>>>>>Gramm works for UBS, the Swiss Bank that was helping American Millionaires hide their cash illegally in Switzerland.<<<<<<
So you’re saying that Phil Gramm was “working for” a $14 billion bank with 75,000 employees and that he - and he alone - was responsible for the long history of tax evasion orchestrated by European banks, UBS being just one of many?
Yuh. Sure. That’s VERY convincing. /extreme sarc
I am not saying that he is responsible in any way. But the Swiss Banking Industry is founded on hiding money. Often the money is drug money, illicitly gotten, mafia, or just stolen from others. That’s just a fact. Swiss Banks have been helping people to illegally avoid paying the taxes that they are supposed to and have done it basically forever.
The Second World War was a catastrophe for most countries, but Switzerland did quite well, thank you.
My point is, Phil Gramm makes a very nice living working for this bank, and I am sure that he is not “whining” about his income.
I still consider myself a Phil Gramm fan, but his public remarks were arrogant and wrong-headed.