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Subscribe to RSSSwitzerland has frozen assets possibly belonging to Hosni Mubarak, a Foreign Ministry spokesman tells Reuters.
The spokesman declined to specify how much money was involved. Protesters in Cairo's Tahrir Square have told NBC News that not only did they want Mubarak out, but they also "want the money back," as one said.
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It would be nice to think that the Swiss bankers would do the right thing for a change. Freezing the assets is not confiscation. However, Hose-Nose Mubarak would likely have to offer some credible account of how he got this loot.
If the banks don't ask where the money comes from they can't demand it after the fact. It is his he should be allowed to keep it. Just like all the money and war loot Germany put in the Swiss banks. When the people who claimed it was theirs the Swiss said no it isn't with out proof of ownership. This tells me no one should bank with the Swiss cheezers. They lie just like all the other bankers when they have to give up the money.
But the israeli banks won't freeze his accounts....
The equation is simple: will the secular "middle class" of egypt have the stomach or even desire to prevent a muslim extremist sectarian theocracy take over?
"Even though the Brotherhood has been hammered by state security over the years, it remains a formidable force in Egyptian life"
The muslim brotherhood in the 2005 parliamentary elections won one fifth of the seats in parliament, more than any opposition group EVEN THOUGH THEY WERE "HAMMERED".
It works like this: fundamentalist extremists are given a fractional representation in the new "democratic" parliament, within months, two years at the most, being the most organized and constant aggressive- the fundamentalists simply take over bit by bit then snowballing.
US politicos of all stripes are too stupid to be proactive rather than reactive, thus another foreign policy disaster, controlled by short term wall st profit stupidity- while china and the muslim extremists plan for the future.
The US news media (what remains of it after convenient repeated "budgetary cuts" replace intelligent analysis with what snooky is doing) report this story today as talking happy happy head idiots. "can't have a celebration without a rooster…" as some idiot celebrant drags a rooster into the square.
"I don't think the Americans understand yet the disaster they have pushed the Middle East into"
As iraq was handed to iran, the muslim extremist sectarian theocracy take over accelerates.
Thanks george bush and neo-cons- their "vision" of a profitable democratic middle east explodes in our faces, not theirs...By the way today is the 32nd anniversary of the iranian revolution.
Give it ALL back to the ORIGINAL SOURCE: the AMERICAN TAXPAYER!!!
Suddenly Switzerland is picking and choosing whose privacy they will respect? Suddenly the Swiss believe they are going to decide who can have access to the assets they have in the bank?
The Swiss are showing a sudden decision to take sides. Interesting. Bustem is right on the money.
The extremist are gop selling guns to both sides. If true demo crap se existed we would not be in this condition now, here or world wide. Here in the united corp. Of America funding and arming both sides in any conflict is the gop making the world a war zone in the name of profit, while hiding behind the flag.
How much has Switzerland profited by investing the ill-begotten funds of kleptocratic dictators over the decades? Let's make it simple and only consider the continent of Africa. Billions and billions. It seems time for a little more sunshine on Switzerland's contribution to world poverty and oppression. It does not need to be simply tolerated. Journalists please help.
Always Swiss bank take suddenly decision which is more interesting.........
Politicos of all stripes are too stupid thus another foreign policy disaster.......................