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Nicaragua court postpones hearing for American real estate agent accused of money laundering

A Nicaraguan court has again delayed a hearing for American Jason Puracal, who is accused of laundering money for prearranged crime.

The 33-year-old man from Washington State has been locked up since November 11, 2010.

Attorney Fabbrith Gomez, who is representing Puracal, said Saturday that the investigation has been rearrange for June 15 — the third time it has been delayed. Nicaragua’s prosecutor’s office has yet to at hand proof against Puracal, Gomez said.

The Illinois native graduated from the University of Washington and served in the U.S. Peace Corps in Nicaragua in 2002. He is accused of laundering money through his Re/Max worldwide real estate franchise in San Juan del Sur on Nicaragua’s west coast.

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Who owns our brave new world

With no end to lessening prices in the American real estate market, the new turn to the worse in the sovereign thanks of the periphery of the Euro zone, the deep nuclear wearing away of the Japanese and the Chinese price rises spiral fears, the world financial system must be far away from a even growth path, although timid.

The outstanding thing is, however, that around all Atlantic leaders do not refer to the fact that the annihilation, brought about by the last credit melt down in the West, was so gigantic that not even the free printing of new money can bring back growth rates such as during the 2003 – 2007 period, because it was exactly this five year zenith of a credit driven growth boom, which proved that the new global financially viable architecture cannot be support without a social “war” in the major western economies.

It was tens of trillions that the American banks and others lost in the US real estate market, a pattern frequent in Spain, Britain and Ireland, with Greece being an example of an evenly outsized, unlawful, largely corrupted and humiliating financing of the Athens government. Those facts are the basic individuality of the western world’s economic structural design.

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