Tag Archives: Wealth tax

Jun 20 2025

Hearts of Oak: Lewis Brackpool – The Art of Digging for Government Secrets


Posted originally on Rumble By Bannon’s War Room on: June 19, 2025, at 1:00 pm EST

Jun 20 2025

FREEMAN: “Gold-Backed Debit Cards Are Here, And The Movement Is Just Getting Started.”


Posted originally on Rumble By Bannon’s War Room on: June 19, 2025, at 1:00 pm EST

Jun 20 2025

“Your Own Personal Team Of Accountants.” How Done With Debt Can Navigate Financial Turmoil


Posted originally on Rumble By Bannon’s War Room on: June 19, 2025, at 1:00 pm EST

Jun 19 2025

LIZ YORE: Southern Baptist Delegates At National Meeting Call For Banning Same-Sex Marriage


Posted originally on Rumble By Bannon’s War Room on: June 18, 2025, at 1:00 pm EST

Jun 19 2025

Archdiocese Of Detroit: Parishes Must Cease Traditional Latin Mass Celebrations By July 1, Frank Walker Reports


Posted originally on Rumble By Bannon’s War Room on: June 18, 2025, at 8:00 pm EST

Jun 14 2025

USAID Official and Three Corporate Executives Plead Guilty to Decade-Long Bribery Scheme


Posted originally on CTH on June 13, 2025 | Sundance

The Justice Department has announced that a USAID official named Roderick Watson, 57, of Woodstock, Maryland, and three corporate executives, Walter Barnes, 46, of Potomac, Maryland; Darryl Britt, 64, of Myakka City, Florida, and Paul Young, 62, of Columbia, Maryland, have pleaded guilty to a decade long scam involving bribery using USAID funds and awarded government contracts.

Roderick Watson took bribes and directed over $550 million to the three USAID contractors.  [SEE DETAILS HERE]

DOJ – […] According to court documents, beginning in 2013, Watson, while a USAID contracting officer, agreed with Britt to receive bribes in exchange for using Watson’s influence to award contracts to Apprio. As a certified small business under the SBA 8(a) contracting program, which helps socially and economically disadvantaged businesses, Apprio could access lucrative federal contracting opportunities through set-asides and sole-source contracts exclusively available to eligible contractors without a competitive bid process.

Vistant was a subcontractor to Apprio on one of the contracts awarded through Watson’s influence. After Apprio graduated from the SBA 8(a) program and it was no longer eligible to be a prime contractor for new contracts with USAID under this program, the scheme shifted so that Vistant became the prime contractor and Apprio became the subcontractor on USAID contracts awarded through Watson’s influence between 2018 and 2022.

During the scheme, Britt and Barnes paid bribes to Watson that were often concealed by passing them through Young, who was the president of another subcontractor to Apprio and Vistant. Britt and Barnes also regularly funneled bribes to Watson, including cash, laptops, thousands of dollars in tickets to a suite at an NBA game, a country club wedding, downpayments on two residential mortgages, cellular phones, and jobs for relatives.

The bribes were also often concealed through electronic bank transfers falsely listing Watson on payroll, incorporated shell companies, and false invoices. Watson is alleged to have received bribes valued at more than approximately $1 million as part of the scheme. (read more)

Jun 9 2025

Bankers are Invincible


Posted originally on Jun 9, 2025 by Martin Armstrong 

Bankers

Switzerland-based Credit Suisse Services AG pleaded guilty to conspiracy to defraud the United States by enabling ultra-wealthy Americans to hide assets in offshore accounts. The agency admitted to hiding over $4 billion from the IRS in at least 475 offshore accounts between 2010 and 2021.

As reported by the DOJ: “Credit Suisse Services AG entered into a non-prosecution agreement (NPA) with the Justice Department’s Tax Division and U.S. Attorney’s Office for the Eastern District of Virginia in connection with U.S. Accounts booked at Credit Suisse AG Singapore. Under the NPA, Credit Suisse Services AG agreed to cooperate with the Justice Department in ongoing investigations and to pay significant monetary penalties for maintaining accounts in Singapore on behalf of U.S. taxpayers who were using offshore accounts to evade U.S. taxes and reporting requirements.”

Credit Suisse openly helped clients conceal assets from the IRS and took measures to ensure that the tax authority would not target their clients’ funds. The agency concealed income, falsified records, fabricated fake donations, and serviced over $1 billion in accounts out of compliance with US regulations.

The practice has become commonplace. The Singapore branch was found guilty of the precise crime in 2023 in a $2.6 billion scheme that ran between 2014 and 2023, but the agency received a mere slap on the wrist. The bank continued to serve undeclared accounts. The agency is receiving a slap on the wrist once more as it is required to pay $510.6 million in penalties, restitution, forfeiture, and fines. This is basically the cost of doing business, and potentially an advertisement for Credit Suisse.

This is the game. Big institutions are protected while smaller players are thrown in prison. If the average American failed to file their taxes, or misses a deadline for that matter, the government penalizes them by seizing up to 100% of the unpaid tax. If the amount unpaid exceeds $65,000, the US government will revoke your passport. If the US government deems that someone intentionally evaded taxes, as is the case with Credit Suisse, they send them to prison for up to five years, with the average sentence for knowingly evading taxes being 16 months. Credit Suisse may have paid the fine, but the bankers involved will face zero repercussions. The banks always claim ignorance, the regulators balance fines with cover-ups, and the press accepts the payout as punishment.

Jun 6 2025

Japanese’s Sovereign Debt Crisis


Posted originally on Jun 5, 2025 by Martin Armstrong 

Japan_Debt_Crisis_2025 6 5 25
Japan_Debt_Crisis_2025 INDEX 6 5 25

This is the first installment for our Institutional Clients concerning the two countries at the greatest risk of DEFAULT – Japan and Germany. We have provided the forecast for Japan’s default and explained in detail the internal battle between the Government, the Bank of Japan, and the Private Sector. This report exposes the truth about who holds what and the threat to instability as Japan also tries to cozy up close to NATO as a diversion for its fiscal mismanagement.

Investors have long fretted about the sustainability of Japan’s government debt as other nations, including Germany, are facing unsustainable fiscal mismanagement across the developed world. Japan has garnered the most attention due to its highest debt load relative to economic output and the heaviest debt-service burden. At the same time, the excuse has been that they are mostly self-funded, and as such, appearances are deceptive. Still, all Western nations are on a collision course with a sovereign debt crisis that will bring them all crashing down when the line at the door stops buying the new debt to roll over the old.

Japan’s fiscal mismanagement is not significantly worse than that of others. The pandemic, climate change, sluggish growth, and financial crises, accompanied by a lack of confidence, have led to an increase in government debt for many wealthy countries. At more than 250% of GDP, Japan’s gross debt stands out. Combined with sluggish growth and a shrinking population, many financiers and economists see it as an existential risk. The real question this report addresses is the real story behind the curtain, and when does this come to a head?

Jun 4 2025

“Negotiators Are Able To Wipe Out The Debt.” Jillian Barberie On Done With Debt


Posted originally on Rumble By Bannon’s War Room on: June 3, 2025, at 2:00 pm EST

May 31 2025

Silver Bars vs Coins


Posted originally on May 31, 2025 by Martin Armstrong 

SilverCoins

QUESTION: Marty,
There seems to be a growing trend with States approving gold and silver coins as acceptable payment methods. You have always said that it would be coins and not bars. However Florida now states that the silver must be 99% pure. How will this affect the pre 65 constitutional coins like dimes, quarters and half dollars generally referred to a junk silver? Junk silver coins will of course be worth more if the price of silver increases however it appears that one may not be able to use them for any daily transactions. Would one be better off selling their junk silver and converting it to silver rounds immediately? What does Socrates or Socrates Jr think on this topic as it is certainly a new wrinkle.
Thanks !
JimJ

ANSWER: I understand the act, and it only illustrates my point that when it comes to a silver bar, 99% of the people out there would NEVER know the difference between that and a bar of Nickel. That’s what I said; I prefer the pre-1965 silver coins because the average person can easily identify the date. They are ALREADY legal tender. So they are not demonetizing the silver coins.

Roll of Silver Eagles

The Roll of 20 – 2025 $1 American Silver Eagles are 99.9% silver. However, they are denominated as $1. This may be more confusing to the average smuck on the street. Personally, I have bags of silver coins, and I have a hoard of $20 gold coins that came from a central bank, which found them tucked away in the basement vault. They are all uncirculated 1924 Saints. This was a private offering.

1924 Gold Hoard 3