|
January 27, 2009
Banks Still Getting Illegal Cash
It looks like illegal cash may be the only thing keeping some banks afloat. The United Nations' crime and drug watchdog has indications that money made in illicit drug trade has been used to keep banks afloat in the global financial crisis, its head was quoted as saying on Sunday.Of course if drugs were legal that cash flow would stop. Which is a very good reason for bankers to be against legalization. After all the drug money allows them to live in a better neighborhood. And there is no war going on in such neighborhoods. A win-win. Except for the poor suckers stuck in the war zone. You know. THOSE people. If you want to read deeper into the subject may I suggest: Narco Dollars 1 By Catherine Austin Fitts, Assistant Secretary of the Federal Housing Commission under Bush 1, and a former managing director and member of the board of directors of Dillon Read & Co, Inc. She says that it will help your understanding to read the novel Black Money by Michael Thomas. You can also visit her blog Catherine Austin Fitts blog for the latest in financial news. You can also read Narco Dollars in a black on white format at Narco Dollars. Cross Posted at Power and Control posted by Simon on 01.27.09 at 06:42 PM |
|
January 2009
WORLD-WIDE CALENDAR
Search the Site
E-mail
Classics To Go
Archives
January 2009
December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005 July 2005 June 2005 May 2005 April 2005 March 2005 February 2005 January 2005 December 2004 November 2004 October 2004 September 2004 August 2004 July 2004 June 2004 May 2004 April 2004 March 2004 February 2004 January 2004 December 2003 November 2003 October 2003 September 2003 August 2003 July 2003 June 2003 May 2003 May 2002 AB 1634 MBAPBSAAGOP Skepticism See more archives here Old (Blogspot) archives
Recent Entries
A single nuclear free day can ruin your nice junkyard!
Azam Ali - Niyaz At The Movies Banks Still Getting Illegal Cash Hussein Chooses The Arabs Obama Trying To Sink Auto Industry Cosmic Rays Measure Stratosphere Crackdown Crackup A Marijuana Culture Hamas Wants More War
Links
Site Credits
|
|
Unfortunately, if there's more money to be made by keeping something illegal than by making it legal, then making it legal will not be an option.