In Praise of Senator Warren:

Last week I praised conservative/libertarian Senator Rand Paul for his filibuster over this administrations stand on the use of armed drones on American soil. Today I am praising liberal Senator Elizabeth Warren for her stand on the HSBC scandal. (Mega-Bank HSBC has admitted to laundering nearly a billion dollars for Mexican Drug lords, and helping American enemies such as Iran and Cuba evade international sanctions.)

Senator Warren is outranged that not one person involved has been charged with a criminal action, or been personally sanctioned for this blatant law breaking. HSBC itself was fined 1.9 billion, but works out to about a month’s profits, a hit but hardly something that really smarts.

It undermines out system of government with being rich and powerful means you can flaunt the law. A person buying a personal amount of those illegal drugs would faces years, many years, in prison but the men who helped our enemies evade our sanctions are left untouched. It is a travesty, ‘laws must bind high and low alike or they are not laws at all’.This cozy relationship between regulators, and officials must be end.

Share