Big Bank Take Little Bank: Inequity in the War on Drugs

by Eco.Soul.Intellectual

The Obama Administration has justifiably been hit with a flood of criticism for pouring money into the failed “War on Drugs.” Not only is this new war redirecting needed resources to rebuild the US infrastructure, but everyone knows at this point and time that the “war” is simply for profit, and the war on drugs is about as real as the Toothfairy and Candyman.

Freeway Rick Ross

In Los Angeles, it was revealed some years ago that local police officers were using information gathered from the D.A.R.E. programs to later on slap gang affiliations on youth who were not even in a gang.

And everyone should know about the infamous C.I.A’s scheme during the Reagan Era which pumped millions of tons of crack cocaine into South Los Angeles (formerly known as South Central) in the 80s and 90s to fund its drug war in Central America. Ironically, the news reporter Gary Webb who broke the story in the Mercury News in 1995 was found with two bullets in his head several years back. The death was ruled a suicide.

Gary Webb

Thanks to the former prison guard turned thug rapper, Rick Ross for reviving the legendary local drug lord, “Freeway” Rick Ross, and his large contribution in ensuring that black Los Angeles would socially and economically implode.

The question about this funding for fighting drugs should be, “What is the war on drugs covering this time?”

For years, people have been screaming and shouting about the disproportionate sentencing of individuals buying or selling crack cocaine versus cocaine. But that is not the largest disparity, as a recent federal government ruling revealed.

While Pookie, Tom and Mr. Juarvez get jail time for peddling anywhere from a couple of hundred to even a cool million or two, Wachovia Bank, now a part of Wells Fargo, gets a simple fine for laundering billions of drug money on behalf of Mexican drug lords.

In an article on Black Agenda Report:

Wachovia recently completed what amounted to a year-long probation arising from a March 2010 settlement deal with federal prosecutors who were pursuing criminal proceedings against Wachovia for its facilitating of illegal money transfers from Mexico totaling $378-billion…a staggering sum greater than half of the Pentagon’s annual budget, which included billions of dollars traced directly to violent Mexican drug cartels.

“The fine amounted to less than two percent of Wachovia’s profits.”

The record $160-million fine slapped on Wachovia under terms of that settlement deal included a $50-million assessment for failing to monitor cash used to ship into the US 22 tons of cocaine. (That fine amounted to less than two percent of Wachovia’s profits during the prior year.)

Wells Fargo now owns Wachovia. Wells Fargo, federal prosecutors stress, was not involvement in the misdeeds that landed Wachovia in court, where it received a deferred prosecution deal.

As the article reads, Wachovia bank, and might I add was originally started and seed money is from slavery, operated largely from money transfers from Mexico by the drug trade, a drug trade that is a global business.

The drug wars in Mexico and its subsequent trade includes players from Russia, Middle East, Nigeria, India, and of course America. It is easier to funnel drugs through the Mexican borders due to the open border trade system that was established during the Clinton Era and strengthened under the Bush Regime.

The whole issue of border safety and border protection from immigrants who cross the imaginary line is really using poor Mexicans and the various minions in the Mexican Mafia as pawns to cover up the billion-dollar-a-month operation of shipping in shit loads of drugs in a sophisticated network that is funneled by banks and mega-corporations.

Though there are actual law enforcement who think they are doing the right thing and capturing drugs, their strong arm tactics are being exploited as well because the big boys never go to trial. They pay to play.