The UBS IRS 'Jew Deal'

Started by rmstock, August 20, 2009, 08:44:10 PM

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rmstock

UBS, IRS reach settlement, Swiss bank to divulge 4500 account holders
http://www.themoneytimes.com/featured/2 ... 80780.html


       by Jamie Anderson - August 20, 2009 - 0 comments

       Zurich, August 20: In a groundbreaking deal that will end the
       dispute between the Swiss banking behemoth UBS AG (NYSE: UBS; SWX:
       UBSN; TYO: 8657) and the U.S Internal Revenue Services, the former
       will divulge the names of as many as 4,500 secret account holders
       suspected of tax evasion to the latter.

       The legal settlement marks a victory for the U.S. authorities that
       have been hitherto trying to break the cloak of privacy of the
       Swiss banking system in vain.
       
       Best possible compromise
       UBS on the other hand can take heart from the fact that the IRS was
       pressuring it to divulge the names of as many as 52,000 account
       holders. The bank has to reveal less than ten percent of the
       account holders. To some extent the bank has been able to meet its
       tall claims of utmost secrecy.
       
       A post on Reuters Blogs read, For the Swiss, the chief attraction
       of this deal is that it allows them to claim that bank secrecy is
       upheld. After all, they already had agreements in place allowing an
       exchange of information in the case of suspected tax fraud.
       
       Under the terms of the deal, the Internal Revenue Service will drop
       its belligerent legal case against the Swiss bank that it had filed
       in a Miami federal court.
       
       William M. Sharp, a Tampa tax attorney said of the settlement
       between the two parties, This is a thoughtful and very clever
       resolution of the case. The United States is extracting its pound
       of flesh and yet we are respecting Swiss banking law by going
       through the treaty process.

       The amnesty scheme
       The erring account holders will be given a deadline of Sept. 23 to
       come forward and voluntarily disclose the quantum of tax evasion.
       Such a disclosure will condone some of the penalties to be imposed
       on them.

       The agreement is likely to provide the much needed shake up to the
       tax evaders. The U.S. tax watchdog is expecting that a lot more tax
       evaders would come forward, avail of the amnesty program and escape
       criminal prosecution.

       Seth J. Entin, a tax attorney at Greenberg Traurig in Miami said,
       The consequences are going to be a lot more serious after Sept. 23
       and that's going to bring people in (for voluntary disclosures).
       It's the carrot and the stick. They want people to come in
       voluntarily.''

       The dispute may have been settled between UBS and IRS for now.
       However, only time will tell whether the notified account holders
       seek legal recourse in Swiss courts against UBS."

    [/list]

    This sounds like a 'Jew deal' where the American IRS get its 'pound of
    flesh' and at the same time, UBS can sell the 'Upholding of Bank
    Secrecy' to its customers and bank community press.

    So WHO are these 4,500 less fortunate USB bank account holders?
    Apparently they are :

    - Not that fond of the Obama Administration
      (Campaign Donations to the Republican Party?)
    - All in agreement that the US Government is not
      acting in the best interests of America and it Citizenry
    - 'Dead meat' already, as the collateral in countering
      this undemocratic divulging of Bank details has already been
      taken care of by the Zionist Jew run Obama Administration.
    - To save 'Ones Ass' the Obama Administration is giving
      a deadline until September 23, 2009, for these 4500
      UBS Bank account holders to hand-over (at gun-point?)
      all their assets and get their USB account impounded.

    So WHO of the 52,000 account holders got their identity divulged? And
    who not? What criteria have been negotiated? THAT must be the REAL BANK
    SECRECY here!

    What you are WITNESS of here, is hard core Bolshevism, as observed in
    Russia shortly after WWI. This directly makes Obama suspect numero uno
    of being the new Lenin, Stalin of the 21th Century.

    Robert
    --
    Robert M. Stockmann - RHCE
    Network Engineer - UNIX/Linux Specialist
    crashrecovery.org  mailto:stock@stokkie.net">stock@stokkie.net

    ``I hope that the fair, and, I may say certain prospects of success will not induce us to relax.''
    -- Lieutenant General George Washington, commander-in-chief to
       Major General Israel Putnam,
       Head-Quarters, Valley Forge, 5 May, 1778