It's official: Capital control is here (ZZ) - 未名空间MITBBS历史存档

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It's official: Capital control is here (ZZ)

It's official: Capital control is here (ZZ)# Stock

N*n2010-03-31 07:03

1 楼

We warned you about US to implement a Hotel California regulation on your
money, ain't we. Well, turned out we were not kidding.
It couldn't have happened to a nicer country. On March 18, with very little
pomp and circumstance, president Obama passed the most recent stimulus act,
the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487),
brilliantly goalseeked by the administration's millionaire cronies to
abbreviate as HIRE.
As it was merely the latest in an endless stream of ac

n*n2010-03-31 07:03

2 楼

What does it mean?

little
,
expand
read

【在 N********n 的大作中提到】

: We warned you about US to implement a Hotel California regulation on your
: money, ain't we. Well, turned out we were not kidding.
: It couldn't have happened to a nicer country. On March 18, with very little
: pomp and circumstance, president Obama passed the most recent stimulus act,
: the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487),
: brilliantly goalseeked by the administration's millionaire cronies to
: abbreviate as HIRE.
: As it was merely the latest in an endless stream of ac

N*n2010-03-31 07:03

3 楼

Obama: "So you wanna move money out of US and to a foreign account, huh?
Hmmm, such action hurts the stability of and confidence in US capital
market and I therefore disapprove it. Your money is locked here in US."

【在 n******n 的大作中提到】

: What does it mean?
:
: little
: ,
: expand
: read

g*u2010-03-31 07:03

4 楼

"...you can check out anytime you like, but you can never leave..."
过门够长的。

n*n2010-03-31 07:03

5 楼

sounds little impact on me and frogs anyway.

【在 N********n 的大作中提到】

:
: Obama: "So you wanna move money out of US and to a foreign account, huh?
: Hmmm, such action hurts the stability of and confidence in US capital
: market and I therefore disapprove it. Your money is locked here in US."

I*a2010-03-31 07:03

6 楼

I doubt its effectiveness in capital control.
1. Foreign banks may or may not honor US requests to close an account.
2. This gives new incentive to the existence of underground banks or other
forms of informal capital flow.
For one thing, you can just drive down to Mexico with a car load of cash and
nobody would stop you. With a US passport, you can even open a bank account
there and do whatever. By the time anybody gets you, your money is already
thousands of miles away. Is it worth it for Uncl

【在 N********n 的大作中提到】

m*12010-03-31 07:03

7 楼

y
nothing to fear not practical

N*n2010-03-31 07:03

8 楼

Hey, Eric King just interviewed the silver scam whistle blower and posted
the audio on King Wolrd News website. A bit of long but worth listening
through.
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
Also great comment on last week's CFTC gold anti-trust public hearings.
http://www.zerohedge.com/article/former-goldman-commodities-research-analyst-confirms-lmba-otc-gold-market-paper-gold-ponzi

【在 I******a 的大作中提到】

: I doubt its effectiveness in capital control.
: 1. Foreign banks may or may not honor US requests to close an account.
: 2. This gives new incentive to the existence of underground banks or other
: forms of informal capital flow.
: For one thing, you can just drive down to Mexico with a car load of cash and
: nobody would stop you. With a US passport, you can even open a bank account
: there and do whatever. By the time anybody gets you, your money is already
: thousands of miles away. Is it worth it for Uncl

I*a2010-03-31 07:03

9 楼

Seems the second link spells Ponzi with a big P all over the place.
Like what I thought the other day, at least some people are using printed
paper to suppress gold's comeback relative to other commodities.
I can see the price is still under control this year, not sure about five
years from now. I mean, how much physical delivery can they still make?

【在 N********n 的大作中提到】

:
: Hey, Eric King just interviewed the silver scam whistle blower and posted
: the audio on King Wolrd News website. A bit of long but worth listening
: through.
: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
: Also great comment on last week's CFTC gold anti-trust public hearings.
: http://www.zerohedge.com/article/former-goldman-commodities-research-analyst-confirms-lmba-otc-gold-market-paper-gold-ponzi