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Thierry Meyssan - Political Analyst, Founder and President of the Voltaire Network
Before Our Very Eyes
Hello
The Suddeutsche Zeitung has revealed the 'Panama Papers' scandal
Expert hackers have stolen 11.5 million computer files
from the world's fourth largest financial law firm
The international press is having a field day
naming the people involved, but do not really know what these people have done
because simply having a firm in Panama is not a crime
and might even be necessary for business
But let's not enter into that stupid debate
Let's try to understand why this data was illegally made public
In 2008, president Obama set up an economic committee at the Whitehouse
This committee was directed not by an economist but by an economic historian, Christina Romer
Her theory is that neither the New Deal nor the Second World War ended the Great Depression
From 1936, the Nazi peril pushed capital out of Europe and into the US
Her theory is that this capital flowing into the US kick-started the American economy
Of course, this theory may appear odd, as it is one that is not commonly taught at universities
But the evidence for this theory is much stronger than for the two other hypotheses
Even if other factors were at work, this particular factor was the most decisive
With this in mind, Obama, together with members of the former administration
decided to engineer an event to destabilise Europe
in order to push capital out of Europe and into the US
This plan was put into action in 2008 with the organisation of riots in Greece
following the death of a Greek youth who was killed by the police
In a Greek radio interview at the time I said this was just the beginning and that
there would be a financial catastrophe in Greece to drive out capital
Two years later, there was the Greek Euro crisis
While organising this destabilisation of Europe, the US had to ensure that capital didn't flow into other countries
So simultaneously they waged war against non Anglo-Saxon tax havens
It is important to note that only non Anglo-Saxon havens were targeted
So G-20 and G-8 meetings followed and it was decided that tax havens were a very bad thing
that they had to banned, that very strict regulation should be put in place
But this regulation does not apply to the main tax havens linked to the UK or the US
Each tax haven has a legal status that is defined in the most absurd way
in order to allow it to avoid the application of common rights
For instance, the City of London, the world's largest tax haven
is legally defined as an independent state affiliated to the British Crown
and so this independent state has its own operating regulations outside of UK law
Another example is Delaware which is a tax haven even though it is an American state
By the way, it just so happens that Delaware is vice president Joe Biden's state...
There are other tax havens like this
For example, the Channel Islands come into the jurisdiction of the Duke of Normandy, ie the Queen
so the Channel Islands are not part of the European Union
There are many other examples of this sort
Today there is no difference between a tax haven and a 'free zone'
other than the area to which this legal status applies
So in the stolen files that were made public
Presidents Putin, Bashar al-Assad and Porochenko were singled out
For a start, the fact that Porochenko was mentioned means that he will be removed
Regarding Syria, President Bashar al-Assad did of course create financial companies in Panama
because without this how would the Syrians continue to survive under the regime of international sanctions?
So the creation of off-shore companies was vital for the survival of the country
Likewise, Hezbollah, was also identified in the stolen files
but it had to create a network of companies off-shore for its survival
So all this is just an American media stunt
aimed at all those who dare to challenge the US
and is perhaps also a way of getting rid of a few black sheep, such as president Porochenko
who failed to keep their promises