At the same time the Obama Administration is throwing open the doors to the country to illegal aliens, he and other lawmakers are working overtime to shut those doors to Americans.
As noted in a blog post on the website of Armstrong Economics, first the Internal Revenue Service used the Foreign Account Tax Compliance Act, or FATCA, of 2010, to hunt down any assets Americans had overseas.
Now, Armstrong says, there is an attempt by a GOP lawmaker to use the excuse of preventing terrorism to hunt down American assets once again.
The economic forecaster notes:
[J]ust two days after taking charge of the committee chairing the House Homeland Security subcommittee hearing, U. S. Rep. John Katko introduced two bills. He is looking to effectively close the borders using terrorism as the excuse as always to hunt down Americans. Katko is a former federal prosecutor. So he knows precisely what he is doing writing a law that is so broad, that anyone suspected of a crime cannot leave the country. This is any crime. Keeping gold in a safe deposit box is money laundering carrying up to 25 years in prison.
This post was published at The Daily Sheeple on March 11th, 2015.
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