Why the isaacbrocksociety is in some ways worse than Fatca and FFI's

One of the most obscene aspects of Fatca is that FFI's (Foreign Financial Institutions) are forced to become tax enforcers for the IRS, at massive cost and no benefit to themselves or to their customers.  A small proportion of these FFI's are large international banks who actually derive significant profits from their operations in the US, often through US subsidiaries that they have acquired.  Many of these large FFI's end up being corrupted and taken over by the US subsidiaries that they have taken over, UBS's purchase of Warburg Dillon Read comes to mind.  But that is a different story.

However the majority of these FFI's are small, national or even community banks and other financial institutions that have no US subsidiaries and were only forced to accept Fatca due to the US Department of Treasury and Justice's threats of withholding 30% of any transaction flowing though any US bank.   We only have to look what US economic sanctions have done to countries like Cuba, Iran or North Korea to understand that this would be the death of a FFI to understand how they were coerced into cooperating with the IRS.  It was clearly non-wilfull.

Isaacbrocksociety, on the other hand, faces no such coercion when they act to censor or block comments concerning the IRS, the US, or Canada.

In the past I have tried to point out various aspects of a far bigger, call it "holistic", approach to looking at the CBT, FATCA, FBARS, the IRS and even income taxes.  This is where censorship by those parties controlling IBS becomes an issue.  I believe that it was partially my outside of the box comments at IBS that originally led to the great schism between Isaacbrocksociety and Maplesandbox.

Of course, many readers of IBS, especially those from the left side of the political spectrum, who also happen largely to be of the female sex, took issue, or were "offended" by my comments.  Some of them became very upset at me, and shortly after they split off to form maplesandbox where they could ban my comments.  At this point Petros was still largely in control of IBS and he refused to outright ban my comments.   Later on he seemed to have bowed out of the management and then a different group, I think largely female, took over management of isaacbrocksociety.

At this point I was forced to self-censor my comments in an attempt to get them posted.  However, as time went on the antagonism between myself and particularly Patricia Moon deteriorated to the point that "Tricia" decided to outright ban all my comments.  This is one of the reasons that this blog now exists (thanks Tricia).

So now we get back to the willful myopia of Isaacbrocksociety.  By censoring certain viewpoints, especially those opposed to the welfare state, or those that point out that perhaps people who like all the goodies that the welfare state provides them but don't like it when they are forced to pay for it like so many others, these same "brockers" block "offensive" comments.  In the end they warp and distort the comments section to conform to their viewpoint.  Usxcanada refers to it as "broccultists".

Overtime these distortions have led to a situation that people who make comments outside of the overton window, or disagreeable ("offensive") to the welfare statists who dominate IBS end up without additional comments that support or reinforce their viewpoints.

Squakin' about that unjust Fatca law

Ultimately this of course has led to the group think, or that "broccultism" that predominates at IBS.  And it is willful and completely avoidable.  And that is why IBS is in some ways worse than Fatca and FFI's.