Friday, November 8, 2013

Cotacachi, Ecuador: Griller Guy for NOV/DEC 2013 Tail Gator Magazine-

Cotacachi, Ecuador: Griller Guy for November/December 2013:

Dave Schroeder was interviewed by Tailgater magazine … 

Interview by Jane Ehrhardt: http://www.tailgatermonthly-digital.com/tailgatermonthly/20131112?u1=promo1#pg34

Indigenous peoples - Death in the Amazon

  MINUTES before its planned release on September 25th a judge in Ecuador blocked the distribution of “A Tragedy Hidden Away”, a book detailing a massacre of 20-odd members of one indigenous Amazonian tribe, the Taromenane, by another, the Waorani. The authors, Miguel Ángel Cabodevilla, a Capuchin missionary, and Milagros Aguirre, a journalist, promptly distributed it via the internet. Faced with a public outcry over the censorship, the judge reversed her decision two days later.

  That was the latest twist in the tragic tale of tribal warfare. An uncontacted, or “hidden”, tribe, the Taromenane are protected under Ecuador’s 2008 constitution. Article 57 protects the hidden peoples from “ethnocide” and blocks their territories from incursion to guarantee their rights and survival. Not, it seems, against the Waorani (who as a “recently contacted” tribe do not enjoy similar protection)...http://www.economist.com/blogs/americasview/2013/11/indigenous-peoples
via:http://latinamericacurrentevents.com/ecuador-death-in-the-amazon/29968/

Drone mapping the pyramids of Zuleta in Ecuador

By Mark Willis
  The Pyramids of Zuleta are one of the hidden treasures of the Andes. Built around 1,000 years ago, by the native Caranqui people, these earthen mounds and platform pyramids dominate the landscape near Hacienda Zuleta in the mountains of northern Ecuador and 110 kilometres north of Quito.
 
  Unlike much of our planet, high resolution aerial imagery and digital elevation models are unavailable for this part of the world. This is due to the fog that often blankets the area and the agrarian nature of the region. As a part of a team of archaeologists who visited the site in August 2013, we aimed to change that.
Pyramids deep within the canyon.
Pyramids deep within the canyon.

Mark Willis Programming the UAV while in flight.
Mark Willis Programming the UAV while in flight.
  
A challenging task Using a small, hand-launched, Unmanned Aerial Vehicle (UAV aka drone) equipped with a downward facing camera and a sophisticated autopilot system, we documented the site as it has never been seen—from extremely low altitude and at high resolution.  
  This was a challenging task as most of the pyramids are located in the bottom of a steep constricted canyon inhabited by Andean Condors. To make things more challenging there were high winds, clouds, and quirks of the micro-climates within the canyon to contend with. In spite of that, we were able to fly nine missions and collect hundreds of photographs in just a couple of days...http://www.pasthorizonspr.com/index.php/archives/10/2013/drone-mapping-pyramids-zuleta-ecuador




Why Ecuador?: 4 Types of Internet Expats (and why they should be...

Why Ecuador?: 4 Types of Internet Expats (and why they should be...: I originally posted this on my other blog Life Unmapped , but felt it would be of value here also since many of our readers are potenti...

Thursday, November 7, 2013

Are You Prepared For a US Bank Bail-In? - the dollar vigilante blog

 [Editor's Note: The following post is by TDV Editor-in-Chief, Jeff Berwick] 03 NOV 2013
If you have cash in a US bank, you can expect to have the federal government take it all the next time US banks find themselves in trouble.  

The days of the federal government stealing money from taxpayers, or borrowing it from the Federal Reserve, to save troubled banks -- as in they did in the 2008 crisis -- may be over. Congress is considering imitating the theft in Cyprus and letting troubled banks "bail-in" depositor money in order to make themselves solvent. 

Jim Sinclair, chairman and chief executive officer of Tanzania Royalty Exploration Corp., and whose family started Goldman Sachs, Salomon Brothers, Lehman Brothers, and others, has been warning of this for a while.

 “Bail-ins are coming to North America without any doubt, and will be remembered as the ‘Great Leveling,’ of the ‘great Flushing’. Not only can it happen here, but it will happen here...It stands on legal grounds by legal precedent both in the US, Canada and the UK."

If you don't get your money out now, possibly by end of this year or sooner, you may not be able ever to get it out. Once doors are closed the federal government might do a bank holiday and bail in to make the banks "solvent" again. At best you may get some "bank equity" that is both illiquid and which will ultimately be worth a tiny fraction of the deposit it replaces. 


And, not to mention FATCA coming into effect in July 2014 it will be nearly impossible for an American to get a bank account outside the US (it already is, but will be even worse). Now is the time to get your assets in an offshore account and TDV can help. Click here to learn more about how with TDV Offshore...http://dollarvigilante.com/blog/2013/11/04/plans-in-place-for-a-us-bank-bail-in.html

Tuesday, November 5, 2013

The Top 6 Reasons Why Everyone Needs a Second Passport - 30 OCT 2013



The Top 6 Reasons Why Everyone Needs a Second Passport


By Nick Giambruno
Doug Casey has said over and over that spreading your political risk beyond one jurisdiction is the single most important thing he can recommend today.
Obtaining a second passport and citizenship in another country is a critical part in heeding Doug's advice.
This is because it's a fundamental step towards minimizing the political risk of being subjected to the whims of any single government.
The political diversification benefits that come with obtaining a second passport are universal and prudent for anyone in the world to obtain… especially those under a desperate (fiscally or otherwise) government.
Here are the top six reasons why everyone needs a second passport.

Reason #1: More Internationalization Options

Obtaining a second passport can literally open the door to a world of internationalization options for your assets and income that are off limits to citizens of certain countries. This is especially true for Americans, who are often treated as if they have the plague when they attempt to open foreign financial accounts and are increasingly being forced to close the ones they already have.
Due to the ever-growing pile of regulations, foreign banks and brokerages are making the logical business decision that the costs of compliance outweigh any benefits of having Americans as clients. Opening a foreign financial account as an American citizen ranges from being impossible to very difficult in most circumstances.
When you consider the totality of it, these vast regulations amount to a soft form of capital controls, which will likely turn into overt capital controls at some point in the future.
Obtaining a second passport can also make purchasing real estate in foreign countries easier. For example, while it is an excellent place to consider for a bolt-hole, Switzerland is a notoriously difficult place for a foreigner to purchase real estate. However, certain foreigners (EU citizens) have fewer restrictions imposed on them others.

Reason #2: More Visa-Free Travel

One characteristic of a good passport is how much visa-free travel it allows. Applying for a visa that has to be approved before your trip (as opposed to being able to obtain it at the border) is a real hassle. Having to jump through hoops in advance of a trip can be a frustrating, time-consuming, and costly process.
Brazil, Chile, and Argentina all collect a visa fee (of about US$160) from travelers who present a US passport.
According to a recent study, Finnish and Swedish passports offer visa-free travel to the most countries. Not surprisingly, a country like Afghanistan has one of the least useful passports. You can find more information on this study as well as the rankings of countries according to the visa-free access of their passports here.

Reason #3: Avoid Foreign Policy Blowback

If your home government has developed a bad habit of sticking its nose in the internal affairs of other nations, it could make you a target should you happen to be in the wrong place at the wrong time. Like an upscale shopping mall in Kenya in late September 2013.
There are, of course, passports that have minimal foreign policy blowback risk. For example, when was the last time you saw Swiss passport holders targeted?

Reason #4: Preempt Travel/People Controls

A second passport can also come in handy when a government decides to starting treating its own citizens as beef cows instead of milking cows (i.e., when they need more soldiers for war) or if passport restrictions and other types of people controls are implemented.
In any case, it prevents your home government from basically placing you under house arrest by revoking or cancelling your passport for any reason it sees fit.
The Syrian government, for example, previously refused to renew the passports of Syrians abroad whom it suspected of being associated with the opposition. This is not surprising and should have been completely predictable. Any government could and would behave in a similar manner as they all have the ability to revoke the citizenship and/or passport of their citizens at a moment's notice under any pretext that they find convenient. Just look at how the US cancelled Edward Snowden's passport by fiat.
It is not inconceivable that the US government would make it more difficult for Ron Paul supporters and libertarians to travel internationally one day in the future. Heck, they have already taken the first step and labeled them potential domestic terrorists.
The bottom line is that if you hold political views that the establishment of your home government does not like, don't be surprised when they decide to restrict your travel options. In this case, having the political diversification that comes from having a second passport is even more important.

Reason #5: You Don't Have to Live Like a Refugee

It's like how the old Tom Petty song goes… "You don't have to live like a refugee."
Having a second passport ensures that you will always have another place to potentially call home, another place where you will always have the legal right to live and work. In worst case scenarios, a second passport guarantees that once you get out of Dodge, you won't have to live like a refugee.
Having citizenship in another country gives you the legal right to live and work there and possibly other countries. EU citizens have the right to live and work in the 28 member countries.

Reason #6: Renunciation

In all likelihood, you will need a second passport should you decide to take the drastic step of renouncing your citizenship. This allows you to reap huge tax and regulatory benefits if your home country burdens its citizens with suffocating and inescapable tax policies.
It should be noted that the US has what amounts to an "exit tax" for citizens who renounce and meet certain conditions. This puts a premium on renouncing before you qualify to be stung with the "exit tax." It is an especially attractive option for entrepreneurial and internationally-mobile young Americans who have a large portion of their potential earnings still in the future.
Of course, few will actually follow the path of Facebook co-founder Eduardo Saverin or singer Tina Turner and take the extreme step of renunciation. And you certainly don't need to. There are MANY other ways you can internationalize and reduce your political risk.

Not Easy, But Necessary

Unfortunately, there are no paths to obtaining a legitimate second passport that are at the same time fast, easy, and inexpensive.
However this does not diminish the necessity of doing so. Political risk is growing in most parts of the world (especially the West). This is especially true for countries in deteriorating fiscal health, which will predictably turn to increasing measures to squeeze their citizenry for every penny they can get away with.
You have probably noticed there is a lot of misinformation and bad advice out there regarding second passports, which, if followed, could likely end up causing you significant problems and limiting your options. Your goal should be the opposite: minimizing your problems and expanding your options.
It is essential in these shark-infested waters to have a trusted resource like Casey Research to provide you with reliable information. You can find our top picks for the best countries to obtain a second passport in and how to do it here.