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Tax havens aren't illegal, but stealing your/a country's wealth through corruption is.
Putin has long been suspected of stealing billions but I want to know why other names aren't published?
At the end of the article is says "Mossack Fonseca says offshore companies are available worldwide and are used for a variety of legitimate purposes."
However, if you are a government that believes in wealth confiscation then this is a gold mine.
- And practically every govt on earth believes in confiscating the wealth of it's citizens.Hayoth
- just the poor citizens though, the uber rich are untouchable it seems._niko
- let the filthy rich keep their stolen money, they do it everyday in america, why not the world?Drumpf
Something strange about this story. Tax havens are nothing new and the majority of this apparently massive leak is just emails. Seems like the story is more about the leak than any loosely implied illegal action.
- Even the name of the story is very hyperbolic.IRNlun6
- And apparently only $2bn in assets, that happen to link to Putin and his friends. This story feels very crafted.IRNlun6
- These papers were published on Sunday, yet every media outlet has a highly polished presentation?IRNlun6
- A bunch of different media groups were working together on ityuekit
Meh. Like, really meh.
Not because I don't think this isn't scandalous in any way, I do.
The thing is everyone has known that the people at the top — politicians, business people, athletes, celebrities and so on — are crooked, exploitative, self-enriching cunts. If we didn't have the concrete proof before, the suspicion was so strong and so commonly found that it was de facto for all of us. Despite these strong (and well-founded) suspicions, it's not like people rose up en masse to overthrow the corruption and the ruling class, is it?
This leak will change nothing. It's just the confirmation of a long-held suspicion, and people will simply shrug their shoulders and say, 'Well, I was right', then carry on with whatever it was they were doing — all the while thinking there's nothing they can do, this is just how things go and no-one goes punished for it.
The WikiLeaks produced no results in the end, the NSA leaks barely caused a ripple after the initial outrage, and so on and so forth.
We're all so tired, beaten down and think we're all powerless that this will be a thing in the papers for a couple of weeks, there might be a couple of red faces, but nothing substantial or meaningful will come of it and it will die down and go away after the initial media blast.
Cynical? Fucking right I am.
- In other words: if people are expecting a Mr Robot-style result from this, they're sadly mistaken.Continuity
- Full disclosure: I'm not trying to be sanctimonious. I'm just as guilty of shoulder-shrugging apathy as the next guy. Just trying to make my way in life ...Continuity
- ... like everyone else.Continuity
A take down by Western Governments - our security agencies are leveraging the Snowden Effect with a concerted campaign in cahoots (willingly or obliviously, who can say?) with international 'democratic' media to pull the rug from under Mr Putin and chums and probably with a long-eye toward meddling with the future of money.
They've chosen a first target that includes a few sacrifical western lambs to keep it all looking legit, but this is just the beginning in a long slog to maintain western hegemony, shit on Russia and othersuch state actors, and to shift currencies over to fully traceable, unlaunderable currency.
- I should've invested in gold a decade ago and gone to live in the mountains. I knew it.detritus
- I live in the mountains... Bring a bag next time, i'm short in gold nowOBBTKN
- I only have tinfoil these days. Not even a full roll. Although I've a draw full of crumpled hats made from the stuff.detritus
- *drawer, idiot.detritus
- Putin will be the least effected. Dont u think Russians didn't know how rich he was? This is a blow to "democratic" statesBeeswax
This is why average joe votes for right wing parties.
People feel betrayed by everyone, esp. by 'the rich' and this kind of news is just another confirmation.
I think I'm dyslexic, I read 'Parappa Rappa' :(
Don't be surprised to find the Bush, Clinton oligarch in there somewhere.
Didn't I say 2016, will be the defining year,
also check the UNAOIL scandal,
A bunch of venezuelan bolivarian-burguoise revolutionaries thugs appear on the leaks.
The Iceland PM walking away from an interview when he was asked about his offshore in Panama was priceless.
politicians pushing austerity policies and introducing new taxes while evading tax themselves. .
and they say people can't keep a secret..
yet this panama watergate ie canal .. was kept away from the light for months.
This is most impressing..
"Eleven million documents held by the Panama-based law firm Mossack Fonseca have been passed to German newspaper Süddeutsche Zeitung, which then shared them with the International Consortium of Investigative Journalists. BBC Panorama and UK newspaper the Guardian are among 109 media organisations in 76 countries which have been analysing the documents. The BBC does not know the identity of the source"
Regardless the root cause/purpose/intent of all this—
I am *very* glad to see that at least the idea or spirit of journalistic virtue is getting an inflation with this and the Snowden revelations.
It felt for a good 15 years there that Capital J Journalism was lying in the gutter with the crap beaten out of it by the internet and commercial pressures.
I hope this inspires our younger generations as I hope it inspires everyone who's become too accustomed to free media that there are perhaps things still worth sticking our hands in our pockets and actually paying for.
still though, poor people on benefits and refugees are to blame for our cash starved public services.