Posted on 03/08/2010 3:58:30 PM PST by jhpigott
00:31 Israeli banks urge Americans to close investment accounts in Israel (TheMarker)
(Excerpt) Read more at haaretz.com ...
bfl
I think it is more likely due to our invasive investigations of U.S. citizens using foreign banks than than anything else. If they were going to war why the heck would they care if some U.S. citizens had money in their banks or not?
If youd like to be on or off, please FR mail me.
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Posted with some trepidation, since Israeli bankers aren't stupid, and don't make money requesting people take their funds elsewhere. I believe The Marker is owned by Ha'aertz, but doesn't have an English language website. Still it's hard to imagine they'd mistranslate their own Hebrew publication so badly. If I had to guess, I'd speculate this is related to a Citibank "warning", this is no big deal in the scheme of things, about Israeli markets due to their expected reclasssification as a developed rather than developing market later this month, which has some impact on indexing. Substitute Citibank Global for Israeli banks, the headline without an article is accurate.
That’s my thinking.
If Haaretz is giving this advice, it’s a public way of escalating the threat level without having to manifest something you can pick up by satellite.
Something on the order of, “We are in Bravo-12 status,” or even sooner.
I wonder how much progress the Russians made on figuring out how the Israelis spoofed and shut down their late-model air defense network in Syria?
You’d have to think that maybe air and some special forces, and MAYBE some cover cooperation from Jordan, Egypt, and Saudi Arabia for intelligence, extraction, or a place to ditch.
It’s a shame Obama’s in and not Bush, or they’d have some support from Western Iraq to an extent.
Banks urge Americans to close investment accounts in Israel
".. Obedient to intensifying U.S. government pressure to crack down on offshore tax evaders, in January Israeli banks began ordering clients they identify as "Americans" or "U.S. tax residents" to close investment accounts they hold in Israel. It is apparently an anticipatory measure, ahead of changes in U.S. law. Local banks are apparently responding to changes in American regulations as their legal counsels interpret them. .."
Obedient to intensifying U.S. government pressure to crack down on offshore tax evaders, in January Israeli banks began ordering clients they identify as “Americans” or “U.S. tax residents” to close investment accounts they hold in Israel. It is apparently an anticipatory measure, ahead of changes in U.S. law. Local banks are apparently responding to changes in American regulations as their legal counsels interpret them.
Haaretz.com
Thats interesting
I say that because it seems that Jerusalem has to be intact and habitable during the Tribulation. If they detonated a nuke of sufficient size over Tel Aviv (the most likely place for a target), radiation would kill much of the Israeli population. Jerusalem might become uninhabitable.
Maybe for the first half of the Tribulation, but maybe not so for the last half. All bets are off for the last half of the Tribulation... I would say.
A side note here about nuclear weapons. Israel has battlefield nukes that they can use on advancing troops, if they were to have an army advancing on Jerusalem and they can nuke them even 10 or 20 miles outside of Jerusalem and not affect the population there. It will just kill the advancing troops and leave the equipment intact.
Those are your neutron bombs, the ones that the U.S. got rid of, and threw out of their stockpile of nukes. We should have kept them. Not having them actually makes nuclear war more possible not less possible.
Exactly, they don’t want to deal with our foreign bank investigations. The way things are going there will be only two ways to hide cash. Invest in drugs or lend the money to the SEIU.
By Raphael Ahren
Obedient to intensifying U.S. government pressure to crack down on offshore tax evaders, in January Israeli banks began ordering clients they identify as "Americans" or "U.S. tax residents" to close investment accounts they hold in Israel. It is apparently an anticipatory measure, ahead of changes in U.S. law. Local banks are apparently responding to changes in American regulations as their legal counsels interpret them.
The Bank of Israel hasn't handed down instructions to the banks on the matter, which doesn't fall under its purview.
In February, for instance, Bank Mizrahi-Tefahot informed clients that as a "result of current U.S. regulations" it can no longer provide "securities services to U.S. persons," and explained the termination procedure. "You are receiving this letter because you are identified in our records as a customer who may be a U.S. person, within the meaning of the applicable regulations," Mizrahi wrote. The letter said that clients who fall into this category have until April 7 to tell the bank how to dispose of their holdings, adding that the bank will continue to provide "banking and non-securities services, including deposit accounts and CDs as well as foreign currency, checking and credit card services".
"If we do not receive your instructions by March 16, 2010, we may liquidate the securities in your account," Mizrahi warned.
Thanks, as a reporting issue, that makes complete sense. There are plenty of “US” banks in Israel, just like there are Israeli banks in the US. Someone may have to move their account across the street. Tax evaders, a different problem, which I don’t much care about.
That post didn’t say it was prophetic that I could see...
I took the verse as a reminder not to get overly concerned when we see these things happening...look at Haiti and that video where she cried out it’s the end of the world...and of course it wasn’t....we can find comfort in this verse...
My opinion on prophetic happenings, down the road, is they will be so powerful and worldwide encompassing that there will be no explanation for them and no countries will rescue because each will have their own crisis and overwhelmed by. What we have been seeing is hardly that.
Oil markets in particular.But sometimes major "surgery" is essential for an individual's (or nation's) very survival.
Not unusaul for countries to shore themselves up before wartime...protect assets etc. or at least in place. This kind of reminds me how ambassadors are called home....Israel did that weeks ago...they called them from all over the world to Israel. But nothing more has been said of this.
What they are doing is actually very wise...interesting too how Iran and ME countries will interpret this move...Biden and his wife arrived in Israel today...for meetings.
IRAN and then WWIII coming up on the close horizon.
Tix to Tel Aviv April 13.
There are rumors.
Then there ARE RUMORS.
Israel is a major bellweather for a list of reasons.
Was begining to wonder where the clueless perspective was.
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