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Meet Loretta Lynch – Obama’s Attorney General Nominee Who Might Be Even Worse than Eric Holder
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
On matters of policy, Ms. Lynch called capital punishment “an effective penalty” and said she disagreed with Mr. Obama’s statements that marijuana was no more harmful than alcohol. She called the National Security Agency’s collection of American phone records “certainly constitutional, and effective.”
– From the New York Times article: Criticism of Holder Dominates Hearing on Loretta Lynch, Attorney General’s Possible Successor
Eric Holder made a career out of protecting and coddling financial oligarchs (his 1999 memo essentially invented “Too Big to Jail”). This was such a lucrative decision for Mr. Holder, that it allowed him to climb all the way to the top of his profession. The dividends that supporting this man ultimately paid to Wall Street criminals were priceless. Not only were they bailed out despite wrecking the U.S. economy, they have since funneled all of the wealth gains since 2008 to themselves, while remaining above the law. This truly remarkable heist is what both Barack Obama and Eric Holder will be remembered for by history. Congratulations guys.
When Eric Holder announced his resignation, many of us breathed a sigh of relief thinking it can’t get much worse, but not so fast. The authoritarian streak and rampant cronyism of the Obama administration is a well oiled machine. You didn’t think you’d get off that easily did you? Enter Loretta Lynch.
I’ve touched upon Mrs. Lynch’s record previously, in the post, Wall Street Journal Reports Obama’s Attorney General Nominee Has Been Involved in $904 Million in Asset Forfeitures. Here’s an excerpt:
As a prosecutor Ms. Lynch has also been aggressive in pursuing civil asset forfeiture, which has become a form of policing for profit. She recently announced that her office had collected more than $904 million in criminal and civil actions in fiscal 2013, according to the Brooklyn Daily Eagle. Liberals and conservatives have begun to question forfeiture as an abuse of due process that can punish the innocent.
Naturally, that was just the tip of the iceberg. What we have learned from her ongoing confirmation hearing is that she’s a lover of NSA spying and the death penalty, while disagreeing with the statement that “marijuana is no more harmful than alcohol.”
I wonder if she has much personal experience to base this opinion on, or if it’s just more of the same we “know what’s best for you plebs, despite the fact that we have no idea what we are talking about.”
Meet the new Attorney General, same as the old. From the New York Times:
Ms. Lynch had steeled herself for tough questioning from a new Republican-controlled Judiciary Committee, particularly on her views of President Obama’s immigration policy. But the questioning was mostly cordial, and, most important, the Republicans on the committee who hold the key to Ms. Lynch’s confirmation — she needs three of their votes to proceed to a vote by the full Senate — showed little opposition.
Of course it was cordial. Other than perhaps immigration, she basically espouses complete and total neo-con principals.
On the issue of immigration, Ms. Lynch said she found it “reasonable” that the Justice Department had concluded it was lawful for Mr. Obama to unilaterally ease the threat of deportation for millions of unauthorized immigrants. Mr. Holder similarly endorsed that view.
Democrats see some Republicans, such as Senators Lindsey Graham of South Carolina, Orrin G. Hatch of Utah and Jeff Flake of Arizona, as possible confirmation votes. Mr. Flake said he had made no decision on Ms. Lynch but had come away with a favorable impression and expected that she would be confirmed.
On matters of policy, Ms. Lynch called capital punishment “an effective penalty” and said she disagreed with Mr. Obama’s statements that marijuana was no more harmful than alcohol. She called the National Security Agency’s collection of American phone records “certainly constitutional, and effective.”
Senator Sheldon Whitehouse, a Rhode Island Democrat on the panel, said she had given “a flawless performance.” Senator Richard Blumenthal, Democrat of Connecticut, called her testimony “among the most accomplished and impressive that I’ve seen as a member of this committee.”
Oh, but there’s more. As if you needed proof that Ms. Lynch shares Eric Holder’s financial oligarch coddling tendencies, the International Business Times reports that:
WASHINGTON — In advance of her nomination hearing, Loretta Lynch did what every cabinet nominee is required to do: fill out a questionnaire listing all her media interviews so lawmakers can evaluate her candor. But the questionnaire U.S. attorney general nominee Lynch submitted to the Senate Judiciary Committee has a notable omission. Lynch failed to include an interview in which she defended the controversial settlement she orchestrated with the bank HSBC.
The bank was accused of knowingly allowing Mexican drug cartels to launder money and of allowing violations of economic sanctions against countries including Iran, Libya, Sudan and Cuba. Lynch, then the U.S. Attorney for the Eastern District of New York, allowed the bank to avoid prosecution in 2012 by paying a $1.9 billion fine and submitting to a monitor for five years to oversee compliance. Critics slammed the deal as an example of the Obama administration’s pattern of going easy on the financial industry. In the Dec. 11, 2012, interview she did with CBS News, Lynch endorsed the settlement and dismissed criticism of the deal as “shortsighted.”
Lynch’s boss at the time of the HSBC deal, Assistant Attorney General Lanny Breuer, who was then head of the Department of Justice’s criminal prosecution division, resigned after a scathing Frontline piece that highlighted Justice’s failure to try any of the banks tied to the recession and the risky trades that led to it. It was during a discussion of HSBC before the Senate Judiciary Committee that Attorney General Holder famously said some banks — although not HSBC specifically — were too big to prosecute.
Well there you have it. This woman, like Eric Holder, will be an unmitigated disaster for freedom in America.
That’s what “liberal” looks like in today’s America.
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Greetings, Professor Falken. Would you like to play a game?
Turning out!
It's just getting started!!!!
round up ready
Glyphosate
https://en.wikipedia.org/wiki/Roundup_%28herbicide%29
Glyphosate (N-(phosphonomethyl)glycine) is a broad-spectrum systemic herbicide used to kill weeds, especially annual broadleaf weeds and grasses known to compete with commercial crops grown around the globe. It was discovered to be a herbicide by Monsanto chemist John E. Franz in 1970.[3] Monsanto brought it to market in the 1970s under the trade name Roundup, and Monsanto's last commercially relevant United States patent expired in 2000.
cont.
Are you suggesting we use this on the Atty. Gen. nominee?
Cheer up Yankers. You just have to work another 6 months to pay your tax obligation*.
*Excluding excise taxes. Not applicable to Puerto Rico.
So I see the top cop in the nation will again be the top law and oath breaker. Meet your new AG, same as the old AG.
Then I'll get on my knees and pray--We dont get fooled again
Who?
Who Is Next?
There is little hope for this country. When the highest law enforcement officer of the land has no interest, nor the desire, to enforce the rule of law, granted the laws mostly favor the elite, then there is little hope for the republic. When you have an imperial president, a corrupt do nothing, bought and paid for congress, and a whole system that rewards corruption, to the detriment of its citizens, then where is the hope that things will get better? Where are the real Americans that made this country so great? Where are those who see the train coming right at them, yet they are not moving off the track! When will people realize that we are almost all fucked? Forget about our kids and grandkids, what about us? Honestly, I don't think this system is going to make another year, unless we do something quick. ! We have to do something people. I freaking love this country. I'm a first generation immigrant (came here all legal and legit), and I'm telling you all that this place is worth fighting for and worth fixing. I lived all over the world and I can tell you for a fact that with all our faults, the US is still the best place on earth. Come on people, let's fight for this place, it's soooo worth it. Sorry for ranting.
The determining fight will be another bloody, violent, inhumane civil war. With our legal system complimised, what else is left but violent redress?
Black sure turns up a lot on the roulette wheel at Obamboozle's casino.
"Always bet on black." —Wesley Snipes
https://www.youtube.com/watch?v=QaIEZligRj8
I bet on black in '08 and '12 and now I have to fight a MIT graduate for the best spot to clean windshields at an onramp to the 210 in Pasadena.
Loretta makes me feel safer. She understands that those in power have America's best interests at heart, and they should just be left alone to do what they need to do to protect us all. Thank goodness we have a woman's perspective in there, to boot!
Anyone who thinks women are non violent have never been married.
Indeed, so true. I’m Richard, Mrs. Atomizer is Hyacinth in are real world comedy sitcom. She is a humorous soul mate, and quite annoying at times (clean freak, no dust resides in our home).. but I love her dearly!
The Candlelight Supper| KEEPING UP APPEARANCES
We just keep our heads down.
After being married three times I just could never figure out what they found attractive in me, as each time I married they threw all my shit away, including clothes.
I think it was to just let me know who was boss...in the nicest way possible of course.
They just want to change you and mold you to the person they want you to be.
..... until you are broke.
Absolutely true. Violent in another form. Verbal, as in nagging and whining.
They remember everything you said even if it was decades ago. And often you say something just to get out of the situation. But they remember. Men don't die younger than women for nothing: one day you just want to be dead.
But of course the solution to this problem is simply to stop giving a fuck. Go out with your friends. Don't come home one night. Don't respond to phone calls. Give the illusion of having an affair (or actually have one). But most important is not to give a fuck (and secure your possessions in a spot that she and her lawyer cannot get their hands on).
I did not mark you down.
Some of us want a partner, not a paycheck. Sorry for your sadness.
Who says I'm sad? Quite happy.
Some of us also want a partner too and not be a pouching bag for women's frustrations. Plenty of bad men out there but women are no saints either except men usually faster get the blame. Some women want it all: men need to be strong but not aggressive; they need to be sensitive but not wusses; they need to 'feel a woman's need' but not give the impression that she is predictable; they need to be a gentleman but not patronizing; etc. Well, I've got other things to do.
And I am mostly talking about Westen women. Women in Latin America and Asia (where there are plenty of bad men mistreating women) are often more independent, not spoiled and managing well by themselves than Western women.
I love my Pops. That dear man taught me one of the most important life skills a man could have...
"Yes Dear, you are absolutely right. What the hell could I have been thinking? Thank you for setting me straight."
The volcanic rage, temporarily stymied, stomps off to another room to simmer and, perhaps, cool while the main objective is achieved, which is removing the opposing force from the battlefield without inflicting damage.
"The most successful battle is the one never fought."
-Some dead Chinese guy-
Loretta Lynch gave the best blow job to Michelle Obama, she was hired on the spot.
Another unknown connected as a former DOJ mail room delivery CZAR, extremely shady..
http://www.muckety.com/Loretta-Lynch/218466.muckety
Loretta Lynch makes Loretta Lynn flinch.
<say it 3 times>
The sad story here is that we all bitch about the bitch(es) but nothing ever happens other than the edge of the abyss gets closer.
Saying that she worked for Lanny Breuer, was enough, had not heard that yet. So here we go with one more cabinet member that doesn't have a tiny bit of some tech knowledge or data mechanics logic. It's AG ground hog day once again. Couple months ago I said we need a "hybrid" in that job, and relating back to what Bill Gates said a few years ago "those who are hybrids that have more than one focus will be the people with value"..so Gates was right again. When you people like Gates. Ellison, Musk who have rolled up their sleeves and written code and engineered software, they see way ahead of the rest of the pack. I hoped for a hybrid but not, we get a Lanny Breuer duplicate I guess. I couldn't hardly stand watching the Untouchables from PBS with his interviews. He totally reaked of insecurity and the inability to get the right perceptions in his head on what to do, how to investigate and so on with white collar code and math model crimes. Then he continued on and said he had to worry more about his career first..augh..
http://ducknetweb.blogspot.com/2014/09/eric-holder-resigns-as-head-of.html
The only one that is impressive so far is Ashton Carter if he gets approved. He has a background in physics so he's grounded and no algo duper with him I don't think.
Lynch is the prosecutor in the Eastern District of NY (Brooklyn, Queens, Nassau and Suffolk Counties or all of Long Island). This involves Kennedy Airport, so there's all kinds of international crime. Like the Southern District of NY, Manhattan, the judges and prosecuting attorneys are creatures dredged from the muck by Schumer. Lynch's contribution is Too Big a Money Launderer To Prosecute (TBMLTP) http://www.ibtimes.com/attorney-general-nominee-loretta-lynch-omitted-hs...
Anyone chosen by Schumer in any Federal court is corrupt.
I'm sure that Ms. Lynch and Valerie Jarrett are very well acquainted...(wink, wink). The Justice Department should be renamed The HoldyourAssWideOpen Department in honor of Eric...
Fuck you Obummer!
No Regulation of Lawyers?
What the self Regulating Bar Association is so greedy, so corrupt, so self agrandizing, so career driven, so lacking in Ethos... that they collectively warp the USA & the US Constition.
Let's figure out if there is a group of US Constitution supporting Lawyers.
Lawyers infect like a disease our many institutions, they use laws, they twist laws, they do anything to get ahead, to get a bonus, to get a payday, to make their own career.
- Lobbyist
- Tax Lawyers
- Financial Lawyers
- Banking Lawyers
- Insurance Lawyers
- Real Estate Lawyers
- Property Lawyers
- Government Lawyers
- Lawyers that defend the Wealthy
- Corporate Lawyers
Screw them all. Let's figure out how to prosecute Lawyers. Treason. RICO. Bribery called gift giving or Lobbying. Justices that take gifts, seminars, conferences, or meet with big money interests & get chummy.
- How do we bring down US Lawyers??
Lawyers study the law to learn how to effectively evade it and work the loopholes. Constitutional scholars have made a career studying the constitution for the same reason. So does it make sense that our government is overrun by lawyers and the president is a constitutional scholar?
Sure it does
Constitutional scholar my ass.
You can bet whatever time he did spend studying the constitution was to destroy it, or at the very least, negate it.
True. I've been saying this for years.
Mmmm, with a noose and a trapdoor under their feet?
Ahh, this cannot be true.. Many of our more progressive members have assured us, they simply want what is best for us as a collective. If that means many (Ayres 20 million) must be killed just remember some eggs must be broken to reach utopia. As far as you fools who say utopia cannot be reached as a result of human nature. Well let me assure you, not enough have been killed, so you would not know would you.. And by the way, absolutely no difference between classical liberals (Conservatives) and socailcommuauthoritarcronycaps..
So shut the fuck up and get back to work, our voter base needs you bitch..
So She gets to replace Steadman? Too late to marry Oprah, that wedding dress is a miniskirt by now.
Forty percent of voters believe that Republicans are racist, always were racist, and always will be racist. Nothing is going to change their beliefs.
Mitch McConnel should blow these people off. They're zeroes.
The U.S. Senate is 54 percent Republican. The House is 57 percent Republican, the highest in 50 years. 61 percent of states have Republican governors and state legislatures.
The country is more Republican than it has been in generations.
Mitch McConnel is as politically safe as he can possibly be to ask all Republican senators to reject Loretta Lynch for the reason that she supports Obama's unconstitutional executive actions on immigration. The majority of voters WILL GET IT!
The leftwing moonbats will shriek and scream and call all Republicans RAYCISS. But they will do so anyway.
Time for McConnel to LEAD or GET OUT OF THEY WAY.
"The country is more Republican than it has been in generations."
The country is more stupid, lied to, and stolen from by Republicans and Dems alike, than it has been in generations.
You seem to have no idea. This is not about Party-- but perfidy-- and the tyranny of $$$$ in quest of MOAR.
You sound discouraged and hopeless.
My advice to you is to give up.
Go find a cliff and jump off. You'll be happier.
You seem naive and ill-informed. Republicans should have used their power to reject this nomination. They were voted in to do a job and they are failing.
You can keep your head buried in the sand if you want thebigunit. But you'll feel it when someone comes up behind you and kicks you in the ass.
You were kind how you did that. Folks that think one of these fuckers is going to make a difference when they are all paid for by someone, leave me with the impression that they have fallen into the soap opera/puppet show and they can't get out, or that they are being paid by the party they are supporting in their post.
There's a State election where I am today (where voting is mandatory). And all the candidates are the most appalling twisted wonton liars and crooks working against my short-, medium- and long-term interests, selling the public's future to banksters, via public debt liability. Of course I won't be voting, they are not going to be able to point to an Electoral Commission's voting registry and say I voted within this free democratic system, therefore I'm implicitly on board with the 'mandate', the electorate produces. NO ... I am not giving anyone a binding 'mandate' over my life and future. The only way to make that perfectly clear is to not participate in this sick pretense of alleged democracy and its alleged obligatory contract with a bunch of crooks. I'm certainly no Libertarian or anarchist, I'm just sick of crooks pretending to be my elected Government and trying to sell us to bankers as debt-cattle. So they may as well stuff their version of coercive democratic debt-slavery where the sun doesn't shine because I'll never be participating in it. There will be a lot more people like me than there are passive 'voters' in the near future.
The people in power always claim they are working in your name, on your behalf, even while they are murdering you. This is what is scarey about the collective mentality. they seek to convince you that your own sacrifice is a gift to the collective and therefore the "right" thing to do. We see it from the tops of the communist manifesto to the bottoms of the Fundamentalist Muslims as printed in their Quran.
Small update: The serving Premier not only didn't win today's election, he didn't even win his formerly "safe seat". The outcome wasn't even close, he was summarily thrown out of Govt, and also thrown out of the Parliament! So now the extremist socialists debt-slavers are back to continue selling the population to bankers for another three years at least.
But there are serious cracks developing, the Premier that was just thrown out was elected just 2.5 years ago with a largest landslide victory ever seen, and the Premier elected tonight was elected on and even bigger record landslide reversal.
In other words, people are now so despondent and pissed-off with politicians they're simply knee-jerking, with zero patience for the lies and behavior in office. Pretty soon more voters will realize the whole act of voting is counterproductive, as any way you go you get screwed over, so what is the damn point of it?
No one expects a perfect world, or perfect systems, but what we're getting is a pure shit sandwich and debt slavery. The basic problem is voters are simply way stupid, distracted and incredibly vacuous and shallow.
Even if politicians and parties were purer than the driven snow (very far from it), and Govt systems and mechanisms worked perfectly (they don't), and no one constantly lied about everything (they do), and were full of good will and intentions and didn't just fake sincerity, the average voter would still vote to fuck it all up, over time.
We're consigned to the resulting reprehensible mess(es), and latest round of false solutions. I'd rather not be cynical about it, but the reality is the entire system is cynical. The Socialists are perfectly happy to keep making it so much worse for us via giant deficits now and debt slavery and financial crisis to follow.
It's clear the socialist's intent is to kill the economic system via democracy-powered debt-collapse policies and budgets.
A thing is, what it does.
Must be fun living in Queensland!! Vic is pretty boring by comparison :-)
Dear lady, you have fans. Your mind...
Hasn't it already been determined what the going price was for when McConnell was Senate Minority Leader to get out of the way...
http://wfpl.org/mcconnell-reid-deal-includes-3-billion-earmark-kentucky-...
Now that he is the Senate Majority leader, do you honestly think he is even capable of "leadership"?
Mitch McConnell's estimated net worth in 2011 was $9.8 million , nearly a 30% increase from 2010. He is one of the 10 richest Senators.
If you said that federal and state elected legislators were (blah, blah, blah...) - you would have a point, but not the point.
What's below was written with respect to the EUSSR, not the USSA, but if you actually belong here you should be able to identify that which is universally applicable (more than just the Rhambo-Barosso "crisis" parallel) even though this was a discussion largely on how the US and EU are different-
As to my more substantive point- do you deny that the EU has it own Umwelt? Or think that the resultant progression of that feedback loop leads to something other than a more unitary EU under Brussels? As even ignoring the math of industrial engineering (which does presume a universality due to the nature and design of governments), the architects of the EUR have admitted as much with respect to the EU and the need for a "crisis" to facilitate the implementation of version 3.0...
http://www.zerohedge.com/news/2015-01-29/putins-unexpected-victory-germa...
Fortunately (or unfortunately in this case) television is beyond my scope of experience. But it always seems to come back to nameless (unelected) technocrats/bureaucrats somewhere who often honestly believe that unicorns would shit skittles if only this new expansion of the Law were to be implemented. A large flock sheeple believe that if they can just elect their guy, that things will change and unicorns will also shit skittles. A large contingent of ZHers believe that if voting changed anything, they would outlaw it (but then go on to blame some boogeymen who couldn't really care less about many of the small things that make a big difference in the lives of "real people"), but the question of "how does one change it?" often remains unanswered.
Within the confines of their home bureaucracies, the national civil services have no authority to directly affect changes over the broader EU populace, and the EU Council doesn't have the manpower (or the inclination among Heads of State for the actual work of writing voluminous legislation). So systemically, if the Commission would grow a pair and demonstrate some real "independent thought" then the Progress! of the Statists (whether some nameless desk jockey in a national capital, or an elected Maoist Statist and admitted conspirator like Barroso) could be slowed or arrested.
The reason going after the figureheads and admitted conspirators at the Council is unlikely to succeed is because "change" can only be affected by voters within an individual member State - so unless the EUSSRers get their way and abolish what remains of national sovereignty - then the wider opposition is forced to "sell their soul" and meddle in the domestic democratic processes of a sovereign state other than their own.
Regardless of whether one in opposition to the status quo perceives the "enemy" to be Corporatists, Fabian Socialists, Old School Elite, Neocons, the Jooos, or the "unelected Brussels bureaucracy" - they should spend moar time articulating how to affect real change instead of worrying about who to blame, because despite what certain religious texts say- naming the beast does not give one power over the beast.
Good post
Obama is a Trojan Horse meant to destroy the Democratic Party
The Party of the people just whore to the oligarchs so Joe Sixpac and Sally Housecoat just dont give a shit to waste time getting involved or voting
So they will lose more ground in 2016 and still Pelousy, that cyclops Fossil Reid, Wasserman Schultz and the rest of the Donkey Losers will keep their gigs and they'll lose a little more in 2018
She likes screwing the Lives if Minorities, and has no problem with killing minorities based on crap evidence. Nice.
- Ist das die Madchen? Nein, Sie ist ein Whore.
"...On matters of policy, Ms. Lynch called capital punishment “an effective penalty” and said she disagreed with Mr. Obama’s statements that marijuana was no more harmful than alcohol. She called the National Security Agency’s collection of American phone records “certainly constitutional, and effective.”
- too bad the US System rewards false convictions, or we might consider supporting demoautistics or retardicans
copy right 2015, all rights reserved.
Vote for me and I will shred the Constitution to pulp, give my buddies immunity, participate in insider trading, give the people who pay the most my attention and screw everyone else, make the citizen squirm under my thumb and screw the rest of the world as we are the greatest, bar none.
At least if they campaigned using the above line we could believe them.
When Loretta Lynch becomes AG, will the DoJ be known as the Lynch Mob ?
Somebody call the police. Obama has been spotted somewhere near the White House a Clapperin and Yellen while Lynchin his Bernanke.
The closer we get to SHTF the more and more evil people are put into positions of power.
The Bible regarding the end of times ......
2Ti 3:13 KJV But evil men and seducers shall wax worse and worse, deceiving, and being deceived.
So Ms. Lynch thinks capital punishment is "an effective penalty." She is absolutely correct about that. I can't think of anything that would straighten out Wall Street and the bankster mafia faster than some well publicised lynchings.
I can. capital punishment for politicians. After all, it is politicans that gave banks that power. It is politicians that collude with the banking industry as well as other industries. And they do it for their own benefit.
One day you'll figure out - government is the problem.
The next thing you will figure out is that there will always be crooks and corrupt people. However, it is government that has the sole use of the policie (militiary) state to be the true mafia.
I stand corrected.
It isn't RED vs. Blue and hasn't been for quite a while. Face it, it's clearly Black vs. White.
No its not it's two shades of purple
I am sure the death penalty for financial fraud and market rigging would get bankers to mend their ways immediately.
She does have a point.
Impeach 535 + ICiC - treason
I'll say it once, I'll say it a million times.
The AGs office and the prosecutors office is the minor leagues of politcs. These people become politicians in great numbers because their job is to legalize lies, cover up crimes, and subvert justice for those who are already in office.
that is what lawyers are for surely ? They are the striped suits who clean up after the mobsters
Since Ohio has run out of options to execute death row prisoners couldn't they use extraordinary rendition to send them to Saudi Arabia ?
All black "affirmative action" appointees have been thoroughly vetted.
They are neo-facist puppets doing a (better) job than whites.
We will see more "affirmative action" appointees as time goes on.
Why would she give up her country music career to work for Obama?
Oh...never mind
As I understand it the New repubican Congress is not going to give Mrs. Lynch any problems getting her job.
How true
The media has feminized them.
Don't want to upset the media do we.
I hope she is worse than Eric Holder. Holder and Obama are two of the worse things to happen to black hued Americans since those two were sent down the track to retrieve the handcart. Maybe oneday we can dispense with the notion that being black in America is grounds for lower expectations, morally, legally, and every other conceivable way these fuckups fuck it up while being excused by white guilt libtards.
There is a time to complain.
And there is a time to be quiet.
I wonder how close we are.
Does anybody see a trap coming?
ByJOHN MILLERCBS NEWSDecember 11, 2012, 7:26 PM
"Drug cartels' bank," HSBC, to see no arrests
...
"..Now, the bank has to demonstrate to a federal monitor that they are in compliance with all laws for five years.
As for the lack of criminal prosecutions, the feds said that they never found one bank official, or any collection of bank officials acting together, that were doing this on purpose. They painted a picture of a disorganized bank that was collecting all these fees either not knowing, or not wanting to know where it all came from."
.
http://www.cbsnews.com/news/drug-cartels-bank-hsbc-to-see-no-arrests/
.
that's what i need, a business where my complete lack
of information and competence results in billions of
dollars of profit and millions in bonuses. man, these
guys are brilliant, they just ride the stupid system
and get incredibly rich and powerful. what a system.
.
Outrageous HSBC Settlement Proves the Drug War is a Joke
December 13, 2012
http://www.rollingstone.com/politics/news/outrageous-hsbc-settlement-pro...
.
"...
Though this was not stated explicitly, the government's rationale in not pursuing criminal prosecutions against the bank was apparently rooted in concerns that putting executives from a "systemically important institution" in jail for drug laundering would threaten the stability of the financial system. The New York Times put it this way:
Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system.
It doesn't take a genius to see that the reasoning here is beyond flawed. When you decide not to prosecute bankers for billion-dollar crimes connected to drug-dealing and terrorism (some of HSBC's Saudi and Bangladeshi clients had terrorist ties, according to a Senate investigation), it doesn't protect the banking system, it does exactly the opposite. It terrifies investors and depositors everywhere, leaving them with the clear impression that even the most "reputable" banks may in fact be captured institutions whose senior executives are in the employ of (this can't be repeated often enough) murderers and terrorists. Even more shocking, the Justice Department's response to learning about all of this was to do exactly the same thing that the HSBC executives did in the first place to get themselves in trouble – they took money to look the other way.
And not only did they sell out to drug dealers, they sold out cheap. You'll hear bragging this week by the Obama administration that they wrested a record penalty from HSBC, but it's a joke. Some of the penalties involved will literally make you laugh out loud. This is from Breuer's announcement:
As a result of the government's investigation, HSBC has . . . "clawed back" deferred compensation bonuses given to some of its most senior U.S. anti-money laundering and compliance officers, and agreed to partially defer bonus compensation for its most senior officials during the five-year period of the deferred prosecution agreement.
Wow. So the executives who spent a decade laundering billions of dollars will have to partially defer their bonuses during the five-year deferred prosecution agreement? Are you fucking kidding me? That's the punishment? The government's negotiators couldn't hold firm on forcing HSBC officials to completely wait to receive their ill-gotten bonuses? They had to settle on making them "partially" wait? Every honest prosecutor in America has to be puking his guts out at such bargaining tactics. What was the Justice Department's opening offer – asking executives to restrict their Caribbean vacation time to nine weeks a year?
So you might ask, what's the appropriate financial penalty for a bank in HSBC's position? Exactly how much money should one extract from a firm that has been shamelessly profiting from business with criminals for years and years? Remember, we're talking about a company that has admitted to a smorgasbord of serious banking crimes. If you're the prosecutor, you've got this bank by the balls. So how much money should you take?
How about all of it? .."
...
..
"So there is absolutely no reason they couldn't all face criminal penalties. That they are not being prosecuted is cowardice and pure corruption, nothing else. And by approving this settlement, Breuer removed the government's moral authority to prosecute anyone for any other drug offense. Not that most people didn't already know that the drug war is a joke, but this makes it official." r.s.
Read more: http://www.rollingstone.com/politics/news/outrageous-hsbc-settlement-pro...
If you should find yourself in prison in America for your beliefs, you will find the guards agree with your values. Prison is horrible, but know its just like here. Just no illusion.
What you are is what is in your head. Thats your prison.
I would like to know how many pedophiles, philanderers, and addicts were on this panel. They are all compromised for just this purpose. If they can't control you, you don't play. And that goes double for Lynch.
I'll wager dollars to doughnuts she's also a gun grabber
That saying made sense when doughnuts were less than a $1. Maybe dollars to a dozen?
Wow, another blackie nominee by Obombya. I'm sure there is no favoritism there by him.
Obombya is one of the biggest pieces of garbage to have ever lived in the modern (100 years) era.
I'm starting to get the feeling that we are seeing the Planet of The Apes.
Heston or the victim of forced integration version?
http://www.crossroad.to/Quotes/globalism/cfr.htm
Lynch is a stooge cunt. There, now all is clear.
I hope nobody was stupid enough to think alluva sudden Obummer was gonna unleash his inner Progressive?
The so-called Constitutional scholar wipes his ass on a daily basis with the Constitution
Of course he was gonna pick someone worse than Holder. Just like his nominee for Tresury was a ripoff artist
So he bloviates about how accomodating he been to legal weed
Then he gets this hack Lynch to lower the boom on Alaska, Washington, Oregon and Collie-rado
Grim times ahead for the Sheeple when Obama teams up with the Repubs to fuck Hillary in 2016
I thought it was Loretta Lynn, on careful reading, I wish it was.
It's funny how so called "Liberals" have twisted the word, "liberal", to mean the exact opposite to what it originally meant.
Well, it isn't really "funny" in fact, it's terrifying.
There is no law when the executor of the laws is an illegal entity.
Basically a Female version of Al.
Obama did more damage than 9/11
There's no reason why this woman should be confirmed. If she is, then the RINO "fix" becomes so obvious that even the blind will see it.