"Panama Papers" Leak
- Thread starter whitecoast
- Start date
Perhaps. The problem is that even if they do reveal anything about the US, the first blow is the hardest when it comes to the media. By then, the meme that "Panama Papers = Putin corrupt" will have solidified in people's minds (that is, the people who only read headlines), and any further revelations will be about a topic that will no longer be so exciting anymore.
Isn't iceland that jailed bankers and rejected austerity?.itellsya said:
_http://www.worldfinance.com/infrastructure-investment/government-policy/failing-banks-winning-economy-the-truth-about-icelands-recovery
I find it interesting that icelanders protesting for the resignation of the PM. Is it a new frontier that was created for real players to create leak revolutions to put their puppets in power?.
How 'search' of data is done is interesting. They have a search engine, that gives the data in 'spurts'. So, it is NOT dump of the data given to every body for searching.
This is from indian new paper 'Indian express' that participated in the project.
if some body handpicking the data that can be released, we have to question lot of things. We have seen enough of google manipulating search results, mainstream media cherry picking to fit it into its agenda etc.
This video shows how these companies work
This is from indian new paper 'Indian express' that participated in the project.
if some body handpicking the data that can be released, we have to question lot of things. We have seen enough of google manipulating search results, mainstream media cherry picking to fit it into its agenda etc.
This video shows how these companies work
angelburst29
The Living Force
Iceland - an estimated 22,000 Icelanders slung eggs and protested outside the Parliament building.
"What really matters is the architecture of wealth extraction that has been systematically built up in every country around the world [in order to] hoard as much wealth as possible in the hands of a tiny elite."
—Joe Brewer, The Rules
Eggs Fly in Iceland as Panama Papers Spark Populist Anger in the Streets
http://www.commondreams.org/news/2016/04/04/eggs-fly-iceland-panama-papers-spark-populist-anger-streets
Foretelling the kind of public backlash other ultra-rich tax dodgers can expect following the weekend release of the so-called Panama Papers, tens of thousands of Icelanders rallied in Reykjavik on Monday demanding the resignation of Prime Minister Sigmundur Davíð Gunnlaugsson.
Gunnlaugsson is just one of the officials facing reprisal after a massive leak of 11.5 million documents from the global law firm Mossack Fonseca revealed a rigged system of elites who use shell companies in offshore tax havens to stash untold fortunes.
And as an estimated 22,000 Icelanders slung eggs and protested outside the Parliament building, observers wondered who would be exposed next and what the total impact might be on the corrupt global system that appears to have been built to specifically benefit the one percent.
Rana Foroohar, assistant managing editor of economics and business at TIME magazine, argued Monday that the corruption exposed in the Panama Papers will likely build on the mounting populist frustration—captured by the Occupy Wall Street movement, global anti-austerity protests, and the 2016 U.S. presidential election—and could potentially "lead to capitalism's great crisis."
Foroohar writes:
The Panama Papers illuminate a key aspect of why the system isn’t working–because globalization has allowed the capital and assets of the 1 % (be they individuals or corporations) to travel freely, while those of the 99 % cannot. Globalization is supposed to be about the free movement of people, goods, and capital. But in fact, the system is set up to enable that mobility mainly for the rich (or for large corporations). The result is global tax evasion, the offshoring of labor, and an elite that flies 35,000 feet over the problems of nation states and the tax payers within them.
Where do we go from here? I think we’re heading towards a root to branch re-evaluation of how our market system works–and doesn’t work. The debate over free trade is part of that re-evaluation. The calls for a global campaign against tax evasion are, too. I think there will also be intense scrutiny about the ease with which financial capital can move around the world—we’ve already seen that with the hoopla over tax inversions, but we’ll see a lot more backlash, in new areas.
Similarly, Vox's Matthew Yglesias points out that the Panama Papers tap into the same economic critique as the Bernie Sanders campaign. "Deliberate choices," writes Yglesias, regarding trade, tax policies, and global economic integration, "are made that advantage some and disadvantage others; working-class residents of rich countries generally get the short end of the stick, not because of choices that help the global poor but because of deliberate efforts to safeguard the interests of the global financial elite."
Indeed, one day after the Washington, D.C.-based International Consortium of Investigative Journalists began reporting on the leak, a few key villains have emerged, including: Russian President Vladimir Putin, Syrian President Bashir Assad, Argentine soccer star Leo Messi, Ian Cameron (father of current British Prime Minister David Cameron), and Alaa Mubarak, son of ousted Egyptian President Hosni Mubarak.
In a column published at The Rules on Monday, Joe Brewer warns against reading the Panama Papers as "a few bad apples using legal financial instruments." Instead, Brewer argues that such financial manipulations date back to the era of colonialism and slavery, which "gave certain Western nations a huge amount of wealth that has since been used to rig global institutions like the International Monetary Fund and the World Bank in a manner that keeps this historic trend going strong."
"What really matters is the architecture of wealth extraction that has been systematically built up in every country around the world," Brewer says, the purpose of which "was to hoard as much wealth as possible in the hands of a tiny elite."
And given that the global system of corruption was largely "architected" by Western corporations and elites, observers are suspicious about what they describe as "selective reporting" on the part of Western media companies, which admittedly filtered the leak by searching certain names associated with breaking UN sanctions regimes.
"The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda," charged Craig Murray, author and human rights activist who formerly served as the British Ambassador to Uzbekistan. "There is no mention at all of use of Mossack Fonseca by massive Western corporations or Western billionaires—the main customers."
Responding to such concerns, Stefan Plöchinger, editor of Süddeutsche Zeitung, wrote on Twitter: "Just wait for what is coming next."
And while many are waiting for the other proverbial shoe to drop, the CBC has already announced it will not release the names of the 450 Canadians exposed in the offshore leak, dismissing the group—which reportedly includes "lawyers, mining and oil executives, business people, and even known fraudsters"— because none of them were deemed "prominent personalities."
Amid the scandal, groups are calling on the U.S. government to take action to stem the tax evasion and corruption now laid bare.
"The Panama Papers is the biggest leak we've ever seen on how global corruption and tax evasion is facilitated," said Eric LeCompte, executive director of the religious development group Jubilee USA. "This leak is a blueprint for how the most vulnerable people in the world are harmed by financial secrecy."
Jubilee is asking Congress to pass the recently-introduced Incorporation Transparency and Law Enforcement Assistance Act (HR 4450, S 2489), which would make it more difficult for parties to set up offshore shell companies, which have a record of fueling "corruption, poverty, human trafficking, and armed conflict."
"What really matters is the architecture of wealth extraction that has been systematically built up in every country around the world [in order to] hoard as much wealth as possible in the hands of a tiny elite."
—Joe Brewer, The Rules
Eggs Fly in Iceland as Panama Papers Spark Populist Anger in the Streets
http://www.commondreams.org/news/2016/04/04/eggs-fly-iceland-panama-papers-spark-populist-anger-streets
Foretelling the kind of public backlash other ultra-rich tax dodgers can expect following the weekend release of the so-called Panama Papers, tens of thousands of Icelanders rallied in Reykjavik on Monday demanding the resignation of Prime Minister Sigmundur Davíð Gunnlaugsson.
Gunnlaugsson is just one of the officials facing reprisal after a massive leak of 11.5 million documents from the global law firm Mossack Fonseca revealed a rigged system of elites who use shell companies in offshore tax havens to stash untold fortunes.
And as an estimated 22,000 Icelanders slung eggs and protested outside the Parliament building, observers wondered who would be exposed next and what the total impact might be on the corrupt global system that appears to have been built to specifically benefit the one percent.
Rana Foroohar, assistant managing editor of economics and business at TIME magazine, argued Monday that the corruption exposed in the Panama Papers will likely build on the mounting populist frustration—captured by the Occupy Wall Street movement, global anti-austerity protests, and the 2016 U.S. presidential election—and could potentially "lead to capitalism's great crisis."
Foroohar writes:
The Panama Papers illuminate a key aspect of why the system isn’t working–because globalization has allowed the capital and assets of the 1 % (be they individuals or corporations) to travel freely, while those of the 99 % cannot. Globalization is supposed to be about the free movement of people, goods, and capital. But in fact, the system is set up to enable that mobility mainly for the rich (or for large corporations). The result is global tax evasion, the offshoring of labor, and an elite that flies 35,000 feet over the problems of nation states and the tax payers within them.
Where do we go from here? I think we’re heading towards a root to branch re-evaluation of how our market system works–and doesn’t work. The debate over free trade is part of that re-evaluation. The calls for a global campaign against tax evasion are, too. I think there will also be intense scrutiny about the ease with which financial capital can move around the world—we’ve already seen that with the hoopla over tax inversions, but we’ll see a lot more backlash, in new areas.
Similarly, Vox's Matthew Yglesias points out that the Panama Papers tap into the same economic critique as the Bernie Sanders campaign. "Deliberate choices," writes Yglesias, regarding trade, tax policies, and global economic integration, "are made that advantage some and disadvantage others; working-class residents of rich countries generally get the short end of the stick, not because of choices that help the global poor but because of deliberate efforts to safeguard the interests of the global financial elite."
Indeed, one day after the Washington, D.C.-based International Consortium of Investigative Journalists began reporting on the leak, a few key villains have emerged, including: Russian President Vladimir Putin, Syrian President Bashir Assad, Argentine soccer star Leo Messi, Ian Cameron (father of current British Prime Minister David Cameron), and Alaa Mubarak, son of ousted Egyptian President Hosni Mubarak.
In a column published at The Rules on Monday, Joe Brewer warns against reading the Panama Papers as "a few bad apples using legal financial instruments." Instead, Brewer argues that such financial manipulations date back to the era of colonialism and slavery, which "gave certain Western nations a huge amount of wealth that has since been used to rig global institutions like the International Monetary Fund and the World Bank in a manner that keeps this historic trend going strong."
"What really matters is the architecture of wealth extraction that has been systematically built up in every country around the world," Brewer says, the purpose of which "was to hoard as much wealth as possible in the hands of a tiny elite."
And given that the global system of corruption was largely "architected" by Western corporations and elites, observers are suspicious about what they describe as "selective reporting" on the part of Western media companies, which admittedly filtered the leak by searching certain names associated with breaking UN sanctions regimes.
"The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda," charged Craig Murray, author and human rights activist who formerly served as the British Ambassador to Uzbekistan. "There is no mention at all of use of Mossack Fonseca by massive Western corporations or Western billionaires—the main customers."
Responding to such concerns, Stefan Plöchinger, editor of Süddeutsche Zeitung, wrote on Twitter: "Just wait for what is coming next."
And while many are waiting for the other proverbial shoe to drop, the CBC has already announced it will not release the names of the 450 Canadians exposed in the offshore leak, dismissing the group—which reportedly includes "lawyers, mining and oil executives, business people, and even known fraudsters"— because none of them were deemed "prominent personalities."
Amid the scandal, groups are calling on the U.S. government to take action to stem the tax evasion and corruption now laid bare.
"The Panama Papers is the biggest leak we've ever seen on how global corruption and tax evasion is facilitated," said Eric LeCompte, executive director of the religious development group Jubilee USA. "This leak is a blueprint for how the most vulnerable people in the world are harmed by financial secrecy."
Jubilee is asking Congress to pass the recently-introduced Incorporation Transparency and Law Enforcement Assistance Act (HR 4450, S 2489), which would make it more difficult for parties to set up offshore shell companies, which have a record of fueling "corruption, poverty, human trafficking, and armed conflict."
Hindsight Man
Jedi Master
Windmill knight said:
I have to agree. And since people have a vested belief in the headlines they read they will get angry with your when you point out that they're wrong or that their opinion is at the very least based on incomplete facts.I'm sure we've all experienced this,so while getting the information out there on SOTT is important,we have to keep in mind that most people are lazy and won't bother to read.Especially if the information contradicts their programming.In other words,this is another successful attack on Putin (at least in the west).
The Corbett Report was good and an excellent item to share and share again. I created a hashtag: #PanamaPapersStink - because the whole thing stinks to high heaven. Looks like a number of alt journalists are cottoning on to this right away so it behooves all of us to help their efforts on social media. If 50 people are active this way, repeatedly, over a week or so, it can make a big difference.
itellsya said:
Plausibillity, and also:
http://www.sott.net/article/315794-Disinfo-campaign-commences-Panama-leaks-target-Wests-enemies-ignore-NATO-criminals said:
So is it about tightening Cameron's leash also? After all, as per others astute analysis, it appears the US is vying to beat the UK as Tax Haven extraordinaire. Or maybe something else..
seek10 said:
Well, to be fair, it appears from his reaction and the apparent 'facts', that he wasn't entirely honest. And considering Iceland's stance on Banksters you'd think he'd be more aware of his dealings and their impact, though i think he probably was aware.
That said, regarding creating a vacuum to stick in an easily manipulated and corrupt puppet, that would be quite saddening.
angelburst29
The Living Force
-
whitecoast said:Recently I was forwarded an article about a massive data leak from a panama law firm known as Mossack Fonesca, which sells anonymous companies around the world. At 2.6 Terrabytes, it is the largest data leak in history.
_http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3c3495adf4/
From the article:
Here's the BBC's coverage. Predictably it has been spun already: insinuating corruption in associates of Putin in Russia, as well as the Icelandic PM.
No word on the presence of Erdogan or the Clinton foundation in these shell companies, but like I said there is a LOT of data to dredge through.
_http://www.bbc.com/news/world-35918844?SThisFB
With the bolded statements above, in mind, I'm going to throw a curve-ball -
Eleven Million Documents - leaked - The source wanted neither financial compensation nor anything else in return, apart from a few security measures.
I speculate - RT Founder Mikhail Lesin leaked the confidential documents?
http://cassiopaea.org/forum/index.php/topic,39986.0.html
Edit=Quote
The more the west tries to implicate Putin into shady things, the more it becomes apparent that they simply having nothing at all in their hands to intimidate and blackmail him andmake him look bad. That is one of the main reasons why Putin managed to stay in power for so long now. If they would have any shred of real evidence against Putin, you can be sure that they would have proclaimed that loudly a long time ago and Putin would not habe been the leader anymore a long time ago as well.
Or in other words: It becomes pretty apparent that Putin has a completely clean record and thus the only option for the western elite is to create things out of thin air and thus with no real evidence. And even if they publish bogus "evidence" the russians can easily disprove it on any account.
They simply can't blackmail Putin and they are very mad about it.
Just a reminder what Putin had to say a couple of years ago:
Or in other words: It becomes pretty apparent that Putin has a completely clean record and thus the only option for the western elite is to create things out of thin air and thus with no real evidence. And even if they publish bogus "evidence" the russians can easily disprove it on any account.
They simply can't blackmail Putin and they are very mad about it.
Just a reminder what Putin had to say a couple of years ago:
seek10 said:
Targeting Iceland's PM with the these leaks could serve two purposes for the PTB. On one side it allows them to hurt the small country that dared defy the financial system, further destabilising the country's political situation. On the other side, the elite knew that the Icelanders would react strongly to their political leaders being implicated in any tax evasion case, given all that happen after the financial crisis. This gives the Panama Papers more "validity" in the Western press, with the impression that something is being done about it.
In this now famous interview the president of iceland "is exposed":
Notice that the interview itself was held before the leak occurred. Here it says that the interview was recorded in march by the swedish televising company SVT:
_http://www.businessinsider.de/icelands-prime-minister-walked-out-of-an-interview-2016-4?r=US&IR=T
The original article/video from SVT is here:
_http://www.svt.se/nyheter/statsministern-gar-mitt-i-intervjun
And the reported who asked him those question goes by the name of Sven Bergman. It would be interesting when exactly that interview was taking place, since Bergmann obviously knew about the upcoming leak at that point and asked rather sneaky questions for that upcoming leak. Maybe we can find something important/revealing out in that rigard there...
Poor president of iceland. He reacted to that interview trap pretty much how I would expect a decent person to react, towards sneaky journalists, who's only agenda is to maneuver you into a sandtrap with every question.
Obviously the PTB don't like how the icelandic government has reacted to the banking scandal: Convicting the responsible bankers and putting them into prison and making them responsible.
Notice that the interview itself was held before the leak occurred. Here it says that the interview was recorded in march by the swedish televising company SVT:
_http://www.businessinsider.de/icelands-prime-minister-walked-out-of-an-interview-2016-4?r=US&IR=T
The original article/video from SVT is here:
_http://www.svt.se/nyheter/statsministern-gar-mitt-i-intervjun
And the reported who asked him those question goes by the name of Sven Bergman. It would be interesting when exactly that interview was taking place, since Bergmann obviously knew about the upcoming leak at that point and asked rather sneaky questions for that upcoming leak. Maybe we can find something important/revealing out in that rigard there...
Poor president of iceland. He reacted to that interview trap pretty much how I would expect a decent person to react, towards sneaky journalists, who's only agenda is to maneuver you into a sandtrap with every question.
Obviously the PTB don't like how the icelandic government has reacted to the banking scandal: Convicting the responsible bankers and putting them into prison and making them responsible.
This is sweet :D
PanamaPapers: What They Didn't Tell You About Putin's True Wealth
http://sputniknews.com/politics/20160405/1037523060/putin-personal-wealth.html#ixzz44y42yxtq
From the article:
[quote author= Pashalis]Obviously the PTB don't like how the Icelandic government has reacted to the banking scandal: Convicting the responsible bankers and putting them into prison and making them responsible.[/quote]
It also attacks the human-spirit by associating a man of corruption who was mainly responsible for jailing the banksters. People of good conscience who get things done boost morale. Hopefully it isn't over yet. Iceland should put up their own investigation and find out the truth. And maybe in that process they can learn a thing or 2 about how the PTB operates. They are afterall victims and enemies of the Elite and by that should treat them at such.
PanamaPapers: What They Didn't Tell You About Putin's True Wealth
http://sputniknews.com/politics/20160405/1037523060/putin-personal-wealth.html#ixzz44y42yxtq
From the article:
[/quote]
[quote author= Pashalis]Obviously the PTB don't like how the Icelandic government has reacted to the banking scandal: Convicting the responsible bankers and putting them into prison and making them responsible.[/quote]
It also attacks the human-spirit by associating a man of corruption who was mainly responsible for jailing the banksters. People of good conscience who get things done boost morale. Hopefully it isn't over yet. Iceland should put up their own investigation and find out the truth. And maybe in that process they can learn a thing or 2 about how the PTB operates. They are afterall victims and enemies of the Elite and by that should treat them at such.
