The TJN really pisses me off at times

And this is something that more an more of these activist groups are doing, the lying little shits.

More than $12tn (£8tn) has been siphoned out of Russia, China and other emerging economies into the secretive world of offshore finance, new research has revealed, as David Cameron prepares to host world leaders for an anti-corruption summit.

A detailed 18-month research project has uncovered a sharp increase in the capital flowing offshore from developing countries, in particular Russia and China.

The analysis, carried out by Columbia University professor James S Henry for the Tax Justice Network, shows that by the end of 2014, $1.3tn of assets from Russia were sitting offshore.

That report is not online. It’s not on their site, doesn’t seem to be anywhere.

What they’re doing is releasing it to reporters, selected ones, so that they get their headlines. But anyone wanting to critique it has to wait a day or two for them to put it online. By which point of course their case is made: we got the headlines without criticism.

Lying little shits they are.

15 thoughts on “The TJN really pisses me off at times”

  1. Russia and China? The TJN really want to think that people taking cash out of these places is more evil than what these Corajus States themselves do to their people? Wankers.
    .

  2. It also potentially misleads in that the money doesn’t “sit” (or remain) off-shore. It instantly comes straight back on-shore…

    Lying little shits they are.

    That’s actually very polite of you.

  3. “Lying little shits they are.”

    Indeed. In NZ they have worked themselves up into a frenzy together with the Labour party, and released not a single scrap of evidence for all their claims, just a rehash of the HSBC stuff out of switzerland with no relevance to their headlines.

    I’ve always believed in “never attribute to malice that which is adequately explained by stupidity”, but I think here we have a junction of malice & stupidity.

  4. Murphy’s claiming to be an economist again. I wonder how many of the other 299 signatories are actually proper published academic economists with proper qualifications writing proper peer-reviewed papers, and how many are grandiose campaigning statists whose answer to every politicised issue is MOAR TAXES

  5. “I wonder how many of the other 299 signatories are actually proper published academic economists”

    My guess: at least 1/3rd will be sociologists.

  6. That’s rather the point though – isn’t it? Control the narrative? No doubt there is some rubbish about ‘Neoliberal corporate media dilution’ of the message which is their post hoc justification for this.

    Noel – albeit this is a hypothetical – I asked if a Zimbabwean, Eritrean or North Korean would be ‘obliged’ to respect the sanctity of their State’s ‘right’ to raise taxation. Murphy did not acknowledge it but the sentiments from the likes of Dickie and people like Wilcox are indeed agreeing with just that proposition – State authority is like some medieval shibboleth – sacrosanct… It’s a world view that is frankly terrifying….

  7. ‘A detailed 18-month research project has uncovered a sharp increase in the capital flowing offshore from developing countries, in particular Russia and China.’

    Detailed? Sharp? Developing?

    ‘Detailed’ is such an odd adjective for a research project.

    ‘Sharp’ is for drama.

    Developing? At what point will Russia and China be considered ‘developed?’ We get reports of China becoming the world’s largest economy, to it being ‘developing.’

    Wankers.

  8. Dear Mr Worstall

    “… as David Cameron prepares to host world leaders for an anti-corruption summit.”

    Would this be the same David Cameron who spunked £9.3 million of taxpayers’ money on government propaganda to instruct the people to vote to remain as slaves of the EU?

    DP

  9. Van_Patten said:
    “I asked if a Zimbabwean, Eritrean or North Korean would be ‘obliged’ to respect the sanctity of their State’s ‘right’ to raise taxation.”

    I’m banned, but would like to ask him to which State the inhabitants of Artsakh must pay their taxes.

    (Or any other disputed territory; not everywhere in the world is as simple as Norfolk)

  10. but it’s money well spent as No EU means no peace In Europe! Or as Dave is peddling today no Britian in the EU means we can’t trust the rest of them to start fighting without us to keep an eye on them. Really can’t believe the level of debate on both sides on the issue.

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