United Police States of America – FATCA Again and Obama’s Inauguration DoubleSpeech.

Peter Cresswell sums up well the brazen philosophical contortions in Obama’s inauguration doublespeech this morning, but unfortunately the larceny at the heart of that statist mobocracy, and that man, goes way beyond words into actions, and can be seen even within our tiny shores, given the US is one of the only countries in the world that taxes  its citizens no matter where they live, under a citizenship based tax that is the definition of extortion, and to the extent many Americans are wisely handing their passports and citizenship back, (though they’re even stung with an expatriation tax to do that). Per (paid – well worth a subscription) content on NBR:

The United States Treasury has finalised regulations to implement the Foreign Account Tax Compliance Act, designed to catch US tax cheats.

FATCA is one of the largest pieces of extra-territorial tax law to date, requiring all large global financial institutions to identify from within their accounts US taxpayers ...

New Zealand banks, insurers and fund managers will be required to hand over details about [ALL – that’s every single damned one of] their US clients and owners to the US Internal Revenue Service and US Treasury from January 2014.

If they do not, the banks could have 30% of income and sales proceeds from US assets withheld by the US government.

If you use the New Zealand banking system, don’t think this wanton destruction of the privacy and unjustifiable looting of every US citizen doesn’t affect you: the banks, worldwide, have estimated the systems they need to comply with this are going to cost $100 million, and the IRS via the US government isn’t paying for that; as far as I know, we are. So where are our politicians standing up to what is becoming the world’s biggest slave state and bully, to tell them this is ‘unfair’ on the New Zealand banking system and the New Zealand bank user, so bugger off please?

Answer: nowhere, because our politicians give IRD every power they request to take your money also. Under the profligate statism that rules the West, having swept aside, utterly, the civilising individualistic ethos of classical liberalism on which the free West was once built, immorality rules.

Regarding the United Police States of America, it appears the Land of the Free is now the land where its citizens are the most hunted by its government over any other Western land, and Obama citing the Founding Fathers, using that wonderful word, liberty, when he has no idea what it means, in an inauguration doublespeech proposing a quickening to his brand of rampant statism and the final complete philosophical murdering of the individual, makes the doublespeak in Orwell’s novel of the police state, 1984, look tame, because that was only fictional, whereas Obama has made it real, and it’s a shocker that I’ll even be paying for it here in New Zealand, through my bank fees.

The Free West is gone, and worse, there can be no Western Spring arising from the uncritical mindlessness brainwashed into our school children, who have fallen so far they confuse individualism with a selfishness that must be struck down by untrammelled state redistribution. Truly, the questioning by free men of every edict and every authority that is known to us from history as the Enlightenment, which raised man up by his reason and threw off the shackles of tyrants, is destroyed in every classroom, every day, meaning revolution is quelled, for good … my next post, when I get time (I’m busy!) will be on that founding document of New Zealand statism, the New Zealand School Curriculum document, and thus why we need charter schools.