Rogue current and former dictators and global bribe-paying giant corporations are enjoying levels of impunity, which only encourage international corruption and money laundering. The G20 needs to use this event to forcefully declare "NO IMPUNITY."
As Silly Season winds to a close, there were a smattering of 'Obama's on vacation -- how dare he!?!' stories, as usual. Obama has taken less than a third of the days off that President Bush did, but that certainly doesn't stop pundits from complaining every time Obama picks up a golf club.
How is it I can't use my good, hard-earned cash to deposit in someone else's legitimate account? Look, I'm all for stopping money laundering. But this new policy is disruptive for millions of families across the U.S. Not only is it disruptive -- but it's also silly.
We have credible evidence that where national park rangers and community ecoguards are out patrolling, and risking their lives doing so, elephants have a much greater chance of escaping the poacher's bullet, axe and chainsaw.
The Wolf of Wall Street did not create or endorse the corrupt culture and lifestyle it depicts, but simply pulls if from the shadows and puts it on display. If this inspires people to follow Belfort's example, the issue isn't the film.
In yet another display of the Texas judiciary's overt partisanship in the legal saga over Tom DeLay's alleged money laundering scheme during the 2002 Texas elections, a court of appeals overturned DeLay's conviction last Thursday.
One Catholic has been moved to do something about the Vatican's unpleasant facts. He's Pope Francis I, the first Jesuit to rule in the Vatican, and he's in the process of afflicting the comfortable. Life is imitating art.
While Congresswoman Michele Bachmann was announcing her retirement to much fanfare in the media, according to information given exclusively to Take Action News, the FBI was busy collecting potentially damaging evidence against her from two former campaign aides.
Two of the largest banks in the world, which reap massive explicit and implicit subsidies from the government, were criminal enterprises for at least a decade. Each engaged in violations that were vastly larger than Liberty Reserve.
The proposal, strongly supported by Treasury, will not work to prevent the biggest source of tax evasion -- multinational corporations use of transfer pricing to shift of profits to low or no tax countries -- and Treasury knows it and, indeed, has opposed OECD efforts to close that loophole.
The new Pope Francis is clearly a well-intentioned man. But all his austerity measures, personnel changes, and efforts at transparency will do little to change its century-old insolvency problem. Now, more than ever, the Vatican needs money.