https://freerepublic.com/tag/confisicate/ en-us Tue, 15 Sep 2009 14:30:43 GMT Focus Forum 15 https://freerepublic.com/focus/f-bloggers/2340103/posts The latest story to hit the headlines in this regard is the matter of U.B.S. I’m sure all of you have read the details there, so I won’t describe the entire story. The pertinent point is that the U.S. Taxman asked for confirmation of the names of 52,000 account holders and has received 4,500 only. Why? The Swiss government relies on its banking services for a considerable percentage of the nation’s income. For three hundred years they have provided a home for foreign owned assets and monies. The have, still firmly in place, Bank Secrecy Laws that ensure that nobody... Commodity News Center https://freerepublic.com/focus/f-bloggers/2340103/posts#comment Tue, 15 Sep 2009 14:30:43 GMT