Blog description.

Accentuating the Liberal in Classical Liberal: Advocating Ascendency of the Individual & a Politick & Literature to Fight the Rise & Rise of the Tax Surveillance State. 'Illigitum non carborundum'.

Liberty and freedom are two proud words that have been executed from the political lexicon: they were frog marched and stood before a wall of blank minds, then forcibly blindfolded, and shot, with the whimpering staccato of ‘equality’ and ‘fairness’ resounding over and over. And not only did this atrocity go unreported by journalists in the mainstream media, they were in the firing squad.

The premise of this blog is simple: the Soviets thought they had equality, and welfare from cradle to grave, until the illusory free lunch of redistribution took its inevitable course, and cost them everything they had. First to go was their privacy, after that their freedom, then on being ground down to an equality of poverty only, for many of them their lives as they tried to escape a life behind the Iron Curtain. In the state-enforced common good, was found only slavery to the prison of each other's mind; instead of the caring state, they had imposed the surveillance state to keep them in line. So why are we accumulating a national debt to build the slave state again in the West? Where is the contrarian, uncomfortable literature to put the state experiment finally to rest?

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Thursday, November 26, 2015

National’s Anti-Money Laundering & Countering Financing of Terrorism Monster - iPredict the State Gulag


This piece of Soviet legislation took down the brilliant iPredict today:


Prediction website iPredict is to be closed down, with the Government deciding it represents a money laundering risk.

The site, run by Victoria University of Wellington's commercialisation arm, VicLink, issued a statement to its website and on Twitter on Thursday.

According to the iPredict statement, Associate Justice Minister Simon Bridges refused to grant it an exemption from the Anti-Money Laundering and Countering Financing of Terrorism Act, declaring that it was a "legitimate money laundering risk" because of the lack of customer due diligence.


The raison d’etat of the Act revolves around identifying all individuals to a financial or property transaction. The cost of that on the economy, however, is huge. I have a small client base, but the reach of the Act’s bureaucracy is too much for me:









Although, of course, my problem is chiefly philosophical. It’s always about philosophy. Put this Act together with the tax surveillance state, and the Soviet reference in my first sentence is no hyperbole (remember Twitter – don’t mind the typo):






Yes, the Left getting in will finish off the economy and take us all to the Big State Gulag (also), but these National autocrats are way past their use-by date. If I could stand people in numbers – I can’t – I'd say go get your pitchforks and meet me in the foyer.

PS: hope everyone got their flag voting slips in (FFS). National, the party which put back the ‘us’ at the front of useful idiots.




3 comments:

  1. This is very strange. No one in their right mind could think iPredict would be used to launder money. What is really going on here?

    ReplyDelete
    Replies
    1. It's the control paranoia of autocrats, Paul. At the working level that Act is like a virus, stultifying every consensual financial transaction.

      Delete
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