Panamablacklisting sends country reeling

 
2,293Views 21Comments Posted 06/12/2017

THE GOVERNMENT   and Panama's private sector were left reeling by Sunday’s announcement from the 28  countries of the European Union that the country has been included in a new blacklist of tax havens along with 16 other territories.

But   with the country tarnished by near-daily revelations of corruption at the highest levels of government,  a real estate industry used to launder drug money and a flawed  judicial system which  grants impunity to those who have stolen hundreds of millions of dollars from the public coffers and accepted massive bribes from entities like Odebrecht, while the administration continues  to hand out lucrative  direct contracts,  the decision will not come as a surprise.

The Panama Papers revelations sent shock waves around the world and the government’s efforts to paper over the cracks with an inquiry committee largely composed of local power brokers led to the early resignation of two distinguished outsiders, a Nobel prize-winning economist and a famed Swiss law professor. They declared themselves hamstrung by restrictions imposed by the country’s leaders who, when the scandal broke had the founders of the law firm at the heart of the scandal. acting as advisors to the administration.

The “outsiders”  did not go quietly but issued their own report in  Brussels at the heart of the EU, calling for quarantines for tax havens. The administration was wearing blinkers and earplugs,

In an age of information overload, successive administrations continue to live in a bubble, acting as if “news”  of goings-on in the isthmus take weeks to reach the rest of the world as it did when The Panama Star was founded in the mid 19th century.

Odebrecht, Finmeccanica, Martinelli, Financial Pacific  “New Business”  the Supreme Court-National Assembly impunity pact, Waked and more have not gone unreported.

The EU reserves the right to impose sanctions on the countries that make up the list, which will not be able to benefit from economic development funds according to the conclusions, signed on Sunday.

La Prensa reports that The EU decision provoked the "overwhelming" repudiation of the private sector and the Government, which recalled its ambassador to the bloc, to assess damage control.

The president of the National Council of Private Enterprise, Severo Sousa, said that the country should adopt a more vigorous position and suggested that the public and private sectors dialogue to make decisions, without ruling out “retaliatory measures”

Threatening to use small arms against a giant power block will not work.  Flushing the corruption toilets, including the judicial system would be a better starting point.



Comments 21

user
Bob

I think Panama has enough politicians lying to them, they don't need trump too.

Last year
user
mhogan

I think it's a mix and match bag of accusers. Latest news: one just recanted her story, claiming she forged the notes (at least part of it--yeah, sure; try all of it) in the yearbook. So that's one who lied. Who else? Then how many of the remainder remember things that didn't happen? But the LEFT hangs on to their assertion that "the woman" should always be believed! Or that the standard for judging cases of "inappropriate ?? sexual behavior" has to be different than real crimes. And why is that?

Last year
user
mhogan

And you're as pure as driven snow. Sure! Guess you've never complimented a woman on how lovely she looks;. My woman (and yes, she's a real woman ... Not a feminist) shows appreciation, not condemnation of those horrible sexual harassment compliments. In fact, by the time I have to stop giving (non-sexual) hugs in return to all the real women I know and respect, dig a hole and bury me. I shun feminists like the plague, as all REAL men should. Tired of men allowing themselves to be "feminized". Viva la diferencia

Last year
user
rbc11

I suppose you will also toss away the at least 13 women who have accused trump of sexual harassment.

Last year
user
Banjaxed

At first I misread this and thought you were the expert on false memories. That was my fault. I am aware of the phenomenon of false memories but that's about as far as it goes. I suppose it is possible that the eight women who have come forward so far have had their memories manipulated by a psychologist or other expert in the field or they could all be suffering from some mental malady that causes them all to believe the same thing was inflicted upon them by the same person. I think that is stretching credulity. It would be more believable that they were all lying, but only just. As you said before We'll have to wait and let it run it's course. In the meantime, I wouldn't let him anywhere near my daughters, just as a precaution.

Last year
user
mhogan

Oh, my. In university (if you even attended one) amongst peers and wanting to impress, I guess you've never uttered a misogynist term. Did you ever glance through a Playboy magazine as a child (or adult)? Not that these comments made by Trump are respectful of women, because they are not, but they were not intended for public consumption. I suspect his locker room banter was a case of male false bravado. If every thing one says is to be revealed, we're in big trouble. There goes attorney-client privilege, for one. This is nothing more than dirty politics. Feminism (if you take it as "women's lib") is getting out of hand -- with vagina hats and all.

Last year
user
rbc11

It is called the hollywood access tape. On utube entitled "Donald Trump on tape: I grab women by the pu**y

Last year
user
mhogan

Allow me to proffer this (from Scientific American) "I'm a psychological scientist who specializes in memory. In my research I demonstrate just how easily our memory can be messed with. I use techniques that mirror the kinds of suggestion and imagination exercises that therapists often use in regression therapy, but I use them to deliberately create dramatically inaccurate memories. My research shows that these techniques can generate complex memories, where people remember in vivid detail that they committed a crime, for example or that they physically injured themselves. But my participants never actually committed the crimes they so adamantly confess to, and never experienced the injuries they describe. The memories that I create are called rich false memories, and in situations OUTSIDE OF THE LAB they can quite easily ruin lives and can lead to complex false memories of atrocities." I wish I could recall better the situation of a court-appointed psychologist who used to testify on behalf of children who professed that in earlier years they were sexually molested. This psychologist ultimately stopped representing future so-called victims (and wound up testifying on behalf of the other side) when she discovered that the repeated suggestion of molestation resulted in detail that built on detail for two reasons: (1) the victim craved the attention and (2) an eagerness to please the therapist with more and more (false) details. More important, the victim began to believe the story truly happened -- what the quote above called "rich false memories". I think this "#MeToo" movement is not 100% legitimate for the same reasons. There is no reason why adults cannot succumb to the same false memory incidents, whether intentional (for attention, payoff, political destruction of a target, etc.) or, if by repetition of their stories (helped by the Gloria Allred lot, media, etc.) and others , they came to believe it really happened. Forty plus years of memory regression can be distorted in the right hands. So, here we are, full circle with my quote from Thomas Sowell: "Some things are believed because they are demonstrably true, but many other things are believed simply because they are asserted repeatedly."

Last year
user
Muse

Child molesters and pussy-grabbers are busy making Amerika great again

Last year
user
Banjaxed

There are at least two accusations of sexual assault not DATING. If I had sexually assaulted someone I'm sure I would remember it no matter how long ago it was and I'm sure the person assaulted would definitely remember it. Just because something is culturally acceptable does not make it right.

Last year
user
mhogan

To my knowledge, they are investigating. Let it run its course. We're talking 40 years ago. Like the Capital One credit card ad, "What's in your wallet"; 40 years ago, what was in your pants, Benjaxed? And back then, in Alabama, what was the culture of dating a woman under 18? DATING!!

Last year
user
mhogan

Can you share that video. Was it anything like Clinton/Monica's semen stained dress proof?

Last year
user
Banjaxed

Giving an alleged paedophile who has been accused by at least eight different women the benefit of the doubt is not very wise in my opinion. Google "Jimmy Saville" to find out how that could end. Yes, someone is Innocent until proven guilty, and rightly so. This however should not preclude taking the accusers seriously and a thorough investigation taking place.

Last year
user
rbc11

Would somebody (preferably not RC) explain why Trump gets a free pass on his admitted on video, predatory activities with females?

Last year
user
mhogan

The only word your comment is worthy of is "alleged". How would it go over if I were to say "Bejaxed is an alleged racist"? You think some people would automatically condemn you -- of course they would. After it, it's in print, isn't it? Also, let's give the man, Roy, the benefit of the doubt. Just how does he go about proving a negative? As ridiculous as the Left in America (and elsewhere) not recognizing accomplishments of the current U.S. President -- they want to keep harping on Russian collusion, stolen election, and impeachment. Pathetic, since all of these will be proven false. You know there's a saying by someone I have a great deal of respect for, Thomas Sowell "Some things are believed because they are demonstrably true, but many other things are believed simply because they are asserted repeatedly." So keep at it with your rhetoric on Roy Moore and Trump and collusion, et al -- but I have serious doubts it will pass the test of "demonstrably true"

Last year
user
Richard Charron

If Moore is guilty you can bet that he will be gone as soon as he is elected. I am personally a little curious why this stuff is resurfacing just 2 weeks before the election. But be that as it may, if he is guilty then he should be punished. But certainly I don't approve of trying him in the media. The main goal for the next two weeks is to maintain the seat in the Senate. With the slim margin he has in the Senate it's important to keep that seat as it could affect his agenda severely to even come close to having Schumer as leader of the Senate. It's bad enough he has to fight with the MSM and a bunch of political hack Republicans without losing control of the Senate. Laugh if you will but the rest of us are enjoying the fruits of his governance.

Last year
user
Muse

Bahahahaha. Lock him up.

Last year
user
Banjaxed

Pure comedy gold. I've just been reading how your precious President told Roy Moore "Go get 'em, Roy". Is that something that should be said to an alleged paedophile. You can't make this up. Seven years of Donald trump, I doubt it but you never know. The comedy could last that long.

Last year
user
Richard Charron

I you enjoyed that, stay tuned because you are really going to enjoy the next 7 years as I brag about how President Trump is reforming politics as we know it today. Just look at what he just did in Israel. After 50 years of screwing around with the Palestinians he basically told them to shit or get off the pot. I loved his comment yesterday when asked about his decision. I'm paraphrasing but he said something to the equivalent of when you keep doing the same thing over and over again with no progress it's time to try something else. This is what a leader does. He will transform politics in our country as he "drains the swamp".

Last year
user
Banjaxed

That's the most hilarious thing I've read all day. I needed cheering up. Thank you.

Last year
user
Richard Charron

What Panama needs is a Trump-like person to come in and completely take charge of draining the swamp. Panama could be such a beautiful place without all the corruption.

Last year
The comments are the responsibility of each author who freely expresses his opinion and not that of Newsroom Panama.
Please enter a valid email.
Please enter username.
Please, enter a valid message.
Please validate that it is not a robot.