Posts Tagged ‘
Bob Bauman ’
Oct 30th, 2008 |
By Bob Bauman |
Category: International Investing
Swiss banks are being targeted by EU officials desperate to blame someone for this financial crisis. But Bob Bauman says the country is strong enough to resist external calls to reform its bank secrecy and tax laws.
Tags: Bob Bauman, EU, euro, offshore assets, Swiss banking, Tax Haven
Posted in International Investing |
Oct 16th, 2008 |
By Bob Bauman |
Category: International Investing
Even the Swiss are joining in the bank bailout game. The two biggest banks, UBS (NYSE:UBS) and Credit Suisse (NYSE:CS), have taken dramatic steps to offload toxic debt and raise working capital. But Bob Bauman says investors shouldn’t worry about the country’s banking system. It is still the place to safeguard your assets from the financial meltdown.
Tags: Bob Bauman, credit crisis, CS, government bailout, Ubs, US Banking
Posted in International Investing |
Oct 6th, 2008 |
By Bob Bauman |
Category: Politics & Economics
The name of the US Department of Homeland Security has always rankled former Congressman Bob Bauman. He says it sounds like something Josef Goebbels would have dreamed up. More worrisome, however, is the provision that came into law two years ago that gives the president the power to deploy US armed forces for domestic duty within the US…
Tags: , Bob Bauman
Posted in Politics & Economics |
Sep 23rd, 2008 |
By Bob Bauman |
Category: Politics & Economics
I came into the world in the middle of the Great Depression. My late father was an accomplished musician, so he was lucky enough to work three part-time jobs to keep his family together through the worst of it.
Tags: , Bob Bauman, credit crisis, government bailout, US Banking, US Jobless Rate, US recession
Posted in Politics & Economics |
Sep 10th, 2008 |
By Bob Bauman |
Category: Politics & Economics
Bob Bauman, a former congressman and current legal counsel to The Sovereign Society, says investors should look to protect their assets with offshore banking. Bob reckons a major financial storm is brewing in the US. Public deficits and debt are growing rapidly, and more banks are likely to go under before the year is up. Offshore banking offers more privacy, fewer taxes and regulations, and the chance to diversify risk.
Tags: , Bob Bauman, credit crisis, US Banking
Posted in Politics & Economics |
Sep 1st, 2008 |
By Bob Bauman |
Category: International Investing
Two months ago, a U.S. District Court judge in Miami, Florida, authorized the U.S. Internal Revenue Service to go after information from Switzerland’s largest bank, UBS (NYSE:UBS). The Sovereign Society’s Bob Bauman says that, alhtough UBS may have hung its clients out to dry, the Swiss government is still prepared to stand up to U.S. lawmakers to protect private banks’ clients…
Tags: , asset protection, Bob Bauman, Ubs
Posted in International Investing |
Aug 22nd, 2008 |
By Bob Bauman |
Category: Politics & Economics
The Sovereign Society’s legal expert Bob Bauman says claims that U.S. corporations do not pay any tax are overblown and misleading. Many are not paying taxes in a certain year because they had no taxable profits in that year. And with one of the higest corporate tax rates in the industrialised world, it should be expected that companies are moving their business operations offshore. More from Bob…
Tags: Bob Bauman, corporate taxes, Gm
Posted in Politics & Economics |
Aug 22nd, 2008 |
By Bob Bauman |
Category: International Investing
The tiny Principality of Liechtenstein may not have Switzerland’s prestige, but its strict bank secrecy laws have made it one of the best places to conduct offshore financial activity. Bob Bauman in The Sovereign Society says Liechtenstien’s proposals to clamp down on tax evasion will not dramatically affect the appeal of this tax haven. Limited co-operation with foreign governments may increase, but an upcoming election will preclude any broad opening of the banking system.
Tags: assest protection, Bob Bauman
Posted in International Investing |
Aug 14th, 2008 |
By Bob Bauman |
Category: Gold Market
Sovereign Society members and readers often ask me if there’s any U.S. law that forces them to report their gold, silver or other precious metals to the U.S. government - especially if they hold those precious metals in foreign accounts or safety deposit boxes.
Tags: , Bob Bauman, Bullion, gold, perth mint, silver
Posted in Gold Market |
Aug 7th, 2008 |
By Bob Bauman |
Category: Politics & Economics
Bob Bauman says more Americans than ever are leaving the United States to escape the clutches of the IRS. Those departing are generally wealthy and talented… and they getting younger. The loss of tax revenue may pale in comparison to the future problems of a brain drain…
Tags: , Bob Bauman
Posted in Politics & Economics |