Bill Gates is now promoting “digital currency” in third-world countries, which will make the poor even more dependent on central banks while also turning them into guinea pigs for the development of a “cashless society” in the U.S. and Europe.
Gates outlined his plan for a cashless society in a letter published Thursday in which he proposed the poor have better access to mobile phones so they can store their financial assets digitally instead of keeping hard currency at home.
“The key to this will be mobile phones,” he wrote. “Already, in the developing countries with the right regulatory framework, people are storing money digitally on their phones and using their phones to make purchases, as if they were debit cards.”
“By 2030, two billion people who don’t have a bank account today will be storing money and making payment with their phones.”
But this will only enslave the poor into an electronic monetary system they don’t control, allowing central banks and the government unparalleled ability to confiscate money at will through taxes and “bail-ins.”
For example, after Cyprus’s largest bank was sunk from exposure to debt-crippled Greece, the Cypriot government looted people’s bank accounts in 2013 as part of a “bail-in” program with the International Monetary Fund and the European Central Bank.
“If you can do this once, you can do it again,” financial analyst Lars Seier Christensen wrote, who called the “bail-in” full-blown socialism. “If you can confiscate 10% of a bank customer’s money, you can confiscate 25, 50 or even 100%.”
By Kit Daniels – Infowars –
Demonstrators took to the streets of Berkeley, California for yet another march Monday night to protest the police-related deaths of Michael Brown and Eric Garner.
The march brought traffic to a crawl on both directions of Interstate 80 just before 9pm local time, as hundreds of protesters walked out onto the freeway.
Police were eventually able to break up the group, but cops and protesters faced off again on a pedestrian bridge stretching across the major thoroughfare.
The downtown Berkeley BART station was also shut down, and protesters in nearby Emeryville were pictured dramatically laying down on the tracks in front of Amtrak trains.
Monday’s protest follows two nights of violence and vandalism in Berkeley and Oakland, as a few rogue demonstrators broke into local businesses to loot and the California Highway Patrol deployed tear gas to combat some protesters who attacked the cops with explosives.
Eleven protesters were arrested in marches on Saturday and Sunday and appeared for their first arraignments Monday afternoon.
Activists in the Bay Area have been holding marches every night since last Wednesday, when a State Island grand jury decided not to indict the NYPD officer responsible for killing Garner with an illegal chokehold.
On Sunday, opportunistic thieves joined the demonstrations and broke into a RadioShack to loot the store for pricey gadgets.
By Ashley Collman – MailOnline –
Looting and violence has broken out in Ferguson in the wake of the decision not to indict Darren Wilson. Jake Tapper reported that people tried to smash in windows with bricks and police have fired tear gas to disperse crowds. Don Lemon is reporting people throwing bottles and confronting police.
By Aurelius – The Pundit Press –
FERGUSON, Mo. (AP) — Smoke billowed from burned-out buildings and sidewalks were strewn with broken glass Tuesday morning after Ferguson erupted over a grand jury’s decision not to indict a white police officer in the killing of unarmed black 18-year-old Michael Brown.
Firefighters were dousing the blackened remains of some businesses and at least one was still ablaze. Some Ferguson stores that weren’t burned had smashed display windows, but the streets of the St. Louis suburb were mostly clear.
Monday night’s protests were far more destructive than any of those that followed Brown’s Aug. 9 death, with more than a dozen businesses badly damaged or destroyed. Authorities reported hearing hundreds of gunshots, which for a time prevented fire crews from fighting the flames.
There were 61 arrests in Ferguson overnight, many for burglary and trespassing, St. Louis County Police spokesman Brian Schellman said. There were 21 arrests in St. Louis, where protesters broke some store windows along South Grand Avenue, St. Louis Mayor Francis Slay said.
Jon Belmar, chief of the St. Louis County police, said that unless his agency could bring in 10,000 officers, “I don’t think we can prevent folks who really are intent on destroying a community.”
At least eight people were injured during the overnight protests, including two people who were admitted to Barnes-Jewish Hospital for treatment of undisclosed injuries. That hospital treated and released five people and Saint Louis University Hospital treated and released another. Several other hospitals didn’t immediately respond to phone messages and emails seeking comment….
By JIM SALTER and DAVID A. LIEB – Associated Press –