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'The greatest libertarian show on earth' will feature 'Escape from America' financial advice

FreedomFest, the annual libertarian gathering in Las Vegas, will offer a seminar titled “Escape from America: The Five Steps to Financial Freedom,” conducted by the Sovereignty Society. No surprise or scandal here -- this is a topic libertarians have discussed for years. But it's an amusing difference between libertarians and the rising “tea party” movement, which will be saluted at several other Freedom Fest events. The Sovereignty Society's site is chock-full of tips on which sovereign funds to invest in ("If you retreat to these 6 Ponzi-Proof investments right now, your wealth could multiply 3-5 fold, even as millions of Americans watch their retirement accounts go up in smoke.") and essays like this one from "wealth preservation and privacy expert" Mark Nestmann on the financial benefits of giving up American citizenship.

After considerable research, I chose the Commonwealth of Dominica. Dominica does lack some of the amenities of the United States, but I liked the country. I knew I could possibly settle there, or at least maintain a residence or business presence.

I paid the fees to obtain economic citizenship and met with some government officials. Weeks later, after an extensive background check, I swore an oath of allegiance to this country. I was granted citizenship and obtained a passport.

After obtaining this second passport, at the advice of my attorney, I decided to take the biggest step of all. I gave up my U.S. citizenship.

Read to the end, where Nestmann gloats about watching American tourists who can't travel freely to Cuba like he can.

Most of the rest of the Freedom Fest agenda is material safe for the libertarian edge of the tea party movement, and other guests include libertarian historian Tom Woods, Charles Murray, Steve Forbes, the Wall Street Journal's Steve Moore, and Whole Foods founder John Mackey.

By David Weigel  |  June 22, 2010; 1:50 PM ET
Categories:  Libertarians  
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