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'Liberty Reserve' And Why Some Money Launderers Are "More Equal" Than Others

Tyler Durden's picture





 

Submitted by Michael Krieger of Liberty Blitzkrieg blog,

“All animals are equal, but some animals are more equal than others.”
-
 George Orwell’s Animal Farm

It’s been many, many years since I read George Orwell’s Animal Farm, but the message conveyed in it will remain with me forever.  The book is many things, but more than anything else, it is a portrayal and critique of human nature and the political systems that we create. For those that need a refresher, or have not read the book, here’s the basic plot.

There’s a farm headed by a Mr. Jones, who drinks so much he becomes unable to take care of the farm and feed the animals.  Over time, the animals (in particular the pigs), decide human beings are parasites and the pigs lead a revolt and run Mr. Jones off the property.  They change the farm’s name from Manor Farm to Animal Farm and create a list of 7 commandments.  They are:

  1. Whatever goes upon two legs is an enemy.
  2. Whatever goes upon four legs, or has wings, is a friend.
  3. No animal shall wear clothes.
  4. No animal shall sleep in a bed.
  5. No animal shall drink alcohol.
  6. No animal shall kill any other animal.
  7. All animals are equal.

Rather quickly, the pigs assume leadership over the farm and one pig in particular, Napoleon, consolidates power after running his primary competitor off the property.  It goes downhill from here fast.  The pigs start to walk on two legs, drink alcohol and sleep in beds, amongst other things. Understanding that their new lifestyle in in direct contrast with their original seven commandments, they simply decide to make some adjustments.  The adjustments are:

  1. No animal shall sleep in a bed with sheets.
  2. No animal shall drink alcohol to excess.
  3. No animal shall kill any other animal without cause.

Rather quickly, even these adjustments becoming too binding for the glutinous and power hungry pig oligarch class.  They decide to just condense everything down to one commandment:  All animals are equal, but some animals are more equal than others.

The above process is one for the ages, a process that has been reenacted time and time again by our species over the millennia.  It is exactly what is happening in these United States right now.

The reason I spend so much time on the Constitution and civil liberties these days is because I can see the above unfolding right before my eyes.  I also see an opportunity to stop it before it reaches its final, most destructive stage.  Whether it’s the Department of Justice turning journalism into a criminal act, the IRS going after political enemies, or our Noble Peace Prize winning President droning thousands of innocent men, women and children all over the world with flying robots, the oligarch class in this country is dismantling the Bill of Rights one amendment at a time.

 

Once the founding document that has served this nation so well over the centuries (certainly not perfectly, but still far better than other nations), is chipped away at enough that it is rendered meaningless, the final more brutal and in your face feudal structure will be implemented.  We cannot allow this to happen under any circumstances.

There are countless examples of rampant criminality and corruption as well as blatant evidence of a two-tier system of justice in America today.  Too many to note or write about, but in this case I want to focus on this concept of “money laundering” in light of the recent shutdown of Liberty Reserve.  This is how the Wall Street Journal describes the story:

The money was virtual, but prosecutors say the crime was real.

 

Officials brought charges against a group of men who allegedly manufactured an Internet-based currency to launder about $6 billion in ill-gotten gains, a sign of authorities’ rising concern with digital cash.

 

Liberty Reserve, which was incorporated in 2006, was a “bank of choice for the criminal underworld,” according to the indictment, which said the operation allegedly laundered the money through 55 million transactions before it was shut down earlier this month. The company has about one million users world-wide, including about 200,000 people in the U.S., according to prosecutors. They called the plot one of the largest money-laundering operations ever uncovered.

 

A spokesman for Liberty Reserve couldn’t immediately be reached for comment. Prosecutors said Tuesday that they arrested five of the seven men charged in the indictment Friday in Spain, Costa Rica and Brooklyn, N.Y., and charged them with operating an unlicensed money-transmitting business. The officials said they plan to seek extradition of those arrested abroad, and that the two remaining men are at large.

 

On Tuesday, in the first use of the 2001 Patriot Act against a virtual currency, the Treasury Department invoked a section of the law to choke off Liberty Reserve from the U.S. financial system. The Treasury’s proposal would prohibit U.S. financial institutions from opening or maintaining accounts for foreign banks that process transactions for Liberty Reserve and require special steps to guard against any transactions involving it.

Ok, now let’s compare the above to the way the authorities went after major financial institutions found laundering hundreds of millions of drug cartel money. HSBC is the most high profile example.  From Reuters:

(Reuters) - HSBC Holdings Plc agreed to pay a record $1.92 billion in fines to U.S. authorities for allowing itself to be used to launder a river of drug money flowing out of Mexico and other banking lapses.

 

Mexico’s Sinaloa cartel and Colombia’s Norte del Valle cartel between them laundered $881 million through HSBC and a Mexican unit, the U.S. Justice Department said on Tuesday.

 

“We accept responsibility for our past mistakes. We have said we are profoundly sorry for them, and we do so again. The HSBC of today is a fundamentally different organization from the one that made those mistakes,” HSBC Chief Executive Stuart Gulliver said.

 

Bank officials repeatedly ignored internal warnings that HSBC’s monitoring systems were inadequate, the Justice Department said. In 2008, for example, the CEO of HSBC Mexico was told that Mexican law enforcement had a recording of a Mexican drug lord saying that HSBC Mexico was the place to launder money.

 

No bank or bank executives have been indicted. Instead, prosecutors have used deferred prosecutions, under which criminal charges against a firm are set aside if it agrees to conditions such as paying fines and changing its behavior.

The difference in approach and in the application “justice” could not be more clear.  In the case of Liberty Reserve, the entity was isolated from the U.S. financial system and those arrested will be targeted for extradition.  Meanwhile a global manhunt is most likely on for the two remaining men at large.  In other words, “money laundering” was uncovered and the “justice” in this case is that the operation was closed and the participants arrested.  Ok.

Compare that to the HSBC settlement.  No bank or bank executives were indicted despite  the clear fact that there was a great deal of irresponsibility and criminality involved here.  Not only that, but the bank merely has to pay a portion of its profits and life goes on.  Like the IRS agents, they say they are “sorry” and promise to never do it again.  That’s what happens when oligarchs or their minions break the law.  When a regular citizen breaks the law, your life is ruined forever.

The crackdown on Liberty Reserve has nothing to do with “money laundering.”  It’s about a cartel of “too big to jail” banks and the fraud financial system they operate eliminating any players that try to encroach on their turf.  That isn’t capitalism, or socialism and it certainly isn’t anything close to freedom.  It is a parasitic, oligarch created feudalistic structure that must be done away with.  I often hear people say “we never learn from our mistakes.”  Incorrect.  People learn from their mistakes when there are consequences to their actions.  Of course criminals don’t learn from their mistakes when there are no serious consequences to their crimes.  Jail time would do the trick for a lot of bankers, politicians and bureaucrats.

In the meantime: Some money launderers are simply more equal than others.

 


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Thu, 05/30/2013 - 21:52 | Link to Comment Zero_Sum
Zero_Sum's picture

Saw this story a few days ago. I was wondering how long it would take to hit ZH.

 

Thu, 05/30/2013 - 22:03 | Link to Comment Al Gorerhythm
Thu, 05/30/2013 - 22:10 | Link to Comment CH1
CH1's picture

This IS tyranny.

Thu, 05/30/2013 - 22:14 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Just bear in mind that the guys who arrested them were the same guys who some believe will not turn on us if push comes to shove.

Thu, 05/30/2013 - 22:29 | Link to Comment otto skorzeny
otto skorzeny's picture

I think more and more people are becoming aware of the fact that these fucking donut eaters are part of the problem.

Thu, 05/30/2013 - 22:33 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Propaganda works.  Many of the popo see us as "civilians," which is code for the useless eaters who need to get in line.

Thu, 05/30/2013 - 22:43 | Link to Comment otto skorzeny
otto skorzeny's picture

Too much cop-worship by MSM and Hebeywood gives them an exaggerated sense of self-worth. 

Fri, 05/31/2013 - 01:41 | Link to Comment Andy Lewis
Andy Lewis's picture

Gotcher Hebeywood right here, fuckface.

 

On edit: 8 junks?  This place must be a confederacy of dickroaches.

Fri, 05/31/2013 - 03:52 | Link to Comment malikai
malikai's picture

It is becoming infested with dickroaches.

Where do you [people] keep coming from?

Fri, 05/31/2013 - 06:31 | Link to Comment g speed
g speed's picture

please be the first to pull down your drawers and bend over when the time comes---remember those closest and the most fanatical are the first to be purged.

Fri, 05/31/2013 - 07:32 | Link to Comment merizobeach
merizobeach's picture

Well, then, fuck you, Andy Hebeywood Lewis; fuck you right in your fuckface.

Thu, 05/30/2013 - 22:50 | Link to Comment LetThemEatRand
LetThemEatRand's picture

It's a lot more than that.  And as an aside, the Jew angle is EXACTLY the same thing you are pissed about.  They love to divide us by race, religion, Red Team, Blue Team, etc.

Fri, 05/31/2013 - 00:28 | Link to Comment Buckaroo Banzai
Buckaroo Banzai's picture

"You know the score, pal. You're not cop, you're little people!"

Thu, 05/30/2013 - 22:37 | Link to Comment SafelyGraze
SafelyGraze's picture

in my home country, people were depriving the government of taxes by eating food they grew on their land. also they were depriving vendors of revenue that would have been received through the sale of food.

the problem has been corrected by charging people whenever they eat food grown on their land. it is a "virtual purchase" tax. kind of like paying a restaurant when you bring your own bottle.

the tax is split between the government and the vendors of the foods you failed to purchase due to your own stubborn instistance on eating food you grew yourself.

it works really well.

 

Thu, 05/30/2013 - 22:53 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

Boris' cousin?

Thu, 05/30/2013 - 23:44 | Link to Comment Terminus C
Terminus C's picture

citation?

Fri, 05/31/2013 - 06:02 | Link to Comment malikai
malikai's picture

Uh, what country is that?

I have an avoidance list. Just want to make sure I check and add as necessary.

Fri, 05/31/2013 - 06:56 | Link to Comment Downtoolong
Downtoolong's picture

Right here in the good ol USA. It's little different in concept when property tax authorities raise rates to maintain constant tax revenues as property values fall.   

Fri, 05/31/2013 - 07:53 | Link to Comment merizobeach
merizobeach's picture

Brutal video; thanks for sharing.  I accidentally put it on fullscreen, and when one of those douchebag pigs got his face up in the camera, I started shouting at him and flipping him off.  Almost made me want to be there to deliver the abuse in person, but having been arrested by similar thugs before for circulating ballot initiative petitions (on the sidewalk of a closed-to-vehicles street at Denver's "People's Fair", of all places), as much as I would love to return to those cops some of the hate they have for us, that would mean my traveling back to the USuckAss, and that's not going to happen.  I used to be a patriot; not anymore.  I'd rather live an enjoyable life in a decent part of the world rather than fight that old good futile fight and then die still fighting it without having accomplished anything but having watched the ever-rising tide of tyranny in my face the entire time.  All of you who somehow still live there can keep that stinking country; I get plenty of exposure here on ZH, and though I'm always happy to read it here, I'm also happy to click close when I'm done and have no more to do with it.  Save yourselves, bitchez.  Best of luck to you.

Fri, 05/31/2013 - 08:46 | Link to Comment pazmaker
pazmaker's picture

happy for you man!...but isn't Guam a US territory?

Wed, 06/05/2013 - 12:27 | Link to Comment merizobeach
merizobeach's picture

Yes, it is, bro.  Although Guam is rather paradisical, I stayed there just for the years of university.  And although it is technically a colony of Big O's fascist serfdom, I'd still recommend a nice long stint there and a survey of the outter islands, of which there are many; don't miss Palau.  :-)

Thu, 05/30/2013 - 21:55 | Link to Comment fonzannoon
fonzannoon's picture

There is nothing left say about these types of stories.

Thu, 05/30/2013 - 22:46 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

Oh, we'll come up with something for this, and each new one.

 

With attendant wording like FUCKING PIGS or some sort.

 

We'll do just fine.. 

Fri, 05/31/2013 - 06:14 | Link to Comment Bendromeda Strain
Bendromeda Strain's picture

One could say "it wasn't the pigs that were glutinous - it was the horses".

Thu, 05/30/2013 - 21:59 | Link to Comment LetThemEatRand
LetThemEatRand's picture

In related news, Labron James -- who makes $200K per game not counting endorsements -- was fined $5000 for flopping.  Like the bankers, he expressed his disappointment with the penalty but expressed his endorsement of the justice of the system whilst climbing into his million dollar car.

Thu, 05/30/2013 - 22:16 | Link to Comment grunk
grunk's picture

Too Big To Suspend.

Thu, 05/30/2013 - 21:58 | Link to Comment One And Only
One And Only's picture

No one gives two cunty fucks.

This is America, land of the home, free of the brave.

Thu, 05/30/2013 - 22:25 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I Pledge Allegiance, to the Articles of the United States of Incorporation.  And to the Bondholders, for which it Stands, with Liberty and Justice for None.  Amen.

Thu, 05/30/2013 - 22:32 | Link to Comment grunk
grunk's picture

You had me until "Amen."

Now I'm going to sue, get treble damages, take your house and your dog. 

Thu, 05/30/2013 - 22:36 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I added it because most of the people who love the pledge are the same folks who want the government to require school prayer.  God Bless the United States of America.  And fuck the Godless Muzzies and their kids.

Thu, 05/30/2013 - 22:46 | Link to Comment newengland
newengland's picture

One nation under God, founded by protestants. Others come to the USA, escaping the horror of their failed lands.

The ingrates are ripping each other apart, much as they did in their nations of origin.

Thu, 05/30/2013 - 22:51 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Remind me who did the witch trials.

Thu, 05/30/2013 - 23:29 | Link to Comment Pure Evil
Pure Evil's picture

Damn Germans.

Thu, 05/30/2013 - 23:51 | Link to Comment LetThemEatRand
LetThemEatRand's picture

All of them?

Thu, 05/30/2013 - 23:40 | Link to Comment forexskin
forexskin's picture

the rye ergot was good - ummm, or not...

Fri, 05/31/2013 - 12:11 | Link to Comment Lost Word
Lost Word's picture

There were at that time plenty of witch trials in Europe, run by both Protestants and Catholics.

Plenty of witch trials today also, under the name of Government tyranny and new Psychiatry definitions of mental illness, sufficient to deny citizens of their Constitutional rights.

Thu, 05/30/2013 - 22:39 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

and/or Neoliberal Injustice for ALL.

Thu, 05/30/2013 - 21:58 | Link to Comment Saucy-Jack
Saucy-Jack's picture

HSBC has been laundering money since the 18th Century. Can you say opium?

Thu, 05/30/2013 - 22:00 | Link to Comment Room 101
Room 101's picture

And they'll be doing it in the 22nd century.  Who cares?  It's just the way it is.   

Thu, 05/30/2013 - 23:41 | Link to Comment Arkadaba
Arkadaba's picture

I care

Fri, 05/31/2013 - 01:33 | Link to Comment James_Cole
James_Cole's picture

And they'll be doing it in the 22nd century.  Who cares?  It's just the way it is.   

Apathy - the most reliable ally to tyranny. 

Fri, 05/31/2013 - 04:48 | Link to Comment BringOnTheAsteroid
BringOnTheAsteroid's picture

Non apathetic posts on ZH is not going to change shit either.

Let me try. FUCK YOU HSBC, FUCK YOU BERNANKE.

Arms crossed, tapping foot, looking around . . .

Nup, nothin. Not even a hint of revolution. In fact a teenage girl just walked past and spat her gum at my feet.

Fri, 05/31/2013 - 06:47 | Link to Comment g speed
g speed's picture

you are looking for love in all the wrong places---Q: did JPM go after you or after Lieman??? A: "they" don't know you and besides they will only go after those that are a threat including and most probably thier partners in crime and power.

thought for today--"the meek shall inheirit the earth".

Fri, 05/31/2013 - 10:48 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

You did fine until the last line.

No one here (but the most gullible of sheep) believes that one.

Fri, 05/31/2013 - 12:14 | Link to Comment Lost Word
Lost Word's picture

It is a mis-translation of the original Aramaic language into Greek.

Thu, 05/30/2013 - 22:36 | Link to Comment grunk
grunk's picture

Who is HSBC?

Not what does it stand for. Who runs it?

Where do they live?

Where do their kids go to school?

Fri, 05/31/2013 - 06:40 | Link to Comment g speed
g speed's picture

saucy jack-----

ah yes---the court jew--(wiki) -that is how the power is consoladated. The crown uses the gold and the financers use the crown and that is probably where "bucky" Fuller came up with "the whole is greater than the parts"

Fri, 05/31/2013 - 07:31 | Link to Comment Dick Buttkiss
Dick Buttkiss's picture

But to say that HSBC is the worst at present is to forget about the billions in Mexican drug money that Wachovia laundered:

http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs

Kreiger is right, though, that this isn't about money laundering but whose monetary system gets to control it as the rationale for destroying financial privacy.

Gooooooooo BITCOIN.

http://www.amazon.com/Bitcoin-Exposed-Complete-Tomorrows-ebook/dp/B00COY...

Thu, 05/30/2013 - 21:59 | Link to Comment Room 101
Room 101's picture

This type of story is no longer news.  That we have a two or three tiered legal system is simply accepted fact.  Same as it was yesterday, same as it is today, same as it will be tomorrow.  Why waste the electrons to write about it? 

Thu, 05/30/2013 - 22:35 | Link to Comment Row Well Number 41
Row Well Number 41's picture

Go Die

 

#41

Fri, 05/31/2013 - 07:17 | Link to Comment Room 101
Room 101's picture

Naaaah.  Think I'll stick around and laugh at you.

Fri, 05/31/2013 - 07:33 | Link to Comment Dick Buttkiss
Dick Buttkiss's picture

When I say that the state can kiss my ass, that includes shills for the status quo like you.

Fri, 05/31/2013 - 00:15 | Link to Comment grunk
grunk's picture

2 or 3 tiered legal system = No legal system

Let the games begin.

 

Thu, 05/30/2013 - 22:01 | Link to Comment Hayabusa
Hayabusa's picture

Uh, the animals (sheeple) are too "domesticated" and stupid to make these sorts of distinctions, let alone

become upset by the blantant criminality/double standard illuminated by this article. They'd prefer to watch

reality TV.

Thu, 05/30/2013 - 22:05 | Link to Comment newengland
newengland's picture

Your sort hopes for that.

Thu, 05/30/2013 - 22:13 | Link to Comment Room 101
Room 101's picture

And they're showing themselves to be a helluva lot smarter than those who get themselves all fired up about it.  You could post 1000 of these articles and howl with angst each time and the end result will still be the same. Might as well do something you enjoy instead.  

Thu, 05/30/2013 - 22:45 | Link to Comment akak
akak's picture

Tell me, do you enjoy the taste of your masters' boots, or do you lick them out of pure loyalty?

Fri, 05/31/2013 - 03:56 | Link to Comment malikai
malikai's picture

I do it for the calories.

Fri, 05/31/2013 - 08:16 | Link to Comment Room 101
Room 101's picture

I don't engage in bootlicking, I just laugh at those who think they're going to change the status quo by posting remarks on this website.

I should instead ask you how those boots taste? It's not like you're actually doing anything by venting your spleen on ZH.  You're merely doing your part to reinforce the power structure.  The TPTB thank you for helping provide a relief valve for those who want to bitch about how badly massa's been treating them.  Moreso, you're helping do your part to identify those who might eventually be a threat. You don't really think your posts or anyone else's are all that anonymous, do you?

The hilarious part is that you're acting as both a stooge and a stool pigeon and don't even realize it.    

 

Fri, 05/31/2013 - 12:30 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

I didn't agree with your above comments, and don't 'like' what you said in this one, but at a purely intellectual level I think you make a valid point.

Where you stop short, is to not offer a better solution and are therefore 'bitching' like the people you accuse. I'm happy to offer my suggestions, as I have in the past, but I (and others, no doubt) would love to hear your solution. Besides rolling over, and asking them to be gentle.

Fri, 05/31/2013 - 12:49 | Link to Comment Lost Word
Lost Word's picture

Did Patrick Henry win the War by himself alone ?

Thu, 05/30/2013 - 22:03 | Link to Comment espirit
espirit's picture

Burn it down.

Fuck it. Burn.it.all.down.

Thu, 05/30/2013 - 22:17 | Link to Comment Room 101
Room 101's picture

Burn what down?  Your own house? Your local supermarket?

Gee that'd be smart. Why not light yourself on fire buddhist style?  If you light a fire you'll be warm for a short time.  Set yourself on fire and you'll be warm for the rest of your life.   

Thu, 05/30/2013 - 22:26 | Link to Comment espirit
espirit's picture

This is Fight Club, remember?

Thu, 05/30/2013 - 22:31 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

 

I DO

Fri, 05/31/2013 - 08:14 | Link to Comment Room 101
Room 101's picture

Fight Club?  I used to think that, but I actually think it's more like the Crying Game.  Just with more profanity and more political correctness towards select social, racial, and religious groups.   

Fri, 05/31/2013 - 12:47 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

You hit hard with some well placed words.

But I think that you and many others fail to see some of the key reasons of this FC: To educate and help spread the word. Aside from supporting a good biz model for its founders, who absolutely love fiery exchanges, as these are all rolled into the site stats... For ads and profitability. And, lest the less swift jump on me for this, let me point out that I did not critize their biz model, but simply stated what it is.

Insofar as TD et al want ZH to grow, I do think that it needs a wider appeal. To that end, it needs to have some rules of civility. We can still 'provoke', inform, educate or disagree -- w/o being disagreeable (obscene, offensive). More honey (on the flystrip), less vinegar.

Fri, 05/31/2013 - 04:51 | Link to Comment BringOnTheAsteroid
BringOnTheAsteroid's picture

. . . and hold some marshmallows so it'd be like a camping trip.

Thu, 05/30/2013 - 22:04 | Link to Comment newengland
newengland's picture

It is a death wish to fight the enemy on its own turf.

Wait. Be patient. Let the enemy implode or walk into a trap of its own making, eg unregulated otc derivatives equal to more than the world's gdp. 

The money sharks will kill each other...unless there is a diversion whereby they can kill others and escape their fate.

Thu, 05/30/2013 - 22:11 | Link to Comment CH1
CH1's picture

Stop feeding the tyrants!

Thu, 05/30/2013 - 22:04 | Link to Comment Troy Ounce
Troy Ounce's picture

 

That's great analysis Mike and I love your writing. But the problem is more that nobody gives a flying fuck.

 

All words but the tummy is full, the TV on and the beer cold. Even the chicken in Animal Farm were enraged.

 

 

 

Thu, 05/30/2013 - 22:08 | Link to Comment newengland
newengland's picture

Only 3% fought in the War of Independence. The rest aided suppy lines or shut up, and got out of the way...or aided the monarchists or fled to Canada.

The war of independence is fought by the clever few, not the cowards.

Thu, 05/30/2013 - 23:55 | Link to Comment Terminus C
Terminus C's picture

"The war of 'independence'" was fought by a local oligarch group against a... not as local oligarch group.  Sharks eating sharks as was posted above.  Most of what you 'know' about the American Revolution is propaganda.

George Washington was the, or one of the, richest men in America and the Constitution and the Bill of Rights did not apply to all people at the founding of the union.  I appreciate your anger, as I feel it too, but the only truly 'middle class' revolution was the French Revolution but it was a disorganized clusterfuck that quickly led to the establishment of a new/renewed oligarchy.  Humans are, unfortunately, mostly herd animals and, also unfortunately, those who are not sheep are much more likely to be wolves than sheepdogs.

Fri, 05/31/2013 - 00:10 | Link to Comment disabledvet
disabledvet's picture

I don't recall George Washington being demanded to be called Emperor. I don't recall the Founding Fathers telling everyone "we're you're new masters now." I do recall them doing everything in their power to create a new legal framework for Governance...one that included (on their honor) a Bill of Rights...one that has been so shredded now as to be almost unrecognizable...in pursuit of what i have no idea. Back then people still voted. back then people still had property rights. back then people still went to church to get to know one another. back then you buy land at one dollar an acre. back then we weren't starving to death. phuck the trappings of evil modernity. it used to give us a lot...not it has turned on us and is devouring us. not sure i'm ready to say "we're better off literally living underground"...but a cabin off the grid sure doesn't sound bad to me. plus the characters back then were a lot more interesting. other than here where are the interesting people anymore? to me this was the only good moment in television history: http://www.youtube.com/watch?v=8UZV7PDt8Lw has Apple itself been the progenitor of this Brave New World now? How ironic...

Fri, 05/31/2013 - 13:01 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

Psi's new utube video got 21 million hits on its first day. How's that for perspective?

Unless you're planning to start a new political party or religion (which quickly becomes a biz model), you're best not trusting someone who wants to do it for "the little sheople".

No doubt that revolutions are required periodically, but don't have any illusions about who has what role to play. At my age, my role is 'limited' to avoid feeding the Beast and being smart as to how I educate others.

Fri, 05/31/2013 - 10:12 | Link to Comment e-recep
e-recep's picture

the french revolution was a masonic movement. they got the backing of the commoners and executed their own program. the common people are sheeps, some even call them sheeple, they need to be herded by a shepherd. back then the shepherd was a bunch of masons in france, and george washington in colonial america.

you know the motto "liberté, égalité, fraternité", right? the "fraternité" part refers to the masonic brotherhood. there ya go.

Fri, 05/31/2013 - 12:30 | Link to Comment Lost Word
Lost Word's picture

Freemasonry goal of eliminating Christianity and Christian kings, and replacing with Jewish kings.

Thu, 05/30/2013 - 22:06 | Link to Comment q99x2
q99x2's picture

Obviously time to join a literary society. Members of the Samuel Johnston Society are invited once a year to the Huntington Museum and Library of Art to participate in wine drinking, manuscript reading and then an 18th century dinner chosen from an 18th century menu.

Thu, 05/30/2013 - 22:13 | Link to Comment newengland
newengland's picture

TV better, innit? 

Great books occupy good minds. TV and Hollywood dominate small minds.

Thu, 05/30/2013 - 22:16 | Link to Comment A Lunatic
A Lunatic's picture

We wouild be better off having the Mafia as leadership in this country..........

Thu, 05/30/2013 - 23:16 | Link to Comment Al Gorerhythm
Al Gorerhythm's picture

Too late.

Thu, 05/30/2013 - 23:20 | Link to Comment DaveyJones
DaveyJones's picture

you mean we don't?

Fri, 05/31/2013 - 12:50 | Link to Comment Lost Word
Lost Word's picture

Jewish Mafia.

Thu, 05/30/2013 - 22:18 | Link to Comment Wanton1
Wanton1's picture

Germany about to make fuel from carbon dioxide and water.

Queston:   Is Germany "laundering" greenhouses gases?

Thu, 05/30/2013 - 22:18 | Link to Comment Payne
Payne's picture

easiest way to money launder.  Buy an old gold mine.  

Thu, 05/30/2013 - 22:31 | Link to Comment newengland
newengland's picture

Easier: buy a politician. They are cheaper, and more immediately useful.

There is a glut of them. Supply outstrips demand, munchkin.

Thu, 05/30/2013 - 23:21 | Link to Comment DaveyJones
DaveyJones's picture

and their high fat content makes good insulation

Thu, 05/30/2013 - 23:19 | Link to Comment newengland
newengland's picture

How to keep a million? Give a bank a billion.

This fiatsco is dead as a dodo, and the parasites are picking over the carcass.

Today, Massachusetts admitted that there is rampant fraud in EBT. Who knew?! Everyone. Now the career politicians put forward a solution: an agency to deal with such fraud.

If you or I committed fraud, we would be referred to the police or IRS and prosecuted, wind up in jail.

But the special pets of politics find ways to cover their fraud, and their client fraudsters.

EBT is meant to be for genuinely poor people, but career politicians have failed them and us, the taxpayers.

Fraud is rampant when career politicians are lazy and venal, looking forward to their next job, paid by big corporations who rake in massive $ from government systems.

JP Morgue runs the food stamp program.

 

Thu, 05/30/2013 - 22:20 | Link to Comment MrBoompi
MrBoompi's picture

There are about 300 million people who either have no clue what's going on or don't give a fuck. There are a few hundred who really care and would fight for justice. The rest are the oligarchs and they own the government, the banks, the military, the food supply, the energy supply, and the media. Good fucking luck. Unfortunately things will have to become much worse before people start giving a shit.

Thu, 05/30/2013 - 22:28 | Link to Comment newengland
newengland's picture

Money talks, and bull$hit walks. QE is a desperate ploy by those who know they blew up the world financial system by letting boys do men's work.

 

Bow down to your political and central bankster  failures if you wish, but don't ask anyone else to join you.

Forward! Tractor production up! Hilary 2016! McCain in Syria for al-CIAda terrorists! 

Kill more people! Especially the brown ones, and the soldiers!

Up the Revolution Trilateral Commission AshkeNAZI! Plus their lil helper Rockefeller and shill Kissinger!

Thu, 05/30/2013 - 23:22 | Link to Comment DaveyJones
DaveyJones's picture

luckily(?), things will

Thu, 05/30/2013 - 22:22 | Link to Comment I need Another Beer
I need Another Beer's picture

Reckon I will be eating a lot more bacon.

 

 

Grab me a cold one bitch !!

Thu, 05/30/2013 - 22:23 | Link to Comment Cheyenne
Cheyenne's picture

HSBC, above the law based on cronyism, you say? Well, let me tell you, Messrs. Durden and Krieger: Obama's new FBI man, James Crony, er, Comey, absolutely will not tolerate any cronyism in the application of justice...

http://www.cnn.com/2013/05/29/politics/fbi-director-nominee/index.html ("Currently, Comey is a board member of HSBC Holdings...")

Thu, 05/30/2013 - 22:38 | Link to Comment newengland
newengland's picture

The Hong Kong and Shanghai Bank which was founded on the British opium trade turns out to be the world's biggest money laundering bank for drug runners and corrupt governments?

Shocked. I'm shocked that there is gambling in their den of British thieves.

Does this mean that the USA will hang the banksters? 

Errr...no. Not since the founding of the un-Federal no-Reserve Board of 1913 by the AshkeNAZI, aided by traitors like JP Morgue, Rockefellers and the Bush family just to name a few.

Thu, 05/30/2013 - 23:22 | Link to Comment ayanni
ayanni's picture

+1000!  Comey serves on the board of directors for HSBC?!  You have got to be kidding me! 

Thu, 05/30/2013 - 22:26 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

and some animals left the farm while the Drunken Farmer was being run off.

They grazed freely and lived happlily ever after far from the pigheaded pigs.

The End.

 

Decay and Corruption Are Unsustainable.  In social systems, better to quietly, at all costs, get out of the pull of decline then assume the crash can be averted or stopped.  

 

Thu, 05/30/2013 - 22:45 | Link to Comment Not Particular
Not Particular's picture

I really like the passionate speech on Zero Hedge, and this is one of Tyler's best posts. But when the comments get into swearing via female sexual parts, I'm going to give a red arrow every time. If you want to swear like a he-man, refer to male sexual parts instead.

Thu, 05/30/2013 - 22:52 | Link to Comment newengland
newengland's picture

Penis? Gosh. Get's so confusing keeping up with kiddults.

Thu, 05/30/2013 - 22:55 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

OK, I'll, ehem, bite..

 

PUSSY!

 

There.

Thu, 05/30/2013 - 23:11 | Link to Comment newengland
newengland's picture

Fail. Must try harder ;-)

Musn't disappoint the voyeurs.

Thu, 05/30/2013 - 23:38 | Link to Comment Pure Evil
Pure Evil's picture

Can I assume Liberty Reserve wasn't FDIC insured and nobody is getting their FIATs back?

Thu, 05/30/2013 - 23:42 | Link to Comment MarsInScorpio
MarsInScorpio's picture

This was emailed to Peggy Noonan of the WSJ:

In reading your column of May 23, 2013 in the WSJ, I noted something that you brought out that has not been discussed, but means that this politicization goes far beyond the IRS.

You wrote:

“But the most important IRS story came not from the hearings but from Mike Huckabee's program on Fox News Channel . . .”

You discussed the case of Catherine Engelbrecht, who had applied for a tax-exempt certification from the IRS. In your column, you noted that in addition to the IRS, Mrs. Engelbrecht was also  investigated by the FBI, the ATF, and OSHA.

With your busy schedule and press of business, I don’t know if the terrifying significance of that paragraph really hit you. What you wrote means that someone, at some level of control over those agencies, had to order that these agencies be contacted, and directed to focus on Mrs. Engelbrecht.

By extension, it means that some group of people coordinated these agencies, reviewed their actions, decided how to proceed, and reported all this back to the initiator of the operation for a call on how long to continue the operation, and as you can see, make the decision to move additional law enforcement agencies into a waterfall of agencies to dramatically step up the pressure on Mrs. Engelbrecht.

That means this is not a story only about the politicization of the IRS; it is a story about the politicization of the most powerful, and  feared, law enforcement agencies in America. All four of these agencies ran a coordinated operation targeting Mrs. Engelbrecht.

As you also wrote, “That is some kind of coincidence.”

You and I both know this is no coincidence. It is not a matter of if, it is a matter of who.

These agencies didn’t decide on their own to do this. Someone in the administration – since that is the only level at which there would be a nexus for controlling all these agencies – ordered this operation, and some group of people reporting to that nexus coordinated it.

This is nothing less than the machinations of a criminally corrupt government – criminally corrupt within each agency and criminally corrupt at the level of command and control over the entirety of these agencies.

Putin would be proud of the way the US now emulates his technique to control the nation. And I’d like to note – that statement is a statement of fact, not fringe. It is a fact this occurred.

Imagine having those four law enforcement agencies, each one piling up on top of the other, coming after you.

Ms. Noonan, if you had not risen to the place in our society that you occupy, and were rather in that of a Mrs. Engelbrecht, how long would it take before you feared every new face walking through the door, and every ring of the phone? How long would it take to bring on sleepiness nights, filled with the fear that the next visit will bring an arrest warrant? How long before you were filled with anxiety to think about how much your legal expenses are, and how long it will take the government to bankrupt you?

“The wheels of the gods turn so very slow, but grind so very fine.” So do those of the government.

What is happening and its significance is a fact that no American wants to believe is true – but it is true, no matter how tightly we shut our eyes and deny it happened. No Russian wanted to believe in the gulags, but they existed nevertheless. Denying reality doesn’t change reality.

And you, perhaps without ever recognizing it, just put the entire horrible truth together in one paragraph.

America owes you one.

But you owe America. You owe America the obligation to contact whomever you know that will wake up to the significance of what you wrote. Issa would be a good start. Your newsroom would be another first-round choice. You know better than I who you should contact.

I can’t do this – I don’t have the contacts, or the influence.

But you do.

Please do everything you can to stop this before America turns into another Russia.

If you don’t, you will live to see it come to fulfillment, and you will never be able to forgive yourself for not trying to stop it while it can still be stopped.
-30-

Fri, 05/31/2013 - 00:07 | Link to Comment Terminus C
Terminus C's picture

Your response letter will look something like this:

Dear Mr MarsInScorpio,

We appreciate your contacting us on such an important story in our nations history.  You will be contacted by the authorities so that you can let them know which harvest node/processing center is most convenient for you to turn your self in.  Please note that any and all further communications in electronic format coming from any of your attached accounts are being monitored.  We'd notify you of your Miranda rights but... alas, you don't have any rights.

Have a nice day.

 

Big Brother

Fri, 05/31/2013 - 11:13 | Link to Comment dizzyfingers
dizzyfingers's picture

"This was emailed to Peggy Noonan of the WSJ:"

Bravo. Thanks.

Fri, 05/31/2013 - 03:33 | Link to Comment Hobbleknee
Hobbleknee's picture

"...the oligarch class in this country is dismantling the Bill of Rights one amendment at a time."

The entire Constitution was obliterated long ago.  I challenge you to name an Amendment that hasn't been abused, ignored and trample on.

Fri, 05/31/2013 - 05:07 | Link to Comment Peter Pan
Peter Pan's picture

You are right and in the future more people will die of droning than drowning in America.

Fri, 05/31/2013 - 05:00 | Link to Comment Peter Pan
Peter Pan's picture

Inequality before the law is nothing new and it all depends on who you are, who you know, who your lawyer is, who your opponent is and how much money you contribute to politics and how much money you have.

It's a pity the US government didn't let Liberty Reserve to continue operating with the understanding that it would assist law enforcement with tracing crooks, their money, their business practices, networks etc. Or would that lead to people who already strut the stage as respectable people?

Fri, 05/31/2013 - 06:52 | Link to Comment Aurora Ex Machina
Aurora Ex Machina's picture

An old one, but worth reading for those who missed it:

Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations' drugs and crime tsar has told the Observer.

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were "the only liquid investment capital" available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result...

Some of the evidence put before his office indicated that gang money was used to save some banks from collapse when lending seized up, he said.

"Inter-bank loans were funded by money that originated from the drugs trade and other illegal activities... There were signs that some banks were rescued that way." Costa declined to identify countries or banks that may have received any drugs money, saying that would be inappropriate because his office is supposed to address the problem, not apportion blame. But he said the money is now a part of the official system and had been effectively laundered.[Guardian 2009]

 

Wachovia was fined $50m and made to surrender $110m in proven drug profits, but was shown to have inadequately monitored a staggering $376bn through the casa de cambio over four years, of which $10bn was in cash. The whistleblower in the case, an Englishman working as an anti-money laundering officer in the bank's London office, Martin Woods, was disciplined for trying to alert his superiors, and won a settlement after bringing a claim for unfair dismissal.

No one from Wachovia went to jail – and, said Woods at the time of the settlement: "These are the proceeds of murder and misery in Mexico, and of drugs sold around the world. But no one goes to jail. What does the settlement do to fight the cartels? Nothing. It encourages the cartels and anyone who wants to make money by laundering their blood dollars."[Guardian 2012]

 

So, the answer to your question is simple: they were laundering without giving the cut. Tsk tsk tsk.

 

 

p.s. I'd strongly advise not to watch the most common form of videos coming out of Mexico, they make Scarface look empthatic when it comes to butchery. The sheer matter of factness and efficiency of some of them actually lessen the horror, until you remember they're sentient. Bacon's "Figure with Meat" indeed.

Fri, 05/31/2013 - 06:57 | Link to Comment Freewheelin Franklin
Freewheelin Franklin's picture

If I am not mistaken, this was about those credit card scammers in NY. They sang like little birdies.

Fri, 05/31/2013 - 07:06 | Link to Comment Downtoolong
Downtoolong's picture

In the post, the disparity and selectivity in the reporting of the two incidents is glaringly part of the problem. The media doesn't even try to hide it anymore. In fact they have admitted it in their slogans for years. "All the news that's fit to print" clearly isn't all the news. And, guess who gets to decide what is fit

 

Fri, 05/31/2013 - 13:16 | Link to Comment Lost Word
Lost Word's picture

News Jews ?

Fri, 05/31/2013 - 08:29 | Link to Comment Hail Spode
Hail Spode's picture

 

"The issuer of money holds the money up as being a secure store of value.  But what happens when the government, as an issuer of money, violates this implied contract?  Government cannot be an impartial enforcer of a contract to which it is a party."- from "Localism, A Philosophy of Government."

 

The conclusion is that in America 2.0 the government should not have any power to issue money or make any thing a legal tender, whether by themselves or in conjunction with a " special " central bank.  Competition in money, without the guys holding the guns an entrant in said competition, is the only way to keep money honest.  Money is too powerful to be left in any one set of hands, in particular the government's.  

Fri, 05/31/2013 - 08:51 | Link to Comment saycheeeese
saycheeeese's picture

whoever /whatever competes... is an enemy of the states and shall be exterminated.  Long live Democracy made in USA...

Fri, 05/31/2013 - 10:23 | Link to Comment dizzyfingers
dizzyfingers's picture

Quote: May 29, 2013
Sarasota, Florida, USA   In the largest such case ever brought by the US federal government, the Department of Treasury shut down virtual currency provider Liberty Reserve yesterday as a 'primary money laundering concern.' If you're not familiar with Liberty Reserve, it was a Costa Rica-based platform that allowed its 1+ million users to convert fiat currency into an online virtual currency that was loosely connected to the financial system. Unquote

Thought TPTB wanted one-world money system...

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