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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (68287)11/17/2010 4:52:03 PM
From: TobagoJack  Respond to of 218054
 
the dollars emigrating are staggering

and so we have a situation where

- private decision equity money is leaving usa
- public policy debt money is entering usa

should be interesting how events turn out



To: Maurice Winn who wrote (68287)11/17/2010 6:20:47 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 218054
 
That's it... Canada.. now 4th world :O)

This video contains content from Sony Music Entertainment. It is not available in your country.

They can take only their own personal stash when they flee
And of course maybe not even all of their own stuff :O)
beforeitsnews.com

Leaving the U.S. for Good? Beware the Expatriation Exit Tax
I'd heard of this "exit tax" a few months ago and it was completely ignored by the mainstream media (MSM). At first blush, it doesn't appear to impact most people, i.e. only those over $4 million USD net worth for couples who renounce U.S. citizenship and leave. However, we all know how well the alternative minimum tax (AMT)--the so-called millionaire's tax--worked out. It was supposed to affect only several hundred tax "scofflaws", and now because of inflation, millions of citizens are affected. A few years of 50% inflation will put most professional couples into the realm of exit tax eligible. It is making more and more sense to go off the financial grid, as well as the electric grid. Rendering unto Caesar is getting pretty darned expensive, even if you want to leave! Take a look at this post over at The Ron Paul Forums. Here is a snippet: "Europe's Economist magazine refers to this new tax as, "America's Berlin Wall." They also point out that, along with North Korea, the United States is already one of the few countries in the world that taxes its citizens on their income regardless of the country they earn it in. As most already suspected, the IRS is a hard master. A government that is bankrupt by any honest accounting accounting standards will eventually be forced by its creditors to turn over any real assets it still has at its disposal. Unfortunately, in most courts of law, those assets can include the full net worth of all U.S. citizens and residents. The ability to tax this net worth, to extinction if necessary, is the ultimate backing behind the guarantee U.S. debt holders know as"the full faith and credit of the United States."



To: Maurice Winn who wrote (68287)11/17/2010 7:39:39 PM
From: bruiser98  Read Replies (4) | Respond to of 218054
 
I get the message that it's Sony content not avalable in my country USA. I Google on "http://www.youtube.com/watch?v=vVt6vhRAu3k" and learn that the song is "It's Closing Time" by Leonard Cohen. Lots of possibilities at Youtube Search:
youtube.com

A lesson to me to include title and artist when posting a Youtube link. Maybe even the tag line like "Produced by Joe Bodolai. From FRIDAY NIGHT! on the CBC this live-to-air performance by Leonard Cohen is better than the CD."