The “too big to prosecute banks” that blow away any dreams of one rule of law for us all
By Dark Politricks
Whether you are from the right or the left. A libertarian or Socialist. A person of religion or atheist. It should be clear from all the reports on this site and the many other #altnews (alternative news) sites that a globalist attack on the common person is occurring.
Guns are only a small part of it. Whether you are against or for gun control in the USA there is no stopping the two tier system that is being constructed around us.
With every terrorist attack and new domestic spy agency being created to foil such attacks, the governments attack on our civil rights continue unabated.
Now the two levels of law that plainly exist between us and the too big to prosecute banks is in plain and clear site with the recent HSBC criminal banking scandal. It is obvious that we are on the losing side of the divide and the banksters and globalists don’t even bother to hide it from us any-more.
This was proven the other day when it was admitted that HSBC was declared too big to be prosecuted.
They couldn’t even send anyone to jail for their admitted crimes when they were caught breaking numerous embargoes by banking with Iran, using Mexican and Colombian drug cartel money, and basically being the “bank for terrorists”. They even went as far as to tell Iranian banks how to format digital transfers so that the USA would not spot and block them.
Just so you don’t think I would make something like this up. Here is an extract from the New York Times:
LAST month, HSBC admitted in court pleadings that it had allowed big Mexican and Colombian drug cartels to launder at least $881 million.
The bank also admitted to using various schemes to move hundreds of millions of dollars to nations subject to trade sanctions, including Iran, Cuba and Sudan, in violation of the Trading With the Enemy Act.
“On at least one occasion,” according to a statement by Assistant Attorney General Lanny A. Breuer, “HSBC instructed a bank in Iran on how to format payment messages so that the transactions would not be blocked or rejected by the United States.”
Those were some of the transgressions uncovered during a two-year investigation led by the Justice and Treasury Departments and acknowledged by HSBC in a settlement, known as a deferred prosecution agreement, that was filed in a federal court in December.
Not a single executive was charged with a crime!
Instead, the bank paid $1.9 billion in fines and forfeitures — or roughly 10 percent of the pretax profits it earned in just 2010, one of the more than five years during which it admitted to criminal conduct.
So now it is admitted publicly that there are indeed banks that are not only too big to fail but also too big to prosecute! Oh to be a banker!
Whereas we mere mortals can be hauled up to the local courts for non payment of our loans or mortgages, and charged high fees by our banks when we miss a direct debit or go over-drawn, the banks can literally break the law in a myriad of ways and get away with it scot free. We are now playing on a very uneven playing field.
We are playing against banks who know that they can take our savings and pensions and gamble them on the worlds biggest casinos i.e Wall St and the London Stock Exchange. They know that if they land on black whilst betting on red the tax payers of the countries they bet in will be forced to bail them out.
Now with the “Too Big To Prosecute” Banks like HSBC, we have banks that know that they can circumvent laws a normal business cannot. Take and launder drug money or even give terrorists loyalty cards for being such good customers and all without fear of any real punishment.
These banksters won’t end up in court like you or me. If we dealt with terrorists and drug cartels in similar ways we would be in orange jump suits.
These banksters have indeed reached the pinnacle of globalist entities. They are at the top of the tree where even national laws no longer apply, and by just being a huge international corporation is protection enough from any country wishing to stop their illegal behaviour.
These global monsters are eating up our economies and whilst the poor are being over taxed, worked to death and losing their side of the social contract left, right and centre, the swinging doors between business and government allows these big beasts to do as they want.
We often heard during the banking crisis that the only real liquidity in the system at the time was drug money and I suspect that the real reason HSBC isn’t going to be punished is down to the knowledge by politicians that it was this drug money that was keeping the house of cards that we call our global economic system from toppling over.
If HSBC hadn’t been banking with drug dealers there wouldn’t have been enough ink on the printing presses at the FED to continue with the existing banking system.
As that recent article by Washington said:
- Largely because they are out-of-control criminal enterprises, the economy cannot recover unless the big banks are broken up
- The Obama administration has made it official policy not to prosecute fraud. Indeed, the watchdogs in D.C. are so corrupt that they are as easily bribed as a policeman in a third world banana republic
- Instead of prosecuting, the government throws money at them
- There are two systems of justice in America … one for the big banks and other fatcats, and one for everyone else. See this, this, this and this.
- The system is rigged to allow the big banks to commit continuous and massive fraud, and then to pay small fines as the “cost of doing business”. As Nobel prize winning economist Joseph Stiglitz noted years ago:
The HSBC scandal is just another nail in the coffin of capitalism. The myth that we live under separate rules of law where one set of rules apply to the rich and powerful and another to the rest of us has truly become a reality.
We are living under a globalist Corporatocracy in which global entities can ignore local tax codes by placing their headquarters in tax havens and then threaten whole governments that they will just up sticks and move if threatened with over bearing rules and regulations.
Dastardly threats that should they have to play by the same rules as the rest of us. Or even have to pay an extra tiny tax on their high frequency trading that equals computers trading against computers and causing massive dips in markets when it all goes wrong. Well, they will just move to a more “lax” climate. As if there were any more lax places left for them to go to.
How lax does it need to be when you can be the “Terrorist or Drug Dealers Bank of choice” and get away with it?
If you are foolish enough to think that your money is safely invested in one of these bankster operations then you are indeed an idiot with money to burn.
All we are to these monstrosities is extra spending cash for the casino and if your rich enough to trade properly with big enough amounts then you are just a series of trades to be jumped in front of by the super computers wired directly up to the trading floor.
All so that the Morgan Stanleys and Goldman Sachs of the world can front run you and make money of their knowledge of your own business dealings.
They are no longer companies who’s aim is to make money for their customers. No their aim is now to make money for themselves by using their customers as tools to aid them with their illicit and immoral money making schemes.
This is not capitalism.
This is not even socialism, apart from when the banks fail and get disproportionate hand outs by us tax payers.
This is a mix of gangsterism and fraud all signed off and under written by your very own government.
The more of us who understand this new business model we are now living within the better.
Whether you are from Occupy Wall St or a Tea Party follower you should be just as disgusted as the rest of us who see what is happening in front of us on the daily mainstream news channels.
In this new world we are all just worker ants getting ready to serve the Queen ant for low wages, low benefits and no equality under the law when it all goes tits up.
We are living in a new feudal system in which the hope of King John signing a new Magna Carta, or a real Bill of Rights that applies to all of us equally being formed and kept to, is as far fetched as Piers Morgan actually being deported from the United States of America.
Welcome to the new century of too big to fail, too big to prosecute and too big to care a tiny shit about you and your inconsequential problems.