Bernie Sanders’ Wisconsin victory, and the Panama Papers


This video from the USA says about itself:

Did Bernie Sanders Predict the Panama Papers When He Opposed Clinton-Backed U.S.-Panama Trade Deal?

5 April 2016

The Panama Papers leak, that reveals how the rich and powerful rely on a secretive law firm to hide their wealth in tax havens, has drawn attention to a 2011 speech by Senator Bernie Sanders against the Panama-United States Trade Promotion Agreement, which became law in 2012. He noted that Panama’s entire economic output at the time was so low that the pact seemed unlikely to benefit American workers. The real reason for the agreement, Sanders argued, is that “Panama is a world leader when it comes to allowing wealthy Americans and large corporations to evade taxes.” Sanders said the trade agreement “will make this bad situation much worse.”

We get reaction from Michael Hudson, senior editor at the International Consortium of Investigative Journalists, which published the Panama Papers, and Frederik Obermaier, investigative reporter at Germany’s leading newspaper, the Munich-based Süddeutsche Zeitung. He is co-author of the book “Panama Papers: The Story of a Worldwide Revelation.”

This video from the USA says about itself:

Bernie Fought Tax Havens While Hillary Lobbied For Them

5 April 2016

“Bernie Sanders cited concerns about tax evasion to explain his opposition to the 2011 U.S.-Panama free trade agreement.

The Vermont senator now claims the leaked “Panama Papers,” which expose the offshore financial holdings of numerous high-profile individuals and firms, prove he was correct.

The latest polls ahead of Wisconsin’s primary on Tuesday showed Sanders leading Democratic rival Hillary Clinton.

Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) is highlighting his vote against the 2011 U.S. free trade agreement with Panama in light of explosive new details about Panama’s role as a tax haven.”

Read more here.

This video from the USA says about itself:

Underdogs Sanders and Cruz Win Wisconsin Primaries

5 April 2016

Senators Ted Cruz and Bernie Sanders score come from behind wins against their front-runners opponents in Wisconsin primaries ave won the Wisconsin primaries.

From presidential candidate Bernie Sanders:

Another overwhelming victory for our campaign in Wisconsin!

Moments ago the news networks called another state for our political revolution, and it’s a big one: Wisconsin.

The corporate media and political establishment keep counting us out, but we keep winning states and doing so by large margins. If we can keep this up, we’re going to shock them all and win this nomination.

Contribute $3 to our campaign tonight and we are going to keep winning states by large margins until we win this nomination and take our country back from the billionaire class.

Wyoming caucuses in just four days and New York votes two weeks from today, and you can bet the financial elite of this country won’t give up without a fight. They’re going to throw everything they can at us. But if we stand together, we’re going to keep winning.

Tonight kicked off the most important three week stretch of the campaign, and we did it with another overwhelming victory. If we can keep our momentum going through the states that vote and caucus over the next three weeks, we’re going to win this election.

We’re doing so well because you keep standing with our campaign. Make a $3 contribution now and help us win Wyoming on Saturday and New York on April 19.

Amazing win tonight. It wouldn’t have happened without you. That’s the absolute truth.

In solidarity,

Bernie Sanders

17 thoughts on “Bernie Sanders’ Wisconsin victory, and the Panama Papers

  1. BREAKING: Ted Cruz wins Wisconsin GOP Primary

    SIGN ON: Denounce Ted Cruz now >>

    From shutting down the government in 2013, to his constant disrespect for President Obama, one thing is clear: Ted Cruz has no business being president.

    Sign on now and denounce Cruz’s candidacy today>>

    Ted Cruz just won the Republican primary in Wisconsin.

    Cruz led the charge towards the devastating government shutdown of 2013.

    He helped create Republicans’ unprecedented wave of disrespect directed at President Obama.

    Cruz even blamed President Obama for dividing the country, saying he “inflamed racial tensions.”

    To put it simply: Ted Cruz must be stopped.

    We need 5O,OOO Democrats to take a stand right now to denounce Cruz and his reprehensible tactics. Will you add your name?

    ADD YOUR NAME: Denounce Ted Cruz’s presidential campaign >>

    Thanks,

    DCCC

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  2. Wednesday 6th April 2016

    posted by Lamiat Sabin in Britain

    Desperate Tory tries to defend tax avoiding

    A TORY MP desperately attempted yesterday to defend the government over its inaction on tax havens by saying that it should be “encouraging” offshore banking in British overseas territories.

    Dominic Grieve claimed that cracking down on tax avoiders would hurt the “livelihoods” of the small number of people employed in the tax-free countries as corporations and wealthy individuals would take untaxed businesses elsewhere.

    However, he neglected to mention the effects of lower tax revenue on British public-sector workers when speaking on Radio 4’s Today show.

    The astonishing claim comes after 11 million documents leaked from a Panama-based law firm Mossack Fonseca exposed what shadow chancellor John McDonnell called a “repulsive” global culture of tax dodging by the rich and powerful.

    Instead, the former attorney general focused on protecting the “livelihoods of inhabitants” of places such as the British Virgin Islands (BVI), Jersey, Panama, Bermuda and the Bahamas.

    He said: “If we’re going to destroy the economy of the British Virgin islands, which is because we prevent them from providing banking services at all, then we’re going to destroy the livelihood of its inhabitants.

    “So, for those reasons I think the government has a responsibility towards encouraging overseas territories to find legitimate ways of economic development, and the financial sector is undoubtedly such a legitimate method.”

    Bob Hudson, professor in the Centre for Public Policy and Health at Durham University, said that there were 600,000 companies registered in BVI but only 28,000 people live on the islands.

    The Public and Commercial Services union said Mr Grieve’s claim that the government should encourage tax dodging is more than “morally reprehensible” and is “scaremongering of the worst kind.”

    A spokesman told the Star: “We’re talking about wealthy individuals and organisations avoiding tax that funds all our public services.

    “An apparent lack of money in this country has led to tens of thousands of public-sector job cuts, pay freezes and cuts to benefits for unemployed, sick and disabled people.”

    Mr Grieve also agreed with the excuse used by David Cameron — whose late father Ian Cameron was found on the lists — by saying the Tory PM’s untaxed inheritance was a “private matter.”

    Mr Cameron — who is preparing to chair an international summit on tackling corruption next month, where tax havens are expected to be high on the agenda — partly inherited Blairmore Holdings Inc after it had not paid British tax for 30 years.

    http://morningstaronline.co.uk/a-4181-Greedy-Grieve-claims-tax-havens-good#.VwTaU3oYMdU

    Like

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