Socialism for the rich and capitalism for the poor

The neo-liberals and their cronies in governments have deregulated the markets, giving huge handouts to a few, creating a true socialism for the 1% by privatising their profits (earned and un-earned); whilst giving a true capitalism to the 99% by socialising costs and losses and punishing them with immoral cut-backs and austerity.

See below, how the servants of the 1% reward them:

Leaks reveal secrets of the rich who hide cash offshore

“Millions of internal records have leaked from Britain's offshore financial industry, exposing for the first time the identities of thousands of holders of anonymous wealth from around the world, from presidents to plutocrats, the daughter of a notorious dictator and a British millionaire accused of concealing assets from his ex-wife.

The leak of 2m emails and other documents, mainly from the offshore haven of the British Virgin Islands (BVI), has the potential to cause a seismic shock worldwide to the booming offshore trade, with a former chief economist at McKinsey estimating that wealthy individuals may have as much as $32tn (£21tn) stashed in overseas havens.”…

Leaks reveal secrets of the rich who hide cash offshore

http://www.guardian.co.uk/uk/2013/apr/03/offshore-secrets-offshore-tax-haven/print