Black Money is the root of problems for most Third World nations......Western powers back their corrupt puppets into power, and they have a sweet and simple arrangement. Unquestioned loyalty by the puppet towards the Western Powers, and in return the puppet gets to loot and steal the state coffers along with their Kleptocracy crony cabal associates in GOVERNMENT and in the PRIVATE SECTOR.
Color coded revolutions......maybe coded numbers ....3, 5, 7, 9, 11........and Western ENGLISH catchy slogans in the streets of many countries...written by someone in Western Intelligence.
Pakistan is the classic example. Everybody in Pakistan knows that Zardari is both corrupt and an American puppet. The Americans don't pretend because they've built a massive embassy next to the Presidents residence, which Zardari visits daily, in between special visits to the USA....very recently. He has upwards of $3 billion of the poor poverty stricken Pakistani peoples money stashed away in secret offshore accounts.
Naturally any rational nation should want to address as soon as possible the demon of Black Money, but in India there are many skeletons in the proverbial closet where that is concerned, as the ruling Gandhi/Nehru dynasty have themselves, especially since the 1960's under Indira Gandhi and then later Rajiv institutionalized the black practice of taking illegally gained money from India, and then stashing it away in Switzerland and the other 70 of shore tax havens around the world. It should be noted that Switzerland is only one of 70 tax havens around the world.
By opening up the issue of Black money one is exposing the basic NEO-COLONIAL arrangement between Western countries and their pseudo-colonies in the Third World. I pray India succeeds in this endeavor as it will mean "Liberation" in the real sense. However Wikileaks must not be relied on as the source of or limited to of investigations....as it has been exposed as a Rothschild disinformation agency. Indian authorities must do their own work.
Cabinet discusses black money issueBy the Press Trust of India, and TOI.
A day after the government came under attack from the Supreme Court over black money stashed abroad, several ministers today voiced concern over the issue at the Union Cabinet meeting here but Prime Minister Manmohan Singh made it clear that the details could not be disclosed.
The ministers noted that the government was facing the flak from virtually all quarters and the impression was gaining ground that the government had something to hide on the issue, sources said.
At the meeting, Singh pointed out that the government could not disclose the names about whom it had information regarding accounts in foreign banks as it was bound by various treaties.
Finance minister Pranab Mukherjee said the government had received information about the black money accounts in foreign banks as per international treaties and if this is revealed, no government would share such details in future, the sources said.
It was emphasised that the information was shared purely for taxation purposes and the government intends to do the same without making public the names of account holders or other details, the sources said.
Mukherjee said he would soon hold a press conference to clear the air on the issue.
The Supreme Court yesterday pulled up the government for witholding information on black money stashed in foreign banks, saying it is not just limited to tax evasion but a "mind boggling crime" amounting to "theft" and "plunder" of national wealth having security ramifications.
Hours later, the Prime Minister said "some information" about black money accounts had been provided to India "for use in the collection of due taxes. We cannot use the information for any other purposes and that information cannot be made public" as the country cannot violate the obligations under international treaties.