We need a revolution.

The same reason why I told my wife not to get her US citizenship and just stay a South African citizen

Fourth Reich isn't German.

Beings your wife kept her South African Citizenship, can you now apply for dual citizenship?

Just curious how that works ;)

I could if we moved there, but we go every year for a couple of weeks to see her family and the crime there is unbelievably bad car jacking and armed home invasions are so common it's like living in a war zone. Capetown isn't so bad, but the rest of the country is a total mess. Her family actually wants to try to get their kids OUT of SA once they are all done with university. In any case though, even if I did want to live there, getting duel citizenship wouldn't save me from the IRS, even if I never came back.


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Apparently in Johannesburg crime is 100 times as big as in LA?

/
You seriously can't figure them out? Stop being lazy and think about it. Non-US banks will stop doing business with anything to do with the US, including it's businesses, it's citizens, it's bond issues and it's currency. It has already started, according to this article, and it could grow very rapidly. Non-US banks will not want to touch anything associated with the US so that they won't have to comply with these onerous regulations and inspections of their books on demand by US IRS officials. This will have a very negative impact on the US economy, including our ability to sell US treasury bonds to finance our spending, the much faster transition of the US dollar into an irelevent currency, and the ability of the US government to basically hold their citizens prisoner here. If you can't get your money out, it makes if VERY hard to leave the US. Also offshore companies will not want to come to the US for fear that ALL of their holdings and assets worldwide will then suddenly be subject to scrutiny by US tax officials. US companies will not be able to purchase offshore assets as the banks involved in escrowing and handling the transactions will not be willing to do so, since this will also make them subject to having the US tax officials demand full reporting.


I'm not sure if it was put in out of total ignorance on the part of the administration, or whether it is part of a longer term plan to both hold more power over US citizens, while at the same time taking down the dollar faster, thus moving forward the estabilishment of a world currency, soon followed by a world government.


:(
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You sound like one of those "conspiracy kooks" :winkwink:

cue Mutt in 3,2,1...

j/k Extremely sobering perspective, very troubling.
It is hard to believe that the administration (or any for that matter) could be that ignorant of their actions...

yeah. when you're driving at night you don't dare come to a complete stop, even at red lights, for fear someone will come at your car with a gun. People never stand outside of their homes on the street for more time than it takes to get the gates closed with the electrified barbed wire. My wife's 75 year old mother and her mother's friends were held up at a tea party at a friends house by a gang of thugs with Uzi's one afternoon. Her cousin was car jacked in broad daylight in the gated parking lot of her condo 2 blocks from the police station with a gun to her chest. One of her second cousins was killed with a knife coming out of a supermarket in the evening.

I mean it's really really bad.


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I'm not really a conspiracy guy at all.... but I do think that that there are people that have long term agenda's.... and they aren't hiding them either. There are plenty of books and articles written by extreme left wing statist types describing what should be done to bring about the worldwide "utopia".

In any case, I don't know whether it is part of a long term agenda or simply ignorance as to the unintended consequences of these actions in terms of the international business and banking situation.


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Yuck. There is this guy (British) doing great docs on TV (forgot his name but you might know who I mean - he also did a great doc on treatment of peadophiles in some Canadian jail), he also covered South Africa and I couldn't believe my eyes. There was this criminal telling how he went into a house, grabbed the baby, put a gun against his head and demanded money from the parents otherwise he would shoot the baby. He was caught by police and spent a few years in jail, as soon as he got out he went back into the criminal routine again. This interview was on a busy street at daytime and his buddy was standing next to him, carrying a huge gun and showing it to the cam. These two guys were really scary. They also went into the townships to cover how they deal with each other in there. If they catch someone from another township stealing something, they kill him on the spot and that's usually done by necklacing (car tire around the neck filled with petrol and ignited). It's sad that now they finally have their freedom, they can't do anything else but killing each other, and their country.

Most of my cats were born in Cape Town btw :)

thousands of people probably read this bill, gave advice, and it still passed. it looks to me more like a debt panic. "expats aren't paying taxes; expats dont live here; lets squeeze some money out of expats to pay for this huge debt we created, even tho the expats didn't cause the debt or take advantage of any services of the US govt." - typical logic in DC.

i dont mind if non-US banks stop allowing me to open accounts so long as my wires can still reach my wife's account. she takes all my money anyway lol

I wish it were that simple.... but hey, in the end, it may actually make things easier for some people, but worse for the US.



.:2 cents:

I just thought about it.... the Feds do nothing about illegal aliens here in the US sending money out.... with a quite high probability that no taxes were paid on it... Yet they will do it to US citizens...


Ironic, ain't it?


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In more and more countries authorities are simply failing. Authorities are supposed to guide a country, have everything go right, protect citizens against crime. What's going wrong in the USA and European countries isn't as bad as what is going on in countries like Lybia and Egypt but how long will it take before US and European citizens will stop taking it and get on the streets? Why is it that honest, hard working people have to live in fear every day, can lose their jobs one day to the next, facing poverty, having to get out of their homes because their banks screwed them with the mortgage or have to lose a child because it's sick and the small print of their health insurance says that treatment for t h a t kind of disease isn't covered. While in the meantime the illegals and criminals get away with more and more things, don't pay taxes, don't work and get government support etc. etc.

Last week in Amsterdam: a Dutch homeless guy suffering from schizofrenia shouting during a royal event causing people to panic and run with a few very mild injuries gets sentenced to 6 months jail. A guy from an immigrant family ignores a red light and drives over a 24 year old girl crossing the street and she dies. He gets 12 months.

Paris is getting terrorized by immigrants

We need a revolution, chopping off a few heads!

By the way in Europe you only pay tax in the country where you live. Once you pay tax there, no other country is allowed to demand taxes from you. It's the treaty for preventing having to pay double taxes signed by all European countries. That's why many people with web companies move to Portugal and Spain. Great climate and low taxes.

this is going to be very fun for PayPal