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RE: The Writing is on the Wall. The Canary is Dead. What are We to Do?

in #money8 years ago (edited)

Keeping your wealth in real property insures you'll get property tax which is another way of big brother saying "*on a long enough timeline, all your wealth is mine".

That's a perfect example of this country fulfilling the first plank of the communist manifesto:

  1. Abolition of private property and the application of all rents of land to public purposes.

If you don't have the allodial title to your land -- you don't own shit. If you don't have the MSO (Manufacturer's Statement of Origin) of your newly purchashed vehicle -- you don't own shit. I can go on ...

Lastly, if you have your bitcoin private key -- you own it all baby! God bless the nerds.

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I agree with you an all points for the most part. Property tax I find truly offensive due to the fact that eventually, they take it all... this after I paid income tax on the money earned, paid sales tax on the money spent, and paid invisible tax through purposeful inflation...

Only a state can have allodial title at this stage of the world until commercial space flight and colonization of other worlds becomes possible. All I can do is acquire it by their rules, stay off their radar and keep my wheel well greased, and make the offensive seizure of it not work the cost.

If you live in a world where there is someone more powerful than yourself (gov't, mafia, etc) then it is simply not possible to guarantee absolute ownership of anything physical. Even with something intangible/non-physical such as a bitcoin private key is vulnerable because I am physical and vulnerable to a "rubber hose" attack.

Please elaborate about the MSO? This differs from a standard title in what way?

MSO is the Manufacture's Statement of Origin and it is the equivalent of an allodial title. Every automobile that comes off the assembly line has a piece of paper associated with it like a birth certificate. That is the MSO.

Whenever you buy a car the MSO is transferred to the State where they microfiche it and then put it through the shredder. After your car is all paid off you receive the certificate of title -- not the MSO. The State is now co-owner of your car hence why you always need to pay registration to drive it. Source of my info is from Michael Badnarik's video below. Topic starts at 38min and 23 secs in:

Interesting. I actually had the MSO or equivalent for my boat (it was a test boat by Cummins from the hull manufacturer. I had to then go get the initial title as it hadn't been titled when I purchased it)