Showing posts with label money-laundering. Show all posts
Showing posts with label money-laundering. Show all posts

Tuesday, February 23, 2010

That's another mess ...

One day I shall be able to say that I knew Dan Mitchell of Cato Institute and the Freedom and Prosperity Center before he became a big movie star. Well, a big YouTube star. Don't tell anyone but he is still speaking to me.

Anyway, here he is telling the world about yet another mess governments across the world have created and we, in Britain and in the European Union, have been suffering from this piece of idiocy for some time: legislation against money laundering. Or so they say. Actually, it is legislation to make it difficult for grandparents to open nest-egg accounts for their children and to allow the real baddies to escape scot-free. That phrase is particularly apposite in this case.

So, over to you, Dr Mitchell: