Thursday, May 7, 2009

Obama's tax havens.

President Obama called out the use of tax havens by US corporations. Good on him.

Will he also forbid the use of the same tax havens by "US government agencies," "certain US government people," "certain non-profit organizations in the US," "certain US institutions including banking institutions," and "certain US-based organizations" to launder and distribute money'?

Will he investigate the source, and use, of dirty money in the Turkish Republic of Northern Cyprus? Malta? Dubai? Cayman Islands?

Will he ask why former-House-Speaker, and Turkey's lobbyist Bob Livingston, was receiving $1m per year from the Cayman Islands?

Will he wonder why Bruce Fein is working for one of the worst money laundering places on the planet, the Turkish Republic of Northern Cyprus?

Will he investigate "Fethullah Gulen's $25 billion madrassa-and-mosque-establishment efforts throughout the Central Asian region and the Balkans?"

Or will it be business as usual?

No comments: