America’s Narco-Industrial Complex: A History of Drug Deals?

1999: Encounter between New York Stock Exchange President Richard Grasso and Raul Reyes, Commander of Colombia’s FARC / El entonces presidente de la Bolsa de Nueva York, Richard Grasso, y el comandante de las FARC, Raúl Reyes se abrazan durante un encuentro en junio de 1999 / Image: iarnoticias.com (1)

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America’s Secret Deal with the Mexican Drug Cartels

By Tom Burghardt
Global Research

September 3, 2012

In a story which should have made front page headlines, Narco News investigative journalist Bill Conroy revealed that “A high-ranking Sinaloa narco-trafficking organization member’s claim that US officials have struck a deal with the leadership of the Mexican ‘cartel’ appears to be corroborated in large part by the statements of a Mexican diplomat in email correspondence made public recently by the nonprofit media group WikiLeaks.

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REVEALED: Recipients of $16 Trillion in Fed’s secret Bailouts

Image: Salvatore Vuono / freedigitalphotos.net *

$16,000,000,000,000.00 “secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. (…) virtually none of the money has been returned and it was loaned out at 0% interest.” blacklistednews.com

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)  Continue reading

Picture of the week: Big Banks Bubbles

Banks – market value (2009 vs 2007) / via MaxKeiser.com

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ↄ⃝  Copyleft CanadaNewsLibre 2012

LIBOR Banks: A ‘Cartel in Restraint of Trade’?

LIBOR Banks Are aCartel in Restraint of Trade

LaRouchePAC
August 8, 2012

Der Spiegel reported on Aug. 3, from law enforcement and regulatory sources in Germany, that EU and German regulators, including BaFin, are concluding that there was systemic rigging for profit, by major banks, of the immense global interest-rate-swap/foreign-exchange-swap derivatives market. A shorter NYT “DealBook” piece Aug. 5 reports essentially the same thing, and both stress that bank managements are now cooperating, “investigating”, and fingering each other. “I’ve only seen this kind of behavior before in connection with the mafia,” one regulator is quoted by Spiegel.

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LaRouchePAC: Time to shut down the Dope Banks!

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Time to Shut Down the Dope Banks!
by LaRouchePAC

The list of banks caught for money laundering in recent years is impressive. We can name quite a few off the tops of our heads—HSBC, Wachovia, Barclays, RBS’s and the Queen’s Coutts, ING, Lloyds TSB, Bank of America, Riggs, and American Express—and there are undoubtedly many more. Continue reading

Matt Taibbi: America’s biggest banks took part in a nationwide bid-rigging conspiracy

American journalist Matt Taibbi by Tony / Wikimedia *

(United States of America v. Carollo, Goldberg) this just-completed trial in downtown New York against three faceless financial executives really was historic. Over 10 years in the making, the case allowed federal prosecutors to make public for the first time the astonishing inner workings of the reigning American crime syndicate, which now operates not out of Little Italy and Las Vegas, but out of Wall Street.

Matt Taibbi

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Max Keiser: “Corrupt banks at the center of this global fraud”

“From a bank crisis to a sovereign debt crisis to a currency crisis”

Max Keiser: “Every bank is bankrupt

The Eurozone debt crisis is getting dangerously close to the monetary union’s powerhouse – Germany. Moody’s has cut the ratings of several German banks, Continue reading

Solving the drug problem by seizing the banks?

Money Laundering by scottchan / FreeDigitalPhotos.net *

“In March 2010, Wachovia was found guilty of having laundered at least $378 billion (yes, billion with a “b”) in drug money from 2004-07 for Mexican drug cartels, the same gangs that have wreaked murder and misery on much of Mexico, leaving more than 40,000 dead. Without money launderers, the big-time drug cartels cannot function.”

“Not one Wachovia executive spent a night or even an hour in jail, although the value of their crime was 1 billion times greater than the average street dealer.” LiberationNews.org.

Iceland shows eurozone (and the US) how to fight crisis

Satellite image of Iceland by NASA / Wikipedia (1)

Iceland’s approach to dealing with the meltdown has put the needs of its population ahead of the markets at every turn.”

“Iceland’s special prosecutor has said it may indict as many as 90 people, while more than 200, including the former chief executives at the three biggest banks, face criminal charges.”

“That compares with the U.S., where no top bank executives have faced criminal prosecution for their roles in the subprime mortgage meltdown.”  
bloomberg.com
(2)

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Week’s Best audio Interview: Lew Rockwell and Occupy Government

“We have a growing police state in this country.”
“They’re doing, under the direction of the central government,
exactly what the U.S. all has criticized these other countries for…”

Image : renjith krishnan / FreeDigitalPhotos.net *

Lew Rockwell
talks
about banks,
the Fed,
and the resistance

Just click on the link below to listen to the interview:

Lew Rockwell talks to Russia Today

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Cheminade: Long Live a Free Greece!

Image: Idea go / FreeDigitalPhotos.net *

“It appears clearly that this phony Europe is constructed against the interest of the people and their mode of free and democratic expression”

“The time has come to end the bailout of megabanks and to separate investment banks from deposit and credit banks in order to deprive the speculators of their ammunition.”

“a public system of productive credit has to be created, a system capable of reorganizing our economies, not in the interest of substance-looting imperial monetarism, but in the interest of the creation of resources for the common good.”  Jacques Cheminade Candidate for President, France 2012

The Large Families that rule the world

Ben Bernanke leaving the 2008 Bilderberg Conference / Wiki Commons *

Many people have heard of the Bilderberg Group, Illuminati or the Trilateral Commission. But what are the names of the families who run the world and have control of states and international organizations like the UN, NATO or the IMF? Continue reading