Wednesday, February 19, 2014

These are really great pictures !

Following Bread Crumbs On The Trail Of The Dead Banksters.....

The Rumor Mill News Reading Room

Following Bread Crumbs On The Trail Of The Dead Banksters.....

Posted By: Watchman
Date: Wednesday, 19-Feb-2014 09:17:00

-This week we learned that the level of bad loans in Spain has risen to a new all-time high of 13.6 percent.
-China is starting to quietly sell off U.S. debt. Already, Chinese U.S. Treasury holdings are down to their lowest level in almost a year.
-During the 4th quarter of 2013, U.S. consumer debt rose at the fastest pace since 2007.
-U.S. homebuilder confidence just experienced the largest one month decline ever recorded.
-George Soros has doubled his bet that the S&P 500 is going to crash. His total bet is now up to about $1,300,000,000.
For many more signs of financial trouble all over the planet, please see my previous article entitled "20 Signs That The Global Economic Crisis Is Starting To Catch Fire".
Could some of these deaths have something to do with this emerging financial crisis?
That is a very good question.
http://theeconomiccollapseblog.com/archives/does-the-trail-of-dead-bankers-lead-somewhere

Check out Global Currency Reset (GCR) ?

Global Currency Reset (GCR) ?

KTFA NEWS-INTERESTING EXCHANGE RATE CHANGES ON FOREX

KTFA NEWS-INTERESTING EXCHANGE RATE CHANGES ON FOREX

Date: Tue, Feb 18, 2014 at 11:54 PM

KTFA:

DELTA » February 18th, 2014, 11:51 pm •

FAMILY: THIS FOREX EXCHANGE IS SHOWING 1USD=11.6 DINARS

U.S. Dollar/Iraq Dinars (^USDIQD)

+ Alert

+ Portfolio

11.6-1,158.3 (-99.01%) 6:00P CST (FOREX)

View Help Detailed Quote as of Tue, Feb 18th, 2014

http://www.barchart.com/detailedquote/forex/US_Dollar/Iraq_Dinars/%5EUSDIQD

MAYBE IT'S NOTHING, BUT THE DATE IS NOW SHOWING FOR 02/19/14

IT IS ABOUT $.08=1 DINAR
....
Read More Link on Right

laurakreeves1 » February 19th, 2014, 12:16 am

Very Exciting Delta........maybe we are seeing some of that volatility that is anticipated???? maybe testing????    whatever it is, I know there are "detectives at work" figuring it out!! I look forward to seeing how it plays out:)

*************

Dinar5: I would happy to see this as a starting point! I just want it to start MOVING!

*************

bullet » February 19th, 2014, 12:39 am •

DELTA,   CBI IS STILL SHOWING 1166     bullet

************

DELTA » February 19th, 2014, 12:43 am

LIKE I SAID FAMILY MAYBE IT'S NOTHING, BUT IT'S VERY INTRESTING. :

************
Shade: hmmm it's showing in the historical highs and lows on that same site

Visit stage3alpha at: http://s3alpha.net/?xg_source=msg_mes_network

Police Shoot, Kill 80-Year-Old Man In His Own Bed, Don't Find the Drugs They Were Looking For.

https://www.youtube.com/watch?v=RZFlIK-zAO8

EXOGEN:

JUST TALKED WITH ART AND THEY ARE CHANGING THE PRICES ON FOOD AND ITEMS IN IRAQ RIGHT NOW

DELTA » February 18th, 2014, 11:51 pm •

FAMILY: THIS FOREX EXCHANGE IS SHOWING 1USD=11.6 DINARS

U.S. Dollar/Iraq Dinars (^USDIQD)

+ Alert

+ Portfolio

11.6-1,158.3 (-99.01%) 6:00P CST (FOREX)

View Help Detailed Quote as of Tue, Feb 18th, 2014

http://www.barchart.com/detailedquote/forex/US_Dollar/Iraq_Dinars/%5EUSDIQD

MAYBE IT'S NOTHING, BUT THE DATE IS NOW SHOWING FOR 02/19/14

IT IS ABOUT $.08=1 DINAR

laurakreeves1 » February 19th, 2014, 12:16 am

Very Exciting Delta........maybe we are seeing some of that volatility that is anticipated???? maybe testing????    whatever it is, I know there are "detectives at work" figuring it out!! I look forward to seeing how it plays out:)

*************

Dinar5: I would happy to see this as a starting point! I just want it to start MOVING!

*************

bullet » February 19th, 2014, 12:39 am •

DELTA,   CBI IS STILL SHOWING 1166     bullet

************

DELTA » February 19th, 2014, 12:43 am

LIKE I SAID FAMILY MAYBE IT'S NOTHING, BUT IT'S VERY INTRESTING. :

************
Shade:  hmmm it's showing in the historical highs and lows on that same site

The latest interview from the Chem Trail whistle blower

Date: Feb 19, 2014 12:04 AM
Subject: The latest interview from the Chem Trail whistle blower
To:
Cc:

http://www.naturalhealth365.com/dangerous_chemicals/0894_chemtrails.html

Definitely worth watching her...Laurel

Missing Military-Industrial-Complex Money

The Rumor Mill News Reading Room

Missing Military-Industrial-Complex Money

Posted By: SARTRE
Date: Wednesday, 19-Feb-2014 06:42:27

When Major General Smedley Butler made his case, "War is a Racket" he did not pull any punches. "The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits – ah! That is another matter – twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent – the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let's get it." The business of military procurement has multiplied since his fateful revelations.
Read the entire article on the Corporatocracy archive page
http://www.batr.org/corporatocracy/021914.html
Subscription sign-up for the BATR RealPolitik Newsletter
http://eepurl.com/ESQ5L
Discuss or comment about this essay on the BATR Forum
http://forum.batr.net/showthread.php?tid=8021

New 0 0 0 0

http://www.batr.org/corporatocracy/021914.html

Open Letter to John Kerry

Open Letter to John Kerry

Dear Secretary of State John Kerry:

Because of my respect for the United States, I will attempt to afford you the honor you think you so richly deserve. It’s hard to speak to you with anything but anger, hard to feel the need, again, to start from the beginning because you clearly choose to ignore history in your quest for glory. It is a quest destined to fail but its outcome, even, or more accurately especially, in failure, will hurt Israel.

Greater men than you have tried to make, to force, peace on the Middle East. I promise you, you will fail too. You will fail because you are not addressing the root cause of the problem. You, like so many before you, take the easy way out. Blame Israel. It is so easy to do, and so stupid.

I could speak to you of history – a history longer and greater than you can imagine. I could speak to you of injustices – yes, our land is filled with the graves of those murdered for the unjust reason that they lived here, or traveled abroad, or ate in the wrong restaurant, or took the wrong bus.

I could speak to you of justice – of a population exchange similar to those that have taken place through out history as nations settle between war and peace. They left their lands to go there, most voluntarily so that their invading brothers would have a clear path as they pushed the Jews into the sea. And our people, who left their homes and possessions in Arab lands, most forced, not voluntarily, and came here.

We fed our brothers, clothed them, gave them homes. And most importantly, we loved them and gave them the most precious of gifts – a future, a present, as integral parts of the land and people of this country. My neighbor, the family across the street – they live in the same houses that I do, drive the same cars, attend the same schools. He is an engineer; he is a judge in the courts. She is a nurse; she is a lawyer. All my neighbors, though their grandparents came here with nothing.

And at the same time, across many borders, the Arabs put their “brothers” in refugee camps, all but starved them. They raised them to be embittered – not at those who kept them in squalor, but those they had hoped to defeat. They blame us and you are naive enough to blame us as well?

They chose war, John Kerry, while we chose compromise. And you would blame us for this horrible chain of the decades? They invaded – five Arab nations, in 1949. They attacked. Out of sheer desperation, we won enough of our land to give us a measure of security…it lasted only 7 years, until they attacked again. But oh what we did in those 7 years. We welcomed our refugees from Europe, from Arab lands. We built them tent cities and turned them into real cities. We conquered swamp land and made it habitable and we raised our children to dream that someday there would be peace. We created universities and schools and parks.

But the Arabs would have none of it. In 1948, in 1956, again in 1967 and again in 1973 and again and again, almost daily, we fight off their attempts to do in 2014 what they failed to do in 1948. They have not learned and amazingly enough, John Kerry, neither have you.

We have built and evacuated whole communities; we have withdrawn from land in exchange for nothing but the hope that we could appease the “unappeasable.” We have flown around the world to help others – from earthquakes, tsunamis, devastating storms, famine and more.

We have allowed the Arabs – yes, allowed them, to fire tens of thousands of missiles at our cities and we know they have more than 170,000 more rockets and missiles ready to try again. At any time and with no notice whatsoever, we have the power to flatten Gaza into the world’s largest, flattest parking lot. And each time they attack, we think of it and know we can’t do it, won’t do it. And you would blame us for the failure to make peace?

When we attempt to stop them, to push back their military capabilities, just a bit, we aim for the rocket launchers, the arsenals, the training camps while they aim for our cities – Beersheva, Shderot, Ashkelon, Netivot, Ashdod. And you would threaten us for the ongoing state of war?

There cannot be peace until you recognize your enemy. There cannot be successful negotiations if you fail to understand those you would bring to the table. You fail on both counts.

After hearing that you threatened Israel unless the peace talks succeed, I can only conclude that your ignorance is even greater than I thought. I knew, years ago, that you had no clue what the Arab world is thinking, feeling, dreaming of. Now I know the same is true about Israel – you don’t understand us any better than you understand the Arabs and that amazes me.

Unlike the Arab world, Israel is an open society – read our newspapers, speak to the people on the street. No one will stop you and we won’t escort you with secret police to control your experience. Pick any town, city, village, settlement and you will hear the same thing. Pick any street, any person and ask them what they dream of, what they want for their children. We do not dream of glorious death and martyrdom for our sons. We dream that they will never have to even serve in the army.

I have friends who agonized over their sons going into the army. I could understand my agony, as I grew up in the United States where all my friends promised they would run away from the US before they would ever be drafted. I knew nothing of army and war and guns. But my friends here in Israel? They had served in the army; why did they suffer so when their sons were drafted.

“We served so that they wouldn’t have to,” I’ve been told over and over again. They never believed, 20+ years later that their sons and daughters would have to sacrifice three years of their lives, that we’d still be at war.

You won’t hear that in the Arab world. Oh, they’ll tell you that they dream of peace because they know that is what you want to hear, but in Arabic, they will talk of a time when there will be no Jews in the entire Middle East, never mind no Jews in the Palestine they envision. Their religious leaders will whip them up to the glory of Allah and jihad. But still you would expect us to make peace with them?

Theirs is a culture built on a dream – a dream that they will own the world…my corner, John Kerry, and even yours. Theirs is a society that believes in a heaven earned by causing the deaths of others and so when their sons blow themselves up and kill those Jews, they celebrate. And yes, they celebrated on 9/11 when they killed your people just as they celebrated when we released their terrorists and killers in yet another attempt to appease them…and you.

If you don’t understand their ability to celebrate, I will confess that neither do I. I have seen the mothers hugging their sons in a video, made the night before they killed themselves…and the innocent men, women, and children, of their enemies who happened to be on that bus, in that mall, or asleep in their homes. It doesn’t matter to them if they kill a soldier, a man with a gun, a pregnant woman, or a helpless child. The more, the better, in their twisted interpretation of what their God wants. You don’t understand this and I can see where it is hard, given your western mentality. But not understanding it doesn’t give you the right to ignore it.

You won’t fail in your goal of ramming peace down our throats because of this, however. You will fail because, amazingly enough, you don’t even understand Israel. We are the easiest to get, the easiest, honestly. All you have to do is listen and see – but even that is beyond you.

Listen to our national anthem – it does not speak of war. It is called, “The Hope” and speaks of a dream of 2,000 years to be a free people. We value that – the ability to protect ourselves, to be free in the land of our forefathers. Even the most right wing among us would be willing to compromise for a real peace, a peace where our children and grandchildren could live without the fears we deal with daily. We do not interfere in how they raise their children; we are stupid enough to even fund some of their text books – all in our own misguided belief that we can make peace with those who do not yet want it.

You threaten us with economic sanctions, with international isolation. This is your latest blunder, and it is a big one. Israel is laughing at you this morning. Economic sanctions?

They gassed us, beat us, bombed us, burned us. They haunted us, hunted us, hated us through the centuries across many lands and through this land in the last several decades. They burned the synagogue where my grandmother was hiding; they gassed my great grandmother to death.

International isolation? They put us in ghettos, they exploded our buses and shot our babies in the head. They lynched my neighbor, attacked the buses on which my friends travel. They shot my daughter’s teacher (and his infant son) and ambushed and killed a colleague of mind.

We are fighting for our lives, John Kerry – no less today than we were in 1948. The ONLY difference is that through the greed and stupidity of the Arab nations, we are stronger than we ever were, not weaker. You will fail, John Kerry, because you are fool enough to think you can come here, wave your American flag, look at your watch and tell us you’d like to finish these peace negotiations by 5:00 p.m. because you have a date at the opera or a baseball game to go to.

For a long time now, the Arabs have fooled you. They’ll speak to you of peace over the coffee they serve you and then when you leave the room, they slap each other on the backs and laugh – another successful day at making the US look stupid.

Now, this time, we will have that in common with the Arabs; we are laughing at you too. Naftali Bennet has tried to explain it to you, “There has not yet been a nation that has given up its land due to economic threats, and nor will we. Only security will bring economic stability, not a terrorist state near Ben-Gurion Airport.”

Greater men have failed, John Kerry – and I promise you, until you know Israel and until you understand the Arabs, you don’t have a prayer of succeeding. Go watch the Superbowl, at least then, maybe you’ll have done something worthwhile.

Paula R. Stern

http://www.paulasays.com/2014/02/02/open-letter-to-john-kerry/

Les Lazarus

leslaz007@gmail.com

Tuesday, February 18, 2014

God Is Opening Doors

The following word was given by Apostle Tim Sheets:

God Is Opening Doors

The year 2014 is 5774 on the Hebraic calendar – Ayin Dalet. The Hebrew calendar speaks to us prophetically. The number 4 is the letter Dalet. Dalet is the word for "door," or an open tent flap, or the opening into a new territory. 5774 is also a Leap Year in the Hebraic cycle. Ayin Dalet references a year of open doors – so you can leap forward, that is, a year of open doors so you can spring forward.

Holy Spirit is going to open doors supernaturally for His people this year to surge ahead. Many in the Body of Christ have had doors closed by adverse circumstances, by demon attacks, by financial attacks, even people attacks, but we come together to declare the word of the Lord.

God is right now opening doors for us to leap forward. He is opening doors for us to surge ahead, and we are now going to run through open doors and spring into our future. We're going to leap over adverse circumstances. We're going to leap over demon attacks. We're going to leap over financial attacks. We're going to spring into hope that is sure. It is steadfast. It is immoveable. We're going to overcome and we're going to reign – demonstrating a superior power in our Kingdom.

"Arise, And I Will Empower You"

The Spirit of the Lord declares to the Church, "Doors of new history will now be opened. A new movement will now spring forth. A new stream from My throne will begin to flow. It is a pure stream of pure Gospel; for the stream of My Gospel has been diverted and dammed up by those who wanted the benefits of reservoired blessings, but I will now blow up the dams.

"I will have a Gospel that flows and flows freely. My movement will move. It is built to move and it will move. Empowered by fresh downpours, fresh rain – the downpours of Heaven will fill it to overflowing. It will leap to flood stage. It will not be confined by Laodiceans. It shall be a pure Gospel stream that is lit with the fire of My cause, one that I can back with signs, with wonders, and with miracles; one that is not diluted by pride, immorality or greed, one that I can marshal Heaven's army behind, one that I can back with awesome Kingdom power.

"And the generations will synergize their efforts together for the revival of ingathering such has not been seen heretofore. I am calling My Gideons to come out of hiding and stop the raiding of My harvest. I have seen you behind the winepress. I have seen your secret toil. I have heard your cries. Now hear Mine. Arise and I will empower you. Arise for the days that are in front of you, and leap into the future that I have ordained for you.

"I will synergize the warriors, the eagle warriors with my remnant warriors, those who have faithfully committed themselves to Me. I will synergize them together now for the greatest move that I have ever released upon this earth. You shall now see and you shall now know that there is a Kingdom that is indeed at hand, and it is an awesome Kingdom. I've seen your heart and I will empower you. You will defeat your enemy, and you will enjoy the spoils of victory. You will say, 'Our enemy has resourced us. Our enemy has poured abundance for us. We have more because of war.'

"A shift in leadership will now come," says the Lord. "A new breed of leaders will be revealed in My Kingdom. The obscure ones who have served faithfully will now receive promotion man has not seen – but I have seen. It will be said, 'Where did they come from? Who are they?' And I will advocate for them.

"I will say, 'These are they who came from My presence. These are they who would not compromise. These are they who would not be muzzled; they would not bow to darkness. These are they who have not been appeasing of humanistic ways with enticing words, but have stood for Me and My words. These are they that did not flinch. These are they that would not bend their knee to blended religion or doctrines of demons. They stood unashamed for Me; now I will stand unashamed for them. I will side with them. I have proclaimed their victory, and now I will oversee its completion."

Divine Alignment Will Spring Forth In Your Life

"Can there be an abundance in Goshen? Can there be plenty in My remnant camp? Watch and see. Great deliverance is coming. New history is coming. Abundance is coming. The set time has come for the war eagle generation of young reformers to partner with the remnant generation, and there will now come a divine alignment. This will spring forth.

"There will now come a functioning Church in the midst of dysfunction. Multiplied grace is now being poured forth. Bound souls shall be set free. Captives in heart will be delivered. Those blinded by sin and iniquity will be liberated from Hell's bondage as the revival of the ingathering now leaps ahead. The synergized generations in sync with My angel armies and soaked in the fresh rains of Heaven will now leap forward into great revival. It will be a movement that moves in power, in passion, and in purity. I will back it with signs, wonders and with miracles.

"Notable miracles are leaping forth. Notable miracles are leaping into your region. Notable miracles are leaping into your households. The revival in the womb of My intercessors is now leaping in them. It's leaping from the womb of those in travail. It is now time for the birthing of forerunners who will run. Leap into your future. The door is open!"

FOREIGN ACCOUNT TAX COMPLIANCE....... FATCA

http://fatca.thomsonreuters.com/

KTFA's Memphis "FACTA Revisited"

02/18/2014

Post From KTFA By NOVA » February 18th, 2014,

If I Were To Make A List Of Things To Understand Pre & Post RV, THIS ONE IS AT THE TOP!!

The Changes That Have Happened And Are Happening WIll Have More Impact On Our Lives Than The Repricing Of The Dinar.

And Yes I Know That Is A Big Statement, Because The Repricing Of The Dinar Is A Life Changing Event!

Well Done Brother!!!!

Memphis wrote on February 18th, 2014, 5:02 am: FATCA - revisited

After making a post yesterday titled "Behind the Curtain" it dawned on me that all of my posts lately could be called that. :popcorn:

Memphis Continues: I am decidedly not a research guy. Ask me if I have read the entirety of FATCA and all of it's provisions? I would just chuckle and smile...

    I plan to have a staff of people devoted to simply doing research and bringing stuff to me. I enjoy taking a thing and finding it's value, it's worth. The sad reality today is that there are multiple streams of value to follow and nearly all of them reside ( you guessed it) out of plain sight...behind the curtain.

    On December 26th we had the opportunity to have a two hour CC where the topics were picked by YOU and we got to then reply and offer our opinions. I liked that.

    One comment that I clearly remember making was that FATCA is among the most invasive legislation to ever hit the planet. I was trying to get people's attention....

    There is so much said about FATCA these days that no one would care to read it all but I have concern that many of us still do not recognize the extent to which all governments (and especially ours) have gone to lock down our money.

Thus I am offering up the following blog from a recent email to once again point...

    The grab by all gov't is a simple manifestation of the extreme levels of debt. It is EVIDENCE of the last stage in a cycle that has repeated throughout history and the play book is being followed to perfection.

Because of this we can predict with confidence (in broad terms) the way things will unfold. Our gov't will tax all that they can and then take what we will allow. It is already happening.

    FATCA is just one of the big chess pieces being used in this game but it's reach is so broad and it's tentacles run so deep that many foreign banks will no longer accept business from a US citizen. The cost of compliance added to the potential liability leaves them no incentive to even consider it.

    Like most of my posts lately, this one is not a destination, a stopping off point in the discussion of FATCA. This is at best only a small glimpse into a deep, dark hole!

    haha, now you see why Nova calls me "sunshine"? j/k (not really)

    This blog from last week is kinda a story and like most stories it L@@Ks best standing all alone. So enjoy, as this one has no added commentary from me. :thug:    Blessings, Memphis

    This Could Destroy the Lives of Millions

    Gwen is a dual American-Canadian citizen who has found herself in a serious bind due to FATCA, which has been dubbed “the worst law that Americans have never heard of.”

    Her situation is far from unique and contains valuable lessons.

    In case you’re new to FATCA, see this article.(below)*

    Nick Giambruno: I recently heard your story on Canadian news and thought it was one that had to be told to our readers. Why don’t you tell us the basics of how you got caught up in this mess?

    Gwen: I’m a Canadian from birth, and I’m also a US citizen from birth because I was born to a Canadian father and an American mother in the US. I have basically never had anything much to do with the US besides living there as a child.

I left very early, at the age of five, and lived the rest of my life as a Canadian. I knew that I was a dual citizen, but it really didn’t mean anything to me.

    I really had no idea that the US bases their taxation on citizenship and not on residency, so to find that out now is a big shock for me and many, many other people like me. It’s estimated that there are a million dual American-Canadian citizens in Canada.

But I think there are actually many more than that, because they wouldn’t have counted somebody like me since I’m not in their system, and there are many more people like me who aren’t in their system—people who were born in Canada, from US parents, for example.

They are considered US persons for tax purposes. If you consider the people like spouses and children of people like me, I would say that maybe close to 10% of the Canadian population is directly affected.

The rest of the Canadian population is indirectly affected by having the cost of compliance that the banks are incurring foisted on them as raised fees, not to mention a general drain on our economy.

    Nick Giambruno: Canada, in many cases, has higher taxes than the US, so you end up owing no taxes to the US. Even in this scenario, you are having issues?

    Gwen: Yes, because there are still filing requirements even if you don’t owe any US taxes. And since I—and most others—didn’t have a clue about these requirements, I haven’t filed anything.

The main problem is with the FBAR forms—the forms where you are supposed to report foreign bank accounts. They come with enormous penalties.

    Editor’s Note: See this article for more information on the FBAR form. (below)**

    These forms were originally developed to try to catch US citizens who lived in the US and had money and unreported earnings in hidden offshore accounts. It was never meant to be for somebody like me, a dual citizen who permanently lives in a different country.

I consider these my domestic day-to-day savings, checking, etc. accounts that I have used for over 25 years. And they don’t really care whether or not the money in the account was yours or not.

For instance, if you have a mortgage, that’s considered your balance. But the US government considers me to be a citizen and that these are foreign accounts, and I am supposed to report them annually to the IRS under the threat of absolutely ridiculous penalties.

The American government is saying that I am a criminal unless I prove otherwise. They are trying to go after people with big money and they are actually catching little minnows like me.

    Nick Giambruno: Even though you haven’t lived in the US since you were five years old, you are subject to US taxes and tax reporting.

That’s the same for any American, even if they have never set foot in the US, like an American who was born in China and lived there for their entire life. I would imagine that many of these people have no idea of the liabilities and unusually severe penalties hanging over their heads.

    Gwen: They have no idea at all. Anybody I’ve explained this to doesn’t believe it, because they think it can’t be possible, it so obviously doesn’t make any sense.

Who in their right mind would think that this would make sense? So, yeah, it’s been almost impossible for me to get others to understand. A lot of people want to be in denial.

They don’t want to believe it’s true, so they are going to kind of wander along and hope that it goes away. I am just at a loss really at how to get people to really rally and understand that this is something that we have to stand up against.

    Nick Giambruno: So why is this all of a sudden such an immediate problem? You’ve lived in Canada all your life. Why is this now so urgent?

  Gwen: It’s because of FATCA, otherwise known as “the worst law that most Americans have never even heard of.”

    Normally I would have said, “Well, I don’t care because I live in Canada, so I’m not going to follow your stupid law.” But it just doesn’t work that way.

FATCA is truly an extraterritorial law in that it forces every foreign financial institution in the entire world to provide the IRS with information on their American clients. So FATCA is forcing my banks to rat me out, and Americans like me.

    I don’t think anybody or any company is going to want to have to deal with US persons because of all of this extra reporting. They don’t want to have US persons on their boards and whatnot, because then they are subject to extra regulatory burdens.

So that’s going to really hurt US citizens who want to work abroad. Even if they don’t live abroad, they can actually be hurt by being rejected as a business partner.

    Nick Giambruno: Aren’t there less harsh penalties for non-willful violations? How is it determined if a violation is willful or not? It seems like a pretty grey area.

    Gwen: It’s totally a grey area, and it is totally up to the discretion of the IRS to make that decision. I have no idea how they make that distinction. That’s why it’s so scary for people like me.

    And if you make your case to them that your violation was non-willful and they don’t believe you, then too bad for you. There is no recourse.

Many people got lured in thinking they would get lighter penalties by claiming their violations were non-willful. But then the IRS can—and often does—turn around and say, “We changed our minds; we think you are willful, so we are going to charge you the maximum penalty.”

    And it’s happened to people like old grandmothers, who got scared into coming forward because they wanted to be compliant. They have been married to a Canadian for over 50 years, and some are little widows living on their small amount of savings, and they can end up getting wiped out.

And it isn’t just the prospect of losing all of your savings, and potentially more. If your offense is deemed willful you could also face many years in prison.

    Nick Giambruno: So you’re facing the prospect of years in prison and being wiped out of every single penny that you have saved if you ever return to the US. Are you afraid the US could do anything to you while you are in Canada, such as extradite you?

    Gwen: No, they can’t really do anything like that. Canada has said that they will not impose the taxes or penalties from another foreign government onto their citizens.

So the US government can say that I owe many millions of dollars, but the Canadian government is not going to make me pay it and neither is my Canadian Revenue Agency.

They said they are not in the business of enforcing other peoples’ laws. But the problem is that my banks will discriminate against me regardless of any of those things.

As we mentioned before, increasingly nobody wants anything to do with US persons. I’m afraid my banks will close my accounts. If that happens, I’m going to have to come up with some kind of alternative.

Am I going to have to run a cash-only business? Am I going to pay cash and put all my money under my mattress? It’s a really hard thing to imagine.

    Nick Giambruno: Is it any surprise, then, that a record number of Americans have been renouncing their citizenship? Does this trend seem logical to you?

  Gwen: Absolutely; who would want to have this type of cloud hanging over them for the rest of their lives? It’s bad enough to have to file your taxes every year to a second country—even if no taxes are owed in the first place—and to see the costs that it entails to tax-filing professionals.

But to have the draconian penalties hanging over you for the rest of your life makes it just not worth it to retain US citizenship, in my view.

    Nick Giambruno: Are Canadians aware of FATCA and the US system of citizenship-based taxation? What is the general awareness of these issues?

    Gwen: It’s pretty low. I don’t think anybody really knows this, and even if they are told it, they don’t believe, because no other country in the world does it. So they think that’s not possible.

    I don’t think our government wants Canadians in general to know about this, because they want to sign a FATCA deal by signing an Intergovernmental Agreement (IGA) allowing FATCA to take effect in Canada, very quietly under the table and pretty much spring it on us, and then say it’s a done deal.

    Nick Giambruno: The penalty for a foreign financial institution that doesn’t comply with FATCA is a 30% withholding on all US transactions. Is Canada realistically going to be willing to suffer this penalty in order to resist FATCA?

    Gwen: I can’t imagine that the US would actually cripple their largest trading partner to such a degree that we can’t do business with them anymore.

I mean that’s just ridiculous, and I don’t know how they are going to possibly enforce it. Who plans to hold this 30%, and who is going to take it?

Are people going to be able to ask for their 30% back if they don’t think it’s right—is there recourse? Where is all money from FATCA noncompliance penalties going to be put, and who is going to be in charge of administering it? The IRS?

Are they really going to be overseeing every single bank transaction and determining that this 30% has to be withheld? That’s millions and millions of transactions per day around the world—it’s mind boggling.

    Nick Giambruno: Gwen, thank you for taking the time to share your story. I wish you the best in resolving your problems and driving awareness of this critical issue in Canada.

    Gwen: Thank you.

    Editor's Note: Canada has now signed a FATCA agreement with the US. See here for more details. (below)***

    note: for those with interest, links to extra reading can be found in SC think tank posting. :handshake2:

User avatar NOVA

What is FATCA?

FATCA stands for The Foreign Account Tax Compliance Act (FATCA) which was enacted as part of the Hiring Incentives to Restore Employment (HIRE) Act on March 18, 2010.

FATCA creates a new information reporting and withholding regime for payments made to certain foreign financial institutions and other foreign entities.

The FATCA rules generally become effective with respect to certain payments made on or after January 1, 2014

.http://fatca.thomsonreuters.com/about-fatca/faqs/


http://www.dinarrecaps.com/1/post/2014/02/ktfas-memphis-facta-revisited.html

Update by Sheldan Nidle for the Spiritual Hierarchy and the Galactic Federation2/18/2014

Rumor Mill News Agents Forum

Update by Sheldan Nidle for the Spiritual Hierarchy and the Galactic Federation2/18/2014

Posted By: Mr.Ed [Send E-Mail]
Date: Tuesday, 18-Feb-2014 18:04:02

Update by Sheldan Nidle for the Spiritual Hierarchy and the Galactic Federation2/18/2014
9 Kan, 7 Zac, 10 Caban
Selamat Jalwa! We return! A number of events are secretly happening. The cabal’s intent is to ignore us and force some kind of retribution. This led to such an action a few days ago. These devious scalawags absolutely refuse to alter the structure of corruption and immorality. It is a policy that reflects how governments work and how those in control get richer and richer. As to the masses, a general contempt can be observed. The habits and beliefs of the cabal are ingrained in them by the time they assume any important position in this hierarchy of power. There is now a counter-action that is literally squeezing them and forcing a much different result. The full extent of their corruption and arrogance cannot be fully explained, and they will be hoisted on their petards. A process will be set in motion to make it possible for a great prosperity to be redistributed to you. Our liaisons are working diligently to explore a most needed set of protocols that will swiftly lead to a global currency reset.
The currency reset is a natural process to set up a certain level of agreed-upon value between the world’s nations. This is a basis for global trade, and in the end, the start of an operation that is scheduled to lead to a precious metal-backed monetary system. Included in this reset is the use of new banking regulations such as “Basel III.” This revised structure will expand the distribution of various prosperity packages. The intent is to reform the current system of “haves” and have-nots” and replace it with a worldwide spread of prosperity. The old system of income taxation needs to be revamped. A debt jubilee will be declared and the old corrupt system put to rest. This new system will redo the globe’s infrastructures and establish a new foundation that takes advantage of now suppressed technologies. This will later be added to by our off-world devices. Then your world can move out of its present technological dilemma and prepare for a new consciousness.
Our arrival is to be a watershed for you, and we will introduce you to a whole host of beliefs and technologies. Right now, you possess the ability to solve your energy and water crises and to set up a method that can allow each individual to actually “legislate” for their respective country. Education thus becomes the vital key to your immediate future. A good teacher becomes a most valuable resource. This resource, currently limited, can be vastly expanded by use of the Internet and the spread of advanced digital technologies. These technologies can provide for the quick spread of literacy and the introduction of an immense library of information. This will be the foundation for consciousness-based neural networks that will swiftly replace the computer-based Internet. This introduction of previously unknown technologies will lead you to discover your extra-terrestrial origins and you will begin to grasp why you were sent here in the first place. This can make our introductions much easier for you to accept.
This process is a means for you to easily return to full consciousness. You represent a series of intertwined generations of humanity that were chosen by Heaven for this first contact. We came knowing this and initially understood that this contact was to occur under the direction of Heaven and her earthly emissaries. This procedure took nearly 25 years to commence formally. We are all starting to learn about one another and are just beginning to see how we are to intermesh. Disclosure, which is ready to start, is simply another significant node in this process. You are literally waking up just before a grand disaster made your extinction inevitable. We come to alter this grave possibility and return you to the Light. What is now happening is the formal start of Heaven’s retort to the dark and the fulfilling of a sacred prophecy first pronounced by Archangel Michael nearly an eon ago. Hosanna! Hosanna! Hosanna!
Hallelujah! We are your Ascended Masters! We arrive with good news! Events are now ongoing that will release elements to assure your prosperity and manifest new governance. Those who desire to retain the present creaky system have lost, as their associates side with the new monetary and financial system. The new currencies, the gold backing and new international banking rules will forge the foundation for the release of the two-step prosperity funds. These operations will enforce now sequestered legislation to bring out the various provisions of “N.E.S.A.R.A.” These rules will cause a domino-like effect to alter governance and return it to the people. In this milieu, governance will aid the Light and allow formal disclosure to occur. This new environment will also permit us to begin a series of worldwide lessons about your most dearly kept perceptions.
Life in your reality is based mostly upon a dark logic that has been somewhat successful in blocking out the ways of the heart. Spirit is so important and vital to whom you are. Our guidance is first to restore the true ways of Spirit and to teach you what lies ahead when you physically reunite with Heaven. This new society is based upon personal sovereignty, freedom and prosperity. It is filled with responsibilities that will become quite real to you as you start to live in this new realm. This new life requires that we give you a gentle yet truthful exposure to what you will encounter. Our primary task is to guide you and to supervise what Heaven expects of you. This new realm is to be founded upon you successfully carrying out your joint responsibilities. Hence, this initially leaves much to teach you about the inner workings of this new reality.
You are beginning to realize the immensity of what is expected for you. All of the preliminary physical changes are accompanied with alterations to your consciousness. Thus, what you believe or feel about this current reality is changing. Added to these feelings is the apparent slowness with which this reality is transforming. This has caused some frustration. Bear in mind that Heaven does indeed possess a plan. Be ready to act when appropriate and understand that this too is quickly coming to a rightful conclusion. Events, as we stated previously are underway. These events will alter how the wealth and power in this realm are distributed. The dark’s influence is lessening and the means to thrust them into the dustbin are working according to plan. You do not have much longer before all of the dark’s madness is gone! Huzzah! Huzzah! Huzzah!
Today, we continued with our weekly messages. Much is now ready to happen. Be prepared to expect great things to occur. The world that you have long known is starting to fall apart. New currencies and new regulations are ready to begin manifesting, and this will quickly lead to new governance! Know, dear Ones, that the countless Supply and never-ending Prosperity of Heaven are indeed yours! So Be It! Selamat Gajun! Selamat Ja! (Sirian for Be One! and Be in Joy!)
Planetary Activation Organization
http://www.paoweb.com/index.html