“We are not so interested in celebrating the demise of tax havens as we are in drawing the appropriate lessons from this event. The first lesson we can draw is that the world is a lot more coordinated than is ordinarily admitted. How is it possible that countries around the world have come up with the same legislation at the same time focused on destroying offshore banking once and for all? The idea of one coordinated world has long been scoffed at as a kind of conspiracy theory. But these days, conspiracy theory seems to be chasing actual facts. The facts – in fact – are not in doubt. Post-Cyprus is surely a different era.”
http://www.thedailybell.com/29061/A-Modest-Monetary-Proposal
Related posts:
The latest casualty in the global pension catastrophe is…
Eminent Domain and the Decline of Detroit
Feds put heat on Web firms for master encryption keys
Reality Check: DNC Runs Over Delegates With Scripted Platform Vote
FNN AU: Marc Faber 'Optimistic Prediction 4 Central Bankers Fate'
U.S. Regulations Require Use of Biofuel That Doesn't Exist
NSA Whistleblower Says Everyone In US Under Surveillence, Massive Data Center In Utah
Man killed by half-ton of marijuana
Blind juggling robot keeps balls in the air for hours
Chrome Plug-In for Bitcoin Wallet Attracts Big-Name Talent
Why Does Ben Bernanke Set a Specific Point Target for Inflation and Not a Range?
New Hampshire police Taser Chinese woman who tried to buy too many iPhones
Obama 'Hope' poster artist says drones have killed hope
Cristina Fernandez wants you to have an erection
Groklaw Shuts Down Over U.S. Internet Surveillance