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|User Info||One Dollar Of Capital - A Definition And Challenge; entered at 2012-07-28 14:33:37|
Registered: 2009-02-17 Hyper-Speculative Psycho-Facsistic Parabolic Blow-Off
Karl Denninger wrote..
We impose the following standards on all institutions:
Karl Denninger wrote..
Because we cannot trust the government nor can we seem to prosecute government agencies and individuals successfully when their malfeasance results in the loss of customer funds, FDIC insurance must be maintained.
WHO is 'We' and; how will these standards be imposed IF the Government and the Bureaucrats cannot be trusted, controlled, restrained or punished?
The problem IS NOT one of Regulatory Statutes: it IS a problem of Regulatory Capture and Corruption.
Citi-Group and Travellers were merged with the 'approval of Regulators' despite clear -absolutely 100% clear- legal prohibition to that merger.
-The Legal Prohibition DID NOT Matter!
-Laws and Rules DO NOT matter and WILL NOT be adhered to.
-There are no Structures in place to allow the Citizenry to directly challenge the activity of Government Bureaucrats.
-The Courts DO NOT Function.
-Separation Of Powers My Ass: the Courts AUTOMATICALLY side with the Government which gives them 'Legitimacy' in the first place.
-It's NOT an Unconstitutional Mandate: It's a TAX for NOT COMPLYING with an Unconstitutional Mandate!
-The Dept. of Justice does not function.
-Voter Fraud? Gun Running? Money Laundering ( at the Banks! )?
-Congress DOES NOT function.
Dept. Ceiling? Pass the Bill to find out what is in it?
Promoting ANY Regulatory Regime WITHOUT True and Actionable provisions for Punishing Regulatory Inactivity and/or Collusion is -forgive Me- IDIOCY or INSANITY; -and will achieve NOTHING.
ONE DOLLAR OF CAPITAL WILL NOT AND CANNOT WORK WITHOUT A SERIOUS *NO JOKE* 100% REAL AND ENFORCEABLE DEATH PENALTY TO THOSE PERSONS THAT WOULD HAVE ANY PART AS A BUSINESS PERSON OR REGULATOR/BUREAUCRAT IN VIOLATING THE LAW.
ONE DOLLAR OF CAPITAL *MUST* BE ACCOMPANIED WITH ONE LENGTH OF HANGIN' ROPE TO BE EFFECTIVE AND USEFUL.
NOTHING whatsoever will be solved without merciless violent punishment of so much as attempts at Bureaucratic Exception and Regulatory Inactivity.
Last modified: 2012-07-28 15:15:24 by throxxofvron