Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 2 April 2012 [View all]AnneD
(15,774 posts)cash flows through those places......That is the way you launder large sums. This is what Al quida did/does. There are still plenty of businesses that do cash-no receipts. This is how the underground economy works. You pay cash for flour, sugar, etc, a little inflation -voila. It is even better for services like dry cleaners, import stores (remember Genco Olive Oil from the Godfather series). It is a time honored way to clean dirty money.
We have been at this 'War on Drugs" since I was a teen and I am in my late 50's now. Are we any closer now? The Gov. was just caught running guns to Mexico to the drug traffickers. If they run guns, they can receive drugs and dirty money (or oil as we found out in the Iran Contra deals-Iran, there is your first clue). The reason we haven't won this war on drugs is that it is too lucrative a scam and drug money helps prop up the too big to fail banks.
Our government in key positions-are run by crooks with less honor than a mafia don. They take their orders from corporate CEO's. They keep us distracted by divisive politics and keep ginning us up for war against people that for the most part are much like ourselves-trying to take care of their families and have a more comfortable life.