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#121 |
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Illuminator
Join Date: Dec 2001
Location: Twin Cities
Posts: 3,187
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#122 |
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Philosopher
Join Date: Jan 2007
Posts: 6,340
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#123 |
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Philosopher
Join Date: Jan 2007
Posts: 6,340
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#124 |
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Philosopher
Join Date: Jan 2007
Posts: 6,340
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#125 |
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Master Poster
Join Date: Sep 2007
Location: Canada
Posts: 2,008
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#126 |
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Philosopher
Join Date: Jan 2007
Posts: 6,340
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#127 |
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Philosopher
Join Date: Jan 2007
Posts: 6,340
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#128 |
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Master Poster
Join Date: Sep 2007
Location: Canada
Posts: 2,008
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This just in
Day three of our local occupation and, of course, a day three video. Days one and two were pretty much about nothing but today's is all about chemtrails. Crowed has swelled though, we're up into the double digits now So..where are the other 98.9779654 % ? It was a nice day out, saturday to boot. |
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#129 |
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Philosopher
Join Date: Jan 2007
Posts: 6,340
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#130 |
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Muse
Join Date: Jun 2009
Posts: 780
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respect, Taibbi does provide evidence/examples of complicity at the SEC, and explains precisely why bank talent would outclass SEC talent, not to mention those things aren't mutually exclusive so what you meant by "totally changes gears" is a mystery to me.
But whatever, perhaps some further blatant criminality with 0 indictments will change your mind. http://www.bloomberg.com/news/2010-0...-u-s-deal.html http://www.independent.co.uk/news/bu...e-1921918.html http://www.nytimes.com/2006/09/28/business/28bank.html |
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#131 |
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Penguilicious Spodmaster.
Tagger
Join Date: May 2005
Location: Ponylandistan Presidential Palace (above the Spods' stables).
Posts: 28,814
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__________________
Are you an ex-Truther? Please share your story. ~ The Australasian Skeptics Forum. |
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#132 |
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Muse
Join Date: Jun 2009
Posts: 780
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More fraud for you too if you're among the apparent minority who still believes that fraud is a crime:
http://www.bloomberg.com/news/2010-0...y-as-2006.html
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#133 |
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Muse
Join Date: Jun 2009
Posts: 780
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You're thinking of private sector unions.
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#134 |
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Muse
Join Date: Jun 2009
Posts: 780
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Not only perjury, but apparently even getting caught hasn't stopped them:
http://www.reuters.com/article/2011/...76H5XX20110718
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#135 |
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Penultimate Satisfaction
Join Date: Jul 2008
Posts: 43,029
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Thanks - I can see now why you prioritize gossip!
~ ~ ~ ~ ~ ~ 'Occupy Wall Street: No Demand is Big Enough' |
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THE END
of the recession IS NIGH |
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#136 |
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Illuminator
Join Date: Jan 2011
Location: Bohemian Grove
Posts: 3,659
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The only "evidence" he provides are one sided anecdotes, hardly enough to secure a conviction, and considering that he seems to make no attempt at all to get the other sides of these stories, it looks like propaganda.
So the Treasury, FBI, ATF, DEA, European banks and Warren Buffet are also in on the conspiracy? All we need is vague claims of a plot to take over the world and we will be in Alex Jones la la land. You might want to read your articles again, they do mention some cases where charges were brought. But I suspect it is that big shot executives haven't been indicted that has you upset. Fining banks for such actions is one thing, bringing criminal charges against individual employees is much more difficult. To get a conviction, prosecutors would almost certainly have to prove that individuals were knowingly, not unwittingly, involved in money laundering. You might also want to consider that your articles mention changes that banks have made to make it more difficult to launder money through them. |
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#137 |
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Illuminator
Join Date: Jan 2011
Location: Bohemian Grove
Posts: 3,659
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#138 |
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Illuminator
Join Date: Jan 2011
Location: Bohemian Grove
Posts: 3,659
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#139 |
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Penultimate Satisfaction
Join Date: Jul 2008
Posts: 43,029
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__________________
THE END
of the recession IS NIGH |
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#140 |
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Illuminator
Join Date: Jan 2011
Location: Bohemian Grove
Posts: 3,659
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How were they advertised, packaged etc? What are these credit standards on? Lending or investing?
There are a lot of types of mortgages and investments based off of them, as well as differences between lending a person money and investing in an existing loan. It isn't made clear by that article what it means when it says that the mortgages violated the company's internal standards (which would not necessarily be fraud anyway). Are they loans that the company wouldn't have lent out themselves but was willing to invest in, and so on? A lot more information and clarification is needed to accurately comment on that passage in the article. |
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#141 |
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Muse
Join Date: Jun 2009
Posts: 780
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We'd also need you to point out where I said any of that. I don't see what the FBI, ATF, DEA, European Banks, or Warren Buffet have to do with anything. SEC and DOJ seem to be negligent, and perhaps the Treasury has some notion what the banks are/have been doing (being mostly from those same banks).
Here's today's criminal allegation: http://online.wsj.com/article/SB1000...990479090.html
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#142 |
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Graduate Poster
Join Date: Nov 2010
Posts: 1,718
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I don't think there's any particular reason why a government can't be abusive towards its employees. In fact, historically there's a lot of evidence that governments can treat people unfairly.
What do you think the proper recourse is if a government employee is experience unsafe working conditions and his immediate boss and their bosses can't or won't do anything about it? Frankly, the Tea Party allied itself largely with the people/party that supported most of their (anti-government) views. The GOP is even more allied with Wall Street. I agree both OCW and the Tea Party are missing the point regarding what's going on (e.g. unseemly corporate influence on the government). Unfortunately, the current level of outrage being shown isn't far too small to really shake things up. On the other hand, they might get some people they like elected, like the Tea Party. Some good might come out of it, depending on how things go. They do seem unlikely to elect anyone that's going to try to stop the government from doing anything, which is a plus. Tyranny of the majority? Ever heard of it? The current situation in government is actually a good example of how it is NOT easy to fix these things. A corrupt government is hard to influence unless you are one of the corrupting forces. People generally do feel education is in trouble, yet more often than not we get total crap for legislation IF ANYTHING. Unions have a place. Talking without almost anything to back it up? Fund raising? That's it? Pretty weak. Placing blame doesn't stop a problem though. |
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#143 |
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Master Poster
Join Date: Oct 2010
Location: UK
Posts: 2,295
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#144 |
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Graduate Poster
Join Date: Nov 2010
Posts: 1,718
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#145 |
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Master Templar
Join Date: Jun 2006
Location: Australia
Posts: 6,277
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Damn corporations...sitting in their corporation buildings...being all corporationy.
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#146 |
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Graduate Poster
Join Date: Nov 2010
Posts: 1,718
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#147 |
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Penultimate Satisfaction
Join Date: Jul 2008
Posts: 43,029
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'FBI warns of mortgage fraud 'epidemic'' (CNN, September 17, 2004).
'The Two Documents Everyone Should Read to Better Understand the Crisis ', - William K Black, 2009: Control (adjective) fraud: "...the S&P document demonstrates that the investment and commercial banks that purchased nonprime loans, pooled them to create financial derivatives, and sold them to others engaged in the same willful blindness. They did not review samples of loan files because doing so would have exposed the toxic nature of the assets they were buying and selling. The entire business was premised on a massive lie -- that fraudulent, toxic nonprime mortgage loans were virtually risk-free. The lie was so blatant that the banks even pooled loans that were known in the trade as "liar's loans" and obtained AAA ratings despite FBI warnings that mortgage fraud was "epidemic." The supposedly most financially sophisticated entities in the world -- in the core of their expertise, evaluating credit risk -- did not undertake the most basic and essential step to evaluate the most dangerous credit risk. They did not review the loan files. In the short and intermediate-term this optimized their accounting fraud but it was also certain to destroy the corporation if it purchased or retained significant nonprime paper." |
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THE END
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#148 |
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Illuminator
Join Date: Dec 2001
Location: Twin Cities
Posts: 3,187
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#149 |
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Illuminator
Join Date: Dec 2001
Location: Twin Cities
Posts: 3,187
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#150 | |||
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Penultimate Amazing
Join Date: Jun 2003
Posts: 26,285
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For those who didn't get the reference:
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__________________
"As long as it is admitted that the law may be diverted from its true purpose -- that it may violate property instead of protecting it -- then everyone will want to participate in making the law, either to protect himself against plunder or to use it for plunder. Political questions will always be prejudicial, dominant, and all-absorbing. There will be fighting at the door of the Legislative Palace, and the struggle within will be no less furious." - Bastiat, The Law |
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#151 |
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NWO Master Conspirator
Join Date: Mar 2003
Location: Albany Park, Chicago
Posts: 49,457
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Illinois state pensions are $85 billion underfunded right now, and that number is going up. We're already borrowing money to pay current retirees, even after huge tax increases.
The amounts really don't matter. What matters is that workers aren't paying enough to cover the cost, nor is the state. This leaves everyone else to make up the difference. It was the political influence of unions that got the state to make deals they couldn;t keep. They knew it, the unions knew it. But they figure (probably correcty) that it will be Illinois taxpayers paying for their pensions. And frankly, the unions don't give a damn about how many elderly are thrown out of nursing homes to keep their pensions and health care coming, so why should anyone give adamn about them? This is the USA politics section. And damn near every single public pension in the USA is underfunded. They certainly are in Illinois. “A 33 percent daily absentee rate has put the city in the position that it’s making choices between services it need not make. . . . That’s unacceptable to the city,” Emanuel said then. http://www.suntimes.com/news/metro/7...ion-crews.html Here's a link to the Chicago Inspector General's report on garbage collection: http://newsblogs.chicagotribune.com/...on_10.7.08.pdf Sample quote: "...during the entire ten weeks of observations, the investigators did not see a single laborer doing a full day's work". What are you talking about? They're not saving money, they're sucking us dry. I know of no health care plan except for state employees who are 100% covered from the day they retire until the day they die. We pay them to work 20 years, then they retire early and collect pensions and health care benefits for the next 30-40 years. Oh, and if they suck up to their boss or political patron maybe they get a fat raise the last week on the job, then guess what happens... their pension is based on the pay from that last raise! Never mind that they made no pension contributions based on that last raise. I think we have 3 retired state workers for every one working. Private sector pensions! Those went out with the dinosaurs, and for good reason. Pensions require predicting the future, and as it turns out people can't actually do that. The private sector switched to defined contribution plans many years ago, pensions are almost entirely creatures of government employees now. And the unions are only too happy to contribute to that corruption. |
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#152 |
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Illuminator
Join Date: Jun 2007
Posts: 3,786
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Well it sure as hell isn't these protests. Quite honestly they seem to think that implementing a form of government even more horrible than the one we have no seems to be a good idea. In another forum I basically said that a lot of these policies are really dumb and seem to be an indication of what is generally wrong with direct democracies.
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__________________
It's amazing how many of these "paranormal" icons seem to merge together. There always seem to be theories about how they link together in some way. I'm sure someone has a very good explanation as to how Bigfoot killed JFK to help cover Roswell.-Mark Mekes This isn't rocket surgery.-Bill Nye |
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#153 |
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Master Poster
Join Date: Sep 2007
Location: Canada
Posts: 2,008
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#154 |
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Penultimate Satisfaction
Join Date: Jul 2008
Posts: 43,029
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__________________
THE END
of the recession IS NIGH |
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#155 |
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Graduate Poster
Join Date: Nov 2010
Posts: 1,718
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#156 |
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Master Poster
Join Date: Sep 2007
Location: Canada
Posts: 2,008
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Yes, I understand it can be challenging and inconvenient to act at the grassroots level and reject corporate produced goods on principal. It's way easier to consume and complain.
As a member of the "99%" whose had his voice usurped by these activists I feel it's my duty to point out their inconsistencies and aid them in their quest from the bondage of corporate consumerism. need I mention that this whole thing started with Ad-busters, those very same people who sponsor buy nothing day. Until OWS can actually figure out a demand ( might I suggest advocating for national health care plan in the U.S ? ) absolutely everything is on the table so far. Of course, this is all part of their marketing plan, this mysterious one demand. Come one come all and bring your favourite issues. It's all about the numbers. Have they even made up 1% of the population yet? I guess we'll see on the 15th. |
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#157 |
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Penultimate Satisfaction
Join Date: Jul 2008
Posts: 43,029
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How, exactly, have they "usurped" your voice? Were you planning to go and sleep in a park or on the sidewalk?
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Ending the corruption of the political system by corporate money is one of the primary ones. |
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THE END
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#158 |
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Salted Sith Cynic
Join Date: Aug 2006
Location: Rat cheer
Posts: 34,378
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__________________
Helicopters don't so much fly as beat the air into submission. "Jesus wept, but did He laugh?"--F.H. Buckley____"There is one thing that was too great for God to show us when He walked upon our earth ... His mirth." --Chesterton__"If the barbarian in us is excised, so is our humanity."--D'rok__ "I only use my gun whenever kindness fails."-- Robert Earl Keen__"Sturgeon spares none.". -- The Marquis |
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#159 |
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Salted Sith Cynic
Join Date: Aug 2006
Location: Rat cheer
Posts: 34,378
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__________________
Helicopters don't so much fly as beat the air into submission. "Jesus wept, but did He laugh?"--F.H. Buckley____"There is one thing that was too great for God to show us when He walked upon our earth ... His mirth." --Chesterton__"If the barbarian in us is excised, so is our humanity."--D'rok__ "I only use my gun whenever kindness fails."-- Robert Earl Keen__"Sturgeon spares none.". -- The Marquis |
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#160 |
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Graduate Poster
Join Date: Nov 2010
Posts: 1,718
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Wow...bunch of strawman arguments there. Maybe you should start your own group so your complaints will work. While I am sure some protesters dislike all corporations, most of the complaints seem to be regarding how corporations get bailed out and a lot of favoritism from the government while the average person is passed over.
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