A Quote by Michael Hudson

I guess the main thing that came out of the Panama Papers was that Ukrainian President Poroshenko had promised to divest of his chocolate company and instead, he simply moved it into an offshore account. And on the very day that he was increasing the attacks on the eastern Donbass region of Ukraine, the export sector, he was signing documents to conceal his own money offshore. So the exposé of the Panama money laundering has hit some of the dictators that America is protecting and promoting.
As she was about to run for president in 2008, Clinton opposed a free-trade agreement with Panama - an agreement that, as Sanders pointed out, would make the kind of money-laundering we learned about from the Panama papers even more pervasive.
PM Narendra Modi had promised to bring back black money, which he said could put Rs 15 lakh in each of our pockets. If he wants to repair his damaged credibility in this regard, we need to see swift and visible action on the Panama Papers.
I was born in Panama, the Republic of Panama, on July 16, 1948 in Panama City, in an area called San Felipe.
I love to fish offshore for billfish, and have fished all over for them from the Bahamas, St. Thomas, Venezuela, Panama, Costa Rica, Mexico to the Texas gulf. I haven't made it to Australia yet, but someday I'm going.
Before even getting to David Cameron's father here's a starting-point question about the Panama Papers: how is the desire to break the anonymity of Panama banking secrecy different from the FBI's interest in breaking Apple's encryption of the iPhone?
Tango was very popular in Panama at the time when I was growing up. In the Fifties in Panama, the radio stations played all types of music.
An ordinary person who wants to invest in the stock market or a mutual fund, or simply open a saving bank account, is bombarded by ever increasing compliance regulations under the pretext of automation, efficiency, better governance or prevention of money laundering.
I think being born in Panama was a blessing because Panama is a port city. It's a really - the mentality is that - I remember that of admitting things in. You know, ports, ideas come in and out all the time.
Putin saw the Ukrainian revolution as a challenge to him personally, and I think that's why he, in fact, over-reacted. I think his occupation of Crimea and then annexation for him was actually a mistake from Russia's point of view. And then his invasion of Eastern Ukraine was also a mistake. He imagined that he would invade Eastern Ukraine and then eventually split the country in half, and he discovered that in fact, Russian-speaking Ukrainians are not Russians, and they didn't support him.
Mitt Romney's losing at this point in a big way. If something's going to come out, get it out in a hurry. I do not know why - given that Mr. Romney knew the day that [Sen. John] McCain lost in 2008 that he was going to run for president again - that he didn't get all of this out and tidy up some of his offshore accounts and all the rest.
Barack Obama now says he is open to offshore oil drilling. So, apparently, when he promised change, he was talking about his mind.
I think that's the nature of the region, not even simply Eastern Europe but the Balkans. They are their own region. They are a peculiar place. They do share a history that we don't share with a country like Ukraine for example, and that's because of the presence of the Ottomans for hundreds of years.
In America, we have the highest corporate tax rate in the world. One of the reasons why companies have so much money offshore is because it's cheaper!
Lying offshore, ready to act, the presence of ships and Marines sometimes means much more than just having air power or ship's fire, when it comes to deterring a crisis. And the ships and Marines may not have to do anything but lie offshore. It is hard to lie offshore with a C-141 or C-130 full of airborne troops.
Big money tries to purchase its own agenda. Money does too much talking in Washington. Every senator, every representative, even the president awakens each morning with a number in his head that will drive the whole day. The number is the amount of money that must [be] raised that day for his reelection. If he fails, the next day's number will be even higher.
I remain convinced that for Stalin to have complete centralized power in his hands, he found it necessary to physically destroy the second-largest Soviet republic, meaning the annihilation of the Ukrainian peasantry, Ukrainian intelligentsia, Ukrainian language, and history as understood by the people; to do away with Ukraine and things Ukrainian as such. The calculation was very simple, very primitive: no people, therefore, no separate country, and thus no problem. Such a policy is Genocide in the classic sense of the word.
This site uses cookies to ensure you get the best experience. More info...
Got it!