End of Swiss Bank Accounts - Unthinkable

Quote from moarla:

fact is the USA try to impose the whole world there rules. Fuck USA
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well i dunno. maybe it's not right to do business here, and then not comply with our laws.
 
Quote from truehawk:

Estimated by whom?
Nitwit Gingrich?

It depends a lot on weather you think that government for and by the people has a future, because government for the people should be able to find a way to do things efficiently. That is not to be confused with government by a class of cleptocrats who basicly suspended any enforcement of laws and rules that would interfere with lining their pockets while using the power of the government to punish political opponents.

The attitude of those here toward those who bend iron, plant and reap, and actually produce the things that you use, including a fair set of rules of the road to play by (Oh, the last Administration did NOT concern themselves with that did they?) Never ceases to amaze me.
You have traders belittling UAW lie workers , and government workers. Well let me tell you buddy the NAVY did a better overhaul at half the cost than the "private sector" overhauls they have been forced into. You should have to serve on those ships and and YOU should have to wear the laundry done by KBR since the "outsourced" laundry in Iraq, and suffer the boils caused by dirty clothes because "private industry does it more efficiently".

Bullshit.

It really depends on the level of corruption tolerated in a company or a government, and for the last 8 years in my direct experience the corrupt have flourished both in and outside of government.

Actually I am looking forward to a future where we can once again get our money's worth from government and private industry, and to some damn clean laundry.
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Governments do waste a lot of money & that's common knowledge, whenever a budget is given to a department their prime objective ought to be to make an improvement, which I suppose they do try to achieve, but the unnecessary expences to get from A to B are plain stupid a lot of the time. Trouble is that if a department shows that they managed to save money from a budget, then they will most likely get less next year. System is flawed, as good performance is rewarded with a cut in funds.
 
Only in the USA do people hate government so!! They underinvest in it...then complain that it can't do anything. Up here in Canada, we privatized water sanitation (in Ontario) a few years back....well, there were hundreds of deaths. Last year, the government inspection of meat was put mainly in the hands of private business....deaths started to happen...and, the business that was primarily responsible almost went bust, as did many other meat businesses.

There is a role for government.

I lived in a foreign country, and did not pay tax to Canada, but I had give up any association with Canada for that time.

Living in a country and availing oneself of that country's benefits without paying your way is the same as welfare fraud. The government is ultimately, the people.
 
UBS Warning

UBS CEO Sergio Ermotti says the first quarter of this year "was lacking any of the elements of positive seasonality," meaning it was pretty awful for a first quarter, and not just for UBS. Ermotti: "In this environment, it's true that equity markets have recovered but the conviction level of both institutional and private clients is not there…the Chinese market is up 25% and Hong Kong is up, U.S. is up, but the volumes supporting that rally are not there." CNBC
 
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