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Wed Dec 12, 2012, 12:49 AM

Any Third Wayers in the house tonight? I need that fairy tale again.

NY Times: Too Big to Indict

It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system. They also have not charged any top HSBC banker in the case, though it boggles the mind that a bank could launder money as HSBC did without anyone in a position of authority making culpable decisions.

Clearly, the government has bought into the notion that too big to fail is too big to jail. When prosecutors choose not to prosecute to the full extent of the law in a case as egregious as this, the law itself is diminished. The deterrence that comes from the threat of criminal prosecution is weakened, if not lost.


I'm having trouble falling asleep tonight, and it would be really comforting if a Third Wayer could read me that fairy tale again? You know, the one where the Liberal is ridiculous, quite possibly a Republican shill working for Karl Rove, for claiming that Dodd-Frank was little but cover for the bankers? I particularly love the part where Dodd-Frank eliminates too big to fail, that there's now an orderly way to unwind and shut down banks when they don't behave.

I'll be here in bed with my iPad, waiting for another performance of the fairy tale.

Hopefully that fairy tale will do the trick, but if not, maybe we could do the one where the NDAA doesn't authorize the President to throw any American in jail, forever, with zero judicial oversight. Or the one where the President never said he wanted to cut - not slash -... ah, never mind.

Regards,

First-Way Manny

25 replies, 2062 views

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Reply Any Third Wayers in the house tonight? I need that fairy tale again. (Original post)
MannyGoldstein Dec 2012 OP
Zorra Dec 2012 #1
MannyGoldstein Dec 2012 #13
leftstreet Dec 2012 #2
lexw Dec 2012 #6
Oilwellian Dec 2012 #3
nadinbrzezinski Dec 2012 #4
AgingAmerican Dec 2012 #5
Ford_Prefect Dec 2012 #7
Egalitarian Thug Dec 2012 #8
woo me with science Dec 2012 #10
xchrom Dec 2012 #11
99Forever Dec 2012 #14
Liberal_Dog Dec 2012 #18
Nay Dec 2012 #21
triplepoint Dec 2012 #9
xchrom Dec 2012 #12
Doctor_J Dec 2012 #15
deutsey Dec 2012 #16
woo me with science Dec 2012 #17
jsr Dec 2012 #19
Liberal_Dog Dec 2012 #20
datasuspect Dec 2012 #22
MannyGoldstein Dec 2012 #23
LineNew Reply .
Egalitarian Thug Dec 2012 #24
woo me with science Dec 2012 #25

Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 01:13 AM

1. Struggling2persuade, hard core Third Way analyst here, at your service, darlin'.

Here is the logical, reasonable retort to your obviously cynical, sarcastic query.

Ramepithecus, the fossil hominid, is indigenous!!1!1!

So there! Solid, indisputable fact!1! Nya nya nya nyaaa nyaa!

I hope this completely allays your absolutely silly misgivings regarding Third Way intentions.

Best Regards,
struggling2persuade
Third Way Communications Director
Internet Propaganda Division

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Response to Zorra (Reply #1)

Wed Dec 12, 2012, 07:40 AM

13. Hmmm... Rove didn't give me a response for that one.

I'm in a bit of trouble here, let me get back to you once I receive further instructions, OK?

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 01:20 AM

2. Top 10 Gruesome Fairy Tale Origins

http://listverse.com/2009/01/06/9-gruesome-fairy-tale-origins/


9. Little Red Riding Hood The version of this tale that most of us are familiar with ends with Riding Hood being saved by the woodsman who kills the wicked wolf. But in fact, the original French version (by Charles Perrault) of the tale was not quite so nice. In this version, the little girl is a well bred young lady who is given false instructions by the wolf when she asks the way to her grandmothers. Foolishly riding hood takes the advice of the wolf and ends up being eaten. And here the story ends. There is no woodsman – no grandmother – just a fat wolf and a dead Red Riding Hood. The moral to this story is to not take advice from strangers.


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Response to leftstreet (Reply #2)

Wed Dec 12, 2012, 03:25 AM

6. Wow!

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 01:41 AM

3. LOL n/t

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 01:46 AM

4. My dear third way manny

Many of your fellow travelers are around, but even I know it.

See, the big banks, HSBC for example, are really too big to fall...err fail. If we allowed one hair of any in the board of directors to be touched, the job creators will go away, in a John Galt like strike (Oh they already have...)

They will launder money to benefit their fri...(this is what this is about)

Ok...they can't be touched...

Sorry...can't pull this off.

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Response to nadinbrzezinski (Reply #4)

Wed Dec 12, 2012, 03:22 AM

5. Icelandic bankers and politicians collapsed their economy

Guess what? They jailed them and the politicians that enabled them. Guess what happened? Their economy is now booming again.

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 03:29 AM

7. They call it "Connected and Protected". It seems Ownership does indeed have Privileges.

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 03:50 AM

8. Dearest Mann-Mann: Fear not, for the adults are in charge. Surely, mistakes have been made

 

but they were all caused by those nasty poor people who are too lazy to work and so they hoodwinked our kindhearted and well-meaning bank officials.

It will all be alright, for now we are in charge and just about to turn the corner onto Prosperity avenue. Real controls have been put in place and the Most Powerful and Omniscient Bernanke is taking all the steps necessary to put our economy back on solid footing. We just have to be patient.

Although painful in the short term, some judicious belt-tightening and shared sacrifice will soon prepare us to go forth into the brave new world that is being created for us by our benefactors.

Now, go back to sleep. Tomorrow is a work day and you don't want to be all grumpy and depressed. Just remember, everything will be alright as long as you obey, conform, and don't forget to go shopping.

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Response to Egalitarian Thug (Reply #8)

Wed Dec 12, 2012, 04:26 AM

10. ...

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Response to Egalitarian Thug (Reply #8)

Wed Dec 12, 2012, 04:32 AM

11. i'm with woo

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Response to Egalitarian Thug (Reply #8)

Wed Dec 12, 2012, 07:50 AM

14. I feel so much better now.

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Response to Egalitarian Thug (Reply #8)

Wed Dec 12, 2012, 10:54 AM

18. Well Done!



I feel so much better!

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Response to Egalitarian Thug (Reply #8)

Wed Dec 12, 2012, 11:36 AM

21. Excellent. nt

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 04:14 AM

9. George Carlin: It's a B-I-G Club (high rolling money launderers ONLY)...

 



The B-I-G Club (Civilization's 50 Biggest Banks of 2012):

Rank, Bank, Country, Total Assets (USD$M),statement date
1 Deutsche Bank Germany 2,799,977 12/31/11
2 HSBC United Kingdom 2,555,579 12/31/11
3 BNP Paribas France 2,542,738 12/31/11
4 Industrial and Commercial Bank of China China 2,456,287 12/31/11
5 Mitsubishi UFJ Financial Group Japan 2,447,950
6 Crédit Agricole France 2,431,796
7 Barclays Group United Kingdom 2,417,327 12/31/11
8 Royal Bank of Scotland United Kingdom 2,329,726 12/31/11
9 JPMorgan Chase United States 2,265,792 12/31/11
10 Bank of America United States 2,129,046 12/31/11
11 China Construction Bank (CCB) China 1,949,213 12/31/11
12 Mizuho Financial Group, Inc. Japan 1,890,219 3/31/11
13 Bank of China China 1,877,514 12/31/11
14 Citigroup United States 1,873,878 12/31/11
15 Agricultural Bank of China China 1,853,313 12/31/11
16 ING Group Netherlands 1,655,101 12/31/11
17 Banco Santander Spain 1,619,259 12/31/11
18 Sumitomo Mitsui Financial Group Japan 1,598,424 3/31/11
19 Société Générale France 1,528,492 12/31/11
20 UBS Switzerland 1,508,302 12/31/11
21 Lloyds Banking Group United Kingdom 1,500,535 12/31/11
22 Groupe BPCE France 1,472,887 12/31/11
23 Wells Fargo United States 1,313,867 12/31/11
24 UniCredit Italy 1,199,079 12/31/11
25 Credit Suisse Switzerland 1,115,065 12/31/11
26 China Development Bank China 992,158 12/31/11
27 Rabobank Netherlands 946,649 12/31/11
28 Goldman Sachs United States 942,140 12/31/11
29 Nordea Sweden 926,645 12/31/11
30 Norinchukin Bank* Japan 908,793 9/30/11
31 Commerzbank AG Germany 856,208 12/31/11
32 Intesa Sanpaolo Italy 827,042 12/31/11
33 Royal Bank of Canada (RBC) Canada 797,262 10/31/11
34 Banco Bilbao Vizcaya Argentaria (BBVA) Spain 773,305 12/31/11
35 National Australia Bank Australia 737,243 9/30/11
36 TD Bank Group Canada 735,947 10/31/11
37 Bank of Communications China 731,826 12/31/11
38 Commonwealth Bank of Australia Australia 717,245 6/30/11
39 Westpac Australia 655,544 9/30/11
40 KfW Germany 640,209 12/31/11
41 Standard Chartered Plc United Kingdom 599,070 12/31/11
42 Scotiabank (Bank of Nova Scotia) Canada 596,990 10/31/11
43 Danske Bank Denmark 596,004 12/31/11
44 ANZ Group Australia 581,463 9/30/11
45 Dexia Belgium 534,039 12/31/11
46 DZ Bank Germany 525,198 12/31/11
47 Banco do Brasil S.A. Brazil 523,295 12/31/11
48 Bank of Montreal (BMO) Canada 502,737 10/31/11
49 Banque Fédérative du Crédit Mutuel France 494,501 12/31/11
50 Landesbank Baden-Württemberg Germany 482,674 12/31/11

Reference Link:
http://www.gfmag.com/tools/best-banks/11986-worlds-50-biggest-banks-2012.html#axzz2EpH5Zlvi
.
.
.
"People "Are Occupying Wall Street Because Wall Street Has Occupied the Country"
-Bill Moyers
.
.
Our politicians are little more than money launderers in the trafficking of power and policy -- fewer than six degrees of separation from the spirit and tactics of Tony Soprano.
.
.
.
And take this one with "a grain of salt" or whatever you have handy:

The list of banks caught for money laundering in recent years is impressive. We can name quite a few off the tops of our heads—HSBC, Wachovia, Barclays, RBS's and the Queen's Coutts, ING, Lloyds TSB, Bank of America, Riggs, and American Express—and there are undoubtedly many more. When these banks get caught, they are usually given civil fines for having inadequate anti-money-laundering controls and oversight, as if their laundering of dope money was some sort of bureaucratic foul-up which left them vulnerable to being fooled by clever dope dealers.

The truth is far different. HSBC, for example, historically financed opium production and smuggling, as well as handling the proceeds, so it was involved in the production and distribution of dope. We also know that the Brits, through the big Canadian banks, set up the banking apparatus in the Caribbean as a precursor to the dope explosion in Ibero-America, and that Mexico was turned into a haven for the dope cartels only after its banking system was taken over by foreign banks, including HSBC. The dope banks are an integral part of the dope business, and at the top are part of the controlling apparatus of Dope, Inc. Banks don't get into the dope trade by accident, but damn well know what they are doing. Instead of civil fines, we need criminal prosecutions—of the banks, themselves, as well as their relevant employees. It's time to shut down Dope, Inc.

Reference Link:
http://larouchepac.com/node/23433

Note: I'm sure there is an official list somewhere on the Net for this. At this time, I believe that most if not ALL of the "BIG Club" members (above list) have done their share of money laundering for organized crime.


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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 04:33 AM

12. du rec. nt

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 09:58 AM

15. They're here, just really busy

Between defending Medicare cuts, looser gun laws, TPP, etc., they're spread a little thin. Don't worry, eventually you'll get your spoonful of bullshit to help this one down too.

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 10:09 AM

16. Moral of the story: Some animals are more equal than others

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 11:00 AM

19. Why didn't you eat your peas

Please eat your peas and get to bed.

Love,

Corporate Headquarters

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 11:25 AM

20. Where The Heck Is Third Way Manny?

I'm sure that he could help you out pronto.

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 12:05 PM

22. Results of your alert

 

At Wed Dec 12, 2012, 11:56 AM an alert was sent on the following post:

Any Third Wayers in the house tonight? I need that fairy tale again.
http://www.democraticunderground.com/10021964809

REASON FOR ALERT:

This post is disruptive, hurtful, rude, insensitive, over-the-top, or otherwise inappropriate. (See <a href="http://www.democraticunderground.com/?com=aboutus#communitystandards" target="_blank">Community Standards</a>.)

ALERTER'S COMMENTS:

More divisive nonsense from Manny.

You served on a randomly-selected Jury of DU members which reviewed this post. The review was completed at Wed Dec 12, 2012, 12:04 PM, and the Jury voted 1-5 to LEAVE IT.

Juror #1 voted to LEAVE IT ALONE and said: Manny is on target more often than not.
Juror #2 voted to LEAVE IT ALONE and said: No explanation given
Juror #3 voted to HIDE IT and said: ssdd
Juror #4 voted to LEAVE IT ALONE and said: I know, it's a deliberate shit-stir. He could have made his point without antagonism. That said, I'd rather people discuss and argue than hide posts, unless it becomes flamey.
Juror #5 voted to LEAVE IT ALONE and said: No explanation given
Juror #6 voted to LEAVE IT ALONE and said: Truth is sometimes uncomfortable.

Thank you very much for participating in our Jury system, and we hope you will be able to participate again in the future.

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Response to datasuspect (Reply #22)

Wed Dec 12, 2012, 01:01 PM

23. Thanks for sharing this!

Surprising that this got alerted on...

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Response to MannyGoldstein (Original post)

Wed Dec 12, 2012, 01:35 PM

24. .

 

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