Analysis & Investigation

A painting of Barack Obama on his presidential campaign will catch your eye, if you walk past The Air Gallery at 32 Dover Street, London at the moment. One of the jobs of art has always been to make a comment on current affairs and politics, which this painting does well. The painting is optimistic and draws a line between now and the previous eight years of world history.

The painting of Barack Obama is by the artist Peter Goodfellow and is part of an exhibition of his work, which runs until 16th May 2009. Other paintings in the exhibition concentrate on the themes of ‘3 Passions: Bull Fighting, Landscapes, Football’. Peter Goodfellow has come down from Scotland personally, to organize this exhibion and welcome visitors to it.

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When the British Prime Minister, Gordon Brown, visited the United States in March of this year and addressed Congress, he said: “And you are also restructuring your banks. So are we. But how much safer would everybody’s savings be if the whole world finally came together to outlaw shadow banking systems and offshore tax havens?”

These words were a passing recognition of the role that offshore financial centers have played in the present global economic crisis. Up until now it has been too easy for wealthy companies and individuals to take millions of pounds, dollars, euros or any other currency made in one country and deposit them without any questions being asked in a tax haven where there is little scrutiny or regulation.

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