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LARGE AMOUNTS OF CASH FUNDED PLAN TO ALLEGEDLY TRACE MONEY LAUNDERING
by Sharon Rondeau
(Dec. 26, 2011) — The New York Times is reporting that “millions of dollars” have passed through the Bureau of Alcohol, Tobacco and Firearms (ATF) to Mexican drug dealers, raising the same concerns about which Congress has been grilling Eric Holder for the last several months in regard to the Fast and Furious gunrunning operation.
Rep. Darrell Issa is investigating both Fast and Furious and a program carried out by the Drug Enforcement Agency (DEA) allegedly designed to discover where criminals put funds obtained from illegal drug sales. The DEA operates in 62 countries around the world.
The funds transferred to Mexican drug agents reportedly come from taxpayers. A statement from the DEA maintains that such operations with Mexico have been ongoing “for years” and that “The cooperation between the United States and Mexico is based on principles of shared responsibility, mutual trust and respect for the jurisdiction of each country.”
On December 14, 2010, former Marine and Border Agent Brian Terry was murdered with weapons from the U.S. which had been transferred to Mexican drug smugglers. Two guns were initially found at the crime scene, although a third was later identified as having come from Texas. On November 23, 2011, Judicial Watch reported that the records from Terry’s case had been sealed by the Obama regime. The FBI has been accused of having been complicit in a cover-up of the circumstances surrounding Terry’s death. One of five people suspected of the murder had been arrested previously for being in the U.S. illegally.
ATF’s stated purpose is to protect “our communities from violent criminals, criminal organizations, the illegal use and trafficking of firearms, the illegal use and storage of explosives, acts of arson and bombings, acts of terrorism, and the illegal diversion of alcohol and tobacco products.”
CBS News has reported that emails exchanged among ATF agents reveal that Fast and Furious was designed to promote the adoption of a new regulation on gun sales.
Holder has reportedly blamed Issa’s investigation of Fast and Furious on racism. His May 2011 testimony to Congress contending that he had only recently learned of the operation has been refuted by Justice Department memos which described “guns walking” during the fall of 2010. Holder’s office has reportedly been “tempestuous” and “furious” regarding CBS News’s questions about the Fast and Furious operation.
The “White House Insider” had predicted in late April that “Eric Holder is gonna fall.” He also stated that putative Secretary of the Treasury Timothy Geithner orchestrated the acquisition of Bear Stearns by JP Morgan in 2008, before he was nominated by Obama, and that numerous large financial concerns donated significant amounts of money to the Obama campaign.