Category: Financial

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NEW LAW ALLOWS FOREIGNERS TO LIVE & OWN PROPERTY IN PARADISE!!! Bali – The Paradise, The Adventure, The Dream ©

Mt. Batur

Background – In April 2016, I Co-Authored a legal analysis with an Indonesian Attorney & Author, Davidson Samosir, Esq. on a new legislative enactment. It was novel and controversial. Our purpose at that time was to bring some clarity for the Legal community for this was a dramatic new law for the country of Indonesia regarding Foreign ownership of real estate. So, at that time it was a Legal Thesis for our legal brethren.

Foreign investors and ex-pats had been waiting on such a law as this for decades but for that time period at least Dr. Samosir, Esq. & myself toiled over what was to be the first analysis of its kind in the Indonesian legal annals realizing all the while that the law was new and was yet to stand the test of time.

So, after much deliberation we wrote the first Article on this in the Indonesian Legal Digest. But, as we were also both Authors as well as Attorneys we wanted to wait and give it some time to see how it was all going to turn out before we ever submitted this to the mainstream alternative media outside of the sterile world of ‘Legal Academia’.

That was then and this is now. So, without further elaboration let us ask you, do you want to own your own Home in Bali?
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CONTRACTS – THIS ONE SIMPLE WORD MAY SAVE YOU HUNDREDS OF THOUSANDS OF DOLLARS ©

Photo by Vladislav Reshetnyak

Feature Photo by Vladislav Reshetnyak

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Indemnification Clauses – What are they? Well, here is a standard “IC” Clause you might expect to see in any variety of contracts;

“Seller; Agrees to indemnify, compensate Buyer for all expenses and hold Buyer harmless from and against any and all claims, liabilities, losses and/or expenses including Attorney’s fees made suffered and/or incurred by any person, entity, governmental body (Yawn) not a party to this agreement and asserted against Buyer or its associates, employees or agents, warranty or covenant or the performance or non-performance of Buyer’s obligations under this contract”:

Looks Pretty Good Right? Let’s Look again and take this Language to its Logical conclusion.

You Buy a product, you use it, it is defective and you are sued for the use of this. What do you do next? You are covered, right? Isn’t the Seller supposed to indemnify you?

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WHAT’S IN YOUR BLOCKCHAIN? ©

BitCoin

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We have all heard the familiar expression made famous by Capital One “What’s in Your Wallet” but is that what they really mean? I mean, don’t they really mean “What credit card are you using” because that’s what the commercial suggests. We’ll leave that notion right where it is with no further comment because there’s a bigger question; “What is Your Blockchain” or do you even have one? Should you have one? Let’s take a look and see.

Japan – On April 1, 2017, a new Law went into effect in Japan. The Japanese National Diet (Japan’s legislature) recognized cryptocurrency as a legitimate (ergo, Legal) form of accepted payment. So why does this matter?

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UPCOMING ARTICLES – A THREE-PART SERIES YOU DO NOT WANT TO MISS ©

Smoke and Mirrors

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 ‘SNOWMAGEDDON’, BRAIN DATA MINING & THE DARK SIDE OF DATA ©

We are excited to share news about our upcoming three-part series that will be published soon.

This three-part series surrounds the story line of the Leaks of Edward Snowden yet it is much larger than what we have been told or known about the NSA PRISM program. This story goes back 10 years prior, in 2003 to a time when Senior NSA officials, Department of Justice Prosecutors, The Attorney General himself & a Senior Legislative Staff member had previously addressed this ‘Rogue’ direction that the Agency was taking and it was a psychologically suicidal nightmare.  Secrets, government attacks on their own Officials and the ensuing drama inside the White House, the Legislature and inside NSA Officials who were embattled over Constitutional grounds. Behind the scenes of this ‘spy thriller’ you can literally hear the metaphorical tearing of our sacred document – The United States Constitution. This holocaustic episode was privately monitored by Edward Snowden and no doubt had an incredible influence upon him in his decision to become the world’s most famous ‘whistleblower’.

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CYBER WARFARE – IS THIS THE NEW CORPORATE TERRORISM? ©

 

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In this new age of “tech-savvy hyperbole expressionism, we seem to have a definition for just about everything but to come to terms with a universal “truist” definition of Terrorism the task is not so easy. Scholars struggle with this concept and so do we.  There are various definitions that exist across the multi-layered international and research communities.

Title 22 of the U.S. Code, Section 2656f(d) defines terrorism as “premeditated, politically motivated violence perpetrated against non-combatant targets by subnational groups or clandestine agents, usually intended to influence an audience.” and so this definition would seem to escape the grasp of Cyber Warfare & Security but not so fast!

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