Panama Papers Origins In Free Trade Agreement, US Names Could Emerge

As American names are on the cusp of appearing in the Panama Papers scandal and U.S. President Barack Obama derides “the wealthiest among us gaming the system” at a press conference, a new report points to a 2011 trade agreement that enabled wealthy citizens in tax avoidance. Panama Papers show the problem with “free trade” deals has nothing to do with “free trade” The problem many free market capitalists have with “free trade” agreements isn’t the free trade, but the questionable provisions surrounding these often lightly disclosed boondoggles that only benefit global corporations or “the wealthiest among us.” In 2009, when a…