New World Order Could be the Swan Song of Your Offshore Freedoms
One man's alarmism is another man's realism. And what I am about to relate here may move you to take action concerning offshore financial matters rather quickly – because time and your liberties may be running out. You really do need to think hard about what you should do now.President Bush will host a "summit meeting" on the global financial crisis on Nov. 15th in Washington, D.C. bringing together "world leaders" for the first in a series of conferences aimed at "reforming" the international financial system.The summit – to be held 11 days after the U.S. presidential election – will include leaders, finance ministers and central bank governors of the Group of 20, a forum established in 1999 to promote dialogue among industrialized and developing countries on economic issues.The G-20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States. The European Union is represented by the rotating presidency of its council, (in this case the hyper French president Nicolas Sarkosy), and the European Central Bank.While this and subsequent meetings are being billed as sessions for "reform" and possible cures of the economic ills now besetting the world, you can bet that the high-tax welfare states attending will drag out all their old socialistic nostrums that the Bush administration – however wrongheaded in so many ways – has been able to defeat or postpone for the last eight years.High among their goals is the abolition of tax havens worldwide, an end to all financial privacy, automatic exchange of tax information among all national tax collectors, nullification of bank secrecy laws, and public records of all hitherto private beneficial ownership of trusts, foundations and corporations.Just as the 9-11, 2001 terrorist attacks were used to justify rushing through the unconstitutional PATRIOT Act, watch what happens at this summit.
One man's alarmism is another man's realism. And what I am about to relate here may move you to take action concerning offshore financial matters rather quickly – because time and your liberties may be running out. You really do need to think hard about what you should do now.President Bush will host a "summit meeting" on the global financial crisis on Nov. 15th in Washington, D.C. bringing together "world leaders" for the first in a series of conferences aimed at "reforming" the international financial system.The summit – to be held 11 days after the U.S. presidential election – will include leaders, finance ministers and central bank governors of the Group of 20, a forum established in 1999 to promote dialogue among industrialized and developing countries on economic issues.The G-20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States. The European Union is represented by the rotating presidency of its council, (in this case the hyper French president Nicolas Sarkosy), and the European Central Bank.While this and subsequent meetings are being billed as sessions for "reform" and possible cures of the economic ills now besetting the world, you can bet that the high-tax welfare states attending will drag out all their old socialistic nostrums that the Bush administration – however wrongheaded in so many ways – has been able to defeat or postpone for the last eight years.High among their goals is the abolition of tax havens worldwide, an end to all financial privacy, automatic exchange of tax information among all national tax collectors, nullification of bank secrecy laws, and public records of all hitherto private beneficial ownership of trusts, foundations and corporations.Just as the 9-11, 2001 terrorist attacks were used to justify rushing through the unconstitutional PATRIOT Act, watch what happens at this summit.
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