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| Eric Holder's Misdirection: He's No Prosecutor in forum [Market-Ticker]
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Glasshammer
Posts: 260
Incept: 2009-09-02
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"I'm proud that these men along with more than 450 others convicted of corporate and securities fraud in 2009, have been taken out of the game."
^Its like watching a professional fisherman bragg about the number of minnows caught in 2009.
How about an honest response of:
"We caught the crooks that were not politically connected enough to offer much resistance."
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Larsenebezzle
Posts: 746
Incept: 2009-05-05
Land of Oz
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The Marc Rich pardon and Holder's central role in that scandal clearly prove that he will never prosecute the politically connected banksters. This bastard is as corrupt as they come.
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I am heavily positioned in lead and lead delivery systems.
"Running's not a plan! Running's what you do, once a plan fails!" Earl Bassett
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Karlmarxghost
Posts: 4148
Incept: 2009-01-26
I'm Your Huckleberry
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Quote:
But you, and the administration before you, have and continue to willfully ignore the biggest scammers and fraud artists in this entire mess.
I'll be impressed when I see you doing perp walks by the hundreds on Broad and Wall Streets - and not before.
Picture this scenario. A cop walks up to a local store and out front is a guy smoking a joint. The cop walks up to the guy and starts kicking the **** out of him and arrests him in front of everyone in the parking lot to make them feel safe and secure. Meanwhile if the cop would of looked in the big window he would of seen a robber with a gun to the clerks head. Who cares though because we got the guy who smokes the joints off the streets. What is the difference between this scenario and what is going on now? Nothing.
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My views are my view and mine alone. Karl or ticker forum does not endorse or necessarily agree with my views. DO not trade on my views or take them personally.
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Markytom
Posts: 272
Incept: 2009-02-19
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Skybluepink
Posts: 381
Incept: 2007-10-20
RI
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They are a protected class - too big to jail.
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Shoobedoowa
Posts: 1632
Incept: 2007-06-27
Thailand
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I think it important to note that the only reason that Madoff was nailed, was that Madoff took the initiative and turned himself in.
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Mortgageguymn
Posts: 1566
Incept: 2009-03-09
North Coast
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I'd be satisfied if Holder prosecued just one person - the one who, as NY Fed President, told AIG to withhold information in contravention of law.
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Kylafoon
Posts: 2458
Incept: 2009-02-05
Zombie Portal Lookout
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This guy makes a very good case for being long precious metals brass and lead..
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"...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910
"I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works." - Alan Greenspan, October 2008
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Asimov
Posts: 104007
Incept: 2007-08-26
East Tennessee Eastern Time
Online
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Quote:What is the difference between this scenario and what is going on now? Nothing. You can't explain the fraud in the economy in a soundbite like you can the robbery of the store. Willful ignorance being encouraged by the government and media. From kindergarten through college and afterward, the dumbing down of our population is so malicious it can't be anything but purposeful.
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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
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Nuke_engineer
Posts: 2698
Incept: 2007-08-19
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Maybe we need Holder to investigate the discrepancy between the BEA numbers and the sales/income tax numbers as a case of fraud!
This charade will continue as long as the US government doesn't force accountability to its bureaucrats, although I'm now convinced that the new executive branch is now complicit in the government information fraud.
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Trading and investing is understanding about people, emotions and corruption of government, corporations, banks and people using propaganda, lies, mathematics and bankster logic working against you.
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Nuke_engineer
Posts: 2698
Incept: 2007-08-19
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Shoobedoowa, You said: Quote:I think it important to note that the only reason that Madoff was nailed, was that Madoff took the initiative and turned himself in. I believe that the only reason he turned himself was because he feared for his life and that of his family.[/Q]
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Trading and investing is understanding about people, emotions and corruption of government, corporations, banks and people using propaganda, lies, mathematics and bankster logic working against you.
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Bagbalm
Posts: 4258
Incept: 2009-03-19
Just North of Detroit
Online
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The King can do no wrong.
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Bustedbuck69
Posts: 479
Incept: 2009-11-10
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Snippet from justice.gov: Quote:2010 BUDGET SUMMARY
The 2010 Budget addresses the President’s and Attorney General’s key priorities, including protecting our national
security and reinvigorating the Department of Justice’s traditional missions like fighting crime, protecting our
marketplace, enforcing our civil rights laws, and preserving our environment. The Budget provides critical funding for
the Department’s national security and intelligence programs, as well as resources for the Federal Bureau of
Investigation (FBI), federal prosecutors, civil litigators, and bankruptcy attorneys to prevent, investigate, and
prosecute mortgage fraud and other
economic crimes. The Budget also funds
efforts to combat the Mexican drug cartels
and safeguard the Southwest Border, ensure
that prison and detention programs are
adequately funded and re-entry programs are
developed, and expand the Community
Oriented Policing Services (COPS) hiring
program.--- This on a fiscal 2010 DOJ budget of $25.849 billion budget. From Glass: Quote:---^Its like watching a professional fisherman bragg about the number of minnows caught in 2009. ROTFLMAO. Who were these 450 folks?  $7 trillion gone, caught 450, on an 09 fiscal budget of $25.732 billion. http://www.justice.gov/jmd/2010summary/p....
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"---the politicians---they think the laws of mathematics are suggestions." K. Denninger
"The greatest shortcoming of the human race is our inability to understand exponential function." Al Bartlett
Reason: typo
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Iou
Posts: 1025
Incept: 2009-03-16
The Twilight Zone
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Just more cooked government statistics. The 450 number includes jaywalking fines.
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"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frédéric Bastiat
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Ruffcut
Posts: 2903
Incept: 2007-07-07
Mushagain
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I am surprised you found where this ultimate pussy, actually made a statement. Also surprised, tiger woodie didn't find and pop this pussy, either. Maybe Eric is his middle name, and his first name is dick.
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Support locally, and **** off globally!
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Musashi
Posts: 3835
Incept: 2007-11-06
Behind the Irony Curtain
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Quote:I think it important to note that the only reason that Madoff was nailed, was that Madoff took the initiative and turned himself in. IMO Madoff was nailed and forced to turn himself in because he stole from his own people, and for as long as the returns were there they all knew he was dealing with an ace up the sleeve. Holder is much worse then "no prosecutor". he is "selective prosecutor". |
Steelhead23
Posts: 2042
Incept: 2008-09-09
Portland OR
Online
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The problem with the big dogs in the financial Ponzi is that the U.S. Government both aided and abetted their behavior from around 1980 on. Financial Ponzi created the illusion of well-being and it is that illusion TPTB have been hawking for the past 30 years - and the American People have been buying. Exactly who should we put in jail? Besides, was AIG actually committing fraud when they sold naked CDSs to anyone with a pulse and some cash. And for the banks that actually held the junk CDOs, wasn't that a legitimate reserve as long as they backed it up with one of the aforementioned CDSs? That is - who knew? And oh yes, can you prove it? Don't misunderstand me - I think some of these dudes (Mozillo, Cassano) are world-class criminals and should be prosecuted but the real culprit was the somethin fer nothin atmosphere that led people to believe that there was no risk in using other people's money to get rich. That is, the problem is a moral one, not a criminal one. On the other hand, sticking a few of these guys in the slam would do a great deal to dispel this myth.
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"Give me control of a nation's money and I care not who makes it's laws" —Mayer Amschel Bauer Rothschild Benjamin Bernanke
For-profit commercial banks are a menace and should be eradicated
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