============================
THE SOVEREIGN SOCIETY OFFSHORE A-LETTER
Your Link to Freedom, Prosperity & Privacy in the Offshore World Wednesday, November 27, 2002 - Vol. 4 No. 125
===============================
In This Issue:
* COMMENT: Support Washington's Mideast foreign policy (George Washington's, that is)
* OFFSHORE: Taxes slashed. Credit Suisse woes. Gibraltar: good news. Upcoming conference.
* WEALTH: US-Saudi relationship. Chinese investments. Tariffs eliminated? Unclaimed withholding taxes. Euro skids.
* PRIVACY & RIGHTS: Civil forfeiture horror. Identity theft ring smashed. EU spy rule.
================================
* ADVERTISEMENT *
Options 101: How to Make 898% Profits on a $50 Investment Discover how to consistently pull in double- and triple digit profits using a secret "money switch" that has been kept under lock and key by savvy investors for years. Best of all, you only risk as much or as little as you choose -- and still have maximum profit potential for minimum bucks.
* Stop worrying about your dwindling portfolio and take control of your investments. Learn how to turn on the "money-switch" with options and prepare for 296%, 898% or even 1,202% profits in minimal time and with limited risk. Click below for details.
LINK: http://www.agora-inc.com/reports/400SOPTCA/ProfitSecret
================================
Our Guest Comment is by Ron Holland, a financial consultant specializing in global strategies, asset protection and retirement planning. –Mark NESTMANN, Associate Editor
==============================
* COMMENT: Support Washington's Mideast Foreign Policy (George Washington's, That Is)
By Ron Holland
"The great rule of conduct for us, in regard to foreign nations is, in extending our commercial relations to have with them as little political connections as possible. It is our true policy to steer clear of permanent alliances, with any portion of the foreign world". --George Washington
Dear A-Letter Reader,
America has forgotten the sound foreign policy advice given by our first president, George Washington.
With trillions spent on defense, our government is unable to defend America from a rag tag group of Islamic militants who may have nuclear, chemical and biological weapons. Our rulers tell us that we must wait for the next attack. And that we must accept the loss of civil liberties to fight an ill-defined "War on Terror."
Why are Islamic extremists targeting America? It is because they view the United States as taking sides in the Middle East. As we prepare for war against Iraq, that perception will inevitably become stronger.
With the collapse of the Soviet Empire, there is no cold war power struggle going on in the Middle East. So, why are we there? Israel, our primary ally in the region, will continue to exist as long as the Israeli people have the will to defend themselves and the Arabs will sell their oil until it runs out.
George Washington's wise advice was free trade with all nations and political alliances with none. That advice is just as relevant today as it was 200 years ago.
That's the way that it looks from here.
Ron Holland,
Asheville, North Carolina
==================================
* COMMENT LINKS:
* Ron Holland's Web site.
LINK: http://www.ronholland.com
* The Washington Empire's War Threatens Your Liberty & Investments (Ron Holland).
LINK: http://www.ronholland.com/Viennaspeech.htm
* Backers of Taliban, al Qaeda, take power in key Pakistani province.
LINK: http://www.nytimes.com/2002/11/26/international/asia/26STAN.html
* Americans now at risk even in "friendly" countries.
LINK: http://www.washingtontimes.com/world/20021126-90497032.htm
---
NOTICE: In observation of the US holiday, there will be no Friday edition of The A-Letter on Nov. 29. In its place you will receive details of a special offer for A-Letter readers. We will resume normal A-Letter service on Dec. 3rd.
================================
* OFFSHORE *
TAXES SLASHED. LONDON: JERSEY and GUERNSEY plan to reduce corporate taxes to zero. LINK:
http://www.tax-news.com/asp/story/story.asp?storyname=10106.
----
CREDIT SUISSE RATING DOWNGRADE. S&P lowers debt rating as CS struggles to rebuild lost equity. LINK:
http://news.ft.com/servlet/ContentServer?pagename=FT.com/Story
FT/FullStory&c=StoryFT&cid=
1037872311586&p=1012571727108
-----
FINALLY, SOME GOOD NEWS FOR GIBRALTAR.
A clean bill of health from the Financial Action Task Force. LINK:
http://www.gibraltar.gov.gi/gov_depts/finance/financial_service_ commission.htm
-----
UPCOMING CONFERENCE.
Your editor Robert BAUMAN will attend the 2nd Annual Congress on International Tax Planning and Money Laundering, December 4-6, 2002 at the Fontainebleau Hilton Resort, Miami Beach, Florida. LINK:
http://www.taxmoneylaundering.com/contenidos.php?op=5.
=============================
* ADVERTISEMENT *
Panama offers some of the cheapest beach front in the Caribbean, the best retiree benefits in the world and it's the most sophisticated offshore haven in the Americas. Here a piece of tropical island beach front costs just $25,000, your bank account secrecy is protected by law and, as a foreign retiree, you get a 50% discount on hotel stays, a 30% discount on public transport and much more. Armed with International Living's Panama Country Kit, an in-depth guide to top legal, tax, banking contacts and real estate opportunities, you can take advantage of every exciting opportunity in Panama right now. To find out more, click here:
LINK: http://www.agora-inc.com/reports/120SPVOM/W120CBS3/
=================================
* WEALTH *
US-SAUDI RELATIONSHIP RE-EXAMINED.
"Charitable contributions" from the wife of the Saudi ambassador to Washington to alleged terrorists under the microscope. More outflows of Saudi funds from the US expected. LINK:
http://www.washingtontimes.com/national/20021126-99840096.htm.
-----
CHINA TIGHTENS UP FOREIGN INVESTMENT.
Prelude to WTO membership or a sop to domestic manufacturers? LINK:
http://www.tax-news.com/asp/story/story.asp?storyname=10109
-----
US WANTS TO ELIMINATE TARIFFS.
A radical proposal would cut all duties on manufactured goods to zero by 2015. LINKS:
http://www.nytimes.com/2002/11/26/business/worldbusi
ness/26TRAD.html
http://news.ft.com/servlet/ContentServer?pagename=FT.com/ StoryFT/FullStory&c=StoryFT&cid=
1037872286355&p=1012571727088
-----
BILLIONS OF WITHHOLDING TAXES GO UNCLAIMED EACH YEAR.
Over US$6 billion in taxes on cross-border securities transactions needlessly goes to the taxman. LINK:
http://www.tax-news.com/asp/story/story.asp?storyname=10095.
-----
EURO ON THE SKIDS.
Economic stagnation, soaring taxes, labor strife dim outlook. Now at three-week low verses the US$. LINK: http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/ FullStory&c=StoryFT&cid=
1037872262528&p=1012571727088
* German cabinet approves tax hike.
LINK: http://www.tax-news.com/asp/story/story.asp?storyname=10072
* Striking truckers block traffic in France.
LINK: http://www.nytimes.com/2002/11/25/international/europe/ 25CND-FRAN.html
=================================
* PRIVACY & RIGHTS *
CIVIL FORFEITURE HORROR IN US. A UK
citizen living in Florida jailed incommunicado and subsequently made homeless by civil forfeiture.
LINK: http://www.geocities.com/pvmoor/mystory.txt.
* Forfeiture Endangers American Rights, the leading group advocating
civil forfeiture reform. LINK: http://www.fear.org.
---
LARGEST IDENTITY THEFT RING EVER SMASHED.
30,000 credit reports stolen with losses now pegged at $2.7 million and rising.
LINKS:
http://www.nytimes.com/aponline/national/AP-Identity-Theft.html
http://www.washingtontimes.com/business/20021126-7626960.htm
---
GERMANY, AUSTRIA OPPOSE EU SPY RULE.
Proposal would mandate retention of all telecommunications data for one year. LINK:
http://www.online.ie/news/viewer.adp?article=1887372.
==================================
THE SOVEREIGN SOCIETY OFFSHORE A-LETTER.
*SUBSCRIBE FREE or send to a friend at LINK: HOME
PLEASE DO NOT RESPOND DIRECTLY TO THE A-LETTER. SEND E-MAIL TO: INFO@THESOVEREIGNSOCIETY.COM
=====================================
The A-Letter provides accurate information on the subject matter covered and advertisements displayed, so far as we can ascertain. We cannot certify the absolute accuracy of referenced articles nor do we necessarily endorse products advertised herein.
====================================
THE SOVEREIGN SOCIETY Ltd., 5 Catherine St., Waterford, Ireland TEL: 353-51 844 068 FAX: 353-51 304 561 Copyright (C) 2002. All domestic & international rights reserved.