Comments on: HSBC’s Money Laundering Lapses, By The Numbers

By: dtgraham

dtgraham — Mon, 23 Jul 2012 02:23:00 +0000

Sorry for the snark, but it’s inspired. Hope you and your family had a great vacation Obozo. I guess I’m forgetting basic Canadian politeness. I tell you, I’ve met a number of people from the American midwest and south, and they were some of the finest gentlemen and ladies that I’ve ever met in my life. Very classy people.

Tell you what. If the Winnipeg Jets don’t win the Stanley Cup this year, I hope your beloved Flyers win it all. There! Are we good now.

By: ObozoMustGo

ObozoMustGo — Sun, 22 Jul 2012 14:29:00 +0000

dt: how is my Canadian friend doing? I hope you are well. Of course there’s snarkiness in the post. What do you expect?

Have a nice day!

By: dtgraham

dtgraham — Sun, 22 Jul 2012 06:14:00 +0000

You know what your posts read like any more Obozo? They read like they’re written by Stephen Colbert. You’re just a caricature of modern American conservatism. Few would believe the nonsense that you post. I don’t even think that you really believe it. This is just snark isn’t it? You’re not really serious are you?

Here’s something for you to digest. There’s a wildly popular article on the net right now called “Hard headed Socialism”, “How Canada became richer than the U.S.” I clearly remember those days. My partner and I had to make serious adjustments when the Mulroney gov’t got replaced by the Chretien/Martin Liberals, particularly in regards to capital gains taxation. I remember late nights reading Paul Martin budgets. He was instrumental in keeping Canada from joining the trend, led by our U.S. friend, even as Canadian bankers were imploring him to let them join the proprietary derivative trading club. He wouldn’t have anything to do with it and he kept Canadian banking separate and vanilla.

That man was a visionary. He saved us and I will never forget him for that. I’m a New Democrat (democratic socialist) and Martin is a Liberal. Paul Martin gave me a respect for the Liberal Party that I never had before. He really reached out to New Democrats in the 2006 election, and reminded us of our similarities, and many of us voted for him. I do have some problems, factually, with some of that article. Martin raided rainy day funds from various social programs, and raised taxes, to balance the budget and pay down the debt. There was no huge slashing of social programs that I recall, but it’s still an interesting read. I recommend it Obozo.

By: dtgraham

dtgraham — Sun, 22 Jul 2012 05:12:00 +0000

Why? Because the United States government has now been purchased by big money special interests. Slightly off topic, but the U.S. gov’t not long ago announced new tougher rules for banks that traded more than 100 million dollars in derivative swaps annually. The banking lobby swung into action. The result? Only banks that traded more than 8 billion dollars would be subject to oversight, leaving 85% of derivative players outside of the reach of regulators.

By: Hillbilly

Hillbilly — Sat, 21 Jul 2012 20:37:00 +0000

Why wasn’t this bank charged with criminal acts back in the years before 2008 and shut down? From this report it tagged more than once between 2001 and 2008 for illegal transactions should have been shut down. Why wasn’t it MS Rice and the fellow before you(can’t recall his name) since you two were in charge of the Justice Department in these years.? Was the bank a big contributor to the Republican election chest?

By: onedonewong

onedonewong — Sat, 21 Jul 2012 19:42:00 +0000

Where was the federal govt while all this was going on??? The taxpayers spend BILLIONs on govt oversight of banks and we would be better off throwing it down a dark hole for all the good it does

By: LadyDeb

LadyDeb — Sat, 21 Jul 2012 19:06:00 +0000

No wonder HSBC has been bought out by Capitol One?

By: ObozoMustGo

ObozoMustGo — Sat, 21 Jul 2012 16:13:00 +0000

One must certainly wonder whether or not the laundered funds for the drug cartels were used to purchase the illegal guns in Obozo’s illegal Fast & Furious gun running scheme?

Here’s another money laundering scheme to ponder. DemocRAT politicians tax the people. They use those tax dollars to pay their workers, the public employees. The public employees are forced into a union. The union forces them to pay dues out of wages paid for by taxpayers. The union then takes those dues, donate it back to the DemocRAT politicians and use it for ads and organizing on behalf of those DemocRAT politicians and against the interests of the taxpayers. This is clearly a money laundering scheme.

Public employee unions are just as evil as crooked bankers. But the most evil class are crooked politicians and bureaucrats.

Have a nice weekend!

By: howa4x

howa4x — Sat, 21 Jul 2012 14:30:00 +0000

Banks are amoral to begin with. They are there to accumulate and hide the largess of the few, legal or not. This is what is going on with Romney who had bank accounts in Bermuda, The Caymans and Switzerland. All hidden from the watchful eyes of the Federal government. Anybody see any similarites?