Paradise and Panama Jitters

“Global finance has expanded without accountability and parallel attempts to take down journalism as an agent of facts is failing. A network is lined up like dots across our landscape in searches for truth, but it also continues with anger and vengeance instead of honor and integrity. To me it looks like two things. First, the attacks are a “tell” that makes the managers of extreme wealth very safe poker players, and second the enormous flow of capital has produced a condition similar to the behavior of a cancer.”

Rex L. Curry

Face it all we really have is a bad case of the jitters. After all Wilbur Ross became the U.S. Secretary of Commerce in 2017 right after his name was in the release of 13.4 million documents known as the Paradise Papers in 2016. That leak came from an off-shore finance management legal firm Appleby containing the names of more than 120,000 people and companies that hide capital. I don’t know why Mr. Ross wants that particular position of power, but it gives me the jitters.

Before Paradise we had the Panama Papers. Remember? It became “news” following the “leak” of 11.5 million documents from another managing law firm – Mossack Fonseca, a team of journalists gathered to finish the work of John Doe who’s identity remains unknown. During the analysis of the data provided journalists (not government officials) have gathered world wide to develop a plan. Their work covered many months of classic journalistic practice prior to the release of newspaper stories designed to expose how billions of dollars were hidden killed from governments. A film summarizing their experience became available in March 2019.

The work to expose the cancerous practices of extreme wealth management continues. Given global conditions even the honestly gained wealth is managed without an interest in investment aimed at improving global conditions. Following the release of findings focused on public figures, the known investigators have been harassed, some killed, and others attacked with “alternative facts” and law suits.  When it takes ‘whistle blowers” to produce the momentum for reform we should all be worried as we monitor this tale of two worlds. The distasteful cleaning of the the world’s corporate laundry needs to be forced out of these poorly managed financial closets.