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Friday, July 10, 2009
Celebrate Bahamas' Independence Day while you can; it’s quickly losing its sovereignty to the OECD
Peter Kent, Minister of State of Foreign Affairs (Americas), today issued the following statement congratulating the people of the Bahamas as they celebrate their country’s Independence Day:
“Canada congratulates the Bahamian people as they mark the 36th anniversary of their country’s independence. Canada and the Bahamas enjoy a long-standing and warm relationship, built on a shared Commonwealth history, important commercial links and strong people-to-people ties.
“The Bahamian people are proud of their vibrant and diverse cultural history and the Bahamian diaspora has made a valuable contribution to Canada’s economic and cultural development. Bahamian students have been instrumental in the success of Canadian academic initiatives such as the Canada-CARICOM Leadership Scholarship Program. We hope this academic partnership will be enhanced by Bahamian participation in the new Emerging Leaders in the Americas Scholarship Program.
“Canada is proud to count the Bahamas as a friend and an important partner in the Americas. We value our countries’ close ties and hope to build upon them as we continue to develop our mutually beneficial relationship with the entire Caribbean region.”
Given the pressure coming from the Organization for Economic Cooperation and Development (OECD) to shut down tax- and privacy-friendly off-shore banking jurisdictions, Bahamas’ independence is in increasing jeopardy.
In a breaking story today, Singapore has succumb to OECD pressure to fully implement global standards aimed at eliminating tax havens. The country has agreed to sign a treaty with France allowing the exchange of private and personal information on taxpayers. Like the Bahamas, Singapore is on the OECD black list for its banking privacy policies.
I hate to spoil a good Independence Day party, but how much longer until the Bahamas cedes its sovereignty to this international pressure?
Posted by Matthew Johnston
Posted by Western Standard on July 10, 2009 | Permalink
Comments
I hate to sound like a conspiracy theorist but it seems like the world governance agenda is marching forward with great haste thanks in large part to the US Community Organizer in Chief. Despite his domestic failures, there was something to be said for US unilateralism of the last administration.
But Matthew, why would anyone care about liberty backsliding into serfdom when Michael Jackson's funeral is finally over but his estate is not settled and there is another photo of Brittany's private parts on the web and.....?
Posted by: John Chittick | 2009-07-10 10:52:56 AM
The OECD is nothing more than the Mafia representing thugs who think they are entitled to everyone's money. The Americans are the key players in the OECD and always trot out the canard of money laundering to justify the theft. So the march towards a one world big brother government continues.
Posted by: Alain | 2009-07-10 10:59:43 AM
Can you point me to that Brittany picture, John. :-)
Posted by: Matthew Johnston | 2009-07-10 12:04:18 PM
Alain, all I can add to that (perfect) statement is a quote from an old TV show.
"You will assimilate"
The Borg
Posted by: The original JC | 2009-07-10 2:58:35 PM
Long live Big Brother. Welcome to the future, Comrade.
Posted by: Doug Gilchrist | 2009-07-10 3:40:23 PM
From what I've read the Bahamas already cooperates with the IRS and Canada Revenue (or whatever they're called this week). If you want banking privacy go with an eastern European country.
Posted by: Sam T | 2009-07-11 8:30:58 AM
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