Since when do all-powerful sovereign entities with deep dark links to ancient networks of occult banksters (aka Rothschild) ever, EVER, have "to pay" for information from lesser, two-bit hoods? Answer: they don't.
That's why I almost did a spit-take with my morning French roast when Ameera David reported that the government of Denmark has made a deal with the infamous "Panama Papers" whistleblower to actually "buy" his information and use it to barely just now crack down on centuries' worth of Danish banking corruption and tax evasion (cough, cough). As a reminder, the Panama Papers story broke right after President Obama visited Argentina's President Macri down in Bariloche, Macri himself being named as one of the evildoers in the leak. (RM story linked here.) The Panama Papers has been largely seen as another one of George Soros' propaganda projects.
Both RussiaToday and The Guardian (linked here) noted that this is the first instance of any government plunking down cash to buy the seemingly valuable data.
Jim Sørensen, a Danish tax chief, explains how this deal went down and what supposed benefit the Danish judicial system will gain from this purchase:
“The source sent us a ‘sample’, which we got people to study over the summer holidays. This convinced us of the quality of the documents. They are real and they contain information that is very relevant to us,” he said.
He added: “They are about specific individuals. They also provide super-interesting information about the methods used by advisors and intermediaries. They can give us a breakthrough in the investigation of tax havens.”
Sørensen said the source had “selected and sifted” the material before turning it over to the government. “We have the impression that the source has extremely good insight into everything the press writes in Denmark, and is very well informed about what is going on,” he said.
Yeah, I'll bet the little sampler was indeed carefully selected. Hooks usually are. This whole farce raises so many implications, mostly comical, that I can only list a handful. Feel free to post your own insights in the Comments down below. Seriously, we ought to do some kind of Deep Throat Caption Contest here.
1. Sooo, judicial agencies of sovereign governments are no longer able to investigate the criminal side of tax havens by themselves? What are you guys doing -- outsourcing your own jobs? They can't just issue subpoenas and whatnot? They now have to use taxpayer's money in order to recover taxpayer's money? Who are these clowns, relatives of America's own hamstrung SEC or CFTC?
2. "Super-interesting information" ... more interesting than porn? Surely not.
3. "This is a golden opportunity to show that we are actually going after people who cheat." And before that, you were doing WHAT, exactly? Imbibing Copenhagen's finest?
My eyebrows were further raised when none other than COMMERZBANK was mentioned within the article:
This raises the prospect that other European countries may discreetly be buying data on their own citizens. In 2014, German tax officials paid about €1m (£850,000) for files from a much smaller Mossack Fonseca leak. They carried out raids on customers of Commerzbank who were suspected of evading tax.
Commerzbank made other news last week when it was hinted that their defunct operation might get merged with another zombie bank, everybody's favorite German Piñata, Deutsche Bank. (See MarketWatch story here.) The idea was shot down, but hey, at least their shares went up briefly.
"BENDING OUR PRINCIPLES"
Truly, the cherry on top of this ridiculous exercise by the Danish tax evasion investigators was their feigned bulldog attack on Denmark's banks. Quoting from that Guardian article again:
The government had already started an investigation into eight Danish banks. A preliminary report said the banks had not done enough to ensure offshore accounts were not used for money laundering or tax evasion. The authorities also asked police to investigate whether Nordea Bank, with 11 million customers, had complied with anti-money laundering directives.
This is a historic moment for Denmark and the first time it has chosen to buy information on suspected tax offenders. Dennis Flydtkjær, an MP with the Danish People’s party and a tax rapporteur, said that he was sceptical about the deal but that “in this case we can be prepared to bend our principles.”
Oh, Denmark, yes try not to hurt yourself from "bending your principles." For now, we'll just assume that you're doing what you've always done: write-off whatever bribes you dish out to your "sources" as just another "cost of doing business." Now that the whistleblower has been paid off, we're certain that will be the end of that. Keep on privatizing those profits and socializing the losses. Everybody pays for himself and we all just keep on keeping on.