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US Venezuela Policy is About Oligarchy, Not Democracy

US Venezuela Policy is About Oligarchy, Not Democracy

The proven oil reserves in Venezuela are recognized as the LARGEST in the world, totaling 297 billion barrels.
While ignoring (and even supporting) the atrocities of authoritarian regimes in places like Saudi Arabia, Bahrain and Uzbekistan, US oligarchs have targeted Venezuela for “regime-change” in the name of “democracy”.
Currently, the US is engaging in economic warfare against Venezuela to foment a coup and remove its democratically elected president Nicolás Maduro.
Without providing solid evidence, our corporate-controlled government and mainstream media portray Maduro as a corrupt, repressive, and illegitimate leader with little to no support.

Ask yourself:

Do I ever see officials from the Venezuelan government appear in corporate news shows to tell THEIR side of the story?
What people DO get to comment on Venezuela and what are their credentials and agenda? Are these people essentially public relations agents for the US-orchestrated coup?
Does corporate news provide me with historical background of US imperialism in Venezuela to put these current events in context?

What Corporate-Controlled Media will NOT Tell You

The CIA was involved in the failed coup against Venezuela's popular leader Hugo Chavez in 2002.
Venezuela is not a strictly socialist country; it has a “mixed” economy - not unlike Norway or other Scandinavian countries.
Venezuela is a DEMOCRACY - unlike US-allies Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Kuwait.
In 2012, Jimmy Carter went on record saying:
“As a matter of fact, of the 92 elections that we've monitored, I would say the election process in Venezuela is the best in the world”
The opposition to Maduro knew they were going to lose the last election and so boycotted it in attempt to delegitimize the results.
The US actually tried to dissuade Maduro’s opponents from running!
Maduro invited international observers into the country in 2018 to monitor the last election but the opposition asked the UN not to send observers!
More than 80% of the Venezuelan population had not even HEARD of Juan Guaidó before Trump and the US state proclaimed him the “rightful” president.
Maduro’s approval ratings within his country are on par with opposition-controlled National Assembly. According to an October poll by opposition-aligned pollster Datanalisis, Venezuela's National Assembly, of which Juan Guaidó is president, has a disapproval rating of 70%.
Venezuela WANTS to sell its oil to the US – the US is their largest market and refines a majority of their oil.
US companies Chevron Corp, Halliburton, Schlumberger, Baker Hughes and Weatherford International all have operations in Venezuela, and are allowed to continue to engage in transactions and activities with PDVSA and its joint ventures through July 27.
“No State or group of States has the right to intervene, directly or indirectly, for any reason whatever, in the internal or external affairs of any other State. The foregoing principle prohibits not only armed force but also any other form of interference or attempted threat against the personality of the State or against its political, economic, and cultural elements.” Organization of American States Charter

Why is the US Corporatocracy so Keen to Remove Maduro?

While Venezuela’s economy is not a strictly-state-run economy, its oil industry is nationalized and uses its revenues for the benefit of its citizens (especially the poor).
After years of crippling US sanctions Maduro stepped over a crucial line in October when his government announced that Venezuela was abandoning the US dollar and would be make all future transactions on the Venezuelan exchange market in euro.
Saddam Hussein also went off the dollar in favor of the euro in 2003 – we started dropping bombs on him the next month.
A similar decision by the Gadhafi government in Libya (2011) was quickly followed by a devastating US-orchestrated conflict - culminating in Gadhafi's capture by radical Islamists who sodomized him with a bayonet before killing him. Since then, Libya has gone from Africa's wealthiest country to a truly failed-state complete with a slave trade! To make matters worse, after the collapse of the Libyan government, its military arms were smuggled out of that country and into the hands of ISIS fighters in Iraq and Syria - enabling US-orchestrated chaos in those countries.

Who cares what currency a country uses to trade petroleum?

Answer: US oligarchy

The US dollar is central to US world economic domination.
Like all other modern currencies, it is a fiat currency – backed by no real assets to prop up its value.
In lieu of a “gold standard” we know operate on a de-facto “oil-standard”:
"After the collapse of the Bretton Woods gold standard in the early 1970s, the United States struck a deal with Saudi Arabia to standardize oil prices in dollar terms. Through this deal, the petrodollar system was born, along with a paradigm shift away from pegged exchanged rates and gold-backed currencies to non-backed, floating rate regimes.
The petrodollar system elevated the U.S. dollar to the world's reserve currency and, through this status, the United States enjoys persistent trade deficits and is a global economic hegemony." Investopedia
“The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence. Perhaps that is what the hurry [was] in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.” Anthony Wile

US Foreign Policy is about Oligarchy Not Democracy

Since World War II, the US has attempted to over-throw the 52 foreign governments. Aside from a handful of exceptions (China, Cuba, Vietnam, etc.), the US has been successful in the vast majority of these attempts.
US foreign policy is not about democracy – it is about exploiting the world’s resources in the interests of a small, ultra-wealthy global elite.
This exploitation benefits a small percentage of people at the top of the economic pyramid while the costs are born by those at the bottom.

US CIA Coup Playbook:

How to Plunder Resources from Foreign Countries While Pretending to Support Democracy
  1. Find a country with resources you want.
  2. Send in an “Economic Hitman” to offer bribes the country’s leader in the form of personally lucrative business deals. If he accepts the deal, the leader will amass a personal fortune in exchange for "privatizing” the resources you wish to extract.
If the leader will not accept your bribes, begin the regime-change process.
3) Engage in economic warfare by imposing crippling sanctions on the country and blame the ensuing shortages on the leader’s “socialist” policies.
4) Work with right-wing allies inside country to fund and organize an “astroturf” opposition group behind a corporate-friendly puppet.
5) Hire thugs inside country to incite unrest and violence against the government in coordination with your opposition group. Use corporate media to publicize the orchestrated outbursts as popular outrage and paint a picture of a “failed state” mired in corruption and chaos.
6) When the government arrests your thugs, decry the response as the brutal repression. Use corporate-owned media to demonize the target government as a despotic regime while praising your puppet opposition as champions of democracy.
7) Work with right-wing military leaders to organize the overthrow the government (offer them the same business deals the current leader refused).
8) If a military-led coup cannot be organized, create a mercenary army to carry out acts of terrorism against the government and its supporters. Portray the mercenaries as “freedom fighters” and their acts of terrorism as a “civil war”.
9) If the target government has popular and military support and is too well-defended for your mercenaries to over-throw: label the country a “rouge state” and wait for the right time to invade. Meanwhile, continue to wear the country’s government and populace down using steps 3 – 8.
10) Escalate the terror campaign within the country to provoke a military response from the country against the US. If they won’t take the bait , fabricate an attack or threat that you can sell to the US population as justification for an invasion.
11) Once the government is removed, set up your puppet regime to provide the illusion of sovereignty. The regime will facilitate and legitimize your appropriation of the country’s resources under the guise of "free" trade.
12) As you continue to extract the country’s resources, provide intelligence and military support to the puppet regime to suppress popular dissent within the country.
13) Use the demise of the former government as yet another example of the impracticality of “socialism.”
What Can I Do?
Call your senators and representatives to voice your opposition to US regime-change efforts in Venezuela.
https://www.commoncause.org/find-your-representative/
Please share this message with others.
Sources included at: https://link.medium.com/8DiA5xzx4T

‘Venezuela’: Media’s One-Word Rebuttal to the Threat of Socialism

ALAN MACLEOD FEBRUARY 8, 2019
A recent Gallup poll (8/13/18) found that a majority of millennials view socialism favorably, preferring it to capitalism. Democratic socialist Bernie Sanders is the most popular politician in the United States, while new leftist Rep. Alexandria Ocasio-Cortez’s (AOC) policies of higher taxes on the wealthy, free healthcare and public college tuition are highly popular—even among Republican voters (FAIR.org,1/23/19).
Alarmed by the growing threat of progressive policies at home, the establishment has found a one-word weapon to deploy against the rising tide: Venezuela. The trick is to attack any political figure or movement even remotely on the left by claiming they wish to turn the country into a “socialist wasteland” (Fox News, 2/2/19) run by a corrupt dictatorship, leaving its people hungry and devastated.
Leading the charge have been Fox News and other conservative outlets. One Fox opinion piece (1/25/19) claimed that Americans should be “absolutely disgusted” by the “fraud” of Bernie Sanders and Democrats like Alexandria Ocasio-Cortez, Elizabeth Warren and Cory Booker, as they “continue to promote a system that is causing mass starvation and the collapse of a country,” warning that is exactly what their failed socialist policies would bring to the US. (Back in the real world, while Sanders and Ocasio-Cortez identify as socialists, Warren is a self-described capitalist, and Booker is noted for his ties to Wall Street, whose support for his presidential bid he has reportedly been soliciting.) A second Fox Newsarticle (1/27/19) continues in the same vein, warning that, “At the heart of Venezuela’s collapse is a laundry list of socialist policies that have decimated its economy.”
The Wall Street Journal (1/28/19) describes calls for negotiations in Venezuela as “siding with the dictator.”
In an article entitled “Bernie Sanders, Jeremy Corbyn and the Starving Children of Venezuela,” the Washington Examiner (6/15/17) warned its readers to “beware the socialist utopia,” describing it as a dystopia where children go hungry thanks to socialism. The Wall Street Journal (1/28/19) recently condemned Sanders for his support of a “dictator,” despite the fact Bernie has strongly criticized Venezuelan President Nicolás Maduro, and dismissed Maduro’s predecessor, Hugo Chavez, as a “dead Communist dictator” (Reuters, 6/1/16).
More supposedly centrist publications have continued this line of attack. The New York Times’ Bret Stephens (1/25/19) argued: “Venezuela is a socialist catastrophe. In the age of AOC, the lesson must be learned again”—namely, that “socialism never works,” as “20 years of socialism” has led to “the ruin of a nation.” The Miami Herald(2/1/19) cast shame on Sanders and AOC for arguing for socialism in the face of such overwhelming evidence against it, describing the left’s refusal to back self-appointed president Juan Guaidó, someone whom less than 20 percent of Venezuelans had even heard of, let alone voted for, as “morally repugnant.”
This useful weapon to be used against the left can only be sustained by withholding a great number of key facts—chief among them, the US role in Venezuela’s devastation. US sanctions, according to the Venezuelan opposition’s economics czar, are responsible for a halving of the country’s oil output (FAIR.org, 12/17/18). The UN Human Rights Council has formally condemned the US and discussed reparations to be paid, with one UN special rapporteur describing Trump’s sanctions as a possible “crime against humanity” (London Independent, 1/26/19). This has not been reported by any the New York Times, Washington Post, CNN or any other national US “resistance” news outlet, which have been only too quick to support Trump’s regime change plans (FAIR.org, 1/25/19).
Likewise, the local US-backed opposition’s role in the economic crisis is barely mentioned. The opposition, which controls much of the country’s food supply, has officially accepted responsibility for conducting an “economic war” by withholding food and other key goods.
For example, the monolithic Empresas Polar controls the majority of the flour production and distribution crucial for making arepa cornbread, Venezuela’s staple food. Polar’s chair is Leopoldo Lopez, national coordinator of Juan Guaidó’s Popular Will party, while its president is Lorenzo Mendoza, who considered running for president against Maduro in the 2018 elections that caused pandemonium in the media (FAIR.org, 5/23/18).
Conspicuously, it’s the products that Polar has a near-monopoly in that are often in shortest supply. This is hardly a secret, but never mentioned in the copious stories (CNN, 5/14/14, Bloomberg, 3/16/17, Washington Post, 5/22/17, NPR, 4/7/17) focusing on bread lines in the country.
Also rarely commented on was the fact that multiple international election observer missions declared the 2018 elections free and fair, and that Venezuelan government spending as a proportion of GDP (often considered a barometer of socialism) is actually lower than the US’s, and far lower than most of Europe’s, according to the conservative Heritage Foundation.
The London Daily Express (2/3/19) demonstrates that redbaiting works equally well on either side of the Atlantic.
Regardless of these bothersome facts, the media has continued to present Venezuela’s supposedly socialist dictatorship as solely responsible for its crisis as a warning to any progressives who get the wrong idea. So useful is this tool that it is being used to attack progressive movements around the world. The Daily Express (2/3/19) and Daily Mail (2/3/19) condemned UK Labour Party leader Jeremy Corbyn for his “defense” of a “dictator,” while the Daily Telegraph(2/3/19) warned that the catastrophe of Venezuela is Labour’s blueprint for Britain. Meanwhile, the Greek leftist party Syriza’s support for Maduro (the official position of three-quarters of UN member states) was condemned as “shameful” (London Independent, 1/29/19).
“Venezuela” is also used as a one-word response to shut down debate and counter any progressive idea or thought. While the panel on ABC’s The View (7/23/18) discussed progressive legislation like Medicare for All and immigration reform, conservative regular Meghan McCain responding by invoking Venezuela: “They’re starving to death” she explained, leaving the other panelists bemused.
President Trump has also used it. In response to criticism from Senator Elizabeth Warren over his “Pocahontas” jibe, he replied that she would “make our country into Venezuela” (Reuters, 10/15/18).
The weapon’s effectiveness can only be sustained through a media in lockstep with the government’s regime-change goals. That the media is fixated on the travails of a relatively small and unimportant country in America’s “backyard,” and that the picture of Venezuela is so shallow, is not a mistake. Rather, the simplistic narrative of a socialist dictatorship starving its own people provides great utility as a weapon for the establishment to beat back the domestic “threat” of socialism, by associating movements and figures such as Bernie Sanders, Alexandria Ocasio-Cortez and Jeremy Corbyn with an evil caricature they have carefully crafted.

Corporate Propaganda Blitz Against Venezuela’s Elected President: MSM Will Not Let Facts Interfere With Coup Agenda

Facts Don’t Interfere With Propaganda Blitz Against Venezuela’s Elected President Joe Emersberger
Guaidó, anointed by Trump and a new Iraq-style Coalition of the Willing, did not even run in Venezuela’s May 2018 presidential election. In fact, shortly before the election, Guaidó was not even mentioned by the opposition-aligned pollster Datanálisis when it published approval ratings of various prominent opposition leaders. Henri Falcón, who actually did run in the election (defying US threats against him) was claimed by the pollster to basically be in a statistical tie for most popular among them. It is remarkable to see the Western media dismiss this election as “fraudulent,” without even attempting to show that it was “stolen“ from Falcón. Perhaps that’s because it so clearly wasn’t stolen.
Graph: Approval Ratings of Main Venezuelan Leaders Nov 2016 - July 2018 Data from the opposition-aligned pollsters in Venezuela (via Torino Capital) indicates that Henri Falcón was the most popular of the major opposition figures at the time of the May 2018 presidential election. Nicolás Maduro won the election due to widespread opposition boycotting and votes drawn by another opposition candidate, Javier Bertucci.
The constitutional argument that Trump and his accomplices have used to “recognize” Guaidó rests on the preposterous claim that Maduro has “abandoned” the presidency by soundly beating Falcón in the election. Caracas-based journalist Lucas Koerner took apart that argument in more detail.
What about the McClatchy-owned Miami Herald's claim that Maduro “continues to reject international aid”? In November 2018, following a public appeal by Maduro, the UN did authorize emergency aid for Venezuela. It was even reported by Reuters (11/26/18), whose headlines have often broadcast the news agency’s contempt for Maduro’s government.
It’s not unusual for Western media to ignore facts they have themselves reported when a major “propaganda blitz” by Washington is underway against a government. For example, it was generally reported accurately in 1998 that UN weapons inspectors were withdrawn from Iraq ahead of air strikes ordered by Bill Clinton, not expelled by Iraq’s government. But by 2002, it became a staple of pro-war propaganda that Iraq had expelled weapons inspectors (Extra! Update, 10/02).
And, incidentally, when a Venezuelan NGO requested aid from the UN-linked Global Fund in 2017, it was turned down. Setting aside how effective foreign aid is at all (the example of Haiti hardly makes a great case for it), it is supposed to be distributed based on relative need, not based on how badly the US government wants somebody overthrown.
But the potential for “aid” to alleviate Venezuela’s crisis is negligible compared to the destructive impact of US economic sanctions. Near the end of the Miami Herald article, author Jim Wyss cited an estimate from the thoroughly demonized Venezuelan government that US sanctions have cost it $30 billion, with no time period specified for that estimate. Again, this calls to mind the run-up to the Iraq invasion, when completely factual statements that Iraq had no WMDs were attributed to the discredited Iraqi government. Quoting Iraqi denials supposedly balanced the lies spread in the media by US officials like John Bolton, who now leads the charge to overthrow Maduro. Wyss could have cited economists independent of the Maduro government on the impact of US sanctions—like US economist Mark Weisbrot, or the emphatically anti-Maduro Venezuelan economist Francisco Rodríguez.
Illegal US sanctions were first imposed in 2015 under a fraudulent “state of emergency” declared by Obama, and subsequently extended by Trump. The revenue lost to Venezuela’s government due to US economic sanctions since August 2017, when the impact became very easy to quantify, is by now well over $6 billion. That’s enormous in an economy that was only able to import about $11 billion of goods in 2018, and needs about $2 billion per year in medicines. Trump’s “recognition” of Guaidó as “interim president” was the pretext for making the already devastating sanctions much worse. Last month, Francisco Rodríguez revised his projection for the change in Venezuela’s real GDP in 2019, from an 11 percent contraction to 26 percent, after the intensified sanctions were announced.
The $20 million in US “aid” that Wyss is outraged Maduro won’t let in is a rounding error compared to the billions already lost from Trump’s sanctions.
Former US Ambassador to Venezuela William Brownfield, who pressed for more sanctions on Venezuela, dispensed with the standard “humanitarian” cover that US officials have offered for them (Intercept, 2/10/19):
And if we can do something that will bring that end quicker, we probably should do it, but we should do it understanding that it’s going to have an impact on millions and millions of people who are already having great difficulty finding enough to eat, getting themselves cured when they get sick, or finding clothes to put on their children before they go off to school. We don’t get to do this and pretend as though it has no impact there. We have to make the hard decision—the desired outcome justifies this fairly severe punishment.
How does this gruesome candor get missed by reporters like Wyss, and go unreported in his article?
Speaking of “severe punishment,” if the names John Bolton and Elliott Abrams don’t immediately call to mind the punishment they should be receiving for crimes against humanity, it illustrates how well the Western propaganda system functions. Bolton, a prime facilitator of the Iraq War, recently suggested that Maduro could be sent to a US-run torture camp in Cuba. Abrams played a key role in keeping US support flowing to mass murderers and torturers in Central America during the 1980s. Also significant that Abrams, brought in by Trump to help oust Maduro, used “humanitarian aid” as cover to supply weapons to the US-backed Contra terrorists in Nicaragua.
In the Miami Herald article, the use of US “aid” for military purposes is presented as another allegation made by the vilified Venezuelan president: “Maduro has repeatedly said the aid is cover for a military invasion and has ordered his armed forces not to let it in, even as food and medicine shortages sweep the country.”
Venezuela Accuses U.S. of Secretly Shipping Arms After Weapons Found on Plane with Possible CIA Ties | Democracy Now!
Calling for international aid and being democratically elected will do as little to protect Maduro’s government from US aggression as being disarmed of WMD did to prevent Iraq from being invaded—unless there is much more pushback from the US public against a lethal propaganda system.

When Is a Democracy not a Democracy? When It’s Venezuela and the US is Pushing Regime Change. Venezuela has as much right to call itself a democracy as does the United States. Until that is understood by enough people, the Trump administration will continue to devastate Venezuela’s economy with illegal sanctions and push it towards civil war.
Suggested Reading:
UN Rapporteur: US Sanctions Cause Death in Venezuela
Guaido is playing it fast and loose with the Bolivarian Constitution to justify a dictatorship
Trump’s Economic Sanctions Have Cost Venezuela About $6bn Since August 2017
How could Venezuela's president 'steal' the 2018 election from an unknown who didn't run?
In other news...
The Largest Protest Ever Was 15 Years Ago. The Iraq War Isn’t Over. What Happened?
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7 reasons why should you become an Introducing Broker with IQ Option? Reason #4 - Trading Strategies Review

7 reasons why should you become an Introducing Broker with IQ Option? Reason #4 - Trading Strategies Review

https://preview.redd.it/jg87b5e7kym31.jpg?width=1520&format=pjpg&auto=webp&s=7993d1cab6a906c69b064424f93b188423afa257
When working on the financial markets, traders can utilize dozens of different strategies.
It is worth saying that there is no ultimate one-fit-all strategy that works for all traders, all instruments and all timeframes. Each trader has to develop a trading strategy of his own. What trading strategy is the best? There is no clear answer to this question, as some strategies that have demonstrated decent results in the past do not work today. Put shortly, an optimal strategy is the one that works. Or, in other words, the one that consistently provides positive returns. If the strategy consistently provides negative results (the trader is losing more than he is earning), this strategy should obviously not be used.
As already mentioned, as there is no single «best strategy», traders may want to look at several factors when developing a strategy of their own. First is the instrument they want to trade. It is no secret that that Stocks behave differently than Forex, and ETF trading is quite different from cryptocurrency trading. Hence, the first rule. Decide on the financial instrument before developing a strategy. Secondly, choose the time frame you want to trade. Intraday trading is radically different from value investing. Choose the time frame first and decide on the strategy second. We have covered the time frame and chart types in our previous article. Thirdly, adjust your trading strategy to your trading style. As in life, we are much more likely to be successful in something that we like. The same applies to trading. If you don’t like how a particular strategy works, find another one. It is as simple as that.
Now, to the strategies themselves. As already mentioned, trading strategies are numerous. This article is not enough to list all of them. Nevertheless, we can provide a list of the most notable ones.

https://preview.redd.it/j67438iykym31.jpg?width=1800&format=pjpg&auto=webp&s=2530db3429aedc7574bc99e370363445f8e8426c
Day trading
Day trading is a strategy that implies that all positions are being opened and closed within the same day. This strategy is common among Forex traders. Currency pairs can demonstrate decent movements over the course of one day. Moreover, the use of leverage can turn miniscule price swings into tangible gains. Forex, however, is not the only asset class to be traded like that. Cryptocurrencies, for example, can also be traded on a daily basis. One thing that is absolutely required for day trading is high volatility, as it is impossible to trade when the market is flat.
Value Investing
A strategy that is commonly used with stocks, value investing implies that the trader first has to find the discrepancy between the market and the intrinsic (real) value of a particular stock. In order to do this, he will go through earnings reports and key financial metrics. If the intrinsic value is higher than the market one, it is wise to buy the stock. Conversely, if the company is traded at a price that is higher than its intrinsic value, it can be expected to go down (the time when this will happen, however, is not set).
Swing Trading Strategy
When using this strategy, traders try to capitalize on the sudden price swings, hence the name. In a lot of markets, and for a lot of assets, sudden price movements are quite common. One way to apply the swing strategy is to find a strong trend and wait for a retracement. A retracement is a short-term move in the opposite direction that doesn’t change the direction of the bigger trend. When the retracement happens, the asset price will depreciate, but since it is only a retracement and not the trend reversal, the price can be expected to go up again. All in all, this is a practical application of the ‘buy low, sell high’ technique.
Scalping
Scalping is a subtype of the day trading strategy. As in day trading, all deals are being opened and closed within the same day. Yet, the number of deals and their duration will vary significantly. When applying the classic day trading strategy, you can open as little as one deal and it will still classify as day trading. In scalping, things are a little bit different. Traders open a big number of deals, stacking up small gains over time. In scalping deals can be as short as a few seconds. All in all, it is an interesting strategy that a lot of traders, especially on the Forex market, find useful.
News Trading

https://preview.redd.it/6fje1e96lym31.png?width=2558&format=png&auto=webp&s=6ffb982c4c971d43244fee0e900933a69d2e016f
Political and economic news have the potential to affect the asset prices and move the entire markets. Here are two examples to illustrate how powerful news trading can be. On the Forex market, traders buy and sell national currencies in pairs. Their exchange rate is a good proxy for the well-being of the respective national economy. When the American economy flourishes, so does the USD, and vice versa. When the US economy is in crisis, the USD will also depreciate. Of course, it is more complicated than that, but the general idea is roughly like this.
Forex is not the only market that is affected by the news. The equity market, where corporate stocks are traded, is another example. Corporate news, like an appointment of a new CEO or a new sales milestone, can make the company move up or down. People, interested in stocks trading, have to follow corporate news and evaluate the overall business climate in order to make well-rounded decisions.

These are the 5 common trading strategies. Of course, they are not limited to these, as there are endless opportunities on the market. Yet, for those willing to start somewhere, this list can provide an idea or two. Choose the one that suits your trading style and you are good to go.

https://preview.redd.it/dmeb4i9alym31.png?width=2558&format=png&auto=webp&s=5c78de080555fe7b6d26ade0aee3e331d0094b13
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US Venezuela Policy is About Oligarchy, Not Democracy

US Venezuela Policy is About Oligarchy, Not Democracy

The proven oil reserves in Venezuela are recognized as the LARGEST in the world, totaling 297 billion barrels.
While ignoring (and even supporting) the atrocities of authoritarian regimes in places like Saudi Arabia, Bahrain and Uzbekistan, US oligarchs have targeted Venezuela for “regime-change” in the name of “democracy”.
Currently, the US is engaging in economic warfare against Venezuela to foment a coup and remove its democratically elected president Nicolás Maduro.
Without providing solid evidence, our corporate-controlled government and mainstream media portray Maduro as a corrupt, repressive, and illegitimate leader with little to no support.

Ask yourself:

Do I ever see officials from the Venezuelan government appear in corporate news shows to tell THEIR side of the story?
What people DO get to comment on Venezuela and what are their credentials and agenda? Are these people essentially public relations agents for the US-orchestrated coup?
Does corporate news provide me with historical background of US imperialism in Venezuela to put these current events in context?

What Corporate-Controlled Media will NOT Tell You

The CIA was involved in the failed coup against Venezuela's popular leader Hugo Chavez in 2002.
Venezuela is not a strictly socialist country; it has a “mixed” economy - not unlike Norway or other Scandinavian countries.
Venezuela is a DEMOCRACY - unlike US-allies Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Kuwait.
In 2012, Jimmy Carter went on record saying:
“As a matter of fact, of the 92 elections that we've monitored, I would say the election process in Venezuela is the best in the world”
The opposition to Maduro knew they were going to lose the last election and so boycotted it in attempt to delegitimize the results.
The US actually tried to dissuade Maduro’s opponents from running!
Maduro invited international observers into the country in 2018 to monitor the last election but the opposition asked the UN not to send observers!
More than 80% of the Venezuelan population had not even HEARD of Juan Guaidó before Trump and the US state proclaimed him the “rightful” president.
Maduro’s approval ratings within his country are on par with opposition-controlled National Assembly. According to an October poll by opposition-aligned pollster Datanalisis, Venezuela's National Assembly, of which Juan Guaidó is president, has a disapproval rating of 70%.
Venezuela WANTS to sell its oil to the US – the US is their largest market and refines a majority of their oil.
US companies Chevron Corp, Halliburton, Schlumberger, Baker Hughes and Weatherford International all have operations in Venezuela, and are allowed to continue to engage in transactions and activities with PDVSA and its joint ventures through July 27.
“No State or group of States has the right to intervene, directly or indirectly, for any reason whatever, in the internal or external affairs of any other State. The foregoing principle prohibits not only armed force but also any other form of interference or attempted threat against the personality of the State or against its political, economic, and cultural elements.” Organization of American States Charter

Why is the US Corporatocracy so Keen to Remove Maduro?

While Venezuela’s economy is not a strictly-state-run economy, its oil industry is nationalized and uses its revenues for the benefit of its citizens (especially the poor).
After years of crippling US sanctions Maduro stepped over a crucial line in October when his government announced that Venezuela was abandoning the US dollar and would be make all future transactions on the Venezuelan exchange market in euro.
Saddam Hussein also went off the dollar in favor of the euro in 2003 – we started dropping bombs on him the next month.
A similar decision by the Gadhafi government in Libya (2011) was quickly followed by a devastating US-orchestrated conflict - culminating in Gadhafi's capture by radical Islamists who sodomized him with a bayonet before killing him. Since then, Libya has gone from Africa's wealthiest country to a truly failed-state complete with a slave trade! To make matters worse, after the collapse of the Libyan government, its military arms were smuggled out of that country and into the hands of ISIS fighters in Iraq and Syria - enabling US-orchestrated chaos in those countries.

Who cares what currency a country uses to trade petroleum?

Answer: US oligarchy

The US dollar is central to US world economic domination.
Like all other modern currencies, it is a fiat currency – backed by no real assets to prop up its value.
In lieu of a “gold standard” we know operate on a de-facto “oil-standard”:
"After the collapse of the Bretton Woods gold standard in the early 1970s, the United States struck a deal with Saudi Arabia to standardize oil prices in dollar terms. Through this deal, the petrodollar system was born, along with a paradigm shift away from pegged exchanged rates and gold-backed currencies to non-backed, floating rate regimes.
The petrodollar system elevated the U.S. dollar to the world's reserve currency and, through this status, the United States enjoys persistent trade deficits and is a global economic hegemony." Investopedia
“The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence. Perhaps that is what the hurry [was] in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.” Anthony Wile

US Foreign Policy is about Oligarchy Not Democracy

Since World War II, the US has attempted to over-throw the 52 foreign governments. Aside from a handful of exceptions (China, Cuba, Vietnam, etc.), the US has been successful in the vast majority of these attempts.
US foreign policy is not about democracy – it is about exploiting the world’s resources in the interests of a small, ultra-wealthy global elite.
This exploitation benefits a small percentage of people at the top of the economic pyramid while the costs are born by those at the bottom.

US CIA Coup Playbook:

How to Plunder Resources from Foreign Countries While Pretending to Support Democracy
  1. Find a country with resources you want.
  2. Send in an “Economic Hitman” to offer bribes the country’s leader in the form of personally lucrative business deals. If he accepts the deal, the leader will amass a personal fortune in exchange for "privatizing” the resources you wish to extract.
If the leader will not accept your bribes, begin the regime-change process.
3) Engage in economic warfare by imposing crippling sanctions on the country and blame the ensuing shortages on the leader’s “socialist” policies.
4) Work with right-wing allies inside country to fund and organize an “astroturf” opposition group behind a corporate-friendly puppet.
5) Hire thugs inside country to incite unrest and violence against the government in coordination with your opposition group. Use corporate media to publicize the orchestrated outbursts as popular outrage and paint a picture of a “failed state” mired in corruption and chaos.
6) When the government arrests your thugs, decry the response as the brutal repression. Use corporate-owned media to demonize the target government as a despotic regime while praising your puppet opposition as champions of democracy.
7) Work with right-wing military leaders to organize the overthrow the government (offer them the same business deals the current leader refused).
8) If a military-led coup cannot be organized, create a mercenary army to carry out acts of terrorism against the government and its supporters. Portray the mercenaries as “freedom fighters” and their acts of terrorism as a “civil war”.
9) If the target government has popular and military support and is too well-defended for your mercenaries to over-throw: label the country a “rouge state” and wait for the right time to invade. Meanwhile, continue to wear the country’s government and populace down using steps 3 – 8.
10) Escalate the terror campaign within the country to provoke a military response from the country against the US. If they won’t take the bait , fabricate an attack or threat that you can sell to the US population as justification for an invasion.
11) Once the government is removed, set up your puppet regime to provide the illusion of sovereignty. The regime will facilitate and legitimize your appropriation of the country’s resources under the guise of "free" trade.
12) As you continue to extract the country’s resources, provide intelligence and military support to the puppet regime to suppress popular dissent within the country.
13) Use the demise of the former government as yet another example of the impracticality of “socialism.”
What Can I Do?
Call your senators and representatives to voice your opposition to US regime-change efforts in Venezuela.
https://www.commoncause.org/find-your-representative/
Please share this message with others.
Sources included at: https://link.medium.com/8DiA5xzx4T

‘Venezuela’: Media’s One-Word Rebuttal to the Threat of Socialism

ALAN MACLEOD FEBRUARY 8, 2019
A recent Gallup poll (8/13/18) found that a majority of millennials view socialism favorably, preferring it to capitalism. Democratic socialist Bernie Sanders is the most popular politician in the United States, while new leftist Rep. Alexandria Ocasio-Cortez’s (AOC) policies of higher taxes on the wealthy, free healthcare and public college tuition are highly popular—even among Republican voters (FAIR.org,1/23/19).
Alarmed by the growing threat of progressive policies at home, the establishment has found a one-word weapon to deploy against the rising tide: Venezuela. The trick is to attack any political figure or movement even remotely on the left by claiming they wish to turn the country into a “socialist wasteland” (Fox News, 2/2/19) run by a corrupt dictatorship, leaving its people hungry and devastated.
Leading the charge have been Fox News and other conservative outlets. One Fox opinion piece (1/25/19) claimed that Americans should be “absolutely disgusted” by the “fraud” of Bernie Sanders and Democrats like Alexandria Ocasio-Cortez, Elizabeth Warren and Cory Booker, as they “continue to promote a system that is causing mass starvation and the collapse of a country,” warning that is exactly what their failed socialist policies would bring to the US. (Back in the real world, while Sanders and Ocasio-Cortez identify as socialists, Warren is a self-described capitalist, and Booker is noted for his ties to Wall Street, whose support for his presidential bid he has reportedly been soliciting.) A second Fox Newsarticle (1/27/19) continues in the same vein, warning that, “At the heart of Venezuela’s collapse is a laundry list of socialist policies that have decimated its economy.”
The Wall Street Journal (1/28/19) describes calls for negotiations in Venezuela as “siding with the dictator.”
In an article entitled “Bernie Sanders, Jeremy Corbyn and the Starving Children of Venezuela,” the Washington Examiner (6/15/17) warned its readers to “beware the socialist utopia,” describing it as a dystopia where children go hungry thanks to socialism. The Wall Street Journal (1/28/19) recently condemned Sanders for his support of a “dictator,” despite the fact Bernie has strongly criticized Venezuelan President Nicolás Maduro, and dismissed Maduro’s predecessor, Hugo Chavez, as a “dead Communist dictator” (Reuters, 6/1/16).
More supposedly centrist publications have continued this line of attack. The New York Times’ Bret Stephens (1/25/19) argued: “Venezuela is a socialist catastrophe. In the age of AOC, the lesson must be learned again”—namely, that “socialism never works,” as “20 years of socialism” has led to “the ruin of a nation.” The Miami Herald(2/1/19) cast shame on Sanders and AOC for arguing for socialism in the face of such overwhelming evidence against it, describing the left’s refusal to back self-appointed president Juan Guaidó, someone whom less than 20 percent of Venezuelans had even heard of, let alone voted for, as “morally repugnant.”
This useful weapon to be used against the left can only be sustained by withholding a great number of key facts—chief among them, the US role in Venezuela’s devastation. US sanctions, according to the Venezuelan opposition’s economics czar, are responsible for a halving of the country’s oil output (FAIR.org, 12/17/18). The UN Human Rights Council has formally condemned the US and discussed reparations to be paid, with one UN special rapporteur describing Trump’s sanctions as a possible “crime against humanity” (London Independent, 1/26/19). This has not been reported by any the New York Times, Washington Post, CNN or any other national US “resistance” news outlet, which have been only too quick to support Trump’s regime change plans (FAIR.org, 1/25/19).
Likewise, the local US-backed opposition’s role in the economic crisis is barely mentioned. The opposition, which controls much of the country’s food supply, has officially accepted responsibility for conducting an “economic war” by withholding food and other key goods.
For example, the monolithic Empresas Polar controls the majority of the flour production and distribution crucial for making arepa cornbread, Venezuela’s staple food. Polar’s chair is Leopoldo Lopez, national coordinator of Juan Guaidó’s Popular Will party, while its president is Lorenzo Mendoza, who considered running for president against Maduro in the 2018 elections that caused pandemonium in the media (FAIR.org, 5/23/18).
Conspicuously, it’s the products that Polar has a near-monopoly in that are often in shortest supply. This is hardly a secret, but never mentioned in the copious stories (CNN, 5/14/14, Bloomberg, 3/16/17, Washington Post, 5/22/17, NPR, 4/7/17) focusing on bread lines in the country.
Also rarely commented on was the fact that multiple international election observer missions declared the 2018 elections free and fair, and that Venezuelan government spending as a proportion of GDP (often considered a barometer of socialism) is actually lower than the US’s, and far lower than most of Europe’s, according to the conservative Heritage Foundation.
The London Daily Express (2/3/19) demonstrates that redbaiting works equally well on either side of the Atlantic.
Regardless of these bothersome facts, the media has continued to present Venezuela’s supposedly socialist dictatorship as solely responsible for its crisis as a warning to any progressives who get the wrong idea. So useful is this tool that it is being used to attack progressive movements around the world. The Daily Express (2/3/19) and Daily Mail (2/3/19) condemned UK Labour Party leader Jeremy Corbyn for his “defense” of a “dictator,” while the Daily Telegraph(2/3/19) warned that the catastrophe of Venezuela is Labour’s blueprint for Britain. Meanwhile, the Greek leftist party Syriza’s support for Maduro (the official position of three-quarters of UN member states) was condemned as “shameful” (London Independent, 1/29/19).
“Venezuela” is also used as a one-word response to shut down debate and counter any progressive idea or thought. While the panel on ABC’s The View (7/23/18) discussed progressive legislation like Medicare for All and immigration reform, conservative regular Meghan McCain responding by invoking Venezuela: “They’re starving to death” she explained, leaving the other panelists bemused.
President Trump has also used it. In response to criticism from Senator Elizabeth Warren over his “Pocahontas” jibe, he replied that she would “make our country into Venezuela” (Reuters, 10/15/18).
The weapon’s effectiveness can only be sustained through a media in lockstep with the government’s regime-change goals. That the media is fixated on the travails of a relatively small and unimportant country in America’s “backyard,” and that the picture of Venezuela is so shallow, is not a mistake. Rather, the simplistic narrative of a socialist dictatorship starving its own people provides great utility as a weapon for the establishment to beat back the domestic “threat” of socialism, by associating movements and figures such as Bernie Sanders, Alexandria Ocasio-Cortez and Jeremy Corbyn with an evil caricature they have carefully crafted.

Corporate Propaganda Blitz Against Venezuela’s Elected President: MSM Will Not Let Facts Interfere With Coup Agenda

Facts Don’t Interfere With Propaganda Blitz Against Venezuela’s Elected President Joe Emersberger
Guaidó, anointed by Trump and a new Iraq-style Coalition of the Willing, did not even run in Venezuela’s May 2018 presidential election. In fact, shortly before the election, Guaidó was not even mentioned by the opposition-aligned pollster Datanálisis when it published approval ratings of various prominent opposition leaders. Henri Falcón, who actually did run in the election (defying US threats against him) was claimed by the pollster to basically be in a statistical tie for most popular among them. It is remarkable to see the Western media dismiss this election as “fraudulent,” without even attempting to show that it was “stolen“ from Falcón. Perhaps that’s because it so clearly wasn’t stolen.
Graph: Approval Ratings of Main Venezuelan Leaders Nov 2016 - July 2018 Data from the opposition-aligned pollsters in Venezuela (via Torino Capital) indicates that Henri Falcón was the most popular of the major opposition figures at the time of the May 2018 presidential election. Nicolás Maduro won the election due to widespread opposition boycotting and votes drawn by another opposition candidate, Javier Bertucci.
The constitutional argument that Trump and his accomplices have used to “recognize” Guaidó rests on the preposterous claim that Maduro has “abandoned” the presidency by soundly beating Falcón in the election. Caracas-based journalist Lucas Koerner took apart that argument in more detail.
What about the McClatchy-owned Miami Herald's claim that Maduro “continues to reject international aid”? In November 2018, following a public appeal by Maduro, the UN did authorize emergency aid for Venezuela. It was even reported by Reuters (11/26/18), whose headlines have often broadcast the news agency’s contempt for Maduro’s government.
It’s not unusual for Western media to ignore facts they have themselves reported when a major “propaganda blitz” by Washington is underway against a government. For example, it was generally reported accurately in 1998 that UN weapons inspectors were withdrawn from Iraq ahead of air strikes ordered by Bill Clinton, not expelled by Iraq’s government. But by 2002, it became a staple of pro-war propaganda that Iraq had expelled weapons inspectors (Extra! Update, 10/02).
And, incidentally, when a Venezuelan NGO requested aid from the UN-linked Global Fund in 2017, it was turned down. Setting aside how effective foreign aid is at all (the example of Haiti hardly makes a great case for it), it is supposed to be distributed based on relative need, not based on how badly the US government wants somebody overthrown.
But the potential for “aid” to alleviate Venezuela’s crisis is negligible compared to the destructive impact of US economic sanctions. Near the end of the Miami Herald article, author Jim Wyss cited an estimate from the thoroughly demonized Venezuelan government that US sanctions have cost it $30 billion, with no time period specified for that estimate. Again, this calls to mind the run-up to the Iraq invasion, when completely factual statements that Iraq had no WMDs were attributed to the discredited Iraqi government. Quoting Iraqi denials supposedly balanced the lies spread in the media by US officials like John Bolton, who now leads the charge to overthrow Maduro. Wyss could have cited economists independent of the Maduro government on the impact of US sanctions—like US economist Mark Weisbrot, or the emphatically anti-Maduro Venezuelan economist Francisco Rodríguez.
Illegal US sanctions were first imposed in 2015 under a fraudulent “state of emergency” declared by Obama, and subsequently extended by Trump. The revenue lost to Venezuela’s government due to US economic sanctions since August 2017, when the impact became very easy to quantify, is by now well over $6 billion. That’s enormous in an economy that was only able to import about $11 billion of goods in 2018, and needs about $2 billion per year in medicines. Trump’s “recognition” of Guaidó as “interim president” was the pretext for making the already devastating sanctions much worse. Last month, Francisco Rodríguez revised his projection for the change in Venezuela’s real GDP in 2019, from an 11 percent contraction to 26 percent, after the intensified sanctions were announced.
The $20 million in US “aid” that Wyss is outraged Maduro won’t let in is a rounding error compared to the billions already lost from Trump’s sanctions.
Former US Ambassador to Venezuela William Brownfield, who pressed for more sanctions on Venezuela, dispensed with the standard “humanitarian” cover that US officials have offered for them (Intercept, 2/10/19):
And if we can do something that will bring that end quicker, we probably should do it, but we should do it understanding that it’s going to have an impact on millions and millions of people who are already having great difficulty finding enough to eat, getting themselves cured when they get sick, or finding clothes to put on their children before they go off to school. We don’t get to do this and pretend as though it has no impact there. We have to make the hard decision—the desired outcome justifies this fairly severe punishment.
How does this gruesome candor get missed by reporters like Wyss, and go unreported in his article?
Speaking of “severe punishment,” if the names John Bolton and Elliott Abrams don’t immediately call to mind the punishment they should be receiving for crimes against humanity, it illustrates how well the Western propaganda system functions. Bolton, a prime facilitator of the Iraq War, recently suggested that Maduro could be sent to a US-run torture camp in Cuba. Abrams played a key role in keeping US support flowing to mass murderers and torturers in Central America during the 1980s. Also significant that Abrams, brought in by Trump to help oust Maduro, used “humanitarian aid” as cover to supply weapons to the US-backed Contra terrorists in Nicaragua.
In the Miami Herald article, the use of US “aid” for military purposes is presented as another allegation made by the vilified Venezuelan president: “Maduro has repeatedly said the aid is cover for a military invasion and has ordered his armed forces not to let it in, even as food and medicine shortages sweep the country.”
Venezuela Accuses U.S. of Secretly Shipping Arms After Weapons Found on Plane with Possible CIA Ties | Democracy Now!
Calling for international aid and being democratically elected will do as little to protect Maduro’s government from US aggression as being disarmed of WMD did to prevent Iraq from being invaded—unless there is much more pushback from the US public against a lethal propaganda system.
Suggested Reading:
When Is a Democracy not a Democracy? When It’s Venezuela and the US is Pushing Regime Change. Venezuela has as much right to call itself a democracy as does the United States. Until that is understood by enough people, the Trump administration will continue to devastate Venezuela’s economy with illegal sanctions and push it towards civil war.
UN Rapporteur: US Sanctions Cause Death in Venezuela
Guaido is playing it fast and loose with the Bolivarian Constitution to justify a dictatorship
Trump’s Economic Sanctions Have Cost Venezuela About $6bn Since August 2017
How could Venezuela's president 'steal' the 2018 election from an unknown who didn't run?
In other news...
The Largest Protest Ever Was 15 Years Ago. The Iraq War Isn’t Over. What Happened?
submitted by roy_batty3000 to Communist [link] [comments]

Introduction to investing as a U.S. citizen residing in Japan

[meta: I ask for help in making sure this information is accurate and correct. Please contribute as you see fit!]
WARNING!! I am not a lawyer, accountant, or broker, nor do I have any experience or training in any of those fields. ALWAYS confirm with a professional before taking any advice you read on the internet.
Foreward
If you're old enough to pay taxes, you should start investing. The earlier, the better.
Here’s another example to illustrate the enormous benefit of getting an early start. At age 25, Eric Early invests $4,000 per year in a Roth IRA for 10 years and stops investing. His total investment is $40,000. Larry Lately makes yearly deposits of $4,000 in his Roth IRA starting at age 35 for 30 years. His total investment is $120,000. Assuming both portfolios earn an 8 percent average annual return, at age 65, Eric’s IRA will be worth $629,741, but Larry’s IRA will be worth only $489,383. By starting 10 years earlier and making one third of the investment, Eric ends up with 29 percent more.
- quote from "The Boglehead's Guide to Investing"
Target audience
This is an introduction for U.S. citizens with residency in Japan who want to do long-term investing in U.S. equity (stocks, bonds, etc.).
Disclaimer
This advice may not be accurate for citizens of countries other than the U.S. or for those U.S. citizens living in Japan who work for the military or are only temporarily living and working in Japan as affiliated with a U.S. company. This is also not advice for ForEx or day traders looking to make money. Nor is it advice for what to invest in. This is also not advice for investing in the Japanese stock market.
This is just one way to invest in U.S. equity from Japan. There are other ways.
Assumptions
  • You're a U.S. citizen
  • Your income is in JPY
  • You want to invest in U.S. equity (stock market, bond market, etc)
  • You have basic knowledge about taxes and tax-related terms
  • You have at least $10,000 USD to invest (or $3,000 USD if age 25 or younger)
Background
I am an ordinary guy living in Japan. I have disposable income and, rather than pour all of it into my local izakaya and Philipino hookers (who hang out in front of Mister Donut at night and ask if I "want the massage?" (just kidding, really!)), I wanted to invest in my future by saving for retirement. I'm an early 30's-year-old guy and spent about a month reading up on investing and then set off trying to invest as a resident of Japan.
My Story
I moved to Japan 3 years ago after working in the U.S. I have an IRA leftover from my time in the U.S., but never contributed to it since moving to Japan (thankfully - find out why in a bit). I recently saw a post from /personalfinance (seriously, go read information in that sub if you want to have more money upon retirement or just get out of debt!) and decided to read the book "The Boglehead's Guide to Investing" based on recommendations there. After that, I started looking into my options for investing from Japan.
Before I left the U.S. for Japan, I rolled over my 401k into an IRA using Vanguard (arguably the best broker available for U.S. citizens). Since moving to Japan, I had not contributed anything to my IRA. So, the first thing I wanted to do was start contributing to my IRA again, and use any remainder to invest in U.S. equity. Turns out this is not as easy as it sounds.
I found out that in order to legally contribute to my IRA, I had to pay U.S. taxes on my income used to contribute to it. Well, if you're like me and don't make an awful lot of money, you're probably filing with Foreign Tax Credit/IRS Foreign Earned Income Exclusion. This stuff basically let's you deduct all your taxes in Japan, as it on Japanese income and you already paid glorious Nippon taxes on that income. For me, this basically meant that I owed the IRS absolutely nothing every year. Great! Right? Buuuuut since I didn't pay any U.S. tax on my income, I cannot use it to contribute to my IRA! Dammit! (But actually a blessing in disguise because if I had been contributing to my IRA, I would have been breaking U.S. tax law because I didn't pay taxes on it.)
So, I started looking into other ways to invest: the U.S. stock market, bonds, etc. After reading The Boglehead's Guide, I knew I wanted to invest in Vanguard's mutual index funds. My first instinct was to open a brokerage account (which is different from your IRA account) with Vanguard. I started filling out the online form, but ran into issues. You have to specify a U.S. address. Also, you have to specify your U.S. employer. I had neither of these, so I called Vanguard (from Japan at a ridiculous call charge) and spoke with someone about doing this. They gave me the OK but said I'd have to submit a paper form through snail mail, and sent me a PDF to fill out and mail in. I mailed it (from Japan using EMS which was like $20..), and got a call about a week later. Surprise! Because I'm not working in Japan temporarily for a U.S. company or living on a U.S. military base (considered U.S. soil, I assume?), I actually can't open a brokerage account with them. Dammit again! What a waste of money calling them and mailing the form overseas.
So, I started looking into other options. I read about a few other brokers and most people agreed that I should either use Fidelity or Interactive Brokers. I had never heard of Interactive Brokers and honestly they seemed scary at first, so I decided to go with Fidelity, who I had actually heard of and is a U.S. based firm. I created an account with Fidelity, but once again ran into roadblocks when trying to open a stock trading account. I didn't have a U.S. address or employer, and actually wasn't able to link my U.S. bank account with them either (for reasons unknown). Dammit once again!
So, I started reading more about Interactive Brokers. Okay, it's still a little scary, but there are positive reports about using them online. I signed up for an account with minimal hassle, linked up my bank account, was able to transfer money over to them, and then successfully bought U.S. shares! Sweet success! Finally!

How to Invest

Part I: Contributing to your IRA
If you do not have an IRA, you probably should, as they are your basic investment option and tax-friendly to boot. However, good luck setting one up as a resident in Japan! Vanguard will happily babysit an IRA you opened prior to leaving the U.S., but they will not let you open a new one with a foreign address. I don't know about other brokers such as Fidelity or Schwabb, but it's probably the same story there.
If you are like me and happen to have an IRA leftover in the U.S., you CAN contribute to it, but in order to do so you must not deduct your Japanese tax on your IRS 1040 or file Form 1116, "Foreign Tax Credit". In other words, you must pay U.S. taxes on any income used to contribute to the IRA.
Refer to your broker for how to actually get the money to them from Japan.
Part II: Investing in U.S. Equity from Japan
Using Interactive Brokers
First, let me tell you a little bit about Interactive Brokers (IB). They are a service mostly used by regulaprofessional traders. The fees are very low and reasonable. However, they have a service charge of $10/month if your commission is equal to or less than $10 USD in that month. This is probably not a problem for people over 25 years old investing with $10,000+ USD, but for people 25 and under with an initial investment of $3000, it's possible you might not make the minimum commission per month. Beware of this fee.
IB lets you fund the account from many different currencies, regardless of what market you are buying (this needs confirmation, but seems to be accurate). So, whether you have a U.S. bank account or a Japanese bank account, you can fund the IB account. You can even fund from both.
IB does not let you invest in U.S. mutual funds. This sounds like a deal-breaker, but it's actually not. You can still invest in U.S. ETFs. This includes Vanguard's total stock market index ETF, total bond market index ETF, etc.
IB has an iPhone app that is pretty good and probably an Android app too. Although, as someone doing long-term investing for retirement, you probably don't need this and don't want to be checking your account too much (refer to /personalfinance as to why).
IB has multiple account types. You will probably see IBLLC and IBSJ. The differences are two-fold: First: an IBSJ is only used to trade Japan domestic equity. You don't want this because you want to trade U.S. equity. Instead, IBLLC is used to trade overseas (U.S. equity). Second: as of 2016, IBJS requires your My Number information, but IBLLC does not. Again, you don't want IBJS, so don't worry about the My Number information.
Open a "Japan Resident Individual Account for IBLLC" account online. This is a lengthy process. Make sure you have the required information.
  • You will need to send info about your current address in Japan, your 在留カード (zairyuu/"gaijin" card), job information, bank account information, and so on. I got confused and sent my My Number card information as well, but this only caused a hiccup in their process and I was told to remove it. Don't submit your My Number information.
  • You need to choose your base currency. Your base currency determines what currency you trade in and receive dividends/money from selling in. I think you need to specify USD here, but not sure. I chose USD because U.S. stocks are in USD and I used my U.S. bank account to intially fund my account. It may not matter, but this needs confirmation.
  • You need to specify that you have trading experience. I forget the actual numbers you need to put into the form, but make sure you put enough experience that allows you to trade ETFs overseas. You can fiddle with the numbers right there in the form, and options open up as you change the numbers. Play with it until it's just right. This part is hazy, and just seems to be some safeguards for IB so that new investors can't sue/blame IB for their own trading stupidity when they lose all their money. If you really don't have any experience trading, IB offers virtual "fake" accounts you can use to play around with trading. I suggest you try it.
After about a week you should have your new account. The next step is funding it, or you may have selected to fund it up front when you created the account so it may already be done. Anyway, the easiest way is to have IB request the wire transfer from your bank. I did this. It was really annoying, but it took about another week or so to go through. Beware that you probably can't start buying right away and need to wait for the transfer to clear.
Congratulations! You're ready to start buying now. Refer to /personalfinance in what to invest in. Remember that you are limited to buying ETFs and a few other things, and not mutual funds (but you can get their ETF equivalents).
Using
TBD... (anyone want to fill this out?)
Part III: Taxes
You need to declare and pay taxes on your dividends and any capital gains you make. Beware.
TBD... (this is arguably the most important part, but I just don't have time to go into it now. Someone feel free to help!)
TL;DR: Open an account with Interactive Brokers online and buy ETFs.
submitted by crab_balls to japanlife [link] [comments]

How to Be a Trader Lesson IX - The Art of The War

It is placed with a certain value attached. For instance, if you had previously bought one EUUSD contract which is trading at 1.3100 and you want to exit this contract should this trade start to turn against you, you may place a stop order at 1.3000. This would tell your broker you would like to exit the trade at 1.3000.

If the EUUSD should trade at 1.3000 your order will become a market order and the broker will sell your contract for the best price he can get for you. This is important because it illustrates a stop order is not always filled at the exact number you place it for. This type of order simply tells the broker you now want to get out of the trade as soon as possible.

So, it is quite different from a limit order which tells the broker you will sell for not a penny less than a particular price or buy for not a penny more than a particular price. Stop orders are important because they help you set your risk for any trade in advance. In the illustration above, the order was placed to prevent the price from falling very far on a currency pair you have bought.

The alternative is to let your trade ride for a few days and then come back and find that it is costing you thousands and thousands of dollars! It is for this very reason all but the very best financed Forex traders should take advantage of their opportunity to use stop loss orders. However, just as important is the fact you can place one above the price of a currency pair you have sold, or in trading parlance, have shorted.
http://wedidreviewforyou.com/ethereum-code-review/

https://diethours.com/the-lost-book-of-remedies-review/

https://diethours.com/super-affiliate-system-review/

submitted by jesidivi to u/jesidivi [link] [comments]

Importance of supreme technology in iGaming

iGaming sector is composed of online casinos, betting companies, bingo, lotteries, poker rooms, and any other services that somehow let people to participate in the games of chance online. This sector has been growing ever since it appeared and it is only expected to prosper in the foreseeable future. Let’s take a look at why so many people prefer online gambling to offline.
Shift towards digitalisation
This is not only the gaming sector that is changing, the whole world around us is progressing at the rapid speed and the way people used to do things just a few years ago is completely different from how it looks now. People no longer prefer to order their clothes, electronics, and even food via offline channels. Instead of this, they opt out for online shopping. Something as simple as dialing a number, telling your address and waiting for the transportation to arrive has been substituted by just tapping your phone just a few times. Yes, we are talking about Uber and other ridesharing apps here.
It is clear that the consumers are choosing digital means of doing things simply because they are more effective, faster, cheaper, transparent, or all of the above. And this is where online gambling excels: it offers great gaming experience, amazing bonuses, high quality support, and all of these features are available from the comfort of your couch.
Privacy concerns
Nowadays, the consumers are concerned about their privacy as much as never before. We have already covered the digitalisation aspect, yet those are not only the consumers that benefit from it, but also the advertisers, financial institutions, governmental agencies, and many more. Hence, people are becoming more careful about the data they share and who they share it with.
People are no longer careless about what other known about them. This is especially true when things are as sensitive as they are with gambling. A poker player or a lottery fan can often be misjudged by various credit rating agencies and financial institutions, and this is the main reason why people prefer to hide their habits. Apart from that, gambling is popular because it gives people a sense of winnings. And sometimes these winnings can be very, very large. However, when people gamble offline and win big, their identities are known and this can lead to all sorts of unpredictable consequences.
With online gambling the privacy is much more enhanced and this is one of the key points about the industry.
Flexibility of the payment systems
The times of a single payment system, the cash, have passed. We are slowly moving to the cashless society era, and while we are moving in this direction, the variety of the available payment methods is increasing.
Some 30 years ago people were mostly using cash or checks for their transactions. 20 years ago wire transfers became the thing. They were quickly substituted with an introduction of the credit and debit cards. However, things are very different today. People no longer choose how they want to make a transaction, but they also decide about the kind of the currency they want to use.
When playing at a regular offline casino, you have one option - cash. Online casinos are able to offer you all types of possible top up options.
It is pretty clear that online gambling operators are much more oriented towards the millennial customer, yet not all of them will be successful in the coming years. Let’s find out why.
What separates iGaming operators?
Even though today most of the iGaming operators offer more or less very similar products, things will not stay like this for long. Most of such operators are not having their proprietary technology, and this is the core reason why things have been going slowly. However, in the online business the technology is the main separator. Considering the recent legal updates and the restrictions coming out from various governments, many iGaming operators are not expected to sustain their market share to say the least.
The new era is coming
We do see some rapid developments going on in the industry, and today we are going to illustrate how a company called Cash Poker Pro is shaping the future of the online poker rooms with its cross-platform software.
Unlike all of the poker rooms, Cash Poker Pro (top gambling company of October 2017 by ForexNewsNow) is not developing its applications as standalone software (the one that needs to be installed). Instead of it, the company caters to the rapidly growing layer of our population - the millennials. Those boys and girls are the ones that are spending hours in front of their smartphones, and they are also the ones that will constitute the major of our workforce in the next few years. What are the most popular apps amongst the millennials? Right, the messengers: Whatsapp, Facebook messenger, Snapchat etc. And Cash Poker Pro is releasing a poker room that is available within the messengers themselves. This is an absolutely new way to look into the digitalisation and disruption.
As Cash Poker Pro is based on the blockchain technology, it offers some great transparency to the players while it also supplies the bulletproof privacy. On top of that, the gaming balance is connected directly with the cryptocurrency wallets. This eliminates the need of controlling your cash and the second party of the transaction.
Last but not least, Cash Poker Pro does not come with a great flexibility in the payment systems as it simply cannot support all of the possible ways of topping up due to its technology. This is, however, the price one has to pay for the enhanced privacy, instant withdrawals and tons of other benefits.
What’s can be better?
The only thing that can be better than playing at the innovative poker room is owning one. And Cash Poker Pro gives you this opportunity too. Currently, it is undergoing an investing stage through an ICO and everyone is welcome to participate. By the way, first investors get bonuses.
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XE TRADER Sept.2015 REVIEW | A Scam Review? | Under The Bonnet Investigation

I personally don’t have time or money to waste on anything that smells like a scammy product or service. That’s why in early September when this product first flashed across my screen, I was compelled to investigate. “What the……. is this?” was my initial response. This might sound harsh, however, if you, the consumer are looking for shortcuts to earn and learn how to get rich overnight using Binary Option Trading as your vehicle, you really need to ask yourself the hard questions before incinerating money on products that promise quick riches. Now, fast forward to today, my comments are still emphatic, however once you read this article and review my findings you will be surprised. Throughout this article we will identifying and asking the hard questions one should ponder before purchasing any type of Auto or Semi-Auto-Trader based software. Please read and pay special attention to this article, by the end you will be educated enough to decide whether or not this product is worth investing your time and money in.
 
WARNING: If you are a new or an existing Binary Options trader, you must be well aware that 90% of people trading Binary Options lose their money. To avoid black holes one should train their minds to acquire a tool set that will not only assist you identifying daily trades, but also provides you the the ability to read the markets, simplifying trend analysis and most importantly educating oneself to trade effectively. Don’t fall into the trap of receiving signals and resorting to blind trading, i.e. roll the dice, cross your fingers and hope for the best.
 
Q1. In a competitive market, what is the purpose and point of difference with XE Trader? Answer: As a trader you have a collection of tools you use to trade, to illustrate you may have a set of tools, i.e. a knife, screw driver, pick, metal file, corkscrew etc. XE Trader is packed with many all in one features similar to that of a Swiss Army Knife, features that will enhance your trading experience. XE Trader is delivered to you as a platform not an application with its versatility you can install third party applications within this platform. September 2015, the claim has been made that “XE Trader is the world's most advanced currency pair trend indicator and signals robot designed specifically for binary options trading”. How so? “XE Trader is packed with feature rich enhancements that improve your trading experience”. The main purpose behind XE Trader is to serve as an aid in assisting traders with their understanding of trades, where the information comes from, so they can spot opportunities on their own as they arise within the markets.
 
Q2. Who’s behind this product, what’s their history? are they known criminals/scammers? Answer: XE Trader is brought to you by the world's largest privately owned binary options trader education company Options XE. Education in the form of Trading Webinars is a core part of Option XE's business. Following 3 years of development EX Trader is now the successor of the worlds first binary options robot Optionbot 2, their first creation. Over the years many trading bots have been released into the market, within weeks/months they crash and burn, never to be seen again. Optionbot 2 on the other hand has been and still in circulation, very popular and profitable since day one. This in itself attributes to the success of OptionXE’s first live OptionBot. “In short the XE Trader platform is more than a trading tool, it’s an all encompassing service which will help you win more trades and learn how to become a more effective trader”. The brains and brawn behind OptionBot2 and XE Trader include.
 
Keith Wareing.............CEO of OptionXE Jack Travers................Services Director Ben Newman...............Operations Director
 
As a collective these guys have been in the trading and training business for decades. Now totaling 30 staff, and a trained based of over 20,000 students, these guy’s leave no stone upturned when it comes to providing great support and training backing a solid product. The XE Trader product is a culmination of all of that work that as company Option EX achieved to date. All of their trading experience have been encapsulated into a single computer Window so you the trader can learn how to trade more effectively from home.
 
Q3. What are the key product features and how will these prove advantageous to me? Answer: a. Trend Indicator in also build in across 15 currency pairs. b. Push signals are available across all 30 assets, All signals provided within this platform are passed on via proven leading signal providers. c. Copy trade signals are also made available. These are particularly useful when you are attending one of Ben Newman's webinars, all of which live trading is performed on behalf attendees as they learn how to become familiar with the XE Trader trading platform. d. SMS Alerts e. Economic trading calendar: To keep you apprised of market conditions ahead of time at a glance. f. Market opening times alarm clock g. Accurate Zoomable Price Charts h. Embedded trader insight videos and bulletins surrounding market announcements and events, videos and bulletins are available on the fly.
 
Q4. If this is a signal service how does it connect with my existing broker? Answer: As an improvement from OptionBot2’s costly and strict broker entry requirements of 3 to 5 must have registered brokers The entry requirement for XE TRADER is just the one broker. You can even use your existing broker.
 
Q5. How much does this product cost? Are there any hidden costs? What’s the catch? Answer: You can pay an all up lifetime licence of 2,999 pounds, includes 1 month subscription to their daily training webinars or you can opt in for the a Free Licence offer, how long this window stays open is anyone’s guess. If this product meets popular demand and takes off as a roaring success, or if it flops, either scenario will undoubtedly have a determination as to this product windows life-cycle period.
 
Q6. If this sounds like a “Too good to be true” offer, what's the angle, how do the promoters profit? Answer: If the OptionBot2 is anything to go by I don’t believe this product falls into that category.
 
Q7. What realistically can my expectations be by connecting with this product/service? Answer: Please view the product video. Here you will find reviews by beta testers.
 
XE Trader Product Video
 
WARNING: As video has been published by OptionsXE, a pinch of salt could be in order, unbiased content? Well you decide. Historical sales and ITM performance form OptionBot2, would suggest that after years of further research and development of XE Trader could be a promising in this industry. What we have here is now called a platform, somewhat more than a trading tool, an all encompassing service that will help you win more trades and learn how to become a more effective trader.
 
Q8. If I invest in this product and it all goes very wrong, what are my options? Answer: The XE Team behind the development and support for this product are very credible, collectively they have years of knowledge and experience. Ben Newman provides live assistance and training via his complimentary webinars as a service once you register with XE Trader.
 
To conclude it is refreshing to see a sold rounded product unlike the other scams on the internet. Thank You for reviewing this article, I hope you have found it informative. Please leave a comment below, all the best as you complete you own due diligence and move forward.
 

Click here to download and register for XE Trader right now

 

WARNING Advice:

1. Always remember when testing out any new trading ventures, manual or automatic, make sure you have a money management plan, once you have a strategy in place stick with it.
 
2. A FREE trading DEMO account is a great way to test out new strategies so you don’t go bust in the process.  
3. Not all brokers are made equal when it comes to great customer service, being able to withdraw funds, having a user friendly, easy to use trading platform to work with. I have traded with a countless number of brokers, some I have had nightmare experiences. I prefer to trade only using industry regulated brokers tick all the boxes, as above ( I have listed these below). If
you are not sure, try out one of the brokers listed below, do a background check as required, they will provide you with a demo account on request.
 
 

Tried & TRUSTED BROKERS:

 
Banc De Binary
 
Cherry Trade
 
Interactive Options
 
OptionFair
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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forex order types explained Forex order Types  Execution and Pending orders Forex Order Types - YouTube Forex Trading for Beginners #6: The Different Types of ... How to Start Trading  Types of Orders forex market - YouTube FXDD - Forex Order Types Types of Forex Orders

Forex illustrated provides reliable and independent information about foreign exchange market. Our aim is to offer insightful and useful analysis of the best tools and learning materials for mastering the skills of trading in a productive, fun and fast manner. Starting from different currency trading strategies to honest broker reviews and much more. Types of Orders – Forex Market; Daily data comprises intraday data that has been wrapped up to show each day as a single period. Weekly data consists of daily data that has been squeezed to show each five-day period as a single data point. The more the data is compressed, the longer the time frame possible for displaying the data. Traders focus on charts made up of daily and intraday data ... There are various Forex trading order types to choose from, and each order has its advantages and disadvantages, which will described in later pages. Market Orders. Market orders are the most basic Forex trading orders that are bought and sold for the current market price. With market orders, the transaction is done regardless of the price. The Forex trading software gives you real time prices ... Forex illustrated provides reliable and independent information about foreign exchange market. Our aim is to offer insightful and useful analysis of the best tools and learning materials for mastering the skills of trading in a productive, fun and fast manner. Starting from different currency trading strategies to honest broker reviews and much more. Forex order types. The different types of orders that you can use when trading are usually categorized as either market execution orders or pending orders. Market execution orders are order types to buy or sell at the current market price. These Forex order types can be executed quickly from a double or single click on the trading panel. This type of order can be used when you just want to get ... Order types. Market orders are placed live at current market level, which means you enter the trade manually. Market orders. Market orders are placed at the next available market price, which means the trader will enter the trade manually. Intraday traders and in particular scalpers are likely to use market orders to enter the market. Pending orders. These are orders placed that will become ... Stop orders illustrated. The chart below illustrates buy stop orders (buying at a higher price) and sell stop orders (selling at a lower price). These orders can be used to cap losses; for instance, you can place a sell stop order to close out a buy order you placed earlier, and thus limit your potential losses. Alternatively, stop orders can ...

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forex order types explained

Email - [email protected] ( Only for asking advanced zoom 1 to 1 session ) A pending order is any order which is not a market order. Pending orders are limit or stop orders. Most trading ... Welcome to video #6 of Forex Trading for Beginners — the different types of Forex orders. This is a free (step by step) trading course that teaches you the e... Like and Subscribe Para ma notify ka sa Next Upload Daddy mommy Please Support mga momy at daddy para mas marami pa tayong matulungang noypi na nagsisimula p... This video goes over the different order types available to place once you are ready to start trading. From the most basic market order to more complex pending orders, this video will teach you ... How to Start Trading Types of Orders forex market Market order. A market order is an order to buy or sell at the best available price. ... Limit Entry Orde... forex order types www.gainfx.in. How To Pay Off Your Mortgage Fast Using Velocity Banking How To Pay Off Your Mortgage In 5-7 Years - Duration: 41:34. Think Wealthy with Mike Adams 742,283 views Today, I am talking about types of forex orders. During this video you’ll learn what different types of forex orders exists and we’ll explore some of other topics about forex trading.

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