Keller @ Large: No Outrage Over Offshore Tax Evasion, Money-Laundering?

BOSTON (CBS) - Here in Massachusetts the attorney general wants to regulate the daylights out of fantasy sports betting.

Other states want to ban it outright.

But what about the biggest bunko game in the world – the global offshore tax evasion and money-laundering industry? Beyond some blacklisting gestures that apparently have little impact, we don't seem to be quite as outraged.

As a citizen, you owe it to yourself to take 15 minutes and read at least the summary of the Panama Papers, a collaboration of over 100 news organizations working off a huge leak of documents from a major cog in the offshore machine.

They document the jaw-dropping amounts of money being funneled through banks and paper companies to, in some alleged cases, hide it from taxation, launder the blood off dirty money, and fund a range of bad guys from Mexican drug lords to Hezbollah to North Korea.

It's not that law enforcement is ignoring all this.

But the Panama Papers show all sorts of world leaders with a role in this greed-fest, including, my personal favorites, several of the leading political voices for offshore finance reform.

When the people pushing are also pocketing, the odds against a really hard push grow longer.

The fantasy sports business needs reasonable regulation, no doubt about it. But they are small potatoes compared to what the big boys have been up to.

And we need to start asking our honest politicians – what are you going to do about it?

Listen to Jon's commentary: