This post is based on a response to a comment at the Isaac Brock Society which included:
Hitching A Ride – Is A “Trojan Horse” Provision Legitimate?
In order for legislation to have “moral force”, it should at a minimum:
1. Be read by legislators prior to it becoming law; and
2. Not contain provisions that are unrelated to the main purpose of the legislation – i.e. NOT “hitch a ride”
“Hitching a ride”** is especially easy if the Congressmen don’t read the legislation. Nancy Pelosi commenting in relation to Obamacare, noted that it was important for Congress to pass the bill, so that the American people (and presumably Congress) could learn what was in it.
FATCA is unrelated to the purpose of the HIRE Act. It simply “hitched a ride” into the Hire Act. Who knows how many Congressmen read and understood the Hire Act prior to voting in favor of it? Provisions that “hitch a ride” into legislation are analagous to soldiers left inside a Trojan Horse*. Once the primary legislation takes effect, the “hitchhiker provisions” will be unleashed on an unsuspecting public.
FATCA has been referred to as the “neutron bomb” of international finance. It is the most dangerous act of American Imperialism ever. It will hasten the demise of the U.S. as a world power. Continue reading