https://twitter.com/TTEcclesBrown/status/1715385472913158430
🌈 Tess T. Eccles-Brown, PhD
@TTEcclesBrown
Sorry, Gen Z opts out of the WW3 draft
so 'winners' knowingly self-destruct or willingly compromise to the beast politricks shitstem?
Who are those 'winners' serving? Not truth, honor, virtue, clarity, or anything else those agaiinst deception serve.
Turkey providing air refueling capabilities to Iran
heading towards Pakistan now.
https://globe.adsbexchange.com/?icao=4b8201
A large number of US Air Force military aircraft are arriving in the Mediterranean.
China replaces defense minister, out of public view for 2 months, with little explanation
https://www.cbsnews.com/news/china-defense-minister-replaced-li-shangfu/
China has replaced Defense Minister Gen. Li Shangfu, who has been out of public view for almost two months with little explanation, state media reported Tuesday.
Li is the second senior Chinese official to disappear this year, following former Foreign Minister Qin Gang, who was removed from office in July with no explanation offered.
Li, who became defense minister during a Cabinet reshuffle in March, hasn't been seen since giving a speech on Aug. 29. There is no indication that the disappearances of Qin and Li signal a change in China's foreign or defense policies, although they have raised questions about the resilience of president and ruling Communist Party leader Xi Jinping's circle of power.
China Defense Minister
File photo: Chinese Defense Minister Li Shangfu salutes before delivering a speech in Singapore, on June 4, 2023. Vincent Thian / AP
Xi has a reputation for valuing loyalty above all and has relentlessly attacked corruption in public and private, sometimes in what has been seen as a method of eliminating political rivals and shoring up his political position amid a deteriorating economy and rising tensions with the U.S. over trade, technology and Taiwan.
Li is under U.S. sanctions related to his overseeing weapon purchases from Russia that bar him from entering the country. China has since cut off contacts with the U.S. military, mainly in protest over U.S. arm sales to Taiwan, but also strongly implying that Washington must lift the measures against Li, which Beijing refuses to publicly recognize.
The announcement from state broadcaster CCTV said that both Li and Qin had been removed from the State Council, China's Cabinet and the center of government power. That virtually assures the end of their political careers, although it remains unclear whether they will face prosecution or other legal sanctions.
China's political and legal systems remain highly opaque, fueling lively discussion of possible corruption, personal foibles or fallings-out with other powerful figures leading to the downfall of top officials.
Indo-Pacific News - Geo-Politics & Defense News
@IndoPac_Info
Ferry Alert: #PLA related RO-RO ferry ship that #China can use for amphibious operations has left its normal ferry routes.
Need to keep eyes on this just in case China is planning a move on #Taiwan.
Quote
Tom Shugart
@tshugart3
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2h
Ferry Alert: PLA-associated RORO ferry Bo Hai Zhen Zhu (Bohai Pearl) has left its normal ferry routes on the Yellow Sea and is headed south, with a claimed destination of Xiamen.
https://twitter.com/IndoPac_Info/status/1716787057845235782
Kim Dotcom
@KimDotcom
Despite western propaganda and support from the corrupt hypocrites who run the ‘rules based international order’ Israel is losing globally because decades of abuse against the Palestinians have not gone unnoticed. The potential for escalation is evident.
https://www.zerohedge.com/crypto/irs-proposes-unprecedented-data-collection-crypto-users
IRS Proposes Unprecedented Data-Collection On Crypto Users
For two years, the cryptocurrency world has been waiting to see how the Internal Revenue Service (IRS) would implement the Infrastructure Investment and Jobs Act. Put simply, this law established new reporting requirements that risked setting a de facto ban on cryptocurrency mining and exposing millions of Americans to new felony crimes. The good news is that the IRS’s nearly 300-page proposal is not quite as bad as it could have been under the law. However, that is far from saying it is good policy.
As citizens, companies, and consultants finish crafting their comment letters ahead of the October 30 response deadline, it’s important to take a step back and recognize why businesses should not be required to report customers to the government by default.
Recalling back to 2021, the Infrastructure Investment and Jobs Act was about building roads, bridges, and the like — it was not about cryptocurrency or financial reporting. It wasn’t until funding was desperately needed to offset spending that members of Congress slipped in two provisions to increase financial surveillance over cryptocurrency users. Their argument was that increasing surveillance would increase tax revenue, effectively accusing cryptocurrency users of tax evasion.
At the time, the Joint Committee on Taxation estimated that the provisions would yield around $28 billion in tax revenue over 10 years. Without a way to replace the funding, attempts to remove the controversial reporting requirements were ultimately rejected.
The $28 billion figure was questionable at the time. And less than a year later, the Biden administration released its budget, which contained a vastly different estimate. In contrast to the $28 billion estimated by the Joint Committee on Taxation, the Biden administration estimated that only $2 billion would be received over the next 10 years. And now, even that number might be an overestimation as Treasury officials acknowledged that the estimates were based on a very different market.
The IRS summary of its proposal for imposing new data-collection requirements on cryptocurrency service providers. Source: U.S. Federal Register
With cost-offsetting out the window, what is left appears to be little more than another brick in the wall of U.S. financial surveillance.
The IRS’s proposal, again, doesn’t seem as bad as it could have been since the proposal does exclude miners and some software developers for now. Still, the proposal chooses a concerning path for deciding who should be required to report customers.
The premise seems to be partly based on “whether a person is in a position to know information about the identity of a customer, rather than whether a person ordinarily would know such information.” The proposal states that this distinction is made because some platforms “have a policy of not requesting customer information or requesting only limited information [but] have the ability to obtain information about their customers by updating their protocols.” For this reason, the proposal states that the IRS expects some decentralized exchanges and selfhosted wallets may be forced to report their customers’ private information.
p1
The IRS reports 1,726 comments received so far.
Those are rookie numbers.
Unless you want:
-
Every crypto site and wallet to have your SSN, and
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Nodes, devs, governance, & LPs to be brokers in technical noncompliance,
Take 2 mins to use @LeXpunK_Army 's comment tool NOW https://t.co/USYAHKdxic pic.twitter.com/1d8ijWbjVG
— CryptoTaxGuy.ETH ⌐◨-◨ 🦇🔊🛡️ (@CryptoTaxGuyETH) October 17, 2023
In other words, even though businesses may have no reason to collect sensitive, personal information from customers, the baseline that the IRS is working with is whether they have the ability to do so. That may be somewhat limited given the focus is on businesses providing a service, but “the ability to collect information” seems to be little more than “collection by default.”
While concerning, this approach should not come as a surprise. The U.S. government has slowly been establishing broader financial reporting requirements with the Bank Secrecy Act, the Patriot Act, and many other laws and regulations. The provisions in the Infrastructure Investment and Jobs Act and the resulting proposal from the IRS are just the latest iteration of this expansive framework.
Yet rather than continue to expand the range and depth of financial surveillance, now should be the time to question the premise as a whole. In a country where Americans are supposed to be protected by the Fourth Amendment, businesses should not be forced to report their customers to the government by default. Activities like using cryptocurrency for payments, receiving over $600 on PayPal after a garage sale, or getting a paycheck from a job should not put you on a government database.
Steering away from this surveillance status quo might require fundamental changes to U.S. law, but that’s not to say doing so is a radical idea. When surveyed by the Cato Institute, 79 percent of Americans said that it is unreasonable for banks to share financial information with the government and 83 percent said that the government should need a warrant to obtain financial information.
It is those principles that should guide the discussion forward. So, while the October 30 response deadline is just around the corner, commenters should weigh both what the proposal does and doesn’t say.
Furthermore, although the present focus is very much on the IRS, let’s not forget that the responsibility to fix both the current situation and the larger financial surveillance status quo lies in the halls of Congress. At the end of the day, the IRS is doing what Congress told it to do. So, it’s Congress that needs to step in to reform the system as a whole.
2 of 2
perhaps, but he did not make those videos, nor is he incorrect.