I don't want to sound insensitive, 3 thousand people is of course a tragedy, but on a scale of entire Earth I think it is preposterous for US citizens to get obsessed after this one when more kids are dying to malaria every single day or for multitude of other problems.
Looking from my point of view, it is that US rallies for some causes where it seems to suit US interests. There are so many countries that need help but in recent years whether a country gets US presence seems largely dependent on whether there is oil there and US is all too happy to turn their face away if the government of the oil-rich country is collaborating with US. This is a sore to many eyes and I just can't help to remember it whenever I hear of US trying to seem to be beneficiary in something.
This unfortunately adds fire to the trouble in the Middle East. If you are islamic radical it is extremely easy to recruit people by showing them factual, real, undeniable misbehavior of US. This lack of moral grounding is exactly the reason why actions by US do not bring expected effects. Local population treats US forces with resentment not because they are fundamentally anti-US but because they see US as a corrupt replacement for their current corrupt government.
A larger lesson is that you want somebody teach virtuous behavior you need to be able to show the virtue yourself or you are not going to achieve very much in terms of results.
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Also, my experience about downvotes is this kind of comment even if genuinely to show what's an example of sentiment outside of US, will typically get a lot of upvotes during US night time and then gets suddenly killed when US wakes up.
Just an interesting thing I noticed which, for me, validates the whole point that US doesn't like to acknowledge resentment it gets from most of the world and that US problems aren't actually the same as world problems regardless of how US would like to portray it.
Dude, from my point of view as an American citizen, I agree.
Heck, many US citizens don't seem to care that about the same number of people killed on 9/11 are dying every 2 days in the US from a virus that their leader continually downplays as he dithers about recommending quack "cures" that will somehow magically make up for his incompetence in handling said virus.
Edit: to be clear, I was not defending Trump. I've never supported him, although I'm not afflicted by this burning obsession with him so many have. I'd delete this comment if I could.
I was just confused about the fact that the user referred to "we" Americans a few comments ago, and now used the term "they". I thought it was some kind of trolling - someone taking on different personnages in different comments.
It honestly didn't occur to me that there would be a political reason for it, or I wouln't have bothered responding.
But death is just one aspect. The kids could be better educated and really, this doesn't cost as much as one would portray especially now with remote schooling when a single teacher can "service" a large number of kids with no need for physical presence. The technology is there, we just need a little push to make better use of it. Better educated populations tend to produce less violence and I like to think better future.
By the way, as you likely know, it's illegal now in your country to even mention the fact that Poles willingly participated in the Holocaust in such places (whereas I'm free to describe My Lai and Abu Ghraib).
Right now, the US has power, and often misuses it just like Poland has at times when it has had power. China often misuses its power. It's almost like there's something to do with power, abuse, and corruption.
> it is that US rallies for some causes where it seems to suit US interests
Let me introduce you to the concept of the nation-state.
> to get obsessed after this one when more kids are dying to malaria every single day or for multitude of other problems.
For the same reason as we treat murder victims differently than people who die from some tragic but preventable disease. Are those two on the same moral plane to you?
> validates the whole point that US doesn't like to acknowledge resentment it gets from most of the world
Interestingly, the US is up and awake, yet you have not been downvoted into grey, and many of the comments disagreeing with you have been. So you were wrong here.
Edit: To the folks downvoting because I mentioned downvotes, I respect and applaud your adherence to HN guidelines. But please be sure to downvote the parent comment for moral consistency, since he brought it up in the first place.
Do you know what happened in Jedwabne? That was not an organized nation state attack on its minority, it was pent up hate in the local population that was released with an aggreement of o Nazi occupation force because people felt they can do whatever they want and decided to act on their hatred.
For hundreds of years Poland did not govern its own territory and was split between neighbors who were not interested in resolving any of the growing problems between minorities and poles.
At the time of Jedwabne Poland as nation state did not exist, the government was truly symbolic, on emigration. Before II WW there was barely 20 years of Polish government during which time there was much other problems (ever heard of Russia invading Poland after WW1?) There was in fact a lot of racism towards Jews in that time but no organized efforts or pogroms. This only came after the government was removed and replaced by Nazi occupation.
If you compare it to current US situation, if the government stopped working completely, I am sure as hell there would be civil war between white and black population. Without damper from effective government there would be no more civility that was here during Nazi occupation.
Also, regardless,
one nation state abusing power is no excuse for another doing the same.
Resolving any kind of problem with a background of hostilities must start with ceasing of at least some of them. You can't keep escalating the conflict under pretense the other side did that in the past and call yourself peace force at the same time.
In my opinion much more damning than the actions of a government - not necessarily explicitly supported by the population.
Yes, I'm well aware. That's a perfect example of absolute power. The local populace were free to do as they wanted, with no constraints.
BTW, do you know what happened in Iraq? It was "pent-up anger" about 9/11, directed at the wrong people.
But as you say, none of this excuses Jedwabne or Iraq.
> At the time of Jedwabne Poland as nation state did not exist, the government was truly symbolic, on emigration. Before II WW there was barely 20 years of Polish government during which time there was much other problems (ever heard of Russia invading Poland after WW1?) There was in fact a lot of racism towards Jews in that time but no organized efforts or pogroms. This only came after the government was removed and replaced by Nazi occupation.
And I could come up with a bunch of excuses here for US behavior. BTW, claiming Poland was a "people" and not a "nation-state" is a complete cop-out for Poland's Holocaust atrocities.
> If you compare it to current US situation, if the government stopped working completely, I am sure as hell there would be civil war between white and black population.
No. Black US population is about 15%. It wouldn't be a civil war - it would be a massacre, which is why I and many others have been trying against all hope to calm down current tensions. I've worked in an "intersectional conflict zone" - I know what people can do to each other. It can absolutely happen in the US if we don't take care.
> one nation state abusing power is no excuse for another doing the same.
Yes, I totally agree.
BTW, I noticed you didn't address any of my other points.
Not in America.
> US rallies for some causes where it seems to suit US interests.
Yes, we act in support of national interests, like every country.
> There are so many countries that need help but in recent years whether a country gets US presence seems largely dependent on whether there is oil there and US is all too happy to turn their face away if the government of the oil-rich country is collaborating with US.
America is not out to save the world and this is a good thing. There is nothing worse than some outsider coming in to save the poor savages from their own evil selves. It’s not our job to pass judgement on others or to fix every problem in the world, unless it is in the national interest (even then I’d say the US has too many interests but that’s another issue).
> This unfortunately adds fire to the trouble in the Middle East. If you are islamic radical it is extremely easy to recruit people by showing them factual, real, undeniable misbehavior of US.
This is laughable. Compare The US to the regimes in that area in terms of “misbehavior”. America has nothing to be ashamed of there.
This is like saying it’s preposterous to get obsessed with kids dying from malaria when more people die from heart disease.
You can care about more than one thing.
Not surprising the one tragedy that happened in front of our faces on national television affected us a lot.
The tragedy is when somebody's life is cut short well before their natural end for reasons that could be easily fixed / avoided if we just applied ourselves better.
That is why heart disease and malaria are two entirely different things in my opinion. Heart disease happens mostly to older people who had their entire life to make right choices but were maybe, like me, too lazy to do it, while kids who die of malaria are basically completely innocent and had no saying or influence on their situation.
It also seems fighting malaria is much easier than fighting heart disease.
Now, I agree that we could and should do better to invest more into researching how we can make advanced age more satisfying to population of the earth and this means also learning how to help with heart problems en masse and not just to people who have enough funds to get adequate care and enough intelligence to prevent large portion of the risk in the first place.
Malaria is just one of the examples. I don't say we should put everything away and just focus on it. I would like that we identified where we could spend a relatively small portion of GDP to get a lot of good. Just imagine how much good could happen if entire world spent 5 times more money on health and health-related research than on military. Would you be willing to spend 10% of your income to get better health and longer when you are old? I would, for sure.
You mean ... like 9/11?
Singling out US and US citizens for this is wrong and unfair.
What I am talking about is a series of bad decisions with repercussions that should be predictable. I mean, if you constantly cheat and are dishonest with family you live with it is no surprise that at some point they will stop liking you? Don't act stupid repeating how good and fantastic you are. Don't blame the family for not liking you. If you want people to genuinely like you then start acting the part without strings attached and hidden interests.
>will typically get a lot of upvotes during US night time and then gets suddenly killed when US wakes up.
I don't know about the downvotes, but you're presenting a false equivalency that doesn't make any sense and is kind of insulting to me as an American. Specifically about Malaria, which a US president has created a program to address https://www.usaid.gov/global-health/health-areas/malaria. America sends billions of dollars worth of aid and supplies around the world every year. But to hear Europeans talk about it, the only thing America does is cause problems for them with our imperialism.
Sometimes I wish America would just listen to Europe and let them fend for themselves. Let their navies handle global piracy and securing global shipping lanes for their interests. Let their armies deal with Russian and Chinese saber rattling and the effect that will have on trade. Sometimes I wish I could go back and tell the government to let European militaries spend their own money to launch and maintain GPS systems that the entire western world has been given and using for the past 40 years, paid for by American taxpayers.
>A larger lesson is that you want somebody teach virtuous behavior you need to be able to show the virtue yourself or you are not going to achieve very much in terms of results.
Very ironic, since you're doing the same thing to America / Americans. What part of you and your society is so virtuous that you feel the need to give America a lesson on how to be virtuous?
Would bad things happen? Of course! Different bad things than happen now, perhaps. Then again, maybe a lot of the same bad things. Would good things happen? Who could doubt it? How absurd to think that everything is better if controlled by the US.
And, as a USian, I'm willing to accept lessons on virtue from any corner. When you reach a point that you think nobody has anything to teach you, you're cooked. Virtue lives everywhere in the world. Seek it out. Foster it. Let it foster you. Virtue cannot be monopolized.
If that's the case, prepare to accept lessons from phony, hypocritical people, because in my experience those are the ones most eager to hand out lessons on virtue to all comers.
> When you reach a point that you think nobody has anything to teach you, you're cooked
Learning new knowledge is an entirely different dish than moral teachings. I'm 100% willing to admit it when I'm wrong and learn new facts and perspectives from all people, even folks that I have fundamental disagreements with.
But I'm also very unlikely to accept any kind of teachings on "virtue" from such people. I find them generally to be not virtuous.
Actually virtual people tend to be more humble, and you have to seek out their input.
In the financial world, there definitely is. Because of how 9/11 was bankrolled, AML laws were severely tightened. Quoting the subject line of the relevant EU directive [1]:
"[...] prevention of the use of the financial system for the purposes of money laundering or terrorist financing"
Which is the point that the grandparent was getting to.
Edit: To be more specific, in today's financial world, technically, shell companies should be pointless because any bank transacting with such a company is required to know the beneficial owner, ie the natural person ultimately behind that company (no matter how many layers).
[1] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELE...
It's also pretty easy to buy a passport and create a fake identity.
And not that much harder to create nominee directors who will never be vetted. And/or to create "legitimate" businesses with interests in art, property, and other high-value items - including in-game currencies - which can be used to transfer assets in creative ways.
https://www.wired.co.uk/article/money-laundering-hmrc-tax-up...
And if you've been following the history of Wirecard you'll understand how easy it is to create a legitimate cover story for what appear to have been some rather less legitimate background operations.
https://www.bellingcat.com/news/uk-and-europe/2020/07/18/wor...
And even if you go with a traditional bank, KYC is mostly box ticking. And some of the biggest banks have been directly implicated in money laundering, AML laws and all.
https://www.marketwatch.com/story/netflix-documentary-re-exa...
An eight figure net worth is not even close when it comes to considering starting an own bank.
Furthermore, offshore today means just one thing: "red flag". Because of AML rules, the list of Non-Cooperative Countries or Territories [1], and FATCA/CRS reporting, the only people still going through the hassle of using offshore to hide something are people who really want to hide something -- hence the red flag.
Finally, banks don't exist by themselves. They need other banks to partner and transaction with. For example: say you are a bank in the British Virgin Islands. Now try to buy stock on the NYSE. For that, you need a bank with access, and no bank with access would partner with some shady outfit.
> And if you've been following the history of Wirecard
Wirecard is a scandal beyond comparison. It is unfathomable to me how this could have gone on so long.
To contrast that, working for a bank myself, I was involved in numerous audits by financial regulators, and you wouldn't believe the level of detail they went into. Any flaw or inconsistency -- no matter how trivial, at what org level, or even across levels or topics -- was brought up.
But perhaps that was just coincidence, and we had the luck of being audited by most the diligent of auditors.
> And even if you go with a traditional bank, KYC is mostly box ticking.
Absolutely not true, at least not with the banks I'm familiar with (and our peer group services mainly high-net-worth clients).
Every single client can be subject of an AML audit. Any irregularity in a record will be construed as an overall failure of AML policies in the institution. You don't just "tick the boxes" with high-risk clients. Background checks happen. Plausibility checks happen.
> And some of the biggest banks have been directly implicated in money laundering, AML laws and all.
Laws cannot prevent crime, they can only deter crime. Yes, big banks are occasionally still involved in money laundering, but compare this to 20 years ago. The incentives are diminishing.
Swiss, Czech bearer instrument companies were a thing pretty recently. Cypriot trusts were a thing just a few years ago (maybe still are?). Or do you define offshore as only those weird and incomprehensible third world countries half a world away? I'm pretty sure people thought the lists were meaningful in 2013, too, and yet they have grown since then -- and the structures used to get around them have changed as well.
The whole subthread is somewhat meaningless in the context of the article, though, because it would be ridiculous to expect Lebanon to have the same level of insight into company ownership as say, Austria, Germany, or the US.
> the only people still going through the hassle of using offshore to hide something are people who really want to hide something -- hence the red flag.
Offshore means tax optimization, and anonymous companies may be nothing more than an attempt at keeping competition from guessing your game plan. E.g. real estate investors. I suppose those might be red flags in countries with funny ideas about taxation (the US, parts of Europe).
> Wirecard is a scandal beyond comparison. It is unfathomable to me how this could have gone on so long.
I take it you haven't heard about the HSBC's drug cartel money laundering? From the perspective of a small business, stuff like that makes KYC/AML look like unneeded and annoying security theatre.
> Swiss, Czech bearer instrument companies were a thing pretty recently. Cypriot trusts were a thing just a few years ago (maybe still are?).
Not sure about the bearer instrument part (especially with the Czech Republic being subject to EU rules), but I'm quite familiar with the Cypriot trusts, and (1) banks must know their Beneficial Owners and (2) those BOs do get reported to their home countries with FATCA resp. CRS reporting.
And of course, you're right -- there are still ways to get around them. But those ways have become increasingly difficult, to the point where many banks simply don't bother with that business segment anymore because the headaches outweigh the potential profits. Getting past a red flag, while operating legally is not impossible, but why bother.
> The whole subthread is somewhat meaningless in the context of the article, though, because it would be ridiculous to expect Lebanon to have the same level of insight into company ownership as say, Austria, Germany, or the US.
That's a fair argument. I have to admit that I interpreted the question more in the sense that someone (not necessarily Lebanon) should have this information.
> Offshore means tax optimization, and anonymous companies may be nothing more than an attempt at keeping competition from guessing your game plan. E.g. real estate investors. I suppose those might be red flags in countries with funny ideas about taxation (the US, parts of Europe).
Hiding something from the competition, or other nosy parties, is my best guess as well. There are legitimate ways of optimizing taxes, but it's become increasingly difficult to hide assets from your home government. (The running joke is that the United States is the last tax haven, as it's the only country not to share information with other countries.)
> I take it you haven't heard about the HSBC's drug cartel money laundering? From the perspective of a small business, stuff like that makes KYC/AML look like unneeded and annoying security theatre.
I'm familiar with that one, and many others. Wirecard in my opinion still stands by far because there were credible reports of malfeasance going back years, and BaFin went after the reporters instead.
As I said earlier, these laws can't prevent crime, they can only deter it. You're still going to have bad actors, at many possible levels (even at the C-level, as we saw with Wirecard).
It's just become increasingly difficult, with diminishing payoffs. Coming back to the original statement I was challenging: doing shady stuff post-9/11 was far more difficult than pre-9/11, and it's become even more difficult since (although admittedly, the recent development is motivated by taxation).
there are many credit unions with < $1 million in assets.
You're right, the amount is much lower than that. Source: know a group that bought a bank.
But then you own a bank, and have to be in full regulatory compliance, which today is an immense burden. You need an officer for this, a responsible person for that, you need risk management, accounting, etc.
My argument is that nobody with 8 figures net worth would put up with that hassle just to hide an investment (because you can do that with comparatively less hassle by other means), but if someone is willing to actually operate that bank, why not.
What does 9/11 got to do with it?
The Wikipedia page on money laundering [2] details the consequences of 9/11 on regulation quite well. The keyword there is the "Financial Action Task Force", whose recommendations the EU directive aimed to implement.
[1] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:32...
Think the direct impact on allied countries who had to send troops to Afganistan. Think airtravel security (theatre). Think financial regulation. Darn.. think the following Middle East interventions by Western Allies. You could say that Syrian civil war today with millions of refugees had direct impact of 911 and subsequent western (and not so western) intervention in Middle East.
Actually for the Western and Western-allied world this is wrong. 9/11 marked the begin of the dismantling of citizen rights in too many countries - from such relatively harmless things as stricter rules on flights and mandatory body searches to justifications for nation-scale espionage or, with the Brits, even allowing the government to lock people up for not revealing passwords.
Germany hasn't - we've had much worse terror attacks in the years before 9-11. I'll just mention the Oktoberfest attack or the attack on the munich olympic games. In terms of collective scare, the RAF (Rote Armee Fraktion) far eclipses any terror risk after 9-11. Even today, more people get killed by Nazi supporters than other terrorists.
We still have put a lot of restrictive measures in place, but it's more that 9-11 and terrorism act as a convenient leverage to impose those measures and not the actual danger.
I mean 9/11 did prompt NATO's article 5 to get invoked. 9/11, Article 5, & the ensuing war certainly changed the landscape for North America and Europe. Other world powers like China took notice as a result.
Don't forget the heightened fears around that time, which were stoked by the 2004 Madrid & 2005 London train bombings.
So although post 9/11 is often viewed as US centric, it undoubtedly affected much of Europe, and it's ripples were felt throughout much of the developed world. While many nations might not have 9/11 in the forefront of their minds, like Americans do, they probably have had their foreign/domestic policy influenced as a result of 9/11's side effects & view the threat of terrorism very differently to a pre 9/11 world.
Are you aware that any major national event that has a large impact on one of the world's greatest powers will have fallout that affects the rest of the world?
I'd think after debacles like Iraq, that should be obvious.
The 9/11 world is very obvious in Iraq, Afghanistan, Syria.
If that's the case, then I believe you're mistaken. This incident would be a good catalyst for any (90% or 10%) country to ensure their ports are more secure.
(I'm aware of the breathlessness of the comment, and I was going to edit it tone it down a bit, but people had already started replying - I'll stand by it as-is.)