Archive for May, 2011

ABC is reporting the Department of Justice has given the go ahead to formally seek an indictment against former Senator Edwards for campaign laws primarily dealing with hundreds of thousands of dollars donated by two wealthy supporters. At least some of that money is said to have gone to his mistress Rielle Hunter in order to cover up his affair. Edwards contends he has done nothing illegal.

The next question is will he seek a trial or a deal?  

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By now everyone should have heard something about Wachovia admitting they allowed Mexican drug cartels to launder almost FOUR BILLION dollars through their bank. What amazes me is how little this story was covered especially locally and what’s worse is it appears it takes a U.K. paper to tear down the story and present it in a clear timeline of events. Now even more interesting is this video from The Keiser Report. In this video they draw a clear line to the Mexican Drug Money pullout to the banks needing to go to the Feds for cash and thus the beginnings of the financial crises.

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