For the third time in my lifetime, a storm of revulsion against foreign investment in the United States is beginning to gather. Only this time the clouds appear much more ominous.
We’ve got a lot to remember and a lot to reckon with on this Memorial Day…the richest man in the world travels to Europe to seek out better investments…The Oracle of Omaha could write for The Daily Reckoning…putting the squeeze on the American family… Checking in on Cuba…and more!
One of the best-kept secrets in America’s arsenal of financial sanctions is the U.S. Treasury Department’s Terrorist Watch List. It’s maintained by the Treasury’s Office of Foreign Assets Control (OFAC), and it enforces economic and trade sanctions against more than a dozen countries.