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Well said. The US government is more and more despicable by the day. FATCA and HIRE are probably among the most arrogant pieces of legislation ever written. Trying to govern foreign banks on the foreign bank’s own soil, ridiculous. Yes, we know what they are going for, but it is just not right. Imagine if anyone tried to do that to bank on US soil?
With all of their money printing and oppressive legislation, I eagerly await the day they erode and inflate themselves into irrelevancy. They need to swallow a hard pill so America can begin the long and painful healing process of bringing itself back to both financial and social health.
In the words of Robert LeFevre, “Government is a disease masquerading as its own cure”. Nothing could be a more true description of the US government at this moment in time.