Liberalism: Do You Agree We've Had Enough of It? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: tonto	4/5/2016 3:03:08 PM
	3 Recommendations Recommended By Investor Clouseau TideGlider Woody_Nickels Read Replies (2) of 224748

Clinton and Obama Pushed the Trade Deal That Made the Panama Papers Scandal Possible Natasha Noman,Mic 3 hours ago The Panama Papers may spell disaster for presidential candidate Hillary Clinton. As it turns out, the then-Secretary of State and President Barack Obama supported the trade deal that made the whole thing possible. The papers consist of more than 11.5 million documents from the world's fourth biggest offshore law firm Mossack Fonseca, based in Panama, accounting for one of the largest document leaks in history. They were obtained by German newspaper Süddeutsche Zeitung — it subsequently shared them with the International Consortium of Investigative Journalists before they made their way to major news organizations like the BBC and the Guardian — and expose the shady dealings and tax evasion of the the world's richest. Read more: The 11 Biggest Politicians Named in the Panama Papers Data Leak Clinton and Obama supported the U.S.-Panama Trade Promotion Agreement, which came into effect in 2012 and facilitated many of the most outraging revelations from the Panama Papers, such as offshore accounts for huge corporations and tax loopholes for America's wealthiest. Source: Jewel Samad/Getty Images To make matters worse for Clinton, Democratic presidential rival Bernie Sanders warned against the agreement in October 2011, in an impassioned speech on the Senate floor. "Panama is a world leader when it comes to allowing wealthy Americans and large corporations to evade U.S. taxes by stashing their cash in offshore tax havens," Sanders said of the proposed agreement. "The Panama Free Trade Agreement would make this situation much worse." Source: Mic/YouTube Other major politicians have been implicated, such as Icelandic Prime Minister Sigmundur Davíð Gunnlaugsson. Despite calls for his resignation, Gunnlaugsson says he has no plans of going anywhere. As for Clinton, some may argue the Panama Papers debacle underscores her position as the candidate of the establishment and elite, particularly in comparison to the populist Sanders.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next