Skip to comments.Eric Holder: Largest Money-Launderer in the Drug Business
Posted on 12/10/2011 4:22:48 AM PST by Kaslin
As if Congress didnt have enough evidence that the Department of Justice has completely lost its mind, the New York Times is reporting that the Drug Enforcement Agency has helped launder millions of dollars in drug proceeds on behalf of Mexican drug cartels, a figure much higher than previously estimated.
The Department of Justice has been under investigation by Congress for facilitating gun smuggling during Operation Fast and Furious. Fast and Furious was a gun running scheme on the US-Mexican border thats resulted in violence and death on both sides of the border including the deaths of federal agents in the line of duty. The operation used illegal weapons purchases with reluctant gun dealers who cooperated with the ATF on the so-called stings.
The problem however is that there has never been a sting, an arrest or results that would justify breaking the law- there were just illegal arms pouring over the border and escalating violence all facilitated by the Department of Justice in an effort, in part to make a case for stricter gun control laws.
One source who was quoted anonymously in the money-laundering story in the Times was concerned about similar negative results saying that the D.E.A. could wind up being the largest money launderer in the business, and that money results in violence and deaths.
Consequently, Rep. Darrell Issa, R-Calif, chair of the oversight committee already investigating Fast and Furious has done some fast and furious of his own. Issa has opened a probe into the money-laundering program according to the Houston Chronicle.
He sent a letter to Attorney General Eric Holder informing him of the probe, drawing a parallel between the reported money-laundering operations tactics and those in Fast and Furious, according to the Chronicle.
The existence of such a program again calls your leadership into question, Issa wrote in a letter to Holder, says the Texas newspaper. The managerial structure you have implemented lacks appropriate operational safeguards to prevent the implementation of such dangerous schemes. The consequences have been disastrous.
The DEA denies the charge saying that they have been running money-laundering stings since 1984. The Drug Enforcement Administration has been working collaboratively with the Mexican government to fight money laundering for years. As a result of this cooperation, DEA has seized illicit transnational criminal organization money all around the world.
Obviously whoever wrote the press release for the DEA flunked the irony portion of their English exam.
The DEA has become the leading money-laundering crime fighter by becoming one of the leading money-launders?
Man, this has become a government that can justify anything it does by whatever tortured logic it chooses.
And thats what you get when youre governed by people who think that, as our own Guy Benson pointed out, lying is a complicated concept that revolves around a state of mind as does Mr. Attorney General Holder.
Issa is having none of it, though, since hes been given the run around on Fast and Furious from the beginning.
He knows what he has to deal with at Justice.
Issa indicated he's skeptical, particularly after the Justice Department on Friday gave Congress hundreds of pages of documents showing how Justice officials initially provided inaccurate information about Fast and Furious.
"The first answer you get from this Justice Department doesn't have a high credibility," Issa said.
And no answer ever will have credibility in the Department of Justice as long as Holder remains at the helm.
For Christmas this year, my family is buying some goats, some fruit trees, a bicycle and clothes for needy children through Worldvision.
We let our kids pick out the gift they want to give for Christmas and they pay for it with money they have saved through the year. Our kids really get a lot out of the experience.
I hope readers will consider doing the same according to their ability.
His, 0bama’s, Reid’s and the DNC’s vigs are..... 25%?
Excuse me for my ignorance, but what is vigs?
Vig, short for vigorish, is the house percentage for handling bets on both sides of a betting scheme. The word usually applies to bookies, but sometimes it means the percentage paid to a money lender.
thats why his boss gave him the job....been waiting for an article like this...this country is being raped by its politicians.
thats why his boss gave him the job....been waiting for an article like this...this country is being raped and looted by its politicians
Well, how in the heck are the Cartels supposed to launder money without the help of the DEA, the State Dept. and the DOJ? On top of that, they can blame the Americans for supplying the d@mn guns! Win, win.
Thanks, I appreciate your clarification
Thanks, I appreciate your clarification
“’The first answer you get from this Justice Department doesn’t have a high credibility,’ Issa said.”
The subsequent answers don’t either.
Eric Holder’s DOJ criminal summary:
gay righteous, Homeland security abusing,
weakness breeding, suicidal,
world suicide exterminating, hating,
marxist, muslim, fascist, liberal stupid,
falling for chea communist lines and lies,
scienticist rationalizing, congenializing in crime and
communist perverted, stalking etc...
When will America wake up to the invasion of our privacies in the name
of love, fighting racism and other evil communisms
of government convenience?
Yeah, too busy doing/falling for that TV “socializing” bull.
I hope Issa and Grassley have taken some good precautions. I can see somebody taking the time to wipe them out, if they get too close.
Vigs and bank derivatives business... money for nothing.
“I can see somebody taking the time to wipe them out, if they get too close.”
The scu*bags aren’t entrenched enough, yet, with absolute power. If they were, it would have been a done deal.
I live in West Georgia. I’m told that this scenario happens all over America. Here drugs are followed as they come into the country, whether it be Texas, Miami etc. Via Satellite and other means the drug runners are followed as they go up I85 heading North. Once they make their drop off, which they are allowed to do, the runners are followed as they return, presumably with the money obtained for the drugs. This is when they’re stopped. If it’s Coweta or Troup or what ever county, the money confiscated stays in that county.
Now I’m thinking, I guess this could be called money laundering on a small scale, but I suppose it’s being done on a much wider scale. In other words, the DOJ is letting drugs in, and then skimming some of the cartel money themselves.
My only thought is, if this is true, then why couldn’t the drug dealers obtain their money some other way, instead of from these drug runners. Why not have the money deposited in some off shore account or local bank account that cannot be traced.
In summary, I’m wondering if this part of what Issa is talking about.
Illegal drug money drives the Democrat party.
A vig is the mafia’s ‘interest’ charge/take.
Son, It ain't just the Democrat party. Both Parties. Hold a magnifying glass to your two Senators and you member of the house. My guess is at least one or two of them are on the take. Here, I think both US Senators (both R) are on the take and the only reason the member of the House is not, is because he hasn't been there long enough to figure out where the pay window is.
It boggles the mind that an ideology that generates no production whatsoever has so much money.
How much ya reckon 0butth0 got for the drone? Smack for hardware.
What/where are the details? How is the DEA laundering money? What good is an article that charges money laundering by the DEA without any specifics!
“In summary, I’m wondering if this is what Issa is talking about.”
Maybe it’s a smaller part of it.
Why isn’t anyone concentrating on why the whole thing was started in the first place?; whipping up public hysteria for more gun control. (Reichstagg-Fire-like incident?)
It’s absolutely amazing. (Herr Goebbles would be proud.)
Thanks for the ping.
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