ZURICH, SWITZERLAND - Ed. note: William Olenick has been active in Republicans Abroad in Switzerland, where he is a longtime resident. He sent the following email letter to friends 28 January; we reprint it in full as part of our coverage of the ongoing problems for US citizens in Switzerland.“Dear all,
Read the article below my comments and you will see why I also have my problems with the banks and I am tax compliant.
For the last 25 years I have been busting open nitch markets for American products, contributing to lowering the trade deficit, developing new markets for US producers, creating employment for my brethren back home, increasing the tax base where they live.
The only way to do this is to be on the ground in the countries you are selling.
In my case, my markets were Europe, North Africa and the Middle East so it made sense to set up a base of operations in Switzerland, as it was close to the markets, was a well run country, my wife happened to be Swiss, from a large, close-knit family, so it was a no brainer.
Two months ago my bank informed me that I could no longer make wire transfers to the states.
That being the case how will I pay my suppliers?
More
Good God, All I see in this person’s response to the FATCA menace is a FATCA compliance zombie groaning “FBAR…must go back to the U.S. Must Get In Compliance”. Shaking my head in disbelief. Outright defiance may be the only way we can save our retirement savings.
@The_Animal
Wow! And I thought I was harsh!
But yes, I’ll have to agree.
Dear all,
After of over 30 years of political activity in the Republican Party I am throwing in the towel as I believe that the two major parties do not have the best interest of the American people at heart and that they are completely incapable to repair what is wrong with our country.
I will support and push any independent candidate who looks like they have the balls and leadership to attack the embedded interests who occupy and control our nations capital.
I personally would like to see a new party formed called the Take Back America party who would become strong enough to oust the leaches that are sucking our nations life blood out of the citizens of the country with rampant regulations, legislation and creating rules that let them embed themselves so deep into the power of the government that it is next to impossible to dislodge them.
We are rapidly loosing states rights to Washington in the largest power grab ever witnessed in the history of our nation while the elected officials are running around like sheep without a sheepdog to guide them to the correct direction.
That said I think that all laws ever enacted in Washington should have a time span limit where they expire if they are doing the country no good.
I think 7 years is a good place to start.
A commission should be set up to review all laws before they expire,appointed by the states,and if a law or regulation is deemed to hurt forward progress in our nation and over burdens the states…shit-can it and dismantle the bureaucracy set up to enforce it.
If we did this we can get the government back on track in short order.
We need to be very vigilant in the protection of our rights against those who would use hyper advanced micro-technology and military style tactics and equipment to control the population to protect their own interests against the free people of the United States.
Feel free to pass on to whom you may and with this I step down from my position as Member at Large, Republicans Abroad Switzerland.
Good luck…you will all need it.
Bill Olenick
The disillusionment continues…
Here here