http://globalnews.ca/news/1519628/want-to-shed-u-s-citizenship-get-in-line/

PUBLIC NOTICE

...so why am I the only one noticing?

Interesting that the Treasury is required to file a report on those who renounce citizenship..

is the debt extinguished upon successful renunciation?

No... you have to pay the bill they give you, first.

and those are the fees they're asking for?

No, that's ON TOP of the fee. They will bill you for ALL ASSETS first, AS IF YOU HAD SOLD THEM.

As if you had Owned them anyway.

Assets as in property registered to the name?

Understatement of great magnitude I know but WHAT A FUCKED UP CUNTRY !

if a significant # of people renounce their citizenship and the assets are sold...the underlying assets backing the debt decrease...the value of the debt must go down...isn't that deflationary?..the FEDs worst nightmare.

I don't think you grasp the scale of the debt.

for sure I don't...can't wrap my head around it

There won't be deflation until about $300,000 is squeezed out of every American. In 2009, that number was $35,000

for how much longer can they keep that type of debt expansion going?

For as long as other nations buy the debt! http://youtu.be/EPdHq9CdqtI?t=1h14m4s

When you create a note for a credit facility be it a loan, mortgage or credit card you are making a promise to pay (promissory note) in the future backed by yourself. Nothing else, therein lays the FRAUD .

Vicky... watch Money as Debt 3! Your questions reveal that you don't grasp money yet! :P

^^^ Seeing as I have a fucked up memory , shit stain above to be removed Scott Duncan?

http://youtu.be/_dwL9lqVBxY?list=PLBC9892E126590682

When a "debtor" makes a claim against one, how about serving notice saying " Bring the original debt instrument which I allegedly completed to my home so that I may settle the alleged obligation and destroy the debt instrument in your presence or fuck off?. Stupid suggestion ?

Yes...very stupid.

"There won't be deflation until about $300,000 is squeezed out of every American. In 2009, that number was $35,000" That's crazy shit, almost science fiction shit... :D

Scott Duncan because it's been sold on or just plain stupid ?

Debt in 2009 was 10 TRILLION. There are LESS THAN 1 trillion STARS IN OUR GALAXY. ...let that sink in. The numbers just get more retarded. The thing about playing "musical chairs" is that there is no loser, as long as the music is playing. THAT is current monetary policy these days, in a nutshell.

^^^ FFS, I need to share that :-) Is that U.S debt in case I misquote you Scott Duncan ?

Yes. US only...and that was 2009.

Watch IOUSA. This is the GAO saying this.

What?

Made me LOL, "Someone wanting to renounce U.S. citizenship must go to an embassy or consulate outside the United States, meet with a consular officer and swear that they �absolutely and entirely renounce [their] United States nationality together with all rights and privileges and all duties and allegiance and fidelity thereunto pertaining.�

There is no FREE LUNCH, Murica

I watched IOUSA. The part about the country borrowing money by selling bonds/securities helped my understanding of money... Without people a country is just a geographical location. With people it's a geographical location that can produce value so Governments had to monetise people in order to have something that represented value to sell... The security known as the person and the value contributed to it... Thus explaining why it's bad to contribute value to the person as it provides fuel for a corrupt government.... If it's hard you're doing it wrong... ;)

The person is a slave, and it needs to be treated as such.... :-P

This is why crypto currencies are such a serious threat and the continuing police state is becoming more apparent...

Crypto currencies is a treat to SLAVERY.....

^Edit

how can i renounce something that to the best of my knowledge I never accepted in the first place?

How can you renounce something that does not truly exist?

You accepted it by your actions. An implied contract... That's what they'll argue I presume... (Just thinking out loud) ... they railroad you anyway. Damage a security or two. :D

And Pete would say: "The person is a slave, and it needs to be treated as such.... :P "

Why would they care if YOU renounced citizenship? The PERSON is still theirs and they will still benefit from it. JUST STOP USING IT, period.