THERE’S A LOT OF SMOKE HERE: U.S. Government and HSBC Teamed Up to Hide the Truth From a Pennsylvania Couple About their Mortgage, by Michael Krieger. The background:
Democrats rail against big corporations, while Republicans rail against big government. This charade has been used to successfully divide and conquer the public for decades while big government and big business successfully schemed to divert all wealth and power to an ever smaller minuscule segment of the population — themselves.
It took a while, but the people are finally starting to get it and they are royally pissed off. One of the primary mechanisms for this historic elite theft has been the creation of a two-tiered justice system in which the rich, powerful and connected are never prosecuted for their criminality. Instead, the government actively protects them by pretending corporate entities commit crimes as opposed to individuals. Of course, this is impossible, but yet it’s how the government handles white collar crime. The Orwellian named “Justice Department” casually utilizes deferred prosecution agreements (DPAs), in which companies pay a little fine and the criminals themselves walk away with not just their freedom, but ill gotten monetary gains as well.
Nowhere is this most apparent than when it comes to the big banks. The individuals who work at these criminal cartels can literally do anything they want with total impunity. One of the most egregious examples of this was the $1.9 billion settlement arranged with HSBC for laundering Mexican drug cartel money and dealing with sanctioned countries. If you or I did this we’d be sitting in a concrete box eating porridge through a straw for the rest of our lives, but when “masters of the universe” at big banks do it, the parent company just pays a slap on the wrist fine and life goes on. That’s how oligarch justice works.
A suburban chemist and his bookstore-manager wife applied for relief on their mortgage with HSBC, and accidentally opened up a real can of worms.