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News Link • Venezuela

Is Venezuela's fate a warning to Canada?

• Zero Hedge

[Originally posted at I-System TrendCompass] I know, that may sound bizarre, but that was the title of the Globe and Mail Sunday Editorial four days ago. It literally read, "Venezuela's fate is a warning for Canada." The article is behind a paywall, but even its title raises a serious question: how much paranoid imagination would it take to think that Trump's kidnapping of Nicolas Maduro was a warning to Canada? As it turns out, not very much and some people in Canada are rightly feeling very nervous about this.

In the immediate aftermath of Nicolas Maduro's abduction, State Secretary Rubio said that, "we're at war with drugs trafficking organizations," and oligarchs. Trump, in his signature style, said very little of any substance, but did mention that the U.S. is losing 300,000 people a year to drug overdose deaths (in his opinion; the official figure is closer to 100,000) and that "a lot of it is coming from Canada."

Targeting the drugs smuggling networks

On Tuesday, Promethean Action's Susan ?Kokinda issued a report titled, "While you watched Venezuela, Trump quietly put Canada on notice." The report is 16-min. long and well worth a careful listen, but it doesn't really explain how, or why Trump put Canada on notice or what Maduro's abduction might have to do with Canada. What she does explain, quite compellingly, is the case that Trump is targeting the drugs and people smuggling networks and the money laundering banks that enable their illegal activities. Maduro's government may have been an accomplice in those networks:

"If this is a war on drug trafficking organizations and oligarchs, as Rubio says, then it is automatically a war on the global banking system because you can't separate the two. The target isn't just jungle labs and drug boats. It's the City of London. …

The Caribbean area is the home of the infamous system of offshore banking established directly by the British. Back in 1960, the largest banking houses in London, working in partnership with the government and the exchequer established 14 completely secretive jurisdictions. These are the banking centers that now hold between $50 and $75 trillion dollars with all 50 of the world's largest banks operating within them.

These offshore centers exist outside of the control of sovereign governments. They're secret, they're unregulated and they facilitate illegal activity. There, legitimate banking has been transformed to criminal enterprise."


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