So don't worry, fellow globalist bankster. This Panama Papers thing is intended for the plebs. Soon the choker will be cinched even more tightly around their necks. But your money is safe where it has always been: lining your pockets and greasing the palms of the bought-and-paid for politicians who are there to protect your interests.
Are you a billionaire (or trillionaire) looking to keep your money safely offshore? Hoping to avoid the embarrassment of having your secret stash uncovered by suspicious leaks from Panamanian law firms?
Looking to use the unimaginable riches of your misbegotten fortune secure for what it's really for: buying influence, committing crime with impunity and advancing your plans for global domination?
Then look no further! The small fries that got caught out by the Panama Papers were bungling amateurs compared to the real criminal masterminds. The type that turn to Mossack Fonseca to hide their shady dealings just aren't thinking big and bold enough. After all, the best crime is one you don't even have to hide.
The first thing you'll have to do is to start a philanthropic foundation with your family name on the door. Don't worry about that "philanthropy" bit, that's just the cover for you to further your business interests and get the press and the public on your side.
Like the Clintons. Oh, you thought the Clinton Foundation was all about helping the world's poor and downtrodden? Only if you count mega-banks, oiligarchs, foreign governments and politically-connected billionaires as "poor and downtrodden"--which, to be fair, Hillary probably does.
As Brandon Turbeville pointed out months ago:
"Much has been made of the questionable actions and connections held by Clinton’s foundation enterprise over the last year.[1] Many allegations have been made but what is entirely undebatable is the fact that the Bill, Hillary, and Chelsea Clinton Foundation works closely with Wall Street banks and is also heavily funded by them.
"[...]Aside from its known donations from Wall Street, however, the Clinton Foundation – during Hillary Clinton’s tenure as Secretary of State – was a documented and undoubtable national security risk. This is because of the money – much of it hidden – was being received by not only industrial, banking, and corporate interests but also by foreign governments at a time when the executor of that foundation had an open door of communication with the US Secretary of State. In this instance, that open door of communication was no less than the husband of the Secretary of State. In other words, the Foundation likely served as a conduit for funds provided by foreign governments that would have seen the Secretary of State directly benefit financially from those donations."
But what if you can't set up your own family foundation? Or what if your family name and political ties aren't quite up their with former-and-future president and you need another way of making and moving billions of dollars around the world at a moment's notice?
Well then you're going to need a corrupt bank to help you out. Preferably one that's not afraid to brazenly and openly launder the money for you in the full knowledge that even if they were caught they wouldn't receive any real punishment for it. Don't worry your billion dollar head about that, though; there are plenty of corrupt banks to go around.
Like HSBC. Everyone by now knows that they were convicted in 2012 of helping to launder nearly a billion dollars of dirty drug money for the bloodiest Mexican drug cartels. But did you know they're also being sued by the familes of the victims of the HSBC-enabled drug trade? Or that they just paid one of the largest fines in Swiss history for “organizational deficiencies” that led to money laundering through the bank’s Swiss subsidiary?
Perhaps you're concerned that such a prosecution-prone bank isn't the type of institution you want to turn to when you need to slosh a few hundred million around to the other side of the planet, no questions asked. But there's no need to worry. Not only did federal investigators call the bank too big to prosecute, the Feds followed through on the promise by helping it to hide the drug money investigations for years and letting it get away with paying a fine. No one has gone to jail for the blatant criminality involved, and no one will. Your money is safe with them.
But what if you don't need to move your money around or launder your illicit drug earnings through the banking system? What if you just need to park it in a shady spot free from the prying eyes of reporters? Not to worry, there's a solution for that, too!
Panama? Haha, of course not! British Virgin Islands? Nope. Seychelles? Nuh uh. The Cayman Islands? No! Those are yesterday's tax havens for the not-so-elite. The smart money is already moving there funds out of those places, and you can imagine how much faster the funds are draining from those cesspools after the Panama Papers leak. No, If you're a true power player, you're going to head to the best tax haven of them all: the United States.
Don't believe me? Just ask Bloomberg:
"After years of lambasting other countries for helping rich Americans hide their money offshore, the U.S. is emerging as a leading tax and secrecy haven for rich foreigners. By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth. Everyone from London lawyers to Swiss trust companies is getting in on the act, helping the world’s rich move accounts from places like the Bahamas and the British Virgin Islands to Nevada, Wyoming, and South Dakota."
And the wealth management trust that is leading the way in this rush to the new money-stashing promised land in the desert? None other than Rothschild Trust North America LLC, of course.
As Bloomberg further reported earlier this year:
"The offices of Rothschild Trust North America LLC aren’t easy to find. They’re on the 12th floor of Porsche’s former North American headquarters building, a few blocks from the casinos. (The U.S. attorney’s office is on the sixth floor.) Yet the lobby directory does not list Rothschild. Instead, visitors must go to the 10th floor, the offices of McDonald Carano Wilson LLP, a politically connected law firm. Several former high-ranking Nevada state officials work there, as well as the owner of some of Reno’s biggest casinos and numerous registered lobbyists. One of the firm’s tax lobbyists is Robert Armstrong, viewed as the state’s top trusts and estates attorney, and a manager of Rothschild Trust North America.
"The trust company was set up in 2013 to cater to international families, particularly those with a mix of assets and relatives in the U.S. and abroad, according to Rothschild. It caters to customers attracted to the 'stable, regulated environment' of the U.S., said Rees, the Rothschild spokeswoman.
"'We do not offer legal structures to clients unless we are absolutely certain that their tax affairs are in order; both clients themselves and independent tax lawyers must actively confirm to us that this is the case,' Rees said."
A noble-sounding idea that is unsurprisingly PR-friendly twaddle. The real incentive for the Rothschilds to swoop into Reno in recent years is given by a draft of Rothschild spokesman Andrew Penney's speech on hiding your money to wealthy clients in San Francisco last September, wrote that the U.S. “is effectively the biggest tax haven in the world.”
In fact, a Rothschild Trust document intended for clients has been shared online this week, revealing the real purpose of the company:
"The use of Nevada “foreign” trusts avoids blacklists and the stigma that can come with placing assets in jurisdictions typically viewed as tax havens, without creating exposure to US income tax on non-US income. As more countries adopt blacklists, strict CFC regimes and other measures designed to shut-down perceived tax havens, the flexibility and higher degree of certainty afforded by US trusts may become increasingly attractive."
So don't worry, fellow globalist bankster. This Panama Papers thing is intended for the plebs. Soon the choker will be cinched even more tightly around their necks. But your money is safe where it has always been: lining your pockets and greasing the palms of the bought-and-paid for politicians who are there to protect your interests.