213 Comments

by the way Pat Robinson wrote on July 4th that the definition of a statesman according to Bloom County: is a dead Politian. They become Statesmen after death. I have a list on both sides of the aisle who qualify.

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Where is Ross Perot when we need him? We need a third political party that the other parties need to make a deal or pass legislation. This group of men seem to be gutless. Step up and make the hard decisions. Get rid of all those lobbyists. Too many special interest people out there selling us down the river.

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Farage is an unattractive client. Irrelevant revenue (not private banking wealth level) and likely significant compliance costs. Plus some legitimate source of wealth questions. As a bank, why bother? Of course he sees conspiracy as it’s newsworthy.

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I have already experienced some of this banking blackmail. In my case I tried to apply for a home loan to finish my backyard. My credit score is WELL over 800, I have no debt. I always pay my bills on time I own my home free and clear, I own my automobiles, free and clear, as well as nice airplane, and my property taxes are paid in full, right on time every year. As a retiree, my income is greater than $30,000 a month! I have plenty of solar panels so I don’t pay more than $25 per month to run my whole house and charge my tesla every evening at home. I harvest all my own rain water and haven’t had a water bill in 17 years. Yet with accounts at four major banks, not one would loan me any money to refinish my backyard. My financials are impeccable! All I was asking for was $60,000. And I have since removed $15 million dollars from all of those banking institutions. I wrote scathing letters to their boards, and the branch managers that I had dealt with at each bank. I literally cussed them out with the best sailor language that I could use. Apparently, I don’t conform to the E.S.G. mandates, that the banks use as a qualifier to obtain a loan! I don’t contribute enough of my income to causes that they believe I should be required to contribute to. So I have gathered together all my friends and have put together a plan to extract dollar monies from any bank that complies with the E.S.G. Mandates. Chase, B of A, BMO, Wells Fargo, are some of the characters that will keep you from receiving funds. If you are a conservative, that does not support their E.S.G. programs. I’m kind of thinking that in some company guide this is all spelled out. Because all these banks I dealt with dragged out the whole process for as long as they could. They kept asking me for more documents that they really didn’t need to have one bank even lost my documents, and I had to send them in three times. This is banking corruption and its finest. Very likely to be RICO corruption.

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Yep, i agree, but I just don't think it is likely that they will confiscate our metals - the economy would have to be in a free fall or accelerate into some kind of hyper inflation. The question is: Would we be better off in a depression or a scenario with extreme inflation? I honestly do not know. But, I think inflation.

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Some news from Germany.

The independent journalist Boris Reitschuster, together with family members, is constantly denied accounts by the banks he's trying to work with. Same for the independent journalist Alexander Wallasch (and his web designer too, because "Thou shall not have business connections with critics of the government").

In the last days, the famous blogger Hadmut Danisch was informed about the closing of his account by Deutsche Bank. He explains today that he opened on Sunday afternoon an account with WISE (formely TransferWise - an online wire transfer service which allows easy transfer between different currencies), and got an e-mail *this very morning* that "due to violations of the terms of service" the account will be closed.

One can really speak of man-hunts organized against all people who express a non-conformist opinion, by means of interdiction of bank accounts, as you described often.

Put this together with the push for "Digital currencies", and you can really become afraid of the future.

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Bitcoin will help you escape the country's totalitarian regime and take (that part of) your wealth with you. So yeah, there is a way out versus no way out if you keep all your funds at a national bank... 🥴

The courageous attempts of people helping the Canadian truckers through other means had a flaw of traceability due to the reuse of the same bitcoin donation addresses... This was a logistical error (which could have been avoided!) with a direct link to whomever send funds from an exchange where one had to do kyc. So it was government regulation and open ledger traceability creating this unique and fatal issue for good willing donor's exchange accounts being frozen/closed.

Lesson: refuse kyc, get your coins off exchanges, hold your own keys, be your own bank and connect with bitcoiners understanding your situation. Never give up. You are not alone! DYOR

#bitcoin

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I was disappointed about the unnecessary half-researched fear-porn conclusion of the piece, it was going so well! but it got you a lot of likes this time, I guess...

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Shocking piece. The level of outright collusion among bankers to attack civil individuals is shocking. Where is Cromwell when you need one?

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Another example of drift towards totalitarianism is the confiscation of all Russian investments from American citizens accounts. The Biden administration defined itself as prosecuting attorney, judge, jury, and executioner. Notice was not even given... the securities simply vanished overnight. Not a hint of due process.

I can't help wondering who is in possession of the stolen securities. The federal government? Russian oligarchs? Goldman Sachs?

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Good comment. No wonder that the BRICS states (and all other states with commodities) are looking for other possibilities to store the gains from their business than US treasuries or UK properties.

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There is talk of a BRICS gold backed currency.

Throughout history, empires have gone to war to preserve their status.

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This nails it - “And therein lies the critical conundrum: alternative forms of money require a benign government to allow for their proliferation, but a benign government negates the need for alternative forms of money”

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Damn, what an unfortunate yet perfect piece for the 4th.

Thank you for making this one free for all, Green Chicken.

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Thank you for the lesson but I still struggle with network dependency… anyway I’ll try to increase my understanding. I’ll stick with hard assets for now.

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Gentlemen:

One begins to wonder why God is just watching. I hope he knows what he is doing. Perhaps, he is seeing the Politian's self destruct before all eyes. However, with all this extreme weather, we might be seeing his handiwork destroy the food supply. For 20 years, I have been wrong believing that the way to bring dictators to their knees: destroy their food supply with weather. I wonder, could we be seeing the beginning of the end. On the other hand, the innocent are also hurt massively. The rich will always be able to source. It is a puzzle. All the best to you and your families. JMB

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I am not a believer in gold but I may have to rethink the ownership of physical gold

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Norman:

Gold will work if your timing is right. If you research what happened in the Weimer Republic of Germany, you will see that you would have lost your shirt many times by buying wrong and selling wrong. It is very tricky. The safe way is to buy physical coins like American Eagles, which are quoted every day in the Wall Street Journal. If you trade, you can buy the etf "GLD", but you must trade. Luke Gromen of FFTT, LLC has a great discussion on this subject. U-tube have a number of his podcasts that are "Free". I recommend him as a world class strategist. Personally, I own junk silver, which I purchased on the futures market in Chicago and took delivery. And I do not store them in a bank. The government can always change the rules, which is what they are trying to do as elites.

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Hm hm ... as Doomberg says very often in his podcast interviews, "as a law-abiding citizen I would deliver all my gold if the gvt. decides to make possesion of it illegal".

I guess, the most valuable asset would be knowledge about the "skeletons in the closet" of the persons in power .:-) but on the other hand, this can be dangerous too :-) you may fall out of a window, or have another accident ... sorry for being cynical.

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No question about falling out of a window, I only hope it is a one story building. Sometimes the less you know the better, but we have our suspicious thoughts don't we? Interesting how many suicides are occurring all over the world. We have our wish lists.

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Lovely. Just one comment, you can only blacklist bitcoin wallets held at institutions or companies. No govt can blacklist a non-custodial wallet. It's not perfect, it doesn't solve this issue outright, but it deserves being presented accurately.

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Correct. However, during the time you would need it the most, it would fail the "medium of exchange" test of money.

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I agree it is not a medium of exchange today, maybe never will or maybe never wiIl for an extended period of time but, if it comes to happen that we need it the most, what would you need to see in it to make you change this perception? Asking because you make an effort to explain the problem and I fail to see a solution that is not hoping for govt to be good.

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Thanks for bringing some light to these dark times (even if it merely illuminates the nefarious forces with their hands on the dimmer switch). Keep up the great work, Doomberg!

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Thank you!

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