It probably started at universities. With local control of schools, I guess individual districts would be first to implement it. At least people who care about the issue enough can move to red areas.
Regarding the original article about highway robbery, I don't think the feds should have a monopoly on corruption.
A lot of states have put in CAF reform laws, with carve-outs for federal cases. Following the obvious incentives, locals now contact the feds and turn it into a federal case so they can share in the spoils. It's disgusting.
Passage of the bill would effectively opt Mississippi out of a federal program that allows state and local police to get around more strict state asset forfeiture laws.
Here is a related matter that I hope, but doubt, will lend creditability to this. Today I first head of a ESG score. Environmental, Social Justice and Governmental score. It was argued as the reason companies are going woke. If a company has a bad score, banks will not do business with them out of fear of earning a bad ESG score themselves. If I learned of this ten years ago I would have just thought it was the rantings of a paranoid conspiracy freak. But it is not ten years ago and I have since learned of FATCA. This is precisely how FATCA works. What is FATCA? I invite you to research this but be warned that what you can easily find about is no more accurate that the reporting on Covid.
A brief synopsis should serve as a warning of where all this is going. FATCA requires every single Financial Institution (FI) on the planet to report all the information they have on US Persons who have over a certain amount in deposit. The details of the law and the realities of it are quite different and too detailed for this discussion. The methods the US uses to force Foreign Financial Institutions (FFIs) to comply is, however, of interest. Any FFI that does not comply is subject to a noncompliance fee equal to 30% of US derived income. For FFIs that do not have US derived income, those that do and do business with them are forced to act as the unpaid enforcers of FATCA and collect from these clients les they are forced to pay the noncompliance fee. Another route is the SWIFT system, which was hijacked by the Obama administration as a route to enforce FATCA. That is the stick.
The result for individuals is best described by the FATCA letter I received around 5 years ago.
(Found that I can not post scans of the actual letter so instead I will quotes parts of it.”
“Reporting to the U.S. Tax Authorities”
“If you treated as a U.S. person, we are required to periodically report your information such as name, address, account number, tax identification number, account balance, interest income, etc., to the U.S. tax authorities.”
To open the account I had to consent by signature to the following.
“I herby express my consent to the Bank that the Bank report information about myself (name, address, TIN, transaction records (accounts balance, change in amounts, etc.) to the Internal Revenue Service of the U.S. and to the Japanese Tax Agency for the p “
Since receiving my FATCA letter, more has transpired. I have long used International Postal Money Orders (IPMO) to send and receive money to/from outside Japan. In recent years, this became more and more troublesome. I will spare you the step by step increase in difficulty but will share how it ended. After decades of experience using IPMOs to send money to and from Japan, I was suddenly forced to provide my US SSN# (to the post office in Japan.) and eventually had to wait for the IPMO to be approved and return to the PO once notified it was approved. This was not for a large amount of money, merely $30., yes thirty USD sent by my parents for my son’s birthday. The IPMO service has since been discontinued.
That details a fraction of the difficulties I have faced as a US citizen (USC) living abroad, difficulties born not in my country of residence but the US. The difficulties, costs and threats borne by FFIs has resulted in something the US Congress did not anticipate and for which after all these years, a solution has not been found. So called “accidental Americans”, people born in the US of Non USCs who were brought home at a young age and those like my kids, born of one USC parent abroad are having their bank accounts closed or worse, frozen. FFIs do not want to deal with clients that FATCA has made toxic.
The carrot FATCA offered other nations is US FIs would spy on their clients from abroad. Many argued that we need not be concerned because Congress would not approve such a measure. True, Congress would not. Untrue that this provision was not of concern. The Treasury dept. simply issued regulations providing for US FIs to provide some of the data FATCA requires of FFIs. Challenges to this by the Bankers Associations of Florida and Texas were thrown out due to lack of standing.
When I hear of the fuss that transactions of $600. or more being automatically reported to the US government all I can say, well I tried to warn ya, but ya, just wouldn’t listen. Called me all sorts of bad names. Which is among the reasons I am not at all optimistic that this problem will be dealt with. No one cares until it affects them and no one will help because nit is not, at that point of time affecting them. Folks, we are decades behind all this and unless we wake the fuck up fast like last decade fast …well enjoy ending your existence in a state of servitude.
I would like to hear more. Maybe a substack for this? I'm sure you could share other insight and experiences that would interest those of us who are alarmed whenever the camel's nose goes under the tent in any regard that takes away freedom and privacy.
Boy, where to begin. Short synopsis of how I found out. I was blissfully unaware that the US is one of only 2 countries that practices Citizenship Based Taxation (CBT). The other is Eritrea. After living in Japan for well over a decade I had to renew my passport. The application for renewing it had a couple of statements and questions upon it that caused me to research. Did not believe what I was reading, over the top nutty comments and opinions. Still, it was on the application so I kept digging. Then I found the actual legislation, letters by congressmen and senators and records of lawsuits. It was like something out of a horror movie, like seeing a tiny drop of water on the ceiling and investigating. Up on a ladder you push the ceiling where the water droplet is, the ceiling parts and entire universe of water pours out and carries you away.
Spent every moment I could over the next 5 or 6 years studying all I could on the subject, writing to Senate and Congressional committees and to all friend and family in the States trying first to stop implementation and then to roll back and repeal it. Learned a hell of lot about a hell of a lot of seemly unconnected things. None of it good. I look in on the current situation every now and then as I can no longer stand the stress of keeping up with it like the Covidivians do within the current panic. No good news, just bad news.
In short, USCs abroad have every single electronic transaction reported to the US. This has led to account closings and freezes for many. That has not been the case for Japan, probably due to the different type of Intergovernmental Agreement (IGA) that Japan signed. But, my kids are also bound by this despite being Japanese and only Japanese in Japanese law, the land of their birth and residences.
If you are interested, look in to US CBT (Citizenship Based Taxation), FATCA and FBAR. Back before my believe in the goodness of of fellow man was destroyed I used to recommend anyone and everyone look into these. I stopped recommending it other US expats as all it leads to is sleepless nights, ulcers and disillusionment, despair and hopelessness.
Respect for private property has disintegrated in the US, which needs to be fought in courts to get it back. Latest example of a win was the Supreme Court striking down eviction bans.
I have never understood how this is deemed Constitutional — it seems to clearly violate both the 5th (due process and takings clause) and 14th (due process) amendments. And of course it is morally grotesque regardless of its legality.
Just like with every single other issue we are dealing with at the moment. This too has been a problem that has been growing for decades and ignored for all that time. Nobody cares about anything until they themselves are victims. Then it is too late AND no one else cares because it did not happen to them. Another of the many problems caused by allowing democracy to fly on autopilot.
Doesn't really bother me. People can avoid problematic counties. Our real issues are at the federal level, where nobody can escape.
Wrong. Cancer (or bad laws/practices) spread. Look at how racist "theory" has now become indoctrination at schools everywhere.
I thought they were banning that stuff in many states.
But don't you think that stuff started in the counties first?
It probably started at universities. With local control of schools, I guess individual districts would be first to implement it. At least people who care about the issue enough can move to red areas.
Regarding the original article about highway robbery, I don't think the feds should have a monopoly on corruption.
A lot of states have put in CAF reform laws, with carve-outs for federal cases. Following the obvious incentives, locals now contact the feds and turn it into a federal case so they can share in the spoils. It's disgusting.
https://blog.tenthamendmentcenter.com/2022/01/mississippi-bill-would-end-civil-asset-forfeiture-opt-state-out-of-federal-program-in-most-cases/
Passage of the bill would effectively opt Mississippi out of a federal program that allows state and local police to get around more strict state asset forfeiture laws.
Here is a related matter that I hope, but doubt, will lend creditability to this. Today I first head of a ESG score. Environmental, Social Justice and Governmental score. It was argued as the reason companies are going woke. If a company has a bad score, banks will not do business with them out of fear of earning a bad ESG score themselves. If I learned of this ten years ago I would have just thought it was the rantings of a paranoid conspiracy freak. But it is not ten years ago and I have since learned of FATCA. This is precisely how FATCA works. What is FATCA? I invite you to research this but be warned that what you can easily find about is no more accurate that the reporting on Covid.
A brief synopsis should serve as a warning of where all this is going. FATCA requires every single Financial Institution (FI) on the planet to report all the information they have on US Persons who have over a certain amount in deposit. The details of the law and the realities of it are quite different and too detailed for this discussion. The methods the US uses to force Foreign Financial Institutions (FFIs) to comply is, however, of interest. Any FFI that does not comply is subject to a noncompliance fee equal to 30% of US derived income. For FFIs that do not have US derived income, those that do and do business with them are forced to act as the unpaid enforcers of FATCA and collect from these clients les they are forced to pay the noncompliance fee. Another route is the SWIFT system, which was hijacked by the Obama administration as a route to enforce FATCA. That is the stick.
The result for individuals is best described by the FATCA letter I received around 5 years ago.
(Found that I can not post scans of the actual letter so instead I will quotes parts of it.”
“Reporting to the U.S. Tax Authorities”
“If you treated as a U.S. person, we are required to periodically report your information such as name, address, account number, tax identification number, account balance, interest income, etc., to the U.S. tax authorities.”
To open the account I had to consent by signature to the following.
“I herby express my consent to the Bank that the Bank report information about myself (name, address, TIN, transaction records (accounts balance, change in amounts, etc.) to the Internal Revenue Service of the U.S. and to the Japanese Tax Agency for the p “
Since receiving my FATCA letter, more has transpired. I have long used International Postal Money Orders (IPMO) to send and receive money to/from outside Japan. In recent years, this became more and more troublesome. I will spare you the step by step increase in difficulty but will share how it ended. After decades of experience using IPMOs to send money to and from Japan, I was suddenly forced to provide my US SSN# (to the post office in Japan.) and eventually had to wait for the IPMO to be approved and return to the PO once notified it was approved. This was not for a large amount of money, merely $30., yes thirty USD sent by my parents for my son’s birthday. The IPMO service has since been discontinued.
That details a fraction of the difficulties I have faced as a US citizen (USC) living abroad, difficulties born not in my country of residence but the US. The difficulties, costs and threats borne by FFIs has resulted in something the US Congress did not anticipate and for which after all these years, a solution has not been found. So called “accidental Americans”, people born in the US of Non USCs who were brought home at a young age and those like my kids, born of one USC parent abroad are having their bank accounts closed or worse, frozen. FFIs do not want to deal with clients that FATCA has made toxic.
The carrot FATCA offered other nations is US FIs would spy on their clients from abroad. Many argued that we need not be concerned because Congress would not approve such a measure. True, Congress would not. Untrue that this provision was not of concern. The Treasury dept. simply issued regulations providing for US FIs to provide some of the data FATCA requires of FFIs. Challenges to this by the Bankers Associations of Florida and Texas were thrown out due to lack of standing.
When I hear of the fuss that transactions of $600. or more being automatically reported to the US government all I can say, well I tried to warn ya, but ya, just wouldn’t listen. Called me all sorts of bad names. Which is among the reasons I am not at all optimistic that this problem will be dealt with. No one cares until it affects them and no one will help because nit is not, at that point of time affecting them. Folks, we are decades behind all this and unless we wake the fuck up fast like last decade fast …well enjoy ending your existence in a state of servitude.
I would like to hear more. Maybe a substack for this? I'm sure you could share other insight and experiences that would interest those of us who are alarmed whenever the camel's nose goes under the tent in any regard that takes away freedom and privacy.
Boy, where to begin. Short synopsis of how I found out. I was blissfully unaware that the US is one of only 2 countries that practices Citizenship Based Taxation (CBT). The other is Eritrea. After living in Japan for well over a decade I had to renew my passport. The application for renewing it had a couple of statements and questions upon it that caused me to research. Did not believe what I was reading, over the top nutty comments and opinions. Still, it was on the application so I kept digging. Then I found the actual legislation, letters by congressmen and senators and records of lawsuits. It was like something out of a horror movie, like seeing a tiny drop of water on the ceiling and investigating. Up on a ladder you push the ceiling where the water droplet is, the ceiling parts and entire universe of water pours out and carries you away.
Spent every moment I could over the next 5 or 6 years studying all I could on the subject, writing to Senate and Congressional committees and to all friend and family in the States trying first to stop implementation and then to roll back and repeal it. Learned a hell of lot about a hell of a lot of seemly unconnected things. None of it good. I look in on the current situation every now and then as I can no longer stand the stress of keeping up with it like the Covidivians do within the current panic. No good news, just bad news.
In short, USCs abroad have every single electronic transaction reported to the US. This has led to account closings and freezes for many. That has not been the case for Japan, probably due to the different type of Intergovernmental Agreement (IGA) that Japan signed. But, my kids are also bound by this despite being Japanese and only Japanese in Japanese law, the land of their birth and residences.
If you are interested, look in to US CBT (Citizenship Based Taxation), FATCA and FBAR. Back before my believe in the goodness of of fellow man was destroyed I used to recommend anyone and everyone look into these. I stopped recommending it other US expats as all it leads to is sleepless nights, ulcers and disillusionment, despair and hopelessness.
It's so disheartening. I also have to pull away from some of this as I get so upset. Thanks for sharing.
I understand perfectly. I am going down this road and it is not a pleasant path.
Respect for private property has disintegrated in the US, which needs to be fought in courts to get it back. Latest example of a win was the Supreme Court striking down eviction bans.
Rots o” ruck with that. Just get thrown out for “lack of standing”.
Tell me about it. Courts are all we have re some of these issues.
Courts are not the solution. If not thrown out, it takes years and tons of money and even a win does not stop it from happening again.
Agreed but with the other two branches outright leftist socialist at this point, I don't see any other solution. If you do, I'd like to hear it.
Fredrick Douglas is said to have made a statement on the three boxes that guarantee freedom. Two have been utilized but failed.
I have never understood how this is deemed Constitutional — it seems to clearly violate both the 5th (due process and takings clause) and 14th (due process) amendments. And of course it is morally grotesque regardless of its legality.
There are many thing the US Gov does that violate the Constitution.
They literally charge the money (or whatever) with the crime. That's how you end up with cases like this one:
UNITED STATES of America, Plaintiff,
v.
AN ARTICLE of hazardous substance CONSISTING OF 50,000 cardboard BOXES more or less, each containing one pair OF CLACKER BALLS
Those protect only in criminal cases, hence the name “Civil” forfeiture.
Just like with every single other issue we are dealing with at the moment. This too has been a problem that has been growing for decades and ignored for all that time. Nobody cares about anything until they themselves are victims. Then it is too late AND no one else cares because it did not happen to them. Another of the many problems caused by allowing democracy to fly on autopilot.