{"id":19706,"date":"2016-04-08T12:14:15","date_gmt":"2016-04-08T17:14:15","guid":{"rendered":"http:\/\/olduvai.ca\/?p=19706"},"modified":"2016-04-08T12:14:15","modified_gmt":"2016-04-08T17:14:15","slug":"the-panama-papers-oozing-slime","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=19706","title":{"rendered":"The Panama Papers: Oozing Slime"},"content":{"rendered":"<h3 class=\"headline\"><a href=\"http:\/\/www.counterpunch.org\/2016\/04\/08\/the-panama-papers-oozing-slime\/\" rel=\"bookmark\">The Panama Papers: Oozing Slime<\/a><\/h3>\n<p class=\"post_meta\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-81477 size-full\" src=\"http:\/\/uziiw38pmyg1ai60732c4011.wpengine.netdna-cdn.com\/wp-content\/dropzone\/2016\/04\/shutterstock_401265226.jpg\" alt=\"shutterstock_401265226\" width=\"500\" height=\"358\" \/><\/p>\n<div class=\"post_content\">\n<div id=\"attachment_81477\" class=\"wp-caption alignnone\">\n<p><a href=\"http:\/\/www.shutterstock.com\/gallery-514942p1.html?cr=00&amp;pl=edit-00\">dennizn<\/a>\u00a0|\u00a0<a href=\"http:\/\/www.shutterstock.com\/editorial?cr=00&amp;pl=edit-00\">Shutterstock.com<\/a><\/p>\n<\/div>\n<p>The Panama Papers, a one-year investigation by over 100 reporters worldwide (The International Consortium of Investigative Journalism) of offshore money hiding\/laundering\/taxation avoidance, is a cause c\u00e9l\u00e8bre of underhandedness seldom, if ever, revealed to the world\u2019s public. It is comparable to lifting a rotting log in the woods and finding an active nest of millipedes, red worms, and cockroaches scampering about to escape the bright sunlight. They can\u2019t stand the sunlight because darkness is their life.<\/p>\n<p>\u201cIt\u2019s the biggest leak in history, dwarfing the data released by the Wikileaks organization in 2010. For context, if the amount of data released by Wikileaks was equivalent to the population of San Francisco, the amount of data released in the Panama Papers is the equivalent to that of India,\u201d (BBC News, April 5th).<\/p>\n<p>Remarkably, it may only be the tip of an iceberg, a big one, as the incident references the Panamanian law firm Mossack Fonseca &amp; Co. There are likely many more in the world of behind the scenes finance.<\/p>\n<p>The Panama Papers, containing info on thousands of shell companies set up to avoid taxes and hide assets for over four decades from 1977 to 2015, are all about millionaires and billionaires and the politically connected \u201csticking it to\u201d average citizens of the world by hiding money from fellow countrymen\u2019s taxation policies and\/or theft of state funds and laundering money. It is outrageously heinous and deserving of criminal incrimination and\/or tarring and feathering whilst run out of town on a rail. It also begs the question of how many more rich pillagers are out there.<\/p>\n<p>Already, major worldwide figureheads, like the PM of Iceland, have fallen. \u201cAs much as\u00a0<a href=\"http:\/\/www.nbcnews.com\/storyline\/panama-papers\/panama-papers-boon-tax-regulators-bad-news-dodgers-n550466\" target=\"_blank\">$21 trillion in global wealth is hidden<\/a>\u00a0behind largely-untraceable shell companies such as those exposed in the Panama Papers, according to watchdog group Financial Accountability and Corporate Transparency Coalition,\u201d (NBC News, April 6, 2016.).<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Panama Papers: Oozing Slime dennizn\u00a0|\u00a0Shutterstock.com The Panama Papers, a one-year investigation by over 100 reporters worldwide (The International Consortium of Investigative Journalism) of offshore money hiding\/laundering\/taxation avoidance, is a cause c\u00e9l\u00e8bre of underhandedness seldom, if ever, revealed to the world\u2019s public. It is comparable to lifting a rotting log in the woods and finding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1769,13295,13296,13374,13292,13259,12542,13305,783],"class_list":["post-19706","post","type-post","status-publish","format-standard","hentry","category-economics","tag-corruption","tag-icij","tag-international-consortium-of-investigative-journalists","tag-leak","tag-mossack-fonseca","tag-panama-papers","tag-robert-hunziker","tag-tax-havens","tag-taxes"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19706"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19706\/revisions"}],"predecessor-version":[{"id":19707,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19706\/revisions\/19707"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}