Thieves

The front page of the UK based newspaper, the Observer, splashes a report from from the Tax Justice Network compiled for them by James Henry. He was the former chief economist at the McKinsey consultancy. He is described by the Observer as 'a tax expert.' It would be worth simply sticking in the whole article for anybody who does not have access to the paper. But the headline says it all.

"£13 trillion: hoard hidden from taxman by global elite."

Apparently Henry has discovered that about £6.2 trillion of this stash (which might be as high as £20 Trillion) is owned by some 92 000 people.

The paper rightly denounces the lies about trickle down. (This pile has been growing fast - while the rest of us get poorer.) Even the TUC gets in on the act (although Brendon does not take the opportunity to mention his own march on October 20.) And, of course, there are many things to be said - and done about the evidence of this latest crime against humanity.

Because that is what it is. That loot represents the labour of millions. What would a sane world do with it? Prevent the third of the world going hungry tonight like they did last night? Repudiate all developing countries' debts? Establish a solar centre across North Africa to fuel the globe? What would the people of the world decide? Lets take our money back from the thieves, put them in jail and have a discussion and a vote about it.