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The U.S. dollar will officially collapse on 1 July 2014 due to the implementation of H.R. 2847.
Snopes.com ^ | Snopes

Posted on 04/27/2014 11:09:45 AM PDT by tired&retired

Write Down This Date: July 1st, 2014

On this date, U.S. House of Representatives Bill "H.R. 2847" goes into effect. It will usher in the true collapse of the U.S. dollar, and will make millions of Americans poorer, overnight. You now have just several months to prepare ...

Snopes Opinion: Mixture of Truth & NonTruth

Origins: This item about the passage of H.R. 2847 causing the U.S. dollar to collapse as of 1 July 2014 is another example financial scarelore put out in conjunction with an investment come-on, in this case an ominous sales pitch put out by the folks at Stansberry & Associates Investment Research LLC.

This latest panic piece is offered in a more at Stansberry & Associates presentation featuring a number of scary-sounding statements about how we in the U.S. are soon to experience a "near-complete shutdown of the American economy," will see "the savings of millions wiped out," will be living under the imposition of martial law by the federal government, and will be struggling in the aftermath of a number of other apocalyptic financial scenarios.

So what is this all really about?

H.R. 2847, also known as the Hiring Incentives to Restore Employment Act (or HIRE), was a Congressional bill passed into law in March 2010 that sought to provide payroll tax breaks and incentives for businesses to hire unemployed workers. A section of that bill, the Foreign Account Tax Compliance Act (known as FATCA), sought to eliminate the non-compliance of U.S. taxpayers who hold foreign accounts by requiring those taxpayers (including those living outside the U.S.) to report certain foreign accounts and offshore assets to the government, and by requiring foreign financial institutions to report information about the ownership of overseas assets held by U.S. taxpayers to the government.

(Excerpt) Read more at snopes.com ...


TOPICS: Business/Economy
KEYWORDS: 2847; bankinglockout; collapse; currency; cursestinfoiledagain; expats; fatca; ffis; fiscalabyss; fiscalcliff; goldbugs; hr2847; randsconcerntrolls
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Why FATCA is Bad for America - Update

The Foreign Account Tax Compliance Act (FATCA) is having a negative impact on the U.S. economy, U.S. financial markets, American businesses operating abroad and American citizens who work and reside overseas.

Key provisions of FATCA

http://americansabroad.org/issues/fatca/fatca-bad-america-why-it-should-be-repealed/

FATCA requires foreign financial institutions (FFI) of broad scope - banks, stock brokers, hedge funds, pension funds, insurance companies, trusts - to report directly to the IRS all clients’ accounts owned by U.S. Citizens and U.S. persons (Green Card holders).

Starting July 1, 2014, FATCA will require FFIs to provide annual reports to the Internal Revenue Service (IRS) on the name and address of each U.S. client, as well as the largest account balance in the year and total debits and credits of any account owned by a U.S. person.

If an institution does not comply, the U.S. will impose a 30% withholding tax on all its transactions concerning U.S. securities, including the proceeds of sale of securities.

In addition, FATCA requires any foreign company not listed on a stock exchange or any foreign partnership which has 10% U.S. ownership to report to the IRS the names and tax I.D. number (TIN) of any U.S. owner.

FATCA also requires U.S. citizens and green card holders who have foreign financial assets in excess of $50,000 (higher for those who are bona-fide residents abroad) to complete a new Form 8938 to be filed with the 1040 tax return, starting with fiscal year 2011.

Those affected by FATCA

FATCA will have serious negative ramifications on the entire U.S. economy and more specifically on

• U.S. financial markets and financial institutions

• U.S. businesses operating in global markets

• American citizens residing overseas

• American citizens with legitimate investments overseas

The dangerous ramifications of FATCA

FATCA constitutes a breathtaking extension of U.S. legislative overreach, purporting to impose upon every foreign financial institution, corporation and partnership the obligation to examine whether and to what extent it must adhere to the application of U.S. law. In many cases, entities electing to comply with FACTA will find themselves in violation of local privacy laws. The cost for this massive reporting bureaucracy is estimated in the billions of dollars for foreign and U.S. financial institutions as well as for Americans residing overseas, not to mention for the IRS itself. Much more significant than the cost and time burden, FATCA creates a direct financial and legal threat to all foreign financial institutions.

After much complaint over the direct transfer of information from FFIs to the IRS, the Treasury Department created "Intergovernmental Agreements" or IGA’s. This is a system intended to allow FFIs to release client account information via government to government exchange so that FFIs will not need to violate privacy laws by directly releasing information to the IRS. FFIs must still register with the IRS to abide by FATCA, whether or not the government signs an IGA, to avoid the 30% withholding. An anti-discriminatory clause has also been included in the IGA agreements in order to minimize the possibility of banking lock-out for U.S. citizens and U.S. persons. Nonetheless, U.S. citizens and U.S. persons continue to experience banking lock-out and reduction of services. Many FFIs have simply not referenced FATCA as the reason, citing only "private banking policy." Suddenly, after years of not calling into question banking policy, U.S. citizen clients are having their accounts closed, access limited, or being denied services all together. FATCA is definitely the cause.

1 posted on 04/27/2014 11:09:45 AM PDT by tired&retired
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To: tired&retired

I’m just saying.

Bring American jobs back. GOP support American companies, hiring Americans.

Stop buying everything from China.


2 posted on 04/27/2014 11:12:09 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: tired&retired

FACTA is indeed an over-reach, a horrifically short-sighted bill with no good intentions attached and likely Unconstitutional in the general sense, but this bill isn’t going to cause the collapse of the American dollar anytime soon.

If anything the tax breaks for employers is going to help more than hurt.

This is just a scare tactic to get people to invest in this company’s bonds. We see it all the time on TV with the gold bugs.


3 posted on 04/27/2014 11:13:29 AM PDT by MikefromOhio
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To: CGASMIA68; upchuck; knarf

I searched FR and only found one short vanity thread on this topic from April 5th.

Here is a link to the video that started this story. I am not a catastrophist, but this does make some good points.

http://pro.stansberryresearch.com/1310PSIEANEW/PPSIQ465


4 posted on 04/27/2014 11:14:32 AM PDT by tired&retired
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To: Cringing Negativism Network

And do something about ATM fees.


5 posted on 04/27/2014 11:14:44 AM PDT by 1rudeboy
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To: 1rudeboy

I realize you are being facetious.

However both of our political parties, have completely sold out, to communist China.

Completely. Everyone is for buying imports. Every store in America, is now filled with stuff from China.

Every television commercial you see, is importing stuff from China.

The big problem with this, aside from the fact that America is shrinking is that THE REPUBLICAN BASE is also shrinking.

The sellout is complete.

America needs to return manufacturing to America.

Make jokes if you must, but nobody is doing anything to return manufacturing to America.

So China continues to (rapidly) gain on us.


6 posted on 04/27/2014 11:20:48 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network
Nearly every time someone tries to explain to you how to "bring manufacturing back," you ignore it. So you are a large part of the problem.
7 posted on 04/27/2014 11:22:32 AM PDT by 1rudeboy
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To: Cringing Negativism Network

And STOP filling companies here in the US with high tech contract workers with Visas. This is completely unfair to American workers who paid thousands of dollars for their degrees and are qualified and work hard yet cannot compete with cheap Indian or African laborers whose country paid for their education.


8 posted on 04/27/2014 11:23:00 AM PDT by applpie
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To: tired&retired

US Department of the Treasury Newsletter

http://www.treasury.gov/connect/blog/Pages/Myth-vs-FATCA.aspx

Myth vs. FATCA: The Truth About Treasury’s Effort To Combat Offshore Tax Evasion

By: Robert Stack 9/20/2013 (Robert Stack is the Deputy Assistant Secretary for International Tax Affairs at the U.S. Department of the Treasury.)

Here are the facts on FATCA:

Myth No. 1: Some claim it’s overly costly and burdensome due to complex regulations and difficult to meet reporting requirements.

FACT: Treasury and the IRS have designed our regulations in a way that minimizes administrative burdens and related costs.

Myth No. 2: Some claim that U.S. citizens living overseas will become outcasts in the international financial world.

FACT: FATCA withholding applies to the U.S. investments of FFIs whether or not they have U.S. account holders, so turning away known U.S. account holders will not enable an FFI to avoid FATCA.

Myth No. 2: Some claim that U.S. citizens living overseas will become outcasts in the international financial world.

FACT: FATCA withholding applies to the U.S. investments of FFIs whether or not they have U.S. account holders, so turning away known U.S. account holders will not enable an FFI to avoid FATCA.

Myth No. 4: Some claim that countries are opposed to FATCA, in part because the legislation could force foreign banks to violate laws in their own countries.

FACT: Treasury’s decision to implement FATCA through IGAs that are respectful of the individual laws and customs of partner jurisdictions has contributed to the significant international interest in participating in FATCA compliance efforts.

Myth No. 5: Some claim that FATCA will generate a backlash from foreign governments who view this as an overreach of U.S. law.

FACT: FATCA has received considerable international support because most foreign governments recognize how effective FATCA, and in particular our intergovernmental approach, will be in detecting and combatting tax evaders.

Myth No. 6: Some claim that FATCA will unfairly expose FFIs to heavy penalties before they have the necessary mechanisms in place to comply.

FACT: We recently announced a six-month extension to our withholding and account due diligence requirements because we recognize that FFIs need sufficient time to register for, understand, and implement their due diligence and reporting processes.

Myth No. 7: Some claim that FATCA aims to use foreign banks as an extension of the IRS.

FACT: Individuals making this claim have confused reporting responsibilities with actual enforcement. The objective of FATCA is the reporting of foreign financial accounts held by U.S. persons or certain entities with U.S. owners.


9 posted on 04/27/2014 11:23:02 AM PDT by tired&retired
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To: 1rudeboy

No I am saying America needs to stop importing everything.

China now exports more than America esports.

In one or two years, they will likely pass us completely.

Stop screwing around America. We need to bring back our own companies, and buy stuff made right here in America once again.

Now.


10 posted on 04/27/2014 11:25:15 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: 1rudeboy
His idea to bring back jobs involves supporting Obamacare.

I think we could create jobs by eliminating big government.

11 posted on 04/27/2014 11:25:35 AM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Cringing Negativism Network

Chanting slogans will not bring back American manufacturing. Nor will raising taxes, or other burdens on business in the name of “fairness,” or forcing them to provide you with healthcare because you are too lazy to get it yourself.


12 posted on 04/27/2014 11:28:28 AM PDT by 1rudeboy
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To: MikefromOhio
FACTA is indeed an over-reach, a horrifically short-sighted bill with no good intentions attached and likely Unconstitutional in the general sense, but this bill isn’t going to cause the collapse of the American dollar anytime soon.

I'm amazed how resilient our economy's been considering all the horrors Obama's thrust upon it. Yes, if he were President long enough he would destroy the country - but he'll be voted out first. Like you, I don't believe this one is the straw that breaks the Camel's back...

13 posted on 04/27/2014 11:28:57 AM PDT by GOPJ (Democrats are waging war on the middle class...)
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To: 1rudeboy

Republicans could change the situation tomorrow, if they wanted to.

Republicans bring back our own nation’s production.

Now.


14 posted on 04/27/2014 11:29:41 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Toddsterpatriot

Capitalism and free enterprise are good, increasing debt is bad.


15 posted on 04/27/2014 11:31:29 AM PDT by Big Horn (Rebuild the GOP to a conservative party)
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To: All


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16 posted on 04/27/2014 11:32:25 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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bfl


17 posted on 04/27/2014 11:33:30 AM PDT by Faith65 (Jesus Christ is my Lord and Savior!)
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To: tired&retired
CODE RED: Central Banks Will Frantically Pound The Panic Button And Eventually Become Executioners To The World's Currencies
18 posted on 04/27/2014 11:34:09 AM PDT by blam
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To: Cringing Negativism Network

In many cases people don’t even know if what they bought came from China.

You will not see the Obama administration bring back jobs to America. Everything they do forces more business elsewhere.

So, until and unless, the ruling party changes that, you are wasting your breath.


19 posted on 04/27/2014 11:34:52 AM PDT by dforest
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To: tired&retired; All
.FATCA requires [emphasis added] foreign financial institutions (FFI) of broad scope - banks, stock brokers, hedge funds, pension funds, insurance companies, trusts - ...

How can Congress legally require foreign entities to do anything? Treaty?

20 posted on 04/27/2014 11:37:51 AM PDT by Amendment10
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To: dforest

No both parties have completely sold out.

That is the point I am making.

NOBODY is for making stuff in America.

Thus our debt has increased to 17.5 trillion, and continues to climb rapidly.

America we need to make stuff.

Here. That means you GOP. Support American manufacturing.

The GOP is the problem currently.

Nobody is for American manufacturing.

Dems will always increase government programs. Only the GOP will increase manufacturing employment.

But they’re completely sold out at the moment.

America we have nobody on our side right now.


21 posted on 04/27/2014 11:38:12 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

I agree with all that, but at this time, it is not possible. You see, what you are saying is elections won’t fix that.

So what will that is doable?


22 posted on 04/27/2014 11:40:13 AM PDT by dforest
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To: dforest

The GOP needs to become a very strong advocate for American jobs.

Jobs.

We had a good run selling American jobs to China. Now we need to bring them back.

Times change. China is now (very much) more powerful than it used to be.

China is (rapidly) getting ever stronger.

America needs to start repatriating our own companies, and America needs to start becoming much more focused on America first.

Both parties.

But in particular, the GOP needs to be for America.

Now.


23 posted on 04/27/2014 11:44:10 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: tired&retired
When you see something supported, in the least, by Stansberry & Associates Investment Research LLC, run the other way, QUICKLY.

The Internet shills have twisted 2847 into some type of doomsday machine.

So... BUY GOLD, SILVER, INVEST IN FRACKING COMPANIES, etc. THE WORLD AS WE KNOW IT IS (not) COMING TO AN END.

More Porter info here

24 posted on 04/27/2014 11:46:30 AM PDT by upchuck (Support ABLE, the Anybody But Lindsey Effort. Yes, we are the ABLE!!)
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To: Cringing Negativism Network

This morning we were listening to Dr. David Jeremiah as we usually do on Sunday mornings. He reviewed what was going on in the USA socially and politically for a long beginning which I thought was more politics(I agreed very much with the political layout being given) than expected in a Sunday worship sermon. My wife suggested to wait and see if Dr. Jeremiah wouldn’t tie what was being said to biblical verses as he usually does. Sure enough he did end up tying his social economic statements to biblical messages. He certainly, as far as I took the message, is not for a political ‘new world order’. In fact I would say his sermon was very ‘right wing’. I was very interested in seeing the various expressions on the faces as the camera panned the congregation. He has/had(?) a very large National and even international audience. Next week the sermon will be on ‘The New World Order’. I recommend Freepers to listen in.


25 posted on 04/27/2014 11:51:41 AM PDT by noinfringers2
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To: tired&retired

FATCA is a pain in the butt. And it does make it more difficult for U.S. citizens to bank overseas. The producers are being penalized so the money stays home to support the looters and moochers.


26 posted on 04/27/2014 11:53:54 AM PDT by peyton randolph (Show me the man and I will find the crime. - Lavrenti Beria)
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To: upchuck

Porter Stansberry and ‘the Stansberry scam’

http://briandeer.com/stansberry/stansberry-research-scam-1.htm

The fraud allegation
As for what Porter Stansberry did, the first clear description was set out in April 2003. That was when Karen L Martinez, Thomas M Melto and Brent R Baker of the Securities and Exchange Commission’s Salt Lake City office filed a complaint with the federal district court in Baltimore, Maryland, where Stansberry’s investment newsletter business was located. They alleged:

“1. Defendants engaged in an ongoing scheme to defraud public investors by disseminating false information in several Internet newsletters published by Agora or its wholly owned subsidiaries such as Pirate. Through various publications, defendants claimed to have inside information about certain public companies. Defendants suggested that its readers could cash in on the inside information and make quick profits. The defendants offered to sell the inside information to newsletter subscribers for a fee of $1,000.


27 posted on 04/27/2014 11:58:46 AM PDT by tired&retired
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To: tired&retired

Financial Publisher Who Defrauded Public Investors Is Back With Another Ominous Video

In 2007, Porter Stansberry was sued by the SEC and fined $1.5 million for security fraud.

http://www.usnews.com/news/blogs/washington-whispers/2013/04/02/financial-publisher-who-defrauded-public-investors-is-back-with-another-ominous-video

Porter Stansberry, the financial publisher known as much for his viral, ominous 2010 video “The End of America” as he is for his run-ins with the Security Exchange Commission, is back with another foreboding video, titled “The End of Barack Obama?”

[READ: Stansberry Claims Obama Secretly Seeking Third Term]

In the video, which runs more than an hour in length, Stansberry warns listeners that a major crisis is coming that will “shake the very foundation” of the country and could “bring our country and way of life to a grinding halt.”

Stansberry has also predicted that Obama may somehow score a third term, despite a two-term limit for U.S. presidents.


28 posted on 04/27/2014 12:01:59 PM PDT by tired&retired
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To: tired&retired

FATCA is killing US jobs, NOT a myth A FACT.

During the normal course of my business I interact with individuals raising capital.

I know of one on-going instance were a company has raised money ~4mm from a Swiss investor but is having trouble getting assess to the cash here because of the reporting requirements of FATCA.

They have not been able to pay their employees without this cash that they had budgeted for.

So what do you do? Lay people off or promise to pay them later which is a violation of our state, Florida’s Law.

I don’t have this answer but it is hurting real folks due the incompetence of our government.

To all those on FR that want to bring back jobs from overseas have you never heard of ITAR? that is the real reason these jobs stay overseas.


29 posted on 04/27/2014 12:02:47 PM PDT by Ocoeeman (Reformed Rocked Scientist)
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To: tired&retired

Financial website The Motley Fool concluded that “Stansberry’s core argument is sound ... although it’s not quite as dire as he would like you to believe.”


30 posted on 04/27/2014 12:03:53 PM PDT by tired&retired
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To: tired&retired

Been hearing about the imminent collapse of the United States since at least the 1950’s; let’s hope they’re wrong this time, too.


31 posted on 04/27/2014 12:04:20 PM PDT by Jack Hammer
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To: tired&retired

In an August, 2011 online debate with James Altucher, Stansberry predicted that Europe’s debt crisis would intensify in the coming year, with Italy’s Unicredit being “the next big domino to fall.” Stansberry predicted that once Unicredit fell, Germany would not bail it out, and that Germany would leave the European Union within the next twelve months (by August, 2012). Additionally, Stansberry predicted that the U.S. Dollar would lose its reserve status and the U.S Treasury “bubble” would burst. In light of these oncoming financial calamities, Stansberry recommended that investors convert their assets to 50% gold and 50% cash, if they were not willing (or able) to actively short stocks


32 posted on 04/27/2014 12:05:38 PM PDT by tired&retired
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To: tired&retired; KingOfVagabonds; Berlin_Freeper; UnRuley1; mlizzy; mc5cents; RichInOC; ...
Meet Porter Stansberry, the fraudster
In 2007 Stansberry was ordered to pay $1.5 million in restitution and penalties for the scam. The judge ruled that his actions “undoubtedly involved deliberate fraud” and “making statements that he knew to be false.”

Read more: http://dailycaller.com/2011/11/08/meet-porter-stansberry-the-fraudster-behind-ominous-newamerica3-ads/#ixzz307DRvyRY


33 posted on 04/27/2014 12:08:31 PM PDT by narses (Matthew 7:6. He appears to have made up his mind let him live with the consequences.)
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To: 1rudeboy

Thank you.


34 posted on 04/27/2014 12:09:18 PM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: Cringing Negativism Network

That group R or D in DC do not want to hear that. They no longer support sovereignty or nation states. They want the US, Canada an Mexico to be one. All united under the banner of a socialist state. You are not supposed to have jobs and prosperity, you are supposed to accept the plan we have designed for you. We are going to rot the minds of your children. Make them lazy and accept mediocrity and handouts from we, your betters. You like that retirement you saved for? Pfhtttt...we are taking that real soon along with your religion and weapons. How dare you think you can be anything other than compliant with our desire to see to it you have nothing more than everyone else in this world. It just is not fair. We don’t care that you worked hard and were responsible. Those qualities are no longer acceptable. If you have something, you will share it because we will take it from you one way or another. If its land, we are already taking it. Can’t you understand what we are doing in the American west? Why we even made laws in that Supreme Court you all depend on to take the land from one person and give it to another person because we said so and we enrich ourselves by doing it. We have armed our whole government and police forces to see to it that what you may want never happens if you want to live.

Each day we gain ground by making fun of your silly old notions of a great country and a proud country. We laugh at you because we know that you are intimidated by all of this and in shock.

Well, this is how they are operating and this is what we are up against. I wish all of us luck and suggest a whole lotta prayer. So much for jobs.


35 posted on 04/27/2014 12:12:21 PM PDT by dforest
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To: grumpygresh

Interesting.

I just wanted to see what your post was about.

I followed to your posting history. There two down, I saw a post which started:

“It might be a good idea for productive US parents to have their children born in another country that allows the child to become a citizen by virtue of birth.”

That is certainly a different view, than what I am advocating.

Just saying.


36 posted on 04/27/2014 12:15:33 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: tired&retired

Question! how is a ‘US Treasury bubble’ related to a Federal Reserve debt?


37 posted on 04/27/2014 12:18:36 PM PDT by noinfringers2
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To: Cringing Negativism Network

Here’s the rest of the post, for context of course.

“It might be a good idea for productive US parents to have their children born in another country that allows the child to become a citizen by virtue of birth. I don’t think that hedging bets is such a bad idea these days when the economic Berlin Wall is getting higher and higher, and when it appears that conservatives and constitutionalists are becoming the new 1930s German Jews.
I don’t think that many other nations allow birth in the country as a sufficient sole requirement for citizen status; Canada perhaps?”


38 posted on 04/27/2014 12:25:36 PM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: tired&retired
Stansberry recommended that investors convert their assets to 50% gold and 50% cash, if they were not willing (or able) to actively short stocks

right and since Aug 2011 the US stock market went up 30% and Gold went down 15%. There will be corrections, recessions and depressions over time. All one can do is to stay conservatively invested in a broad range of instruments and recognize the market could fall 50% at any moment

39 posted on 04/27/2014 12:26:18 PM PDT by plain talk
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To: grumpygresh

Just saying. :D

I know I seem to be in a huge minority on this site, constantly advocating for American jobs.

But two administration over a total of more than 12 years, have been exporting every America jobs they could.

Both parties.

I say it is now time, to start to bring back American jobs.

Whatever American jobs.

Any American job. All American jobs.

Just bring back American jobs. Change the rules, and do whatever is needed, just bring them back.

The alternative, is to eventually fall under control of communist China.

Really.

That is not a good alternative.

It is now time, to start to bring back industry to America.


40 posted on 04/27/2014 12:30:18 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

Manufacturing our own steel has got to be a top national security priority. That China is making our steel for cars and jets etc. is a travesty. The crap nails I get at Lowes can be bent and broken off in your bare hands.

Also, textiles would be a fairly easy one to bring back home - has anyone else noticed the horrible quality and high price tags on a lot of fabrics, clothes, linens? I would love to invest in such a company right here in the USA.


41 posted on 04/27/2014 12:34:17 PM PDT by Sioux-san
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To: tired&retired

Seems to me that under current law, if you file a form 1040
with the IRS, you are already required to disclose any
foreign investments, or holdings, on an annual basis, or
it’s a felony.


42 posted on 04/27/2014 12:42:03 PM PDT by Noob1999 (Loose Lips, Sink Ships)
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To: Cringing Negativism Network
I know I seem to be in a huge minority on this site, constantly advocating for American jobs.

The only thing that makes you a part of the minority is that you have no clue how to bring them back.

43 posted on 04/27/2014 12:43:49 PM PDT by 1rudeboy
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To: applpie

Bump


44 posted on 04/27/2014 12:44:36 PM PDT by windcliff
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To: Cringing Negativism Network
I know I seem to be in a huge minority on this site, constantly advocating for American jobs.

No, but you do seem to like empty slogans.

The way to bring back the jobs is to make the environment favorable.

Expanding government does the opposite. Obamacare does the opposite.

45 posted on 04/27/2014 12:56:12 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Cringing Negativism Network
The EPA has also regulated our manufacturing out of the country. Rather them
pollute so we can somehow take the high ground at a very high cost to our independence.
The only pollution is our Government, They are killing our country.
46 posted on 04/27/2014 1:17:10 PM PDT by MaxMax (Pay Attention and you'll be pissed off too! FIRE BOEHNER, NOW!)
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To: tired&retired

The trouble with this government apologetic is that it relies on projections and models, not “actuals”. That is, Americans overseas are already being shut out of financial institutions *en masse*, but this is not a projected occurrence, so does not figure into their calculations.

“Our tables do not reflect this as reality, so the reality is false.” Using the same logic that the Earth’s temperature is now 10 degrees warmer than it was 10 years ago, because that is what the IPCC models predicted.

“Who are you going to believe: me, or your own lying eyes?”


47 posted on 04/27/2014 1:42:23 PM PDT by yefragetuwrabrumuy (WoT News: Rantburg.com)
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To: MikefromOhio

“short-sighted bill with no good intentions attached”

That would be every law that has been passed since the
juggeared one has been in office. In fact everyone of
them is meant to collapse some sector or another of the
economy specifically. The idea is to bankrupt the
country and then blame it on the constitution. To be an
Obama liberal is to be a bald face liar with no respect
for human life.


48 posted on 04/27/2014 1:55:46 PM PDT by Slambat
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To: tired&retired

Require businesses to hire Americans, not illegal aliens.


49 posted on 04/27/2014 2:26:31 PM PDT by kaehurowing (FIGHT BULLYING, UNINSTALL FIREFOX)
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To: Cringing Negativism Network

Do a little googling and you will find articles about how Harry Reid and late Senator Inouye supported legislation to outsource all of our garment manufacturing to the Philippines, include giving them financial aid for taking away American jobs.


50 posted on 04/27/2014 2:29:17 PM PDT by kaehurowing (FIGHT BULLYING, UNINSTALL FIREFOX)
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