A Sewer.

          With the leak of what has become known as "The Pandora Papers" nobody should be in any doubt that the entire system is stinking rotten to the core. It is not just the greedy individuals that are fiddling the system, but all the large so called respectable financial institutions that make millions from aiding and abetting the millionaire/billionaire class of corrupt blood sucking parasites by shuffling and concealing their ill gotten gains. The rich corrupt and the institutional corrupt work hand in hand and are the mainstay of this stinking system of greed. I received the following comment from my comrade Loam and I think it shows the extent and depth of the corruption that holds together this whole rotten edifice to greed. 

Meanwhile...

       "UK banks have been accused of ‘offering their services to those with money to hide’ after a leaked cache of thousands of documents revealed some of the world’s largest financial firms have facilitated criminals and fraudsters in processing dirty cash.
       More than 2,000 sensitive banking papers detailing more than $2 trillion’s worth of transactions were analysed by a consortium of investigative journalists across 108 organisations including the BBC after being leaked to BuzzFeed News.
        The documents allegedly show banking officials allowed fraudsters to shuttle money between different accounts after being made aware the profits were from multimillion-pound scams or crimes.
         They are also reported to detail the ways in which Russian oligarchs use banks to dodge international sanctions and move money into the west.
         Referred to as the FinCEN files — from the US Financial Crimes Investigation Network — the cache is mostly made up of documents banks sent to the US authorities between 2000 and 2017, raising concerns about suspicious activity in their clients' accounts, according to the BBC’s Panorama programme, which called the documents “some of the international banking system's most closely guarded secrets”.
        It added: “The leak shows how UK banks continually fail to address suspicious activity and instead offered their services to those with money to hide.
        “Transparency International UK's research has previously identified 86 UK banks and financial institutions which have, unwittingly or otherwise, helped corrupt individuals acquire assets and move suspicious wealth.”

  

         To those who take the time to look at the system, this should come as no surprise, we know it is a sewer, it is how the system works, pillage and plunder, fiddle and steal, unless you are one of the ordinary citizens, if you attempt this, then you end up being locked up in one of their cages of repression. 

Visit ann arky's home at https://radicalglasgow.me.uk  

Funny Money.

 

        The pillars of our wonderful capitalist system is the financial giants, our honourable banks. They oil the wheels of capitalism, they feed the growth of the parasites' wealth, and now we find that they are up to their necks in wheeling and dealing with criminal and corrupt elements, laundering trillions of their ill gotten gains of this festering mess we call capitalism.  

 

         UK bank shares have taken a hit after some of the world's largest lenders were accused of allowing criminals to launder dirty money.
        Over 2,100 suspicious activity reports (SARs) covering more than $2trn (£1.5trn) in transactions were leaked to BuzzFeed News and shared with the International Consortium of Investigative Journalists (ICIJ).
       These reports, and more than 17,600 other records obtained by the ICIJ, allegedly show how senior banking officials allowed fraudsters to move money between accounts in the knowledge that the funds were being generated or used criminally.
        Five global banks were named in the investigation: JPMorgan Chase, HSBC, Standard Chartered, Deutsche Bank and Bank of New York Mellon.

      Their greed and brass necks allow them to follow the money, no matter where or how it was generated, more funds in the bank means higher share prices, then bigger bonuses for the masters. To expect other than this from these financial vultures, is being rather naive. After all they firmly believe that they control the world.

        The ICIJ reported that some of the banks named continued to work with "mobsters, fraudsters or corrupt regimes" even after they were warned by US officials that they would face criminal prosecutions for doing so.

       The sums involved are no trifling petty cash, but vast fortunes, and they are not one or two isolated incidents, it is hundreds of transactions over a considerable lapse of time. 

The top 10 banks represented in the FinCEN Files include:

Institution	Number of SARs	Amount flagged
Deutsche Bank	982	$1.3 trillion
BNY Mellon	325	$64bn
Standard Chartered	232	$166bn
JP Morgan	107	$514bn
Barclays	104	$21bn
HSBC	73	$4.4bn
Bank of China	35	$1.3bn
Bank of America	35	$384m
Wells Fargo	21	$57m
Citibank	18	$251m

Data compiled by Buzzfeed News

       Looks like Deutsche Bank could be the biggest money laundering machine in the world. So what does all this tells us, well nothing new, we should all be aware that the entire capitalist system is built on exploitation, though some of that exploitation receives the stamp of legitimacy from the state, others are given the badge of criminality. The latter are simply cash making exploitations that the state feels it has not got control of, nothing to do with morality, ethics or any of that stuff. Of course pursuing these types of affairs creates the illusion that the state is the guardian of the purity of our capitalist system. Will they pursue all those who made money from the rising shares and bonuses, as the stinking trillions flowed smoothly through the system?  

Visit ann arky's home at https://radicalglasgow.me.uk

Thugs And Politicians, Bed Partners.

      The dirty side of the lovely Greek holiday. Greece is a beautiful place, its people friendly and it has a fascinating history, though at the moment they are suffering from being ten years under the cosh of the EU, (Expert Users) ECB, (Expedient Criminal Bastards) and the IMF, (International Mankind Fuckers) and the level of poverty in that country is a criminal indictment of the system. Like all countries in this economic exploitative system of capitalism, the pleasant scenery and friendly people of Greece, has an underbelly. Apart from the "legal" exploitation of the people, there is the "illegal" abuse and exploitation of vulnerable people. Those who top the "legal" exploitation, CEO, politicians etc. are lauded and gifted privileges, the top thugs of the "illegal" exploitation reach such a position of wealth and power that they are welcomed into the exploitation club where an expensive suit and car are seen as badges of respectability. Both seek favours from the other and deliver, to form a cosy little network of exploitation and corruption, much to their mutual benefit.  

An extract from 325:

        If the one hand for laundering is the star-celebrity system, then the other one is the state.
       As a mafioso, but also as an employer, A.G. wouldn’t even survive for 30 years without the State’s tolerance, coverage and assistance. From the police “failures” to catch him, to the Financial Crime Investigation Unit / Social Insurance Institute / revenue that find his VAT number alright, all state auditing and repressive institutions bail him out. On his face we see the usual way of the local nocturnal business, with too much cruelty and gall. Still, we acknowledge him for his image of a self-made jeune premier that makes him special in our hearts. He is the first pimp, drug dealer and extortionist we know that not only doesn’t hide, but also seeks prominence and publicity.

Women burnt at the stake

        The captive migrant women of A.G. and his mafia is the tip of the iceberg in a patriarchal society, where women are to be submissive to man, the husband, the father, the boyfriend, the brother, the client, the trafficker, and the sex client. The recent murders of Helen in Rhodes and Aggeliki in Corfu represent this condition. With the same ease that the Greek society points the finger at and condemns the murderers, it winks at the conditions that produce the rapists from next door. Patriarchal violence, due to class, sex, race, sexuality, age, and any type of violence exerted by authoritarians doesn’t cease in punishment, but it goes further: it exemplifies, sending out a message to all women to remain silent, obedient, “normal” and they may not be the next victims.

      This violence is ubiquitous in daily reality. From the looks that strip, the sexist comments and harassment in the street, sexual assaults at work, to the rapes, assaults and murders, patriarchy opens wounds on our bodies and beings, delimits them with ideologies, institutions and mechanisms. Christian morality defines the woman as the inferior of the man, while stigmatizing any woman who deviates from the standard of a good Christian as a two-faced, sly, deceitful, liar, dirty. On the other hand, lifestyle reduces femininity to a refined, glossy image, always on men’s scale. At the same time, Capital binds women to production chains, while family imposes the exclusive role of motherhood, procreation and housework on them.

Immigrants burnt at the stake

      After the economic and social downturn in eastern Europe, “illegal” Capital has established networks of trafficking through employment offices and abductions as well. From Athens to the furthest villages of the Greek provinces, we got full of shabby bars, where women from Eastern Europe are being prostituted slaves to traffickers and punters, experiencing the first-hand exploitation-plunder and the male biopower.

On the other side of the coin, the remaining immigrant women take care of the local middle and petty bourgeoisie, babysitting children, cleaning houses and looking after the elderly. And in addition to the daily patriarchal decay, migrant women are experiencing nationalism, racism and xenophobia, so the Russian is identified as a prostitute, the Albanian as a cleaner, and the Bulgarian as a domestic servant.

Turning the longest night into day

    Giannakopoulos family’s comings and goings had made us stay out late. Thus, late at night of 19th to 20th December, we went to the former hellhole of Heraklion Avenue, we left three simple incendiary devices (candle, gasoline, duct tape) on some of their vehicles, set them ablaze and lit up the night.

For each Natascia, Olga, Maria.
For all.

NOT AN INCH OF GROUND FOR PIMPS – RAPISTS.
THE PATH OF FREEDOM WILL PASS OVER YOU!
ATTACK ON LEGAL AND ILLEGAL STRUCTURES OF CAPITAL

“Sophia Perovskaya” Cell, January 2019

Read the full article HERE: 

PDF version:

Visit ann arky's home at radicalglasgow.me.uk

London, Money Laundering Capital Of The World.

An extract from an interesting article on the Rabble site:

       By Some London Foxes. (NB: This is a summarised version of the full pamphlet published here.)

        If we want to bring some life and anarchy to the streets of London, it helps to understand the terrain we’re fighting on. This article looks at London’s role in global capitalism, how this drives “social cleansing” and control, and at some seeds of resistance emerging in the last year. It is a shortened version of our full “London 2016” pamphlet, which expands on these points in more detail.

 The enemy
         London now is not so much a nation-state capital as a money-laundering centre for the world elites.
         The patterns of development we are seeing now go back to the 1970s, when the international economy began to “globalise”. The Soviet bloc and organised workers movements collapsed, and neoliberal “free market” economics was unchained. As the “developing world” opened to international capital, industry shifted “offshore” from the rich economies to Asia or South America where wages were much lower. In the UK and other rich countries, mines, factories and shipyards shut, unemployent and inequality soared.
         The post-war social peace was under threat. In the 1980s, as the traditional working class was “dispossessed”, the miners’ strike brought parts of England close to insurrection, while riots raged in Brixton, Tottenham and other ghettos. The elites maintained control by increasing repression: expanding prison, surveillance, military-style policing. But, even more importantly, by finding ways to keep the majority “included” in the consumer dream. The main means to do this: debt. In a nutshell, China and other “productive” economies send their goods to us on credit, receiving back investment assets from bonds to real estate.
         While other parts of the UK economy stagnate, London thrives from this flow of goods and debts. It has two power centres: the glass towers of “The City”, site of major banks, investment funds and financial exchanges; and the noble quarter of “The West End” (Mayfair, Knightsbridge, etc.), where the global elites – from hedge fund bosses to gulf oil sheikhs or Chinese party princelings – do more discrete deals, store and spend their wealth.
        Enough wealth trickles down to employ many of us in their armies of servants, from accountants and tax lawyers down to baristas and dog-walkers. Although wages stagnate, low interest credit – mortgages and small-time property speculation, credit cards, pay day loans, etc. – keep us going.

Read the full article HERE:

Visit ann arky's home at www.radicalglassgow.me.uk

BUSINESS IS BUSINESS!!

I just had to post this in full, from the creative mind of Teacher Dude.

     HSBC Systematic Investment Plan - For the drug cartel that is going places, a photo by Teacher Dude's BBQ on Flickr. Alphonse Gabriel Capone, Group Chief Executive, said: "We accept responsibility for our past mistakes. We have said we are profoundly sorry for them, and we do so again. The Mafia of today is a fundamentally different organisation from the one that made those mistakes. Over the last two years, under new senior leadership, we have been taking concrete steps to put right what went wrong and to participate actively with government authorities in bringing to light and addressing matters.

     "While we welcome the clarity that these agreements bring, ensuring the highest standards wherever we do business is an ongoing process. We are committed to protecting the integrity of the global controlled substance system. To this end we will continue to work closely with governments and regulators around the world."
In the past several years, the Board of Cosa Nostra - HSBC Holdings plc has taken decisive action to direct management to fix past shortcomings as they have come to light. Since 2011, with new senior leadership teams in place at both Cosa Nostra - HSBC Group and Cosa Nostra - HSBC North America, Cosa Nostra - HSBC has taken extensive and concerted steps to put in place the highest standards for the future.

     The Department of Justice has recognised these efforts in the DPA: "Management has made significant strides in improving 'tone from the top' and ensuring that a culture of compliance permeates the institution. The efforts of management have dramatically improved Cosa Nostra - HSBC Bank USA's and Cosa Nostra - HSBC Group's Bank Secrecy Act / Anti-Money Laundering and Office of Foreign Assets Control compliance programmes."

ann arky's home.