American Banksters Finance Mexican Organized Crime Syndicates
We haven't really talked about the dynamic of money laundering, much of it by Wall Street banks, in any detail. I have mentioned it frequently when brought up by others and before the crash wrote of how unregulated capital flows allowed organized crime to launder money in the global banking system but that's about it.
There are just certain topics I'm not going to author although I would love to. I may link to them but I don't wish to get into a pissing match with an army of corporate lawyers intent on trampling my Constitutional rights by employing Nazi threat tactics. That may sound pretty harsh and ridiculous but it is indeed no different than the threats the Nazi party used to marginalize dissent. Power seeks to quell free speech and rights whether than it in the Soviet Union, the United States or Nazi Germany. The dynamic is no different. This is why a written Constitution and associated written rule of law with guaranteed rights is so important to the freedoms of any society. American firms are chronic abusers of the courts and our Constitutional rights. Many states still don't have laws protecting citizen's free speech rights against frivolous corporate intimidation and threats used to bully people into submission rather than exercising their Constitutional rights. This happens constantly. Constantly.
This money laundering is a dynamic that no one on Wall Street wants to talk about but it is almost a guarantee that organized crime around the world has laundered tens and even hundreds of billions of dollars since we really have no capital controls. Whether it was turning a blind eye, or fraud controls were not properly enforced or outright corruption in our banking system, it is almost a certainty Wachovia's money laundering scheme is the tip of a massive iceberg of global corruption involving multinational banks. That means organized crime in Japan, Korea, the US, Mexico, countless South American countries, Canada, Europe, Russia and Africa are likely now investing in legitimate enterprises and gaining even greater power. Mexican organized crime has not grown stronger because they can buy guns in the United States. That's a nit. Mexican organized crime is becoming so powerful because the corrupt global financial system and a corrupt Mexican government allows them to launder their money. That legitimizes their power and ability to finance their operations. Global finance is such a beautiful thing. All courtesy of a corrupt banking system, crooked lobbyist and beholden political stooges willing to sell out their countries and constituents.
This dynamic could not exist on any substantial level with a public banking system. Global finance is the dynamic that is driving this corruption. Public banking would only exist within the borders of the United States. Cross border capital flows would be nearly nonexistent comparative to today. Those that did exist would raise an enormous red flag that could then be tracked and easily confirmed to be legitmate. Banking reform is a farce. Our leadership lacks moral clarity. Without moral clarity there is no legitimacy and the rule of law breaks down. And what exactly is happening today? Welcome to the jungle. Your economic trading partner and prized banking client is Don Vito Corleone.
Bloomberg story link here.
Bloomberg video interview with story author here.
There are just certain topics I'm not going to author although I would love to. I may link to them but I don't wish to get into a pissing match with an army of corporate lawyers intent on trampling my Constitutional rights by employing Nazi threat tactics. That may sound pretty harsh and ridiculous but it is indeed no different than the threats the Nazi party used to marginalize dissent. Power seeks to quell free speech and rights whether than it in the Soviet Union, the United States or Nazi Germany. The dynamic is no different. This is why a written Constitution and associated written rule of law with guaranteed rights is so important to the freedoms of any society. American firms are chronic abusers of the courts and our Constitutional rights. Many states still don't have laws protecting citizen's free speech rights against frivolous corporate intimidation and threats used to bully people into submission rather than exercising their Constitutional rights. This happens constantly. Constantly.
This money laundering is a dynamic that no one on Wall Street wants to talk about but it is almost a guarantee that organized crime around the world has laundered tens and even hundreds of billions of dollars since we really have no capital controls. Whether it was turning a blind eye, or fraud controls were not properly enforced or outright corruption in our banking system, it is almost a certainty Wachovia's money laundering scheme is the tip of a massive iceberg of global corruption involving multinational banks. That means organized crime in Japan, Korea, the US, Mexico, countless South American countries, Canada, Europe, Russia and Africa are likely now investing in legitimate enterprises and gaining even greater power. Mexican organized crime has not grown stronger because they can buy guns in the United States. That's a nit. Mexican organized crime is becoming so powerful because the corrupt global financial system and a corrupt Mexican government allows them to launder their money. That legitimizes their power and ability to finance their operations. Global finance is such a beautiful thing. All courtesy of a corrupt banking system, crooked lobbyist and beholden political stooges willing to sell out their countries and constituents.
This dynamic could not exist on any substantial level with a public banking system. Global finance is the dynamic that is driving this corruption. Public banking would only exist within the borders of the United States. Cross border capital flows would be nearly nonexistent comparative to today. Those that did exist would raise an enormous red flag that could then be tracked and easily confirmed to be legitmate. Banking reform is a farce. Our leadership lacks moral clarity. Without moral clarity there is no legitimacy and the rule of law breaks down. And what exactly is happening today? Welcome to the jungle. Your economic trading partner and prized banking client is Don Vito Corleone.
Bloomberg story link here.
Bloomberg video interview with story author here.
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