3 thoughts on “Swiss Federal Council adopts mandate for negotiations with United States on FATCA implementation”
My response today:
Dear Communication State Secretariat for International
Financial Matters, Anne Césard,
In the United States, it is a federal crime to deny a person a mortgage based on their national origin. Currently, America is pressuring Swiss banks to deny American citizens mortgages based on their national origin. I understand this as being a federal crime in the United States. The Swiss government is responding to this American federal crime by supporting and defending ist practice, encouraging Swiss banks
to also deny Swiss citizens mortgages since the US government insists that the Swiss government must also be a partner in crime.
Why thus is the Swiss government being criminal against Swiss citizens in defense of US federal crimes? Is it to much to ask for the Swiss government to advise the US government that it is not only criminal to deny Swiss citizens mortages based on their national origin, but also criminal to deny US citizens mortgages based
on their national origin, according to US law?
Raiffeisen personal told me that it will not refinance my mortgage simply because I am a Swiss citizen who lives in Switzerland who is double-taxed
by the US government. Yet, today it was
printed in the news that Raiffeisen informed a Swiss citizen living in the US and taxed by the US government that it might refinance his mortgage even though he is not taxed by Switzerland. So, a Swiss citizen in Switzerland is being denied a mortage for their Swiss property while a Swiss citizen living in the US might be able to refinance their Swiss property in Switzerland? The only difference with this situation is that Switzerland does not double-tax its citizens, unlike the
US.
How is this supposed to make sense? How can this be justified? Please explain this logic because neither I nor anyone in this world can understand this. I fail in comprehending why the Swiss government would rather discriminate against Swiss citizens than to request for the US government to stop violating its own laws.
“Today I met several bankers in Zurich. They were all shaking their
heads saying, ‘In 40 years of operations we’ve never had a crisis like
this one – a war like the one being waged against the Swiss banking
system. We’re in the artillery sights of every country and every day
there are new attacks’,” recounted Paolo Bernasconi, a business law
professor at St Gallen University and former Ticino public prosecutor.
“Many bank directors are unable to leave Switzerland because they risk being arrested.”
The OECD is pulling a train on Switzerland. FATCA is about financial privacy, and the OECD wants you to have none of it. They want you to have no where to hide from their taxmen, and the biggest and hardest nut to crack was Switzerland. There are all kinds of dirty tricks being played and the losers are far more than expats or homelanders, they are the those people on the planet, especially the Swiss, who used to enjoyed the right of financial privacy.
Swisspinoy, I admire your tenacity, but you a trying to stop an avalanche. There is a war going on, the worlds elites are making a major power grab and consolidation. Big brother is almost here and you think writing letters to department heads is going to change anything?
Hildebrand sold one half (2400 tons) of Switzerland’s gold in 2001 at about $275. Hildebrand and UBS sold out Switzerland in 2008 to save UBS and the Swiss banking elite when he let UBS take on hundreds of billions of Fed bailout money and bought $60B of CDO’s. Hildebrand pegged the Frank to the Euro and now Switzerland is forced to buy €50B every month with printed Franks.
Then there was the entire LTCM scandal in 1998 where UBS apparently had pledged tons of gold as collateral. Not long afterwards UBS was forced to leave its prized seat at the LBMA which sets the gold price. Then Hildebrand and Gordon Brown were forced to sell the Swiss and English gold. Now there are rumors that the allocated gold accounts in Zürich have been looted by these bankers and that there are issues with the ZKB gold ETF. Meanwhile UBS and CS steadfastly refuse to consider breaking off their investment banks arms or their US wealth management arms. And now his apprentice Thomas Jordan is running the SNB with exactly the same policies. There is a war going on out there and freedom is losing.
*ConfederateH, I’d rather fall fighting a lost battle than to be stabbed in the back. 🙂
My response today:
Switzerland pays the price for banking secrecy
The OECD is pulling a train on Switzerland. FATCA is about financial privacy, and the OECD wants you to have none of it. They want you to have no where to hide from their taxmen, and the biggest and hardest nut to crack was Switzerland. There are all kinds of dirty tricks being played and the losers are far more than expats or homelanders, they are the those people on the planet, especially the Swiss, who used to enjoyed the right of financial privacy.
Philipp Hildebrand (ex-SNB and currently a Blackrock executive) has been hitting the news wires. He has the nerve to tell us Swiss: “Swiss Banking secrecy is a thing of the past” and “Switzerland and its banking system should assume that in five to ten
years when a foreign client comes and opens a Swiss bank account, his
name, the date he opens the account and the bank’s name will be
automatically transferred to his country’s treasury”,
Swisspinoy, I admire your tenacity, but you a trying to stop an avalanche. There is a war going on, the worlds elites are making a major power grab and consolidation. Big brother is almost here and you think writing letters to department heads is going to change anything?
Hildebrand sold one half (2400 tons) of Switzerland’s gold in 2001 at about $275. Hildebrand and UBS sold out Switzerland in 2008 to save UBS and the Swiss banking elite when he let UBS take on hundreds of billions of Fed bailout money and bought $60B of CDO’s. Hildebrand pegged the Frank to the Euro and now Switzerland is forced to buy €50B every month with printed Franks.
Then there was the entire LTCM scandal in 1998 where UBS apparently had pledged tons of gold as collateral. Not long afterwards UBS was forced to leave its prized seat at the LBMA which sets the gold price. Then Hildebrand and Gordon Brown were forced to sell the Swiss and English gold. Now there are rumors that the allocated gold accounts in Zürich have been looted by these bankers and that there are issues with the ZKB gold ETF. Meanwhile UBS and CS steadfastly refuse to consider breaking off their investment banks arms or their US wealth management arms. And now his apprentice Thomas Jordan is running the SNB with exactly the same policies. There is a war going on out there and freedom is losing.
*ConfederateH, I’d rather fall fighting a lost battle than to be stabbed in the back. 🙂