Post: #51

Iceland Panama Papers Protest:
   

Twitter video of protest

Post: #52

(http://www.bbc.com/news/world-europe-31862988) Article is from march 2015

Quote:Iceland drops EU membership bid.
The government of Iceland has announced it is no longer seeking EU membership for the North Atlantic state..."Hence, the government considers that Iceland is no longer a candidate country and requests the EU to act in accordance with this from now on," he added...Iceland made an EU membership application in 2009 and later began accession talks.
However, the government in Reykjavik suspended the bid in 2013, arguing that a referendum on the issue should be held first.

What I find very intriguing with the Iceland leak, is that it comes barely a year after their government decided to cancel all talks concerning the country's entry into the EU.
If we assume that the Panama letters are a controlled leak to weaken anti-western/anti-globalist interests then It would not be farfetched to conclude that the leak on the icelandic PM & others in the country is punishment from vested interest who are displeased with the current governments' decision to stop EU-accession talks. This will most likely trigger snap elections and bring in a much more EU & Globalist friendly government in Iceland, which ultimately is the goal of those who are *really* in control of the leaks.

We will know when the next Icelandic government *suddenly* decides to reopen EU-accession talks with Bruxelles.

Post: #53

I smell alphabet soup rats being coordinated with big money from the tone. It is not that (all) the information is false, rather it is how it is going to be framed.

It will be about how some in power will try to use this information against others in power. They will use it to sway (domestic and international) public opinion by denouncing the individuals (politicians, members of industry, etc.). They may also use this and the public opinion to attempt (hollow) international legal proceedings.

At the national level it will be used against the citizenry and organizations (companies) who are using legal structures for tax avoidance and not tax evasion (illegal). This feels like another precursor of capital controls, both nationally and internationally, as economic difficulties are increasing around the planet.

It is a coordinated effort to be used to condition the public.

Post: #54

Apart from how it affects the chances of certain candidates in the US elections, I found myself struggling to give a runny shit about this story.

Rich people found to be using tax reduction or avoidance schemes. In other news, water is wet.

The principle of a government taking half your income in tax because you earn more than the average worker - who may add a fraction of the value to a business - irks me. And I say this as someone earning a moderate income.

As for Putin - if I was a Russian whose life was made better under his leadership, I wouldn't begrudge him a few extra millions. You get African heads of state like Zuma decorating their fucking mansions with public cash while white guilt nations throw even more cash at them but no one thinks of cutting that cord.

This 'leak' is a distraction and was always planned as such.

Post: #55

Insightful article from Zerohedge:

Quote:Why is Nevada important? Because recall that according to a recent investigation by Bloomberg, "The World’s Favorite New Tax Haven Is the United States" ...



... and specifically several US states such as Nevada, Wyoming and South Dakota.

After years of lambasting other countries for helping rich Americans hide their money offshore, the U.S. is emerging as a leading tax and secrecy haven for rich foreigners. By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth. Everyone from London lawyers to Swiss trust companies is getting in on the act, helping the world’s rich move accounts from places like the Bahamas and the British Virgin Islands to Nevada, Wyoming, and South Dakota.

“How ironic—no, how perverse—that the USA, which has been so sanctimonious in its condemnation of Swiss banks, has become the banking secrecy jurisdiction du jour,” wrote Peter A. Cotorceanu, a lawyer at Anaford AG, a Zurich law firm, in a recent legal journal. “That ‘giant sucking sound’ you hear? It is the sound of money rushing to the USA.”
That money is rushing for one simple reason: dirty foreign - and local - money is welcome in the U.S., no questions asked, to be shielded by the most impenetrable tax secrecy available anywhere on the planet.

One may even say that nowadays, US-based tax havens are the new Switzerland, or Bahamas or, for that matter, Panama. Indeed, for most Americans, offshore tax haven are now meaningless with the passage of the FATCA law, which makes the parking of dirty US money abroad practically impossible. So where does that money go instead - it stays in the US:

Others are also jumping in: Geneva-based Cisa Trust Co. SA, which advises wealthy Latin Americans, is applying to open in Pierre, S.D., to “serve the needs of our foreign clients,” said John J. Ryan Jr., Cisa’s president.

Trident Trust Co., one of the world’s biggest providers of offshore trusts, moved dozens of accounts out of Switzerland, Grand Cayman, and other locales and into Sioux Falls, S.D., in December, ahead of a Jan. 1 disclosure deadline.

“Cayman was slammed in December, closing things that people were withdrawing,” said Alice Rokahr, the president of Trident in South Dakota, one of several states promoting low taxes and confidentiality in their trust laws. “I was surprised at how many were coming across that were formerly Swiss bank accounts, but they want out of Switzerland.”
And, to top it off, there is one specific firm which is spearheading the conversion of the U.S. into Panama: Rothschild.

Rothschild, the centuries-old European financial institution, has opened a trust company in Reno, Nev., a few blocks from the Harrah’s and Eldorado casinos. It is now moving the fortunes of wealthy foreign clients out of offshore havens such as Bermuda, subject to the new international disclosure requirements, and into Rothschild-run trusts in Nevada, which are exempt.

* * *

For financial advisers, the current state of play is simply a good business opportunity. In a draft of his San Francisco presentation, Rothschild’s Penney wrote that the U.S. “is effectively the biggest tax haven in the world.” The U.S., he added in language later excised from his prepared remarks, lacks “the resources to enforce foreign tax laws and has little appetite to do so.”
Yes, Mossack Fonseca may now be history, and its countless uberwealthy clients exposed, but none other than Rothschild is now delighted to be able to fill its rather large shoes. In fact, someone with a conspiratorial bent may decide that today's dramatic takedown of the Panama "offshoring" industry was nothing more than a hit designed to crush the competition of domestic "tax haven" providers... suxh as Rothschild.

http://www.zerohedge.com/news/2016-04-03...hilds-turn

Post: #56

Panama Papers allege offshore link with notorious British heist

https://www.yahoo.com/news/panama-papers...55280.html

Quote:London (AFP) - A Panamanian shell company may have helped hide millions of dollars from the Brink's-Mat heist, a British gold bullion robbery that is etched in criminal folklore, leaked tax documents allege.

Dubbed the "crime of the century" by British media, the caper saw a masked gang make off with three tonnes of bullion worth nearly $40 million from a Brink's-Mat warehouse at Heathrow Airport in November 1983.

The gang tied up security guards and doused them with petrol, with one of the villains quipping "thanks so much for your help, have a nice Christmas" as they made off in a transit van laden with gold ingots.

Most of the loot was melted down and never recovered, despite a number of convictions over the crime.

British detectives believe the money still swills around criminal networks through property investments and shadowy overseas holdings.

Mossack Fonseca, the law firm at the centre of a massive online "Panama Papers" leak, may have helped shield the cash from British police investigators, according to the International Consortium of Investigative Journalists (ICIJ).

Sixteen months after the robbery, Mossack Fonseca set up a shell company registered in Panama called Feberion Inc -- on behalf of a London-based money launderer Gordon Parry -- according to the ICIJ.

Parry was jailed in 1992 over his role in handling the bullion stolen in the heist.

One of the law firm's founders, Jurgen Mossack, was named as "nominee" director at Feberion, the ICIJ said citing an internal company memo it has obtained.

The memo, written by Mossack and dating from 1986, said he was aware that Feberion was "apparently involved in management of money from the famous theft from Brink's-Mat in London," the ICIJ report says.

"The company itself has not been used illegally, but it could be that the company invested money through bank accounts and properties that was illegitimately sourced," the memo was quoted as saying.

The law firm denied the allegation, the ICIJ said in its report, adding the company said Jurgen Mossack had no dealings with Parry.

But the ICIJ leaks show the company only ended its relationship with Feberion in 1995.

The Panama Papers have whipped a storm of controversy over off-shore wealth, ensnaring political leaders, sports figures and underworld members across the globe in a snowballing scandal.

Post: #57

Article about how western media (the Guardian in this case) is misleading us regarding the Panama papers:

Panama Papers cause Guardian to collapse into self-parody

Quote:

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…

That’s a minor detail of course, I mean, they have a video: “How to hide $1 billion”. The title screen is, you guessed it, a photo of Putin. Presumably because he is SO GOOD at hiding his billions that, unlike Petro Poroshenko and David Cameron’s dad:

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

So there you go. The Guardian falls into self parody, pasting up a massive picture, a misleading headline and 5000 words (that Harding presumably copied from someone else), at the merest suggestion of a tenuous connection to the Russian president.

It’s a bit odd, really.

Post: #58

Agreed with everyone else, one more idiotic story filled with faux indignation to divert our attention.

What rich person doesn't have an offshore account? They're not even illegal, even though the US has been cracking down on tax havens to make sure it becomes itself the world's biggest.

Post: #59

Why on earth would Putin or anyone else involved put their own name down on this? That would be insane, of course they put up a trusted confidant.

Post: #60

It's a shameless, emotionally charged bleat from the unqualified and stupid about matters they can't understand. Panorama did a program on it last night, and it was shit. Full of unsubstantiated claims, emotional arguments, and sloppy use of terminology. For example, everyone involved used phrases like 'yes, this appears to be tax avoidance in action'. No shit. Tax avoidance is entirely legal in the UK, and that is explicitly spelled out in the legislation. Tax evasion is unlawful, and what the Govt. can come after you for. Of course, it doesn't matter to these bastards - the agenda gets pushed with scant regard for truth.

That said, I am all for any politician who uses one of these vehicles being strung up for it. If you make the rules then you have to play by them. For those of us who don't have a say in making the rules it's fair game to make what you think is reasonable disappear.

Post: #61

Marine Le Pen is now under fire.

Post: #62

(04-05-2016 04:15 AM)Wreckingball Wrote:  Marine Le Pen is now under fire.

(04-04-2016 05:57 PM)NRx Wrote:  This will most likely trigger snap elections and bring in a much more EU & Globalist friendly government in Iceland, which ultimately is the goal of those who are *really* in control of the leaks.

We will know when the next Icelandic government *suddenly* decides to reopen EU-accession talks with Bruxelles.

According to Swedish radio, and as it could be expected, the Islanders in the protest are demanding the resignation of the Prime Minister. He however, refuses and stands his ground saying he has done nothing wrong.

Le Pen coming under fire is really a cause for concern. The impact it could have on the Nationalist movement could set it back many years, something Europe does not have. Let's hope it is nothing more than an attempt at finding dirt on her. Nevertheless, worst case scenario France still has her niece.

These events solidifies what most of us have understood. These leaks are most definitely a Globalist effort at destroying the Nationalist movement, and an attempt at tightening control over free sovereign states.

Here is a courtesy pic of Le Pens niece to help us through this:

Post: #63

Looks like RVF might have been right: http://www.globaltimes.cn/content/977162.shtml

Quote:In recent years, documents exposed by Wikileaks, Edward Snowden and this time, the Panama Papers, have all made headlines worldwide. Among them, Snowden's leaks sounded the most credible since they were exposed by an admitted whistleblower. While the Wikileaks website has at least a figurehead, nobody is clearly behind these latest leaks. However the documents revealed do have basic political targets, which is food for thought.

The Western media has taken control of the interpretation each time there has been such a document dump, and Washington has demonstrated particular influence in it. Information that is negative to the US can always be minimized, while exposure of non-Western leaders, such as Putin, can get extra spin.

Post: #64

Also: https://www.armstrongeconomics.com/world...ma-papers/

Quote:Blog/The Hunt for Taxes
Posted Apr 4, 2016 by Martin Armstrong

Mossack Fonseca logo

A lot of emails have been coming in with regard to the Panama Papers. Let me say this from the outset; Panama has been the key place to establish offshore accounts for decades. An insider has stolen all documents and handed to the press. This was not a government hack. The press has not made all the documents available and that is curious for they too can be protecting favored people. We now have the biggest document leak in history exposing world leaders and their secretive offshore financial dealings. Some 11.5 million documents have been leaked from a Panama-based law firm with offices in 35 countries; Mossack Fonseca. This leak has exposed a trove of confidential financial dealings by the elites of aides to Russian President Vladimir Putin all the way to relatives of Chinese President Xi Jinping. Naturally, the press likes to focus on Putin. There is much more hidden behind the press curtain.


This is just the tip of the iceberg. I would suspect that the Clinton’s might have some exposure here as well but time will tell. When Obama came to office, he and Hillary immediately pushed through Congress a free trade deal for Panama which enabled money laundering to move into high gear. Hillary is worth $45 million more than any other Republican hopeful except Trump. How has she earned so much yet working in government? All my sources have warned about the Clintons for years being available to the highest bidder. Hillary and Panama go much deeper. If you open a corporation in Nevada, you do not have to declare who is the actual owner. That company can then engage in Panama and such names will never show up in the leak. Hillary is notorious for such back door schemes just as donations to her money laundering charity were made to Canada as a front and then to USA to clean the money from foreign governments. She forgot to declare that one. The shady mining deal in Russia that resulted in her getting a few million is typical. Then there was her deal getting a mining contract in Hati for her brother while Secretary of State. She knows it creates a shit-storm, but for a week and everyone cheers her again.

Post: #65

(04-05-2016 03:18 AM)Vicious Wrote:  Why on earth would Putin or anyone else involved put their own name down on this? That would be insane, of course they put up a trusted confidant.

But most did just that and used their own names. Poroshenko put his own name and address on the forms as did other heads of government.

Someone asked earlier what the big deal was, rich people hide cash all the time. That's true and fine for non political types but when you are president of a country such as Poroshenko and you are using an elaborate web of fake companies to avoid paying tax to your own treasury then this is an issue.

Post: #66

First victim of the Panama Papers: Iceland's prime minister QUITS two days after it emerged his family had hidden millions through tax haven – while his country's financial system collapses

Quote:
- PM Sigmunder David Gunlaugsson had made a request for a snap election
- But his President says he wants to consult with other party leaders first
- Came after thousands protested outside Parliament calling for PM to resign
- Opposition also presented motion of no-confidence against Gunnlaugsson

Iceland's prime minister has sensationally resigned two days after he was caught up in the offshore tax scandal.
Sigmunder David Gunlaugsson is the first scalp from the leaked Panama Papers which alleged he and his wife set up a company in the British Virgin Islands to hide millions of pounds.
The claims sparked fury across Iceland, with thousands of protesters gathering outside parliament to demand he stand down and opposition leaders presenting a motion of no-confidence against him.
Gunlaugsson, who denies any wrongdoing, initially refused to quit and asked President Olafur Ragnar Grimsson to instead dissolve government and call a snap election.
But just hours later, he left it to his deputy to announce his dramatic U-turn.
The Progressive party's deputy leader and Agriculture Minister Sigurdur Ingi Johannsson told Icelandic broadcaster RUV: 'The prime minister told (his party's) parliamentary group meeting that he would step down as prime minister and I will take over.'

I wonder how many of those Iceland protestors were legit?

Post: #67

(04-05-2016 03:18 AM)Vicious Wrote:  Why on earth would Putin or anyone else involved put their own name down on this? That would be insane, of course they put up a trusted confidant.

Of course. But the fact they are gunning for Putin shows how transparent their agenda is.

Post: #68

The fact that the PM resigned shows how serious this thing is.

Post: #69

This is a coordinated attack on every country not toeing the globalist party line.

Post: #70

(04-05-2016 08:49 AM)The Ligurian Wrote:  

(04-05-2016 03:18 AM)Vicious Wrote:  Why on earth would Putin or anyone else involved put their own name down on this? That would be insane, of course they put up a trusted confidant.

But most did just that and used their own names. Poroshenko put his own name and address on the forms as did other heads of government.

Someone asked earlier what the big deal was, rich people hide cash all the time. That's true and fine for non political types but when you are president of a country such as Poroshenko and you are using an elaborate web of fake companies to avoid paying tax to your own treasury then this is an issue.

Which proves Putin is smarter. Not any less corrupt. Not that it's any news, I'm actually surprised he's involved as I'd expect he'd be able to put away more than enough on the homefront without anyone touching it.

Suppose it might be his rainy day fund.

Post: #71

(04-05-2016 02:00 PM)Vicious Wrote:  

(04-05-2016 08:49 AM)The Ligurian Wrote:  

(04-05-2016 03:18 AM)Vicious Wrote:  Why on earth would Putin or anyone else involved put their own name down on this? That would be insane, of course they put up a trusted confidant.

But most did just that and used their own names. Poroshenko put his own name and address on the forms as did other heads of government.

Which proves Putin is smarter. Not any less corrupt. Not that it's any news, I'm actually surprised he's involved as I'd expect he'd be able to put away more than enough on the homefront without anyone touching it.

Suppose it might be his rainy day fund.

No he's not smarter, nobody wanted to put their name down on the papers and all who did knew the risks. Putin is just more vicious.

These guys were hiding billions not a hundred bucks. You have got to trust a motherfucker to his bones to sign over a billion to someone and know it's going to be handed back when needed. What was the Icelandic pm going to do if he got fucked over, raise his voice?

Steal a $ of Putin however...

Post: #72

What is even funnier is the pathetic attempt at Mossacy Fonseca to sweep the whole case under the rug.

"Recent media reports have portrayed an inaccurate view of the services that we provide and, despite our efforts to correct the record, misrepresented the nature of our work and its role in global financial markets.

These reports rely on supposition and stereotypes, and play on the public’s lack of familiarity with the work of firms like ours."

http://www.mossfon.com/media/wp-content/...1-2016.pdf

Post: #73

Does the average person buy this shit?

I see nothing but Soros, Western Sycophants and Jewish Oligarchy in this.

I am willing to bet not a single jew will be on those lists.

I hope almost everyone sees this for the disgusting anti-democratic coup attempt it is.

Post: #74

(04-05-2016 03:20 PM)nomadbrah Wrote:  I am willing to bet not a single jew will be on those lists.

That would be an unwise bet to make.

Post: #75

(04-05-2016 02:28 PM)The Ligurian Wrote:  These guys were hiding billions not a hundred bucks. You have got to trust a motherfucker to his bones to sign over a billion to someone and know it's going to be handed back when needed. What was the Icelandic pm going to do if he got fucked over, raise his voice?

Steal a $ of Putin however...

the way Putin comes through, it's not just the possibility of consequences for defection. It's genuine, life-long male bonds that were formed back in the USSR when times were different.