Have the American People Given Up? By Jocelynn Smith, Managing Editor Dear Sovereign Investor, Well, have we?
If the pair of white flags flying from the top of the Brooklyn Bridge are anything to go by, the answer is a resounding "yes."
On Tuesday morning, it was discovered that someone — or multiple someones — had scaled the massive towers of that iconic landmark to replace the billowing American flags with a pair of white flags. And to add to the drama, these weren't just ordinary white flags. No, they were bleached American flags.
The white flag has come to mean one of two things: 1. A temporary truce in which the two sides talk without the threat of violence.
2. Surrender. Which brings me back to my initial question: Have the American people given up?
They've been beaten down by a government that was designed to serve them. Privacy has vanished under the constant and intrusive surveillance of the NSA, while more laws pop up almost daily to micromanage our lives in accordance with what the government — via a cloying display of lobbyists — believes is best for us.
And this is all happening as Americans live under the threat of wealth confiscation, because our government spends money like an irresponsible lottery winner that has so far put the country $17 trillion in the hole.
The tiny optimist is me would like to think the white flags are a sign of someone calling a temporary truce, where we put our accusations and threats aside and sit at a table as equals and adults again to discuss the future of our country.
But that requires honesty, integrity, trust — not to mention fiscal responsibility — on the part of our government, and they've shown little evidence that they are even capable of such things.
Surrender, of course, isn't the only option available. The Sovereign Society is continually looking for ways to help you protect yourself and your wealth. We'll be meeting in Panama this September for the Total Wealth Symposium, where we've gathered a variety of experts to talk about asset protection, expatriation and offshore investment strategies. For full details, click here.
Regards,
Jocelynn Smith
Managing Editor, Sovereign Investor Daily P.S. If you missed some of last week's Sovereign ideas, please see our commentaries below: Government Confiscation of Dormant Assets
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A place in America Where Yield Really Does Exist
The decade of yield is still strongly in play … which is why EverBank is offering a unique opportunity for a high-yield money market account. Today, EverBank is opening the doors for you to the Yield Pledge® Money Market Account ... an account you can open with just $1,500. It's one of the highest-yielding money market accounts in the country — currently offering a 1.5% six-month bonus interest rate with a first year annual percentage yield (APY) of 1.06% on balances up to $50,000 for first time money market account holders. For full details and important disclosures click here or call EverBank at 877-626-3837 and mention offer code 13567.
Higher Minimum Wage Leads to Inflation
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