Maybe I missed it, but I haven't seen this posted on Daily Kos, and I figure it's pretty relevant. This'll be short because 1) I'm not a diary writer and 2) I really don't know what to say. My jaw is still hanging down around my balls.
http://www.guardian.co.uk/...
Looks like the rich are sheltering up to $32 TRILLION DOLLARS in cash in the British Virgin Islands... but now we'll be finding out who they are since a leak has given us their names and emails.
Millions of internal records have leaked from Britain's offshore financial industry, exposing for the first time the identities of thousands of holders of anonymous wealth from around the world, from presidents to plutocrats, the daughter of a notorious dictator and a British millionaire accused of concealing assets from his ex-wife.
The leak of 2m emails and other documents, mainly from the offshore haven of the British Virgin Islands (BVI), has the potential to cause a seismic shock worldwide to the booming offshore trade, with a former chief economist at McKinsey estimating that wealthy individuals may have as much as $32tn (£21tn) stashed in overseas havens
Part of me is not surprised to learn that the rich are sheltering their money. but then, I'm still having trouble getting my head around the who TRILLION thing.
For reference, this is a trillion:
This, folks, are $100 dollar bills being double stacked man-high. You can see the tiny little many in the corner if you squint... So imagine 32 of these.
This is where all of our infrastructure money is going. Not just in America, but across the world. It's almost half the world's GDP. Over the course of 20 years, $3.5 trillion of that money could eliminate poverty. I don't even know what to say. This is pure, unbridled greed... and it isn't even all the money the elite are stashing away!
Is it strange that of all the things that this information could bring about, I'm most curious to see who is still using an @aol email address?
