Ferrari Mailing List: Re: OT - NFC - State Gov Confiscates Bank Accts ?

[ken rentiers (rentiers]

Steve:

Milton Friedman had it right. As we waltz ever further down the path  
to collectivism America becomes an increasingly totalitarian state.  
The fact that it took us so long to deteriorate to this point is  
testament to the genius of the Founding Fathers. The original draft  
of the Declaration of Independence said "Life, Liberty and Property".  
Shoulda left it like that.

k

http://www.youtube.com/watch?v=JfdRpyfEmBE


On Jul 26, 2007, at 7:37 PM, Steve Cook wrote:

> From a nice article in today's WSJ about Heinlein:  (from "Glory  
> Road")
>
> "The power to tax, once conceded, has no limits; it contains until it
> destroys. I was not joking when I told them to dig into their own  
> pouches.
> It may not be possible to do away with government -- sometimes I  
> think that
> it is an inescapable disease of human beings. But it may be  
> possible to keep
> it small and starved and inoffensive -- and can you think of a  
> better way
> than by requiring the governors themselves to pay the costs of their
> antisocial hobby." As they say on the Moon, "TANSTAAFL!": "There  
> Ain't No
> Such Thing as a Free Lunch!"
>     -Robert Heinlein.
>
>
>
> -----Original Message-----
> From: ken rentiers [mailto:rentiers [at] mac.com]
> Sent: Thursday, July 26, 2007 6:31 PM
> To: scook [at] gear21.com
> Cc: The FerrariList
> Subject: Re: [Ferrari] OT - NFC - State Gov Confiscates Bank Accts ?
>
> Yeah - like move to the Caymans. Twist my arm.
>
> On Jul 26, 2007, at 7:23 PM, Jason Polzer wrote:
>
> > Foreign cards tend to not work well in other countries.  Most stolen
> > cards (after the limit is hit) get physically sent to other
> > countries to
> > be used for years on small unchecked purchases.  As a result many
> > places
> > that can swipe will not even accept a foreign card without a call-in.
> > You'd have to pay a local card off with the funds which is
> > traceable, or
> > start scheming deeper...
> >
> > Jason
> >
> > Hans E. Hansen wrote:
> > > I've heard of people doing just that.  There are quite a few
> > > reputable Caribbean banks that will hold trust accounts accessable
> > > via a Visa card.  Grand Cayman and Bermuda (OK, not
> > > in the Caribbean....) come to mind.
> > >
> > > OTOH, I have absolutely no idea what the IRS might be
> > > able to do to you.  What likely would make this problematic
> > > are the various anti-terrorism laws that look dimly on
> > > money transfers from any source that they might find
> > > questionable.
> > >
> > > Hans.
>
> _________________________________________________________________
> To unsubscribe or modify your subscription options, please visit:
> http://lists.ferrarilist.com/mailman/options/ferrari/scook% 
> 40gear21.com
>
> Sponsored by BidNip.com eBay Auction Sniper
> http://www.BidNip.com/
> and F1 Headlines
> http://www.F1Headlines.com/