[TheRealVille]

You really are a kool aid soaked curmudgeon after all. What the article said was that the world is about to bail out of using the dollar for the world currency of choice. The nations of power are sort of looking for a reason anyway, and this administration has just given them one that is gold plated. The peoples of the world are not about to divulge their most intimate financial details to the likes of the United States IRS. If the dollar drops from it's lofty perch as world currency, all the quantitative easing will hit us like a sledge hammer. When my dollar crashes, your dollar crashes.

FATCA isn't what your link says it is. Of course, it's from some off the wall, right wing nut job site(Can you say John Birch Society?), and another site trying to get you to invest money with them. I know you right-wingers are all for corporations being able to hide money in foreign accounts, because you are for big business. Me though, are for corporations paying their fair share, and not hiding taxable money overseas. It's what makes the difference in the 1% supporters, and the 99% supporters.