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THE SOVEREIGN SOCIETY OFFSHORE A-LETTER
Your Link to Freedom, Privacy & Prosperity in the Offshore World
Thursday, November 3, 2005 - Vol. 7 No. 222.
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In This Issue:
* COMMENT: Life Without True Liberty.
* OFFSHORE: Offshore Caribbean Suffering. Bush In Latin America.
* WEALTH: Anti-Money Laundering Laws A Mess
* PRIVACY & RIGHTS: Attack Of The RFIDs.
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COMMENT: Life Without True Liberty.
PATTAYA, THAILAND:
Dear A-Letter Reader:
Notwithstanding the favorable impressions I have gained of Singapore and Thailand and their people in the past week, lurking under the surface of both nations are highly troubling currents of oppression.
In Singapore, the Lee family, father and son, have exercised iron control over politics; elections there are a farce. The last time a major opponent dared run against Lee the younger, now prime minister, he was sued, jailed and harassed into bankruptcy. Not only is it a crime to spit on the streets of Singapore,possibly punishable by beating with a cane, it's an unwritten crime to oppose the regime.
Here in Thailand the government launched an anti-drug campaign last year that makes the futile efforts of the US DEA look like child's play. Alleged drug dealers and distributors here were rounded up by police in a series of raids and a reported 2,500 were summarily executed, shot in the head. The government and military control nearly all the national television networks and operate many of Thailand's radio networks as well as the banks.
As much as we have complained about the PATRIOT Act, relatively speaking, the US obviously is far ahead of Singapore and Thailand when it comes to respect for civil liberties, although we're on the slippery slope towards oppression.
In both Singapore and Thailand economic freedom exists and if you have money, assets and contacts, you can prosper. Singapore is impressive not only for its spotless cleanliness, but for the evident prosperity of its building boom. In Thailand as well, in Bangkok and here in the resort area of Pattaya, the 40-floor condos are going up everywhere, expat money is flowing in, and the world is beating the proverbial path to the Thai door.
But lurking in the near background in both places is the realization that the rule of law is no more than what the government says it is -- not unlike the attitude of the Bush administration back home on too many issues.
Sun, smiles and slogans do not true freedom create. Traveling as I have makes it all the clearer that liberty is a scarce commodity in most of the world -- and increasingly, in America as well.
That's the way that it looks from here in Thailand.
BOB BAUMAN, Editor.
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COMMENT LINKS:
* Thailand: The riddle of the South
LINK: http://news.bbc.co.uk/1/hi/world/asia-pacific/4264195.stm
* Thailand BCC profile. LINK:
http://news.bbc.co.uk/1/hi/world/asia-pacific/country_profiles/1237845.stm
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* FROM THE EDITOR'S DESK:
OFFSHORE:
* OFFSHORE CARIBBEAN SUFFERING
Bad enough that the OECD, FATF and other leftist busybodies are kicking small offshore financial centers. Add now US tourist and passport restrictions, hurricanes and it all gets to be to much.
* Let's go offshore! LINK:
http://www.caribbeannetnews.com/2005/11/03/offshore.shtml
* BUSH HEADS FOR LATIN AMERICA, PANAMA
Getting away from the mess in Washington, Pres. Bush will visit Panama and small group of protesters await.
LINK: http://abcnews.go.com/Politics/wireStory?id=1276421
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WEALTH:
* ANTI-MONEY LAUNDERING LAWS ARE A MESS
The Economist magazine explains in detail how idiotic anti-money laundering not only cost banks, businesses and you millions of dollars -- but they fail to detect terrorists.
LINK: http://economist.com/displaystory.cfm?story_id=5053373
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PRIVACY & RIGHTS:
* ATTACK OF THE RFIDS GOES ON
Radio frequency identification tags (RFID) have the potential to tracking us and all that we do. RFIDs invade privacy. LINK:
http://www.theroyalgazette.com/apps/pbcs.dll/article?AID=
/20051102/BUSINESS/111020155
* To RFID Or Not? LINK:
http://www.forbes.com/2005/11/01/rfid-walmart-savings-cx_rm_1031rfid2.html
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THE SOVEREIGN SOCIETY OFFSHORE A-LETTER.
* Bob Bauman, Editor * Daniel Aponte, Jr., Managing Editor.
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