Postby X2 » March 4th, 2017, 10:34 am
I suspect that both parties were just buying time to cover their own vast amounts of cocoa... the billions that they and their ilk have BOTH stolen from our economies so they can ride in Prados and sip on our blood while we dig about in the mud hole and hope to retire with some dignity (if we aren't murdered first). You think all of their bribes are paid in TTD or to TnT accounts ?
FATCA is simply the big hand of the real enforcer of the US Gov... the IRS. It's to squeeze balls and as much as it is simply wrong and unfair, it will surely stifle investment and encourage shady business, but it is unlikely to get repealed, especially after it has been accepted by pretty much every nation.
FATCA will affect many, including non US residents and citizens as it's the ultimate method of spying on bank information (banks, the real criminals). Finding terrorist funding is small potatoes... they need to track drug money as they always wanted... because that's where the big chunks of foreign exchange reside. The shadow economy money is what destabilizes both US and foreign economies. (Surprised no one said a word about it with all of the pappy show posts here). At least 2 major TnT banks were ALREADY compliant WELL before the bill passed, so most of the points made are moot. You're financial information is going to be shared, citizen, resident or not. Personally, I'm more concerned with what criminal or blacklisting activities will be enacted upon us by our own people when they are granted access to the same.
As far as spying... if you're big in the dance, 'they' already know who you are. If you're talking on a cellphone, they are already listening (in many parts of POS at least). Fakebook... the greatest spying tool ever created, bought Whatsapp for billions in stock and cash... WHY do you think they bought a piece of software that is completely free and has no advertising ? LoL... because of information collection and it's value to both american and foreign governments. Voice and Video calling coupled with FB recognition software, GPS data being constantly recorded. These services are provided for 'free' in exchange for your privacy.
The world has become a smaller place than ever before, and I assure you, the common man will suffer more for it than the criminal element because, governments are not afraid of their citizens, it's afraid of their criminals.