Today, the U.S. claims that 52,000 Americans have been hiding money at UBS illegally and violating U.S. tax law. There are $14.8 BILLION in assets. These are rich people, cheating the U.S. government and Americans. What do you bet that many are Republicans? These crooked Americans are not paying their taxes and using foreign institutions to evade taxes.
Another little factoid about UBS: remember Phil Gramm — the idiot who got laws passed that allowed derivatives to be issued by financial institutions without regulation? Well, good old “Americans are a bunch of whiners” Phil Gramm works for UBS. Phil was also #2 on Time Magazine’s list of the 25 people who caused the financial crisis. What do you bet that good old Phil is among the 52,000 with hidden bank accounts? Surprise, surprise!
If the U.S. obtains these tax records, let’s throw these 52,000 people into jail. I hope it includes most of the Congressional Republicans. If it includes a bunch of Democrats then that is ok as well. Throw them all in jail for evading U.S. taxes. What chance is there of that?
America is doomed.

