According to a recent Reuters report the rich parasites of this world have as much
as $32 trillion, (£20 trillion) of financial assets stashed away in
offshore tax havens, which translate into approximately $280 billion
in lost tax revenue. This pot of their secret money does not include
their other toys, such as non financial assets, for example, yachts,
racehorses, gold and real estate. The report also states that the
richest citizens in 139 developing countries have from 1970 to 2010,
amassed between $7.3 to $9.3 trillion in unrecorded offshore wealth.
What was that you said about austere times?
Why should I pay taxes, they'll only spend it on things I don't need.
While the worlds
parasitical leeches, as individuals, are robbing the people blind,
the fine institutions of this corporate capitalist system are
grabbing their share of all the dirty money in the world. HSBC,
Europe's biggest bank, has just had it wrist slapped for laundering
truck loads of drug money and helping to fund Al Qaeda and other such
organisation. In case you don't know HSBC is also one of the best at
screwing its customers, for example, it has the highest overdraft
rate of any bank, it raises over £5 billion in overdraft fees in the
UK in a year. Which of course helped it to £13.8 billion profit in
2011, and helped it hand its CEO over £7 million for his piggy bank.
Of course HSBC does not stand alone in the fiddlers club, last week
the offices of UBS Bordeaux and Strasbourg were raided on suspicion
of money laundering and approximately 5,000 German clients of Credit
Suisse are being investigated on suspicion of tax evasion. We can add
to that the recent, but now not mentioned massive Westminster
expenses exposure and you come up with a picture of a system that
well and truly screws the public in favour of the parasites. Yes,
we're all in this together.
There is talk
of climate change because of pollutants produced by us humans,
perhaps the real culprit is the foul stench that emanates from our
economic system that is choking all life on the planet.