Thursday, 9 June 2011

do not compute. will not accept robo signings. must destroy

[humpty dumpty bankster mortgages- 4closurefraud.org]

I know that the robot image is one that at once brings laughter
and yet fear of a future out of control.
Robo signings of mortgage loans is one thing that caused fear.
Investment banks cut up loans into thousands of pieces
to sell them as (fraudulent) AAA derivatives
and now they can't put the pieces back together to foreclose on the fools
who got stuck with mortgages they couldn't pay,
because the bankers f%&8cked up the rest of the economy.

So, the banksters got teams of people to (robo-) sign fictitious names
on fraudulent mortgage documents.
The whole MERS system meant free homes for lots of people.

BUTT, it looked as if the rest of the US
bureaucracy was turning a blind eye.
No more, folks.
One jurisdiction's registry started the cavalcade
by not accepting obviously fake mortgage documents
[the robots are taking over!]

watch out for those librarians and file clerks.
seething anarchists!

[ED209 vs Robosigners]

-Costick67 ~(8^P
checkitout:
REJECTED | Massachusetts Register of Deeds John O’Brien is First in the Nation to Say NO to Recording Robo-signed Documents
Submitted by 4closureFraud on 06/07/2011 13:48 -0400
http://theheartofamerica.files.wordpress.com/2011/03/rejected.gif
Robo-signed documents rejected by John O’Brien following 60 Minutes show featuring Lynn Szymoniak
Massachusetts Register of Deeds John O’Brien is rejecting foreclosure documents signed by known robo-signers.
O’Brien is one of a handful of officials nationwide who began pulling court documents following a 60 Minutes story on foreclosure fraud that featured a Palm Beach County homeowner.
On Tuesday, Obrien said he rejected two robo-signed documents submitted to his registry for recording and plans to continue doing so.
Some quotes from the press release...
“the buck stops here”
“My Registry will not be a knowing participant in this fraud against homeowners. From today forward, lenders be on notice, the Southern Essex District Registry of Deeds will not record robo-signed documents.”
“I find this practice very troubling on many levels. It has completely jaded my understanding that a notarized document was something that could be relied upon.”
“If these documents are signed by anyone other than the noted signatories, these notaries and those that employed them should be held accountable for the fraudulent documents that they have produced and the havoc they have caused to chains of title everywhere.”
“Knowing what I now know, it would be a dereliction of my duties as the keeper of the records to record these documents and any other documents that contain questionable signatures. To do so, would make me a willing participant in a continuing scheme which has corrupted the chain of title of thousands of Essex County property owners. I have decided to put a stop to this reckless behavior and hold these lenders and their agents accountable for the authenticity of what they are attempting to record in my Registry. I do not believe this to be unreasonable.”
“Now that Register Thigpen has joined with me, I am hopeful that my other colleagues around the country will also take the same action. I strongly believe that this will send a message, loud and clear, that we as Registers and Recorders of Deeds, whose responsibility it is to protect the integrity of the land recordation system, will not be a party to any fraudulent scheme that may damage individual’s property rights”
Jeff Thigpen joins O’Brien’s effort saying...
“The basic question here is whether we as Recorders are going to sit on our hands, in the face of what appears to be clear fraud or are we going to stand up for 400 years of integrity in land records? John is on the right side of this question and these are reasonable actions that he is taking.”

Wednesday, 8 June 2011

what's up doc? you want my chequebook?


two very different health stories from the US.
I don't know why so many Americans in power think that health = business.

Vermont has a bit of Canada rub off on them. We're just over the border.
Great skiing there. Now you can break your leg without breaking the bank.

1 Man dies of health insurance
2 Vermont starts single-payer public health care

the Onion
Man Succumbs To 7-Year Battle With Health Insurance

September 22, 2008 | ISSUE 44•39

DENVER—After years of battling crippling premiums and agonizing deductibles, local resident Michael Haige finally succumbed this week to the health insurance policy that had ravaged his adult life.
Haige, who had suffered from limited medical coverage for nearly a decade, passed away early Monday morning. According to sources, the 46-year-old was laid to rest at Fairplains cemetery, surrounded by friends, family members, and more than $300,000 of mounting debt.

"I miss Michael every single day, but at least he can finally rest now," said Sheila Haige, who watched as insurance rates ate away at her husband over time. "What Michael went through, the humiliating forms, the invasive background checks, the complete loss of dignity and hope—I wouldn't wish that kind of torture on anyone."

Once a healthy and happy father of two, Haige saw his life forever change seven years ago when health insurance professionals diagnosed him with a preexisting condition. As months passed and his line of credit continued to deteriorate, the former high school football coach would experience excruciating headaches and bouts of nausea every time another hospital bill arrived.

"My dad always seemed invincible, like there was nothing in the world that could hurt him," son Ryan Haige said. "But then, one night, I found him bent over a stack of UB-92 and HCFA forms, and he was crying. I'd never seen my father look so scared in all my life."....
http://www.theonion.com/articles/man-succumbs-to-7year-battle-with-health-insurance,2536/?utm_source=related
2 the Guardian
Single payer healthcare: Vermont's gentle revolution

The green mountain state was the first to ban slavery, in 1777. Now, it's the first to pioneer a truly public healthcare system
o Amy Goodman
o guardian.co.uk, Wednesday 25 May 2011 13.00 BST

Vermont is a land of proud firsts. This small New England state was the first to join the 13 colonies. Its constitution was the first to ban slavery. It was the first to establish the right to free education for all – public education.

This week, Vermont will boast another first: the first state in the nation to offer single payer healthcare, which eliminates the costly insurance companies that many believe are the root cause of our spiralling healthcare costs. In a single payer system, both private and public healthcare providers are allowed to operate, as they always have. But instead of the patient or the patient's private health insurance company paying the bill, the state does. It's basically Medicare for all – just lower the age of eligibility to the day you're born. The state, buying these healthcare services for the entire population, can negotiate favourable rates, and can eliminate the massive overhead that the for-profit insurers impose.

Vermont hired Harvard economist William Hsiao to come up with three alternatives to the current system. The single payer system, Hsiao wrote, "will produce savings of 24.3% of total health expenditure between 2015 and 2024". An analysis by Don McCanne, MD, of Physicians for a National Health Programme pointed out that:

"[T]hese plans would cover everyone without any increase in spending since the single payer efficiencies would be enough to pay for those currently uninsured or underinsured. So this is the really good news – single payer works."

Vermont Governor Peter Shumlin explained to me his intention to sign the bill into law:

"Here's our challenge. Our premiums go up 10, 15, 20% a year. This is true in the rest of the country as well. They are killing small business. They're killing middle-class Americans, who have been kicked in the teeth over the last several years. What our plan will do is create a single pool, get the insurance company profits, the pharmaceutical company profits, the other folks that are mining the system to make a lot of money on the backs of our illnesses, and ensure that we're using those dollars to make Vermonters healthy."..... ...


Tuesday, 7 June 2011

what looks like a suicidal deathwish

may turn out to be an invasion.


fracking
banking
natural disasters, flooding, drought

That Canada is looking mighty good

Plans are already afoot for a North American Union between Mexico, Canada and the Yanks.
That's like the UK is a union, owned by the English. This one will be owned by the US, but Canada's resources, especially water and clean, and now warm lands will be taken to feed the US it's burgers and fries. That's it. Canada will disappear.

Since a straight up vote in Canada will be rejected, they'll have to trick Canadians. Here's how it will happen. coming soon



Kids in Canada are already revolting. This Senate page (kid who runs around doing stuff)
showed a sign saying Stop Harper (the Prime Minister) in the Senate chamber.
I think it was because she got laid off.
She speaks out, in the Toronto Star, below

checkitout:
Why I did it: Senate page explains her throne speech protest
Published On Wed Jun 08 2011

Senate page Brigette DePape, holding a sign reading "Stop Harper," is led from the Senate chamber during the reading of the throne speech last week. (June 3, 2011)

by: Brigette DePape

I am moved by the excitement and energy with which people from all walks of life across this country greeted my action in the Senate.

One person alone cannot accomplish much, but they must at least do what they can. So I held out my “Stop Harper” sign during the throne speech because I felt I had a responsibility to use my position to oppose a government whose values go against the majority of Canadians.

The thousands of positive comments shared online, the printing of “Stop Harper” buttons and stickers and lawn signs, and the many calls for further action convinced me that this is not merely a country of people dissatisfied with Prime Minister Stephen Harper’s vision for Canada.

It is a country of people burning with desire for change.

If I was able to do what I did, I know that there are thousands of others capable of equal, or far more courageous, acts.

I think those who reacted with excitement realize that politics should not be left to the politicians, and that democracy is not just about marking a ballot every few years. It is about ensuring, with daily engagement and resistance, that the vision we have for our society is reflected in the decision-making of our government.

Our views are not represented by our political system. How else could we have a government that 60 per cent of the people voted against? A broken system is what has left us with a Conservative government ready to spend billions on fighter jets we don’t need, to pollute the environment we want protected, to degrade a health-care system we want improved, and to cut social programs and public sector jobs we value. As a page, I witnessed one irresponsible bill after another pass through the Senate, and wanted to scream “Stop.”

Such a system leads us to feel isolated, powerless and hopeless — thousands of Canadians made that clear in their responses to my action. We need a reminder that there are alternatives. We need a reminder that we have both the capacity to create change, and an obligation to. If my action has been that reminder, it was a success.

Media and politicians have argued that I tarnished the throne speech, a solemn Canadian tradition. I now believe more in another tradition — the tradition of ordinary people in this country fighting to create a more just and sustainable world, using peaceful direct action and civil disobedience.

On occasion, that tradition has found an inspiring home within Parliament: In 1970, for instance, a group of young women chained themselves to the parliamentary gallery seats to protest the Canadian law that criminalized abortion. Their action won national attention, and helped propel a movement that eventually achieved abortion’s legalization.

Was such an action “appropriate”? Not in the conventional sense. But those women were driven by insights known to every social movement in history: that the ending of injustices or the winning of human rights are never gifts from rulers or from parliaments, but the fruit of struggle and of people power in the streets.

Actions like these provide the answer to the Harper government. When Harper tries to push through policies and legislation that hurt our communities and country, we all need to find our inner activist, and flow into the streets. And what is a stop sign after all, but a nod to the symbol of the street where a people amassed can put the brakes on the Harper government?

I’ve been inspired by Canadians taking action, and inspired too by my peers rising up in North Africa and the Middle East. I am honoured to have since received a message from young activists there, saying that we need not just an Arab spring but a “world spring,” using people power to combat whatever ills exists in each country.

I have been inspired most of all by Asmaa Mahfouz, the 26-year-old woman who issued a video calling for Egyptians to join her in Tahrir Square. People did, and they together made the Egyptian revolution. Her words will always stay with me: “As long as you say there is no hope, then there will be no hope, but if you go and take a stand, then there will be hope.”

Brigette DePape is a recent graduate of the University of Ottawa. She has started a fund to support peaceful direct action and civil disobedience against the Harper agenda: www.stopharperfund.ca

Fathers of some Nations beget fascists

Thomas Jefferson and Joseph Stalin
among the Fathers of their nations
freedom of speech vs communist autocracy
What message did they leave for the eons?

Which country is now the king of authoritarianism?
Russia or the US?

which country allows police to break into your home for any reason?
which country has wire tapping without a warrant?
which country uses tazers on cripples?
which country tries to use muscle to limit free speech? well, maybe both of them

which country will not allow anyone to dance at the Jefferson memorial in Washington?
this the same Jefferson who was instrumental in creating
all the rights of free speech and expression that the US
trumpets as their gifts to democracy.





-Costick67 ~(8^P

Monday, 6 June 2011

green shoots of green energy

[notice Godzilla in the background. Es divertido. No?]
[2 days of safety? that's a stretch]

I was dreaming that this would be the end result of the Fukushima Fuk-up.

Germany is going to kill of its nuclear power rigs.

Japan is going to swerve away from nuclear into green tech.

In essence, you have a massive ongoing nuclear catastrophe in N.Japan
that will not end for decades. It's burning out of control and that's one
crowded island. How much nuke juice can they withstand?

Chernobyl was a big disaster but since it happened in the woods of Ukraine,
nobody could relate it to their own lives. Now, with the Net
and all the business connections with Japan,
and all the horror stories we've been hearing, we know that
nuke bosses are bastards
who don't care and who will go bankrupt
leaving the people with a toxic plant and no viable solution.
It could happen to any of us.
So, now people are waking up and saying
"enough bullshit, already"

If you're having doubts about the severity of the disaster, read below.

checkitout:

Are Nuclear Chain Reactions Still Occurring at Fukushima?
Submitted by George Washington on 06/04/2011 20:33 -0400
You know that Fukushima reactors 1, 2 and 3 all melted down within hours of the Japanese earthquake.
You also know that at least some of the subsequent explosions could have been caused by small-scale nuclear reactions called "prompt moderated criticalities".
But you might not know that nuclear reactions may still be ongoing.
Specifically, it is well-known by nuclear scientists that the ratio of iodine 131 to cesium 137 tells a lot about when nuclear reactions have stopped. For example, on May 2nd, University of Tokyo physics professor Tetsuo Matsui published a scientific paper with the following summary:
We calculate the relative abundance of the radioactive isotopes Iodine-131 and Cesium-137 produced by nuclear fission in reactors and compare it with data taken at the troubled Fukushima Dai-ichi nuclear power plant. The ratio of radioactivities of these two isotopes can be used to obtain information about when the nuclear reactions terminated.
Technology Review summarizes Professor Matsui's findings as follows:
Nuclear reactors produce radioactive by-products that decay at different rates. One common by-product is iodine-131 which has a half life of about 8 days while another is cesium-137 with a half life of about 30 years.
When a reactor switches off, the iodine decays more quickly so the ratio between these two isotopes changes rapidly over a period of days. That's why measuring this ratio is a good way to work out when the nuclear reactions terminated.
There are some complicating factors, however. The most important of these is that the ratio of iodine-131 and cesium-137 to start with depends on how long the reactor has been operating and so is not constant.
Today, Tetsuo Matsui at the University of Tokyo, says the limited data from Fukushima indicates that nuclear chain reactions must have reignited at Fuksuhima up to 12 days after the accident.
Matsui says the evidence comes from measurements of the ratio of cesium-137 and iodine-131 at several points around the facility and in the seawater nearby. He has calculated what the starting ratio must have been by assuming the reactors had been operating for between 7 and 12 months.
The data from the drain near reactor 2 and from the cooling pond at reactor 4, where spent fuel rods are stored, indicate that the reactions must have been burning much later.
"The data of the water samples from the unit-4 cooling pool and from the sub-drain near the unit-2 reactor show anomaly which may indicate, if they are correct, that some of these fission products were produced by chain nuclear reactions reignited after the earthquake," he says.
These chain reactions must have occurred a significant time after the accident. "It would be di?cult to understand the observed anomaly near the unit-2 reactor without assuming that a signi?cant amount of ?ssion products were produced at least 10 - 15 days after X-day," says Matsui.
So things in reactor 2 must have been extremely dangerous right up to the end of March.
As Time Magazine blogger Eben Harrell pointed out on March 30th:
The IAEA has said that the Fukushima nuclear power plant may have achieved re-criticality. “There is no final assessment,” IAEA nuclear safety director Denis Flory said at a press conference on Wednesday, according to Bloomberg News. “This may happen locally and possibly increase the releases.”
On April 18th, nuclear expert Arnie Gundersen said that iodine 131 readings indicated ongoing nuclear reactions.
Indeed, Gundersen says today:
Unit 3 may not have melted through and that means that some of the fuel certainly is lying on the bottom, but it may not have melted through and some of the fuel may still look like fuel, although it is certainly brittle. And it's possible that when the fuel is in that configuration that you can get a re-criticality. It's also possible in any of the fuel pools, one, two, three, and four pools, that you could get a criticality, as well. So there’s been frequent enough high iodine indications to lead me to believe that either one of the four fuel pools or the Unit 3 reactor is in fact, every once in a while starting itself up and then it gets to a point where it gets so hot that it shuts itself down and it kind of cycles.
Similarly, a Daily Kos writer points out today:
Radiation levels in water inside the silt fence near reactor 2 are high and rising, despite large amounts of dilution. Continued very high levels of Iodine 131 with a half life of 8 days are very hard to explain for a reactor that has been "shut down". Normally Iodine levels would drop several orders of magnitude below cesium activity levels over the sixty day period shown in the graph, but instead they continue to track each other. The level of 10,000 Bq/liter I-131 is very problematic. It is much higher than would be expected for a reactor in cold shut down for 2 1/2 months.
letter
by Tunga
on Sat, 06/04/2011 - 22:08
Once a nuclear pile runs away there is no reason it will stop. Cherynoble is still melting it's sarcophagus.
Unit 3 is cool because it's entire contents are lying on the ground around the plant.
It's very simple. In order to get hydrogen gas you must have melting. If you have melting there is no way to cool the pile because all the water you dump on it turns to steam before it gets anywhere close to the fuel.
This is a crime against humanity. The liars should either come clean with the truth or face extermination.

the fightin Irish


they can dish it out and they can take a bankruptcy, if they have to.
So, let's get it over with, is the message from the Emerald Isle.

but, what if they fall from grace with God? it's just banksters



checkitout: from Independent.ie
We will default, so let's get on with it

But it's not all bad -- a top financier thinks Ireland's glass is half full and our bank debts will be shared, writes Daniel McConnell
By Daniel McConnell

Sunday June 05 2011

Ireland will default, when it does happen we should not do it alone but with Greece and Portugal; we should consider leaving Europe given how badly they treat us; we need to take a scalpel to our public sector and Ireland will take five to seven years from now to recover.

Those are the views of Larry McDonald, former Lehman Brothers vice president turned international best-selling author, who was in Dublin last week speaking at the Irish Funds Industry Association.

McDonald was, until September 2008, vice president of distressed debt and convertible securities trading at Lehman Brothers. He was heralded by many colleagues at Lehman for both his early 2006 call on the subprime crisis and the $46m in trading profits realised from it.

I sat down with him on Friday afternoon last in the heart of the IFSC to discuss his take on Ireland's future. And while his stark outlook may shock many, his candid, no-nonsense pronouncements are exactly what we need to see more of from our Taoiseach Enda Kenny and his government ministers.

A respected commentator internationally, McDonald, who predicted the sub-prime crisis in the US, had just come from a meeting with Central Bank Governor Patrick Honohan, who he described as "quite the poker player," when we met.

I began by asking him the biggest question. Will Ireland default or not? He was unequivocal in his answer.

"When you look at the way the bonds are trading, there will be haircuts [debt write downs], absolutely."

"These haircuts, which are called forbearance, is essentially extending the maturity. It's a technical default, but it's not a hard default."

.....

Sunday, 5 June 2011

it's pretty lonely trying to save the world


As we all know, the US banks are the alpha and omega of corruption,
and the lack of laws and oversight have made it worse.
Blame Reagan, Bush, Clinton, Bush, and Obama.

Unfortunately for the corrupt Congress, a few brave soldiers
have decided to guard the fort to keep Beelzebub at bay. [fools!]
They did the obvious stuff: make a law to return to Glass-Steagall
which kept the stock market banks separate from the savings banks.
Reasonable. stop the cheating. stop the bailouts

14 people, out of 200
supported this law, all Democrats

checkitout: Karl Denninger
Ignore this thread
Glass-Steagall: Where Are The Tea Partiers And Republicans?

Gee, Marcy Kaptur introduces this, and where are the sponsors?
Roscoe Bartlett [R-MD6]
John Conyers [D-MI14]
Danny Davis [D-IL7]
Marcia Fudge [D-OH11]
Jesse Jackson [D-IL2]
Walter Jones [R-NC3]
James McDermott [D-WA7]
James Moran [D-VA8]
Kurt Schrader [D-OR5]
Louise Slaughter [D-NY28]
Edolphus Towns [D-NY10]
Maxine Waters [D-CA35]
Lynn Woolsey [D-CA6]

Where's Ron Paul in this list? Bachmann? Anyone with an "R" after their name?

What does this bill do? Put Glass-Steagall back in force. That's all. The text is refreshingly short and not difficult to understand at all.

To repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called "Glass-Steagall Act", and for other purposes.

The text begins with:

(a) Wall Between Commercial Banks and Securities Activities Reestablished- Section 18 of the Federal Deposit Insurance Act (12 U.S.C. 1828), as amended by section 615(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, is amended by adding at the end the following new subsection:

You keep hearing about how the "Tea Party" is about fiscal responsibility and capitalism. Well, if so, where's their support of this? Why isn't this bill on the floor right now, being debated and passed with broad, near-unanimous bipartisan support?


anthropogenic global warming gets a new name

You know how we had, at one time, this idyllic little planet
in the Milky Way galaxy.
We basically took over as the big animal on campus
and have since totally trashed the place, like drunk
college kids on initiation.

To congratulate ourselves, we have thought of a new name for our period.
candidates:
Oops, I blew up another nuke plant period
the Gulf of Mexico is clean period
Anthropo- obscene -behaviour period
Anthropocene period
and the winner is...
what's my cene?
the Anthropocene

Let's celebrate with some Toxicity & cute lewdness:


checkitout:
Geologists press for recognition of Earth-changing 'human epoch'

Experts want the human imprint in the geological record to be acknowledged as a new epoch, the Anthropocene
* Gaia Vince
* guardian.co.uk, Friday 3 June 2011 16.22 BST

Mushroom cloud over Bikini Atoll from a nuclear test [get your own picture]
Our footprint could be visible as radioactive material from bomb tests like those at Bikini Atoll in the 1950s, increased CO2 and mass extinction. Photograph: Corbis

These are epoch-making times. Literally. There is now "compelling evidence", according to an influential group of geologists, that humans have had such an impact on the planet that we are entering a new phase of geological time: the Anthropocene.

Millions of years from now, they say, alien geologists would be able to make out a human-influenced stripe in the accumulated layers of rock, [it's called pollution- Costick67] in the same way that we can see the imprint of dinosaurs in the Jurassic, or the explosion of life that marks the Cambrian. Now the scientists are pushing for the new epoch to be officially recognised.

"We don't know what is going to happen in the Anthropocene," says geographer Professor Erle Ellis of the University of Maryland. "But we need to think differently and globally, to take ownership of the planet."

hey all you anarchists and communists

You'll be happy to know that it was modern capitalism that killed itself off.
You can't take credit, you armchair politicians.
While you were hiding in your cafes and your underground pubs, the world
went and changed.
Now we're headed into worse territory.

We are now in a new period where the bankers rule the planet,
and governments do their bidding.
what Max Keiser calls the Casino Gullag
[essential reading for the casino]

The casino is for the big boys, and the gullag is for the rest of us.

rigged markets are the norm.
the US stock market has rising values
and yet low volume of trades.
Meaning?= robo trades and fake trades
to make fees for bankers.
Even if we have money, we can't get savings interest
because the rates are set low for the banks (free money).
Companies can't get loans, so no good jobs.

Watch it and weep.

J.S. Kim On the Edge with M Keiser


One happy note. JS says that when the middle class becomes part of the
poverty class
then it's revolution time.
Until then, the anarchists and communists can go back to dreaming
about utopia.

checkitout: 2 things
1
techcrunch
Why The Groupon IPO Feels Like A Swindle
Tweet- Erick Schonfeld
12 hours ago
Erick Schonfeld@erickschonfeld
Erick Schonfeld
The reason the Groupon IPO feels like a swindle is because profits are nowhere in sight and founders are saying trust us while they pocket $

2 zerohedge
There's Your Problem Right There ... Insider Trading Rules Don’t Apply To Congress
Submitted by George Washington on 06/03/2011 19:40 -0400
Well, there's your problem right there ...
I've repeatedly pointed out that Wall Street executives are incentivized to lie, cheat and steal. So - of course - they will continue to lie, cheat and steal.
I've repeatedly noted that Wall Street owns the politicians:
* Lobbyists from the financial industry have paid hundreds of millions to Congress and the Obama administration. They have bought virtually all of the key congress members and senators on committees overseeing finances and banking. The Congress people who receive the most money from lobbyists are the most opposed to regulation. See this, this, this, this, this, this, and this.
* Obama received more donations from Goldman Sachs and the rest of the financial industry than almost anyone else
* Summers and the rest of Obama's economic team have made many millions - even in the first few months of being appointed, or right beforehand - from the financial industry
* Two powerful congressmen said that banks run Congress
* Two leading IMF officials, the former Vice President of the Dallas Federal Reserve, and the the head of the Federal Reserve Bank of Kansas City have all said that the United States is controlled by an oligarchy
The chairman of the Department of Economics at George Mason University (Donald J. Boudreaux) says that it is inaccurate to call politicians prostitutes. Specifically, he says that they are more correct to call them "pimps", since they are pimping out the American people to the financial giants:
Real whores, after all, personally supply the services their customers seek. Prostitutes do not steal; their customers pay them voluntarily. And their customers pay only with money belonging to these customers.
In contrast, members of Congress routinely truck and barter with other people's property...
Members of Congress are less like whores than they are like pimps for persons unwillingly conscripted to perform unpleasant services.
Politicians force taxpayers to pony it up -- just as the services rendered for a pimp's customers are rendered not by that pimp personally, but by the ladies under his charge. The pimp pockets the bulk of each payment; he's pleased with the transaction. His customer gets serviced well in return; he's pleased with the transaction. The only loser is the prostitute forced to share her precious assets with strangers whom she doesn't particularly care for and who care nothing for her.
Also like the ladies under pimps' power, taxpayers who resist being exploited risk serious consequences to their persons and pocketbooks. Uncle Sam doesn't treat kindly taxpayers who try to avoid the obligations that he assigns to them. Government is a great deal more powerful, and often nastier, than is the typical taxpayer. Practically speaking, the taxpayer has little choice but to perform as government demands.
So to call politicians "whores" is to unduly insult women who either choose or who are forced into the profession of prostitution. These women aggress against no one; like all other respectable human beings, they do their best to get by as well as they can without violating other people's rights.
The real villains in the prostitution arena are those pimps who coerce women into satisfying the lusts of strangers. Such pimps pocket most of the gains earned by the toil and risks involuntarily imposed upon the prostitutes they control. No one thinks this arrangement is fair or justified. No one gives pimps the title of "Honorable." Decent people don't care what pimps think or suppose that pimps have any special insights into what is good or bad for the women under their command. Decent people don't pretend that pimps act chiefly for the benefit of their prostitutes. Decent people believe that pimps should be in prison.
Yet Americans continue to imagine that the typical representative or senator is an upstanding citizen, a human being worthy of being feted and listened to as if he or she possesses some unusually high moral or intellectual stature.
It's closer to the truth to see politicians as pimps who force ordinary men and women to pony up freedoms and assets for the benefit of clients we call "special-interest groups."
But it's not only that the politicos have been bought and paid for. They - like Wall Street titans - are incentivized to lie, cheat and steal.
Specifically, Congress members and Senators can trade on inside information.
As Forbes' blogger Kyle Smith notes:
One thing you can do as a member [of the House or Senate] is study pending legislation and regulatory changes, call up your broker and instruct him to trade on that nonpublic information. Do this as often as you want; you will suffer no penalty. There is no limit to how much money you can earn on insider trading in the House or Senate. Lawmakers and their staffers are specifically exempted.
...
Last week a study of some 16,000 stock transactions carried out by House members was published in the journal Business and Politics. This detailed analysis showed that the investment portfolios of House members beat the market by about six points a year. (Democrats did especially well, outperforming by some nine points a year, while Republicans topped the average investor by only two percent annually.) Senators apparently do even better: “their portfolios show some of the highest excess returns ever recorded over a long period of time, significantly outperforming even hedge fund managers,” noted the journal, citing a previously published study.

Friday, 3 June 2011

you blinked first

Ya, well, you poked me in the eyes, you sh*t!

Well, the cowboy of Greece, Papandreou has made the bankers blink.
It's not a win, mind you, because he could still get lynched by his own 'people'.
In fact, the grand plan is for his conservative rival to take over and continue
the rape-and-pillage plan of the great overlords, the MoD (Masters of Debt).
The bankers blinked because if they hadn't helped now,
Greece wiould've defaulted, bankrupting the big Euro banks.

The only reason that Greece can now breathe a little bit is that
Germany has "seen the wisdom."
The wisdom they 'seen' is

their banks are over-leveraged and have no money
to cushion against a loss, like from a Greek haircut
[Greek haircut]
so, if Germany squeezes Greece,
Greece defaults,
German banks go bankrupt.

So, everybody gets to play 'kick the can down the road',
until the next crisis.
see ya in Dublin.
soon

In fact, if you look at my 'feckless Greeks' article below
You'll see that the banks still have
licence to kill , with derivatives, CDOs, CDSs
all that toxic sh*t
so that they can make a cushion for that next crisis.
Which crisis?
the one the banks are causing to sovereign nations,
by f^%&*king around on the markets.

I love circular logic.