Switzerland Hands Over Information on 100's of US Banking Clients

[peaceandlove]

Swiss on defensive in bank confidentiality settlement with U.S.

Source: http://campaignforliberty.com

By Julia Werdigier and Lynnley Browning Published: February 19, 2009

A day after Switzerland did the unthinkable and handed over information on hundreds of banking clients to the U.S. authorities, the Swiss government struggled to defend an integral part of its financial system: the promise of customer confidentiality.

"Banking secrecy, ladies and gentlemen, remains intact," the Swiss president, Hans-Rudolf Merz, said at a news conference Thursday. But even as Merz spoke, the U.S. government was laying the groundwork to ask for confidential information on hundreds of other banking clients.

On Wednesday, Switzerland bowed to pressure from the U.S. government, and in an unprecedented step gave up the details of about 250 wealthy American clients of UBS who were suspected of using the bank's accounts to evade taxes.

Article continues: http://iht.com/articles/2009/02/19/business/ubs.php

[cantaloupe]

i think taxes are illegal. BUT, as Jared Diamond points out, societies that survive hardships like the one we're in are ones where the elite decision makers are affected by the decisions they make and not insulated by them. Simply being affected brings the motivation necessary to cause the decisions they make to be ones that are better for everyone. If this disclosure strips away some of that insulation and lands their a$$es in the fire with the rest of us, then all the better.

[peaceandlove]

Blessings Cantalope,

Looks like Madoff and Stanford have beaten them to it and stripped away a lot of insulation already. :naughty:


Madoff's Billionaire Victims
Duncan Greenberg and Matthew Miller, 02.05.09, 06:55 PM EST
Bernard Madoff apparently ripped off everyone--retirees, celebrities and some of the richest people in America.

Article: http://www.forbes.com/2009/02/05/bernard-madoff-billionaires-business-billionaires-0205_madoff.html



ABOUT TAXES AND MORE:

Aaron Russo: "I set out on a journey to make a film about whether or not there was a law requiring Americans to pay an income tax...or was the tax a fraud being perpetrated by the American government. This process of discovery brought something much more dangerous and frightening to my attention...now, I will bring it to yours."

This film not only puts the legalities of the IRS and the Federal Reserve into question, but it also reveals the carefully concealed oligarchy of elitists and globalists whose main goals include financially enslaving society by creating a world order of manufactured consent devoid of individuality and freedom -- much like the former Soviet Union.

PS: If you really care about America, and want your taxes to go towards your country, rather than rich fat cats operating out of foreign countries draining your hard earned tax dollars, this film won't disappoint.

Film: "America: From Freedom to Fascism"

Video Series: http://www.youtube.com/watch?v=3ueEfRXZCVA