Drug money has been the only thing that has kept many major banks in business

United Nation’s Office on Drugs and Crime Executive Director Antonio Maria Costa told an Austrian magazine that drug money has been the only thing that has kept many major banks in business. “In many instances, drug money is currently the only liquid investment capital,” said Costa.In 2008, the U.S. Justice Department opened an investigation into money transfers conducted by Wachovia bank. It is alleged that Wachovia transferred funds from drug deals in the United States to Mexican and Columbian money-exchange houses, or casas de cambio.Instead, we should examine the role of the U.S. government in the illegal drug trade. As former DEA agent Cele Castillo has told Alex Jones on numerous occasions, the DEA and CIA are intimately involved in drug smuggling. Castillo has “personally witnessed CIA drug smuggling operations funneled through terrorists that were also involved in kidnappings and the training of death squads on behalf of the U.S. government,” writes Michael Webster for the American Chronicle.

Evidence of this surfaced on September 24, 2008, when a Grumman Gulfstream II jet crashed near Cancun, Mexico with 4 tons of cocaine onboard. The plane had the same registration number as a CIA transport plane used to ferry prisoners to Guantanamo Bay between 2003 and 2005.

CIA involvement in cocaine trafficking in partnership with the Contras was so rampant in the 1980s that the CIA’s Inspector General Fred Hitz was obliged to testify before the House Permanent Select Committee on Intelligence admitting as much.In 1999, it was estimated by the Department of Justice that that $100 billion in drug funds were laundered in the U.S. each year.