How Much International Tax Evasion is There?
More experts are working up estimates of the magnitude of cross-border tax evasion, and the amounts involved are considerable.
Read more...Category Archives: Banana republic
Mikhail Lesin’s Corpse Press-Ganged for Infowar by Victoria Nuland
Why is the US government trying to suggest foul play in the death of Mikhail Lesin, after the hotel security, police, and medics at the time said otherwise?
Read more...Former Citi Vice Chairman Robert Rubin, Target of DoJ Investigation, is Too Big to Jail
The Financial Crisis Inquiry Commission released a raft of documents from its 2010 investigation, including interviews with senior government officials like Alan Greenspan, Hank Paulson, and Sheila Bair, as well as other individuals deemed to be prominent like Warren Buffett and subprime short-seller Steve Eisman. It’s hard to see the justification for keeping information from […]
Read more...Nicholas Shaxson: Why “National Competitiveness” is Like Ice Cream
Beware of accounting firms playing with numbers to push tax competitiveness, as in tax breaks.
Read more...Hoisted From Comments: American Education, Then and Now
A query to readers with children in or who have very recently graduated from public school: has education stagnated, as experts suggest, or is it getting worse?
Read more...Gaius Publius: When Trump Talks Trade, Voters Listen
It’s easier for liberals to blame Trump voters for racism than to blame themselves for the job-loss and pain of the working class.
Read more...Gaius Publius: The Goal of the Neo-Liberal Consensus Is to Manage the Decline
Neoliberals want ordinary people to accept that their standard of living will decline. It’s not hard to see whose interest that story promotes.
Read more...HSBC’s Money Laundering Nightmare (2): Mossack Fonseca, a Year in Words and Pictures, March 2015-March 2016
Mossack Fonseca and its trail of street protests: they are in it up to their thighs, and HSBC’s Stuart Gulliver has “no idea”.
Read more...Could This Lawsuit Be the Straw That Breaks the TPP’s Back?
TransCanada has filed a $15 billion lawsuit against the US under NAFTA or scuttling its cross-border pipeline. The TPP gives foreign investors even stronger rights.
Read more...Wall Street Journal Analysis of Mortgage Settlements Shows Very Little Went to Wronged Borrowers
A review of where the mortgage settlement money went is a reminder of how wronged borrowers were giving cheap and largely empty promises rather than meaningful help.
Read more...The IMF and the Next Crisis
The IMF is now expected to be the first responder to a financial crisis when it may be less well equipped than in the past.
Read more...Bill Black: The Whistleblowers’ Third Lemon Award is to Fannie and FHFA
Fannie and the FHFA are fighting whistleblowers, even though Fannie is in conservatorship and cleaning up Fannie is in the public’s interest.
Read more...Why the Oregon Refuge Occupiers Had a Legitimate Grievance…..Just Not the One They Went After
Small ranchers are being squeezed and the Oregon refuge occupiers had real grievances, but the wrong target.
Read more...Bill Black: The Clintons Have Not Changed – The Clintonian War on the IG Watchdogs
Hillary Clinton refused to appoint even the weak watchdog of an Inspector General (IG) at the State Department.
Read more...Hoisted From Comments: Banks Supporting the War on Cash
Banner Bank in the state of Washington closed a reader’s account because he made too many cash withdrawals. An overly conservative implementation of “Know Your Customer” rules or a sign of things to come?
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