Free Republic

In Part 1, I introduced you to GS1. A United Nations sanctioned not for profit organization with an intent to tag every thing with RFID technology. In this article I will expand on GS1, as well as introduce you to pilot projects, organizations, and people working to implement this agenda. This article will give readers a introduction to the cashless society, as well as the groups and people behind it...... ....a brief review of some history is necessary. Many reading this will be familiar with the Earth Charter. This document more than any other helped lay the foundation of the...

Tehran seeks to completely overhaul, revamp military might to counter U.S.! Iran is using the billions in cash resources provided under the landmark nuclear deal to engage in an unprecedented military buildup meant to transform the Islamic Republic's fighting force into an "offensive" juggernaut, according to a largely unreported announcement by Iranian military leaders that has sparked concern among U.S. national security insiders and sources on Capitol Hill. Iranian officials announced late last month that Iran's defense budget had increased by 145 percent under President Hassan Rouhani and that the military is moving forward with a massive restructuring effort aimed...

I. INTRODUCTION 1. De-cashing is defined as the gradual phasing out of currency from circulation and its replacement with convertible deposits. This initiative does not in any way target the abolition of money as an institution, but is, rather, a sweeping reduction of the role of currency, its cash component, in favor of transferrable deposits, its non-cash component. The monetary authorities in many countries have already taken steps towards de-cashing. These steps include abolishing large denomination bills, imposing ceilings on cash transactions, introducing declaration requirements on the carriage of cash in and out of the country, reporting requirements for cash...

In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. U.S. President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the Indian ministry of finance to push back the use of cash in favor of digital payments in India...

U.S. Immigration and Customs Enforcement says it possesses a “limited amount” of 9mm bullets for agents in the field as well as for training purposes, and it is rationing its ammunition based on internal requests until it can award a new contract. [ ] The apparent role poor planning, or another agenda, played in the issue came to light when ICE said it would have run out of 9mm ammo by June 2017 in the absence of a modified contract with its supplier, Vista Outdoor Inc. So, the agency last month approved a $363,307 ceiling increase to contract No. HSCEMS-11-D-00002....

HELENA, Mont. (AP) - A budget analysis shows the work that the Montana Legislature has done so far this session would leave the state in the black financially but with about half the cash reserves that Gov. Steve Bullock wants. The preliminary analysis released Wednesday shows budget subcommittees cutting $46 million more in general fund spending than the governor’s budget proposal. The state would have $159 million in reserves in 2019, compared with the $300 million cushion Bullock is seeking.

World leaders and economists are pushing harder than ever toward a cashless society. With anti-cash measures already being tested in Europe and the Third World, itÂ’s only a matter of time until the global elite push for the same in the U.S. Will globalistsÂ’ dream of a cashless society soon become reality? Plotting in Switzerland Last month, members of the World Economic Forum, more commonly known as the Davos Elite, met for their annual gathering in Switzerland, and the pursuit of a global cashless society was a major topic on their agenda. Nobel Prize-winning economist Joseph Stiglitz, a key member...

Joseph Stiglitz, Nobel Prize-winning economist, thinks so. Phasing out currency and moving towards a digital economy would, over the long term, have “benefits that outweigh the cost,” the Columbia University professor said on day one of the World Economic Forum's Annual Meeting in Davos… “I believe very strongly that countries like the United States could and should move to a digital currency,” he said, “so that you would have the ability to trace this kind of corruption. There are important issues of privacy, cyber-security, but it would certainly have big advantages.” https://www.weforum.org/agenda/2017/01/the-us-should-get-rid-of-cash-and-become-a-digital-economy-says-this-nobel-laureate-economist

In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington's role has been disguised only very superficially. weiterlesen US-President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. China needs to be reined in. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the...

The European Commission proposed tightening controls on cash and precious metals transfers from outside the EU on Wednesday, in a bid to shut down one route for funding of militant attacks on the continent. The move follows Monday's attack on a Christmas market in Berlin, where 12 people were killed as a truck ploughed into a crowd. It is part of an EU "action plan against terrorist financing" unveiled after the bombings and shootings in Paris in November 2015. Under the new proposals, customs officials in European Union states can step up checks on cash and prepaid payment cards sent...

CARACAS— Venezuelans are rushing to the banks this week in a desperate attempt to protect their savings from the government’s latest spasm of reckless financial policymaking. On Tuesday morning thousands of people across Venezuela played hooky from work to line-up outside banks and deposit bundles of cash into their savings accounts after the government gave everyone a 72-hour countdown to turn in all their 100 bolivar notes before they’re removed from circulation. “I’ve been saving for so long, withdrawing money every week and for what? Nothing!” complained José Orozco, who was holding a backpack full of money as he stood...

•Scandinavia is about to close its last mint. •While conspiracy theorists fret about privacy, the real story may be rates. •What would you do if cash disappeared tomorrow? Fridays can be tedious when it comes to ferreting out interesting stories. I found an interesting piece on Bloomberg about Scandinavia's transition to a cashless society. By way of introduction, note that interest rates are negative in Sweden and Denmark and barely positive in Norway. I'll come back to that. So Bloomberg chronicles the rapid disappearance of cash in the region, noting that "by the end of this month, Scandinavia's last mint...

As physical currency around the world is increasingly phased out, the era where “cash is king” seems to be coming to an end. Countries like India and South Korea have chosen to limit access to physical money by law, and others are beginning to test digital blockchains for their central banks. The war on cash isn’t going to be waged overnight, and showdowns will continue in any country where citizens turn to alternatives like precious metals or decentralized cryptocurrencies. Although this transition may feel like a natural progression into the digital age, the real motivation to go cashless is downright...

Tyler DurdenNovember 19, 2016 India's 'de-monetization' scheme has caused chaos across the nation, and while SocGen says the government's plan may have some short-term success in curbing so-called 'black-money', investors should "brace for economic disruption" as Bloomberg reports the Indian government is considering a cap on cash holdings for individuals. As SocGen concludes, "people will now be more inclined to park their black income in gold rather than in currency." The daily images of utter chaos in India that has brought the conutry's economy to a standstill since they unleashed their war on cash... Are perhaps about to get worse,...

In July 2016, Australian payments firm Tyro published an enormously self-serving blog post touting the benefits of a cashless society and saying, “it’s only a matter of time.” Most notably, two days ago, Citibank (yes, THAT Citibank) announced that it was going cashless at some of its Australian branches.The media and political establishments have chimed in as well.In February of this year, the Sydney Morning Herald released a series of articles, some of which were written by officials from Australia’s Department of the Treasury, suggesting that eliminating cash will “save billions”, and that “moving to a cashless society is the...

A tax plan from President-elect Donald Trump could solve one of the biggest problems facing the Bay Area’s tech industry: billions in cash parked overseas, with foreign governments itching to get their hands on it.

Currency notes of Rs 500 and Rs 1,000 won’t be valid from midnight, PM Narendra Modi says in an address to the nation. “Currency notes of Rs 1000 and Rs 500 will be just paper with no value,” the PM says. Modi says the citizens’ money will be safe as they can deposit the notes in the bank before December 30, 2016. “People can deposit notes of Rs 1,000 and Rs 500 in their banks from November 10 till December 30, 2016,” says PM. All other coins and notes to be continued.

A controversial Danish law allowing authorities to seize cash and valuables from asylum-seekers has been used on a handful of occasions since coming into force in February, Danish police said on Thursday. A total of 117,600 kroner (€15,805, $17,525), all of it in cash, had been confiscated, Danish police told AFP in an email. […] The law was first used on June 30th, when five Iranians had to hand over a total of 79,600 kroner, police said. It was used a second time on July 14th, when an Iranian family of four had to pay 10,300 kroner, and again on...

Scandal: Hillary Clinton must be glad the election is only 11 days away, because every day we learn more about the depth of sleaze and corruption of the Clinton Foundation. The Foundation has been under suspicion for more than a year for being a "pay to play" operation while Hillary was Secretary of State, in which governments and big wigs gave money to the Clinton's charity in exchange for access or favors from the State Department. One of the defenses mounted against such criticisms is that the Clinton's never personally benefitted from the Clinton Foundation. "They get no money from...

According to eyewitness reports ISIS sex slaves are reportedly being sold in Saudi Arabia. Jihad Watch reported: It isn’t news that the Islamic State has long been abusing and trafficking sex slaves – especially Yazidi girls – but it has been now discovered that the sex slaves of IS are being “sold in horrifying auctions to UK ally Saudi Arabia.” An eyewitness reported: Dozens of women were being held in a large room, and it was not only Iraqis and Syrians trading women but also Saudis and Westerners, whose actual nationality was not clear. Western women have also been reported...