UBS to hand over names of 4,450 clients to U.S. (IRS to Investigate Them)

Real Clear Markets ^ | August 19, 2009 | Ronald D. Orol

[Diana in Wisconsin]

Be afraid. Be very afraid.

[max americana]

Time to switch to the Caymans..

[coydog]

So, what’s the worst that could happen if one of these tax havens told the IRS to stuff it? “You’re not getting word one from us or dime one from our clients. Too bad so sad.”

[Diana in Wisconsin]

I’m just glad I’ve been banking at the ‘Mayonnaise Jar Buried in the Backyard Bank’ since Election Day, 2009. :)

If these scare tactics aren’t proof that our Government is flat broke, I don’t know what is.

[ryan71]

Rush thinks there will be plenty of liberal dems on the list.

I think there won't be any.

[Caipirabob]

This country needs a reset button.

[netmilsmom]

>>‘Mayonnaise Jar Buried in the Backyard Bank’<<

LOL!
I’ve been at the “Buy another jumbo bag of rice” bank.
Also the “U-pick blueberry” bank
And soon we’ll be at the “U-Pick tomato” bank.

Also buying silver.

[Diana in Wisconsin]

Wealthy LibTards may be on the list but there will be SELECTIVE prosecution, I’m certain of that. ;)

[al baby]

Our Government is not flat broke Its in hock up to its neck

I don’t see this country surviving more than a couple more years, We had a good run

[AFPhys]

It is a good thing I had the foresight in October, and cashed out my billions into Gold!

[SkyDancer]

I so dearly hopa hopa hopa that there are Dem’s in that group ... big important Dem’s ... Pelosi for one ....

[wombtotomb]

you’re both right, of course.

There are many liberal dems on the list, but they will never be disclosed.......

[RoadKingSE]

It is a good thing I had the foresight in October, and cashed out my billions into Gold!

You too?

[Diana in Wisconsin]

Smart Lady! :)

Did you know that a nickle is actually worth a nickle now based on the physical silver and copper in it? I’m thinking of buying a few rolls of nickles each week, too.

[La Lydia]

The problem UBS faces is that they do business here, as well as in Switzerland. The BO administration could seize their US assets if they don’t comply.

[al baby]

don’t forget brass and lead

[FlingWingFlyer]

And the knuckledraggers in the state run “media” get mad when we compare their “messiah” to Adolf Hitler. I sure don’t see any difference except for maybe the moustache.

[Diana in Wisconsin]

Oh, al baby! Don’t be so glum!

We’ll all be so happy holed up in our bunkers, or being underground mole people. Buck up! :)

[netmilsmom]

REALLY?
Well ya don’t pay that “Spot + $$$” on rolls of nickles now do you?

I might have to visit a real bank!

[Batrachian]

So, what’s the worst that could happen if one of these tax havens told the IRS to stuff it? “You’re not getting word one from us or dime one from our clients. Too bad so sad.”

UBS is a corporation, not a country, and they have a large presence here in the USA. The Zero admin can make all kinds of trouble for them. I assure you that they're not interested in an ideological fight with the IRS over the sanctity of their client accounts. They'll still rake in their billions after this, and that's all that really matters.

You might even see them becoming a corporate sponsor of one of Obama's initiatives after this, like green energy or something. You know, just to show that they "get it".