1 00:00:00,240 --> 00:00:06,240 Speaker 1: So it is true that very wealthy, powerful people get 2 00:00:06,320 --> 00:00:11,879 Speaker 1: up to some very unethical things. And unfortunately, it's also 3 00:00:12,000 --> 00:00:17,920 Speaker 1: true that when these um activities make it into public 4 00:00:18,120 --> 00:00:22,640 Speaker 1: sphere media, they make a big pop for like what 5 00:00:22,640 --> 00:00:24,880 Speaker 1: what would you guys say, a week? About a week? 6 00:00:26,320 --> 00:00:30,360 Speaker 1: Almost exactly one week. That's because, like you know, I mean, 7 00:00:30,400 --> 00:00:33,080 Speaker 1: I remember even when this story was was popping, like 8 00:00:33,120 --> 00:00:35,760 Speaker 1: you say, a big part of it was just how 9 00:00:35,840 --> 00:00:38,440 Speaker 1: much paper was involved, and like it was all these 10 00:00:38,520 --> 00:00:40,960 Speaker 1: journalists kind of patting themselves on the back for having 11 00:00:41,000 --> 00:00:43,680 Speaker 1: sifted through and read it all like could for us, 12 00:00:43,840 --> 00:00:46,440 Speaker 1: we read a bunch of boring documents to pull up 13 00:00:46,440 --> 00:00:48,960 Speaker 1: the juicy bits, but hey, we need those people, because 14 00:00:49,000 --> 00:00:51,360 Speaker 1: boy were their juicy bits in the Panama papers. The 15 00:00:51,400 --> 00:00:54,920 Speaker 1: craziest thing about the story, guys, is that it's legal 16 00:00:55,280 --> 00:00:58,480 Speaker 1: to move your money offshore the way many of these 17 00:00:58,600 --> 00:01:02,440 Speaker 1: billionaires are doing, as long as you're paying taxes on 18 00:01:02,520 --> 00:01:07,000 Speaker 1: relevant stuff right in relevant places where taxes are due. Uh. 19 00:01:07,040 --> 00:01:09,720 Speaker 1: But often that doesn't occur, and that's why it's a story, 20 00:01:09,840 --> 00:01:14,080 Speaker 1: because it's evading the the required payments to a government. 21 00:01:14,560 --> 00:01:18,040 Speaker 1: Uh yeah, And we did this episode years ago, and 22 00:01:18,319 --> 00:01:22,679 Speaker 1: every time tax season comes around in the United States. 23 00:01:23,080 --> 00:01:27,480 Speaker 1: I I send some angry text to our crew saying, hey, 24 00:01:27,520 --> 00:01:30,760 Speaker 1: we need to talk about wealthy people and taxes. I've 25 00:01:30,760 --> 00:01:33,039 Speaker 1: had it up to here and that's just because I'm 26 00:01:33,040 --> 00:01:37,720 Speaker 1: a cheap skate. But they're getting they're getting away with this. Uh, 27 00:01:37,800 --> 00:01:40,800 Speaker 1: they being you know what you would consider the one 28 00:01:40,880 --> 00:01:45,760 Speaker 1: percent to the point one percent and it's legal. And uh, 29 00:01:45,880 --> 00:01:48,920 Speaker 1: we are putting this classic out because we don't think 30 00:01:49,000 --> 00:01:52,360 Speaker 1: this is a story that should disappear in a week. Agreed. 31 00:01:52,960 --> 00:01:55,680 Speaker 1: But in the meantime, hey, check out Panama. Are you 32 00:01:55,720 --> 00:01:58,200 Speaker 1: a millionaire needs to send money somewhere? Just send it 33 00:01:58,240 --> 00:02:00,360 Speaker 1: to Panama. It's fine, no one is looking of those 34 00:02:00,360 --> 00:02:08,440 Speaker 1: accounts you like. Al Right, it sounds really about It's 35 00:02:08,480 --> 00:02:11,560 Speaker 1: Friday for us. We're a little punchy. I hope you 36 00:02:11,639 --> 00:02:16,679 Speaker 1: enjoyed the episode. From UFOs to Psychic Powers and government Conspiracies. 37 00:02:16,800 --> 00:02:20,640 Speaker 1: History is riddled with unexplained events. You can turn back 38 00:02:20,680 --> 00:02:23,880 Speaker 1: now or learn the stuff they don't want you to know. 39 00:02:34,120 --> 00:02:36,440 Speaker 1: Welcome back to the show. My name is Matt, my 40 00:02:36,520 --> 00:02:38,760 Speaker 1: name is Noel, and I am then you are you 41 00:02:39,000 --> 00:02:41,640 Speaker 1: that makes this stuff they don't want you to know? 42 00:02:42,000 --> 00:02:48,040 Speaker 1: And today, folks, we are diving into something that's that's 43 00:02:48,080 --> 00:02:51,200 Speaker 1: more recent than we would often cover. And think of 44 00:02:51,240 --> 00:02:56,720 Speaker 1: it this way. Imagine that there's a crowded intersection and 45 00:02:56,919 --> 00:03:01,040 Speaker 1: auto intersection the biggest in the world, and right now 46 00:03:01,440 --> 00:03:05,640 Speaker 1: there's an enormous accident. Cars are blowing up and derailing, 47 00:03:06,080 --> 00:03:10,799 Speaker 1: flying off the median, and now we as stuff then 48 00:03:10,880 --> 00:03:14,200 Speaker 1: what you do know? So you and Matt Nolan I 49 00:03:14,280 --> 00:03:17,800 Speaker 1: have decided to stumble into this accident while it's occurring 50 00:03:18,280 --> 00:03:21,560 Speaker 1: to see what's going on today we're talking about the 51 00:03:21,600 --> 00:03:26,160 Speaker 1: Panama papers, which means we need to do a disclaimer 52 00:03:26,160 --> 00:03:28,800 Speaker 1: at the beginning. Yeah, this is an ongoing story. I 53 00:03:28,800 --> 00:03:31,840 Speaker 1: mean we've and by we I mean you know, the 54 00:03:31,880 --> 00:03:35,040 Speaker 1: information that's out there barely is even beginning to scratch 55 00:03:35,080 --> 00:03:37,200 Speaker 1: the surface on this um. So they're going to be 56 00:03:37,280 --> 00:03:39,400 Speaker 1: new details that are going to be constantly coming out 57 00:03:39,520 --> 00:03:42,040 Speaker 1: as this develops. And this is definitely the kind of 58 00:03:42,080 --> 00:03:45,000 Speaker 1: story that we will continue to follow up on for sure. 59 00:03:45,560 --> 00:03:48,040 Speaker 1: Right so by the time you're hearing this, you may 60 00:03:48,200 --> 00:03:51,880 Speaker 1: already know some things that happened after we record it, 61 00:03:52,280 --> 00:03:55,120 Speaker 1: and we'll we'll talk about that a little bit as well. 62 00:03:55,440 --> 00:03:58,720 Speaker 1: Keep seeing new things every day, every hour you know, 63 00:03:58,920 --> 00:04:01,720 Speaker 1: something new pops up as we were going into the studio. 64 00:04:01,800 --> 00:04:04,520 Speaker 1: We were we were adding to our notes here. But 65 00:04:04,600 --> 00:04:08,320 Speaker 1: what's what's the GISs here? Okay? So this month that 66 00:04:08,360 --> 00:04:12,600 Speaker 1: we were recording this podcast, A that's correct, a group 67 00:04:12,680 --> 00:04:17,840 Speaker 1: of journalists revealed that the largest leak in human history 68 00:04:18,160 --> 00:04:20,920 Speaker 1: has occurred. And we're talking about eleven and a half 69 00:04:21,000 --> 00:04:25,840 Speaker 1: million files that are looking at uh, secretive financial arrangements 70 00:04:26,080 --> 00:04:29,000 Speaker 1: that have been occurring since the nineteen seventies all the 71 00:04:29,000 --> 00:04:33,320 Speaker 1: way up until this past year. And and it's this 72 00:04:33,400 --> 00:04:36,680 Speaker 1: thing that we've all decided to call the Panama Papers. 73 00:04:36,800 --> 00:04:38,720 Speaker 1: And this is these are digital files. This is two 74 00:04:38,800 --> 00:04:42,679 Speaker 1: point six terabytes of data. So think about the size 75 00:04:42,960 --> 00:04:47,000 Speaker 1: of a word document on your computer. It's a couple 76 00:04:47,040 --> 00:04:49,640 Speaker 1: of k you know, it's barely a megabyte most of 77 00:04:49,640 --> 00:04:53,280 Speaker 1: the time. So to think about two point six terabytes 78 00:04:53,360 --> 00:04:58,600 Speaker 1: of basically text, that's insane. It is the German papers. 79 00:04:58,600 --> 00:05:02,480 Speaker 1: Sue Deutsch Tongu which I may be mispronouncing. Received this 80 00:05:02,640 --> 00:05:06,520 Speaker 1: information more than a year beforehand from an anonymous source 81 00:05:06,760 --> 00:05:10,320 Speaker 1: identifying his or herself in a burst of creativity as 82 00:05:10,880 --> 00:05:14,279 Speaker 1: John Doe. Yeah, it's an old standby. Don't fix it 83 00:05:14,279 --> 00:05:18,600 Speaker 1: if it ain't broken. So this German paper, one of 84 00:05:18,640 --> 00:05:20,800 Speaker 1: the things we found is that in the course of 85 00:05:20,839 --> 00:05:25,160 Speaker 1: our investigation, ironically enough, while we're investigating this big exposure 86 00:05:25,160 --> 00:05:27,640 Speaker 1: of secrets, we're finding a bunch of other things that 87 00:05:27,680 --> 00:05:31,200 Speaker 1: are also murky, unexplained or still secret. One of them, 88 00:05:31,240 --> 00:05:34,240 Speaker 1: of course being the identity of John Doe. Another being 89 00:05:34,520 --> 00:05:37,920 Speaker 1: the timeline because on their official record they'll only say 90 00:05:37,920 --> 00:05:41,320 Speaker 1: they received it more than a year ago exactly, and 91 00:05:41,360 --> 00:05:45,280 Speaker 1: they have to have that sort of ambiguity, perhaps to 92 00:05:45,360 --> 00:05:49,040 Speaker 1: protect this John Doe character. But anyway, when this German 93 00:05:49,080 --> 00:05:52,359 Speaker 1: paper realized the scope of the league, as as Noel said, 94 00:05:52,680 --> 00:05:56,159 Speaker 1: uh terabytes of data, they knew they had to ask 95 00:05:56,160 --> 00:05:58,919 Speaker 1: for help. So they contacted a place called the International 96 00:05:58,960 --> 00:06:04,000 Speaker 1: Consortium of Investigative Journalists, and soon reporters around the globe. 97 00:06:04,000 --> 00:06:07,080 Speaker 1: We're digging into these dirty documents. But it should be 98 00:06:07,120 --> 00:06:11,279 Speaker 1: noted here that, uh, they are only releasing a small 99 00:06:11,320 --> 00:06:14,360 Speaker 1: amount of the data that they received. Right the Glenn 100 00:06:14,440 --> 00:06:18,640 Speaker 1: Greenwald Edward Snowden approach, which is to not do a 101 00:06:18,680 --> 00:06:22,840 Speaker 1: massive data dump that can be ignored after a news cycle, 102 00:06:23,360 --> 00:06:26,440 Speaker 1: but to continually feed things. And of course, you know 103 00:06:26,480 --> 00:06:28,520 Speaker 1: the people who don't want that kind of information to 104 00:06:28,560 --> 00:06:31,200 Speaker 1: be known, have adapted the way they do a news 105 00:06:31,240 --> 00:06:35,440 Speaker 1: cycle to cyclically ignore the new things or find something 106 00:06:35,480 --> 00:06:38,280 Speaker 1: else to have the spotlight. Yeah, some other breaking news 107 00:06:38,320 --> 00:06:40,520 Speaker 1: that comes in and now this is the big important thing, 108 00:06:40,520 --> 00:06:42,640 Speaker 1: And a lot of people may even say that that's 109 00:06:42,760 --> 00:06:45,840 Speaker 1: what the Panama Papers are. But we'll get to that later. 110 00:06:46,120 --> 00:06:49,560 Speaker 1: So what we already know about the Panama Papers um 111 00:06:49,640 --> 00:06:53,119 Speaker 1: includes definitely some of these kind of more let's say, 112 00:06:53,360 --> 00:06:57,400 Speaker 1: gossipy kind of details that people definitely get interested in. 113 00:06:57,640 --> 00:07:02,000 Speaker 1: And it's pretty good clickbait material because it involves the 114 00:07:02,120 --> 00:07:07,080 Speaker 1: super rich and their attempts successful attempts to cover up 115 00:07:07,600 --> 00:07:12,280 Speaker 1: uh parts of their wealth in order to avoid paying taxes, 116 00:07:12,480 --> 00:07:16,880 Speaker 1: right in a way that many people would not normally understand. Like, 117 00:07:16,920 --> 00:07:18,960 Speaker 1: it's tough to get your hands around some of these 118 00:07:19,000 --> 00:07:22,880 Speaker 1: more abstract concepts, but hopefully we can help shed some 119 00:07:23,240 --> 00:07:26,400 Speaker 1: light on it. The next question with the Panama Papers is, well, 120 00:07:26,480 --> 00:07:29,400 Speaker 1: where did all this stuff come from? Hey, guys, you 121 00:07:29,480 --> 00:07:32,240 Speaker 1: might be saying to yourself, I can just rack up 122 00:07:33,520 --> 00:07:37,840 Speaker 1: over two terabytes of nonsense and email it to somebody. 123 00:07:37,880 --> 00:07:42,120 Speaker 1: They're not that special. Uh. The origin of this information 124 00:07:42,200 --> 00:07:45,800 Speaker 1: which does appear to be true. UH is rooted in 125 00:07:45,800 --> 00:07:50,080 Speaker 1: a place that gives credibility and profoundly disturbing credibility to 126 00:07:50,120 --> 00:07:53,080 Speaker 1: the claims. We're talking about a law firm named Massak Fonseka. 127 00:07:53,840 --> 00:07:57,200 Speaker 1: This is a Panamanian law firm, Panama Papers. There we 128 00:07:57,240 --> 00:08:01,880 Speaker 1: go UH in their prime very business since nineteen seventy 129 00:08:01,960 --> 00:08:07,280 Speaker 1: seven has been to create offshore corporate entities organizational structure 130 00:08:07,400 --> 00:08:10,320 Speaker 1: shell companies for clients around the globe. At one point 131 00:08:10,320 --> 00:08:13,560 Speaker 1: they have more than three hundred thousands. But for a 132 00:08:13,560 --> 00:08:16,720 Speaker 1: long time we didn't know the specifics of their business 133 00:08:16,840 --> 00:08:22,040 Speaker 1: or their clients because this kind of stuff offshore organizational structures, 134 00:08:22,040 --> 00:08:24,880 Speaker 1: the stuff hinges on privacy. It's like how all the 135 00:08:24,960 --> 00:08:29,440 Speaker 1: cool clubs are never and yelp or they're never on 136 00:08:29,800 --> 00:08:32,480 Speaker 1: social media. You just have to find the right door 137 00:08:32,520 --> 00:08:36,480 Speaker 1: in the right alley. Yeah, privacy is the the whole 138 00:08:36,520 --> 00:08:40,120 Speaker 1: reason that that company really even exists is to maintain 139 00:08:40,240 --> 00:08:43,960 Speaker 1: privacy for individuals and corporations. So so what are these 140 00:08:43,960 --> 00:08:47,960 Speaker 1: Panama Papers specifically? Know that you talked about terabytes? Right, Yeah, 141 00:08:48,000 --> 00:08:51,199 Speaker 1: so it's two point six terabytes of data. Um that 142 00:08:51,600 --> 00:08:56,160 Speaker 1: includes details of around two sixteen thousand most like FINESSKA clients. 143 00:08:56,480 --> 00:09:00,800 Speaker 1: And again these clients are you know, heavy hitters politics 144 00:09:01,120 --> 00:09:05,679 Speaker 1: in the entertainment world, UM, business people, the athletes, very 145 00:09:05,720 --> 00:09:08,960 Speaker 1: affluent people who are known UM and we'll get to 146 00:09:09,320 --> 00:09:11,440 Speaker 1: who some of those people are in a bit. But 147 00:09:11,520 --> 00:09:14,960 Speaker 1: some of these details include techniques that are actually used 148 00:09:15,000 --> 00:09:18,920 Speaker 1: to establish these shell companies, UM, the amounts of money 149 00:09:19,000 --> 00:09:23,360 Speaker 1: that have been you know, tucked away, names, dates, owners. 150 00:09:23,880 --> 00:09:26,720 Speaker 1: Often people are actually linked to someone who controls the money. 151 00:09:26,800 --> 00:09:29,600 Speaker 1: So someone will do it on behalf of a client, 152 00:09:30,040 --> 00:09:32,000 Speaker 1: a proxy, and in a case that we'll talk about 153 00:09:32,000 --> 00:09:34,880 Speaker 1: a little later, could be a family member someone that's 154 00:09:34,960 --> 00:09:37,200 Speaker 1: you know, setting up the shell company. But you know 155 00:09:37,240 --> 00:09:39,080 Speaker 1: this is are these are terms I'm sure you've heard 156 00:09:39,360 --> 00:09:41,880 Speaker 1: in you know, heist movies or gangster movies and a 157 00:09:41,920 --> 00:09:44,800 Speaker 1: lot of times associated with UM even even going so 158 00:09:44,880 --> 00:09:47,640 Speaker 1: far as to call it laundering money, right like a 159 00:09:48,360 --> 00:09:52,400 Speaker 1: zip funds if it would be deposited in and unmocked 160 00:09:52,559 --> 00:09:59,280 Speaker 1: this bank account under the name Global Plumber, Global Plumber, 161 00:09:59,760 --> 00:10:05,720 Speaker 1: not somebody use that and then messed up on you die. 162 00:10:06,120 --> 00:10:09,400 Speaker 1: So some of these terms we are somewhat familiar with, 163 00:10:09,440 --> 00:10:11,640 Speaker 1: like you said, because we have we live in a 164 00:10:11,679 --> 00:10:15,120 Speaker 1: pop culture world. And we you know, there's a lot 165 00:10:15,120 --> 00:10:18,000 Speaker 1: of corruption to go around, so we write stories about it. Um, 166 00:10:18,040 --> 00:10:20,200 Speaker 1: so let's just describe what it is. Yeah, what is 167 00:10:20,240 --> 00:10:23,800 Speaker 1: this stuff actually? So all of this is, like you said, 168 00:10:23,880 --> 00:10:26,880 Speaker 1: all it's tax avoidance. That's at the heart of that, 169 00:10:27,160 --> 00:10:29,319 Speaker 1: at the heart of this, that's what it is. Um. 170 00:10:29,440 --> 00:10:32,240 Speaker 1: The usage of tax haven's and shell companies to reduce 171 00:10:32,240 --> 00:10:34,079 Speaker 1: the amount that you're going to have to pay when 172 00:10:34,120 --> 00:10:38,400 Speaker 1: you make income as a corporation or as an individual. UM. 173 00:10:38,520 --> 00:10:41,600 Speaker 1: Now here, here's the way they do that. They go offshore, 174 00:10:42,000 --> 00:10:45,319 Speaker 1: so in another country, in another state, even if you're 175 00:10:45,320 --> 00:10:48,800 Speaker 1: in the US or another country that has separate states 176 00:10:48,920 --> 00:10:52,480 Speaker 1: or localities. UM. It's really interesting how all these different 177 00:10:52,559 --> 00:10:55,720 Speaker 1: laws and rules are written because it will change. You go, 178 00:10:55,960 --> 00:11:00,360 Speaker 1: you know, a couple hundred miles and you're all laws 179 00:11:00,360 --> 00:11:13,040 Speaker 1: are different. So what exactly is a tax haven? So 180 00:11:13,200 --> 00:11:16,760 Speaker 1: there's several different examples of tax havens, one being countries 181 00:11:16,880 --> 00:11:20,000 Speaker 1: or different states that actually have financial secrecy laws in 182 00:11:20,080 --> 00:11:24,120 Speaker 1: place which allow them to attract investment from outside of 183 00:11:24,160 --> 00:11:26,920 Speaker 1: their borders. And I think the important distinction here with 184 00:11:26,960 --> 00:11:30,920 Speaker 1: this is that these activities are not illegal in the 185 00:11:31,000 --> 00:11:34,080 Speaker 1: places where they are being carried out the way it 186 00:11:34,120 --> 00:11:38,120 Speaker 1: connects to our country and our laws is a different 187 00:11:38,160 --> 00:11:40,800 Speaker 1: story entirely sure, And that's a great point. We can 188 00:11:40,800 --> 00:11:44,960 Speaker 1: take it a step further. Shell companies themselves are not 189 00:11:45,120 --> 00:11:49,000 Speaker 1: inherently illegal, you know what I mean. It's like using 190 00:11:49,320 --> 00:11:52,840 Speaker 1: tour is not inherently illegal. So far that's how you 191 00:11:52,960 --> 00:11:56,119 Speaker 1: use it, right. Um, So there are some great examples 192 00:11:56,280 --> 00:11:59,440 Speaker 1: of of tax havens. We're talking a lot of islands, 193 00:11:59,440 --> 00:12:02,559 Speaker 1: a lot of a Caitian destinations, Bermuda, the Cayman Islands, 194 00:12:02,600 --> 00:12:06,200 Speaker 1: the British version, Virgin Islands. Wait, wait, great examples or like, 195 00:12:07,760 --> 00:12:09,160 Speaker 1: oh yeah, I guess they are great. I mean they're 196 00:12:09,160 --> 00:12:11,760 Speaker 1: great examples if you wanna, you know, park your yacht 197 00:12:11,840 --> 00:12:18,400 Speaker 1: somewhere like textbook examples, textbook example. Um, we're talking to 198 00:12:18,400 --> 00:12:22,920 Speaker 1: Puerto Rico, Switzerland, Singapore, Ireland, even some U S States 199 00:12:23,000 --> 00:12:30,640 Speaker 1: like we mentioned before, like Wyoming, Nevada, and even Delaware, Delaware. 200 00:12:31,720 --> 00:12:36,560 Speaker 1: You guys remember that from Wayne's World. I'm in New York, 201 00:12:36,640 --> 00:12:39,120 Speaker 1: I got a gun. Let's go to a Broadway showing. Yeah, 202 00:12:40,360 --> 00:12:42,800 Speaker 1: this is just a quick, quick little side note. Delaware 203 00:12:42,840 --> 00:12:46,200 Speaker 1: has been fascinated to me because I know for years 204 00:12:46,200 --> 00:12:47,920 Speaker 1: you get these bills from back of America or whatever, 205 00:12:47,960 --> 00:12:50,680 Speaker 1: and it's always from Delaware. As it turns out, there's 206 00:12:50,720 --> 00:12:54,120 Speaker 1: a very good reason for that. Delaware has some interesting 207 00:12:54,960 --> 00:12:57,839 Speaker 1: laws that and and possibly from an article in the 208 00:12:57,840 --> 00:13:01,360 Speaker 1: New York Times, Delaware actually just has some slightly unusual 209 00:13:01,679 --> 00:13:05,920 Speaker 1: malleable shall we say, tax laws. And consequently, uh, there 210 00:13:06,000 --> 00:13:08,880 Speaker 1: is one particular address there's referenced in this article. That's 211 00:13:08,920 --> 00:13:13,280 Speaker 1: twelve or nine North Orange, Delaware, that two five thousand 212 00:13:13,360 --> 00:13:16,400 Speaker 1: separate businesses use and it's basically just a giant array 213 00:13:16,480 --> 00:13:20,800 Speaker 1: of mailboxes. Wow. So anyway I heard about this place. Yeah, 214 00:13:21,200 --> 00:13:24,040 Speaker 1: and it's just to maintain a business address and fall 215 00:13:24,200 --> 00:13:29,520 Speaker 1: under that legal jurisdiction, right exactly. So there are some 216 00:13:29,679 --> 00:13:34,000 Speaker 1: stats from the Federation of State Public Interest Research Groups 217 00:13:34,559 --> 00:13:37,680 Speaker 1: that we would like to explore at the moment. Yes, 218 00:13:37,720 --> 00:13:42,480 Speaker 1: this is from October, and they hold that fortune five 219 00:13:42,880 --> 00:13:46,960 Speaker 1: companies together are holding more than two point one trillion 220 00:13:47,000 --> 00:13:51,440 Speaker 1: dollars in profits off off shores for for these tax 221 00:13:51,480 --> 00:13:55,079 Speaker 1: purposes to try and save money on them. And at 222 00:13:55,160 --> 00:13:59,000 Speaker 1: least three hundred and fifty eight of those companies, nearly 223 00:13:59,000 --> 00:14:04,520 Speaker 1: seventy of the fortune operate these different subsidiaries and tax 224 00:14:04,520 --> 00:14:07,640 Speaker 1: havens to do just that, and they hold that these 225 00:14:07,640 --> 00:14:11,400 Speaker 1: same companies maintain at least seven thousand, six hundred and 226 00:14:11,440 --> 00:14:15,080 Speaker 1: twenty two tax haven subsidiaries or these things we're calling 227 00:14:15,120 --> 00:14:18,480 Speaker 1: show companies. All right, and let's let's take a second 228 00:14:18,600 --> 00:14:21,720 Speaker 1: right there, just to summit all a t l d R. 229 00:14:22,160 --> 00:14:27,280 Speaker 1: What these papers shows that people who have an extraordinary 230 00:14:27,280 --> 00:14:32,240 Speaker 1: amount of money. I don't wanna. I think we're dwelling 231 00:14:32,240 --> 00:14:34,680 Speaker 1: a lot on the tax thing. Because it's not just taxation. 232 00:14:35,320 --> 00:14:39,120 Speaker 1: It's not just taxation. We're also talking about criminal activities, 233 00:14:39,200 --> 00:14:44,840 Speaker 1: ill gotten gains. We're talking about corruption and bribery. It's 234 00:14:44,880 --> 00:14:47,320 Speaker 1: money you want to hide, not money you want to 235 00:14:47,320 --> 00:14:49,520 Speaker 1: take home to meet your parents. And it could fall 236 00:14:49,600 --> 00:14:53,720 Speaker 1: under the idea of money laundering. Yes, yes, it's almost 237 00:14:53,800 --> 00:14:57,760 Speaker 1: to me, I was thinking about it as let's say, 238 00:14:57,840 --> 00:15:01,080 Speaker 1: let's just say, for instance, I'm gonna make a purchase 239 00:15:01,200 --> 00:15:03,680 Speaker 1: that I don't want to show up on my on 240 00:15:03,760 --> 00:15:06,680 Speaker 1: my credit card or something like that. Pull a little 241 00:15:06,680 --> 00:15:09,000 Speaker 1: bit of cash out, and I'll go and make whatever 242 00:15:09,160 --> 00:15:12,320 Speaker 1: purchase or transition to do that in cash. To me, 243 00:15:12,400 --> 00:15:15,760 Speaker 1: this is almost like that for a massive corporation or 244 00:15:15,800 --> 00:15:18,480 Speaker 1: an individual that has a whole bunch of money, so 245 00:15:18,560 --> 00:15:20,720 Speaker 1: you can siphon a little bit out of that account 246 00:15:21,320 --> 00:15:24,000 Speaker 1: that is under somebody else's name and then use that 247 00:15:24,560 --> 00:15:27,840 Speaker 1: for whatever thing you're gonna do. It doesn't necessarily mean 248 00:15:27,880 --> 00:15:29,920 Speaker 1: that it's illegal. It just means that you don't want 249 00:15:29,920 --> 00:15:33,440 Speaker 1: anybody else to know about it. Okay, So that's that's 250 00:15:33,440 --> 00:15:35,320 Speaker 1: a good way to put it in a shell company, 251 00:15:35,520 --> 00:15:37,120 Speaker 1: you know, a shell company. Like you said, Noell is 252 00:15:37,160 --> 00:15:42,240 Speaker 1: one of the one of the favored ways to launder money. Right. 253 00:15:43,360 --> 00:15:48,080 Speaker 1: In a sense, it's more abstract, more corporatized version of 254 00:15:48,160 --> 00:15:53,600 Speaker 1: the old trope in crime movies where let's let's say, uh, 255 00:15:53,800 --> 00:15:57,240 Speaker 1: Noel is quickly becoming like a cocaine kingpin or something, 256 00:15:57,600 --> 00:16:00,640 Speaker 1: and then you're shady underworld account and says, well, you've 257 00:16:00,640 --> 00:16:05,400 Speaker 1: got to buy a laundromat or nail slaw and a deli, right, 258 00:16:05,680 --> 00:16:08,480 Speaker 1: or just the p O box in Delaware? Also true, Yeah, 259 00:16:08,520 --> 00:16:11,440 Speaker 1: but deli would be so much fun. He's a question, 260 00:16:11,480 --> 00:16:17,320 Speaker 1: and this is really I'm asking, um, isn't this sort 261 00:16:17,360 --> 00:16:20,600 Speaker 1: of just like a slightly lower level version of the 262 00:16:20,640 --> 00:16:26,080 Speaker 1: way huge corporations sometimes restructure like alphabet for example in Google, 263 00:16:26,400 --> 00:16:28,360 Speaker 1: Like is that is there any connection there at all. 264 00:16:28,440 --> 00:16:32,480 Speaker 1: I know it's definitely for not tax reasons, but it's 265 00:16:32,520 --> 00:16:35,360 Speaker 1: it's regulatory reasons maybe, I mean, or is there a 266 00:16:35,360 --> 00:16:39,280 Speaker 1: connection there or just it's a it's a similar operation 267 00:16:39,520 --> 00:16:42,160 Speaker 1: in many ways. Yeah. The the difference I would say 268 00:16:42,280 --> 00:16:45,040 Speaker 1: is that when you have a restructuring like that, you're 269 00:16:45,040 --> 00:16:49,240 Speaker 1: gonna have operating procedures that function under this new thing 270 00:16:49,320 --> 00:16:52,480 Speaker 1: that you create, umbrella. There are operating procedures that happened 271 00:16:52,480 --> 00:16:55,080 Speaker 1: with Alphabet. With some of these, it would be just 272 00:16:55,240 --> 00:16:57,520 Speaker 1: a like That's why it's called a shell because it 273 00:16:57,560 --> 00:17:00,360 Speaker 1: just kind of sits there, doesn't really do anything. It's 274 00:17:00,360 --> 00:17:02,840 Speaker 1: like a front it is. It's very much like a 275 00:17:02,880 --> 00:17:05,520 Speaker 1: front company. The first thing we need to know is 276 00:17:05,560 --> 00:17:08,359 Speaker 1: what a front company is. And Ben, we've talked about 277 00:17:08,400 --> 00:17:11,200 Speaker 1: this before, uh in our video series a couple of 278 00:17:11,240 --> 00:17:15,360 Speaker 1: times about different versions of front companies. UM. It can 279 00:17:15,480 --> 00:17:19,280 Speaker 1: be UH subsidiary, it can be a shell company. UH. 280 00:17:19,600 --> 00:17:22,240 Speaker 1: It's usually from a larger company that almost always wants 281 00:17:22,280 --> 00:17:25,359 Speaker 1: to hide some bit of information about a company or 282 00:17:25,400 --> 00:17:29,560 Speaker 1: an individual, and usually it's used to protect them from liability. 283 00:17:29,680 --> 00:17:32,800 Speaker 1: Let's say, is something that the company does, they want 284 00:17:32,800 --> 00:17:36,760 Speaker 1: to protect the owners or again the individual UM. And 285 00:17:36,800 --> 00:17:39,960 Speaker 1: that's from anything of any kind of scrutiny, even negative press. 286 00:17:40,080 --> 00:17:42,119 Speaker 1: You just don't want somebody to see it. Do it 287 00:17:42,160 --> 00:17:44,439 Speaker 1: in a front company. Let's say you get caught messing 288 00:17:44,440 --> 00:17:47,360 Speaker 1: with your stockholders or something like that. Then maybe all 289 00:17:47,359 --> 00:17:49,000 Speaker 1: it takes to make some of that go away is 290 00:17:49,040 --> 00:17:51,280 Speaker 1: to change the name of your company and be out 291 00:17:51,320 --> 00:17:54,199 Speaker 1: of the public eye for a little while exactly. And 292 00:17:54,240 --> 00:17:56,879 Speaker 1: again we're gonna stay here. It is not out and 293 00:17:56,920 --> 00:18:01,840 Speaker 1: out illegal to own or operate, quote operate a front 294 00:18:01,920 --> 00:18:05,920 Speaker 1: company in most countries. In most countries. So another example 295 00:18:05,960 --> 00:18:08,119 Speaker 1: is shell corporations and a lot of this stuff. I 296 00:18:08,160 --> 00:18:10,400 Speaker 1: know it's very closely related, but it's I think if 297 00:18:10,400 --> 00:18:13,200 Speaker 1: there's some little distinctions that are important. A shell corporation 298 00:18:13,240 --> 00:18:16,760 Speaker 1: can be described as a corporation that doesn't necessarily have 299 00:18:16,920 --> 00:18:21,160 Speaker 1: active business operations or really any money. Doesn't it doesn't 300 00:18:21,160 --> 00:18:24,160 Speaker 1: really do anything. And these are commonly formed when you're 301 00:18:24,200 --> 00:18:26,840 Speaker 1: in the process of starting corporation UM. It's sort of 302 00:18:26,840 --> 00:18:30,760 Speaker 1: as a formality to get the initial financing UM. And 303 00:18:30,800 --> 00:18:34,280 Speaker 1: then they can also be used in tax avoidance schemes 304 00:18:34,320 --> 00:18:39,120 Speaker 1: by legitimate businesses UM, which is not not legal, right, Yeah, 305 00:18:39,280 --> 00:18:41,760 Speaker 1: that part would not be legal. But again the whole 306 00:18:41,920 --> 00:18:43,480 Speaker 1: I mean, we just I want to keep saying this 307 00:18:43,560 --> 00:18:45,800 Speaker 1: because it's just kind of get it in your head, like, 308 00:18:45,880 --> 00:18:49,480 Speaker 1: this is not in itself illegal to have a shell corporation. 309 00:18:49,520 --> 00:18:52,480 Speaker 1: It's right right on board if you're doing if you're 310 00:18:52,560 --> 00:18:58,080 Speaker 1: using it for legal purposes, right. Yeah. Another example, which 311 00:18:58,960 --> 00:19:01,760 Speaker 1: probably has the more enjoyable name of these three that 312 00:19:01,840 --> 00:19:06,480 Speaker 1: were mentioned, is the dummy corporation. A dummy corporation appears 313 00:19:06,560 --> 00:19:13,200 Speaker 1: to be a functioning thing. Global Plumbing is a shell corporation. 314 00:19:13,440 --> 00:19:17,840 Speaker 1: If Global Plumbing has no assets, has no owner, does nothing, 315 00:19:18,560 --> 00:19:22,199 Speaker 1: a dummy corporation. Global Plumbing is a dummy corporation if 316 00:19:22,240 --> 00:19:24,840 Speaker 1: it appears to be real, you know, if it seems 317 00:19:24,920 --> 00:19:27,960 Speaker 1: to have the signs of an active company. Yeah, there's 318 00:19:28,000 --> 00:19:31,480 Speaker 1: the cred maybe their books there on the books, yeah, 319 00:19:31,520 --> 00:19:36,080 Speaker 1: but in actuality, it doesn't have the ability to function 320 00:19:36,440 --> 00:19:41,200 Speaker 1: by itself exactly. And we have We've put a playlist 321 00:19:41,240 --> 00:19:43,360 Speaker 1: on our YouTube page so you can go through show 322 00:19:43,440 --> 00:19:45,960 Speaker 1: your friends and your family, like, hey, this is what 323 00:19:46,320 --> 00:19:48,040 Speaker 1: a friend company is and how it works, just so 324 00:19:48,080 --> 00:19:49,800 Speaker 1: you can get everybody on the same page. If you 325 00:19:49,800 --> 00:19:52,080 Speaker 1: want to have a conversation about this, um you know, 326 00:19:52,200 --> 00:19:54,040 Speaker 1: maybe you don't want to talk about this with your family, 327 00:19:54,119 --> 00:19:57,240 Speaker 1: but you know it might be a good idea. So 328 00:19:57,680 --> 00:20:01,480 Speaker 1: let's name some names. If you are listening to this show, 329 00:20:01,600 --> 00:20:04,919 Speaker 1: odds are that you have already heard of the Prime 330 00:20:04,960 --> 00:20:09,720 Speaker 1: Minister of Iceland who went on leave as of the 331 00:20:09,800 --> 00:20:14,000 Speaker 1: seventh of April twenty sixteen. Uh no news, yet they 332 00:20:14,000 --> 00:20:19,960 Speaker 1: held emergency like elections, right recall of some kind yep. 333 00:20:20,400 --> 00:20:24,160 Speaker 1: And this also affects heads of state like the President 334 00:20:24,160 --> 00:20:28,480 Speaker 1: of Argentina, King Salomon of Saudi Arabia, the President of 335 00:20:28,520 --> 00:20:31,960 Speaker 1: the u a E, President of Ukraine, Prime Minister of 336 00:20:32,000 --> 00:20:35,640 Speaker 1: the United Kingdom, Prime Minister of the United Kingdah, Prime 337 00:20:35,640 --> 00:20:40,760 Speaker 1: Minister of Pakistan, even Prime Minister of Jordan's, Prime Minister 338 00:20:40,840 --> 00:20:45,280 Speaker 1: of Moldolva Iraq, Italy Cutter. The list goes on, and 339 00:20:45,280 --> 00:20:50,960 Speaker 1: then numerous other government officials. And another thing that we 340 00:20:51,040 --> 00:20:56,760 Speaker 1: see is that celebrities we're named as well. Jackie Chan 341 00:20:56,920 --> 00:21:00,399 Speaker 1: is in there, of all people, Andrew Elmotive of are 342 00:21:00,520 --> 00:21:04,240 Speaker 1: the director. Apparently this his was set up by his 343 00:21:04,359 --> 00:21:07,600 Speaker 1: brother in the nineties and has has been closed. But 344 00:21:07,840 --> 00:21:09,679 Speaker 1: the fact that that is even in there shows you 345 00:21:09,720 --> 00:21:12,760 Speaker 1: how far back this information goes and how exacting and 346 00:21:12,800 --> 00:21:15,240 Speaker 1: precise it is. Um, he did you know women on 347 00:21:15,280 --> 00:21:18,560 Speaker 1: the vergement of his breakdown and um he's still active, 348 00:21:18,800 --> 00:21:22,280 Speaker 1: but he apparently took up took a leave of his 349 00:21:22,600 --> 00:21:25,440 Speaker 1: press tour when this information drapped. And it's you know, 350 00:21:25,480 --> 00:21:27,040 Speaker 1: the thing about it is too that we're going to 351 00:21:27,119 --> 00:21:30,200 Speaker 1: get to um just a bit is it's not necessarily 352 00:21:30,320 --> 00:21:34,600 Speaker 1: always prosecutable or like like directly illegal. A lot of 353 00:21:34,600 --> 00:21:36,920 Speaker 1: it has to do with just it's kind of kind 354 00:21:36,920 --> 00:21:38,679 Speaker 1: of a crappy thing to do. It's kind of the 355 00:21:38,680 --> 00:21:41,800 Speaker 1: way the game is played. Yes, and a lot of 356 00:21:41,840 --> 00:21:44,560 Speaker 1: you listening, a lot of us already know that this 357 00:21:44,600 --> 00:21:47,239 Speaker 1: is how the game is played, right, but some of 358 00:21:47,280 --> 00:21:50,520 Speaker 1: this is coming as a real shock to others. Well, 359 00:21:50,520 --> 00:21:56,560 Speaker 1: the it's the difference between suspecting somewhat of a crime 360 00:21:56,600 --> 00:22:01,280 Speaker 1: and seeing it conducted. Because make no mistake, however, this 361 00:22:01,359 --> 00:22:05,200 Speaker 1: is spun. You should surprise no one that FIFA, for instances, 362 00:22:05,480 --> 00:22:09,680 Speaker 1: just riddled with corruption. However, in this case, this stuff 363 00:22:09,720 --> 00:22:12,680 Speaker 1: goes further because in addition to the heads of states, 364 00:22:12,760 --> 00:22:17,040 Speaker 1: the celebrities, the aristocrats that are named, and there's a 365 00:22:17,040 --> 00:22:20,880 Speaker 1: heck of event diagram there, there's also uh, they're organized 366 00:22:20,920 --> 00:22:27,399 Speaker 1: criminals Manthiosa's bank robbers hiding uh, millions of pounds of money. 367 00:22:27,680 --> 00:22:31,640 Speaker 1: Pound the denomination of the not not like a physical 368 00:22:31,680 --> 00:22:34,280 Speaker 1: pound of money. You know, we're we're also seeing one 369 00:22:34,320 --> 00:22:36,600 Speaker 1: of the tropes that we see in pop culture where 370 00:22:36,680 --> 00:22:41,160 Speaker 1: you'll some rich person will give money in their relatives name. 371 00:22:41,359 --> 00:22:46,280 Speaker 1: We're seeing tons of relatives of highly influential, ridiculously wealthy people. 372 00:22:46,640 --> 00:22:50,880 Speaker 1: And we'll get into the crimes that are the crimes 373 00:22:50,920 --> 00:22:53,840 Speaker 1: their associated what crimes may or may not exist. After 374 00:22:53,880 --> 00:23:12,439 Speaker 1: a brief word from our sponsor, Yeah, here's where it 375 00:23:12,480 --> 00:23:17,960 Speaker 1: gets crazy. So what what crimes exist? I don't know 376 00:23:18,000 --> 00:23:20,959 Speaker 1: why I sounded a little woody Allen there, but what 377 00:23:20,640 --> 00:23:25,600 Speaker 1: what crimes actually occurred? Because we know what most Fonseka said, Yes, 378 00:23:25,680 --> 00:23:29,119 Speaker 1: we know Roman Fonseca, who is the co founder of 379 00:23:29,240 --> 00:23:32,400 Speaker 1: most Fonseca. He came forward and said the company hasn't 380 00:23:32,440 --> 00:23:36,200 Speaker 1: done any wrongdoing, just completely denied that they've done anything wrong. 381 00:23:36,240 --> 00:23:38,920 Speaker 1: They just set up these offshore financial accounts with these 382 00:23:38,920 --> 00:23:43,320 Speaker 1: anonymous shell companies for clients. And look, we're not involved 383 00:23:43,359 --> 00:23:46,000 Speaker 1: in how they use these things once we set them up. 384 00:23:46,119 --> 00:23:48,280 Speaker 1: Even when so far as to say the only crime 385 00:23:48,320 --> 00:23:50,960 Speaker 1: associated with the Panama papers at all. Was the hack 386 00:23:51,119 --> 00:23:54,959 Speaker 1: of acting of their servers itself. Yeah, and there's an 387 00:23:55,000 --> 00:23:57,959 Speaker 1: interesting idea there too, because if we're being if we're 388 00:23:58,000 --> 00:24:02,040 Speaker 1: objectively approaching that kind of statement, then it leads to 389 00:24:02,080 --> 00:24:07,320 Speaker 1: another question. Should a gun manufacturer, a bullet manufacturer be 390 00:24:07,440 --> 00:24:11,760 Speaker 1: held responsible for deaths that happened as a result of crime. 391 00:24:12,080 --> 00:24:18,160 Speaker 1: Should auto manufacturers be held responsible for deaths or crimes 392 00:24:18,160 --> 00:24:20,960 Speaker 1: that occur in the course of using something they built? 393 00:24:21,000 --> 00:24:23,080 Speaker 1: Obviously this is in the scope of our show really 394 00:24:23,200 --> 00:24:26,640 Speaker 1: or the episode, but I mean auto manufacturers are held 395 00:24:26,680 --> 00:24:31,480 Speaker 1: responsible when it's a malfunction or negligence on their part. Um. 396 00:24:31,560 --> 00:24:34,520 Speaker 1: The gun argument is a fascinating one, but it tends 397 00:24:34,560 --> 00:24:37,640 Speaker 1: to come up. It seems like no as long as 398 00:24:37,640 --> 00:24:39,840 Speaker 1: they're doing everything in their power to make their weapons 399 00:24:39,840 --> 00:24:42,960 Speaker 1: traceable and you know, able to be pinned to a crime. 400 00:24:43,920 --> 00:24:45,800 Speaker 1: And I'm glad you brought that up, because if we 401 00:24:45,800 --> 00:24:48,640 Speaker 1: can look at that car example as well, You're absolutely right. 402 00:24:48,760 --> 00:24:52,400 Speaker 1: If there is a defect inherent in the product they create, 403 00:24:52,680 --> 00:24:56,360 Speaker 1: then they then and only then are they liable. It's 404 00:24:56,359 --> 00:24:59,240 Speaker 1: completely fine to build a car that goes two hundred 405 00:24:59,280 --> 00:25:05,920 Speaker 1: miles and hour even though that's illegal everywhere in like 406 00:25:06,080 --> 00:25:08,840 Speaker 1: on every public road. Well, they're probably a few where 407 00:25:08,840 --> 00:25:11,640 Speaker 1: it's not. You don't often hear about death resulting from 408 00:25:11,920 --> 00:25:15,480 Speaker 1: malfunctions of firearms. Usually the death result from them working 409 00:25:15,520 --> 00:25:18,959 Speaker 1: exactly as advertising. They're human error yet, and that applies 410 00:25:19,000 --> 00:25:23,360 Speaker 1: as well to the kinds of services that this firm provided. Right, 411 00:25:23,560 --> 00:25:26,760 Speaker 1: these services are working. This is this was a huge 412 00:25:26,800 --> 00:25:30,399 Speaker 1: firm and they were doing well. Would assume what they 413 00:25:30,440 --> 00:25:34,000 Speaker 1: were designed to do. You don't get hundreds of thousands 414 00:25:34,040 --> 00:25:38,200 Speaker 1: of clients by making dud. Yeah, since the nine seventies 415 00:25:38,600 --> 00:25:41,960 Speaker 1: and they were still functioning successfully. And I do think 416 00:25:42,000 --> 00:25:44,800 Speaker 1: I will say to Knowle's point that I found it, 417 00:25:45,200 --> 00:25:50,760 Speaker 1: uh somewhere between delicious, disgusting and hilarious when people like 418 00:25:50,840 --> 00:25:54,320 Speaker 1: the Prime Minister of the UK, Cameron, come out and say, well, 419 00:25:54,440 --> 00:25:57,480 Speaker 1: you know, now, privacy is important, especially considering the UK 420 00:25:57,640 --> 00:26:02,360 Speaker 1: has the highest the highest density of closed circuit televisions 421 00:26:03,280 --> 00:26:07,280 Speaker 1: in the world per kilometer, and and it's also the 422 00:26:07,640 --> 00:26:10,199 Speaker 1: population the UK is one of the most closely and 423 00:26:10,240 --> 00:26:14,760 Speaker 1: continually surveiled on the planet. Dude, Yeah, I get that 424 00:26:14,840 --> 00:26:17,760 Speaker 1: same feeling when you read this. Another quote from the 425 00:26:17,800 --> 00:26:21,280 Speaker 1: same du the co founder of and he says, quote 426 00:26:21,880 --> 00:26:24,159 Speaker 1: when he's and this is referring to the hack on 427 00:26:24,240 --> 00:26:28,399 Speaker 1: this company. Quote, this is a crime, a felony. Privacy 428 00:26:28,520 --> 00:26:31,800 Speaker 1: is a fundamental human right that is being eroded more 429 00:26:31,920 --> 00:26:35,000 Speaker 1: and more in the modern world. Each person has a 430 00:26:35,080 --> 00:26:38,119 Speaker 1: right to privacy, whether they are king or a baker 431 00:26:38,480 --> 00:26:42,960 Speaker 1: clutching the pearls noble argument. Let's go into this king 432 00:26:43,160 --> 00:26:45,320 Speaker 1: or beggar argument, because one thing that pops out to 433 00:26:45,359 --> 00:26:48,760 Speaker 1: me as guys like David Cameron, you know who are 434 00:26:48,920 --> 00:26:51,439 Speaker 1: meant to be looking out for the little guy in theory. 435 00:26:51,600 --> 00:26:54,439 Speaker 1: You know your politician, you're supposed to represent, you know 436 00:26:54,600 --> 00:26:57,160 Speaker 1: your people, all of your people. Then it turns out 437 00:26:57,200 --> 00:27:01,160 Speaker 1: that you're cheating. The system doesn't come off so well, 438 00:27:01,240 --> 00:27:04,400 Speaker 1: doesn't look very good. Guys. It was only thirty thousand 439 00:27:04,440 --> 00:27:11,359 Speaker 1: pounds come on of what gold thousand pounds of jelly 440 00:27:11,440 --> 00:27:17,800 Speaker 1: pounds sterling pounds. So there's there's another thing there now 441 00:27:17,840 --> 00:27:23,639 Speaker 1: that we have hopefully outlined for you what this stuff 442 00:27:23,720 --> 00:27:27,240 Speaker 1: indicates and why it's important and giving you a look 443 00:27:27,359 --> 00:27:32,800 Speaker 1: at the level of money we're talking about. Let's flip 444 00:27:32,840 --> 00:27:35,720 Speaker 1: it and look at the other side. Because there are 445 00:27:35,920 --> 00:27:39,720 Speaker 1: numerous people who believe that there's more to the Panama 446 00:27:39,800 --> 00:27:43,400 Speaker 1: papers than you have been told or than journalists are releasing. 447 00:27:43,600 --> 00:27:46,000 Speaker 1: And for instance, it all goes back to the same 448 00:27:46,080 --> 00:27:50,359 Speaker 1: question motive. Who leaked the papers and why? So, like, 449 00:27:50,400 --> 00:27:52,160 Speaker 1: what what do we know about this John Doe guy? 450 00:27:52,359 --> 00:27:54,640 Speaker 1: Not a whole lot at this point, which makes sense 451 00:27:54,680 --> 00:27:58,040 Speaker 1: considering how fresh the story is and how bloody much 452 00:27:58,119 --> 00:28:00,639 Speaker 1: information there is in these in the star. So the 453 00:28:00,640 --> 00:28:03,960 Speaker 1: anonymous whistleblower who contacted the German Newslaver we talked about 454 00:28:04,000 --> 00:28:06,120 Speaker 1: the top of the show more than a year ago, 455 00:28:06,480 --> 00:28:09,040 Speaker 1: had some pretty interesting claims. I'm in here are a 456 00:28:09,080 --> 00:28:12,000 Speaker 1: few of them. John Doe didn't want any financial conversation 457 00:28:12,040 --> 00:28:16,240 Speaker 1: for exposing this info. That's very telling. Um. Also, I 458 00:28:16,359 --> 00:28:18,560 Speaker 1: didn't want to be known. I wanted to remain anonymous, 459 00:28:18,880 --> 00:28:21,720 Speaker 1: no direct contact with the investigators. We can kind of 460 00:28:21,720 --> 00:28:25,000 Speaker 1: see why that makes sense from looking at Snowden Wiki 461 00:28:25,080 --> 00:28:27,400 Speaker 1: leaks all these other things. Did not want to be 462 00:28:27,440 --> 00:28:30,680 Speaker 1: exiled from the land. Um. The source also said their 463 00:28:30,720 --> 00:28:35,840 Speaker 1: life would be endangered by any exposure, which definitely rings true. Um. 464 00:28:35,880 --> 00:28:39,800 Speaker 1: Considering the powerful people involved in these kinds of deals, 465 00:28:40,280 --> 00:28:43,840 Speaker 1: you're basically shining a light in a place where you know. 466 00:28:43,880 --> 00:28:46,680 Speaker 1: I mean, you know, even like the most upstanding people 467 00:28:46,760 --> 00:28:48,800 Speaker 1: on this list certainly wouldn't want this information out there. 468 00:28:48,840 --> 00:28:51,680 Speaker 1: But as we know, talking about the whole idea of 469 00:28:52,080 --> 00:28:56,320 Speaker 1: hiding criminal enterprises, you could certainly put a target on 470 00:28:56,320 --> 00:28:59,000 Speaker 1: your back by by being out there, you know, in 471 00:28:59,040 --> 00:29:03,560 Speaker 1: the in public um. Also, this individual claimed this was 472 00:29:03,680 --> 00:29:08,280 Speaker 1: a moral imperative, like most ex clients were doing harm 473 00:29:08,680 --> 00:29:12,080 Speaker 1: to the world and had to be stopped. So here 474 00:29:12,080 --> 00:29:17,440 Speaker 1: we are with an anonymous source does not say how 475 00:29:17,880 --> 00:29:21,920 Speaker 1: they acquired documents, where they come from, and supplies his 476 00:29:22,040 --> 00:29:25,080 Speaker 1: motivation only that they feel it is the right thing 477 00:29:25,160 --> 00:29:30,840 Speaker 1: to do. Again, how noble, how forthright, how Edwards snowed 478 00:29:30,880 --> 00:29:34,320 Speaker 1: in of him. See, I I'm so torn here because 479 00:29:34,440 --> 00:29:38,120 Speaker 1: I I want to believe that story, that somebody just 480 00:29:38,520 --> 00:29:41,040 Speaker 1: got it in themselves that this is the morally correct 481 00:29:41,080 --> 00:29:43,400 Speaker 1: thing to do. These are people that I believe are 482 00:29:43,440 --> 00:29:46,600 Speaker 1: doing harm. So I'm going to show the world, or 483 00:29:46,640 --> 00:29:49,479 Speaker 1: at least in this case, a group of journalists going 484 00:29:49,520 --> 00:29:52,040 Speaker 1: to show them this and hopefully they will report it 485 00:29:52,080 --> 00:29:54,160 Speaker 1: the way it should be reported. Well, that's definitely what 486 00:29:54,200 --> 00:29:56,440 Speaker 1: they said, right, That's what they said, and I want 487 00:29:56,440 --> 00:30:00,400 Speaker 1: to believe that, But it's just it's it's tough when 488 00:30:00,440 --> 00:30:04,040 Speaker 1: you don't have somebody like in Edward Snowden to put 489 00:30:04,040 --> 00:30:05,400 Speaker 1: a picture in your head of who this is, to 490 00:30:05,480 --> 00:30:07,960 Speaker 1: actually come out and say these things. You just have 491 00:30:08,000 --> 00:30:11,040 Speaker 1: it written down or told to you exactly, which gives 492 00:30:11,160 --> 00:30:16,040 Speaker 1: rise to one of the more popular, or for some 493 00:30:16,240 --> 00:30:23,280 Speaker 1: more fascinating, intriguing conspiracy theories already surrounding the Panama Papers. 494 00:30:23,360 --> 00:30:26,440 Speaker 1: Just for a note for those following the structure and 495 00:30:26,480 --> 00:30:29,640 Speaker 1: asking who are the they in the Panama Papers, Well, 496 00:30:29,640 --> 00:30:32,000 Speaker 1: the definite they would be the hundreds of thousands of 497 00:30:32,040 --> 00:30:34,640 Speaker 1: clients who didn't want people to know that their money 498 00:30:34,800 --> 00:30:38,240 Speaker 1: was in the Virgin Islands. However, there's more than one 499 00:30:38,320 --> 00:30:42,800 Speaker 1: they in this show, ladies and gentlemen, because they, being 500 00:30:42,920 --> 00:30:46,000 Speaker 1: John Doe, don't want you to know who he or 501 00:30:46,040 --> 00:30:49,360 Speaker 1: she is, or if it's one person, and this leads 502 00:30:49,400 --> 00:30:53,680 Speaker 1: to another, this leads to a conspiracy theory hot off 503 00:30:53,720 --> 00:30:58,720 Speaker 1: the presses once the Panama Papers came out. Allegations uh 504 00:30:58,760 --> 00:31:01,920 Speaker 1: that John Doe was somehow related to the US or 505 00:31:02,000 --> 00:31:07,920 Speaker 1: another state level actor. Oh, British Version Islands, not Virgin Islands. 506 00:31:08,080 --> 00:31:13,480 Speaker 1: British Virgin Islands. Slightly slightly different, Okay, but but what's 507 00:31:13,560 --> 00:31:17,200 Speaker 1: what's this story about possible state level involvement. Well, we've 508 00:31:17,200 --> 00:31:22,040 Speaker 1: heard just tons and tons of theories coming out ideas 509 00:31:22,080 --> 00:31:24,920 Speaker 1: about who this may or may not be, everything from 510 00:31:25,480 --> 00:31:30,120 Speaker 1: UH intelligence in Britain to intelligence in the US or 511 00:31:30,800 --> 00:31:35,800 Speaker 1: I've even heard Australia maybe involved. So let's let's focus 512 00:31:35,840 --> 00:31:40,120 Speaker 1: on one. A man named Bradley Berkenfeld. So he's this 513 00:31:40,160 --> 00:31:44,480 Speaker 1: American banker who was working at UBS, a financial institution 514 00:31:44,520 --> 00:31:46,440 Speaker 1: that Ben and I have spoken about before. We made 515 00:31:46,440 --> 00:31:50,080 Speaker 1: a video about that, talking about it was the most 516 00:31:50,800 --> 00:31:55,600 Speaker 1: money any bank had been charged. They're fine, Yeah, the 517 00:31:55,720 --> 00:31:57,440 Speaker 1: fine that they had to pay back in the day. 518 00:31:57,640 --> 00:31:59,040 Speaker 1: And I think this is around the time when he 519 00:31:59,120 --> 00:32:01,360 Speaker 1: was blowing the whistle on them. This is in two 520 00:32:01,400 --> 00:32:03,760 Speaker 1: thousand nine. So he he disclosed to the U. S. 521 00:32:03,800 --> 00:32:06,480 Speaker 1: Government this massive tax of Asian scheme that was going 522 00:32:06,520 --> 00:32:12,760 Speaker 1: on by Americans in Switzerland using these secret accounts. Now, 523 00:32:13,040 --> 00:32:17,200 Speaker 1: he was awarded a hundred and four million dollars by 524 00:32:17,200 --> 00:32:19,920 Speaker 1: the I R. S Whistleblower Office for his efforts in 525 00:32:19,960 --> 00:32:23,560 Speaker 1: doing this. He also got to spend two years in 526 00:32:23,560 --> 00:32:27,480 Speaker 1: a federal prison here in the States. Why, well, uh, 527 00:32:27,680 --> 00:32:31,880 Speaker 1: because I guess he was he was implicated in it, 528 00:32:31,920 --> 00:32:36,360 Speaker 1: and he was also doing something that is frowned upon me. Okay, 529 00:32:36,560 --> 00:32:40,280 Speaker 1: and so what does he believe happen with the Panama papers. Well, 530 00:32:40,320 --> 00:32:44,040 Speaker 1: he points his finger towards the good old Central Intelligence 531 00:32:44,080 --> 00:32:47,600 Speaker 1: Agency and he thinks they're behind it, because he says 532 00:32:47,920 --> 00:32:52,080 Speaker 1: these leaks have impacted mostly countries with tense relationships with 533 00:32:52,160 --> 00:32:55,600 Speaker 1: the United States. Although at this point listeners, some of 534 00:32:55,920 --> 00:33:00,880 Speaker 1: some of us will doubtlessly remember that a cord into 535 00:33:01,200 --> 00:33:03,760 Speaker 1: some of the latest analysis, we've been able to find 536 00:33:04,080 --> 00:33:08,560 Speaker 1: intermediaries of the CIA did work with this company, but 537 00:33:08,720 --> 00:33:12,040 Speaker 1: not We don't have any hard proof of CIA involved, true, 538 00:33:12,040 --> 00:33:14,440 Speaker 1: no hard proof, But we also know that the CIA 539 00:33:14,600 --> 00:33:18,400 Speaker 1: itself is pretty fond of using front companies, right ben 540 00:33:18,880 --> 00:33:23,040 Speaker 1: spy spy agencies in general. So I s I massad 541 00:33:23,120 --> 00:33:25,960 Speaker 1: all of my five and my six, So that I 542 00:33:26,000 --> 00:33:30,160 Speaker 1: mean yeah, but that that in itself is the real 543 00:33:30,400 --> 00:33:32,520 Speaker 1: is one of the big reasons that people look at 544 00:33:32,560 --> 00:33:35,280 Speaker 1: this and kind of their eye twitches because they are 545 00:33:35,280 --> 00:33:40,400 Speaker 1: aware of these facts. Um So. Mr Birkenfeld also has 546 00:33:40,440 --> 00:33:44,320 Speaker 1: said that he thinks David Cameron was something unfortunate collateral 547 00:33:44,400 --> 00:33:49,400 Speaker 1: damage in this league, and he also stated that, oh, 548 00:33:49,520 --> 00:33:53,560 Speaker 1: Oh this, the company Massac Fonseca was just one tiny 549 00:33:53,600 --> 00:33:57,000 Speaker 1: part in a vast offshore maze that's used by bankers 550 00:33:57,000 --> 00:34:02,240 Speaker 1: and lawyers to hide money from taxipotily that I have 551 00:34:02,360 --> 00:34:05,400 Speaker 1: no doubt in my mind that that's the case. Sure, yeah, 552 00:34:05,520 --> 00:34:10,240 Speaker 1: this brings us to some some other things, some consequences, 553 00:34:10,280 --> 00:34:15,440 Speaker 1: some conclusions, some current developments, almost a colorful developments. And 554 00:34:15,480 --> 00:34:18,040 Speaker 1: you know, I guess that would work. No earlier you 555 00:34:18,120 --> 00:34:20,160 Speaker 1: had mentioned to us at the top of the show 556 00:34:20,600 --> 00:34:24,840 Speaker 1: that just as we were going in, uh, some s 557 00:34:24,960 --> 00:34:27,759 Speaker 1: was starting to hit the f which I know that 558 00:34:27,880 --> 00:34:31,399 Speaker 1: just sounds weird. Let's say something different. The badgers were 559 00:34:31,480 --> 00:34:35,239 Speaker 1: hitting the bag. No, the badgers were biting the bat. 560 00:34:35,640 --> 00:34:37,799 Speaker 1: The badgers were biding the bat. The badgers began to 561 00:34:37,800 --> 00:34:41,400 Speaker 1: bite the bat as we were walking in. What happened? 562 00:34:41,440 --> 00:34:44,680 Speaker 1: What's this new news story? Yeah, so the headquarters of 563 00:34:44,800 --> 00:34:50,520 Speaker 1: Mussak Fonseca were actually rated by the Panamanian police yesterday 564 00:34:50,560 --> 00:34:54,440 Speaker 1: April the twelve, yesterday recording this and you know you 565 00:34:54,480 --> 00:34:57,280 Speaker 1: know about this right, Oh yeah, a little bit. They're 566 00:34:57,800 --> 00:35:01,320 Speaker 1: they're searching for evidence of any kind of money laundering 567 00:35:01,520 --> 00:35:05,400 Speaker 1: and documents anything about the financing of terrorism, which we 568 00:35:05,440 --> 00:35:08,279 Speaker 1: have not mentioned, but it seems like a really big 569 00:35:08,280 --> 00:35:11,200 Speaker 1: concern in the right. Yeah, this is a huge concern 570 00:35:11,200 --> 00:35:17,160 Speaker 1: in this Yeah, that house of sodd money exactly. And 571 00:35:17,160 --> 00:35:19,879 Speaker 1: and the police officers that are doing this are part 572 00:35:19,960 --> 00:35:24,120 Speaker 1: of an organized crime unit, so they they know about 573 00:35:24,160 --> 00:35:26,520 Speaker 1: all this money laundry. I guess that's part of their specialty. 574 00:35:26,680 --> 00:35:30,000 Speaker 1: They're also looking at several subsidiaries of the firm at 575 00:35:30,040 --> 00:35:34,480 Speaker 1: a even a computer support center which may hold documents there, right, 576 00:35:34,640 --> 00:35:38,839 Speaker 1: files of different illegal activities that did not somehow get 577 00:35:38,840 --> 00:35:42,880 Speaker 1: connected or collected in that initial suite. And the big 578 00:35:43,120 --> 00:35:47,960 Speaker 1: buzz around our conspiracy at least is that are they 579 00:35:48,000 --> 00:35:50,520 Speaker 1: going to destroy documents when they find them because they're 580 00:35:50,560 --> 00:35:54,040 Speaker 1: corrupt in any way or working together with you know, 581 00:35:54,600 --> 00:35:58,200 Speaker 1: the heads of state. That that's the subredit our conspiracy. 582 00:35:58,440 --> 00:36:02,400 Speaker 1: Oh are you yes? Read it? Yeah? That that's fascinating 583 00:36:02,480 --> 00:36:08,200 Speaker 1: because it does lead us to believe multiple new stories 584 00:36:08,280 --> 00:36:13,000 Speaker 1: are going to be forthcoming within the next few days, weeks, 585 00:36:13,040 --> 00:36:16,680 Speaker 1: who knows how long. Multiple journalists have stated that more 586 00:36:16,719 --> 00:36:19,640 Speaker 1: stories are on the way, and again, this is just 587 00:36:19,760 --> 00:36:24,000 Speaker 1: so much stuff people are still analyzing it. So I 588 00:36:24,040 --> 00:36:29,600 Speaker 1: want to ask you, guys, what are the consequences if 589 00:36:29,640 --> 00:36:33,719 Speaker 1: any of this. Well, one thing is that countries are 590 00:36:33,760 --> 00:36:36,720 Speaker 1: being accused of censoring the information that's coming out about 591 00:36:36,719 --> 00:36:39,640 Speaker 1: this um too. I mean, for a lot of reasons, 592 00:36:39,680 --> 00:36:41,960 Speaker 1: but one of the main ones just to prevent citizens 593 00:36:42,040 --> 00:36:44,839 Speaker 1: inside their country from knowing about it. Because the less 594 00:36:44,840 --> 00:36:48,080 Speaker 1: the public knows about the heads of their state perhaps 595 00:36:48,239 --> 00:36:51,759 Speaker 1: or even their celebrities, the less they know about them 596 00:36:51,840 --> 00:36:57,120 Speaker 1: doing these nefarious things, allegedly nefarious things, the better. And thankfully, 597 00:36:57,120 --> 00:36:59,759 Speaker 1: we live in the age of you know, information being 598 00:37:00,040 --> 00:37:01,960 Speaker 1: up of our fingers, so it's a lot more difficult 599 00:37:02,320 --> 00:37:04,880 Speaker 1: for governments to keep information like this from people that 600 00:37:05,040 --> 00:37:07,560 Speaker 1: you know, know where to look, right. You know that's 601 00:37:07,560 --> 00:37:11,319 Speaker 1: a stupe because we've said this before on this show, 602 00:37:11,360 --> 00:37:14,440 Speaker 1: I believe. But back in let's see the forties or 603 00:37:14,440 --> 00:37:17,560 Speaker 1: the thirties or fifties, and the way you would blackout 604 00:37:17,560 --> 00:37:21,839 Speaker 1: an entire population, the way you would hide something is 605 00:37:21,960 --> 00:37:24,799 Speaker 1: just remove it. So if you had a needle you 606 00:37:24,800 --> 00:37:27,080 Speaker 1: didn't want people to see, you would just take the needle. 607 00:37:27,680 --> 00:37:31,080 Speaker 1: But now the methods have changed and the best way 608 00:37:31,120 --> 00:37:33,600 Speaker 1: to hide the needle is to surround it with a 609 00:37:33,640 --> 00:37:35,799 Speaker 1: bunch of other needles. I was doing a needle in 610 00:37:35,800 --> 00:37:39,240 Speaker 1: a haystack thing. But I got derailed somewhere along the way, 611 00:37:39,320 --> 00:37:43,080 Speaker 1: and now I'm just describing some sort of no your 612 00:37:43,120 --> 00:37:46,759 Speaker 1: heroin fans. You're totally right, man. It's a needle and 613 00:37:46,800 --> 00:37:50,000 Speaker 1: a needle stack. Now that's that's needle and a needle stack. 614 00:37:50,080 --> 00:37:52,439 Speaker 1: You save that one. Well, here's an example of that, 615 00:37:52,680 --> 00:37:57,919 Speaker 1: because if you recall, uh, recently, before this news hit 616 00:37:58,000 --> 00:38:00,960 Speaker 1: the press and became the you know, the thing that 617 00:38:01,000 --> 00:38:04,359 Speaker 1: everyone was focusing on, there was another scandal, another leak 618 00:38:04,360 --> 00:38:08,719 Speaker 1: and investigation into a company known as Una Oil right 619 00:38:08,800 --> 00:38:11,960 Speaker 1: the I believe vern based in Monaco, and they I 620 00:38:12,000 --> 00:38:15,200 Speaker 1: believe was Monico. If I am wrong on that, please 621 00:38:15,480 --> 00:38:17,919 Speaker 1: right in and let me get a correction on air. 622 00:38:19,320 --> 00:38:25,560 Speaker 1: What we found was that these this organization was brokering 623 00:38:25,600 --> 00:38:30,360 Speaker 1: corrupt deals for a lot of large corporate large companies 624 00:38:30,480 --> 00:38:36,200 Speaker 1: rather and conglomerates to get favorable business arrangements in a 625 00:38:36,200 --> 00:38:39,799 Speaker 1: lot of developing countries and practice resource extraction. But now 626 00:38:40,880 --> 00:38:44,160 Speaker 1: no one's really talking about that, So I don't know 627 00:38:44,200 --> 00:38:47,280 Speaker 1: if the timing works out. Since if this was indeed 628 00:38:47,320 --> 00:38:49,000 Speaker 1: more than a year in the making, it sounds like 629 00:38:49,040 --> 00:38:52,520 Speaker 1: the journalists are telling the truth. Then maybe it's just 630 00:38:52,600 --> 00:38:55,439 Speaker 1: a coincidence that you know, oil popped up and disappeared. 631 00:38:56,560 --> 00:38:59,239 Speaker 1: Maybe it is. I don't know, Ben. I think you're 632 00:38:59,320 --> 00:39:01,600 Speaker 1: right that this the un oil story was huge, and 633 00:39:01,640 --> 00:39:04,040 Speaker 1: we we were talking about it a lot just around 634 00:39:04,080 --> 00:39:07,480 Speaker 1: the office, and I feel like, I think maybe we 635 00:39:07,520 --> 00:39:09,880 Speaker 1: need to talk about it in more detail sometime in 636 00:39:09,880 --> 00:39:13,440 Speaker 1: the future, just so it doesn't go away, right, And 637 00:39:13,560 --> 00:39:17,000 Speaker 1: we want to hear from you. What are your opinions 638 00:39:17,520 --> 00:39:21,000 Speaker 1: on the Panama Papers. What part of the world do 639 00:39:21,040 --> 00:39:24,319 Speaker 1: you do you call home? What what do people your 640 00:39:24,400 --> 00:39:27,920 Speaker 1: neck of the Global woods think about the Panama Papers. 641 00:39:27,960 --> 00:39:30,640 Speaker 1: You can find us on Facebook and Twitter. We'd love 642 00:39:30,719 --> 00:39:33,160 Speaker 1: to hear from you there. We are conspiracy stuff at 643 00:39:33,200 --> 00:39:38,880 Speaker 1: both of those And speaking of hearing from you, I 644 00:39:38,920 --> 00:39:45,680 Speaker 1: think it's time for shut at Conners. The first shout 645 00:39:45,719 --> 00:39:48,840 Speaker 1: out goes to Hannah f who wrote to us about 646 00:39:49,239 --> 00:39:52,480 Speaker 1: UFO sightings in Canada and a younger listener. Yes, I 647 00:39:52,680 --> 00:39:55,920 Speaker 1: I remember seeing thirteen and then like that's when she started, 648 00:39:56,520 --> 00:40:00,440 Speaker 1: when she was thirteen and as eighteen. Now, yeah, thanks 649 00:40:00,440 --> 00:40:04,160 Speaker 1: so much for Ryan Haneff. And we're checking the Canadian 650 00:40:04,360 --> 00:40:07,759 Speaker 1: UFO report pretty I don't know, we're going pretty hard 651 00:40:07,800 --> 00:40:11,080 Speaker 1: on the pain. It's so much fun. I like it. Uh. 652 00:40:11,080 --> 00:40:15,120 Speaker 1: And Gail Gerard writes into us and says, uh, she 653 00:40:15,280 --> 00:40:17,879 Speaker 1: listens to us while waiting in the caroline to pick 654 00:40:18,000 --> 00:40:21,160 Speaker 1: up her son from school. Well, Gail, we hope that 655 00:40:21,239 --> 00:40:24,600 Speaker 1: we're making you one of the cool moms. Oh, Gail, 656 00:40:24,640 --> 00:40:27,319 Speaker 1: come on, you're absolutely cool. Mom. Do you roll your 657 00:40:27,360 --> 00:40:30,439 Speaker 1: windows down when you're listening to everybody else that music 658 00:40:30,480 --> 00:40:35,239 Speaker 1: pops in. Finally, we have one from Taylor and who 659 00:40:35,320 --> 00:40:40,239 Speaker 1: sent us several personal stories about unusual and strange experiences 660 00:40:40,280 --> 00:40:43,520 Speaker 1: in national parks, as well as another explanation for the 661 00:40:43,560 --> 00:40:48,120 Speaker 1: disappearances UM, which was a secret space program that includes 662 00:40:48,280 --> 00:40:51,440 Speaker 1: moon bases created in the nineteen sixties. I'm not sure 663 00:40:51,440 --> 00:40:54,160 Speaker 1: about that one, but that's it's it's pretty great. He 664 00:40:54,160 --> 00:40:58,080 Speaker 1: he describes. It's not his theory. Uh. I don't know 665 00:40:58,120 --> 00:41:00,440 Speaker 1: if it's I can't remember if he said it was 666 00:41:01,000 --> 00:41:03,080 Speaker 1: someone in his family or a friend. But they described 667 00:41:03,080 --> 00:41:05,920 Speaker 1: in the nineteen sixties, we've been we've had people on 668 00:41:05,960 --> 00:41:08,400 Speaker 1: the moon, and we need people to work these sites 669 00:41:08,600 --> 00:41:13,080 Speaker 1: on the moon. So so they've been abducting people just 670 00:41:13,560 --> 00:41:17,800 Speaker 1: you know, Willie Nilly out in National parks. Adoption. This 671 00:41:17,960 --> 00:41:21,919 Speaker 1: is a good idea. All right, Well, Taylor and you 672 00:41:22,000 --> 00:41:26,440 Speaker 1: are attached officially as producer and co writer on that project. 673 00:41:26,480 --> 00:41:28,319 Speaker 1: That's the least we can do, right And one last 674 00:41:28,320 --> 00:41:30,360 Speaker 1: thing here before we take off. If any of you 675 00:41:30,400 --> 00:41:34,359 Speaker 1: are out there going hey guys, Matt Noel, then why 676 00:41:34,360 --> 00:41:38,080 Speaker 1: didn't you talk about the Americans and why they aren't 677 00:41:38,160 --> 00:41:42,960 Speaker 1: talked about in these papers? Well guess what? There are 678 00:41:43,040 --> 00:41:45,080 Speaker 1: some and what what I need you to do is 679 00:41:45,120 --> 00:41:47,960 Speaker 1: head over to zero heads dot com because they're they're 680 00:41:47,960 --> 00:41:51,239 Speaker 1: pretty good about giving links out to other places as well. 681 00:41:51,280 --> 00:41:53,200 Speaker 1: It's just a really good place to start. They name 682 00:41:53,320 --> 00:41:57,480 Speaker 1: names in there that are talked about, um specifically Americans, 683 00:41:58,360 --> 00:42:00,960 Speaker 1: parts of like the New York Global Group in or 684 00:42:01,000 --> 00:42:05,239 Speaker 1: in there, people in Bellevue, Washington. All kinds of people 685 00:42:05,280 --> 00:42:07,799 Speaker 1: are in there. Check it out and you'll find what 686 00:42:07,840 --> 00:42:11,319 Speaker 1: you're looking for. That is an excellent point, Matt, and 687 00:42:11,480 --> 00:42:14,959 Speaker 1: that is where we are going to end the show 688 00:42:15,200 --> 00:42:18,239 Speaker 1: to day for now, at least our part of it, 689 00:42:18,280 --> 00:42:21,839 Speaker 1: because now it's your part, folks listening. We want to 690 00:42:21,880 --> 00:42:26,640 Speaker 1: hear again where you're from, what people are saying about 691 00:42:26,680 --> 00:42:30,240 Speaker 1: this where you're at. Do people care? Do people not care? 692 00:42:30,239 --> 00:42:34,960 Speaker 1: Our websites blocked in in your country. If so, you know, 693 00:42:35,360 --> 00:42:37,400 Speaker 1: it occurs to me the podcast maybe one of the 694 00:42:37,440 --> 00:42:40,200 Speaker 1: few ways people are hearing about this, which is baffling 695 00:42:40,280 --> 00:42:42,839 Speaker 1: to think about, isn't it. Yeah, it is. So your 696 00:42:42,920 --> 00:42:45,839 Speaker 1: job keep tabs on this as you go forward, because 697 00:42:45,880 --> 00:42:48,440 Speaker 1: they're gonna be other big stories that pop in the front, 698 00:42:48,440 --> 00:42:50,359 Speaker 1: and know everyone will talk about those and this will 699 00:42:50,400 --> 00:42:53,360 Speaker 1: just go by the wayside. Keep tabs on it, you know, 700 00:42:53,800 --> 00:42:56,480 Speaker 1: maybe write a little note to yourself to look at 701 00:42:56,520 --> 00:42:58,919 Speaker 1: it in two months from now, just to see where 702 00:42:58,920 --> 00:43:01,839 Speaker 1: we're at, what other relations have come out. And that's 703 00:43:01,880 --> 00:43:04,919 Speaker 1: the end of this classic episode. If you have any 704 00:43:05,040 --> 00:43:09,000 Speaker 1: thoughts or questions about this episode, you can get into 705 00:43:09,040 --> 00:43:11,560 Speaker 1: contact with us in a number of different ways. One 706 00:43:11,600 --> 00:43:13,120 Speaker 1: of the best is to give us a call. Our 707 00:43:13,239 --> 00:43:17,160 Speaker 1: number is one eight three three std w y t K. 708 00:43:17,680 --> 00:43:19,439 Speaker 1: If you don't want to do that, you can send 709 00:43:19,520 --> 00:43:22,759 Speaker 1: us a good old fashioned email. We are conspiracy at 710 00:43:22,800 --> 00:43:26,440 Speaker 1: i heart radio dot com. Stuff they Don't want you 711 00:43:26,480 --> 00:43:29,120 Speaker 1: to Know is a production of I Heart Radio. For 712 00:43:29,200 --> 00:43:31,560 Speaker 1: more podcasts from my heart Radio, visit the i heart 713 00:43:31,640 --> 00:43:34,400 Speaker 1: Radio app, Apple Podcasts, or wherever you listen to your 714 00:43:34,440 --> 00:43:35,120 Speaker 1: favorite shows.