Posts tagged “patriot act”
June 18, 2013
Told you so.
Some might deem it celebratory to utter this phrase, as if one is boasting about their own clever foresight. But when it comes to serious matters — matters that affect millions of people, their jobs, their health, and their livelihoods, there is no satisfaction in being right about predicting bad conditions. It’s much better to predict good news. But as it now stands in our country, many problems that emerged years ago have developed into sheer catastrophes, despite the many warnings of forward-thinking experts, scholars and observers.
Disturbingly, those of us who saw the warning signs and called attention to the storm clouds on the horizon are routinely ignored or even chastised, while the blatant war mongers, the misleaders, the defrauders and the corporate apologists are given ample TV/radio time and space on op-ed pages to promote their wrongheaded views. What kind of nation prosecutes whistleblowers for telling the truth, while the perpetrators of blatant, criminal actions by governments and corporations continue to walk free and enjoy the fruits of their shameful actions?
Tags: Adolph Reed, barack obama, Barbara Ehrenreich, bill moyers, Bob Monks, Glass-Steagall Act, James Hansen, Jim Hightower, Lawrence Summers, Lois Gibbs, National Security Agency, Nomi Prins, patriot act, ralph nader, ramsey clark, San Onofre nuclear plant, told you so, William Greider
April 7, 2010Legislation that greatly reduces the liberties of U.S. citizens, the Patriot Act includes financial provisions that are the toughest anti-money laundering regulations so far introduced in a Western country. Too bad the regulations only apply to transactions in U.S. dollars involving U.S. banks and U.S. registered foreign banks. ... Far from destroying terrorist finance networks or even curbing money laundering, the new financial regulations prompted an outflow of money from the United States. Banks did not like the Patriot Act and advised clients to move away from dollar-denominated investments into euro investments. The infant euro at the time offered a perfect alternative. Money launderers made similar decisions, and simply moved their activities across the Atlantic. The absence in the European Union of any legislation similar to the Patriot Act encouraged such a decision. In the space of a few months, Europe became the epicenter of money laundering activity in the world. — Loretta Napoleoni at the Washington Post's Political Bookworm column
April 28, 2009Loretta Napoleoni, author of Rogue Economics, addressed the European Parliament in Brussels on April 1 with her speech, "Feast of Fools"—in which she discusses cocaine trafficking, the Patriot Act, and the dependence of the American economy on the underground. In short: watch the video. (For an English translation, text only, please click here and scroll down the page.)