User Profile: Nervous Investor

Nervous Investor

Member Since: September 02, 2010

Comments

123 To page: Go
  • [1] August 12, 2014 at 5:36pm

    “Today, a lawsuit was filed in Federal Court of Canada challenging the constitutionality of the Foreign Account Tax Compliance Act (‘FATCA’) agreement. The plaintiffs hope to stop the Government of Canada from turning over private bank account information from more than one million United States ‘persons’ and their families, living in Canada, to the U.S. Internal Revenue Service (IRS).
    >>
    >> The two plaintiffs, G. Hillis and G. Deegan, claim that the agreement between Canada and the United States to implement the FATCA law violates provisions of the Canadian Charter of Rights and Freedoms (life, liberty, security of person; security against unreasonable search and seizure; equal protection of law without discrimination) and the “principle that Canada will not forfeit its sovereignty to a foreign state.”
    >>
    >> Both Canadian citizen plaintiffs, entrapped in U.S. citizenship, were born in the U.S., left the U.S. at age five to live in Canada, never obtained a U.S. passport or developed meaningful ties with the U.S., but are considered ‘tax cheats’ by the U.S. because they are not ‘IRS compliant.’
    >>
    >> “I am a proud Canadian. Why is my government branding me with being a potential U.S. tax evader merely because of my place of birth – and turning my personal information over to a foreign government’s jurisdiction?” said Ms. Hillis. Ms. Deegan says “This was not the Canada our brave Fathers of Confederation envisioned. FATCA destroys our unity and we cannot permit the loss o

  • August 8, 2014 at 8:56am

    Oh dear. Have you not heard about FATCA yet? Check out isaacbrocksociety.ca and repealfatca.com

    “Elsewhere” is getting fed up with having huge costs imposed by the US extra territorially. FATCA is intended to raise some $870 Million per YEAR. The five banks in Toronto Canada are reported to have already spent some $750 Million just getting their systems adapted to FATCA. Worldwide the costs have exceeded 10 Billion as I understand it and the totals are not yet in – then there are the ongoing annual costs of compliance. This is money taken out of productive enterprise.

  • August 7, 2014 at 6:40pm

    and you folks at The Blaze STILL do not think that FATCA deserves serious discussion and objection !

    http://www.theblaze.com/user/?action=rp&key=Fc9iGnSO17CN5EZTFHWy&login=nervousinvestor

  • [-3] July 27, 2014 at 2:32pm

    If Americans were not CREATING dirty money though the consumption of illegal substances and acting as an international tax haven for hot money from around the world there would not likely be a need for the so called “money Laundering” and similar regulations that impose so much cost on poor people around the world. Maybe if America were to aid poorer countries to develop income earning capacity instead of beating them down to enforce weird extra territorial regulations and so on there might be fewer people trying to immigrate into America.

    Enough. George Will is correct on this matter.

    Responses (2) +
  • July 27, 2014 at 2:26pm

    George Will is correct on this. The real issue however is for America to stop creating havoc and instead to adopt policies that aid peaceful development. Ok ok I realize that the prior two sentences are generating angry responses. Consider however the following:

    There are many LEGAL applicants to immigrate to America some of whom have family in America yet and some of whom have Masters Degrees who have been waiting for something like 12 to 15 years so far and still have not been admitted. These people watch the ILLEGAL immigrants being admitted and laugh through their tears at how sick American Immigration Administration is. This does not promote friendship and pro American international linkages.

    America CLAIMS to want to hunt down a handful of wealthy tax cheats with money outside America … and with the aid of FATCA hope to recover TAX on that money to the tune of some $800 Million per year ($8 Billion over 10 years) yet they have not yet costed what it will take to do this work and seem to care not that they are putting the rest of the world to a cost estimated by some at 10 times the estimated recoveries to aid America by allowing compliance with FATCA internationally in contravention to most Constitutions around the world AND putting American lives at risk by gathering the data around the world on who has a connection to the US. Not even the Disney character with the best will in the world can imagine that this will win any friends for America around the wo

    Responses (1) +
  • [12] June 16, 2014 at 1:54am

    Don’t laugh. President Obama is serious. He will use the same tools that he is using to attack the Porn industry and others that he chooses not to like … I believe that it is called Operation Choke Point and is run by the Treasury according to what I have read. Essentially it denies banking services to “high risk” industries and people. Try to run a business without access to a bank account and see how that works out. This ties in with FATCA which is a very dangerous law and which needs to be repealed urgently.

    Responses (1) +
  • [168] May 19, 2014 at 4:39pm

    Good for China. Their reaction is appropriate … there is no entity on earth doing more spying and surveillance and similar activities world wide that the US. The US seems to be comfortable ignoring international laws and the laws of other sovereign countries and forcing other countries to over ride their own Constitutions by shear brute force of financial sanctions. Well that sword has two edges and can cut both ways. Holder does not have a leg to stand on … pushing down this road will push the world closer to worldwide conflict (whether armed or by boycott of all things American). What an absolute shame. The US has lost its moral compass.

  • May 19, 2014 at 4:09pm

    Beneficiaries … not Benefactors of imperialism and colonialism.

    Anyway … what on earth makes you think that this is limited to Obummer and his politburo? and why do you think of non white Americans as non traditional? The First Nations were in the Americas (arriving in waves from Asia) before the Europeans were they not? The Spanish were also in the Americas in force before the North Europeans and people from the British Isles. Africans were being imported for labour very soon after were they not? Immigration since then has included every color and creed. So where exactly does this “non traditional” label come from?

    I agree however that here is a serious discrimination thing going on against people of white origin.

  • May 19, 2014 at 4:00pm

    I suspect that the number of educated people outside the US wanting to emigrate to the US will decline radically over the coming few years as FATCA kicks in and people begin to realize the extent to which the US believes that it owns its citizens, residents (and others labelled arbitrarily as “US Persons” around the world) and their descendents as lifetime tax slaves.

  • [14] May 19, 2014 at 3:09pm

    Agree. Rand Paul is the best out there right now. BTW Cruelnunusual, I am not 20 I am three times that age.

  • [9] May 19, 2014 at 3:05pm

    of course they must be careful if they are to win a diverse vote population.

    Rand Paul is the best choice that I see out there for America.

  • May 19, 2014 at 12:49pm

    You mean the Barbadian Lapdog?

  • [3] May 19, 2014 at 12:34pm

    Part II from the Christie article’s comments which seem so relevant to this article:

    I just read on the Fox News ticker that the Fed is now seeking to get Banks to deny bank accounts to persons selling weapons on line …. designating such vendors as necessarily high risk ….. same way they recently did through Chase Bank shutting down bank accounts for adult actors and others in the Pornography industry (distasteful but not illegal) …. how many more ….. will the Tea Party Groups be next in line to get their bank account privileges denied? Same thing is happening around the world …. honest people are getting denied the privilege to have bank accounts …. due to pressure (subject to financial sanctions) from the Washington Cabal … while at the same time pressure is being increased to make doing your business transactions in cash illegal. This sort of abuse of the power to make laws and regulations is nothing short of Tyranny. Sooner or later people realize what is going on and object to this sort of behavior … it happened in the 1770s in what is now known as the USA.

    I hope that this time the Uprising will be peaceful Civil Disobedience whereas in the 1770s it is was an armed event. The Ballot box can only work when there are real alternatives …. and not just different letters after the candidate’s name … Rand Paul all the way.

  • [2] May 19, 2014 at 12:32pm

    I posted this on the Christie article
    I wonder if anyone in the US Political and Bureaucratic Cabal remember what the difference is between Leadership and Tyranny. I wonder if anyone (other than Rand Paul) has a clue just how badly America is alienating its erstwhile friends and allies by bad policies such as FATCA (and the NSA Spying thing and the IRS persecution tool and the abuse of veterans in the VA system and so on). I wonder if anyone has a clue just how badly these same policies like FATCA are going to wound the US economy over the medium term … the very definition of crippling Friendly Fire. I wonder if anyone realizes the human rights abuses and indeed assassinations that will follow the imposition of FATCA as people’s personal information gets shared around the world … US persons living in every country on earth are going to be identified to the bad guys through the contacts that the bad guys have in banks and government circles around the world. I wonder if anyone realizes how many good guys are going to be identified to bad governments or criminal organizations for having tried to put a reserve for their families in the US or Western Europe or other perceived safe haven. Once started, FATCA and its son GATCA will probably be unstoppable and usher in a new Inquisition. Good people need to stand and object TODAY. BTW this is not a party line thing …. foolish people like John McCain, Lindsey Graham, Speaker Boehner, former VP Cheney and others are just as c

    Responses (1) +
  • [1] May 19, 2014 at 10:30am

    How very Soviet-like of Mrs Obama. Kids to spy on parents and all that. Maybe this is indeed the new USSA. Union of Soviet States of America.

    Responses (1) +
  • May 19, 2014 at 9:58am

    I hope that this time the Uprising will be peaceful Civil Disobedience whereas in the 1770s it is was an armed event. The Ballot box can only work when there are real alternatives …. and not just different letters after the candidate’s name … Rand Paul all the way.

  • May 19, 2014 at 9:52am

    I just read on the Fox News ticker that the Fed is now seeking to get Banks to deny bank accounts to persons selling weapons on line …. designating such vendors as necessarily high risk ….. same way they recently did through Chase Bank shutting down bank accounts for adult actors and others in the Pornography industry (distasteful but not illegal) …. how many more ….. will the Tea Party Groups be next in line to get their bank account privileges denied? Same thing is happening around the world …. honest people are getting denied the privilege to have bank accounts …. due to pressure (subject to financial sanctions) from the Washington Cabal … while at the same time pressure is being increased to make doing your business transactions in cash illegal. This sort of abuse of the power to make laws and regulations is nothing short of Tyranny. Sooner or later people realize what is going on and object to this sort of behavior … it happened in the 1770s in what is now known as the USA.

    Responses (1) +
  • May 19, 2014 at 8:15am

    I wonder if anyone in the US Political and Bureaucratic Cabal remember what the difference is between Leadership and Tyranny. I wonder if anyone (other than Rand Paul) has a clue just how badly America is alienating its erstwhile friends and allies by bad policies such as FATCA (and the NSA Spying thing and the IRS persecution tool and the abuse of veterans in the VA system and so on). I wonder if anyone has a clue just how badly these same policies like FATCA are going to wound the US economy over the medium term … the very definition of crippling Friendly Fire. I wonder if anyone realizes the human rights abuses and indeed assassinations that will follow the imposition of FATCA as people’s personal information gets shared around the world … US persons living in every country on earth are going to be identified to the bad guys through the contacts that the bad guys have in banks and government circles around the world. I wonder if anyone realizes how many good guys are going to be identified to bad governments or criminal organizations for having tried to put a reserve for their families in the US or Western Europe or other perceived safe haven. Once started, FATCA and its son GATCA will probably be unstoppable and usher in a new Inquisition. Good people need to stand and object TODAY. BTW this is not a party line thing …. foolish people like John McCain, Lindsey Graham, Speaker Boehner, former VP Cheney and others are just as complicit.

    Responses (1) +
  • April 21, 2014 at 6:32am

    Seems to me that he folks that designed the advert think that weapons have only changed in appearance since the days of muzzle loaders and black powder.

  • March 31, 2014 at 6:01am

    It is terribly sad but perhaps this case will allow some of the American people to understand that America is no longer a free country … no longer a country grounded in the Freedom of its people. No longer even a fair country where one can rely on good sense, fair-play and justice. No longer a country whose laws are grounded in its Constitution and apply to all its residents but rather a country where extreme laws are enacted and then selectively applied by an Administration and Bureaucracy that has warped values, an agenda of their own, fear no control or limits from the Supreme Court and have no qualms about lying to the American People. This is not ONLY true in New England; it is true all over the USA and particularly in the Halls of Washington DC. The American people need to get serious about the use of the Ballot Box and Elections. The damage is NOT only within the USA but is causing countries and people around the world who once looked up to the USA, who once considered the USA a friend to now begin to despise and avoid the USA. This is very very sad.

    Consider the following image:

    http://isaacbrocksociety.ca/wp-content/uploads/2014/03/fatca_web_6x2_d.jpg

123 To page: Go