Panama Papers
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- utopian0
Where are all the Americans in the Panama Papers?
http://fusion.net/story/287671/a…- they are coming man, you just watch the names, of course the sheep will still say BAAAAAAAAAAAAAAAHdrake-von-drake
- instrmntl0
- It's extremely naive to think that the scandal is the result of Panama opening its doors to tax heavens.
Blame it rather on the corruption of minds of those whopr2 - reach for highest echelon of power (hint: like those who run for presidency...).pr2
- ^ Do you mean Hillary Clinton?drake-von-drake
- http://www.zerohedge…drake-von-drake
- i meant Clinton, Sanders and the other clowns.pr2
- It's extremely naive to think that the scandal is the result of Panama opening its doors to tax heavens.
- instrmntl1
How Reporters Pulled Off the Panama Papers, the Biggest Leak in Whistleblower History
“This is pretty much every document from this firm over a 40-year period,” ICIJ director Gerard Ryle told WIRED in a phone call, arguing that at “about 2,000 times larger than the WikiLeaks state department cables,” it’s indeed the biggest leak in history.
- Hayoth0
This is as big as edward snowdens revelations.
This thread is relevant to all of us.
I still don't understand why any US government officials aren't on here...We all know damn well we have corrupt politicians who have stolen and committed criminal acts.
http://www.nbcnews.com/storyline…
The commonality between all of these 'shady's' is they run or worked in communist govts or countries and stole from the people.
- Oh, they will be you watch. I bet the surname is Clinton.drake-von-drake
- I heard that only names revealed were done on purpose. Some kind of banking coup going onDillinger
- IRNlun60
Much like Snowdens revelations, can any of this information be used in court? The only justice these heads of state will see is feeling guilty and resigning to their private islands.
Dangerous times we're in. Media shouldn't be inciting castrated mobs to go after people without trial. Which is the only kind of justice many will demand when they see courts unable to go after these people. Presumption of innocence be damned.
- This would never happen if the entire world was under a glorious, gleaming, Communist jackboot.face_melter
- Dillinger2
Who benefits from the leak
- Exactly - this whole affair reaks of "cui bono?"detritus
- always hated U2drake-von-drake
- drake-von-drake-2
^ Yet, it seems that when we see recent "leaks" such as:
The IMF needing "an event" to leverage Germany into taking a haircut on Greek debt;
The hubris of the Hillary Clinton campaign funding. The Clinton Foundation's tax re-filings, tainted donations, diplomatic favors, curious State department approvals (Clinton business as usual), and
The Rich and Famous Financial Asset Obfuscation Network exposed.
...we are shocked and dismayed by the covert and overt corruption in the global financial system.
- nb4
The Obama administration was so quick to call Edward Snowden a traitor, but seems quite happy to get these leaks.
Fucking politicians.
- we agree, similarly Hillary is against Snowden and Assange. http://www.newyorker…drake-von-drake
- Yes, of course she would be. Aren't all US politicians anti-Snowden? At least publicly?nb
- IMO, they have to be, he's uncovered too much. it makes them ALL look bad, because when it comes down to it, they play off of one anotherdrake-von-drake
- it's bad enough he was a whistle-blower, but showing the hypocrisy of their ventures really hits home and harddrake-von-drake
- take a look above or below, Obama and his minions were in on this kind of shit for some time.drake-von-drake
- Read my original comment about wealth confiscation. That is intent of these leaks. Its not to bust illegal activity.Hayoth
- Even though offshore companies are illegal the govt will say "your not paying taxes" and people need free school, therefore we will confiscate your money.Hayoth
- Classic marxist operation. And dont think for one minute its only the wealthy that will be targeted. The average citizen will also be targeted. The goal is to eHayoth
- Everyone poor so they can say look, equality. Except the politicians will exrmpt themselves.Hayoth
- Arent illegal*Hayoth
- ^ Nice emo postyuekit
- "Classic marxist operation!" hahahahahahahahahaha...nb
- Classic Marxist Operation
Isn't that a Fall album?face_melter - @Hayoth, you're right dude. Do as we say, not as we do. Obama, corrupt, Clinton, corrupt just as much as the others. People are too dumb to see itdrake-von-drake
- Bennn1
The Humanity is shit.
- drake-von-drake0
Let's see how these scumbags are connected to US politicians.
Here Are Some Of The Americans In The "Panama Papers"
http://www.zerohedge.com/news/20…
- drake-von-drake-2
Oops! Sorry Hillary you have more problems.
Obama and Clinton Supported and Enabled Tax Evasion Revealed By the “Panama Papers” / Sanders did not
http://www.zerohedge.com/news/20…Barack Obama pushed the trade deal with Panama which allowed the tax evasion revealed by the "Panama Papers" to flourish. Huffington Post reported in 2011:
Obama is also urging Congress to approve a trade agreement that would cement a key tax avoidance tactic deployed by some of the richest Americans.
***
Obama urged Congress approve three trade deals, including one with Panama that would permit Americans to easily stash assets in the Central American country, a notorious tax haven for the wealthy and American corporations.
***
Panama does have some of the most stringent bank secrecy laws in the world, making it extremely easy and inexpensive for U.S. citizens to set up offshore corporations and bank accounts. Establishing the corporation and bank account costs less than $2,000, and any money that Americans stash in these entities is not taxed. Bank secrecy laws and extremely lax corporate registration standards make it very difficult for the Internal Revenue Service to track transactions transferring funds to these Panamanian destinations from the United States. Small surprise, then, that Panama is home to nearly 400,000 offshore corporations, more than any other nation except Hong Kong.***
The trade agreement with Panama would effectively bar the U.S. from cracking down on this activity. The U.S. would not be allowed to treat Panamanian financial services transactions differently from transactions in nations that are not tax havens. It would also be unable to pursue some standard anti-money laundering techniques in Panama. Combating tax haven abuse in Panama would be a violation of the trade agreement, exposing the U.S. to fines from international authorities.
“It directly undermines Obama’s putative domestic agenda of job creation, cracking down on tax havens and collecting revenue from tax-dodging corporations,” said Lori Wallach, Director of Public Citizen’s Global Trade Watch. “The [free trade agreement] would forbid future use of existing policy tools to combat financial crime.”
Hillary Clinton did as well ...International Business Times reports:
Soon after taking office in 2009, Obama and his secretary of state [Hillary Clinton] — who is currently the Democratic presidential front-runner — began pushing for the passage of stalled free trade agreements (FTAs) with Panama, Colombia and South Korea that opponents said would make it more difficult to crack down on Panama’s very low income tax rate, banking secrecy laws and history of noncooperation with foreign partners.
***
Upon Congress ratifying the pact, Clinton issued a statement lauding the agreement, saying it ... "will make it easier for American companies to sell their products." She added: "The Obama administration is constantly working to deepen our economic engagement throughout the world, and these agreements are an example of that commitment."
But Bernie Sanders opposed the tax evasion deal with Panama, and prophetically warned in 2011:Panama’s entire annual economic output is only $26.7 billion a year, or about two-tenths of 1 percent of the U.S. economy. No one can legitimately make the claim that approving this free trade agreement will significantly increase American jobs. Then, why would we be considering a stand-alone free trade agreement with Panama, tiny little country?
Well, it turns out that Panama is a world leader when it comes to allowing wealthy Americans and large corporations to evade U.S. taxes by stashing their cash in offshore tax havens. And the Panama free trade agreement will make this bad situation much worse. Each and every year, the wealthiest people in our country and the largest corporations evade about $100 billion in U.S. taxes through abusive and illegal offshore tax havens in Panama and in other countries. So, according to Citizens for Tax Justice—and I quote—"A tax haven ... has one of three characteristics: It has no income tax or a very low-rate income tax; it has bank secrecy laws; and it has a history of non-cooperation with other countries on exchanging information about tax matters. Panama has all three of those. ... They’re probably the worst."
- http://www.ibtimes.c…drake-von-drake
- Really don't know if this can be made to stick to her, though, not without her being explicitly listed as a tax evader (which she probably is, but still).Continuity
- you're probably right, but read between the lines. educated voters should take note. low-information sheep will pull the lever for her (blacks, women, college)drake-von-drake
- demographicdrake-von-drake
- von yuri trollinDrumpf
- ^ coming from a green Drumpf. RIGHT MORONdrake-von-drake
- drake-von-drake-2
- yeah FUCKING crickets, your goddamn poster boy.drake-von-drake
- nb-3
- chukkaphob3
Here are the most famous celebrities named in the huge Panama Papers leak:
Jackie Chan (and his son, Jaycee)
Simon Cowell
David Geffen
Stanley Kubrick’s family
Pedro Almodóvar
Richard Attias (known for his marriage to Nicolas Sarkozy’s ex-wife Cecilia)
Nick Faldo
Sarah Ferguson, Duchess of York
Roksanda Ilincic
Family of Juanes (Juan Esteban Aristizábal Vásquez)
Robert Louis-Dreyfus
Lionel Messi
Heather Mills
Micheline Roquebrune (The wife of actor Sean Connery)
Jurgen Wolff
Daddy Yankee (Ramón Luis Ayala)
- eh. who cares.yurimon
- humanity and people with morals, ethics and a consciousness do. Duh.chukkaphob
- interesting... when you flick on the light the cockroaches rundrake-von-drake
- gov people siphoning $ is different people trying to avoid theft of their labor is ethical. sounds ethical. Theft is ethical if its legal what you iz sayin thenyurimon
- ^ WTF? you serious? hahaha. Jesus, dude, you really DO have issues. I'm done reading your stupid crap and responding.chukkaphob
- I think this is really a big deal and it turns the spotlight on these corrupt fucks who are wolves in sheep's clothingdrake-von-drake
- no Putin, but every western news source is implying he's in,
once again, I'm here shacking my head with disgustGeorgesII - ^ yepdrake-von-drake
- Lulz @ "Stanley Kubrick's family".nb
- Doity, doity, dirtydrake-von-drake
- Anyone understand what yurimon just said?????pango
- They did nothing illegal...show me the people who stole money from their own govt.Hayoth
- Of course the QBN Teabaggers don't care. Through a few more "naggers" on the list and they'll blame Obama!utopian
- A bunch of corrupt, immoral, greedy fuckwits... Just pay your fare share of taxes you cock sucking parasitic leeches!utopian
- Laundered money is the fuel that keeps organized crime, smugglers and drug cartels running smoothly and profitably.
eh. who cares.
yurimonutopian - lol daddy yankeemekk
- Nick Faldo?boobs
- MOTHERFUCKING NICK FALDO!!!! loldocpoz
- utopian0
"The ability to move and stash money secretly is the key weapon in any prosperous illicit business. It allows tyrants to loot nations, tycoons to rob consumers.
Laundered money is the fuel that keeps organized crime, smugglers and drug cartels running smoothly and profitably."
- Los Angeles Times
- utopian1
The release contained 11.5 million documents chronicling the formation and actions of 214,000 offshore companies along with the names and manipulations of more than 14,000 clients. Among the clients are:
• 12 heads of state
• More than 150 politicians
• 29 billionaires on the Forbes list
• Multiple financiers of terrorism
• Nuclear-weapons proliferators
• Prominent sports and entertainment figures
• Numerous CIA-linked companies- I want more US people on this list, you know DAMN well there are moredrake-von-drake
- deathboy0
Is it just me or have I not really seen much relevant info about these papers. I smell what they're selling but I haven't seen it yet. So far it seems like trying to shame people for doing something legal but frowned upon. I haven't been following it to closely so I might be missing something. But if its just tax sheltering how is that so much different than investment in health savings or retirement accounts to evade taxes? Isn't it just smart business by gaming the system to the best of your ability. Dont hate the playa hate game sort of thing.
Unless there really is technically some illegal stuff but even in this thread Im not seeing mention of it...
- I'm sure there's some proper illegal stuff there but I haven't seen it either.
I don't feel offended by it.ORAZAL - They are bending the rules rather than breaking them. Cunning financial practises to set up companies in territories with beneficial tax laws then...face_melter
- ...providing said companies with funding to avoid paying tax on the cash in the person's country. It is more about the deliberate intent than the act itself.face_melter
- I know how it works. However, I've never heard anybody say anything positive about paying taxes [themselves].ORAZAL
- ok so im not missing muchdeathboy
- I'm sure there's some proper illegal stuff there but I haven't seen it either.
- OBBTKN0
A move to convert the US in the "safest" tax haven in the world, and by the way, a way of extortion to countries and governments
The World’s Favorite New Tax Haven Is the United States
