by James Hall
December 19, 2012
from BART Website
If there was any lingering doubt about the supremacy of the internationalist banker over the canons of law, the latest HSBC exemption from criminal charges proves that the real masters of the planet are the criminal banksters.
If this settlement was an abnormality and not the rule, one might argue the expediency for pragmatism, while deployable, is necessary. Unfortunately, for the financial elites, the facts tell a very different story.
The Associated Press reports in Government outlines HSBC ties to drug money laundering.
Published in the Globe and Mail account, HSBC failed to control drug-money laundering, Senate finds, indicates the political nature of this investigation.
Instead of prosecuting criminal charges, the U.S. Department of Justice slaps a fine and demands stricter but inadequate regulations.
Some of the details are provided in Banks on alert as regulators step up pressure on HSBC. The facade of accountability is insulting.
Ian Fraser presents a correct assessment.
The muckraker Matt Taibbi gives a sober overview in a video that deserves watching, After Laundering $800 Million in Drug Money.
His observations parallel that of Mr. Fraser.
The risk of going to jail for managing the enormous sums from the illicit drug trade is small, when governments are beholding for their contrived power to the banking cabals, which control the apparatus of fiat money.
In the seminal study by John Hoefle coming out of the Executive Intelligence Research, HSBC: Flagship Bank Of Britain’s Dope, Inc., the historic composition of dishonest business dealings that transcend even shady banking is documented.
Once a drug launderer it is an easy step to institutionalized money laundering:
Originally at https://www.youtube.com/watch?v=ayc_x0MZtqU
Now watch the interview with Jeffrey Robinson on HSBC fine for money-laundering:
Mr. Robinson’s appraisal rings similar with that of Fraser and Taibbi. This picture becomes clearer as more information becomes available.
Even the establishment journal The Economist must conclude that Too big to jail is the reality in the world of international banking.
The significance of rejecting criminal pursuance of HSBC, and the long list of other mega banks is Prima Facie validation that the global economy operates under the self-serving guidance and often the practical permission of the largest international banking organizations.
The pattern of selective prosecution by the Injustice Department is no revelation, when the war on drugs is so profitable for the diabolic alliances that run the drug trade.
Banking and government by acquiesce is a historic construct that hide behinds the law, while dealing in bribes, payoffs and hidden offshore accounts.
Drug trafficking continues to prosper because government needs the threat of an evil enemy, while the agencies charged with its eradication are often corrupt game players.
The HSBC’s of this world are dirty participants in the real drug triangle; namely, drug traffickers, crooked government elements and complicit moneychangers.
Related report: The Double Standard of The U.S. Criminal Justice System - A flowchart - The CaseS of HSBC and Wachovia