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CAYMAN BANKERS EMBRACE I.R.S. SCRUTINY
Got cash in a Cayman Island bank? If privacy is your thing, better move move it. The CI Bankers Assoc. wants you to know they "applaud" the new US-Cayman tax agreement that makes them offshore US tax collectors.More on this story here.
BELIZE BORDER CLASH AGAIN
This tax and asset haven continues to undermine its credibility with lethal border clashes with neighboring Guatemala.More on this story here.
WHEN IN ROMANIA
Doug Casey says investment potential in ROMANIA is overlooked and therein lies opportunity.More on this story here.
OECD LAUNCHES ANTI-CORPORATE PLAN
Aimed at jurisdictions that specialize in corporate formation (Panama, British Virgin Islands, Delaware, Nevada), the OECD wants worldwide regulations to control alleged criminal use of business.More on this story here.
U.S. SENATE CONSISTENCY?
Hopefully a precedent, the US Senate votes against giving states authority to create an OECD-like tax cartel to tax transactions outside their borders.More on this story here.
HIGH TAX EUROPE STIFLES GROWTH, JOBS
E.U. bureaucrats themselves admit EU growth is thwarted by member states high taxes, except in low-tax Ireland and Luxembourg.More on this story here.
EURO MEANS BIG CHANGE
Europe faces major changes on Jan. 1st with the euro launch.More on this story here.
E.U. EXPANDS ANTI-DIRTY CASH RULES
Proceeds of any crime ware targeted by new money laundering rules.More on this story here.
U.K. SUPER AGENCY PROMISES TEETH
LONDON. One big bureaucracy will rule over finances.More on this story here.
I.R.S. WANTS WELL-ARMED ACCOUNTANTS
IRS Criminal Investigation unit hires accountants with guns.More on this story here.
R.I.P. GEORGE HARRISON
The “quiet Beatle” who died last week left us his famous song “Taxman” as a pop reminder of grasping government.More on this story here.
NEW LAW MAKES U.S. WORLD COMPUTER POLICE
The US Justice Dept. may try to be world cyber police.More on this story here.
U.S. CUSTOMS DATA BASES TRACKS EVERYTHING
Now touted as an anti-terror system, the US Customs data base and is being used to track Americans movement and business.More on this story here.
FREEDOM EXCHANGED FOR SECURITY?
Commenting on anti-terrorism laws, US Rep. Ron Paul (R-Texas) says Americans must not surrender freedom in a false exchange for security.More on this story here.
CANADA ANTI-TERROR BILL SHREDS LIBERTIES
Rammed through Parliament, Canadian liberties rapidly are being destroyed by the 'Liberal' government steamroller.More on this story here.
BRITISH LABOUR PRAISES CARIBBEAN CAPITULATION
LONDON. On the heels of the Cayman-IRS information exchange accord the UK Foreign Office praises those obedient little colonials.More on this story here.
TWO MAJOR IRISH BANKS TO REVEAL OFFSHORE INFO
Allied Irish Bank and the Bank of Ireland say they'll reveal offshore accounts.More on this story here.
BIG FIVE ACCOUNTANTS UNBELIEVABLE
The Enron bankruptcy again lays bare the Big Five accounting firms flaws and conflicts as investor confidence is badly bruised.More on this story here and here.
E.U.’s BROAD TERROR DEFINITION
BRUSSELS. Lawyers denounce overly broad EU definition of terrorism.More on this story here.
E.U. PUSHES RADICAL ANTI-TERROR LAWS
Is the European Union becoming a police state?More on this story here.
OXYMORON: GOVERNMENT PRIVACY
The Cato Institute explains how the US government does not protect your privacy.More on this story here.
GOOD HAVEN, BAD HAVEN, LOTS OF CONFUSION!
A JERSEY observer asks: "Are we seeing the first signs of a split of tax havens into two camps; the hard core non-cooperative and the compliant?"More on this story here.
CATO VIEWS THE BUSH ANTI-MONEY LAUNDERING LAW
Constitutional law expert Roger Pilon tells it like it is.More on this story here.
CARIBBEAN CONFERENCE CHEERS MITCHELL
MIAMI. Dan Mitchell of the Heritage Foundation is cheered when he tells a Caribbean meeting: "The OECD just wants to turn low tax nations into fiscal colonies to support their uncompetitive welfare states."More on this story here.
ANTIGUA SIGNS U.S. TAX TREATY
Another nation agrees to share tax information with the US IRS.More on this story here and here.
RETURN OF THE U.S. EXPATS
American expatriates returning home from abroad face problems.More on this story here.
GOLD STOCKS SOAR
A gold specialist notes gold stocks soar while gold doesn't.More on this story here.
WALK FOR CAPITALISM
The Libertarian project is a world success.More on this story here.
MORE ABOUT BANK SPY SOFTWARE
Newsweek discovers what we've known for years; banks are spies.More on this story here.
NATIONAL I.D. CARDS MEAN GOVERNMENT CONTROL
An eye-opening survey of the implications of a US national ID card.More on this story here.
U.K. HOUSE OF LORDS DEFENDS LIBERTY
LONDON. The British House of Lords repeatedly defeats Tony Blair's so-called anti-terror bill, forcing compromises.More on this story here.
FEARFUL AMERICANS ABANDON FREEDOMS
A new poll says 75% will accept random police checks of their cars; 67%, opening of their mail; 54%, monitoring of their phone calls.More on this story here.
AMERICAN RIGHTS; EVERYTHING GOES
Nat Hentoff explains the dangers of the John Ashcroft mentality.More on this story here.
MADISON WARNED U.S.
Fear of foreign perils, James Madison realized, can persuade a once freedom loving people to give up liberties.More on this story here.
GROWTH OF THE POLICE STATE
Cato Institute scholars document the impact of increased police powers on civil liberties.More on this story here.
DON’T CRY FOR PANAMA
Panama prepares a law that buys back debt and limits borrowing to avoid becoming another Argentina.More on this story here.
ONE OF CANADA’S BEST WEB SITES
The site of Prof. Pierre LEMIEUX, libertarian economist and Quebec-based author.More on this story here.
MONDAQ OFFSHORE NEWS
This UK web site requires free registration, but offers very useful information. Three recent offshore items worth note:
Avoidable Pitfalls When Investing in Switzerland,More on this story here.
Belize: Why It is an Offshore Haven of Choice,More on this story here.
The Cook Islands Government Counters OECD Pressures,More on this story here.
WALL STREET TO SPY UNDER MONEY LAUNDERING RULES
NEW YORK. American banks are already forced to spy on clients for the US government. Now it's the stock brokers turn to spy.More on this story here.
U.K. & EUROPE CRUSH FREEDOMS
By comparison, the UK and the EU make US Atty Gen John Ashcroft look like a civil libertarian. European liberty is dying.More on this story here.
F.B.I. WANTS SOFTWARE MAKERS TO ALLOW SPYING
The government now admits its e-mail Trojan virus, "Magic Lantern," aims to turn your computer into an FBI transmitter.More on this story here and here.
LIBERTY IMAGE ONLINE GALLERY
Use these images in your own freedom-related Web pages, or just enjoy them.More on this story here.
U.S. STEEL MAKERS TAKE NOTE
Frederick Bastiat's classic expose of tariff/subsidy business hogs.More on this story here.
EX-CAYMAN BANKER SNAGS 4th TAX CONVICTION
John Mathewson, ex-head of the defunct Guardian Bank & Trust in Grand Cayman, sold out his 1500 clients to the FBI in 1996. For the IRS this is a laundry list of possible tax evaders, the 4th just convicted.More on this story here.
LAWSUIT CHALLENGES BAHAMAS OFFSHORE LAWS
NASSAU. Sen. Fred Mitchell of The Bahamas reports that a lawsuit has been filed against the government attacking the constitutionality of several new laws that severely restrict offshore financial activity.More on this story here.
ANTI-TERROR ASSET FREEZE HITS ROADBLOCKS
Alleged terrorists’ cash grabs are meeting resistance from banks and governments who want more than suspicion; they want proof.More on this story here.
U.S. CRACKDOWN ON “SHELL BANKS”
The US Treasury is about to impose tough new regulations on US financial institutions, cutting ties with foreign shell banks allegedly vulnerable to money laundering. All offshore banks with US accounts must make account records available to US criminal investigators.More on this story here.
U.S. FORCES OFFSHORE BANKS “CERTIFICATION”
Using “anti-terror” laws, the US government forces US banks to obtain “certifications” from 9,000 offshore correspondent banks and brokers.More on this story here.
FAKE EUROS MAY FLOOD E.U.
Police warn of massive euro counterfeiting on Jan 1st.More on this story here.
ROLE OF CURRENCY IN OFFSHORE REAL ESTATE DEALS
LONDON. Whether the price is right depends on the currency of choice used in offshore rentals and real estate purchases.More on this story here.
U.S. CUSTOMS MAIL OPENING HIT
A dangerous bill giving US Customs power to open offshore bound mail is denounced as hurting international trade.More on this story here.
UNITED NATIONS SAYS REGISTER EVERYONE
Every person in the world would be fingerprinted and registered under a universal identification scheme proposed at a UN meeting.More on this story here.
U.S. MILITARY STYLE I.D. PROPOSED
High-tech military IDs used for tracking personnel across the globe are now models for national identification cards for all US citizens.More on this story here.
An expose of how ID cards can be used to curb freedom and disrupt lives.More on this story here.
BRITISH POLICE STATE BECOMES LAW
Last minute concessions fail to curb huge new police powers.More on this story here.
And the new law will be challenged in court immediately.More on this story here.
LIECHTENSTEIN IS NOT WHAT IT USED TO BE
Prince Hans-Adam II welcomes an end to financial secrecy in this former citadel of privacy. And he demands more political power - or he will leave. A must read as the prince negotiates with parliament.More on this story here and here.
EURO MAKES LATVIA POPULAR MONEY CHANGER
RIGA. Absence of any cash reporting laws makes this a popular place to change (and wash) currencies into the new EU euro.More on this story here.
A CHANNEL ISLAND EMBARRASSED BY ITS HISTORY
GUERNSEY now wants to obliterate its reputation as a tax haven.More on this story here.
ANOTHER MAJOR U.S. COMPANY BERMUDA BOUND
The New York based Ingersoll-Rand Co., a leading industrial firm, moves to Bermuda to save on corporate taxes.More on this story here.
BELIZE TO END ECONOMIC CITIZENSHIP PROGRAM
BELIZE CITY. One of the few remaining second citizenship programs in the world, that of Belize, is about to end. The Embassy of Belize in Washington confirmed to us that the Cabinet recently voted to end the program at a date not yet set. A reform commission urged the change. The qualified residency program (QRP) for foreigners remains in place.More on this story here.
PANAMA CANAL MODERNIZATION
In spite of the nation's shaky national finances, the government moves ahead with the essential modernization of the Panama Canal.More on this story here.
ANTI-TERRORISM AND THE OFFSHORE WORLD
PANAMA CITY. Veteran offshore specialist Derek SAMBROOK provides the historic perspective and predicts the future after 9-11.More on this story here.
THAILAND FOR EXPATS
BANGKOK. A veteran travel writer explains that Thailand really is a mood, with much to offer new residents from other lands.More on this story here.
BRITISH GOVERNMENT PRESSURES COLONIES
LONDON. Tony BLAIR's Foreign Office keeps on forcing UK overseas territories to end their role as offshore financial havens.More on this story here.
AMERICAN BANKS AS F.B.I. SPIES
The Cato Institute exposes the government's blatant attack on US financial privacy, and details the costs in both freedom and cash.More on this story here.
THE GLOBAL MELTDOWN
CNN/Money’s review of the year that was.More on this story here.
A CENTURY OF STOCKS
A chart showing 100 years of stock market swings. (pdf download)More on this story here.
BUSH ANTI-TERROR LAW PRODUCES LEGAL CHAOS
The rushed-through-Congress, 342 page PATRIOT Act causes a major mess in and out of government. What does it all mean?More on this story here.
“This massive suspension of civil liberties...will likely set precedents that will come back to haunt us terribly.”More on this story here.
THE NEW SURVEILLANCE SOCIETY
You will be watched, listened in on, tracked and recorded.More on this story here.
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