Stew Peters Show - Published October 11, 2021 (or EPUB)
Rumble — Philippe Argillier says he has four databanks that will expose 38 individuals that run the "shadow government", responsible for the CREATION OF COVID-19, which took place YEARS AGO!
This is an incredible revelation of the shadow government which has caused the world unbelievable suffering. Hope indeed this brave expose of 38 individuals at the head of this snakepit.
AND, there`s more from Europe
The Pandora Papers Have Exposed the Corrupt System that Lets the Rich Worldwide Avoid Paying Taxes
AN INTERVIEW WITH CHUCK COLLINS
The Pandora Papers — 12 million files on the global 1 percent and the legal tricks they use to get out of paying taxes — are one of the biggest journalistic bombshells in years. They expose a system with one set of standards for the rich and another for everyone else.
Last weekend, the International Consortium of Investigative Journalists (ICIJ) published the Pandora Papers, an astonishingly vast cache of private financial records that exposes the globe-spanning business of wealth concealment and tax avoidance by the superrich. Consisting of nearly 12 million files and naming some fourteen world leaders, the leaks are just the latest in a growing mountain of empirical evidence for what many already know: an increasingly transnational class of elites now operates on the basis of its own rules, leveraging a complex and labyrinthine network of tax havens and jurisdictional loopholes to hide and protect its wealth.
Chuck Collins is the program director of the Program on Inequality and the Common Good at the Institute for Policy Studies and author of the 2021 book The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions. In the wake of the Pandora Papers’ release, Jacobin’s Luke Savage spoke to Collins about the leaks, what they reveal about the landscape of global wealth concealment and tax avoidance, and whether any mechanisms currently exist for reigning in the wealth of the global elite.
To set the stage a little bit, can you give us some background on the Pandora Papers? What exactly has emerged through these leaks, and how do they compare to their most recent equivalent — the Panama Papers — in terms of their findings and scale?
The Pandora Papers are the result of a massive data leak that unmasks the clandestine shell games and tax dodging schemes of the world’s ultra-wealthy, people with $30 million or more.
It was the result of the “largest-ever journalistic collaborative” involving six hundred journalists from a hundred seventeen countries and was coordinated by the ICIJ. Two of the media partners in the collaborative were the Washington Post and the Guardian — and it is worth looking at the rich amount of reporting, especially from the Guardian. As an aside, my role was to brief foreign reporters in advance of the release to understand the US hidden wealth system.
Pandora is a bigger leak than the Panama Papers, which was data siphoned off from a single Panamanian law firm, Mossack Fonseca. The Pandora leaks come from the confidential records of fourteen different offshore wealth service firms in Switzerland, Singapore, Cyprus, Samoa, Vietnam, Hong Kong, as well as firms in well-known tax havens such as Belize, Seychelles, Bahamas, and the British Virgin Islands.
These firms help wealthy individuals and corporations to form trusts, foundations, incorporate companies, and establish other entities in low- or no-tax jurisdictions. Some big names caught up in the leaks were King Abdullah II of Jordan, US billionaire Robert Smith, former UK prime minister Tony Blair, and Shakira.
The Pandora Papers analyzed almost 12 million files from these firms including leaked emails, memos, tax declarations, bank statements, passport scans, diagrams of corporate structures, secret spreadsheets, and clandestine real estate contracts. Some reveal the real owners of opaque shell companies for the first time. This data will be producing revelations for weeks and months to come.
Tax avoidance is a complex thing, particularly when we’re talking about an elite that’s increasingly global and transnational. How is tax avoidance practiced on this scale, and what are the kinds of mechanisms the figures exposed in the Pandora Papers are able to leverage to shield their wealth?
Yes, thanks to the transnational nature of the global wealth elite — and the mobility of their capital — there are more avenues available for the super-wealthy who want to play hide-and-seek with their assets. They can afford to hire sophisticated “wealth defense industry” professionals — tax attorneys, wealth managers, accountants — or form “family offices” to manage their dynastic family wealth over generations.
But many of the basic mechanisms or tools in the wealth hiding toolbox are the same: bank accounts and anonymous shell companies in secrecy jurisdictions (nation states or territories with few requirements for disclosure of real owners), civil law foundations (not to be confused with charitable foundations), and trusts. Trust ownership entities have been morphed and manipulated to put assets into a form of “ownership limbo,” where it is not clear who owns what — and what should be taxed (in my book The Wealth Hoarders, I discuss in detail why trusts are such a huge problem).
A recent expose by ProPublica revealed how the half of the richest hundred people in the United States deploy a complex trust arrangement called “Grantor Retained Annuity Trusts” [GRATs] to avoid future estate taxes. This really exposes this system.LS
By virtue of where the leaks came from, America’s ultra-wealthy are somewhat underrepresented in the Pandora Papers. But you’ve written recently about the pattern of tax avoidance in the United States, and the extent to which particular jurisdictions — South Dakota, for example — are now major tax havens. Do the Pandora Papers tell us anything useful about the landscape of tax avoidance in America specifically?CC
It is true that the Pandora leak does not include many of the US superrich. That’s because this trove of leaks originated from offshore wealth advisory firms in twelve countries including Samoa, Cyprus, Belize, and Singapore — not places where super-wealthy US citizens go for their “wealth defense” financial services.
Unfortunately, no US wealth-advisory firms were part of the leaks. (If you’re at one of those firms feel free to confidentially reach out!) That’s been the missing ingredient to really engaging US politicians. Nonetheless, more than seven hundred companies revealed in the Pandora Papers have ties to real human owners (what they call “beneficial owners”) in the United States. So, stay tuned.
But you can be sure they use the same toolbox of offshore banks, anonymous shell companies, and opaque trusts that tax dodgers around the world use. And that’s big news for the rest of the world — that the United States has become a major tax haven and global destination for illicit wealth. Earlier leaks, such as the Panama and Paradise Papers, reinforced the misperception that most of these financial shell games take place “offshore,” in small countries with weak banking laws.
We’ve known for a while about the systems that wealthy people use — but what is new is a leak with identities of 206 owners of trusts that were set up in several US states. So, we can tell stories about real people, many with corrupt biographies, who are using the US system.
And… what’s the deal with South Dakota?
The reason billionaires love South Dakota is that they pioneered a tool the wealthy deploy called a “dynasty trust.”
A dynasty trust is a form of trust that is designed to sequester wealth for longer than ordinary trusts — sometimes for centuries or forever. They are often formed in US states, such as South Dakota, that have suspended or altered their state “rule against perpetuities,” legislation that previously limited the lifespan of a trust. (For the full wonk-out version see the background brief that Kalena Thomhave and I coauthored about dynasty trusts.)
In the 1980s, South Dakota changed its laws to attract wealthy people looking to park their money in trusts (they did the same thing to attract Citigroup and the credit card industry). A few other states followed suit, such as Wyoming and Alaska. Today, a private trust industry flourishes in South Dakota, helping billionaires hoard their wealth. This trust industry has effectively captured the state’s politicians, including their representatives in Congress.
I’m thrilled with all the critical publicity being focused on South Dakota. But other states are part of the “weak link” in transparency as well. Almost half of US states are now engaged in the inter-jurisdictional race to the bottom of who will change their laws to help coddle the rich.
You’ve long been an advocate for tax reform in the United States. Given the obviously global nature of this problem, are there any mechanisms through which the kinds of traditional and nationally based solutions can be scaled up, or will it take entirely new global institutions to truly crackdown on the kind of tax avoidance exposed in the Pandora Papers?
It will be hard to tax the wealthy in the United States (or anywhere) under this current global system, where capital can flee to the shadows and dozens of countries and territories compete as “secrecy jurisdictions.” There will always be the Cook Islands, willing to sell off their sovereignty and keep lowering their requirements to attract the treasure. But the United States is obviously an economic Goliath that has more responsibility and possibility for fixing the system.
Federal legislation could override weak state laws when it comes to corporate reporting and trust law. It would be a heavy lift within our federalist system with strong state control over incorporation, trust formation, taxes, etc. But it’s not impossible. At the end of 2020, Congress passed the Corporate Transparency Act to require LLCs to disclose their real owners to the law enforcement arm of the Treasury Department.
For example, there are things the United States should do to shut down our own internal tax havens and fix our warped trust laws. Lawmakers could act at the federal level to ban or discourage the formation of dynasty trusts and GRATs for the purposes of tax avoidance and dynastic succession. Trusts holding assets over a certain size should be recorded in a public registry and beneficiaries should be disclosed. We could pass a federal “rule against perpetuities,” banning perpetual trusts and limiting their lifespan.
The United States should move in tandem to participate in the global treaty-making process and trade agreements that could be used to raise corporate transparency options. If the United States and the UK got together with the purpose of raising standards (as opposed to a “race to the bottom” status quo) — and enforced transparency as part of trade and other economic activity — that would have a huge impact.
For there to be a “global corporate minimum income tax” — something the G20 countries are currently exploring — there would need to be country-by-country tax reporting. So, Apple would have to disclose what they pay in each country and information about their business dealings (sales, number of employees, etc.). All these are examples of the pressure points for change.
The Pandora Papers will shake things up. But it sure would be good to have a couple of leaks from US trust companies to fill out the picture.
The Global Elite Is Conducting a Coup That is Designed to Destroy All of The Key Elements of Human Society
The global elite is conducting a coup that is designed to destroy all of the key elements of human society. It is doing this by destroying the essence of what it means to be human, by destroying the nature of existing human relationships, and by destroying the political, economic and social institutions of nation states.
Intentionally or otherwise, the elite coup is also fast-tracking four paths to human extinction.
If this coup succeeds, the human individual will have been reduced to a digitized identity who lives in a ‘techno tyranny’ serving the global elite or Homo Sapiens will be extinct. There is no third option unless we can defeat the coup and stop key structures and processes being put into place.
Do we have long? According to some scholars, as explained below, Homo Sapiens is already ‘functionally extinct’. If this is the case, only a monumental global effort can give us even a remote chance of surviving.
Sound implausible? Preposterous even? Let me offer you the evidence to support the scenario presented above with some brief reiteration to begin followed by more elaborate explanation of the paths to extinction.
And, if you are up for the fight to try to avert this outcome, I have outlined a range of options, designed to have strategic impact, for your involvement.
Destroying the Human Individual
Many authors have explained how vital rights and freedoms that our predecessors fought for decades or even centuries to win have been wiped away in one fell swoop by government responses to COVID-19 – for a summary, see ‘The Elite’s COVID-19 Coup Against a Terrified Humanity: Resisting Powerfully’ – and how, if it comes to pass, the compulsory vaccination along with the digital certificate that will go with it will leave us as nothing more than robotized organisms monitored and controlled by the elite’s agents.
For example, Robert F. Kennedy Jr has explained in ‘Gates’ Globalist Vaccine Agenda: A Win-Win for Pharma and Mandatory Vaccination’:
Vaccines, for Bill Gates, are a strategic philanthropy that feed his many vaccine-related businesses (including Microsoft’s ambition to control a global vaccination ID enterprise) and give him dictatorial control of global health policy.
Gates’ obsession with vaccines seems to be fueled by a conviction to save the world with technology.
Former World Bank economist Peter Koenig in ‘The Farce and Diabolical Agenda of A “Universal Lockdown”’ identifies some parts of the program:
A massive vaccination program, probably through compulsory vaccination – Bill Gates’ dream and brainchild is vaccinating 7 billion people.
Massive population reduction, a eugenics plan – in part through vaccination and other means:… Bill Gates, ‘if we are doing a real good job vaccinating, we may reduce the world population by 10% to 15%’. See ‘Innovating to Zero!’….
An electronic ID for every person on the planet – in the form of a nano chip, possibly injected along with the mandatory vaccination. This nano-chip could be remotely uploaded with all personal data.
But even more importantly, in a recent article Professor Vandana Shiva evocatively explains why the world patent granted by the World Intellectual Property Organisation (WIPO) to Microsoft on 26 March 2020 titled ‘1. WO2020060606 – Cryptocurrency System Using Body Activity Data’, gives Microsoft (that is, Bill Gates) extraordinary power over our lives and is ‘robbing us of our deep humanity’. In essence:
‘The patent is dramatically changing the meaning of being human…. It is redefining us as ‘mines’ for data – robbing us of our autonomy, our sovereignty, and control over our bodies and minds…. It is erasing our humanity – as sovereign, living beings, spiritual, conscious, intelligent beings, making our decisions and choices with wisdom and ethical values about the impacts of our actions on the natural and social world of which we are a part; and to which we are inextricably related. We are being reduced to being ‘users’ of tasks assigned to us by the extractive digital mega machine. A ‘user’ is a consumer without choice in the digital empire. Human creativity and consciousness disappear in the world imagined in #patent060606.’ See ‘My Earth Journey in defence of Biodiversity, Life and Freedom over 5 decades’.
Destroying Human Society
Simultaneously with the destruction of the human individual, however, many authors have described how the nature of human relationships is being transformed and the political, economic and social structures and processes previously characteristic of national societies are being removed in favor of versions that enable a vastly greater degree of elite control.
Here is a sample of how astute authors describe what is happening politically, economically and/or socially based on the compelling evidence they provide.
Chris Hedges in ‘The Treason of the Ruling Class’:
The ruling elites no longer have legitimacy. They have destroyed our capitalist democracy and replaced it with a mafia state. What the Roman philosopher Cicero called a commonwealth, a res publica, a ‘public thing’ or the ‘property of a people,’ has been transformed into an instrument of naked pillage and repression on behalf of a global corporate oligarchy. We are serfs ruled by obscenely rich, omnipotent masters who loot the U.S. Treasury, pay little or no taxes and have perverted the judiciary, the media and the legislative branches of government to strip us of civil liberties and give them the freedom to commit financial fraud and theft.
Professor Michel Chossudovsky in ‘Global Capitalism, “World Government” and the Corona Crisis’:
The World is being misled concerning the causes and consequences of the corona crisis. The COVID-19 crisis… is being used as a pretext and a justification to triggering a Worldwide process of economic, social and political restructuring. Social engineering is being applied…. What is happening is unprecedented in World history.
A new stage in the evolution of global capitalism is unfolding…. National governments become subordinate to “Global Governance”. The Global Governance scenario imposes a totalitarian agenda of social engineering and economic compliance… It consists in scrapping ‘national autodetermination’ and constructing a Worldwide nexus of pro-US proxy regimes controlled by a ‘supranational sovereignty’ (World Government) composed of leading financial institutions, billionaires and their philanthropic foundations.
The crisis redefines the structure of the global economic landscape. Let’s be clear. This is an imperial agenda. What do the global financial elites want? To privatize the State? To own and privatize the entire planet?
Whitney Webb in ‘Techno-Tyranny: How The US National Security State Is Using Coronavirus To Fulfill An Orwellian Vision’ examines a great deal of evidence to draw her conclusion:
Like major crises of the past, the national security state appears to be using the chaos and fear to promote and implement initiatives that would be normally rejected by [citizens] and, if history is any indicator, these new changes will remain long after the coronavirus crisis fades from the news cycle. It is essential that these so-called “solutions” be recognized for what they are and that we consider what type of world they will end up creating – an authoritarian technocracy.
And, since the brutal police killing of George Floyd in the United States on 25 May, US constitutional attorney and author of Battlefield America: The War On the American People, John W. Whitehead has warned in ‘This Is Not a Revolution. It’s a Blueprint for Locking Down the Nation’:
The looting, the burning, the rioting, the violence: this is an anti-revolution. The protesters are playing right into the government’s hands, because the powers-that-be want this. They want an excuse to lockdown the nation and throw the switch to all-out martial law. They want a reason to make the police state stronger. It’s happening faster than we can keep up.
Kurt Nimmo in his article ‘George Floyd Endgame: Martial Law and a Police State: COVID was the first act’ notes that:
Rampaging ‘anarchists’ – many undoubtedly agent provocateurs – are not interested in justice, fairness, nonviolence, and peaceful dialogue. They are providing a pretext to usher in a fascist police state.
This state of affairs will be exploited to call for a clampdown on political dissent. COVID ‘contact tracing’ is now being used to track down activists and those associated with them. Facial recognition is used to find targeted individuals in crowds. From the start, I said this supposed public safety gimmick would be used to isolate and destroy peaceful activism.
If the chaos continues, there will be citizen demands for law and order…. Officials will argue that the ongoing destruction and violence can only be contained by the military.
Moreover, as Shenali D. Waduge pointed out in her article ‘George Floyd Murder Enflames US. America Is a Failed State’:
The death has also brought to the focus and exposed the double standards of the UNHRC/international human rights organizations and other righteous mouthpieces who remain mum…. 5 days since the murder of George Floyd and not a single statement or condemnation by international entities.
Having noted the above however, it is worth pointing out that most of the people protesting the police murder of George Floyd have been nonviolent (about which I will write more below). But if you would like to better understand the psychology of racist violence, see ‘Why are all those Racists so Terrified?’ and for psychological insight into the pervasive police violence in the United States, see ‘Why are Police in the USA so Terrified?’
But while the global elite is intent on destroying us as individuals as well as destroying the societies in which we have lived, the coup has also accelerated each of the four primary paths to human extinction.
Fast-Tracking the Four Paths to Human Extinction
I have previously explained the four distinct paths to imminent human extinction (that is, within five years), making laughable the elite-driven narrative that we have until 2030 or even 2050 to avert it. I have also explained the three other possible paths to extinction in the near term, particularly when considered in conjunction with the four primary threats, as well as the path to extinction that looms before us when we consider the impact of all seven of these paths in combination with the vast range of other threats to Earth’s biosphere. See ‘Human Extinction Now Imminent and Inevitable? A Report on the State of Planet Earth’.
These interrelated threats have generated a shocking series of ‘points of no return’ (‘tipping points’) that we have already crossed, a mutually reinforcing set of negative feedback loops that we have already triggered (and which we will continue to trigger) which cannot be reversed in the short-term, as well as the ongoing synergistic impact of the various ‘extinction drivers’ (such as ongoing extinctions because dependent species have lost their resource species) we have set in motion and which cannot be halted irrespective of any remedial action we might take. Hence, taking into account all of the above factors, the prospects of averting human extinction are now remote, at best.
Given these ongoing threats, coupled with the latest threats to our essential humanity and political freedom posed by measures being taken during the elite coup, I have also explained the vital importance of defending our humanity and this political freedom from these latest threats if we are to have any prospect of even fighting for our own survival. See ‘The Elite’s COVID-19 Coup: Fighting for Our Humanity, Our Liberty and Our Future’.
In essence then, the elite coup being conducted under ‘cover’ of the fake virus known as COVID-19 – see ‘Unmasking the Lies Around COVID-19: Facts vs Fiction of the Coronavirus Pandemic’ – has not only facilitated a dramatic acceleration in the process of destroying what remains of the human individual and society, it has also fast-tracked each of the four primary paths to imminent human extinction. Let me briefly elaborate this and explain why it is happening.
The bottom line is for the people to regain their original, moral principles, which have intentionally been watered out over the past generations by our press, TV, and other media owned by the Illuminati/Bilderberger Group, corrupting our morals by making misbehavior acceptable to our society. Only in this way shall we conquer this oncoming wave of evil.
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