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1 posted on 09/13/2011 6:41:25 AM PDT by SeekAndFind
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To: SeekAndFind

I present before you folks, another item that Obama is doing that many people are not aware of — INVESTMENT POLICY IN CONJUNCTION WITH THE IRS that will drive needed foreign capital away further.

As the article states:

_____________________________________________________________________________________________

the Treasury Department and the Internal Revenue Service (IRS) are engaged in an active program that will drive hundreds of billions of dollars of foreign investment out of the country. More direct foreign investment comes from Switzerland into the United States than from any other country, which means that the Swiss create more American jobs than any other country. So, what does the Obama administration decide to do? Attack Switzerland.

Things that are illegal under our tax law are not necessarily illegal under the Swiss tax law. Every sovereign country has the right to devise its own laws, including tax laws. Yet, the Justice Department and the IRS are the process of suing many Swiss banks for the crime of following Swiss tax law inSwitzerland. How would Americans react if the country of Saudi Arabia started suing U.S. corporations for not requiring American female employees to be veiled? If we claim the right to extend our laws outside our borders, do not other countries have an equal right to extend their laws outside of their borders - and into the United States? Some of the Swiss banks are reacting to this outrage by refusing to take any U.S. clients or invest any money into the United States, so we end up losing millions of jobs. The endangerment of a constructive relationship with the largest direct foreign investor into the U.S. in order to catch a few tax cheats shows that officials in the IRS and the Treasury Department are devoid of reality.


2 posted on 09/13/2011 6:44:27 AM PDT by SeekAndFind (u)
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To: SeekAndFind
QUINNs FIRST LAW: Liberalism always generates the exact opposite of its stated intent.
3 posted on 09/13/2011 6:49:40 AM PDT by kosciusko51
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To: SeekAndFind

I sincerely doubt that his intentions are honorable and believe he knows his policies will have the opposite effect of what they’re advertised, because that is his objective. He is looking to destroy America so that he and his socialist buddies can rebuild it in their Utopian views, which are directly opposed to what this country was founded on. He must therefore not just be stopped in congress and next year at the ballot box, he must be impeached and put on trial for treason.


4 posted on 09/13/2011 6:55:32 AM PDT by EscapedDutch ("Socialism is great until you run out of other people's money" - Lady Margaret Thatcher)
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To: SeekAndFind

“Heh, Shovel-ready, umm, was not as shovel-ready, umm, as we expected,” Obama snickered.


6 posted on 09/13/2011 8:33:19 AM PDT by flowerplough (My favorite lesbian in the whole world is Joan Jett.)
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