The Panama Papers | Sincere News

Panama Papers 3

A massive leak of documents exposes the offshore holdings of 12 current and former world leaders and reveals how associates of Russian President Vladimir Putin secretly shuffled as much as $2 billion through banks and shadow companies.

The leak also provides details of the hidden financial dealings of 128 more politicians and public officials around the world.

The cache of 11.5 million records shows how a global industry of law firms and big banks sells financial secrecy to politicians, fraudsters and drug traffickers as well as billionaires, celebrities and sports stars.


“These findings show how deeply ingrained harmful practices and criminality are in the offshore world,” said Gabriel Zucman, an economist at the University of California, Berkeley and author of “The Hidden Wealth of Nations: The Scourge of Tax Havens.” Zucman, who was briefed on the media partners’ investigation, said the release of the leaked documents should prompt governments to seek “concrete sanctions” against jurisdictions and institutions that peddle offshore secrecy.

Sincere 6 | Reasons Ronald Reagan Was a Terrible President



An important element of the trickle down effect is with regard to income tax cuts for the rich. It is argued that cutting income tax for the rich will not just benefit high-earners, but also everyone. The argument is as follows:

  1. If high income earners see an increase in disposable income, they will increase their spending and this creates additional demand in the economy. This higher level of aggregate demand creates jobs and higher wages for all workers.

  2. Alternatively, increased profits for firms may be reinvested into expanding output. This again leads to higher growth, wages and incomes for all.

  3. Lower income taxes increase the incentive to for people to work leading to higher productivity and economic growth.

Reagan’s Welfare Queen 

It is a known fact that there are more White people on welfare than Black people. Though the percentage of Black people on welfare is larger, the lion’s share of government funds goes to White America — both corporate and personal.

Now, that we know that the face of the most infamous ‘welfare queen’ in the nation is White, maybe the racial narrative will finally begin to change.

Ronald Reagan’s War on Drugs

The presidency of Ronald Reagan marked the start of a long period of skyrocketing rates of incarceration, largely thanks to his unprecedented expansion of the drug war. The number of people behind bars for nonviolent drug law offenses increased from 50,000 in 1980 to over 400,000 by 1997.

Public concern about illicit drug use built throughout the 1980s, largely due to media portrayals of people addicted to the smoke-able form of cocaine dubbed “crack.” Soon after Ronald Reagan took office in 1981, his wife, Nancy Reagan, began a highly-publicized anti-drug campaign, coining the slogan “Just Say No.” This set the stage for the zero tolerance policies implemented in the mid-to-late 1980s. Los Angeles Police Chief Daryl Gates, who believed that “casual drug users should be taken out and shot,” founded the DARE drug education program, which was quickly adopted nationwide despite the lack of evidence of its effectiveness. The increasingly harsh drug policies also blocked the expansion of syringe access programs and other harm reduction policies to reduce the rapid spread of HIV/AIDS.

Ronald Reagan’s Neglect of the AIDS Epidemic

I’ve never met Larry Kramer, but he and I have something in common: In the 1980s, we found Gary Bauer maddeningly obtuse on the question of whether Ronald Reagan should speak to Americans about the AIDS epidemic.

I was a reporter in the San Jose Mercury News Washington bureau covering the federal response to the epidemic. Bauer was a Reagan administration official aligned with other social conservatives resistant to having the president play a visible role on AIDS. Kramer was, and remains, a prominent gay rights activist.

In early 1987, after Bauer became chief White House domestic policy adviser, prominent voices in the medical community were calling for Reagan to deliver a major address about the crisis. Why have a “Great Communicator” in office, they said, if he won’t communicate the message that safe sex is a matter of life-or-death?

Ronald Reagan Arms Soon to Be Terrorist Group

As the public debates some of the more controversial ways the US deals with foreign policy and safety, it’s prudent to remember some of the less than fruitful foreign policy items where America invested its time and money.

This photograph is from 1983, when Reagan and the CIA were dancing around the idea of arming Mujahadin fighters in order to fight back against Soviet incursion in Afghanistan. The result was awell-armed, well-trained group of jihadis who resisted (some say defeated) the onslaught of superior Soviet weaponry.

Ronald Reagan’s Expansion of the Federal Budget 

No federal budget — at least, perhaps, since Calvin Coolidge — has been good news. But President Reagan’s budget for 1983 is the most provocative in living memory, and it has inspired more than the usual criticism. The criticism has about it an air of desperation, as if the deficits and the depredations will have irreversible effects on the economy, and, beyond that, on society and the future of governance in this country.

The administration now projects overall federal spending of $762 billion for 1983, $803 billion for 1984, and, at this writing, admits deficits of $102 billion and $94 billion respectively. Others, including the Congressional Budget Office, say the spending will be almost 10% higher and the deficits will be half again as high. The precise figures do not matter. In any case, they are elusive and subject to almost daily adjustments. The point is the magnitude of the nation’s insolvency, and the factors that are causing it.

Among the notable features of the Reagan 1983 budget, the most egregious is the vast increase in defense spending.


Wesley Brown: Civil Engineer Corps

He had to endure a lot of hate and violence in order to receive his engineering degree.

Brown graduated in 1949 with an engineering degree, and was assigned to the Navy Civil Engineering Services Department.  He served 20 years in the Navy’s Civil Engineer Corps where he built houses in Hawaii, roads in Liberia, wharves in the Philippines, a nuclear power plant in Antarctica and a desalination plant in Cuba. He rose to the rank of lieutenant commander and retired in 1969.

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Jan Ernst Matzeliger: Shoe Lasting Machine


Matzeliger set out to find a solution to the problems he discerned in the shoemaking process. He thought there had to be a way to develop an automatic method for lasting shoes. He began coming up with designs for machines that could do the job. After experimenting with several models, he applied for a patent on a “lasting machine.”

On March 20, 1883, Matzeliger received patent number 274,207 for his machine. The mechanism held a shoe on a last, pulled the leather down around the heel, set and drove in the nails, and then discharged the completed shoe. It had the capacity to produce 700 pairs of shoes a day—more than 10 times the amount typically produced by human hands.

Torture In Chicago



Exclusive: Secret interrogation facility reveals aspects of war on terror in US
‘They disappeared us’: protester details 17-hour shackling without basic rights
Accounts describe police brutality, missing 15-year-old and one man’s death
Latest: Follow the Guardian’s investigation into Chicago’s Homan Square…

One of the people held at the Chicago police’s notorious “black site” at Homan Square claims the officers sexually abused him into agreeing to participate in a drug sting. Security footage from the facility shows the man was indeed held there.…

The Guardian has uncovered arrest records revealing that 82% of the more than 3,500 Americans detained at a secret police facility in Chicago over the past decade were black.

About 8.5% of those held at the site were white. According to the 2010 census, Chicago’s population is 32% non-Hispanic white, 33% black, and 29% Hispanic (of which 13.5% identify as racially white).…

Inventor James West and Gerhard M. Sessler: Modern Microphone

Black Teen Unlawfully Detained: Banking While Black

Some conservatives are attempting to paint Black Lives Matter as a war on cops, when we really have a war on Black youth. This is why I love the fact more and more Black Americans are starting not to care about what society thinks Black people should do when it comes to race. We are building strong coalitions to defeat systemic racism, while trying to fortify our own communities; of course Fox news and others would paint a different picture. They live in a bubble, which is why I don’t waste my time with people living in those bubbles any further; do you want the truth? Pop that bubble you are living in and enter the real world. Do research about the past and current plight of Black Americans, then we can talk. Outside of my community, I wouldn’t waste an ounce of my knowledge on someone who can’t take the time to do research on this important issue.

Climate Change: Not a Hoax

Climate Change

Climate change is a change in the statistical distribution of weather patterns when that change lasts for an extended period of time (i.e., decades to millions of years).

The Earth’s climate has changed throughout history. Just in the last 650,000 years there have been seven cycles of glacial advance and retreat, with the abrupt end of the last ice age about 7,000 years ago marking the beginning of the modern climate era — and of human civilization. Most of these climate changes are attributed to very small variations in Earth’s orbit that change the amount of solar energy our planet receives.

Steven Scalise Majority Whip Leader


TYT Commentators: Women in the Military


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