by John Galt
March 29, 2010
While I was out playing happy camper in the Everglades and checking on my ‘local’ BOL, some news snuck through the system but thankfully good old Tyler Durden at ZeroHedge.com has the scoop:
It's Official - America Now Enforces Capital Controls
This is not something I say lightly after reviewing this information and reinforcing the commentary from the Rangel rule which restricted and penalized voluntary emigration and/or renunciation of one’s citizenship from the United States.
If you can, even if it means a 75% loss of your fortunes, get out now.
If you have a universal skill set (Programmer, trader, medical skills, security skills, etc.) and can relocate with little resources, get out now.
If you have real estate holdings in certain nations (not Canada or Mexico) get out now.
The precursor to most major shifts within western civilization have always been the restrictions placed on the flow of capital. Without going off into woo-woo land on you, all I can say is that this is a warning shot that something major is about to occur which further restricts the freedoms of the citizens of this once great nation. When I did my radio show, I warned that this one event, a key moment or marker in any nation’s history was something to be taken deadly seriously. In my opinion it means that a currency realignment or change or outright revocation of rights taken for granted was certain with a 90 day, maybe if we’re lucky, 180 day window.
One more time:
If you can escape, do it now.
Good luck to all and God Bless.
