Can Phil Gramm Run Fast Enough
Another greedy Republican crook from Texas, former Senator Phil Gramm, might be one step ahead of a couple of indictments. At the very least, he’s once again unemployed. Until, of course, a money changer spot opens up at the temple.
Gramm’s leadership at UBS has come to a halt. They call it a “retirement.” What a nice word for getting the hell outta Dodge.
Gramm was the mover and shaker at UBS when all hell broke loose and UBS found itself at the center of international banking hanky-panky. While in the senate, he passed the laws to make it possible for UBS to hide American money from taxes, and then when he left the senate in 2003, he went to work for UBS.
Nice job, huh? Things went great for a while, money flying out of this country, making Phil and his friends rich and beloved.
But,
Guess the bank must have been disappointed when he wasn’t able to get them out of the mess their greedy tax evasion business got them into. Hmmm. That does make one wonder just how much Gramm knew about UBS’s business of pushing secret accounts that the IRS couldn’t trace, smuggling diamonds in toothpaste tubes, and generally doing whatever necessary to make loads of money by helping US taxpayers avoid their tax liability under US tax laws?
PS In a “serves it right” result, UBS reported a fourth quarter net profit decline of 76%…..
Haircuts and drinks are on the house the day Gramm is indicted.
One other interesting note. Although he never registered as a lobbyist, Gramm “helped build the UBS Office of Public Policy in Washington, D.C.”
Well, if Newt can be paid to be a historian instead of a lobbyist, I guess Phil can be paid to be a water boy.
Thanks to Alfredo over at the Dairy Queen for the heads-up. Don’t forget: this week only, if you order a Blizzard and mention that you saw it on Juanita’s, Alfredo promises not to charge you extra. This offer is only good until Saturday.