Kevin Jon Heller
Ah, hypocrisy — thy name is the United States. First up, US anger at Israel for not supporting a lawsuit concerning allegations that the Bank of China laundered money for Hamas and Islamic Jihad:
Israeli Ambassador to the US Michael Oren was called back to Israel to take part in an emergency meeting convened this weekend by Prime Minister Benjamin Netanyahu so that Oren could pass on messages sent by the US administration and Congress in the wake of tensions between the two countries.How dare Israel be so soft on terrorism! How could they think it’s okay not to support “a legal battle against the funding of international terror”?
It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system. They also have not charged any top HSBC banker in the case, though it boggles the mind that a bank could launder money as HSBC did without anyone in a position of authority making culpable decisions.Apparently, only the United States has the right to put its economic interests ahead of the war on terror. Other countries just have to suck it up and do the right thing.
PS. Let’s also not lose sight of the double-standard at work regarding UK/US and Chinese banks. Next time you get angry that China doesn’t meekly accept direction from the State Department – cough, Edward Snowden, cough – you might want to keep that double standard in mind.