The Invisible Prison

No one can deposit a foreign check in an American Bank account.
http://www.youtube.com/watch?v=3eLO5wRMFvI

If you are rich there is no escape!
http://www.irs.gov/businesses/small/international/article/0,,id=97245,00.html
From what I can tell, if a person pays less in taxes
than $124,000 a year or have less than $2 million in the bank, as long
as the IRS' reporting requirements are followed one would be safe from
taxes starting for the first year that citizenship is not held.

All credit card transactions are sent to the IRS to help with 1099s you for got to do. :) LOL
http://www.marketwatch.com/story/firms-fume-over-new-irs-reporting-rule-for-c...


1099s you need to do in 2012.
http://www.naturalnews.com/028854_1099_small_business.html


Exchange controls
If you have a bank account in another country that bank must take 30% of what was withdrawn and send it to the IRS.
And if you have a foreign brokerage account the broker could get in a lot of trouble with the USA and so can you because it's now ILLEGAL.

America is done like diner and Americans just got forked.
:)
No worries it will happen to everyone else as well eventually.

Category:

Education

Tags:

• The
• Invisible
• Prison

[Plum369]

well didn't ron paul introduce a bill recently to allow competing currencies? He is on the inside of gov. info, so, apparently he sees the need for an alternate currency ,like gold or silver, (or the good old "amero" haha) not just return to the "gold standard" Think of it. He wants to end the fed. a compteting currency would allow the MARKET to end the fed wouldn't it.

[davincij15]

@Plum369

Yes slowly.

[w0tm]

Mountain House freeze dried but expensive for the calories. Best (tastes terrible) are the 3600 calorie ER bars sold by Amazon. At least a five to one better than MH. It does just provide proper nutrition and calories but that's OK plus you may not want to cook creating smoke and smells if things are really crazy.

[davincij15]

@w0tm

I have 100 of those ER bars as well.

[Lazyeyewitness]

Hey Dav- In my opinion you did the right thing by holding on. I have been "loading the boat" so slowly over the last 5 years, that I never miss the money that I put towards gold each month. That way I never think of selling. I'm not in it to make a killing, I'm in it to preserve the value of my money which is constantly being debased. When I see a better alternative to gold, and silver, then I guess I will think of selling.

[davincij15]

@Lazyeyewitness

Yep that's when you should sell when their is a better product to store wealth or you need or want something.

[KarlBrkr]

Gold is now used to accumulate wealth. Don't think of it in dollars per ounce, value your wealth in HOW MANY ounces you own.

Thanks for the update.

Karl (from bullorbearreport)

[ytgv3fc7]

@davincij15 I also have no interest in Don Harold. Nothing against the guy but nothing he has to say, uniquely, is of interest to me. Anything he has to say in agreement with other youtube users like streetmoney21 or stellaconcepts or drutter, sure, but then I can just get the information direct from those other sources. That's just me, no spokesperson, but I see 5 people already marked thumbs up to the jp5466 comment, so ...

[LoveVanillaRose]

AND THE TRUTH SHALL SET US FREE

[Plum369]

@davincij15 have you checked out dehydrate2store(dotcom)? she also has a youtube channel, worth your time tocheck it out.

[kricke243]

I guess, like in the "The Shawshank Redemption", you have to dig out slowly, a teaspoon of rock every day or so (no one will notice) or...buy an ounce of metal every once in a while... :)

[emofelix23]

Is it just me or are we slowly going back to the gold standard. Personally I think the faith standard was doomed to begin with. Money is the root of all evil and capitalism is a failed system. Some capitalism is ok but we saw what happen with the laissez faire attitude between the 80s and 2008. We need to not give businesses hands out for screwing up the economy in the first place and we shouldn't let the profit motive to cloud peoples ability to think of other people.

[charlesfuchs]

@drutter hmmm, you have to sell your gold now.... jk jk.... hmmm i would only sell gold to buy more of the silver stuff :-)