Did Drug Money Save the Banks??

~~By InsightAnalytical-GRL

As if things couldn’t get even MORE bizarre…

The Guardian/Observer is reporting that the UN’s Office on Drugs and Crime suspects that “$352bn in criminal proceeds was effectively laundered by financial institutions” during the 2008 banking crisis:

Drug money saved banks in global crisis, claims UN advisor

snip

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were “the only liquid investment capital” available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result.

This will raise questions about crime’s influence on the economic system at times of crisis. It will also prompt further examination of the banking sector as world leaders, including Barack Obama and Gordon Brown, call for new International Monetary Fund regulations. Speaking from his office in Vienna, Costa said evidence that illegal money was being absorbed into the financial system was first drawn to his attention by intelligence agencies and prosecutors around 18 months ago. “In many instances, the money from drugs was the only liquid investment capital. In the second half of 2008, liquidity was the banking system’s main problem and hence liquid capital became an important factor,” he said.

Some of the evidence put before his office indicated that gang money was used to save some banks from collapse when lending seized up, he said.

Apparently, evidence of the drug money going to banks has come from officials in Britain, Switzerland, Italy and the US.

The British Bankers’ Association wants to see the evidence and maintains that central banks provided the liquidity to keep the system afloat.

It will be interesting to see if Costa’s suspicions get any attention here in the U.S.

Imagine, “money laundering”  to save the economic system…

Who pays back THOSE “loans”??

Here It Comes…the (Not so New) NEW Republican Wedge Issue!!!!!

~~By InsightAnalytical-GRL

Well, here we are in the middle of this huge financial disaster and guess what the Republicans are working on now?  A brand new, spiffy WEDGE ISSUE for our future enjoyment!

This one has tons of potential, because it sounds so “logical”–but, of course, there’s a lot more churning beneath the surface.

Here’s the report, originally from Politico:

If there were a recipe for creating a new conservative culture-wars issue, it might look something like this: Start with the United Nations, fold in the prospect of an expanded role for government in children’s lives, add some unfortunate court decisions, then toss in Barbara Boxer and Hillary Clinton.

And indeed, when House Republicans recently found themselves with all these ingredients at hand, Rep. Pete Hoekstra (R-Mich.) started pre-heating the oven.

Hoekstra last week introduced a bill in the House to amend the U.S. Constitution to permanently “enshrine” in American society an inviolable set of parents’ rights. The bill had 70 co-sponsors, all Republicans, including Minority Whip Eric Cantor and Minority Leader John A. Boehner.

The bill, said Hoekstra, is intended to stem the “slow erosion” of parents’ rights and to circumvent the effects of a United Nations treaty he believes “clearly undermines parental rights in the United States.”

MORE

The story details the background on the U.N. Convention on the Rights of the Child which was signed by Bill Clinton but never ratified. Barack Obama brought it up during the campaign.

The story continues:

Notes Baruch College political science professor Douglas Muzzio: “Nuance isn’t the culture warrior’s forte. And in fact, the lack of nuance is their major weapon.”

“It’s a no-win kind of debate for the advocates,” agrees Zelizer, who believes treaty supporters could find themselves caught off guard.

Conservatives, he notes, are “looking for issues. And if this looks like this is an issue they can hook onto, they’ll turn this into a bigger issue than human-rights advocates ever expected it would be.”

Sigh.  You can imagine what THIS will turn into…We’ll hear about abortion and underage on teens for one thing, I’m sure. If there’s anyway to work in women’s bodies, I’m sure it will be there.

I still have my “Becky Bell” bracelet from the 80’s.  You can review her story and the “parental rights” climate at the time…a nightmare.

***

Some people seem to miss the point, so I will clarify…as I commented:

It’s the making of a new WEDGE ISSUE which has caught my attention…and how it will be used to divert people’s attention…esp. to rally the hardcore base of the GOP.

It’s another thing to be used by BOTH the right and the left…like the abortion issue, etc.

The point is….SAME OLD, SAME OLD!

Meanwhile, everything else falls to pieces.  But that’s probably what they ALL want…the blame for our mess lies with

Republican and Democrat…so, if anybody is thinking “conservatives” will help save the day if they take power again…BE WARNED!

The don’t give a shit, either!!!

UPDATE: HOUSE PASSES HR1; SENATE VOTES LATER TODAY ON HR 1 STIMULUS PACKAGE!! SIGN THE PETITION! (More SHOCKING Info on What’s in Bill & More on the Way [Hidden Agenda]; Listen to W.A.M. Radio This Weekend for More Info)

FROM W.A.M.

WAKE UP AMERICA ALERT/PETITION DRIVE FOR REVISION OF HR1

IT’S NOT OVER TIL IT’S OVER!

WAKE UP AMERICA ALERT/PETITION DRIVE FOR REVISION OF HR1

To all who care enough to know and know enough to care: THE FUTURE DEPENDS ON US! Wake Up America is sending an URGENT Petition on the “Stimulus” to revise the bill’s most detrimental features. Please review the vital facts below and forward this Information to everyone you know. PLEASE CLICK LINK AT END of POST NOW and sign the PETITION for Congressional Committee to URGENTLY revise final HR1. Also go to SPREAD THE WORD downloads on W.A.M. site to send FREE FAX Copies of this Revision PETITION to the Congressmen & Senators in your home state.

Remember we may each just be a drop in the bucket as any one group can make a splash – but together – WE ARE THE WAVE OF TRUTH empowered by this joint ACTION! FORWARD this information!  HELP GET SIGNATURES ON THIS PETITION – TAKE A STAND Link at end of this post. THANKS FOR HELPING TO WAKE UP AMERICA!

_____________________________________________________________________________________________

WAKE UP ALERT

TROJAN HORSE IS NOW AT THE GATE….SEE WHAT’S REALLY INSIDE!

From December into January, TSUNAMI MEDIA warned that Obama’s mobilization of his propaganda corps – both in Washington and online -was clearly preparing to dominate Capitol Hill with a frenzy and fury unseen before. Investigation indicated an alarming stack of suspicious legislation, all introduced on January 6th. Each bill was presented with a vague title and a few disconcerting paragraphs of description. (S1 to S10) So far, the public is only even aware of the 1st: HR1. Behind the scenes,it is now becoming shockingly clear what this total package of bills could portend.


Starting with a revealing review of the actual contents of HR1, a bigger picture emerges which many might consider pulp science fiction. Unfortunately, it’s one we’ll all soon be living unless Americans wakes up and act on Congress and the Media. Until now, penetrating the public mindset about the insane conduct of our current Congress has been all uphill. Mainstream Media’s maneuvers to manipulate viewers have shifted to high gear – avoiding details of HR1 – and that’s far from all, MSM has omitted from reports. Under a blanket of distractions scrambled with gross exaggeration and generalized statements, the Obama machine grinds forward as planned, it would seem, well in advance. Take a look here at what’s really been going on and bear in mind, HR1 is only the beginning. Here’s a sobering, somber review of the facts:

HR1 aka “Stimulus Plan.” Prior aliases to cover its hidden agenda include the “Bail Out” (first MSM blitz); then “Obama’s Recovery Plan” (second media blitz.) Worse yet, bear in mind – as staggering as its expenditures are – HR1 is only the first of a series of “bills” prepared for launch by the corrupt one-party system now tyrannizing our nation. The ever-shifting taglines given this burdensome legislation, conceal its capacity to break – not improve – the US Economy and what it means by “Recovery” is the highway robbery of middle class America’s freedom and prosperity. As recently as January 14, this package of lies offered just a 1 page description. Suddenly, 647 pages appeared and received consent of the House of Representatives, whose members had obviously not only not read the contents but could not have had time to write them either. So who handed over this bulky fiction to Congress – with enough carrots and pressure to ensure compliance? Obviously Speaker Pelosi, America’s very own Medusa. What every American should really be asking is: WHO REALLY WROTE HR1 and WHAT IS IT FOR?


OVERLOOKED CONTENTS of HR1 are more alarming than its “tiny bits of pork” (as a Democratic legislator recently stated) Its tiny BILLIONS of pork serve a two-pronged purpose: buy off Congressional votes while capturing the public’s eye, via the Media, in the cloud cover of complaints about who is to blame for which piece of waste in the bill. Fixating on that pork is like trying to pull a sliver out of your finger when you’re just about to step into a land mine. It may be a nuisance but it won’t do much good to save your finger when your whole body implodes!


The HIDDEN AGENDA of HR1, so covertly buried beneath its pork, is that it concretizes Obama’s totalitarian agenda via 1) “income redistribution”; 2) full penetration of “vulnerable populations” via expanded electronic media; and 3) total eradication of the privacy of US citizens and residents. In view of all this, it’s critical we collectively shift our attention off the pork and put a flood light of scrutiny and exposure on what HR1 is really about. By now, even a blind idiot can tell it will damage rather than improve our economy! That’s no surprise really because this BOOK of new LAWS is chockfull of staggering measures (at last count mushroomed to about 1,500 pages) was never set out for its publicly presented purpose at all. Read excerpt of original bill below and notice neither Congress nor Media publicly addresses these “measures.”

S1:”….measures that modernize the nation’s infrastructure, enhance America’s energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need, and for other purposes.


HR1 the biggest Swindle in the History of Civilization, is doing exactly what it really set out to do:

  • Pours BILLIONS into “neighborhood stabilization programs” Keep up the payscale and expand the outreach of “community organizations” like A.C.O.R.N. which is a necessity for Obama to continue building and feeding his political machine. How can it even be legal to FEDERALLY FUND A GROUP WHICH IS UNDER CRIMINAL INDICTMENTS FOR FRAUD in at least 12 US States? These bulky portions of the package maintain political control and good favor of lower income, uneducated populations
  • Expand Cable Outreach and hook everyone up via Analog to Digital Conversion: If you want to fool everyone and track them at the same time, you need 100% market penetration. BILLIONS in the latter portion of the bill are designated for use of LCCR (Leadership Conference on Civil Rights) to “educate vulnerable (including rural) populations” on this conversion. It appears Obama is keeping his promise to give priority perks to the “community organizers” who ensured his fraudulent election. Without them his 53% winner would have been a landslide loss. If you live “out in the country” (where Obama did have a landslide loss) guess who’s going to get paid to come to your door about this “conversion?”
  • Collect all personal medical information of every US citizen and resident on record everywhere for a new National Data Base accessible to the Federal government, via the Center for Disease Prevention and Control for purposes to include “bio-surveillance.” As illegal as it would appear providing huge financing for indicted criminals in A.C.O.R.N. how can a Law be passed that preempts our Constitutional right to privacy – not only without our consent but without our foreknowledge?!!

The HIDDEN AGENDA BEYOND HR1

In a tromp d’oleil (trick of the eye) beyond any prior political take-over of a nation, here’s a review of what’s been going on in Washington at the same time – again unreported by any Mainstream Media, despite their public responsibility to information for free use of the airwaves:

1. While all were busy watching the House of Representatives initial action on HR1, the Senate sailed through SCHIP program. Its massive Federal funding has remained unreported in the Media tallies of T.A.R.P. 1 & 2 plus HR1’s added near TRILLION dollars. The scope of this mandate for government payments for children’s Health Care covers the births and medical care of illegal aliens, claiming these costs will be covered by adding yet another $1 to every pack of cigarettes sold. Estimates, however, indicate the US is short twenty-two million smokers to fund this new law. Which might be a problem since HR1 provides MILLIONS of dollars for Smoking Prevention! Even less attention has been given to the fact that SCHIP legislates this mandate for children’s Health Care be provided to the ripe age of 30 years old!!

2.  Then when all eyes turned toward the Senate’s action on HR1 the House of Representatives voted in an unfathomable new law called “Global Poverty Act” (S2433). This law, now on its way to the Senate for finalization, quadruples such US funding abroad (beyond even our normal foreign aid.) Of greater concern than where on earth all this money is to come, it gets much worse, including:

1) placing US military troops under the jurisdiction of the United Nations and

2) placing a GLOBAL TAX on all US citizens!!!


3.  In a subterfuge that outdoes Machiavelli, when Richardson’s role as Commerce Secretary was undone, Axelrod put GOP Gregg in place. Lest any considered that a magnanimous gesture, turns out the White House has decided that Senator Gregg’s record on immigration makes him an unreliable choice to supervise the critical forthcoming US Census. Solution: Just move the Census to supervision by the White House. This fits like a crucial puzzle piece with HR1 funding of Obama’s community organizers while giving his Chief of Staff direct control of the forthcoming redistricting of Congress. Remember – your vote only counts in relation to the total voting populace in your district. Such redistricting combined with social engineering can give extraordinary weight to populations who would otherwise be in the minority.

You’ve got Obama’s First Month Report now. Summing it up: Nearly a Trillion for T.A.R.P.; another Trillion for HR1;

Billions more for SCHIP; Billions again (for years to come!) for “Global Poverty” Relief. . . . but what happened to resolving collapsing property & retirement income? How about the foreclosure crisis? Providing jobs and tax reductions for the middle class?

If you still haven’t registered what is self-evident of Washington’s new “Change” Administration, Michelle Obama, herself, tried to

tell US way back in the primaries that “Change will be hard” with only “so many pieces of pie to go around” and we need to expect,

after all, to “give up” some of our pie. Obama and company hold the American middle class in complete contempt and consider it

their Mission to eradicate the American economy and social structure as we have known it.

SORRY TO SAY THIS IS ONLY THE BEGINNING. THERE’S MORE TO COME . . . BACK TO THE FUTURE:


HR1 is only the first of 10 related pieces of legislation which, together, rewrite the nature of our Nation.


The lipstick on the pig of HR1 is already compounded by the squandering funds of T.A.R.P; Global Taxation and SCHIP-

WITHOUT ANY MAINSTREAM MEDIA REPORTING ON THE TOTAL TALLIES. Also note the equally unreported

introduction of a bill for the REPARATIONS OF SLAVERY (yet to reach the floor of Congress but already prepared!)

After that, take a look at S 2 – 9 yet to comeand imagine what the rest of these sketchy legislative descriptions will become:

http://thomas.loc.gov/cgi-bin/bdquery/d?d111:0:./list/bss/d111SN.lst:%7CTOM:/bss/111search.html


Also, by no coincidence, on January 6, another overlooked bill was introduced to eliminate term limits on the Presidency,

by deleting one of our most critical Constitutional amendments which protects us from attempts at dictatorship by our leadership.

Buried in an earlier record of this previously failed legislation is record of a powerful new sponsor for this law: none other than

Barney Frank. Ask yourself: Why is the Head of the Banking Committee sponsoring legislation to allow a permanent “President?!”

http://www.govtrack.us/congress/billtext.xpd?bill=hj111-5


Compounding the apparent lunacy that has overtaken the nation’s Capitol, as reported above, a strange change of tone is already prepared for in S10 (after the endless seemingly irrational spending spree outlined above): S10 stated purpose is: “to restore fiscal discipline and begin to address the long-term fiscal challenges facing the United States, and for other purposes.”


At the same time, Ohio recently came close to bringing US just 2 states short of organizing a Constitutional Convention for

the purported purpose of an Amendment to require a balanced Federal budget. If that all sounds like a good idea, consider

this fact: Once a Constitutional Convention is convened it operates under no outside rules; is not required to fulfill its original

agenda: and supersedes all existing authority including that of Congress. In fact, such a Convention can do away with the

Constitution altogether. http://www.eagleforum.org/topics/concon/ http://www.eagleforum.org/psr/1987/sept87/psrsept87.html

Ask yourself, before it’s too late: Why would our Congress push through legislation intended for purposes other than its public presentation? Why would they further act to break our already threatened economy and dollar by expending unheard of sums of (nonexistent) money on what are, by and large, social engineering projects when the very foundation of free enterprise is threatened? Why would they do so in an unprecedented rush, with flim-flam titles, and the real contents hidden from the public completely? Any economist knows all this can only result in chaos caused by rapid hyper-inflation.Why would the head of the Banking Committee be preparing to remove term limits from the Presidency? Why would nine books of law be hurriedly written and passed to spend all this fiat cash – only to lead to a pre-planned SELF CONTRADICTORY law demanding “fiscal responsibility?” And why would a Convention that can dissolve the Constitution be organizing, simultaneously, under the same false header of “fiscal responsibility?”

FOR THE WHOLE STORY, TUNE IN to HEAR W.A.M. this weekend on:

Kicking Back with Central Park, Sat., Feb. 14, 11:00 pm EST   (Corrrected Link)

http://www.blogtalkradio.com/Central-Park-7/2009/02/15/Kicking-Back-with-Central-Park

AND ALSO

USAPatriots-shout, Sun., Feb. 15, 11:00 pm EST

http://www.blogtalkradio.com/Usapatriots-shout
_______________________________________________________


TO TAKE ACTION, GO HERE TO SIGN THIS CRITICAL HR1 PETITION

Take a Stand

Text of Petition

PETITION to the CONFERENCE COMMITTEE CONGRESSIONAL LEADERSHIP
Whom are Responsible for the final form and contents of HR1:

We, the undersigned, inform you that all Americans are not deluded by the misleading Title nor its massive propaganda campaign which strain all credibility.

We wish the Conference Committee of HR1 to be aware that we are informed that the preparation of HR1 was not undertaken by a full Congressional body; nor were its contents thoroughly reviewed in the normal order of business by relevant Congressional Committees, for a reasonable hearing; nor has there been honest disclosure of its contents to the American people. We recognize that “Stimulus Plan” is an intentional misnomer, meant to disguise a massive package of Entitlement legislation. We further recognize and vehemently  object to numerous HR inclusions, which support political patronage of special interest groups rather than middle class Americans, who need tax relief, jobs and protection for own homes and retirement. We also adamantly object to the partisan attacks made on all who have attempted to bring proper scrutiny and practical amendments to this bill’s contents.

We insist that the following provisions be eliminated from HR1 before its passage, due to the facts that the following provisions are neither pertinent nor responsive to a “Recovery” of the US economy. sustain middle class American jobs or investments: Delete massive funding for “neighborhood stabilization” grants and projects. It is clear these expenditures are nothing other than pay-back to “community organizations” which enabled Barack Obama’s Presidency. These provisions endanger our political system by their precedent of using Federal funding to sustain the interests of one political party over another.

Ensure that HR1 clearly stipulates the exclusion of A.C.O.R.N. as a recipient of Federal any funds distributed as a consequence of this legislation,  as said organization is under criminal indictment for fraud in numerous states of the Union. It is no less than appalling for American taxpayers to be expected to finance this organization, directly or indirectly.


Remove the massive financial support of LCCR under the cover of “educational support” of “vulnerable populations” for the unnecessary, costly, ill-timed Analog to Digital conversion. Delay this conversion, as an irrelevant and inappropriate response to the critical state of the US economy and treat this measure, as it should be, as a separate piece of legislation, subject to normal Congressional procedures.

Absolutely remove all amendments related to revision of America’s health care system, which represent nearly one third (1/3) of the current pages of HR1. Such massive alteration of the health care industry has no relevance to the urgent issues of economic crises this bill is purported to address: these exclusion to ensure removal of HR1‘s flagrant violation of our Constitutional right to privacy as contained in this measure’s requirement that all individuals Medical records in a national data base without their foreknowledge or agreement; these exclusions to also remove any governmental oversight of the nature or extent of treatment of Americans by health care providers. We insist that all Health Care related provisions in HR1 be presented in a separate piece of legislation, subject to normal Congressional procedures.

HEAR THIS NOW: If the above listing of items in HR1 are not removed or amended according to this Petition, all members of this Committee and Congress, who vote for this legislation will be held accountable by We the American people for destructive allocation of Federal funds in a manner that will damage, not aid, the immediate economy and will burden middle-class families needlessly for generations to come.