The chief compliance officer of Britain’s HSBC Tuesday said he was stepping down from that position after an investigation found that lax controls at the international bank allowed Mexican drug cartels to launder billions of dollars through its U.S. operation and other illicit transactions.
CANNABIS CULTURE - Last year's chilling book El Sicario: The Autobiography of a Mexican Assassin details the outright corruption of the Mexican government and its shady alliances with drug cartels.
The federal government’s effort to battle drug abuse has been a tragic and expensive failure. But of course, admitting that would make politicians, who regularly endorse it to sound tough, seem foolish and careless with taxpayer dollars. So the War on Drugs continues, while of necessity it slowly morphs into new forms of federal waste and unnecessary intrusion into people’s lives.
The Drug War is over. The U.S. government hasn't stopped arresting people for using pot and other illicit substances. But no one seriously believes Washington is going to "win," whatever that means. The Drug War is on autopilot, with American politicians afraid to admit the obvious.
A newspaper in Mexico's violent city of Nuevo Laredo announced on Wednesday it will end coverage of drug-related bloodshed, one day after grenades damaged its offices for the second time this year.
Incoming Mexican President Enrique Pena Nieto will inherit a drug war that has cost more than 47,000 lives since 2006. He’s betting that the Colombian general who helped take down kingpin Pablo Escobar will help him win.
The botched Fast and Furious gun-running operation is big news in Washington today, with Attorney General Eric Holder waiting to find out whether he will be held in contempt of Congress.
The top three contenders for Mexico’s presidency have all promised a major shift in the country’s drug war strategy, placing a higher priority on reducing the violence in Mexico than on using arrests and seizures to block the flow of drugs to the United States.