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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

click here to read article


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To: dcgst4

Great link! Thanks for posting this...


41 posted on 04/03/2010 7:35:48 AM PDT by CatQuilt (Lover of cats =^..^= and quilts)
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To: Oldexpat
Capital stays away

Once that happens, it is all over.

42 posted on 04/03/2010 7:37:04 AM PDT by riri (III)
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To: Ghost of Philip Marlowe


Who would ever have thought that tyranny would be implemented with
such high-sounding, super-educated, legalistic language.

Just confirms the old addage:
“ “An idea so bankrupt that only an intellectual would consider it.” “

And Obama supporters accept it on faith.
Seeing how Obama is the head of their church.


43 posted on 04/03/2010 7:38:37 AM PDT by VOA
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bookmark


44 posted on 04/03/2010 7:42:50 AM PDT by Lorica
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To: Ghost of Philip Marlowe
Who would ever have thought that tyranny would be implemented with such high-sounding, super-educated, legalistic language.

It's the only way they can succeed. They've been dumbing down schools for several generations now, our publicly educated kids know nothing about American exceptionalism or the massive downside of Communism. Look who voted for BHO. Look who's wearing all of those "Che" T-shirts as fashion statements.

The bastards think we're ripe for the picking. They underestimate those of us who remember and respect our American heritage.

45 posted on 04/03/2010 7:44:24 AM PDT by Tigerized (pursuingliberty.com)
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To: wiggen

This law may impact foreign investing in this country. An important tenet of foreign investing is the ability to move capital when required. Foreign individuals and corporations will not invest if they cannot access capital when necessary. The law allows exceptions so political connections will matter, another negative aspect of crony capitalism. I also think that foreign governments may retaliate by withholding US investor money. In this bill and other proposed bills and existing legislation, I see a potential for an ugly trade war.


46 posted on 04/03/2010 7:47:49 AM PDT by businessprofessor
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To: Candor7
I told folks they would do this. An Economic Berlin Wall goin up. Next thing you know, it will be exit visas necessary for Americans making over a certain amount of annual salary, or in certain professions such as doctors and nurses and firefighters and the like. This happens just before they start ordering some people into the camps, and preventing Americans from leaving the United States itself.
47 posted on 04/03/2010 7:48:18 AM PDT by AmericanInTokyo (The FASCIST knows his window of opportunity is now only 7 months. Watch him like a hawk.)
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To: Willie Green
Read the law.

Or did you become a Communist?

48 posted on 04/03/2010 7:51:03 AM PDT by AmericanInTokyo (The FASCIST knows his window of opportunity is now only 7 months. Watch him like a hawk.)
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To: AmericanInTokyo

I wrote a few months ago that we were, historically speaking, reaching a time when the next logical step was violence against those who resist. Things have picked up considerable steam since I wrote that. I have zero doubt it is coming.


49 posted on 04/03/2010 7:51:41 AM PDT by riri (III)
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To: Candor7

Every day something evil pops out of BO. He wants to control every aspect of our lives.

When will it stop????


50 posted on 04/03/2010 7:51:53 AM PDT by azishot (J.D. Hayworth...U.S. Senator FOR Arizona...http://www.jdforsenate.com/)
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To: Oldexpat

If, by definition, we’re now a “banana republic” with this latest attempt to control capital, it’s even worse than I thought.

All the more reason to finally stand up on our hind legs and make some noise.


51 posted on 04/03/2010 7:52:10 AM PDT by Tigerized (pursuingliberty.com)
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To: Candor7

Time to go Gault.


52 posted on 04/03/2010 7:53:03 AM PDT by joelt
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To: CatQuilt

You’re welcome. Peter has the greatest way of telling us what the real results of gov’t meddling are. He often finds those innocuous little things in legislation that turn out to be real wealth and freedom killers in the long run. I was surprised sometime back to hear Charles Krauthammer say that this student loan thing was just a minor, insignificant change! Charles usually sees right through this stuff, but he missed that time.


53 posted on 04/03/2010 7:54:36 AM PDT by dcgst4
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To: dcgst4

Heck many of us overseas have known that for years, but especially under Obama it has accelerated ten fold. So Schiff is right. I won:t name names, but I will tell you folks are rather savvy in the thousands it seems, and they see Socialism coming when the see it, and also the long confiscatory arm of the Statists in the USA. A great many have already made their move and many others who contemplated it are now moving the schedule up as well.


54 posted on 04/03/2010 7:54:42 AM PDT by AmericanInTokyo (The FASCIST knows his window of opportunity is now only 7 months. Watch him like a hawk.)
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To: DrC
Obama’s not a socialist: he’s a crony capitalist!

Allow me to parse. Socialism for you and me. Looting the capital for him and his cronies.

55 posted on 04/03/2010 7:55:51 AM PDT by VRW Conspirator (There is no such thing as a conservative democrat - Rinse - Repeat)
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To: riri
He is trying to strangle Uncle Sam against the backdrop of the international economy, and create a crisis. It is on purpose to weaken the United States. It is not even a joke or a question mark any more.

Not for me.

Not for a lot of us Americans overseas.

This is deliberate.

56 posted on 04/03/2010 7:57:58 AM PDT by AmericanInTokyo (The FASCIST knows his window of opportunity is now only 7 months. Watch him like a hawk.)
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To: riri
Citizens must now decide whether to stay in the USA or follow their capital by reouncing US citizenship and leavingthe country.

That is starting to look like the safer bet.

Now is not the time for fair weather Patriots.

57 posted on 04/03/2010 8:00:54 AM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: Candor7

I am not against laws protecting the resources of AMERICANS from being drained out of AMERICA.

Americans are not “citizens of the world.” They are citizens of America.

Our founding fathers chose a model of free and guarded nationalism.


58 posted on 04/03/2010 8:01:08 AM PDT by unspun (PRAY & WORK FOR FREEDOM - investigatingobama.blogspot.com)
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To: AmericanInTokyo

Good to know you’ve taken steps already. I’m just lining up my options now. After years in manufacturing and watching the gov’t destruction of thousands of good jobs, I have the feeling my future will sadly lie beyond these shores. I’ll do whatever I can to prevent that, but I can’t just hand everything to d.c. After years and years of 12+ hour days and weekends, to see some jerk who spent 10 minutes in the federal gov’t take it all away is too much to bear. Even if I come out Ok, I can’t help but think of all the people I know who lost so much.


59 posted on 04/03/2010 8:01:45 AM PDT by dcgst4
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To: azishot

I don’t know, but I have been reading about Hitler’s rise to fascist power and the steps are remarkably similiar.

The group that helped him so much was gone in an instant in Night of the Long Knives. Pelosi and Reid had better watch their back.


60 posted on 04/03/2010 8:04:16 AM PDT by autumnraine (America how long will you be so deaf and dumb to the chariot wheels carrying you to the guillotine?)
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