Maybe somebody can help me out here.
I just read some posts on an adoption board that I frequent, and have a question.
The post was about gathering enough new $100 dollar bills to pay an international adoption donation. From the writing I assume these donations have to be made in cash. Specifically new bills.
Now, correct me if I’m wrong, but we are basically talking about money laundering here, aren’t we?
Obtaining thousands of dollars in new US currency and turning it over to an eninity in another country. One would think if everything was on the up and up a simple wire transfer would suffice.
Two problems here.
First, it was indicated that neighborhood banks don’t have a problem requesting these new $100 dollar bills from the Federal Reserve Banks. While it seems that the amounts requested fall just under the $10,000 mark. $10,000 being the amount at, and in excess of, that all cash transactions must be reported to the IRS. Wouldn’t it flag something within the Federal Reserve System? Terrorists and drug dealers love great big wads of cash. Where is homeland security in all of this?
I assume some of this money is being pulled from IRAs, 401ks, CDs, and federally insured savings accounts. Are they told to do this slowly, over a period of months? Exactly how is obtaining all this cash presented to these people? Are they told how closely they are skirting the bounds of legality?
Secondly, do they even wonder why it has to be cash? I would. International electronic transfer is much easier than obtaining that kind of cash. I cannot see how one wouldn’t be left to assume that this money will not be used for less than good. As I said, drug dealers and hitmen don’t take checks either.
Do they ever actually think about where this money really goes. There is no doubt that they are feeding the underground economy. The money is pretty much untraceable. One would think that an orphanage with rich Americans adopting right and left would have no problem accounting for a large amount of donations. If not, one could easily assume the money is going elsewhere. Where would be anyone’s guess, but I think I can put forward a few possibilities.
The first would be simply to line the pockets of all the people that took part in the facilitation of the adoption, everybody from the children’s caretakers to the bigwigs in the charities and government. Graft usually gets spread around, a little here, alittle there, keeps the wheels moving smoothly.
Reinvestment also comes to mind. Everybody knows that if you’ve got a good thing going, you have to keep it going. Somebody has to keep finding those abandoned babies, and a little incentive never hurts.
Protection. There has to be a reason that rich Americans can go into what they describe as a living hell that children must be saved from without a scratch. And trust me, it ain’t always the good hearts of the friendly natives.
Women, Booze, and Dope. Kind of just goes with protection eventually doesn’t it?
And also there is always the possibility of supporting factions that would seek to end the very system that is being taken advantage of. Money knows no loyalty.
This leads me to think that the money spent rescuing one child could surely contribute to the reasons why that child needed rescued.