‘Treasury’s War,’ Missiles for a Financial Battlefield

[BCB]

a series of financial weapons developed after 9/11, and used mostly by the Treasury Department, have given the United States opportunities to weaken terrorists and rogue states as never before.

http://www.nytimes.com/2013/09/01/business/in-treasurys-war-missiles-for-a-financial-battlefield.html?ref=books

[TippingPoint]

But the heart of the book is the emergence and evolution of Section 311 of the Patriot Act, which allows the Treasury Department to designate any bank in the world as a “primary money-laundering concern” and prevent it from doing business with any American bank.

No judge.
No jury.
No trial.
No warrant.
No probable cause.
Just the Treasury Department.

The genius of Section 311 is that Treasury doesn’t do anything other than apply a financial “scarlet letter.” The actual damage is done by the bank’s peers, which typically refuse to do business with it out of fear that they, too, will be cut off from the financial system.

...other nations are now learning Treasury’s new tricks, and may eventually find ways to use them against us.

[Gabi]

So much dictatorship

[marcus_of_augustus]

So much dictatorship

So much delusion and spin more like ... most of these guys would run a mile or freeze and crap their pants if they were involved in a live fire exercise ... here they are talking about missiles and battlefields.

Edit: also these grand masters of delusion are ignoring the old maxim "when goods no longer cross borders, troops do" ... financial repression will inevitably lead to violence, it is not as benign and consequence-free as Zarate seems to be dreaming about.

[bbit]

So much dictatorship

826

[Spendulus]

As the US Dollar continues it's decline due to money printing unprecedented in world history, US plotters and strategists on the take for some of the Geightner/Obama loot praised a series of financial weapons developed after 9/11, and used mostly by the Treasury Department, have given the United States opportunities to weaken terrorists and rogue states as never before.
Markets across the world roared in laughter as the once great USD cannibalized it's own valuation.  Suave sophisticates of the elite 'gimme some free money too' class mewed over a new book written on the great financial weapons on the deck of their unsinkable Titanic.


....

FIFY