Wednesday, December 19, 2012

12-12-20 Tabibi on the "War on Drugs"

Tabibi often keeps the punch lines out: a)  Never mentions the US gov involvement in the drug trade itself, b) Never mentions the significance of the narcodollars in keeping the banks solvent under the current crisis.  
I guess he does not want to be seen as a "radical". jz

Proof The Drug War Is A Joke'

By Matt Taibbi

December 19, 2012 "
Rolling Stone" -- If you've ever been arrested on a drug charge, if you've ever spent even a day in jail for having a stem of marijuana in your pocket or "drug paraphernalia" in your gym bag, Assistant Attorney General and longtime Bill Clinton pal Lanny Breuer has a message for you: Bite me.
Breuer this week signed off on a settlement deal with the British banking giant HSBC that is the ultimate insult to every ordinary person who's ever had his life altered by a narcotics charge. Despite the fact that HSBC admitted to laundering billions of dollars for Colombian and Mexican drug cartels (among others) and violating a host of important banking laws (from the Bank Secrecy Act to the Trading With the Enemy Act), Breuer and his Justice Department elected not to pursue criminal prosecutions of the bank, opting instead for a "record" financial settlement of $1.9 billion, which as one analyst noted is about five weeks of income for the bank.

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