Banksters Helping Iran Launder Money To Make The Bomb Per Dan Rather's Investigative Report Titled Iran's Manhattan Project?
Dan Rather is now remarking that there are likely more banks involved. Is there anyone naive enough to believe large bankster corporations are concerned about morality or national interests? Please. We clearly know this not to be the case. If they were driven by morality, they would not have sought near complete deregulation which only allowed them to engage in wholesale theft of society's money. I can almost assure you this is the tip of a much bigger iceberg involving fraudulent money from every corner of the globe.
When globalization was in full bloom we highlighted issues of criminal money coursing through the global financial system. I'm going to use that dirty word again - deregulation. But deregulated international capital has provided a cover for international mobsters to join forces with western banksters to legitimize criminal money on what is likely a massive scale. As we reported before, even the Bernie Madoff whistle blower remarked of massive criminal money in the financial system. And because regulatory agencies have been declawed due to lobbyist-driven deregulation and because regulatory agencies are not ramped up to handle international criminal fraud investigations, we have no idea where much of this criminal capital is sloshing in our banking systems. Who knows. It is possible we might be funding our own economy with drug money from Afghanistan. Criminal money used to fund the Taliban's efforts to kill our men and women in the Afghan war. Or even fund terrorist activities such as the 9/11 attack.
International capital should NEVER, EVER, EVER bave been deregulated. Yet I saw a bankster on tout TV yesterday remarking how imperative this dynamic is. I guess he didn't know that this was a major contributor to the Great Depression. Or maybe he did. Again banksters lobbied during that time frame to engage in the same crooked behavior. Of course, securitization and financial innovation also contributed to the Great Depression. History is doing a fine job of repeating itself after the repeal of Glass-Steagall and dozens of other bankster regulations overturned because of crooked corporate lobbying . It would be nearly impossible to convince me a public banking system would be engaged in any of these frauds. Private banking is the scourge of mankind and does not serve the public good in any way.
Why do you never read about any of this in the media? It's quite easy to explain. The corporate-owned media is beholden to Wall Street. Media is now owned by major corporations which represent monopolies or oligopolies. These firms need big banks as partner businesses. They aren't going to a community banker for a loan. Need a business loan? It's time to go to Wall Street. Sorry, no loan for you if you are engaged in investigative journalism involving Wall Street banksters. Another scourge of private banking and/or monopolies. All courtesy of our government.
President Obama is getting terrible advice. He needs to ram banking reform down Wall Street's throat instead of almost begging them to buy in to reform. And we need to demand he do it.
When globalization was in full bloom we highlighted issues of criminal money coursing through the global financial system. I'm going to use that dirty word again - deregulation. But deregulated international capital has provided a cover for international mobsters to join forces with western banksters to legitimize criminal money on what is likely a massive scale. As we reported before, even the Bernie Madoff whistle blower remarked of massive criminal money in the financial system. And because regulatory agencies have been declawed due to lobbyist-driven deregulation and because regulatory agencies are not ramped up to handle international criminal fraud investigations, we have no idea where much of this criminal capital is sloshing in our banking systems. Who knows. It is possible we might be funding our own economy with drug money from Afghanistan. Criminal money used to fund the Taliban's efforts to kill our men and women in the Afghan war. Or even fund terrorist activities such as the 9/11 attack.
International capital should NEVER, EVER, EVER bave been deregulated. Yet I saw a bankster on tout TV yesterday remarking how imperative this dynamic is. I guess he didn't know that this was a major contributor to the Great Depression. Or maybe he did. Again banksters lobbied during that time frame to engage in the same crooked behavior. Of course, securitization and financial innovation also contributed to the Great Depression. History is doing a fine job of repeating itself after the repeal of Glass-Steagall and dozens of other bankster regulations overturned because of crooked corporate lobbying . It would be nearly impossible to convince me a public banking system would be engaged in any of these frauds. Private banking is the scourge of mankind and does not serve the public good in any way.
Why do you never read about any of this in the media? It's quite easy to explain. The corporate-owned media is beholden to Wall Street. Media is now owned by major corporations which represent monopolies or oligopolies. These firms need big banks as partner businesses. They aren't going to a community banker for a loan. Need a business loan? It's time to go to Wall Street. Sorry, no loan for you if you are engaged in investigative journalism involving Wall Street banksters. Another scourge of private banking and/or monopolies. All courtesy of our government.
President Obama is getting terrible advice. He needs to ram banking reform down Wall Street's throat instead of almost begging them to buy in to reform. And we need to demand he do it.
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