Things Are Good: What Will We Think of the Banks in Years to Come?

IN this TED talk, Michael Metcalfe wonders how will we look back on banks in the future. Will we think of the banks as an unethical industry that contributed greatly to climate change or as a tool that can be used to help the environment. Will we do whatever it takes to fight climate change? […]

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A Puff of Absurdity: The Panama Papers

From Woodward and Bernstein to Edward Snowden, breaking stories from the 5th Estate are always exciting. This one is the biggest story yet to blow open millions of files linking dirty money to high-powered officials.

After a leak of over 11 million documents compiled from the 1970s to today, and offered up to the Munich paper, Süddeutsche Zeitung, 350 journalists have taken about a year to read, assemble, research, and connect data through one corporation: Mossack Fonseca, a Panama law firm that’s helped elite clients to launder money, evade taxes, dodge sanctions…. It’s been guarding the data of the word’s most powerful people including 240,000 companies, sports organizations, and political leaders.

The first journalists got the ICIJ, Guardian, BBC, and Le Monde involved. They all met in Washington to figure out how to file through all the information and turn it into well researched, verifiable, and readable stories about undisclosed financial transactions, weapons, drugs and pedophilia rings, and offshore tax havens linked to war crimes and other illegal activity around the world.

The 10 minute video at this page explains their process they went through to begin to tell these stories.

But the video below gets at the heart of why the story is so important:

Take a look at “who did what and how”at the official Panama Papers website. Prepare to lose a few days reading through it all. It’s the kind of thing you always suspected, but now there’s proof of all the connections.

Like this one:

ETA: Here’s a good primer on Offshore investments and more on the Panama Papers. And Truthdig has more to say, including an Edward Snowden tweet: “Courage is contagious.” And the BBC has a Q&A.

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Things Are Good: A Way to Think About Digital Currency Replacing Cash

Bitcoin, Dogecoin, and other digital currencies are shaking up how the internet thinks about money. In turn, this has forced countries and large institutions to rethink how money works and who claims to have control over it. Perhaps it’s time for the decentralized blockchain-systems to replaced by a robot-controlled centrally-backed system. Or, at the very […]

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Things Are Good: It’s Not Environment Versus Economic Prosperity

Amazingly, there are people who think that environmental protection will cause economic calamity (bankers seem to be good at causing economic collapse all on their own). This old way of thinking still impacts policy and other decisions made around the world. In order to put this archaic notion away, the Cynthia and George Mitchell Foundation’s […]

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Things Are Good: Increase Your Happiness by Prioritizing Time Over Money

Modern capitalism as informed us that greed is good and we should only work for money. However, if your goal is to live life then working might not be the best use of your time. If you’re looking to be happy in your life then you should definitely value your time over how much money […]

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