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Old 04-05-2016, 08:19 PM   #1
deoxys
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The Panama Papers

Arguably biggest news story of the year with over 11,000,000 documents over 2.6 TB of data leaked detailing how wealthy individuals and heads of state around the world are actively involved in a wide circle of money laundering and tax avoidance. It goes without saying this deserves its own thread.

No one from the US has been implicated in these leaks yet, but it is highly suspected they will be the main focus of a second leak on the way soon.

First major consequence of the papers leaking - the PM of Iceland has resigned over his involvement in the scandal, just a day after he said he would not. I suppose several thousand people protesting in the streets getting rambunctious changed his mind quickly.

China is censoring all discussion of the topic.

Other individuals part of the leak include Gaddafi, Bashir Al-Assad, Gianni Infantino, Putin, and Jackie Chan, just to name a very small few.

Discuss.
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Old 04-05-2016, 08:26 PM   #2
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I uh

I can't exactly say this is surprising but literally holy shit.
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Old 04-05-2016, 08:34 PM   #3
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I uh

I can't exactly say this is surprising but literally holy shit.
A fairly accurate summary, yeah.

I'm not sure anybody is really shocked. Like the NSA and privacy issues, prior to Snowden, I think it was something we all pretty much knew was going on, but wasn't "official" in any capacity.

And that's disturbing when you think about it.
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Old 04-05-2016, 11:05 PM   #4
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Pretty much everyone in the top 1% does this. To say "not shocked" is an exaggeration, I'm not even surprised.
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Old 04-06-2016, 02:48 PM   #5
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Yeah this is not even slightly news.
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Old 04-06-2016, 05:40 PM   #6
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Whats news is the resignations and stuff caused by the leaks, I wager.
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Old 04-06-2016, 05:46 PM   #7
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The news is that the media's creating another shitstorm and making it out that rich people are untrustworthy despite the fact it's pretty fucking obvious that it was happening anyway. And that's not news, that's olds.
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Old 04-07-2016, 04:25 PM   #8
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Old 04-07-2016, 04:31 PM   #9
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It turns out that a global economic system built on exploiting the poor and preserving the power of the rich is evil and corrupt.

How shocking.
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Old 04-07-2016, 05:05 PM   #10
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Yes yes it's not a surprise but the fact that this evidence exists now is kind of great and will hopefully lead to ACTUAL THINGS AND PROGRESS COME ON
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Old 04-07-2016, 05:10 PM   #11
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Yeah I'd like to see some ordinary Russians take on Vladimir Putin. Where even other members of the 1% die mysteriously in the US when they oppose him.
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Old 04-07-2016, 05:37 PM   #12
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Well I mean as was said by someone else the reason this is news is because that can happen. But in the grand scheme of things nothing will change I think.

No disrespect to Iceland but their PM was incredibly guilty, did a poor job of concealing it and no-one cares about Iceland. Multiple international investigations will find some wrong doing, slap some wrists and everyone will continue about their lives regardless of any potential new regulation. Various people who were really good at avoiding the international legal system's clutches will find themselves attacked by the international legal system. I suspect we'll see a fair few more resignations from various governments and a lot more inquiring into the current crop of rich weeds but a new crop will rise.

Global capitalism will continue to shit on basically everyone who isn't a white man from the Western world.
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