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Octafish

(55,745 posts)
49. It is amazing, believing what history shows otherwise.
Sat Apr 23, 2016, 12:28 AM
Apr 2016

Robert Scheer from 2009:

As The Wall Street Journal reported, “The U.S. crackdown on clients of UBS AG is widening into a global hunt, with the government detailing in court documents how the Swiss bank and outside advisers helped Americans hide money using enterprises set up in Hong Kong.”

Was Gramm truly unaware of the widespread efforts at UBS to defraud the U.S. Treasury? Did extreme ideologically driven naiveté lead him to believe that the bank would never engage in such chicanery? In the past he was the first to deny any hint of business naiveté and indeed defended his being hired by a bank that benefited from his legislation. Deflecting any suggestion of a conflict of interests, Gramm told a reporter: “You know, there is something to be said for not hiring people who just came in off a turnip truck. I have always believed that when I left the Senate that I would go into financial services as something that I know something about.”

Well, what exactly did he know about those offshore tax shelters that caused a revenue shortfall of at least $100 billion that honest taxpayers have to make up?

SOURCE: http://m.truthdig.com/report/item/20090819_ubs_money_laundering_what_did_phil_gramm_know



With Corporate McPravda and Crapadaemia being what they are, I can understand the ignorance. What is sickening are those who know, and chose to ignore it.

Recommendations

0 members have recommended this reply (displayed in chronological order):

knr snagglepuss Apr 2016 #1
Bill Clinton also works at UBS Octafish Apr 2016 #21
IT IS... ALL ABOUT THE GD MONEY! Carvilee is A POS Corporatist as Well CorporatistNation Apr 2016 #48
It's a big club, and you ain't in it LondonReign2 Apr 2016 #53
K&R for needed exposure /nt Dragonfli Apr 2016 #2
George W Bush also works at UBS Octafish Apr 2016 #22
LOL should have had a warning for the first pic! Faux pas Apr 2016 #3
Really Scary: UBS received $287 Billion bailout...and Phil Gramm still talks slow. Octafish Apr 2016 #24
They're all just one big happy family aren't they? We were so scammed! But not anymore thankfully. sabrina 1 Apr 2016 #37
K & R disillusioned73 Apr 2016 #4
Clearly not Hillary supporters who claim they are Democrats. Joob Apr 2016 #11
This land is their land. We pay them rent. Octafish Apr 2016 #25
Great article.. disillusioned73 Apr 2016 #31
K & R AzDar Apr 2016 #5
Guess whose Foundation is tied to UBS? Octafish Apr 2016 #34
Aw, how sweet! sabrina 1 Apr 2016 #38
Is the Clinton Foundation the Dulles Brother’s Sullivan and Cromwell? Octafish Apr 2016 #39
Just as long as you don't equate... malokvale77 Apr 2016 #6
Never. Octafish Apr 2016 #7
Panama Papers: The secrets of dirty money (Suddeutsche Zeitung) bobthedrummer Apr 2016 #8
''Integrity is for paupers.'' Octafish Apr 2016 #35
K&R&bookmark JEB Apr 2016 #9
The Clintons and Wall Street: 24 Years of Enriching Each Other Octafish Apr 2016 #36
Lots of folks in on the Clinton Con. RiverLover Apr 2016 #10
I once actually hoped Democrats would not succumb to the ecstasy of gold. Octafish Apr 2016 #40
Buy-Partisan. Perfect Hillary description. cherokeeprogressive Apr 2016 #12
UBS is all kinds of Buy Partisan Octafish Apr 2016 #43
It is one big club. nt artislife Apr 2016 #13
'aye 840high Apr 2016 #28
Mere mention of its existence brings out anguished (and now paid) cries of ''CONSPIRACY THEORY!'' Octafish Apr 2016 #42
And we ain't in it. nt cherokeeprogressive Apr 2016 #46
K&R Great research! Hope this gets wide publicity! amborin Apr 2016 #14
Hillary, the Banksters Committed 'Fraud,' Not 'Shenanigans' Octafish Apr 2016 #45
K&R Hiraeth Apr 2016 #15
Phil Gramm works at UBS Octafish Apr 2016 #47
Senator Gramm is a Good Guy now....Haven't you gotten the memo? Armstead Apr 2016 #16
It is amazing, believing what history shows otherwise. Octafish Apr 2016 #49
They are all Cronies Octafish, you know this...Bernie- has a minor in cronyism LOL snooper2 Apr 2016 #17
Until Vietnam, I didn't believe people could sacrifice their integrity. Octafish Apr 2016 #50
Except wrt to the Panama Papers, a lot of us were painfully aware of this back in the day... 2banon Apr 2016 #18
Thank you, 2banon! That's why the Infodump: to Clog the Memory Hole. Octafish May 2016 #55
K & R! It's all a cozy little country club, isn't it? southerncrone Apr 2016 #19
I like the way your thinking...I want them to feel the Bern...fuckers. Evil! nt haikugal Apr 2016 #29
Kick n/t bobthedrummer Apr 2016 #20
The corruption is high there jfern Apr 2016 #23
Thank you for the information. It's amazing the way these people operate.. think Apr 2016 #26
k&r silvershadow Apr 2016 #27
One good ole boys (and girls) club... tex-wyo-dem Apr 2016 #30
I fucking love you. Hell Hath No Fury Apr 2016 #32
^ bobthedrummer Apr 2016 #33
K&R azmom Apr 2016 #41
Also...its Amazing where Clinton Campaign People have ended up in their Afterlife.. KoKo Apr 2016 #44
It's like a reward for all their hard work in government service. Octafish Apr 2016 #52
K&R nt raouldukelives Apr 2016 #51
Buy-Partisan me b zola Apr 2016 #54
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