Media and Blog Articles Open for Comments – Part 1 of 7
Media and Blog Articles
26 May 2015: This thread is now closed. It continues at Media and Blog Articles Open for Comments, Part 2 of 7
2 January 2016: Media and Blog Articles Open for Comments, Part 3 of 7
1 January 2017: Media and Blog Articles Open for Comments, Part 4 of 7
1 January 2018: Media and Blog Articles Open for Comments, Part 5 of 7
1 January 2019: Media and Blog Articles Open for Comments, Part 6 of 7
1 January 2020: Media and Blog Articles Open for Comments, Part 7 of 7
EmBee suggested that it would be good if there was a thread for new articles, so that people would be aware of where to comment. So, I created this permanent page. You could mention such articles in the comment stream for this page, or if I see one on another thread, I can copy the link to here. I’ll keep adding to the list, but not deleting, so we’ll end up having sort of a “bibliography” too. [Note: Some articles are not open for comments]
For more articles on FATCA, enter FATCA into Google then click on the link “more news for fatca” just below the most recent featured article.
Note also: JC suggests to see #FATCA on Twitter for latest breaking news. JC finds that is quite a good source and there even are some international articles that one may read using Google Translate.” Others may help certain tweets and articles remain in elevated position by retweeting them.
26 May 2015: This thread is now closed. It continues at Media and Blog Articles Open for Comment, Part 2 of 2.
New Survey finds US expat voting could impact 2016 Presidential Election, Greenback Expat Tax Services, NASDAQ GlobeNewswire.
This congressional committee wants to hear all your FOIA gripes, Colby Itkowitz, Washington Post, US.
The black money recovery skills of IT department are nothing to write home about, Vivek Kaul, The Daily Reckoning.
The Intersection of US Federal Tax Law with Collection of International Information- – Including Other Federal Agencies, Patrick W. Martin, TaxExpatriaation, US.
America the not so brave: America has led the global assault on tax dodgers and their enablers. But the reality still lags behind the rhetoric, The Economist, UK.
Cash Banned from Chase Safe Deposit Boxes, Matt Chilliak, Live and Invest News.
US Steuergesetz hat unerwartete globale Konsequenzen, Colleen Graffy, Geopolitical Information Service. Also at Consequences of US widening net to catch tax dodgers, Colleen Graffy, World Review.
The horse may have bolted … but, Angelo Venardos, Asia Asset Management.
Important Correction: Passports Required to Enter and Leave US — but SSNs May be Optional, Patrick W. Martin, Tax Expatriation, US.
Americans working abroad face unexpected financial issues, Sarah O’Brien, NBC, US.
Senate tax reform groups get more time, Bernie Becker, The Hill, US.
Malaysia will defer FATCA reporting, FSI Tax Posts.
America’s Self-Inflicted Wound, Moises Naim, The Atlantic, US.
Janice Mays: The Tax Guru Who Guides House Democrats, Alex Brown, National Journal, US.
Sen. Rand Paul Launches Filibuster in Protest of Patriot Act Renewal, C-SPAN, US.
@Polly, Heidi and others: I will say it again.
FATCA is not about taxes. FATCA is about Information, power, control and punishment.
Agree but what is the purpose of power and control if not for the aquisition of money through penalties on banks and individuals.
The Economist has some refreshing analysis, but fails to reference the collateral damage.
Open to comments – though the most effective is a published letter to their editor via firstname.lastname@example.org
@Heidi Think NSA. Think snooping on ordinary people. Think Snowden. None of that is about money.
Read these words from Carl Levin writing for the Investigations Committee of Congress:
I do not know how to upload a pdf here, but you can link to the letter at Sandbox, The above is on page 11 of the letter.
CBT was about punishment and control during the Civil War. It still is.
For three years, I have called FATCA Foreign Attack to Control All..It is the American way to control people, banks and governments around the world.
What is the purpose? USA is a control freak on steroids.
To control the worlds banks is to control the money supply.
Jefferson said that you don’t need army if you control the finances
The US was short of money because of the civil war.
I agree about control freak but I think the driving force is its financial state .
@Heidi: Here is what Just Me said on Twitter three years ago.
Remember those others Weapons of Mass Destruction in Iraq? Remember the world warning the US there were not WMD. Remember Colin Powell insisting at the UN they were. Remember Colin Powell retreating from that years later after the US had destroyed a sovereign nation, its citizens and soldiers–along with their own soldiers.
A decade later, Powell claimed he was “misled” about WMD. Hmmm. Who did the misleading?
Different players now, but similar strategies.
It sounds as though the world’s banks have an increasing number of reasons to circumvent New York.
The Iraq war was sold to us as defending our freedom against a tyrant but it was really because they thought they could no longer rely on Saddam and needed a puppet gov who was friendly to their oil needs in the middle east.
It has backfired on them as every other conflict has that they have been involved in.
FATCA will backfire too and hit them financially when the world moves to another reserve currency.
My Mother was a WE2 nurse in Iraq and she understood the politics of it better than the American gov. She always said it wasn’t a real country and shouldn’t have been cobbled together like that. The three groups all hated one another and it would never work.Why didn’t the US know that?
Consequences of US widening the net to catch tax-dodgers
Content here largely lifted from the German article yesterday. This one is in English. Comments allowed.
Americans Abroad @ACAVoice 1h1 hour ago
June 4th 4pm CET/10am EST join us for #ACAChat Our topic: What do you want from ACA? #AmericansAbroad #expats #AmericansOverseas
So I can now keep illegal drugs in the box instead since they are now telling people what they can or can’t be stored in a box that is rented… what next… Will Chase make everyone open their boxes to verify their contents to make sure it is what Chase is allowing in the box… will they make people sit in a room with a video set up & inventory the boxes in front of them?
It’s pretty obvious that the info concerning taxes on the passport application and the passport itself is directed at non-resident Americans specifically, yet if they were serious about informing people they’d start enforcing the law that requires USC’s to enter and exit on a U.S. passport.
Senate tax reform groups get more time
This was on 21.5.15. I must of missed it. Jac Dak pointed out. Comments open.
If you wonder where the $100 Bln number comes from, take a look at how others try to calculate the unknown:
Yes we’ve hashed out that $100B number before. Shovel reminded us back in March about this article:
Regarding past failures to determine number of CLNs issued etc …. here’s your chance to voice your opinion:
Well the headline might get their attention
Thanks, Orwell, for the link to the Washington Post article about the congressional committee that wants to hear complaints about foia requests. Good luck to anyone who wants to ask them why the State Department won’t disclose how many CLNs they approve. I would ask, myself, but I have no faith that they will ever disclose that information. In the past, someone from State wrote that they wouldn’t reveal how many CLNs they were approving, because CLNs are private documents — which made no sense whatever.
Apparently we will have to leave it to historians to try to estimate how many CLNs were generated in our time. It’s shocking that in these days when the NSA collects all kinds of information about individuals, we can’t even get such innocuous information as the number of CLNs from the US government.
Here in Toronto I continue to meet U.S. people who are just now or still wondering what to do about all this. Most are tempted to renounce, but now the outrageous fee is a deterrent, and the waiting lists at consulates are controlling the rate at which people are being let out after being fleeced.
I mourn what has happened to the US since I grew up there, and I worry that the Harper government has been taking us way too far in their direction. Our only hope in the near future seems to be the ADCS lawsuit.
I have closed this, the original Media and Blog Articles thread — due to its length, it was getting unwieldy — and opened a new thread Media and Blog Articles Open for Comments (Part 2 of 2).
If you commented on this thread in the last day or so and would like your comment to appear on the new thread, please feel free to repost it here.