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Keyword: capitalcontrolsact

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  • It's Official - America Now Enforces Capital Controls

    03/29/2010 2:16:54 PM PDT · by Major Matt Mason · 14 replies · 1,053+ views
    Zero Hedge ^ | 03/28/10 | Tyler Durden
    It couldn't have happened to a nicer country. On March 18, with very little pomp and circumstance, president Obama passed the most recent stimulus act, the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487), brilliantly goalseeked by the administration's millionaire cronies to abbreviate as HIRE. As it was merely the latest in an endless stream of acts destined to expand the government payroll to infinity, nobody cared about it, or actually read it. Because if anyone had read it, the act would have been known as the Capital Controls Act, as one of the lesser, but infinitely more...