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OPINIONS ON RECENT ANTI-SECRECY LAWS
David HARDESTY's excellent, detailed explanation of the new USA Patriot law and its likely impact on offshore banking and financial secrecy.More on this story here.
A convicted money laundering lawyer says the new anti-terrorist cash law won't work; Prudential Financial's head of corporate anti-money laundering compliance says the new law won't stop international terrorism, but it will "scare the hell out of tax evaders."More on this story here.
Barry SPITZ explains why he thinks new anti-secrecy restrictions will change private banking emphasis from secrecy to investment.More on this story here.
John PUGSLEY, comments on the nature of the world 'anti-terror war' and its sad implications.More on this story here.
SWISS SECRECY STAYS
The Swiss economy minister suggests a withholding tax on foreigners' earned interest is better than violating financial privacy.More on this story here.
STOCK BROKER, SECURITIES FIRMS CRACK DOWN
US securities firms have almost no anti-money laundering controls; that's about to hange drastically. Customers now will be subjected to extensive personal background and financial checks.More on this story here and here.
HON. RON PAUL CONDEMNS “FIAT MONEY”
WASHINGTON. The congressman from Texas explains one of the root causes of the current recession and what should be done about it.More on this story here.
FINANCIAL ACTION TASK FORCE
Addressing the new FATF guidelines adopted last week in an emergency meeting, Daniel MITCHELL of the Heritage Foundation asks: "Is this going to work, or are we simply putting a heavy burden on the financial service industry and undermining law abiding people's privacy?"More on this story here.
The Financial Times thinks strict privacy-detroying "know your customer" policies are the answer to terrorist cash.More on this story here.
And the US government adds all major terror groups to its dirty cash hit list.More on this story here.
BIG BROTHER IS WATCHING YOU
A chilling, new Cato Institute report: Systematic Federal Surveillance of Americans.More on this story here.
ONLINE PRIVACY PRIMER
PC Magazine's current series of articles on computer and online privacy.More on this story here.
Of special interest, "9 Steps to Privacy."More on this story here.
Civil liberties groups denounce new face recognition scanners as ineffective and needlessly intrusive.More on this story here.
CUSTOMS MAIL SEARCH
A pending US Congress ill, H.R. 3129,(Sec 144) would let US Customs agents search outbound mail for unreported monetary instruments.More on this story here.
STEALTH LAW MAY ALLOW U.S. ID CARDS
The new anti-terror law provision may lead to a national ID card.More on this story here and here and here.
SECRET U.S. COURT GETS NEW POWERS
Secret meetings, secret decisions, secret searches.More on this story here.
SWISS ECONOMIC POLICIES QUESTIONED
Ron HOLLAND marshals history and facts, asking: "Has Switzerland Sold Out to Washington, London & Wall Street?"More on this story here.
TAX HAVEN ICELAND?
REYKJAVIK, Iceland. This northern most nation lays official plans to become a world class offshore tax haven.More on this story here and here.
COMING ANARCHY? RICH vs. POOR
A new book claims "the end of the cold war merely set the parameters for the next struggle for survival".More on this story here.
HOW DO ISLAMIC “HAWALAS” OPERATE?
Exactly what goes on in the money transfer systems subjected to US police raids?. A graphic & article that explains.More on this story here and here.
NEW U.S. ANTI-TERROR LAW
Two views of what that new USA PATRIOT law means,More on this story here and here.
U.S. VIOLATES RIGHT TO ATTORNEY-CLIENT PRIVILEGE
On an 'emergency' basis, the US government will listen in on all talk between detained federal suspects and their lawyers.More on this story here.
E.U. WANTS MORE SNOOP POWERS
The European Union wants power for secret surveillance of e-mails, Internet and phone usage without a warrant.More on this story here.
IGNORING E.U., IRELAND PROSPERS
The Irish economy is the best in Europe because they refused to kowtow to EU orders, says Prime Minister Bertie Ahern.More on this story here.
U.S. LIKES SOME TERRORISTS MORE THAN OTHERS
Lebanese bankers say the US is unlikely to press its request for the freezing of assets held by Hizbollah, the Shia Muslim group.More on this story here.
SOFTWARE WONT SPOT TERROR CASH
The makers of anti-money laundering software used in 75 major banks admit their programs cannot find terrorist cash.More on this story here.
UNITED KINGDOM, HOME OF DIRTY CASH
LONDON. At last the sanctimonious UK begins to admit it may be the money laundering capital of the world.More on this story here.
BRITISH LABOUR CREATES POLICE STATE
LONDON. Tony Blair declares a “public emergency”, suspends human rights, will hold suspects indefinitely without charges. Minister says concerns about liberty are "airy, fairy."More on this story here and here and here.
CANADIAN LAWYERS CHALLENGE “HITLER LAW”
VANCOUVER. Canada's 81,000 lawyers should not be government informers, so leading attorneys sue to block a law that does just that.More on this story here.
U.S. SNOOPS WANT HIGH TECH SPYING
WASHINGTON. A government wish list of techno-goodies to spy on you.More on this story here.
SWISS FREEZER BURN
CULLY, Switzerland. Freezing assets here is easy. Thawing out assets is an entirely different story.More on this story here.
LEICHTENSTEIN SQUEAKY CLEAN
This once secretive principality wants to world to know it is now clean.More on this story here.
FREE OR NOT FREE?
HONG KONG is found to be the freest economy in the world for the 8th straight year.More on this story here and here.
But HK also boosts its power to seize cash and assets.More on this story here.
SUPER POWER E.U.
The head of the EU wants it to be a super power, but not everyone agrees.More on this story here and here and here.
And the EU wants total eavesdropping power over the Internet.More on this story here.
GERMAN FINANCIAL CRIMES SOAR
There has been a huge increase in suspected money laundering and tax evasion cases reported since the Sept. 11th terrorist attacks.More on this story here.
GOLD IN THE NEWS
Sales of gold as an investment soared 400% after the Sept. 11 terrorist attacks.More on this story here and here.
And a multi-billion dollar merger is about to create the world's number one gold mining company.More on this story here.
TERRORIST DEFINITION EXPANDS
New US anti-terrorist laws can be used for routine criminal investigations unrelated to terrorism.More on this story here.
The Bush administration ignores lawmakers as it makes its own laws.More on this story here.
MILITARY TAKES OVER COURTS
Bush orders military tribunals to replace US courts.More on this story here.
BLAIR THE ARROGANT CONTROL FREAK
LONDON. Labour's darling is turning the UK into a police state.More on this story here and here.
And Amnesty International denounces UK threats to freedom.More on this story here.
O.E.C.D. ANTI-TAX HAVEN THREAT CONTINUES
Last Friday we reported the OECD has again put off its phony sanctions deadline aimed at tax havens.More on this story here.
The Heritage Foundation's Daniel MITCHELL explains why the OECD's deadline extension definitely does not mean anyone can relax.More on this story here.
I.R.S. REGS COULD RUIN U.S. ECONOMY
Dan Mitchell exposes the real threat of IRS regulations that would drive foreign investors from America.More on this story here.
U.S. COURT ORDERS OFFSHORE TRUST TO PAY UP
A federal bankruptcy judge orders a Bahamas trust to repatriate funds.More on this story here.
SWISS EXPLAIN TAX FRAUD POWERS
The top Swiss banker defends his nation against tax evasion charges, reaffirms bank and financial secrecy, pledges cooperation with US.More on this story here.
ICELAND MIRACLE CURE
REYKJAVIK. A 10-year turnaround brought domestic prosperity. Now Iceland plans a new offshore financial and privacy haven.More on this story here.
U.S. DIRTY CASH TASK FORCE QUESTIONED
Experts agree the new US dirty cash police task force is unlikely to succeed, except in destroying financial privacy.More on this story here.
And the sanctimonious United States is estimated to be home to 46% of all world banking and financial crimes.More on this story here.
TONGA’S TINKER TOY TREASURY
Dave BARRY exposes a little noted offshore scandal.More on this story here.
THE COMING DEFLATION?
US industry's recession is the longest since the Great Depression of the 1930s, and the new worry is deflation.More on this story here.
GOLD IN THOSE MERGERS
Experts suggest new corporate combinations of gold mining companies could result in a major upturn in the price of gold.More on this story here.
CLEAN CAUGHT IN DIRTY CASH NET
LIMASSOL, Cyprus. A legitimate financial reporter is caught up by nervous world money laundering laws, US and otherwise.More on this story here.
FORBES “BEST OF THE WEB”
Investing, travel, finances, all worth a look, Forbes magazine's updated "Best of the Web" site lists.More on this story here.
LIBERTY DIMINISHED, BUT FEW CARE
Across Europe, in the UK and the US the anti-terror excuse is used to give police vast new powers and destroy liberty. But does anyone care?More on this story here.
PURSUIT OF HAPPINESS?
Why does the United States elicit such extreme hatred in some parts of the world? Is it the American “pursuit of happiness”?More on this story here.
RONALD REAGAN ON TERRORISM
Said he: "We must remember our heritage, who we are, what we are, and how this nation, this island of freedom, came into being."More on this story here.
U.S. NATIONAL I.D. CARD DEBATE
The anti-terror demand to "do something" fuels the idea of a national identification card for every US person.More on this story here.
But U.S. Rep. Ron PAUL (R-Tex) explains why this would be the ultimate insult to Americans and harm freedom and liberty.More on this story here.
DANGER IN U.S. MILITARY COURTS
The military accuses, tries, convicts and no appeal allowed.More on this story here.
HAVENS SEE O.E.C.D. AS HYPOCRITES
Haven nations say OECD still is dictatorial and high handed.More on this story here.
MUST READ ON SWISS BANKING & SECRECY
A new Financial Times survey gives an excellent analysis of where the Swiss banking and financial services industry stands today.More on this story here.
SECRET WEAPON: SWISS FIDUCIARY DEPOSITS
They offer foreign clients anonymity and no taxes, attracting the wealthy who may want to evade taxes in their own countries.More on this story here.
JEALOUSY OF RICH IS WRONG
A top HONG KONG official decries envy of the rich, says free market spreads wealth to all.More on this story here.
RADICAL NEW U.S. ANTI-MONEY LAUNDERING LAW
An excellent survey of radical new US banking and anti-money laundering laws and the costs in liberty.More on this story here.
U.S. SECURITIES DEALERS AS POLICE INFORMANTS
Stock brokers soon must rat on 'suspicious' clients.More on this story here.
IMPOSSIBILITY OF BLOCKING DIRTY CASH
Politicians pass laws, then reality bites.More on this story here.
U.S. ASSET FREEZE LIST
A list in pdf file form of those caught in the US terror asset freeze.More on this story here.
PURSUE OIL OR BIN LADEN?
Has the US gone easy on Arab terrorists because of petroleum needs?More on this story here and here.
U.S. COURTS HIT TAX PROTESTERS
So-called “tax protesters” are getting the shaft from U.S. courts.More on this story here.
ECONOMISTS & CENTRAL BANKERS LIE
They cannot see into the future, no matter what they claim.More on this story here.
U.S. BUSINESS DEPUTIZED BY TERROR POLICE
The Bush anti-terrorist law forces business to spy on customers.More on this story here.
And the new law also enormously increases police powers.More on this story here.
FUNDAMENTAL FREEDOMS LOST
Sweeping powers demanded by the US and UK governments.More on this story here.
AMERICAN POLICE STATE
Is the American police state already in place?More on this story here.
THE ANTI-TERROR EXCUSE
New technologies can destroy human privacy and government exploits this situation under cover of anti-terrorism.More on this story here.
Are terrorism and war making President Bush a virtual dictator?More on this story here.
The President defends his order creating military tribunals.More on this story here.
But is it a radical curb on constitutional rights?More on this story here.
IDENTITY THEFT TEST
Worried about identity theft? Try taking these precautions.More on this story here.
LATVIAN TAX CUTS
RIGA. To attract offshore business, business taxes cut to the bone.More on this story here.
GUERNSEY's unusual history and continued success,More on this story here.
SOUTH KOREA PLANS OFFSHORE HAVEN
It claims it will be another Hong Kong, with tax breaks.More on this story here.
AUSTRALIA WANTS MORE PEOPLE
But no more immigration. How does that work?More on this story here and here.
GOLD ON THE WAY UP?
Having called the top of the gold market 22 years ago, a gold bug thinks he has found the bottom.More on this story here.
POST 9-11 ASSET ALLOCATION
After US terror attacks, here's how to allocate your assets.More on this story here.
U.S. ESTATE TAX CHANGES UPSET SWISS
It may threaten Switzerland’s banking secrecy and could mean trouble for Swiss banks with wealthy clients.More on this story here.
U.S. HITS TAX EVASION
IRS lawyer convicted of tax evasion, tax advisors arrested in tax scams.More on this story here and here.
OFFSHORE PRICING SAVES U.S. BUSINESS TAXES
$45 billion last year saved with offshore affiliates.More on this story here.
ANTI-TERROR LAW IMPACTS BUSINESS
Privacy issues for companies, workers, customers.More on this story here.
ECHELON’S ORBITING BIG BROTHER
Earth orbiting listening posts are on active duty in the war on terrorism and they could be watching you too.More on this story here.
F.B.I. SECRETLY HACKS COMPUTERS
FBI software will secretly be installed over the Internet as a trojan horse to record every keystroke on your computer.More on this story here and here.
POST 9-11 IT IS A NEW WORLD OUT THERE
A new international order may not have emerged after Sept. 11, but the outlines of a new world are emerging.More on this story here.
U.S. BANK SPY SYSTEM QUESTIONED
WASHINGTON. Civil liberties and privacy concerns raised about a possible government-banks data spy system.More on this story here and here.
“TAX HARMONY” DRIVE HURTS U.S.A.
Heritage Foundation's Dan MITCHELL explains why the OECD's 'tax harmonization' drive threatens the US economy.More on this story here and here.
ANTI-MONEY LAUNDERING FOLLIES
Fighting dirty cash gets headlines but few victories.More on this story here.
U.S. SEXUAL SUPER POWER
The U.S. is the sexual super power of the world. Greeks second.More on this story here.
THIS IS AMERICA?
Harry BROWNE, former US presidential candidate, asks what is happening to America.More on this story here.
U.S. NOW SPYING ON INTERNET USERS
Police already are using new anti-terrorism powers to monitor cable modem users without obtaining a search warrant.More on this story here.
SOFTWARE MAY HELP FEDS SPY
A leading US software maker is accused of helping feds snoop.More on this story here and here.
CANADA RAMS THROUGH POLICE STATE
OTTAWA. Canadian government smothers debate on terror bill.More on this story here.
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