chaired by Howard Flight, MP, Shadow U.K. Treasury
Secretary
on
New Challenges to the U.S. Economy
to be held on 25 August 2001, 2 p.m
at Chancellor's Hall, Senate House, University of
London
Agenda (provisional)
- Welcome Address by Professor Barry A.K.
Rider (Director, Cambridge Symposium on Economic Crime)
- the Organization
for Economic Cooperation and Development OECD, its background,
original intent, Statute and current orientation
- Background, Implications and Outlook
of the G-7/OECD Financial Action Task
Force FATF
- A European banker talks numbers, looks
at how OECD, FATF and other initiatives affect foreign capital flows into
US economy
- Conclusions, focussing on opportunities
for U.S. lawmakers to make sure the OECD and other initiatives will not
jeopardize US tax reform
- Reception, Dinner,
Theater Performance
Organizational details (subject to approval by the congressional
ethics committees)
- this invitation is extended to
you in response to your publicly voiced concerns about tax competition,
fiscal sovereignty and wealth privacy
- this invitation includes business
class airfares (U.S.-Europe-U.S.) and three days hotel accomodation for
you, your wife and a key staffer
- the expenses incurred by this
meeting are exclusively paid for by U.S. and European banks
- if you wish to attend this private
meeting, please confirm as soon as possible by fax 01144-1223
339 407 or e-mail t.paradise@jesus.cam.ac.ukto
Tracy Paradise, The Secretary, Society for Advanced Legal Studies, London,
indicating how you wish to be contacted for accomodating your travel itinery
INVITATION
you are cordially invited
- including business class airfare USA-Europe-USA and 3 days hotel
accommodation* -
to a private one-day introductory session
for Members of the U.S. Congress
(to be held on 25 August 2001 at Chancellor's Hall, Senate House,
University of London)
to The Cambridge Symposium on Economic Crime
(which overlaps the congressional work as its 19th
edition will be held from 9-16 September 2001
at Jesus College, Cambridge University; see program at http://crimesymposium.jesus.cam.ac.uk)
with an illustrative focus on
HAS THE OECD BEEN HIJACKED?
From pro-market to anti-competition, anti-sovereignty
and anti-privacy tool - and back
hosted by the Institute of Advanced Legal Studies,
University
of London
under the direction of Professor Barry A.K. Rider and Tracy
Paradise,
chaired by The Hon Howard Flight, MP, Shadow Economic Secretary
to HM Treasury
Agenda (provisional)
- Lunch, Welcome Address
- Introduction to the Cambridge Symposium
on Economic Crime (on-line access planned at U.S. Congress site)
- the Organization
for Economic Cooperation and Development OECD, its background,
original intent, Statute and current orientation
- Background, Implications and Outlook
of the G-7/OECD Financial Action Task
Force FATF
- A European banker talks numbers, looks
at how OECD and other initiatives might undercut US tax reform
- Conclusions, focussing on how OECD,
FATF and other initiatives affect foreign capital flows into US economy
- Reception, Dinner,
Theater Performance
Talking Points
- What were economic crimes
in socialist countries are often seen as indispensable market functions
in the West
- The OECD
has been set up to promote and strengthen, and not to undercut market
functions; reflecting a trend towards international
bureaucratic lawmaking operating outside the control of constitutional
lawmakers, OECD's secretive Fiscal Committee and Working
Group #8 on Tax Avoidance and Evasion have produced ill-considered
recommendations, guidelines and conventions which depart from time-tested
fiscal and other fundamental principles, may thus damage national interests
and eventually provoke groundswells of betrayed taxpayers and side-lined
lawmakers who have been concerned about fiscal sovereignty, tax competition
and financial privacy
- Tax
avoidance is not only not a crime but a - if not the
- key function in any market economy worth its name; as such
it is not only a right but an obligation of each enterprising
citizen, and an international organization engaged in "combating
tax avoidance" (official mandate of the OECD Fiscal Committee)
cannot fail to gravely undermine key fiscal principles and the very market
system it was set up to serve
- The INTERFIPOL, ie the 1987 OECD
Convention on Mutual Administrative Assistance in Tax Matters which
provides for an Orwellian global tax data exchange and gave rise
to the G-7/OECD Financial
Action Task Force (FATF),
was developed and, in 1995,
stealthily pushed into force under the leadership of U.S. Treasury officials
- For those who might have forgotten:
the
Berlin Wall fell in our direction - not eastwards!
- The easier and cheaper, yet Big
Brother pursuit of the money trail is no substitute for genuine,
solid police work
- The pursuit of genuine crime -
ie murder, terrorism, hostage-taking, etc. - is not helped but undercut
by spreading scarce police resources over ever more socially questionable
and often made-believe crimes
- Ignoring the lessons from both
the
Prohibition Era and the Soviet Era, using drug abuse
as
justification and pretexts for ever more intrusive constraints of individual
freedoms, market functions and sovereignty rights, the OECD, its INTERFIPOL
and its international police arm, the FATF,
need to be reviewed by the constitutional lawmakers of member countries
with a view to bring them back in line with OECD’s original intent and
purpose and its statutory obligations - if need be with the congressional
power of the purse!
R.S.V.P. - as soon as possible
to: Tracy Paradise, Symposium Manager, London, tel: 01144-20
7862 5760
01144-1223 339 426 (from August 15th onward), fax: 01144-1223 339 407
e: t.paradise@jesus.cam.ac.uk
web: http://crimesymposium.jesus.cam.ac.uk
* for assistance, travel itinery and issuance of
tickets and vouchers, please ask for Anton at:
tel + fax: 0114122-7400362, e:
swissbit@solami.com