President Trump has signed three more executive orders, further cracking down on the rights of immigrants and asylum seekers. One order seeks to compile a list of so-called sanctuary cities that refuse to cooperate with Trump’s mass deportation policies.
A second order further militarizes local police departments, while providing legal resources to officers accused of abuses; it also seeks to undo federal consent decrees for departments that have committed civil rights abuses and seeks to punish local officials who “unlawfully prohibit law enforcement officers from carrying out duties.”
A third executive order requires professional truck drivers to be proficient in English. On Monday, staffers placed signs on the White House lawn showing mugshots of immigrants, linking them to crimes with the word ”ARRESTED” written in all caps.
This comes as House Republicans have proposed a bill that would charge people arriving at a U.S. port of entry $1,000 in order to file an asylum claim — and a $3,500 fee for those sponsoring children. The right to seek asylum is a fundamental human right enshrined in international law, and the U.S. has never before charged petitioners.
I dumped all my us stocks as soon as Trump was getting warmed up, I won’t be going back for some years irrespective of perceived returns potential
I getting rid of my bonds and stocks, aside from a token $1,000. I will leave that in, since I hope hyperinflation to make that paltry amount reach the account’s cap within five years. No idea if that hyperinflated excess would actually be useful, but…well, who knows what is a good choice, if you can’t buy physical properties right now?
The rest of my savings are being transmuted into Euros. I have no idea how to get gold at a fair price, and I am aligned with democracy, so I figure money affiliated with Europe would be a good choice for me. Partially in case if I need to flee the Trump Regime, but also because Europe has an protective ocean and many different countries to prevent an outright crash when economies start breaking. I will almost certainly lose buying power, but probably won’t get wiped out by America’s self-disassembly.
Any advice on getting your money converted to Euros? I’ve been trying to figure that out, but online searches for information are complete garbage now.
Honestly, that is bit of a pickle in the US. I am an amateur, so use plentiful salt.
First off, most banks don’t hold foreign currency, and if they do, it is for people with big bucks. IIRC, I think you need at least $30,000+ for Citi, but most banks seem to be $200,000+ before they will talk with you. However, you can trade in your American dollars for physical foreign currency. Not very flexible, but Trump might have DOGE pillage the US bank accounts of “dissidents”, so…shrug. I would treat Euros like gold or an refugee fund. It isn’t an investment vehicle.
1: Go to the bank, and ask for a foreign currency. You are basically selling your dollars for XYZ. They will have you sign forms, and order the physical money. 2: Wait about a week, and you will be called to pick up your foreign bucks. 3: Keep in mind, the bank will ask whether you are going on vacation. Your call on how to interpret this question. I just told mine about hyperinflation. It might make me look looney, but…well, here we are. :P
Aside from physical foreign currency, you can try a Neobank. They are purely online banks, no physical branches. You get sent a credit card, and be able to buy and hold foreign currency for it. Keep in mind each neobank offers a different selection of currencies, will require IDs, and most only use a smartphone app. You will likely want a Neobank from London or the EU. Neon is based in Switzterland, offering a IBAN - International Banking Number. Revolut is with London, and apparently quite friendly for many folks. I am might go with Wise in London, since they apparently have a PC-desktop interface available, and Britain might be “neutral” in a US-EU conflict. Note that you will have assorted costs with exchanging currency in addition to standard costs of banking.
Up to now I only had a flip phone, but got a smartphone since I might need flexibility for handling the times ahead. Maps, photos, drone controllers, ICE spotting, neobanks, and so forth. Wish I could just be lazy and have the troubles go away, but that isn’t how it works. :(