Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Thursday, October 27, 2011

Drug War Profiteers: Book Exposes How Wachovia Bank Laundered Millions For Mexican Cartels

As protests continue against Wall Street and the nation’s biggest banks, we speak to British journalist Ed Vulliamy, author of “Amexica: War Along the Borderline.” Vulliamy exposes how one bank, Wachovia, made millions in the Mexican drug war. At the time, Wachovia was the nation’s fourth-largest bank — it has since been taken over by Wells Fargo. “You can’t drive around Mexico with hundreds of billions of dollars in cash in a truck. It has to be banked,” Vulliamy said. “What I found was that it is coming into the United States, into the banking system.”

Video
Source: Democracy Now! 

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