Well, this is scary.
http://www.mainstreet.com/theres-law-takes-away-money-if-you-leave-us-citizenship
basically, if you're a US citizen and decide to become a citizen of another country, the government will tax you as if you had sold everything you own as a capital gain tax.
So now, if things get so bad you decide that the only option remaining for you is to emigrate, most people won't be able to afford to.
Another good site about the debt - from a non partisan group - http://www.truthin2008.org/
We as a country are worse than broke - we're so far in debt that at this point we are most likely not going to be able to dig ourselves out of it - because politicians want to be re-elected and the majority of the American electorate either doesn't know or doesn't care.
basically, if you're a US citizen and decide to become a citizen of another country, the government will tax you as if you had sold everything you own as a capital gain tax.
So now, if things get so bad you decide that the only option remaining for you is to emigrate, most people won't be able to afford to.
Another good site about the debt - from a non partisan group - http://www.truthin2008.org/
We as a country are worse than broke - we're so far in debt that at this point we are most likely not going to be able to dig ourselves out of it - because politicians want to be re-elected and the majority of the American electorate either doesn't know or doesn't care.