UN Drugs Chief Says Drug Money Saved the World; Whatchu Smokin Tony ?

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were “the only liquid investment capital” available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result.

All I Can Say is WTF is He Smokin ?

cause it sho ain’t that domestic mess. that must be some super duper dynamic chronic Blazam Purple Haze or somethin; cause to make a statement like this he has to have facts.

there are three other parts to this video and you’ll be able to see them if you click the video to go to YouTube.

we’ve already talked about the cocaine on money these days, being the reason we choose to use plastic, instead of paper. as well we’ve talked about the money that the drug lords had worked into the real estate market. apparently we were hot on the trail, since this report is so fresh the ink smeared when the observer touched it.

Could this be the reality of what is making the worlds’ financial markets solvent again ? because just last week we talked about the reality of why the troops are in afghanistan.  there is no-one who doubts now, that we are wrong. the body count is mounting, as the dope becomes stronger and more easily obtained globally.

Why is the US Funding This Drug War for President Hamid Karzi’s Brother – Walid Karzi.

Did you realize that Iran has more Heroin Addicts than the USA ? and that the highest numbers for new addicts are in the close surrounding golden triangle region of Pakistan, Afghanistan, Iraq and Iran.  Absolutely unheard of just ten years ago, at the begining of the Iraq conflict build-up.

There is nothing about this situation that can make us feel good. more drugs, more drug money being pumped into the financial system; and more  addicts created to endure this pointless war against humanity.

Read this short clip from the Full Article on The Observer :

Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations‘ drugs and crime tsar has told the Observer.

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were “the only liquid investment capital” available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result.

This will raise questions about crime’s influence on the economic system at times of crisis. It will also prompt further examination of the banking sector as world leaders, including Barack Obama and Gordon Brown, call for new International Monetary Fund regulations. Speaking from his office in Vienna, Costa said evidence that illegal money was being absorbed into the financial system was first drawn to his attention by intelligence agencies and prosecutors around 18 months ago. “In many instances, the money from drugs was the only liquid investment capital. In the second half of 2008, liquidity was the banking system’s main problem and hence liquid capital became an important factor,” he said.

Some of the evidence put before his office indicated that gang money was used to save some banks from collapse when lending seized up, he said.

“Inter-bank loans were funded by money that originated from the drugs trade and other illegal activities… There were signs that some banks were rescued that way.” Costa declined to identify countries or banks that may have received any drugs money, saying that would be inappropriate because his office is supposed to address the problem, not apportion blame. But he said the money is now a part of the official system and had been effectively laundered.

This is How The Drug Problem Rebloomed – Watch it and Scratch Your Head because this is your US Tax Dollar at Work;

Now that we know how messed up the IMF Has Our Money Situation, why not pass that dro to Barack; Brotha Tony.  He, Nick the dick;  and Gordy Brown can take a big ass bong hit and get their minds straight – because this proves, only the drug barons understand the calamity of the economy and how to fix it.

Oh Golly Gee – Isn’t it time we all said “Puff Puff, Pass the Damn Bill Barack“, we need jobs and cash flowin everywhere – not just in Afghanistan

Reblog this post [with Zemanta]

Google BuzzDid you like this? If so, please bookmark it,
tell a friend
about it, and subscribe to the blog RSS feed.
Popular Posts
  • Share/Bookmark

Tags: , , , , , , , , , , , ,





  • Who’s Here Now

  • Where R U @ Now ?



       

  • Hotness, So You Say









  • Blogs We Link

  • contributors





  • Jesus Take The Wheel

  • Who's Online

    22 visitors online now
    22 guests, 0 members
    Map of Visitors
    Powered by Visitor Maps

  • Contact Us Here

    Thank you for your interest! We will contact you shortly.

  • Meta






  • Get Adobe Flash playerPlugin by wpburn.com wordpress themes