The Panama Papers, Now Playing
Map from ICIJ (International Consortium of Investigative Journalists)
“The Panama Papers” could be the title of a mid-century noir starring Humphrey Bogart or maybe Alec Guinness. In fact it is an ongoing opportunity for our failing news media to research juicy data on global tax evasion by the rich and unscrupulous here and abroad. The 11.5 billion documents are from the files of Panamanian law firm Mossack Fonseca and incriminate evenhandedly heads of state, corporations, and figures in sports and the art world. The prime minister of Iceland resigned immediately following exposure of his offshore bank holdings, and David Cameron has had to defend his father’s dealings. Putin seems to be condemned by association, and Bashar al Assad’s cousins are definitely enmeshed. (Much more will be revealed by the ICIJ on May 9.)
Jurgen Mossack and Ramon Fonseca
Our press, after reporting, often gleefully, on the rowdiest and least morally serious primary campaign in recent memory, now has an opportunity to reveal to the U.S. electorate the shady investments and slippery connections of donors and politicoes at home and abroad. There are no Clintons on the Panama Papers list so far, but some of their closest confreres have been named. Bernie Sanders will not have needed a tax shelter, and no doubt Donald Trump has other ways to protect his billions. Still, we can expect an exciting round of follow-the-money discoveries in the coming campaigns, in addition to the usual salacious reminders of sequential marital difficulties on the part of the major candidates.
Moral seriousness seems to be in short supply these days, not only in journalism and politics. This puts into high relief Adam Hochschild’s fine book on the Spanish Civil War. While the topic may seem remote just now, as the world warms, the Middle East implodes and Europe falters under the waves of its refugees, Hochschild focuses on a related issue: when is intervention in a foreign war justifiable?
The poorly armed Spanish Republicans were unable to prevent Generalissimo Franco, backed by Hitler and Mussolini, from taking over. If the U.S. had officially joined Russia in reinforcing the ragtag Spanish Republican army, might that have forestalled the slaughter of the Second World War? If the U.S. had more heavily armed an elusive “moderate” Syrian opposition against the Assad regime, could the bombing of that hospital in Aleppo have been averted? It seems safe to say that in each case, the only certain outcome would have been greater bloodshed.
During demonstrations against the U.S. war in Vietnam, I remember a spirited peace march through through San Francisco on a sunny day, with my parents, husband, and two young children. It was one of the few times that I saw my father, an embittered veteran of World War II, suspend his cynicism. And we did eventually get out of Vietnam, whether or not our antiwar protests were crucial.
Demonstrations against the U.S. war in Iraq seemed less spirited, but then we were thirty years older, wiser, and sadder. Today, our weaponry and soldiers are still in Iraq, as well as Syria and Afghanistan—although many of the U.S. tanks and missiles have ended in the hands of the Islamic State and al Quaeda. But there are always more where those came from, given that the Uncle Sam is the largest arms manufacturer in the world, by far.
The important question of justifiable intervention in a foreign war is only too relevant, fiscally and morally, to the current presidential campaigns., “How Hillary Clinton Became a Hawk” by White House correspondent Mark Landler (NYTimes Magazine, April 24) examines at great length the evolution of her belief in military solutions, including her long-term friendships with various army generals. of which David Petraeus is the most photogenic.
Landler scarcely mentions Hillary’s controversial role in Libya, perhaps because the Times had recently covered it in an earlier pair of in-depth articles. The Times, which has endorsed Clinton, seems to have displayed unusual initiative in publishing these pieces, which conclude that American voters may be presented with “an unfamiliar choice, a Democratic hawk versus a Republican reluctant warrior.” Donald Trump claims that he was an early opponent of the Iraq war, which he said would destabilize the region. Fact-checkers report that he said no such thing at the time that he said it.
However these distorting, disheartening campaigns develop in the coming six months, unpacking the Panama Papers should result in more transparency about global networks of money and power.Whether the electorate’s responses will be too jaded to make the logical connections, time will tell. But after the election we can always look forward to the movie. For his part, Ramon Fonseca jauntily says that he plans to use the material in a novel.