High Finance

Revolter @ BoRev [click for original post with links] sez-

The top guy at the United Nations Office on Drugs and Crime (UNODC) let slip in some Austrian paper that drug money is basically the only thing keeping us all from the bread lines. The Vienna-based UN agency has discovered evidence that, “interbank loans were funded by money that originated from drug trade and other illegal activities,” and that there were “signs that some banks were rescued in that way.” According to the UN, illegal narcotics generate $400-$500 billion a year…

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5 Responses to “High Finance”

  1. ralfast Says:

    Sounds like the gangster era in the U.S. What is old is new again.

  2. Robert Says:

    Better buy some then help the world.

  3. libhomo Says:

    Wall St. people did their part by buying lots of drugs.

  4. RickB Says:

    Maybe then when the financiers were hoovering up the sherbert that was actually the one useful thing they did economy wise. Now if only it had been fatal.

  5. Malalai Joya- Raising My Voice (Review Part 1) « Ten Percent Says:

    […] something more to Washington and international capital’s liking (and yes that does include the hundreds of billions from narcotics). Even if the stated aims were sincere the means to achieve them are shown to be thoroughly counter […]

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