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It's Official - America Now Enforces Capital Controls (The Obama Fascists destroy Investing)
Zero Hedge ^ | 3/28/2010 | Tyler Durden

Posted on 04/03/2010 6:00:07 AM PDT by Candor7

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To: Boucheau
Agreed. Impatiently waiting for such a person to surface.

I like Palin, but he doesn't have what it takes to get the job done. 10-15 years ago, sure she would have been great turning back the tide. But, it's too far gone now. We need a commander and a general, a take no prisoners conservative/libertarian to face this opponent down and to give supporters of this country and everything it stood for the confidence to do what needs to be done.

Palin doesn't fully understand the threat and she has too much to lose.

161 posted on 04/04/2010 4:22:47 AM PDT by riri (III)
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To: Candor7

Not long ago, if you had a bank account in Venesuela, it was confiscated. Chavez merely stole everyone’s money.

FACT


162 posted on 04/04/2010 5:11:45 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: Chuckster
Does this mean that the money in my Canadian savings account, which was taxed by the IRS when I earned it, is now subject to an additional 30% tax when I withdraw funds?

Only if you've kept it secret (i.e., not declared it as a foreign account on your income tax, and refused to give --when asked, soon--your TIN to the Canadian bank to forward to the IRS).

163 posted on 04/04/2010 5:16:13 AM PDT by Pearls Before Swine
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To: snowrip

“So let’s say that I buy a home and a business in Costa Rica. I move there, maintain a dual citzenship, and run my contracting business. Do I owe anything to the US government?”

That depends on a number of factors. You would be well advised to speak to a CPA familiar with tax law in Costa Rica & the USA.


164 posted on 04/04/2010 5:31:09 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: melancholy

“Soros shouldn’t be happy about this. Oh, wait a minute, it’s his agenda not 0kaka’s; therefore, a patriot like Soros must be exempt from this progressive plague.”

Soros has owned businesses in Bermuda, and elsewhere for years. He hides his money in a chain of corporations.


165 posted on 04/04/2010 5:33:53 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: griswold3

I am aware of that, but thank you for posting it.

That is why I so often refer to Obummer, the Marxist now posing as a Fascist.

Today he is a Fascist.

When he gets enough control, he will kick the CEO’s under the bus and show his true colors as a Marxist.

Repeal the 17Th Amendment.

Return the selection of senators to the state legislatures as our founding fathers intended. This is the only sure way to return to the states their lawful rights under the Constitution. Senators will then, as actual representatives of the states rather than the people, protect states rights and prevent the federal government from destroying the states with unfunded mandates


166 posted on 04/04/2010 5:52:17 AM PDT by old curmudgeon
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To: Candor7
I got Hoppes No. 9. Gallons of it.

"I love the smell of Hoppes No.9 in the morning..."

Drift...

Actually I just like the smell, period...also new books and old books, cigarettes when they're first lit by someone with a zippo lighter...I don't smoke...OH! and the smell of 'brown & serve' rolls baking...all yummy!
167 posted on 04/04/2010 7:17:13 AM PDT by CaptSkip
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To: stephenjohnbanker; All
Soros has owned businesses in Bermuda, and elsewhere for years. He hides his money in a chain of corporations.

Yep, I'm sure he gave 0kaka the order to clamp down on capital after he (Soros) transferred all he and his rich Progressive cronies wanted.

Moreover, in every dictatorship, the ruling elite and their underlings can do what they please. They all have billions in foreign banks saved for the eventual rainy day when they are kicked out.

Remember, all the restrictions apply only for the riffraff, us peasants.

168 posted on 04/04/2010 7:46:43 AM PDT by melancholy
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To: melancholy

The dope on Obama/Soros/ACORN/SEIU/ was all available on the internet 2 years ago. I moved almost all of my money offshore by December 2008.


169 posted on 04/04/2010 7:56:43 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: jonascord
Do you actually believe that there will be voting in November? The local cops are on the Feds side. We are Effed.

Although I fear you well may be right, I take some solace in the fact that there are still many LEOs and damn near all of the military who haven't forgotten that their allegiance is to the country, not the president and congress.

Do they really think they're going to take on a sea of armed and angry citizens, even with their automatic weapons and armored vehicles? The cops I know haven't forgotten that they're citizens as well, subject to the same oppression as the rest of us.

170 posted on 04/04/2010 8:52:43 AM PDT by Tigerized (pursuingliberty.com)
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To: Pining_4_TX
You are assuming that electing different people will change anything. The reason we have the Dems in office now is because the Republicans screwed up so badly when they were in charge.

If it's true that no men or women of solid character still exist, then we are truly hosed. But I think there's still a few true Americans around who understand that the trappings of wealth and power don't necessarily mean individual happiness and contentment.

The founders intended a citizen government, where our representatives would leave their businesses and farms for two years, do their duty, and then return. It may seem naive and simplistic in today's geopolitical climate, but the concept is still valid; we need to end the reign of the professional politician.

That recent immigrant with the funny accent, selling hot dogs from the push cart on the corner, is already a better American capitalist than the current squatter in the oval office. If BO had ever worked an honest job for a single day in his life, we wouldn't be where we are now.

We can never, ever, forget that our country belongs to its citizens and taxpayers, not those who plunder the fruits of our labor in some grand utopian scheme.

171 posted on 04/04/2010 9:11:12 AM PDT by Tigerized (pursuingliberty.com)
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To: stephenjohnbanker

Good for you!

Things are a lot easier for me, I have no money to move! LOL


172 posted on 04/04/2010 9:16:39 AM PDT by melancholy
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To: OneWingedShark
“Tomorrow I will be sober, but you will still be ugly.” — Churchill

:)

173 posted on 04/04/2010 9:40:11 AM PDT by bootless (Never Forget. Never Again. (PursuingLiberty.com))
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To: Tigerized
The cops I know haven't forgotten that they're citizens as well, subject to the same oppression as the rest of us.

Yes. I wonder how the membership numbers of Oathkeepers are doing...

174 posted on 04/04/2010 9:52:22 AM PDT by bootless (Never Forget. Never Again. (PursuingLiberty.com))
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To: melancholy

Even 1,000 can be snatched.


175 posted on 04/04/2010 12:45:21 PM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: Robert DeLong

Agreed. Just the ones who pay taxes and have informed treasury as required that they have accounts abroad.

Obama just made 100 million enemies, at least.Which is why the MSM won’t write it up.The fewer who know the better fromm their POV.


176 posted on 04/04/2010 2:32:00 PM PDT by Candor7 (Now's the time to ante up against the Obama Fascist Junta ( member NRA))
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To: Tigerized
I have the distinct opinion that the "Michigan Militia" round up, last week, was a test run. It doesn't matter if they actually DID anything, and that there was a Federal agent provocateur prodding and suggesting to them to SAY whatever the FBI needed to arrest them.

The Right ran for cover. The local cops and the media sucked the Fed's hind tit, and did what they were ordered to do. I don't have much faith in local LEOs when they can be bought with bloused boots and surplus web gear, and a promise that they won't be prosecuted...

177 posted on 04/04/2010 3:51:24 PM PDT by jonascord (We've got the Constitution to protect us. Why should we worry?)
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To: riri

Great comment, thanks!


178 posted on 04/04/2010 4:42:35 PM PDT by Weirdad ("Welcome to Zimbabwe! Now hand over your property...." -- by freeper Regulator. Mob rule is here.)
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To: Candor7
One interesting fact about this control of capital. If you look at Obama's 2008 tax return (I am a tax practitioner over the past 40 years and have prepared thousands of tax returns) you will notice that 08 was one of the only years that Obama made enough money (book sales) to create significant investment consideration.

In short, Obama invested almost exclusively in Tax Exempt instruments AND mostly in foreign investment accounts. In fact a number you can glean from the bowels of his tax return is that he made approximately $176.000 in foreign dividends that were untaxed by the U.S. government.

It seems he is the one during the campaign that said the "wealthy" weren't paying their fair share and that big ugly republicans are exporting jobs. He was guilty of both in the first year he had to make discretionary investment decisions.

179 posted on 04/04/2010 10:18:44 PM PDT by scannell
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To: scannell

Excuse me, that would be $176,000 not $176.000


180 posted on 04/04/2010 10:21:38 PM PDT by scannell
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