UK Prime Minister David Cameron reflects the serious problem we have with politicians. Politicians have ZERO respect for our human rights for they only think about how they are going to raid our wealth to pay for their families and retirements at our expense. Cameron actually asked, “In our country, do we want to allow a means of communication we cannot read? My answer to that question is: ‘No, we must not’.”
In 2010, the U.S. enacted legislation known as FATCA (Foreign Account Tax Compliance Act), which is destroying the world economy and lowering economic growth globally. Effectively, FATCA requires foreign financial institutions around the globe to report account details of their U.S. customers to the U.S. tax administration. However, this requires foreign institutions to file that they do not have any American clients. The legal and cost issues of this approach imposed by the USA are being adopted by five other countries including France, Germany, Italy, Spain, and the United Kingdom. FATCA has become a model for the intergovernmental cooperation in hunting taxes. The postwar economy was built on the free flow of capital. Americans cannot open accounts overseas because the penalties are far too stiff for failure to report any American to the U.S. authorities. They will be giving up everyone to their respective countries, which will be implemented in 2017.
If we do not eliminate taxes and transform the monetary system into a new era where the cost of government is held to 5% of GDP and money is merely created to fund the cost of government, along with abolishing career politicians, we will lose everything. We are heading into the direction of a total loss of all rights simply because of taxes.
Full article: The Loss of All Liberty Is Coming Faster Than You Imagined (Armstrong Economics)