Thread: Glenn Beck Said What I've Been Saying For Some Time

azwreath you might do a lot of study on it and even consult with a reputable accountant. You can open the account on your own but make sure you understand how the money is tracked and your liabilities, if any. (e.g. income tax on interest.)

Here's one link for information about corporations:

http://www.wsr-corporation.com/en/bankaccount.html

http://www.wsr-corporation.com/en/info/seychelles.html

http://www.askmen.com/fashion/how_to_25 ... ow_to.html

There are a lot more. It is legal but you have to know how it works.

Is it illegal's losing there jobs or Americans or both? How do the government know exactly how many illegal's are going to lose their jobs if really they don't exist? How are they tracking them?

Originally Posted by Gogo

azwreath you might do a lot of study on it and even consult with a reputable accountant. You can open the account on your own but make sure you understand how the money is tracked and your liabilities, if any. (e.g. income tax on interest.)

Here's one link for information about corporations:

http://www.wsr-corporation.com/en/bankaccount.html

http://www.wsr-corporation.com/en/info/seychelles.html

http://www.askmen.com/fashion/how_to_25 ... ow_to.html

There are a lot more. It is legal but you have to know how it works.

Thanks so much GoGo!!!

I suppose this will sound silly and maybe even harsh. But, with the economy doing so poorly and no doubt heading for worse, I had told my husband this might be just the break that we.....and others who, like ourselves, ended up in unexpected dire financial straits......need to pull ourselves out of it.

It was just a matter of how to accomplish that. Now I've got a good starting point!!!

Thanks again for everyone's help!!

Originally Posted by Populist

I didn't see Beck's show so I don't know exactly what he said, but maybe he was talking about investing internationally. I'm ok with storing money in our FDIC insured banks, although it doesn't earn much sitting in savings accounts, CDs etc. My fear is rising inflation which I think will get much worse over the next decades.

He means Non-Dollar denominated investments. You could not have your money in a worse place(gains wise) right now in any Saving Account. the Returns you get adjusted for inflation and the dollars depreciation is negative.