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Welcome to the era of civil asset forfeiture for your bank accounts. Where governments are woke, broke, and the new f-word is **Freedom**.

Posted by freedomforall 3 years, 2 months ago to Politics
26 comments | Share | Flag

Excerpt:
"Christia Freeland’s edict tonight that the government can now seize bank accounts with no due process and no recourse could only have been made possible by a complicit media, shaping an utterly false narrative about the truckers convoys and even of “freedom” itself.

For about six years or so, the far left, woke progressives have been operating under the assumption of being (ironically) “on the right side of history”, that their pronunciations, accusations and neuroses were canonical truth while all other thought was heretical and offensive.

They believed themselves to be objectively correct about everything, and that they evangelized an all-encompassing worldview of purported fairness and equity. Yet, the vast majority of their rhetoric is the embodiment of flat-out hatred and othering. For self-declared anti-fascists, their prescriptions around nearly everything amount to pure unvarnished totalitarianism."
...
"Both then and now, what they’ve accomplished is to actually amplify the game theory that incentivizes getting as much of one’s wealth out of the legacy banking system as fast as possible.

Nevermind that in the legacy banking system:

Your purchasing power is stolen via inflation (accelerating toward escape velocity)
Interest rates on your savings are negative in real terms
You’re using debt as currency
As of tonight, in Canada, the old adage “safe as money in the bank” isn’t what it used to be. Your money can be seized.

No warrant. No court order
No due process, no recourse
and the banks are shielded from liability.
Or

Bitcoin as the global opt-out. When you don’t have protection under the law, when you’re just on the receiving end of what is decreed, when ultra-wealthy socialists are busily re-imagining your life, and when you get demonized as a fringe and alt-right just for demanding your “Freedom” back, then you really don’t have to do anything else.

Just nod and smile and stack some sats.

The rest will take care of itself."


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(The comments above are of the writer. I do not advocate buying or holding crypto currencies. Do your own research and make a rational decision for yourself.


All Comments

  • Posted by $ Markus_Katabri 3 years, 2 months ago in reply to this comment.
    That’s funny....we call our Garden the Whitmer Garden for the exact same reason. As soon as she flipped the tyrant switch I stepped up plantings and stayed ahead of her the whole way through. If you’ll recall she tried to ban the sale of seeds.
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  • Posted by $ Markus_Katabri 3 years, 2 months ago in reply to this comment.
    Look at it this way. There was a couple that tried setting up an elaborate crypto laundering scheme. They couldn’t pull it off. Because sooner or later your identity is known.
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  • Posted by $ Markus_Katabri 3 years, 2 months ago in reply to this comment.
    Silver Eagles. For the most part I think post collapse people would agree that at least until 2021 they truly are .999 pure silver. After that go “junk” silver. Aka pre 1964 coins. Avoid all the bullion and novelty minting that’s out there.
    If you’re going to hold gold I’d do it in fine jewelry.
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  • Posted by Flootus5 3 years, 2 months ago
    I take note that Trudeau and Co. are confiscating cryptos as well. I thought that was supposed to be safe somehow? Yes, no?

    I always thought that cryptos are questionable because the second the servers go down, poof! goes the cryptos! Yes, no?

    I am a hard asset Au and Ag type guy being a gold mining geologist in Nevada.
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  • Posted by Dobrien 3 years, 2 months ago in reply to this comment.
    You sir have built a little slice of heaven right here.
    I love everything you have written. Great land use .
    I particularly love pan fish . From the bobber going under to the rod bending. The only draw back for me is the heat in Texas. Holy cow 4 mos though
    nov - Feb would be wonderful.
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  • Posted by Exitstageright 3 years, 2 months ago
    I realized a decade ago that storing treasures depended on the Gulch you wanted to create.
    So I sold my company, said goodbye to the headaches of 5 locations in three states and the 100 plus employees sucking my tit, and bought a ranch in Texas. I chose Texas because of the politics. Leaned towards Australia, but changed my mind, which turned out to be a right call.
    I found it by exploring orbital nite sat pics with low light. Wasn’t interested in populous areas, the fewer, the better. I immediately set about the task of making myself self sufficient. Like Commander, I wanted self sufficiency. I set up solar back up (50 KWH), explored, promoted, and set up barter systems with neighbors. I decided to “game” the property tax system. I needed an ag exemption. Excellent, I now have 50 tons of beef grazing my land. Adding to that, I have a dairy operation with Alpine goats. They give me an exemption on COGS
    on milk, cheese, soap, and meat production. I sell my access goat production during ramadan, the peak of Muslim demand. The cattle give me a return on my ranch operations, and my walk in freezer is always full.
    My wife, a retired phd pharmacist, concentrates her efforts on alternative medication, herbs, and antibiotics. Plus a kick ass garden, which we call the obama garden (because the dumb a$$ made it necessary).
    I have 5 solar powered water wells on the ranch, which provides not only our drinking water, but also water to 4 ponds teaming with catfish, bass, bluegill, and crappie. The tanks (ponds to you yanks) also provide water to cattle. Which is a deduction on my ranch operations.
    I lease out hunts for wild hawgs (I estimate at least 2k of the critters occupy the land my Lord lets me tend during my time here on Earth), plus my freezers are full of delicious pork as well.
    Bottom line, I traded in traditional monetary “government” value for real money, not monopoly money. For want is govt legal tender besides a game?
    I have enuff cash gold silver to pay the bastards their taxes for the rest of my life. in this life, I have what I need as long as there is a Gulch.
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  • Posted by 3 years, 2 months ago in reply to this comment.
    You might consider small purchases of sterling flatware from local sellers (if you find some) or on eBay. You might be able to buy at spot if you find the right seller and don't care about the condition or engraved initials.

    We have only a preamp at present, for audio enthusiast stereo. Hope to have an integrated stereo amp and monoblock power amps later in the year, and working on a stereo tube power amp design. All will have unbalanced RCA inputs.
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  • Posted by mccannon01 3 years, 2 months ago in reply to this comment.
    Shameless promotion sounds good. I can set up my Nord Stage 3 keyboard synth section to make violin music so I can fiddle during the burning. Yes, I have a generator so I can keep playing if the power goes out, at least for a little while. The 1/4" L/R outputs are unbalanced so can your amp handle that? Of course there's always the 1/4" stereo headphone output as well.

    Nice discussion on the silver and I thank all that replied. Maybe I'll look for a local supplier - I hand over $$ he/she hands over the metal. Nobody but me and the supplier knows I have it.
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  • Posted by $ jdg 3 years, 2 months ago
    Generators. Especially in California, where their use and sale are banned as of 1/1/23. Nobody is building more power plants, and there aren't enough to support all the electric vehicles that are expected to be added to existing demand -- even if the state doesn't turn them off for climate or other stupid reasons.
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  • Posted by 3 years, 2 months ago in reply to this comment.
    Precious metals should be a part of the plan for the future.
    (After tools, food, water, medical/supplement supplies, weapons/ammunition, generator, fuel, firewood ... and a tube preamplifier.;^)
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  • Posted by Dobrien 3 years, 2 months ago in reply to this comment.
    That’s why “junk silver” is a favorite of mine. It’s US currency so..... if they confiscate that it’s too late anyway , me having already died on my feet.
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  • Posted by 3 years, 2 months ago in reply to this comment.
    Excellent advise. Paper gold and paper silver (index funds, etc) are the primary method used to suppress the prices of the metals.
    Wall St uses that to generate profits as they manipulate price volatility to their advantage.
    The game is rigged in favor of the street, and the street controls the so-called regulators.
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  • Posted by term2 3 years, 2 months ago in reply to this comment.
    I think precious metals can be very useful in a real SHTF situation where the country is really crashed and you need some wealth to eat and get medical care. Government will try to confiscate any gold and silver that they can find, so selling it to gold/silver dealers will be regulated and very dangerous. Only good for person to person trading
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  • Posted by term2 3 years, 2 months ago
    Our freedoms are being chipped away one by one. As to having money in a bank, its just NOT safe. Government has been able through the IRS to simply seize your accounts, so this is nothing new. You just wake up one morning and your money is gone. I would recommend the bank of teh back yard if you really want safety. Dig a hole and put your safety stock of money where only you know the location.
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  • Posted by $ blarman 3 years, 2 months ago in reply to this comment.
    Buyer beware. Most aren't to own physical gold, they are merely a claim ticket among hundreds of others and utterly worthless. Do your homework well here and make sure you are buying the actual thing - not paper.
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  • Posted by $ blarman 3 years, 2 months ago in reply to this comment.
    Some estimates have silver at about 1/4 of its real value, being artificially suppressed. We buy a little more every year as a hedge against the future.
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  • Posted by 3 years, 2 months ago in reply to this comment.
    Forms that have been recognized for decades as reliable, and manufactured decades ago in small enough pieces to be more useful in trade.
    If they aren't obviously genuine some will want to take steep discounts in value.
    Those with collectible premiums won't be as useful in trade, but will still have value in very long term.
    Or you could buy a great stereo preamp from us and sit back to enjoy the music "while Rome(DC) burns." (shameless promotion ;^)
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  • Posted by mccannon01 3 years, 2 months ago in reply to this comment.
    I see lots of ads hawking silver and gold. Any suggestions on acquiring silver and what forms would be best if the SHTF?
    Reply | Permalink  
  • Posted by $ Markus_Katabri 3 years, 2 months ago
    Remember folks....the less paper between you and the metal the better.
    If you can’t put your hands on it in 15mins......it’s not really yours.
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