{"id":6751,"date":"2015-03-23T14:36:09","date_gmt":"2015-03-23T19:36:09","guid":{"rendered":"http:\/\/olduvai.ca\/?p=6751"},"modified":"2015-03-23T14:36:09","modified_gmt":"2015-03-23T19:36:09","slug":"fighting-the-war-on-terror-by-banning-cash","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=6751","title":{"rendered":"Fighting the “War on Terror ” by Banning Cash"},"content":{"rendered":"

Fighting the “War on Terror ” by Banning Cash<\/a><\/h3>\n

It was just a matter of time before Western governments used the trumped up “War on Terror” as an excuse to drastically ratchet up the very real war on the use of cash and personal privacy that they are waging against their own citizens \u00a0 Taking advantage of public anxiety in the wake of the attacks on Charlie Hebdo and a Jewish supermarket,\u00a0France has taken the first step<\/a>. \u00a0It seems the terrorists involved partially financed these attacks by cash, as well as by consumer loans and the sale of counterfeit goods. What a shockeroo!\u00a0 The terrorists used CASH to purchase some of the stuff they needed–no doubt these murderers were also shod and clothed and used \u00a0cell phones, cars, and public sidewalks during the planning and execution of their mayhem. \u00a0 Why not restrict their use? \u00a0A naked , barefoot terrorist without communications is surely less effective than a fully clothed and equipped one. \u00a0Despite the arrant absurdity of blaming cash and financial privacy for these crimes,\u00a0\u00a0French Finance Minister Michel\u00a0Sapin\u00a0brazenly stated \u00a0that it was necessary to “fight against the use of cash and anonymity in the French economy.” \u00a0He then announced extreme and despotic measures to further restrict the use of cash by French residents and to spy on and pry into their financial affairs.<\/p>\n

These measures, which \u00a0will be implemented in September 2015, include prohibiting \u00a0French residents from making cash payments of more than 1,000 euros, down from the current limit of \u00a03,000\u00a0euros. \u00a0Given the parlous state of the stagnating French economy the limit for foreign tourists on currency payments will \u00a0remain higher, at 10,000 euros\u00a0down from the current limit of 15,000 euros. The threshold below which a French resident is \u00a0free to convert euros into other currencies without having to show an identity card will be slashed from the current level of 8,000 euros\u00a0to 1,000\u00a0euros. \u00a0In addition any cash deposit or withdrawal of more than 10,000\u00a0euros\u00a0during a single month will be reported to the French anti-fraud and money laundering agencyTracfin<\/a>. \u00a0French authorities will also have to be notified of any freight transfers within the EU exceeding 10,000 euros, including checks, pre-paid cards, or gold.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Fighting the “War on Terror ” by Banning Cash It was just a matter of time before Western governments used the trumped up “War on Terror” as an excuse to drastically ratchet up the very real war on the use of cash and personal privacy that they are waging against their own citizens \u00a0 Taking […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[4354,1035,4353,4355,333,864],"class_list":["post-6751","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-banning-cash","tag-cash","tag-cash-bans","tag-cash-restrictions","tag-france","tag-war-on-terror"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6751"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6751\/revisions"}],"predecessor-version":[{"id":6752,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6751\/revisions\/6752"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}