Cross-posted from the Flophouse. I finally got around to reviewing Robert Morris’ book on FATCA which I read before Christmas. Here’s what I think. Would be very interested in knowing your take on it as well.
At last a book about the beast, FATCA.
I read Robert Morris’ FATCA and the New Birth of American Empire in one sitting a few weeks ago and I just posted a review up on Amazon.
It’s not long and it’s not an expensive book but it is for you? The disclaimer at the beginning is very helpful because Morris clarifies that he is not speaking to Americans abroad in his essay. If you are one of these “US Persons” he has no advice to offer though he points out that what’s happening to them (us) is a darn shame. I immediately disagreed with him on two points however in that introduction: he says Americans living outside the U.S. have power (which is nonsense) and that media outlets are willing to shine the spotlight on our stories (yes, but only very recently and after much effort by folks like Marvin,Peter and Lynne).
“This essay will focus on everyone else.” So his words are meant for those not directly in the line of fire – all those who think they are safe and that this business does not concern them because they are not US citizens or don’t have connections to the United States.