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Anthony we are now on part 2 of our series about FATCA we started with what the heck is FATCA with some basic information so people have a good starting point sort of start to wrap your head around it because itamp;#39;s itamp;#39;s a bit onerous Iamp;#39;ll say it nicely so weamp;#39;re trying to get a lot of information out today we want to talk about why FATCA is so annoying thereamp;#39;s a lot of things about it that are just downright stupid now first I would say if youamp;#39;re going to Google FATCA make sure you have the the correct acronym god bless the US government in their acronyms thereamp;#39;s also the fair and accurate credit transactions Act which is the fact Oh fact ah but weamp;#39;re talking about fat ha that sounds vulgar oh we are talking not about that weamp;#39;re talking about the foreign account Tax Compliance Act not the fair and accurate credit transaction transactions Act okay first thing thatamp;#39;s dumb the u.s. estimates that it will take ta