The Panama Papers as they have become known have unleashed a massive backlash against the political establishment worldwide which has already claimed its first scalp, that of the Icelandic Prime Minister Sigurdur Ingi Johannsson as his wife, not he, had investments in Panama.
It turns out that our own David Cameron has been a direct beneficiary of his late father’s ill gotten gains from investments his father did not pay UK taxes for 30 years on not just in his will but also as a result of off shore investments in Panama. George Osborn is also implicated. It just gets better as several other Tory ministers also have such investments.
Cameron campaigned for the City of London to be excluded from scruitiny or checks when EU ministers were tightening legislation against bankers, stock brokers and commodity brokers, among others, so for him to say he has done more to sweep away bad practice is a bare faced lie and one he must pay for with his position.
What is interesting is that while fingers are being pointed just about everywhere else, there seems to be little in the way of reporting any such discrepancies of US politicians which, as there is an election taking place right now, would make perfect sense to ask those politicians to also publish their tax returns or the US equivalent thereof.
The point is that politicians are elected to do the best for their countries and by way of each sharing their own burden in the form of taxes, it is incumbent for voters to know whether those same politicians who are so keen to tell everyone else how their lives are going to be managed, to be scruitinised by the voting public so that it is apparent that politicians’ own affairs are in good order without any shady dealings.
I still say David Cameron’s position is untenable and so is that of the Tory party which is in the process of imploding over Brexit. Both sides are getting more and more heated about something that is designed to distract us from Cameron’s own wrongdoings over the past six years that it is inevitable there won’t be much of anything left by June. I look forward to casting my vote at the next General Election in November.