MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Money Laundering’

Where is the $56 billion ‘to Ukraine’ actually going?

Posted by M. C. on May 14, 2022

The making of a money laundering operation.

Jordan Schachtel

This latest replenishment bill much more resembles money laundering via the narrative of America’s undeclared war against Russia. Money is being printed and distributed to a small group of wealthy regime insiders on the backs of the American taxpayer.

The United States has now delegated some $56 billion in new money to debase the currency “for Ukraine,” but hardly any of it is actually going to the Ukrainian people.

Due to President Trump, the D.C. war machine spent 2016 to 2020 starving for a monetary replenishment. And now that they have their man in the White House, along with easy consensus in the legislature, it’s time to cash in.

Wherever your opinion resides on this proxy war/inter-slavic spat 5,000 miles away on the Russia-Ukraine border region, reality cannot be denied.

The $56 billion and counting in “aid for Ukraine” that’s passing through the American legislature primarily serves the purpose of greasing the skids of the D.C. Beltway ruling class. And you’re paying for it.

If you think the people of Ukraine are going to see one dime of this money, think again. Not even the “humanitarian aid” portions of the assistance will reach the Ukrainian people, as it will be absorbed by a variety of DC lawyers, lobbyists, NGOs, and other well connected middle men. See: Afghanistan.

ST Foreign Desk @STForeignDeskDefiant US Senator Rand Paul stymies effort to pass $56 billion Ukraine aid bill Defiant US Senator Rand Paul stymies effort to pass $56 billion Ukraine aid billThe stalemate delayed passage of the measure into next week. . Read more at straitstimes.com.straitstimes.comMay 12th 20222 Retweets1 Like

If they gave the bill a more accurate title, it would be called the “Money For Raytheon And Friends” bill, as the majority of the funds from the latest $40 billion behemoth will be used to supply weapons purchase orders, and resupply weapons that were already sent to Ukraine, which arrived with a seeming back room deal to add to the deep pockets of the weapons manufacturers back home.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , | 1 Comment »

Republicans Have Always Dictated What Americans Can Think, Smoke, and Do with Their Money – The Future of Freedom Foundation

Posted by M. C. on March 13, 2021

We should never forget that Republicans do not for a minute believe that Americans can decide for themselves “how best to live their lives.”

https://www.fff.org/explore-freedom/article/republicans-have-always-dictated-what-americans-can-think-smoke-and-do-with-their-money/

by Laurence M. Vance

Democrats may want to censor what Americans can read and watch, but it is comical to hear Republicans complain about it, since they have always dictated what Americans can think, smoke, and do with their money.

We should never forget that Republicans do not for a minute believe that Americans can decide for themselves “how best to live their lives.”
[Click to Tweet]

Late last month, Democratic Representatives Anna Eschoo and Jerry McNerney, both of California, and both senior members of the House Energy and Commerce Subcommittee on Communications and Technology, sent a letter to “12 cable, satellite, and streaming TV companies urging them to combat the spread of misinformation and requesting more information about their actions to address misinformation, disinformation, conspiracy theories, and lies spread through channels they host.”

Reads the letter,

Our country’s public discourse is plagued by misinformation, disinformation, conspiracy theories, and lies….

Nearly half of Americans get their news primarily from TV. However, not all TV news sources are the same. Some purported news outlets have long been misinformation rumor mills and conspiracy theory hotbeds that produce content that leads to real harm. Misinformation on TV has led to our current polluted information environment that radicalizes individuals to commit seditious acts and rejects public health best practices, among other issues in our public discourse.

The good members of Congress urged these companies to “combat the spread of misinformation” and requested of them information about their actions to address “misinformation, disinformation, conspiracy theories, and lies spread through channels they host.”

Two days after the letters went out, the House Subcommittee on Communications and Technology of the Committee on Energy and Commerce held a hearing on “Fanning the Flames: Disinformation and Extremism in the Media.”

In his opening statement, Committee on Energy and Commerce Chairman Frank Pallone (D-N.J.) acknowledged that “the First Amendment prohibits us from passing laws that inappropriately limit speech — even when it is controversial or overly partisan,” but then tried to justify Congress’s looking into “the spread of misinformation that causes public harm.”

Subcommittee on Communications and Technology Chairman Mike Doyle (D-Penn.) likewise affirmed the First Amendment, but then tried to justify Congress’s examining and evaluating media outlets “and the role they play in disseminating disinformation and fomenting extremism.”

The letter and the hearing did not go unnoticed by House Minority Leader Kevin McCarthy (R-Calif.).

In a speech on the House floor the same day as the hearing, McCarthy warned that Democrats are trying to censor what Americans can read and watch:

It has never been Congress’s role to define and enforce journalistic standards. The 1st Amendment expresses [sic] prohibits the government from controlling what the press says, but Democrats are trying to give themselves the power to dictate what you can read and watch in your own home, and their assault on free speech goes beyond today’s disgraceful hearing….

These are members of Congress who are using their official position to coerce and control the information Americans can watch and access in their own homes.

They’re demanding more censorship, more de-platforming, and more control of what Americans can watch….

Democrats’ actions this week make it clear that the greatest threat to free speech today is not a law from Congress, which is bound by the 1st Amendment. The greatest threat is politicians who bully private companies to silence dissenting views.

McCarthy said that Americans can decide for themselves “how best to live their lives,” and they deserve to decide how to take care of their families or open their businesses during a pandemic, and they “deserve to decide to watch the news, judge the information they choose and draw their own conclusion about its accuracy.”

Now that they control both Houses of Congress and the presidency, the Democrats are clearly trying to do everything in their power to silence dissent, even if it means violating the First Amendment.

But who are Republicans to talk? They have always dictated what Americans can think, smoke, and do with their money. This is certainly just as bad as Democrats’ dictating what Americans can read and watch.

Republicans have always dictated what Americans can think.

The federal government outlaws discrimination on the basis of race, color, religion, sex, national origin, disability, age, and other factors. Most states have similar laws. But to ban discrimination is to ban freedom of thought and freedom of association. In a free society, everyone has the natural right to think whatever he wants to think about any individual or group and the right to choose to associate or not associate with any individual or group on the basis of those thoughts. His thoughts may be erroneous, illogical, irrational, unreasonable, or nonsensical, and his opinions may be based on stereotypes, conjectures, prejudice, bigotry, or racism, but in a free society everyone is entitled to his own thoughts and opinions. And who supports discrimination laws? Republicans of course.

Republicans have always dictated what Americans can smoke.

Marijuana is classified by the federal government as a Schedule I controlled substance under the Controlled Substances Act. As a Schedule I drug, marijuana is said to have “a high potential for abuse,” “no currently accepted medical use in treatment in the United States,” and “a lack of accepted safety for use of the drug under medical supervision.” Possession of marijuana is a violation of federal law punishable by a maximum sentence of one year in jail and a minimum fine of $1,000 for a first conviction. Who supports marijuana prohibition laws on the federal level? Republicans of course. There are thirty-five states where the medical use of marijuana is legal, and fourteen states where the recreational use of marijuana is legal. Who opposes the legalization of marijuana on the state level? Republicans of course.

Republicans have always dictated what Americans can do with their money.

Although gambling in the United States is technically legal under federal law, the federal government does have a number of laws that regulate gambling. Each state can prohibit or regulate various forms of gambling within its borders. Only Nevada and Louisiana permit casino-style gambling statewide. Others states allow commercial casinos in some form, but generally restrict them to certain geographic areas. They also require state licensing and heavily restrict and regulate the gambling industry. Private gambling not done under the regulatory eye of the state is generally illegal in any form. And who supports gambling laws? Republicans of course.

Although it is legal for people to be paid to have sex — in front of a director, camera, and crew, and then, after production and distribution, in front of hundreds, if not thousands, of strangers — it is illegal for people to be paid to have sex in the privacy of their car, home, or hotel room. Although it is legal for consenting adults to have sex as often as they want and with as many different partners as they want, it is illegal if one of the parties pays the other for it. And although it is legal to pay for dinner and a movie to get some moments of intimacy with someone of the opposite sex, it is illegal to pay someone directly and skip the dinner and movie. And who supports prostitution laws? Republicans of course.

In a free society, people have the freedom to do what they will with their own money. Whether they “waste” it on gambling or prostitutes is their business and none of the government’s business.

But don’t Democrats support laws against discrimination, drugs, gambling, and prostitution? Of course they do. But Democrats don’t claim to be the party of the Constitution and recite a mantra of limited government, individual freedom, private property, free enterprise, and the free market.

The Democratic assault on the First Amendment is real. But we should never forget that Republicans do not for a minute believe that Americans can decide for themselves “how best to live their lives.”

This post was written by: Laurence M. Vance

Laurence M. Vance is a columnist and policy advisor for the Future of Freedom Foundation, an associated scholar of the Ludwig von Mises Institute, and a columnist, blogger, and book reviewer at LewRockwell.com. He is the author of Gun Control and the Second Amendment, The War on Drugs Is a War on Freedom, and War, Empire and the Military: Essays on the Follies of War and U.S. Foreign Policy. His newest books are Free Trade or Protectionism? and The Free Society. Visit his website: www.vancepublications.com. Send him e-mail.

Be seeing you

Posted in Uncategorized | Tagged: , , , , , , | Leave a Comment »

The Biggest Heist in Human History | The Libertarian Institute

Posted by M. C. on April 12, 2020

This, of course, is pretty much the definition of how money-laundering works….

https://libertarianinstitute.org/articles/the-biggest-heist-in-human-history/

by

As he valiantly tried to get a recorded vote on House passage of the $2.2 trillion coronavirus bill (the CARE Act), Rep. Thomas Massie learned once again last month the chief difference between the members of Congress and the inmates of a maximum security prison: Supermax prison inmates have better character than members of Congress. 

He should have known this already, since few inmates of a maximum security prisons would say that the ongoing drone-killing of children and warring on al-Qaida’s behalf is morally necessary, as the majority of congressmen did

In this instance, however, the congressional moral turpitude was financial. It’s unimaginable to think of prisoners bragging about how their actions just swindled a gaggle of plumbers, waitresses and department store clerks out of their homes, but if you listened to the speeches of congressmen passing the bill, you’d think those clerks who will lose their homes should be grateful.   

Sure, lots of prisoners have been incarcerated for robbery, but they almost always rob from the rich. Congress used this bill to rob from the poor and working people in order to subsidize mega-corporations and banks from the tips of waitresses. “Some will rob you with a six-gun, and some with a fountain pen,” Woodie Guthrie once sang, but “as through your life you roam, you will never see an outlaw drive a family from their home.”  

The bill admittedly contained $300 billion in cash payments to citizens, but – thanks in part to a $454 billion accordion program through the Federal Reserve Bank – more than ten times that amount will go in the form of cash subsidies and discount loans to big banks and giant corporations. The bill is not really a $2.2 trillion bill, but is instead a $6 trillion bill, the overwhelming majority of which will go to politically-connected corporations and banks.

$454 billion into $4 trillion

The New York Times explained how the Fed can get $454 billion and turn it into $4 trillion: “Legally, the Fed is not allowed to buy debt that is not backed by the government. To achieve a degree of separation, it sets up a special purpose vehicle and then lends into it — which is why all of these programs are called ’emergency lending.’ The vehicle then snaps up bonds or makes loans to the private sector.” 

This, of course, is pretty much the definition of how money-laundering works….

“And just to take one small example for people to think about: One of the new forms of assistance that was different in this bill from 2008 is that the Fed and the Treasury are now going to be buying corporate bonds. So last time around the government basically spent a lot to prop up the mortgage markets. They bought mortgage-backed securities; they took bad mortgage assets off the books of the banks. That was one of the big things they did. This time they are expanding that activity to buying the debt of companies and supporting the bond market, which is a whole new galaxy of support.”

The reality is that panicked Karen government officials engaged in an insane experiment of national economic shutdown without any understanding of the science of what would happen. The government officials were never asked by the corporate media any of the following questions: 

1. If the “flatten the curve” strategy isn’t part of the federal government’s official strategy (and it’s NOT even mentioned in official documents), how can it work nationally?

2. How long do you think you can keep the shutdown going before food riots begin? How much of a new Great Depression are you willing to create in order to keep this shutdown going?

3. Do you expect your shutdown/“social distancing” campaign to abolish the virus completely?

4. At what point do you return to people working? How many infections – domestically and internationally – is the minimum number that keeps the shutdown going?

5. Do you really think Bangladesh, South Sudan and Haiti will “flatten the curve” by shutting down their economies to fight coronavirus? What do you do when poor countries understandably don’t follow our lead because they don’t want famine?

6. What do you do after the shutdown ends and that virus comes back out of control, either in the US domestically or internationally? If internationally, do you impose a blockade and create a famine in poor nations with tens of millions of dead? Bomb them into submission?

7. Do you think the disease will become less contagious once the shutdowns end? How can you guarantee we won’t have to re-impose a shutdown?

8. How do you re-impose a shutdown while we’re already in a depression with 20% unemployment and a bankrupt government? How do you think workers will take a new shutdown when Washington has no more money to dole out?

But government officials still need to be made to answer these questions, and should have before they imposed the shutdown. Americans need to grab a pair of Rowdy “Roddy” Piper’s glasses from “Them,” wake up the zombie quaranqueens, and demand answers to these questions along with an end to the economic shutdown to limit the accumulating damage. 

Then, they need to put a stop to the greatest heist in the history of the world. The $2 trillion in bailouts for Wall Street is only the beginning. Unfortunately, more is coming unless the people demand it stop.

Be seeing you

 

 

 

Posted in Uncategorized | Tagged: , , , , , | Leave a Comment »

After Slamming Bitcoin As A Money Laundering Tool, JPMorgan Busted For Money Laundering | Zero Hedge

Posted by M. C. on November 17, 2017

Will US taxpayers bail out JP Morgan again? Probably. That is why John D. Rockefeller and J.P. himself helped create the Fed.

http://www.zerohedge.com/news/2017-11-16/after-slamming-bitcoin-money-laundering-tool-jpmorgan-busted-money-laundering

Two months after JPMorgan CEO Jamie Dimon lashed out at bitcoin, calling it a “fraud” which is “worse than tulip bulbs, warning it won’t end well”, will “blow up” and “someone is going to get killed” and threatened that “any trader trading bitcoin” will be “fired for being stupid” as it was merely a tool for money-laundering, today Swiss daily Handelszeitung reported that the Swiss subsidiary of JPMorgan was sanctioned by the Swiss regulator, FINMA, over money laundering and “seriously violating supervision laws.” Read the rest of this entry »

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

Fining HSBC for Drug Money Laundering – What About the CIA?

Posted by M. C. on December 12, 2012

Another example of Washington’s and the media’s complete lack of integrity.  The utter gall the government has in charging anyone with money laundering or drug selling.  It has been known for years to anyone who cares to look that the CIA pads their budget with drug money and laundering.  See here, here, here and here.

I was thinking for a while maybe Fast and Furious may have been part of a CIA money making scheme.  The CIA are bunglers but usually not that bad.  (A favorite is here but it is more about their sieve-like English counterparts.  Say what you want about Stalin and the soviet system, they know how to spy and assassinate.) Read the rest of this entry »

Posted in Government Sponsored Terrorism | Tagged: , , , | Leave a Comment »