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

http://bydio.com/images/FATCA_Timeline.jpg
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 six 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.
http://pro.stansberryresearch.com/1310PSIEANEW/LPSIQ295/
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…

Sincerely,

George Rayburn
Publisher, Stansberry Research

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Stansberry

I'm afraid to even click on it. Every stansberryreearch link I've ever know has eventually led me to one of those endless, non-navigable videos that tells me the world is about to collapse and to keep watching because after maybe an hour or three the video is going to eventually reveal a tidbit of information that is going to keep me from collapsing along with the rest of the world. After about a half hour I will inevitably determine myself to not have the time or interest to watch long enough to reach the carrot at the end of their schtick, I will attempt to close the video, and up will pop a screen asking if I'm really sure I want to click away from such an important video. At that point I will become paranoid and wonder if my computer just received a virus. Then I will do a ctrl/alt/delete to summon the back door kill switch for my browser [also losing the other windows I have open] and run a security scan. Is it one of those links?

LMFAO!!!

THAT WAS AWESOME

Love Liberty, be Vigilant

"Now the Lord is that Spirit: and where the Spirit of the Lord is, there is liberty" (2 Corinthians 3:17)

Faith in God will prevail all things!

You call it a "Backdoor

You call it a "Backdoor security switch" but the rest of us just call it the task manager.

Ctrl + shift + esc will bring it up faster if you're on Windows Vista or higher.

"kill" switch

yes, Task Manager :D

"Ctrl + shift + esc" - Wow, hey, that's great! Boom! I had no idea, thanks. :)

The chart is a nice addition. You must subscribe to the newsletter, huh? When I had my other windows closed I did click on the link. Yup, one of those videos. I don't actually fear malware* from Stansberry anymore, but I don't have the patience for his videos nonetheless. The carrot on the stick has always been his newsletter, a carrot too pricey for me. I have remained curious for years though, so thanks for the nibble.

*about a month ago cudnoski posted a link to some nasty malware, uffda, took me a couple hours to remove it all, I forgave him though :D

Cyril's picture

I WANT the USD to collapse. Real bad. Loudly. I CAN'T wait.

At this point, I WANT the US "dollar" to collapse. Real bad. Loudly. I CAN'T wait.

I wish it happens. If ever, asap. For, it will hurt. But it will also slap many in the face, usefully for some.

Also, it will finally! help draw the line better in the sand: you will then see shortly thereafter WHO are the real Americans - capital "A" - vs. the hopelessly rotten beggars of the state.

Eventually, History will have to conclude. Either way.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Valid point...HOWEVER....

...They are not doing away with the currency to collapse the US economy.With this law,the CURRENCY will end.In their sceme,this is intended to institute the biblical "mark of the beast".Everything will be done on a credit system.They will start enforcing the clause in obamacare,that requires every american to have an rfid chip implanted.No law abiding citizen will know peace.The government will controll every aspect of everyones lives.So any american that caves to this law,is giving in to terrorism!

Disagreement

Without policy changes, the cycle of political oppression and needless suffering continues.

Otherwise I think the primary way to rectify matters is to become involved politically, as Dr. Ron did. Of course that's no guarantee, but at least one's conscience can be at peace with circumstances.

Cyril's picture

Time will tell. But...

Time will tell. But...

Although I'd love to be proven wrong, I meant to say I'm just not very optimistic (euphemism) to see significant policy changes following the republic's rules and capable to counter balance the current large scale plunder, both legal and economic... that we see (and suffer) ever expanding at today's pace.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

She could survive it.

I am confident the true America could survive that.

Even THAT. If she really wants.

Her fake currency of plunder today failing by no means imply Her to fail as well.

For Her to fail and disappear miserably, aborted, this would be necessary, but not sufficient.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius