U$ Dollar 2Collapse ’cause U.S. House of Representative Bill “H.R. 2847” read more……

What do you think? http://pro.stansberryresearch.com/1310PSIEANEW/PPSIQ156/

On July 1, 2014 the U.S. Dollar Will Officially Collapse; because, on this date, U.S. House of Representative Bill “H.R. 2847” goes into full  effect, making it essentially impossible for Americans to protect their savings.  

Since no one is talking about this right now, we will assume, you, the reader, does know now..

Let me be redundant here… We know that this collapse will coincide with a new Federal law that goes into effect this year; So, how prepared are you? You now have only 6 months left to figure out about your money, what are you doing?  –  

You See…people who do have lots of money and  know how to spend their money are busy calling the shots in our government…..read on!

Who Really Calls the Shots in Our Government?

Published Fri, Apr 19th, 2013   Chief Political Analyst
Congress has proven once again that it’s a special interest world – the rest of us are just living in it.

Yesterday, the Senate voted against tighter restrictions on guns and gun owners, effectively ending the push that began in the wake of the Newtown, CT school shooting. But the real story here isn’t the vote – it’s the NRA. You see, the NRA spends millions of dollars lobbying and giving contributions to members of the U.S. Senate. The Senate vote on gun control just proves how effective the NRA’s strategy really is. And I want to talk about this strategy because it provides an excellent view into how Capitol Hill really works. Folks are always telling me they don’t understand why this or that happened on Capitol Hill. Well, it’s time to shed some light on it. Now, as a matter of disclosure, I want to let you know that I’m a life member of the NRA. I agree with the NRA’s position against restricting the ownership of firearms by law-abiding citizens. But that’s not what I’m here to talk about. I want to talk about processThe White House is in Shock Right now, the U.S. Senate is controlled by the Democrats. Yet since the Democrats “defected” to the NRA, the Senate just totally jammed their exalted leader. Barack Obama’s scheme to add additional rules, restrictions, regulations and limitations to gun ownership lost big. In a progression of votes on amendments, the truth became clear: No one, Democrats included, wants to mess with the Second Amendment. Even Sen. Harry Reid, Obama’s supposed point man in the Senate, didn’t seem like he wanted to deliver. Thus the central proposal to expand background checks was voted down 54-46. Remember – in the Senate, such bills don’t just need a majority. They require 60 votes to get past a virtually guaranteed filibuster. The White House had even set in motion an intensive, coast-to-coast lobbying campaign that featured gut-wrenching pleas from families of the Newtown school shooting victims. But it didn’t help. And Obama administration officials were visibly angry after his agenda got shellacked. The anger level was so high that even Obama spoke out. “All in all, this was a pretty shameful day for Washington,” he said of the vote, adding that the effort “is not over.” But in reality, it’s likely all over. The Power of the NRA In a democracy, a president always gets his chance. But one third of the Senate and the entire House have to face the voters in 18 months, and these members know that the NRA can sway elections. No amount of tears from the Newtown families is likely to trump electoral politics in Washington. So how does the NRA have such massive influence on national politics? They’ve only got about five million members, compared to a country of over 300 million. First, it’s important to note that the NRA political machine is truly bipartisan. The NRA will support anyone – liberal, conservative, whatever – as long as that congressman is good on one thing: guns. It’s this laser focus that gives the NRA such strength. Secondly, everyone in Washington understands that elections are won at the margin. And the NRA specializes in being the margin of victory. It specializes in securing the votes that put a candidate over the top, and not just in the general election. The NRA also plays in primaries. And members of Congress hate primaries. Because of a dirty secret called gerrymandering – the bizarre construction of political regions intended to benefit the political elite – most congressional districts are heavily dominated by just one party. This means that most incumbents will win… as long as they don’t lose in their party’s primary. And if you’re down on guns, the NRA will actively recruit a candidate to take you out in the primary election. For this reason, congressmen fear primary challenges. Keep Your Friends Close… The NRA is wonderful to its friends and brutal to its enemies. It’s the domestic policy equivalent of Teddy Roosevelt’s edict to speak softly and carry a big stick. Everyone knows the NRA carries a big stick. But if you’re on its side, campaign funds flow, and the NRA will take special care to help you when you need it. So if you’ve ever wondered why an incumbent president can’t push his agenda through a U.S. Senate that’s controlled by his own party, now you know. In three years Barack Obama will be history, but the NRA will still haunt you if you cross them. Once again, a special interest carries the day on Capitol Hill. Your Eyes on the Hill, Floyd Brown

Floyd Brown boasts a lifetime of political involvement, ranging from political appointee in the Reagan campaigns and consultant to the Bush, Dole and Forbes presidential campaigns – to his current role as the President of the Western Center for Journalism, a nonprofit dedicated to informing and equipping Americans who love freedom. Learn More >

86 comments for “U$ Dollar 2Collapse ’cause U.S. House of Representative Bill “H.R. 2847” read more……

  1. dinnahw
    October 16, 2014 at 6:50 pm

    What you think of this; Is the dooming $ collapsing here?

    ViWiDA-USA is empowering Women and Youth Worldwide with Education and Life Transformation programs resulting in Industrialist Generation; thus, Empowering Communities Economically @viwidausa.org

  2. August 20, 2014 at 12:52 am

    The Shadow knows , LOL. I wish I had never gotten here either. This is just another place for crazy conspiracy theorists to vent.

  3. Chris
    July 27, 2014 at 1:05 pm

    Yes I agree term limits would put our country on the right track, that’s why it will never happen. Congress holds all the power. I sit back and read the posts of uneducated American’s whining how Obama is destroying our country. Goes to show these people know nothing about the Constitution except how to utter the word. Congress makes law, President signs the law Congress passes. Want to change America ??? Get your a_ _ out and vote. Quit voting in morons based on what snake oil they are selling and choose your Rep. by the voting record they subscribe to. Simple huh.

  4. chris
    July 27, 2014 at 12:57 pm

    well here it is July 27 2014 . I just checked and my dollar still was accepted for a purchase LOL

  5. July 6, 2014 at 12:36 pm

    What amazes me about a lot of these blogs is that its all political and in defense of the republican party. I know that there are turncoats in our congress that would sell this country down the road for personal gain and even other countries interest. Thats why they won’t even get on the subject of term limits. Its definitely special interest money fueling the idiots that go from state to state setting up special interest campaigns and incumbent re-elections.
    Let me tell you I’m an independent and I believe that this is probably the best idea for our country. But the latest dilemma will be because of a house bill created by republicans. It will hinder the president and blame him for the hardships it will cost.
    And now its republican propaganda flaming the fire and pointing the finger.
    W set the American economy on a permanent downhill trip to disaster by racking up trillions in unfunded debt that benefited special interest and nobody else.
    Before you point the finger demand term limits and a new style of vote for the house of representatives that comes by computer from every tax paying American that tells our congressional idiots which side is up!
    Our W-2 should have a voting section for the benefit of the American people that gives an up or down vote on immigration, marriage, term limits, taxes, trade laws, buying and selling stock, everything!
    The worthless party system doesn’t work!

  6. Les Hudson
    July 5, 2014 at 3:11 am

    We have no real idea of the date of the collapse, but it is coming. It will end up being a one world currency. It’s all the plan and it will happen. Not only that, we are headed for the collapse of the economy on a world wide scale, and it will be the worst depression in history. There is nothing we can do. There is no safe place to put your money, because the government controls everything monetarilly, and once the one world currency is introduced, there will be no alternatives. The one world coin is already made, it is set to be put into place in 2018.

  7. Michael M
    June 14, 2014 at 8:41 pm

    They (govnt) is hiding the bill until it becomes law, it is not intended for the general public to understand let alone find. It (2847) is so buried making it too frustrating for concerned citizens to find. The govnt has become “by the government, for the government” You can bet the govnt officials will protected from the fallout of the Bill, soon law. They (govnt officials) have probably already converted their Dollars into Gold/Silver. We are under attack from European/Eastern countries, which no longer accept the Dollar!! The intention is to totally destroy our Economy, making us completely vulnerable to FINANCIAL take-over.
    Are you scared yet?


  8. June 13, 2014 at 12:02 am

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  9. dinnahw
    June 10, 2014 at 1:43 pm

    And then there is BITCOIN..The World’s Renegade Currency. We shouldn’t need to worry about the
    collapsing of our dollar it will never collapsed! http://www.wallstreetdaily.com/2014/06/10/bitcoin-online-payments/?utm_campaign=20140610WSD&utm_medium=email&utm_source=WSD

  10. Patricia P.
    May 27, 2014 at 6:23 pm

    As for that H.R. 2847.put your money in a China bank. they refuse to give information to America about anyone who invests money in their banks. the wealth distribution will never work the rich are not going to invest in jobs and education for the people. and the government will continue to tax the working and poor people to the limit and therefore there can be no wealth distribution. cut pay across the board and stop putting the workers on the bottom of the scale out of work. this cost the taxpayers more money. everyone gets pay cuts not fired. with all of its problems America is still the best country in the world. ask anyone living outside of the United States.

  11. Looming Cadre
    May 27, 2014 at 1:36 am

    A good American is a person who walks down Main Street waving the American flag with a__ hanging out of his mouth. Take away their guns and stick a ___in their mouths. Agenda Hussein Obama for the Third Millenium.

  12. carl walther
    May 19, 2014 at 12:40 am

    If the American people lose any of their savings to our corrupt government and undocumented illegal president, my predictions are there will be many if not all washington politicans deaths, American Citizens have had enough with this corrupt administration and corrupt congress and other government agency corruption, and they won’t stand for it.

  13. d
    May 18, 2014 at 1:30 am

    The senate is holding our government hostage and not too many Americans are aware of this http://www.msnbc.com/melissa-harris-perry/watch/backlog-of-nominees-underlines-dc-dysfunction-258572867958

  14. d
    May 10, 2014 at 7:56 pm


    Published on Jan 20, 2013

    Bill O’Reilly struck a rather apocalyptic tone in his Talking Points Memo tonight, warning viewers of the danger facing the economy and the country if it continues down the same path already half-forged by President Obama. O’Reilly predicted that no matter how many people try to sound the alarm about where the nation is headed, most people are just too content with their lives to listen or care. O’Reilly opened with a very simple question: are the people to blame for the current state of the government? He cited nations of citizens falling in lockstep behind men like Adolf Hitler and Fidel Castro. O’Reilly clarified that the United States is not approaching a totalitarian state, but dealing with a “very serious economic situation.”

    O’Reilly cited a report from the Government Accountability Office concluding that “absent policy changes—-the federal government continues to face an unsustainable fiscal path.” He said if there is not a serious attempt to curb spending or entitlements, “the U.S. dollar will collapse,” which, as O’Reilly delicately phrased it, will lead to people’s savings and investments “blow[ing] up before our eyes.”

    O’Reilly doubted that anyone in the liberal media would want to talk about the GAO report, because Obama does not want to cut spending or reform entitlements, and so the doting media will ignore the damaging report. O’Reilly compared it to people standing on a beach and refusing to leave after they’ve been warned of an impending tidal wave.

    Of course, it is a government of the people, and O’Reilly argued that people not caring enough about the government are allowing the government to get out of control. O’Reilly ended by saying he is simply trying to tell the truth, but not enough people care to listen.


    News & Politics

    Standard YouTube License

  15. David Stanford
    May 1, 2014 at 1:29 am

    The constant wailing about the power of the NRA overlooks the rest of the monster ‘lobbies’. The last time I looked, the AMA, the doctor’s union, ‘donated'(bribed is more accurate) $500,000,000.00 to the rulers. Half to the GOP(greedy old pilferers) and half to the DEMs(dumb elitist maggots). The rest of the medical swine have filled the next dozen highest I think. Instead of training more doctors(the ONLY trade that can’t be increased to fight the price gouging they enjoy because of their ‘lobbying’), and dozens of other policy changes to lower medical prices, the panderer-in-chief ‘fixes’ the system by forcing people to buy health insurance. Really great statesmanship. Some years ago I went to Canada, paid $30 at a PRIVATE clinic, saw a real MD about 10 minutes later, who wrote me a scrip for codeine, but said the DEA was pressuring them not to do that! Somehow, the DEA, who can’t find the real heroin importers, yet prosecuted James ‘Bo’ Gritz when he and his lieutenants were telling everybody in DC who was importing $9,000,000,000.00 worth a year from ‘Khun Sa’ of the Karen tribe in Northern Burma. He beat the charges but his friends pled out and are now lifelong federal felons for talking against the importers. When I showed the scrip to the border guard he got livid. They ignore the USC 19 section that allows importation of some preparations. One anecdote I heard was that a guy was carrying two bottles of the OTC codeine into the US and they seized the unopened bottle and left him the opened bottle. Either it was legal(which is the case) and they stole a bottle from him, or it is illegal, and they should have seized both(which is NOT the case). In Washington state no law requires a prescription to purchase codeine cough syrup but the monopolistic pharmacists have agreed privately to require one. Use the ADA to sue when some bonehead(like the moron woman I argued with who owned a piss test company) prevents you from being hired because of a positive UA. ADA lawsuits have stopped a lot of asinine behavior and can stop lots more. Google ‘Bush and Heroin’ to see the 1000 hits relevant to the letter Gritz sent to the first president Bush(the smart and evil one-not the hypocritical bonehead he sired).

  16. ECO101
    April 27, 2014 at 4:21 am

    Essentially, all of these type of articles on the internet, bashing the HR 2847 law and on just about anything economically that relates to the US dollar and economy, are motivated by broker/dealers (usually in gold and sterling). The HR 2847 law, stalled for years now, is designed to go after tax dodgers hiding their cash funds in foreign banks. Per the law, the IRS only requires the foreign country bank/brokerage/(and where business concerns w/over 10 % interest) to report (ie 1099’s) for US citizens whom have over 50k in their banks. Weak arguments are then made extrapolating this law and other economic issues into a US economic armageddon. Creating fear=business for these folks. I don’t know about you, but I can’t save money in our own good old US, let alone in a foreign country.

    The purpose of the reserve currency is to maintain stability in all countries/currencies – to avoid a repeat of the ’97 Asian financial crisis.
    This country certainly has its problems, but simply by default the dollar will remain as the world’s reserve. The Euro is made up of sixteen countries – half of which are in grave economic crisis with respect to debt and unemployment-far worse than this country. This is why the Britts decided to opt out of the invitation into the euro-zone. Talking about the Britts, the pound is certainly strong, but its a tiny country and there would be no way for their currency to be spread out as a reserve over the world. If there was ever a run for or against their currency it would be catastrophic b/c they could not meet up with the supply/demand and their pound would rise and drop like a yo-yo. The Japanese yen is burderned by a country that has a greater debt than any country in the world ( that’s right even Zimbabwe!) in terms of relative gross domestic product(GDP). China’s renminbi? Please. I can’t even spell/pronounce their currency let alone trust their government. I am the youngest of three siblings and would not even be writing this if I were in China -given their archaic 2 children per family law. How about the Russian ruble? Well, given the entire socialist countries economic policies collapsed -probably not a good idea for them to be running things. It would be more like Russian roulette. Lets face it, the green back is not greener on the other side.


  17. dinnahw
    April 17, 2014 at 2:42 am

    Check out the research video to get more info of the July 1, 2014 US Dollar to Collapse http://pro.stansberryresearch.com/1310PSIEANEW/PPSIQ156/

  18. April 17, 2014 at 2:01 am


  19. Tom
    April 16, 2014 at 10:33 am

    On April 24th, 2014, China will unveil a secret new financial weapon, built to bankrupt millions of Americans

    A decade in the works, this unique weapon will disrupt nearly every aspect of normal American life, with potentially devastating results. Learn what you absolutely must do now to prepare and protect your family…

    Today I turn 54 years young in my life time I have watched or government spend more and more like its free well I guess
    when you have the printing press you can run it wide open, and I wont go off on a rant of the funds wasted here and
    abroad. I,ve sit back and watched all politics and politicians, promise us the moon if we just vote them into office and I can
    say 99% are lairs and cons, I didn’t fall for the Y2K computer system crash or the world end on this date because some
    ancient mayan calendar said it would…. I sit back in see school shooting murders and I feel for the families who fell
    victim and lost a child in this tragedy. I have seen and known of the quote lobbyist who pad or elected officials pockets
    to further their agendas what ever they might be……… my comment has nothing to do with the NRA. Our Second Amendment
    covers my non felon right to own my weapons………….. if things get as bad as I am starting to believe… I pray for us to stand
    strong as one to fight side by side to right the wrongs that are coming our way VERY Soon !!!!!!
    while the wealthy scramble to exchange their dollars for different currencies and reserves ie: gold, silver, platinum.
    I can remember the past 30 years of presidents who took us to where they said they would and things got better for
    our way life. but since the 1990,s its been a long slow slide down hill and the past 16 years its picked up so much speed
    there’s NO way to slow it down MUCH less stop it. I,m not scared or afraid, all I know is when the store shelf’s are empty
    and banks are closed, credit cards no longer work and of course the gas station is out of fuel and closed and we find
    out we got stuck with the ( Hey Look Over There ) so we didn’t see what was coming, what will you do when you look
    at your hungry family and do to feed them, Marshal Law is my biggest concern and trust me I live out in the country
    I can hunt and feed mine and protect my home from intruders……
    I Hope and Pray I’m WRONG but I have been smelling this cooking to long and knew the day would catch-up.
    Hey Russia was a Super Power Country but we all know what happened to them and their are other world
    countries whos economy collapsed. I have read up on this new bill and admit I have no true understanding
    of all the ramifications it will cause but I do truly believe that the…….. carp is about to hit the fan and devastate
    life as we know it and have been living it for SOOOO many years……………

    “U$ Dollar 2Collapse ’cause U.S. House of Representative Bill “H.R. 2847”

  20. WakeUp
    April 15, 2014 at 5:41 pm

    It is amazing that people still believe the president runs this country. The president is a figure head and nothing more. The Republicans have already told you they will vote against anything the president puts forth. Didn’t that show you who has the power?
    The Powers That Be control what goes in this country and can crash the currency if they see fit and when they see fit.

  21. minormi
    April 15, 2014 at 12:33 pm

    The US Fiscal Year starts 1 October not 1 July.

  22. Ron
    April 15, 2014 at 3:30 am

    How will the Government force other Countries banks to report US depositors? Why should they comply? Will the US send troops to enforce the reporting? Am I missing something? Won’t they just say “NO”

  23. April 15, 2014 at 2:49 am

    There is an old Indian saying: He who defecates in his own bed will soon suffocate in it. Good luck everyone.

  24. April 14, 2014 at 5:36 pm

    i read almost all of these comments and still don’t understand anything !! LOL

  25. April 14, 2014 at 3:26 am

    I glanced at the bill on the government website and as usual, they write thousands of words redundantly to confuse the average person. It seems that this law was already passed in 2010 and it will have some major affects on our money and the wealthy. If I understood what I read, the government is trying to recoup money from overseas accounts. What it will do for common folks like you and me won’t be much help either. The above article about the NRA and how lobbyists influence congress doesn’t explain the law at all. If the government was going to go after overseas bank accounts, I guess it is because they are now in so much more debt since mr. “o” has gotten into office and has been using our treasury like his own personal piggy bank. Notice the bill passed in 2010 after he was in office. More of that re-distribution of wealth you say. Probably but not for the American people.

  26. carolyn
    April 13, 2014 at 1:20 am

    I agree HR 2847…need some letters, I cant read the bill at the united states printing office, it says its about service dogs.

  27. Merchant
    April 13, 2014 at 12:38 am

    America is the only country in the World, where the people don’t know that the people are the true government. The no good Congress and Senate representatives are there to enrich themselves from the treasury. The Presidents, Governors and Mayors have term limits ,
    why does not the Congress and Senate have term limits? That’s because the people are too stupid and lazy to vote for what they need
    not want. Take back the power from the elected official and as a country we will get things done and done quickly.

  28. Merchant
    April 13, 2014 at 12:20 am

    Americans don’t have any savings, so what’s there to protect? Those who have wealth, their wealth is protect by the law. No need to say anymore!!!!!

  29. John Lamphere
    April 12, 2014 at 2:11 pm

    Here is my 2 cents. Democrats = bad, Republiacans = bad, When President Obama was running for office his claim about President Bush being unpatriotic by bringing our debt from 4 trillion to 9 trillion was spot on. When he went into office he must have drank the same koolaid because he brought our debt from 9 trillion to 17 trillion. Sooner or later this has to stop or the dollar has to crash, If we lived off of our credit cards sooner our later we would crash. I don’t trust or believe our politicians understand what they are doing. Does anyone think they can fix the problem, I think we know the solution. stop spending money. Does anyone think they will, I don’t think they will. So where does that get us and when. At some point our dollar will be worth nothing, but we will suffer along the way. Just read about other countries that have been through it. I am not saying it will be the end of the world but I believe it will very painful for a very long time. I am very confused and scared about this and I wonder what my children will go through to survive. If anyone has any advise please send it to me. Thank you for your time.

  30. RobE
    April 11, 2014 at 10:50 pm

    This from Wikipedia:

    “Crank” is a pejorative term used for a person who holds an unshakable belief that most of his or her contemporaries consider to be false.[1] A crank belief is so wildly at variance with those commonly held as to be ludicrous. Cranks characteristically dismiss all evidence or arguments which contradict their own unconventional beliefs, making rational debate a futile task, and rendering them impervious to facts, evidence, and rational inference.

    Common synonyms for “crank” include crackpot and kook. A crank differs from a fanatic in that the subject of the fanatic’s obsession is either not necessarily widely regarded as wrong or not necessarily a “fringe” belief. Similarly, the word quack is reserved for someone who promotes a medical remedy or practice that is widely considered to be ineffective; this term however does not imply any deep belief in the idea or product they are attempting to sell. Crank may also refer to an ill-tempered individual or one who is in a bad mood, but that usage is not the subject of this article.

    Although a crank’s beliefs seem ridiculous to experts in the field, cranks are sometimes very successful in convincing non-experts of their views. A famous example is the Indiana Pi Bill where a state legislature nearly wrote into law a crank result in geometry.

    —Hey Sparky: If the Aluminum hat fits ….wear it.

  31. Ranger1118
    April 11, 2014 at 10:45 pm

    Just another nut-job off his medication.

  32. David Sohn
    April 11, 2014 at 2:38 am

    The bill in question will allow the federal government to know exactly what anyone that has any money in any foreign bank to be taxed at 30 percent. The 30 percent will essentially make some people even the very wealthy have less money. simple take from the rich and give to the non workers and illegals. less money in the wealthiest account holders means less money all around so the dollar is devalued. because less money for the corporations the more they will charge for basic goods. The more basic goods cost the less money you have. and july 1 is the start of the fiscal year for the federal government so even though the bill was signed back in 2010 it does not take affect till july 1st this year.

  33. Rae Johnson
    April 10, 2014 at 9:12 am

    The title of this ‘blog’ post came from a company trying to make money…you know, like when your reading one post after another and all of a sudden a post comes in about cheap shoes and where to buy them. Robo Ad…

    Well this Opening Post comes from Stansberry & Associates Investment Research LLC (S&A) who use ‘Scare ‘ themes to get gramps to think he need to put his money some were safe, So gramps calls, is convinced to his soon to be worth dollars into buying Gold. The company has been sited in the past for violation of FTC regulations and state laws

    Now the first person to come along and post after this ‘get your money’ post takes the angle that the post did mention the ‘Congress’ …. And that takes everything in a whole new direction… which has nothing to do with the H.R.

  34. Janice
    April 9, 2014 at 7:53 pm

    Found link w/info regarding the July 1, 2014 date for implementation of regulations on Americans with holdings in foreign banks.


  35. Janice
    April 9, 2014 at 3:28 am

    What I got from reading HR 2847 is this:

    I found no reference to a July 1,  2014 “start” date for anything.
    However…July  1st is always the start of the federal fiscal year!
    If anything the “collapse” happened/started in 2012?

    Title V appears to CLOSE ALL FOREIGN FINANCIAL LOOP HOLES for  American citizens, corporations, institutions to stash money in foreign banks, institutions and investment vehicles.  This legislation seems to cover every possible foreign instrument used to protect assets from IRS taxation.   It says NOTHING about American banks in America or  American account holders at American banks.  We can assume the IRS already has access to all this info. anyway.   (Banks are required to report ANY transaction “out of the ordinary”…no specified amount.  ANYTHING that is NOT your “usual” transaction pattern is to be reported.)

    The internet articles about  “collapse & loss of dollar value”  seem to refer to the federally mandated 10-30% IRS tax withholdings (by the foreign banks) on American held foreign assets in excess of $50k .  Additional  penalties for failure to report/comply are added.   The WEALTHY appear to be the only ones at risk of a loss/collapse of some of their financial assets…via US taxes.    The truly wealthy have already been advised & taken action.   I don’t know how  any of this affects WORKING folks or why July 1, 2014 is repeatedly mentioned…internet articles appear to be from a similar source/link…hyping investment opportunities to “protect assets”

    How the fed will determine  if foreign banks/wealthy lie  about assets is beyond me!  How the US will MAKE foreign banks comply is a stumper too.  This could be that global financial meltdown on the horizon…

  36. Thomas Burkhouse
    April 7, 2014 at 12:01 pm

    So you do not like guns … well we as law abiding citizens have the right to bear arms and if that right is taken away then we will not be able to remain a FREE society which I guess is what you people would like. Remember the gun does not kill the person behind the gun does and by having more restrictions then only the bad people will have the guns, remember that!

  37. Shadow
    April 3, 2014 at 7:32 am

    How the heck did I get here? I am now dumber for having read this article.

  38. Franz
    April 1, 2014 at 4:28 pm

    The government website https://www.govtrack.us/congress/bills/111/hr2847/text referencing this bill talks about a 30% withholding on payments to foreign bank accounts held by U.S. citizens…

    Title V—Offset provisions

    Subtitle A—Foreign account tax compliance

    Part I—Increased disclosure of beneficial owners

    Sec. 501. Reporting on certain foreign accounts.

  39. April 1, 2014 at 4:11 pm


  40. dinnahw
    April 1, 2014 at 2:21 pm

    I agree Joanne….

  41. Joanne Turner
    April 1, 2014 at 12:39 pm

    This official government, U.S. House of Representatives website (http://thomas.loc.gov/cgi-bin/thomas) lists ALL the bills numbered “2847” in ALL sessions, past and present; and NOT ONE of them has ANYTHING to do with anything purported in this scam. This scamster is bearing false witness to further his personal economic interests.

  42. dinnahw
    March 30, 2014 at 8:47 pm

    Ref. to Stansberry Research video..to hear more about “On July 1, 2014 the U.S. Dollar Will Officially Collapse; because, on this date, U.S. House of Representative Bill “H.R. 2847” goes into full effect, making it essentially impossible for Americans to protect their savings.” go here http://pro.stansberryresearch.com/1310PSIEANEW/PPSIQ156/ and watch the video okay;… thanks for your comments

  43. JW
    March 30, 2014 at 11:51 am

    @Dinnahw, what the hell does the NRA keeping morons in congress from trying to restrict my guns have to do with anything? I have read H.R. 2847 and there isnt anything in that bill that goes into effect on July 1, 2014. Seriously, what the hell are you trying to pull?

    You people should be thrown in jail for trying to cause harm to the US economy.

  44. Telos jarvis
    March 30, 2014 at 5:27 am

    Obama is not leaving. He is your new and everlasting Dictator to whom all Americans will be forced to submit to.

  45. dinnahw
    March 24, 2014 at 3:59 pm

    That might have been a propaganda to make you buy GOLD/SILVER stocks, or it might be something to research on and really keep an eye on your money; especially since we have been experiencing very low rate return on our savings from all of our banking systems..you can also research this timeline of banking events that have occurred since last fall: It is from Liberty Gold and Silver
    1 – October 3, 2013: US banks fearing default stock up on cash. The Financial Times reported today that two of the country’s biggest banks are putting into place a “play book” as preparation for a possible banking panic. A senior banking executive reported that his bank has delivered 20 – 30% more cash than usual in cash panicked customers try to withdraw cash in mass.
    2 – October 12, 2013: Food stamp card malfunction causes riots at Walmart stores in Louisiana. The technical problem that eliminated spending limits on food stamp debit cards sets off a bizarre shopping frenzy at Walmart stores in Louisiana.
    3 – November 2 – 8, 2013: A reputed computer glitch wipes out ATMs and online banking on a massive scale. Major shutdowns of online banking occurred in Alabama, Arizona, and California and affected such banks as Wells Fargo, Chase, Bank of America, Compass, Chase Fairwinds Credit Union, American Express, and others. Tellers reportedly had a hard time with even simple transactions such as check cashing and checking balances. Rumors circulated on the internet that the banks are using this temporary shutdown as a beta test for a future full bank “holiday” closure.
    4 – November 17, 2013: JP Morgan Chase halts international wire transfers from the US for many small businesses. Also, Chase alerted its small business customers that the total cash activity (the combined total of cash deposits and withdrawals made at Chase branches and ATMs, including money orders and cashier’s checks) is hereby limited to a total of $50,000 per business customer per billing cycle.
    5 – January 16, 2014: Reports from Hong Kong indicate another HSBC scandal: an $80B capitalization shortfall. Forensic Asia, a Hong Kong based research firm, issued a “sell recommendation” on HSBC because of “questionable assets” on its balance sheet. The London Telegraph reported Forensic Asia’s warning that HSBC “had between $63.6B and $92.3B of ‘questionable assets’ on its balance sheet, ranging from loan loss reserves and accrued interest to deferred taxes.”
    6 – January 24, 2014: HSBC imposes restrictions on cash withdrawals in Britain. Reports circulated that British HSBC customers have been suddenly refused cash withdrawals as low as 3,000 pounds. HSBC admitted that it did not inform its customers of the abrupt policy change. HSBC officers putatively suggested that it is “only for the protection of its customers.”
    7 China’s Banking Problems are Escalating Fast. Beijing based ICBC, the world’s largest bank by assets, announced it will not take full responsibility for a trust investment equivalent to US $500 million that may go bust. ICBC, one of China’s “Big Four” banks, may be linked to a loan default very similar to the type that precipitated the Lehman Brothers crisis in 2007.
    In fact, this may be only the tip of the iceberg that has an outside chance of bringing down the entire Chinese banking world. This ICBC “trust investment” is actually one of a vast array of loans that comprises China’s secret shadow banking system. It is estimated that China’s total shadow banking debt is now in excess of $4.7 trillion – a staggering figure for any market, let alone an unregulated one. It is believed that much of this secret lending system is fraught with high interest, high risk loans that contain a strong possibility of default. Any major failure in this market can only have catastrophic outcomes, for not only markets in China, but for all types of markets worldwide. 8 – January 28, 2014: One of Russia’s top two hundred lenders, “My Bank,” introduces a one week complete ban on cash withdrawals. The reputed reason is customers wishing to exit the declining ruble in exchange for other currencies. 9 – February 17, 2014: Chase imposes imposes new capital controls on cash deposits. Chase alerted customers that they must now present a valid ID when making any cash deposit and that the bank will now only accept cash deposits in the customer’s own account. As of February 1, 2014, Chase customers are asked for ID for cash deposits for their account while cash deposits for another customer’s account will be completely banned after March 3, 2014. Some analysts speculated that such measures are a sign that banks are getting ready for economic turmoil and possible bank runs. 10 – February 20, 2014: Royal Bank of Scotland group announces lay-offs of 30,000 employees in coming months. The Financial Times reported that Britain’s largest state owned lender will shrink its work force by 30,000 and also pull out of “dozens of the 38 countries” in which it does business. As initially reported in Bloomberg (but later revised for online posting), this dramatic pull-back by RBS (which is 80% government owned), was strongly encouraged by British Prime Minister David Cameron, who undoubtedly has become concerned by the bank’s overextension in non-British markets. (A special thanks to David Lenihan of Wavesync Research LLC, for the tip on this story) Our question, dear reader, is why any sane person would wish to risk their hard earned money in any of today’s banking institutions, especially when they are paying ridiculously low returns substantially below the real rate of inflation. From our perspective, another Lehman Brothers, Iceland banking collapse, or Cyprus depositor bail-in confiscation is in the making. Do you really want to entrust your hard earned savings to these completely irresponsible institutions? If you don’t, please consider precious metals investment as an excellent alternative.
    To learn more about the rewards of precious metals investing, including how to fund your existing IRA with gold or silver, call Liberty Gold and Silverseven days a week at 888.751.3330. To learn about the most generous referral program in the precious metals industry, please visit the Liberty Gold and Silver Referral Program. We’re happy to spend as much time as you need to discuss the details with you.
    © Copyright 2014 Liberty Gold and Silver, All rights Reserved.

  46. vickie nsgle
    March 22, 2014 at 11:56 pm

    Can you further explain this to a layman?

  47. Rober2265
    March 21, 2014 at 3:07 am

    Stansberry and many others in his league use fear and distortion to ply their fraudulent schemes. You have to love videos that warn, “Watch this video before FEMA shuts it down” or “This video has been banned by FEMA (Or some other government demon.) Conditions are terrible – little doubt about that. These fear mongers rile the spirit of the unwary without once offering a viable ‘cure’. When the hour comes, these vixens need to be served, well done, on silver and gold platters to those they have beguiled.

  48. scott
    March 20, 2014 at 2:24 am

    On July 1, 2014 the U.S. Dollar Will Officially Collapse; because, on this date, U.S. House of Representative Bill “H.R. 2847” goes into full effect, making it essentially impossible for Americans to protect their savings.
    What savings?

  49. ME
    March 11, 2014 at 3:46 pm

    The law actually being referred to here is the 2010 (enacted) Bill H.R. 2847 known as the Hire Act (112 pages) which was already passed. Within the bill are the hidden provisions referring to FATCA (The Foreign Account Tax Compliance Act. You can get a a complete PDF copyh of the bill from the Government Printing Office by googling “U.S. House of Representatives Bill “H.R. 2847” FATCA bill text government printing office” in the search field. On page 1 of Google’s results, select [PDF] H.R. 2847 to download the bill. Open the bill, and go to page 60. I believe this is the information you are looking for. It has nothing to due with the later “Wounded Warriors” legislation for the 2013-2014 session.

    Whatever the outcome on Jul. 1, it only stands to reason that we will experience some sort of inflation in the coming years that will devalue the currency just based on the overprinting of currency. It’s basic economics. I feel sorry for Obama’s successor, Democrat or Republican, who will have to deal with this mess.

  50. March 10, 2014 at 8:28 pm

    I think this is bullshit!

  51. butch
    March 7, 2014 at 9:37 pm

    whether you know what the bill is really saying, you best heed this warning. I don’t know what is “hidden” in it either with many other foreign countries side stepping the U S dollar and making monetary agreements between them selves, it is inevitable that our dollar will collapse starting around July 1st.

  52. Whut
    March 6, 2014 at 4:07 pm

    Someone tell me where in this bill does it say anything about taking our money?

  53. March 5, 2014 at 7:34 am

    Voting doesn’t work for us and the dollar won’t collapse this year. It’s not yet time for it too. The Federal Reserve controls our economy for the most part and isn’t done destroying it. Keep your eyes open folks, revolt is coming.

  54. Kelli
    March 3, 2014 at 10:18 pm

    To the author of this article: Do some research you FOOL! and thanks a lot for making the left look stupider than they already are. Bah ha ha. What a joke! I would write something sophisticated but I doubt you would comprehend.

  55. Thomas
    March 1, 2014 at 4:52 pm

    It would seem to me after about two thousand years of human suffering under all
    governments and religions, we would be ready for a thousand years of peace and
    But i would expect a collapes of current system with much pain and suffering first.
    Then about a thousand years of peace and prosperity for humanity. ( This could only come about with transformational change from inside out, of each human envolved in this period of Bliss.
    You do not have to wait for the pain and suffering, you can start the journey at any time in your life.
    Life is your journey no one can take it our control it only you.

  56. February 27, 2014 at 5:40 am

    I read the article but it didn’t address the issue, except say that Congress is controlled by special interests. As far I can read this article is just a bunch of rambling without making a point.

  57. Elaine
    February 23, 2014 at 5:34 pm
  58. mark
    February 22, 2014 at 10:44 pm

    trust in god

  59. YouThePeople
    February 21, 2014 at 5:43 am

    BUT! If you dig a little – seek and ye shall find – there is the OTHER Bill HR-2847:


    This Bill is a lot of bark and a lot to be up in arms about, lest it bite!

  60. February 21, 2014 at 1:45 am

    I read the bill. There is a section requiring foreign banks to report all of their US depositors that have over $50,000 combined. But the date seems to be Dec. 31, 2012. There is a paragraph under it saying that it won’t affect accounts until 2 years later, but that would be Dec. 2014. Not sure where the July 1 is coming from. Maybe they did an amendment that I didn’t see. That being said, other countries are definitely getting frustrated with us. When Obama took office he dropped everyone that knew anything about foreign etiquette. You know, how to behave when you greet the leader of Japan for example. Stuff like that. He didn’t want anyone telling him what to do. That’s one of the reasons many Americans languished in foreign jails for months and months and he never did anything, until the voices became so many and so loud, he had to. That’s why he bowed to the Queen of England he didn’t have anyone to tell him that it was not appropriate. Are you surpised that other countries feel mistreated, ignored, etc? You shouldn’t be, because they have been. Are you surprised that other countries are trying to go around us and use other currencies instead of the dollar? Well duh. Why would you want to use the currency of some country that has disrespected you? But… America is certainly a consumer powerhouse. I can’t imagine that foreign banks woulds say, “Oh gee. I don’t want your million dollars because I have to report your name.” I think it’s someone somewhere starting this that doesn’t want his name reported. Plus it sounds scary and sells reports.

  61. YouThePeople
    February 20, 2014 at 10:21 pm

    Visit the government website on HR-2847:


    The Bill is all bark… the author of this article is up in arms.

  62. John
    February 19, 2014 at 2:06 am

    “Repeal the bill and fire the speaker and the rest of the thieves in the house”? Why limit ourselves. Let’s fire the whole lot of them beginning with the biggest thieves at the top of the power pyramid. They ALL need to go. This is what happens when less then 50% of the eligible voters actually vote, and many of those that do have no idea what and for whom they are voting. Educate ourselves without the hyperbole of television and opinion disguised as news.

  63. February 15, 2014 at 1:49 am

    I believe the fall of the dollar will precede HR2847,although I believe the Senate has to agree to it through Joint Resolutions.

    People will soon find the value of Gold and Silver will equal how hungry, how much you need shelter, medicine’s, etc. The farmland is the best option, but even then you will have to use, protect and defend it.

    It is now time to provide for the common defense, at the individual community level, to defend against roving mobs looking for food, water, or houses,

    Disease, famine, exposure to the elements, contamination from no waste disposal available, and un-thinkable acts will destroy life for most.

    The military may disintergrate into opposing factions, and the governments will be ineffective, or not at all. Most protection will be for the powerful, and well off. The people throughout the world will have to practice vigilante law.

    Since Messiah was born in the Roman year 17, because it would have to have been on a year that the Romans took a census, which occurred every 20 years, the year 3 years before Roman calendar (a census year), it doesn’t take to much to realize it may be the the year 17 (also, a census year).

    If you then realize the Jerusalem will have a Jubilee Year in 2017, and Dead Sea Scrolls will see its 70th anniversary -or- that Israel will celebrate its 70th anniversary in 2018, and the Egyption/Israel peace treaty will be 40 years old in 2018, you have got to realize that we have already entered into the end time.

  64. February 14, 2014 at 10:11 pm

    I am soooo happy to see that there are many other people out there who are totally exasperated with trying to find out what it is that’s going to start this July 1st that will bring down the US monetary system like the British did to the former world currency, the Pound Sterling in 1967, which led to Britain going into a depression; public workers going on strike, garbage in the streets, 3-day work weeks, etc. Remember Britain of the late 60’s and 1970’s?
    I finally was able to find out that it is the US government wanting all foreign banks to ‘report’ on any American with more than $50K USD that is what is supposed to happen this July 1st.
    Foreign banks are tired of Americans leading the world monetary system when the US government keeps making mistake after mistake, year after year.
    Any economist worth his salt will tell you that never in the history of the world has there been any government that could continue to borrow money, plus spend more that they take in, without eventually having to devalue their currency to the point where it can hold its own.
    Starting this July 1st, if the US federal government continues going down this same road, first we shall see, quite quickly, foreign governments stopping the use of the USD for their foreign trading.
    I have been told (haven’t seen for myself) that there are already foreign trade being done in other than USD with the following countries: China, Japan, South Korea, Australia, Chile, Germany, South Africa, India and Germany.
    It wouldn’t take much for the world to stop using the USD completely, within just a few months.
    If this happens, Americans in general, are going to have to deal with their incomes being either frozen or reduced, items made overseas becoming more expensive as the USD loses its value on foreign markets; even raw materials such as oil, natural gas, copper, gold, silver, etc, that are purchased from outside the country will cost more, tending to increase the cost of production of US goods, thereby making them less salesworthy… and on and on.
    If one in seven Americans currently are unemployed or getting food stamps, etc. what will those numbers become within the next year?
    Crime will become rampant overall, not just in the cities.
    My advice, now, as it was in better times, is to pay off as much of your debt as you can as soon as you can. Don’t go into more debt unless you absolutely must!
    Downsize your house and car immediately, to something that is economical to heat/cool and run.
    Be prepared to have more of your family living together, longer.
    Get rid of expensive television viewing habits and high-priced phone plans.
    We’ve been living the good life lately on borrowed time.
    Good luck.

  65. Sam
    February 14, 2014 at 1:09 pm

    so fare no body has addressed what the bill actually is and what it does and why it will do it…sounds like a normal political run around BS and Stansberry..your just a long winded waist of time. John you hit the nail on the head…on Feb 10,2014 “Now put up or shut up. What evidence do you offer supporting your claim that … “U$ Dollar 2Collapse” ?” you all ramble on but never address the topic.

  66. February 14, 2014 at 1:23 am

    If you took one minute to read the name of the bill, that is what you see…scroll down and down….until you get to the “tax” on foreign assets of Americans. Many wise Americans have invested overseas as they see the purposeful destruction of the dollar, fueled by out of control spending, borrowing, and printing money to pay debts. The world sees it if if you don’t! This tax will speed up the already well underway dumping of the dollar by other countries. What better way to get the needed votes than tack it onto a bill with the headline provision of helping get dogs for wounded warriors, and other minor job creations for an economy reeling from the 2008 collapse. This tax will cause one third of the world’s banks to stop accepting U.S. dollars…and I don’t blame them one bit. Once we are no longer the World’s Reserve Currency, we no longer have authority to print money without immediately resetting the value of the dollar, which takes away the reason they are doing it now! The guy above is just showing you how politicians are bought and paid for…and leaving it to you to read between the lines, research the bill, and wade through the legalize and backtrack the amendments…Because they won’t make it easy on you because they want you to relax and wait until you have nothing left. Stocks, bonds, it doesn’t matter…dollars will soon be worth half of what they were in early 2008. If you have any doubt they will raise the debt ceiling, you don’t get it! They have no choice! It is all part of their plan, which is doomed to fail.

  67. February 14, 2014 at 12:44 am

    Holy Smokes! You are the only one here with the brains to figure out what will happen and why! Don’t worry about spelling and apologize to these lemmings. U.S. greed is going after the funds wise Americans have moved overseas because they truly realize the deliberate destruction of the dollar by the government. Because our country is so desperate for money due to our uncontrollable debt, we are imposing upon foreign banks an expensive and time consuming mandate to track American investments overseas for the purpose of deducting a high rate of “tax”. Already one third of these banks say that they will dump the dollar immediately rather than spend their money complying with our demends. Add this to the countries already fed up with our idiot politicians trying in vain to print their way out of debt that have already moved to drop the dollar as World Reserve Currency…which will stop the printing of money and start rapid inflation, and the collapse of our propped up by printing money stock market, leading to the loss of the life savings and investments of most americans. This is simple economics….no country has ever gotten wealthy by spending themselves deeply into debt and printing money to pay their debts. In 2008, 9 trillion dollars were in circulation. Today it is over 16 trillion…and going up by 85 billion a month. The U.S. borrows 200 million an hour! Since 2008 the dollar has lost 10% of it’s value! Soon it is reckoning time! Don’t say that you weren’t warned.

  68. Richard
    February 12, 2014 at 9:18 pm

    What does H.R. 2847 say………..please

  69. jmd
    February 12, 2014 at 5:49 pm

    repeal the bill and fire the speaker and the rest of the theives in the house

  70. dinnahw
    February 12, 2014 at 5:47 pm

    I agree with you…..! but this whole thing starts up the conversation and I might say it is a good thing we are interacting, as well as informing people of what is bull, monger, hype and real!! Thank you Will

  71. Will
    February 12, 2014 at 5:37 pm

    Purely nothing more than Fear Mongering BS. 2 Bills documented within .gov sites do nothing to lead to the rhetoric spewed within and by Stansberry and neither go into LAW 7-1-2014 as sited. A similar ploy used by many sites to scare people into subscriptions. Hell yea if one falls for all the fear mongering hype and submit to the subscriptions request, yes they will find financial collapse. Truly there is indeed a great cause for concern with gov spending and an unsustainable deficit and the true state f the union. But these faceless spewing of lies do more harm than good.

  72. judith hodgson
    February 12, 2014 at 4:53 pm

    H.R.2847 — Wounded Warrior Service Dog Act of 2013 (Introduced in House – IH)

  73. dinnahw
    February 12, 2014 at 3:28 pm

    I think Mr Domian is making valid points and thus I’ve repeated the link he had posted above
    Meanwhile, let me invite you to visit our facebook site at https://www.facebook.com/VIWIDA and check out some culture exposed, get free e-books right here and Donate! it’s tax deductible as you know….

  74. February 12, 2014 at 7:57 am

    Never, ever, ever waste your time on a Stansberry video.They drag on and on and on and never get to the point. Total BS.

  75. KatrWaul
    February 12, 2014 at 12:14 am

    H.R.2847 — Wounded Warrior Service Dog Act of 2013 (Introduced in House – IH).. Unless I got the wrong thing, I don’t think this will crash the economy. I could be wrong, maybe a shortage of dogs?

  76. February 12, 2014 at 12:09 am

    sorry about the spelling, I am trying to type with one hand due to a work injury,

  77. February 12, 2014 at 12:07 am

    You can google the bill and it is well documented. It says that fogien banks who do not report US accounts over 50k are subject to a 30% penalty. Overseas banks are refusing to do business with US citizens, making overseas business impossible. Forgien investments are also at risk and the collapse of the stock market is imminent with a forgien dumping of securies and stocks. The Japanese and European banking systems have already said that they will not play ball as the costs of this monitoring and reporting is too high and are selling of US dollars. This creats a weak dollar and MORE money is lost. Educate yourself about this and then educate others. The shit really IS going to hit the fan because of this silly attempt to fund obama care by chasing tax evaders http://americansabroad.org/issues/fatca/fatca-bad-america-why-it-should-be-repealed/

  78. Shadow Warrior
    February 11, 2014 at 4:47 pm

    Uh this bill says something about dogs..and veterans???

  79. ladyliza
    February 11, 2014 at 4:34 pm

    This is just BS. I read most of the bill, but much of it went into effect in 2010. You have no evidence to suppost your claim. But if Stansberry published it, it must be garbage.

  80. John
    February 10, 2014 at 12:51 am

    In a long winded way the 1.5 hour video bsically says the collapse of the US dollar is inevitable, and coming soon.
    And you can protect yourself by buying gold, silver, and farmland as well as selling options in the stock market.
    Unfortenately the video never mentions anything about “H.R. 2847” and July 1st, 2014. Bob is right. You have written a lot but said nothing!!!

    Now put up or shut up. What evidence do you offer supporting your claim that … “U$ Dollar 2Collapse” ?

  81. omg
    February 9, 2014 at 11:18 pm

    The sky is falling! More guns won’t fix it!

  82. vfields
    February 8, 2014 at 11:34 pm

    what do suggest we do to save what we have worked for.

  83. February 7, 2014 at 10:38 pm

    So what does all that JABBER prove the dollar will collapse?

  84. dinnahw
    February 7, 2014 at 4:41 pm

    Oooh am I glad someone is visiting this site. Thank you for your comment first and for most and That jabber is to highlight those who have control of their money have the power to lobby and make sure their point is heard and passed. Eg: The NRA spends millions of dollars lobbying and giving contributions to members of the U.S. Senate. The Senate vote on gun control just proves how effective the NRA’s strategy really is. Also, to grab your attention to read the article.. the collapsing dollar did it!…but to hear more about “On July 1, 2014 the U.S. Dollar Will Officially Collapse; because, on this date, U.S. House of Representative Bill “H.R. 2847” goes into full effect, making it essentially impossible for Americans to protect their savings.” go here http://pro.stansberryresearch.com/1310PSIEANEW/PPSIQ156/ and watch the video okay; again, thanks for commenting.

  85. Bob
    February 6, 2014 at 7:59 pm

    You say…
    “On July 1, 2014 the U.S. Dollar Will Officially Collapse; because, on this date, U.S. House of Representative Bill “H.R. 2847” goes into full effect, making it essentially impossible for Americans to protect their savings.” What does this bill say???????????? You give no details but jabber on about the NRA. Is there a connection??? Well what is it??? You have written a lot but said nothing!!!

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