Wachovia Bank goes free for money laundering drugs, but the small petty drug seller can get life in prison

IN Charlotte, North CArolina-based Wachovia admitted to federal prosecutors taht it had a large role in the undocumented contributing to the the violent drug trade in Mexico for the past 4 years.

In May on this year Wachovia settled with the Justice department for $160 million dollar settlement for a failure in bank controls enabled drug traffickers to launder drug money by transferring money from Mexican currency-exchange houses to the bank. Wachovia’s new owner paid $160 million in fines and penalties, less than 2 percent of its $12.3 billion profit in 2009. Wachovia failed to identify and report suspicious transactions in third-party payment processor accounts," according to the Justice Department. Wachovia’s new owner paid $160 million in fines and penalties, less than 2 percent of its $12.3 billion profit in 2009. Prosecutors said the bank processed $420 billion in transactions without using proper money-laundering detection. According to the Justice Department, Wachovia accounts took in at least $373 billion in wire transfers that were made from "casas de cambio" ( which is an currency exchange operation) in Mexico between May 2004 and May 2007. As if this is not bad enough, more than $4 billion in bulk cash was shipped from Mexican casas de cambio to 'Wachovia' accounts, prosecutors allege. 'Wachovia' also operated a "remote deposit capture" service that took in another $47 billion, according to prosecutors.

It really gets better, some of the money was used to buy planes to traffic cocaine, U.S. investigators seized more than 20,000 kilograms of cocaine from the planes. Miami U.S. Attorney Jeffrey H. Sloman, whose office led the three-year probe said, "Wachovia's blatant disregard for our banking laws gave international cocaine cartels to finance their operations by laundering at least $110 million in drug proceeds. Corporate citizens, no matter how big or powerful, must be held accountable for their actions. This was in March of this year.

"Bloomberg' reported on June 29, 2010 that Wachovia, it turns out, had made a habit of helping move money for Mexican drug smugglers. Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers -- including the cash used to buy four planes that shipped a total of 22 tons of cocaine. Wachovia admitted it didn’t do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. This is the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history -- a sum equal to one-third of Mexico’s current gross domestic product. No bank has been more closely connected with Mexican money laundering than Wachovia

Since 2006, more than 22,000 people have been killed in drug-related battles that have raged mostly along the 2,000-mile (3,200-kilometer) border that Mexico shares with the U.S. In the Mexican city of Ciudad Juarez, just across the border from El Paso, Texas, 700 people had been murdered this year as of mid- June. Six Juarez police officers were slaughtered by automatic weapons fire in a midday ambush in April as reported by "Bloomberg".

With such a high drug use in the United States, we have one of our own a banks that were given a bail out while the people suffer had been the drug pusher for the communities with their network of 231 cities in the states, and to make a profit of $39 billion in sales annually as reported by the Justice Department. Mexico is an industry that supplies hundreds of tons of cocaine, heroin, marijuana and methamphetamines to Americans.

Former Director of Wachovia's anti-money-laundering unit in London form 2006 to 2009 says he quit the bank in disgust after executives ignored his documentation that drug dealers were funneling money through Wachovia’s branch network.

Wachovia is just one of the U.S. and European banks that have been used for drug money laundering. For the past two decades, Latin American drug traffickers have gone to U.S. banks to cleanse their dirty cash, says Paul Campo, head of the U.S. Drug Enforcement Administration’s financial crimes unit. Miami-based American Express Bank International paid fines in both 1994 and 2007 after admitting it had failed to spot and report drug dealers laundering money through its accounts. Drug traffickers used accounts at Bank of America in Oklahoma City to buy three planes that carried 10 tons of cocaine, according to Mexican court filings. Mexican cartels were caught depositing illicit funds in Bank of America accounts in Atlanta, Chicago and Brownsville, Texas, from 2002 to 2009. Mexican drug dealers used shell companies to open accounts at London-based HSBC Holdings Plc, Europe’s biggest bank by assets, an investigation by the Mexican Finance Ministry found.

Here is the best part of all if Wells-Fargo owner of Wachovia, keeps its pledge, the U.S. government will, according to the agreement, drop all charges against the bank in March 2011. If this is the case that is they keep their pledge, then every prisoner that is in jail for drug possession, use or selling drugs should be released. Every person that has had their homes taken away or lost cars and other properties should have these things that were seized returened to them.

If the 'elite' is going to make provosions for the bankers in breaking the laws that was a major contributor in the acts of these people who are in prison or lost their homes then they should be compenssated. Should we not also compensate the drug user who has become addicted to these products? How about the people that have applied for jobs in the banking industry that could not gain employment there because they had a criminal background, which could of been to a drug problem or failure to get a job, because when the bailouts went out to the banks they failed to reach the people who really needed it? Everyone who has had their home by foreclosure by these banks.

What is really needed is tell people that their birth certificate is on the stock exchange on Wall st. and how they can go about to obtain the credit that is on there to live without government in their lives.

http://www.youtube.com/watch?v=UWlnwl77hRs&NR=1

Also we need to pull all of our money out of the banks, bury it but we have to stop supporting and allowing those who are out of harm us to continue when we have the power in our hands to stop it.

http://www.youtube.com/watch?v=kzP6lDHVo6A&NR=1

1326k - Adobe PDF - View as html MODERN MONEY MECHANICS. A Workbook on Bank Reserves and Deposit Expansion. Federal Reserve ... If money is viewed simply as a tool used to facilitate transactions, ... http://www.truthsetsusfree.com/ModernMoneyMechanics.pdf

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Accepted for Value ...http://www.youtube.com/watch?v=pByZmACuIAk

Accepted for Value 2 ...http://www.youtube.com/watch?v=TJ7pzlARP30

You Own A Bond http://www.youtube.com/watch?v=v5l_oqqkADw

Accessing You Bond http://www.youtube.com/watch?v=CFTXy6re87A

Waiver Benefit Privilege http://www.youtube.com/watch?v=mNEFMdX5hbw

Waiver Benefit Privilege 2 http://www.../. more

http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html

http://online.wsj.com/article/NA_WSJ_PUB:SB10001424052748704059004575128062835484290.html

Freepointe's African Americans under attack with death threats and fires.

The home on the 15100 block of Sprenger was marked with signs warning of a fire marshal investigation and offering a $5,000 reward for information about the fire. The picture of this house was uploaded by Pan -African News Wire File Photos

On July 6th, 2010 residents that had moved into Eastpointe Suburbs outside of Detroit all of these residents were African American. Out of the 20 residents that had moved in 16 received death threat letters demanding them to move out or face death. On July 8th, one of the the recipients of the racial motivated death threats had 2 rooms in their house set on fire and their sister was passing by. The FBI, fire department and the police force does not believe that this was ARSON. However the renter of the house was questioned for two hours, he was released and not charged with a crime.

I have not heard of things like this since I was a child in the 60's and 70's. I would like to know if these people who had an all white neighborhood feel or think that we as black people that we are contagious, that our blackness may rub off on them? Do you blame us for the failed auto industry that caused an economic problem in Detroit as if we were not effected by it? Or do you blame us for all of the foreclosures that are happening there?

I would like to know why the authorities are not acting on the letters received and also on this home being on fire? Where is this lack of concern coming from? If this was reverse with whites moving into the "Hood" and they receive such letters, what would the outcome be?

Is the country striving to start a racial riot, with the killing of Oscar Grant and here in Eastpointe and so many other places that are not making national news? How can any race in this country not think that anyone is not suffering under this present economic system except if you are the elite. Has not anyone taken notice that we the people are all in the need of a bail out, but the POLITICIANS are only out for their own self-interests and not the interest of the people.

Have we come to the point where peaceful people are being forced to become violent and then to become a part of the over-crowded prison system are do we need more people in the grave? If the people of Freepointe that is sending out these letter of death threats would stop and thing, they could learn something from the people that have moved there, African Americans know a lot about survival, we have been doing it for centuries, instead of hating us for no cause we could learn from each other. Have you the ones that are sending these death threats stopped to talk with your neighbors to see and hear the struggles that they are living also. Are you afraid that our black males that you have taught your daughters to stay away from, will end up being with one? I have news for you, what you try to keep your kids from that is filled with hate is what they run to if not in their own neighborhood, then they will come to where the black people are.

Sam Cooke wrote a song A change is gonna come. That change did come and we see that it was not completed and the change is gonna come again and I hope that it will be a peaceful change and not waiting for the results of a thunderstorm that causes major damages in this country. Have not we learned anything from history. African Americans are here to say and if we can afford to move into your neighborhoods we will, just like you move into ours.

So right now who is being the gangsters, us or you, who is the trouble makers us or you? Who is going to stop this foolishness from continuing us or you? Who would like to be the recipient of these death threats?

IN THE WORDS OF BOB MARLEY I LEAVE YOU WITH DON'T WORRY BE HAPPY

http://abcnews.go.com/US/racist-letters-mailed-homes-detroit-suburb/story?id=11126464

http://mctcampus.com/preview.php?id=201007090808MCT_____REG_NEWS2763792_0

http://crimeseekers.net/forums/showthread.php?t=8080

Jesse Jackson and the NAACP are accussed of playing the race card.

Have we as the Black race over used the race card? Can it now be stated that since the

United States has a Black President, that Black America has been paid for the injustices that have done against them for hundreds of years? Is it now time for the black race to issue a pass to the white Americans that enslaved and robbed us of land, families, knowledge of self and pride as to who we were and where we came from. Has the time come for Black America to now look at the White Race as a whole and say that I trust you with my life and my future along with the rearing of my cchildren and to say thank you for beating my ancestors into submission to accept a new way of life that you have now subjected our people to?

Have the Black Leaders gone to far in their assertion that black Americans are still being treated as an underclass people, or are they making something that is really out of nothing ,or does the media who like to have their ratings raised by news for the entertainment of the masses, a black man, being beaten by the police, or one that is laying in his own blood because he has been shot by a police officer who said that he thought that he had a gun to only discover that it was not and was a small thing as a cellphone or a wallet? Or if you are walking down the street and a crime happens and the description is that it was a black man, that any black will do that you catch on the street? And for the exception of the recent cases in New Orleans, these police officers are let off , because after all it was done in the line of duty and they felt that their lives were in danger.

http://www.youtube.com/watch?v=C4uBncMHM7A

http://www.youtube.com/watch?v=eZTbJH6BNaU

http://www.youtube.com/watch?v=A-VYoQZh7SA

Should the black race, erase from their minds the treatment of black men that were treated with syphilis and was not given the cure, so that they can be experiments to see what this disease would do to them in the future?

http://www.youtube.com/watch?v=VpIEn9AMhts And to see commericals all the time on the television of volunteering for experimental treatments for drugs? Then to think that we should be foolish enough to get up and run to do these experiments on our bodies as if Tuskegee never happened and could not happen again.

http://www.youtube.com/watch?v=mi8DQspNeX4

http://www.youtube.com/watch?v=j6YK7CNvum8

Having an acknowledge black president today does not cover the wrongs that were done to us as a people. We should not be told to forget it, it is the passed, that is the same thing that was done to the people of Africa when they were stolen from their land that they were forced to forget their homeland traditions and culture, to toil at this land that they could never hold the freedom that they worked so hard for.

No, where do we tell the Jewish people to for what Hitler and his regime did to them as a race, nor should we. In not telling the Jewish people not to forget nor neglect their history, we as Black Americans, should never be told to forget what has happened to us as a people and to not pass that knowledge on to our children.

So no, at this time I do not walk around hating white people as a whole, I don't agree with everything that a white person says or for that matter anyone says. But to think that all debts are clear and all memory is erased over what has been done and still being done, by white America to black Americans because of having President Obama in office, does not pay the debt for the hardships that have been taken away from us.

I still have to commend the NAACP and Al Sharpton and Jesse Jackson when they do speak out even when it is for their own personal gain. No, we do not use the race card, the race card has been used against us and it is still being used against us on every standard on living in our lives.

Jesse Jackson and the NAACP are accussed of playing the race card

Have we as the Black race over used the race card?  Can it now be stated that since the United States has a Black President, that Black America has been paid for the injustices that have done against them for hundreds of years?  Is it now time for the black race to issue a pass to the white Americans that enslaved and robbed us of land, families, knowledge of self and pride as to who we were and where we came from.  Has the time come for Black America to now look at the White Race as a whole and say that I trust you with my life and my future along with the rearing of my cchildren and to say thank you for beating my ancestors into submission to accept a new way of life that you have now subjected our people to? 

Have the Black Leaders gone to far in their assertion that black Americans are still being treated as an underclass people, or are they making something that is really out of nothing ,or does the media who like to have their ratings raised by news for the entertainment of the masses, a black man, being beaten by the police, or one that is laying in his own blood because he has been shot by a police officer who said that he thought that he had a gun to only discover that it was not and was a small thing as a cellphone or a wallet?  Or if you are walking down the street and a crime happens and the description is that it was a black man, that any black will do that you catch on the street?  And for the exception of the recent cases in New Orleans, these police officers are let off , because after all it was done in the line of duty and they felt that their lives were in danger.

Should the black race, erase from their minds the treatment of black men that were treated with syphilis and was not given the cure, so that they can be experiments to see what this disease would do to them in the future? And to see commericals all the time on the television of volunteering for experimental treatments for drugs? Then to think that we should be foolish enough to get up and run to do these experiments on our bodies as if Tuskegee never happened and could not happen again. 

 Do we are a people erase from our minds the unjust laws and the Jim Crow era?

Having an acknowledge black president today does not cover the wrongs that were done to us as a people.  We should not be told to forget it, it is the passed, that is the same thing that was done to the people of Africa when they were stolen from their land that they were forced to forget their homeland traditions and culture, to toil at this land that they could never hold the freedom that they worked so hard for.

No, where do we tell the Jewish people to for what Hitler and his regime did to them as a race, nor should we.  In not telling the Jewish people not to forget nor neglect their history, we as Black Americans, should never be told to forget what has happened to us as a people and to not pass that knowledge on to our children.  

So no, at this time I do not walk around hating white people as a whole, I don't agree with everything that a white person says or for that matter anyone says.  But to think that all debts are clear and all memory is erased over what has been done and still being done, by white America to black Americans because of having President Obama in office, does not pay the debt for the hardships  that have been taken away from us.

I still have to commend the NAACP and Al Sharpton and Jesse Jackson when they do speak out even when it is for their own personal gain.  No, we do not use the race card, the race card has been used against us and it is still being used against us on every standard on living in our lives.

http://www.lewrockwell.com/spl2/naacp-plays-race-card-against-tea-parties.html

New Orleans Police officers could face death penalty in the deaths in the aftermath of Katrina

According to the New York Times 4 current and former Police officers in New Orleans were charged in the shooting deaths of 17 year old James Brissette and 40 year old Ronald Madison who suffered from mental disabilities in the back.

These four officers and former — former Officer Robert Faulcon, Sgt. Kenneth Bowen, Sgt. Robert Gisevius and Officer Anthony Villavaso — were charged with federal civil rights violations in the killing of 17-year-old James Brissette and the wounding of four others, all members of the same family, when the officers came across a group on the bridge in eastern New Orleans and opened fire. For crossing a bridge, the penalty was death and attempted murder by who was called to protect and to serve. Is this a form of genocide or just officers doing their job? If it is doing their job, then who put the orders out for this to occur when it is one of eight cases involving New Orleans Police officers?

The Bartholmew family was walking across the bridge to go the the supermarket to get food and supplies, when they came across the police officers. 4 members of the Bartholomew family was shot. 38 year old, Susan Bartholomew, was shot and lost part of her arm, her husband Leonard Bartholowmew III, was shot in the head and Mr. Brissette was also killed by being shot 7 times.

Nebraska and Arizonia brings back Jim Crow Laws

If the Arizona Immigration law is passed on July 29, 2010, it will show today's youth a living history of the past Jim Crow era using racial profiling as it's tool. Take a look at the law that was passed in Fremont, Nebraska that was voted as an aimed to driving illegal immigrants out of town. The law, which bans hiring or renting property to illegal immigrants, passed a referendum of the town's 25,000 people 57% to 43%. Read more: http://www.newser.com/story/93370/nebraska-town-passes-tough-immigration-law.html#ixzz0tXM3ka3t In this country there has always been racial profiling, however Arizona and Nebraska's has made it an blunt in your face altitude, to dredge up the civil Rights era in a whole new way and against a different set of people. For those that are rejoicing over these new laws that are being put into place against the Mexicans, I suggest that you take a look at history at this country's beginning and see where it has placed this country today.

A group of people that lived in this on this land, that worked this land and raised their families discovered one day that they were on newly discovered land. This land was discovered when Columbus sailed into this new found land, he was authorized to take possession of any land that was not ran by Christian rulers, that were of the Catholic church, by order of the King and Queen of Spain. With this new found land there was a pesky problem that the Native Indians found themselves in, a difficult place, since they were not of the Catholic faith they were considered enemies of the Catholic church. Under Pope Nicholas as commended by King Alfonso that were ordered to be capture and that their belongs and land along were to be placed into slavery. This land that we know today as the Corporation of the United States of America had taken what they considered uncivilized people that were not Christians into a standard of religious doctrine of the Catholic church to a so called civilized people from the restructure to the non-restructure. In so doing so the Native Indians discovered that they would be one of the first on this land seizure, to have genocide used on them by blankets laced with small pox. The Native Indians did not subject Columbus and his crew to racial profiling, but such was done to them. Perhaps if they did they would not of had their land stolen from them. As if that is not bad enough then off to Africa for repeated subjection by the African people who were also non-catholics to be taken and brought here to build a nation off of forced labor with no pay! If this law prevails against illegal immigrants that are only coming home to what was once their own land, and to people who are legally born here on this stolen land, is this not now a law that is going to put all people of a different hues targets of this law, that could be mistaken as Mexican. Nebraska's law will target areas where illegal immigrants go to find work. How many people that have been released from prison are also going to these areas to find work to support their families? At this time there are 7 lawsuits against Arizona to block this law. Yes, we should know who is here in this land, one dares not to strive to make a living here without paying their due tax to the Corporation of the land. Perhaps that is the biggest problem with illegal immigrants being here, they are not paying into the corporation and are sending their money home to their families for them to survive until they can bring them here legally. If Arizona and Nebraska have these laws passed, which state will be next? If it spreads from state to state, then what group of people will they target next to be done away with? After each group of people of color are targeted, then will it turn to their own color, will the Europeans from Europe be the only ones left since they discovered this new found land under seizure for not being a Catholic land? Are Illegal Immigrants today doing what they have learned from the ORIGINAL GANGSTERS, THE CATHOLIC CHURCH, take what you want, jobs, lands and homes and make it their own. They can always say that this is DISCOVERED LAND. In the words of Arsenio Hall "Things that make you go Hmm"

http://ili.nativeweb.org/sdrm_art.html http://www.azcentral.com/news/articles/2010/07/06/20100706arizona-immigration-law-federal-lawsuit.html