July 1

The Slow-Motion ‘Train Wreck’ Gets Underway: ‘FATCA, China and the World’

It’s finally here: D-Day – or maybe F-Day – when the anticipated FATCA train wreck starts for real. Rather than sum up all the implications at home and abroad as the FATCA Death Star becomes fully operational, RepealFATCA.com directs readers to an excellent commentary by Beirut-based journalist Paul Cochrane in International Link magazine, published in Hong Kong: “FATCA, China and the World.” The full text is provided below, and the original can be found here. See also here. ...


- Letter to Treasury Secretary Lew from Congressman Bill Posey

- Letter to Treasury Secretary Geithner from Senators Rand Paul, Jim DeMint, Mike Lee, and Saxby Chambliss