Showing posts with label wachovia. Show all posts
Showing posts with label wachovia. Show all posts

Saturday, August 17, 2013

The Genocidal Results of the War on Drugs for Unimaginable Profits.

Many people think that genocide means the complete extermination of a race or people. The Genocide Convention, however, adopted by the General Assembly of the United Nations on December 9, 1948, defines genocide as not only “killing members of the group,” but also, “causing serious bodily or mental harm to members of the group.” Hence, from the results we've seen--only the tip of the iceberg--it can be ascertained that the "War on Drugs" is an international effort to destroy what the global power elites deem as "undesirable" elements.  If the poor person--usually of color--is not murdered, he's sent to prison on possession charges, therefore, ruined...his ability to make a living from that point on  rendered practically impossible.

The American War on Drugs, as well as the Mexican War on Drugs, and all other wars-on-drugs have been waged almost exclusively in poor communities of color--according to the justice department, white people are 5 times more likely to be found with drugs but black are 10 times more likely to go to jail-- even though people of all colors and economic status use and sell illegal drugs. Rather than eradicating drugs, the narco-economy has grown so powerful that human lives are often considered the price of doing business.

Nevertheless, we're led to believe that the evils that haunt the oppressed in America, and everywhere else, are the fault of the oppressed. Nothing can be further from the truth. If you dig deep enough--beyond the commercial media--you will find hard evidence that shows the governments of the U.S. and Europe, through various agencies, like that of intelligence agencies, no doubt, provide direct and indirect support for the drug cartels, not to mention other oppressive mechanisms (prison industrial complex). 

But the government(s) certainly put on a good show in an effort to act as if they're not part of this huge criminal enterprise. For instance, today, the US is supposedly outraged over the release, "from prison of Mexican drug lord Rafael Caro Quintero and vowed to continue efforts to bring to justice the man who ordered the killing of a U.S. Drug Enforcement Administration agent." However, the US government’s complicity in Caro Quintero’s narco-trafficking business, and, even in the Camarena’s gruesome murder, is ignored.

In 1985, Mexico’s intelligence service, the Federal Security Directorate, or DFS in its Spanish initials and the CIA were not only working in unison according to Charles Bowden who wrote the book, Down by the River: Drugs, Money, Murder, and Family , but were in league with Mexico’s narco-traffickers. The DFS was disbanded in 1985, and integrated into Mexico’s version of the CIA, called CISEN (Spanish initials). CISEN still works in unison with US agencies and officials, including the CIA.

Camarena brushes off Jordan’s alarm by noting that DFS is trained by the CIA and is functionally a unit in their mysterious work. And he says they are also functionally “the eyes and ears of the cartels.”
See 1991 letter from Gary Hart to U.S. Sen. John Kerry.
In March of 1983, Plumlee contacted my Denver Senate Office and met with Mr. Bill Holen of my Senate Staff. During the initial meeting, Mr. Plumlee raised certain allegations concerning U.S. foreign and military policy toward Nicaragua and the use of covert activities by U.S. Intelligence agencies.

… Mr. Plumlee also stated that Mexico, Costa Rica, Guatemala and El Salvador were providing U.S. military personnel access to secret landing field and various staging areas scattered throughout Central America.

He specifically cited the Mexican government’s direct knowledge of illegal arms shipments and narcotic smuggling activities that were taking place out of a civilian ranch in the Veracruz area which were under the control and sponsorship of Rafael Caro-Quintero and the Luis Jorge Ochoa branch of the Medellin Escobar Cartel.

… Mr. Plumlee raised several issues including that covert U.S. intelligence agencies were directly involved in the smuggling and distribution of drugs to raise funds for covert military operations against the government of Nicaragua. …
More recently, just last year HSBC Bank was caught red-handed laundering billions of dollars for multiple Mexican drug cartels. What happened? Eric Holder declined to prosecute. In fact, HSBC was let off the hook entirely until someone in the media caught wind of the story. In the end, HSBC settled for what amounted to a minor fine. Wachovia Bank, now Wells Fargo, is another recent example of an institution caught red handed laundering untold millions of drug profits. Once again, the tip of the iceberg because most of these illustrious institutions do not get caught.
Wachovia’s blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations,” as tens of thousands of Mexicans were killed in an exponentially violent drug war.
In a nutshell, no jail time for these organized criminals at the top of the food chain who brought down the world economy, only, secret bailouts, which Wells Fargo received, $159 Billion, in 2010, revealed when the Fed was partially audited and that was one of the smaller bailouts. If that doesn't tell you whose side the government's on, nothing will.

Visit the narcosphere. It reports real information about the drug wars.



Links:

Civil Rights Congress, We Charge Genocide:
  The Historic Petition to the United Nations for Relief From a Crime of The United States Government Against the Negro People (New York: Civil Rights Congress, 1951), pp xi-xiii, 3-10.

More Fast and Furious Guns Surface at Crimes in Mexico

Ex-Border Patrol Agents Warn: Politicians Helping Cartels in U.S.
Transnational criminal enterprises have annually invested millions of dollars to create and staff international drug and human smuggling networks inside the United States; thus it is no surprise that they continue to accelerate their efforts to get trusted representatives in place as a means to guarantee continued success,” the Border Patrol agents wrote.

Read more...

Saturday, September 25, 2010

Meanwhile Banksters Ride Shotgun for Mexico's Violent Drug Trade.

The severity revolution in criminal justice, that began when former President Nixon launched the war on drugs, that escalated during the Reagan yearsproducing some of the "most prohibitive drug control laws ever" has very little to do with "law and order" and everything to do with profit.  If you don't believe me, read the following:

We the people have spent well over $1 trillion  (much more if you consider the government spending for all of the people directly and indirectly effected), yet the availability of drugs is similar to what it was when Nixon started this "war on drugs", and Reagan took it to a new level. 

The conservatives, in their "tough on crime" law and order agenda, scapegoated Marijuana, making it their "symbol of the weakness and permissiveness of a liberal society."  They cultivated a culture of fear over growing crime and the evils of marijuana amongst other drugs which gave rise to  hundreds of new state, federal, and local laws, which, aside from creating a prison industrial complex, vastly expanded the government's power to seize and forfeit property. Because, during the 1980s, civil assets forfeiture was extended to drug trafficking and possession, and a host of other crimes, through the Comprehensive Crime Control Act of 1984, and the Drug Abuse Act of 1986, and many other such laws. In other words, the "war on drugs" enabled the Supreme Court to gradually erode  our civil liberties.  In fact,  Newt Gingrich even introduced "legislation demanding either a life sentence or the death penalty for anyone caught bringing more than two ounces of marijuana into the United States."*

Meanwhile, as our prisons are bursting at the seams with non-violent offenders, back at the ranch, America's biggest banks are riding shotgun for Mexican drug smugglers by giving "international cocaine cartels a virtual carte blanche to finance their operations".

No bank has been more closely connected with Mexican money laundering than Wachovia. 6,700 subpoenas later, Wachovia finally:

...admitted it didn’t do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. That’s the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history -- a sum equal to one-third of Mexico’s current gross domestic product.
However, despite the fact that Wachovia was caught red-handed in the largest anti-money laundering law in U.S. history, Wachovia (acquired by Wells Fargo in 2008) entered into a settlement with federal prosecutors. In other words, they got away with mass murder...literally.  This should come as no surprise as no U.S. bank has ever been indicted for violating the Bank Secrecy Act — or any other federal law for that matter.

So, as our "justice" system boldly roars at, imprisons, and sometimes slaughters non-violent citizens,  it conveniently turns a blind eye to those wealthy powerful elites who facilitate the heinous drug cartel killings and beheadings and burnings that, so far, claimed at least 28,000 lives, making Juárez valley, a Texas border town, one of the deadliest places on the planet.  Yet marijuana/drugs remain illegal. 

Marijuana, alone, is a $113 billion dollar business in the U.S. That's $113 billion unaccounted for...or is it?  Why would so much revenue, that is protected by brutal crime, specifically the  torturing, murdering and dismembering of countless numbers of innocent people, be allowed to remain in the hands of such violent criminals if conservatives are so concerned about law and order and fiscal responsibility and saving our economy from disaster? 

Could it be that governments and their drug prohibition policies are not intended to eliminate illegal drug use/commerce? Could it be that government officials, politicians, banksters and the corporate elite profit off the drug wars just as much, if not more than the evil cartels?

The more enforcement there is, the higher the street prices, whereas the less enforcement, the lower the prices. The "war on drugs" has nothing to do with eliminating drug use and everything to do with profit, "because most of the profits do NOT come from the sale of drugs but from the laundering of the billions of dollars by banks and other financial institutions to turn the dirty money into legal capital".**

Links:

Banks Financing Mexico Gangs Admitted in Wells Fargo Deal

* Smoke and Mirrors: The War on Drugs and the Politics of Failure by Dan Baum

** Telling the Whole Truth about the Drug War.

Read more...

Sunday, September 16, 2007

Most Prestigious Banks

999 banking professionals were surveyed in order to rank the top 50 firms in commercial and investment banking. Here are the top 25:

1 Goldman Sachs & Company

2 The Blackstone Group

3 Morgan Stanley

4 Lehman Brothers

5 JPMorgan Investment Bank

6 Merrill Lynch

7 Citi Markets & Banking

8 Lazard

9 Credit Suisse Investment Banking Division

10 UBS Investment Bank

11 JPMorgan Chase - Commercial Bank

12 Deutsche Bank

13 Bear Stearns & Co.

14 Citigroup Inc. (Citi)

15 Bank of America

16 Greenhill & Co.

17 Barclays Capital

18 Wachovia Corporation

19 Rothschild

20 HSBC

21 Houlihan Lokey

22 Jefferies

23 Perella Weinberg Partners

24 Wells Fargo

25 Royal Bank of Scotland

Read more...
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