LETTER TO THE EDITOR


We THE People of Michigan have given notice to the Governor and Michigan Bar of the Peoples

grand juries commencing investigations into the corruption and abuses of courts and public offices.



THE People established grand juries in several counties in 2011 – 2012 with published notices. Grand

juries are recognized in the Bill of Rights in the Seventh (7th) Amendment and by U.S. Supreme

Court rulings, the most robust being U.S. v. Williams (1992). Justice Antoine Scalia, writing for the

majority, said, “It belongs to no branch of the institutional government, serving as a kind of buffer or

referee between the Government and the people…The 7th Amendment demands a functioning grand

jury independent from the judicial branch with power to investigate criminal wrongdoing requiring

no authorization from any court.”

People across America are working to return justice to our out‐of‐control courts and public offices.

Attorneys and Judges have worked overtime throughout the past 100 years to destroy and hide from

the People lawfull due process and grand juries, the very method that can return liberty to the People.



Attorneys and Judges say the Common Law has become outdated, obsolete and that the 7th

Amendment Grand Jury is for the exclusive use of federal courts. Anyone with experience in the state

courts will tell you that the “Bill of Rights” has been over-thrown by Attorneys and Judges who

believe they are above the law. Only when the People become aware of this attitude and mind set of

the legal industry will the People, through Grand Juries, be able to secure our unalienable Rights and

Liberty. Call 1-989-450-5522, 2: PM to 7: PM Monday thru Thursday.



Johnny Angel, Grayling Mich.
STATEMENTS AND OPINIONS STATED IN THIS LETTER TO THE EDITOR ARE NOT

THOSE OF THE PUBLISHER!


Comment on post here: http://nesaranews.blogspot.com/2015/05/fwd-letter-to-editor.html

Saturday, November 24, 2012

Feds Expand Definition of "Cash" to Include Stored Value Cards


Privacy World - The WORLD'S SHREWDEST PRIVACY NEWSLETTER

Feds Expand Definition of "Cash" to Include Stored Value Cards

For the last three days, I've been in bustling downtown Panama City, Panama, speaking at an offshore conference. Panama is as dynamic as ever, and I've made considerable progress filing my application for permanent residence.

My exit from the United States was relatively hassle-free, other than the mandatory scan of my genitalia by the TSA before I boarded my flight. However, I've now learned that the Treasury's Financial Crimes Enforcement Network (FinCEN) plans to add another obstacle to leaving (or entering) the United States: declaring the value of any "tangible prepaid access devices." In case you're wondering, TPADs are otherwise known as stored value cards.

U.S. law has long required you to declare the value of cash or other monetary instruments you carry across a U.S. border if the value exceeds $10,000. FinCEN Form 105 is used for this purpose. While there's the possibility of a five-year prison sentence for failing to comply with the law, along with forfeiture of the "monetary instruments," enforcement of these requirements is inconsistent.

Entering the United States, you must complete Customs Form 6059B, which explicitly asks if you are carrying more than $10,000 in cash or monetary instruments. Leaving the United States, I've only seen one or two warnings red-flagging this requirement.

However, one time several years ago, I was boarding a flight in Baltimore bound for Paris. On the jet way, several men in poorly fitting suits confronted me. They identified themselves as Treasury agents and asked me how much cash I was transporting. I told them I wasn't sure but that it was less than $200. They insisted on rifling through my carry-on, presumably to search for undeclared cash, and going through my wallet. After a relatively brief interlude, they allowed me to board my flight.

To enforce the new rules to declare TPADs, the Department of Homeland Security is developing high-tech card readers to deploy at U.S. ports of entry. The readers will identify whether the cards in your wallet are credit cards, debit cards, or TPADs. Only the value stored on a TPAD need be declared, assuming the total value of monetary instruments carried across the U.S. border exceeds $10,000.

As is usual in efforts of this type, FinCEN's efforts to expand the definition of cash will only inconvenience law-abiding travelers. A real criminal-or anyone seeking financial privacy-will use the "brainwallet" concept to silently move value across increasingly irrelevant national frontiers. (A brainwallet requires that you memorize a unique passphrase to gain access to an online store of value, such as Bitcoin.) Indeed, The Department of Homeland Security has proposed to FinCEN that:

"[B]order declaration should not apply to codes, passwords and other intangibles... The structure of the currency and monetary instruments declaration regime, hinges on the existence of a physical object. The language requires something that can be passed from one individual to another in order to be presented to a third party for execution/payment."

Bitcoin and similar digital currencies make FinCEN's currency reporting rules, and their expansion to encompass TPADs, obsolete before they're even finalized. But don't think for a minute that technological innovation will prevent these rules from coming into effect.

After all, Boobus Americanus must believe the government is doing something-anything-to fight the wars on drugs, terrorism, money laundering, immigration fraud, etc. Whether the initiative actually accomplishes anything is much less important than whether it appears to be accomplishing something. And it's simply inconceivable to ask whether the wars are worth fighting at all, and if we should simply allow individuals to move their assets anywhere in the world, as they see fit, without government imposed restrictions.

The above article by Mark Nestmann

Until our next issue, stay cool and remain low profile!

Privacy World

PS - Require a Self Directed Trust on the cheap?
Email and place "SDT" in your subject heading.

-----------------------------------------------------------------------------
To subscribe,   send a blank message to PrivacyWorld-on@mail-list.com

No comments:

Post a Comment