Showing posts with label corruption. Show all posts
Showing posts with label corruption. Show all posts

Tuesday, December 23, 2008

Why Did Madoff and Family Feel So Safe?

He obviously knew he did something wrong, and his family was obviously in it up to their eyeballs. What made them think they were covered to remain in the US, indefinitely? Surely, people of such means could have fled prosecution with much wealth in various accounts. It's not like nobody knows how to disappear anymore and people don't have emergency plans? I guess a Wall Street hedge fund manager has more DC friends on the payroll.

How could SEC Chairman Chris Cox just miss the two largest finacial scams in world history, mortgage derivatives scam and Madoff. He didn't. That's the answer. It makes much more sense that Cox and other "regulators" were in on it and think they have enough cover and protection not to get caught up in it. Nobody's that incompetent and naive at that level of politics.

Sunday, December 21, 2008

US Government; Negative Similarities to the British of Revolutionary War Era

It's easy enough to trace the endless fees, taxes, surcharges, doubletalk and degradation of individual rights, all supposedly for the public good. Every oppressive government has always claimed to represent the public good and a kind god. What reveals the truth or lie of that claim is how many citizens are in prison or prosecuted by government, and for what charge. A felony conviction is extremely easy to experience in the current US system of injustice. That should tell us something. It does.

Saturday, December 20, 2008

Unequal Protection Under the Law

A prostitute in the US is treated like human garbage by police and the courts. Even the legal prostitutes in Nevada are looked upon by many as less than human and persecuted due to the nature of their business, which happens to be an unconstitutional application of religion in government policy. A biker, especially with club patches, is branded by police as a criminal and perhaps a even collector of kiddie porn.

I'll go back to my original litmus test for who's a problem for society and who isn't. I've never had a prostitute cause me a problem. They're in the people business and always have a smile and a kind word for a stranger. I've never had a biker, even one who may fit the profile of a 1%er ask for anything but to be left alone...fair enough. I'd have to go as far as saying that the authentic bikers are by far, by far, the most responsible motor vehicle operators on the roads. I'm not talking about the dangerous kids on sport bikes, buzzing in and out of traffic at 15+ over the speed limit. They're nuts and trouble waiting to happen. I don't consider them true motorcyclists, just kids with too much time and money on their hands...and underdeveloped brains.

On the other hand, various police officers stare me down daily and extend a constant shove. Politicians treat me little better than they treat prostitutes.

Bernard Madoff Belongs in Jail

The man who ran a $50 billion fraud is still not in jail awaiting trial? The US system of government is behaving more like a third world dictatorship, with various degrees of justice, based on how much money and how many political connections one may have. Get caught growing a pot plant, one goes to jail and possibly gets raped or stabbed while there. Get caught running a $50 billion fraud and be rewarded with a gentle touch and all of the comforts of home. This man belongs in jail, now.

Paulson Wants Remaining Bailout Funds; $350 Billion

Big surprise!!! Secretary of Treasury Henry Paulson wants the rest of the bailout funds. Although, he flat refuses to consider the concerns of his constituency, Eric Cantor and others should not dole out any more funds to this potentially corrupt administration. At the very least, the current administration is the most blundering and incompetent White House administration in the nation's history. A team of sixth graders could do a better job. Enough!! Let BushCo wither away into its legacy as the most failed US presidency in history.

Saturday, December 13, 2008

America 2008

Odd how I write an article about some issue digging into my side and a news event follows to completely validates what I wrote. I had one kid email me and call me "nuts" about nationalizing US banks. It now looks as if that may be the only means of surviving the economic mess. The latest development is a corrupt Wall Street and Bernard Madoff, no need to for CNBC to pretend like he's an exception, anyone who pays attention knows better.

So, now it's getting in the open just how corrupt it all is, the Iraq War and everything. Madoff was no unknown guy or a fluke. This guy was deeply entrenched in the system and a former Nasdaq stock chairman. He knows there's not but so much they can do to an old man. I say go after the sons. There's no way his scheme was htat big and that didn't ahve a professional concern about what was going on. I think it's time for that revolution we've all been talking about for 20 years.

Tuesday, December 9, 2008

Illinois Governor AND His Chief of Staff Indicted; Big Time

Check out the CNBC article for details. This is exactly what I was writing about in a recent article. Our society rejects the biker who loves the open road or the brothel worker making a living, but society praises these scrubbed-downed, staged productions that represent "normalcy", which are the first guys to trust the least. At least the people on the street are for real, and not posers.

Charges are conspiracy to commit mail and wire fraud and solicitation of bribery. That's serious stuff. They must have gotten greedy and asked for too much so the other crooked bastards of US "normalcy" decided to prosecute them. I wonder who gets the final bribe for Obama's seat?

Tuesday, November 25, 2008

Wall Street; Is the Fix In?

No one else seemed to know about the Citigroup bailout, except for Saudi Prince Alwaleed bin Talal. He did pretty well on that deal. The rest of us can't retire until we are 103, but Bush and the GOP make sure the barons of oil are protected.

Saturday, November 22, 2008

Big Surprise; Drug War Law Enforcement Official Bribed

It's hard to believe. Those nice men dressed in suits and uniforms, saying they are doing all they can while drug crime runs rampant, may be taking bribes from gangs and criminals. Each time we are told how it's important to stay the course of the insane War on Drugs, we should ask ourselves how much those proponents are getting paid by the folks they are supposed to be arresting. End the drug war, mandatory sentencing, and asset forfeiture...now. We're about to find out how much change Obama actually believes in. If there are as many non-violent guys rotting in jail or losing their property in 4 years, Obama will mark himself as just another one of those guys in a suit...which I suspect will happen.

Funny thing, not once have I ever had an "outlaw" biker threaten me, my loved ones or my future. The US Congress, lawyers and cops are the guys who refuse to leave anyone alone. Who should we be more afraid of and concerned about? My money's on guys like this...Rusty Keeble and Mark Bridgeman.

Saturday, November 15, 2008

The Article About Wall Street Everyone Needs to Read

Michael Lewis The End of Wall Street's Boom. I'll say it once more, "Somebody needs to go to jail for this financial disaster." Actually, many people should go to jail. Those congressmen on those finance committees, like Barney Frank, don't know about this? Yeah, right.