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Wachovia, Bank of America into huge drug money laundering scheme....

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posted on Jul, 23 2010 @ 06:11 PM
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reply to post by Illusionsaregrander
 


India, the Middle East, and Africa all have unsustainable population growths. This population growth is fed by charity, and the oil resources that we have drained from the easy to get reservoirs over the last several decades. All indication are that we have arrived at peak oil, and the easy to get and refine oil is running out. This is going to create major changes in the world economy. There will be a great many, far more desperate, people trying to flee the overpopulated third world nations as wide spread starvation begins to set in. If Europe doesn't learn to make some hard choices, they will be over ran.

One thing nobody talks about is shipping costs, which are going to skyrocket with oil prices. The factors that drive our current markets are going to change immensely.

The technology for alternative fuel sources and far more efficient means of transportation are available, but they will be much more difficult for concentrated groups to control. The oil industry, as it has been over the last century were most of the supply was concentrated in specific areas, played perfectly into the hands of those who have sought to concentrate wealth and power. The alternative sources are not going to be concentrated at all, and they will be far more difficult to control, although massive efforts will be made by the wealthy elites. Chances are things are going to get ugly.

Since at least the fifties, the world's markets have been ran on a disposable society concept with planned obsolescence. Products had to be made to fail within a reasonable time frame to keep the gears of the market greased with demand. This is not sustainable, and it is the major flaw with our market system. Current production efficiency is putting us into a position where we produce more than we can consume, when it comes to basic products, energy and food excluded. Shifts in energy sources aren't going to change this, they will have more impact on changing priorities, and distribution of wealth.

Currently investors have more money to invest than they have legitimate investments. The dot com bubble and the real estate bubbles are proof of this. The biggest problem with concentration of wealth is that it collapses demand, because people who aren't making decent money don't have money to spend, thus demand dries up, and we enter into a depression, as is our current situation.

This provides even more reason for banks to engage in the illegal drug markets. What people aren't aware of, and IMO, are deceived about, is that the illegal drug market is in decline. People have wised up to what a big mistake drug culture was, and are turning away from it.

works.bepress.com...


The two most likely explanations for such a shift in supply are
decreased market power and innovations in evading enforcement. Why
might market power have declined or evasion increased? Moreover, does
the timing of these changes have any connection to the escalation of
enforcement?


Turning away from drug usage is a good thing for the average person, and a bad thing for the PTB, who profit greatly on all fronts from prohibition.




posted on Jul, 26 2010 @ 02:01 AM
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Seems that no criminal charges or jail time have occurred after laundering billions at Bank of America or Wachovia..

But 50% of the US prison population is in for possession of the same stuff Thomas Jefferson grew.

The criminal enterprise dba US Federal Governmant in Washington DC is a cesspool.

This is a january interview with sibel edmonds.. she describes briefcases with cash going to speaker of the house Hastert from Turkish agents for favors...
antiwar.com...

and no charges have been filed.

AND

this thread needed a bump.



posted on Jul, 26 2010 @ 02:10 AM
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Stuff like this is mindblowing.

What is even more insane is that people know or atleast suspect that its going on... and not a thing can be done to stop them...



posted on Jul, 26 2010 @ 04:48 AM
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Capitalism is the dirtiest game in town.

It is only the government's ARBITRARY, baseless illegalization of it that generates these huge profits.

And only our own, illogical hypocrisy that makes the government engineered robbery of us possible.

Who said we were an intelligent species?

They lied.

The sad thing is even these cynical profiteers are leading their species even more rapidly to ruin,
so even they are not [strategically] intelligent either.

The universe is a ruthless if sometimes latent accountant.
Balances will be retrieved, & humanity will be spared nothing.

I would commit suicide except i still like living too much.
Not while it is too much fun watching it all go to hell.

Where did i put that cheerleader drag uniform anyway . . .

[edit on 26-7-2010 by slank]



posted on Jul, 29 2010 @ 09:07 AM
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I thought this was interesting and relevant:



posted by:

IgnoranceIsntBlisss

from:

» Other Current Events »
Economic World War: Technocratic Plutocrat Elites vs. The People (visual aid overload)
www.abovetopsecret.com...


[edit on 29-7-2010 by Sri Oracle]



posted on Apr, 2 2011 @ 11:26 PM
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How a big US bank laundered billions from Mexico's murderous drug gangs

www.guardian.co.uk...

Is there a connection with this thread? Id love to believe its true..

www.abovetopsecret.com...
edit on 2-4-2011 by 5StarOracle because: add



posted on Apr, 2 2011 @ 11:40 PM
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Wherei work in old grenwich CT, thier is/was a wachovia bank. its been bought by wells frago* true for the entire branch of wakovia? i always wodnered about it..i saw the inside of the this new wells fargo bank..and i dont olike it at all. it stunk and reeked of corporatism..taht flamboyant dead quiet freindliness, all arrogent and stuff.



posted on Apr, 2 2011 @ 11:47 PM
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Well all now.t he DEA or FEDS are NOT going to shut down wells fargo banks or wakovia..with money like this to be made for them..prob why we never won the war on drugs or did much about it..the money the governemnt makes on it. wells fargo buys up wakovia, folding its name into its , kinda like hiding it* Feds would ratehr look at your bank account, before or if at lall, going after wakovia. goes to show ow corrupt the ssytem is, how screwed you and me are...thiers is no justice* only corporate greed. yuo can blame them one day, when yuor kids become addited to coc aine, or take the fall for being in the wrong place at the wrong time. i dont have kids, but with this kinda money to be made...YUOR the problem then for telling the truth.
Drugs shold not be legalized* would you like it, if they were, lets say hallucinogens, or coke, someone all super horny now or seeing things that arnt thier, bumping itno you, and god knows what thier capable of at this point? bet rapes would skyrocket..and poeple being run down n over, being behind the wheel of a car, too busy too notice you, because they see elves, polka dottted elephants, and the entire scene around em spinning? its crazy then.






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