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The
corrupt banking systems of the world & the fake
war on terror
By
William Benway
RAW STORY COLUMNIST
About 60 countries have a worldwide reputation as offshore
tax havens for the rich, the corrupt, and the truly
dangerous breed of human known as the international
terrorist. They all open accounts without real names
or identification. These “shell banks,”
as they are known, commonly bundle all the transfers
that come in and go out without saying where they are
coming from. For example, the Al-Shamal Islamic Bank,
set up by Osama bin Laden himself in the Sudan, has
correspondent accounts at Citibank and American Express
Bank.
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It is also an interesting side note that on Sept. 11,
the bin Laden family was flown out of Oklahoma City on
a U.S. government airplane even though the Federal Aviation
Administration had issued a no-fly order.
Citibank lobbied but failed to derail legislation passed
after Sept. 11 to ban such shell accounts from having
correspondent accounts that let them move money into
the U.S. banking system. Terrorists and drug traffickers
still can go through “legitimate” banks
in Liechtenstein, the Sudan, the Cayman Islands, or
another offshore haven. Hijacker Mohammed Atta had a
Citibank account in the branch at Dubai. Before the
attack, he received $100,000 from an unidentified account
in Dubai.
Jack Blum, a Washington lawyer who co-wrote a 1998
report to the United Nations on the offshore phenomenon,
says, “U.S. policy is influenced by the fact that
the hot money from the rest of the world fueled one
of the greatest booms in the stock market and that brokerage
firms find it profitable to run private banking operations
for rich people who don’t want to pay taxes. Seventy
billion dollars in U.S. taxes are evaded every year
through offshore accounts.”
The offshore system started with the Swiss, who in
the 1930s opened numbered bank accounts to hide the
looted money of victims of the Nazis. The looters would
deposit their wealth, gold, cash and artwork in accounts
identified by number, not name, so the Germans could
not trace and seize the funds.
One of the worst examples of money laundering of Nazi
gold is by the private Vatican Bank in Vatican City.
The Pope, as the sole shareholder of the Vatican Bank,
is one of the richest men in the world and, by definition,
one of the least moral. A well-known attorney who specializes
in Holocaust restitution has documented transfers of
gold from Nazi SS accounts to the Vatican Bank in 1943
just as the Allies were closing in. The Vatican Bank
claims to have no records from the World War II period.
How convenient.
Before Sept. 11, the Bush White House flatly refused
to freeze accounts of so-called “terrorists”
such as Osama bin Laden in ABN-AMRO, the Dutch bank
operating in 15 major U.S. cities. Why? Simply put,
because the secret accounts implicated the Bush family
along with the so-called “terrorists.”
Freezing those accounts in the billions of dollars
inevitably would lead to disclosures of the huge financial
tie-in between the Bush family and the worldwide bin
Laden Group business cartel and its relative, Osama
bin Laden. Although demonized as the head “terrorist”
of the world, Osama bin Laden reportedly does get huge
sums, clandestinely transferred, through members of
the Saudi Royal Family, which is secretly, sometimes
openly, anti-American. The reputed transit point? ABN-AMRO,
also known as Algemene Bank Nederland. And, not everyone
accepts as a fact that Osama has been cut off from heavy
funding of his family members, 24 top ones having resided
in the United States until a few days after the Sept.
11, 2001, violence.
The Bush family is tied financially to the Carlyle
Group which, in turn, has had the former President Bush
as a heavily paid consultant to the bin Laden Group,
and ultimately, to Osama, once described by former President
Bush and the CIA as a “freedom fighter”
when Osama bin Laden carried out the Bush/CIA agenda
to drive the Soviets into humiliation by stalemating
them in the Afghan-Soviet War, 1979-1989. That led,
in part, to the downfall of the Soviet Union into breakaway
provinces, also by way of the CIA-orchestrated attack
on the Soviet Ruble currency.
The oil cartel, headed by Unocal and others tied to
the Bush family, has instigated the whole war with Afghanistan
because the Taliban/Kabul government interfered with
letting the natural gas/oil pipeline through Afghanistan
and then, as planned, on to Pakistan as a link to energy-hungry
India, Red China and Japan.
In its simplest form, Osama bin Laden and the Taliban
wanted a bigger cut than the oil consortium offered
them. Some of the huge joint secret accounts at ABN-AMRO
linking the Bush family to the bin Laden Group and Osama
bin Laden reportedly are tied to the Unocal oil consortium.
Key Taliban officials, now demonized, were honored guests
in Texas by Unocal when George W. Bush was governor.
Details are tucked away in a Chicago Tribune story on
Oct. 21, 2001, “University helped U.S. Reach Out
to Taliban.”
The Bush White House flatly refusing to freeze up so-called
"terrorist" accounts at ABN-AMRO, touched
off a furor by being replicated on other Web sites worldwide.
The more independent-minded Internal Affairs unit of
the U.S. Treasury Department, finally ordered a freeze
of those accounts, leading to an analysis of who and
what and where. The same unit investigated the 25 worldwide
secret accounts of the Bush family, used for laundering
billions of dollars of illicit funds from dope trafficking
and such. There are secret Federal Reserve wire transfer
records, transfers authorized by a secret code that
Fed chairman Alan Greenspan has.
It is clear that the so called “war on terrorism”
is a sham and that many U.S. banks are complicit in
helping to launder the dirty money of the terrorists,
most of it generated by the illicit drug trade, chiefly
the opium trade out of Afghanistan. So much for the
“war on drugs,” too, I suppose. In Part
Two of this piece, I will go into more detail on just
how the World Bank, the Federal Reserve and the Bush/bin
Laden alliance are undermining the safety of U.S. citizens
and what should but will not be done to truly stop the
terrorist threat worldwide.
