Warren: Drug possession warrants jail time but laundering cartel money doesn’t?
By Stephen C. Webster
The Raw Story
March 7, 2013
From the article: Appearing at a Senate Banking Committee hearing Thursday, Sen. Elizabeth Warren (D-MA) grilled officials from the Treasury Department over why criminal charges were not filed against officials at HSBC who helped launder hundreds of millions of dollars for drug cartels.
The HSBC scandal resulted in the Department of Justice and Treasury announcing a record $1.92 billion fine after finding that the international bank repeatedly helped the world’s most violent drug gangs move at least $881 million in ill-gotten gains through numerous countries the U.S. has economic sanctions against.
“HSBC paid a fine, but no one individual went to trial, no individual was banned from banking, and there was no hearing to consider shutting down HSBC’s activities here in the United States,” Warren said. “So, what I’d like is, you’re the experts on money laundering. I’d like an opinion: What does it take — how many billions do you have to launder for drug lords and how many economic sanctions do you have to violate — before someone will consider shutting down a financial institution like this?”
“You know, if you’re caught with an ounce of cocaine, the chances are good you’re going to go to jail,” Warren said. “If it happens repeatedly, you may go to jail for the rest of your life. But evidently, if you launder nearly a billion dollars for drug cartels and violate our international sanctions, your company pays a fine and you go home and sleep in your own bed at night, every single individual associated with this. I think that’s fundamentally wrong.”
Buono, 59, was born in Newark, the youngest of three sisters. She grew up in a working class neighborhood of Nutley, where her father – an Italian immigrant – worked as a butcher, and her mother served as an office worker and substitute teacher. When Buono was 19, her father passed away suddenly.
Buono worked her way through Montclair State College and Rutgers Law School. She began her career as a judicial law clerk and public defender for the New Jersey Department of the State Public Advocate. After a stint in the private sector, Buono was elected in 1992 to the Metuchen Borough Council. She also served as Metuchen Police Commissioner.
Buono served in the New Jersey General Assembly from 1994-2001, and has served in the State Senate since 2002.
Buono is married to Dr. Martin Gizzi. They live in Metuchen, where together they have six children.
These are the Democratic senators holding out on a proposal to reform the “silent filibuster” in the new Congress.
Over 45 senators now support the proposed reform, from Sen. Merkley, which would require senators to actually go to the floor and talk when they wanted to prevent a vote on legislation.
Under the current rules, legislation like the Dream Act and the DISCLOSE campaign transparency bill have majority support — but Republicans have silently filibustered them to prevent a floor vote.
~ via NOW with Alex Wagner on MSNBC
… and more on Obama and the filibuster here.
URGENT PLEASE REPOST:
Robocalls are occurring in Massachusetts saying to vote Warren/Obama WEDNESDAY due to Sandy:
LIES. WE VOTE TUESDAY NOV 6
#RomneyLiarLiarLiar #Fraud #Desperate #Disgusting
Not privilege, but REBLOG IT FOR YOUR MASS FOLLOWERS, BLAST IT.
If somebody tells you, “Well Obama gutted $700 billion from Medicare!”, please inform them that they don’t know what the FUCK they’re talking about. If they’re still confused, tell them to watch this Young Turks video when Cenk Uygur and Jacki Schechner break it down with charts and graphics and facts:
(Sometimes video doesn’t embed properly, so here’s the link)
Dorothy Cooper, age 96 and a retired domestic worker living in Chattanooga, never had any trouble voting even in the Jim Crow era and missed only one election in her entire adult life. But when she went for one of the state’s new free photo IDs last month so she could keep voting, they turned her away. Why? Her maiden name, Dorothy Alexander, is on her birth certificate, and she didn’t have her marriage license.
Due to Tennessee’s new voting law, she has to have a state photo ID to vote and now, even with her current voter registration card, she can’t get one.
She is older than Voting Rights Act.
Like let’s get this really real yall
Mama has voted without bureaucratic bullshit in JIM DAMN CROW
but the new millenium is trying to keep her out cause her birth certificate ( which is older than the current incarnations of both parties) has her maiden name
from back when the probably write that shit in fountain pen…
I quit all of you
EVERY SINGLE ONE
doing math : She has been eligible to vote since 1937
SHE HAD LESS TROUBLE VOTING AROUND FDR vs. LANDON than OBAMA vs.ROMNEY
God damn it.
Elizabeth Warren is taking aim at a new opponent: Paul Ryan.
The Democrat, who is running to unseat Massachusetts Sen. Scott Brown, has been invigorated by the injection of Ryan into the presidential contest — an opportunity that allows her to play to the strength of her financial background after a long summer of tight polls and an extended flap over her Native American ancestry.
Ryan’s emergence onto the 2012 scene might just give Warren a new wedge against Brown’s claims of independence from his party as he seeks to duplicate his upset 2010 special election win in the blue state state. Expect the Warren camp to keep pounding away at Brown’s ties to Ryan and his controversial budget plan, regardless of what distinctions Brown draws.