From fantasticword. Twitter feed and thread from David Sirota @davidsirota
Long Story Short
A huge scandal over offshore tax havens has just exploded, so expect the five remaining presidential hopefuls to answer some questions that will leave some of the squirming. Probably no one will squirm more so than Hillary Clinton — and no one will benefit more than her rival Bernie Sanders.
When you think of the term “global elite,” few names spring to mind more readily than Bill and Hillary Clinton. And while the former and perhaps future First Couple have had a pretty good run despite some spectacular ups and downs, the Panama Papers scandal may permanently dash their hopes of moving back into the White House.
The leak of 2.6 terabytes worth of data from a Panamanian law firm that specializes in facilitating tax dodging by rich people around the world is going to lead to some very uncomfortable questions for some world leaders (it already has, in Iceland’s case). That could include Hillary Clinton, one of the most insider-y of all Beltway insiders.
Sanders has regularly railed against Clinton’s coziness with some of the most morally questionable financial companies out there, notably Goldman Sachs.
As Clinton pushed Panama deal amid warnings, Sanders opposed it citing tax haven/secrecy http://www.sanders.senate.gov/newsroom/press-releases/senate-speech-by-sen-bernie-sanders-on-unfettered-free-trade …
So when Sanders tells his throngs of adoring fans that the system is designed to favor a small, wealthy circle, the Panama Papers appear to back him up. And while neither Clinton nor any of her friends have been linked to any mischief, yet, there is no denying that she is part of that same elite that benefits from devious offshore tax havens.
And Bernie so clearly is not. His hands appear clean, and that is a huge part of his appeal to a generation that feels the odds have been deliberately stacked against them for the gain of others. The longer this scandal is kept alive, the better it is for the Sanders campaign.
With the Wisconsin primaries set for Tuesday, his campaign can use the help. He holds a slight lead over Clinton, but some observers, including the New York Times, appear ready to eulogize it already, in face of what they say are near mathematically impossible odds of securing the delegates needed for the nomination.
But If Sanders can hammer the point that Clinton belongs to that demographic, an enraged and powerless electorate can swing even further against her, and line up firmly behind him.
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