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I seem to recall several big banks (Wachovia, et al) being found to have facilitated money laundering of billions in drug cartel profits, yet these big banks we
by D9u 13y ago
I seem to recall several big banks (Wachovia, et al) being found to have facilitated money laundering of billions in drug cartel profits, yet these big banks were punished by fines amounting to tiny fractions of the amounts laundered...
No one spent a day in prison for these acts, no bank was disbanded as a result, no bank officials were reprimanded, which seems to be blatantly unequal when the big picture is taken into consideration.
Then there is the fact that the USD is backed by nothing other than military might...
- gaadd33 13y agoMilitary might and the world's largest economy, but yea other than that, nothing.