PU101-NOT ABOVE THE LAW - Bessent s 1.2 Billion Strike on the Empire s Banks - Promethean Updates
Susan Kokinda opens the episode by exposing a $1.2 billion Treasury penalty against Bank of America that slipped under the radar, framing it as a decisive strike on the post‑1971 global banking machine. She details how the Treasury’s Financial Crime…
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PU101-NOT ABOVE THE LAW - Bessent s 1.2 Billion Strike on the Empire s Banks - Promethean Updates
Susan Kokinda opens the episode by exposing a $1.2 billion Treasury penalty against Bank of America that slipped under the radar, framing it as a decisive strike on the post‑1971 global banking machine. She details how the Treasury’s Financial Crimes Enforcement Network singled out the bank for ignoring Chinese money‑laundering networks and drug‑money flows along the U.S. border, calling the conduct “imperial banking.”The narrative then rewinds to Bank of America’s historic role in the 2008 crisis—its acquisitions of Countrywide and Merrill Lynch, the TARP bailout, and the earlier cease‑and‑desist order that was effectively ignored. Kokinda connects these episodes to the broader post‑Bretton Woods era, when floating currencies let money‑center banks recycle petrodollars into predatory loans that crippled developing nations while the IMF imposed austerity.A deep dive into leadership reveals former Bank of America chief Tom Clausen’s rotation between the bank and the World Bank, and current CEO Brian Moynihan’s alliances with King Charles, the World Economic Forum, and the Sustainable Markets Initiative. Kokinda argues that these ties bind the bank to a green‑finance agenda that the United States is now confronting.The climax centers on Treasury Secretary Scott Besson’s response at the IMF’s Bangkok meeting. Besson denounces the IMF’s post‑1971 playbook, warns the institution of marginalization, and flips the script on green policy by announcing a Nuclear Energy Assistance Trust Fund to fund nuclear projects in the Global South. The episode links this policy shift to decades of suppressed nuclear programs in Latin America, India, Egypt, Iran, and Pakistan, suggesting a strategic break from imperial energy control.Kokinda concludes that the fine is not an isolated enforcement action but a warning shot aimed at the entire globalist financial architecture, signaling a potential overhaul of money‑laundering tolerance, IMF austerity, and climate‑finance mandates.
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