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View Diary: WATCH: Matt Taibbi on Our Blind Eye to Shockingly Bad Behavior (172 comments)

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  •  War against: minority races, non-whites, (2+ / 0-)
    Recommended by:
    Jim P, elwior

    non-Americans.

    Benefits:  Arms makers, military equipment suppliers, private security 'contractors' (mercenaries), private prison complex, oppressive components of US police forces including militarized response units in practically every single county in the nation, big pharma (not really that much of a stretch, but I'm not going to spell it all out right now), etc, etc.

    Result:  Poor oppressed.  Rich enriched.

    Same old scam.

    Note how many banks are involved, and that's just what is public so far from one article:

    HSBC is hardly alone. Court filings show that, since 2006, more than a dozen banks have reached settlements with the Justice Department regarding violations related to money laundering.

    ING Bank paid a $619 million fine for altering records and secretly transferring more than $2 billion for entities trading with Iran and other nations under sanctions.

    American Express Bank International acknowledged that more than $55 million in drug proceeds may have been laundered through offshore shell accounts it maintained.

    The Justice Department has signed similar agreements, withholding prosecution in exchange for bank promises to tighten oversight, with Wachovia, Union Bank of California, Lloyds, Credit Suisse, ABN Amro Holding (now owned by Royal Bank of Scotland), Barclays and Standard Chartered. All admitted to criminal offenses; all were handed the equivalent of traffic tickets — pay a fine on your way out the door.

    "The law is meant to be my servant and not my master, still less my torturer and my murderer." -- James Baldwin. July 11, 1966.

    by YucatanMan on Fri Feb 01, 2013 at 09:35:38 PM PST

    [ Parent ]

    •  One beneficiary you left out: (4+ / 0-)
      Recommended by:
      YucatanMan, snoopydawg, devis1, elwior

      the one that had a hand in getting opium out of The Golden Triangle; and crack into inner cities.

      I expect they get a big slice of the income. Can't do black ops with open money, now can you?


      Markos! Not only are the Gates Not Crashed, they've fallen on us. Actual Representatives are what we urgently need, because we have almost none.

      by Jim P on Fri Feb 01, 2013 at 09:40:11 PM PST

      [ Parent ]

      •  True. The US government's black ops (1+ / 0-)
        Recommended by:
        elwior

        themselves.

        "The law is meant to be my servant and not my master, still less my torturer and my murderer." -- James Baldwin. July 11, 1966.

        by YucatanMan on Fri Feb 01, 2013 at 09:50:11 PM PST

        [ Parent ]

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