The illegal drug trade is an essential component of global politics, playing a central role in the proliferation of arms used to destabilize countries and unseat unfavorable regimes in the geopolitical quest to create favorable conditions for oil ventures while bolstering the banking industry.
Peter Dale Scott, a Canadian born scholar, poet and former diplomat, the world’s foremost researcher into the inner workings of government conspiracy (conspiracy meaning organized plans and programs). He has for decades been exposing the shadow elements operating under the cover of government, deep politics and big oil.
This underworld of influence is described in detail in Scott’s latest book, The American Deep State: Wall Street, Big Oil, and the Attack on U.S. Democracy (War and Peace Library).
“He marshals convincing evidence that the deep state is partly institutionalized in non-accountable intelligence agencies like the CIA and NSA, but it also includes private corporations like Booz Allen Hamilton and SAIC, to which 70 percent of intelligence budgets are outsourced. Behind these public and private institutions is the traditional influence of Wall Street bankers and lawyers, allied with international oil companies beyond the reach of domestic law.” [Source]
Thus, Scott makes the case that these institutions operate outside of the law, and in a 2010 interview with James Corbett of the Corbett Report he makes the connection the global illegal drug trade is a primary factor in the funding and operation of government agencies which operate without legitimate legal franchise.
The connections between drug money, the deep state, and Wall Street are now well-defined.
“It’s clear that drug trafficking is a major factor in world scheme, and some people put it up as maybe number three, after oil being number one, and then arms number two, and then drugs number three. Actually there’s a certain amount of interaction between those because very often where you’re having illicit trafficking of arms, the planes that take arms in one direction, the arms are paid for with drugs and the planes come back with drugs.” ~Peter Dale Scott
Scott also discusses statements made in 2009 by the head of the UN Office of Drugs and report revealing the critical role drug money played in keeping several of the world’s largest banks afloat during the financial crisis of 2008.
“Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were “the only liquid investment capital” available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result.” [Source]
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