Why bother with bombs when you have FATCA?
Here is an article from The Economist Tax Evasion Dropping the Bomb.
As we know, the US has threatened to use FATCA as a WMD (Weapon of Monetary Destruction. Thanks JustMe–aka FATCA_Fallout–for coining that term two years ago) as a sanction against Russia because of the Ukraine.
You could call #FATCA the new WMD, or Weapon of Money Destruction.
Now, in what The Economist describes as a tasteless joke, it was suggested Obama might do the same to Iraq:
Barack Obama, he claimed, was drawing a red line around the city and, if necessary, would “drop FATCA on them”. Worse, they would get no deadline extension. The nuclear option, he added, was to treat them as if they were Swiss.
As many of you know, I have been calling FATCA Foreign Attack to Control All for two years.
FATCA is not about taxes. It is about power, control and punishment of people, financial institutions and countries around the world-including those whom the U.S. should consider allies.
The U.S. is literally dropping the F Bomb on the entire world–with the complicity of what we once thought were countries that stood for some fundamental basic values.
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