FAST FORWARD -- Not too many years from now, long after the National ID Card has been made mandatory, you'll make a routine retail purchase of your government mandated medication (rent the video 'THX 1138' sometime) only to have your precise biometrically authenticated ID, physical location, time of day right to the second and form of payment tendered all instantaneously recorded. Where? Why, right on the FRN itself, of course. '... The RFID allows money to carry its own history ...' But it gets worse! The instant the transaction is processed, a retail transaction tax will instantly be debited from your legally required bank account (mandated in 2010 under the Rodham Financial Freedom Banking Enforcement Act) and transferred automatically to the National Retail Transaction Tax Voluntary Enforcement Center where your current debit/credit relationship vis-a-vis the Central Computer will be carefully tabulated. Get too far behind on your Personal Productivity Ratio and ... well ... I can't go any further. Young children may be reading this. But the movie 'Soylent Green' comes to mind. This is the future that, if not stopped, the advent of a National Sales Tax will only hasten. ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ INSIDER STOCK SELLING: BOMBS AWAY! In an e-mail dated December 28, 2001, highly acclaimed technical market analyst, Dr. Martin Weiss of 'The Weiss Safe Money Report', wrote the following dire warning. Seems like the boardroom rats are quickly abandoning ship. '... company executives and insiders ... are selling their shares ... like crazy. Insider sales by company execs shot up 50% from October to November ... Bill Gates sold 7.5 million shares of Microsoft ... Thomas Murphy, a director of the Walt Disney Co., sold 2 million shares of his company's stock ... Two executives of drug development company Imclone Systems ... sold over 1.5 million shares ... Wayne Huizenga, chairman of AutoNation, sold a stunning 15 million shares ... Other stocks that saw execs dump shares in November include Cendant, American Home Products, Oracle, Lowe's, and Coca-Cola, according to Bloomberg ... Perhaps they see the same horrific underlying fundamentals that we do? ... Layoffs hit 9-year record ... US companies chopped 1.8 million jobs in 2001 ... Consumer debt has swelled to a mindboggling $1.6 trillion ... Credit card company charge-offs ... are set to hit a record 8% of credit card loans in 2002 ... New bankruptcy filings were up 14% in the third quarter compared to a year earlier ... Wall Street has talked itself into believing a recovery is right around the corner ... that isn't going to happen ... As wave after wave of bad economic news continues to hit Wall Street in January ... you'll see insiders flood the market with 'sell' orders ... And ordinary investors will be bailing out behind them.' Our friends at the Fully Diversified Investors Club (http://www.fulldiversified.com) wrote to ask: 'Finding your wallet a little squeezed after all that holiday shopping? FDIC members are full of holiday cheer due to 4 of the club's recent options picks hitting new highs on December 12th. There's nothing like finding some hefty profits under the tree to make the season bright ;-) · The Jefferson-Pilot January $45 put option hit $210 -- up 17%! · The Target December $35 call option hit $480 -- up 210%! · The Sun Microsystems January $10 call option hit $490 -- up 172%! · The Titan January $25 call option hit $460 -- up 156%!' Learning how to bag steady profits like these may prove a useful survival skill over the next few months if, as predicted by Dr. Weiss and others whose uncanny track records are cause for sobriety, the market implodes like the twin towers, catching flag-waving Americans in an economic deja vu. ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ REWARDS SURGE FOR TURNING IN TAX CHEATS TO THE IRS Verily, America is turning into a nation of finks. On the home front, it's the nosy, doe-eyed-soccer-mom-neighbor across the street who sees your home- schooled children spending (in her opinion) just a little too much time playing outdoors every day and 'rats you out' to Social Services ... who quickly invade the home and haul the little scholars off for proper institutionalized educational supervision. While inside the Government Dewey Camps, the little darlings -- fast on their way to becoming today's equivalents of Nazi Brown Shirts -- are dutifully answering such Department of Education mandated questions as: 'Has your daddy pushed or hit your mommy recently?'. No doubt all affirmative answers are instantly modemed to the Imperial City for affirmative action: 'CHILDREN TO BE WITHDRAWN FROM HOME AND PLACED WITH GOVERNMENT-APPROVED PARENTS. PLEASE AFFIRM ACTION.' Meanwhile, millions of business owners will be finking on millions of independent contractors again this year on IRS Form 1099, which (surprise, surprise) has no lawful bearing on domestic source income. More on this in an upcoming A.L.E.R.T. And, finally, this just in from taxdude12@aol.com: 'The IRS handed out a record $10.8 Million Dollars to INFORMANTS during the year ended Sept 30, 2000, That easily exceeded the previous record of nearly $8 Million the year before. There were 382 rewards in the last year. The IRS says that the rewards program enabled it to collect an additional $266.6 Million in fiscal 2000 up from $167.5 million the previous year. Most tipsters come away empty handed. Since the late 1980's the IRS has paid only about 19,000 rewards, or around 8.2% of the total claims received. Naturally, all rewards are taxable. Ex-wives, girlfriends, children, former friends, or ex co workers, and lawyers, tax preparers, and C.P.A.'s are the ones that refer tax cheats along with the new group of undercover IRS employees. Once the IRS finds their bank account, they have a 97% rate of convictions. Many tipsters do not get paid, because they cannot give enough information, but the IRS does take the information given and assigns it to an agent that usually collects and prosecutes. 'Loose lips sink ships'. Many say that they deserve to get caught for being so dumb.' It's getting rougher out there all the time for the Cheerful Donor. Perhaps the legislature should pass a 'Stupidity Tax'. Come to think of it, one already exists. It's paid every time someone somewhere purchases a Lottery Ticket. «»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«» Let's INFORM AMERICA together! Tell a friend... http://www.informamerica.com/news/tellafriend.htm «»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«»«» T H E · I N F O R M E D · A M E R I C A N 'Real News For Real Americans!' · Protected by the 1st Amendment; Defended by the 2nd · Life-empowering truths not covered by the 'watchdog' media · Converting taxpayers back to citizens; a compass for freedom · Read the current issue at http://www.informamerica.com/news SUBSCRIBE · Subscribe to receive Gordon's latest articles. · Click here --> http://www.informamerica.com/news/subscribe.htm ACCESS THE ARCHIVES · Read past issues of THE INFORMED AMERICAN and ALERT's · Click here -- > http://www.informamerica.com/news/archives.htm DOWNLOAD OUR EYE-OPENING 'FREE REPORTS' · Learn the facts about IRS computer fraud. · Employers: Who is really required to deduct and withhold? · Is Congress really honest? What's Senator Grassley up to now? · Click here for download details: http://www.informamerica.com FREEDOM RESOURCES FOR THE FREEDOM MINDED · The Liberty Dollar - 'Real Money' at http://www.NORFED.org · It's Your Stuff -- Protect It Now at http://www.PrivateArena.com · The Truth Behind The Income Tax at http://www.InformAmerica.com · Prepare For The Coming Collapse at http://www.FullyDiversified.com · No More W-4! Take Home 100% at http://www.AmericanContracting.com · Financial Freedom Thru No-Risk Realty at http://www.RealtyFreedom.com THE 'THREE RULES' The principled American who decides to exercise his or her rights in the face of a government that ignores the Constitution and due process needs to pay careful heed to the following THREE RULES, and in this exact order: · RULE #1 -- Protect Property · RULE #2 -- Get Educated · RULE #3 -- Take Action? (see rules 1 and 2) Regrettably, many unwisely reverse this order of events. Their eyes become open to the truth and, in their frustration or outrage, they may stop filing tax returns as 1 in 5 Americans already have, by the IRS' own admission. They have already taken action (RULE #3), yet they remain largely uninformed as to our nation's written tax laws (RULE #2). And their property and income streams are still fully exposed to plunder (lien, levy and seizure) and/or opportunistic/predatory lawsuits (RULE #1). The result: they have just shot themselves in one or both feet. Savvy Americans who are serious about applying the advantages of real-world asset protection complete RULE #1 before all else. As a bonus, their estate will never be probated nor will their children's inheritance one day be shrunk due to misapplication of federal estate and inheritance tax law. The bottom line: too many procrastinate and later regret that RULE #1 was not their primary order of business. Don't let this happen to you. Feel free to ask us for a referral to a reliable and knowledgeable asset protection provider. Yours For Liberty In Our Lifetime, Gordon Phillips · Founder & CIO: INFORM AMERICA! · Nat'l Representative: Save-A-Patriot Fellowship · National Spokesperson: American Contractor Services P.S. Living life in a fishbowl? Or in the Private Arena? Visit http://www.privatearena.com and get your FREE REPORT. LEGAL DISCLAIMER · Nothing published by INFORM AMERICA! is to be construed as legal or tax advice. If you find yourself in need of such advice, please seek the services of a licensed attorney, CPA or other tax or legal professional who is fully versed in the Federalist Papers, the Anti-Federalist Papers, Madison's Notes, Elliot's Debates, the Constitution, the Bill of Rights, the Internal Revenue Code and the tax regulations. This may be a protracted search. SUBSCRIBE -- If you were forwarded this e-mail by a friend and would like to 'opt in' to our e-mail distribution list and receive the latest A.L.E.R.T.'s and issues of THE INFORMED AMERICAN!, click here --> http://www.informamerica.com/news/subscribe.htm |
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