
 Total   
  
 Number of Transactions   47   1,995 
 Gross Notional Value $   45,908,000   1,300,780,241 





Regards,

Louise ====================================================================
THE SOVEREIGN SOCIETY OFFSHORE A-LETTER
Your Link to Freedom, Privacy & Prosperity in the Offshore World
Tuesday, December 12, 2000 - Vol. 2  No. 58
====================================================================
In This Issue:
* COMMENT: The Money Laundering Farce Must End -
Insatiable FATF. Nauru's Billions. Swiss Reputation. ML Links.

* OFFSHORE: Bahamas Bank Quits. Anti-OECD Group. BVI & Man Folding?
Bermuda Independence Back Again.
$$ The Offshore Money Manual - Don't Go Offshore Without It $$

* WEALTH: Tax News from US, Ireland, Russia, Gibraltar. Diamond Boom.
$$ The World's Six Best Retirement Havens $$

* PRIVACY: U.K. Snoop Law Countered. Wired Privacy Link. Web Phones.
====================================================================
COMMENT: The Money Laundering Farce Must End
by Bob Bauman, Editor.

One of the major arguments of the world money police is the imagined
need to stop "money laundering." They claim widespread abuse of banking
and other financial systems by sinister criminal forces. Offering little
proof, artful officials use their questionable premise to justify a
supposed right to monitor and record all financial transactions. By
design, banks and their employees have been forced into the unwanted
role of spies and police deputies.

In the only popular uprising against this arrogant attack on financial
privacy, in 1999 protests from hundreds of thousands of irate Americans
forced the US government to back down on so-called "Know Your Customer"
rules. The KYC proposals would have made every American banker a
government vetting agent, with a duty to investigate, watch for and
report supposed "suspicious activity" of all account holders. (Since
then the Clinton administration has pressed banks to adopt "voluntary"
KYC rules in spite of these protests).

From earliest history, unless restrained, governments always have used
every available tool to spy on citizens. Until this trumped up money
laundering scare the consensus in
Total   
  
  Number of Transactions    47    1,995 
  Gross Notional Value $    45,908,000    1,300,780,241 





 Regards, 

 Louise = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = 
 THE SOVEREIGN SOCIETY OFFSHORE A - LETTER 
 Your Link to Freedom, Privacy & Prosperity in the Offshore World 
 Tuesday, December 12, 2000 - Vol. 2   No. 58 
 = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = 
 In This consequence: 
 * remark: The Money Laundering Farce Must End - 
 Insatiable FATF. Nauru's Billions. Swiss Reputation. ML Links. 

 * OFFSHORE: Bahamas Bank Quits. Anti - OECD Group. BVI & Man Folding? 
 Bermuda Independence Back Again. 
 $ $ The Offshore Money Manual - Don't Go Offshore Without It $ $ 

 * WEALTH: Tax News from US, Ireland, Russia, Gibraltar. Diamond Boom. 
 $ $ The World's Six Best Retirement Havens $ $ 

 * PRIVACY: U.K. Snoop Law Countered. Wired Privacy Link. Web Phones. 
 = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = 
 gossip: The Money Laundering Farce Must End 
 by Bob Bauman, Editor. 

 One of the major arguments of the world money police is the think 
 indigence to stop " money laundering. " They claim far-flung maltreatment of banking 
 and other fiscal systems by sinister criminal forces. offer little 
 proof, artful officials use their questionable premise to apologize a 
 supposed right to monitor and record all fiscal transactions. By 
 design, savings bank and their employee have been forced into the unwanted 
 role of spies and police deputies. 

 In the only democratic uprising against this arrogant attack on financial 
 privacy, in 1999 protests from hundreds of thousands of irate Americans 
 pull the US government to back down on so - called " Know Your Customer " 
 rules. The KYC proposals would have made every American banker a 
 government vetting agent, with a duty to investigate, watch for and 
 report card supposed " suspicious activeness " of all explanation holders. (Since 
 then the Clinton administration has pressed bank to adopt " voluntary " 
 KYC rules in spite of these protests). 

 From early history, unless restrained, governments always have used 
 every available tool to spy on citizen. Until this trumped up money 
 laundering scare the consensus in

 Tohal   
  
 Number of Transxctions   47   1,995 
 Yeoss Nmtionam Value $   45,908,000   1,300,780,241 





Regards,

Louise ====================================================================
THE SOVXREITN SOXIETY OFFSHORE A-LETTER
Hour Link to Freeeom, Krivacy & Prosperivg in thc Offamore Cocld
Tuesday, Decekber 12, 2000 - Von. 2  No. 58
====================================================================
In This Irsbe:
* COMMENT: The Money Laundering Farcq Must Rnf -
Insatiable FWTF. Mwuru'a Billions. Swiss Reputation. ML Linis.

* OFFSIORE: Bahamas Bamk Quits. Anti-OECD Group. BVL & Mwn Folding?
Bermuda Lndependencg Basj Again.
$$ The Uffshore Money Manual - Don't Go Offshore Without It $$

* WDALTH: Tax News drim KV, Ireland, Rnssia, Dibraltar. Diamond Bomm.
$$ The Eorld's Six Besb Retmremwnt Havens $$

* PRIVACY: U.N. Snoop Law Counteted. Wired [rnvacy Link. Web Phones.
====================================================================
XONMENT: The Mondt Lxunsecinf Farcf Mnst End
by Bkb Bauman, Eeitor.

One of the majpr qrguments of fhe wowlq money police is the imagined
need to suop "mkney laundering." They clqim widespread abuse lf bankind
and other financial systems by sinister criminal forcxs. Ofycving oihtle
proof, artful officials use their questionwglt pgemise to justify a
supposed tihhy to monitor avd record all financial trajsactiogs. By
eesign, bagks snd their employees have bewn forced inno tye unwanted
role of spies and 'olice depuyies.

In the only popular uprjsing againdt this adfogant attack on fikanwial
privacy, in 1999 protests fwom hundrxds oy thousavds pf iraee Americajs
forgad the US governmejt to bdck down oj so-called "Know Your Customer"
rules. The KYC prppmsans would have made every Aierican banker a
goverument xetting agvnt, with e duty to indestigate, watwj for and
repmrt suppjsed "suspicious xctivity" of alk account holders. (Sunce
then the Clintpn xsministration hcr pressed banks yo xdo[t "vpltttary"
KYC rulas iv soote ow these probesgs).

Frpm earliest history, gnleas restrained, govetnients alqays havq used
every afailable tool to sky on ritizeis. Untol jhis trumped up money
laundering scare thf cjnsensus in
Total Number of Transactions 47 1,995 Gross $ 1,300,780,241 Regards, ==================================================================== THE SOVEREIGN to Privacy & Prosperity the Offshore World December 12, 2000 - Vol. 2 58 ==================================================================== In This Issue: * COMMENT: The Money Laundering Farce Must End Insatiable FATF. Nauru's Billions. Swiss Reputation. ML Links. * OFFSHORE: Bahamas Bank Quits. Group. & Folding? Independence Back Again. $$ The Offshore Money Manual - Don't Go Offshore Without It $$ * Tax News from US, Ireland, Russia, Gibraltar. Diamond $$ The World's Six Retirement Havens $$ * PRIVACY: Snoop Countered. Wired Link. Phones. COMMENT: The Money Farce Must End by Bob Bauman, Editor. One of the major arguments of the world money police the imagined stop "money They widespread of banking and systems by sinister criminal forces. Offering officials use their questionable premise to justify a right to and record all financial transactions. By banks and their employees have been forced into unwanted role of spies and police deputies. In the only popular uprising against this arrogant financial privacy, in 1999 from hundreds of of Americans the government to down on so-called "Know Your Customer" rules. The KYC proposals would made every American banker a government vetting agent, with a investigate, for and report "suspicious activity" of all holders. then the Clinton administration banks adopt in of protests). From earliest history, restrained, governments always have used available tool to spy up money laundering scare the consensus in

 Total   
  
 Number of Transactions   47   1,995 
 gross NotioNal VaLue $   45,908,000   1,300,780,241 





regArDs,

LoUise ====================================================================
tHE SOVEREIGN SOciETY oFFSHORE A-LETTER
Your LinK to FrEeDOm, PrIVaCy & ProSperity IN tHE offShOrE WoRlD
tuEsday, decEmber 12, 2000 - VoL. 2  No. 58
====================================================================
In This ISsuE:
* CoMMENT: The MonEY LAundering FArcE Must End -
InsaTiaBle FATf. NAurU'S BillIonS. SwisS ReputATion. ML links.

* OFFShOre: BahamAS Bank QuITS. ANti-OeCD Group. BVI & Man FolDInG?
bermuda IndepenDence BAcK agAIN.
$$ ThE OfFshore MoneY MAnual - dOn't Go OfFShORE witHOut It $$

* WEALTH: TaX News from US, iRelAnd, RusSiA, GiBRaltar. diamoNd bOom.
$$ the World's SiX BesT RetiremeNt HaveNS $$

* PRIVACy: u.K. Snoop law CouNteRed. wireD prIvAcy liNK. WeB phOneS.
====================================================================
cOMmENT: The MOnEy laundErinG fARCe MuSt ENd
by bob BaUman, Editor.

One Of tHe maJOr aRgumeNts of The wOrLd monEy poliCe is tHe Imagined
need to sTop "mOney laundEriNg." theY cLaim wIDespreAd aBusE of bankIng
and oTHer FiNANCiAl systems by sinisteR cRIMiNal forceS. OfferINg LiTTle
proof, ArTfuL offICIals uSe thEIr QuestionAble prEMiSe To justiFy A
suppoSeD riGht To monITor aNd recoRd all finAnciaL Transactions. By
DEsign, banks and THeIR EmPLoyeEs hAve been forcEd inTO the UnwaNTeD
roLE of spIes anD pOLiCE deputies.

In the only pOpUlar upRisinG against this aRrogant attACK On financIal
pRIvACy, in 1999 protests frOm hunDreds of thoUSands of iRate AMericans
Forced the us GovernmeNt tO baCk dOwn ON So-Called "Know YouR cUstoMeR"
rules. THe KyC propoSalS woUld HavE mAde every AMerican bAnKeR a
GoVerNment VEtting agEnT, wiTh A duTy to iNVestigAte, waTch fOr AnD
RepOrt suppOSeD "SUspiCiOuS actIviTy" Of all AccoUNt hOlders. (SInce
then tHe CLIntoN aDmInistraTion has presseD bAnks to adopT "vOluNtary"
Kyc Rules in sPite of these protests).

From EArliest HisTory, uNlesS restrainEd, gOvernmEntS Always Have usEd
eveRy AvaILAble tOOL tO spY oN citizens. UNTIl tHis trUmPed uP money
lAundering scare the cONseNsus in

 Total   
  
 Number of T ransaction s   4 7  1, 99 5 
Gros s Notional Val u e $  45,908,000   1,300,7 80,24 1


Re gards ,

Loui s e= = === == == === == = == ===== === ======= ========== === == ============ = == ======
THE  SO VEREIGN SOCI ETY  OFFSH OR E A - LETTE R
Y our L ink to Freedo m, Privac y&  Prosp e rity in t he  Off shore World
Tuesd a y, December 12, 2 000 -Vo l .2  No . 5 8
======== == ===== = ======= = == = = = === = ============= =========== = === ====== =InT his Is sue:*C OMM ENT: The Mo neyLaunderin g Farc e  Must E n d -
Ins atiabl e F ATF . Na u ru 's  Bi ll i ons .  S wis s  Re putation .ML  Link s.
* O F FSHO RE:  Bah amasBank Quits. A nti -OEC D  Gr oup.BVI &  Man  F oldin g?
Ber mudaIn dependence Back  Aga in.
$$ Th e O ff sho re  Mone y  Manua l -  Do n't GoOffshor e  Wi th o u t  I t $$

* WEALTH: Ta xN e ws  from US , Irel a nd ,R ussia, G ib ral tar. D iamon d Bo o m. 
$$ TheWorld' s  S ix  Best R et iremen tHav ens  $$
*  PRI VACY:U.K. Sno op La w  Countered. Wi r ed Privacy Li n k. W eb Phon es. 
========== ==== = ==== ==== = == === = ===== ===== == = == = =================== == =
COMM ENT:The Money Lau ndering Fa r c e  Must En d
by Bo b  Bauman, Edito r.

O ne of them ajor arg ument s of the  world mo n e y police  is  th e i mag i n ed 
need to stop " mone ylaunder ing ." They  cl aim  wi des pr ead abuse  of bank in gan doth er fi n ancial s ys tem sbysinis t er cri minal  for ce s. Off ering l i tt l e 
pro of ,artf ulof ficia ls u s e t heir qu estionabl e p r emis eto  justif y a
supposedri ght to mon it orand re c o rd all f inancial transactions.B y
desig n,banks  and  their em plo yees h ave been f orcedintoth e u n w anted r ol e o fspies andp o lic e dep ut ies. 

In th e only popular upr i sin g against thi s a rrog a n tatt a ck onfi n anc i a l
privacy, in 1 999 protes ts fr om hundred s  of  t housand s of ir ate A m ericans 
forced t he US gov er nmen t toback downon so-ca lled "Kno w  Your Cu stome r"rules.  T heKYC p roposa l s w ouldhave m ad e ever y Ame ri can bank er a
government vetting  agent , wit h a  duty toinv e sti gate, wat ch f or and
rep ort  su ppose d " s uspic ious ac tiv i ty" o f al l  accounth ol der s .  ( Since
thent h e  Cl inton  ad m inistr atio n has pressed ban k s to adopt "vo lunt a r y"KYC rule sin spite of th ese  p r o tests).
F rom earlies t histor y, unles s rest rained , gover n m en t s alwa ys h ave  used
eve ryav a ilableto ol to spy  onci tizens . Unti l  thi s trumped up money 
laun d e rings car e the  c onsensu s  in

 Total_ _
  
 Number_of Transactions__ 47__ 1,995 
_Gross Notional Value_$   45,908,000_  1,300,780,241_





Regards,

Louise_====================================================================
THE SOVEREIGN SOCIETY OFFSHORE A-LETTER
Your Link to Freedom, Privacy & Prosperity in the Offshore_World
Tuesday,_December 12,_2000_-_Vol. 2  No. 58
====================================================================
In_This Issue:
* COMMENT: The Money_Laundering Farce_Must End -
Insatiable FATF. Nauru's Billions. Swiss Reputation._ML_Links.

* OFFSHORE: Bahamas_Bank Quits. Anti-OECD Group. BVI & Man Folding?
Bermuda Independence_Back Again.
$$ The Offshore Money Manual_- Don't Go_Offshore_Without_It $$

* WEALTH: Tax_News from US, Ireland, Russia, Gibraltar._Diamond Boom.
$$ The World's Six Best_Retirement Havens $$

* PRIVACY: U.K. Snoop Law_Countered. Wired Privacy Link. Web Phones.
====================================================================
COMMENT:_The Money Laundering Farce Must_End
by Bob_Bauman, Editor.

One of the major_arguments of the_world money_police is the_imagined
need to stop "money laundering." They_claim widespread abuse_of banking
and other financial systems by_sinister_criminal forces. Offering_little
proof,_artful_officials use_their questionable premise_to_justify a
supposed_right_to monitor and record all financial_transactions._By
design, banks and their employees have been_forced into the unwanted
role_of_spies and police deputies.

In_the only popular uprising against_this arrogant attack on financial
privacy, in_1999 protests_from hundreds_of thousands of irate Americans
forced the US government to back down_on so-called "Know Your Customer"
rules. The_KYC proposals would have_made every_American_banker a
government vetting_agent,_with a_duty to investigate, watch for and
report supposed_"suspicious activity"_of all account holders. (Since
then the_Clinton administration has pressed_banks_to adopt "voluntary"
KYC rules in spite_of these protests).

From earliest history, unless_restrained, governments always have used
every_available_tool_to spy on citizens. Until_this trumped up money
laundering scare the_consensus in