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

[kara2008]

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'?

I'd bet there are numerous Congresscritters, Czars and other government elites who have Swiss bank accounts. H***, the name of the game is tax evasion for the ruling class. Go ahead Switzerland, release those names!!!

[Senator John Blutarski]

It takes a very special kind of politician to alienate a country like Switzerland after only six months in office. I am looking forward to another three and a half years of uproariously amusing foreign policy frolics such as have been rarely seen before.

[ridesthemiles]

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.”

Geeeez- That could mean that Vince Foster died for nothing...

Word was strong at that time that his trips to Switzweland - which were frequent and regular- was to deposit money for the Clintons.

[farlander]

Great. So another 4000 high paying jobs gone.

[Wolfie]

Nice to find a class of criminals we can all embrace.

[Munz]

meddling again in foreign affairs? telling other countries how to handle their banking systems that they have had in place for years ..

I am sure this is going to encourage good relations with “The One”

[RobFromGa]

I wonder how many high level members of the Administration have Swiss bank accounts?

Not to mention Congresscritters, Hollywood liberals, and other totalitarian-favoring leftists....

[sten]

half? they are preparing to jack it to 60-65%.

two thirds !

and i’m hearing noises they are going to remove even more deductions (like mortgage interest) while jacking up other taxes (like cap gains)

exactly what do i get for all this tax money?

i know what i get for 5% state income tax (roads, fire, police, schools, infrastructure, utilities, municipal infrastructure, half-way houses, etc)... but what about the federal income tax?

i dare ANYONE to name TWO things you get for your federal income tax, not counting military (unless i can call in air strikes...) or the IRS itself

seriously... for 10 TIMES the state income tax level, you should be able to rattle off a small list without a problem. i really can’t

[givemELL]

http://www.time.com/time/business/article/0,8599,1917829,00.html divorce clients on the trail with UBS, AND

As an aside, of relevance, there are 52,000 accounts at UBS, all the rest should come out too....one can guess why the main body is shielded ...thousands of politicians, etc. as well as the internationally legitimized Swiss tradition of secrecy, unchallenged to date. Note, historically, since WWII, that there are reported now about 280,000 ‘private banks’ in the Carribean, 8-11 members and officers required in each bank varying on the island govt. with jurisdiction, which are ‘neutral banking jurisdictions’, meaning they do not communicate with the Fed Res System and are not in reach of the IRS. None of these ‘banks’ do any public business. They are merely repositories of unreachable funds for private international use. There are more banking charters than maritime ship registrations/flags of convenience!!..tax havens supreme. The US Navy probably exists more to protect these banks than it does our own banks. We should use our Navy to reclaim the assets in these banks, and thereby reclaim the stolen wealth from our country, now that the middle class, in the process of being enslaved, has rapidly diminishing assets to be taxed. Fully 2/3rds of the 280,000 ‘banks’ are owned by Americans?! The so called Obama initiative of ‘tax the rich’, avoids their biggest asset repository, Caribbean private banks, chartered there. The focus on Switzerland, and one bank, with a minimal sampling of tax evaders is only a diversion from the vastly larger international picture of tax evasion. The selection criteria of the 4-5000 being exposed at UBS must be suspect of being diversionary in its’ isolation...and, perhaps Republicans and independants are being focussed on at a lower level? (recall Chrysler dealership rejections) at a lower level? Just kidding, the ‘fairness’ must be ‘beyond compare’. The selection criteria are secret, of course.

Note the software available for running a private bank:

Panama City, Panama (PRWEB) May 28, 2008 — NexorOne (www.nexorone.com) announced Friday that its banking platform will integrate with Eurowire (www.eurowire.cc), allowing customers to pass on international wire instructions and other customer orders directly from the software. Both NexorOne and Eurowire believe the refined system will help ease the process for private and offshore banks, as well as eliminate many instances of delays and human error....http://www.prweb.com/releases/eurowire/nexorone/prweb974654.htm

Offshore banking: http://www.escapeartist.com/Offshore_Banking/

http://www.offshore-protection.com/

There is heavier competition from offshore banks for illicit US money as has ever existed in spite of the UBS ‘threat’.