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U.S. House of Representative Bill “H.R. 2847 July 1 2014
LoP Guest
lop guest
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03-17-2014 07:17 AM

 



Post: #16
U.S. House of Representative Bill “H.R. 2847 July 1 2014
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ϚHAIRMAN MΣOW  Wrote: (03-17-2014 07:05 AM)
The whole system from the top down is a scam on the working class, and is no longer stable. The wheels are starting to wobble under the weight of the effendi, and it's about to crash and burn... of course they have a plan for that, too. What needs to happen, though, is that we unite for once and take these parasites "out". As in, out of existence.

There's just nothing for people to do anymore. Between technology and a planet full of cheap workers you can't expect them to just shut it down and play "musical chairs". I know those who own the foundational things like farms might be fine with that because they've got what they need to survive perhaps. So what everyone else should just die off? I guess I can see them keeping the perpetual hwy repair thing going at least it keeps some money flowing into some hands as a vehicle for that. If you completely shut down the govt at all levels today probably 60% of people would have no money. And 85% people don't do anything related at all to their survival. I'm just throwing out numbers but you get my drift.
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LoP Guest
lop guest
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03-17-2014 07:20 AM

 



Post: #17
U.S. House of Representative Bill “H.R. 2847 July 1 2014
I mean I know there are a lot of people out there who yell that things should just stop flowing (socialist type taxation) and tough luck, because they know they are set up and can make it. But they benefited from the other system. THEY benefited from that other system they suddenly just want to shut down.
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ϚHAIRMAN MΣOW
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03-17-2014 07:30 AM

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Post: #18
U.S. House of Representative Bill “H.R. 2847 July 1 2014
I think it's a matter (in small part) of misappropriation of funds. Eliminating the controllers who are literally farming humans for profit, doesn't necessarily translate to total shutdown and collapse. But it is something which will have to be done all at once (to the best extent possible). Sure it'll cause some real problems, but nothing we can't recover from, righting the ship before it crashes. I'm not trying to minimize the impact such event will have- it's obviously complex, with many variables to consider. Staying the course, however, is not a viable option from our side of the fence.

It comes right down to this: If we don't stop them, they won't stop.

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Frigg Stuyvesant
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03-17-2014 07:34 AM

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Post: #19
U.S. House of Representative Bill “H.R. 2847 July 1 2014
ϚHAIRMAN MΣOW  Wrote: (03-17-2014 06:30 AM)
LoP Guest  Wrote: (03-17-2014 06:13 AM)
http://www.washingtonwatch.com/blog/2010...-h-r-2847/

Here’s a quick summary of the “Jobs for Main Street Act”:

It takes $75 billion in Troubled Asset Relief Program (TARP) funds, and spends it on infrastructure and job programs. $43.8 billion of the money will go to infrastructure spending, including $27.5 billion for highway infrastructure, $8.4 billion for public transportation, $2 billion for clean water programs, $2 billion for energy innovation loans, $4.1 billion for school renovation grants, $1 billion for the National Housing Trust Fund, and $1 billion for the Public Housing Capital Fund.

$26.7 billion of the $75 billion will go toward public service jobs, including $23 billion for an Education Jobs...

Sounds like a good thing I guess. No?

Translated:

- Job programs = Helping illegal aliens become work-ready
- Highway infrastructure = New toll roads, and special goodies for the corporate giants like FedEx and UPS.
- Clean water programs = New innovative laws and regulatory programs to step on the "little guy" even more, and creating a problem-reaction-solution crisis for small farming industry that even hegel would fap to.
- Energy Innovation loans? Can you say Solyndra? Take billions in loans, pocket the money, go bankrupt. Lather, rinse, repeat.
- National Housing Fund = More incentive for the welfare parasites to not work but instead be non-contributing leeches on the public dime, and to become cemented into society as indentured servants.

Of course it's another round of crony capitalism as the zionist corporations milk the American worker for everything they have, giving only lip-service in return with bills like this. Have you been "helped" by any of them in the past? No? Me either. Lots of BIG MONEY $$$ being stolen by proxy of Washington legislators and their good ole goy network.

Now back to your regularly scheduled program.

BumpJhikpghfBump


Agree.

Cui Bono?
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LoP Guest
lop guest
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03-17-2014 07:34 AM

 



Post: #20
U.S. House of Representative Bill “H.R. 2847 July 1 2014
95% of those funds are going to abrahamite scum
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falderal
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04-08-2014 04:28 AM

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Post: #21
reporter U.S. House of Representative Bill “H.R. 2847 July 1 2014
Originally, I was looking at the legislation and I couldn't find anything about a date like July 1, 2014. Then when I was searching on Google I found a few forums such as this one. On one, a responder says, well since it is a house resolution it isn't law unless it passes both houses. Fair enough, I figured okay then its a bunch of crap what I read.

Well in the same search results I found a document on the IRS website itself that does have a few things that tag July 1, 2014. Essentially these tax code provisions started in 2014 and are essentially being implemented mainly starting in 2014: http://www.irs.gov/pub/irs-drop/n-13-43.pdf

It might be over-hyped or it might not be. I don't think anyone can really say if it will bring everything to a head or not, especially in July 2014.
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LoP Guest
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04-08-2014 11:41 PM

 



Post: #22
U.S. House of Representative Bill “H.R. 2847 July 1 2014
Here's what OP is asking about. Porter Stansberry (Google him) is pushing yet another scare video to buy his investment package at EndOfAmerica.com. Porter usually has transcripts of his video which you can find with Google. I found the transcript for this one here:
http://pro.stansberryresearch.com/1310PS.../PPSIQ409/

In it he says this about H.R. 2847:
Quote:In 2010, the U.S. Congress passed House of Representatives bill H.R. 2847.

Hidden within this bill is a provision known as "FATCA," which stands for the Foreign Account Tax Compliance Act.

This bill does several important things, as of July 1st, 2014:

1. It forces all worldwide banks to comply with the IRS if they have any transactions in U.S. dollars.

2. Because the U.S. dollar is still the world's reserve currency, it essentially means ALL WORLDWIDE BANKS, except for the smallest community institutions, must comply.

3. To comply, banks can either spend a fortune segmenting, tracking, and potentially "taxing" their U.S. dollar transactions by as much as 30%... or they can simply get rid of all of their U.S. customers.

In other words, the U.S. government is saying to all banks around the world: If you deal in U.S. dollars in any way, you have to give us full, unfettered access to all of these transactions... or you have to get rid of all of your U.S. customers.

The repercussions here are enormous:

For one, it means more and more institutions will move AWAY from the U.S. dollar, accelerating the already rapid worldwide move away from the dollar as reserve currency.

For another, it essentially makes it extremely difficult, if not impossible, for the average American to get some of his money out of U.S. dollars, and into more stable currencies via foreign banks.

Already, we've seen two of the largest banks in the world, JP Morgan Chase and HSBC, basically eliminate international wire transfers. Many small banks have reportedly followed suit.

And we expect many, many more banks to basically outlaw international wire transfers, the run up to this new July 1st law.

This is a clear example of Capital Controls. This is what a broke and desperate government does when they know the value of their currency is about to collapse.

We've seen governments around the globe pull these stunts over and over again... right before a currency devaluation or collapse.

And now it's happenings right here, in the United States of America.

Pretty dire, right? Dogs and cats living together dire. He's saying that banks would be required to report ALL US Dollar transactions. Porter said, "If you deal in U.S. dollars in any way, you have to give us full, unfettered access to all of these transactions..."

But the truth is it's not THAT severe -- maybe. If you Google FATCA 2847 you find this:
http://americansabroad.org/issues/fatca/...-repealed/

This is an anti FATCA website, so if anyone were to exaggerate it would be them. But what they say is "FATCA requires foreign financial institutions (..) to report directly to the IRS all clients’ accounts owned by U.S. Citizens... FATCA will require FFIs to provide annual reports to the Internal Revenue Service (IRS) on the name and address of each U.S. client, as well as the largest account balance in the year and total debits and credits of any account owned by a U.S. person."

So Porter -- with a history of exaggeration and bad predictions -- said FATCA is requiring ALL transactions reported, while American Citizens Abroad is reporting that FATCA requires only a minimum amount of reporting.

So which is true? I suspect the latter, that FATCA requires only a minimum of reporting. Annoying overhead for banks, but if they want the business bad enough they'll jump through the hoops.

Porter also claimed that JP Morgan Chase and HSBC basically eliminated international wire transfers. Well that's not true. If I recall, HSBC backpedaled and it's still possible with more expensive Chase accounts. So no, they haven't been "basically eliminated." Tightened, yes. Eliminated, no.

Is this bad news? Yes. It is just another brick in the wall. Another step toward dollar demise. I'm sure this will encourage some banks to limit the business they do with United States customers. Does it mean we'll be pushing wheelbarrows full of dollars to buy a loaf of bread by July 2nd? Not likely.

Don't believe everything Porter Stansberry says. After all, hyper-inflation didn't hit like he predicted in 2011, and again in 2012 and in 2013. Obama likely won't gain a third term like he predicted last year. Doesn't mean Porter is entirely wrong, but it does mean you take him with a grain of salt.
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Smokey Steve
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User ID: 230238
04-23-2014 04:11 PM

 



Post: #23
horn U.S. House of Representative Bill “H.R. 2847 July 1 2014
I watched an attachment to an email from Stansberry Associates for 1 hr 15 minutes and did not finish it. At that point it did not tell me how to get prepared for the looming financial crisis. When it got to "buy my report", I quit. I can't imagine many people watching it that long. It did say a lot about the US debt crisis about to arrive, but I already knew about that. That is a problem that congress has been ignoring and will bit us all hard if they don't address it soon. We are about to have high inflation and more taxes.
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FeAr ThE Nòóß
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04-23-2014 04:16 PM

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Post: #24
U.S. House of Representative Bill “H.R. 2847 July 1 2014
Dr. Who  Wrote: (03-17-2014 06:02 AM)
What do you Loony's know about this BILL?

http://en.wikipedia.org/wiki/Hiring_Ince...oyment_Act
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guest
lop guest
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05-03-2014 12:40 PM

 



Post: #25
teach U.S. House of Representative Bill “H.R. 2847 July 1 2014
You wont feel the effects at first and when this happens, your local news stations will tell that a law was passed and our money has been reset. Life goes on as normal for a few months but then gas prices go way up and groceries go way up. You cant afford your house note anymore and so you sign a contract with the gov and you get to live in your home but the gov owns your home. It will be a gradual sequence of events. Our money is no good. How can things continue on with no money? It cant so a reset has to be done and so there wont be panic in the street, so to speak, it will be gradual but quick changes until we go to the one world currency. Think me crazy or not, I don't care. Just watch and see.
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Uppity Me
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05-03-2014 12:56 PM

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Post: #26
U.S. House of Representative Bill “H.R. 2847 July 1 2014
The American Infrastructure is starting to noticeably crumble.
They have to maintain the illusion of capitalist prosperity so my guess is that they will need to provide some kind of job training/education to the massively unemployed populace.
I guess things are beginning to churn and starting to get ugly.
This is a bandaid on cancer
and the other poster is correct- the benefits will go to foreigners and illegals because they don't ask questions
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Winsmith
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05-05-2014 12:44 AM

 



Post: #27
U.S. House of Representative Bill “H.R. 2847 July 1 2014
BEWARE of Stansbury! We can trust no one who parrots the lie that
government spends money! They cannot get money from you when
all that you have in banks is numbers. They have no need for money
when all of us are risking our lives for more numbers! GE Griffin is another
to bewars of.doomed
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cap`n crunch
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05-05-2014 01:01 AM

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Post: #28
U.S. House of Representative Bill “H.R. 2847 July 1 2014
So what everyone else should just die off?-quote.

the operation is in full swing....

but there is no everyone else....

it`s everyone period....

How do you support Obama?....you give him change.
https://www.youtube.com/watch?v=UJVnMxG2gwA
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LoP Guest
lop guest
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05-05-2014 01:07 AM

 



Post: #29
U.S. House of Representative Bill “H.R. 2847 July 1 2014
Dr. Who  Wrote: (03-17-2014 06:02 AM)
What do you Loony's know about this BILL?

http://thomas.loc.gov/cgi-bin/bdquery/z?...L&summ2=m&

H.R.2847

SUMMARY AS OF:
7/30/2013--Introduced

Wounded Warrior Service Dog Act of 2013 - Directs the Secretaries of Defense (DOD) and Veterans Affairs (VA) to jointly establish the K-9 Companion Corps program for the awarding of grants to assist nonprofit organizations in establishing, planning, designing,and/or operating programs to provide assistance dogs to certain members of the Armed Forces and veterans who have certain disabilities. Defines "assistance dog" to mean a dog specifically trained to perform physical tasks to mitigate the effects of such a disability, except that such term does not include a dog specifically trained for comfort or personal defense.
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LoP Guest
lop guest
User ID: 224574
05-05-2014 01:16 AM

 



Post: #30
U.S. House of Representative Bill “H.R. 2847 July 1 2014
falderal  Wrote: (04-08-2014 04:28 AM)
Originally, I was looking at the legislation and I couldn't find anything about a date like July 1, 2014. Then when I was searching on Google I found a few forums such as this one. On one, a responder says, well since it is a house resolution it isn't law unless it passes both houses. Fair enough, I figured okay then its a bunch of crap what I read.

Well in the same search results I found a document on the IRS website itself that does have a few things that tag July 1, 2014. Essentially these tax code provisions started in 2014 and are essentially being implemented mainly starting in 2014: http://www.irs.gov/pub/irs-drop/n-13-43.pdf

It might be over-hyped or it might not be. I don't think anyone can really say if it will bring everything to a head or not, especially in July 2014.

This is as close as I ever got to the actual legislation, if it is legislation and not an IRS directive. I think it's aimed at capital controls, and sharing more information between banks so that governments seeking to find tax cheats can more easily locate their money and freeze accounts.

But I've seen nothing formal that lays out the new program or expected effects, other than more confirmation they are preparing for a crash and need capital controls to prevent capital flow out of US banks.

Thanks for posting.

Goodpost1

.
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