Asia-focused bank HSBC said on Tuesday it would pay US authorities a record $1.92 billion to settle allegations of money laundering that were said to have helped Mexican drug cartels, terrorists and Iran.
The US is the world's largest prison state, imprisoning more of its citizens than any nation on earth, both in absolute numbers andproportionally. It imprisons people for longer periods of time, more mercilessly, and for more trivial transgressions than any nation in the west . This sprawling penal state has been constructed over decades, by both political parties, and it punishes the poor and racial minorities at overwhelmingly disproportionate rates .
But not everyone is subjected to that system of penal harshness. It all changes radically when the nation's most powerful actors are caught breaking the law. With few exceptions, they are gifted not merely with leniency, but full-scale immunity from criminal punishment. Thus have the most egregious crimes of the last decade been fully shielded from prosecution when committed by those with the greatest political and economic power: the construction of a worldwide torture regime, spying on Americans' communications without the warrants required by criminal law by government agencies and the telecom industry, an aggressive war launched on false pretenses, and massive, systemic financial fraud in the banking and credit industry that triggered the 2008 financial crisis.
The criminals in the banking industry sit on top of this prison state! Justice is no longer about doing the right thing it's about how much money you have in your bank account! Justice is for sell to the highest bidder! I was in law enforcement for a long time and I know what a joke are justice system has become.