Switzerland Freezes Any Swiss Assets Tied to Mubarak to Avoid Risk of Misappropriation

I originally posted the following information and commentary onto my Facebook wall…

2011-02-11 - Switzerland Freezes Any Swiss Assets Tied to Mubarak to Avoid Risk of Misappropriation

Switzerland Freezes Any Swiss Assets Tied to Mubarak:
http://news.yahoo.com/s/ap/20110211/ap_on_bi_ge/eu_switzerland_mubarak

(update: archived copy of above link located here: http://web.archive.org/web/20110215163906/http://news.yahoo.com/s/ap/20110211/ap_on_bi_ge/eu_switzerland_mubarak)

(Yahoo News)  The Swiss government on Friday froze any assets belonging to former Egyptian President Hosni Mubarak or his family in Switzerland.

Foreign Ministry spokesman Lars Knuchel said the order took effect immediately but gave no details on what bank accounts or other assets Mubarak or his family might have in Switzerland.

He spoke as pro-democracy demonstrators in Cairo were jubilantly celebrating the announcement that Mubarak has resigned after nearly three decades of authoritarian rule and handed power over to the military.

“(The government) wants to avoid any risk of misappropriation of state-owned Egyptian assets,” the Foreign Ministry said in a statement. It also forbid the sale of any assets, especially real estate holdings.

(Read entire article here…)

My Commentary: According to Switzerland’s Foreign Ministry, “(The government) wants to avoid any risk of misappropriation of state-owned Egyptian assets.”

It’s too bad that the criminal Mubarak has already swindled and amassed a fortune far greater than the contents of just Switzerland’s banks! Just last week, his family quietly slinked off to the UK with an undisclosed amount of Egypt’s riches!

Mubarak’s Family Flees to London with Almost 100 Suitcases:
http://www.londonnet.co.uk/news/2011/jan/mubarak-family-flee-london-president-could-follow.html

American Government, or Individual Sovereignty?

The following debate originally took place upon my Facebook wall, after I shared the lyrics to my song, “America“…

"Structural Corruption"

“Structural Corruption”

Anthony T.: This country is pretty messed up, but do you know of a better alternative?

Rayn: Being forced to choose between flawed government systems creates the “FALSE PARADIGM.” Here’s another alternative: How about INDIVIDUAL SOVEREIGNTY!? It may not be available right now, but that doesn’t remove it as an alternative, or eliminate it as reasonable way of life! This is vastly superior to being a SLAVE! And, if that answer doesn’t suit you, here’s another alternative: Switzerland. For one, the taxes very reasonable. Unlike here, where everyone but the rich pays 30.8%, almost no one pays over 30% (this is why the rich keep their money in Swiss Banks). Their policies make them one of the richest countries in the world by per capita gross domestic product. Out of their three global cities, Zürich & Geneva have respectively been ranked as having the first and second highest quality of life in the world! Also, as all men are required to join the militia, and must keep their service guns in their home, crime is very low! And, unlike America, the Swiss remain neutral unless attacked!

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