Monthly Archives: January 2015

The 2nd Royal #FATCAt to be born in Stockholm this Summer!

How  media attacks tens of thousands of innocents, including kids.

The 1st FATCAt, Swedish Princess Leonore, was born in 2012. She should yearly report herself to US police agency FINCEN-The Financial Crimes Enforcement Network, due to her assumed extensive joint assets stored in the tax haven Sweden.

 This is a hot topic. The King of Sweden never talks to the press about family matters. That’s why we here at the Rag (where we don’t print anything that doesn’t already offend ourselves”) are so happy to have been granted exclusive interview rights with the King of Sweden–to get down to the bottom of this.

Q: “We hear that your son-in-law is a FATCAt American, is that true?”

A: “I won’t comment about anything said about anybody that my daughter married”

Q: “Let’s talk about your grand children, then–is it true that they are FATCAts too?”

A: “I understand that you ask pointed questions. We have between 50,000 and 100,000 people living in our country whom USA calls “US persons for tax purposes”. In Swedish, we call all of our residents “the little people”, although that is sort of said lovingly tongue-in-cheek. My first grandaughter is automatically a US citizen, and there is nothing to be done about that until she is 18 and can make her own decision”  ” My next grandchild is due this summer.”…. “We understand that the Swedish media, the German media, and pretty much every media in the Milky Way now assumes that US citizens and US persons are all FATCAt tax cheats” “That’s what the media does–it joins up with civil governments to paint the picture that the politicians want, so they can get elected. Back when the monarchy ran things, that wasn’t needed”

Q: “Doesn’t that bother you?”

A: “Of course it does……every single one of those persons is a resident of my country. They all pay Swedish taxes. We even expect them to pay a tax on their tv. They should all be assumed to have done what they should have done, unless of course they actually didn’t. All of those things are in our constitution. We call it ‘Grundlagen’, or groud rules or basic law”

Q: “But what about all of those Americans in USA that are sending their money to Sweden–in order to avoid taxation?”

A: “I can understand how you think. You seem to be qualified to be a politician. And a member of the media–there really isn’t much difference, these days”

Q: “I don’t understand.”

A: “Neither does anybody in the US government or my own government in Sweden. They seem to think that there are criminals that would send their money to the highest taxed country in the world. And they think that a real criminal is going to fill out a form at his bank, admitting himself to be a US tax criminal by checking off one of the boxes saying

___   I am a US person

___   I am not a US person

Q: “Huh?”

A: “Yeah, my government is now bringing up a bill in our parliament–it’s a few thousand pages long–to ask 2 questions: Where were you born and what other passports do you have? Its simplicity is ludicrous and its unconstituionality is obvious, but that doesn’t seem to matter” “Does the civil government really believe that a real criminal tax evader is going to honestly admit his crime on a form? ”

Q: “Is that what FATCA is all about? It costs $25 per capita to implement in each country”

A: “Sweden is more expensive than a lot others. It will cost even more here. The smaller banks are trying to weasel out of it, but this IGA thing has already forced ALL of Swedish banks to comply to US law. I am not allowed to say whether that is good or bad. It’s been more than a hundred years since they’ve let my family give opinions about politics”

Q: “I see. Is your next granddchild going to be a FATCAt?”

A: “Again, I understand that you ask pointed questions–that you are a reporter who needn’t respect foreign titles”

Q: “Well, uh, actually, I am reporter for right now. But I am also banker, postman, fireman, and royalty of my own Kingdom. But, I have to try to be a tough guy during the time that I am a reporter for The Rag.”

A: “I understand–sort of. Remember, when you and all of your media colleagues and all of your politicians at OECD and EU and everywhere are talking about FATCAts, you are talking about 50,000 to 100,000 of my little people. And you are talking about my grandaughter and soon-to-be grandchild. I find it pretty offensive.”

Q: “Has Chris filed his FBARs for his daughter?”

A: “Get this—according to US law, the child is supposed to file its own FBARs.

Q: “Oh my God.

A: “Please—just call me “King”

Q: “Has the child yet filed its FBARs and properly reported itself to the Financial Crimes Enforcement Network”

A: “I honestly don’t know. Chris says that such things are private. It’s up to him to say if they banked all of the baptism gifts in Sweden or in USA.  I also agree that they are private to the world, but because I’m the King and I need to know about the family’s reputation and I need to know for myself”

Q: “Who does know?”

A: “Well, the Swedish Secret Service is in cahoots with the USA NSA. They run their own show, and they tell the civil government what to do. No doubt that they know all of Chris’ personal finances. But they spend a load of my Kingdom’s money to do it”

Q: “Wow”

A: “Sweden has better technical spies than US has”. “And Sweden has as many servers and lines as USA has. That’s why they’ve been working together for so many years. I don’t tell this in any official capacity, here, it’s just what is written openly in lots of newspapers”

Q: “So, the Swedish intelligence has all the dirt on your granddaughter. Who else?”

A: “Perhaps our secret service has it. You know, they are as competent s any government agency. But—Well, the IRS data leaks like a sieve. Chris’ data has been accessed numerous times from the IRS databases”

Q: “wow. how could that be? Is that true”

A: “I didn’t believe it myself. Not that I don’t like Chris, I, uh, well Madeleine married him. But I was at the computer with one of my grandaughter’s 15 year old cousins, and he got into the IRS data after just 13 minutes.”

Q: “So, you know that you will soon have 2 US-person grandchildren–what will you do about it?”

A: “I asked the Swedish bar association to look into it. But they told me it was US law. They don’t have any time to look into it. They are trying to read a few thousand pages of FATCA law to implement in Sweden. There’s enough constitutional violations in that stuff to keep them working 24-7. Violations of the Swedish constitution, that is.”

Q: “So what did you do?”

A: “Same as all the little people will have to do–I’ve hired an army of US tax accountants and lawyers to look into it. It costs a fortune. I thought that Chris could deduct the costs from his US taxes, but no. I’ll just have to sluff it all of on the Swedish Royal expense budget and dump it onto the little people”

Q: “What are they looking at?”

A: “Well, they will first look to see if the trusts that I set up for the little ones are protected””I think that I am considered to be a government official, but I seriously doubt that USA respects the official status of my grandchildren as princes and princesses. We’ll see. 500 bucks an hour is the going rate for researching those questions, and we have no idea where the answers lie”

Q: ” And?

A: ” Our beautiful granddaughter might truly be FATCA reportable, because she isn’t a “government official” according to US law. If so, her bank has to report her. The Swedish bank officials in Sweden are now liable to US law and have to report everything, otherwise being prosecuted by USA—whatever that could mean” “Swedish laws are no longer relevant, it seems that US laws are what now governs the lives of Swedes”

Q: “Your bankers are subject to US prosecution under FATCA?”

A: “Probably. The Swedish government must pay a bunch of lawyers fees to find out””But the royalty is not involved in that”

Q: “Your next grandchild will be born in Sweden. You must be proud. A “real” Swedish princess (or prince)”

A: ” Well, we wish it could be so. Her father (let me remind you again–I warned my daughter about these things) is an American. His next child (although born in Sweden) is automatically American, too. Only the child can get rid of it when the child becomes 18. The media automatically calls her a FATCAt”

Q: “ouch”

A: “We had a talk. She persuaded me. I just wish she had researched it as much as her girfriends had. One of them talked to an anonymous advice site. And ended up dumping that American because of his government. …

Oh well, we are just happy to have a grandaughter and another on the way”

Q: “The government is passing a law that finds all US persons living in Sweden–like your grandchildren–What do you think of that?”

A: “150 years ago–my family was making the laws. We made laws for the benefit of Sweden, not because we were threatened by other governments”

Q: “How do you mean?”

A: “Well, Swedish banks were threatened with 30% sanctions if they didn’t succumb to USA’s FATCA laws. Instead of standing up to those sanctions and protecting Sweden, the civil government decided to adapt the US laws”

Q: “What do you think about that?”

A: “I only tell you what has happened. I can’t say my opinion about how the government should do this or do that”

Q: “I see. Your grandchildren?”

A: “They are US persons. There is nothing we can do about it, except the same as what all the little people are doing. We are paying an army of US lawyers and accountants to protect them, just like the little people need to do. Except that we have loads of money and the little people don’t”

Q: “And the civil government?”

A: “They don’t care—they are passing the law because they can’t stand up against the threat of 30% sanctions. And they have persuaded themselves that USA will give something back to them, even though they know they won’t”

Q:: “Nothing?”

A: “My great grandfather had a Swedish word which, loosely translated, is something similar to “bullshit”, But that word became archaic as the monarchy lost its mandate—that word eventually morphed into a meaning similar to ‘´parliamentary review’.”

Q: “Can you explain?”

A: ” ‘Reciprocity: The Government of the United States acknowledges the need to achieve equivalent levels of reciprocal automatic information exchange with Sweden. The Government of the United States is committed to further improve transparency and enhance the exchange relationship with Sweden by pursuing the adoption of regulations and advocating and supporting relevant legislation to achieve such equivalent levels of reciprocal automatic information exchange…’ That’s what they signed. . Can you believe it?”

“This means ‘Sweden is giving all of the private information of my granddaughters to USA, and in return we get a load of USA doublespeak”

Q: “Sweden gets nothing

A: “Sweden gets nothing. Sweden pays everything. That’s what happens when the Royal family isn’t in charge. I would ignore it all if it weren’t an attack on the “little people” and my grandchildren.”

Q: “Did the civil government think about what the grandchildren should have been doing, and the penalties behind it?

A: “No. They say that the consequences belong to those US persons. I’ve got the lawyers assigned to look into all the stuff about if Princesses could be exempted from filing FBARs. It doesn’t look promising. And it’s criminal law (section 31).  On top of that, MORE lawyers have to look into TAX law and the 8938 form and a bunch of other reporting forms and if a princess could be excluded from those. It isn’t looking good. And the threats of penalties for mistakes are enormous. Just think what is going to happen to all those little people. They’ll be ruined.

Q: “This has been informative, but I have over-run my copy inches with this interview. My boss at The Rag is going to be furious”

A:” Oh? Who is that?”

Q: “Well, uh, that’s me. It’s also me who has to implement all this same bullshit at Banc de L’asteroide B612.”

ALL RIGHTS RESERVED

ALL RESPECT DESERVED

(psst this is satire-as attested by my unlegal advisors)

Twitter byline:

How  media attacks 100K innocents, including kids. Satire is reality

The author’s bio:

petit prince

The lead writer f l’asteroide B612 Rag

Our writer is also the expert upon banking, postal issues, business, and rule of a Kingdom

Bail In’s Enacted at the last G20 meeting: “Banks may take your money to cope with crisis”

             Q: Is your money safe with your bank?

             A: No, your bank is safe with your money.

“Banks may take your money to cope with crisis” (The Cyprus Model is adapted globally)

http://www.etc.se/ekonomi/bankerna-far-ta-dina-pengar-att-klara-krisen

Below is the translation

The question is not if, but when the banking crisis occurs. And then the major banks have the right to take your life savings in order to save themselves and the financial system. The Decision was clubbed through recently at the G20. Because of Sweden’s EU membership, Sweden must follow the directives.

The Swedish model has been clear. When the Swedish banks have financial problems it borrows Swedish state money. The system is called bail out”. But this changed at the G20 summit in November last year. A new international standard for the world’s major banks was resolved last year.. During a crisis, the bank is allowed to take their clients ‘capital, ie individuals’ savings accounts and pension funds, in order to save themselves: A so-called “bail-in”.

The risk for savers is obvious, as you can read in the analysis alongside. The new system applies primarily to large banks with implications for the global economy, the so-called Global Systemi- Important Bank. The only Swedish bank Nordea and Danske bank also active here. But even more Swedish banks SEB and of Swedbank, may be affected by the new directives.
On the Swedish banking association thinks chief economist Johan Hansing that the decision is good.

Our approach to this process is basically positive. We think it is obvious that if a bank is experiencing problems, the bank shall as far as possible handle problems without the government having to go in to mediate.

What is it that is so bad that the state should go in?

The system is based on the fact that the state assumes the responsibility, but there must be enough capital so that taxpayers should not have to pay for the bank to cope.

Must follow the directives
Sweden is not a member of the G20 but still has a duty to comply with the directives of the EU membership. But the question is complicated by the Financial Crisis Committee submitting a report to the Finance Ministry on how a banking crisis should be handled. It says that Sweden should act in a different way (than previous).

Our proposal builds on the contrary, if banks get into more serious problems, the state should have the opportunity to take control of the bank. State shall be able to write down receivables or convert them into equity. The whole idea is to give the banks’ owners and financiers greater responsibility for the losses a bank may encounter, says Lars Hörngren who led the investigation.

Financial Crisis Committee has the task of the EU directives are and then work it into a Swedish bill. The investigation is located on the Treasury and Lars Hörngren hope it can be decided on a new law during the first half of the 2015th

“Gets a celestial life”

But that Sweden would make a law that goes against the decision taken at the G20 does not matter. I think today’s ETC’s economy writer Stefan Koch, now sounding the alarm about the decision at the G20 meeting.

I do not think that goes against the directives, I think driving on with this. This course an international standard that is set now, he says.

What do you think will happen when a banking crisis?
I think people will be quite mad when it happens. We could see it in Cyprus in 2013 which had as proposals to take savers’ money to rescue the remaining banks. There were large demonstrations and a solution that involved a kind of middle way in which those with savings of € 100 000 had to pay a portion. When it starts to talk about private bank accounts which also belong to the middle class becomes a celestial life.

Today ETC has no result sought Finance Minister Magdalena Andersson with the question how the government agrees to the G20‘s decision. Neither Nordea, the only bank with a foothold in Sweden as part of the new system, has wanted to leave a comment on how they intend to deal with a banking crisis.

cyprus - Copy

http://www.huffingtonpost.com/ellen-brown/new-g20-bailin-rules-now-_b_6244394.html

and “Timeline For “Bail-In” Of G20 Banking System”

This implies that the Dodd Frank and its revisions likely are the implementors.
(In order to implement evil–hide it in the boring.

“How did it happen?

How did we come to a place where an unknown, unelected body of bankers and bureaucrats — chaired since its inception by former Goldman Sachs men — has duped the G20 heads of government into endorsing a scheme to “bail-in” the insolvent private sector banking system by stealing the savings of taxpayers?”………..

http://barnabyisright.com/2013/07/14/timeline-for-bail-in-of-g20-banking-system/

If you want to keep your money safe: bank with us, at

Banc de l’asteroide B612

ALL RESPECT DESERVED

#OwnGoal Team USA: New American Kidnapping Tool Released via #IRS’ #FATCA tool

secure - Copymessage - Copy

Q: What does the IRS say to fraudsters, phishers, kidnappers, and terrorists?

A: “Boo”

Are you scared now? There’s more:

“Unauthorized kidnapping of US persons is prohibited and subject to criminal and civil penalties”

Or, more accurately, the IRS is saying “if you should gain global access to the most personal and private data of US persons , boy are you really going to be in trouble”

Today, the IRS is launching it’s Global IRES portal for exchange of FATCA Data. This is the Obama administration long-awaited system for potential terrorists and kidnappers to assemble data of US citizens.

FATCA requires all banks in all of the world to search out any person it suspects could be a US person. All of the banks in Afghanistan, Kosovo, Azerbajzhan, China, Russia, Somalia, Yemen, and everywhere else in the world. The US Treasury has also made agreements with many countries of the world such as Kosovo, Azerbajzhan, UAE, Kosovo, and many other “trusted” governments, which shall store data.

The data stored are the addresses and contact information of each suspected US client living in that country. Also, for each US person, must be the US Social Security number, the total assets, the bank account number, and the local identity number.

Can you imagine how much this information could be worth to a terrorist or kidnapper?

Well, the internet exchange system has been opened up today.

Besides the ludicrous system of exchanging such personal data from behind battle lines to USA, one has to think of how that data is processed prior to getting into the system. Remember that there are absolutely no FATCA requirements as to how this data is to be collected and stored.

There are no restrictions that this data could be internally accumulated on any system. There are no security checks on any of the administrative clerks or IT personnel. There are no requirements for any person to not take any data home on any portable drive. There are no requirements to not store it on any portable pc. There is no control of how passwords are to be stored locally.

There is no guarantee as to who the friends of an IT administrator might be at a bank in Afghanistan, where a US person NGO worker might be located. There is no guarantee as to what the expectations might be of a corrupt upper level bank official in Yemen or Iraq or some other country requid to adhere to FATCA. There is no guarantee over what might happen if an honest Iraq banker has his laptop stolen.

remember me - Copy

How about this one? Here is a great security feature for a US Government sensitive security system: “Remember me” . Let’s give the US government some credit–no doubt they wanted to cut down on all of the post it notes with user names and passwords that are normally used in offices and homes and laptops. The computer will automatically come up with the login information  instead.

The new USA IRS FATCA US-person data collection tool for use by terrorists and kidnappers. Apply for free access now.

ALL RIGHTS RESERVED

ALL RESERVED

#Sweden begins Discriminatory Profiling its Citizens by Country of Birth and by National Origin

Fatqa- crop

Sweden banks, according to an agreement with the Swedish government administration, have begun to map out Swedes according to the place of birth and original nationality.

Nordea bank is currently the most visible bank performing these operations.

The Nordea banking app for mobile phones has been reported to lock up for users, until they answer questions about their birthplace. The app follows up with a question asking what other passports the user has.

Currently, the app allows the user to put off answering the questions until later, but it is not stated as to how long the questions may linger before Nordea requires an answer.

These questions are related to questions required by USA under FATCA, the “Foreign Account Tax Compliance Act”. It assumes that any “US person” living in Sweden is living there in order to avoid taxation. Any person living in Sweden and banking in Sweden must prove to their Swedish bank that they are not living in Sweden for the purpose of avoiding taxation.

Now, Sweden likes to be seen as being politically correct–especially when it is not politically correct. Sweden does not want to be known to be profiling its citizens per one nationality (USA). Therefore Nordea, under the advise of the Swedish Banking Association (Svenska Bankföreningen), has decided that it shall profile ALL persons according to their birthplace and national origin.

Hence, Nordea now asks for the birthplace of each and every customer using the bank application. Any person with a disagreeable birthplace shall receive a unique treatment. Which birthplaces might receive unique treatments and what those treatments may be are not revealed to the customers.

Nordea asks what nationality its customer is.

Nordea also asks if their customers have other nationalities (passports). Any person with a disagreeable additional passport shall receive a unique treatment. Which nationality and which birthplace shall receive that unique treament are not revealed to the customer.

What happens if that person has an Eritrean birthplace or Eritrean passport? Eritrea requires those persons to pay a 2% tax to the motherland. Many countries have complained to the UN about this, but perhaps Sweden has now decided to report them?

What happens if that person has a US birthplace or US passport? Sweden has made an agreement with USA that any Swedish person with a US birthplace shall be reported to USA. Think of all of the expatriate Volvo and Ericsson parents who have parented while on assignment in USA–all of their children are now going to be taxed by USA.

The agreement to send information to USA is called “Genomförande av avtal mellan Sveriges regering och Amerikas förenta staters regering för att förbättra internationell efterlevnad av skatteregler och för att genomföra FATCA” , Utgiven: 21 november 2014. It is easily found on http://www.riksdagen.se and http://www.regeringen.se.

http://www.regeringen.se/sb/d/108/a/250426

To make things interesting–this ethnic separation in Sweden is not being carried out by the nationalistic Swedish Democrats. This ethnic separation is signed by the right coalition which governed Sweden until the fall election (Anders Borg & Fredrik Reinfeldt). Now, the implementation of that agreement is gladly being carried out by the left coalition led by Stefan Löfven and finance minister Magdalena Andersson.

The next question is what will the banks and administration do with the data of those that are born in Saudi Arabia, Israel, Nigeria, or any other country that Sweden has made under-the table arrangements?

Sweden has embarked upon a system, initiated by USA, to segregate its citizens according to their birthplace and nationality. Sweden has entered a new era.

Will pure Swedes now be identified for further breeding?

ALL RIGHTS RESERVED
ALL RESPECT DESERVED

us person