Guest Post: Is American Justice Dead?

Tyler Durden's picture




 

Submitted by David Galland, via Casey Research,

Every nation-state has a body of laws woven into the fabric of society. As Peruvian economist Hernando de Soto has commented on extensively, the stronger the rule of law, the stronger the economy.

And by "stronger" laws, I mean laws that are impervious to tampering for personal or political gains. The connection between a sound judiciary and economic health is readily comprehensible, except maybe to a politician... businesses and individuals are far more likely to invest capital in a country with understandable laws that are impartially and universally enforced than if the opposite condition exists.

That's because the lack of a consistent body of law breeds uncertainty and adds a huge element of risk for entrepreneurs. That is the case here in Argentina, where hardly a week goes by without La Presidenta and her meddlesome comrades cooking up some new hurdle for businesses to overcome.

Which brings me back to the matter at hand – American justice on a slippery slope.

Few recent cases make the contention clearer than the announcement last week by the US Justice Department that it had settled its case against HSBC for acting as the bag men for Colombian and Mexican drug cartels. The fine, $1.9 billion, amounts to about five weeks of revenue for the bank.

And that was pretty much it.

Matt Taibbi of Rolling Stone magazine, who can run hot or cold when it comes to reporting, in my opinion, nails his column on the verdict, which you can read here.

The basic setup is that for years, at the highest levels of HSBC, the bank worked hand in glove with the drug cartels to launder their money. So smooth was their relationship that the drug gangs used special cardboard boxes for them to fill with cash – boxes that were designed to fit easily through the teller windows of the HSBC branches in Mexico.

Now, don't get me wrong – I am 100% against the so-called "War on Drugs." That there are hundreds of thousands of Americans in prison for the "crime" of voluntarily ingesting recreational drugs, or providing said drugs in a rare free-market transaction (there's a willing buyer and a willing seller and no regulations – at least none that anyone pays any attention to), is an abomination.

And so it is that the US has the highest prison population in the world, and by a wide margin: on a per-capita basis, it is 33% higher than the closest contender, Russia.

If you take into account everyone under "correctional supervision," 3.1% of the US population is either in jail or on probation (for blacks, it's a stunning 9.2%). According to Human Rights Watch, since 1980 the number of people in US jails for drug charges has increased twelvefold.

Yet, the money men for the murderous cartels that supply the stuff – the sort of fat-cat villains that serve as the centerpiece of every James Bond movie – get off with a hand slap.

How is this possible? The answer is that, just like the much-maligned "banana republic," the judicial system in the Anglo-Saxon world has been bifurcated into two systems – one for the politically favored and the other for the rest of us.

In the case of HSBC, the rationale for management being spared even a criminal trial, let alone years behind bars, is that the bank is too big to fail. And that should anyone within the bank be collared for their colossal crimes, it could provide the trigger for the widespread collapse of the global financial system.

To which an Anglo-Saxon from the UK might retort, "Bollocks!" This is rather a case of the politically connected and their equally politically connected, high-priced law firms twisting the judicial system to their purposes.

Another recent case is that of the LIBOR fixing scandal.

As you know, in this case a group of banks clearly conspired to rig the rates on the interest-rate index used to underpin over $300 trillion in loans. As the scandal was revealed, it was also revealed that top tax dodger and now US Treasury Secretary Tim "Timmy" Geithner was aware of the rigging as far back as at least 2007 when operating the Federal Reserve Bank of New York.

Yet Geithner's elevated position in the Obama administration meant that this inconvenient revelation quietly faded into nothingness. As did the clear implication that if Geithner knew about it, so did untold scores of others at the Fed and other institutions at the time.

Meanwhile, back in the present, instead of rounding up the heads of these institutions, it was announced this week that a handful of floor traders – the ever useful minions – have been fingered to take the fall. For the sake of the public show, I suspect the fall will be pretty hard.

Hell, the last time I checked, even Jon Corzine, who as a former senator and governor of New Jersey is the über-insider, is still a free man despite being the lead actor in the bankruptcy of MF Global and the subsequent looting of billions in customer funds. No one, except maybe Corzine himself, thinks that he isn't criminally complicit, yet, at this writing, there isn't even a hint he'll be prosecuted.

As David Webb has so thoroughly documented, a spate of cases over the last decade has set a clear precedent that financial institutions – at least those of a size to count with the political class – are pretty much free to lie, cheat, misrepresent, and even use their clients' funds to trade for their own book.

And if things go wrong, they can pass the losses on to the clients, or in the case of Corzine simply shrug his Savile Row-clad shoulders, and feign ignorance about where said funds went.

It Goes On… and On…

And the conniving and criminality doesn't stop at the judiciary but has infested pretty much every corner of the government.

A personal recent favorite was Hillary Clinton's oh-so-convenient bout of fainting that kept her from testifying about the truly bizarre attack on the Benghazi consulate, thereby skipping the direct damage to her career that would have resulted from having to answer the unanswerable in front of television cameras.

Then there's the sweetheart deal embedded in the soon-to-be-updated federal regulations related to mortgages. Given all the abuses leading up to the housing crash, John Q. might posit that there will be strong teeth in these new regulations. Sure, there's a couple – but lookie what else is in the new regs; this from the New York Times

As regulators complete new mortgage rules, banks are about to get a significant advantage: protection against homeowner lawsuits.

The rules are meant to help bolster the housing market. By shielding banks from potential litigation, policy makers contend that the industry will have a powerful incentive to make higher-quality home loans.

But some banking and housing specialists worry that borrowers are losing a critical safeguard. Industries rarely get broad protection from consumer lawsuits, and banks would seem unlikely candidates given the range of abuses revealed during the housing bust.

Mind-boggling.

Skipping across the pond, we have the truly incredible case of Julian Assange, who is now a prisoner, surrounded by upwards of 100 police officers, in the Ecuadorian embassy in London where he's been seeking asylum.

At one point, a senior British official suggested they were seriously considering throwing hundreds of years of diplomatic precedent out of the window by storming the embassy to get their man.

Yet his purported crime, having consensual sex with two different women without a condom (in one case, he had one, but it apparently broke) would, at most, be treated as a minor offense in pretty much any court, in pretty much every country in the world. Unless, of course, he knew he had AIDS and was deliberately trying to transmit it, which he wasn't.

Do your own research, and maybe you'll draw a different conclusion – here's one fairly thorough story on the charges against Assange – but that the UK government is willing to spend untold sums of money it can't afford keeping him penned up in the Ecuadorian embassy smacks of collusion and corruption.

What's really going on, of course, is that Assange's WikiLeaks organization embarrassed the power elite by doing what the media no longer does – getting to the truth, in this case releasing a stash of embarrassing diplomatic cables.

While Assange is fighting the good fight, it's a fight against entrenched political interests, and so it's a losing battle. Aided by the corrupt judiciary or, failing that, the malleable military, it's just a matter of time before he ends up in a cell next to Bradley Manning whose tortured corpus is now on trial for giving up state secrets that were really not all that secret.

In economic policy, too, the evidence of two different systems is glaring. Look no further than the Fed's recent decision to light the afterburners on over a trillion in new money creation each year.

Whom does such a policy help? The politicians, of course, by allowing them to claim they "fixed" the economy that they broke in the first place… when all they are really doing is replacing the capital formation and spending of a healthy private sector with the polluted effluence of government disbursements.

Whom does such a policy hurt? The population at large, by eroding the value of everything they own and eviscerating their ability to earn money on their money through a free market in interest rates… all the while fostering yet more malinvestment in the Potemkin villages of an uneconomic solar industry, electric cars, high-speed trains, etc.

Make no mistake, the Fed and the government are keenly aware of the damaging consequences of their actions – but, out of self-interest, take those actions nonetheless.

The enviro-socialists that have bought their way into the corridors of power provide another array of examples, using laughably bad science and arbitrary rulings to disadvantage key sectors of the economy such as energy and mining.

What's It Mean to You and Me?

There is little question that the vast majority of the public is ignorant or apathetic, or both, to the pervasive corruption of the political classes and their financiers.

But even if they were paying attention and outraged, the fact of the matter is that things have degraded to the point where there is next to nothing John Q. can do about it. Sure, you can write your Congressman; just be sure to be extra polite, or your letter will end up in the hands of zee Homeland Security.

Ditto if you write angry emails and send them to all your friends. Just don't make the mistake of thinking there is still such a thing as privacy or the right of free speech in the Anglosphere.

And heavens forbid you try to organize a physical protest. Next thing you know, you'll end up wearing a pair of these bad boys coming to your friendly police officer's belt soon.

(Not only do these next-gen cuffs restrain you, but they allow the arresting officer to remotely deliver electric shocks and, if that doesn't do the trick, even inject drugs into you.)

Of course, if your company or industry wants to fight it out in the courts, you have to be ready and able to spend millions in legal fees fighting a government with unlimited funds (provided, of course, by your taxes and money borrowed from the Chinese or ginned up by the Fed).

What I'm trying to say is that, regardless of what the popular corruption indexes show – and those are typically based on fairly suspect surveys on matters such as transparency in corporate reporting or whether bribes are required to do business – when you take into account the systematic skewing of the judicial and electoral systems to favor the entrenched politicos and their friends in high places, the level of corruption in the Anglosphere would make an African despot blush.

It's not an accident that the Republicans and the Democrats, two sides of the same coin despite all the rhetoric, are never remotely at risk of losing their collective grip on power – the system has been carefully and thoroughly rigged to prevent that from happening.

Logically, if there is virtually nothing the public at large can do about the rigged game they are forced to live with, then it comes down to decisions we make as individuals.

Some general approaches for your consideration.

  1. Suck it up. The Stoic approach is to recognize there are certain things you can't do anything about, so put the hypocrisy and self-dealing of officialdom and their enablers out of mind and live your life the best you know how.
  1. Profit from it. While it may seem counterintuitive, the more challenging the environment for business creation, the more money an especially hard-charging entrepreneur can make. This is why Asian shop owners open up in ghettos and why the margins for "war profiteers" are so high – because they literally have to risk life and limb to collect them.

    A successful acquaintance recently told me that, as the head of the Argentine branch of a major international electronics brand, his division was regularly able to pull down margins in excess of 40% while his counterparts in less volatile political environments were happy with less than 10%.

    It just takes an extra measure of patience and fortitude to overcome the challenges that scare less determined individuals away.

  1. Move West… or South, but probably not North. A combination of #1 and 2 above, the brave minority might want to consider taking the show on the road.
  1. If you can't beat them, join them. As Doug Casey has often pointed out, the effect of Pareto's Law operating over time on the large democracies has resulted in the worst sort of people controlling the levers of government at the federal, state and local level. If you happen to be a sociopath with control issues, then you might want to hop on the gravy train and worm your way into government, or into one of the many parasitic enterprises sucking the life from the body politic.
  1. Go outlaw. Yesterday, a flash mob gathered in the southern Argentine city of Bariloche for the sole purpose of looting a large store of electronics, food and booze, and sundry other items that will make the Christmas holidays all the more festive.

    When I heard of the incident, I mentioned to my wife that this could very well be the proverbial first shot in the breakdown of civil society in cities around the world. And sure enough, as I was writing, the news broke that spontaneous mobs have formed in a number of cities around Argentina for the sole purpose of looting stores.

    This is precisely the sort of thing one can expect in an economy laid low by political corruption, malfeasance and self-serving meddling. When people lose hope, and lose faith that the judicial system will protect them from the entrenched interests, then it is well within the range of some of those people to just say screw it and go outlaw.

I could be wrong, but I think what happened in Bariloche yesterday has the potential to be just as seminal as the self-immolation in Tunisia that set off the Arab Spring.

The implications of mobs deciding to come together to just take what they want are potentially huge. In the Anglo-Saxon world, it could provide exactly the excuse needed to bring down the stainless-steel curtain built with hundreds of billions of homeland security expenditures over the past decade.

In fact, while I am probably overstating it, the action of the mob in Bariloche yesterday could be the missing link between Neil Howe's Third and Fourth Turning, ushering in the next and most troubled era.

It's ironic that it's happening in here in my new retreat in Argentina, but it's of no personal import because our new hometown of Cafayate is rural, small and very successful, and the sort of place where everyone knows everyone else. And, besides, there are no large supermarkets to raid.

In addition, despite the dark era of military rule (or perhaps because of it), Argentina is not a violent culture, and the big cities are few and far between. The same can't be said of places like Chicago and Detroit, where flash mobs have been increasingly cropping up with the primary intention of committing violence.

How fast and how far things will spread from here is only a matter of conjecture, but the range of possibilities is wide.

Regardless of whether the rule of law continues to be diminished through the acts of corrupt politicians or a mob – or through the militarized arm of the politicos trying to control the mob – I fear the knock-on consequences on the economy and on society at large.

I really don't want to be a Chicken Little, but taking some basic precautions to protect yourself and your assets is only commonsense at this juncture.

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 01/09/2013 - 23:10 | 3139532 ACP
ACP's picture

It's just about to come alive here, shortly.

Wed, 01/09/2013 - 23:14 | 3139551 NemoDeNovo
NemoDeNovo's picture

I'ma thinking you are more then correct on that one....

Wed, 01/09/2013 - 23:28 | 3139578 eatthebanksters
eatthebanksters's picture

It's why changing gun ownership laws has taken on such a sense of urgency withour government.

Wed, 01/09/2013 - 23:37 | 3139598 ACP
ACP's picture

The important thing to remember is that even Hitler & Stalin didn't overtly say they were going to murder people before/after they give up their guns, whereas the Dems & their media cronies & other national socialists are pretty blatant about it.

http://www.infowars.com/veiled-threat-piers-morgan-guest-says-shoot-alex...

Just the latest example of many, many, many. I don't necessarily agree with Alex Jones' delivery, but the more than conspicuous threats from the mainstream left should be very disconcerting to all.

Thu, 01/10/2013 - 00:25 | 3139716 LongBalls
LongBalls's picture

The elite are going for it right here, right now. Wether you believe in gun ownership or not you can not deny this fact. Here is the kicker though. All those American's out there buying up guns hand over fist are not doing it because they intend to give up thier new purchase. They are buying the guns because they know they are coming for them and they are having no part of it. This country is on the verge of another revolution. The elite, media, and government will call it terrorism but rest assured. The Revolution is about to commence. The banker schills have no idea what they are about to unleash. They are clearly getting desperate. The collapse or WW3 must be a heck of a lot closer than we know. It's time to find our God once again. We should have never left. God Bless America!

Thu, 01/10/2013 - 00:55 | 3139790 DoChenRollingBearing
DoChenRollingBearing's picture

You wrote:

"All those American's out there buying up guns hand over fist are not doing it because they intend to give up thier new purchase. They are buying the guns because they know they are coming for them and they are having no part of it."  

In addition to your main point above I would suggest that ZH-ers consider a thought I have had for years:

"Git while the gittin's good."  

Works for me.  Sometimes you can buy stuff, then it gets harder...

Thu, 01/10/2013 - 01:31 | 3139867 jomama
jomama's picture

when the fuck did partisan jesus worshippers take over ZH?

gtfo the last piece of sanity i have left. 

Thu, 01/10/2013 - 08:01 | 3140128 lakecity55
lakecity55's picture

Uh, as long as I have been here, we seem open to anyone, higher power or no higher power.

Thu, 01/10/2013 - 01:47 | 3139894 Dr. Sandi
Dr. Sandi's picture

I already found God. He was having sex with Satan and their were both laughing their asses off about the fast one they had pulled on 'those stupid humans.'

Thu, 01/10/2013 - 12:41 | 3140884 donsluck
donsluck's picture

Love it!

Thu, 01/10/2013 - 06:37 | 3140078 Seer
Seer's picture

"The banker schills have no idea what they are about to unleash. They are clearly getting desperate. The collapse or WW3 must be a heck of a lot closer than we know."

It's the death of GROWTH!

The shills are all those who believe in the grow-or-die meme.

Because growth is dead (we've peaked on the majority of total resource extraction) the shills are on the chopping block.  So, yes, it follows that they SHOULD be nervous.  The keeper of the keys of a flawed system...

Most people don't have a clue about what this collapse is going to be like.  I assure you that when it goes down you WON'T be experiencing any euphoria about the loss of the shills (be too busy surviving).

"It's time to find our God once again. We should have never left. God Bless America!"

Gott mit uns?

Thu, 01/10/2013 - 10:54 | 3140454 trav777
trav777's picture

I believe i should speak here.

As apparently the only person on this (or any other) forum who makes a routine habit of visiting collapsed societies, I can say that it won't be NEARLY as bad as you think it will be.

In fact, the collapse is what is happening RIGHT NOW.  Rome collapsed over centuries.  Yes, I know it takes only a few seconds to read about this collapse, but Rome wasn't fully gone until...gosh, maybe it's still even there in some respects.  The Vatican sure as hell is.

I've been in countries with lots of zeros on their bills in S. America, even just went to freakin Zimbabwe where they are using the USD (what a hoot that is).  Life can certainly suck, but as long as you don't live in an area that already has a massive violence rate, you'll be ok.  People even lived their lives in Beirut during the civil war for crying out loud.

Serbia was totally ok, Brazil, Colombia...most of Johannesburg is surrounded by walls now and razor wire, with armed guards and whatnot and this fact was bemoaned by people there, ZOMG.  I said wtf, it is already and has already been like that in brazil for years!  That's the NORMAL state of being, not western european standards of respect and tolerance.

Stop bleating and just get on with living life. It's "going down" right now as we speak all around you.  What you see now is a symptom of collapse.

At some point, you people are gonna have to make some hard choices and confront some mental third rails you won't go near, or else you and people like you are going to be extinct.

Thu, 01/10/2013 - 11:40 | 3140634 flattrader
flattrader's picture

>>>At some point, you people are gonna have to make some hard choices and confront some mental third rails you won't go near, or else you and people like you are going to be extinct.<<<

And speaking of confronting some mental third rails to avoid extintion, those reactors a Fuku scrammed, right trav?

The 3 meltdowns are all in our imaginations, correct?

To be lectured by the likes of you on reality and mental third rails is a real treat.

Thu, 01/10/2013 - 11:55 | 3140689 TuPhat
TuPhat's picture

Flattrader,  Yes the reactors scrammed.  The problem was decay heat not fission of fuel.  You obviously know little about nuclear reactors.  You should try to learn something about a subject before you get so adamant about it.  There is enough decay heat left in the fuel to cause it to melt even after the fission reaction is shut down.  That is what happened at TMI.  Most of the stuff on ZH about Fukushima is nonsense.  They should stick to economics, thats what they are good at.

Thu, 01/10/2013 - 13:34 | 3140740 flattrader
flattrader's picture

You got it wrong my friend.  All three melted down.  The Japs finally admitted to it. 

This is not a "scram" scenario.

http://www.cnn.com/2011/WORLD/asiapcf/06/06/japan.nuclear.meltdown/index...

Tokyo (CNN) -- Japan's Fukushima Daiichi nuclear power plant experienced full meltdowns at three reactors in the wake of an earthquake and tsunami in March, the country's Nuclear Emergency Response Headquarters said Monday.

The nuclear group's new evaluation, released Monday, goes further than previous statements in describing the extent of the damage caused by an earthquake and tsunami on March 11.

The announcement will not change plans for how to stabilize the Fukushima Daiichi plant, the agency said.

Reactors 1, 2 and 3 experienced a full meltdown, it said....

And since JAPGOV/TEPCO lied about the meltdowns for more than one year, there is doubt that the units successfully scrammed before loss of cooling.

The plant was in serious trouble long before the tsunami hit.

http://www.independent.co.uk/news/world/asia/the-explosive-truth-behind-...

Read eyewitness accounts of structural damage...before the tsunami waves ever arrived on scene.

>>>The suspicion that the earthquake caused severe damage to the reactors is strengthened by reports that radiation leaked from the plant minutes later. The Bloomberg news agency has reported that a radiation alarm went off about a mile from the plant at 3.29pm, before the tsunami hit.<<<

Thu, 01/10/2013 - 12:28 | 3140783 DaveyJones
DaveyJones's picture

Well said Trav. Whether engineered or not, the key to the collapse is what it has always been. Human ingenuity, self sufficiency, and a lack of panic. Do not let the same powers that be who let this crap collapse increase their role. ANd as you point out, a big part of America's problem is the problem of all empires, its egocentric inability to compare its problems and solutions with the rest of the world. Know your neighbors, earn their respect, demand that of them. Make honest trades, share information and skills. The collapse could very well remedy a lot of what is wrong. As long as we keep our heads. 

Wed, 01/09/2013 - 23:10 | 3139533 pragmatic hobo
pragmatic hobo's picture

it's wild-west and gold-rush all over again ...

Thu, 01/10/2013 - 01:48 | 3139895 Dr. Sandi
Dr. Sandi's picture

Even in the Wild West, if the crimes were too outrageous, 'citizens' committees' were formed to deal with the perps. Usually from behind.

Wed, 01/09/2013 - 23:13 | 3139546 Thomas
Thomas's picture

hang a bunch of the  bankers.

Wed, 01/09/2013 - 23:14 | 3139553 tooriskytoinvest
tooriskytoinvest's picture

Taxes, Revenue, Fines, and Fiscal Cliff: How guns, asbestos, financial fraud, and occupational safety describe the true problem.

http://investmentwatchblog.com/taxes-revenue-fines-and-fiscal-cliff-how-guns-asbestos-financial-fraud-and-occupational-safety-describe-the-true-problem/

Wed, 01/09/2013 - 23:24 | 3139565 otto skorzeny
otto skorzeny's picture

CNBC said UBS has "cleaned up" the LIBOR scandal in-house so IT'S ALL GOOD. Also-I think Hillary shoved such a huge dildo up inside her twazoo that it choked off the blood supply to her brain. And I know it's fucked up by I find myself planning looting expeditions for when the SHTF in my head as I drive around town.

Wed, 01/09/2013 - 23:24 | 3139572 OpenThePodBayDoorHAL
OpenThePodBayDoorHAL's picture

One of the best posts EVER on ZH. Everything else can go, but if/when we lose the rule of law then we are truly screwed.

What more evidence do you need? The largest fraud in the history of mankind (Liebor)? How about the blatant theft of $1.6 *billion* Mr. Corzine? Not enough for you? Well then why not the financiers of the biggest drug cartels in the world directly protected by the White House?

WTFU people

Thu, 01/10/2013 - 01:08 | 3139817 Anusocracy
Anusocracy's picture

In case you hadn't noticed, law IS the problem.

Somewhere I read there were over two million laws in the US. Probably a lot more than that now.

Thu, 01/10/2013 - 07:52 | 3140120 spentCartridge
spentCartridge's picture

They ain't laws.

They are legal land bullshit rules and only .gov employees (voters) need to respect them.

Learn what real law is ... then take it from there.

Thu, 01/10/2013 - 07:57 | 3140124 lakecity55
lakecity55's picture

Right on. A lot of "regulations" are assumed to be laws.

The only law you have to follow is Constitutional, so far as your conscience is concerned.

Thu, 01/10/2013 - 15:23 | 3141569 Anusocracy
Anusocracy's picture

The constitution of no authority?

That constitution?

Thu, 01/10/2013 - 12:25 | 3140801 DaveyJones
DaveyJones's picture

yes, "the law" or the state of it, is the symptom not the cause. Both its needless complexity and the failure to enforce basic constitutional, property and criminal principles are an outgrowth of the corruption.

Thu, 01/10/2013 - 15:01 | 3141429 ItchyBeard
ItchyBeard's picture

The only real law is the one that leads to freedom. There is no other law.

Thu, 01/10/2013 - 15:25 | 3141592 Anusocracy
Anusocracy's picture

Private law.

In rural areas there used to be signs posted such as: Private Property. Trespassers Will Be Shot.

Thu, 01/10/2013 - 01:18 | 3139839 socalbeach
socalbeach's picture

And as an added bonus I've noticed the better articles tend to have better comments.

Wed, 01/09/2013 - 23:25 | 3139573 A Lunatic
A Lunatic's picture

We have a relative handful of "Representatives" "working" together with Lobbyists and the Money Masters in order to map out the future of America. What could possibly go wrong?

Wed, 01/09/2013 - 23:31 | 3139584 monkman
monkman's picture

He has to write the headline as a question? This is the USSA.

Wed, 01/09/2013 - 23:31 | 3139585 Cabreado
Cabreado's picture

"Some general approaches for your consideration.
1.
1.........."

Not so fast.
Your "approaches" come from

1. little creativity

1. defeat

You should be ashamed.
If you are not ashamed,

1. you are part of the problem.

Wed, 01/09/2013 - 23:35 | 3139597 earleflorida
earleflorida's picture

God Bless you...

"Julian Assange"   ;-)>

Thu, 01/10/2013 - 06:46 | 3140082 Random
Random's picture

Julian Assange is a fraud! Do you think that a random guy can do what Assange has done?! Random "terrorists" get a missile through the window for no substantial harm done to the US / whatever and Assange can do this kind of "damage" and still walks around?! Dudes got suicided with 5 rifle shots to the back of the head for way less. Get real brah...

Sat, 01/12/2013 - 22:44 | 3148041 MeelionDollerBogus
MeelionDollerBogus's picture

Random GUY?

Wikileaks is more than 1 person & OpenLeaks is out there too, as is Anonymous.

How did you conclude the entire operation is the one guy getting the government to waste their time & money on him instead of hunting future leakers?

Wed, 01/09/2013 - 23:37 | 3139600 Count de Money
Count de Money's picture

Yes, why isn't Jon Corzine in jail for stealing and blowing $1.2 billion of investor money? Or Franklin Raines, the ex-CEO of Fannie Mae and, while there's plenty of blame to go around, the person probably most responsible for the housing meltdown? Or tax cheats Tim Geithner and Charlie Rangel? Why isn't the press hounding these people 24/7?

Oh, because they're Democrats.

Wed, 01/09/2013 - 23:53 | 3139644 NoDebt
NoDebt's picture

No, they're liberals.  There's a difference.

But boil it all down to the most basic level and they're a minority that has found a way of grabbing power and suppressing the majority who do not agree with them or their ideas.  They don't even believe in what they say, they just say what has to be said to gain power.  You want wealth, they'll promise it to you.  You want "real" justice, they'll promise it to you.  You want to be heard, they will pretend to listen.  All they ask in return is that you give them the power to grant you everything they have promised to you.  But when you do, they will take that power and give you none of what they promised. 

They're con men.  Oldest trick in the book.  Give me what I want first, then I'll give you all you desire.  Promise.

 

Thu, 01/10/2013 - 05:51 | 3140067 Acet
Acet's picture

Meanwhile in the UK, the ex-head of the Financial Services Authority, who was right there at the top of the regulator when LIBOR was happening (and did NOTHING), just got a Knighthood.

Can't make this shit up.

Wed, 01/09/2013 - 23:38 | 3139603 q99x2
q99x2's picture

How is this possible? Answer: Eric Holder. 

He is the most notorious crimminal in the US at this time. As far as HSBC, drug running operations has been a part of their business model since at least the 1600s.

How do you think Queenie got her treasures? Answer: not by being a decent human being.

Thu, 01/10/2013 - 01:35 | 3139827 palmereldritch
palmereldritch's picture

   As far as HSBC, drug running operations has been a part of their business model since at least the 1600s.

Nailed it.

Details here:

http://deanhenderson.wordpress.com/2011/08/10/the-worlds-dirtiest-bank-h...

In July 2011, First Niagara Financial Group announced that it would buy 195 retail bank branches in New York and Connecticut from HSBC for around $1 billion. [1]  HSBC had acquired the branches when it bought the spooky Marine Midland in 1980.  According to Global Finance, the UK-headquartered HSBC Holdings is the world’s 3rd largest bank with $2.36 trillion in assets. [2]  Formerly known as Hong Kong Shanghai Bank Corporation, HSBC has served as the world’s #1 drug money laundry since its inception as a repository for British Crown opium proceeds accrued during the Chinese Opium Wars.  During the Vietnam War HSBC laundered CIA heroin proceeds....

Thu, 01/10/2013 - 07:54 | 3140122 lakecity55
lakecity55's picture

Back in the day, if you were a real terrorist and you got busted, Eric was the man to call.  Many arrested terrorists had his phone number on them when busted.

Wed, 01/09/2013 - 23:41 | 3139612 F. Bastiat
F. Bastiat's picture

And yet, not a word from Matt Taibbi regarding the hundreds of Latinos gunned down by the high-powered rifles smuggled into Mexico by swarms of the despot's officers; most notably the individual occupying the head position at the central bureau of injustice.

Wed, 01/09/2013 - 23:52 | 3139642 dvfco
dvfco's picture

Matt Taibbi has turned into a pinko communist leftis whore just like the rest of the msm.  He's gone from being a reporter to a real piece of garbage.  

 

By the way, isn't it great that we are in such straits and Obama's second term hasn't even started.  How many millions will be spent having him lie while taking the oath of office again - then partying the night away with all those who went with the "If you can't beat 'em, join 'em group."

Wed, 01/09/2013 - 23:57 | 3139655 F. Bastiat
F. Bastiat's picture

I'm encouraged by the resistance, actually. We're getting better at it now that we know the routine of the collectivist left.  They're not exactly difficult to predict.

Thu, 01/10/2013 - 01:20 | 3139844 jomama
jomama's picture

another bullshit post deluded over a false paradigm.  

both sides of the aisle have been fully captured, numbnuts.

Wed, 01/09/2013 - 23:44 | 3139623 adr
adr's picture

The rule of law should bring back what we have lost.

Law 1: Respect

Law 2: Personal responsibility

Law 3: Local Community

Path to what we have lost:

Kill all those who wish to receive compensation without work, end fractional reserve banking, and disband the federal government. Can't figure out how to add to constructive society, well then you die.

Really not too hard.

Thu, 01/10/2013 - 00:01 | 3139665 Apply Force
Apply Force's picture

"Kill all those who wish to receive compensation without work, end fractional reserve banking, and disband the federal government. Can't figure out how to add to constructive society, well then you die."

No argument about disbanding the fed gov or ending fractional reserve banking, but the killing and death you suggest dealing out would make you no better than the state now.  Why must another participate constructively to society to not be killed? 

I think maybe you need to think through your premise a little more.

Thu, 01/10/2013 - 00:07 | 3139681 F. Bastiat
F. Bastiat's picture

Cut off the spoils of plunder and they'll take it out amongst themselves. Let the savages and barbarians pillage each other.

Thu, 01/10/2013 - 00:58 | 3139795 mayhem_korner
mayhem_korner's picture

 

 

How about getting back to respecting original, God-given natural law, which has been incrementally, but forcibly removed from its central place in society?

Do NOT follow this link or you will be banned from the site!