When I was in high school studying history and government, my friends and I used to laugh at the Latin American Banana Republics. A “Banana Republic” is one in which the ruling class of elites exploit Governmental power for their own benefit at the expense of the rest of the population. Rule of Law is replaced by Rule of Those in Charge. The leaders rake in massive amounts of illegal wealth and stand completely immune from prosecution. (click to enlarge)
The saga of Hillary Clinton is the saga of the United States’ descent into Banana Republic status. I knew when it was announced that she was “voluntarily” meeting with FBI Director James Comey that the fix was in. I knew it before that. I knew it when Bill Clinton illegally and unethically met with Loretta Lynch. A meeting she knew better than to coordinate. But that told me the fix was in. Interestingly there’s a deep connection between Lynch and Comey.
I had my good friend and colleague, John Titus of Best Evidence Productions, write a guest commentary about the latest step into Banana Republic Hell taken by the U.S., led by Hillary Clinton…
Back in April, I went on record stating that Hillary Clinton would be completely exonerated:
Given their [Attorney General Loretta Lynch and FBI Director James Comey’s] prior associations with HSBC, they’re in on this whole game, they’re in on letting banks run the whole economy—the whole country. [The banks] are in full control of the the government. They’re in full control of the DOJ. They are in full control of prosecutorial decisions. And nothing is going to happen to Hillary Clinton, and I mean zero.
Coup D’etat: The Banks Rule The U.S. (25:16 mark if link goes to wrong timestamp)
This post explains that statement. Hopefully it can be used as a means of fast-forwarding to the end of ludicrously protracted episodes of Kabuki legal theater like the one we just witnessed.
Once you understand that the rule of law is dead in the U.S., that it’s been replaced by a small network of readily identifiable agents operating on behalf of criminal banking enterprises headed by Goldman Sachs, there’s no need to waste any time on stories like Hillary selling state secrets out of her basement, or whatever it is she does down there. You’ll spare yourself the embarrassment of ever believing that the outcome of cases like Clinton’s are ever in doubt.
In March of this year, I released a video called “The Veneer of Justice in a Kingdom of Crime,” which shows that the rule of law is a dead letter in the U.S. It also explains that the only alternative to the rule of law is the rule of men, and that in the U.S. that means Goldman Sachs: Video Link
Goldman Sachs is a criminal enterprise. It perpetrated massive criminal frauds and got away with all of them. The worst of these was Goldman’s Hudson deal. The Senate and the media fixated on Abacus and Timberwolf. Those cases, though bad, are at least arguable. Hudson is not. It is black letter textbook criminal fraud.
Goldman pooled residential mortgages sitting on its books based on their high likelihood of failure. To dupe its customers into buying the doomed Hudson pool, Goldman put $6 million of its own money into Hudson and touted this fact in marketing materials. Secretly, though, Goldman bet $2 billion that Hudson would fail, and concealed its huge downside bet from investors. Goldman’s bet paid out $1.7 billion, which came directly from the pockets of the investors it deceived. It was a $1.7 billion theft, end of story.
The facts of Abacus and Timberwolf weren’t nearly as clean, which is probably why we heard about those instead of Hudson, which was a slam dunk.
But Goldman Sachs, which runs the Justice Department, exonerated itself of all wrongdoing. The two highest-ranking DOJ officials responsible for Goldman’s exoneration—Eric Holder and Lanny Breuer—came to the DOJ from Covington & Burling, Goldman’s law firm. After the 5-year statute of limitations for criminal fraud ran out, both men returned to Covington. Each makes several million dollars a year.
During their temp assignments at the DOJ, both men formally declared the rule of law to be dead. That’s a big deal. It’s one thing for officials to disregard the law as a matter of factual opinion. What Breuer and Holder did was another matter altogether: they openly announced that the rule of law is dead in principle too. It’s a very big and very dangerous difference.
This happened in late 2012 and early 2013—not long after the DOJ exonerated Goldman. Both Breuer and Holder went on record and repeatedly stated that criminal laws would not be enforced against certain banks because doing so would destabilize the financial system. They didn’t cite any authority for this radical position because there isn’t any. The lack of any legal authority isn’t surprising since the rule of law dates back to the year 1215, and no law since that time would be premised on the notion that the law itself can be freely ignored.
Instead of citing any law, Breuer and Holder both claimed that “experts” were making decisions about financial destabilization. Here’s the problem. The only “experts” who appear in the record are Wall Street lawyers and CEOs generally and Goldman Sachs in particular. In other words, the TBTF banks tell the DOJ that criminal prosecution will destabilize the financial system, and the DOJ obeys. The law comes second, which in a 2-way race means it’s dead last.
So the rule of law has been dead in the U.S. for some time now, and it’s been supplanted by Goldman Sachs, which rules by edict. The “Veneer” video drills into how we know it’s Goldman in granular detail.
Of course, Breuer later lied and said that his destabilization “experts” came from the government. The problem for Breuer is that both houses of congress investigated his claim and couldn’t find any such regulators. That’s because there aren’t any. Lanny Breuer is just a liar.
Again: the only financial stability experts of record are Wall Street banks themselves, whom Breuer freely admitted came to his conference to tell him that they’d destroy the economy if he prosecuted. Goldman Sachs is the only bank in that regard that’s been disclosed by name so far.
Now, Goldman’s candidate in the presidential race is Hillary Clinton. This is how it was easy to set the odds of a Hillary Clinton indictment at zero from day one.
But what about Loretta Lynch, the Attorney General, and James Comey? Couldn’t they indict (Lynch) or at least recommend indictment (Comey)? After all, they’re not from Goldman’s law firm.
True, but both were very carefully vetted by the financial criminals at—interestingly enough—HSBC. HSBC is an admitted criminal money launderer for drug dealers and terrorists. It was the money-laundering case against HSBC, in fact, where Eric Holder announced that he wouldn’t prosecute due to fears of destabilization. This happened in December 2012.
Lynch and Comey both played a role at HSBC.
Loretta Lynch was HSBC’s “prosecutor.” When Holder punted on the HSBC case, Lynch did something highly unusual: she kept the case open on Judge John Gleeson’s docket. Gleeson was openly puzzled by the move, but saw no reason not to go along with the procedure, however odd, since Lynch and HSBC had both agreed to it.
What Judge Gleeson didn’t know was that the HSBC case, having been held open like it was, would be used as a pretext for the DOJ to claim that it couldn’t identify regulators on active cases (like HSBC). That’s exactly what Mythili Raman claimed when asked by Congress in May of 2013. It was a way for her to duck the fact that Breuer had been lying through his teeth, and that all of the DOJ’s financial destabilization experts were, in fact, the banks themselves. Less than a year after that hearing, Raman ended her 17-year DOJ career and went to…. Breuer and Holder’s law firm. See how this works?
This brings us to James Comey. In early 2013, Comey joined HSBC’s board of directors. Only then was Comey’s name floated as a replacement for FBI Director Robert Mueller. By accepting blood money from HSBC, Comey signaled the financial criminals that he’d play ball and ignore the law, as he did today when he focused on intent rather than gross negligence, which is sufficient by itself for indictment and conviction.
Lynch sent the same signal to the financial criminals in charge by entering into a screwy settlement agreement that flummoxed a long-standing judge but that provided cover for Lanny Breuer’s preposterous lies about government regulators assessing the financial impact of criminal prosecutions.
Whenever you want to know how a high-profile case like Clinton’s will turn out, just turn off the TV and throw the New York Times and other mainstream piles of misinformation into the trash can. Just spend 10 minutes or so on google looking at the bios of the key decision makers, and the clues will hit you in the face harder than Earnie Shavers, I promise.
This is just mind boggling. All I can say is these brazen criminals have oodles of chutzpah and MSM will continue to let them get away with bloody murder.
She’s part of the (deep) state department, what did you expect? All these weapons deals, etc. run through her foundation are all part of the black ops funding otherwise it would have gotten nipped in the bud a long time ago.
Calling the US a banana republic unfairly disparages bananas and renders meaningless the word “republic.”
Anyways, look on the bright side… this entire nauseating charade only further undermines confidence in the empire, which will hasten a collapse that should have happened years ago. Sooner the better as far as I’m concerned!
Great piece of timeline journalism. I don’t think your work
will find it’s way to the New York Times or CNN. I however
will circulate it and hopefully it will go viral exponentially.
The populace is slowly awaking and people such as yourself
will be the catalyst to inspire change.
Hello Dave & John,
On Bill Clinton’s last day in office he pardoned 450 people. Among the 450 pardoned was Robert Palmer, who was in prison after pleading guilty to federal conspiracy charges, related to the Clinton “Whitewater” scandal.
Mary Jo White (who is now head of the SEC) was appointed to investigate the pardons. After little action she was replaced by James Comey who found no illegality on Bill Clinton’s part.
Kind of makes you scratch your head in wonder. Does it not?
Don’t forget Bill Clinton’s last-day pardon of Marc Rich who had been his BIG campaign donor, who conveniently ran off to Switzerland & maintained dual Israeli citizenship.
How can anybody forget the Hong Kong Ponzi scheme scam artist Norman Hsu, who had been both Hitlery & Bill Clinton’s biggest campaigner, and they kept praising him as the “greatest dude ever” until they no longer could?
The skeletons (not even in the closet) of these criminals are so piled high and massive, it would make people like Mobutu or Nero or Pinochet or many more autocrats blush.
In fact, compiling all these various factoids into a professional quality video might be a great idea for one of John Titus’ next projects.
Amazing that this graft is so out in the open. I guess the populace just doesn’t care or is too stupid to connect the dots, or feels powerless to effect any change. It all adds up to a society that is rudderless and soon to hit the shoals. People will have to suffer before they wake up (or not).
Presently off-topic, Dave, but the cartel’s most recent waterfall smack-down of silver (which they STILL can’t get below 20!), AT EXACTLY 9:30 AM EST today!…
…reminds me of THIS!: https://www.youtube.com/watch?v=RKMNPQ35OUc
(PS to my above comment)…to be followed by THIS! The ultimate (and soon) fate of all holders of fiat “money”:
https://www.youtube.com/watch?v=DE0miV8YBBw
Fun fact of the day: Hillary was President of the Young Republicans Club while an undergraduate at Wellesley College. Yes, you read that correctly
12:07 AM here in Western Australia – 12:07 PM EST in New York – and now I see the SP500 is back up to 2086…
…”ON?”….(as CNBC always says all “market” changes are “on” something!)…
…ON…what? Let’s see, cable (USD/British Pound) is still at a 31 year low; USD/Japanese Yen (the usual carry trade) is still way down at 101; oil is still way down several percent from a few days ago…so WHAT could the SP500 going back up above 2080, be “ON”?…
…AH! HERE it is! From CNBC:
“as Wednesday (today)…gains in health care stocks offset pressure from the global risk-off trade. “…
OH, so THAT’s it! The whole fucking world economy is being saved by “GAINS IN HEALTH CARE STOCKS!”…
…and so THAT is why the fucking US Federal Reserve and the Bank of Japan and the ECB, STILL have A FEW MORE WEEKS LEFT, before they have to sing THIS song!:
https://www.youtube.com/watch?v=Hd_RZA07EqQ