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Swiss Banks Making Concessions On Secrecy
Aryabhata writes in with news that should chill the hearts of evil dictators and tax cheats everywhere: one of the last bastions of strong banking secrecy, Switzerland, is bowing to international pressure and agreeing to cooperate with some foreign investigations of wrongdoing. "...the Swiss government announced on Friday that it would cooperate in international tax investigations, breaking with its long-standing tradition of protecting wealthy foreigners accused of hiding billions of dollars. Austria and Luxembourg also said they would help. ... The famed 'numbered accounts' that do not bear the owner's name will still be available for clients willing to pay for added anonymity. ... Over the past month, leaders have made similar promises in Singapore, Liechtenstein, Bermuda, the British islands of Jersey and Guernsey, and tiny Andorra... other 'offshore' banking centers are still available in the Caribbean, Panama, Dubai and elsewhere."
As as Swiss banker, I'd like to ask you how you feel about contributing to the impoverishment of Africa by providing a means for governments to untracably steal taxes and foreign aid money from their people.
Shutting down free speech with violence isn't fighting fascism. It IS fascism!
I think what's amusing (or sad really) is that you're so incredibly brainwashed by this American "individualism" that you cannot even imagine a society where people actually care enough about the world around them that they're willing to give up some of their money in order to help others not so fortunate as to actually have enough to survive. It's really a sad reflection on todays American society and I can only say that I'm glad I don't live in your world.
Weren't you John McTard...oops, I mean John McCain's economic advisor on his failed run for the prez???
Are you still vice-chairman of UBS?? Boy oh boy, you really are a Swiss banker, aren't you......and you're the clown who passed that Financial Services Modernization Act that screwed up everything royally....and also that Commodity Futures Modernization Act that was the coup de grace (that's French, you Texas 'tard!!).
BTW, death to Swiss bankers and lest we forget, Chuck Norris ONLY played Special Forces types in his films, he WAS Mental Category Four, after all......