“The shadowy bastard child of NAFTA”

January, 23, 2008 · 1 Comment

“Grits For Breakfast“, which covers (and covers very well) what passes in Texas as “justice” expands his horizons a bit to look at one key player in Mexican drug cartel violence — money launderers.

It’s not something I’ve followed closely, but Grits (aka Scott Henson) has been keeping tabs on… as has WFAA-TV’s Byron Harris, who has “followed the money.” Last month, Harris reported on Ex-Im Bank loans tothe Juarez and Sinaloa cartels. Which means you and I — the taxpayers of the United States — are loaning money to gangsters.

The U.S. government is underwriting corruption and murder in Mexico quite openly… no need for some big secret CIA plot needed. .

Grits reports that Ex-Im is claiming it’s cleaned up its act. OK, sure. And we don’t waterboard suspected “terrorists” either.

Oh well… I guess this blows the idea that there are “pure” capitalists. Even drug dealers need government handouts to do business.

Categories: Banking · Border Issues · Clueless gringos in Mexico · Crime and Punishment · Drugs · Economy & Business · Evil-doers · Export-Import Bank of the United States · Gringo(landia) · Gun runners · Money laundering · Morditas and bribery · NAFTA · Political bloggers · Texas · Trade agreements and issues

1 response so far ↓

Gritsforbreakfast // January, 24, 2008 at 7:17 am

Thanks for the link love. Keep your eye on that alleged CIA drug plane deal, too, as I think we may soon see the other shoe drop. The Mexican AG issued an indictment alleging the Sinaloa Cartel purchased 50 planes, including the two cocaine planes recently downed, from an unnamed US source. See links in the last item in this post:

http://gritsforbreakfast.blogspot.com/2008/01/goin-down-to-mexico-front-lines-of-hot.html

Hundreds of millions in Ex-Im bank loans and sale of a FLEET of 50 planes - I think we’re only starting to get a glimpse of the US-side infrastructure in the drug smuggling racket. best,

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