Wednesday, August 29, 2012

Surprise! Wall Street Banksters Won't be Prosecuted

The Federal government will not be prosecuting the Golden Sacks.

 It’s no surprise. Their latest escapade was nothing compared to the Great Treasury Robbery of 2008, when Goldman sleeper mole Dirty Hank Paulson infiltrated the highest echelons of government and unlocked the treasury so his Wall Street cronies could loot it of trillions in broad daylight. It was a brazen and brilliant heist, carried out in front of TV cameras complete with the President of the United States telling us it was for our own good.

The MF’ers at MF Global, including the Chief MF’er, Democrat Jon Corzine, also will not be prosecuted.

In our pay to play government, it pays to be politically well-connected, and paying bribes, er… campaign contributions to the crooked bastards holding the reins of power doesn’t hurt either.

Jon Corzine was a big bundler for the Obama campaign back in 2008, so that gives him immunity, and the Golden Sacks at Goldman Sachs have acquired the US Treasury in a friendly takeover:
In 2008, Goldman Sachs employees were among Barack Obama’s top campaign contributors, giving a combined $1,013,091. Eric Holder’s former law firm, Covington & Burling, also counts Goldman Sachs as one of its clients. Furthermore, in April 2011, when the Senate Permanent Subcommittee on Investigations issued a scathing report detailing Goldman’s suspicious Abacus deal, several Goldman executives and their families began flooding Obama campaign coffers with donations, some giving the maximum $35,800. (Daily Beast)
And those naive lefties thought Wall Street corruption was the exclusive domain of Republicans. Silly rabbits, tricks are for all politicians.

But never fear, Peter Schweitzer tells us that Heinrich Holder’s Ministry of inJustice has been busy chasing down financial malefactors:
$ “Three Connecticut Women Charged with Overseeing ‘Gifting Tables’ Pyramid Scheme.” Three women in their 50s and 60s were indicted for conspiracy, tax, and wire-fraud charges.
$ The owner of a Miami company got 46 months in prison for creating fake loan applications.
$ In March, 2012, the DOJ sent a property appraiser in Washington, D.C., to the slammer for 65 months for fraudulently inflated prices in a scheme to “flip” properties. The scheme was a small-time $1 million operation, a sharp contrast with the billions on Wall Street.
Source: Why Goldman Sachs and Other Wall Street Crooks are not being Prosecuted

Feel safer now?

36 comments:

Z said...

Wall St Corruption the domain of the Right?...that's as misinformed as REPUBLICANS ARE RICHER THAN DEMOCRATS....or DEMOCRATS CARE MORE BECAUSE THEY GIVE MORE IN CHARITY. Wrong, and wrong again..but an effective lie by the left/media.
My cousin owns a very well known and busy head hunting firm (she's on FOX Business from time to time)...and she says most of the very big Wall St guys are quite far leftists: a well kept secret, isn't it?
She actually begrudingly and surprisingly respects a lot of the biggies at Goldman Sachs ..."Very smart", etc.,

Peter Schweitzer is excellent.

Ducky's here said...

We need a Rethug administration. Remember when they got tough on Martha Stewart?

That's the kind of tough justice we need.

Sam Huntington said...

Law and order exist for the purpose of establishing justice and when they fail in this purpose they become the dangerously structured dams that block the flow of social progress. —Martin Luther King

Paulson belongs in jail, along with little Timothy Geithner, Eric Holder, and Barack Obama. This will never happen, of course. This tells us that there are consequences to electing unqualified people to high office.

Thersites said...

One more reason to own "physical" gold...

conservativesonfire said...

Kurt, you and your readers might enjoy this video on cronyism.

http://www.youtube.com/watch?v=2aO9tA5DWJM&feature=player_embedded

Rational Nation USA said...

One more reaon to vote Gary Johnson.

Ducky's here said...

Yeah, Gary has the juice to get Wall St. in line.

Please, just shoot me now.

Thersites said...

You mean Obama HAS the juice?

Bore me later, duckman.

Darth Bacon said...

Neither will the wall st occupier ass-holes. Oh right their excuse is that they are Obama dummies

Ducky's here said...

No, the point is Farmer that they are in complete control.

What puts me in hysterics are people who think Romney's going to cut off the free chips at the casino.

Thersites said...

Today it's ALL a question of dealing the chips to the LEFT or to the RIGHT sides of the table, duckman. And it ain't gonna change so long as we keep pointing our fingers at one another INSTEAD of pointing them at the croupiers in DC.

Chateau Robert said...

No matter how you look at it we have a president who is a socialist and who is bent forever on the defeat of capitalism. And that is the bottom line. The only job he really cares about is his own. Lets just hope that the beginning of the end of the Obama Presidency has begun. And let the good times roll.

Ducky's here said...

The table is round, Farmer.

When we learn that we may get somewhere.

Rational Nation USA said...

Many have rectangular tables Duckey...

FreeThinke said...

Ugh!

I'd have dropped dead from shock if it had been any other way.

Democrats routinely commit "murder" and walk away Scot Free.

A Republican has the unmitigated gall to hold a door open for a woman, then ads insult to injury by telling her she's pretty, and by the time the enemedia is finished with it, he'll be tried as a serial sexual harasser, and possible rapist, then tarred, feathered and ridden out of Washington on a rail -- by his OWN pusillanimous party.

The Evil Party v. The Stupid Party over and over and over and over and over and over again.

98ZJUSMC said...

Rational Nation USA said...
One more reaon to vote Gary Johnson.

8/29/12 8:49 AM


As if throwing it away, isn't enough.

viburnum said...

Gee. The Feds are selectively enforcing laws? What a surprise!

Hugh Farnham said...

Now you know who really runs governments. A study was done recently that showed basically 60 families owned the majority of the world's corporate assets - and have an estimated 60 trillion in holdings.

With money like that, you are completely above the law. You can create any laws you desire or flaunt existing ones.

Silver, don't stop with Goldman Sachs. They are but the latest host for this organism.

Right now they are keeping up the illusion of democracy and representative government - but it will not always be so. I am reminded of a Frank Zappa quote:

"The illusion of freedom [in America] will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater."

Thersites said...

The head table may be round, duckman, but you and I will never being sitting at it. Circles are "heavenly"... squares, "earthly".

Rational Nation USA said...

@ Hugh Farnham, Indeed, the rule of the monied oligarchy.

Incredibly frightening, very real, reality.

Ducky's here said...

Freethinker, today's word is , hyperbole , boys and girls.

Finntann said...

@One more reason to own "physical" gold...

Yeah, I hear it tastes pretty good mixed in with some cinnamon schnapps.

Gold is a vanity metal. Lead however, is a much better investment ;)

More on topic though... it's not republicans vs democrats it is politicians vs the people. You can't give either party a pass, and until we realize that, nothing is going to change.

Thersites said...

Gold is a vanity metal...

What are shares of GM?

worthless paper, that's what.

Rational Nation USA said...

Finntann, well said.

Hugh Farnham said...

I've broken down my investments according to three scenarios: 1) the economy improves or 2) A depression or 3) It all goes Mad Max sideways.

With that in mind I've invested in some cutting edge technology stocks, some precious metals, and the baser metal favored by Finntann.

Oddly, my investment in metals and 2nd Amendment items has doubled in value. Or looked at another way, has kept pace with the real rate of inflation (~11% every year) since 2007. This is in contrast to the "official" rate of inflation of 2 - 3% per year, a bald-faced lie.

Silverfiddle said...

@ Finntann:

@One more reason to own "physical" gold...

Yeah, I hear it tastes pretty good mixed in with some cinnamon schnapps.


Are you thinking of Goldschlager? Scott and I wasted a whole bottle at his house after work years ago watching a Nine Inch Nails concert on his big screen tv.

His well-endowed girlfriend had to take me home...

Ducky's here said...

I think Matt Taibbi hits it on the screws in his latest Rolling Stone article. However, I wonder if Obama has any will not to cash in also.

---
Obama ran on "change" in 2008, but Mitt Romney represents a far more real and seismic shift in the American landscape. Romney is the frontman and apostle of an economic revolution, in which transactions are manufactured instead of products, wealth is generated without accompanying prosperity, and Cayman Islands partnerships are lovingly erected and nurtured while American communities fall apart. The entire purpose of the business model that Romney helped pioneer is to move money into the archipelago from the places outside it, using massive amounts of taxpayer-subsidized debt to enrich a handful of billionaires. It's a vision of society that's crazy, vicious and almost unbelievably selfish, yet it's running for president, and it has a chance of winning. Perhaps that change is coming whether we like it or not. Perhaps Mitt Romney is the best man to manage the transition. But it seems a little early to vote for that kind of wholesale surrender.

Rational Nation USA said...

Ducky, part truth, part hyperbole, part duck poop.

Finntann said...

Worthless paper or worthless metal, no difference.

Mind you, I'm not saying it isn't a hedge against inflation in a functional society, just that if the proverbial poo ever hits the proverbial fan it won't be worth any more than GM stock.

And yes SF, I was referring to Goldschlager.

Cheers!

Jersey McJones said...

Here's a simple way of looking at this election with two conservative (non-political, scientific meaning of the word):

A: Romney wins.

The House will remain GOP, but the Senate is likely to stay Democratic. He would not be able to deliver on most of his promises if any. Debt has to be paid, and that debt is bread and butter for Romney and the upper class GOP, so the impetus is to maintain the status quo.

So, things don't change very much, but they may get a little worse as severe legislative log-jams stall any action, regardless of responsibility or necessity.

Things get a little worse.

B: Obama wins. He keeps the Senate. The House remains GOP, but with some gain in the Senate. The ACA kicks in and a fight stars between the states as the federal government demands they do something to make this happen.

The money is there. The "cuts" to Medicare from "Obamacare" are only reductions in payments to insurance companies and "healthcare systems" (they used to call them "hospitals"), to force them to be as cost efficient as Medicare fee-for-service.

These cuts pay for the Medicaid expansion (re: giveaway), and closing the Donut Hole in Medicare Part D, created by the last bunch of Republicans you guys were silly enough to vote for.

It's a good-enough bill. It's not perfect to the left or moderates, but it's not nearly as imposing and dangerous as you guys make it out to be.

So, even on just that level alone, I can't see voting for Romney, whoever you are and whatever you believe. If you want your country to realistically be a better place, or at least as "better" as possible, then vote for Obama. Otherwise, years of gridlock while all Obama's policies continue, but without any competent care at all.

Think about it.

JMJ

Silverfiddle said...

Quite a fantasy you've spun there, Jersey.

You've studied the propaganda well. Now, show us where it's worked like that in the past.

Thersites said...

t if the proverbial poo ever hits the proverbial fan it won't be worth any more than GM stock.

There's a reason why it's been the "exchange standard" for over three thousand years... and that reason isn't going to disappear in the next three thousand.

Worthless as paper? You'd better be holding at least 10%.

Thersites said...

...and I think that Jersey is precisely right. Not much is going to change REGARDLESS of who wins. The Democrats aren't going to play Romney's game. And with huge budget cuts, but no "entitlement" changes, the economy is going into the tank. And four years from now, the country will still be in the midst of a depression... and the Democrats will be smiling and saying... "Yep! Told ya!"

...and the country will either listen to them, like they did in '32. Or worse, they'll double down on Romney, cut corporate taxes and start a global corporate buy-in program that puts every American worker on an hourly salary... and make every American worker a corporate wage slave, with no chance of EVER starting his own business.

Thersites said...

...but then, warnings about the dangers of "corporatism" (Struldbrugs)have been around since BEFORE the founding... but no one reads warnings carefully anymore. Not even from their own countrymen.

Thersites said...

Oooops. Wrong chapter (above).

Thersites said...

I find Swift's "conclusion" extremely prophetic...

I could not but agree, that the laws of this kingdom relative to the STRULDBRUGS were founded upon the strongest reasons, and such as any other country would be under the necessity of enacting, in the like circumstances. Otherwise, as avarice is the necessary consequence of old age, those immortals would in time become proprietors of the whole nation, and engross the civil power, which, for want of abilities to manage, must end in the ruin of the public.