I have to wonder however, how long it will be before the rent - boy President is sending his racketeers after me, you see one of my Grandfathers was actually born in the USA so no doubt the Obama regime will be wanting me to contribute so he can offer more gifts and benisons to illegal immigrants, perverts, crooks, liars and workshy scroungers. The worst of it is our gutless, spineless, traitorous leaders in Europe are co - operating with Obama's gangster regime:- Phil T Looker.
via The LocalJonathan Weiss hasn’t lived in the US for 25 years. But that didn’t keep his foreign bank account from being frozen in the wake of new US tax laws. Find out how you can avoid the same fate at the hands of FATCA.
“I had been living in Switzerland for ten years, and then out of the blue I got a letter from my bank, saying that since I am an American citizen I had to file some extra paperwork,” Jonathan Weiss tells The Local. “Two weeks later my bank account was frozen.”
Weiss was born in the US, but has lived abroad since age ten, in both Asia and Europe.
“I was just living in Switzerland, working there, minding my own business,” Weiss recalls. “And then I was caught up this net. I had no idea what to do.”
That was his first encounter with the long arm of US tax law – FATCA.
If you’re an American living abroad, chances are you’ve heard of FATCA. And if you haven’t, you probably should have. Or there may be serious consequences.
“FATCA requires foreign banks to report information to the IRS regarding all financial accounts held by American clients,” Ines Zemelman, a tax agent specializing in expatriate taxes, tells The Local.
“The age of financial privacy is over.”
Over 100 nations have already agreed to provide the IRS with such information, including Germany, France, Spain, Italy, Switzerland, Austria, Sweden, Denmark, and Norway.
Click Here to read full article RELATED POSTS: Swiss Decoupling Sets The Euro Adrift, Triggers Vast Losses For Banks, And Currency Traders
Nobody is shedding any tears over the news that the deciusion by the Swiss central bank to sever the link that kept The Euro single European currency from the Swiss Franc, it is just another example of really important news you will never read of hear of from mainstream media. It is however bad news for all of us.
Smart Phones Will Not Make Banking Safer
Yet the war on cash goes on. The latest move is to encourage people to use their smartphone to do their online banking. My first reaction on reading this was, "They're having a laugh aren't they?" laptops and tablets are ridiculously easy to hijack, smartphones don't even need to be hacked, like tired old slappers whose sexual allure has gone south, but who still crave attention, they will offer themselves without needing to be asked.
Death Of Democracy: Why We Can’t Get The Government We Deserve And Vote For.
In every election campaign, in the UK, USA, Canada, Germany, France etc. politicians spout about delivering 'change'. And yet every government we elect, no matter what label they wear or what coulour the use on campaign materials, seems just the same as the last, making the same promises and mistakes. Ever wondered why?
Google quits Spain in paid content row
Spain's government have defied Google's vow to shut down its Spanish online news service rather than pay for content, [ ... ] The internet search giant threatened to close Google News Spain in December, 2014, before an intellectual property law enters force in January obliging Internet news scrapers to pay for content automatically lifted from other websites. Spain's culture ministry, said it would go ahead with the new law, Google's response is "a matter for the company".
Bill Gates Pushes Cashless Society
‘Bill Gates is now promoting “digital currency” in third-world countries, which will make the poor even more dependent on central banks while also turning them into guinea pigs for the development of a “cashless society” in the U.S. and Europe.
When Algorithms Rule The World
It must seem to many people that technology is taking over the world and our lives. The internet is everywhere and algorithms filter information to control the news and influence behaviour. But is the technology takeover as solid as it seems or are the hyperbolic claims based on some very dodgy logic?
Reasons To keep Google Away From your Credit Card Information
I did not use Gmail a lot because although the mail got through, I started to be bombarded with targeted ads related to keywords used in my mail exchanges (they weren't keywords as far as I was concerned, just conversation. That did not worry me much but the idea that Google were sharing my email content with the bastards throwing these ads at me did.
Intrusive Surveillance Technology, Internet control freaks and The Orwell-Huxley-Dick Dystiopianometer
Are privacy campaigners right to be worried about intrustive internet technology and the massive databases that log our behaviour and parse the data for patters that enable us to be targeted for advertising? Should we bee worried by surveillance or are those that raise doubts just scaremongering? The Orwell-huxley-Dick dystopianometer is rising.
Internet Trolls - Are They Contractors Paid To Suppress Open Discussion Of Sensitive Subjects?.
Everyone who likes to follow online debates on sensitive or controversial topics will have encountered trolls. but are these people really just angry and obsessive, excesssively self righteous individuals. Or is there anyting in th claims that they are employed by contractors to suppress open discussion and discredit points of view which do not support government or corporate interests.
Transhumanism: With A Chip Under Your Skin You Will Be Superhuman
We seem to be talking a lot about transhumanism, the process of turing us into human - animal or human -machine hybrids recently. The Daily Stirer thinks such technological visions are nothing more than the fantasies of sick minds, but politicians and corporate leaders, ever eager for more power and control, seem willing to stump up infintie funding.
Don't be Evil, Google Will Do It For You
Google have abandoned their "Don't Be Evil motto. Good thing really, they are becoming more evil every day. The latest plans to integrate our brains with their servers may seem like a science fiction freaks wet dream, but these creepy nerds are serious ...
If The Technotwats Get Their Way Robot Censors Will Control Internet Content
Almost every day we hear of a new scheme hatched by insane, sociopathic scientists to dehumanise us and make us slaves to machines. One of the latest is a scheme for using robot censors to control what we see and hear on the internet. If this was just about copyright protection it would be bad enough but wen the technocrats talk of filtering undesireable content, aren't we getting close to ditital fascism?
Google buys Nest for $3.2 billion: Does this home automation acquisition point to ‘the internet of things’?
The Internet Of Things is comong, science and technology geeks tell us. These dysfunctional misfits wose only griends are machines long for the day when we finally surrender our humanity and freedom and become slaves to the machine. but how realistic are their claims, is it mostly just hype?
The Spy In Your Smartphone
An article in OS news opens by saying those of us with experience in digital technology have known about the nasties hidden in your internet enabled computers and gadgets for years.This is absolutely true. Why did people like me not sound the alarm then, you might well ask? In the case of smartphones I confess to ...
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