Panama Papers
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- 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
- 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.
- 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
- dmay1
- kinda making it easy to imagine how his head will look like on a spike... http://panamapapers.…kingsteven
- kingkong2
they should triangulate the data with Ashley madison
- IRNlun60
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
- deathboy-1
Saw this on the BBC. I like how the graph doesn't name the US but Nevada. Seems odd. But still trying to see how this stuff is newsworthy. Really seems like a bit of a public shaming game of thrones style. I saw soros was a backer of the news beakers, but not sure how it would help him. thought he was busy betting against chinese currency.
- makes total sense to me
http://www.ibtimes.c…drake-von-drake - Someone probably pissed off Soros and he was like OK fuck you.drake-von-drake
- Harry Reid's home state
http://www.theatlant…drake-von-drake - Of course if you want to hide your money there is Delaware "The First State".Drumpf
- Probably an attempt to re-legitimize mainstream journalism. Definitely a distraction from something.IRNlun6
- Perhaps we'll see more 'leaks' come spring or summer when Europe is really in for some shit.IRNlun6
- Drumpftard, I already said that, can you read?
there's always been Delaware
drake-von-drakedrake-von-drake
- makes total sense to me
- 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.
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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.
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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.
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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
- 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
- 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
- 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
- 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.
- WhiteFace0
I think I'm dyslexic, I read 'Parappa Rappa' :(
- ernexbcn1
A bunch of venezuelan bolivarian-burguoise revolutionaries thugs appear on the leaks.
- detritus1
I remember about 8 years ago a couple of friends going over to visit Panama for what I guess is this exact reason.
hahah, cunts.
*
nngh