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Eric Holder's New Scandal: Money Laundering For Cartels
Investor's Business Daily ^ | December 7, 2011 | IBD staff

Posted on 12/07/2011 6:39:00 PM PST by raptor22

Scandal: The House committee probing government gun-running now sets it sights on possible money-laundering involving drug cartel funds run in the name of drug enforcement. Why should we believe DOJ this time?

It's an old adage that when investigating criminal activity you should follow the money. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee, has announced an investigation into a money-laundering operation allegedly run by the Drug Enforcement Administration. We may need to follow the people following the money.

Just as Fast and Furious was allegedly intended to track and interdict gun-trafficking into Mexico, this operation, detailed in a New York Times article Sunday, is said to have as its purpose to follow how criminal organizations move their money, where they keep their assets and, most important, who their leaders are.

But the question once again arises: Have the feds interrupted or aided the flow?

After a Friday document dump showing how deliberately deceptive the Department of Justice and Attorney General Eric Holder were regarding Operation Fast and Furious, the government's gun-running operation that led to the death of Border Patrol agent Brian Terry, it's hard to believe this latest scheme was well-run.

In a Monday letter to Holder, Issa noted that as in Fast and Furious "this same goal of dismantling Mexican drug cartels motivated the Drug Enforcement Administration in aiding and abetting these same cartels in laundering millions of dollars in cash."

It may have produced equally tragic results.

(Excerpt) Read more at news.investors.com ...


TOPICS: Crime/Corruption; Editorial; Government; Mexico
KEYWORDS: atf; banglist; brianterry; cashwalker; dea; dhs; dnc4criminals; dnc4hezbollah; dnc4murderers; dnc4terrorists; dncrico; doj; doj4criminals; doj4hezbollah; doj4murderers; doj4terrorists; dojrico; dojvsamerica; ericholder; fastandfurious; fbi; gunrunner; guns; gunwalker; holder; holder4criminals; holder4hezbollah; holder4murderers; holder4terrorists; ibd; ibdguns; obama; rico

1 posted on 12/07/2011 6:39:05 PM PST by raptor22
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To: raptor22
Sounds like Holder was setting up the United States Department of Justice as a one-stop shopping mall for the Central American drug cartels.

One more item to file under "can you imagine the reaction if this had happened under a Republican president."

2 posted on 12/07/2011 6:40:55 PM PST by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: Steely Tom

I think Holder may have a future on the show “Sons of Anarchy”.


3 posted on 12/07/2011 6:45:52 PM PST by Yankee (Welcome to Obama's Fourth Reich.)
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To: raptor22

Holder is a crook. But I’m sure everybody already knew that.


4 posted on 12/07/2011 6:48:01 PM PST by FlingWingFlyer (Stop BIG Government Greed Now!!!!)
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To: Nachum; markomalley; Clairity; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; ...

Fast and Furious ping


5 posted on 12/07/2011 6:50:08 PM PST by raptor22 (Join me on Twitter @gerfingerpoken)
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To: Yankee

Last night seemed like they got the whole story from the obama admn.


6 posted on 12/07/2011 6:52:24 PM PST by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: raptor22

The Obama Administration was supporting groups that were actively trying to overthrow the gov’t of Mexico.

This subversive activity cannot stand.


7 posted on 12/07/2011 6:52:40 PM PST by Erik Latranyi
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To: raptor22
Not to worry; this Administration just "seals" all the Records, and you can't get 'em.

Then, if anyone messes with this Administration by not passing the Laws they want, they just issue an Executive Order, and circumvent Congress.

The Law doesn't apply anymore.

8 posted on 12/07/2011 7:08:24 PM PST by traditional1 (Free speech for me.....not for thee)
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To: GlockThe Vote

Yeah, that’s what I meant. I wonder if they got the little boy doll from Barney Frank’s closet.

Here I was thinking that Kurt Sutter had a brilliant imagination but it might be that he just has a mole at the DOJ.


9 posted on 12/07/2011 7:38:00 PM PST by Yankee (Welcome to Obama's Fourth Reich.)
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To: raptor22

Pure BS, our government = the cartel...


10 posted on 12/07/2011 7:38:08 PM PST by aces
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To: raptor22

The corruption is so deep within the Federal Government that it may never be corrected.


11 posted on 12/07/2011 7:41:01 PM PST by Logical me
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To: Logical me

>>The corruption is so deep within the Federal Government that it may never be corrected.<<

I’m so cynical in regards to our government. Corruption is rampant in D.C.

I personally do not believe it will ever be rooted out. Some of the corruption is legal.

For instance, insider trading. Totally legal.


12 posted on 12/07/2011 7:59:21 PM PST by servantboy777
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To: raptor22

Holder and Obama own the cartels. They provide US Fast and Furious guns to Sinaloa and Zetas, and launder their cash for them. In return, Sinaloa and Zeta get to import their drugs to the USA, and as compensation Holder and Obama get _____________ (fill in the blank).


13 posted on 12/07/2011 8:10:48 PM PST by FlyingEagle
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To: raptor22

Maybe Obama is providing cover for Holder by his “Fair Share” Kansas speech, his payroll extension sound bites, and his multi-week Hawaiian golfing vacation?

What are the team of Obama and Holder hiding from us?

Is Holder protecting Obama from a Congressional discovery that would result in Obama being impeached?


14 posted on 12/07/2011 8:22:52 PM PST by Graewoulf ( obama"care" violates the 1890 Sherman Anti-Trust Law, AND is illegal by the U.S. Constitution.)
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To: Erik Latranyi

Hope it’s a take no prisoners hearing. This regime has to be taken apart


15 posted on 12/07/2011 9:17:57 PM PST by reefdiver ("Let His day's be few And another takes His office")
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To: raptor22

Thanks for posting. Very interesting.


16 posted on 12/08/2011 5:25:44 AM PST by PGalt
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