Gitzo Loc: Indiana

Obama's new July 1st 2014 law will shock most Americans

Dear Reader,
We've been critical of several Obama Administration policies over the past few years…

But a new law set to go into effect on July 1st, 2014 (less than five months from now), might be the Administration's worst decision yet.

On this date, Title V of House of Representative Bill #2847, known as "FATCA," goes into effect.

We believe this could precipitate a huge collapse in the U.S. dollar… and a rapid decrease in our standard of living.

Of course, we're not the only ones who believe this new U.S. law is going to be a disaster for our country and American citizens.

Andrew Quinlan of the Center for Freedom and Prosperity says: "FATCA is pound-for-pound the single worst tax law on the books."

Even the normally liberal Atlantic Monthly magazine said: "FATCA seems to be turning into a nightmare and disaster."

What does this law do… and why is it so bad for America?

The founder of our Research Firm has put together a detailed explanation of what is happening in America right now, and why this new law is something EVERY American should pay close attention to.

Get the facts for yourself, free on our website, here…http://pro.stansberryresearch.com/1310PSIEANEW/LPSIQ2WW/

Sincerely,

George Rayburn

camera_junkie

Gitzo,
Take your right wing nut crap outside.

Gitzo Loc: Indiana

Dear Comrade Junk; I'm trying to find out who it is that's FORCING all of you libs to read it; BTW.......I would hardly refer to a law that is about to go into effect as being "right-wing crap"; (especially when it was the "left-wing" that voted it in. )

KW Conch Loc: USA

Porter Stansbury....yeah he's a real credible source. NOT.

camera_junkie

Organizations Supporting H.R.2847

National Association of Railroad Passengers
Family Violence Prevention Fund
National Coalition Against Domestic Violence
American Institute of Physics
Mothers Against Drunk Driving (MADD)
New York State Bar Association
National Association of VOCA Assistance Administrators
National Judicial College
American Probation and Parole Association
National Association of Police Organizations, Inc.


Organizations Opposing H.R.2847

National Association for Gun Rights

'nuff said!

DrPhrogg Loc: NJ

I'm confused. How did Obama's bill originate in the Republican House?

Gitzo Loc: Indiana

Konk; What proof do you have that YOU are any smarter than this guy, Porter Stansbury? As a matter of fact, wheat proof do you have that you're even "smart" at all? The only thing I've EVER heard out of you is that YOUR "savior" (Ovomit ) is "great"; (he's NOT "great" at all ) BTW.....your pet HC law, (Obamascare ) is costing the state of Hawaii something like $27,000 for everyone who has signed up. (Too bad you're not a taxpayer in Hawaii! )

Frankly, I'm personally not all that worried about FATCA, as it isn't going to affect me one way or another.

silver Loc: Santa Monica Ca.

HAHAHAHAHA more from the bag of nuts.

Gitzo Loc: Indiana

Dear Comrade Confused: The information provided in the link will clear up your confusion; it will also explain exactly why "FATCA" is BAD, BAD, BAD. (All you have to do is read it. )




http://americansabroad.org/issues/fatca/fatca-bad-america-why-it-should-be-repealed/

Also;

http://www.forbes.com/sites/robertwood/2013/11/13/tina-turner-gives-up-u-s-citizenship-big-fatca-wheel-keep-on-turnin/

Once you read these, you'll be one of the only people on UHH who has any idea of what you're talking about, regarding the FATCA law.

DrPhrogg Loc: NJ

Still confused. This deals with reporting on foreign investments, and was supported by 24 Republicans in the House, and 17 Republican in the Senate. This was supported by some republicans, so how is reporting on foreign investments bad unless you are trying to hide illegal money?

DrPhrogg Loc: NJ

Still confused. This deals with reporting on foreign investments, and was supported by 24 Republicans in the House, and 17 Republican in the Senate. This was supported by some republicans, so how is reporting on foreign investments bad unless you are trying to hide illegal money?

Gitzo Loc: Indiana

Dear Comrade Junk;
I would dearly LOVE to see you attempt to explain why ANY of the "organizations" above would have the slightest interest in a new, highly repressive tax law that will soon require ALL Americans living or working in foreign countries to pay DOUBLE taxes in some cases, and to spend thousands of dollars in order to satisfy the U.S. Government. My guess is, you don't have a clue what it is that you're attempting to "talk about".

"Mothers Against Drunk Drivers"?????? An admirable organization, and one for which I have previously volunteered to testify for in a court case; (and also one which has probably never even heard of "FATCA", and wouldn't even have an opinion if they did. )

Bangee5 Loc: Louisiana

Gitzo, I checked out the link that you had given. Is it some kind of sales pitch? I did a check on Title V of House of Representative Bill #2847, known as "FATCA," and I came up with the same crap word for word. Nothing tells me what Bill #2847 is about but wants me to watch a video, "sales pitch on investments"? Please give me a clue to what this is about so that I won't have to watch a video that has nothing to do with me in the first place.

I am not coming down on you man, just want to know what you are posting.

tschmath Loc: Los Angeles

Gitzo, if you weren't already shown to be a complete loon, I'd actually feel sorry for you. We have had this same discussion before, and you seem to just want to foment dissension, so let me make this clear one more time for your simple mind to comprehend.

No House Bill ever - I repeat, ever - has a date to go into effect, because IT IS NOT A LAW. The only things that go into effect are laws, enacted by BOTH houses of Congress, and they are no longer bills, but public laws. This guy you quote is and idiot, and you diminish your credibility by quoting him. He is totally ignorant of the way a bill becomes law, and you just buy his Kool Aid by the gallon. Thank god that there are enough intelligent people on this site to see through you and your pathetic attempt to sound intelligent.

Oh, yes, I'm a hand fairy, so try another name when you respond, OK?

silver Loc: Santa Monica Ca.

Gitzo doesn't even know what its about.