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New Rules On Corporate Secrecy Have Glaring Loopholes


#1

New Rules On Corporate Secrecy Have Glaring Loopholes

Dave Johnson

The Treasury Department released a new rule and several proposals last week that they said are intended to address the problem of corruption and dirty money in secret U.S. shell companies.


#2

The entrenched dig deeper...


#3

The pattern involves granting the impression (to the public) that a problem is being fixed or a situation "reformed" when in actuality, the legalese is set up to permit MORE of the problem the so-called reform (or initiative) purports to fix.

Note the parallel with the war ON terror managing to spread terror exponentially... to thereby provide a 10-year guarantee of work to the MIC and its weapons' designers, contractors, and suppliers.


#4

I got the feeling the Corporations suggested what should be in this bill.


#6

To paraphrase an old adage, this is clearly a case of the corrupt leading the corrupt.


#7

haha--they probably wrote it. :O)