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.
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...
“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.