Comments on: Move Your Money Out of America and Soon

By: Dale

Dale — Sun, 28 Jun 2009 02:54:03 +0000

Actually the best way to get your money outside of the US might be by something like c-gold.com but they require you to buy the gold and ship it too them or buy from someone else who does it for you.They do not buy gold for you.I learned about this method after trying to find some way to get a pre payed credit card.
I tried e-gold long ago and just had trouble with them but it turned out they had the gold inside the US.
Not just my observation that it looks like the US does not like competing forms of money and the reasons I believe this are to much for me to list here so you should do a search on this.Its a rather interesting thins however.
Paying in gold electronically is cheaper than wiring money and you only pay exchange fees when you convert to your local currency.I lose about 2% each time I go from Can dollars to US dollars and or another 2% if they spend it back to me and that alone is enough for me to be enthused by it.This exchange rate thing must make a fortune for someone so its no wonder they do not want us going to gold.Really wish it would work on ebay but unfortunately security reasons were given as to why it could not be used.But it would be great being payed in inflation proof money that’s even cheaper to use than pay pal is very appealing.And you got your money and or gold outside of the US too and that’s a bonus thing.
In the end its main problem is people are not familiar with the idea of being payed electronically in gold or even actual gold for that mater.Since I am buying gold anywise it would be great for me and if I want I could have my gold delivered to me but do not know the details on it except that they will.I will try them out and post the results on my web site.
Do not risk anything like this if its US located.

By: Alan Wilkinson

Alan Wilkinson — Wed, 15 Apr 2009 18:22:07 +0000

Queer notions you guys have…you don’t believe in paying taxes so vehemently, and yet expect in a most taken for granted manner all the privileges of “high living standards” which so many others in the wold can’t even dream of. Is that thanklessness or just general lowliness? A mixture of both, I believe.

By: stephanie

stephanie — Wed, 15 Apr 2009 14:20:48 +0000

http://www.truthdig.com/report.....for_gramm/

By: stephanie

stephanie — Wed, 15 Apr 2009 14:13:15 +0000

Seth, the one voice of reason on this entire board. Thank you, thank you, thank you.

By: Graeme Simpson

Graeme Simpson — Wed, 15 Apr 2009 04:25:49 +0000

This is all well & good but you are assuimg these things will not happen overseas, unfortunately things are not good anywhere, we’re in Australia & things are changing at a rapid rate with all sorts of changes flagged for the not too distant future.
At least if you leave your money in your own country you have some say, move it out to a tax haven country you risk losing any input or worse, losing it completely.
It’s a time when one needs to think long & hard, remembering sometimes you’re better with the devil you know.
Cheers & good luck to you all.

By: aeolus

aeolus — Mon, 13 Apr 2009 16:17:34 +0000

Mark,

The US is a representative Democracy. We elect our representatives and they are supposed to act in our behalf. So they don’t as they need money to be reelected and they spend a good bit of their time raising it. So guess who calls the tune. .So run for office or join a political party. That’s the American way. If you want to hide your money from taxation in some fashion and still enjoy the benefits that others who do pay taxes, that’s your business. Just don’t give me this bullshit you are patriots.

By: Bear

Bear — Mon, 13 Apr 2009 13:52:33 +0000

“To be clear, evading (or even avoiding) taxes at this point is not a wise move, given the size and scope of the ever-growing IRS.”

There’s actually a lot of people who don’t, and there are organized tax resistance groups for conscience objection. One interesting thing they do is put money in an “alternative fund” that gives grants to community and peace groups. If you get a lien on your assets or the IRS withdraws from your bank account, you can remove your money from the fund to cover yourself.

According to enforcement stats from the IRS’s website, out of the 11,972,000 total delinquencies last year, only 21% had levies served to employers or banks, .005% had assets seized, and .004% were incarcerated.

By: Richard

Richard — Mon, 13 Apr 2009 05:13:17 +0000

Tom Paine called these type of people “summer soldiers,” in comparison to those at Valley Forge through the winter.

Anyway, where were these guys when our govt. was in no-win wars overseas? I guess those were all to the good, but if Obama starts refocusing the spending in America on Americans, it’s time to leave. To think that patriotism is only supporting the latest no win unconstitutional war started by the President is ridiculous.

I guess we’d be better with “foreigners first, Americans last” Republicans.

yeah, I agree. Let these guys leave, and the sooner the better

By: Pump

Pump — Mon, 13 Apr 2009 04:59:22 +0000

Don’t you know that the size of the derivatives market is $1.6 quadrillion worldwide? It will not matter then what the government does or where you hide because other countries will also be affected.

By: Seth

Seth — Sun, 12 Apr 2009 00:04:00 +0000

Atlas Shrugged? Are you kidding? Apparently not, considering the logical disconnect between 90% of what you wrote. It’s sad to see that armchair libertarians still think Ayn Rand had something to contribute to modern political thought; she was and is vacuous and twisted. We should all be very careful when someone writes a treatise on politics and personal responsibility, cloaked in the garb of fiction, and devoid of any attempt at rectifying the claims with reality (i.e. scientific research–where’s Rand’s data to back up her claims?). You could find a much more engaging theory of why our current reality is as it is by reading C. Wright Mills’ “The Power Elite” (1957). This one is actually backed up by new theory and lots of empirical verification.

Why is it that CEO’s and large businesses are being “demonized”? Why is the government intervening in markets? The “business” climate has not become “arctic” in the United States; the entire economy has collapsed in the midst of an underconsumption crisis, brought on by the ramparts of monopoly capitalism (Baran and Sweezy, 1966) as it twisted itself into a new being (monopoly finance capitalism–see Foster 2009 for the best elucidation of this phenomenon). The average person in the US has been receiving a stagnant income for over 33 years, while the cost of living has increased–credit expansion ended in the US when petrodollar recycling crashed (due to the collapse in oil prices), and there wasn’t any more credit-funded buying to keep the average American’s consumption habits propped up (the ethics of which is complicated and not in the scope of a brief response to a shitty article on the internet). Those poor “demonized” CEOs were responsible for issuing all that credit, fully knowing that the interest would never be repaid, let alone the principle; and it was allowed due to NO OVERSIGHT from the regulatory bodies that should have kept it from happening in the first place (run by former bankers itself). To cover their asses (both bankers and regulators), exotic financial instruments were created and then all hell broke loose, with everyone being taken in by someone else’s greed (including their own).

Now, the average American is being asked to cough up bailout after bailout, while simultaneously being forced to deal with a depreciating dollar, inflating raw material (including food) prices, and deflating capital values (homes, cars, etc.)–at the same time as slashing the scope of the social safety net at its greatest time of need.

How is this not a case of the most powerful capitalists running roughshod over the public (and its treasury) again? W hy do you see this event as “Atlas Shrugged” when it is really “The Great Gatsby II”?