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U.S. ‘Justice’ Department Proclaims Big Banks Have A License To Steal
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U.S. ‘Justice’ Department Proclaims Big Banks Have A License To Steal
Written by Jeff Nielson (Click For Original)
First we had “too big to fail”. Then came “too big to jail”. Now, finally, the U.S. Department of “Justice” is letting us know what it really thinks: U.S. Big Banks simply have a license to steal.
The most amazing thing about the Justice Department’s new guidelines on prosecution of corporate crime is that the DOJ is effectively acknowledging there was a big problem with how it did things before.
Yes. As these criminalized institutions now perpetrate financial mega-crimes measured (literally) in the $trillions, we have the so-called Justice Department claiming it has been too hard on this financial crime syndicate. Yes. Presumably if the DOJ hadn’t taken its previous, supposed “tough love” approach to these financial criminals, they would now already be perpetrating multi-QUADRILLION dollar crimes. And the U.S. government certainly won’t stand in the way of “progress”.
Supposedly, giving these fraud-factories microscopic fines as their sole punishment was being too harsh – when it comes to enforcing the law. Let me reiterate; we have the U.S. Department of Justice effectively implying that even its previous, token enforcement of laws against financial crimes was impeding the (crimes of the) financial sector. In the United States of Crime, any time there is a conflict between “law” (the Rule of Law) and “profit” (the proceeds of crime), the U.S. Department of Justice sides with profit -- i.e. the criminals.![]()
What the Big Banks really “need”, according to the DOJ, is absolute immunity. It’s like the grandparents of a spoiled brat. No matter how horrific the deed perpetrated by the brat, the grandparents never do anything more than muss-up his hair a bit, and then say “run along, you little Scamp, and don’t do this, again.”
Is there any chance that the spoiled brat would ever reform his intolerable behavior? Of course not. Is there any possibility that telling these fraud-factories, in absolutely explicit terms that they will never be prosecuted will actually “deter crime”? No, of course not.
Yet this is precisely what the liars in the U.S. government (and the mouthpieces of Bloomberg) expect expect us to believe:
“One of the most effective ways to combat corporate misconduct is by seeking accountability from the individuals who perpetrate the wrong-doing,” the memo reads. This “deters future illegal activity, it incentivizes change in future corporate behavior, it ensures that the proper parties are held responsible for their actions, and it promotes the public’s confidence in our justice system.”[emphasis mine]
Let’s dissect this utter perversion of logic and justice, on a phrase-by-phrase basis.
One of the most effective ways to combat corporate misconduct is by seeking accountability from the individuals who perpetrate the wrong-doing…
Don’t punish the Boss who gave the order, punish the Lackey who followed the order. Even in the complete travesty of justice which the U.S. calls its “War on Drugs”, the Department of Justice does not subscribe to such warped logic. It supposedly focuses its quasi-military crusade on the “drug cartels” rather than on the lowly street-pushers.
Yet when we are dealing with Big Banks instead of drug cartels, a crime syndicate whose financial felonies are literally a hundred times larger than those of the drug cartels, we’re now told that the best way to “combat corporate misconduct” is to publicly proclaim to those corporations (Big Banks) that they have complete immunity from any/all prosecution.
The despicable irony, and the reason why this is such an apt metaphor is that while the U.S. government still pretends to be fighting a War on Drugs, it has been giving U.S. Big Banks a free pass to serially launder trillions of dollars for the same drug cartels the U.S. government claims it is fighting to eliminate.
This deters future illegal activity…
No, it encourages more organized/systemic crime. Knowing that they will never be prosecuted, the Big Banks can plan their future crimes with even more confidence/certainty/reckless abandon.
…it incentivizes changes in future corporate behavior
Yes. Knowing they will never, ever be prosecuted, U.S. Big Banks can plan even more crimes, and even larger crimes. The Crime Syndicate has been “incentivized” to get much, much larger.
…it ensures that the proper parties are held responsible for their actions
Really? How does punishing individuals for the crimes of corporations ensure that the “proper parties” are being held responsible? To “combat corporate misconduct”, and punish the “proper parties”, this directly and necessarily implies that you punish corporations for the crimes of corporations – not individuals.
If a farmer has a problem with wolves killing his cattle, will he “deter future activity”, “incentivize change” (with the wolves), and “ensure that the proper parties are held responsible” if he goes out and shoots a few mountain lions? Of course not. It will simply make the wolves glad and smug that they are not lions.
…it promotes the public’s confidence in our justice system.
Sure it does.
Note that the greatest absurdity/perversion of truth in these supposed “new guidelines” is the pretense that there is anything new about giving U.S. Big Banks a virtual free pass for their crimes, no matter how large the crime, no matter how many times the same Big Banks commit the same crimes. Former U.S. Attorney General (i.e. Chief Crime Pimp) Eric Holder had already previously proclaimed that he would never prosecute U.S. Big Banks. And he didn’t.
So why any need for “new guidelines”? Because the new Chief Crime Pimp, Loretta Lynch, was recently forced to engage in a token prosecution of these fraud factories. What could “force” the Chief Crime Pimp of the United States to prosecute her own Masters, against her will? Think “Bernie Madoff”.
Some crimes are simply too big to cover up, even for a Chief Crime Pimp. With U.S. Big Banks engaging in blatant, serial and extreme manipulation of the $5-trillion-per-day global currency markets, day after day, for well over a decade, even a Chief Crime Pimp can only stall the wheels of pseudo-justice for so long.
A token prosecution took place. More, token fines were assessed. And the “reputations” of the worst organized crime syndicate in human history were slightly tarnished. Thus the decree to their servants in the U.S. government: never again.
From now on, no matter what the crime, no matter how large the crime, no matter how frequent the crime, the Big Banks will never even be prosecuted, let alone actually punished. From now on, the U.S. Department of (Anti-)Justice has promised it will never prosecute any banksters, except for a few, token Scapegoats whom the Big Banks will serve-up-on-a-platter, on the rare occasions when the American Sheeple can raise up their lazy carcasses enough to belch-out a demand for law-enforcement.
Once upon a time, we lived in nations which recognized and upheld the Rule of Law. Indeed, many esteemed commentators have previously asserted that it was the (previous) strict adherence to the Rule of Law which was the one factor most responsible for the decades of unparalleled prosperity which we had previously enjoyed. Honest economies tend to be prosperous economies.
No more. Today we have nothing in the West but saturation fascism: the complete marriage of “Big Business” (organized crime) and “Big Government” (big military, big corporate subsidies, Big Brother). While these fascists rely upon their war-machines to terrorize most of the world’s smaller nations, when it comes to their campaigns of terrorism against larger, more-powerful nations, they typically resort toeconomic terrorism.
Even the nations of Russia and China have not been spared from such financial/economic terrorist attacks. Indeed, these financial psychopaths were right in the middle of their terrorist attack on the Russian ruble, when (inconveniently) the pseudo-regulators and pseudo-prosecutors of the West were forced to begin their pseudo-prosecution of U.S. Big Banks for their continuous, illegal, rigging of global currencies.
Now the Criminals have ensured that they will never be impeded in their economic terrorism with future, token prosecutions. Now they have secured a promise of complete, unending immunity from any/all crime…unless or until the people of the United States actually elect a legitimate (i.e. non-Democrat/non-Republican) government.
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Who cares, they are trading digits on computers. If you're stupid enough to not see the corruptness of it, you deserve to get swindled out of your money.
They will get thier come uppance with 100% certainty. With or without law. The global monetary system is doomed from the beginning.
Third world banana republics look at the US system with a serious case of blueballic envy. So rotten, so fully captured on every level from federal to state, and in many cases local......and yet the vast majority of the people truly believe they live in a totally free country.
I guess Caldera was right (start at 1:47 mark):
https://www.youtube.com/watch?v=DcmzHtokiMw
There's a Deprartment of Justice in the US?
"There's a Deprartment of Justice in the US?"
Sort of, DOIJ: Dept of In Justice.
Also, the Ministry of Truth.
The greedy bankers are lusting after all the resources of the world and they will destroy anything or anyone that gets in their way – even extended to killing and laundering "trillions of dollars for the drug cartels." They have killed already and they will kill again when necessary; innocents in banker directed and financed wars, innocents in America squeezed to poverty, sickness and despair.
Americans –with their unique heritage of hard-won liberty and with their right to keep and bear arms of a people “who after a century and a half of being wonderfully free began to ask (in the 1930s), ‘What is freedom’” – must now stand alone against these money-hungry rustlers. It’s a rotten deal when their own leaders, when their own Congress and “department of justice” turn outlaw and take to impoverishing the people for nothing, except that they want to pave the way for the Big Banks to steal the people’s pottage.
Why? Because, like the bankers, the Congress wants something for nothing out of the deal. They want a return on their complicity.
America, like Sprott says, needs new management (i.e. non-Democrat/non-Republican), and it has needed new management for a long, long time. In this game of grab and get, America needs statesmen on the side of decency who won’t run from a fight, who can out-grab and out-gun these gangs of white shoe criminals.
Now, at last, Lord Acton’s predicted battle of the people versus the banks has begun. And the odds are appealing.
America needs government with justice. And as Louis L’Amour said in Utah Blaine, “sometimes the words sound so…so damn’ stuffy, but it’s what men have to live by if they will live in peace.”
Here is the tragic summary of all that has happened, from the back cover of Garet Garrett's The People's Pottage: The Revolution Was, Ex America, The Rise of Empire (1953):
“Everything that has happened to money was done to it by government, beginning with the deceptive separation of people from their own gold, then a confiscation of the gold, then making it a crime for a private citizen to own gold, together with a law forbidding contracts to be made in any kind of money but irredeemable paper currency, and finally the dishonorable repudiation of the promissory words engraved on its bonds. All of this with an air of leave-these-things-to-the-wisdom-of-the-government, as if people could not understand the mysteries of money. That was absurd. The controlling facts about money are not mysterious. By contrast, in 1896, there was a very grave monetary question to be settled. It was silver versus gold; or inflation versus sound money. It was taken to the people, and the people, not the government, decided it. The people voted for sound money.”
http://www.amazon.com/Garet-Garretts-The-Peoples-Pottage/dp/0840379943
LOL
capital one
strongest US bank
the mind boggles with so many punchlines appropriate
Book'em Dano!
corporations are people
where's their death penalty? or drone strikes on the HOLIDAY bonus party?
I dont intrepet the Bloomberg article the way the author does about going forward it will only be lackys going forward. The gig is up. The model worked as designed and the big fish bankers and politicians got away with fraud of an epic scale.
The only silver is the jig is up and wont happen in my lifetime again. But a generation plus was destroyed and 5 or so more years of real pain must be endured. Trust has been broken to bits.
Rich folks reinvesting can expect to get subtly overcharged for services from pack of very seasoned, cunning lions. Innocents there get hurt too amidst a very small pack of perpetrators.
justice is giving everything to make someone king
.
Jesus Christ
Pam and Russ Martens' www.wallstreetonparade.com has chronicled this quite accurately. Obama's replacement for Holder sat on the Board of Directors of the Federal Reserve Bank of New York from 2003 to 2005 under then President of the Board Tim Geithner. Can you say, "the fix is in?' Sure, I knew you could.
Justice? From within this system is not going to happen.
Think about that stall thingy.
What needs to be added to the above is the following ..
It may well be. About ten years ago, I had a good job, a nice house, boat, etc. And about ten years ago, I lost it all. Yet to recover any of it to date. It seems like yesterday. It may as well be a century ago, in a parallel universe, a distant memory, or just a fanciful dream.
I guess it takes practically a college semester at minimum to begin to comprehend what happened to this nation. What happened to western society. If we wish to understand a case of gross injustice, that happened to one man, but the results affected literally millions. And, some these actually had to sacrifice their very lives for someone else greed. Then please read on. You cannot explain such to satisfaction in a sound bite.
https://app.box.com/s/hfgvcqg7gqh7i27at6sv53ywu87lwarp
Our legal system has become such a sham, that to fully appreciate its demise (or lets be kind and optimistic and claim it is only -- sleeping.) one has to endure a study that is tantamount to a semester or more of law school. At least a good lesson in civics.
What has become broken can always be fixed. It is just that the longer a society is willing to wait (put off) to take any action, the harder that fix is to employ. And the more pain that comes with that delay.
There is the old saying, "follow the money." (In this case, the REAL money.) Roger Sherman reminds, over 200 years ago how bloody and brutally true that is. Tupper Saussy paraphrases for us:
Bill Holter and Jim Sinclair in their most recent talks to any outlet that would feature them states that the only way out of this is full monetary collapse and RESET. We will have collapse and we will have RESET. We made our bed. Now we must sleep in it. The blame squarely falls on We The People. WE "the consent of the governed," gave our consent. We have no one else to blame but ourselves ..
jc, when you kill the first fed bankster, then we will know you did not give consent, otherwise you are an idiot.
" We made our bed. Now we must sleep in it. The blame squarely falls on We The People. WE "the consent of the governed," gave our consent. We have no one else to blame but ourselves."
Bullshit, bullshit, bullshit, I didn't do this THEY did it. The Fed, Oh and you think Congress listens to me imploring them to act in Justice????? How did we the people do this exactly. I was told once that we the people were the problem for air pollution because we chose to drive gas driven vehicles as though there was another choice and completely ignoring a 100 years of the Oil Industry destroying every other alternative. Anyone who thinks that we the people did this is blaming the victim and exonerating tens of thousands of psychopaths.
Agree. That is the same as the "she was asking for it" defence in rape cases...
The basic problem is not so much just the shit-fight of criminals, it's the total absence of honest to goodness INVESTMENT markets, to actually do something, rather than just scam digits in a naked unvarnished and unwanted casino. The only people who want the casino are the con-artists, spivs and TBTF thieves.
So how the hell can anyone hope to have a vibrant economy and a functional State, when the dedicated mechanism of INVESTMENT, into the actual economy, rather than into a mere transient account at a casino, has been completely hijacked and effectively abolished and discredited (figuratively and literally) by digital bandits, who openly work for TBTF banks, who flaunt their criminality with abandon, as a model for respectability and 'success'?
Thus the 'real economy' progressively turns to shit, for five years straight, the media deny it is happening, the White House lies about it, and central-planning idiocy destroys the capacity to ever repair the mess.
Because this is the actual political legacy of BARACK OBAMA.
Moreover, when a Bloomberg or CNBC reporter interviews Lloyd Blankfein to camera, why isn't their reporter hawking up a huge glob of phlegm and spitting it right in his eye at the end of the interview, then kicking him in the nuts, and kneeing his nose cartilage into his face, before inserting a stiletto heal the hard way into his left ear hole, and doing the hokey-pokey? Do they think being the world's biggest criminal and raping the USA without relent is 'cool' or something? Honorable? Why don't you put the bastard on notice that it is dangerous to fuck with America like that?
Or are you all a part of the team?
Element - Absolute corruption. Complete government capture means yes all same team.
Seeing all this, I decided to look in the mirror and not partake unless I provided TRUE value. When I first met my great woman in 2013 I woudnt sell a certain product. I faced potential homelessness as my family was up north. She said "why do you almost seem happy about this?" I said "Because I am now a totally honest man, someone my family can he prour of. If I become homeless I will not head up north, I will go into the shelters and take care of people there."
It didnt happen, I had to rapidly learn new skills and I worked pretty hard for a short time. But I succeeded big time. And you know what? The evolving process to overcome has ended fear of well, pretty much anything. If I knew I was going to die tomorrow I would not have any regrets. Its a nice feeling.
And now I have a few bucks to boot too and am well hedged and with opportunity. Rich folks need honest men who do what they say.
Paper money's for spendin, not savin.
Too many things can happen to those little paper scraps if you save em. Inflation, confiscation, clerical errors, fire.
Other mediums seem to be more suited for long term saving/storage.
"mush up their hair, and say 'Don't do that again.' Just how old is that kind of thinking? See this!
http://punch.photoshelter.com/image/I0000L.WsAiNiIvw
Can we even count the number of times they've done that again? We're the fools to trust them.
at least consistent - also says Hitlery has right to use private email server for classified emails.
DOJ - they are working for YOU.
Something big this way comes.....
Last time I looked in my wallet, the money I found there, not even mentioning the plastic tokens of credit was a few bills that clearly stated that they were Federal Reserve Notes. A federal agency may be under contract to print them but make no mistake. The money in your pocket is the property of a private bank.
A silver eagle on the other hand is mine if it is in my pocket.
That's one reason I've periodically posted pictures of the bag the "money" comes in to reiterate the point for those that don't understand. They own nothing with Federal Reserve on it except debt servitude and the right to give it all back to them or remain their slave.
http://analog-roverall.ocnk.net/data/analog-roverall/product/20140428_b7...
+1
This one is pretty too:
http://punch.photoshelter.com/gallery-image/Victorian-Era-Cartoons/G0000...
The cops can gun you down without an excuse and the gov't schools can kidnap your children, why shouldn't the banksters take your money?
Americans are so doped up and dull, the majority don't even notice. The rest just hope they don't get targeted for abuse.
Stalin's Wet Dream Amurika.
Yabut how about that fantasy football.
Bingo. Many are waking up to the fact that the Fed is a criminal operation hiding in plain sight.
For example, if they really wanted "inflation", they could have let some TBTF banks fail, then turned around and cut every taxpayer a check for a million dollars, they would have got inflation, jobs would have been created, DEBT would have been extinguished and the government would have seen an increase in tax revenues. Overall we would have less debt or, in other words, it would have been a far cheaper and more equitiible solution. Instead they continue with their "let the majority eat cake" monetary experiment.
So be it, take the fucking head of every single living Federal reserve governor since 1971. Fine by me.
we need less token prosecutions
and more toking prosecutors
Since stealing is no longer a crime, they respectfully decline to be involved.....................
Government-controlled banks? Really? Bankster-controlled government is the reality.
I like to envision them as skipping hand in hand to the promised land.
Of the three allegedly co-equal branches of .gov, Justice is hands down, the most corrupt. Without blinders on Justice we are royally screwed.
I'm going to go eat a giant bowl of ice cream and bury my woes in a sugar swoon,
;-D
...three allegedly co-equal branches of .gov, Justice is hands down, the most corrupt...
The Justice Department is a Cabinet department of the Executive Branch of government, i.e. under the direct oversight of Dear Leader. The Judiciary will only rule on cases brought before it at the request of the executive the people have placed in charge.
What Dear Leader is effectively exercising is a form of jury nullification in the sense that he is refusing to acknowledge the legitimacy of any laws the Legislative branch may have passed defining the conduct of his cronies on WS as unlawful.
The constitution does allow for the source of the true power of the land to be exercised in order to rectify this situtation, but it has yet to occur.
jmo.
Perhaps I should have said, "Judicial". The salient point is that Lady Justice is peeping out from under her blindfold before she renders a decision.
;-D
dear messy, it's really a small point in talking about a government corrupt from left to right, top to bottom, with a few honest men and women trying to do right, but judicial is the court system. what is under discussion here is the justice dept. of the executive branch which is under the direct control of the great reformer, agent of change, barack obama, who refuses to bring prosecutions into the judicial system and blocks/neutralizes any attempts by states to do it.
seriously, george h.w. bush (daddy) is probably one of the most central players in the great crimes running from jfk's assassination to iran/cocaine/contra to 9-11. yet even he put perps in jail in the great (and much smaller) savings and loan scandals which blew up on his watch. and perhaps that's it. they were smaller; had they been the big n.y. banks and trading houses they probably would have walked then.
In Amerika, Lady of Justice is not blind fold or eye is closed, but if watch carefully is frequently to wink. Wink and nod if you are know what I am meaning.
Piano wire...
broken wire...broken system (!)
Hangseng strongest, Japan's 2nd, 3 Singapore's in top ten, and the only Chinese bank is BOC-HK, hummmmm.
these banks will never be prosecuted as things stand now. something must change. as i see it the most vulnerable chink in the armor of the corrupt triad consisting of the u.s. government (especially national security, regulatory and justice-judicial)/transnational corporations (especially financial, media, energy, communications and military-industrial)/zionist-neoconservative-israeli forces is 9-11. everything else is pretty well hidden or open for debate or caught up in partisan politics.
9-11 is different. it is the bridge too far. it is the overreach that can be demonstrated to be false. polls over the years show u.s. citizens are less and less believing of the government's incredible (as in not credible) story: https://en.wikipedia.org/wiki/Opinion_polls_about_9/11_conspiracy_theori...
rand paul and others are trying to get secret pages of the 9-11 report (which doesn't mention building 7) declassified. a new movie by the highly credible and non-partisan architects and engineers for 9-11 truth (now has added firefighters to the mix) has just been released: https://www.youtube.com/watch?v=OsoY3AIRUGA
once a growing majority of the nation (and it is already larger than many imagine) see through this lie, many things become possible. this crime is too great and too evil. it starts to peel back like an onion. there is no statute of limitations on murder.