Guest Post: And The ‘Dumbest Person Of The Week Award’ Goes To…

Tyler Durden's picture

Submitted by Simon Black from Sovereign Man

And The ‘Dumbest Person Of The Week Award’ Goes To…

Former US Republican presidential candidate Michelle Bachmann receives the Sovereign Man dumbest person of the week award for obtaining… then almost immediately renouncing… Swiss citizenship. I’ll explain:

Bachmann’s husband is a Swiss national; they’ve been married since 1978, and as a result, Bachmann eventually became qualified for Swiss citizenship as well.

She recently received confirmation of her citizenship from the Swiss authorities, a fact that was reported in some mainstream media outlets. Bachmann was subsequently criticized by her political opponents for engaging in such ‘un-American’ activities.

[This is a bizarre assertion, by the way, as the country was built on dual nationals...]

And so, just two days after the story broke, Bachmann renounced her Swiss citizenship yesterday, announcing that she is a “proud American citizen.”

This is, by far, one of the dumbest things that somebody could do. It’s possible to both be a proud citizen AND have a backup plan. Patriotism doesn’t mean blindly going all in.

Having a second passport provides a great deal of opportunities, from new banking and financial relationships to a having a fallback option for another place to live.

It’s like an insurance policy… something that you many never ‘need’, but you’ll be incredibly thankful you have in case you ever do.

And as citizenship is often conferred generationally, your progeny will also be able to enjoy the benefits. In this way, it’s like having an insurance policy for all of your future descendants. Not a bad deal.

A Swiss passport is definitely one of the best. You can travel almost anywhere visa-free. It’s a great place to have the option to live some day. The economy is actually functional. Oh, and there are no men in caves plotting to kill the Swiss.

Obtaining Swiss nationality, though, requires a great deal of time and patience; it takes well over a decade to qualify, apply, and receive citizenship, and slightly less time if you’re married to a Swiss national.

Only a handful of people are lucky enough to become naturalized Swiss citizens, and giving it up is like throwing away a winning lottery ticket…

Ironically, after her political tenure is over and Congress has managed to finally finish off the US economy, Bachmann may, having renounced Swiss citizenship, find herself one day trapped in the environment of financial repression, capital controls, and steep inflation that was created by the government she once served.

The rest of us don’t have to end up this way.

For millennia, governments on the slide have resorted to plundering their citizens in order to maintain the status quo and keep the party going a little while longer.

History is full of examples, from the Roman Empire (which resorted to direct confiscation of people’s agricultural stock) to the Greek government of today (which is now simply nationalizing people’s bank accounts in its sole discretion).

The folks who stick around waving the flag and bombastically proclaiming their patriotism just end up getting abused. Thinking, creative people have a plan B.

Today this means taking steps to diversify internationally, including obtaining a second passport.

Now, I put boots on the ground all over the world. Just in the last two months, for example, I’ve been to 14+ countries from Venezuela to Thailand to Canada to Peru.

In each of these places, I’m constantly looking for the best opportunities– lifestyle, investment, business, employment, banking, medical, personal, etc.

Residency and citizenship is high on my list… and what I can say is that it’s definitely getting harder by the day. Governments are starting to realize that a passport is one of the scarcest resources in the world, and as things continue to get a bit crazy, demand is growing.

Scarce supply, rising demand; we all know what this means. Bottom line, it’s getting harder:

- St. Kitts, generally considered a foolproof economic citizenship program, recently raised their already high price for obtaining nationality.

- In Uruguay, the standards are now very strict, and the government wants you to really prove your value to Uruguayan society. They’ve even hired a special team to go around the country to check on your physical residency.

- In Singapore, the flood of EmployeePass applications has made the government reconsider this residency program after having already discontinued the high net worth Financial Investor Scheme.

- For residency and citizenship in Paraguay, the government keeps modifying the procedures for application, and it’s taking much, much longer than it used to.

There are a lot more examples, but its true: obtaining foreign residency and getting naturalized is really getting harder.

Nobody else is going to tell you this. In fact, the plethora of idiots running around ‘selling’ passport services who have no earthly idea what they’re talking about is only spreading misinformation and making matters worse.

In reality, there are still some high quality options available, several of which I will review at the end of this month on our SMC members-only teleconference.

To give you an example, Brazil and Chile are both excellent, off the radar choices. But you really need to have the right support, someone who actually knows what s/he is doing.

The biggest lesson is– do not procrastinate. The sooner you get started, the sooner you’ll be grandfathered in under the old rules. The longer you wait, the higher the likelihood that an option won’t be available any longer.

Something to think about.

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CitizenPete's picture

 

Most intelligent Americans would give their left nut to hold a Swiss Passport.  Maybe she didn't have a left nut to give -- aparently she's completely nuts. 

http://www.youtube.com/watch?v=3zdNnhQVTJY

 

Meanwhile back at the ranch in China, Grandma was beating off the Indians.

http://www.youtube.com/watch?v=yiUrBwHGmZM&feature=related

 

Meanwhile at the FED... FED Data Updates

http://www.clevelandfed.org/research/data/updates/past_detail.cfm?m=5&y=2012

 

Ident 7777 economy's picture

I spent a mnute and a half reading this dribble (the article, not the 1st poster); what a waste!

 

 ‘Dumbest Person Of The Week Award’ Goes To ... me, for reading such a dribble article ...

Silver Bully's picture

Welcome to 99% of most Simon Black articles. However, reading comments in his articles is where the entertainment begins.

Shitters_Full's picture

"Oh, and there are no men in caves plotting to kill the Swiss."

Well, there are some guys in Canada who have a little something to say about the Swiss:

http://www.youtube.com/watch?v=i2XTuc6i1Uo

 

realtick's picture

That Cleveland Fed link is a good one - thanks for posting it.

General Decline's picture

Now, if the mayor of Chicago would only do the same...

battle axe's picture

Fuck Bachmann, she is a whore and an idiot....

Ident 7777 economy's picture

Takes one to ... you get the idea ...

Gully Foyle's picture

I strongly feel Bachman identified with the US side of the great Swiss Cheese debacle and therefor, in good conscience, accept Swiss citizenship.

http://abcnews.go.com/International/story?id=81455&page=1

Unhole-y Culmination of Swiss Cheese Debate

A change in U.S. policy that has been the subject of a "hole-y war" between factions in the United States and Switzerland goes into effect today.

The U.S. Department of Agriculture (USDA) is reducing the size of holes in domestically-produced Swiss cheese, cutting the time-honored standard size eye, or hole, by nearly half.

Some Swiss are taking the new standard as an affront to one of their most beloved exports — one which they export over 20,000 tons of a year.

Bobby Baril, a marketer with Switzerland Cheese Marketing, the Swiss government's promotional arm, called the move "crazy."

"You cannot make something where all the eyes are going to be a quarter of an inch," he said from the organization's office in Quebec City, Canada.

The Swiss daily Blick has also been questioning the decision since it was revealed about a month ago — within hours of newly-elected President Bush's swearing-in on Jan. 20.

Blick ran one interview with a "cheese guru," headlined "A Correct Emmentaler Simply Has Large Holes." Emmentaler is the Swiss name for the cheese.

Another article quoted local cheese dealers, who described the regulation as "totally unreasonable" and "insolence."

One cheese seller even suggested the Americans work on abolishing the death penalty rather than regulating cheese.

For the Convenience of Industry

American cheesemakers asked for the change because cheese with large holes often crumble in high-speed slicing machines, used for large commercial food service operations.

What used to be the minimum size of a hole, 11/16ths of an inch in diameter — about the size of a cherry — is now the maximum size of a hole.

And the new minimum size of a hole is 3/8ths of an inch in diameter — less than the size of a dime.

Cheese that fails to meet that standard — and that will include most traditionally-produced Emmentalers — may not merit a USDA "A" grade.

But the furor over the regulations may be much ado about nothing.

Even though the grades are used through most of the industry, they are voluntary, and Swiss cheese makers say they may not elect to have their cheeses graded.

"It's a win-win situation" said Dr. Warren Clark, CEO of the American Dairy Products Institute in Chicago, one of the organizations that lobbied for the change.

Consumers will be able to get cheeses with both large and small eyes, he said.

National Pride

Clark however, recognizes the Swiss don't see it the same way.

"The Europeans are very upset with this. They say their Swiss cheese tastes better than ours … well, we understand that they say that," he said.

Swiss authorities point out that genuine Emmentaler is made with unpasteurized milk, that is naturally processed and cured, and matures for at least 100 days. American Swiss needs only to be aged 60 days, and is often made with pasteurized milk.

Paul Schilt, Executive Vice President of Switzerland Cheese Marketing said, "Most of the domestic [American] Swiss cheese is factory produced while ours is still from small village dairies."

"Ours is more aromatic, a nuttier Swiss cheese," he said. "The domestic is a bland, very mild cheese."

But Schilt doesn't think that will matter much to the American palate. "I don't think they will notice," he said.

"It don't think it's a big deal, but then I might be wrong."

Count de Money's picture

Blessed are the cheesemakers...

ajax's picture

 

Hans-Rudolf Merz and Buendnerfleisch (dry-cured beef):

- hit the 'cc' button for English text translation

 

http://www.youtube.com/watch?v=Ps6e_toM26I

 

Swiss Humour: Appellation d'Origine Controlee (AOC)

Unbezahlbar's picture

gee, I spent several  minutes on the links from the first poster.....staring the colorful ....Cleveland fed numbers...of course.

ajax's picture

I am replying to Simon Black. You Are Wrong. A foreign woman who married a male Swiss citizen in 1978 was granted automatic Swiss citizenship just for the asking. It was a sexist law (with an eye to the issue of progeny) as a foreign male marrying a female Swiss citizen did not enjoy the same automatic citizenship (the foreign male was subject to a 5 year waiting period after applying for his CH passport). There was a vote and the law was changed/amended in 1992. As it stands now, both female and male applicants with a CH spouse share the same 'waiting' period.

http://www.swissinfo.ch/eng/politics/foreign_affairs/Bachmann_puts_spotl...

 

Do your homework Simon Black; your vacuous scribblings should at least offer accurate information.

 

 

 

vmromk's picture

The dumbest person of the millenium is the MOTHERFUCKER Bernanke.

It's gonna be a hoot to see him squirm with his lips trembling when the market no longer responds to his QE and the entire false facade of "recovery" blows up in his face.

 

See you at Riker's Island Bernanke......remember, don't drop the soap.

The Swedish Chef's picture

Why are they sending you to Rikers Island?

Gully Foyle's picture

vmromk

The dumbest group of the millenium is the OWS movement for NOT protesting Barry.

MeelionDollerBogus's picture

Except they ARE protesting him.

General Decline's picture

Dumb? I don't think so.  When the economy doesn't respond to QE, he'll just calmly board a plane to go rape and pilage another land.

DosZap's picture

The biggest lesson is– do not procrastinate. The sooner you get started, the sooner you’ll be grandfathered in under the old rules. The longer you wait, the higher the likelihood that an option won’t be available any longer.

Something to think about.

 

Brazil requires full time residency for four years, before you can even start to qualify.(if I read it correctly)

Some of these countries are shooting themselves RIGHT in the foot.

People who are seeking such change, usually are the cream of the crop, and are self sufficient, have more than enough funds to not be a burden to the adopted country, and NO criminal backgrounds.

Adding these people improves the country, and especially the economy,( needing locals for house help, and adding steady jobs) and living standards of the locals..............over a period of time, and if enough are vetted properly, can do nothing but HELP the country in question.

These are the perimenters I would look at rather than some SET timeline...............

People paying small fortunes for immediate citizenship IMHO are asking for trouble down the road.( esp for the TWO available.)

fajensen's picture

Dumb? How?

Bernanke is a highly-paid millíonaire with a gold-plated redundancy package. He even has gratis secretaries to administer recreational blow jobs and to browse these blogs and write contemplative missions, should the need arise.

What are we, in comparison? Losers, thats what!!

Widowmaker's picture

Benny B is a unick, just like all sackless faggots of finance trying to use their wallet to get pretty/retarded girls off.

MeelionDollerBogus's picture

"when the market no longer responds to his QE"

Market will cease to exist before that happens.

Bernanke's not going to Riker's Island. Not unless you can imprison EVERY police officer first AND guard AND President AND install your own government. FIRST.

CPL's picture

Tubby Black...why aren't you still in Jail?

Mountainview's picture

It doesn't matter... these days Switzerland reports every cent spent or saved by a double citizen  to the US gov.

DosZap's picture

IF I am not mistaken, she can re-apply, and get it back...............down the road.

Several countries allow this.

Plus, with her creds,and record,I seriously doubt she has any problems staying here(that the 99% here would have).

fajensen's picture

She just might have. If she renounce this free gift, and end up going the normal way, then it will be the local canton who grants citizenship. So, If the locals think she is an arsehole then she will just not get it, ever, whatever international shehennigans that may bring.

The EU is pretty pissed about this local democarcy, so you know it is the right way to do it!!

SmittyinLA's picture

I don't believe Mr Bachmann is a "double citizen" is he?

cossack55's picture

1. She gave up the wrong one

2. The dumbest of the week (month)(year) are all the dopes who vote/donated to the loudmouthed bitch.

Ident 7777 economy's picture

Politcally near-sighted contributer and enabler to Obama?

 

Thought so ...

GeorgeHayduke's picture

The poster above you (in many ways) sees Bachman as a dumbass and you turn that into them being an Obama supporter. Who is  near-sighted?

Gotta love the brainwashed, dumbass Righties and their linear, black or white vision of the universe.

Vlad Tepid's picture

Just for that, I'll respond to an earlier post you made and get a pet peeve offmy chest at the same time.  The word is "drivel," you fucking idiot.  Nonsensical jibberish is not called "dribble;" that's a basketball term.  The word is drivel, drivel, DRIVEL.  Now take your semi-educated, neo-con, Sean Hannity watching, Mitt Romney voting retarded ass out of my fight club.  And enjoy the gas prices that stem from thinking Obama and the Republicans are something other than two sides of the same tarnished coin.

FeralSerf's picture

What's on the other side of the coin?

prole's picture

Liberty.

Funny how we flip the coin over and over and over, but it never lands on "Liberty"

It often lands on "Face full of pepper spray" but never "Liberty"

MrJingles's picture

Its sad when politicians do things like this for appearances sake, especially when no one cares anyway.

the not so mighty maximiza's picture

shes a naughty little hooker that needs to be spanked

Turin Turambar's picture

She should've stood her ground rather than be pressured into giving up an asset in a hyper-partisan political environment.  I'd have told them to stick it up their Obama.

Peru was a fantastic place for business and opportunity until the recent election of their Chavez loving lefty President.  Sigh, after seeing amazing progress in the last 15 years, it's going to backslide now.  I just hope not too much.  (

prole's picture

Especially considering whoever threatened or "advised" her was probably a dual-national, officer in the armed services of an alien nation not the USA, or "citizen of unknown nationality who happens to also be your totus"

Temporalist's picture

Ahh the demagoguery of it all

Piranhanoia's picture

Don't think it has anything to do with her pork for hire business?   Her hubby can get deported, and now she thinks she is immune.  

blunderdog's picture

She wouldn't be so popular among a certain crowd if she weren't really stupid.  That's a major part of her appeal.