Two hundred years ago, our ancestors chose to leave their ancestral homelands and renounce their citizenship’s to come to America for a better life and a chance at a freedom not allowed in most of Europe. This pursuit of economic freedom was the foundation for making the United States the most powerful empire in history, and made the ‘melting pot’ a phenomenon envied by other nations.
But like most empires, human frailties eventually lead to its demise as fraud, corruption, greed, and the need for power override the honest and righteous works of the common people who built the country. And when this happens, many find that like their forefathers before them, the liberties and opportunities they desire are found in other places and in other lands.
And America is now at that time when more and more people, and in record numbers, are renouncing their citizenship to move out of the U.S..
According to the latest US Treasury report, a record 4,279 individuals decided to give up their citizenship in 2015, up 864 from the previous full year record of 3,415, and up a stunning 560% from the peak hit during the Bush administration years. The latest Treasury report contains the names of the 1,058 former US citizens and permanent residents who gave up their passports in the period from September to December. – Zerohedge
Ironically, the very credo that led to our forefathers to rebel against England and create a new government in America is by in large one of the primary reasons why people are divesting their citizenship’s now to move somewhere else. Taxation without Representation is at the core of American politics today, and few people no longer are in darkness in how our system has been usurped by corporate interests, and how people are simply seen as consumers or commodities to feed the system.
2015 saw over 800 more Americans renounce their citizenship than the year before, and expectations are that this will only increase in 2016 as the economy collapses and politics becomes more tyrannical. And should the establishment succeed in usurping the will of the people this November by putting into office someone of their choosing rather than the people’s choice, all bets are off on what the final tally will be for expatriations come next January.
Kenneth Schortgen Jr is a writer for Secretsofthefed.com, Examiner.com, Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.