On 21 Jul 2001, at 13:12, Craig Spencer wrote:
> There are all sorts of ways (what the government is fond of calling
> enforcement "tools") that ANYONE in the US can be targeted, jailed,
> bankrupted, have all their property stolen and generally have their
> life made a living hell without ANY legal process, let alone "guilt"
> of anything (just or not) being proven.
I dopn't know to what extent this is all true?
We certainly don't have these sort of thing in Canada (I hope).
> Parker and Gold-Age are a
> case in point if you need a specfic example.
Indeed this is a sad story. But Parker was operating in the US and
had its assets in the USA.
> It is only a matter of
> coming to the attention of some bureaucrat who decides to make the
> effort to persecute you. There is no effective recourse (except to
> have high level political connections).
But what can they do if the corporation is operating outside the
country and has no asset in the country... EVen if one officer lives
in the US or some shareholdder are there... What can they
do...ask them questions for a few hours ?
I still thing that an issuer with a non-USA corporate identity and is
not operating in the USA that it should have no problem.
But when I think of it, I am not sure that the USA government is as
bad as you suggest.
Claude
http://www.goldcurrencies.ca
http://www.ormetal.com
==================================
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
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