The Market Ticker
Commentary on The Capital Markets- Category [Corruption]

Get you one and have it running.

It's not just for the amusement value when someone does something stupid within eyesight while you're driving.  It's also for times like this, and for those who continue to claim this is an "aberration", uh, nope.

Firing or suspension does nothing to address this problem and neither do lawsuits since they are paid by the taxpayers.  This sort of conduct is criminal extortion at gunpoint -- literally -- and until every single officer that does something like this spends hard time in prison as would apply to any other person extorting someone at gunpoint this will not change.

If LEO's want respect for themselves and the law, and if Congress wants and expects the citizens to have respect for the law then the prosecutions for felony extortion must come hard, fast and now.

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Oh c'mon Janet.

“It is unfortunate that I need to underscore this, but we expect the firms we oversee to follow the law and to operate in an ethical manner,” Ms. Yellen said in remarks prepared for delivery to the Citizens Budget Commission in New York on Tuesday night. “Too often in recent years, bankers at large institutions have not done so, sometimes brazenly.”

So let me see.

The Fed is supposed to regulate banks doing business in the United States.

The Fed admits that institutions have not only failed to follow the law but have broken the law in a brazen manner.

Yet.... there have been no criminal penalties.  There have been no revoked charters.  There have been zero real enforcement actions that have provided any sort of meaningful deterrent effect; fines have been tiny in terms of market cap and worse, fines levied against the firm simply get pushed off on shareholders or customers -- they do not hit the executives responsible.

So tell me this -- if a regulator refuses to regulate what is the purpose of said regulator, and why shouldn't said regulator be charged criminally as an accessory before and after the fact, tried and imprisoned?

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Sure.

Corruption and intentional, malicious abuse of the law "rarely" happens.

So we're told.  There are a "few" bad apples that are "routinely" outed and gotten rid of among the justice system.

Horse****.

The investigation, launched after the August shooting of Michael Brown, an unarmed black teenager, found that the department violated the Fourth Amendment in instances such as making traffic stops without reasonable suspicion and making arrests without probable cause.

The report provides direct evidence of racial bias among police officers and court workers, and details a criminal justice system that through the issuance of petty citations for infractions such as walking in the middle of the street, prioritizes generating revenue from fines over public safety.

Then, when you can't pay, those "cases" that were trumped up and not predicated on probable cause or suspicion are then escalated into criminal violations, turning what is a routine traffic ticket into a jail stay and permanent criminal record.

Also, African-American drivers were more than twice as likely to be searched during a traffic stop than white drivers, but that those black drivers were 26 percent less likely to be found to be holding contraband.

In other words they searched black people not because they were more-often in possession of contraband (that is, the suspicion objectively was reasonable, in that it led to the find of something unlawful) but rather because they were black.

When you are detained without cause it is not a detainment or arrest; it is kidnapping under the actual black-letter definition of the law, and when such is used to require you to pay money that is extortion.

Both are serious felonies carrying heavy prison terms.

Unless this is corrected, and not just prospectively but with those who have committed these offenses being tried, convicted and sentenced to prison, there is no rule of law remaining in this nation or any reason (other than fear of being shot) to abide the so-called "law" at all, since in reality it does not exist and the persons charged with enforcement of same are nothing other than gun-toting, felony-committing thugs.

If you think "I'm white, therefore it doesn't matter since it won't happen to me", you're flat-out wrong and might up dead wrong.  The fact of the matter is that this sort of rampant lawlessness and refusal to follow both the Constitution and Law are utterly common among law-enforcement and the covering up of such lawless behavior is damn near universal, which is itself a further felony.

The odds of this some day being turned on you might be small, but it certainly isn't zero and if you do not act now to stop it if and when it is turned against you it will be too late.

smiley

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This was posted a while ago but it deserves a read -- and listen.

WASHINGTON — The F.B.I. director, James B. Comey, delivered an unusually candid speech on Thursday about the difficult relationship between the police and African-Americans, saying that officers who work in neighborhoods where blacks commit crimes at a high rate develop a cynicism that shades their attitudes about race.

Maybe.

Or maybe it's not just black people and cops.

Maybe it's the environment cops operate in today, where they can violate people's rights with impunity, even to the point of planting evidence on them and bragging about it on the Internet without going to prison.

“I have a method for getting people off the street that should not be there. Mouthy drivers, street lawyers, *******s and just anyone else trying to make my job difficult. Under my floor mat, I keep a small plastic dime baggie with Cocaine in residue. Since it’s just residue, if it is ever found during a search of my car like during an inspection, it’s easy enough to explain. It must have stuck to my foot while walking through San Castle. Anyways, no one’s going to question an empty baggie. The residue is the key because you can fully charge some ******* with possession of cocaine, heroin, or whatever just with the residue. How to get it done? “I asked Mr. DOE for his identification. And he pulled out his wallet, I observed a small plastic baggie fall out of his pocket…” You get the idea. easy, right? Best part is, those baggies can be found lots of places so you can always be ready. Don’t forget to wipe the baggie on the person’s skin after you arrest them because you want their DNA on the bag if they say you planted it or fight it in court.”

How is this guy still on the street?  If you think this is a "unique" or "uncommon" thing, no, it's not.  This very cop later admits it happens (probably) every day and that planting evidence and lying is "just part of the game."

What's even better is that this same cop claims the Sheriff supports this behavior and has for his entire career.

Just the other day I pointed out another, similar case -- this time in Louisiana, with quite-clear involvement of many law enforcement officers and attorneys.

Oh, and if you're a cop and try to put a stop to it?  You're threatened with "going home in a casket."

We can't have a civil society with this sort of thing going on anywhere in the country.  I don't care what your political leanings might be this sort of crap is straight out of Nazi Germany and everyone aware of or protecting it deserves to stand trial.

Wake up America -- before the next time you do it's behind bars or worse, you don't wake up at all.

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This article is mis-titled.

TALLAHASSEE — The case against Tadrae McKenzie looked like an easy win for prosecutors. He and two buddies robbed a small-time pot dealer of $130 worth of weed using BB guns. Under Florida law, that was robbery with a deadly weapon, with a sentence of at least four years in prison.

But before trial, his defense team detected investigators’ use of a secret surveillance tool, one that raises significant privacy concerns. In an unprecedented move, a state judge ordered the police to show the device — a cell-tower simulator sometimes called a StingRay — to the attorneys.

Rather than show the equipment, the state offered McKenzie a plea bargain.

The article goes on to talk about a "confidentiality agreement" between the FBI and local authorities with relationship to this gear and how it works.  However, that article misses the point.

In the United States, along with most other nations, you must be licensed to emit RF (radio) energy in most cases.  There are specific exemptions for certain bands within certain requirements, which is why you can buy a WiFi "hotspot" over the counter and use it without a license, along with your computer that talks to it.

Your cellphone has to be tested and approved to comply with the limits of radio emissions, including personal safety limits.  Modifying that device, as it operates on a licensed band, is explicitly illegal.  Likewise, the cell tower transmitter must be and is licensed to the carrier, who has specific authorization to use the frequency bands they are using -- and in fact they paid for access to those bands.

A government agency is not immune from these requirements and as such operation of such a "StingRay" device by a federal, state or local law enforcement agency without said license or the explicit permission and involvement of the license-holder, including verification of its operation within legal limits regarding power level, splatter and interference with others is explicitly illegal.

We must not permit this sort of lawless behavior by so-called "law enforcement"; it makes a mockery of their oath to uphold the law and in fact renders them criminals on their own!  As such their remit to allegedly "enforce the law" evaporates the minute such an intentional act takes place.

When will you wake up, America, and demand that this crap stop?

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