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Thursday, May 12, 2016

Panama papers

The Real Target of the Panama Papers


Argentine President Maurcio MacriSo this is the way the Panama Papers end. Not with a bang -- as in "Putin hiding US $2 billion"; you all remember the original headlines. But with a whimper; everyone lining up to duly access a prosaic database and find out the names of nearly 320,000 entities/offshore companies/trusts/foundations engaged in beautifying the finances of the rich and powerful.
The Soros-financed International Consortium of Investigative Journalists (ICIJ) has not exactly fulfilled its mandate of heaping dirt on selected BRICS nations and the odd enemy of imperial interests/values -- based on a NSA-style hack of Mossack Fonseca.
So what's left is for everyone to freely peruse names and addresses of companies in 21 jurisdictions--including Hong Kong and Nevada in the U.S. Yet don't expect to see bank account numbers, phone numbers or compromising emails.
Panama -- where no one can flush a toilet without the U.S. government knowing about it -- is for suckers; the real elite, connected (or profiting) even indirectly from the real Masters of the Universe and the liquid modernity enablers of top of the line turbo-capitalism use hack-proof Luxembourg, Virgin Islands or Cayman Islands connections -- not to mention secure, Empire-based Delaware and Nevada loopholes.

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