by Jeff Thomas, Sprott Money:
“Welcome to America, where your assets are literally the government’s business, and freedom is anything but free.” – Claire Bernish, the Free Thought Project
For some time, I’ve been forewarning readers that, as the governments of the former “free” world unravel, they’ll introduce capital controls, both to continue to fund their failing policies and to limit the freedom of their citizenries.
I’ve envisioned this as a “pincer” of sorts. First, it would be necessary to institute laws that allow authorities to confiscate the assets of anyone whom they “suspected” of a crime. (It’s essential to understand that an actual arrest is unnecessary, as that would allow the individual the opportunity to prove his innocence in a trial. No trial means he can never regain the confiscated assets.)