The World Is Getting Robbed: Bailouts Going To Money Laundering!!

Creators Syndicate

Russian:

But a report prepared by Germany’s intelligence agency (BND) on money laundering in Cyprus has laid bare the political risks involved, Spiegel said.
“The report of the BND shows who will profit most of all from the billions in European taxpayer funds – Russian oligarchs, businesspeople and mafiosi who have parked their illegal earnings in Cyprus,” the magazine said.

http://www.incyprus.com.cy/en-gb/Blogs/4324/31030/bailout-concerns

Iranian:

Britain’s Daily Telegraph newspaper reported in late October that the senior aide to President Mahmoud Ahmadinejad allegedly used regular visits to Vienna to build an international network to launder millions of euros through Austria, Italy and Germany.

http://nowlebanon.com/NewsArticleDetails.aspx?ID=453969

GM for American Political Parties:

I suggest you read the article, Repaying Taxpayers With Their Own Cash, written by NY Times reporter, Gretchen Morgenson. Gretchen points out that in April 2010 when GM bragged that they were able to repay the taxpayers in full, with interest, and ahead of schedule, that the money was paid back with TARP money. They payed us back with our own money my friends.

http://www.norcalblogs.com/gate/2012/05/obamas-gmunion-bailout-a-thoroughly-corrupt-and-failed-investment.php

CONTRIBUTIONS

$485,709
ranks 641 of 20,093
LOBBYING

$4,330,000 (2012)
$10,995,000 (2011)
ranks 45 of 4,089 in 2012
OUTSIDE SPENDING

Explain these rankings to me
CONTRIBUTIONS: $485,709
Total contributions to PACs, parties and outside spending groups: $123,910
Total contributions to candidates: $361,799

Top Candidate Recipients, 2011-2012
Barack Obama (D) $58,123

http://www.opensecrets.org/orgs/summary.php?id=D000000155

The World Will Never Get out Of Debt.

The Federal Reserve also operates its own financial Laundromat for troubled, in some cases criminal banks. The Fed’s loan laundry and downscale resale consignment shop first takes in the wash by purchasing non-performing, and therefore largely worthless financial assets (loans and loan-backed securities) to remove them from the books of private banks.

http://www.forbes.com/fdc/welcome_mjx.shtml

Britain:

The New York agency charged that Standard Chartered conspired with Iranian clients to route nearly 60,000 different U.S. dollar payments through Standard Chartered’s New York branch “after first stripping information from wire transfer messages used to identify sanctioned countries, individuals and entities.”

http://www.washingtontimes.com/news/2012/aug/7/ny-accuses-british-bank-of-laundering-money-for-ir/

The bank said that it had yet to reach an agreement with US regulators on the ultimate size of the fines following accusations it had handled money that derived from Mexican drug cartels and rogue nations such as Iran and Sudan.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9655005/HSBC-profits-hurt-as-fines-charge-hits-1.5bn.html

Iraq:

Iraqi auditors believe as much as $800 million in American dollars is being sent out of the country illegally each week, draining it of hard currency, according to a report by American inspectors released Tuesday.

http://www.nytimes.com/2012/10/31/world/middleeast/iraq-report-on-money-laundering.html?_r=0

Mexico:

A U.S. Senate investigative committee reported that in 2007 and 2008 HSBC Mexico sent to the United States about $7 billion in cash. The committee report said that amount of cash indicated “illegal drug proceeds.”
HSBC Mexico acknowledged that it failed to report 39 suspicious transactions and had been late in reporting 1,729 others.

http://www.foxnews.com/world/2012/11/05/hsbc-profit-slumps-as-money-laundering-payment-insurance-costs-up-by-11-bln/#ixzz2BMggBwEc

India:

Reebok case: ED begins money laundering probe

Read more at http://investmentwatchblog.com/the-world-is-getting-robbed-bailouts-going-to-money-laundering/#yPr581fzI7JtFeCP.99