In a groundbreaking investigation, renowned anthropologist Orisanmi Burton has blown the lid off a dark chapter in CIA history. Classified Agency files, recently obtained through Freedom of Information laws, expose shocking ties between the infamous MKULTRA program and nightmarish experiments on prisoners of color within the United States.Continue reading New Files Reveal MKULTRA’s Terrifying Reach: Ethnic Bioweapons, Disturbing Experiments
Amid a national hysteria claiming the popular video-sharing app is a Chinese Trojan Horse, a MintPress News investigation has found dozens of ex-U.S. State Department officials working in key positions at TikTok.Continue reading TikTok: Chinese “Trojan Horse” is Run by State Department Officials
Public education in the United States has always had very specific objectives.Continue reading The Death of Critical Thinking in America
If one tries to use rational thought processes to produce a reasoned explanation for that which is neither rational nor reasoned, one will end-up building a false picture of the world around one.Continue reading Engineering a Cult of Chaos to Undermine Rational Thinking
Files reveal how the specter of Moscow’s supposed underhand ways was used to subjugate the platform to the US Democratic Party.
In a pair of blockbuster #TwitterFiles threads, this week, journalist Matt Taibbi has blown open, even wider, the media giant’s concerning collusion with the US national security state. The former Rolling Stone writer exposed how political pressure from the US Democratic Party very effectively forced the company to endorse the lie that its platform was extensively weaponized by Russia, with hugely significant consequences.
Find the “Russian trace” at any cost
The first, boldly titled ‘How Twitter Let the Intelligence Community In’, documents how in August 2017, despite dubious allegations that Russian bots and trolls were responsible for the election of Donald Trump in the mainstream media reaching fever pitch, Twitter’s hierarchy knew its platform wasn’t riddled with malign Kremlin-directed actors.
In internal emails, the company’s senior executives and communications professionals almost mocked the idea that it was overrun with Russian bots. They could neither detect “a big correlation” in account activity related to the November 2016 election, nor any “larger patterns” at all. They forecast potentially taking action against less than 25 users. As such, it was decided to simply ignore approaches from the media on the issue.
The next month, Twitter informed the Senate it had suspended 22 possible Russian accounts, and 179 others with “possible links” to those accounts. Senator Mark Warner, a ranking Democrat on the Intelligence Committee, immediately held a high-profile press conference to denounce the social network’s response as “frankly inadequate on every level.”
Such pressure, combined with bitter, twice-failed presidential candidate Hillary Clinton declaring, “It’s time for Twitter to stop dragging its heels and live up to the fact that its platform is being used as a tool for cyber-warfare,” forced the social network to set up a dedicated “Russia task force” to investigate the issue. It did – and found nothing. “No evidence of a coordinated approach” between accounts flagged as potentially Kremlin-run was identified, despite an “exhaustive” internal investigation.
In all, after manually scouring through the posts of thousands of accounts flagged as “suspicious” by external actors, they found that just 32 were questionable, 17 of which were connected with Russia, and only two had spent any money on advertising – one being RT, which was specifically given favorable marketing offers by Twitter before the election.
Again, senior Democratic party officials were enraged by these results. What followed was a flurry of unhinged, sensationalist news stories, claiming Twitter was either covering up the Kremlin’s dirty work for sinister reasons, either by lying about the issue, or actively deleting reams of incriminating data to cover its own tracks.
“Were Twitter a contractor for the FSB … they could not have built a more effective disinformation platform,” professor Thomas Rid, an adviser to the Intelligence Committee, remarked to Politico at the time.
Surrender to politics
None of this was true. But it provided the Democrats with ammunition to threaten regulations on Twitter’s political advertising, which could’ve been extremely costly to the company’s revenue. This sent senior staffers into a panic, which was only intensified by the timely leak of a database of thousands of alleged Russian bots and trolls to major media outlets by the Intelligence Committee. This resulted in a flood of aggressive queries from journalists.
Realizing the pressure would only keep mounting – as media outlets and politicians had decided this absolutely was a major scandal, irrespective of the available evidence, and were going to keep pushing until they got what they wanted – Twitter kowtowed, and publicly declared bots and trolls were in fact a massive issue on its platform, and it would be proactive in rooting out such activity in future.
Internally, Twitter executives settled on an informal, secret policy for dealing with rogue actors on the network. Publicly, they would stick to the line content was removed and users were banned “at our sole discretion,” while privately they would “off-board” anything and everything “identified by the US intelligence community as a state-sponsored entity conducting cyber-operations,” without argument.
Twitter had actively invited US spies to run its moderation process, without anyone knowing, and on the explicit internal understanding they would not be leaving. That sinister penetration widened substantially when Covid-19 arrived in the US, and again the bogeyman of Kremlin “disinformation” was the battering ram.
In February 2020, US State Department intelligence wing the Global Engagement Center published a report, “Russian Disinformation Apparatus Taking Advantage of Coronavirus Concerns.” It claimed that a vast network of bots and trolls controlled by Moscow and amplified by China and Iran was pumping endless propaganda “describing the Coronavirus as an engineered bioweapon.”
The report’s criteria for determining if an account was a bot or troll was, unbelievably, whether the user followed “two or more” Chinese diplomats. The 250,000-strong network included Western government officials, and media outlets, including CNN. Such a weak evidentiary foundation did not deter mainstream journalists publishing countless stories endorsing the report’s findings.
Twitter staff, likely due to past experience at this point, could see what the Center was up to – namely, attempting to “insert themselves” into the “content moderation club” through which Google, Twitter and Facebook were controlled by the FBI, DHS, and other US government agencies. Executives at these tech giants were unanimously opposed to the Center’s inclusion, not least due to its “mandate for offensive” information operations to “promote American interests.”
Hell under the heel
After years of bending over backwards to placate the Democratic establishment, Twitter attempted to push back. Over a series of internal emails, various executives spelled out deep concerns about allowing the Center any influence over the platform, and initially rejected an FBI request for the organization to be included in the moderation club’s regular ‘industry call’. It was felt the Center’s involvement would pose “major risks … especially as the election heats up.”
Eventually, the FBI offered a compromise – the CIA, NSA, and Global Engagement Center would be able to simply listen to the industry calls, but wouldn’t be active participants. Twitter relented, a decision its higher-ups seem to have quickly come to regret. Before long, the social network was being bombarded with requests to censor content and ban users from every US government body under the sun.
This extended to US government officials asking for users to be banned because they didn’t personally like an individual in question. Notorious House Intelligence Committee chief Adam Schiff, a Democrat, once asked Twitter to ban journalist Paul Sperry, due to his critical reporting on the Committee’s work. After initially refusing, Sperry was later suspended.
Almost every other request was granted immediately, even those from the Global Engagement Center. This included demands to ban independent media outlets falsely claimed to be “GRU-controlled” and linked “to the Russian government.” In one email, a former CIA staffer remarked that Twitter would soon be unable to deny a single request. “Our window on that is closing,” they said.
In the weeks before the 2020 Presidential election, Twitter was flooded with demands from so many officials, departments and agencies, they were confused and overworked. If action wasn’t taken promptly, followup emails quickly appeared, asking if action had yet been taken, and if not, why, and when it would be.
In one request, an FBI official even apologized “in advance for your workload.” Once, a no doubt exhausted senior attorney at the social network complained internally, “my inbox is really f***ed up at this point.”
Previous #TwitterFiles threads exposed how the FBI paid the social network $3 million to process its requests. Based on the most recent disclosures, it’s clear the company and its staff were significantly underpaid for their efforts. Future releases promise yet further bombshell revelations, but the long-hidden truths divulged so far should prompt every Twitter user to reflect how the site for many years in secret operated as an effective wing of the US intelligence – and may well still do so.
The best synopsis I’ve seen of the Twitter Files comes from the account of journalist Benjamin Carlson. Carlson wrote, “No agency should be unaccountable. No institution is indispensable.”Continue reading Here’s What We Learned from the Twitter Files So Far
Civic participation is seen as an important component in fulfilling the UN agenda. Citizens must be made more involved. It all sounds wonderful. But when looking closer, it seems to be mostly about legitimising UN’s own agenda and fostering more obedient citizens.Continue reading “Upgrade the United Nations” – Listen in On The People
An opinion piece published by the World Economic Forum lauds how “billions” of people complied with “restrictions” imposed as a result of lockdown, suggesting they would do the same under the guise of reducing carbon emissions.Continue reading WEF Lauds How We Complied Lockdown Restrictions; Same Method for Carbon Rationing Soon
Destabilizing the social, political and economic structure of 190 sovereign countries cannot constitute a “solution” to combating the virus. But that was the imposed “solution” which was implemented in several stages from the very outset of the corona crisis in January 2020. It’s the destruction of people’s lives. It is the destabilization of civil society.Continue reading Biggest Lie in World History: The Data Base is Flawed. There Never Was A Pandemic.
The corporate media is not our friend. Its coverage of the pandemic is not there to promote the public good. It is there to feed our anxieties, keep us coming back for more, and monetize that distress. The only cure for this sickness? A lot more critical thinking.Continue reading When People are Anxious, Isolated and Hopeless, They’re Less Ready To Think Critically
It is frightening how oligarchically-minded figures of a Great Resetting nature wish to use the structures of social credit to modify group behaviour under a post-Truth, depopulated/de-carbonized world order.Continue reading Social Credit as Distasteful Necessity in an Age of Asymmetric Warfare
Usually, when the rule needs to updated in the name of “national security” it’s always about protecting, not the people, but the position of those who have been running the show for so long.Continue reading Spain Will Seize All Property, Suspend All Activities, for “Situation of Interest to National Security”
Since the onset of the covid-19 pandemic, governments around the world, along with a handful of unelected medical experts, have been behaving as though they are the social engineers of totalitarian regimes (e.g., fascism, Nazism, and communism).Continue reading The COVID Lockdowns Showed Us How Dangerous Social Engineers Have Become
“A psychotic world we live in. The madmen are in power.”― Philip K. Dick, The Man in the High Castle
For good or bad, COVID-19 has changed the way we navigate the world.Continue reading The Global Deep State: A New World Order Brought to You by COVID-19
This view from Sweden reiterates the history of climate alarmism as being rooted in the Club of Rome, Maurice Strong, and the Rockefeller dynasty. When David Rockefeller created the Trilateral Commission in 1973, its stated goal was to “foster a New International Economic Order.”Continue reading Club Of Rome: The Origin Of Climate And Population Alarmism
And so we come to March 23rd, and lockdown’s first birthday. Or, as we call it here, the longest two weeks in history.Continue reading UK Lockdown One Year On: It Doesn’t Work, It Never Worked
There’s now an ongoing operation to further tear America apart, i.e., shootings of Asians for “spreading the COVID19 pandemic.” These shooters, paid or not, need their skull examined immediately for not realizing that everyone is a victim in the ongoing World Economic Forum sponsored coup against humanity itself.Continue reading Divide and Conquer Black Ops: Asian Edition
The primary goal of the Deep State in enforcing facemasking and social distancing is to limit social interaction to prevent different people from establishing a strong bond amongst themselves. Distracting the people with superficial issues designed to divide them was never enough.Continue reading Noted Physician Makes Definitive Moral Case Against Mask Mandates
United States Secretary of State Mike Pompeo had a slip of the tongue while addressing the American people from the White House when he stated that COVID-19 is a live military exercise.Continue reading Mike Pompeo Admits COVID-19 is a “Live Exercise”… to Take Over Governments?
UK health minister Matt Hancock has warned the government’s timeline for unlocking coronavirus restrictions could be slowed as ministers remain “vigilant” against infection rates.Continue reading A People’s History of Struggle: Liberty or Lockdown
“There exists an unfounded public hysteria driven by the media and politicians. It is outrageous, this is the biggest hoax ever perpetrated on an unsuspecting society.”Continue reading Lets Us Put an End to the Corona Pandemic Hoax
A new form of exploitation, known as “stakeholder capitalism,” is already being tested in many places around the world and prisons are among the main targets for its implementation, as they provide an ideal and literally captive market for its proof of concept.Continue reading Prisons Prime Testing Ground for Dehumanizing Hi-Tech “Advances”
People are unhappy. Yes, but not enough to stop this tyranny! – Well, I better behave otherwise I’m going to be punished. – FEAR! – Fear leads to the sheep syndrome – that deep-deep social disease which besets us today. They keep to the narrative – MUST wear a mask – MUST keep the safe 2-meter distance – police enforced.Continue reading The Sheep Syndrome
It is despair that is killing us, eating into the social fabric, rupturing social bonds, and manifesting in self-destructive pathologies.Continue reading The Politics of Cultural Despair | Chris Hedges
The moment the New York Post reported on some of the sleazy, corrupt details contained on Hunter Biden’s hard drive, Twitter and Facebook, the social media giants most closely connected to the way Americans exchange political information, went into overdrive to suppress the information and protect Joe Biden.Continue reading Does This Explain Why FB Was So Quick To Suppress Hunter Biden Revelations?
Nations the world over have scrambled to take emergency action in the wake of COVID-19, as businesses have been disrupted, supply lines cut and economies stunted, leaving foreign aid programs underfunded and millions without food.Continue reading 55 Million People Face Famine as COVID-Ravaged Economies Fail To Meet Funding Goals
A plot to kidnap the Democratic governor of Michigan has laid bare the persistence of ideological manipulation on the eve of the total surveillance state.Continue reading Kidnapping Dissent: The Whitmer Plot and the End of Freedom
On October 5th, The Atlantic, a pretentious American popular ‘big think’ magazine (selling 552,242 copies per issue), headlined an 8,500-word essay from the New York Times columnist and PBS NewsHour commentator David Brooks, “America Is Having a Moral Convulsion: Levels of trust in this country — in our institutions, in our politics, and in one another — are in precipitous decline.”Continue reading The Shoddiness of ‘Big Think’ Media
Whether it is the mob on the street, or the “cancel culture” in the boardroom, the goal is the same: to silence dissent, to scare you out of speaking the truth, and to bully Americans into abandoning their values, their heritage, and their way of life.Continue reading History as Warfare: The ‘1619 Project’ and the Plot to Destroy the Republic
Once only associated with enemy nations and the Great Depression, bread lines have returned to the US, often in form of miles-long traffic jams or car parks filled with hungry drivers.Continue reading 56 Million Americans Depended on Food Banks During the Pandemic
It is difficult not to notice something contrived in the currently announced “pandemic” of the Novel Covid-19 virus. Media coverage of this event has all the hallmarks of a coordinated hysterical campaign, namely:Continue reading Fabricating a Pandemic, Who Could Organize It and Why
The Black Revolution is in full swing in the U.S. Over the next sixty days we will be treated to the greatest political show on Earth as the Democrats and their handlers in The Davos Crowd pursue the biggest lie since Climate Change.
The events of 2020 are lining up for a climax to this story that ends with only one outcome, a contested election which fuels a coup attempt after the election results come in on November 3rd.
And because of this now obvious plan, setting up a false flag around the election is the most likely means to produce election results close enough to support this course of action.
I’m not the only one thinking in these terms at this point. Joaquin Flores, writing for Fort Russ, mused similarly last week. As the polls shift towards Donald Trump and the Democrats run around concocting fairy tales after allowing Joe Biden out of his gimp cellar long enough for people to see how far he has fallen mentally, I’m nearly convinced this is likely.
Color revolutions unfold in predictable stages. The first stage is destroying the local economy. Usually this means the Federal Reserve and the U.S. Treasury pull back on available dollars through tight monetary policy and sanctions to create mass unemployment in the target nation.
Then foment violence from the youth who are disproportionately affected by the economic destruction after NGO’s lay the ideological foundation for revolution. Use the most convenient pretext. In the U.S. it means stoking racism and hatred of ‘the rich.’
Pick a color under which to unite them, in this case black and blame the leader for every single bad thing that happens, which is usually the work of agent provocateurs who amplify the organic frustration into targeted attacks which are then amped up by the media into a news story.
If the leader is stupid he acts like any garden-variety paranoid dictator by clamping down on the violence making him easy prey for the media to brand him a dictator.
Then bringing a mob to the capital is easy, because now there are too many people to be effectively policed and the potential for violence to boil the whole thing into a coup is very real.
All of this works if the oligarchs who run the political system of the target country are on board with this. In the U.S., it’s obvious from the response from all major corporations they approve this message. Note how it failed in Belarus recently for lack of this corporate sponsorship.
Looking at the way the Democrats have positioned themselves for this election it is clear that they are preparing the field for this outcome after election day.
They used the lockdowns to create an army of ready-made protestors with nothing else to do and little hope for the future.
They structured all aid to the middle class the run out during the height of the election campaign while blocking any further assistance even though the Treasury Dept. raised nearly $2 trillion to deploy as support and stimulus.
The media endlessly stoked fear over COVID-19 to push as many voters to consider mailing their votes in (or create the illusion that is what will happen) to delay certification of the election on election night.
But to his credit, President Trump hasn’t acted the way he was supposed to. He has governed this chaos exactly the way a majority of Americans want him to, as a Federalist. Even though he has the authority to do so, he’s refrained from sending Federal troops into rioting cities, laying bare just how much local authorities are aiding the violence.
He didn’t institute national lockdowns and draconian restrictions due to COVID-19, instead offering aid and allowing the data to eventually vindicate him to the point where even the CDC is now backtracking on how dangerous the virus actually is.
And his opponents in New York, for example, now look like out-of-touch, lying grandma murderers.
Eventually crisis fatigue sets in, people adjust to the new circumstances and the worst parts of their fear abates. And even if they don’t look at the new data, they realize enough costs have been born and it’s time to move on with our lives.
That’s what is now showing up in the polling data, even though it is still highly suspect. And this puts Trump in the driver’s seat for the election on November 3rd. As of today, the election looks like it is his to lose.
And yet the Democrats insist that the election will not be resolved on election day. In fact, it’s obvious they are prepping the narrative that Trump will only appear to win on election night but, in fact, the torrent of mail-in ballots will change the outcome of the election over the next few days.
Of course, this would fly in the face of decades of electoral statistics where the outcome of the election is almost certainly decided by the time 25% of the votes have been counted and a run-rate to completion can be calculated.
A top Democratic data and analytics firm told “Axios on HBO” it’s highly likely that President Trump will appear to have won — potentially in a landslide — on election night, even if he ultimately loses when all the votes are counted.
Why this matters: Way more Democrats will vote by mail than Republicans, due to fears of the coronavirus, and it will take days if not weeks to tally these. This means Trump, thanks to Republicans doing almost all of their voting in person, could hold big electoral college and popular vote leads on election night….
… By the numbers: Under one of the group’s modeling scenarios, Trump could hold a projected lead of 408-130 electoral votes on election night, if only 15% of the vote by mail (VBM) ballots had been counted.
And that’s what concerns me most. Because if all of this prep work has failed and Trump clearly wins an electoral college victory, but they are planning to harvest votes for days afterwards, how do they shift the dynamic back in Biden’s favor between now and then to keep the election close enough for them to steal?
More violence is how.
We are two weeks away from White House Siege beginning on September 17th. Organized by Adbusters, which is a front for George Soros’ partner in crime, David Brock and Media Matters For America, White House Siege is a planned 50-day protest in Lafayette Square in Washington D.C., ostensibly to protest President Trump ‘stealing the election.’
This is a ready-made recipe for a Maidan-like orgy of violence in the nation’s capital to create a false flag event which reflects badly on Trump. Think snipers on rooftops shooting both protestors and cops similar to what happened on the Maidan square in Kiev in 2014.
D.C. is not a state. It’s not governed by the same rules as the states, where the Governors are in charge.
Trump can, and in my mind should, as a matter of strategy, take control over D.C. to keep to possibility of violence to a minimum. D.C. mayor Muriel Bowser is trying to walk back her support of the protests after the violence after the Republican National Convention by urging U.S. Attorneys in D.C. to charge the people the police arrest.
This is Bowser trying to publicly keep Trump from doing exactly what I just said he should do. Because with cities looted and burned, with Democrat politicians losing the respect of their constituencies they have no political legs left to stand on.
Governor Andrew Cuomo in New York said in a press conference Trump better bring an army if he plans to set foot in his state. This is tantamount to sedition, for which a case can be made by nearly every major Democrat for statements made in the past six months.
“He better have an army if he thinks he’s gonna walk down the street in New York. New Yorkers don’t want to have anything to do with him,” the Democrat said, all but threatening the commander-in-chief.
Meanwhile Cuomo is now the target of a Dept. of Justice investigation into his handling of the COVID-19 crisis while Trump withholds Federal funds from the state, which prompted Cuomo’s bravado.
Between this and Speaker Nancy Pelosi calling Republicans “domestic enemies of the state” is the kind of language you don’t come back from. The Democrats and the U.S. Deep State are all in on removing Trump from office by any means necessary.
I don’t think the worst of the violence is behind us after Kenosha. I think the worst is still in front of us.
Pseudo-philanthropist Bill Gates, the anointed figurehead of the systematic, and breathtaking implementation of the New World Order, now rebranded as the New Normal, is experiencing a problem with his Moderna, and stockholders should divest their investments right away, as the company’s executives are now doing.Continue reading Bill Gates’ Vaccine Company Moderna Has A Big Problem
YouTube’s decision to ban discussion of hacked information on its platform is unlikely to improve election integrity in the US, it will, however, continue to tilt the balance in favor of established corporate-funded outlets like Fox News and CNN.Continue reading Discussion of Wikileaks or any “Hacked Information” Banned Under New YouTube Rules
People ask, where does all the money come from to promote and hold nationwide protests that promote the destruction of America? Look no further than Technocrats in corporate America. This list does not include the hundreds of millions from foundations and NGOs. ⁃ TN EditorContinue reading $564 Million: The Corporate Technocrats Who Finance Social Justice And Anarchy
This is an article about what’s currently happening in Mainstream America from a mainstream author. We are posting this here to illustrate that we don’t have to theorize in order to understand the level of madness that is happening in the US, the designated epicenter of the COVID-19 pandemic today.Continue reading We are Living in A Failed State
“None are more hopelessly enslaved than those who falsely believe they are free.” — Johann Wolfgang Von GoetheContinue reading Sheep Always Seem to Lose Their Wool
In recent days we have seen how the mainstream media failed spectacularly to contain the blowback stemming from the Prince Andrew-Epstein pedophilia scandal that is now threatening the downfall of the British Monarchy.Continue reading London Bridge Stabbing: A False Flag Terror Ops to Distract Attention Away from Prince Andrew Scandal?
The Russian leader had some very candid comments about the state of Western democracies, bound as they are by the liberal idea, which Putin says has “outlived its purpose.” Continue reading Vladimir Putin Slams ‘Obsolete Liberalism’
“Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.” ~Attributed to Benjamin Franklin
The scandal surrounding Facebook’s relationship with Cambridge Analytica, the election data company previously associated with former Trump campaign Chairman Steve Bannon, dominates the media in the US and Britain.
Continue reading Cambridge Analytica-SCL: Psy-ops by UK-US Deep State Actors
Who avoids the most tax and what does that mean for inequality?
These were the questions asked by two National Bureau of Economic Research working papers submitted this month (Tax Evasion and Inequality and Who Owns the Wealth in Tax Havens?). Both papers are available publicly here.
The research was based on a variety of data, including ICIJ’s Swiss Leaks and Panama Papers investigations, and prove for interesting reading. Here are seven highlights from the reports.
- The ultra-rich avoid the most tax
The ultra-rich, people whose net worth is more than $45 million, are ten times more likely to evade taxes than the average citizen, according to the research.
That means the ultra-rich have worked out how to avoid paying about 30 percent of their personal income and wealth taxes.
And it probably doesn’t stop there, with the authors suggesting that “evasion among the wealthy may be even higher” because their research was based on Scandinavian countries where social trust is high, corruption low and respect for the rule of law strong.
The research also found that offshore wealth increases the “top 0.1 percent wealth share from 8 percent to 10 percent” when looking at Norway specifically. And for top 0.01 percent “taking tax evasion into account increases their wealth by a third.”
- The ultra-rich are more likely to use offshore accounts
The likelihood of Scandinavians in the bottom 99 per cent of wealth share hiding their assets in HSBC accounts was “negligible,” according to research based on ICIJ’s Swiss Leaks.
But the probability rises to 1 percent among the richest 0.01 percent.
This chart shows the probability of owning an unreported HSBC account by wealth groups. (The first group [P90-P95] represents households worth less than $900,000 and the last the top 0.01 percent who are worth $44.5 million.)
“The gradient is notable too: top 0.01 percent households are 13 times more likely to hide assets at HSBC than households in the bottom half of the top 1 percent,” they wrote.
- Hardly anyone except the ultra-rich use offshore accounts
The use of offshore accounts “steeply rises with wealth,” according to research based on ICIJ’s Panama Papers.
This charts shows the probability of owning a Mossack Fonseca offshore shell company significantly increased for the top 0.01 percent of Norway and Sweden’s population.
“The use of tax havens appears more concentrated in the Panama Papers than in the HSBC leak,” the authors wrote.
The researchers also suggested one reason very few households outside the 0.01 percent in the Panama Papers used shell companies to conceal wealth is because it is a “more sophisticated” strategy than owning offshore bank accounts.
“Both techniques are often combined, but the wealthiest tax evaders might be more likely to combine offshore accounts with shell companies, when less wealthy tax evaders may be relatively more likely to own offshore accounts directly in their own names.”
- Tax havens hold 10 percent of global GDP
In the second study, the authors analyzed the global amount of wealth in tax havens.
“We find that while about 10 percent of world GDP is held in tax havens globally, this average masks a great deal of heterogeneity.”
For example, Russia (60 percent), Europe (15 percent) and other nations hold a significant chunk of their GDP offshore, whereas Scandinavian countries own just a few percent of GDP.
- Offshore wealth is shifting from Switzerland to Asia
The research found the size of this wealth was “not easily explained by tax or institutional factors” but instead correlated more closely with a country’s proximity to Switzerland, the presence of natural resources and political/economic instability.
However, the times might be changing, with the research also discovering wealth was growing in tax havens based in Asia – and mainly in Hong Kong – with offshore accounts held in Switzerland declining since the 2008 financial crisis.
The authors predicted offshore assets in Hong Kong have grown six-fold between 2007 and 2015 with the country now ranked second behind Switzerland for tax havens.
- Countries with more offshore wealth also use more tax havens
The next chart shows the number of unique owners of shell companies created by Mossack Fonseca in each country before 2006 and active in 2007, using Panama Papers data.
“There are strong similarities between the amount of offshore wealth we estimate and the use of tax havens as revealed by the Panama Papers,” the authors said.
Russia is one such country with a total of 2071 unique shells. The authors also highlighted that China is over-represented in the data given estimates of how much Chinese wealth is offshore. They suggest this could be because estimates of China’s offshore wealth are low, or that Chinese use shell companies for purposes other than concealing wealth.
- Offshore wealth can substantially increase inequality
So what does that all mean for equality?
Including offshore assets generally increased the 0.01 percent’s wealth share substantially (even in the law abiding Scandinavian countries).
The effect in some countries is much worse than others. In the United Kingdom, Spain and France offshores assets accounted for between 30 to 40 percent of the 0.01 percent’s wealth. In Scandinavia, however, their share of wealth only increases by about 1 percent.
Read more about the impact from ICIJ’s investigations, and find out how you can support ICIJ’s work
Today, May 1st 2017, the world labor movements commemorate once again their tangible contribution to our collective development as a human species. This is also the day when they blow their horns on the massive inequality and the continued exploitation of the labor force. Continue reading May 1st: The Day Slavery System Transferred from Monarchies to the Corporations
Newly declassified documents from the Reagan presidential library help explain how the U.S. government developed its sophisticated psychological operations capabilities that – over the past three decades – have created an alternative reality both for people in targeted countries and for American citizens, a structure that expanded U.S. influence abroad and quieted dissent at home. Continue reading How US Flooded the World with Psyops
There are early disruptions against Trump’s peaceful engagement with Russia, aside from the protracted protests of virtually non-issue subjects. Continue reading Is Trump Being Sabotaged By The Pentagon?
Mass Mind-kontrol — it’s been going on since the time of Nimrod and ancient Babylonia. And it’s sinister and evil beyond words and description. Since Roswell it has taken a new sinister turn that defies imagination.
Continue reading Secret Deep-Black War to Hijack Your Mind | Preston James
Headline grabbing events rarely articulate the involvement and culpability of the 1%ers of our society. They are off-limits to prying eyes, by default.
Even so, the top hierarchy of that 1%ers need to assign specific tasks of global import to a loyal and able lieutenant for purposes of interfacing with the pyramidal system of cartels that they themselves created for us.
Continue reading Who Singlehandedly Created the European Refugee Crisis?
Surely, there are many ways to hack the elections, whether electronic or otherwise.
For manual elections, vote buying and physical intimidation are just some of them.
Continue reading Hacking Democracy in Less than 60 Seconds
Is Donald Trump really wants to change policies, or just advocating a different management style?
This the big question that Ron Paul asks of Trump whom he thinks is the real establishment’s candidate this time around.
Continue reading Trump, He’s Not Really an Outsider | Ron Paul
It used to be that the so-called economic hitmen were only targeting other countries outside of the West, but as these usual targets are slowly waking up to the scheme and started resisting the machinations, not without risk of course, those same economic hitmen are now targeting their own countries, too.
Continue reading Western Society, A Victim of its Own Economic Hitmen, too!
When World War 2 ended everybody celebrated the fall of the Nazis only to find later on that their very country is occupied and ruled by Nazi agents, e.g. George HW Bush, George W. Bush, Jr., Henry Kissinger, Zbigniew Brzezinski, et.al.
- FBI Doc Confirms Hitler Fled to Argentina in 1945
- Merkel is No Angel But a Hitler
- Bush Family Treason
This is now the case with the European Union that behaves more like the collapsed Soviet Union.
Continue reading If the United States is Nazified, Eurozone is the New Soviet Union
Nuclear powered BRICS countries are testing their ballistic missile systems as well as Japan and the United States in almost the same time as terror attacks from Paris to Mali happened.
Continue reading Massive Missile Testing as Terror Cells Activated Worldwide, Social Engineering or WW3?
Special Report: In the 1980s, the Reagan administration pioneered “perception management” to get the American people to “kick the Vietnam Syndrome” and accept more U.S. interventionism, but that propaganda structure continues to this day getting the public to buy into endless war, writes Robert Parry.
Continue reading The Victory of ‘Perception Management’
by Charles Hugh Smith
When the citizenry cease to believe the lies, the nation suffers a nervous breakdown.
Last week I used the phrase National Nervous Breakdown without clarifying its meaning. (The War on Our Intuition That Something Is Fundamentally Amiss)
Continue reading National Nervous Breakdown
Million morons march for big lies & genocide
By Kevin Barrett, Veterans Today Editor
Call them sheeple. Lemmings. Zombies. New World Order mind control slaves.
Whatever you call them, the drooling dimwits chanting “we are Charlie” are the all-time greatest argument for Rockefeller-style eugenic euthanasia. (Which, incidentally, should start with the Rockefellers.)
Continue reading “#Je suis brainwashed”