AMERICA! PLEASE TAKE NOTE OF A WAY OUT OF OUR PRESENT FINANCIAL SITUATION! ONLY OBAMA HAS TO ACT!
Some people think the Federal Reserve Banks are United States Government institutions. They are not Government institutions, departments, or agencies. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers. Those 12 private credit monopolies were deceitfully placed upon this country by bankers who came here from Europe and who repaid us for our hospitality by undermining our American institutions.
Thomas Jefferson said, "If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered."
Jefferson saw it coming 150 years ago. The question is, "Can you now see what is in store for us if we allow the FED to continue controlling our country?" "The condition upon which God hath given liberty to man is eternal vigilance; which condition if he breaks, servitude is at once the consequence of his crime, and the punishment of his guilt." John P. Curran
Perry, the governor of Texas, said on Monday that more stimulus measures by the U.S. central bank would be "treasonous" and said if Bernanke "prints more money between now and the election, I don't know what y'all will do to him in Iowa, but we would treat him pretty ugly down in Texas."
After being elected In 1963 President Kennedy issued an executive order 11110 signed buy President Kennedy on AUGUST 7, 1963, IF FOLLOWED, WOULD ALLOW UNITED STATES TREASURY TO BYPASS PRIVATELY OWNED FEDERAL RESERVE SYSTEM, CARRY OUT IT'S CONSTITUTIONAL POWER TO CREATE AND ISSUE IT'S OWN CURRENCY WITHOUT PAYING THESE PRIVATELY OWNED BANKS INTEREST?
IF YOU WANT TO KNOW HOW AMERICA CAN CURE IT'S CURRENT DEBT PROBLEM, PLEASE READ ON; i.e., still-in-effect Executive Order 11110 should be told to American people to motivate outrage necessary to force President Obama and Congress to replace FRN [Federal Reserve Notes] WITH USN [United States Notes], as President Kennedy's executive order 11110 was meant to do.
Bernanke, appointed to the Fed leadership in 2006 by former President George W. Bush, a Republican and gave unappointed and unelected Grover Norquist unparrelled access to federal eoncomic policy making, has faced criticism for his loose monetary policy including quantitative easing and a pledge to keep interest rates low for another two years.
Carney said it was important for the central bank's efforts to ensure price stability and economic soundness to be recognized as being separate from partisan politics. "The Fed's independence is important," he said.
Republicans in Washington and on the campaign trail are pushing back against any big new spending programs that could widen the U.S. deficit and add to the country's debt!
How come democrats are not implementing President Kennedy's August 7, 1963 executive order bypassing privately owned Federal Reserve System & being in compliance with U.s. Constitution creating and issuing America's own currency & eliminating federal deficit w/o having to pay one penny of interest?
Sincerely,
Bill Huff
319 Dixie Manor Court
Harrodsburg, Ky.
40330-1923
859.734.2228
859.265.7180
PRESIDENT JOHN F. KENNEDY
GAVE PRESIDENTS AFTER HIM
ABILITY TO IMPLEMENT HIS
EXECUTIVE ORDER 11110 TO
DO AWAY WITH FEDERAL RESERVE
& FOLLOW U.S. CONSTITUTION
FOR AMERICA TO CREATE IT'S
OWN MONEY WITHOUT PAYING
ANY INTEREST!
Wednesday, August 17, 2011
AMERICAN TAX CHEATS USING SWISS BANKS ESCAPING TAX!
Editorial
Swiss Banks, Aiding and AbettingPublished: August 16, 2011
Despite all of the I.R.S.’s efforts, wealthy American tax cheats are still able to hide their money because Swiss banks are still eager to help them.
An indictment disclosed earlier this month by the United States attorney in Manhattan noted that when the Swiss bank UBS — under strong pressure from Washington — abandoned the secret account business, one of its bankers left, taking with him several clients for whom he then opened secret accounts at five other Swiss banks. Another indictment claims that a Swiss financial adviser who managed secret funds for American clients moved accounts from UBS to two private Swiss banks.
Both advisers are accused of using shady tactics, like opening phony businesses in Hong Kong and fake foundations in Liechtenstein to conceal the money from the Internal Revenue Service. The banks, which are not named in the indictments, were not accused in the fraud because the advisers gave them false documents stating that the account owners were not American. But the banks did have information that could have alerted them to the accounts’ ownership had they done better due diligence.
These indictments follow the disclosure by Credit Suisse that it was the target of a criminal investigation by the Justice Department into how Swiss institutions assisted American income tax evaders. The cases underscore how deeply Swiss banks rely on tax evasion.
The United States government, which fined UBS $780 million and forced it to reveal data on 4,450 American customers, is reportedly negotiating a global agreement with the Swiss government that could result in a hefty collective fine against these banks. Switzerland is again resisting demands for more information about American clients. Washington should not stop pushing until all Swiss banks hand over their files and close those accounts.
A version of this editorial appeared in print on August 17, 2011, on page A22 of the New York edition with the headline: Swiss Banks, Aiding and Abetting..
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Swiss Banks, Aiding and AbettingPublished: August 16, 2011
Despite all of the I.R.S.’s efforts, wealthy American tax cheats are still able to hide their money because Swiss banks are still eager to help them.
An indictment disclosed earlier this month by the United States attorney in Manhattan noted that when the Swiss bank UBS — under strong pressure from Washington — abandoned the secret account business, one of its bankers left, taking with him several clients for whom he then opened secret accounts at five other Swiss banks. Another indictment claims that a Swiss financial adviser who managed secret funds for American clients moved accounts from UBS to two private Swiss banks.
Both advisers are accused of using shady tactics, like opening phony businesses in Hong Kong and fake foundations in Liechtenstein to conceal the money from the Internal Revenue Service. The banks, which are not named in the indictments, were not accused in the fraud because the advisers gave them false documents stating that the account owners were not American. But the banks did have information that could have alerted them to the accounts’ ownership had they done better due diligence.
These indictments follow the disclosure by Credit Suisse that it was the target of a criminal investigation by the Justice Department into how Swiss institutions assisted American income tax evaders. The cases underscore how deeply Swiss banks rely on tax evasion.
The United States government, which fined UBS $780 million and forced it to reveal data on 4,450 American customers, is reportedly negotiating a global agreement with the Swiss government that could result in a hefty collective fine against these banks. Switzerland is again resisting demands for more information about American clients. Washington should not stop pushing until all Swiss banks hand over their files and close those accounts.
A version of this editorial appeared in print on August 17, 2011, on page A22 of the New York edition with the headline: Swiss Banks, Aiding and Abetting..
LinkedinDiggMySpacePermalink.
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