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COMMENTARY · 27th September 2012
Merv Ritchie
The following extract was taken directly from this website. The text of this extract can be located ¾’s of the way down the page. It includes links to further reading. Further writings on this topic are included at the end of this extract.

The Terrace RCMP executed a series of search warrents and arrested one minor player in the drug trafficking world. It has created embarrassment for the good community of Terrace and has disrespected every man woman and child who lives in Terrace.

The photographs of guns, money and drugs; as if these guns were part of a community run terror brigade of anarchists or a drug militia, is beyond the pale of reason and was completely irresponsible.

We at the Terrace Daily have performed a small amount of research in an effort to demonstrate how the local RCMP have used the mainstream media, along with typical fear tactics, to effectively ensure the drug profits for the stock market and world terrorism campaign will continue at the expense of the everyday law abiding man and woman.

It is not trite to point out the Terrace RCMP released this story to the Vancouver media first and completely ignored the local media prior to the full scale dog and pony show in Vancouver.

Read on and judge for yourself who the RCMP are working on behalf of. As stated in this article, Terrace is a peaceful community and, in our perspective, the timing of this news event was specifically to create opposition to the decriminalization of hemp products. Legalization of pot and hash etc will seriously impact the profits of the drug cartels.

From MORE MEXICAN DRUG CARTEL UPDATES

"Follow the money", "Deep Throat" tells Woodward in the film, "All the President's Men", or as former British newspaper journalist, Simon Jenkins, once said, "Follow the dirt and it leads to money. Follow the money and it leads to power. This maxim has rarely let me down."

Well, follow the money on the "War on Drugs" and it will expose a frightening truth: the drug cartels depend on a network of guardian angels and backers who come from where else: the ruling elites.

Catherine Austin Fitts, former Assistant Secretary of Housing (HUD) under the Bush Administration, and CEO of Solari, told Mel Fabregas from the Veritas show in a great interview in 2009 that one 14-year old kid in the projects can generate up to $10 million for the capital markets. How? Here's the example she used:

Let's say this 14-year old from the projects nets $100,000 in drug sales. That money must be laundered somewhere, right? Yes. In this case, it's laundered through a fast food franchise that’s traded on the stock market at $15/share. That transforms the $100,000 to $1.5 million in stock market value. Moreover, if that money is leveraged with debt and derivatives that amount can increase up to as much as $10 million. In other words, one 14-year old kid from the projects can generate up to $10 million in the capital markets for the privileged class.

In addition, that kid, if he avoids being shot and killed in the next couple of years has the potential to make even more money for the capital markets. How? More than likely, he will face incarceration, where he's not only out of the way, (after he gets too smart for his own good); he will generate even more money for the prison industrial complex. Why? There is a $25,000 gain for each person in prison.

So, recycling these kids in and out of prison serves three purposes: Number one, the profits speak for themselves; number two, it keeps this segment of the population “dumb” and desperate, and number three, it deprives small business of the upcoming work-force, or the human capital, necessary to thrive; therefore making it easier for corporate take-over.

Fitts also explained, and, even more importantly, proved we the people's complicity, which eventually became “Narco dollars for beginners” how organized crime influences business and government.

She addressed a group of members of the Spiritual Frontiers Foundation International, who were having a conference of how to help our society evolve spiritually, and she began by telling them that someone from the Department of Justice told a reporter she knows that the US banking and financial system launders $500 billion to a trillion dollars a year in illegal money, which includes narcotics trafficking, financial fraud and tax evasion

She then asked the audience, "What would happen if America stopped being the global leader and stopped laundering $500 billion to a trillion dollars a year in illegal money?

They responded that the stock market would go down because that money would go to other markets around the world, and that we would have trouble financing the government deficit, and our taxes would go up and/or our government checks would stop.

Fitts replied, "Okay, imagine a big red button up here on the lectern. If you push this button, you can stop all hard narcotics trafficking in your neighborhood, your city, town, county, state and your country tomorrow. Who'll push the button?"

Out of 100 people dedicated to evolving our society spiritually, only one would push the button.

She asked the other 99 why they wouldn’t push the button.

They responded: "We don't want our mutual funds to go down. We don't want our government checks to stop, nor do we want our taxes to go up."

Fitts has asked that question to audiences all over the US, and the only time 80% of the audience responded that they would push the red button occurred in TN, in 2008. Why is 80% majority so important? The historical rule of thumb states that in order to shift policy, an 80% consensus is required.

The severity revolution in criminal justice, that began when former President Nixon launched the war on drugs, that escalated during the Reagan years, producing some of the "most prohibitive drug control laws ever" has very little to do with "law and order" and everything to do with profit. If you don't believe me, read the following:

We the people have spent well over $1 trillion (much more if you consider the government spending for all of the people directly and indirectly effected), yet the availability of drugs is similar to what it was when Nixon started this "war on drugs", and Reagan took it to a new level.

The conservatives, in their "tough on crime" law and order agenda, scapegoated Marijuana, making it their "symbol of the weakness and permissiveness of a liberal society." They cultivated a culture of fear over growing crime and the evils of marijuana amongst other drugs which gave rise to hundreds of new state, federal, and local laws, which, aside from creating a prison industrial complex, vastly expanded the government's power to seize and forfeit property. Because, during the 1980s, civil assets forfeiture was extended to drug trafficking and possession, and a host of other crimes, through the Comprehensive Crime Control Act of 1984, and the Drug Abuse Act of 1986, and many other such laws. In other words, the "war on drugs" enabled the Supreme Court to gradually erode our civil liberties. In fact, Newt Gingrich even introduced "legislation demanding either a life sentence or the death penalty for anyone caught bringing more than two ounces of marijuana into the United States."*

Meanwhile, as our prisons are bursting at the seams with non-violent offenders, back at the ranch, America's biggest banks are riding shotgun for Mexican drug smugglers by giving "international cocaine cartels a virtual carte blanche to finance their operations".

No bank has been more closely connected with Mexican money laundering than Wachovia. 6,700 subpoenas later, Wachovia finally:

...admitted it didn’t do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. That’s the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history -- a sum equal to one-third of Mexico’s current gross domestic product.

However, despite the fact that Wachovia was caught red-handed in the largest anti-money laundering law in U.S. history, Wachovia (acquired by Wells Fargo in 2008) entered into a settlement with federal prosecutors. In other words, they got away with mass murder...literally. This should come as no surprise as no U.S. bank has ever been indicted for violating the Bank Secrecy Act — or any other federal law for that matter.

So, as our "justice" system boldly roars at, imprisons, and sometimes slaughters non-violent citizens, it conveniently turns a blind eye to those wealthy powerful elites who facilitate the heinous drug cartel killings and beheadings and burnings that, so far, claimed at least 28,000 lives, making Juárez valley, a Texas border town, one of the deadliest places on the planet. Yet marijuana/drugs remain illegal.

Marijuana, alone, is a $113 billion dollar business in the U.S. That's $113 billion unaccounted for...or is it? Why would so much revenue, that is protected by brutal crime, specifically the torturing, murdering and dismembering of countless numbers of innocent people, be allowed to remain in the hands of such violent criminals if conservatives are so concerned about law and order and fiscal responsibility and saving our economy from disaster?

Could it be that governments and their drug prohibition policies are not intended to eliminate illegal drug use/commerce? Could it be that government officials, politicians, banksters and the corporate elite profit off the drug wars just as much, if not more than the evil cartels?

The more enforcement there is, the higher the street prices, whereas the less enforcement, the lower the prices. The "war on drugs" has nothing to do with eliminating drug use and everything to do with profit, "because most of the profits do NOT come from the sale of drugs but from the laundering of the billions of dollars by banks and other financial institutions to turn the dirty money into legal capital".




From Global Research

Money Laundering and International Banks
The International Monetary Fund (IMF) has report that “the aggregate size of money laundering in the world could be somewhere between 2-5% of the world’s Gross Domestic Product (GDP). Using 1996 statistics, these percentages would indicate that money laundering ranged between U.S. $ 590 billion and U.S. $ 1.5 trillion [in 2003].”10
American money laundering in the United States and internationally is a key issue. Ninety-one percent (91%) of the billions of U.S. dollars spent on cocaine in the United States stays in the United States. It is deposited in the US and Canadian banking system. The narcotics trade helps accumulate hard currency into the American and Canadian economies.11
The extent of money laundering in the United States can be grasped when it is realized that practically every American dollar in circulation in the United States contains “microscopic traces” of cocaine. This is no mere urban legend, but a verified fact supported by scientists, forensics experts and the FBI. Traces of cocaine on American paper money signifies the extensive use of cash as a means of payment in drug deals.

From the Wall Street Journal

The Justice Department and HSBC Holdings PLC are accelerating settlement talks to resolve a criminal probe into laundering of drug-cartel and other money, according to people familiar with the investigation.
A settlement of the money-laundering investigation is near and could come within weeks, according to these people. Among the allegations Justice Department prosecutors have focused on, according to people familiar with the criminal probe, is whether bank officials were complicit in laundering by drug cartels by allowing suspicious money to be hidden in flows of bulk cash between the U.S. and Mexico.


We remain horrified that our local RCMP detachment would use the community of Terrace to further the goals of the drug cartels. Really, is Dave Edwardsen the best you can do? Are we all supposed to be too stupid to see beyond this farce?

bravo
Comment by formerterraceresident on 13th October 2012
its about time....he's been involved in selling crap for thirty years and they finally do something about it. good for them but a little too late
RCMP supporting drug cartels?
Comment by Merv Ritchie on 29th September 2012
Thanks for your comment. I agree it sounds far fetched, yet the evidence is in. Why did the Terrace RCMP use the Vancouver media to release this story? Why did they choose the day of the opening of the UBCM, which would be discussing the legilization of pot?

If you would take the time to follow the links provided, our governments have been using the profits from the sales of drugs for generations to prosper. The RCMP are a force first established as the NW Mounted police (as with other entities) to protect the interests of the Hudson Bay Company and the NW trading company, the financial intersts of Britain and international traders. Their role is little different today. Watch the WTO protests again. Were the RCMP acting as responsible protectors of citizens and the peace? Mostly they provoke hostility to enact brutality and arrests.

As for the anecdote, please, once again, follow the link. The kid is not making anything. It is an example of how the stock market launders money and turns drug revenue into better profits. Using examples to illustrate a point, regardless of whether it is America or Iran, does not lower the value of the point, or as you state, make it "fairly meaningless".

Other than some empty nationalistic hype, Canada is the USA. The border and the nation games are there to keep you in your place. Americans proudly wave their flag as Canadians do the same. Yet like the french in Quebec, we are all the same, just divided purposefully by our political system to create acrimony and hostility when needed.

Click on the 9/11 link on the front page. The final statement in the short video clip is appropriate here. Believe whatever you must to help you get through your day without too much consternation.

We present much alternative information and news. It is offered for people in an attempt to encourage people to think outside of the normally accepted patterns of thinking, those patterns encouraged by the mainstream press.

As the old adage states, "You can lead a horse to water but you can't make him drink." In this case, this news site, we understand it differently. Not in a nasty or condescending way, just as a matter of fact in regards to many people today. "You can lead a man to knowledge but you can't make him think."

We do what we can, we trust others will do their best too.
far fetched
Comment by djb on 28th September 2012
While I do agree that the war on drugs is a farce, I believe your logic in explaining how the RCMP is supporting drug cartels is a bit over the top. One word... absurd.
The anecdote about the kid making 10 Million $ is ludicrous. $100,000 to 1.5 milllion? based on what again? I suppose this all just plays into your conspiracy theories , yet again.
Please stop using, or paraphrasing , Amercian examples re ; prisons, Newt Gingritch etc. This is Canada. While we do have similar issues, , quoting US stats is fairly meaningless here.