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Will Israel be the World's First ‘No Cash’ Society?
INN ^ | 9/17/2013, 9:38 PM | David Lev

Posted on 09/17/2013 2:23:47 PM PDT by Olog-hai

The government on Tuesday authorized establishment of a committee that will examine ways to eliminate cash from the Israeli economy—the better to prevent citizens from cheating on their taxes. The committee will be chaired by Harel Locker, director of the Prime Minister’s Office.

Cash is easily passed from individual to individual, and transactions using cash can take place without the tax man’s supervision. Not so electronic transactions; with modern computers, banks can keep tabs on how much people deposit into their accounts and how much they withdraw, while credit card companies have an up-to-the-second record of how much people spend. …

(Excerpt) Read more at israelnationalnews.com ...


TOPICS: Business/Economy; Government; Israel; News/Current Events
KEYWORDS: 666; biggovernment; cashlesssociety; creditcards; etransactions; surveillancestate; taxfraud
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1 posted on 09/17/2013 2:23:47 PM PDT by Olog-hai
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To: Olog-hai

Gold & Silver just got a lot more valuable in Israel


2 posted on 09/17/2013 2:25:59 PM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: Olog-hai

3 posted on 09/17/2013 2:26:16 PM PDT by 2ndDivisionVet (I aim to raise a million plus for Gov. Palin. What'll you do?.)
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To: Olog-hai

This is hysterical. I worked for an Israeli company. According to the employees the Israeli medical system ran on bribes. “Oh, the free stuff is wonderful, but if you want it now, then you have to pay money under the table.”


4 posted on 09/17/2013 2:26:18 PM PDT by Gen.Blather
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To: Olog-hai

And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, 17and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name. 18Here is wisdom. Let him who has understanding calculate the number of the beast, for the number is that of a man; and his number is six hundred and sixty-six.

Tick tock, coming to your neighborhood soon.

I do not have a credit card of any type, not even for gas.


5 posted on 09/17/2013 2:28:41 PM PDT by seeker41 (take your country back by whatever means necessary)
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To: Gen.Blather

Really funny.
These guys are going to tell JEWS that
“ I’m sorry, you can’t get it cheaper for cash.”
Bwhahahahah.
Hell, if it wasn’t for the cash economy this world
would be dead.


6 posted on 09/17/2013 2:29:47 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Olog-hai
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

I'm not generally superstitious, but the whole thing is spooky.

7 posted on 09/17/2013 2:30:02 PM PDT by Mr Ramsbotham (I'll retire to Bedlam.)
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To: Olog-hai

Politicians are the same the world over, no matter what the political system or type of governance.


8 posted on 09/17/2013 2:30:21 PM PDT by Iron Munro (When a killer screams 'Allahu Akbar' you donÂ’t need to be mystified about a motive.)
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To: Olog-hai

“Observers said that it was hard to imagine the government succeeding in this effort. “A move like this could really weaken the economy,” said one observer. “The only thing declaring cash obsolete will do is to encourage people to use dollars or other foreign currency for financial transactions. Unless the government plans on making it illegal to hold foreign currency, there is no way to get rid of cash and the problems that go along with it.”


9 posted on 09/17/2013 2:34:17 PM PDT by Rennes Templar (Seen any scandal headlines lately?)
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To: Olog-hai

No, we will. I have no cash already...................


10 posted on 09/17/2013 2:34:30 PM PDT by Red Badger (It is dangerous to be right in matters where established men are wrong. .....Voltaire)
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To: Iron Munro

If that were true, then neither the state of Israel nor the United States of America would ever have been established.


11 posted on 09/17/2013 2:35:27 PM PDT by Olog-hai
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To: Olog-hai

H

Yuck!


12 posted on 09/17/2013 2:37:02 PM PDT by faithhopecharity (Er)
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To: tet68

I remember reading that there were clay tablets found all over the Middle East for centuries. You could find them along any road you walked on. The cuneiform writing on them was unknown until some smart guy deciphered them in the 1800’s. They were tax records................


13 posted on 09/17/2013 2:37:21 PM PDT by Red Badger (It is dangerous to be right in matters where established men are wrong. .....Voltaire)
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To: Olog-hai

I thought Norway or Sweden already have.


14 posted on 09/17/2013 2:38:04 PM PDT by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral)
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To: seeker41

Already in this country having a large sum of cash is reason for suspicion of drug deals and can be confiscated.


15 posted on 09/17/2013 2:40:05 PM PDT by Rusty0604
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To: bamahead

ping


16 posted on 09/17/2013 2:41:54 PM PDT by Rusty0604
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To: Mr Ramsbotham
...but the whole thing is spooky.

Spooky? I could not help but read your post and think... How freakin' amazing ...

17 posted on 09/17/2013 2:43:29 PM PDT by EBH
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To: Rusty0604

Who says I have large sums of anything, particulary money since I am currently unemployed. Believe me I would raise no suspicion with anyone at this point ...


18 posted on 09/17/2013 2:43:58 PM PDT by seeker41 (take your country back by whatever means necessary)
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To: Mr Ramsbotham

It’s not superstition. It is biblical prophecy.


19 posted on 09/17/2013 2:44:47 PM PDT by Blood of Tyrants (From time to time the tree of liberty must be watered with the blood of tyrants and patriots.)
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To: qam1

Cash from other countries such as the Euro and US dollar will be used in cash transactions.


20 posted on 09/17/2013 2:45:26 PM PDT by Blood of Tyrants (From time to time the tree of liberty must be watered with the blood of tyrants and patriots.)
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