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Wednesday, April 06, 2016

The Panama Papers Could Hand Bernie Sanders the Keys to the White House

For some Americans, Hillary Clinton is the embodiment of a global elite which benefits from tax avoidance schemes. Bernie Sanders, her opponent, is its antithesis

The revelation that the rich and wealthy are shovelling money in overseas tax havens is not a particularly surprising one. Nevertheless, the sheer scale of the 11.5 million document leak from Panamanian law firm Mossack Fonesca has whipped up an overdue storm and forced the issue of tax justice back on the agenda. It is likely that the Panama papers is just the tip of the iceberg, and if even more is revealed about the financial affairs of world leaders, the implication for global politics will be huge.

The Democratic presidential primaries in the US have been characterised by surging anger at the global elite. The Panama papers scandal will only fuel popular indignation at the actions of perceived establishment figures – those who have stood idly by and allowed this huge miscarriage of justice to take place.

Although there have been no major American casualties over the leak at this stage, all of the presidential candidates will be questioned about the scandal. And nobody is going to be under more pressure than Hillary Clinton. For some Americans, she is the embodiment of a “global elite”, while Bernie Sanders is its antithesis.



Anonymous said...

Well, the Clinton's skeletons need to come out. I sure someone has the nerve and skills to do this. Voters are so blind when it comes to Hillary Clinton. The truth needs to come. And,the media need to stop depending on sensationalism of news for rating. They are just as bad as politicians.

Anonymous said...

the cable news reported today that the American names on the list are not being revealed; yet.

Anonymous said...

We can only hope.