Unauthorized FATCA 'Intergovernmental Agreements' Are Part Of Obama's Executive Overreach

This article showcases the complete absence of legal authorization for FATCA Intergovernmental Agreements in a new opinion piece for Forbes.  As willfully ignorant countries around the world line-up to needlessly sign-away their sovereignty and privacy rights, it is important to remember that all FATCA IGA's are mere pseudo-treaties, built on a legal foundation of quicksand.  Only Congress has the constitutional authority to enact international treaties, not the executive branch - not Treasury, not the IRS and certainly not Obama, no matter how many executive orders he may sign with a Louis XIV-like flourish.
http://www.forbes.com/sites/realspin/2014/07/28/unauthorized-fatca-intergovernmental-agreements-are-part-of-obamas-executive-overreach/