International Money Laundering Scheme Ignored by Obama Administration (Open Thread)

Posted by Bridgette

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The Corrupt Obama Administration and the Lamestream Media Aren’t Reporting?  Why Might that Be?

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“Money laundering happens in almost every country in the world, and a single scheme typically involves transferring money through several countries in order to obscure its origins.

Money laundering, at its simplest, is the act of making money that comes from Source A look like it comes from Source B. In practice, criminals are trying to disguise the origins of money obtained through illegal activities so it looks like it was obtained from legal sources. Otherwise, they can’t use the money because it would connect them to the criminal activity, and law-enforcement officials would seize it.”

Tidal Wave Set to Hit Shorebank and Its Cronies UPDATED!

 © By Bridgette WTPOTUS 2010

Big Government publicized the investigative work of Chicago’s 9-12 Project regarding Shorebank Corporation beginning in April, 2010 and again on May 20th. To further expose the corruption surrounding this bank, Glenn Beck has done further investigation and is tying the bank to radicals in government, government officials, specific groups, individuals, and major companies and banks in what he has dubbed “Crime Inc. ”

Recent news organizations have reported that Shorebank needed a bailout, but they weren’t available for TARP funds because they didn’t meet the criteria.  They have called on their “friends” for additional cash so they might be eligible for TARP funds.  Like other left-leaning, democratic organizations, this bank appears to have many tentacles. Questions arise as to their operations and why they are not being closed by the FDIC for poor management or other regulations.   What is it that makes Shorebank so important that they aren’t being allowed to fail?  Shorebank was the recipient of Stimulus Funds in the amount of $35 million, yet they need more money less than a year later. One also must question why major “bailed out”  corporations like Bank of America and  J.P. Morgan Chase  are being called on to “save” this bank.   The “Bailed Out” are now involved in “Bailing Out?”

Most peculiar is how Shorebank’s logo and motto resemble Obama’s colors in his logos and his pre-election mantra. Their motto, “Let’s Change the World.”  Creepy, and telling.

What is the story? Who are the people behind Shorebank and its other entities that are now seem operating both nationally and internationally?  Below are the articles from the 9-12 Chicago Project. Those at the 9-12 Chicago Project  are to be commended for their work and for exposing what appears to be another organized criminal organization.

Gangsters Masquerading as Politicians –Alexi Giannoulias

By Bridgette

Welcome to the Illinois Rogue Gallery of Gangsters who masquerade as honest politicians, “friends” of politicians, associates of politicians, union officials and their notorious thugs, underground criminals, and the endless parade of their debtors or creditors.  Their mentality of  “I’ll scratch your back if you scratch mine”  has led to a mafia type organization with corruption to match.  Opposition leads to usual/unusual consequences including  suspect suicide and deaths.  Although their game  increased profits for Chicago and state morticians, their gangland stronghold kept the city from thriving.   Knowledge about the inner workings and connections in Illinois are the backdrop to the shenanigans we are watching on the Washington, D.C. stage.