From: “James M. Cobb” <jcobb@ahcbsd1.ovnet.com>
To: cypherpunks@toad.com
Message Hash: 855ec70695ad5b0a024bd43a4cd636fa0f07191baecdc722ff3c5f0bd514d02f
Message ID: <Pine.BSD.3.91.951204003918.13763D-100000@ahcbsd1.ovnet.com>
Reply To: N/A
UTC Datetime: 1995-12-04 05:40:17 UTC
Raw Date: Sun, 3 Dec 95 21:40:17 PST
From: "James M. Cobb" <jcobb@ahcbsd1.ovnet.com>
Date: Sun, 3 Dec 95 21:40:17 PST
To: cypherpunks@toad.com
Subject: No Privacy Right in the Americas ?
Message-ID: <Pine.BSD.3.91.951204003918.13763D-100000@ahcbsd1.ovnet.com>
MIME-Version: 1.0
Content-Type: text/plain
Friend,
A 12 02 95 Bloomberg newsstory is headlined:
Latin American nations will help U.S. combat
money laundering
The newsstory's datelined:
BUENOS AIRES (Dec 2, 1995 - 16:38 EST)
It reports:
A communique issued after a two-day meeting of ministers
and anti-drug officials from throughout the Americas said
countries had agreed to...establish systems to identify
transfers and deposits that could be linked to illegal
activities.
Please note: NOT transfers and deposits that
are so linked
but t & d's that
COULD BE so linked,
and
seized !
Perhaps that's why US Treasury Secretary Robert Rubin exclaimed
...this conference was an enormous step forward.
In particular,
Countries in the region were encouraged to follow the U.S.
lead in setting up organizations which use computerized
technology to search data bases for suspicious transactions,
said Rubin.
Such organizations can be distant, official organizations or
they can be neighborhood, job-creating, community-aware, entre-
preneurial blessings. Anyway you like it !
One selling-point at the conference:
Crime organizations such as the Yakuza in Japan, the Col-
ombian drug cartels and the Italian mafia depend on money
laundering to place their gains beyond the reach of the
law.
Rubin summed up the point:
Profits that can't be spent aren't profits.
He would have us believe he doesn't know where to shop.
The illegals can spend profits on neighborhood troops, troops
armed --one way or another-- by the world's most successful
arms supplier.
The advantage to that supplier? It keeps
all 34 [minus 1] democratic governments in the region
destabilized --amenable to penetration by money bags who know
how to thrive in managed chaos-- ; and still dependent on arms
from the "distant," official supplier.
The advantage to the money bags? It diverts "profits that
can't be spent" from directly competing with them.
The advantage to the illegals? Neighborhood troops protect
turf and provide inexpensive medical treatment for those with
complaints.
The advantage to the politicos? Low intensity warfare keeps
government troops busy doing something besides staging coups.
Managed chaos? Like the Buenos Aires conference which
...emerged from [Clinton's] Summit of the Americas held
in Miami a year ago.
Right to privacy? But of course. From scheming in Miami to
"profits that can't be spent" coverup in Buenos Aires to "we
don't do that anymore" death squads in any of the 34.
"But I meant, for the people."
"You mean you have a complaint?"
Cordially,
Jim
NOTE. The Nando Times website URL is:
http://www.nando.net
The online filename of the above newsstory is:
biz634_2.html
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