When struggling consumers hear about offshore banking, they naturally think such assets only apply to the rich. Secret bank accounts issued in the name of a confidential number, often portrayed in mystery movies, are less prevalent than a stake in an oversea property estate. Cash in a financial institution is an easy reporting task for foreign banks. Although, most Americans do not possess such wealth, many do have an interest in real property or chattel ownership in portable entities that are outside the physical soil of the country. Even if you are not one of these fortunate beneficiaries, the principle behind the (FATCA) statue can certainly apply a broad interpretation domestically.
Only a public relations genius would roll out a news channel in the domestic American TV market with the name Al Jazeera. Sparing no expense, this new leap into sober journalism has not been seen since the formation of regional news bureaus in the days when CNN was a serious network. The Current TV purchase, financed by the Qatar government, shows that money can buy glitz and glamour, when reporting from the trenches of global conflicts or personal tragedies. Notwithstanding, hiring known retreads or celebrity has-beens, the cast of characters that will present this new version of reality, needs to earn creditability for the public to overlook the image of the corporate logo.
Hey FANS, are you ready for more football? How much do you know about the business end of your favorite entertainment addiction, the NFL? The revenue stream from media contracts, ticket sales, official NFL products and products, government stadium subsidies and syndication rights has reached enormous levels. The pie has grown from a sandlot clubhouse hobby to a billionaire jet set club. Now that fantasy football is in full swing, the beleaguered but rabid buff, sticks with their voyeurism as they act out their heroism celebration. Devotees of the noble sport seek the thrill of victory, but experience the agony of defeat in their pocketbook.
Before you jump to a conclusion that the famous quote from Ronald Reagan is still operative, examine the sentiment of the throngs of benefit seekers who actually believe that government help is a good thing. The historically impaired reads this Reagan quip as a talking point out of the Obama playbook. Demanding your own government welfare tailored to the needs of your perceived little slice of paradise, is the new American dream. The reason why empirical evidence of a stained record and miserable failure of government programs does not resonate with the vast expanse of the great unwashed, boils down to the simple fact that the assistance deficient multitude, insist that they are owed a never ending flow of public financed payback.
Theologians preach that religion is based upon faith, while economists depict that the world runs on money. Many confess that ministries repeatedly lose their way, while no one really disputes churches operate as business enterprises. The actual purpose of such churches varies with different dominations, but organized religion frequently functions more like a “PC” soapbox than a congregation of moral values. Often, it is all about the money, because they operate their worldly business, even if they profess to be a spiritual mission. The vast temple empires of modern day evangelism ignore the bible verse that talks about “we are in the world, but not of the world”.
When thespians become caricatures of a popular culture that accelerates the demise of civilization, the routine loses all comic relief. The dramaturge of classic theater, relegated to the standing room galley or the cheap seats, creates a void in context and meaning. Today the promenade of audience interaction merges with the performance of a surreal life play. Looking into the rabbit hole applauds an adventure in the wonderland of narcissism by adopting the cult of celebrity.
When Barack Obama uttered those fateful words: “If you’ve got a business — you didn’t build that. Somebody else made that happen”, the entire mindset of the collectivist culture crystallized. Business for the crony capitalist is an exclusive privilege of the select, while the inborn right of the entrepreneurial individual is a conditional quest, contingent upon the body politic. A society based upon a tribute obligation to obtain a state license for conducting natural business transactions, is inherently wrong.
If the human race survives into the future, the history of the current age will be entitled – A Love Affair with Authority. As the 21st century unfolds, the existential struggle between group worship of government and an inherent autonomy revolt against a popular culture of state obedience seems to forecast doom for civilization. By any measurable standard of success, the prospects of rescuing a society based upon human dignity and natural law is vanishing in a technocratic system of coerced compliance and punitive punishment. The limits of individual behavior are severely restricted to the requirements of the State and the willful confines of self-induced conformity.