Posted by: midas716 In reply to: 4Godnwv who wrote msg# 86975 Date:8/17/2007 12:05:28 AM Post #87007 of 87009
I'm confused. Are you referring to Panama or the US?
I'm a little confused. So what are you saying everyone in the US should transfer all their assets into the fundacion because the US market is corrupt and they are not? Then what? When the sleeping giant, South America, wakes up and the US finds that South America isn't as friendly towards the US as they appeared to be what then? When this foundation, you all so highly speak of, decides it's in the best interest for themselves, and South America, to freeze all the assets of US investors because of extremely poor relations between the US and themselves then what? Any of you who think that any of this is beyond rational thought, well IMO, to use someone elses words, is dilusional. IMO transferring the wealth of America into a Panamanian fundacion, who can at anytime, freeze your assets because you have absolutely no recourse in the event of a crisis between the US and South America is definately not in the best interest of US citizens. This fundacion is nothing more than another vehicle in which to strip US investors of their capital assets. Thanks, but in light of the fact that I already can't touch the assets I did let them have, i'll keep the rest of my assets here in the US.
Also if any of you think that these debit cards are going to be the answer. Think again. Do you think that the US government is going to allow a Panamaina fundacion to distribute debit cards with no identification to be used in the US. When anyone with any animosity towards the US can place assets within this fundacion, get a debit card with no identification, and possibly buy materials, right here in the US, that could be used in a nefarious act against the US. I doubt it. How long after the US government finds out about these cards do you think it will take them to shut it down as a national security risk? If they don't know about them already. There are probably laws already in place for just this kind of situation but like everything else MT just doesn't know about then yet. So don't be surprised right before Mike says they are going to be issued if we get another one of those , now infamous, "Duh. Sorry folks but the US government is saying that in order set up these cards for you we have to provide more information than we'd like to and that's against Panamanian laws and fundacion rules so we can't do them. But wait another 10 weeks because I have another idea. Carrier pidgeons. Yeah, that's it we'll do it by carrier pidgeon because then..."