Black Barth News

Alternative news and uncensored information from around the world.

Winship: Panama Papers Offer More Evidence That Free Trade Isn’t Really Free

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As anyone who hasn’t been in a cave – or otherwise away from the Internet — knows, last week the German newspaper Süddeutsche Zeitung and the International Consortium of Investigative Journalists, working with more than a hundred publications around the world, broke news of the biggest data leak in history, from an anonymous source tapping into the Panamanian law firm Mossack Fonseca.

Using eleven and a half million documents sent to them via encrypted files, the reporters are revealing the dark secrets of offshore tax havens and phony shell companies favored by the mega-rich and powerful – from plutocrats and politicians to movie stars and professional athletes – who use them to hide and hoard their fortunes, even as billions live and die in poverty.

But what about the United States – why haven’t our usual suspects, the parade of moneybags we’re used to seeing flaunt their wealth even as they do their best to conceal vast portions of it – made an appearance in the leaked data? Let’s go back to that golf game in Martha’s Vineyard.

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