Section 1: The Current Landscape (Battlefield)
– Uncontrolled lawsuits
– Bloated government with an ever-increasing appetite.
– Advancing Socialism
– Insane over-regulation
Section 2: Economic Slavery
– The Middle Class Treadmill
– Hidden inflation guarantees failure
– “Debt is sweet” – one other lie
– Anesthetized Society
Section 3: Solutions
– Asset Protection for Current and Future Wealth
– Why a Bank would be the Worst Place For Your Money
– Set Up Your Own Virtual Bank Account
– Take Motion
Introduction
We live in a dangerous world. What you have no idea can hurt you. The aim of this report is to show you how to to raised understand and protect yourself from the numerous dangers that threaten your economic survival.
Section 1
The Current Landscape (Battlefield)
“America has degenerated into essentially the most litigious society within the history of the World.”
There at the moment are well over a million attorneys in our country – that is 70% of the world’s attorney population, and Americans only comprise 5% of the world’s people! Our law schools are presently graduating over 40,000 attorneys a 12 months.
For each 20 engineers, Japan only has one attorney. For each 2.5 attorneys, we now have only one engineer. Is it any wonder we won’t find justice?
In 1993, the American Bar Association estimated there to be a 37% probability of the common American becoming involved in some type of legal motion in any given 12 months. This, in fact, is superb news to the trial attorney who will charge you a median of $100/hr and up: and whether he wins or loses your case, he still gets paid!
What would you do when you were to be sued today?
Hire an attorney?
In lots of cases, having an attorney is worse than not having an attorney in any respect!
At an American Bar Association dinner in Recent York in 1978, U.S. Supreme Court Chief Justice Warren Burger, because the guest speaker, stated:
“Ninety percent of all trial attorneys on this country are incompetent.”
For those who imagine that an attorney can all the time higher represent you than you may represent yourself, you may have bought the attorney’s lie that, “The person that represents himself has a idiot for a client.”
Did you suspect that an attorney will all the time represent your best interests first?
“The Attorney is an Officer of the Court. His first duty is to the courts and the general public, to not his client” 7 Corpus Juris Secundum, §4, pg. 802
Source: Economic Solutions, by Peter Kershaw, 1997
The American landscape today is full of many dangers – any of which may spell bankruptcy for you. Listed here are just a number of of them:
a. Uncontrolled lawsuits
b. Bloated government with an ever-increasing appetite
c. Advancing Socialism
d. Insane “over-regulation”
Out of Control Lawsuits
As noted within the opening quotation, lawsuits have now turn out to be so prevalent that you could now not imagine that you’ll not be affected. It’s now a matter of “when” not “if” a lawsuit enters your life.
Bloated Government
Bloated governments are expanding at an incredible pace and so they never appear to manage to pay for. Their growing appetite and inefficiency causes them to wish an increasing number of tax revenue.
When they can not tax any more, they start “licensing” and “permitting” those things which can be imagined to be our “rights” and so they tack on one other fee. After they get desperate they resort to outright confiscation of the people’s private property!
Advancing Socialist Philosophy
One other dangerous trend is the Advancing Socialist Philosophy. That is the philosophy of “government knows best”. This Advancing Socialist Philosophy punishes innovation and industry and rewards
laziness and non-productivity.
In 1848, Karl Heinrich Marx wrote the Communist Manifesto, which has since turn out to be essentially the most widely read political pamphlet within the history of the world.
These are Nine Planks of the Manifesto [author’s comments in
brackets]:
1. Abolition of property in land and application of all rents of land to public purposes. [Property taxes are “rent”.]
2. A heavy progressive or graduating income tax. [Internal Revenue Code]
3. Abolition of all right of inheritance. [Estate and inheritance taxes]
4. Confiscation of the property of all emigrants and rebels. [Ashcroft’s Patriot Act: If you are designated a rebel “Enemy Combatant” you lose all constitutional rights.]
5. Centralization of credit within the hands of the State, by the use of a national bank with State capital and an exclusive monopoly. [Federal Reserve]
6. Centralization of the technique of communication and transport within the hands of the State. [FCC, TSA, controlled media]
7. Extension of factories and instruments of production owned by the State, the bringing into cultivation of waste lands, and the advance of the soil generally in accordance with a standard plan.
8. Equal liability of all to labor. Establishment of business armies, especially for agriculture.
9. Free education for all children in public schools. [Our public schools no longer teach the Constitution and have virtually eliminated God from the classrooms.]
Source: Economic Solutions, Peter Kershaw, 1997
Many individuals will argue that the majority of those Planks are already in place!
What do you think that?
Insane “Over-Regulation”
Do you suspect we live in a “free” country? Attempt to do something with no permit, license, or Social Security Number (read: Socialist Security Number).
“And that no man might buy or sell, save he that had the mark, or the name of the beast, or the variety of his name.” Revelation 13:17
The immense explosion of laws, codes, ordinances, and regulations have created one the best threats to 1’s assets and personal property. The next quote from Ayn Rand’s novel says it well:
“Did you actually think that we wish those laws to be observed?” said Dr. Ferris. “We WANT them broken. You’d higher get it straight that it isn’t a bunch of boy scouts you are up against – then you definitely’ll know that this just isn’t the age of lovely gestures. We’re after power and we mean it. You fellows were piker’s, but we all know the actual trick, and also you’d higher get smart to it. There is not any approach to rule innocent men. The one power any government has is the facility to crack down on criminals. Well, when there aren’t enough criminals, one ‘makes’ them. One declares so many things to be against the law that it becomes inconceivable for men to live without breaking laws. Who wants a nation of law-abiding residents?
But just pass the form of laws that may neither be observed nor enforced nor objectively interpreted – and also you create a nation of law-breakers – and then you definitely money in on guilt. Now that is the system,
Mr. Rearden, that is the game, and when you understand it, you will be much easier to cope with.”
(Page 406 of Atlas Shrugged, Ayn Rand).
Consider one other quote regarding the voluminous 6000 plus pages of the Internal Revenue Code that nobody understands:
“Is it possible to ever learn the reality about income taxes, especially in light of all of the confusion, if not blatant misinformation? Yes, you may, but not by trusting attorneys and accountants. These, in any case, are highly compromised individuals – taxes are their very livelihood! Higher taxation and more tax
laws with ever-increasing complexity are to their advantage. Yet, even these tax “professionals” seldom have a clue as to learn how to properly interpret the tax laws. The outcomes of a 1989 Money Magazine survey of fifty top “Skilled Tax Preparers,” unequivocally demonstrates the utter ncomprehensibility of the income tax laws.
The fifty preparers got the project of preparing tax returns for a fictitious American family. None of them arrived at even near the identical bottom line figure. Actually, discrepancies ranged anywhere from $12,539 to $35,813! Imagine the absurdity of attempting to figure your individual taxes appropriately,
when even the “professionals” are incapable of doing so!” – Economic Solutions, Peter Kershaw, 1997
Actually a survey in 2003 showed that the IRS “help line” gave mistaken answers to taxpayers questions 47% of the time!
In summary, we live in a dangerous world and the American landscape is fraught with land mines which can be direct threats to your financial well being.
Section 2
Economic Slavery
Americans, living in what is named the richest nation on earth, seem all the time to be in need of money. Wives are working in unprecedented numbers, husbands hope for time beyond regulation hours to earn more, or take part-time jobs evenings and weekends, children search for odd jobs for spending money, the family debt climbs higher, and psychologists say considered one of the largest causes of family quarrels and breakups is “arguments over money.” – Billions for the Bankers, Debt for the People, Pastor Sheldon Emry
What they do not inform you is that, after inflation, taxes and debt payments…most individuals are worse off than once they began! They’re simply taking one step forward and two steps back and so they wonder why they never get ahead!
Consider this statistic from a recent government report:
At age 65, ninety-five out of 100 people can be dependent indirectly upon their family, their church, or the federal government. 4 of them can be comfortable and just one can be wealthy.
Society has been so “anesthetized” by television and recreation that we do not see our money being taken from us from right under our noses. Most individuals in America can inform you what episode of “Survivor” they saw last night but they can not inform you the last time they read the united states of america Structure or the Declaration of Independence! Did you recognize that our Founding Fathers revolted
over a 5% tax by the King of England? Yet today Americans pay as much as 50% in local, state and federal taxes!
“If the American people ever allow private banks to manage the problem of their money, first by inflation after which by deflation, the banks and corporations that may grow up around them (across the banks), will deprive the people of their property until their children will get up homeless on the continent their
fathers conquered.” Thomas Jefferson
Since the Federal Reserve is privately owned by international banking families, and ‘creates’ our money by loaning it to our nation, it’s mathematically inconceivable to ever repay the national debt. We’re slowly and methodically progressing towards the day our nation goes bankrupt.
When this happens we are going to see the rapid drop in the worth of the dollar. This can shatter our current economic condition and create the “mother of all depressions”.
For a sneak peak into our future do an Web search on Argentina’s recent default on their national debt in 2002. When this happened the Argentine Peso lost over 60% of its value in lower than six months! Unemployment soared to over 25% percent and the country went from being a thriving economy to a 3rd world country.
“No currency has suffered a smaller loss from inflation since World War II than the German Mark. Yet even so, 71 percent of it’s value vanished between January 1, 1949, and the tip of June 1995. The world reserve currency during this era, the U.S. Dollar, lost 84 percent of its value. This can be a measure of the wealth that governments expropriated by exploiting their territorial monopolies
on legal tender.” From The Sovereign Individual, by James Dale Davidson and Lord William Rees-Mogg
The Federal Reserve, by attempting to control the economy with the expansion and contraction of credit, has created an economic environment that greatly magnifies our boom and bust cycle. The “boom” times are signified by greatly exaggerated prices just like the stock market “bubble” of the nineties and the housing bubble of the years 2003 – 2005.
Mix these two major forces and it doesn’t take much to acknowledge that we’re in for some very rough seas over the following 10 to fifteen years. The place to be during these tumultuous times can be in precious metals. In times of economic uncertainty people will flock to gold and silver.
Gold and Silver have been real money since biblical times – long before “paper” money was created – and so they can be here long after “paper money” returns to its intrinsic value which is nothing.
Listed here are some interesting quotes on gold:
“For greater than two thousand years gold’s natural qualities made it man’s universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and can continue to exist long after the political fiats of today have gone the best way of all paper.” Hans F. Sennholz
“For those who don’t trust gold, do you trust the logic of taking a gorgeous pine tree, price about $4,000 – $5,000, cutting it up, turning it into pulp after which paper, putting some ink on it after which calling it one billion dollars?” Kenneth J. Gerbino
“Gold just isn’t less but more rational than paper money. Money holds value as long as it’s in limited supply; gold will all the time be in limited supply, and would require real resources to provide even from the ocean; paper and printing ink are usually not in limited supply. The gold system is far closer to a contemporary automatic scientific control system than the crude and comparatively unstable system of paper.” William Rees-Mogg
“Of all of the contrivances for cheating the laboring classes of mankind, none has been more practical than that which deludes them with paper money.” Daniel Webster
“Betting against gold is identical as betting on governments. He who bets on governments and government money bets against 6,000 years of recorded human history.” Gary North
“Gold is worshiped in all climates, with no single temple, and by all classes, with no single hypocrite.
Caleb C. Colton
Section 3
Solutions
How do you protect yourself and your assets in these treacherous times?
We imagine that there are two critical steps that it’s essential to take to guard your financial future.
The very first thing it’s essential to do is protect your current assets so that they are insulated from these financial threats.
The second thing it’s essential to do is create additional sources of income that may show you how to weather the storms that comes your way.
Asset Protection for Current and Future Wealth Asset Protection is the act of positioning your assets in such a way that they’re out of reach of predators, lawsuits and even government agencies. The bottom line is to “control” your assets without actually “owning” them.
Asset Protection Plan is designed to make your assets difficult to find or too expensive to pursue.
Asset Protection Plan is put into place before it is required. In a way, it’s a variety of insurance that may enable you to sleep well at night knowing that you just are protected.
How do you “control” your assets without actually “owning” them?
First, allow us to define “asset”. An asset is anything of value that you should preserve or protect against hostile third parties.
To guard your valued assets against these predators it’s essential to own your assets in an entity apart from in your individual name. There are lots of varieties of entities that you could pick from and listed below are just a number of:
Corporations
Partnerships
Trusts
Limited Liability Firms (LLCs)
If you “control” the corporate you furthermore mght control the checkbook. Because the President or Manager of your organization you make all the selections on behalf of the corporate and profit from all of the assets of the corporate.
Corporations work well but are sometimes difficult to keep up and, For those who don’t keep proper records, you may lose your personal liability protection.
General Partnerships are generally not effective in asset protection although Limited Partnerships offer some liability protection.
Limited Liability Firms are quickly replacing Limited Partnerships as Asset Protection vehicles.
Limited Liability Firms have turn out to be the premiere Asset Protection vehicle due to their superior asset protection features, their ease of operation, their low maintenance, and their relatively low price.
A Trust is an efficient Asset Protection vehicle but only whether it is an irrevocable trust. This simply means that you just surrender control of the trust to an independent trustee.
An Unicorporated Business Trust Organization takes the limited liability features of an organization and combines them with the “go through” tax advantages of a partnership. It’s literally the perfect of each worlds.
U.B.T.O.’s are flexible and straightforward to form and are much easier to keep up than other entities.
Internationally, the U.B.T.O. is essentially the most common type of business entity in use.
The Unincorporated Business Trust Organization is now the entity of alternative for people and businesses in search of the last word in privacy and asset protection.
You furthermore may have a much lower profile.
The Unicorporated Business Trust Organization is considered one of the last word asset protection and privacy tools!
With an Unincorporated Business Trust Organization Protecting Real Estate, Rental Property, Business Assets, and Financial Accounts with Multiple U.B.T.O.’s
The essential idea when using U.B.T.O.’s as an Asset Protection Strategy is to separate High Risk Assets (cars, businesses, rentals) from Low Risk Assets (bank accounts, stocks, bonds, mutual funds).
You may buy nearly any kind of private and real property in separate U.B.T.O. to keep up maximum privacy and asset protection.
You too can have your online business assets, real estate, and equipment owned by a separate M.T. (or multiple U.B.T.O.’s) after which lease them back to your online business.
Owning a Vehicle With An U.B.T.O.:
U.B.T.O.’s are a terrific privacy tool and are great for owning cars, heavy equipment, and recreational vehicles.
Imagine you’re in an auto accident and you’re sued. When the hostile party discovers that the owner of the vehicle is an U.B.T.O. (which has no other assets) and that you just don’t own anything either (your assets are owned by other U.B.T.O.s) they offer up or settle at a greatly reduced amount.
The more assets you may have, the more U.B.T.O.s it’s possible you’ll need to arrange.
Why a Bank would be the worst place for Your Money:
Did you recognize that banks would be the worst place to maintain your money?
Do this little experiment:
Pick up your Account Holder Agreement (when you haven’t got one go pick one up from the bank) and browse it. Here’s what one from Wells Fargo states:
“The Bank may accept and act on any legal process that it believes is valid, whether served in person, by mail or by facsimile transmission, at any Bank location. Legal process includes, without limitation,
a levy, garnishment or attachment, tax levy or withholding order, injunction, restraining order, subpoena, search warrant, government agency request for information or forfeiture regarding your account.”
Does that make you sleep well at night? With the brand new, so-called “Patriot Laws” when you “look” suspicious you’re in danger! (What does a suspicious person appear like?)
It gets worse. You should first understand the monster called “fractional reserve banking” (which is the best way our banks operate). *Fractional Reserve Banking means what it says. The banks only keep a fraction of the deposits readily available as reserves to cover any withdrawals.
Sounds innocent enough but let’s examine it further:
Banks only keep about $1 in reserves for each $10 in deposits. Because of this if multiple out of each ten account holders were to look at the identical time on the bank to make a withdrawal,
THE MONEY WOULDN’T BE THERE!
One other way of taking a look at that is the incontrovertible fact that the banks have the flexibility to loan out $10 for each $1 they absorb!
For those who think Enron and WorldCom had crooked books, this makes them pale as compared! Banks have the flexibility to create money out of thin air. If we tried that we could be thrown in prison for
counterfeiting!
What in regards to the FDIC?
The Federal Deposit Insurance Corporation only has about 1/2 of 1% in reserves to cover insurance claims. The FDIC is nothing greater than a “confidence” game.
What’s the answer?
One solution is to maintain as little money as possible in your bank. Only use banks to money your checks.
Take Motion
Never before in history has there been such a threat to your personal financial security than at once. Just like the story of Noah’s Ark within the Old Testament, it’s essential to construct your financial lifeboat before you would like it. When the rains come it would already be too late.
Contact us for a Complimentary Consultation 312-298-9075 or by e-mail at fa2z@aol.com!
Evident, LLC
Chicago,
Illinois Republic
