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Keyword: cash

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  • DNC enters 2018 in cash panic (donors take a knee)

    10/22/2017 4:48:58 PM PDT · by Libloather · 22 replies
    Politico ^ | 10/22/17 | GABRIEL DEBENEDETTI, EDWARD-ISAAC DOVERE
    LAS VEGAS — The Democratic National Committee is reeling, facing a turnaround that's proving a much bigger lift than anyone expected as it struggles to raise enough money to cover its basic promises. Many donors are refusing to write checks. And on-the-ground operatives worry they won’t have the resources to build the infrastructure they need to compete effectively in next year’s midterms and in the run-up to 2020. Here in the halls of Bally's hotel and casino for the DNC's fall meeting through the weekend, state committee chairs and operatives echoed a now-common concern among donors and strategists: The DNC's...
  • Russian spy suspect missing in Cyprus, say police

    06/30/2010 4:12:26 PM PDT · by Bad~Rodeo · 17 replies
    BBCNews ^ | Wednesday, 30 June 2010
    One of 11 suspects accused by the US of spying for Russia has gone missing after being freed on bail on Cyprus. The man, a Canadian, named by police as Christopher Metsos, was due to sign in at a police station in the coastal town of Larnaca but did not show. He was held at Larnaca airport on Tuesday as he tried to board a plane to Budapest, a day after the US said it had held 10 other suspects. Mr Metsos was awaiting a hearing for extradition to the US. He had been staying alone at a hotel in...
  • These countries have gone mostly cashless

    10/16/2017 12:42:39 AM PDT · by SaveFerris · 77 replies
    Yahoo! Finance ^ | Thu, Oct 12 2:59 PM CDT | Brittany Jones-Cooper
    They say that cash is king, but newer and more convenient payment methods are gunning for the crown. These days, more and more countries are adopting cashless payments, which includes credit card purchases, contactless payments, mobile banking apps and digital options like Apple Pay. To see which countries were adopting cashless the quickest, Forex, a global travel site, conducted a study comparing 20 of the world’s largest economies. In the report, Canada was singled out as the country most embracing cashless technology, which could be attributed to its population changing attitudes that began several years ago. A recent survey in...
  • In a Cashless World, You'd Better Pray the Power Never Goes Out

    10/11/2017 9:43:03 AM PDT · by markomalley · 52 replies
    Mises Institute ^ | 10/10/17 | Ryan McMaken
    When Hurricane Maria knocked out power in Puerto Rico, residents there realized they were going to need physical cash — and a lot of it. Bloomberg reported yesterday that the Fed was forced to fly a planeload of cash to the Island to help avert disaster: William Dudley, the New York Fed president, put the word out within minutes, and ultimately a jet loaded with an undisclosed amount of cash landed on the stricken island...[Business executive in Puerto Rico] described corporate clients’ urgent requests for hundreds of thousands in cash to meet payrolls, and the challenge of finding enough armored cars to satisfy endless demand at...
  • Mnuchin won’t say if he wants Tubman on $20 bill

    08/31/2017 2:48:07 PM PDT · by Oldeconomybuyer · 47 replies
    San Jose Mercury-News ^ | August 31, 2017 | By MARTIN CRUTSINGER, ASSOCIATED PRESS
    WASHINGTON — Treasury Secretary Steven Mnuchin is raising speculation that Harriet Tubman’s future on the $20 bill could be in jeopardy. In a CNBC interview, Mnuchin on Thursday avoided a direct answer when asked whether he supported the decision made by the Obama administration to replace Andrew Jackson on the $20 bill with Tubman, the 19th century African-American abolitionist who was a leader in the Underground Railroad. “People have been on the bills for a long period of time,” he said. “This is something we’ll consider. Right now, we have a lot more important issues to focus on.”
  • New Hamas Leader Says It Is Getting Aid Again From Iran

    08/29/2017 2:22:04 AM PDT · by Libloather · 1 replies
    US News ^ | 8/28/17 | FARES AKRAM, JOSEF FEDERMAN,
    GAZA CITY, Gaza Strip (AP) — Hamas' new leader in the Gaza Strip said Monday his group has repaired relations with Iran after a five-year rift and is using its newfound financial and military aid to gear up for new hostilities with Israel. The announcement by Yehiyeh Sinwar came as U.N. Secretary-General Antonio Guterres was visiting Israel. At a meeting with the U.N. chief, Israeli Prime Minister Benjamin Netanyahu complained about what he called rising anti-Israel activity by Iran and its allies in the region. Iran was once the top backer of Hamas, an Islamic militant group that seeks Israel's...
  • Wasserman Schultz’s IT Muslim Spy Arrested By FBI Enroute to Pakistan After 300K Wire

    07/26/2017 6:21:04 AM PDT · by ptsal · 88 replies
    Pamela Geller ^ | July 25, 2017 | Luke Rosiak
    Florida Democratic Rep. Debbie Wasserman Schultz’s top information technology (IT) aide was arrested Monday attempting to board a flight to Pakistan after wiring $283,000 from the Congressional Federal Credit Union to that country.[snip]In March, his wife Hina Alvi, who also was on the House payroll, withdrew her children from school and left the country, the affidavit says. The Capitol Police confronted her at the airport but could not stop her. “U.S. Customs and Border Protection conducted a search of Alvi’s bags immediately prior to her boarding the plane and located a total of $12,400.00 in U.S. cash inside. Alvi was...
  • Why Cash Remains Sacred in American Churches

    06/23/2017 1:06:53 PM PDT · by 2ndDivisionVet · 4 replies
    Real Clear Religion ^ | June 23, 2017 | James Hudnut-Beumler
    On Tuesday, June 27, it will be 50 years since the first automated cash dispenser – which came to be known as an automated teller machine (ATM) – was inaugurated in London. Just thinking about it brings a smile to my face. I belong to the generation who stood 45 minutes to an hour to deposit or cash checks in the pre-ATM era. I remember getting yelled at for taking my bicycle through the drive-up line at the National Bank of Detroit to avoid the much longer line inside. It did not take me very long to become an early...
  • Senate Bill to Force Citizens to Register Cash Not in a Bank, Violators Get 10 Years in Prison

    06/18/2017 12:10:52 PM PDT · by lowbridge · 116 replies
    thefreethoughtproject.com ^ | June 17, 2017 | Claire Bernish
    A new bill seeks to track your money and assets incessantly, will enjoin any business with government ties to act as a de facto arm of DHS, and would steal all of your assets — including Bitcoin and other cryptocurrencies — should you fail to report funds when traveling with over $10,000. Under the guise of combating money laundering, Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” ramps up regulation of digital currency and other autocratic financial controls in an attempt to ensure none of your assets can escape one of the State’s most nefarious, despised...
  • You won’t believe this stupid new law against Cash and Bitcoin

    06/15/2017 10:06:36 AM PDT · by Lorianne · 18 replies
    Sovereign Man ^ | 14 June 2017 | Simon Black
    This one is almost too ridiculous to believe. Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.” https://www.congress.gov/bill/115th-congress/senate-bill/1241/text#toc-idea0e9489fc8f46379f95bb56c8bbbda5 You can probably already guess its contents. Cash is evil. Bitcoin is evil. Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil. These people are certifiably insane. Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”. Civil Asset Forfeiture rules allow the...
  • Romney Says Hillary Encouraged Him to Seek SOS Job [semi-satire]

    06/11/2017 12:51:34 PM PDT · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 11 June 2017 | John Semmens
    Former Republican presidential candidate and Massachusetts Governor Mitt Romney says former Secretary of State Hillary Clinton "encouraged me to actively seek her old job. 'Don't let your differences with Trump scare you off,' she told me. 'I had differences with Obama, but I put those aside to take the job.'" "She was very sympathetic to the fact that I had spent tens of millions of dollars of my own money running against Obama for the presidency," Romney recalled her saying. "'You can get that back and more just like I did. When you're Secretary of State you have say-so over...
  • Traceability in a Sustainable World: Part 2

    02/26/2010 9:23:45 AM PST · by Sons of Union Vets · 108+ views
    THE DEVIL IS IN THE DETAILS ^ | February 26, 2010 | JD
    In Part 1, I introduced you to GS1. A United Nations sanctioned not for profit organization with an intent to tag every thing with RFID technology. In this article I will expand on GS1, as well as introduce you to pilot projects, organizations, and people working to implement this agenda. This article will give readers a introduction to the cashless society, as well as the groups and people behind it...... ....a brief review of some history is necessary. Many reading this will be familiar with the Earth Charter. This document more than any other helped lay the foundation of the...
  • Iran Using U.S. Cash to Fund Unprecedented, Massive Military Buildup

    05/03/2017 10:33:42 AM PDT · by ForYourChildren · 27 replies
    Washington Free Bacon ^ | 05/03/2017 | Adam Kredo
    Tehran seeks to completely overhaul, revamp military might to counter U.S.! Iran is using the billions in cash resources provided under the landmark nuclear deal to engage in an unprecedented military buildup meant to transform the Islamic Republic's fighting force into an "offensive" juggernaut, according to a largely unreported announcement by Iranian military leaders that has sparked concern among U.S. national security insiders and sources on Capitol Hill. Iranian officials announced late last month that Iran's defense budget had increased by 145 percent under President Hassan Rouhani and that the military is moving forward with a massive restructuring effort aimed...
  • IMF Working Paper: The Macroeconomics of De-Cashing

    04/08/2017 7:43:04 AM PDT · by oblomov · 17 replies
    International Monetary Fund ^ | March 2017 | Alexei Kireyev
    I. INTRODUCTION 1. De-cashing is defined as the gradual phasing out of currency from circulation and its replacement with convertible deposits. This initiative does not in any way target the abolition of money as an institution, but is, rather, a sweeping reduction of the role of currency, its cash component, in favor of transferrable deposits, its non-cash component. The monetary authorities in many countries have already taken steps towards de-cashing. These steps include abolishing large denomination bills, imposing ceilings on cash transactions, introducing declaration requirements on the carriage of cash in and out of the country, reporting requirements for cash...
  • Washington is behind India's cash ban. Is this the first step to a global ban on cash?

    01/13/2017 7:04:16 AM PST · by Weeble · 28 replies
    In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. U.S. President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the Indian ministry of finance to push back the use of cash in favor of digital payments in India...
  • Homeland Security Rationing Ammo to Agents in the Field

    03/13/2017 1:53:31 PM PDT · by Whenifhow · 36 replies
    WND ^ | March 12 2017 | STEVE PEACOCK
    U.S. Immigration and Customs Enforcement says it possesses a “limited amount” of 9mm bullets for agents in the field as well as for training purposes, and it is rationing its ammunition based on internal requests until it can award a new contract. [ ] The apparent role poor planning, or another agenda, played in the issue came to light when ICE said it would have run out of 9mm ammo by June 2017 in the absence of a modified contract with its supplier, Vista Outdoor Inc. So, the agency last month approved a $363,307 ceiling increase to contract No. HSCEMS-11-D-00002....
  • Montana budget picture starts shaping up amid cash shortfall

    02/23/2017 1:46:58 PM PST · by davikkm
    HELENA, Mont. (AP) - A budget analysis shows the work that the Montana Legislature has done so far this session would leave the state in the black financially but with about half the cash reserves that Gov. Steve Bullock wants. The preliminary analysis released Wednesday shows budget subcommittees cutting $46 million more in general fund spending than the governor’s budget proposal. The state would have $159 million in reserves in 2019, compared with the $300 million cushion Bullock is seeking.
  • Quiet Victory for Elites Accelerates Cashless Agenda

    02/14/2017 1:30:47 PM PST · by Lorianne · 33 replies
    World leaders and economists are pushing harder than ever toward a cashless society. With anti-cash measures already being tested in Europe and the Third World, itÂ’s only a matter of time until the global elite push for the same in the U.S. Will globalistsÂ’ dream of a cashless society soon become reality? Plotting in Switzerland Last month, members of the World Economic Forum, more commonly known as the Davos Elite, met for their annual gathering in Switzerland, and the pursuit of a global cashless society was a major topic on their agenda. Nobel Prize-winning economist Joseph Stiglitz, a key member...
  • Davos Elites Call For a Ban on Physical Cash... in the US.

    Joseph Stiglitz, Nobel Prize-winning economist, thinks so. Phasing out currency and moving towards a digital economy would, over the long term, have “benefits that outweigh the cost,” the Columbia University professor said on day one of the World Economic Forum's Annual Meeting in Davos… “I believe very strongly that countries like the United States could and should move to a digital currency,” he said, “so that you would have the ability to trace this kind of corruption. There are important issues of privacy, cyber-security, but it would certainly have big advantages.” https://www.weforum.org/agenda/2017/01/the-us-should-get-rid-of-cash-and-become-a-digital-economy-says-this-nobel-laureate-economist
  • A well-kept open secret: Washington is behind India’s brutal experiment of abolishing most cash

    01/02/2017 7:10:24 PM PST · by oblomov · 62 replies
    Money and More ^ | 01 Jan 2017 | Norbert Häring
    In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington's role has been disguised only very superficially. weiterlesen US-President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. China needs to be reined in. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the...