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Manx Link To Antigua Corruption Inquiry


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To many socialists of course, the recent 'hidden beauty' of the state-ownership, or simply being a major stakeholder of banks, is the state access to information - they can now call upon their own intelligence services to implement 'operation fine-tooth comb' whenever, and for whoever, it suits them.

 

What UK government wouldn't go for every diversion it can to keep Joe Public from realising that it was actually his own government, along with the boards of financial institutions and a toothless government instigated regulator, that activily encouraged and allowed this great credit calamity to occur in the first place? If that means focusing on a few measly pennies to keep attention away from the trillions they have lost us between them, then all the better - anything that keeps Gordon Broon and the truth off the front pages is 'a good thing'.

 

Naturally, a sheep-like Joe Public likes nothing better than a few scapegoats, so will go along with it like an old horse driven to the knackers yard. The pigs with their noses in the UK and US troughs know which side their bread is buttered, and having spent years learning how to spin, control and divert their sheep, how better to do it than to announce to their sheep: 'Two-faced good, three legs bad'?

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To many socialists of course, the recent 'hidden beauty' of the state-ownership, or simply being a major stakeholder of banks, is the state access to information - they can now call upon their own intelligence services to implement 'operation fine-tooth comb' whenever, and for whoever, it suits them.

 

What UK government wouldn't go for every diversion it can to keep Joe Public from realising that it was actually his own government, along with the boards of financial institutions and a toothless government instigated regulator, that activily encouraged and allowed this great credit calamity to occur in the first place? If that means focusing on a few measly pennies to keep attention away from the trillions they have lost us between them, then all the better - anything that keeps Gordon Broon and the truth off the front pages is 'a good thing'.

 

Naturally, a sheep-like Joe Public likes nothing better than a few scapegoats, so will go along with it like an old horse driven to the knackers yard. The pigs with their noses in the UK and US troughs know which side their bread is buttered, and having spent years learning how to spin, control and divert their sheep, how better to do it than to announce to their sheep: 'Two-faced good, three legs bad'?

What a load of old guff.

 

From the same edition the editorial explains it in grown-up terms. It concludes:

 

"......there should be optimism for three reasons. The first is that the political climate is different. The US now has a president who is determined to crack down on tax havens, and the financial crisis has emboldened those European leaders who have long wanted action. Mr Brown has cover for his new-found radicalism.

 

The second is that the financial crisis is helping to make the case against offshore tax dodging. As officials and expert outsiders are able to examine the detritus of the securitisation boom, they are finding strong evidence of how much of it was driven by the tax advantages of using offshore havens.

 

Finally, there is an economic imperative - governments are spending vast sums, even while their revenues are being hit by the recession. The search is on for more ways to raise cash, even if that means a shake-down of tax havens. A fairer tax system is not inevitable, but the conditions to create one could not be more propitious."

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This claim requires full investigation.

 

I wish to nominate myself for the position of special investigator ( in Antigua ) on behalf of the manx government.

 

Since I know fuck all about the ins and outs of naughty banking I am clearly well qualified.

I also have several pairs of shorts and don't burn in the sun.

 

I'll go ( should only take me about 3 - 5 years to draft a preliminary report )

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At huge cost of course and will probably over run a few million since your initial quote.

Of course will it run over - it's called "Inflation", as in inflatable boat, inflatable toys, and other tools vital to the investigation...

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What a load of old guff.

Gosh, you'd be the safest person to stand next to serving in the forces I'd bet - everything seems to fly way above your head.

Yeah, they liked standing next to me - because I always hit the target - as you know...

 

Though on balance I think I preferred your first effort:

 

No wonder you never got shot serving in the forces - everything seems to fly above your head.

Keep trying and you never know, you might eventually manage something worthwhile.

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Alas you and your constant "Big Brother" tirades scarcely require encouragement.

 

To many socialists of course, the recent 'hidden beauty' of the state-ownership, or simply being a major stakeholder of banks, is the state access to information - they can now call upon their own intelligence services to implement 'operation fine-tooth comb' whenever, and for whoever, it suits them.

It may actually be a case of "too little, too late."

 

Nine arrested in £40m mortgage fraud inquiry

 

Full story here. Little wonder Bradford & Bingley went tits up. I wonder how many more will crawl out of the woodwork? How proud Maggie must be of her de-regulation and making a virtue out of greed...

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From the same edition the editorial explains it in grown-up terms. It concludes:

 

"......there should be optimism for three reasons. The first is that the political climate is different. The US now has a president who is determined to crack down on tax havens, and the financial crisis has emboldened those European leaders who have long wanted action. Mr Brown has cover for his new-found radicalism.

 

The second is that the financial crisis is helping to make the case against offshore tax dodging. As officials and expert outsiders are able to examine the detritus of the securitisation boom, they are finding strong evidence of how much of it was driven by the tax advantages of using offshore havens.

 

Finally, there is an economic imperative - governments are spending vast sums, even while their revenues are being hit by the recession. The search is on for more ways to raise cash, even if that means a shake-down of tax havens. A fairer tax system is not inevitable, but the conditions to create one could not be more propitious."

 

The guff was in the quote that followed.

 

Yes, the US now has Obama, but the UK still has Broon.

 

"they are finding strong evidence of how much of it was driven by the tax advantages of using offshore havens." Oh yes? And where is this evidence?

 

"The search is on for more ways to raise cash, even if that means a shake-down of tax havens." How much is a tax haven crackdown really going to save? Espeically when the US still has Delaware and Arizona, which are much less transparent than the IOM.

 

S

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