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	Comments on: A word about banks and the laundering of drug money	</title>
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	<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/</link>
	<description>Author of THE DEBT GENERATION</description>
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		<title>
		By: Dave W.		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-670576</link>

		<dc:creator><![CDATA[Dave W.]]></dc:creator>
		<pubDate>Fri, 28 Sep 2018 04:04:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-670576</guid>

					<description><![CDATA[Of Golem&#039;s truth seeking articles, it&#039;s either this one or &#039;the Miracle of Solvency&#039; which is the best of his work.]]></description>
			<content:encoded><![CDATA[<p>Of Golem&#8217;s truth seeking articles, it&#8217;s either this one or &#8216;the Miracle of Solvency&#8217; which is the best of his work.</p>
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		<title>
		By: blogspot.com		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-138065</link>

		<dc:creator><![CDATA[blogspot.com]]></dc:creator>
		<pubDate>Sun, 21 Jul 2013 14:58:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-138065</guid>

					<description><![CDATA[Greetings! This is my 1st comment here so I just wanted 
to give a quick shout out and tell you I genuinely enjoy reading your posts.
Can you recommend any other blogs/websites/forums that deal with the same topics?

Thanks for your time!]]></description>
			<content:encoded><![CDATA[<p>Greetings! This is my 1st comment here so I just wanted<br />
to give a quick shout out and tell you I genuinely enjoy reading your posts.<br />
Can you recommend any other blogs/websites/forums that deal with the same topics?</p>
<p>Thanks for your time!</p>
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		<title>
		By: GeoWaveRider		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-137297</link>

		<dc:creator><![CDATA[GeoWaveRider]]></dc:creator>
		<pubDate>Wed, 26 Jun 2013 09:20:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-137297</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-137296&quot;&gt;Roger&lt;/a&gt;.

Roger

Call me boring, but I turned over when Boris uttered the words &quot;semi-criminal&quot;, I suppose I should have kept watching as he may have defined what he meant in more detail, but I doubt it.

Brian]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-137296">Roger</a>.</p>
<p>Roger</p>
<p>Call me boring, but I turned over when Boris uttered the words &#8220;semi-criminal&#8221;, I suppose I should have kept watching as he may have defined what he meant in more detail, but I doubt it.</p>
<p>Brian</p>
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		<title>
		By: Roger		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-137296</link>

		<dc:creator><![CDATA[Roger]]></dc:creator>
		<pubDate>Wed, 26 Jun 2013 04:32:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-137296</guid>

					<description><![CDATA[Just dropping by to re tweet. I watched question time last week to see what all the fuss was about, the discussion on banking was very thin but one could see the politicians squirming, BJ trotted out the line about how important the city is for jobs and UK Economy. I have been looking at some of the sparse follow up. most in television critic pages on line obviously thats the only audience they deem it necessary to condescend to . Oh well. keep plugging away.]]></description>
			<content:encoded><![CDATA[<p>Just dropping by to re tweet. I watched question time last week to see what all the fuss was about, the discussion on banking was very thin but one could see the politicians squirming, BJ trotted out the line about how important the city is for jobs and UK Economy. I have been looking at some of the sparse follow up. most in television critic pages on line obviously thats the only audience they deem it necessary to condescend to . Oh well. keep plugging away.</p>
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		<title>
		By: The Healthy Skpetik		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-21456</link>

		<dc:creator><![CDATA[The Healthy Skpetik]]></dc:creator>
		<pubDate>Tue, 30 Oct 2012 16:09:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-21456</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-19842&quot;&gt;Pat Flannery&lt;/a&gt;.

This why any drugs listed in any schedule under the UN Single Convention  on Narcotics will not be &#039;legalised&#039; or &#039;decriminalised&#039; by those signatory countries.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-19842">Pat Flannery</a>.</p>
<p>This why any drugs listed in any schedule under the UN Single Convention  on Narcotics will not be &#8216;legalised&#8217; or &#8216;decriminalised&#8217; by those signatory countries.</p>
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		<title>
		By: dave		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20442</link>

		<dc:creator><![CDATA[dave]]></dc:creator>
		<pubDate>Fri, 21 Sep 2012 22:37:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-20442</guid>

					<description><![CDATA[Nice article David. Thanks. 
if anyone is still wondering why the utterly &#039;failed&#039; War on Drugs remains so firm a mantra, this piece will shed some light. (The inverted commas are there of course because it has only failed in its stated objectives, not its actual ones.)
Only with relative scarcity can a price premium be demanded. Only with a &quot;War on Drugs&quot; can the US taxpayer be forced to fund the aerial destruction of &#039;little league&#039; South American drug crops.


Life is a game and everyone&#039;s role has been played out many times before.]]></description>
			<content:encoded><![CDATA[<p>Nice article David. Thanks.<br />
if anyone is still wondering why the utterly &#8216;failed&#8217; War on Drugs remains so firm a mantra, this piece will shed some light. (The inverted commas are there of course because it has only failed in its stated objectives, not its actual ones.)<br />
Only with relative scarcity can a price premium be demanded. Only with a &#8220;War on Drugs&#8221; can the US taxpayer be forced to fund the aerial destruction of &#8216;little league&#8217; South American drug crops.</p>
<p>Life is a game and everyone&#8217;s role has been played out many times before.</p>
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		<title>
		By: Golem XIV		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20032</link>

		<dc:creator><![CDATA[Golem XIV]]></dc:creator>
		<pubDate>Tue, 04 Sep 2012 20:54:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-20032</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20027&quot;&gt;Life after Debt&lt;/a&gt;.

Thank you. Thank you for the link. Your article is an essential reminder that the banks crimes are just that, crimes. With real consequenes for real people.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20027">Life after Debt</a>.</p>
<p>Thank you. Thank you for the link. Your article is an essential reminder that the banks crimes are just that, crimes. With real consequenes for real people.</p>
]]></content:encoded>
		
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		<title>
		By: Life after Debt		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20027</link>

		<dc:creator><![CDATA[Life after Debt]]></dc:creator>
		<pubDate>Tue, 04 Sep 2012 17:49:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-20027</guid>

					<description><![CDATA[A truly excellent piece which provides astounding insight into how the drug trade and money laundering are an established well integrated part of the big banks business plan. I wrote this in disgust at everything the bankster elite are allowed to get away with.

http://lifeafterdebts.blogspot.co.uk/2012/08/traitors-and-liasons.html]]></description>
			<content:encoded><![CDATA[<p>A truly excellent piece which provides astounding insight into how the drug trade and money laundering are an established well integrated part of the big banks business plan. I wrote this in disgust at everything the bankster elite are allowed to get away with.</p>
<p><a href="http://lifeafterdebts.blogspot.co.uk/2012/08/traitors-and-liasons.html" rel="nofollow ugc">http://lifeafterdebts.blogspot.co.uk/2012/08/traitors-and-liasons.html</a></p>
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		<title>
		By: Charles Wheeler		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20013</link>

		<dc:creator><![CDATA[Charles Wheeler]]></dc:creator>
		<pubDate>Mon, 03 Sep 2012 10:00:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-20013</guid>

					<description><![CDATA[&#039;Why We&#039;re Screwed&#039;:
http://www.economonitor.com/lrwray/2012/07/23/why-were-screwed/#idc-cover

And where the roots lie: 
http://www.thenation.com/article/sls-big-banks-and-other-triumphs-capitalism?page=full]]></description>
			<content:encoded><![CDATA[<p>&#8216;Why We&#8217;re Screwed&#8217;:<br />
<a href="http://www.economonitor.com/lrwray/2012/07/23/why-were-screwed/#idc-cover" rel="nofollow ugc">http://www.economonitor.com/lrwray/2012/07/23/why-were-screwed/#idc-cover</a></p>
<p>And where the roots lie:<br />
<a href="http://www.thenation.com/article/sls-big-banks-and-other-triumphs-capitalism?page=full" rel="nofollow ugc">http://www.thenation.com/article/sls-big-banks-and-other-triumphs-capitalism?page=full</a></p>
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		<title>
		By: penny bloater		</title>
		<link>https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20011</link>

		<dc:creator><![CDATA[penny bloater]]></dc:creator>
		<pubDate>Mon, 03 Sep 2012 08:19:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1515#comment-20011</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20007&quot;&gt;BobRocket&lt;/a&gt;.

Apparently not - such rules of government&#039;s underwriting and bailing out the losses of banks have been enshrined in successive BIS agreements since the 1974 slump when the finances of several UK, German and US banks went pear-shaped. Japan has underwent 20 odd years of such policies which have turned the country from an industrial giant into an economic cripple - albeit, a more sustainable and equal one than ours. 

This mess isn&#039;t going to end soon, or be shrugged off - the neoliberal financial elite have got what they&#039;ve always wanted - sympathetic governments that are only too willing to take on sovereign debt crises (France looks the latest example) to protect the 1%.

I really do despair and can&#039;t see anyway out of this mess.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2012/08/a-word-about-banks-and-the-laundering-of-drug-money/#comment-20007">BobRocket</a>.</p>
<p>Apparently not &#8211; such rules of government&#8217;s underwriting and bailing out the losses of banks have been enshrined in successive BIS agreements since the 1974 slump when the finances of several UK, German and US banks went pear-shaped. Japan has underwent 20 odd years of such policies which have turned the country from an industrial giant into an economic cripple &#8211; albeit, a more sustainable and equal one than ours. </p>
<p>This mess isn&#8217;t going to end soon, or be shrugged off &#8211; the neoliberal financial elite have got what they&#8217;ve always wanted &#8211; sympathetic governments that are only too willing to take on sovereign debt crises (France looks the latest example) to protect the 1%.</p>
<p>I really do despair and can&#8217;t see anyway out of this mess.</p>
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