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$21 trillion of unauthorized spending by US govt discovered by economics professor

The US government may have misspent $21 trillion, a professor at Michigan State University has found. Papers supporting the study briefly went missing just as an audit was announced. Two departments of the US federal government may have spent as much as $21 trillion on things they can’t account for between 1998 and 2015.

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Washington’s Cyber Investigator Tied ‘Russian Hacking’ to Non-Existent Events

The cyber firm investigating allegations of a Moscow-sponsored attack on US Democratic Party servers has a history of linking “Russian hacking” with imaginary events. But just days ago, FBI Director James Comey heralded CrowdStrike as a “highly respected private company” before the Senate.

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Untold Story of the Clintons Cashing In on HIV/AIDS Sufferers

On March 23, the GMHC, an AIDS service organization, is due to honor former President Bill Clinton, the founder of the Clinton Foundation, for his 15-year effort to battle HIV/AIDS. Speaking to Sputnik, Wall Street analyst Charles Ortel disclosed what really lay behind the charity’s HIV/AIDS initiative. Do the Clintons deserve so much praise?

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WikiLeaks Holds Presser Following Groundbreaking Release of ‘Vault 7’ Archive

WikiLeaks is holding a press conference following the release of the first part of ‘Vault 7,’ the largest archive of CIA-related classified documents yet. Follow the live feed to find out more. Notice that there seem to be interruptions with the stream.

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Top 10 ‘acceptable’ Western Establishment conspiracy theories

The label ‘conspiracy theorist’ is used by Western Establishment gatekeepers as a means of shutting down debate and smearing those who have the temerity to challenge elite-friendly narratives. As I argued in an Op-Edge last year, there’s a great irony here.

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Unlike US, Ireland Just Sent Three Bankers to Jail for Role in 2008 Crisis

A Dublin court has sent three former senior banking executives to jail for committing “sham transactions” in an effort to deceive customers and shareholders during the 2008 financial crisis.”The trio will be among the first senior bankers globally to be jailed for their role in the collapse of a bank during the crisis,” as Reuters […]

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Letting ‘Wall Street’ Walk

Legal double standards are the norm in the U.S. – no jail for law-flouting Wall Street bankers but mass incarceration for average citizens, especially minorities, who get caught up in the prison-industrial-complex, as Michael Brenner describes. Illicit financial behavior has been decriminalized in the United States – for all practical purposes.

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‘Why? And Why Now?’ Panama Papers ‘John Doe’ Steps Out of Shadows

The anonymous source behind the Panama Papers stepped out of the shadows on Friday to offer justification for what has been called the biggest leak in history. The whistleblower’s gender and name remain secret, as does their occupation.

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Romanian Hacker Claiming to Have Broken Into Clinton’s Server Talks to FBI

The Romanian hacker who claims to have breached Hillary Clinton’s e-mail server says he spoke with an FBI agent. WASHINGTON (Sputnik) – Romanian hacker Guccifer who claims to have breached Hillary Clinton’s e-mail server says he spoke with an agent from the US Federal Bureau of Investigation (FBI) while being extradited to the United States.

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‘Serial Child Molester’ and Former US House Speaker Hastert Sent to Jail

Former Republican Speaker of the House Dennis Hastert was sentenced to 15 months in prison on Wednesday after a judge referred to him as a “serial child molester,” making him one of the highest-ranking politicians in US history to go to prison. Hastert, 74, pleaded guilty last year to paying $3.5 million in hush-money to […]

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Panama and the Criminalization of the Global Finance System

Panama was basically carved off from Colombia in order to have a canal. It was created very much like Liberia. It’s not really a country in the sense that a country has its own currency and its own tax system. Panama uses U.S. dollars. So does Liberia.

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Calls for David Cameron’s Resignation Escalate in Panama Papers Fallout

British Prime Minister David Cameron is facing increasing calls to resign in the wake of revelations that he had profited from offshore tax havens and personally intervened to prevent a crackdown on tax evasion in the United Kingdom.

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‘US pretends fighting tax havens while creating its own’

The United States have been professing to be fighting tax evasion all over the world, but at the same time, it’s opened up tax havens at home: in Delaware, Nevada, Wyoming and South Dakota, says journalist Ernst Wolff. Why would people move their offshore money to a relatively high-tax regime in the United States rather […]

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Britain is the heart and soul of tax evasion

The British government’s claim to be tackling tax evasion is about as credible as Al Capone claiming to be leading the fight against organized crime. In fact, Britain is at the heart of the global tax haven network, and continues to lead the fight against its regulation. The 11 and a half million leaked documents […]

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Panama dilemma: Washington doesn’t know if leak was ‘theft,’ but approves of ‘independent journos’

US officials, always sensitive to anti-American leaks and harsh to whistleblowers, now appear unconcerned about how the Panama Papers came to light. Grilled by reporters, the State Department could not tell if the US-funded leak was actually data theft or not.

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