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Panama Papers

EndarkenedRationalist
Posts: 14,201
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4/4/2016 11:30:18 PM
Posted: 1 year ago
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?
dylancatlow
Posts: 13,014
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4/5/2016 12:23:04 AM
Posted: 1 year ago
At 4/4/2016 11:30:18 PM, EndarkenedRationalist wrote:
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?

I know it depends on the country, but how much of this is actually illegal? How many people can expect to go to jail over this?
"In case anyone hasn't noticed it, the West is in extremis. The undertaker is checking his watch at the foot of its bed, and there's a sinister kettle of croaking, money-feathered vultures on the roof."
Emilrose
Posts: 3,324
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4/5/2016 12:44:47 AM
Posted: 1 year ago
Meh, it's not exactly surprising that you have the super rich hiding their assets in places like Panama--a country well-known for being a tax-haven; these leaks are basically showing just how extensive it is.

In terms of ramifications, I imagine there'll be certain media emphasis placed on Putin's involvement...and the Icelandic Prime Minister is presently being called to resign. It's hard to tell what the long-term impact will be, but considering that this is something directly connected the wealthy/powerful--I can't exactly see any real alterations occurring.
: At 5/29/2017 9:17:31 PM, Vaarka wrote:
: fake and gay

https://m.youtube.com...
autocorrect
Posts: 432
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4/5/2016 12:52:20 AM
Posted: 1 year ago
At 4/5/2016 12:23:04 AM, dylancatlow wrote:
At 4/4/2016 11:30:18 PM, EndarkenedRationalist wrote:
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?

I know it depends on the country, but how much of this is actually illegal? How many people can expect to go to jail over this?

Everything so far revealed I already knew, in abstract. Rich people have bank accounts offshore. The details yet to emerge will no doubt be employed by media to paint that abstract fact in the most lurid terms conceivable - as if Putin, Gadaffi and the Brinks Matt robbers were all in the office together setting up a joint account. I'm not saying hiding money outside the tax jurisdiction you reside in, and do business in is consistent with best practice - but I'm wary of this, 'I pay my thruppence ha'penny every week - so Richie Rich should cough up 40% of his fortune' mentality - not least because, if I were Richie Rich I'd do what I could within the law to minimize my tax liabilities. Anyone would.
Yassine
Posts: 2,617
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4/5/2016 2:51:23 AM
Posted: 1 year ago
At 4/5/2016 12:44:47 AM, Emilrose wrote:

Meh...
...considering that this is something directly connected the wealthy/powerful--I can't exactly see any real alterations occurring.


+1
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1harderthanyouthink
Posts: 13,501
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4/5/2016 3:23:23 PM
Posted: 1 year ago
At 4/4/2016 11:30:18 PM, EndarkenedRationalist wrote:
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?

Digging around a bit - http://www.ibtimes.com...
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EndarkenedRationalist
Posts: 14,201
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4/5/2016 5:25:48 PM
Posted: 1 year ago
At 4/5/2016 3:23:23 PM, 1harderthanyouthink wrote:
At 4/4/2016 11:30:18 PM, EndarkenedRationalist wrote:
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?

Digging around a bit - http://www.ibtimes.com...

4th link in my post 2. But thanks anyway. Think it'll have any impact?
EndarkenedRationalist
Posts: 14,201
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4/5/2016 5:27:03 PM
Posted: 1 year ago
At 4/5/2016 12:44:47 AM, Emilrose wrote:
Meh, it's not exactly surprising that you have the super rich hiding their assets in places like Panama--a country well-known for being a tax-haven; these leaks are basically showing just how extensive it is.

In terms of ramifications, I imagine there'll be certain media emphasis placed on Putin's involvement...and the Icelandic Prime Minister is presently being called to resign. It's hard to tell what the long-term impact will be, but considering that this is something directly connected the wealthy/powerful--I can't exactly see any real alterations occurring.

That's always disappointing. But this is a big thing which has angered a lot of people. Hard to see everyone walking off scot-free.
1harderthanyouthink
Posts: 13,501
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4/5/2016 5:56:20 PM
Posted: 1 year ago
At 4/5/2016 5:25:48 PM, EndarkenedRationalist wrote:
At 4/5/2016 3:23:23 PM, 1harderthanyouthink wrote:
At 4/4/2016 11:30:18 PM, EndarkenedRationalist wrote:
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?

Digging around a bit - http://www.ibtimes.com...

4th link in my post 2.

Didn't look.

But thanks anyway. Think it'll have any impact?

Absolutely.
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Emilrose
Posts: 3,324
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4/5/2016 6:10:47 PM
Posted: 1 year ago
At 4/5/2016 5:27:03 PM, EndarkenedRationalist wrote:
At 4/5/2016 12:44:47 AM, Emilrose wrote:
Meh, it's not exactly surprising that you have the super rich hiding their assets in places like Panama--a country well-known for being a tax-haven; these leaks are basically showing just how extensive it is.

In terms of ramifications, I imagine there'll be certain media emphasis placed on Putin's involvement...and the Icelandic Prime Minister is presently being called to resign. It's hard to tell what the long-term impact will be, but considering that this is something directly connected the wealthy/powerful--I can't exactly see any real alterations occurring.

That's always disappointing. But this is a big thing which has angered a lot of people. Hard to see everyone walking off scot-free.

I agree that the magnitude of it is high--in fact the number of documents actually leaked is huge. Again though, I think much of the backlash to it will be media-orientated; I'm not sure how and if those involved can be penalised for anything.
: At 5/29/2017 9:17:31 PM, Vaarka wrote:
: fake and gay

https://m.youtube.com...
Rigoletto
Posts: 62
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4/5/2016 6:15:46 PM
Posted: 1 year ago
At 4/5/2016 6:10:47 PM, Emilrose wrote:
At 4/5/2016 5:27:03 PM, EndarkenedRationalist wrote:
At 4/5/2016 12:44:47 AM, Emilrose wrote:
Meh, it's not exactly surprising that you have the super rich hiding their assets in places like Panama--a country well-known for being a tax-haven; these leaks are basically showing just how extensive it is.

In terms of ramifications, I imagine there'll be certain media emphasis placed on Putin's involvement...and the Icelandic Prime Minister is presently being called to resign. It's hard to tell what the long-term impact will be, but considering that this is something directly connected the wealthy/powerful--I can't exactly see any real alterations occurring.

That's always disappointing. But this is a big thing which has angered a lot of people. Hard to see everyone walking off scot-free.

I agree that the magnitude of it is high--in fact the number of documents actually leaked is huge. Again though, I think much of the backlash to it will be media-orientated; I'm not sure how and if those involved can be penalised for anything.

There is undue worry, it's not a big deal.
walker_harris3
Posts: 273
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4/6/2016 1:54:50 AM
Posted: 1 year ago
At 4/4/2016 11:30:18 PM, EndarkenedRationalist wrote:
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?

These reporters have an agenda. They aren't dumping certain individuals data on the basis of "harming national security" which is why barely any US clients have been released. We all know that that line is the biggest BS anyone related with politics could say. They're withholding certain information on purpose so that those people's names won't get tarnished. This journalist organization is also Soros linked and funded, which basically solidifies my concerns. Remember, just weeks ago, a top German journalist said that he worked for the CIA as a journalist for 25 years and that he was "educated to lie, to betray, and not to tell the truth to the public." So of course the power structure is not going to allow the real culprits to become exposed, but will divert attention away to Russia and still give the public a taste of controversy.

I think the stuff that is coming out is only the tip of the iceberg.
Blade-of-Truth
Posts: 5,483
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4/6/2016 6:30:01 PM
Posted: 1 year ago
I like the theory that this was a CIA plot right from the start due to the lack of American names on the list. I'd like to see the effects in a few weeks just to see who has fallen from grace due to this. Based on the results, we can then establish if it was beneficial to certain interests or not.
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Dark-one
Posts: 211
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4/7/2016 2:06:10 AM
Posted: 1 year ago
At 4/4/2016 11:30:18 PM, EndarkenedRationalist wrote:
Anyone want to talk about what might be the biggest and - potentially - disastrous leak in a long, long time? Seriously. This reaches Putin, the prime ministers of Pakistan and Iceland, prominent officials in Egypt, Libya, China, and the UK - and that's just to name a few. Are they fake? Real? What ramifications will they have?

So...if I put money in an offshore account, I'm evil?