US GOVERNMENT FENCING IN THE US DOLLAR?
We have been promised a security fence to keep unwanted illegals from crossing our boarders and entering our country from Mexico. Right now it’s only a virtual one but we have been assured that a real one is on the way. Of course, that was yesterday’s news. Today, it seems organized crime is threatening U.S. security having penetrated international energy markets.
Attorney General Michael Mukasey sees a need to stop international organized crime by improving information sharing. And according to a CNN report, “Calls for several U.S. agencies and their overseas counterparts to better prioritize their targets, to improve information sharing and to boost cooperation in law enforcement investigations and operations.”
Why more information sharing and cooperation after years of fighting the international war on crime and international money laundering by terrorists? Organized crime bosses with boatloads of cash.
That’s right. Seemingly, the U. S. government has discovered the threat of billions of dollars ready for use by international crime bosses.
Mukasey on Wednesday alarmed the financial community, saying organized criminal networks have penetrated international energy markets, have tried to control energy resources, and have vowed to increase the fight against international organized crime that is threatening U.S. security.
Addressing the Center for Strategic and International Studies in Washington he outlined the problem saying, “illicit funds have been injected by the billions into corrupt financial service providers.”
Folks, is this for real? Is it possible that “billions of dollars” are at the control of organized crime bosses? Do they have so much money that they can manipulate an international commodity and stock market? Or is this a ruse for something even more sinister, the fencing in of the U.S. Dollar before something unknown happens like massive real estate and currency deflation?
“The activities of transnational and national organized criminal enterprises are increasing in scope and magnitude as these groups continue to strengthen their networking with each other to expand their operations,” said FBI Deputy Director John Pistole. Officials won’t discuss specific cases stating that their information is classified. We just need to take it on faith that they are securing our nation from these financial terrorist.
It’s hard to believe that money laundering, illegal financial activities, and control of an international stock market could be increasing in this, the 21st century world after years of wars against international drug lords and the Patriot Act.
Gary Scott wrote about banks tightening up reporting requirements and hindering the free flow of money from one country to another. He says, “Fewer overseas banks are willing to accept Americans as clients” and “US investors are slowly being locked into the US dollar.”
What say you? Any problems with international banking, wire transfers or additional reporting requirements? Do you believe international energy markets are manipulated by crime bosses?
