Panama papers

Obama & Clinton were warned Panama trade deal would help tax cheats, pushed it anyway; Sanders opposed it

Surprise surprise, the critics -- Bernie Sanders among them -- were right, and Clinton and Obama were wrong. Yet again.

Panama Papers: Obama, Clinton Pushed Trade Deal Amid Warnings It Would Make Money Laundering, Tax Evasion Worse (International Business Times)

Soon after taking office in 2009, Obama and his secretary of state — who is currently the Democratic presidential front-runner — began pushing for the passage of stalled free trade agreements (FTAs) with Panama, Colombia and South Korea that opponents said would make it more difficult to crack down on Panama’s very low income tax rate, banking secrecy laws and history of noncooperation with foreign partners.

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