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Criminal Corporations & The Law…

Throughout American history there have been occasions when gov’t and society have labeled monopoly capitalism in violation of fair competition and free enterprise and busted them up. Today (August 2016, The Director of the FBI is a Board member of this Clinton Foundation connected enterprise.)

Banking conning tower..

Banking conning tower..

Congress’s first such law was the Sherman Anti-Trust Act of 1890. Senator John Sherman (R-OH) was the brother to famed Union General William Tecumseh Sherman.

Of course, that hasn’t stopped sociopaths from rising to the top of corporations like gaseous turds; it’s their nature. To them, the law and democracy is just a “technicality” to be overcome.  As youth, they never achieved moral social consciousness. This is one of those times…

Not that we need more examples… The feature article in the current issue of Rolling Stone by Matt Taibbi, entitled “Gangster Bankers: Too Big to Jail,” speaks precisely to this preamble.

Taibbi provides us with a remarkably detailed report of the Hongkong & Shanghai Banking Corporation (HSBC), which has some 60 million customers and operates thru four major global businesses.

The HSBC is the largest criminal organization in the world facilitating the financing of drugs, terror and mass murder, and they openly and arrogantly get away with it.

This fact is recognized by the U.S. Justice Department, the same class-oriented prosecution agency that has convicted millions (over 220,000 current prisoners) of far lesser crimes, upon which they help impose draconian sentencing in some 116 prisons at their disposal. More of these facilities themselves are becoming privatized prisons.

Those under criminal justice supervison in the U.S., over 6 million souls (2.4 million incarcerated), comprise a gulag even larger than under Joseph Stalin.

(By the Bureau of Prisons own admission, only some 3% of the federal prison population are violent predatory criminals. The vast majority of prisoners are conservative moral and consensual “criminals,” guilty of class-oriented public offenses and ordinances.)GreedCycle

HSBC started in 1865 when they were the colonial bank for British imperialists then involved in the Second Opium War against China (forcing China to accept opium sales for British profit).

Among the known criminal organizations to the U.S. Justice Department, the HSBC and its executive leadership consciously facilitates Al Qaeda, Mexico’s Sinaloa drug cartel (with tens of thousands of drug murders alone), Russian gangster orgs and basically anywhere there’s a profit to be made, legal or otherwise.

How do they do it? Easy. As a multi-$trillion banking and finance empire they move illicit cash, usually in their own name so it’s untraceable, anywhere in the world for a 20% skim off the top. Just walk into their banks and drop off the cash. Few questions asked–few records kept.

How do they get away with it? They simply ask themselves the question: “Who the fuck’s gonna stop us?”

Despite this knowledge, Assistant Attorney General Lanny Breuer predictably declined to prosecute them, stating, “Had the U.S. authorities decided to press criminal charges, HSBC would almost certainly have lost its banking license in the U.S. The future of the institution would have been under threat and the entire banking system would have been destabilized.”  Duh…who does he sleep with?

Instead, Breuer and the USDOJ fined the HSBC $1.9 billion (about 5 wks profit) and a free pass to continue their operations throughout the world and the U.S. No HSBC executive has suffered the loss of a single dollar, nor did a single day in prison.

When it was pointed out to Assistant AG Breuer that HSBC had broken the same laws before, “Why not be tougher?” Breuer answered, “I don’t know what tougher means.” The fact is, this was HSBC’s third major strike! Hell, a guy in California was doing life on a third strike for stealing a slice of pizza.Debs

Too big to fail; too big to jail… That’s the state of justice for criminal financiers. The next step is for the major corporatists simply to assume total political control. There’s nothing to stop them.

There is virtually no crime related to profits for which they will or can be busted. Fines for them are merely the cost of doing business…more fines, more business.

And if they do get in too deep, hey! No problem. Their wannabe partners in gov’t will bail them out as too-big-to-fail/too-big-to-jail. The public treasury is simply their honeypot.

Included in the strategy of corporatist cadre since at least the ‘60s (probably themselves inspired from the left movements in the universities), sociopaths have assumed total political power in the Republican Party.

As a military veteran and a student leader, the experience taught me that the universities are a microcosm of national political life.

The central dichotomy simply comes down to those who wholly identify with securing personal wealth and power versus those of us who struggle with the ideals of social consciousness and responsibility. Given the nature of quasi-democratic capitalism, we’re largely reduced to impotent protests.

Today, those same ultra-right cadre have virtually total control of the Governorships and legislatures of 30 U.S. states, the House of Representatives and the U.S. Supreme Court.

Anyone with any familiarity with Sun Tzu, Bonaparte and Clausewitz, easily recognizes a classic field-pincer strategy.Entitlement

From the bottom, the Republican Party and its lumpen racists (KKK), militia-types and conservative base captured the states and are gerrymandering the poor, ethnic groups, liberals, progressives and the left out of electoral existence.

There is no end to their greed. Billionaire corporatist cadre squeeze from above to impoverish gov’t (“to a size that it can be drowned in a bathtub”) in order to privatize virtually all of its agencies, which then simply become corporate divisions.

George Orwell may have prophesized the corporate future with his book, 1984. But today, the sociopaths of fascist-corporatism are writing the final chapter.

Dr. Publico (Nick Medvecky PsyD), February 2013.

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