Seen on the street in Kyiv.

Words of Advice:

"If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

“The Mob takes the Fifth. If you’re innocent, why are you taking the Fifth Amendment?” -- The TOFF *

"Foreign Relations Boil Down to Two Things: Talking With People or Killing Them." -- Unknown

“Speed is a poor substitute for accuracy.” -- Real, no-shit, fortune from a fortune cookie

"If you believe that you are talking to G-d, you can justify anything.” — my Dad

"Colt .45s; putting bad guys in the ground since 1873." -- Unknown

"Stay Strapped or Get Clapped." -- probably not Mr. Rogers

"The Dildo of Karma rarely comes lubed." -- Unknown

"Eck!" -- George the Cat

* "TOFF" = Treasonous Orange Fat Fuck, A/K/A Dolt-45,
A/K/A Commandante (or Cadet) Bone Spurs,
A/K/A El Caudillo de Mar-a-Lago, A/K/A the Asset., A/K/A P01135809

Friday, November 4, 2011

Would You Ask a Crook About Making Theft Illegal?

But that's pretty much the way things go with the banksters: The people who were at the core of looting the American economy are being allowed to weigh in on the regulations to limit their chances of doing it again.
Months before MF Global teetered on the brink, federal regulators were seeking to rein in the types of risky trades that contributed to the firm’s collapse. But they faced opposition from an influential opponent: Jon S. Corzine, the head of the then little-known brokerage firm.

As a former United States senator and a former governor of New Jersey, as well as the leader of Goldman Sachs in the 1990s, Mr. Corzine carried significant weight in the worlds of Washington and Wall Street. While other financial firms employed teams of lobbyists to fight the new regulation, MF Global’s chief executive in meetings over the last year personally pressed regulators to halt their plans.
Note that Corzine has hired a criminal defense lawyer, which is a pretty good indication that something funky went on.

The government has to stop taking advice from the very crooks who stole billions, if not trillions of dollars from the rest of us.

2 comments:

Unknown said...

The government IS "the very crooks who stole billions, if not trillions of dollars from the rest of us."

We are so afraid to vote out "our" crooks, because heaven only knows what kind of crooks will take their place. As if if could be worse (without causing an armed rebellion, that is.)

Stewart Dean said...

It's worse than that. Legislators have to make the laws and rely on their staffers to draft them. And the staffers Don't Have A Clue. And they have lobbyists breaking down their doors. So the staffers ask the lobbyists (who are right there) what this obscure thing or statute or whatever means or does, and....
I heard an NPR piece on this with actual interviews and it was like hearing a kid get henhouse design tips from a wolverine.
We should be spending as much money on drafting this legislation as is on the other side of the table. Otherwise it's like sending cops with BB guns up against drugs gangs with heavy armament. And it will never happen.