What is JUBILEE up to Now ? Debt Relief Mag

As the world continues to witness atrocities performed by the government of President Bashar al-Assad in Syria, Jubilee USA Network has had highlevel meetings with Treasury, State and the White House to declare Syria an illegitimate regime. The?Center for Global Development, has developed guidelines to declare Syria illegitimate. Jubilee USA Network helped create these guidelines. With this declaration, any financial transactions entered into with the al-Assad government would be illegitimate and would not have to be honored by any successor government, meaning any loans or agreements would not have to be paid back or honored. ?Threatening illegitimacy could prove a useful tool to put pressure on the Syrian government to end its continued human rights abuses if access to credit markets will be severely impeded, and could provide useful in declaring past debt accumulated by al-Assad odious in the future. The citizens of Syria are under the rule of a non-representative and abusive regime and loans contracted by that government should not be passed on to any future representative governments. ?
Source: wordpress.com

Video: I can sleep at night now | A military vet thank you | Freedom Debt Relief

Tax Scammers Target Military Members for Identity Theft

The IRS is reporting taxpayers should be on the lookout for a new, email-based phishing scam now circulating that targets Department of Defense military members, retirees and civilian employees. The email appears to come from Defense Finance and Accounting Services and displays a .mil email address. The email states that those receiving disability compensation from the Department of Veterans Affairs (VA) may be able to obtain additional funds from the IRS. Email recipients are then asked to send various VA and IRS documents containing their personal and financial information, such as copies of VA award letters or their income tax returns, to an address in Florida.
Source: getoutofdebt.org

Underwater Homeowners Face a Tax Time Bomb

The mortgage settlement added several other cases where homeowners would have to pay taxes on awards from banks. Under the settlement, up to 750,000 foreclosure victims, who have already lost their homes, will receive checks of $2,000 as compensation for foreclosure fraud. But the settlement language did not make clear that the cash reward represented compensatory damages, and as a result, these checks could be taxed. Similarly, service members stand to get compensation of $116,800 or more, due to a series of violations under the Servicemembers Civil Relief Act, including incidents where banks illegally foreclosed on military members while they were deployed overseas. But because of the vagueness of the language, they could be taxed as well. Rep. Brad Miller said he advised those involved in writing the settlement that they should try to make everything, including the mandated principal reductions, explicitly portrayed as compensatory damages, to ensure the exclusion from tax liability. ?They had no idea what I was talking about,? Miller said.
Source: mbcalyn.com

The Fiscal Politics of Decline

Domestic fiscal strength is a key determinant of international political strength.? As Leon Panetta said in his June testimony to Congress, there is no free lunch.? Governments generally have four means to meet revenue needs:? raise taxes, borrow, draw on publicly owned assets, or simply expropriate these assets from society (often by inflating away debt burdens or simply defaulting on debt as Germany did in the interwar period).? A politically independent Federal Reserve, a politically strong financial sector, a strong national skepticism of public ownership, and the presence of institutions that protect the rule of law have effectively taken the latter two revenue-raising strategies off the table. ?The former two, tax power and borrowing, carry several tradeoffs.??? Taxation reduces immediate consumption, on the other hand, but may be a more sustainable source of long-term strength, provided that citizens paying taxes are sufficiently ?vested? in international outcomes, which may be reflected in the degree to which increases in U.S. power are redistributed through economic channels to fund economic growth at home.? Borrowing to finance tax cuts, wars, and greater government spending (as the U.S. has been able to do in roughly the last decade), avoids short-term sacrifice but invites a long-term problem of snowballing debt that delays tough fiscal decisions and makes fiscal power dependent on the borrowing costs for the state.? Most importantly, as the Greek crisis has clearly demonstrated, the capacity to borrow is intimately tied to a government?s political capacity and willingness to tax.
Source: gt2030.com

Military Debt Consolidation

If a filer did not commit crimes of fraud, crimes against banks and bank personnel, or the falsification of identifying documents, the Access to Basic Banking Services Regulations mandates the person?s access to bank accounts and other services. Regulations contained therein also guard against the impact of prejudice against those filing for bankruptcy or those who have been bankrupt in the past. However, these regulations are only meant for service applications done in person, and not over the phone or the Internet. The bankruptcy filer has to make a personal appearance at the bank of his or her choice and submit one or more of the following original documents: a Canadian birth certificate, naturalization certificate, passport, driver?s license, SIN card, and health card.
Source: militarydebtconsolidation.net

A Special Offer For Members of The Military

Passive, low-frequency (~125 KHz) radio-frequency identification (RFID) is suggested as the optimum solution to track military weapons and sensitive items. The criteria for selecting a suitable RFID tracking system include: low cost, safety, reliability, longevity, durability, accuracy, precision, security, read distance and read speed. Passive, low-frequency RFID fulfills all these criteria. Alternative RFID technologies-high-frequency, contact memory buttons (CMB), and ultra wideband (UWB)-suffer from several important issues, most notably the lack of security and safety, reliability, accuracy and precision (high-frequency RFID); very high cost, lack of security, and too great a read distance (UWB); high cost, lack of security, poor read distance and speed, and longevity (CMB). We offer passive, low-frequency RFID as the optimum solution to accurately, reliably and safely identify, track and maintain weapons and sensitive items in the military and other agencies.
Source: ezinemark.com

Jordan 4 Military Blue Credit Card Debt Relief Now Available

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Source: wirtexi.com

Veterans, Members of the Military May Qualify for Free Debt Relief ?

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Source: elzioo.com

Collecting Delinquent Debt from Servicemembers and Other Protected Individuals

If you are a creditor seeking to collect a debt from a service member or other protected individual, be sure your planned actions are permitted within the confines of the SCRA, should the service member elect to invoke the SCRA protection.? To ensure your debt collection activity complies with the SCRA, contact a professional Arizona debt collection law firm. Call Seidberg Law today at (623) 258-4397 or visit us online at www.seidberglaw.com/.
Source: azdebtcollectionlaw.com

Tags: bashar al assad, Debt, defense finance and accounting services, irs documents, tax

Source: http://debtreliefmag.com/what-is-jubilee-up-to-now/

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