STEVE PIECZENIK TALKS

UBS- The Swiss Bank that Keeps on Giving and the Ex-American Secretary of State, Hillary Clinton, who Keeps on Taking!
What a Wonderful Parasitic Relationship.
By now, we should all have Clinton-phobia or at least Clinton-Fatigue! Yet, I am still amazed by the insatiable avarice manifested by the Clintons in terms of receiving illegal payments, graft and all other forms of financial irregularities. Perhaps, there is some perversion in my delight at discovering how we, Americans have concluded that the Clinton and the Bush families are by far the most corrupt two families spanning our political spectrum from left to right. If money had an ideology than it would be reconfigured along the lines of a Clinton BitCoin that would suck up whatever was in the US treasury and the rest of the world banks and redirect it to some ersatz paradigm entitled: a non-profit foundation; super pac; or the Chelsea foundation for advanced skulduggery.

I want to thank the two journalists at the WSJ [July 30, 2015]-- James V. Grimaldi and Rebecca Ballhaus for detailing the incredibly  incestuous relationship between UBS, one of the world’s most corrupt banks, and, of course, our Lady of the Dollar—Hillary Clinton.

“A few weeks after HC was sworn in as secretary of state in 2009, she was summoned to Geneva by her Swiss counterpart…. The American IRS was suing UBS AG to get the identities of Americans with secret accounts.”

Now it gets better… 

“Within months, Mrs. Clinton announced a tentative legal settlement—an unusual intervention by the top U.S. diplomat. UBS turned over information on 4,450 accounts --- A fraction of the 52,000 sought by the IRS, an outcome that drew criticism from some lawmakers …”
Now comes the piece de resistance….

“From that point on UBSs engagement with the Clinton family’s charitable organization increased. Total donations from UBS to the Clinton Foundation grew from less $60,000 through 2008 to a cumulative total of $600,000 by the end of 2014.”

And where is Bill Clinton in this financial chicanery?

Here comes the rest of the familiar tedious political/financial corruption tale:
UBS lent the Clinton Foundation$32M for inner city programs and inner city loans.

Bill Clinton was paid $1.5M  [on top of everything else –guess for what?] for “participating in a series of question and answer sessions with UBS wealth management chief executive, Bob McCann. Making this UBS ‘donation’ the single biggest corporate source of speech income.”

You may think that I am being a little harsh on UBS. But, let me tell you about incredibly corrupt bank.

In Miami Beach, where stupidity, greed and illegality is a way of life, one of the UBS American Executives, a Latin born female and a ‘gringo’ both approached me to place my financial assets in a UBS High Wealth Management fund of about $1. 7 Trillion. Both bankers assuring me that UBS in Switzerland could guarantee that I would not have to pay any US taxes on income derived from my investment. UBS had a fanciful scheme where all the American investors could skirt our IRS laws. Having been an official of the USG, I was fascinated to learn more about the scheme where in effect they would allow you to leave the USA and travel around the world and if you stayed only a certain number of days, then you, the American, would avoid USA taxes. I explained to both of these well-dressed nitwits that their scheme was stupid and possibly criminal. They disagreed with me. I said nothing and left to inform my contacts at the IRS that there was a financial scheme developed by UBS Switzerland and its subsidiaries in Miami to convince Americans that they were free of taxes.

Neither banker was arrested as I had recommended. Instead, true to the venal nature of world-wide banking, both individuals went on to work with an American bank. This is just one example that points to the obvious truth as to the perfidious nature of the Clinton and the Bush Families. Such revelations have finally erupted into a swelling rage; best expressed by Donald Trump who makes no apologies for his braggadocio and financial wealth.

Hypocrisy and political/moral cowardly behavior of the Clintons, whose bounds of veracity has never seen any limits of decency, have contrived to create faux drama with another cowardly corrupt politico, Jeb Bush. Their plan is to make forthcoming 2016 elections seem politically credible and morally consistent with some manufactured standard decided by both families ahead of their ersatz repartees. 

Here’s a quote from Bill regarding the UBS issue,  “I don’t know [if the Clinton Foundation donors ever sought favor from Sec State Hillary]… I never know what people’s motives are.” They really must think Americans are stupid.  It’s time to rid ourselves of this kind of garbage disguised as disingenuous ignorance and make-believe ‘civility’. No enlightened American believes anything from the mouths of a Clinton or a Bush.

Unfortunately, UBS will continue to do what it does best and that is to steal and hide assets in the cloud of ether, assuring every depositor that they will be safe from hackers and any other noisome intruders like the American IRS.

That is a fact of life.