Friday, January 11, 2013
Sunny Places for Shady People
First there was Wikileaks, now there is Tax Justice Network. No wonder the US and EU want to join China is censoring the Internet. With the ability to go around the customary gatekeepers of the Fourth Estate and intelligence agencies, hackers and researchers now pose the greatest threat to the plutocracy since 1968. Yet, while Swiss banks and State Department officials scramble to conceal assets and deflect investigations, even a sombre scene like the British Parliament occasionally dishes up some delightful humor. One of the remarks by an honorable MP recently described offshore tax havens like the Channel Islands, Cayman Islands and Gibraltar as, "sunny places for shady people."