Around the traps.

The world seems to be going full fascist, and Austria, yet again, is leading the way. Both in the fascism and the pushback against the same. Which is making their leaders double down.

The Austrian government is hiring people to “hunt down vaccine refusers,” according to a report published by Blick.

Yes, really.

The burden for enforcing the fines unjabbed Austrians will have to pay as part of their punishment will fall to their employers, necessitating a new army of ‘inspectors’ to ensure that process is running smoothly.

The city of Linz, which is home to 200,000 inhabitants, has a relatively low vaccination rate of 63 per cent.

In response, “Linz now wants to hire people who are supposed to hunt down vaccine refusers,” reports Swiss news outlet Blick.

The role of the inspectors will be to check on “whether those who do not get vaccinated really pay for it.”

The vaccine refusenik hunters will receive a wage of 2774 euros, which will be paid 14 times a year, making an annual income of 38,863 euros.

Nice work if you can get it.

“The job includes, among other things, the creation of penal orders as well as the processing of appeals,” according to the report, adding that workers need to be “resilient” and willing to work a lot of overtime.

The jobs are only open to Austrian citizens, all of whom will either have to be vaccinated against or fully recovered from COVID.

Roosh is reading Mary Shelley’s Frankenstein. The monster hated his creator. He comments:

Consider the useful idiots of the regime: pro-vax, pro-gay pride, pro-migrants, Antifa, Democrats, NeverTrumper, and the like. Do they seem happy at their worldly creators and enablers, who shaped their views and formed their behaviors from propaganda campaigns that promised material benefits? The Frankensteins of this age, however, are smarter than the mad doctor in the novel: they are concealed and never claim credit for their creations. They pretend their name is not really Frankenstein, and plea they don’t know who he is. So the monsters of our time lash out at innocent bystanders just like the monster in the novel, because of uncontrollable wrath that stems from not knowing where they came from and who they must truly serve for eternal rest.

From RooshV’s post.

Onto a more serious note, it appears that Bitcoin can be tracked, traced and acquired by the US government. Whose laws around confiscating property are pretty draconian.

The United States took action in federal court Monday to protect and ultimately return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation and then seized by law enforcement during the FBI’s investigation of the theft.

The United States filed a civil forfeiture complaint in the Southern District of California to protect Sony’s interest in the property, which an employee allegedly embezzled in May 2021 and converted to more than 3,879 Bitcoins valued today at more than $180 million. Those funds were seized by law enforcement on December 1, 2021, based on the FBI’s investigation.

According to the government’s complaint, Rei Ishii, an employee of Sony Life Insurance Company Ltd. (“Sony Life”) in Tokyo, allegedly diverted the $154 million when the company attempted to transfer funds between its financial accounts. Ishii allegedly did this by falsifying transaction instructions, which caused the funds to be transferred to an account that Ishii controlled at a bank in La Jolla, California. Ishii then quickly converted the funds to Bitcoin cryptocurrency, the complaint said.

Based on evidence uncovered during the FBI’s investigation, a seizure warrant was authorized in June 2021 by a U.S. Magistrate Judge in the Southern District of California. As alleged in the supporting affidavit, law enforcement was able to trace Bitcoin transfers and identify that approximately 3,879.16 Bitcoins, representing the proceeds of the funds stolen from a subsidiary of Sony Life, had been transferred to a specific Bitcoin address and then to an offline cryptocurrency cold wallet.

The FBI, with significant assistance from Sony and Citibank, continued to investigate in cooperation with Japan’s National Police Agency, the Tokyo Metropolitan Police Department, Tokyo District Public Prosecutors Office, and JPEC (Japan Prosecutors unit on Emerging Crimes). As a result of this coordinated effort, investigators obtained the “private key” – the rough equivalent of a password – needed to access the Bitcoin address. All the Bitcoins traceable to the theft have been recovered and fully preserved. Ishii has been criminally charged in Japan.

We need to take account of this when considering pirate finance. NZ has managed to end up with 132 billion government debt. The money machine is going Brrrrr.

Fools continue as if things will remain the same. The wise see the storm clouds coming and act accordingly. Things are breaking. Via Peter Grant, James Rickards.

You get the idea. Supply chains may be hidden but they are everywhere. They are interconnected, densely networked and unimaginably complex.

The touchstone of these efforts was the idea of just-in-time inventory (JIT). If you’re installing seats on an automobile assembly line, it is ideal if those seats arrive at the plant the same morning as the installation. That minimizes storage and inventory costs. The same is true for every part installed on the assembly line. The logistics behind this are daunting but can be managed with state-of-the-art software.

All these efforts are fine as far as they go. The cost savings are real. The supply chains are efficient. The capacity of this system to keep a lid on costs is demonstrable.

The supply chain revolution since the early 1990s has been about cost reduction, which gets passed to consumers in the form of lower prices. That practically explains the entire phenomenon.

There’s only one problem. The system is extremely fragile. When things break down, everything gets worse at the same time. One missed delivery can result in an entire assembly line shutting down. One delayed vessel can result in empty shelves. One power outage can result in a transportation breakdown.

In a nutshell, that’s what has happened to the global supply chain. There’s a lack of redundancy. The system is not robust to shocks. The shocks have occurred nevertheless (pandemic, trade wars, China-U.S. decoupling, bank collateral shortages and more) and the system has broken down.

This is why my daughter won’t get Christmas presents — bought in Canada, because she lives there, at the beginning of December — before Christmas. This is why we can’t get timber or fittings if we are building, despite the fact New Zealand has many forests and exports logs.

Living at the bottom of the logistics chain concentrates the mind. Our first rule when ordering is: is it in stock. The second rule is pay cash.

Not very cheery for this Christmas, but COVID Christmases are not.

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1 month ago

Every transaction done on Bitcoin can be seen on the blockchain. Every one ever made. Many criminals are weak minded and weak willed and fold under real questioning. Bitcoin can never be stopped, never be hacked, and can never be inflated. If someone does not willingly give up their private keys, absolutely no one can seize their Bitcoin. However, privacy is not the primary function of Bitcoin and while you may maintain anonymity with an anonymous wallet, people can see your wallet online.

1 month ago

Do the lumber shortages mean there are no Mills left in NZ?
I can see a shortage if the trees are exported for processing, or if the local plants need foreign parts, lubricants, etc.