Do you want the Obama administration sharing all of your financial information with the Russian, Chinese and Saudi Arabian governments? You may be thinking, not even President Obama would go that far. Not so, read on.

This past week, the Organization for Economic Cooperation and Development (OECD) released its full proposal for a global standard for the automatic exchange of financial information. The rationale behind this despicable idea is to more effectively enable governments, such as that of France and the United States, to identify tax evaders.

This might sound like a good idea until one realizes that every individual and business will be stripped of all of their financial privacy if this becomes the law of the land - and it is very close to being just that.

Under the OECD proposal, all of the information that financial institutions now report to the U.S. government to try to ensure income-tax compliance, including your account balances, interest, dividends, proceeds from the sale of financial assets - would be shared with foreign governments.

The United States and other governments will, of course, claim that your sensitive financial information will remain confidential - and that you can trust the governments.

It is bad enough when American officials leak or misuse sensitive financial information about U.S. citizens and businesses, but just think what is going to happen when all of those corrupt officials in foreign governments get ahold of it.

Okay, it's time for a fun story.  It is, of course, not fun when someone passes, as Kitty Carlisle did last week (4/17) at age 96.  But it prompts me to reveal how I met her, as it was pretty hilarious.

She was a Broadway and Hollywood actress, but she became a household name as a panelist on the TV show To Tell The Truth, which first aired in 1956.  It was three years later, at age 15, that I was a guest on the show.

You know the setup.  Three contestants, each claiming to be the same person;  four panelists interrogating them and guessing who's real.  Each wrong guess was worth $250.  When I met my two impostors before the show, I asked them:

"Isn't the object of this game to fool the panel, fool all the panelists so we can win the most money, which is $250 times four or $1000?" I asked.  "So what would be the best way to do this?  I think it would be by my pretending to be dumb.  I have to tell the truth, the rules are that I can't lie, but I can pretend to stumble and be unsure.  You guys act confidant. If all the panelists fall for it, we get all the dough."

They both thought this was a great idea.

The Obama administration is arguably the most corrupt administration in U.S. history.

Corruption destroys civil society and economic growth by undermining the rule of law and protection of private property. Corruption takes many forms, from the simple payment to a government official for a favor, to the failure of government employees to do what they are paid to do, to gross abuse of power.

Eric Holder's  "Justice" Department is involved in a $100 billion shakedown racket against the big banks. It has been able to greatly expand its budget outside the legislative process by obtaining financial "settlements" from the private sector, through threats, intimidation and asset forfeiture.

This is corruption on a massive scale. The real question should be: Why is Mr. Holder not in jail?

If regulatory agency officials are not doing what they are legally required to do, why are they not in jail?

Those in government who waste or misspend funds for which they have a fiduciary responsibility are stealing from their employer - the American taxpayer. Why are they not in jail?