Human Rights Alert (NGO)

Joseph Zernik, PhD PO Box 31440, Jerusalem 91313, Israel; josephzernik@humanrightsalertngo.org ;

" 91313 " 4413

12-10-30 FATCA US Foreign Account Tax Compliance Act (2011) defining the territory of the US legal/banking fraud racket
In FATCA, the US is forcing its own unlawful practices on the banks and banking regulators of other nations. Given the notorious corruption of US banks and US banking regulation, and the successive collapse of US financial institutions in recent years, responses of various nations to such US extortion define the territory of influence of the US-based legal/banking fraud racket. In the case of the State of Israel, Stanley Fischer, Israel's Banking Regulator appears to willingly capitulate to undermining the law and sovereignty of the State of Israel. The case provides a new perspective on US-Israel relationship, where the State of Israel is administered as a UScorporate province, and where the US is key to the corruption of the government of the State of Israel.

View as PDF: http://www.scribd.com/doc/111561244/

FATCA is clearly an act of a rogue nation. For simplicity sake:

LIFE OF LUIGI Luigi was born in Milano. He is a citizen and resident of ITALY. Luigi was born to parents, who were US citizens, and they obtained for him after birth a US passport. Luigi never set a foot in the US, never worked in the US, never did business in the US. Luigi keeps his savings in the Banco De Milano, in Milano, a financial institution that is chartered by the Republic of Italy, pursuant to Italian law. NOW Luigi gets a letter from Banco de Milano, unsigned, never naming the sending individual, or financial institution, demanding that Luigi waive his privacy to the US government, and also file annually tax returns with the US government, with copies to the Banco de Milano. Reason - there is pressure by the US government to do so. No basis in Italian law is ever even mentioned.

Obviously, such conduct amounts to extortion under the color of law. Therefore, the emerging map of nations, who submit to US extortion under FATCA defines the territory of the legal/banking fraud racket: UK says: Yes, let's put down the matrimony in writing See below a link to the September 2012 US-UK Bilateral FATCA Agreement, proposed UK FATCA implementation legislation, and a business advice page on FATCA compliance.. CANADA says: No, thank you! See below under the Wikipedia entry, controversy. GERMANY says Fine, we will not serve American customers any longer

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Conduct of German banks may amount to discrimination under German law. See below under the Wikipedia entry, controversy. SWITZERLAND says: No problem, but does it apply to numbered accounts? ISRAEL says Yes please, my place is your place In the current episode, the State of Israel is about to submit to the racket, with Stanley Fischer, Governor of the Bank of Israel and a Bilderberg member, as the key actor. The episode sheds new light on the US-Israel relationship, one where Israel is administered as a US corporate province. Surprisingly, the following lines were permitted to remain on Wikipedia under both the Stanley Fischer and FATCA entries:
Petition against Governor of the Bank of Israel Stanley Fischer, filed in October 2012 with the High Court of Justice, alleged that Fischer's failure to stop Israeli banks from acting on FATCA against Israeli customers, amounted to "replacement of his loyalty to the State of Israel and its laws, with loyalty to another nation and its laws and/or financial institutions and their interests" [19] 19 ^ "Joseph Zernik v Stanley Fischer (7650/12) Petition in the High Court of Justice of the State of Israel". 23 October 2012.

LINKS: [1] 12-09-14 U.S. Treasury Signs Bilateral FATCA Agreement with U.K._Accounting Today http://www.accountingtoday.com/news/treasury-signs-fatca-agreement-united-kingdom-63987-1.html [2] Implementing the UK-US FATCA Agreement (Acrobat PDF, 300KB) http://customs.hmrc.gov.uk/channelsPortalWebApp/downloadFile?contentID=HMCE_PROD1_032308 [3] Agreement Between The Government Of The United States Of America And The Government Of The United Kingdom Of Great Britain And Northern Ireland To Improve International Tax Compliance And To Implement FATCA. http://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-UK-9-12-2012.pdf [4] FATCA Wikipedia http://en.wikipedia.org/wiki/FATCA [5] Stanley Fischer - Wikipedia http://en.wikipedia.org/wiki/Stanley_Fischer [6] 12-09-07 The ongoing US-Israeli love affair a) historic perspective http://es.scribd.com/doc/105215258/ [7] 12-09-07 The ongoing US-Israeli love affair b) Landmark events in unannouncedregime change in Israel 19842002 http://es.scribd.com/doc/105237579/ [8] 12-09-10 The ongoing US-Israeli love affair c) Landmark events in unannounced regime change in Israel 2012 http://es.scribd.com/doc/105489646/ [9] 12-10-23 PRESS RELEASE Petition alleges Bank of Israel Fischer patronizes criminality at Bank

HaPoalim, BM http://www.scribd.com/doc/110868267/

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