HSBC caught red-handed AGAIN! yet they are never punished

Post Reply New Topic

http://truth-out.org/opinion/item/29050 ... kster-scam

The BBC is reporting that it has seen records of at least 106,000 HSBC [Hong Kong and Shanghai Banking Corporation] clients in 203 countries, all of whom were actively dodging taxes in their respective countries by hiding their money in HSBC's Swiss bank.
In total, HSBC's Swiss accounts held some $118 billion.
Meanwhile, The Guardian is reporting that, "The files reveal how HSBC's Swiss private bank colluded with some clients to conceal undeclared 'black' accounts from domestic tax authorities across the world and provided services to international criminals and other high-risk individuals."

it seems the "masters of the universe" are truly above the law

The problem with cases like these is that those involved have enough money to buy out their freedom through bribes, and right now there's nothing being done about it because there aren't enough 'clean' prosecutors/federal agents/investigators/etc. to get the job done. The law is in their pocket and they know it.

America's finished.

it's like nobody wants to read the handwriting on the wall. everybody [the 99%] is largely whistling past the graveyard. and people vote only for the people who pretend to hate the same people they do.

what choice do we have but to vote for the lesser of two evils [even if it is fractionally less] in order to avoid the greater of two evils? how can we not choose the good cop over the bad cop? if we don't choose it is chosen for us. sorta reminds me of the old soviet joke about a hapless bureaucrat who dies and then finds himself in the entry room for hell, and he is confronted by an officious demon bureaucrat who tells him he has a choice of two hells- a capitalist hell and a communist hell. the dead guy wonders aloud, "what's the difference between the two hells?" to which the demon replies, "in the capitalist hell, a nail will be driven into your butt every single day of the month!" the now-quaking dead man asks, "w-w-what ab-b-bout the communist hell?!" to which demon tells him, "you can rest assured that a nail will NOT be driven into your butt every day." so relieved, the dead man chooses the communist hell. just before departure, the demon says, "oh, comrade, I forgot to mention- you can trust that a nail won't be driven into your butt daily..... but... in the last day of each month, all 30 nails will be driven into your butt!"

Ahead of the law, not above.

they buy the law, they own the law. they ARE the law behind the scenes. the purported lawmen are just puppets.

I don't believe you.

Please provide some examples.

The Department of Justice said that HSBC helped process $660 million in illegal transactions from Iran, Cuba, Sudan, Libya and Burma by intentionally hiding the identities of those countries. What punishment did HSBC get for this? All HSBC had to do was sign a "deferred prosecution agreement," or DPA, with the Department of Justice, which said that no criminal charges will be brought against the bank - or any of its banksters - provided that it meets certain conditions, including paying a $1.9 billion fine.
THAT is a SLAP ON THE WRIST if there ever was one. what more example do you need?

Examples that "they buy the law, they own the law. they ARE the law behind the scenes. the purported lawmen are just puppets."

for example, you would have to be rip van winkle to not notice that the Koch bros are buying elections to the tune of almost a billion dollars this season-
http://www.statecolumn.com/2015/01/koch ... -election/

how is that kind of evil NOT a prime example of buying the whole democratic process? how is that NOT buying the law when you are influencing lawmakers with that kind of money? how does that NOT make them de facto new law-makers, dictating to pols they bought what laws they want directed against the 99%?

Using money on campaigning is somehow evil? You can't be serious.