- United States Congress
- United States of America
After decades of national abuse, it has been decisively shown that a felony, titled “financial treason,” must be set in place, carrying a mandatory life sentence and huge fines applicable to individual Wall Street bankers guilty of money laundering, terrorist financing and/or the creation of fake profits and virtual stock prices. We can no longer allow criminals to hide behind the corporate veil.
“Banks don't commit crimes. Bankers do. And they won't ever stop if they don't have to pay for their crimes.” (J.P. Morgan – The Man and the Bank, Jim Hightower)
Money Laundering and Terrorist Financing: Money laundering is currently one of the most profitable criminal businesses in the world revenue with estimates as high as $2 trillion per year (United Nations and International Monetary Fund stats). While money laundering has traditionally been connected with the narcotics trade and organized crime, attention has turned to terrorist financing since 9/11.
Money laundering is defined as taking the proceeds of criminal activity and making them appear legal via bank deposits in order to engage in drug trafficking and other illegal criminal activities in our country and around the world.
Terrorist funding is defined as financing the enemy with intent to destroy or overthrow our government, and do harm or kill its citizens.
When caught by authorities, big banks simply pay meaningless fines for laundering money for terrorists. So, while they behead American citizens, terrorists have nothing to worry about when it comes to losing their cash source. “If you’re caught with an ounce of cocaine, the chances are good you go to jail. If you’re caught repeatedly, you can go to jail for life,” Warren (Sen. Elizabeth Warren) told regulators during a Senate Banking Committee hearing. “Incidentally, if you launder nearly 13 billion dollars in drug money, your company pays a fine and you go home and sleep in your own bed at night.” (Infowars.com, M. Webster).
Fake Profits and Virtual Stock Prices: "The magnitude of hidden evils on Wall Street is enormous! The market is virtual, little more than a computer-generated world in which profits and stock values are fake, largely due to money laundering. The more virtual Wall Street banks become, the easier it is for banks to say and do anything with finances. Debt, fees, profits and stock prices will soon become the creation of virtual manipulation and in short, be meaningless. We will not know what is real and what is not.” (Thank God for Money Laundering. Big Banks Sure Do!, Richard C. Shumaker)
Fake profits and virtual stock prices go hand-in-hand to deceive the Securities and Exchange Commission along with every investor in the stock market.
We, the undersigned, call upon the United States Congress to prevent individual bankers from turning a blind eye to their perpetuation of criminal activities, the destruction of our government, and death to its people.
Help say “NO” to deliberate lying to the SEC and the market it tries to protect, as well as a conspiracy to evade massive taxes.
The Jail Wall Street bankers that finance terrorism petition to United States Congress was written by Richard C. Shumaker and is in the category Law Reform at GoPetition.