Big Banks, Drug Cartels, Money Laundering, and Anarchism

There’s a website named the Daily Paul (DP) that’s allegedly “dedicated to restoring constitutional government to the United States of America”.  The site receives a lot of traffic and promotes the ideas of Ron Paul.  After following the site for a couple weeks, I realized that many of those commenting and posting were anarchists, and most of them claimed that Ron Paul is an anarchist.  So I wrote a post titled Is Ron Paul an anarchist? I don’t think so but… 

The post received hundreds of comments, most from anarchists claiming Ron Paul as one of their own.  But the anarchist arguments seemed blatantly contradictory because Ron Paul supports limited Constitutional government while anarchists oppose all forms of government.  

Those who value representative government and the rule of law should learn more about the subversive nature of anarchism, and how it’s manifested at the highest levels of the global economy.  For example, global banks launder hundreds of billions of dollars for drug cartels, mafia organizations, and illegal arms dealers.

The anarchists at DP refer to these black markets as anarcho-capitalism, and black market participants as ancaps.  Anarchists attempt to hide the subversive, criminal nature of their ideology behind the libertarian philosophy of Ron Paul.  You can learn more about the ancap ideology by clicking on the link in the first paragraph.

During the administration of President George Bush Sr., Catherine Austin Fitts was assistant Secretary at the department of Housing and Urban Development (HUD).  October 19, 2006, she was interviewed on Jefferson Public Radio in Ashland Oregon.  She said “HUD is being run as a criminal enterprise….it can’t be run as a criminal enterprise unless intentionally run that way”.  This was about eighteen months before the collapse of Fannie Mae and Freddie Mac, which were part of HUD’s oversight responsibilities.

The collapse of Fannie and Freddie resulted in 6.3 Trillion dollars of toxic assets and liabilities being dumped on taxpayers.  Ms. Fitts also said “there is no government, only large defense contractors and large banks who run a government mechanism”.  She cited a Justice Department spokesman who said 500 billion to a Trillion dollars from drug cartels, is laundered through the New York Stock Exchange every year.

The following information and pictures are from Global Research.  Big American banks also launder money for drug cartels.  See this, this, this and this.  Indeed, drug dealers kept the banking system afloat during the depths of the 2008 financial crisis.

The U.S. military has openly said that it is protecting Afghani poppy fields, meanwhile, 60 Billion dollars has been lost due to waste, fraud, and abuse by defense contractors.

The cultivation of opium poppy in Afghanistan—a nation under the military control of US and NATO forces for more than twelve years—has risen to an all-time high, according to the 2013 Afghanistan Opium Survey released Wednesday by the United Nations.

According to the report, cultivation of poppy across the war-torn nation rose 36 per cent in 2013 and total opium production amounted to 5,500 tons, up by almost a half since 2012.

“This has never been witnessed before in the history of Afghanistan,” said Jean-Luc Lemahieu, the outgoing leader of the Afghanistan office of the United Nations Office on Drugs and Crime, which produced the report.

The U.S. military has allowed poppy cultivation to continue in order to appease farmers and government officials involved with the drug trade who might otherwise turn against the Afghan Karzai government in Kabul.  Fueling both sides, in fact, the opium and heroin industry is both a product of the war and an essential source for continued conflict.

Public Intelligence has published a series of photographs showing American, and U.S. trained Afghan troops, patrolling poppy fields in Afghanistan. 



HSBC, the largest bank in Europe, admitted to laundering 800 million dollars for Mexican drug cartels.  HSBC also launders money for Iran and other terrorist organizations.  US Attorney General Eric Holder says some banks (like HSBC) are too big to prosecute.

JP Morgan Chase agreed to a 9 billion dollar settlement for selling fraudulent mortgage backed securities.  As a result, there will be no criminal prosecution and much of the settlement will be tax deductible, unlike average citizens who cannot deduct fines when paying taxes.  The previous link also includes discussion of HSBC’s laundering of drug money.

The world’s largest banks and the governments they effectively bribe, are operating on the anarcho-capitalist (ancap) ideology.  Check out the section on monetary policy in the pdf Knowledge Is Power.

In the section on monetary policy, you’ll find a quote from President Abraham Lincoln.  In a letter to Colonel William F. Elkins dated Nov. 21, 1864, President Lincoln said: “As a result of war, corporations have been enthroned, an era of corruption in high places will follow, and the money power of the country will endeavor to prolong it’s reign by working upon the prejudices of the people, until all wealth is aggregated into a few hands and the Republic is destroyed.”

We can see how prejudices have been exploited in War on Terror.  For example, Americans have good reason to despise Islamic terrorists, but those prejudices have been fueled by a treasonous alliance between US and Saudi leaders.  Two US Presidents have portrayed the Saudi government as an “ally” in the War on Terror, meanwhile, the Saudi’s fund ten thousand madrasses (schools) in Pakistan that produce graduates “perfectly prepared for a career in jihad”.

So it’s no surprise that Afghanistan’s Taliban movement originated in neighboring Pakistan, which continues to support terrorism directed at U.S. troops in Afghanistan.  During his farewell speech as President, former Army General Dwight D. Eisenhower warned Americans about the “military industrial complex”.

If interested, there’s a couple links to my DP posts below.  Click here to view a list of all my DP posts and comments.  The following two pertain to the theme of this post.

Obama, Wall Street, and the Federal Reserve, a Fascist Regime

 Rand Paul: One Person Can Make a Difference

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