It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
If you've ever been arrested on a drug charge, if you've ever spent even a day in jail for having a stem of marijuana in your pocket or "drug paraphernalia" in your gym bag, Assistant Attorney General and longtime Bill Clinton pal Lanny Breuer has a message for you: Bite me. Breuer this week signed off on a settlement deal with the British banking giant HSBC that is the ultimate insult to every ordinary person who's ever had his life altered by a narcotics charge. Despite the fact that HSBC admitted to laundering billions of dollars for Colombian and Mexican drug cartels (among others) and violating a host of important banking laws (from the Bank Secrecy Act to the Trading With the Enemy Act), Breuer and his Justice Department elected not to pursue criminal prosecutions of the bank, opting instead for a "record" financial settlement of $1.9 billion, which as one analyst noted is about five weeks of income for the bank.
On the other hand, if you are an important person, and you work for a big international bank, you won't be prosecuted even if you launder nine billion dollars. Even if you actively collude with the people at the very top of the international narcotics trade, your punishment will be far smaller than that of the person at the very bottom of the world drug pyramid. You will be treated with more deference and sympathy than a junkie passing out on a subway car in Manhattan (using two seats of a subway car is a common prosecutable offense in this city). An international drug trafficker is a criminal and usually a murderer; the drug addict walking the street is one of his victims. But thanks to Breuer, we're now in the business, officially, of jailing the victims and enabling the criminals. Read more: www.rollingstone.com... Follow us: @rollingstone on Twitter | RollingStone on Facebook
Originally posted by theghoster
You could argue that the Banks don't need to be conspiratorial about anything--hell they can just be corrupt right out in the open.
-Ghosteredit on 15-12-2012 by theghoster because: (no reason given)
Originally posted by Erongaricuaro
Not a funny joke but seems to have almost everyone fooled.
The illicit drug trade is an unregulated, undocumented, multi-zillion dollar industry that is nearly as large as our "legitimate" economy. Our own governments are the key players in this scam that dates back at least to the 18th century's illegal opium trade with China. To this day that trade has never ended, it has grossly expanded and gone global. Though most likely far removed from the daily workings of it, but by title the biggest illicit drug kingpin on earth is quite likely The Queen of England. American military is the muscle.
This big joke relies on its prohibition to keep the market lucrative with prices enormously inflated on goods that would otherwise on a free market would sell for pennies. Prohibition permits our rights and privacies to be trampled over opening the door to your livingroom making you a suspect whether or not you use these substances.
The phoney Drug War scam promotes corruption of officials and stokes violence in the streets due to the enormous profits. These factors keep you in fear and make you more manageable, willing to bend over and spread them to do your part to prove you are clean and compliant and a good citizen.
The big banks have their role to play in this industry too, but everyone must pay to play. All players must be compliant or risk having the tables turned on them. The law can be used to get you, or it can look the other way at its convenience.
The Drug War was NEVER about stopping illicit drug traffic, always about controlling it. It IS a big joke and you are the fool if you believe the Drug War is being fought with your best interest in mind. It is a self-serving monster with an easy sell - drugs are bad! But the cure is much, much worse than the disease.