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USA to UBS: Hand Over Tax Evaders, Or Else! Swiss Bank's American Assets at Risk(Loss of License)
Yahoo Finance ^
| 7/10/09
| Aaron Task
Posted on 07/10/2009 2:20:02 PM PDT by Crazieman
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1
posted on
07/10/2009 2:20:02 PM PDT
by
Crazieman
To: wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; ...
*Ping!*
2
posted on
07/10/2009 2:21:42 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: Crazieman
If the US confiscates UBS property, all US government officials can forget about ever seeing any of they money in their Swiss bank accounts ever again.
3
posted on
07/10/2009 2:22:30 PM PDT
by
sourcery
(Obama Lied. The Economy Died!)
To: Crazieman
If our tax system was so punative people wouldn’t be trying to hide money from the IRS.
“Give us half your income!” Who wouldn’t run from that?
4
posted on
07/10/2009 2:23:24 PM PDT
by
Brookhaven
(Obama hasn't just open Pandora's box, he has thrown us inside and closed the lid.)
To: sourcery
I believe the Swiss will fight this to the bitter end using every means possible.
Their banking system is predicated on secrecy. If the USA breaches it, the system would collapse (and their economy along with it.)
5
posted on
07/10/2009 2:24:48 PM PDT
by
Brookhaven
(Obama hasn't just open Pandora's box, he has thrown us inside and closed the lid.)
To: Swordmaker; Ernest_at_the_Beach; AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; ...
...the Swiss government said it would seize UBS data in order to prevent the Justice Department from obtaining the identities of 52,000 American account holders.
Should have gone with Firewire.
6
posted on
07/10/2009 2:27:24 PM PDT
by
SunkenCiv
(https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
To: Brookhaven
In the US, the economy is supported mostly by consumer spending.
In Switzerland, it is supported by BANKING.
The Swiss have been on top of their banking game longer than the US has been around.
To: Crazieman
I think it’s a game of chicken between the US and Swiss governments, it comes down to who needs who the most. Time will tell.
8
posted on
07/10/2009 2:29:29 PM PDT
by
moose2004
(Stand up, speak out and stop Obamacare and GM)
To: Crazieman
People should do what their leaders do. Keep their money in Saudi accounts.
9
posted on
07/10/2009 2:29:45 PM PDT
by
marron
To: Brookhaven
That is correct. The Swiss will play to win. They will confiscate all accounts of all US organizations and persons—irrevocably. They will forbid entry to Switzerland by any US national, and forbid the use of their financial markets and services. If the US relents, and returns any and all confiscated property, they will reopen their markets and services—but any confiscated accounts will never be returned.
10
posted on
07/10/2009 2:30:20 PM PDT
by
sourcery
(Obama Lied. The Economy Died!)
To: Crazieman
I wonder how many high level members of the Administration have Swiss bank accounts? The US had better be careful. There could be some “unintended consequences.”
11
posted on
07/10/2009 2:30:29 PM PDT
by
Truth29
To: Brookhaven
I hope they do! Go Schwiiiz! I do not think the us govt has the right to mess with switzerland’s system.
12
posted on
07/10/2009 2:30:42 PM PDT
by
Yaelle
To: Brookhaven
I believe the Swiss will fight this to the bitter end using every means possible.No, they won't fight this to the bitter end. They will protest for a while and eventually cave. It's the Swiss way.
13
posted on
07/10/2009 2:35:38 PM PDT
by
stripes1776
("That if gold rust, what shall iron do?" --Chaucer)
To: Crazieman
I hope the Swiss never back down and tell the US government to buzz off.
14
posted on
07/10/2009 2:37:09 PM PDT
by
taxtruth
To: Crazieman
Starting to wish I lived in Switzerland. Also required to own a machine gun I believe.
15
posted on
07/10/2009 2:40:04 PM PDT
by
Crazieman
(Feb 7, 2008 http://www.freerepublic.com/focus/f-news/1966675/posts?page=28#28)
To: Brookhaven
The Swiss will win this fight. After all, they have those kool army knives.
To: sourcery
...all US government officials can forget about ever seeing any of they money in their Swiss bank accounts ever again. They of course will be exempt, I'm sure.
To: Truth29
I wonder how many high level members of the Administration have Swiss bank accounts?That might be a good strategy for the Swiss. Release a "few" selected records. Then they probably wouldn't have to release any more. Chris Dodd, Barney Frank, Nancy Pelosi, Timothy Geithner -- are ya listenin'?
---
Send treats to the troops...
Great because you did it!
www.AnySoldier.com
18
posted on
07/10/2009 2:46:42 PM PDT
by
JCG
To: Crazieman
19
posted on
07/10/2009 2:59:28 PM PDT
by
GOP Poet
To: Crazieman
UBS would have tons of depositor business if they stood up to the USA and bailed out of our country. Depositors would know that their accounts are protected in secret. UBS would be well-informed to close up shop here in the United States.
20
posted on
07/10/2009 3:02:32 PM PDT
by
rawhide
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