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(Especially noteworthy articles’ headings highlighted in gold.)
NEW U.S. “ANTI-TERROR” LAW TERRORIZES PRIVACY
Private banking is made far less private by President Bush’s new law.More on this story here.
THAT CROOK BEHIND THE PONZI SCHEME
You often hear his name used to describe financial fraud, but what do you really know about Carlo Ponzi?More on this story here.
WORLD & U.S. TAX NEWS:
The Center for Freedom & Prosperity applauds the EU failure to agree on a Europe-wide withholding tax on foreigners' investments.More on this story here and here.
Stepped up IRS prosecution of income tax cheats planned.More on this story here.
How the US tax laws soak the rich; the brutal facts.More on this story here.
MICROCHIPS UNDER YOUR SKIN?
In the planning stage: a chip the size of a grain of rice injected into your body that will give detailed information about you.More on this story here.
SECRET EURO TRACKING PLAN
A hush-hush project to embed radio frequency identification and tracking tags in the fibers of all euro bank notes.More on this story here.
U.S. GOVERNMENT SEES PRIVACY AS CRIMINAL
The case against US government financial & bank spying.More on this story here.
FREEDOM ADVOCATES FEAR POLICE EXPANSION
Increased public trust in post 9/11 government causes worry.More on this story here.
FREEDOM SHIP PLANS 2006 LAUNCH
A floating city for 17,000 residents will cruise the world.More on this story here.
CARIBBEAN STOCK EXCHANGE PROFITABLE
The new Eastern Caribbean Stock Exchange did well.More on this story here.
UNITED NATIONS PLANS WORLD INCOME TAXES
As we reported last year, the UN plans a global income tax system to be fleshed out in a Mexico City conference next March.More on this story here.
COURT RULING BOOSTS CORPORATE TAX SHELTERS
A US Appeals Court decision upholds corporate tax shelters.More on this story here.
BIG BROTHER TRACKING DEVICES FOR U.S. DOLLARS?
Last week we reported on euro tracking chips. Now a US Federal Reserve official wants tracking chips in all new dollars issued.More on this story here.
COURT APPROVES KEYBOARD SNIFFING DEVICE
The FBI can now use an electronic surveillance device that secretly gathers every keystroke on a home or office computer.More on this story here.
NEW FORFEITURE DEFENSE MANUAL PUBLISHED
Forfeiture Endangers American Rights (FEAR) announces its new Asset Forfeiture Defense Manual.More on this story here.
SWISS CANTONS COMPETE WITH LOW TAXES
It's Zurich vs. Zug and quality of life vs. lower taxes.More on this story here.
BIG BROTHER'S KNOCK ON THE DOOR
In today's America political dissent can bring federal agents to your door.More on this story here.
DRIVER'S LICENSES MORPH INTO NATIONAL I.D.s
States and feds are turning motor vehicle operators licenses into a national system of electronic identification.More on this story here and here.
A POLICE WIRETAP IN EVERY AMERICAN HOME
State governors and local pols jump on the anti-terror surveillance bandwagon as personal freedom suffers.More on this story here and here.
FOXES GUARD HEN HOUSE
WASHINGTON. The US Dept. of Justice says just phone us if you get hassled by police under the US PATRIOT Act.More on this story here.
SECOND PASSPORTS IN DEMAND IN ARGENTINA
BUENOS AIRES. Thousands line up at consulates seeking second passports based on Spanish or Italian ancestry.More on this story here and here.
HOW U.S. OFFSHORE CORPORATIONS AVOID TAXES
Structuring exemptions for foreign income of US corporations.More on this story here.
U.S. ACCOUNTANTS ANTI-MONEY LAUNDERING RULES
Under new US anti-ML rules, it's not only your accountant who knows!More on this story here.
U.S. TAX COMPLIANCE COSTS BILLIONS
In 2001 US persons spent 4.6 billion hours & $140 billion on tax preparation.More on this story here.
U.S. TREASURY RULES UNDER 'USA PATRIOT' ACT
Four sets of new rules to make financial life and banking miserable.More on this story here.
MERE SUSPICION NETS FROZEN MILLIONS
US government freezes US Muslim foundation funds, but feds admit they have no pro-terrorist evidence, only secret suspicions.More on this story here.
JUST SAY 'NO' TO THE POLICE
Many US persons don't understand that they have a right to refuse police demands for permission to search without a warrant.More on this story here.
TAX HAVENS NOT DIRTY CASH HAVENS
A new study uses US State Dept., CIA, IRS and FATF findings to show that tax havens are not any more likely to be money laundering centers than are other countries.More on this story here and here.
The study was authored by the Center for Freedom and Prosperity, busy lobbying the US Congress and government on many issues.More on this story here.
COURT ORDERS REPATRIATION OF OFFSHORE FUNDS
A US District Court orders operators of an allegedly illegal pyramid scheme to return millions of dollars held in offshore accounts.More on this story here.
I.R.S. TO RESTART "AUDITS FROM HELL"
Internal Revenue wants to do thousands of random audits to measure overall tax compliance. But can the IRS be trusted?More on this story here.
The Untrustworthy IRSMore on this story here.
Electronic Frontier Foundation fights for civil rights in the face of the all out US anti-terrorist campaign.More on this story here and here.
THE STATE OF U.S. CIVIL FORFEITURE LAWS
Government taking of property on flimsy excuses has not changed because of so-called 'reforms.' Here's the true picture.More on this story here.
SWISS BANKERS STAND FIRM ON SECRECY
A leading Swiss banker charges US 'policy of power' pressure on offshore banks causes unneeded major problems.More on this story here.
The Swiss economics minister defends bank secrecy as moral.More on this story here.
C.F.P. BATTLES AGAINST I.R.S. PROPOSAL
The Center for Freedom and Prosperity pushes the IRS to abandon its proposal to report bank deposit interest paid to nonresident aliens.More on this story here.
MORE U.S. TAXPAYERS DEFY I.R.S.
1 in 4 taxpayers say they might cheat on taxes; 5% say they cheat.More on this story here.
PLAN AHEAD; see Vern JACOBS Pre-Meditated Tax AvoidanceMore on this story here.
U.K. CLIENTS HAVE A RIGHT TO KNOW
Banks, law firms and accountants must disclose internal reports of money laundering suspicions to clients on request.More on this story here.
U.S. C.I.A NOW SPIES ON AMERICANS AT HOME
The CIA Charter says it can't, but now the world spooks are spying on citizens and people within the United States.More on this story here.
PATRIOT ACT; BUREAUCRATS DREAM
The USA Patriot Act's "anti-terrorism" provisions come under intense fire from civil liberties groups.More on this story here.
TAX HAVENS STILL VERY MUCH IN BUSINESS
EIU study shows Switzerland leads with 1/3 of US$3 trillion offshore.More on this story here and here.
ISLE OF MAN MAY BEND TO O.E.C.D. TAX DEMANDS
Possible end to offshore tax breaks, new tax info sharing.More on this story here.
JAPANESE SWITCH TO GOLD
TOKYO. Nervously taking cash out of banks, they buy gold.More on this story here.
FinCEN GETS MORE POWER & MONEY
The federal money spies get a budget boost and all money service businesses are forced to register with the government.More on this story here.
U.S. TAX CODE INCOMPREHENSIBLE
Few, if any, can understand the IRC or the IRS.More on this story here.
F.B.I. RULES MAKE BANKS GOVERNMENT SPIES
New anti-terror rules could apply to almost any account holder.More on this story here.
BRITISH LABOUR DROPS JURY TRIAL ABOLITION
Blair abandons plan to restrict the right to trial by jury.More on this story here.
WHAT GOVERNMENT SAYS IT MEANS
The Free Congress Foundation web site provides the US Dept of Justice section-by-section analysis of the USA PATRIOT ACT.More on this story here.
OPPOSE UNCHECKED DOMESTIC U.S. SPYING
FBI spying on domestic religious and political organizations is planned, another civil rights casualty of the war on terrorism. Here what you can do to stop it.More on this story here.
'YOUR PAPERS PLEASE'
Motor vehicle operators licenses used as a cover for a national ID system, but AmericanS are wary of this Big Brother scheme.More on this story here and here.
U.S. FOREIGN AID FUNDS TERRORISTS
The US government's myopia on cash for tyrannies.More on this story here.
THE STATE OF OFFSHORE HAVENS
PANAMA CITY. Offshore veteran Derek SAMBROOK, gives a lucid look at the new world.More on this story here.
BELIZE BOUNCES BACK; ASHCROFT'S REVENGE
Bureaucrats get fired as Belize's leading investor keeps his tax breaks.More on this story here.
ARGENTINES FLEE HOME TO EUROPE
Here's the stark proof of why you may need a second passport.More on this story here.
OFFSHORE FUNDS MAKE BIG GAINS
More than 90% of the world's 500 biggest offshore money funds locked in strong gains during the 4th Q of 2001.More on this story here.
OFFSHORE LOANS WAY UP
Major international bank loans in offshore havens increased 14% to $8.49 trillion in the 3rd Q 2001, led by insurance & hedge funds.More on this story here.
U.S. MAY BOW TO W.T.O. RULING
Tax breaks for US exports are the issue, but a good solution may be adoption of territorial taxes for US offshore business.More on this story here, here, and here.
WORLD BANKERS DISPUTE NEW STANDARDS
Basel Banking Committee tackles risk and liquidity.More on this story here.
SHAM TRUST SELLER GET 10 YEARS IN PRISON
A militant tax evader who sold phony offshore trusts goes to prison.More on this story here and here.
And here's the US Treasury's 'abusive trust schemes' warning web page.More on this story here.
PATRIOT ACT CREATES 'FEDERAL RECEIVER'
A new breed of US official, the 'Federal Receiver,' will have broad powers over assets of alleged foreign money launderers.More on this story here.
WISDOM FROM RON PAUL
The libertarian US Congressman explains how America best can defend against terror and how too much government killed Enron.More on this story here and here.
WELCOME TO AMERICA; WE'RE WATCHING YOU!
New tracking system monitors foreigners' arrivals & departures.More on this story here.
FROZEN 'TERRORIST' BANK ACCOUNTS
Mistaken identity prompts SWEDEN to asks what are the rights of those whose bank accounts have been frozen in the war on terrorism.More on this story here.
NEW YORK TIMES SPEAKS TRUTH ABOUT E.U.!
"From Spain to Scandinavia, European politics is drifting to the right...feeding off antipathy toward the European Union which seems to many Europeans to have swallowed their national identity in a meddling, continent-wide bureaucracy that no one elected."More on this story here.
CRUCIAL SWISS-E.U. NEGOTIATIONS
Switzerland & the EU will lock horns over banking secrecy.More on this story here.
PANAMA'S NEW E-COMMERCE LAW EXPLAINED
A leading offshore haven comes of age digitally.More on this story here.
COMMONWEALTH MEETING HEARS TRUTH
LONDON. Offshore havens are not terrorist cash conduits.More on this story here.
LAWRENCE STILL IN JAIL OVER OFFSHORE TRUST SILENCE
MIAMI. 14 months and options trader Stephan Lawrence is still in prison for refusing to turn over $7 million in an offshore trust.More on this story here.
CREDIT CARD COMPANIES, BROKERS AS GOVERNMENT SPIES
A US congressman thinks anti-money laundering laws should apply to all credit card companies and card holders.More on this story here.
US stock brokers accept their new role as US money spies.More on this story here.
A THOUSAND YEARS OF MONEY
And governments still ignore the clear lessons of the past.More on this story here.
S&P RATES BEST OFFSHORE FUNDS
In a universe of over 7,500 offshore funds, how do expats sort the good from the bad? Standard & Poors will help.More on this story here.
HOW YOU CAN COMBAT IDENTITY THEFT
Courtesy of Vern JACOBS, CPA.How to combat identity theft here.
BRITS PROPERTY GUILTY UNTIL PROVEN INNOCENT
UK House of Lords rules property can be kept by police unless an accused owner can prove it is not derived from criminal activity.More on this story here.
FEDS WANT YOUR READING LIST
The PATRIOT ACT requires libraries to surrender patron records with no notification to the people affected.More on this story here.
BACK DOOR NATIONAL I.D. SYSTEM
State motor vehicle bureaus push to turn auto drivers licenses into national IDs.More on this story here.
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