I'm Confused Again
RBC closed U.S.-dollar accounts for dual citizens
Royal Bank of Canada has closed the U.S.-dollar chequing accounts of hundreds of dual-citizen Canadians and refuses to open new ones — a move it asserts was necessary to comply with U.S. rules on antiterrorism and money laundering.
The decision, which has prompted charges of discrimination and racial profiling, has affected “a couple of hundred” Canadian citizens with dual nationalities of Iran, Iraq, Cuba, Sudan, North Korea or Myanmar since April, RBC spokesman David Moorcroft said yesterday.
Okay. My number one bitch. You are either a Canadian citizen, or you are not. Simple. If there is any exception to be made, it should be only for Canadian and American citizens. After all, let's face it folks....Canada and the USA are the only true remaining places of freedom and democracy left in the world. Please do not insult my intelligence, or yours, by saying that Europe, Britian, Japan,etc. are free. You are not free when you bend over backwards to appease a bunch of 13th century tribal thugs whose only goal is world domination.
Funny how the fisrt things mentioned in the above article where "discrimination" and "racial profiling". Excuse me? How is the RBC's complying with the law "discriminatory" or "racial profiling"? Note also, they did not mention Lebanon, where "Canadian" citizens of convience where brought back here after Israel rightfully bombed them, and then they immediately returned after "hostilities" ceased. Wonder where their bank accounts are.
And I am just a little confused. Cuba? American dollars? Correct me if I am wrong, but hasn't the U.S. had sanctions on Cuba since 1958, and if so, why would their dollar be worth anything there? And wouldn't Uncle Fidel throw you in jail if you where caught using "Gringo Bucks"? Outside of the tourist traps?
Funny thing. I have been to Bermuda 17 times. It is a British colony (and tax haven). Every time, the local merchants in Georgetown, or Nassau, readily accepted my Canuck bucks. They even jumped for joy if I had Yankee dollars. Try using the Bermudan currency. The Perfume Factory, a local business establishment that sells out-of-this-world natural perfumes, sniffed at my local dollars, but took my Loonie(okay...massive amounts of) quite readily. What I am trying to say here is ,what is the problem with the U.S. trying to keep a control on their money? Shouldn't every country do that?
I have a U.S. dollar account. It pays me way more than any Canadian financial institute does in interest. I claim it each year on my taxes. It gets an automatic deposit from my paycheck every two weeks. My bank knows this, and so does the government. And I have had zero problems. The only time Revenue Canada came after me regarding this account was for a refund because I had over-paid taxes on the interest! Why? Maybe because I don't hide it, or try to say that it is money being sent to my family in that imporvished country.
Of course some will ask, well,why do you need or have a U.S. account? Simple. Myself and my better half are retiring there, so why not have a U.S. account. Would you try moving to Germany without already having some Deutschmarks in your pocket? Ooppps, sorry Euro-dollars?
But to get back to the main point, maybe this guy says it best...“Most of this is just propaganda,” Reza Zarin said.“Most probably if the people are in business and they really need to have accounts with U.S. [dollars], I'm sure there are all kinds of sources out there they can use.”
Of course there are other, legal options. All the U.S. is trying do to is shut down funding of terrorist groups, and if this is what it takes, fine. But as an aside, until the U.S. decides to nuke Saudi Arabia and turn it into a glass parking lot, then all the stopping, pulling of accounts, refusing to set them up, etc. will have zero effect. Because our terrorist friends are not stupid. And Switzerland or the Barbados are just a phone call away.
And this just in. Who said Saddam served no purpose?
Per Ardua Ad Astra
Sorry had to post it twice....hehehehe H/T Jimmyb
Royal Bank of Canada has closed the U.S.-dollar chequing accounts of hundreds of dual-citizen Canadians and refuses to open new ones — a move it asserts was necessary to comply with U.S. rules on antiterrorism and money laundering.
The decision, which has prompted charges of discrimination and racial profiling, has affected “a couple of hundred” Canadian citizens with dual nationalities of Iran, Iraq, Cuba, Sudan, North Korea or Myanmar since April, RBC spokesman David Moorcroft said yesterday.
Okay. My number one bitch. You are either a Canadian citizen, or you are not. Simple. If there is any exception to be made, it should be only for Canadian and American citizens. After all, let's face it folks....Canada and the USA are the only true remaining places of freedom and democracy left in the world. Please do not insult my intelligence, or yours, by saying that Europe, Britian, Japan,etc. are free. You are not free when you bend over backwards to appease a bunch of 13th century tribal thugs whose only goal is world domination.
Funny how the fisrt things mentioned in the above article where "discrimination" and "racial profiling". Excuse me? How is the RBC's complying with the law "discriminatory" or "racial profiling"? Note also, they did not mention Lebanon, where "Canadian" citizens of convience where brought back here after Israel rightfully bombed them, and then they immediately returned after "hostilities" ceased. Wonder where their bank accounts are.
And I am just a little confused. Cuba? American dollars? Correct me if I am wrong, but hasn't the U.S. had sanctions on Cuba since 1958, and if so, why would their dollar be worth anything there? And wouldn't Uncle Fidel throw you in jail if you where caught using "Gringo Bucks"? Outside of the tourist traps?
Funny thing. I have been to Bermuda 17 times. It is a British colony (and tax haven). Every time, the local merchants in Georgetown, or Nassau, readily accepted my Canuck bucks. They even jumped for joy if I had Yankee dollars. Try using the Bermudan currency. The Perfume Factory, a local business establishment that sells out-of-this-world natural perfumes, sniffed at my local dollars, but took my Loonie(okay...massive amounts of) quite readily. What I am trying to say here is ,what is the problem with the U.S. trying to keep a control on their money? Shouldn't every country do that?
I have a U.S. dollar account. It pays me way more than any Canadian financial institute does in interest. I claim it each year on my taxes. It gets an automatic deposit from my paycheck every two weeks. My bank knows this, and so does the government. And I have had zero problems. The only time Revenue Canada came after me regarding this account was for a refund because I had over-paid taxes on the interest! Why? Maybe because I don't hide it, or try to say that it is money being sent to my family in that imporvished country.
Of course some will ask, well,why do you need or have a U.S. account? Simple. Myself and my better half are retiring there, so why not have a U.S. account. Would you try moving to Germany without already having some Deutschmarks in your pocket? Ooppps, sorry Euro-dollars?
But to get back to the main point, maybe this guy says it best...“Most of this is just propaganda,” Reza Zarin said.“Most probably if the people are in business and they really need to have accounts with U.S. [dollars], I'm sure there are all kinds of sources out there they can use.”
Of course there are other, legal options. All the U.S. is trying do to is shut down funding of terrorist groups, and if this is what it takes, fine. But as an aside, until the U.S. decides to nuke Saudi Arabia and turn it into a glass parking lot, then all the stopping, pulling of accounts, refusing to set them up, etc. will have zero effect. Because our terrorist friends are not stupid. And Switzerland or the Barbados are just a phone call away.
And this just in. Who said Saddam served no purpose?
Per Ardua Ad Astra
Sorry had to post it twice....hehehehe H/T Jimmyb
posted by Justthinkin at 2:33 AM
LOL! You must like that picture of Saddam's cat; you posted it twice! :) I had it posted on last Fridays "Fractured Friday Post." It's hilarious! :)
You said: "Please do not insult my intelligence, or yours, by saying that Europe, Britian, Japan,etc. are free." They do indeed insult our intelligence, Justthinkin', but they cannot possibly insult their own as obviously the fools who put this sort of thing into practice haven't got any! This is so utterly stupid, but do not be confused. It's easy to figure out: it's "Political Correctness" once again, and it's absolutely killing both of our countries. The last bastions of freedom, America and Canada, are under attack on more fronts than one. I've come to the conclusion that liberalism and terrorism are equally threatening. One will attempt to take away our freedom with bombs, the other with socialism.
It's getting uglier by the minute!
Oops! Just now saw your comment that you posted the picture twice! I was right; you "do" love it! :)
I heard about this on Rutherford today, and was laughing. It's only five muslim countries, and there the ones screaming racism ... must be a little upset they can't buy them arms for Osama ... LOL
Where the heck are you? Don't you go missing on us again! ;)