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Posted

http://online.wsj.com/article/SB10001424052970204002304576627703543550920.html

Some more highlights:

Time to see if the Wall Streeters (©) have the stones to confront the “pigs”…….

We`ll see if they do indeed decide to rough it

Let them eat rat $h!T :lol:

They're really getting to you eh?

Good. You should be paying attention to them They're smart, not aggressive, have millions of supporters, most likely a majority of the population who have lost confidence in the banks.

My bet is the Wall Streeters are not going anywhere.

City garbage collection would help, portapotties, water.

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Posted

Unlike the Tea Party, that the establishment Republicans have begrudgingly embraced, I’ve yet to see the Democrats (Or NDP/Liberals) move towards the Wall Streeters (I created this word just now ©)……..I wonder why that is…..

I'm pretty sure the protesters are not receptive to politicians and party hacks trying to usurp the protest for political gain. If politicians have something to say about it they can talk to the media.

And they can stand up to corporate influence peddling/threats themselves.

Posted

Exactly………

Hippie loving in ’72 + election = Nixon

Hippie Loving in ‘11/‘12 + election = Harper, Cameron and Romney/Perry/Cain?

Remember how most Canadians felt after the G20 and Vancouver riots? The same voter disgust happened years before in the USA, particularly influencing the 1968 and 1972 election cycles. Democrats have learned that if they associate themselves with violent protests, anarchists, flag burners, etc., they will lose elections.

Economics trumps Virtue. 

 

Posted (edited)

With friends like these! :lol:

Thanks to Occupy Bostons takeover of Dewey Square, the Greenway Mobile Food Fest, scheduled to take place this weekend, has been canceled. Organizers hope to reschedule the event for next spring

Link

Who needs enemies! Way to go morons. So much for the food drive.

Edited by Shady
Guest Derek L
Posted

Well ... I seem to have hit a nerve.

Yes, the link works fine.

No it's not " a fourth year university students blog"

It's an information/advertising site called "Shelter Offshore" and it's not about the weather but info like this:

There are some countries that haven’t got themselves in quite so much of an economic mess as the UK, and some of them welcome Britons seeking an income tax free lifestyle!  As we will also demonstrate, there are nations and havens around the world where there are tax caps and where the likes of high net worth individuals and retirees are given the best deals on taxation.

It's just one of any number of such sites trying to attract wealthy people who want to have their citizenship without paying taxes - ie, criminal tax evaders.

Why so touchy?

Why is a man of the law insisting that illegal tax havens are conducting illegal business as usual ... as if to reassure investors?

Curiouser and curiouser ... :)

Especially since a quick google news search tells an entirely different story ...

Swiss bank confirms staff indicted in US tax case By Frank Jordans Associated Press / October 12, 2011 GENEVA— One current and one former employee at the Swiss private bank Julius Baer have been indicted in the United States in a $600 million tax evasion case. A Julius Baer AG spokesman, Martin Somogyi, said the Zurich-based bank was cooperating with U.S. authorities in their investigation. He provided no further details.

The U.S. Attorney's Office for the Southern District of New York announced the indictment Tuesday of Daniela Casadei and Fabio Frazzetto on charges of conspiring to help American clients hide more than $600 million in offshore accounts and avoid paying taxes on the money. Casadei and Frazzetto allegedly opened and managed accounts for U.S. taxpayers with an institution described in the indictment only as" Swiss Bank No. 1" -- Julius Baer. Some of the accounts were linked to fictional names, others to relatives living abroad or sham companies created to hide the true owner."The defendants also allegedly advised clients not to worry about U.S. law enforcement authorities because Swiss Bank No. 1 no longer had offices on U.S. soil," the U.S. Attorney's office said.

...

Swiss media have reported that Julius Baer is among several Swiss banks currently being investigated by U.S. authorities for aiding American tax evaders. Two years ago, Switzerland's biggest bank, UBS AG, was forced to hand over the names of thousands of American account holders and pay a $780 million fine in a landmark case that started a gradual erosion of Switzerland's storied tradition of banking secrecy.

Earlier this year Julius Baer

paid euro50 million ($68 million) to avoid prosecution in Germany as part of a deal with tax authorities in Switzerland's northern neighbor.

... and so on ...

lots and lots of info on tax havens, like this book called

TAX HAVENS FOR CANADIANS

CHAPTER 10 - Luxembourg: A Traditional Haven for Holding & Finance Companies

CHAPTER 11 - Liechtenstein: A Bit of Utopia in Old Europe

CHAPTER 12 - Switzerland: Money Haven But Not A Tax Haven

CHAPTER 13 - Ireland: Special Haven for Entrepreneurs

CHAPTER 14 - The United States as a Tax Haven CHAPTER 15 - Regional Branch Havens: And How You Can Use Them

CHAPTER 16 - Miscellaneous Smaller Havens

Switzerland seems to be out of the illegal haven business though.

Not the least bit “nervous”………My wife and I have an account with one of the smaller cantonal banks……Their reporting on the UBS case is false, as I mentioned above, the IRS tried to get thousands of names, but the Swiss supreme court blocked their disclosure but UBS did pay the fine…..If the Swiss do change their tune with regards to their privacy policies, many account holders (myself included) can transfer their funds out of their account, and into accounts in the Turks & Cacaos and Monaco, in less time than it took me to write this paragraph.

Guest Derek L
Posted

Remember how most Canadians felt after the G20 and Vancouver riots? The same voter disgust happened years before in the USA, particularly influencing the 1968 and 1972 election cycles. Democrats have learned that if they associate themselves with violent protests, anarchists, flag burners, etc., they will lose elections.

Spot on......I seem to remember the majority felt embarrassed.

Posted

Really? Which part sums up the government's role in the sub-prime mortgage issue and their insistence on pushing bad policy in the name of home ownership for low income earners? I didn't hear him mention that, which was the catalyst for the enitre houseing bubble. I also didn't hear him mention the repeal of Glass-Steagall in 1999. And you call that a nice summary? :rolleyes:

So you know what a summary is Shady? Ratigan may not know of the specifics, but at least he is aware knows people are getting screwed, and he is not happy about it, while not pretending everything is fine.

Posted

So you know what a summary is Shady? Ratigan may not know of the specifics, but at least he is aware knows people are getting screwed, and he is not happy about it, while not pretending everything is fine.

Missing vital information doesn't sound like a very good summary to me. But that's just my opinion.

Posted

My bet is the Wall Streeters are not going anywhere.

City garbage collection would help, portapotties, water.

The Flea Party is free to protest. But if they want portapotties, water, etc, they can pay for them themselves. Taxpayers shouldn't be footing the bill.

Posted (edited)

The Flea Party is free to protest. But if they want portapotties, water, etc, they can pay for them themselves. Taxpayers shouldn't be footing the bill.

I'd gladly pay a buck into the portapotty pot if someone would please tell me what exactly these people want? Not vague "they're rich, I'm poor" or "the rich should pay more", but what exactly is being proposed here? I'm certainly not in bed with any kind of populist Tea Party-styled movement, believing firmly that Libertarianism is a horrible ideology, but at least I know what the Tea Party stands for, maybe not every member, but there is some sort of a general statement of beliefs and goals. I can assess them based on that. I simply do not know what these Wall Street protesters and their wannabes popping up everywhere else are on about.

Edited by ToadBrother
Posted

Not the least bit “nervous”………My wife and I have an account with one of the smaller cantonal banks……Their reporting on the UBS case is false, as I mentioned above, the IRS tried to get thousands of names, but the Swiss supreme court blocked their disclosure but UBS did pay the fine…..If the Swiss do change their tune with regards to their privacy policies, many account holders (myself included) can transfer their funds out of their account, and into accounts in the Turks & Cacaos and Monaco, in less time than it took me to write this paragraph.

Well isn't that special. Bragging about illegal tax evasion. B)
Posted

The Flea Party is free to protest. But if they want portapotties, water, etc, they can pay for them themselves. Taxpayers shouldn't be footing the bill.

LOL! I like that..."Flea Party"...nice. In Minneapolis, the police had portapotties already on station, along with refuse collection. But the thing is, people who would normally use such services had jobs or classes to attend, and could only "protest" for a few hours. The Flea Party crowd dwindled to a few dozen permanent losers.

Economics trumps Virtue. 

 

Posted

About as sharp as a baseball bat.

Sharper than that, I think. Frankly I always saw her and Beck as basically entertainers who had found a new schtick aping the most outrageous far right conservative talking points. It's not really their fault that so many people take them seriously.

Posted

Sharper than that, I think....

Right...her politics aside, Ann Coulter is no idiot, and has the chops to hang with nearly any other talking head. IIRC, member August1991 was delighted with her painfully accurate description of the French Revolution.

Economics trumps Virtue. 

 

Posted

Right...her politics aside, Ann Coulter is no idiot, and has the chops to hang with nearly any other talking head. IIRC, member August1991 was delighted with her painfully accurate description of the French Revolution.

Can't. Stop. Laughing.

Posted

Right...her politics aside, Ann Coulter is no idiot, and has the chops to hang with nearly any other talking head. IIRC, member August1991 was delighted with her painfully accurate description of the French Revolution.

I think she's smart. I think she's probably drunk a bit too much of her own kool-aid, mind you, and she, like Beck, has seen her star fall considerably. Rush Limbaugh is still the master, and knows how to lean heavily towards the extreme without ever quite falling right into it.

Posted

Sharper than that, I think. Frankly I always saw her and Beck as basically entertainers who had found a new schtick aping the most outrageous far right conservative talking points. It's not really their fault that so many people take them seriously.

Like Colbert?

I don't think so. She takes herself much too seriously.

Guest Derek L
Posted

Well isn't that special. Bragging about illegal tax evasion. B)

Who says I’m doing anything illegal? That’s quite the leap……..My wife’s family has been doing business with this particular bank since the mid 80s, years prior to them leaving South Africa and our meeting……The majority of our “wealth” is managed through various CIBC accounts/portfolios…….Any money we deposit into any of our overseas accounts has already been taxed in Canada, nothing illegal about…….That being said, I can’t speak for my dog’s account in the Turks & Cacaos or my cat’s account on the Isle of Mann ;)

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