Comment Re:as opposed to the 300 trillion (Score 1) 205
but they give the US their cut so it is OK. I work in various countries and have had to get used to the simple fact that money laundering just means not giving a cut to the US. I can shift as much money as I like from any country to any country without question as long as I pay 6% but if I take too much of my hard eant money in cash from one country to another I am called a money launderer. All the guff about criminals is just guff. Criminals can use any system, but good people and bad people want to save money by using the best and the cheapest. Liberty Reserve was cheaper because it was not paying the US and that is what this is about. There is more crime going on on Paypal but they pay the US their cut. People like HSBC are helping corrupt governments to shift their money but the US gets its cut so that is OK.