For millennia, secrecy and stealth have been the primary ingredients in the acquisition and maintenance of power within our species. It is how the 1% have ruled, whilst setting the people against each other to keep them from turning on their rulers.
We have now moved into a whole new world where maintaining the ignorance of the people is becoming more difficult. From WikiLeaks to Edward Snowden, the odious Trade Agreements and now the ‘Panama Papers’, human morality, supported by the internet, is driving a coach and horses through the very heart of the traditional power base of the Old World Order of the ruling few.
As far as this latest revelation is concerned, reports suggest that sums of between some $1 to $2 trillion have been taken out of circulation and hidden away. Whilst we have all been aware that this sort of thing goes on, the sums now brought to light are truly staggering and could resolve the current plight of the poor if put back into circulation.
When you consider that this money was originally created out of thin air and then passed to the very people who already have more of it than the rest of us and who then take it out of circulation and hide it away (often legally), the whole current financial system is corrupt.
It is not only the credibility of the financial system itself that is now in question but also the governments who condone and support it. After the American Senate bullied Switzerland into opening up its secrecy rules, “to subvert further tax evasion”, we now find that the game has been moved to, of all places, Reno, Nevada, USA!
Rothschild has opened a trust company here and is moving clients from places like Switzerland and Bermuda, where new international disclosure requirements are now required, to Reno where they are not. You really couldn’t make this stuff up!
What we have here is a lack of any morality whatsoever, as the rich and corporations use and abuse the services of Society at a greater level than the rest of us but, unlike the rest of us, are not made to contribute their fair share to support those services.
At a time when technology is putting people out of work and with no solutions being attempted by governments, rather they are focused firmly upon supporting neoliberalism, it makes this type of financial abuse not only criminal but morally obscene.
In amongst all of the reporting on these latest revelations, are the various interpretations of vested interest. These range from a conspiracy to unseat the Icelandic Prime Minister (11.5 million pieces of dynamite information to do this? Hmmm!), to discrediting President Putin who, it would appear, does not use this type of financial service (although I am sure he is not ‘lilywhite’!).
Attempts have even been made to undermine the authenticity of the global group of journalists involved. I’m not sure this group have an ulterior motive, although the media they supply certainly do. Sadly, the Guardian, in spite of its valiant support of Edward Snowden, has introduced the red herring of Putin in its reporting of the whole affair.
The fact that all of this information, from WikiLeaks up to the present, has been made available without profit being sought speaks volumes about the integrity of the people involved. Whistle-blowing has become the last bastion of morality and integrity in an increasingly corrupt neoliberal world. Its values represent something inherent in all of us and something we deeply respect . . . the truth!
What, for me, is the most significant aspect of this whole story is that 370 journalists from 70 different countries supported these latest disclosures and worked in an unprecedented scale of co-operation for over a year to bring these revelations to light. It is a development of unparalleled importance in the current balance of power within Society.
It may be that their efforts will be suppressed by global media in the hope that the story will fade and business can continue as usual. I am not so sure, if Ed Snowden and WikiLeaks are anything to go by. In this 21st century we are no longer ignorant, nor are we misinformed (for very long), as the world of Information Technology opens up the secrets of the increasing levels of abuse that currently run our world.
The Old Order know what is going on but are, I would suggest, helpless to stop it (even with Surveillance), because their world has been constructed and can only succeed through stealth and secrecy and our new world of ‘Openness’ is simply not conducive to supporting or tolerating this.
Perhaps the worm has now found an effective way of turning, as we seek a return to a world in which the needs of the 99% receive the compassionate attention and support that is currently directed at the 1%.
Until the next time
Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes