ePassporte Official Statment

[ecchi]

Originally Posted by Charlie

You think any of these companies being temporarily offered have a shot? Like payoneer or Web Money etc?

I have no idea about Web Money, but Payoneer has no hope unless they change their policies - see my comments in a earlier post in this thread.

Originally Posted by Charlie

Does security have anything to do with US Banking problems? I mean I like the idea my money is insured for up to a quarter million or do all countries do that (or at least in Europe)?

Originally the problem was simply the American government's fear of foreigners, they put up all sorts of barriers to foreign money to stop non-American companies getting a toe-hold in US trade. Unfortunately no one realised that it worked both ways, and you were keeping foreign money out, screwing up the US balance of payments.

I have also been told (by a bank manager) that the US banking system itself is very backward compared with most European countries, so that the problems are compounded by the fact that American banks simply do not have as high a level of technology as Europe.

I would guess that the current security fears have made things even worse, and the eP problems may (as artwilliams assumes) be wholly or partly triggered by this. But all countries have the same problem, so the US government has no excuse for being worse than elsewhere.

It is also possible that the crash scared more useless regulations into being (but...ditto).

However the shit state of US banking laws is not a new thing, it predates the twin towers attack, I have been having problems for about 20 years, and when I started working internationally it was already very much an old story.

Worryingly, since so many major banking transactions are beginning to rely on Broadband, and America lags far behind Europe in broadband availability, things are probably going to get worse.

In short, George W. had already mortgaged the US's ass to Asia before the crash, now things are even worse. And if the banking system does not pull itself out of the past and get with the program, America will never be able to get enough money in to pay off it's foreign debts. The result will be galloping inflation, low wages, and mass unemployment. So if Mr Ob does not do something pretty drastic pretty quick, the Mexican border will soon be patrolled by Mexican soldiers, desperately trying to stop US citizens sneaking into Mexico looking for work!

|skyfall|

[Charlie]

Originally Posted by ecchi

I have no idea about Web Money, but Payoneer has no hope unless they change their policies - see my comments in a earlier post in this thread.



Originally the problem was simply the American government's fear of foreigners, they put up all sorts of barriers to foreign money to stop non-American companies getting a toe-hold in US trade. Unfortunately no one realised that it worked both ways, and you were keeping foreign money out, screwing up the US balance of payments.

I have also been told (by a bank manager) that the US banking system itself is very backward compared with most European countries, so that the problems are compounded by the fact that American banks simply do not have as high a level of technology as Europe.

I would guess that the current security fears have made things even worse, and the eP problems may (as artwilliams assumes) be wholly or partly triggered by this. But all countries have the same problem, so the US government has no excuse for being worse than elsewhere.

It is also possible that the crash scared more useless regulations into being (but...ditto).

However the shit state of US banking laws is not a new thing, it predates the twin towers attack, I have been having problems for about 20 years, and when I started working internationally it was already very much an old story.

Worryingly, since so many major banking transactions are beginning to rely on Broadband, and America lags far behind Europe in broadband availability, things are probably going to get worse.

In short, George W. had already mortgaged the US's ass to Asia before the crash, now things are even worse. And if the banking system does not pull itself out of the past and get with the program, America will never be able to get enough money in to pay off it's foreign debts. The result will be galloping inflation, low wages, and mass unemployment. So if Mr Ob does not do something pretty drastic pretty quick, the Mexican border will soon be patrolled by Mexican soldiers, desperately trying to stop US citizens sneaking into Mexico looking for work!

|skyfall|

I'm sort of curious why the US banking is such a problem unless they are also that valuable? Can't we just be ignored and outcasted or are our finances that valuable?

Personally I think our entire country is a whorehouse that everyone wants to invade and rape and give nothing back to

P.S. I also feel this way about the successful famous people here who actually owe this country something due to their success. They seem to be more concerned with PR and doing things for banana republics than helping out and fixing our own problems here.

[ecchi]

Originally Posted by Charlie

I'm sort of curious why the US banking is such a problem unless they are also that valuable?

If you mean to other countries: Because we do business with some US companies, and they usually have American bank accounts!

If you mean to the US: Because you buy foreign goods, go on foreign holidays, and send money abroad through other means (eg, American soldiers fighting abroad). You have to have as much money coming in as going out (preferably more coming in than going out) or you end up in serious financial shit, the Government has to "create" more money which leads to inflation, unemployment, etc.... You also need money coming in to pay off that huge national debt the idiot W. ran up while in office. Fail to do that, and America ends up like a bankrupt third world country!

Oh, US banking is very important indeed.

[Charlie]

Originally Posted by ecchi

If you mean to other countries: Because we do business with some US companies, and they usually have American bank accounts!

If you mean to the US: Because you buy foreign goods, go on foreign holidays, and send money abroad through other means (eg, American soldiers fighting abroad). You have to have as much money coming in as going out (preferably more coming in than going out) or you end up in serious financial shit, the Government has to "create" more money which leads to inflation, unemployment, etc.... You also need money coming in to pay off that huge national debt the idiot W. ran up while in office. Fail to do that, and America ends up like a bankrupt third world country!

Oh, US banking is very important indeed.

Well, I already admitted we are a whorehouse, but I don't think you third world leeches would even exist if not for us and that goes for Europe too LOL!

And I'm not even talking about WW II LOL, I'm talking money!

[Charlie]

Here's for you immigrant fucks! LOL http://www.youtube.com/watch?v=tCvMK...eature=related

[ecchi]

Originally Posted by Charlie

Well, I already admitted we are a whorehouse, but I don't think you third world leeches would even exist if not for us

You suffer from the same problem as me, you are still living in the 1970's. Back then America was a great nation, but now it is Asia that is propping the USA up, not the other way round. At the moment your country owes countries like China so much money that if China says "jump" the USA has to ask "How high sir?" and then damn well jump. Fortunately China and India also make a lot of money from exporting to the US, so they don't want to rock the boat. But if the President goes all protectionist and starts bringing in trade levies or some such thing (which must look inviting in the current economical climate), or if he stops that aid you keep moaning about, then countries like China can retaliate by demanding that the loans get repaid, then it will be the 1930s all over again. (I don't think this will happen while Mr Ob is in power, but if he looses the next election and you get someone like Palin in, there is a serious risk she will get patriotic and protectionist, if that looks like happening, emigrate to Canada or Europe before it is too late!)

However the most imminent worry is over America's credit rating. At the moment it is good, but if it drops, you owe more money that Greece does, so the same thing will happen in America as is happening there, prices are going up, and salaries are going down. Serious poverty for most people, however not as bad as the above scenario (but there is a greater chance of it happening, even with a good President).

[Charlie]

Originally Posted by ecchi

You suffer from the same problem as me, you are still living in the 1970's. Back then America was a great nation, but now it is Asia that is propping the USA up, not the other way round. At the moment your country owes countries like China so much money that if China says "jump" the USA has to ask "How high sir?" and then damn well jump. Fortunately China and India also make a lot of money from exporting to the US, so they don't want to rock the boat. But if the President goes all protectionist and starts bringing in trade levies or some such thing (which must look inviting in the current economical climate), or if he stops that aid you keep moaning about, then countries like China can retaliate by demanding that the loans get repaid, then it will be the 1930s all over again. (I don't think this will happen while Mr Ob is in power, but if he looses the next election and you get someone like Palin in, there is a serious risk she will get patriotic and protectionist, if that looks like happening, emigrate to Canada or Europe before it is too late!)

However the most imminent worry is over America's credit rating. At the moment it is good, but if it drops, you owe more money that Greece does, so the same thing will happen in America as is happening there, prices are going up, and salaries are going down. Serious poverty for most people, however not as bad as the above scenario (but there is a greater chance of it happening, even with a good President).

Again, then why are you dealing with us? I can do without Chink Lead in my baby products so what is the big fucking deal with our American Banks? You must love us for some reason in additiion to be so fucking jealous you can't handle it.

[ecchi]

Originally Posted by Charlie

Again, then why are you dealing with us?

I answered that question a couple of posts back!!!!!!!

As I said the other day, read the whole thread before replying to it. If you just look at one post and reply without reading the rest of the thread you are bound to either ask what has already been answered, repeat what has already been said, or say something stupid. It is inconsiderate to all other users to simply use this forum to air your views without first reading those of others. Sure, some people will have widely different views to other people (such as you and I over ePassport's culpability), and everyone has the right to state their own views. But at least have the good manners and common decency to read other people's posts in the thread before adding your own.

[PhoneMistress]

Originally Posted by Charlie

... I can do without Chink Lead in my baby products so what is the big fucking deal with our American Banks?...

Did you say "Chink"? Please tell me that is a typo.