Panama Offshore accounts

upvote but I suspect that image is fighting understatement with exaggeration tbh i know how these things work. Cunts to the left of me, cunts to the right. And a cunt standing right in the middle, wearing a bear costume RIP

Fuck me Bearsy you seem surrounded by cunts

Back on topic, “Dodgy-piggy-Cameron” has finally admitted that yes, he has benefited from his dad’s re-routing of cash from the Exchequer to the Caribbean.

David Cameron has admitted he did have a profitable stake in his father’s offshore investment fund, before selling it for around £30,000 before he became Prime Minister.

The admission comes five days after a huge cache of documents were leaked – dubbed the Panama Papers – detailing the tax affairs of thousands of individuals of worldwide. The Prime Minister’s father, Ian Cameron, who passed away in 2010, was exposed as running a fund under the name of Blairmore Holdings in the papers.

Not, of course, that this was news to anyone, least of all Mark Steel, who makes the rather obvious connection between parental wealth, provision for a child and inheritance. Bangs this underarm bowl for six.

Anyone with compassion reading this week’s tax avoidance story must feel immensely sorry for David Cameron. He insists he’s not going to benefit from any money his father may have saved through offshore tax accounts in the future.

No inheritance for the young David? His dad must have been a right bastard. Perhaps Ian Cameron – who amassed his fortune of 10 million quid, some of it through placing his money in the Bahamas to reduce his tax bill – didn’t spend a penny on his son. The Prime Minister must have put himself through Eton on a really big paper round.

Look, £40m really isn’t that much these days. It doesn’t go as far as you would think, I mean, have you seen the price of a Bordeaux first growth? It is absolutely scandalous.

6 Likes

The Independent have an opinion piece on their site this morning calling for Cameron to resign. Kirsty Major is the author.

David Cameron is a man with a reputation seemingly made of titanium. Really, who does this guy have to piss off to merit serious calls for his resignation? Considering it’s just been revealed that he did actually have a stake in his father’s offshore investment fund, the lack of outrage is astonishing.

He annoyed steel workers, migrants, those on benefits, students, the disabled, the working class, the unions and women ages ago. But it’s OK – those people don’t matter in the grand scheme of things.

Then he came for the middle classes, which was a bit of a shocker. The Prime Minister has presided over four junior doctors’ strikes; forced teachers into debating industrial action over plans to turn schools into academies; and angered solicitors over cuts to legal aid.

Of course, he also upset the whole nation’s moral sentiments with the small issue of PigGate. This pales in comparison, though, to the moral disgust I feel over the fact that he’s been neglecting to tell us about that secret stake in Ian Cameron’s offshore tax avoidance scheme all week. Now it seems pretty clear why his response to the Panama Papers lacked a decisive call to action – or indeed a straight answer to almost anything until now.

Ouch (although fun to see the Sun still playing ball!).

1 Like

I can’t claim credit for this, sadly.

It’s good though. Props to a D. Cameron for providing most of the material (and the person that made the image).

1 Like

I don’t think the PM will have seen front pages that damaging before.

Will anything change?

Yes, he’ll clamp down further on the media.

1 Like

It was not illegal.

He owned the shares before moving to #10.

Sorry guys but you lot getting up a head of steam about this is just bollox.

Claiming obscure and inflated amounts of money on your Expenses was not Illegal. Many (if not all) MP’s of every party did it.

And where are those MP’s now?

It’s so sweet how everyone still believes the ruling class are perfect rather than out to simply get their own pockets and snouts filled to the brim.

They don’t give a damn about the masses. Why the outrage when someone did something legal?

Oh and go back and READ what Cameron said in the week - he did not have any shares and would not benefit now or in the future - perfectly crafted legal spin. It totally did not say anything about the past so he isn’t even lying.

Burn the bloody lot of them IMHO

It’s not really about the legality of the situation, and more about the morality. Let’s not forget that back in 2012, this Prime Minister was hauling Jimmy Carr over the coals for his tax arrangements. Glass houses, stones, etc.

5 Likes

Yeah and like fiddling expenses was not immoral.

Or Invading Iraq, or Bombing Libya, or carving up the Oil Licences, or supplying arms to xxxxx, or foreign aid to India when they could save Port Talbot or or or or or or or

:wink:

#mockoutrage

It’s not really a case of either/or for me. All the things you mention could be construed as immoral, and those responsible have borne a great deal of criticism.

The PM has said that tax avoidance is morally wrong. Just six years ago, when Cameron was 43, well over the age you’d expect someone to be able to make a “moral” choice, he’s fessed up to having 31K in a scheme like those he was railing against when it happened to be a left wing comedian using them.

Even at the time, this caused consternation among senior Tories, who knew that the light could just as easily be shined on them. Furthermore, we’ve reports this week that illustrate that Cameron actively went out of his way to protect tax havens, and Vince Cable tells us that he backed off his own rhetoric and let these people off the hook.

In conclusion, we’ve got a PM that rails against tax avoidance in public, campaigns to keep them going, backs off any legislation to bring them under control and has admitted to (so far) owning a 30K stake in this immoral business. That 30K, btw, is suspiciously close to the capital gains threshold, so I would be entirely unsurprised to learn if this was the tip of the iceberg.

In short, it’s a position of total hypocrisy. David Cameron has been caught with his nose in the trough and his dick in a dead pig’s cakehole.

5 Likes

Originally posted by @Dubai_Phil

It was not illegal.

I was watching BBC this morning, it went down like this:

PRESENTER: And now our top story, Prime Minister has confessed to profiting from share trading in offshore companies. We have with us some plausible trader bro. Plausible trader bro, why is everyone so angar about this?

PLAUSIBLE TRADER BRO (PSB): Dunno.

PRESENTER (non-plussed): Erm. Ain’t it cos it was an off-shore tax avoidance scheme?

PSB: No.

PRESENTER: What was it then?

PSB: A mundane investment in an Irish hedge fund, that made a profit, which was declared as income and taxed accordingly. Everyone who dabbles in investing, will have investments like this.

PRESENTER: Erm. But it’s pretty scandalous, ain’t it. Look at the headlines!

PSB: The headlines should be, man makes moderate investment and pays tax.

PRESENTER: Oh. Erm. But the hedge fund was offshore! Why was it offshore if it wasn’t to avoid tax!

PSB: If someone was trying to avoid tax, the type of investment David Cameron made is the last thing I would recommend. Hedge funds are typically offshore simply because it’s quicker and easier to set them up that way, and because you’re trading in global economy. This hedge was specialising in global commodities. Nothing shady about it at all.

PRESENTER: Oh. He fucked a pig tho, didn’t he. Don’t forget that!

5 Likes

You won’t find this grade of analysis anywhere else.

Unless of course, Channel4 headhunt Bear for Jon Snow’s job, which is more than likely.

Rumour has it he knows nothing.

1 Like

I’m on the front line of investagative journalism, pap! I’m not afraid to shed light on the Hard Truths, no matter the consequences.

1 Like

I’m not sure about anyone else, but I’m interested in the journalistic investigation on show at the New Day.

4 Likes

Trying to see if they establish a handy precedent, Oedipus? :lou_wink_2:

1 Like

The pig fucker has no shame.

How is this cunt still in a job?

2 Likes

Originally posted by @Goatboy

Tha pig fucker has no shame.

How is this cunt still in a job?

It is a calculated move to give you wind.

Reasons, not least an even cosier relationship with certain media people than Blair ever had. Look at the way that he sent Jeremy Hunt out to bat for the BSkyB merger before he set the cunt loose on the health service. Consider that James Harding, head of BBC News, is reportedly Gideon Osborne’s best mate.

I’ve recommended this book a fuckton already, but if you want to know “How they get away with it?”, read Owen Jones’ The Establishment.

1 Like