Daily Archives: 08/05/2012

Finally Bloomberg News realizes the threat of Capital Controls

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by John Galt May 8, 2012 19:30 ET   Finally, some two years after Zero Hedge and these pages warned about the imposition of capital controls in the United States to prevent the flight of wealth out of our nation, Bloomberg News finally realizes that this de facto capital controls are already in effect. Bloomberg published the following story this afternoon about the dilemma FACTA created:   U.S. Millionaires Told Go Away as Tax Evasion Rule Looms   When I first published the following article…

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