FATCA is conquering the world! Hitler would have been proud!
Fortunately, there is considerable resistance to what amounts to subversion of the sovereignty of other countries. Plus, do YOU want to have government agents snooping into your financial affairs...just 'because' you 'might' be doing something illegal? Hmmmm?
Have a look at this entry on a Google Blog:
RepealFATCA.com Files Freedom of Information Act Request on ...
http://1389blog.com Fri, 11 Oct 2013 18:34:54 GMT
As noted previously, FATCA (the “Foreign Account Tax Compliance Act”) cannot succeed unless the U.S. Treasury Department is successful in coercing a sufficient number of countries into enforcing this foreign (i.e., U.S.) law ...
Originally from : http://1389blog.com/2013/10/11/repealfatca-com-files-freedom-of-information-act-request-on-intergovernmental-agreements/
This is good information and Americans need to get busy and repeal FATCA. To fail to do so will cause a lot of regret later!
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