Not surprisingly, I saw this article this morning: here. The US has put banking sanctions on Iran, except those transactions within the scope of the energy market. When are people going to figure it out? Sanctions and prohibition just don’t work. All it does is push banned activities onto the black market, which usually end up hurting the lowest classes the most. Ask anybody about how successful the sanctions have been on Cuba, or how effective sanctions were to topple Sadaam Hussein.
This serves as even more proof behind what I saying the other day: that the US wants total control over the world banking system and is merely using the FACTA as a means to get control. Remember how us overseas Americans or ex-Americans were the whole basis of justification for this law– to discover if we have “hidden” assets? Personally, I feel very insignificant in the world, but I was (all of us) were used to justify this monstrosity. Nowadays, foreign financial institutions, and especially governments, shouldn’t be worried if they have an American with a bank account; they should be worried about turning over their sovereignty on a silver platter to the US.