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...
More ammo, more guns, or both?
From
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.
Read about it at Snopes
Firecrackers are useless against tanks and other war apparatus used by the Army troops.
Exactly, some semi-literate psycho will be incited to attack a government office somewhere...
FACTA is yet another example of the loving Big Brother--he doesn't trust you, and you've better constantly file a lot of stuff to prove you're innocent. Or he'll crush you.
It has a bunch of Americans renouncing their citizenship, and lots of European banks refusing to take deposits from Americans overseas.
But it's not going to collapse the economy. Just stunt it, damage it, drive people away, and cause people to lose faith in a punitive, paranoid federal government that doesn't trust them.
Cheers, James Arthur
Good friggin riddance to them...hopefully they can be barred from ever entering the counry again.
Most of them are ordinary people whose banks are telling them they can't afford the overhead (or risk of persecution from the IRS) of taking deposits from Americans.
That's a pretty poor reason to lose citizens from a formerly free country.
James Arthur
Have you read HR2847? It is mostly minutiae on tweaking a few $ (in federal terms) but there is some language about requiring banks that SHOULD be paying some witholding to be more strictly required to follow rules that are already in place.
So, it is all hype created by some outfit that wants to sell some very expensive guide to how to survive this cooked-up situation.
Jon
Under FAXTA, if they don't come up with a reason other than avoiding US taxes, they can't.
facta of course
Mikek
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Except these stings are done routinely in some cities. You sell the drugs to the perp, you let the perp drive away. You stop the dude and because you know they bought drugs from you, you can stop and search the person and car. Works all the time.
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