Tag Archives: The death of money

Now it Can be Crime to Carry Your Own Money!

I was out of the country last week and when I returned, I had to go through customs to get back in. That is a big hassle and a lot of waiting in line. Of course, there are signs all over with warnings and threats about being fined and jailed. Believe me, getting into a foreign country was much easier than getting back in even with my passport.

One sign in particular disturbed me. It basically said that if you were carrying more than $10,000 in cash or cash equivalents, you had to declare it or they could take your money and throw you in jail.

Now in 2014, civil asset forfeitures totaled 4.5 billion dollars while reported burglaries only totaled 3.5 billion dollars. In case you don’t know, civil asset forfeiture is when a person wearing a badge and a gun just takes your money or other property, often without charging you with a crime.

So this sign is telling me that if I am carrying $12,000 of my own money, I have to report it to the biggest thief in the country or I am the criminal. Does something seem a little messed up with this picture?

There are many legal reasons for people to carry large amounts of cash. They might be in the diamond buying business, they might be wanting to pay cash for a car or other asset, or they might just like to carry large amounts of cash for other personal reasons.

You can’t tell me this is a free country anymore when you can become a criminal just by carrying the money around that you earned and is rightfully yours. I think the real thieves have taken over and we are just here for them to steal from.

This is the kind of behavior you can expect from a bankrupt government. Things will continue to deteriorate until people look around and decide they can’t live here anymore. By then it will probably be too late for most of them and they won’t be able to get out.

The Emperor has No Clothes!

There is a popular fairy tale where an Emperor hires a couple of tailors to make him a very special suit of clothes. The tailors claim that the clothes cannot be seenTHe Harbinger by anyone who is unfit for his position or is stupid or incompetent. Finally, as he parades in front of his subjects, a little girls exclaims, “The Emperor has no clothes!”

I think we are at the same position in our country. No one wants to admit it, but we are completely broke as a nation and no man can fix it. I don’t think anyone is even trying to fix it.

The problem is that the Democrats want to spend more money on social programs and the Republicans want to spend more money on the military. The truth is, we can’t afford either, but their solution is to try to fund both!

No one who admits what our real problem is and plans to try to fix it can get elected. Ron Paul and Rand to a lessor extent were the only one’s to admit what the problem was and they couldn’t get elected.

If someone does try to call attention to the problem, they are labeled as crazy or radical. As a nation, we are hooked on debt and no one wants to even try to get free of this addiction.

If we were from a different planet and were unattached to the outcome, I think most of us would admit that this system is unsustainable and is going to crash. Most people are so emotionally attached to our lives in this country that we cannot admit to what is so obvious.

The truth is, the addiction to debt will kill us as a nation as we know it today. The very best outcome is a drastic reduction in living standards and loss of freedoms. I fear it could be worse than that.

There are very few people saying the Emperor has no clothes and hardly anyone is listening to them. I am not afraid to admit that the Emperor has no clothes, I just wonder if anyone will listen.