The Feds Won’t Stop Terrorism This Way

The Feds Won’t Stop Terrorism This Way

I was in London when news emerged from Paris that a squad of Islamic militants had massacred 130 people in restaurants, theaters, and other locations. The reaction was entirely predictable: a debate over what can be done to prevent similar incidents in the future.

 
Austria: Anonymous Storage and The World’s Safest Bank

Austria: Anonymous Storage and The World’s Safest Bank

I just finished a week’s visit to Vienna, where I lived from 2003-2005 while earning a LL.M (Master of Laws) in international tax law at a local university.

 
They’re coming for your cash

They’re coming for your cash

It might sound like a conspiracy theory spun by right-wing crazies. But judging by the increasing desperation of governments to reboot the world economy, it just might happen.

 
How to Stay Off the “No Fly” List

How to Stay Off the “No Fly” List

Airport security in the USA is a joke, and a bad one at that. It’s easy to create a fake boarding pass with Photoshop. And it’s not much harder to create fake identification documents.

 
Watch Out for these 3 Offshore Scams

Watch Out for these 3 Offshore Scams

You could be forgiven for believing offshore frauds are a thing of the past. After all, with “Know Your Customer” rules that practically require you to submit to a DNA test to open an offshore account, you wouldn’t think it’s exactly easy for scam artists to bank the proceeds of fraud.

 
How to Protect Yourself from Border Big Brother

How to Protect Yourself from Border Big Brother

Big Brother is alive and well at US border crossings. The latest example comes from published accounts describing the recent ordeal of the mayor of Stockton, California, at the San Francisco International Airport.

 
Your Data Isn’t Safe in the USA

Your Data Isn’t Safe in the USA

In 2013, former National Security Agency analyst Edward Snowden stunned the world by revealing top-secret details of the agency’s data collection practices.

 
The Big Biz, Big Gov World of Donald Trump

The Big Biz, Big Gov World of Donald Trump

A hidden danger of a government that intervenes in every aspect of its citizens’ lives is that it develops harmful alliances with the rich and powerful.

 
Why I Love America

Why I Love America

I’m addicted to America. As I sit in a local Starbucks enjoying a coffee with a triple shot of caffeine, I’m reminded of why I live in this country:

 
The Canadians to save us from FATCA? Maybe…

The Canadians to save us from FATCA? Maybe…

FATCA, officially known as the Foreign Account Tax Compliance Act, is probably the worst law that most Americans don't know about.

 
Spy on Your Customers… or Else

Spy on Your Customers… or Else

Do you distrust the banking system? Prefer to do business in cash? Complain about the encroachment of Big Brother into every facet of your life?

 
There Are No Markets, Only [IMF] Manipulation

There Are No Markets, Only [IMF] Manipulation

I can’t help but be reminded of the truism of this week’s article title, watching Chinese stock prices drop, day after day. In response, Chinese securities regulators have banned most short selling.

 
Passport Scammer Exposed in Secret Video

Passport Scammer Exposed in Secret Video

When I was a teenager, I was a fan of the Rolling Stones. I bought their 1971 album, Sticky Fingers, immediately after its release. Unfortunately, the record was unplayable.

 
Are You Fit to be Boiled?

Are You Fit to be Boiled?

I’ll never forget the first time I saw a lobster boiled alive. It was at a family gathering when I was very young, perhaps five or six years old. One of my aunts calmly picked up a happily wriggling lobster out of an ice chest and dropped it in a pot of boiling water.

 
The US Is About to Become an Even Bigger Tax Haven

The US Is About to Become an Even Bigger Tax Haven

It’s often not “PC” (politically correct) to point out the truth. But someone needs to do it. Here’s an “inconvenient truth” for President Obama and those in Congress who want to shut down what they call “offshore tax havens.”

 
The Price of This Top 2nd Passport’s Going Up

The Price of This Top 2nd Passport’s Going Up

For years, the Commonwealth of Dominica has offered the best value for the money of all citizenship-by-investment programs. But the price will soon be increasing.

 
A Sneaky Way to Grab Your Retirement Savings

A Sneaky Way to Grab Your Retirement Savings

With an $18 trillion debt and $97 trillion or so in unfunded liabilities, Uncle Sam is anything but flush with money. So Congress and President Obama are looking for ways to stem the flow of red ink.

 
Gold: It’s Time to Buy

Gold: It’s Time to Buy

I’m what people call a “contrarian” investor. I tend to buy assets that are out of favor with the chattering classes and the talking heads on television.

 
“You? A Tax Evader?”

“You? A Tax Evader?”

It’s no secret that governments worldwide are broke. One country after another is cutting social benefits and taking other measures to reduce government spending.

 
Congress’s Plans to Lock You in

Congress’s Plans to Lock You in

Freedom to travel is a fundamental and internationally recognized human right. Article 13 of the Universal Declaration of Human Rights (UDHR) states:

 
The Beginning of the End for the Euro

The Beginning of the End for the Euro

A little over two decades ago, the elites of Europe met in Maastricht, the Netherlands, to realize a long-held dream. It was to create a common currency that could be used throughout Europe, and possibly, the world.

 
Are You Ready for the e-PATRIOT Act?

Are You Ready for the e-PATRIOT Act?

Earlier this month, news emerged that the US government had suffered its worst cyberattack ever. On June 4, the Office of Personnel Management (OPM) revealed that hackers had penetrated its networks, possibly for many months.

 
1000s Of American Jobs Could Be Lost If This…

1000s Of American Jobs Could Be Lost If This…

Leave it to bureaucrats to decide that while some competition is good, too much is bad. In a nutshell, that’s what the Organisation for Economic Co-operation and Development’s (OECD) ongoing campaign against lower taxes is all about.

 
Make Sure You File This Form by June 30

Make Sure You File This Form by June 30

Back in 1970, Congress enacted a law that became known as the Bank Secrecy Act, or BSA. But like the PATRIOT Act, the USA Freedom Act, and many other opaquely named laws Congress enacts, the BSA had nothing to do with encouraging bank secrecy.

 
Famous politician gets caught in his own web

Famous politician gets caught in his own web

Talk about a comeuppance. Former Speaker of the House of Representatives Dennis Hastert, who helped force through Congress stricter laws against anonymous cash transactions, now faces financial ruin – and an extended jail sentence – thanks to the very same laws.

 
Expats, Pensions & Taxes – Oh My!

Expats, Pensions & Taxes – Oh My!

Recently, I received a message from a client in Mexico. After years of suffering the indignities that US citizens living abroad experience, courtesy of Congress and the IRS, he’s now considering expatriation – giving up his US citizenship and passport.

 
This 2nd Passport Just “Doubled” in Value

This 2nd Passport Just “Doubled” in Value

Dual citizenship, coupled with a second passport, holds numerous benefits. It can: Expand your travel and investment possibilities; Give you the right to reside in another country or countries; and

 
Even if Congress Repeals the PATRIOT Act, You’ll Still Have Zero Electronic Privacy

Even if Congress Repeals the PATRIOT Act, You’ll Still Have Zero Electronic Privacy

I got a good laugh earlier this month when a federal appeals court ruled that the National Security Agency (NSA) could no longer collect the phone records of all US persons – and then store them in a massive database.

 
Don’t Panic! The Hitchhiker’s Guide To Offshore Freedom

Don’t Panic! The Hitchhiker’s Guide To Offshore Freedom

I’m a die-hard science fiction fan, and one of my all-time favorites in this genre is Douglas Adams’ superb The Hitchhiker’s Guide to the Galaxy.

 
Will Central Banks Abolish Cash?

Will Central Banks Abolish Cash?

Cash has never been a popular asset with the totalitarian set. It’s difficult, if not impossible, to trace. Cash makes it possible to do business “off the books.”