Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now, It is Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Just when we thought the US could not sink any further in its usurpation of civil rights, here comes the FBI to advise all those who tend to think that the broken economic model of the past century is the cause for the global insolvency, that wanton fiat …
The following user says Thank You to kbit for this post:
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009
yeah,
didn't most of those "soveriegn(s)" collapse, when the notion of King, royalty and "state" met up with Socialism, Communism and the raw butt of the gun, from all those masses huddling to be free?
wasn't that what happened in 1917 with Russia becoming the USSR?, and other countries throwing off the weight and domination of those empirical powers?
weren't those empires and their royals, soverigns? or princes?, or whatever?
so, how does this matter effect or affect the price of tea in China?, as they used to ask, so often?
why does this extreme discussion matter?
and most importantly, how is it relevant to trading, right now?
Man Tries To Relinquish US Citizenship. Application Denied
I was approached recently by a member of our Sovereign Man community who filed the paperwork to relinquish US citizenship some time ago. Long story short, after an incomprehensibly long wait, the US government finally sent him a reply: Application DENIED.
Absolutely shocking. That you even have to ‘apply’ to relinquish what you never signed up for is intellectually insulting. That you cannot do so freely, and immediately, is nothing short of totalitarian.
It’s still an embryonic movement, though more and more US citizens are being driven to divorce their country. Last year nearly 1,600 people gave up US citizenship, up from 1,485 in 2010, 731 in 2009, and 226 in 2008.
While some renunciants have philosophical misgivings about being American, most do it for tax reasons. There’s a growing number of expats who, despite living abroad for years, are still paying huge portions of their income to Uncle Sam.
What’s more, the filing requirements are getting more and more onerous. US citizens living overseas have to keep up with all sorts of changes to the tax code that they may not be privy to, and the penalties for noncompliance are severe.
I can’t tell you how many friends I have who are US citizens living abroad that had no idea they were supposed to file the Report of Foreign Bank Account (FBAR) form every year; or the new FATCA form 8938; or those with businesses that must file form 8858 or 5471.
Usually these things come with pretty nasty penalties, possibly up to $10,000 per instance of failure to file.
Then there’s the latest, greatest tax target: accidental US citizens. This group consists of foreigners who happen to be dual nationals because they were born in the US or have an American parent.
These foreigners have spent their entire lives outside the US. They know absolutely nothing about US tax code. Now they’re getting Dear John letters from the US government saying-
“I see you are a US citizen but have never filed your taxes. Please enclose a check for the following absurd amount of money, which includes interest and penalties for the last 20-years…”
Such tactics smack of desperation… typical of the same sorts of cannibalistic moves that failing, bankrupt governments throughout history have exacted upon their people.
Citizenship is nothing more than accident of birth. Yet in the modern nation-state paradigm, governments lay claim to citizens from the time they’re born as if we’re property.
Children are saddled with obligations that they never signed up for– taxes, compulsory military service, a debilitating national debt, etc.
Most countries at least have procedures to voluntarily surrender citizenship for those who choose to opt out of the system; in the United States, it is contained in section 349 of the Immigration and Nationality Act.
The process usually takes place overseas at a US consulate– you have to fill out a series of forms, swear an oath in front of a government official, and eventually file a final tax return. Some people even have to pay a steep ‘exit tax’ on the value of their assets.
I know dozens who have done this, and from what my friends tell me, many of the consular officials attempt to impugn, insult, or otherwise intimidate people looking to surrender their citizenship. It’s their last-ditch effort to keep the milk cows from escaping the dairy farm.
For example, one official tried terrorizing a friend of mine last year in South Africa, saying, “This smells like TAX EVASION to me!”
Despite all the forms, the bureaucracy, and the intimidation tactics, I had never heard of a case where someone’s properly submitted ’application’ to surrender citizenship has been denied (bar Ken O’Keefe). Until now.
But in what may be the most distinguishing mark of a totalitarian state, the US government has now officially prevented someone from freely leaving the system. The Soviet Union comes to mind.
It certainly does make one wonder to what desperate lows they will sink to next.
Expatriation is not that difficult for those who know about it, and therefore not that expensive to get some competent professional assistance to ensure that it is done correctly.
Mark Nestmann has been in this sort of business for many years and knows what he is doing. I understand that he will never ever do anything that is not totally legal. He is really big on going offshore, but he does not advocate hiding offshore investment from the IRS. Stay legal and stay out of jail is his motto. See ---; When the USA Rejects Your Expatriation | The Nestmann Group, Ltd. - Second Passports, Citizenship & Residence, Wealth Preservation & International Tax PlanningI believe that expatriation is unnecessary and a waste of one's time, money and energy. I am aware of two different methods of ensuring that one is not subject to any of the USC that is not listed within the Federal Register, such as Title 26, without expatriation. These methods require that one acts as a sovereign at all times, and one could liken it to walking the high wire without a net. One had better know exactly what one is doing in the commercial world at all times.
I am aware of even a third method which requires the sovereign to have dual citizenship and limits the injury if one should fall off of that high wire.
All cases I am aware of require that one ALWAYS act as a sovereign, and most people do not even know what it means to act like a sovereign, much less how to act like a sovereign. And when most people discover the basic requirements of acting like a sovereign, they decide it is far too difficult and they are much too fearful of the high wire aspect of it.
In any case, it is my opinion that the act of expatriation is unnecessarily running away from the clutches of the U.S. gov, and still not living the life of a sovereign.
Sovereignty, what is it? What authority do you have? A family man has as much sovereignty as his wife, and children will tolerate. Then they or you leave if you are not granted the authority you desire.
In America. The Peoples Sovereignty is ddescribed in Article 6. We have Democracy, Legislation Law, and we have the Ultimate Sovereign Law of Common Right. Found in the Northwest Ordinance Section 14. United States Congress created this document two months, before the Constitution. Section 14 states that one cannot lose life, liberty, or property without jurors deciding the common right of the facts presented and the resolution to. Lose life, liberty, or property.
Article 6, Clause 1 preserves the perpetual agreement in Section 14, Article 1, Section 8, Clause 17 geographically binds it by that enumerated right. Article 4, Section 4 guarantees every State of to protect it. Amendment 7 tells us the trial by jury of common right is the highest court in the nation, and no court can dishonor the verdict. Article 1, Section 10, Clause 1, and Article 1, Section 9, Clause 2-3 states that no Bills of Attainder, Ex Post Facto Laws, and no impairing agreements. Bills of Attainder is violated every day in America by people going to jail before a trial. All Legislation is ex post facto laws. Impairing the agreement of Section 14 is a regular occurrence. Do not forget the expository on the Constitution, Federalist Papers. Paper 81 says that a trial by jury cannot be ABOLISHED by any appellate Court, or Paper 78 that makes it clear that man can tell Democracy or the Courts what to do.
Really, tell the Courts what to do? Personally if the local Court will not listen I file harm done for violating the Constitution in the one and only one National Court. Today it is called the “United States Court of Federal Claims. Suing the United States, Congress, for dishonoring the perpetual agreement in Section 14. United States Congress is the Creator of the Sate as defined in the Northwest Ordinance.As a Sovereign the United States Created Section 14 on my behalf. One will get a letter of apology and restitution when done right for being violated. If one cannot enter the Court without a fee. One does not know their Sovereign Authority. It only takes once and the United States will make sure you are left alone.
Non Citizen National Certificate, or National Passport work to help. Both require an oath before a judge or a affidavit with a notary to be granted. It is all I use for a drivers license, banks, etc. If one wants to participate in Democracy they can. It is your consent. It is not an all in, or all out proposition, but rather ones choice. Enjoy your Sovereignty in America, our forefathers did not fight for no reason at all.
Let me mention that the Revolutionary War participation. Estimated that 30% wanted Britain here; 30% did not care one way or the other; 30% wanted Britain gone, but would not fight till the end when it was a sure victory; 10% fought from the beginning to have the King of Britain recognize the Citizens or People of the United States of America as the King. I believe the same is true today. Very few really want to live free, till they need a defense.
