Time to Shoot the Bastards?

America is at that awkward stage.It’s too late to work within the system,but too early to shoot the bastards.
-- Claire Wolfe

Recent events in Cyprus have made it abundantly clear that governments around the world will no longer even pretend to recognise limits on their powers. First it was the Euzis going after bank accounts in Cyprus- and that was such an idiotic move that the Cypriots managed to get perhaps one lawmaker to vote in favour of the measure. Then the Euzis went even further and decided that they would simply ignore a sovereign parliament and seek to impose conditions of their own anyway. Now Cyprus has effectively imposed capital controls to stop money from leaving its banking system. And we have word that Spain is thinking of putting in a levy on bank deposits as well, along with perhaps every other European government out there, all in the name of preserving a mythical European Union that could never have lasted half as long as its founders envisioned. Now we have a recent District Court ruling that purports to show that the relationship between a depositor and his bank is one of creditor to debtor. Effectively, this means that if you have money sitting in any bank, you are lending a corporation your money, not making a deposit to be held in your name in safety and in perpetuity.

I have seen this story before. It did not end well for many people. In 1998, in response to the Asian Financial Crisis, Dr. Mahathir Mohammed (then Prime Minister of Malaysia) imposed draconian capital controls and flatly refused to accept IMF bailout money with the usual stringent austerity conditions. He was roundly vilified for doing this at the time, and his approach to solving the fiscal and monetary crises that destroyed his country's economy does not sit well with the libertarian instinct to leave things be. There is no denying the fact that Malaysia recovered faster and better than almost all of its neighbours, though, especially Indonesia and the Philippines. Those who put their faith in an IMF bailout along with strict austerity measures lost huge amounts of money- particularly Singaporean investors in Malaysia, whose accounts and assets were frozen with no ability to access or modify their holdings. Government policy created the Crisis; government solutions prolonged the Crisis; and government in the wake of the Crisis has very likely failed to learn the lessons of the Crisis.

When Claire Wolfe wrote that it is not yet time to shoot the bastards who keep inflicting these immoral outrages upon us, she probably just got the timing slightly wrong. The reality is that we are fast approaching the point where governments will simply take whatever they feel is necessary to justify their continued existence. That includes your hard-earned money. And if you accept their right to do this, then you have no one to blame but yourself. I do not- yet- advocate armed violence against agents of the government, but the moment the State crosses the line and begins taking money from citizens at gunpoint, that threshold will have been crossed. Once they do this, there is no going back.

There is only one option left to you: resistance. And if you are reading this, or anything like it on any of the hundreds of Manosphere blogs out there, you are the resistance.

Resistance in this case means, very simply, getting your money out of this country. Don't give the government anything to take from you. There are alternatives out there. For instance, it is possible to open a bank account in the Cayman Islands via post, and the average citizen can do it without too many hassles. There are no capital gains or death taxes on those deposits. (I suppose that for legal reasons I should also point out that if you do this, you might potentially run afoul of the triple-damned IRS if you don't report income from those deposits.) Another possible alternative is Singapore or Switzerland- although in Singapore's case, as far as I can tell it's not half as easy as it is with the Cayman Islands to open an offshore account.

Consider putting your money into hard assets as well. One of my major goals this year is to start buying physical gold, rather than just the GLD ETF- which is not secured with physical assets. Don't forget ammo and guns either. And if you're thinking of buying a car, buy one that will give you good mileage, absolute reliability, and decent protection against depreciation (which is not an easy combination, by the way, so be careful).

The government will come after you. Of that there can no longer be any question. When the giant pyramid scheme that is this nation's banking system begins to collapse (again), the government will inevitably attempt to do three things (again). First, it will print money and destroy the currency in the process, in a valiant(ly stupid) attempt to stave off the final reckoning. Second, it will attempt to impose capital controls on money entering and leaving the country, in the name of "stabilising" the currency. Third, it will impose price and then wage controls on all basic goods, in order to make things "fair" for everyone. When this final line is crossed, the doom of this nation will be sealed.

Do what you can to protect yourself and those you love. And if those closest to you refuse to recognise the threat, well, there's not a whole lot you can do for them. Like Rollo says, "save those you can, read last rights to the dying".

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