Banking! What's an American to do?...............by Mike Haltman at The Political Commentator

A list of foreign countries where those Americans lucky enough to still have money can consider going if offshore banking is their investment vehicle of choice under the current leadership in Washington! 

Next TPC will provide the results from a survey conducted by The National Foundation for Credit Counseling that looks at whether Americans are saving, mortgage decisions, credit cards and much more!

Offshore Banking

Thanks to onerous U.S. banking regulations and uncertainty surrounding future U.S. federal government legislation under the Obama administration, the bank of choice for many Americans may be the one that's in some other country!


The problem there, however, is that because of the burden of dealing with the U.S. government, many foreign banks have chosen not to deal with U.S. customers.

Perhaps the solution is for the Obama administration to simplify and clarify so that U.S. citizens can feel more comfortable in dealing with U.S. institutions without having to consider looking to bank offshore!

Operating under the assumption that simplification and clarification won't occur and may in fact get worse, and that you are one of the lucky Americans to still have enough money that makes where you bank an important decision, here is a list of some countries that banking offshore is a possibility (this does not constitute financial advice but is merely financial information).

The list can be found at The Political Commentator here.