If Obama is a global citizen doesn’t that make him the President of the world?

The new FATCA legislation, signed by President Obama as part of the Hire Act, requires that every person in the world who owns a bank account declare whether he is a US person.  Imagine if the Chinese required that every bank account holder in American banks fill out a form declaring whether they are a Chinese person for tax purposes!  What would you say?  None of their damn business.

Obama must think he is the president of the world.

 

Isn’t this the way it starts?  With great speeches accompanied by ignoble acts of coercion?

United States Citizenship: The Hotel California

[The version of the song that I had up is all gone now, but this new link is pretty good too]

This is the best version of the Eagles song that I’ve ever heard.  United States citizenship is the Hotel California:  “You can check out any time you like, but you can never leave.”

[I found the unplugged version at Daily Motion]

x5eij7_eagles-hotel-california-live-unplug_music

 

Open Letter to the Executive Director of the Society of Biblical Literature

A letter to the Executive Director of the Society of Biblical Literature, an association with over 8000 members, informing him why the author will not be renewing his membership:  The US Federal Government is persecuting American citizens abroad of whom the author is one.

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Petrobakken manipulation: who is going to pay the fine this time SEC?

A few months ago I wrote a post critical of the hardline that the SEC took against Jonathan Lebed for so-called “pump & dump”.  Lebed was a 15 years old at the time, and he was promoting penny stocks that he liked using bulletin boards and the like.  It turned into a pretty lucrative trade for him, but the SEC made him pay a huge fine.  I said that it was not right for them to go after some kid, when the people on Wall Street do this sort of thing all the time.  Today, I think I found an example with one of the securities that I trade, Petrobakken.

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