Tag Archives: wall street

Business/Economics

Dumb Americans: Majority of GM car owners don’t even know they own a GM!!!

06 June 2014 (19:07 UTC-07 Tango 05 June 2014)/07 Sha’ban 1435/16 Khordad 1393/09 Geng Wu 4712

China’s CCTV was interviewing a U.S. auto industry analyst over the massive General Motors (GM) recall scandal.  The Chinese interviewer was literally flabbergasted when the U.S. analyst stated that most GM car owners in the U.S. don’t even know they own a GM!

The analyst used Buick and Saturn as an example saying most Buick and Saturn owners don’t know that their cars are included in the massive recalls.  The analyst postulated that it was going to take a long time for the recall and repair of a potentially deadly problem with ignition switches (and other problems) simply because many GM car owners don’t know they own one of the potentially deadly GM brand cars.

Why is Chinese news media concerned about the GM recall?  Because  GM now sells more Buicks in China than in the U.S.!  China is fast becoming the number one car market for General Motors, no longer is the U.S. the top car market.  And yes, no thanks to ‘globalization’, GM cars sold in China are affected by the same scandals affecting GM cars sold in the U.S.

Short list of General Motors brands: GMC, Saturn (now defunct), Pontiac (now defunct), Chevrolet (aka Chevy), Buick,  Cadillac, Hummer (now defunct), Sweden based SAAB (auto division sold off to Netherlands based Spyker), Germany based Opel, Australia based Holden, United Kingdom based Vauxhall, China based Wuling, China based Baojun, China based Jie Fang (aka FAW-GM), UzDaewoo (joint venture by GM Korea and Uzbekistan).

Back in the old days, when U.S. cars had character, strength and weren’t dumbed down by anti-car regulations and false flag emission controls, most people in the U.S. took so much pride in their cars that there were heated arguments over who’s car brand was better, and this even led to the creation of drag racing and custom car shows.  Now all we get is light weight computer controlled crap for a new car, no matter what the brand is!

U.S.

U.S. Civil War: 6 (?) students fail to take advantage of Pro-gun law in Washington, now they’re dead! False Flag op?

06 June 2014 (18:22 UTC-07 Tango 05 June 2014)/07 Sha’ban 1435/16 Khordad 1393/09 Geng Wu 4712

Six (?) people shot, one dead and five (?) wounded on the Christian Seattle Pacific University campus in Washington.  The state of Washington allows guns on campus, yet it appears none of the victims were armed.  However, despite state law the private university bans guns, not only for students but their own security guards are not armed: “Officers do not have deputized or state-commissioned police authority and carry no firearms.”

One female victim has life threatening wounds, now in surgery.

This incident is a prime example of misinformation run rampant:  Police originally said there were two shooters and four victims.  Local news reports continue to give conflicting numbers of victims.  One report said the unarmed university security guards captured the shooter as he tried to re-load his gun.  Yet another local news report indicated the shooter was shot by police.  Initially police said the shooters were armed with a rifle or shotgun.  Now police say there was only one shooter armed with a pistol, and are back to saying there’s only four victims (including the person that died).

Some Seattle Pacific University students are from Canada.

The last college shooting in Washington was back in 2007.  One Washington news source claims that this year there is an increase in shooters targeting colleges.  I’ll point out that prescriptions drugs are involved.  I’ll also point out that victims of mass shootings are almost always never armed (unless they’re cops like the shooting in Canada yesterday)!  Is this another False Flag op by the anti-2nd Amendment, pro-martial law elites?

 

International

Failed State Martial Law Canada: Anti-gun laws fail to stop man from killing several cops!

05 June 2014 (23:32 UTC-07 Tango 04 June 2014)/06 Sha’ban 1435/15 Khordad 1393/08 Geng Wu 4712

A man possibly being surveilled by undercover cops went on the offensive. “He looked like Rambo!”-Joan MacAlpine Stiles, witness

In Moncton, New Brunswick, a man armed with at least two rifles shot and killed three Royal Canadian Mounted Police (RCMP).  At least two other cops were wounded.  Some reports say that local hospital officials claim a third person was wounded.

From the pics I saw one rifle might be a .308 caliber/7.62mm (maybe an Vietnam era M14?) or larger caliber, the other looks like a shotgun.  One witness said one of the weapons was fully automatic, or at least it sounded like it was.   One family reported their kitchen window being shot out.  The shooter also had a buttback, and cops think he’s hiding out in the woods.   I wonder if he’s been on prescription drugs.  It seems police knew from the beginning who the 24 years old shooter is.

Pics being posted on the internet show at least one of the cops killed was an undercover cop.   Was the suspect being staked out by the cops?  Witnesses posted video taken from their living room of the undercover cop being shot.  The camera operator is too scared to get next to the window, but you can hear two shots, and then the guy sitting at the widow says “He shot him.  He shot the fucking cop!”.   The suspect has posted on the internet poetry and other rantings that are consistent with people on meds.

Canuck cops are now locking down the area, ordering the sheeple to “Shelter in place”.

Earlier in the afternoon, in the same province RCMP found a body at the Mactaquac Dam, west of Moncton.  No more info.

 

Business/Economics

U.S. job losses & store closings 27 February 2014: Another big bank says housing market crash coming! More ObamaCare hospital shutdowns & massive layoffs! California real estate kills jobs!

Incomplete list of announced closings & layoffs.

Best Buy announced they are killing 2-thousand salaried mid-level U.S. manager jobs by the end of 2014!  Already 500 have been let go!  Best Buy is also killing 950 jobs in Canada!

Aussie airlines Quantas in big trouble.  5-thousand jobs being killed.  Quantas is even asking for an Australian government bailout.  Their revenue problems are directly affecting U.S. company Boeing.  Quantas says it will delaying paying for three Boeing 787 Dreamliners for its Jetstar division.  Quantas is also trying to sell off 50 of their airliners.

Arkansas: Little Rock based marketing company Acxiom started a third round of layoffs since the end of 2013.  This time 100 people in Arkansas and 100 people across the U.S. became unemployed!

California: In San Diego, Cox Communications laying off 200 call center employees by September!  Company officials are consolidating call centers and decided California real estate was too expensive to justify building a bigger call center in California.  In Orange County, Cox Communications killed 150 cable TV jobs!  What housing market recovery?  San Francisco based Too Big to Jail Wells Fargo announced it is killing an additional 700 mortgage industry jobs across the United States: “We currently expect mortgage origination volumes to decline in first quarter 2014…”-Peggy Gunn

Florida: In Lynn Haven, tax sucker General Dynamics killed 730 of its ObamaCare call center jobs!  A Congressman from Florida is outraged: “I am saddened that these hardworking men and women are paying the price for the Obama administration’s unyielding pursuit of a job crushing, Washington first agenda that has made private sector job growth more difficult by the day!”-Steve Southerland II

Massachusetts:  Despite record sales, medical device maker LeMaitre Vascular laid off 30 employees.  ObamaCare created a new high tax on medical device makers.

New York: In Williamsville, Ingram Micro laid off an undisclosed amount of employees.  It was revealed by local news sources that the California based electronics company got a $900-thousand USD tax break in 2013 from the Amherst Industrial Development Agency.  In Syracuse, after 100 years scrap metal company Roth Steel shutdown.  The 33 employees told local news media they were not given warning about the loss of their jobs.  Company officials claim they could no longer compete with other metal recyclers.  In NYC, bankrupt Dots clothing store shutting down in May, 43 jobs lost.  What housing market recovery?  In Babylon, DE Capital Mortgage shutting down by April, 52 jobs lost.  In Pittsford, Wells Fargo to layoff mortgage service employees by the end of May.

Oklahoma: In Stillwater, after 52 years Colonial Florist shutdown.

Oregon: In Portland, after 37 years Showcase Music & Sound shutdown.

Pennsylvania: The Crozer Keystone Health System killed 250 healthcare jobs!  Officials blamed ObamaCare’s reduced Medicaid and Medicare reimbursements for a $16-million loss in the past seven months.  And Commonwealth Health shutdown the Wilkes-Barre General Hospital’s business office, 87 jobs lost.  They also fired their director of communications.  In Blue Bell, managed healthcare company Aetna laid off an undisclosed number of employees.  It’s part of Aetna’s plan to kill 3-thousand jobs across the U.S. by 2015!

Tennessee: An Outback Steakhouse shutdown, it’s part of the company’s plans to close 22 Outback restaurants by the end of of the first quarter 2014.

Texas: In El Paso, United Blood Services shutting down their call center, more than 100 jobs lost!  Company officials said ObamaCare is forcing them to centralize operations.

Vermont: In Essex Junction, local news reports said IBM began killing jobs.  Last year IBM killed 419 jobs in Essex Junction!  IBM officials admit they’re spending billion of dollars on new computer/internet operating systems.

26 February 2014: Sony ups the layoff ante in California! 

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Idaho, International

World War 3, Asian Front-Afghanistan, 23-26 May 2014: More proof of massive election fraud! China stops use of U.S. dollar in Afghan banks! War mongering against Pakistan continues! National Guard to remain until 2015!

Badakhshan Province: Afghan government officials claim they’ve retaken Yagman District, which fell to the control of Mujahideen a few days ago.  Several dozens of people killed or wounded.  Local government officials say there are more than 300 Mujahideen fighting to control the district.   Some reports that Mujahideen have seized Jurm and Keran Wa Manjan districts.

Faryab Province: Afghan government forces and Mujahideen have been locked in battles.  More than 100 people killed, 100 wounded.  Afghan government officials claim that Pakistanis are among those killed or wounded.

Helmand Province: In Marjah District, a family of six drove over a landmine.  One dead, five wounded.  In Mosa Qala District, a U.S.-NATO drone strike killed 11 people and wounded two.

 Herat Province: Mujahideen attacked the Indian consulate.  Interior Ministry officials claim all attackers were killed.  Two government personnel were wounded.

Kabul Province: A suicide bomber targeted a government vehicle, killing at least two people and wounding nine others.  Chinese banks have notified Afghan banks that they will no longer accept U.S. dollars for their transactions!  China is claiming that the use of U.S. dollars is behind international criminal money laundering!  The Afghan Minister of Communications and Information Technology condemned the U.S. monitoring of Afghan phone calls.   So much for Obama’s “successful” elections: The Independent Election Commission of Afghanistan suspended 5,388 election employees for taking part in electoral fraud!

Kandahar Province: A suicide bomber attacked the police chief for Kandahar City’s 8th district.  The police boss was wounded.

Kunar Province: In Dangam District, government officials claim a group of Mujahideen blew themselves up by accident.  Apparently nine Mujahideen were wounded when they were planting landmines. Provincial officials claim Pakistan fired at least 125 artillery rounds into Shigal and Dangam districts.  One person killed, 15 wounded.  Officials claim they are now dealing with refugees fleeing the shelling.

Parwan Province: “I’ve made it clear that we’re prepared to continue cooperating with our Afghan partners on two security missions, training and equipping Afghan forces and targeting…….al Qaeda…………And once Afghanistan has sworn in its new president, I’m hopeful we’ll sign a bilateral security agreement that lets us move forward. And with that bilateral security agreement, assuming it is signed, we can plan for a limited military presence in Afghanistan beyond 2014.“-Barack Obama, Bagram airbase, 26 May 2014

Zabul Province: Near Qalat City, two cops were killed by two suicide bombers.

The Oregonian newspaper, in the U.S. state of Oregon, has revealed that 950 Oregon National Guardsmen (currently preparing for deployment to Afghanistan in Idaho and Texas) will remain in Afghanistan until 2015, as part of Obama’s new plan to keep U.S. troops incountry past 2014.   The governor of Oregon recently visited  his militiamen while they were training at Idaho’s Gowen Field and Orchard Training Area.

U.S.

Failed State Martial Law U.S.A.: Anti-gun laws fail to prevent mass stabbings of children!

03 June 2014 (09:24 UTC-07 Tango)/04 Sha’ban 1435/13 Khordad 1393/06 Geng Wu 4712

In anti-gun New York City police accuse a man of stabbing two children, one to death.   And in Wisconsin, two homicidal maniacs claim a video game told them to do it!

New York City has some of the most restrictive gun laws in the United States, rivaling the European Union, but that didn’t stop the killer.

Police say a six feet tall black man killed a six years old boy and critically wounded a  seven years old girl with a knife, as they were riding an elevator to go get ice cream.

Police Commissioner Bill Bratton used the stabbing to justify an increase in NAZI police tactics on the city residents: “The amount of violence we saw in an unusual weekend reinforces the need for an energized police department.  We cannot have a city where two children going to get an ice cream are stabbed, one killed and the other fighting for her life. That is not the City of New York that we want to police.”

No you A-hole Bill Bratton!  A city that has this kind of violence, despite the most severe anti-2nd Amendment laws, and has a police force that is literally equipped like an army yet consistently fails to stop such violence, is a total failed state!!!

How about this, let the citizens of NYC exercise their 2nd Amendment RIGHT and arm themselves so they can kill the attackers themselves!  Oh, that’s right, NAZI cops don’t like competition.

In Wisconsin, a 12 years old girl was stabbed 19 times by two of her own friends!  Anti-gun laws no help there!

Miraculously the victim is still alive, after crawling to a roadside seeking help.

The two 12 years old homicidal maniacs are being tried as adults, because they admitted to police that they planned the attempted murder for months, and that an internet video game told them to do so if they wanted to advance to a higher level in the game!

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

 

 

Business/Economics

U.S. job losses & store closings 26 February 2014: More ObamaCare cuts! Sony ups the layoff ante in California! More disappearing students!

Incomplete list of announced closings & layoffs.

Alabama: Gadsden Etowah Emergency Medical Service now chapter 11 bankrupt busted!   The EMS could lose its medical license as well.   Decatur Emergency Medical Service now chapter 11 bankrupt busted!  Many employees went on strike!  As of the end of February the EMS had only one operating ambulance!

California: Only one day after Japan based Sony notified state officials in a WARN that they laid off 40 employees at their video game operation, Sony admitted they actually killed 400 jobs at their Rancho Bernardo office!  Sony also said it would begin shutting down 20 stores and kill 1-thousand jobs across the U.S.!  In Claremont, after 25 years Stamp Your Heart Out stamp and scrapbooking store shutdown.  The owner blamed it on the bad economy.

Connecticut: In Windsor, after only two years Nassau’s Furniture shutdown its warehouse.

Georgia: In Albany, after 30 years the Who’s Who upscale clothing store shutdown.  The owner blames the bad economy.

Illinois: In Chicago, after 66 years Frank’s Jewelry shutdown.   The owner cited a string of bad luck events which made it financially impossible to continue.

Kansas: In Wichita, God refused to stop the Bethel Life Center school from shutting down.  School officials blamed disappearing students: “We have had over the last 10 years a drop in attendance. Because of the cost to operate such a program, if your enrollment drops, you can no longer provide the service.”-Dave Zavala, vice chairman

Massachusetts: In Worchester, God refused to stop the killing of 15 jobs at the Catholic Assumption College.  School officials said the layoffs were the only way they could keep from raising tuition.  Parents have told school officials the number one reason why student enrollment is declining is because of the skyrocketing costs of higher education.  Gee, do academics really need to be rocket scientists to figure that one out?  In Middleboro, the Twice Upon a Time used book store shutdown.  The owner blames electronic books.

New York: Sterling National Bank laid off three employees.

Pennsylvania: In Emigsville, Graham Packaging laying off 55 employees at the end of March.  Company officials said the layoffs are necessary to “remain competitive”.  In Daugherty Township, after 57 years the Red Star Oil gas station shutdown.  The family owners say their old gas station is now in violation of state Department of Environmental Protection rules, and they’re being kicked off the four acre property: “We have to be done by Wednesday, which is dictated by the Pennsylvania DEP.”-Drew Freeman

Texas: Rio Hondo School District killed 23 jobs.  It’s blamed on funding cuts which are blamed on disappearing students (declining enrollment).

25 February 2014:  IBM launches job killing Project Apollo! 

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, Idaho

U.S. job losses & store closings 25 February 2014: More disappearing students! More ObamaCare job cuts! IBM launches job killing Project Apollo!

Incomplete list of announced closings & layoffs.

What housing market recovery?  Too Big to Jail, JPMorgan Chase killing 6-thousand jobs relating to mortgage refinancing!  The big bank says the market for home mortgages is crashing.  The big bank is also killing 2-thousand jobs relating to credit card services!  8-thousand jobs lost by the end of 2014!

California: In Santa Monica, Japan based Sony admitted they laid off 40 employees at their video game operation.

Florida: In Jacksonville, Connecticut based envelope company Cenveo laying off 133 employees by the end of May!  It’s connected to Cenveo’s take over of National Envelope.

Idaho: In Coeur d’Alene, Office Depot announced it will shutdown in May.  It’s blamed on the merger with Office Max.

Illinois: In Chicago, after only five years Bellybum Boutique baby supply store shutdown.

Indiana:  Indiana Limestone shutting down, 166 jobs lost!  The company that supplied limestone for many iconic Washington DC buildings is now bankrupt busted.  In Boston Township, after 55 years Central Furniture & Carpet shutdown.  Local news reports say it was the last retail business in town.

Kentucky: Southern Kentucky Performing Arts Center laid off five employees.

New Jersey: The Newark School system warned of massive layoffs.  More than 1-thousand teachers could lose their jobs over the next three years!  School officials blame crashing revenues which are caused by disappearing students (declining enrollment).  Wawa convenience store, on Route 70 and Cooper Landing Road, shutting down in March.  Store owners say it’s not worth it to remodel in order to meet new building standards.

New York: International Business Machine (IBM) announced “workforce rebalancing” Project Apollo.  13-thousand jobs will be killed around the world, but thousands could lose their jobs in New York state!  IBM says it needs to cut jobs to save money, but at the same time IBM officials pissed and moaned about how it will cost them $70-thousand to layoff each employee!  In Brooklyn, Photoplay video store shutdown.   In Johnstown, National Freight shutting down by April, 112 jobs lost!

North Carolina: In Greensboro, after 79 years Ham’s Restaurant shutdown.  It’s blamed on the greedy property owner.

Ohio: In Middletown, after 92 years Worthmore men’s clothing store shutdown.  The family store owners say sales have crashed ever since the landlord announced plans to radically remodel the shopping center.

Pennsylvania: In Erie, HealthSouth Rehabilitation Hospital laid off 18 healthcare workers.  Kmart announced they will shutdown their Middletown Township store, 87 jobs lost.

South Carolina:  In Orangeburg, a Reid’s grocery store shutdown.  In Cayce, a Reid’s grocery store shutdown.  In Walterboro, a Reid’s grocery store shutdown.  In Aiken, a Bi-Lo grocery store shutdown.  All blamed on Bi-Lo Holdings take over of Delhaize America.  More grocery store shutdowns to come!

South Dakota: In Watertown, employee screening company Verifications shutting down, 120 jobs lost!  This makes the third Verifications operation to shutdown since 2012.

Texas: In Austin, HelioVolt solar panel maker shutdown.  Their Korean partner backed out.  98 jobs lost.  God refused to stop Good Shepherd Health System from closing one hospital and two clinics!  The Critical Access Hospital in Linden will close in April, as well as a clinic in Linden and a clinic in Hughes Springs.  Hospital officials directly blamed Medicare and Medicaid cuts caused by Obama Care, it was revealed the Good Shepherd Health System has lost $12-million USD.

Virginia: Kmart announced they will shutdown a north Raleigh store by May, 53 jobs lost.  Kmart will also close the Harrisonburg store in June, 79 jobs lost.  Kmart will also close the Wincester store in June, 91 jobs lost.  What housing market recovery? In Danville, modular home maker Commodore Homes shutting down in April, 100 jobs lost!

22 – 24 February 2014: Massive ObamaCare shutdown in idaho! 

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

U.S.

U.S. Civil War: Chicago update 31 May – 02 June 2014, 4 dead 15 wounded! 7% increase in shootings, despite anti-gun laws!

Police report a 7% increase in shootings compared to the same time last year.  This despite anti-gun laws and millions of dollars spent on anti-violence programs.

The following is an incomplete list of shootings that took place from Saturday to early morning hours Monday.

3800 block of North St. Louis Avenue: 16 years old boy shot and killed while walking with a group.  Police say it was a drive by shooting.

2600 block of East 83rd Street: 33 years old man shot and killed.  Police say the shooters walked up to the man.  The man was shot in the legs and arm, but died by the time he got to the hospital.

7000 block of East 87th Street (Chatham): 21 years old man apparently minding his own business and sitting in his SUV, when somebody walked up to him and blasted him multiple times. He was killed.  Social media say he was a budding rap singer.  Police say he tried to drive off after being shot, but died and his SUV crashed into a B*Fresh clothing store.

7900 block of South Champlain Avenue (Chatham): 23 years old man shot and wounded in the leg.

7100 block of South Seeley Avenue: 26 years old man shot in the shoulder and wounded.

West Ferdinand Street and North Lavergne Avenue: Six people ranging in ages of 14 to 22 were standing at the intersection when they got shot.  One male was killed and five females were wounded.

2000 block of West 68th Street: 21 years old woman shot and wounded by a drive by shooter.

1900 block of North Tripp Avenue: 26 years old man shot in the  head while driving.  Amazingly police say he is alive.

Washtenaw Avenue and 24th Street: 49 years old woman shot, now in critical condition.  Witnesses say the shooter was actually trying to shoot at a group of men.

Cermak Road and Kolin Avenue: A 28 years old woman who was making a music video was shot and wounded. An 18 years old man shot in the thigh, walked himself to the hospital.

18th Street and Racine Avenue: 25 years old man shot in the butt and wounded.

7900 block of South Paulina Street: 34 years old man shot in the leg, he walked himself to the hospital.

8500 block of South Marquette Road: 25 years old man shot in the back, now in critical condition.

Police say most of the gun violence is caused by gang bangers. New anti-gun laws would not stop the shootings, because most guns used by gang bangers are already illegal!

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013, calls Chicagoland his homie town

Chicago update 28-30 May 2014

Business/Economics, International, U.S.

Where are they going? South of the border is the number one destination, just ask Jesse Ventura! 2014 to be another record year for rejection of U.S. citizenship!

02 June 2014 (18:30 UTC-07 Tango 01 June 2014)/03 Sha’ban 1435/12 Khordad 1393/05 Geng Wu 4712

Fate is twisted, after decades of U.S. citizens pissing and whining about ‘Mexicans’ swarming into the United States the shoe is now on the other foot!

Now, U.S. citizens are literally swarming into Mexico.  As of 2010, U.S. and Mexican government data estimate the number of U.S. citizens living in Mexico at between 740-thousand and 1-million!  That’s a record.

Compare that to the claims of the evil British empire member Canada: 2011 data shows just over 311-thousand U.S. citizens calling the Great White North home.

It must be noted that Brazil is challenging Canada’s position as number two destination spot.  Unconfirmed reports say as many as 350-thousand U.S. citizens live in Brazil.

The capitol of the evil British empire (and mortal enemy of the United States) United Kingdom might be the third destination spot for ‘Americans’:  The 2001 U.K. census puts U.S. citizens at 158,434.

Israel and Italy are challenging United Kingdom’s number three spot. Israel claims 185-thousand U.S. citizens, while Italy claims as many as 200-thousand.

Unfortunately there are no hard and fast numbers, as each country conducts census surveys on their own terms, and even the U.S. government keeps lousy track of U.S. citizens living abroad.  But no country can come close to Mexico’s one million U.S. citizens! Heck, even ex-Navy SEAL, action movie actor and former governor of Minnesota, Jesse Ventura, now calls his Mexican home his “government in exile”!

Probably the best source for tracking ‘Americans’ living abroad is the U.S. Internal Revenue Service (IRS), due to Congress passing draconian tax laws against U.S. citizens living abroad.

Thanks to the  FBAR (Foreign Bank Account Report) and FATCA (Foreign Asset Tax Compliance Act) the IRS has stolen $55-billion from ‘Americans’ living abroad.

In fact, ever since 1996 the IRS has issued quarterly reports (through the Federal Register) revealing those ‘Americans’ who officially reject their citizenship (officially called expatriation), and 2014 is going to be another record year.  I counted the names on the latest report and counted about 1-thousand rejected their citizenship during the months of  January to March.  Compare that to the same time in 2013 when about 670 rejected their citizenship.  If the trend continues, say 1-thousand every quarter for 2014, then you could estimate that 4-thousand ‘Americans’ will reject their citizenship.  Now compare that to all of 2013 when about 3-thousand ‘Americans’ rejected their U.S. citizenship (which was a record year as well).

U.S. citizens fleeing to Canada!  

the unemployed are leaving…….where are they going? 

 

Record number of ‘mericans renounce U.S. citizenship in 2013!