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	<title>Comments on: UBS America Turned Into a &#8216;Criminal Organization&#8217;: Nachrichten, Switzerland</title>
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		<title>By: adexterc</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208681</link>
		<dc:creator>adexterc</dc:creator>
		<pubDate>Wed, 26 Aug 2009 00:31:07 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208681</guid>
		<description>I earn a reasonable amount of money. I take every allowance I can but do not have lawyers and accountants at my beck and call. So I pay my taxes and I get quite a lot in return. The folks that ship their money overseas want the roads for their limos and airports for their jets but do not want to pay for them. They  are the definition of greedy sociopaths.</description>
		<content:encoded><![CDATA[<p>I earn a reasonable amount of money. I take every allowance I can but do not have lawyers and accountants at my beck and call. So I pay my taxes and I get quite a lot in return. The folks that ship their money overseas want the roads for their limos and airports for their jets but do not want to pay for them. They  are the definition of greedy sociopaths.</p>
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		<title>By: Father_Time</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208584</link>
		<dc:creator>Father_Time</dc:creator>
		<pubDate>Tue, 25 Aug 2009 19:47:45 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208584</guid>
		<description>Leonidas--&lt;br&gt;&lt;br&gt;The &quot;cause&quot; is Greed, not the tax code.</description>
		<content:encoded><![CDATA[<p>Leonidas&#8211;</p>
<p>The &#8220;cause&#8221; is Greed, not the tax code.</p>
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		<title>By: DLS</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208499</link>
		<dc:creator>DLS</dc:creator>
		<pubDate>Tue, 25 Aug 2009 16:29:11 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208499</guid>
		<description>&quot;often with every crime there is a cause&quot;&lt;br&gt;&lt;br&gt;In the broadest, most general, most obvious case, people are choosing to flee rather than be theft victims.</description>
		<content:encoded><![CDATA[<p>&#8220;often with every crime there is a cause&#8221;</p>
<p>In the broadest, most general, most obvious case, people are choosing to flee rather than be theft victims.</p>
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		<title>By: DLS</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208498</link>
		<dc:creator>DLS</dc:creator>
		<pubDate>Tue, 25 Aug 2009 16:28:18 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208498</guid>
		<description>&quot;as long as our corporate tax codes are so out of whack with the norms for industrialized nations, we are likely to see this type of practice continue&quot;&lt;br&gt;&lt;br&gt;Of course.  It&#039;s not just the problem of excessive taxes or tax rates, the resulting evasion of which has been judiciously addressed at least as far back as by Adam Smith.  (Cigarette taxers nowadays, those who want them hyper-taxed for PC reasons, you are again warned; take note, if you can and will.)  It&#039;s also the underlying attitudes and &quot;climate,&quot; no different than how people view &quot;climate&quot; for business and job creation, which is why Blue Nation so often counts people and jobs among their greatest exports.&lt;br&gt;&lt;br&gt;People are often ready and willing to vote NO with their feet against misconduct by state governments.  It&#039;s Gresham&#039;s Law applied to the economy and society.  The bad people (and bad government) drive away the good.&lt;br&gt;&lt;br&gt;This has been a problem not only with older, ailing eastern Blue (Cyanide) Nation states and central cities for ages, but also for &quot;Massachusetts Lite&quot; California, where push factors are so often primarily motivating the &quot;spinoff&quot; of people and jobs from California to the rest of the western USA, and sometimes farther east.&lt;br&gt;&lt;br&gt;The activists (ignoring constitutional federalism in all ways, including culturally and philosophically), who are greedy and angry, want, as has been described, to make avoidance impractical by expanding the scope of jurisdiction to the federal government, nation-wide.  Or the feds independently choose to be bad.&lt;br&gt;&lt;br&gt;So those who can, move their stuff offshore.&lt;br&gt;&lt;br&gt;It&#039;s Gresham&#039;s Law in effect, once again.&lt;br&gt;&lt;br&gt;If you think bad government and income taxation and avoidance-and-evasion is bad now, just wait and see if extremists someday push for and secure a wealth tax in addition an income tax in this country (which would be progressive, naturally, to correspond fully to the thorough injustice, envy, and resentment there).</description>
		<content:encoded><![CDATA[<p>&#8220;as long as our corporate tax codes are so out of whack with the norms for industrialized nations, we are likely to see this type of practice continue&#8221;</p>
<p>Of course.  It&#39;s not just the problem of excessive taxes or tax rates, the resulting evasion of which has been judiciously addressed at least as far back as by Adam Smith.  (Cigarette taxers nowadays, those who want them hyper-taxed for PC reasons, you are again warned; take note, if you can and will.)  It&#39;s also the underlying attitudes and &#8220;climate,&#8221; no different than how people view &#8220;climate&#8221; for business and job creation, which is why Blue Nation so often counts people and jobs among their greatest exports.</p>
<p>People are often ready and willing to vote NO with their feet against misconduct by state governments.  It&#39;s Gresham&#39;s Law applied to the economy and society.  The bad people (and bad government) drive away the good.</p>
<p>This has been a problem not only with older, ailing eastern Blue (Cyanide) Nation states and central cities for ages, but also for &#8220;Massachusetts Lite&#8221; California, where push factors are so often primarily motivating the &#8220;spinoff&#8221; of people and jobs from California to the rest of the western USA, and sometimes farther east.</p>
<p>The activists (ignoring constitutional federalism in all ways, including culturally and philosophically), who are greedy and angry, want, as has been described, to make avoidance impractical by expanding the scope of jurisdiction to the federal government, nation-wide.  Or the feds independently choose to be bad.</p>
<p>So those who can, move their stuff offshore.</p>
<p>It&#39;s Gresham&#39;s Law in effect, once again.</p>
<p>If you think bad government and income taxation and avoidance-and-evasion is bad now, just wait and see if extremists someday push for and secure a wealth tax in addition an income tax in this country (which would be progressive, naturally, to correspond fully to the thorough injustice, envy, and resentment there).</p>
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		<title>By: DLS</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208495</link>
		<dc:creator>DLS</dc:creator>
		<pubDate>Tue, 25 Aug 2009 16:20:50 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208495</guid>
		<description>What Scotland did with the Libyan terrorist is definitely not necessarily as bad as what the Swiss did.</description>
		<content:encoded><![CDATA[<p>What Scotland did with the Libyan terrorist is definitely not necessarily as bad as what the Swiss did.</p>
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		<title>By: DLS</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208494</link>
		<dc:creator>DLS</dc:creator>
		<pubDate>Tue, 25 Aug 2009 16:19:41 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208494</guid>
		<description>What&#039;s interesting here is not that the Swiss buckled, but that the Obama people acted as soon and as harshly as they did (though what we&#039;re seeing as this year &quot;progresses&quot; makes it less and less of a surprise).  I figured it would remain until not only the US but European governments got into much deeper distress, and were more desperate (notably, as with the onset of aging-related problems with elderly-directed social-spending programs and the effect on government finances), that they would have attacked several offshore tax havens at the same time.&lt;br&gt;&lt;br&gt;Yes, the objects of hatred are crooks, but given the nature of government in so many cases like this and in so many other instances, it&#039;s worth reiterating my wistful reaction sometimes, that we can feel not only sympathetic with, say, the S&amp;L crooks, but given the nature of the Dems and lefties so often, we can actually cheer these tax-fleeing folks heartily, hoping they&#039;re cruising the Caribbean or the South Pacific with their attractive young crew-mates of the moment.</description>
		<content:encoded><![CDATA[<p>What&#39;s interesting here is not that the Swiss buckled, but that the Obama people acted as soon and as harshly as they did (though what we&#39;re seeing as this year &#8220;progresses&#8221; makes it less and less of a surprise).  I figured it would remain until not only the US but European governments got into much deeper distress, and were more desperate (notably, as with the onset of aging-related problems with elderly-directed social-spending programs and the effect on government finances), that they would have attacked several offshore tax havens at the same time.</p>
<p>Yes, the objects of hatred are crooks, but given the nature of government in so many cases like this and in so many other instances, it&#39;s worth reiterating my wistful reaction sometimes, that we can feel not only sympathetic with, say, the S&#038;L crooks, but given the nature of the Dems and lefties so often, we can actually cheer these tax-fleeing folks heartily, hoping they&#39;re cruising the Caribbean or the South Pacific with their attractive young crew-mates of the moment.</p>
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		<title>By: Leonidas</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208479</link>
		<dc:creator>Leonidas</dc:creator>
		<pubDate>Tue, 25 Aug 2009 15:13:36 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208479</guid>
		<description>I agree that money laundering should be stamped out, but often with every crime there is a cause.  In the US corporate tax rates are so much higher than in most industrialized countries, and those other countries use territorial taxation and not global taxations as in the US.  Thats not justification for breaking the laws, and certainly not for any money obtained by criminal means, but it is part of the cause.  Additionally US tax policies cripple US companies competitively and has greatly contributed to economic downturn in the US.&lt;br&gt;&lt;br&gt;I applaud the efforts to bring in these tax evaders, but as long as our corporate tax codes are so out of whack with the norms for industrialized nations, we are likely to see this type of practice continue on a grand scale.  It wont disappear if we do  so, but it will probably decrease.</description>
		<content:encoded><![CDATA[<p>I agree that money laundering should be stamped out, but often with every crime there is a cause.  In the US corporate tax rates are so much higher than in most industrialized countries, and those other countries use territorial taxation and not global taxations as in the US.  Thats not justification for breaking the laws, and certainly not for any money obtained by criminal means, but it is part of the cause.  Additionally US tax policies cripple US companies competitively and has greatly contributed to economic downturn in the US.</p>
<p>I applaud the efforts to bring in these tax evaders, but as long as our corporate tax codes are so out of whack with the norms for industrialized nations, we are likely to see this type of practice continue on a grand scale.  It wont disappear if we do  so, but it will probably decrease.</p>
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		<title>By: Father_Time</title>
		<link>http://themoderatevoice.com/44329/ubs-america-turned-into-a-criminal-organization-nachrichten-switzerland/comment-page-1/#comment-208459</link>
		<dc:creator>Father_Time</dc:creator>
		<pubDate>Tue, 25 Aug 2009 13:09:17 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=44329#comment-208459</guid>
		<description>I suspect that this is just the tip of the iceberg, should other countries demand the same access to Swiss bank accounts. The Swiss banking system will just have to take the humiliation. Its high time this secrecy ended anyway. Good story.</description>
		<content:encoded><![CDATA[<p>I suspect that this is just the tip of the iceberg, should other countries demand the same access to Swiss bank accounts. The Swiss banking system will just have to take the humiliation. Its high time this secrecy ended anyway. Good story.</p>
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