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To: AlexW

So tell me...do you have a job or savings accounts based in the Philippines or do you rely on income sent monthly from the USA in order for you to live your “1000 dollar” a month lifestyle?

If things go south in the USA, they’ll slap currency export controls so that wealth doesn’t flee the USA. Folks living on Social Security, US based pensions, or annuities who are expats are going to be in for one hell of a surprise!


51 posted on 01/04/2013 10:32:56 PM PST by mdmathis6 ("Barry" Xmas to all and have a rapaciously taxable New Year!)
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To: mdmathis6

“So tell me...do you have a job or savings accounts based in the Philippines or do you rely on income sent monthly from the USA in order for you to live your “1000 dollar” a month lifestyle?”
________________________________________________

I do not spend $1000 per month here. I could survive here on NO social security money, and I have a wife and child, and no, I do not have a job here.
How good is life in America for a family of three on $1000 per month?
Many workers here live on a wage of $4 or less, per DAY.

Social Security is obligated to pay back funds that we paid in during our working years, and not dependent on where we live.
They have a very large staff at the US embassy here.
My social security is in my Philippine bank on the forth of each month, like clockwork.


70 posted on 01/04/2013 11:26:26 PM PST by AlexW
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