Friday, April 5, 2013

Friday beaver snatch your stash before they cash your snatch

Beavers hide their stash at the lodge. Millionaires and billionaires have other means. The Swiss have reluctantly divulged the whereabouts of some piles of loot that's been kept from the prying eyes of the tax man for years. You too could win the game of "who has the most toys" too if it was you and your cohorts were making up the rules of the game. Enter the husband of a canadian senator (Canadian you say? And we always thought they were so polite and all.) Turns out a certain information leak reveals the whereabouts of some cold hard cash neatly hidden from the prying eyes of regulators and the Canadian revenue department. The International consortium of Investigative Journalists (ICIJ) has stumbled upon some very important information. (Who says the pen isn't mightier than the sword?) 

The Canadian connection
One Anthony "Tony" Merchant a class action lawyer set up an offshore trust in the Cook Islands. This was to be a blind trust and therefore to be tax exempt his wife being a senator and all. The only problem was that he listed himself as the beneficiary. When the government pointed this out to him he changed it to a trustee corporation. The only problem there was that he was the head of that corporation. Eventually he got things a bit correct by listing his wife as beneficiary, however this is far from being anything but blind. It was pointed out in a news report that there are entire companies in the Caymans, Cook and British Islands in the Caribbean that pride themselves in setting up trusts and corporations complete with dummy corporate officers.

A list of these scalawags reads like a who's who of failed countries. Look no farther than the countries that are imposing austerity measures on their populace and these guys are not far behind sucking the life blood out of just about every country. All the while blaming those who had nothing to do with any of this. Sorry pal I earned my money the old fashioned way, I worked for it.

Bank fails later
UPDATE: One bank failed in Az. this week


BBC said...

I worked for my money also and I'm not trusting it to any greedy fuckers.

Randal Graves said...

I'm sure the feds will get right on it once they've finished blowing the rich.

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Demeur said...

Billy you already do when you keep it at Skank of America.

Finished? Thought it was a life long contract Randal.

Sorry trolls this is a 'beaver and pussy' blog no dogs allowed. Learn plain Engrish would ya.

The Blog Fodder said...

Tony Merchant is a Regina Lawyer. I watched his mother on TV when I was a kid. She was a nice lady. Tony, on the other hand,...
If you see your spouse with Tony on his/her arm, you know it isn't going to be a friendly divorce. I could use a great many adjectives but would not want to end up in court.