13-09-17 FATCA: a Tool of the Electronic Surveillance State

Most here probably don't even know what FATCA is. (read below).  It was the pretex under which all my money in bank accounts in Israel was seized on January 1, 2013, purportedly on behalf of the US government, after I refused to sign "Waiver of Privacy" to the US government on all my banking transactions.

There were only a couple of problems:

1) It was done with no legal process at all, either in Israel or in the United States.  The Israeli Bank HaPoalim refused to issue any paper on it either.  They only told me by phone of their actions.

2) At the time (and also now) FATCA was not in effect, either in the US or Israel -- it had never been promulgated, and thererfore was not enforceable in the US, and there was no international agreement between the US and Israel regarding its effect in Israel.

Regardless, Stanley Fischer, Governor of Bank of Israel refused to register my Consumer's Complaint against a bank that unlawfully seized hundreds of thousands of dollars of my personal property, and the Israeli Supreme Court refused to register my Petition against Fischer, to Compell an Officer to Perform his Duties.

Eventually, I got my money back after seeking protection by the German Consul in Israel.

The case documented:

a) The role of Stanley Fischer as an agent of the US government and the banking cartel at their worst in Israel, in establishing the banks above the law, just as his student Bernanke did in the US.

b) Conditions in Israel as a corporatist province of the US - an Israeli bank was permitted to make up the law, adjudicate it, and enforce it as it wills.

c) The strange transformation since WWII, where Germany now is a center of liberty, whereas the US is a center of oppression.

jz

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Financial Data Provided to ‘Intel’ Agencies Considered ‘Not Inherently Confidential’ under U.S. Law

FATCA: a Tool of the Electronic Surveillance State

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James George Jatras for RepealFATCA.com

  

September 16, 2013

Washington, DC

Those familiar with the U.S. “Foreign Account Tax Compliance Act” (FATCA) – and in the United States, that’s not many people – think of it as either a as sledgehammer attempt to curb “offshore tax evasion” or (more accurately) as a costly, counterproductive, and indiscriminate burden on the global economic system; a compliance nightmare that only benefits tax lawyers, accountants, and software firms; a job-killing disincentive for foreign investment in the United States; a crude extraterritorial overreach in violation of every principle of sovereign legality; an abuse of the U.S. Senate’s constitutional treaty authority; a blatant violation of WTO and other trade commitments; and a financial “drone strike” against Americans living abroad. 

FATCA is all that and much, much more.  But in light of sweeping revelations about the email, telephone, and internet surveillance activities of the U.S. National Security Agency (NSA), it’s time to take a look at FATCA’s implications for personal electronic privacy and the growing power of U.S. intelligence agencies’ global “surveillance state.”

READ MORE:

http://www.repealfatca.com/index.asp?idmenu=4&title=News&idsubmenu=135