Monday, October 4, 2021

Pandora Leaks: Bingo For Head of State, Billionaires Names

 

Pandora Leaks: Bingo For Head of State, Billionaires Names

 

The Intro 

you remember the 2016 Panama papers and here comes Pandora Papers Leaks causing some massive shock waves around the world with its astonishing revelations.

There's a lot of hand-wringing there's a lot of promises but one thing you can take away even from these early documents is that many of the political leaders who come into office promising to do away with corruption are themselves knee-deep in that kind of corruption. You don't have to hide your wealth if there's nothing to be hidden, this is hiding wealth because you have something to hide and there is no such thing as i have the right to keep it secret if you want to be a leading industrialist or a leading politician or leading anything in the public eye. When you are a public figure/officeholder a someone inspiring and influential with all the benefits that come from that then you are required to be transparent in a world that is awash in corruption.

 Corrupted Money & Civic Issues

 What we are seeing here is that trillions of dollars more money than it would take to really deal with climate catastrophe or infrastructure updating. We are all fighting over small amounts of money when the amount that is illegally being hidden in the corruption could solve all these social problems if we just didn't allow it.

 

American Perspective

The real question is how do we continue to allow this to be done? There are many American companies too in this report because it is known that they do have very clever accountants/brains collected from the world and are legally moving their profits and revenues round in order to minimize their tax. Mind it, nothing illegal in that it might seem a little ethically shady but they're doing it rightfully and within the legal framework.

 

How Its Done Around The world

The big corporations have understood for decades that by far the best way to proceed is to spend a great deal of money donating to candidates and political parties and even greater amount of money to maintain armies of lobbyists not only in Washington but everywhere, where interest rests.

 

The OZ of British Virgin Island

Few remaining ways you can't quite hide all of your money necessitate the british virgin island fake companies and all the rest of it and so you're seeing a mixture of the legalized corruption alongside the illegal corruption.

 

The Big Truth

The pandora papers that were released today indicates that out of the 20 top places in the world to hide wealth the united states accounts for 17 out of the 20.  Amazingly South Dakota leading but several other states following suit rewriting their laws so that you can legally move the money in and out, hereby hide it because they pass a law that denies other countries the right to find out about this information. This is the very thing that the United States criticized Switzerland in the past.

 

You allow the distribution of wealth and income to be as unequal as it now is in the world today, you create the incentive and the means for those at the top to continue to accumulate from one

Generation to another. If you don't go to that problem of inequality every effort to limit this kind of corruption will be proven to be as hollow as we now see all the ones before t 

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