Yes its true! Obama is giving Americans not just one; but twenty good reasons why they should open an offshore bank account.  The first and foremost of those reasons is the Federal Budget Deficit.  This would make most Americans run out and get an offshore account just to keep their money out of the reach of a greedy over spender who wants to share the wealth.  Other reasons in which Obama has created for going offshore include a Social Security that has unfunded debt, Medicare’s unfunded obligations, Health Care Insurance Liabilities, Military and Defense budget costs and the list has just begun.  Since all of these activities will need to be funded some way or another,  and many will ask”Where will the money come from?”.  The answer to that question is relatively simple taxes!  Belize Companies can help reduce taxes that one will pay onshore and in this case it seems that everyone from the poorest person in the country right on up to the almost millionaire (Obama’s friends are millionaires so they will be excluded) will suffer probably one of the biggest tax hikes in the history of the USA.  Other reasons that Obama is providing for those who so wish to open an offshore bank account are Homeland Insecurity risks, real estate and mortgage losses, peak oil and energy resources, cap and trade, foreign trade deficits, corporate pensions. local government pensions, and there are more to come.  All of this screams assets protection for anyone who wants to save a penny and move ahead in life.  The level of frivolous lawsuits will soar and banks will no longer lend money and insurance companies will deny policies since the cost of business will be so great that they will no longer be able to afford to take on the small client or middle class American.Wrapping up the list of good reasons why Obama will force people to open offshore bank accounts are the weak US Dollar, personal savings debt, credit card consumer debt, Fannie Mae and Freddie Mac, the new twist to the war on drugs, shadow banking system, democracy by lobbyists, class gap widening, international credibility, amongst a long list of other reasons.  If this is not enough to convince an American citizen or resident to move his assets offshore then there will be little left to save when the time comes that Obama opens the floodgates on the population.