Blog/The Hunt for Taxes
Posted Apr 5, 2016 by Martin Armstrong
The International Consortium of Investigative Journalists (ICIJ) has clearly targeted Putin, however, it is his aids rather than him personally who were revealed in the Panama Papers. The political agenda of ICIJ is called into question by this action. Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned just two days after the papers were released. Reports say that 12 current or former heads of state are mentioned in the Panama Papers. Whom are they protecting? It will be very interesting since targeting Putin makes this more of a political plot.
Nevertheless, this is coming precisely in line with the other side of 2015.75, which we warned would prove to be the peak in government. This is playing directly into our model’s predicted cycle of a collapse in confidence in government (i.e. politicians). This collapse in confidence is truly the driving force behind Trump. This massive leak may have far more political implications than merely targeting rich people who have a secret stash.
To what extent will this leak alter politics in an era of rising middle-class discontent and declining living standards as socialism collapses? This leak is more likely to fuel further anger among those who blame politicians and see the corruption boiling to the surface. The journalists are really closet socialists who hope that this will inspire the public to hand more control to government. To them, this will support their theory that the middle class is carrying a disproportionate share of the burden in supporting a system that they feel is unfair because the rich have more.
They do not look at government and the corruption. Instead, they just want to blame the rich for having more than they do in a traditional Marxist view of the world. They do not bother to ask why government always has to raise taxes and cannot manage the economy. Imagine if someone managed your funds and lost whatever you gave them each month, blamed the bankers, and then asked you to give them more money to manage again. How many times would you keep giving them more money when they never produce a profit? The hedge funds and Wall Street own Hillary, yet they will never expose such connections or truly investigate her past. This illustrates that they too have a political agenda.
This revelation may actually backfire and produce far more political damage than just hunting the rich, which has been the ICIJ’s agenda. The ICIJ may have just contributed to the collapse of socialism, but they will never understand the consequences of their actions.