Re: Ten Theses on the Panama Papers

2016-04-07 Thread t byfield

On 7 Apr 2016, at 4:15, Florian Cramer wrote:


Berger is by far not the only one with this opinion. After I posted
his article here, WikiLeaks retweeted the link to Nettime's archive
and Berger's piece. Before, Wikileaks tweeted the following (so we can
consider it WikiLeaks' official position on the matter:


Berger makes those points, but they're drowned out by all his cranky 
noise -- like the opening words:


   What did you learn from the Panama Papers? That African,
   Russian, Ukrainian and Asian 'elites' are corrupt? Well,
   this should have been known a for long time...

I'm deeply skeptical about 'data journalism,' but Berger's dismissal -- 
in his second paragraph -- is just silly:


   the ICIJ...seems to mix up investigative journalism with
   data journalism. The latter, a new form of journalism,
   takes some database and looks, with filters and search
   terms, for info snippets that lend themselves to headlines.

And so on. Yes, many other people have made the same points -- and done 
a much better job of it.


Funding sources do indeed exert subtle and not-so-subtle pressure on 
journalists -- I've experienced this firsthand and returned half of a 
substantial 'journalism' grant when the funder tried to tell me what I 
couldn't say. So, yes, the US-centrism of the funders is a serious 
consideration in evaluating how the Panama Papers are handled. But that 
can have many different valences. For example, where are all Russian and 
Chinese funders who might balance out a US agenda? Ah, yes, right... But 
my point isn't to stage a naive reenactment of Cold War oneupmanship. 
The questions can and should be mobilized positively: we should *also* 
ask about support from entities based in (to go down a list of nominal 
GDPs) the EU, Japan, Germany, the UK, France, Brazil, Italy, India... 
And we should think in terms of regions, not just nations, because 
transnational civil society networks that cross potentially hostile 
borders would bring additional kinds of legitimacy. The implication, of 
course, is that it's not just a matter of funding: it involves 
everything from legal nuts and bolts to much more diffuse questions 
about perceived legitimacy in different contexts and the insight and 
confidence to ask challenging questions. (Are there Indian nationals in 
the Panama Papers? No doubt. Pakistanis? No doubt. Are there citizens in 
both countries who have a shared interest in reasserting authority over 
cynical and corrupt officials and structure? YES.) There are many 
critical points to be made along these line, but fetishizing funding 
above everything else doesn't tend to do that. On the contrary, it 
explicitly affirms the unimaginative idea that money equals power. Leaks 
like the Panama Papers should provide an opportunity to show, on every 
level and in every way, that there are forms of power that don't depend 
on money.


Cheers,
T

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Re: Ten Theses on the Panama Papers

2016-04-07 Thread John Young

To assure official and congenial approval and financial support for
disclosure it is essential to choral "not like WikiLeaks" then scream
big numbers and Titanic significance, yes dear passengers, the ship is
unsinkable.

Why even the Snowden Unsinkable Molly Brown distances itself from the
horrifying Lusitania.

And why not, impermeable WikiLeaks assures its sailors that really,
really big, super important, government-shaking, "Leaks" (capitalized
as in capital) have established the benchmark for pleasant voyages
through turbulent seas of mega-tera bytes of digital flotsam and
plastic.

Never mind that disclosures upsetting to Queegs are as old as Queens,
the customary way of succeeding the flag officers with new, terrifically
bloated and blared ways to get off asses and mass steal from the
super-big stealers.

Where in the Panama (nee Pentagon) Papers are the riches of Cuba,
Nicaragua, North Korea, Sudan, all the rogues so irritating to Wall
Street-ICBM itchy fingers ready to annex ever more Truman Doctrine dirt
farms atop fossil treasures.

Hark: NGOs are not non-governmental, merely pretend to be to maintain
tax avoidance services to bloated porkies just like Mossack Fonseca.


At 04:15 AM 4/7/2016, you wrote: > > On 5 Apr 2016, at 14:42, Florian Cramer 
forwarded:


>> Panama Papers - not the Scoop but the Flop of the Century
>
> Florian, I'm pretty confident that Jens Berger's eruption won't age
> hold up very well, and I really wonder why you bothered to forward such
> a load of bollocks. And to follow that up with intimations that most of
> the major foundations are behind the fact that no US citizens have been
> named in the first 36 hours? I'm under no illusions about the many
> roles that the upper echelons of US civil society have played in
> shaping (some would say distorting) the world for decades, but Berger's
> tantrum and your follow-up would be very much at home on Fox News.


Berger is by far not the only one with this opinion. After I posted
his article here, WikiLeaks retweeted the link to Nettime's archive
and Berger's piece. Before, Wikileaks tweeted the following (so we can
consider it WikiLeaks' official position on the matter:

<...>

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Re: Ten Theses on the Panama Papers

2016-04-07 Thread Florian Cramer
> On 5 Apr 2016, at 14:42, Florian Cramer forwarded:
>
>> Panama Papers - not the Scoop but the Flop of the Century
>
> Florian, I'm pretty confident that Jens Berger's eruption won't age
> hold up very well, and I really wonder why you bothered to forward such
> a load of bollocks. And to follow that up with intimations that most of
> the major foundations are behind the fact that no US citizens have been
> named in the first 36 hours? I'm under no illusions about the many
> roles that the upper echelons of US civil society have played in
> shaping (some would say distorting) the world for decades, but Berger's
> tantrum and your follow-up would be very much at home on Fox News.
   

Berger is by far not the only one with this opinion. After I posted
his article here, WikiLeaks retweeted the link to Nettime's archive
and Berger's piece. Before, Wikileaks tweeted the following (so we can
consider it WikiLeaks' official position on the matter:
   
"In total, Guardian has released, 2 #PanamaPapers documents.
Süddeutsche Zeitung, 0 documents." "#PanamaPapers: If you censor
more than 99% of the documents you are engaged in 1% journalism by
definition."

"US govt funded #PanamaPapers attack story on Putin via USAID. Some
good journalists but no model for integrity."
   
"The US OCCRP can do good work, but for the US govt to directly fund
the #PanamaPapers attack on Putin seriously undermines its integrity."

"#PanamaPapers Putin attack was produced by OCCRP which targets Russia
& former USSR and was funded by USAID & Soros."


Craig Murray, former British Ambassador to Uzbekistan, wrote the
following on his blog:

   "Whoever leaked the Mossack Fonseca papers appears motivated by a
   genuine desire to expose the system that enables the ultra wealthy to
   hide their massive stashes, often corruptly obtained and all involved
   in tax avoidance. These Panamanian lawyers hide the wealth of a
   significant proportion of the 1%, and the massive leak of their
   documents ought to be a wonderful thing.
   Unfortunately the leaker has made the dreadful mistake of turning to
   the western corporate media to publicise the results. In consequence
   the first major story, published today by the Guardian, is all about
   Vladimir Putin and a cellist on the fiddle. As it happens I believe the
   story and have no doubt Putin is bent.
   But why focus on Russia? Russian wealth is only a tiny minority of the
   money hidden away with the aid of Mossack Fonseca. In fact, it soon
   becomes obvious that the selective reporting is going to stink.
   The Suddeutsche Zeitung, which received the leak, gives a detailed
   explanation of the methodology the corporate media used to search the
   files. The main search they have done is for names associated with
   breaking UN sanctions regimes. The Guardian reports this too and
   helpfully lists those countries as Zimbabwe, North Korea, Russia and
   Syria. The filtering of this Mossack Fonseca information by the
   corporate media follows a direct western governmental agenda. There is
   no mention at all of use of Mossack Fonseca by massive western
   corporations or western billionaires â the main customers. And the
   Guardian is quick to reassure that âmuch of the leaked material will
   remain private.â
   
   What do you expect? The leak is being managed by the grandly but
   laughably named âInternational Consortium of Investigative
   Journalistsâ, which is funded and organised entirely by the USAâs
   Center for Public Integrity. Their funders include
   Ford Foundation
   Carnegie Endowment
   Rockefeller Family Fund
   W K Kellogg Foundation
   Open Society Foundation (Soros)
   among many others. Do not expect a genuine expose of western
   capitalism. The dirty secrets of western corporations will remain
   unpublished.
   Expect hits at Russia, Iran and Syria and some tiny âbalancingâ western
   country like Iceland. A superannuated UK peer or two will be sacrificed
   â someone already with dementia.
   The corporate media â the Guardian and BBC in the UK â have exclusive
   access to the database which you and I cannot see. They are protecting
   themselves from even seeing western corporationsâ sensitive information
   by only looking at those documents which are brought up by specific
   searches such as UN sanctions busters. Never forget the Guardian
   smashed its copies of the Snowden files on the instruction of MI6.
   What if they did Mossack Fonseca database searches on the owners of all
   the corporate media and their companies, and all the editors and senior
   corporate media journalists? What if they did Mossack Fonseca searches
   on all the most senior people at the BBC? What if they did Mossack
   Fonseca searches on every donor to the Center for Public Integrity and
   their companies?
   What if they did Mossack Fonseca searches on every listed company in
   the western stock exchanges, and on every western millionaire they
   could trace?
   

Re: Ten Theses on the Panama Papers

2016-04-06 Thread Brian Holmes

On 04/06/2016 07:17 AM, Florian Cramer wrote:


   The Cold War has taught us to be suspicious about NGO activity and
possible governmental agendas behind them.


But Florian, don't you think we're at antipodes from the Cold War? And 
how much suspicion is really needed to understand those agendas?


The elites behind the ICIJ - Ford Foundation, W.K. Kellogg Foundation, 
Rockefeller Family Fund, Stanley Foundation and McArthur Fund - are all 
affiliates of the Democratic party and primarily concerned with social 
reproduction. Their agenda is obvious. The capacity of the Democratic 
party to govern is threatened in at least three ways: By lack of funds, 
by the overweening power of the billionaire class, and by populist 
revolts due to the collapse of life prospects for the majority of the 
population. Since 2008 the federal government has consistently decried 
its inability to collect taxes (from Apple, etc) and yesterday, Obama's 
off-the-cuff remarks about the Panama Papers were to the effect that the 
problem is, most of these tax havens are legal. There's a reason for 
that. For forty years the US capitalist class has promoted the idea that 
government should be shrunk to the point where you can drown it in a 
bathtub, and the centerpiece of their strategy was and remains tax cuts. 
As a master of suspicion I find nothing on which to exercise my powers 
here. These elites desperately need money in order to promote a reform 
program - and they need much more money than the foundations have in 
their coffers. They also need to push back at some intractable oppoosition.


The world in which our critique even mattered is now very fragile. For 
years I have been saying this is a major crisis that will change the 
system, and that too is now obvious. There is a keen and widely shared 
awareness among intellectuals and even just those who read the news that 
the so-called democratic societies are at their short-term limits, even 
as middle and long-term problems grow to vast proportions. At such 
moments one does not blindly support the status quo ante, for sure - 
that's what produced the problem - but I do think one has to critically 
take sides and develop some constructive positions.


I have been to Panama City. The towering skyline that emerged over the 
last ten years is half-empty: it was made by speculative real estate 
money that has established similar operational bases around the world, 
to profit from global networks and stateless capital flows. The 
Panamanians themselves are wonderful people, but the city the TCC has 
built is particularly dark, the nastiest side of power, drugs, arms, 
dictators, skullduggery. By comparison, the Caymans, the British Virgin 
Islands are - quintessentially European. A polite, dignified, tasteful 
knife in the back with hit squads ordered from Panama. This is very 
different from the Cold War where two rationalized power blocs 
confronted each other in a managed growth dynamic. Global capitalism is 
now evolving chaotically, toward a state of pure unorganized competition 
between increasingly powerful actors who may be able to protect 
themselves (and hide their money) over the short term, but who can do 
nothing to support the reproduction of society. Either there is a 
collective effort to curb the powers of the Transnational Capitalist 
Class, and in parallel, to create new powers of governance, or the 
outcome of these chaotic trends is highly predictable.


thoughtfully yours, Brian

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Re: Ten Theses on the Panama Papers

2016-04-06 Thread t byfield

On 5 Apr 2016, at 9:17, Patrice Riemens wrote:


7. Leaks have become unquestionable.

With earlier disclosures, the authenticity of documents leaked could
always be credibly disputed. Nowadays the authenticity of materials
obtained thru electronic leaks, due to its sheer magnitude and the one
to one nature of a digital reproduction, is much more difficult to
question.


For now, maybe, but that won't last long. On the contrary, I think 
they'll quickly become *precisely* questionable, plagued with questions 
about agendas within agendas, the provenance and 'curation' of 
documents, and so on. It may sound strange to use language associated 
with connoisseurship in this context, but it isn't; on the contrary, 
this increasingly leaky world will be defined more and more deeply in 
aesthetic ways -- because leaks involve *media*.


I'll start with one example, an argument I first heard Florian Schneider 
make, although aspects of it connect to a wider range of work -- for 
example, Eyal Weizman's forensis initiative and Rabih Mroue's 
meditations on visuality of confrontation. The basic idea involves a 
drastic change in the aesthetics of 'authority.' High resolution, 
precision, stability, and controlled framing used to be the dominant 
meta qualities of visual 'truths,' but they've given way to a 
counter-aesthetic: pixelated, chaotic, fragmentary, indeterminate. The 
more fucked-up a video, the more authentic it seems; and, conversely, 
the more 'produced' a video, the more artificial it seems. This isn't 
entirely new (but nothing ever is entirely new):  we can find 
prehistories in the enigmatic blurring in photos of disappeared 
kommissars, the umpteenth-generation photocopies that of cultural arcana 
that circulated with punk and experimental music, older films like 
Coppola's _The Conversation_ and Antonioni's _Blow-up_, and newer ones 
like _The Blair Witch Project_. But some of it is new: the way that 
blocky pixelation and portrait framing suggest a phone camera and 
precious video uploaded against al odds, buffers of audio without video, 
the sounds of hardware being jostled and scraped. But those very 
qualities are easy -- maybe the easiest -- to forge.


The other extreme is a very different aesthetic, but one that will be 
much harder to identify as such because it'll be scattered across 
seemingly disparate artifacts in many media -- 'declassified' documents 
with their distinctive blackouts, phone-size screenshots of text 
messages and supposed deleted social-media profiles and posts, and soon 
enough voice and video recordings. Again, these techniques have lots of 
precedents, real and imaginary -- in books  (say, novels by people like 
Le Carre but going back to volume 2 of _Don Quixote_), in film (F for 
Fake, The Prisoner, Willy Wonka and the Chocolate Factory, The Truman 
Show). But these won't just be forged documents or even dossiers, 
they'll be 'distributed' in ways that are really boggling. Many of the 
constituent technics needed t generate and drive projects like this are 
already commodified: botnets and troll armies planting Markov-generated 
noise, hardware and networks subverted to perform ever-more subtle 
man-in-the-middle and replay attacks, and digital signal processing 
technologies (the most recent that I've seen involves real-time facial 
motion capture mapped onto archival video -- i.e., using a live actor to 
control 'old' footage). The pieces of this puzzle have been coming 
together for decades: transmedia 419 scams, social engineering > 
phishing > catfishing and spearphishing, 'overidentification' activist 
projects like the Yes Men. Call it 'just-in-time conspiratorialism.'


But beneath all that detail, my point is simple: leaks will be precisely 
questionable -- and much of the questioning will shift from away from 
the supposed substance (who? what? when? where? etc) and toward a sort 
of forensic appreciation.  and the scale of material won't be a bug, 
it'll be a feature.


On 5 Apr 2016, at 14:42, Florian Cramer forwarded:


   Panama Papers â not the Scoop but the Flop of the CenturyÂ


Florian, I'm pretty confident that Jens Berger's eruption won't age hold 
up very well, and I really wonder why you bothered to forward such a 
load of bollocks. And to follow that up with intimations that most of 
the major foundations are behind the fact that no US citizens have been 
named in the first 36 hours? I'm under no illusions about the many roles 
that the upper echelons of US civil society have played in shaping (some 
would say distorting) the world for decades, but Berger's tantrum and 
your follow-up would be very much at home on Fox News.


And...

On 5 Apr 2016, at 19:11, morlockel...@yahoo.com wrote:

Maybe I'm missing something, but the mere notion that something that 
3-400 people have access to (more likely thousands, with associates, 
managers, etc.) is a tight secret is ... mind boggling. And then when 
the logistics of distributing all these tera

Re: Ten Theses on the Panama Papers

2016-04-06 Thread Niels ten Oever
On 04/06/2016 02:17 PM, Florian Cramer wrote:

>On Wed, Apr 6, 2016 at 11:34 AM, Felix Stalder  wrote:
> 
>> > Some crucial questions remain unanswered: Why is there no notable US
>> > American citizen among the "accused"?
>>
>> But not for this reason. Much more important, as Brian pointed out,
>> is at the US themselves have become the largest tax haven, globally.
> 
>Exactly. But then we have to ask about the possible political agenda
>behind the Panama Papers, particularly if you consider the funders of
>The Center for Public Integrity that's behind 'The International
>Consortium of Investigative Journalists' (ICIJ). They not only include
>Soros, but also the Ford Foundation, W.K. Kellogg Foundation,
>Rockefeller Family Fund, Stanley Foundation and McArthur Fund, to name
>only a few
> 
>(https://www.publicintegrity.org/about/our-work/supporters).Â
> 
>The Cold War has taught us to be suspicious about NGO activity and
>possible governmental agendas behind them.Â
>-F

Hi Florian,

Could you make your suspicions a bit more explicit? What would the
explicit agenda of ICIJ be? Do you have more reasons to be suspicious? I
think their work in the past has been really quite solid.

Best,

Niels

-- 
Niels ten Oever
Head of Digital

Article 19
www.article19.org

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Re: Ten Theses on the Panama Papers

2016-04-06 Thread Florian Cramer
   On Wed, Apr 6, 2016 at 11:34 AM, Felix Stalder  wrote:

   > > Some crucial questions remain unanswered: Why is there no notable US
   > > American citizen among the "accused"?
   >
   > But not for this reason. Much more important, as Brian pointed out,
   > is at the US themselves have become the largest tax haven, globally.

   Exactly. But then we have to ask about the possible political agenda
   behind the Panama Papers, particularly if you consider the funders of
   The Center for Public Integrity that's behind 'The International
   Consortium of Investigative Journalists' (ICIJ). They not only include
   Soros, but also the Ford Foundation, W.K. Kellogg Foundation,
   Rockefeller Family Fund, Stanley Foundation and McArthur Fund, to name
   only a few

   (https://www.publicintegrity.org/about/our-work/supporters).Â

   The Cold War has taught us to be suspicious about NGO activity and
   possible governmental agendas behind them.Â
   -F

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Re: Ten Theses on the Panama Papers

2016-04-06 Thread Patrice Riemens

On 2016-04-05 23:01, Geert Lovink wrote:
> Thanks, Florian. Very interesting. What’s confusing is that the
> mainstream media (radio, TV, newspaper) that report about the Panama

This is interesting, even crucial, because now other tax authorities may 
obtain the data from the Australian Taxation Office, and if these 
requests emanate from 'rule of law', 'democratic' states (as opposed to 
dictatorships, bent on destroying their political opponents), there is 
no reason for the Australian government not to oblige.


> Papers themselves replicate the myth that the papers are somehow
> publicly accessible, searchable etc. There is one exception that I
> know of, from what has been reported here. Apparantly the Australian
> Taxation Office has a full copy of the entire data set, as became
> known yesterday, apart from the 370 investigative journalists that
> have worked on the case:
> 
> http://www.smh.com.au/business/banking-and-finance/panama-papers-ato-investigating-more-than-800-australian-clients-of-mossack-fonseca-20160403-gnxgu8.html



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Re: Ten Theses on the Panama Papers

2016-04-06 Thread Imaginary Museum projects Tjebbe van Tijen via UPC
§I like these points (yours I guess? As you could have got them form 
someone-else by a simple cut & paste)

On 5 Apr 2016, at 15:17, Patrice Riemens wrote:

7. Leaks have become unquestionable.

With earlier disclosures, the authenticity of documents leaked could 
always be credibly disputed. Nowadays the authenticity of materials 
obtained thru electronic leaks, due to its sheer magnitude and the one 
to one nature of a digital reproduction, is much more difficult to 
question.

Hence my disagreement with point 7.

There are - in my view - as many options to fake, as there are to scrutinise 
the origin of digital data...

The old adagios of 'theft' of ideas or identity hold.

When I was reading awhile ago 

Valentin Groebner. Who Are You? Identification, Deception, and Surveillance in 
Early Modern Europe. New York: Zone Books, 2007. 349 pp.

the pleasure of it was of course how well situations from a far away past could 
be imagined in our present.

Especially where there is a bulk of data, one could slip in easy say 5% of fake 
documents... which would really hurt someone who is publicly exposed as part of 
a data set that for 95% is true.

This is in itself an example how of why I do not agree with your 
"unquestionable" leak idea.

For the rest of the point... I like them.

tjebbe

 




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Re: Ten Theses on the Panama Papers

2016-04-06 Thread Felix Stalder


On 2016-04-05 20:42, Florian Cramer wrote:

> So what the Panama Papers really are is a warning to whisteblowers
> not to "exclusively" give sensitive data to media companies, but to
> use whisteblower platforms like Wikileaks instead.

Agreed.

> Some crucial questions remain unanswered: Why is there no notable US
> American citizen among the "accused"?

But not for this reason. Much more important, as Brian pointed out,
is at the US themselves have become the largest tax haven, globally.
Why run to Panama (which could get invaded or strong-armed at any
point anyway) when you can go to Delware, Nevada or South Dakota? Well
before the Panama Papers, even Bloomberg already run headline like
"The World’s Favorite New Tax Haven Is the United States" [1].

[1]
http://www.bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-n
ew-tax-haven-is-the-united-states


> Sure, it's never bad when stories about the international financial
> system's obfuscation machinery get out, provoking a political debate
> for -- at least -- a couple of days. That these debate have no
> political consequences, is part of the choreography.

In the short term, yes, but I think what we are seeing here -- and in
a myriad of other cases -- is the continuation of the slow but deep
de-legitimization of an entire socio-political regime, basically,
neoliberalism. This has already gotten so bad, that the only remaining
selling-point is fear. And change in the status quo is fought against
not with a promise (as was the case up from about 1975 to 2005) but
with a threat. Most dramatically, it was on display in Greece last
summer where the choice was: torture or end-of-the-world.

But the more the de-legitimization goes on, the more people become
willing to take risks, to make the jump into the unknown, precisely
because it's unknown rather then well-know hell of living within a
rotten carcass.

At the moment, this opens the way for all kinds of rightwing
demagogues, from Trump to LePen and beyond, and for left-wing
nostalgia, a la Corbyn and Sanders. But it also fuels much more
interesting movements, like the rebel cities in Spain, which are
working towards a new re-regionalization within a united Europe,
which, as Alex Foti pointed out a couple of days ago, seems one of few
vectors of the left that point forward.








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Re: Ten Theses on the Panama Papers

2016-04-05 Thread morlockelloi
Maybe I'm missing something, but the mere notion that something that 
3-400 people have access to (more likely thousands, with associates, 
managers, etc.) is a tight secret is ... mind boggling. And then when 
the logistics of distributing all these terabytes to hundreds of 
recipients, months ago, without a single accident, is considered, this 
becomes a virtually impossible proposition.


On top of this, it appears that each entity got a custom subset - a 
major editing task.


And none of these thousands - not a single one - sent a copy to 
Wikileaks? Give me a break.


What we have here is a totally unrealistic interpretation of the 
reality. But then it was only a matter of time when the 'anonymous 
leaks' strategy will get weaponized and incorporated into media business 
model.




has a full copy of the entire data set, as became known yesterday,
apart from the 370 investigative journalists that have worked on the
case:


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Re: Ten Theses on the Panama Papers

2016-04-05 Thread Florian Cramer
   Postscript to the above:

   The ICIJ is a project of the 'Center of Public Integrity'
   (https://www.publicintegrity.org/icij/about) whose major funder is
   George Soros,
   see https://en.wikipedia.org/wiki/Center_for_Public_Integrity#Criticism
   -F

   On Tue, Apr 5, 2016 at 8:42 PM, Florian Cramer 
   wrote:

   Jens Berger from the German political blog Nachdenkseiten has an
   opinion on the "Panama Papers" that indeed gives food for thought
   ("Nachdenkseiten" means "Food for Thought Pages). Here's a quick
   translation:

 <...>

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Re: Ten Theses on the Panama Papers

2016-04-05 Thread Geert Lovink
Thanks, Florian. Very interesting. What’s confusing is that the mainstream 
media (radio, TV, newspaper) that report about the Panama Papers themselves 
replicate the myth that the papers are somehow publicly accessible, searchable 
etc. There is one exception that I know of, from what has been reported here. 
Apparantly the Australian Taxation Office has a full copy of the entire data 
set, as became known yesterday, apart from the 370 investigative journalists 
that have worked on the case: 

http://www.smh.com.au/business/banking-and-finance/panama-papers-ato-investigating-more-than-800-australian-clients-of-mossack-fonseca-20160403-gnxgu8.html.
 

It is not yet known if these 370 journalists were given access to all 
documents. Best, Geert
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Re: Ten Theses on the Panama Papers

2016-04-05 Thread Brian Holmes
Nicholas Shaxson has written the so-far definitive book on tax havens, 
entitled Treasure Islands (2012) - a fantastic book, I am amazed no one 
seems to be talking about it right now. His central thesis is that with 
the waning of Empire, British elites sought a way to retain their 
disporoprtionate power - and found it by setting up a complex offshore 
financial circuit based in numerous remaining overseas possessions, such 
as the British Virgin Islands. Shaxson traces this network back to its 
center, the City of London, which has enjoyed extraterritorial 
privileges since the Middle Ages. Most importantly, he shows that 
through its continuous economic competition with the UK, the United 
States has become one vast "treasure island" - effectively obviating 
much of the need for US citizens to park their money overseas (although 
they still do, and the treasure islands are still crucial to many 
tax-avoidance operations).


I respectfully disagree with Patrice and Florian about these leaks. What 
is being "revealed" here are the basic functions of neoliberal 
capitalism, and therefore, the modus operandi of what sociologist Leslie 
Sklair calls "the transnational capitalist class" (the TCC). Since they 
rule, it is clear that their power will not be dissolved in a day. 
Indeed, as is said everywhere in the media, "offshore accounts are 
legal" - because the ruling class effectively writes the law. However, 
since 2008 those laws are slowly being rewritten and the only reason why 
is more understanding of the tremendous harm being done by the TCC. The 
answer to this is not the de-institutionalization that Florian calls for 
(bypassing the press), but rather, a multiplication of institutional 
efforts spurred on and kept honest by global grassroots networked civil 
society. The day when it's possible to say "the TCC" and everyone knows 
what you're talking about, is the day when things will really start to 
change. But for large numbers of people to really "know what you're 
talking about" (and not just spout dangerous populist nonsense like a 
current US presidential candidate) it's going to take a huge educational 
effort from all directions. In my view, if more institutions don't take 
part in that, it's unlikely to happen with the scope and  depth 
required. Anarchy is complementary to, not the opposite of, 
institutionality.


Here's to the Panama Papers, at last,

Brian

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Re: Ten Theses on the Panama Papers

2016-04-05 Thread olia lialina

On 05.04.2016 20:42, Florian Cramer wrote:


What did you learn from the Panama Papers? That African, Russian,
Ukrainian and Asian 'elites' are corrupt? Well, this should have been
known a for long time, with or without Panama Papers. Sure, it's never
bad when stories about the international financial system's obfuscation
machinery get out, provoking a political debate for at least a couple
of days. That these debate have no political consequences, is part of
the choreography. Next week, there's some other "news of the day", only
a month later, nobody will know remember the exact spelling of Mossack
Fonseca. These are firm rituals of our attention economy that we can't
change.


To quote sarcastic grin of Putin's press secretary: "Quality 
investigative journalism has fallen into oblivion."


https://meduza.io/news/2016/04/04/peskov-ne-nashel-v-panamskom-arhive-nichego-novogo-o-putine 
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Re: Ten Theses on the Panama Papers

2016-04-05 Thread Florian Cramer
   Jens Berger from the German political blog Nachdenkseiten has an
   opinion on the "Panama Papers" that indeed gives food for thought
   ("Nachdenkseiten" means "Food for Thought Pages). Here's a quick
   translation:

   Panama Papers â not the Scoop but the Flop of the CenturyÂ

   This morning, I rhetorically asked what would happen with the data sets
   from Panama that the global media are currently hyping. Replies from
   some competent readers of this blog confirm what I had feared: Soon our
   dear media will have their next story, and Mossack Fonseca's clients
   don't need to worry. According to the information we have at this
   point, not even tax and police authorities will gain insight into the
   data. As The Guardian wrote, the media and institutions involved
   respect the privacy of the offshore companies. So what the Panama
   Papers really are is a warning to whisteblowers not
   to exclusively give sensitive data to media companies, but to use
   whisteblower platforms like Wikileaks instead.

   by Jens Berger

   What did you learn from the Panama Papers? That African, Russian,
   Ukrainian and Asian 'elites' are corrupt? Well, this should have been
   known a for long time, with or without Panama Papers. Sure, it's never
   bad when stories about the international financial system's obfuscation
   machinery get out, provoking a political debate for at least a couple
   of days. That these debate have no political consequences, is part of
   the choreography. Next week, there's some other "news of the day", only
   a month later, nobody will know remember the exact spelling of Mossack
   Fonseca. These are firm rituals of our attention economy that we can't
   change. It would be unfair, of course, to take the Panama Papers for
   questioning these meaningless rituals.

   So let's have a different look at the matter: What could a
   well-functioning journalism have done with these data? One should
   remind oneself what "investigative journalism" really is. As a matter
   of fact, the ICIJ, the "International Consortium of investigative
   journalists" responsible for analyzing the Panama Papers, seems to mix
   up investigative journalism with data journalism. The latter, a new
   form of journalism, takes some database and looks, with filters and
   search terms, for info snippets that lend themselves to headlines. This
   is inexpensive, and it yields ratings and clicks. Checking and
   disclosing backgrounds, contexts and interconnections however is an
   expensive business. Media companies need to cut their budgets.
   The 11.5 million documents of the Panama Papers concern 214,488
   offshore companies run by about 14,000 people. As things look like,
   none of these 14,000 people will ever end up in court for what they
   did. And this has its good reasons. In many cases, Mossack Fonseca's
   services aren't even illegal. Let's take one of the most prominent
   clients. Salman Al Saud is absolutist king of Saudi Arabia. As such he
   is, true to the old saying "l'etat c'est moi", the state himself. He
   stands above of the law of Saudi Arabia, a law that doesn't apply to
   Mr. Al Saud. So he can't evade tax. What then is the information value
   of newspapers like Sueddeutsche Zeitung reporting that Salman Al Saud
   controls an offshore company on the Virgin Islands? Also in other
   cases, the information value seem to be the information as such. The
   reason for this is that we're dealing with newspaper reports that no
   court in the world will accept as evidence. As long as the data from
   the Panama Papers won't end up with national and international criminal
   investigators, the "scoop" will have no practical consequences.

   In the end, it looks as if the involved media companies used their data
   treasure trove only to increase their ratings and print runs. Some
   crucial questions remain unanswered: Why is there no notable US
   American citizen among the "accused"? Why did Süddeutsche Zeitung and
   The Guardian use the publication in a shady manner for running
   propaganda against Vladimir Putin? Why are the raw data not being
   published?

   Every whisteblower can only be advised to strictly avoid the
   investigative consortia of the media companies involved in the ICIJ.
   With the Offshore Leaks, the Luxemburg Leaks and the Swiss Leaks, ICIJ
   & Company did not exactly do a great job. The "villains" got away. If
   you really want to make an impact, publish your documents with
   Wikileaks. Only then, a transparent and democratic analysis of the
   documents will be possible.

   Original German article here:

   http://www.nachdenkseiten.de/?p=32753

   On Tue, Apr 5, 2016 at 3:17 PM, Patrice Riemens  wrote:

 The theses factory is churning on ...

 10 Theses on the Panama Papers
 <...>

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Ten Theses on the Panama Papers

2016-04-05 Thread Patrice Riemens
The theses factory is churning on ...


10 Theses on the Panama Papers

1. Never before have so many people owed so much wealth.

Even though an even smaller minority of people owe an increasing 
proportion of the world's wealth, their absolute number have been 
rising, especially during the last economic boom of triumphant 
neo-liberalism. Since the crisis their number has stabilized, or even 
dwindled a little, but it still remains considerable.

2. Never before has wealth been so 'liquid'.

Traditional wealth constituted mainly of material stuff: factories, real 
estate, land, or even money/gold - and not to forget, 'social capital'. 
All this is still there, but it has been largely 'securitized', 
transformed into financial instruments leading their own life. Property 
titles used to be the token for really existing assets, now the roles 
have been reversed.

3. Never before has wealth been so mobile.

Unlike 'solid' assets, financial instruments can be moved around at will 
- and will be. Here again, traditional profitability was a measure of 
the actual performance of the 'real' assets. Now it is their financial 
profitability, bwo 'virtual' positions, which plays that role.

4. Never before has wealth been so velocious.

'Solid' assets always have been acquired and sold and even speculated 
with, for sure. But this was a process that took sometimes months or 
even years to take place, with some exceptions taking may be a few weeks 
or even days. Money itself was moving faster, but banks  took one day or 
two to clear transactions. Nowadays the latency is rather measured in 
(micro)seconds.

5. Wealth has been digitized.

The above points 2, 3, and 4 have been greatly enhanced by information 
technology (IT). At the same time IT has become mandatory to achieve the 
objective of profit maximization. This cycle has become vicious, and is 
the source of the 'accident' befalling Mossack Fonseca, the Panama 
law/management firm 'victim' of the massive leak referd to as 'the 
Panama Papers'.

6. Leaks have become an 'integral accident'.

In the 'analog' days, a leak the size of the 'Panama Papers' would 
entail physically taking over the target's premises, and a fleet of 
lorries to truck the loot out. Now, this is just one (albeit very 
sophisticated) mouse-click away.

7. Leaks have become unquestionable.

With earlier disclosures, the authenticity of documents leaked could 
always be credibly disputed. Nowadays the authenticity of materials 
obtained thru electronic leaks, due to its sheer magnitude and the one 
to one nature of a digital reproduction, is much more difficult to 
question.

8. But the more we know for true, the less it bears to consequences ...

The Panama Papers will most probably confirm that we have swiftly 
transitioned from 'after Snowden 1.0' to 'after Snowden 2.0'. At the 
time of the Snowden revelations, the general mood was one of 'we always 
suspected something like that, now we know' - and now things must and 
will change. Now we still know, and then even some more, but we also 
know that nothing will change.

9. ... rather, it bears to negative consequences.

My hunch is that even more cynicism and delusion will result from the 
'Panama Papers'. A few individuals may go for the chop, but in most 
cases, the remaining impact will be PR-massaged away, the more so since 
a majority of ongoings featured in the leaked materials are probably 
legit - if ethically spurious/illegitimate. It is the 
(financial-economic-political-social) system itself that is sick to the 
core, the Panama Papers merely shed lights on its usually more concealed 
symptoms.


10A.  And the Society of the Spectacle marches on ...
10B.  All little bits help to break down the walls of Jericho ...
  Soon the Saints come marching in ...

(choice is yours! ;-)

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