The Other Worlds Shrine

Your place for discussion about RPGs, gaming, music, movies, anime, computers, sports, and any other stuff we care to talk about... 

  • Banks are above the law

  • Somehow, we still tolerate each other. Eventually this will be the only forum left.
Somehow, we still tolerate each other. Eventually this will be the only forum left.
 #159635  by SineSwiper
 Fri Feb 15, 2013 12:08 pm
http://www.rollingstone.com/politics/bl ... e-20121213

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.

The banks' laundering transactions were so brazen that the NSA probably could have spotted them from space. Breuer admitted that drug dealers would sometimes come to HSBC's Mexican branches and "deposit hundreds of thousands of dollars in cash, in a single day, into a single account, using boxes designed to fit the precise dimensions of the teller windows."

This bears repeating: in order to more efficiently move as much illegal money as possible into the "legitimate" banking institution HSBC, drug dealers specifically designed boxes to fit through the bank's teller windows. Tony Montana's henchmen marching dufflebags of cash into the fictional "American City Bank" in Miami was actually more subtle than what the cartels were doing when they washed their cash through one of Britain's most storied financial institutions.


Wow...
 #160284  by Joe
 Wed Apr 24, 2013 11:11 pm
Banks and other financial firms need to be shot.

This deregulation shit is what put the entire world into the stinker. Starting with Reagan, every president kept on deregulating the banks. And don't get me started on the financial lobbyists....

If you guys have time to watch this documentary....you will see what I'm talking about. It's about 50 minutes long but dammit....you guys should get a bowl of popcorn and just watch this.

http://video.pbs.org/video/2296684923
 #160292  by Zeus
 Thu Apr 25, 2013 5:54 pm
I say shoot 'em all and let God sort them out! (that's for you, Joe :-) )
 #160295  by SineSwiper
 Thu Apr 25, 2013 7:23 pm
Doesn't do much for the folks down here on Earth. TDS' coverage of the STOCK Act just illustrates how hard it is to even get a dialogue going on this in Congress.
 #160298  by Joe
 Fri Apr 26, 2013 12:59 am
If there is one fight we all should get involved in, making food manufacturers label GMO products in their ingredients list. Monsanto has billions to prevent that from happening. So, we need to support the Boxer-DeFazio Bill. Genetically Engineered foods have been known to cause cancers and other medical issues.

Sign up right here. Just fill out your address and email and a letter will be sent to Congress.

http://t.co/UeBUGDPfJI
 #160316  by SineSwiper
 Sat Apr 27, 2013 10:36 pm
Joe wrote:If there is one fight we all should get involved in, making food manufacturers label GMO products in their ingredients list. Monsanto has billions to prevent that from happening. So, we need to support the Boxer-DeFazio Bill. Genetically Engineered foods have been known to cause cancers and other medical issues.

Sign up right here. Just fill out your address and email and a letter will be sent to Congress.

http://t.co/UeBUGDPfJI
Ha... I'm still waiting on calorie counts on all of the menus as a requirement. The law was passed a couple of years ago, as part of ACA, and was to be implemented by Q1 of 2011. Certain places like McDonald's have implemented it, but only voluntarily.

Here it is two years later, and the damn thing hasn't been implemented.
 #160398  by SineSwiper
 Thu May 16, 2013 9:01 pm
Yeah, that's one of my favorite South Park clips.