[This was updated today with labels and a search description- and it immediately disappeared entirely. So I am reposting it. Original date April 13, 2016.]
The massive document theft from the Panamanian law firm Mossack Fonseca doesn't name Putin. But it names an alleged friend of his, a cellist. That fact has been enough for the U.S. media to take the ball and run with it. Putin is Culprit Number One in the U.S. media's coverage of the stolen documents. [1]
Meriting mostly mere mentions, or no mention at all, are two other "world leaders" (country bosses) who actually have hidden accounts themselves as revealed in the documents: Petro Poroshenko, the president-by-violent-street-riots of Ukraine, and Mauricio Macri of Argentina, who just ripped off his own country for billions of dollars handed over to U.S. hedge fund extortionists. Poroshenko is the U.S.-EU-approved successor to the ousted Yanukovych, said to deserve being violently ousted because he was "corrupt." (But the referendum by which the people in Crimea voted by over 90% to reunite with Russia was dismissed by Western imperialists as "illegitimate," "illegal," "invalid," even "fake"- by Joseph Nye, a career U.S. imperialist apparatchik. What a luxury it is to write your own rules and the rules for everyone else also!) The "King" of Saudi Arabia has also been discreetly unmentioned prominently (or at all) in the U.S. media.
British prime minister David Cameron also got a pass in U.S. media. The most said about him was when he finally stopped stonewalling on Day 6 of the furor and announced that all taxes had been paid on the account in question, which he inherited from his father and which was closed prior to Cameron attaining the premiership. His family successfully avoided a lot of taxes that way. That didn't stop the BBC (the UK government's propaganda network) from putting on a reactionary propagandist from the rightwing British rag the Telegraph to insist that Cameron did nothing wrong and it would all blow over. (In fact it hasn't blown over, even though the BBC has been doing its best to effect that outcome.)
For the first few days, the insignificant nation of Iceland also was useful as a way to virtually ignore the U.S. collaborators Poroshenko and Macri. The Icelandic president was forced out of office as a result of trying to hide his money. You'd think Iceland was a major nation from the play it got, again especially on the BBC. (Bullshit Broadcasting Corporation. Or is it Bombastic Blather Corruption? I forget.)
It probably escaped most people's attention, even though there have been pro forma acknowlegments in passing in the deluge of media shaming, is the fact that "hidden" and "secret" doesn't equal illegal, and that it is unknown how many of those whose financial privacy has been stripped away evaded taxes. In the public mind, offshore has been equated with tax evasion. (As we know from the example of Mitt Romney, and the U.S. corporations that have $2 trillion socked outside the U.S. to avoid paying taxes- legally.)
The massive document theft from the Panamanian law firm Mossack Fonseca doesn't name Putin. But it names an alleged friend of his, a cellist. That fact has been enough for the U.S. media to take the ball and run with it. Putin is Culprit Number One in the U.S. media's coverage of the stolen documents. [1]
Meriting mostly mere mentions, or no mention at all, are two other "world leaders" (country bosses) who actually have hidden accounts themselves as revealed in the documents: Petro Poroshenko, the president-by-violent-street-riots of Ukraine, and Mauricio Macri of Argentina, who just ripped off his own country for billions of dollars handed over to U.S. hedge fund extortionists. Poroshenko is the U.S.-EU-approved successor to the ousted Yanukovych, said to deserve being violently ousted because he was "corrupt." (But the referendum by which the people in Crimea voted by over 90% to reunite with Russia was dismissed by Western imperialists as "illegitimate," "illegal," "invalid," even "fake"- by Joseph Nye, a career U.S. imperialist apparatchik. What a luxury it is to write your own rules and the rules for everyone else also!) The "King" of Saudi Arabia has also been discreetly unmentioned prominently (or at all) in the U.S. media.
British prime minister David Cameron also got a pass in U.S. media. The most said about him was when he finally stopped stonewalling on Day 6 of the furor and announced that all taxes had been paid on the account in question, which he inherited from his father and which was closed prior to Cameron attaining the premiership. His family successfully avoided a lot of taxes that way. That didn't stop the BBC (the UK government's propaganda network) from putting on a reactionary propagandist from the rightwing British rag the Telegraph to insist that Cameron did nothing wrong and it would all blow over. (In fact it hasn't blown over, even though the BBC has been doing its best to effect that outcome.)
For the first few days, the insignificant nation of Iceland also was useful as a way to virtually ignore the U.S. collaborators Poroshenko and Macri. The Icelandic president was forced out of office as a result of trying to hide his money. You'd think Iceland was a major nation from the play it got, again especially on the BBC. (Bullshit Broadcasting Corporation. Or is it Bombastic Blather Corruption? I forget.)
It probably escaped most people's attention, even though there have been pro forma acknowlegments in passing in the deluge of media shaming, is the fact that "hidden" and "secret" doesn't equal illegal, and that it is unknown how many of those whose financial privacy has been stripped away evaded taxes. In the public mind, offshore has been equated with tax evasion. (As we know from the example of Mitt Romney, and the U.S. corporations that have $2 trillion socked outside the U.S. to avoid paying taxes- legally.)
1] And not just U.S. media. Here's who the leftish Guardian (UK) shines the spotlight on in its central story on the Panama Papers:
Even the left-leaning Guardian (UK) put Putin front-and-center in its coverage of the Panama Papers. Note implication: It's all Putin's money. That's unlikely.
https://panamapapers.icij.org/
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