Lord Jonathan Sumption defines the core limits of the rule of law and warns that courts in the UK and US have dangerously overreached by meddling in political policy rather than simply checking state power.
Yes, this is a warning. But do not assume the response will be a clean market correction or ordinary recession. The system is highly leveraged, politically managed, and increasingly dependent on emergency liquidity.
BREAKING: Judge jails Enoch Burke for Christmas with effective life sentence
This is a dark and shameful day in Ireland. Enoch Burke is an exemplary teacher and a man of integrity. His only “crime” is that he refuses to endorse transgenderism and bow to a satanic ideology.
Judge Brian Cregan announced in court this morning that if any of Enoch Burke’s family members spoke he would eject all family members from the courtroom. The Supreme Court has ruled that such an action would be illegal.
While sitting on the bench today Judge Cregan lied, obfuscated and quizzed Enoch Burke on reports from an Irish Independent newspaper article written by journalist Shane Phelan - while trampling on Enoch Burke’s God-given and constitutional right to profess and practise his religious belief.
Our courts are now a shambles and citizens of this country are suffering as a result - most of all Enoch Burke who will spend this Christmas in a jail cell in Mountjoy.
Dear Secretary Bessent @SecScottBessent,
My name is Everett Stern. In 2010 I was a compliance officer at @HSBC. From a back office in New Castle, Delaware, I watched billions of dollars move to drug cartels, sanctioned regimes, and terrorist organizations. The enemies of the United States. I documented it, I escalated it, and when the bank would not act, I took it to the @FBI, the @CIA, and eventually the @SECGov.
The result was a $1.92 billion settlement. At the time, it was one of the largest in American history. It was also about five weeks of the bank’s profit. Not one banker was charged. Not one went to prison.
I paid a different price. I lost my career, my savings, and my place in the industry I had trained for. I was blacklisted. Every door in American finance closed at once. I slept on a camping cot in a 300 square foot apartment because I could not afford a bed, and I waited tables at @PFChangs to eat. I tell you this not for sympathy, but so you understand that I know exactly what it costs to do the right thing in American finance, and exactly how little the system does in return.
I made that sacrifice because I believed it would change something.
Yesterday, your department fined @BankofAmerica $1.2 billion for failing to report more than $5 billion in suspicious transactions, some of it tied by your own findings to Chinese laundering networks, narcotics, and the southwest border, alongside 475 apparent sanctions violations touching Russia, Iran, and global terrorism. The bank admitted it willfully violated the Bank Secrecy Act.
Fourteen years after HSBC. A bank with “America” in its name. And once again, not one individual charged.
Secretary Bessent, I want to say plainly what I believe you already know. The fines are not working.
A fine is paid by shareholders, absorbed by the balance sheet, and forgotten by the next earnings call. Bank of America reported earnings this morning. Nobody who set the alert thresholds, nobody who decided the 2024 cease and desist could wait, nobody who chose the backlog over the law will lose a single thing they value. Their lives are untouched. That is the entire reason the behavior repeats.
This is money laundering. This is blood money. Money that reaches a cartel buys fentanyl that kills Americans. Money that reaches a terrorist organization buys the next attack. This country has fought a war on drugs and a war on terror for decades, at enormous cost in lives and treasure, and all the while we have allowed the financing to flow through institutions we charter and regulate. Cut off the money and we win. We have never seriously tried.
There is also a question of equal justice that I cannot let go.
Before I walked into the FBI building to report HSBC, I stopped in front of the Great Seal on the wall and read the words engraved beneath it: “Justice is the defense of our liberty.” I believed that. I still want to. But every day in this country, people go to prison for crimes that are nothing next to moving money for the people who want Americans dead. A suit, a title, and a corporate badge should not be a shield from the consequences that apply to everyone else. If a street dealer goes to prison for what he sells, the banker who moved the cartel’s money should be standing next to him.
I also want to raise something that is rarely said in these conversations. Why has no one inside Bank of America come forward the way I did? The answer is that everyone in American banking knows what happened to me, and to the whistleblowers who came after. The last person who spoke up is the only policy anyone believes. That is a culture problem, and it starts with leadership, in the banks and in the agencies that regulate them.
This is not a political issue. It has spanned administrations of both parties. It is a national security issue, and I am asking you to treat it as one.
Three things would change the math overnight.
Refer individuals for criminal prosecution. Not the analyst in the queue. The executives who set the thresholds and chose the risk. One banker in handcuffs would do more than every fine in Treasury’s history combined.
End “too big to jail.” An institution cannot be too big to fail and too big to jail at the same time. If it is the first, it must be held to a higher standard, not a lower one.
And if Bank of America will not act as America’s bank, review its charter. A national charter is a privilege granted on behalf of the American people. It should be conditioned on not moving money for the people trying to kill them.
Secretary Bessent, you said yesterday that these actions send a clear message that even the biggest institutions are not above the law. With respect, the institution was never the problem. The people inside it are above the law, and they know it. Until that changes, I will keep writing letters like this one, and the next bank will keep paying the next fine.
I gave up everything I had to stop this. I am asking you to use the power you have to finish it.
Respectfully,
Everett A. Stern
HSBC Whistleblower
Founder and Intelligence Director, Tactical Rabbit
I am so sorry to hear this because Swiss did the exact same to me and nothing from can be done to stop these insane TYRANTS with powers to abuse their positions. They are simply abusing laws to steal from public
I am so sorry to hear this because Swiss did the exact same to me and nothing from can be done to stop these insane TYRANTS with powers to abuse their positions. They are simply abusing laws to steal from public
BREAKING: ENOCH BURKE’S BANK ACCOUNT NOW HAS €0.00 BALANCE AFTER COURTS RAID €40,617.69.
Whatever one thinks of the underlying dispute, the reported seizure of a private bank account, and the stated possibility of pursuing other assets, should concern everyone.
@austin_fit76995 People won't believe but lurking in the background is the Swiss government. The prototype 15 minute smart city IS ZURICH, compliments of Schwab
This is just not true. As soon as I became foreign secretary I asked the security services the same question and they replied that there was no evidence of any successful interference in the 2016 referendum, by Russia or any other power.
Either the security services have changed their view - which would be very odd - or Burnham is lying about what he has been told. After all Starmer was in power for two years and had access to exactly the same information.
https://t.co/rUn9YSZ4wy
@davidicke Join the club David.
In collaboration with the Swiss federal government, the EU have done the exact same to me for, voicing opinion and reporting Swiss fraud. Except mine runs until 2039 and I have that in writing.