US News Media Focus Only On Foreign Tax Dodgers In Panama Hacking Scandal

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The Power Players · ICIJ is a shadowy organization of hackers who managed to tap into a treasure trove of information from Panama which is a ‘offshore banking’ hiding hole for super rich people.  The hackers issued names of some of the top players in this game of hide the money and US news media actually reported this breaking news very briefly while concentrating mainly on Putin, not our own rulers.  Oh my, Putin is naughty, that is, some people around him!  But of course, Americans should be more interested in cleaning up our own pig sty mess and our media has now decided to not look more closely to this information trove.

 

Massive leak reveals moneyrings of global leaders

 

The data reveal details of secret offshore companies linked to families and associates of Egypt’s former president Hosni Mubarak, Libya’s former leader Muammar Gaddafi and Syria’s president Bashar Assad, among others. Also included: Ian Cameron, the late father of British Prime Minister David Cameron. The elder Cameron died in 2010.

 

It also alleges a billion-dollar money laundering ring run by a Russian bank tied to associates of Putin. The bank allegedly channeled money through offshore companies, two of which were officially owned by one of the Russian president’s closest friends.

 

“I think the leak will prove to be probably the biggest blow the offshore world has ever taken because of the extent of the documents,” said Gerard Ryle, director of the International Consortium of Investigative Journalism (ICIJ), a non-profit organization based in Washington, D.C., which coordinated the reporting.

 

Will Congress investigate this information?  Will Congress talk about this information?  Will our media go after this information?  I am sitting on pins and needles that are exceptionally soft and dull.  That is, I expect little to change here thanks to this information.  Our brazen rich will say, ‘Everyone does it!’  The point being that these tax havens are set up to prevent us from collecting taxes from the very rich and this is simply an example of rampant international tax haven money laundering going on across the entire planet.

 

The middle class remains the main source of funds for governments.  Do note that the tax haven people who exploit the US pay for our government via debt, not taxes!  And pray tell, who began the tax cuts/deficit spending?  Reagan, of course.

 

This tax haven information is so gripping, look at how it dominates the headlines at the NYT and WP:  The New York Times – Breaking News, World News & Multimedia

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HAHAHA.  Yesterday, both mentioned Putin, of course, as if this is of the greatest importance to US taxpayers who are aghast at high debt costs that are in the trillions of dollars!  Putin owes no taxes to US citizens.  Is any major media going to go after the list of names and corporations that exploit Panama’s tax haven system?  HAHAHA.  Bezos of Amazon fame who owns the Washington Post would drown in the Potomac River any reporter covering this story and going after him, for example.

 

My interest in this story is rather limited.  Simply because I already assume that everyone at the top of the economic pyramid, world wide, are looters.  This is normal for them and is directly connected to the concept of ‘free trade’ which was designed to destroy any ability to build unions, demand higher wages, and have some political say in how one’s country is run.  Instead, we are ruled by a gang that uses every tool possible to drive us all deeper and deeper into debt.

 

Public debt climbs to the heavens as personal debt is piled on and the school debt that 50%+ young people must take on these days and can never ever escape is just one terrible example of this.  The people who hide their wealth in Panama and that is most rich people in the US, are tax dodgers and Congress should vote to tax their hidden wealth even if it is hiding in Panama and we should have a treaty with Panama about this matter and we don’t because the people running our nation are these very same looters.

 


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10 Comments

Filed under .money matters

10 responses to “US News Media Focus Only On Foreign Tax Dodgers In Panama Hacking Scandal

  1. Petruchio

    Of course the American MSM is going to focus on Putin; the MSM owners have decided to give the Kardashians and Justin Bieber a break from the spotlight. And of course the Media Rulers aren’t going to discuss ANY meaningful domestic issue. Doing so would direct people’s attention to actual, REAL issues of concern. Why is that bad? Because, for example, if the economy is a news story, WHERE do you find any good news?? That’s right, NOWHERE.
    Once you start depicting issues that contain nothing but bad news-like the economy-the natural progression in people’s minds is to consider and then demand solutions. And if only one thing is certain, we know that the political wh#re class in Washington DC-and their owners-have no intention or desire to find meaningful solutions on subjects such as the US Economy.

  2. Mewswithaview

    Corporate Media Gatekeepers Protect Western 1% From Panama Leak: https://www.craigmurray.org.uk/archives/2016/04/corporate-media-gatekeepers-protect-western-1-from-panama-leak/

    Look what else broke at the same time . . . .

    Mainstream Media Ignores Blockbuster Expose of Massive Bribery in Iraq by Unaoil: http://www.nakedcapitalism.com/2016/03/mainstream-media-ignores-blockbuster-expose-of-massive-bribery-in-iraq-by-unaoil.html

  3. emsnews

    Yup. If Putin does something, it is headlines. Ditto, Trump. If our Real Rulers make news it is censored.

  4. Seraphim

    The connection between the renewal of the propaganda campaign against Russia (with the ridiculous throwing of the Pussy Riot tramps into the fray) and the flare up of troubles in Ukraine and the Caucasus area (on the model of Saakashvili war of liberation of South Ossetia) is not lost on anyone.
    Not on the Russians, to be sure.

    “Putin Aide Details Russia’s Gameplan Against the Empire. The Empire’s debt casino is unsustainable and the ruling oligarchy sees war as the only way to salvage their hegemony”, by Sergey Glaziev@http://russia-insider.com/en/politics/putins-aide-americas-business-new-world-war/ri13692:

    “The American political establishment has been brought up on the chimeras of nineteenth-century geopoliticians. American students study basic English and German geopolitical ideas of that time in political science classes. The main question back then was how to ruin the Russian Empire, and they still look at the world through the eyes of the XIX century ‘hawks’, when Great Britain tried to save its hegemony by starting the First World War, then lost their colonial empire after the Second World War. This is what American geopoliticians study in the State Department and the White House, continuing to look at the world through the prism of both the Cold War and British confrontations with Russia and Germany in the nineteenth century, and now the US is unleashing another world war.
    The combination of the objective problems of the American financial oligarchy, and the strange mindset of American geopoliticians threatens a world conflict. This has nothing to do with the Crimea. Any reason will do.”

  5. Christian W

    @3

    Except Putin did NOTHING. There is NO connection to Putin in the Panama papers. It is all MSM spin and propaganda.

    Seriously the US and NATO are so rotten now that any hint of the truth must be buried deep.

    http://off-guardian.org/2016/04/03/panama-papers-cause-guardian-to-collapse-into-self-parody/

    You’d be forgiven for thinking, given the above picture, that the Panama Papers had something to do with Vladimir Putin. Maybe he was a kingpin of the whole thing. Maybe he was, at least, among the 12 world leaders implicated in various shady financial practices – along with Petro Poroshenko, the saviour of Ukrainian democracy, and the King of Saudi Arabia (dad of the recent Légion d’Honneur winner).

    Luke Harding, a bastion of ethical journalism (and not at all a paranoid lunatic), has churned out 2 articles totaling over 5000 words, each using the word “Putin”, almost as often as they use the phrases “allegedly”, “speculation suggests”, “has been described as” and “may have been”.

    Neither of his articles mentions by name any of the 12 world leaders, past and present, actually identified in the documents, nor do they mention David Cameron’s dad, who is also in there. No, they focus on a cellist friend of Putin’s, talk about his daughter’s marriage, and include an awful lot of diagrams with big arrows that point at pictures of…Vladimir Putin. This is, apparently, all evidence of…something.

    …I’m not sure what, but it will probably be discussed at length in the “book” Luke Harding is probably planning to publish in a couple of weeks. That’s if the NSA don’t delete it all while he’s typing.

    The only important, or even true, phrase Harding uses appears at the very top of this article:

    …the president’s name does not appear in any of the records…

    etc.

    So, Putin has nothing to do with Panama, but David Cameron’s father etc is directly involved, yet nothing about that is said. That is how corrupt the US/EU is now.

  6. Christian W

    Also, the shady ‘organization’ ICIJ is yet another Soros backed ‘organization’ (meaning they most likely are CIA).

    This is just the US elites sowing more chaos to destabilize the world further and pointing fingers away and distracting from their own looting operations, many of which Elaine has highlighted here over the last few days and weeks.

  7. emsnews

    The Panama revelations are so important…virtually no major media is bothering to talk about it after 24 hours!!!

    This is utterly hilarious. So, the Saudis are corrupt? HAHAHA. I knew that way back around 1966 or so. Do European industrialists hide their loot overseas??? I knew this way back in 1968 when I was a nosy teenager who knew the owners of German industries thanks to my dad!

    This is all so sad to watch. The Real Real Rulers are not entangled all that much in this scandal and the ones who are like the Brits, are being ignored deliberately which is particularly silly.

  8. Christian W

    Well, it IS silly since the fact of the matter is that the UK is the LARGEST tax haven on the planet. Stashing illgotten gains has been the major business plan for the UK since it gave up the ghost as an Empire.

    The Queen, with the UK government, rule over at least 13 tax havens – plus the City loves to stash the illgotten loot of various foreign oligarchs and despots etc.

  9. emsnews

    Quite. I agree, Manhattan has been turned into a tax haven for foreigners, too.

  10. Lou

    The USA is a haven for criminals. Yr thread about ‘voting rights for wetbacks’ tells us the sorry state of affairs. Foreign and domestic.

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