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Conflicted Interest

I'm sure I'Ie missed a few.It's getting more difficult by the day to keep track of which Democrats are involved with exactly what corrupt and/or ethically challenged activities.

Rep. Maxine Waters (D-CA) and her husband own as much as $500,000 in stock of the troubled OneUnited Bank. In a direct conflict-of-interest, she intervened with regulators on behalf of the bank. Ed Morrissey asks the rhetorical question: "Did Americans go deep into debt to send bailout money to politically-connected banks and to prop up the investment portfolios of elected officials? Apparently, yes we did."

Rep. Barney Frank (D-MA) engaged in a relationship with a Fannie Mae executive while supposedly overseeing the GSE. Fannie's meltdown -- amid repeated financial scandals and Frank's fierce fight to shield them from regulators -- played a critical role in the financial crisis.

Sen. Christopher Dodd (D-CT), the powerful Chairman of the Senate Banking Committee, threatened filibuster after filibuster over additional regulation of the mortgage market while accepting funds and sweetheart mortgages from the very organizations he was supposed to be regulating. In fact, Dodd has yet to disclose the nature of his personal loan deals, despite having promised to do so months ago.

Rep. Charlie Rangel (D-NY), the Chairman of the House Ways and Means Committee, appears to be the subject of 32 simultaneous ethics issues or investigations including 28 mysterious asset transfers (prohibited by House rules); undisclosed income from his Costa Rican rental property; multiple violations of New York City rent control statutes; killing a tax increase that would have hurt a contributor; and more.

Rep. Alan Mollohan (D-WV), dubbed "the overnight millionaire," is in the news again. He received his nickname because in 2000 Mollohan had no portfolio to speak of while making less than $80K a year. By 2004, he reported having at least $6.3 million in assets that generated income of somewhere around $700K annually. Earlier this week, it was reported that a non-profit funded by Mollohan (with the taxpayers' money, of course) had provided his family with $75,000 in free rent and services.

Rep. John Murtha (D-PA), an unindicted co-conspirator from the Abscam days, has had several ethical clouds hanging over his head for decades. The latest theft of taxpayer money is especially disturbing: Over the course of the past decade, Rep. John P. Murtha has earmarked millions of dollars for the Electro-Optics Center at Penn State University — money that has, in turn, gone to clients of the PMA Group, the Murtha-linked lobbying shop that was raided in November as part of a federal criminal probe..

Sen. Diane Feinstein (D-CA), a member of the Military Construction Appropriations subcommittee, helped award $3.7 billion to companies controlled by her hsuband. Despite an obvious conflict of interest, Feinstein voted for appropriations "worth billions to her husband's firms."

Sen. Harry "Land Deal" Reid (D-NV), the Senate Majority Leader, collected a $1.1 million windfall profit on a Las Vegas land sale even though he hadn't owned the property for at least three years. Reid also did not disclose to Congress an earlier sale in which he transferred his land to a company created by a friend and took a financial stake in that company. The AP learned of the land deal from a former Reid aide who was concerned that the deal had been "hidden from Congress."

Just remember, peons: these jamokes are all still serving in Congress -- without a care in the world -- because they are above the law. They are royalty, not rabble (like you and I). Sure, if any one of us normal folks had pulled this type of chicanery, we'd be serving ten years in the big house.

Oh come now Nancy ,,

Does this mean your not going to drain the swamp,release the memo or end the culture of corruption?

Boy am I disappointed.Just protecting the privalaged class of the politician as usual.I'm sure this will help all your problems with accountability and transparency go away .Those dam people who whatch FOX or read on the internet will just stop looking at your record of criminality now.Good for you girl.I just know that after you've pissed away the democratic control in the congress by 2010 the dirty repub's will not go back to the past (like you) and prosecute yours and your parties malfeasence.Bon Chance Madamme Speaker.

House Speaker Nancy Pelosi is working to buffer lawmakers from federal investigators. This is a bad idea. Special legal protections for politicians encourage unethical conduct.

Irvin B. Nathan, general counsel of the House of Representatives, sent a letter to Attorney General Eric H. Holder Jr. about establishing a protocol on how to handle "hopefully rare searches and electronic surveillance involving members of Congress." Mr. Nathan previously failed to negotiate such an agreement with the George W. Bush administration when Republicans controlled the House. His return to this effort isn't surprising given the number of congressional Democrats facing accusations of ethical misconduct.

Democrats facing scrutiny include the chairman of the House Appropriations Subcommittee on Defense, John P. Murtha of Pennsylvania, for his close ties to the defense lobby firm PMA Group, which is under federal investigation; House Ways and Means Chairman Charles B. Rangel of New York about a number of tax issues; Rep. Jesse L. Jackson Jr. of Illinois over his reported effort to persuade ousted Illinois Gov. Rod R. Blagojevich to appoint him to fill President Obama's former Senate seat; and Rep. Jane Harman of California, who reportedly was taped in 2005 by the National Security Agency purportedly agreeing to help seek leniency for two accused Israeli spies in exchange for help in lobbying her appointment to chair the House Intelligence Committee.

Mrs. Pelosi, California Democrat, invoked the separation of powers as justification for the move. Mrs. Pelosi, who has acknowledged being aware previously of Mrs. Harman's controversial dialogue, claims the stance is a matter of principle. "Whether it's invading an office or wiretapping a conversation, it's important for us to have the separation of powers and the respect for individual liberties, again, while not harboring information that would be useful under the speech [or] debate clause," she said

Submitted by rejean 3 years ago

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Comments (14)

  1. onereckless1

    I'm a Republican and I want to know why not even one was included in your idea. Balance in editorials is what makes them worthy of support.

    3 years ago
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  2. tolynette

    Investigate Congresswoman DeLauro's HR875 Act with ties to her husband, Greenberg Research and Monsanto Corp. Ugle stuff.

    And friendly skies and lots of lies Pelosi: directing her PAC funds to her husband's real estate interests and directing earmarks to his investments. Bad stuff here.

    We need an Independent ethics investigation. Where's the FBI? The really went after Alaska politician's. Where are they now?

    3 years ago
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  3. ericettinger

    Scum bags, ALL scum bags.

    3 years ago
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  4. rejean

    I'm an independant,since 1982 and cannot stand liberals or thier democratic affiliations.If you need to see BALANCED editorials regaurding republican malfeasance go turn on any station or channel in the mainstream media and you'll get it.Delay or Cheney directing monies to Haliburton come to mind though.Oh wait the same shiite goes on now,with Pelosi and crew.

    3 years ago
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  5. sallietoo

    YES!!! PELOSI, WALTERS, FRANK AND RANGLE ARE MEMBERS OF THE DEMOCRATIC SOCIALIST ALLIANCE. THERE ARE OVER 80 OF THE DSA SNAKES IN CONGRESS WHO DECEIVED AMERICANS AND RAN ON THE DEMOCRATIC TICKET WHEN THEY ARE REALLY MARX LOVING SOCIALIST THAT BELIEVE WE SHOULD ALL BE USING THEIR POSITIONS IN CONGRESS TO PROMOTE THEIR SOCIALIST IDEOLOGY, SLIPPING IT INTO LEGISLATION THAT IS STUFFED FULL OF EAR MARKS FOR THEIR SOCIALIST BUDDIES. THIS IS ABUSE OF POWER, A VIOLATION OF THE OATH THEY TOOK TO UPHOLD OUR CONSTITUTION AND OUR LAWS. THE OATH DID NOT SAY TO ELIMINATE THE CONSTITUTION AND REWRITE THE LAWS. THEY ALL HAVE TO GO - RE ELECT NO ONE IN 2010 & 2012 AND MAKE SURE YOU DON'T VOTE FOR A DEMOCRAT SOCIALIST EVERY AGAIN.

    3 years ago
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  6. rejean

    I thank eric ,he sums it up.

    3 years ago
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  7. truth_sets_you_free

    Refresher: In January 2006, still basking in the glory of her ascension, Pelosi announced a "Clean House Team to Address [the] Republican Culture of Corruption." A press release trumpeted: "It is long past time for the Congress to address the systemic Republican culture of corruption that has undermined the American people's confidence in this institution," Pelosi said. "I am proud that some of the best minds in our Caucus will be leading the Democratic effort to clean up the corrupt Republican Congress. These great leaders will work to restore truth and trust to the People's House." http://www.onenewsnow.com/Perspectives/Default.aspx?id=561794

    HAHAHAHAHAHAHA! Where's Pelosi now? Too busy jetting around on our dime and padding her husband's pockets?

    P.S. I'm Independent.

    3 years ago
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  8. dabodave1

    Yes it is hard to be the guard at the chicken coop when you are a fox. Thus the foxes get together to see how many chickens they need to survive and how many they do not need to survive.

    The US Inc and its owners, have set its plans for total take over of the world and all of its people.

    The goal for this Socialist Democracy (Against the Constitution Article 4 section 4), is to own all companies, (wherewith they have previously only been stock holders, unknown to the general public) including farms, ranches, energy and fuel suppliers....

    Then the rest will follow.... Revelations and the BEAST.

    So, If this type of government (a socialist democracy) is illegal, then how can it legally operate? IT OWNS EVERYTHING THAT CAN LEGALLY STOP IT!!!! As far as governments are concerned. But they have forgotten one thing that they do not have authority to control... YOU and I! We the People, own this country, NOT the governments!

    The supreme laws of this country are the Bill of Rights and the Declaration of Independence, for the people. And Then, the Constitution for the law makers in governments ONLY!. Governments have nor powers over anyone but the 3 branches of the governments!

    However, as the governments of this country, is on a fast track to own everything, (all businesses who hire people, who can stop employment if the people do not obey the governments.....) As they already own the courts, the media, the legislative and executive branches of governments. Those in control, hold money and threats from big brother, over the heads of the 50 states, including county sheriffs to fold under its control or be black listed and ousted from office by their controlled media propaganda.

    The 3 branches of government of the Socialist Democracy of the US Inc.:

    The executive or now CEO of the US corp.

    The Judicial or now the Security of the US corp.

    The Legislative, or now the Board of Directors of the US corp.

    All are illegally usurping powers that they have no legal authority to take, "if they are obeying the constitution, that is.... But they are NOT obeying that supreme law for governments. In FACT they are totally ignoring it anyway, at anytime they desire.

    Has Obama surrendered his REAL birth certificate from Kenya? NO! Why has the few witnesses to his actual birth all died?

    The Constitution is a law for governments! NOT for the people, as the people can not be controlled by governments. The people can only be protected by governments; and only if the people damage property or injure others, who in turn, press criminal charges against them, can the government infringe upon the rights of the people.

    Short a sweet. We are taken over by the illegal activities of the US inc, and our Republic under God, with rights for the people is GONE!

    So,

    Yes, be very aware of total ownership of all wealth by a few select people......

    David J. D'Addabbo, National Investigator for the people of the Republic of the USA.

    3 years ago
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  9. sandra.havens

    Well, like the saying goes "absolute power corrupts absolutely". The question is how do we change government so that the power is back in the hands of the government?

    3 years ago
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  10. dabodave1

    Two ways to regain the power back to the people.

    1. Revolution.

    2. Elect a consitutional sheriff who will protect your county from illegal laws, rules, codes, taxes, mandates, garnishments, liens, Feds,(IRS, DEA, ATF etc..) State, illegal laws...

    For our law states that USA governments must be Republic governments. Do not be confused with republic government and the republican party. As both the Democrate and the Republican party have been playing the game of makin and enforcing illegal laws upon the people.

    FACT: ONLY the 3 powers of governemt in the USA are effected by the constitution.... They can only enforce laws they make upon themseleves as governments.... NOT the people.

    FACT: the Bill of rights and the Declaration of Independence are the laws for the people. God given free agency rules over the people... No government can infringe upon those rights.

    So a sheriff can protect you... He/she can call the militia to assist him if needed or the people can be called to help under the name of public safety committee...

    Now we live in a socialist democracy. It is illegal to be that type of government in the USA. But we are over taken by the US corp. A ficticious government (State and Fed and county) that rules over us a bond servants to the world bankers.

    So we either fight with guns, planes and tanks and regain our freedoms as directed by the LAW of the land, the Declaration of Independence and the Bill of rights. Or we try the last ditch effort of getting our sheriffs to protect and to serve the people.

    3 years ago
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  11. kdtroxel

    Discussing the Process: Federal Constitutional Convention

    A vote for a Federal Constitutional Convention is also likened to a “no confidence” vote in the federal governments’ abilities to administer to the public good of its citizens. What if we do decide to have a Federal Constitutional Convention? How could such a process start and proceed? What changes would the process change in our daily lives? What changes could we expect? How can we the people participate in the construction of a new constitution that would address our ideals and values while preserving out freedoms and bill of rights?

    A vote for a Federal Constitutional Convention can only be called for by a two third vote majority of the House of Representatives (290 of 435 members) or a two third vote majority of the states (34 of 50 states). The vote to impeach the executive branch of government is the sole power of the House of Representatives. There is no listing in the constitution that allows for a general public vote for a federal constitutional convention. However, a public petition would have the power to make effective change by voicing our request in mass to our respective state government.

    Post, Federal Constitutional Convention

    A grass roots movement of petition is the only way to spur the thought of any real change in the current form of government. Today’s government system is not responsive enough to the needs of the people, meaning unread e-mails, robot replies, corporate lobbyist, and catering to a few special interests does not represent the masses. A fundamental change in our constitution can put the individual citizen in direct but limited control of our daily governance. But this all starts with you the citizen speaking up for yourself. You must rise to the decision. We the citizens can no longer afford our current federal government, nor do we have to stand still and allow it to continue in its decadence.

    This petition should be put forth in every city. Distribution of the petition should be very easy with access to the web to deliver formatted fliers, billboard outlays, and procedures in setting up legal public discourse and bilingual formatted petitions. Each site that features this discussion should include survey questions and opportunities for the public to express and be acknowledged for their contributions and opinions. Site may be physical locations with permission from local governments or virtual expression via the web. I would give a physical signature more weight in swaying opinion. Each signature must be accompanied by address information; e-mail and phone numbers would be optional. Demographic data expressed by surveys would indicate the overall attitude and wants of all citizens. Open and public discourse would be encouraged to address all aspects of government and current domestic policies.

    Federal Constitutional Convention and Forward:

    The day that America stopped

    Federal Constitutional convention would cause the American people to pause in their daily lives to consider a brighter future, where we the citizens, with our rights and freedom, can come together to form a more perfect union. A divided people united under a new constitution that expresses our thoughts, theories, and technology of the new world.

    Representatives from every state would be nominated and voted on by general election process, then sent to the convention. Representatives should not be appointed to the convention by the state senate alone; the people must have a vote and a say in the process. I would advise that several judicial representatives from every state also attend the convention. With the representatives chosen and a location established; the convention goes forward. Daily and complete media coverage to detail all aspects of the process and the on going results/drafts of the new constitution published within reasonable time. A constitution should not just be created behind closed doors then rolled out to the public; a constitution must be ratified by the people it is meant to govern. Representatives will have public funds to draw upon that would meet their requirements in producing the constitution; within reason. To discourage special interest parties or corporate lobbyist from overly influencing the content of a new constitution, I suggest setting up a town square stock. This may seem cruel and unusual punishment to some.

    The tough decisions will have to be discussed. A Federal Constitutional Convention may be seen by a few states as an opportunity to not rejoin the union of states. With the current large federal deficit and possible civil unrest; a few states may decide or discuss the possibility of going independent. No state should be coerced into the union. No special favor to any one state should be submitted as inducement/incentive to join the union. States may be allowed to declare independence or allowed to declare a period of separation before decision. “The portion of federal debt still owed must be assessed to any state that wishes to depart the union.” (Optional)

    Reproduction laws may be decided once and for all, in the convention, or allocated to the individual states to decide. I would hope that the people would be wise enough to see that having the option to moderate our own reproduction system, is in the best interest of all people. Meaning if you want an abortion, it would be available; if you don’t, that is your decision and your freedom of choice. Banning abortions will simply place young people into the position of going underground for the procedure. This may cause many lives, unnecessarily, due to poor procedures, follow-up and unclean conditions. Read the history prior to Roe v Wade, before you condemn free-choice.

    The concept of the constitution defines the laws of the land, it also grants the people citizenship/membership to the government. This does not mean that every citizen must serve the government but are considered as part of the club, and have the rights to serve should they desire. I bring this discussion before you because currently the United States is experiencing vast undocumented immigration growth to the tune of 12 million people that may very well be grandfathered into citizenship at the signing of a new constitution. I believe this is a good thing, and those who reside here within the boundaries of the United States or abroad in defense of the country should be considered citizens with all rights there of. Ultimately this decision will be made before the new constitution is ratified.

    Convention of the Constitution

    All trade groups or societies may call for general meetings for debate. Declaration of group and status period would assess the interest and provisions for assembly. Representatives will be decided by popular groups. Travel expenses and lodging will be provided by the United States general fund. Constitution or amendment recommendations, bills, and change suggestions will be submitted to the elected constitutional draft committee or transition government for consideration. During the trade group or society sessions, a period of citizen platform of ideals may be submitted by attending delegates, and voted representatives may attend further conventions for discussion. Additional conventions of any group may be attended by the elected officers, and new interest groups belonging to said group.

    Mass media will record and follow each convention. Active website development to discuss the questions and debate the issues will further allow public interest and decision making. At the end of the meeting all the issues that where expressed during the convention will be written and submitted for popular vote of the assembly and general public. Each discussion will detail the arguments and allow for additional assembly and public comments. Free media coverage of all conventions and public expressed interest and statements.

    Any special interest group that goes on massive advertisement aggrandizement of an issue will be publicly repudiated by popular agreement. The size and scope of any minority group advertising expense to justify an issue for adoption must be determined by committee. This would address issues of minority interest who buys commercial time to discuss topics; free media time to all groups will be given and provided by government decree, however this media time may be limited due to large attendance. This could be broken down to channels dedicated to minority interest, and certain channels for popular political group discussions. The free form expression by all citizens must be the overriding principle of free media participation, during any period of discussion. Posted website poles for all issues to asses the publics wants and opinions must be established.

    Since not every American owns a computer with internet access, additional public locations with public access may be established. Grants to libraries to upgrade computers or provide high speed access for public participation and discussion must be provided by the Federal Government.

    3 years ago
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  12. dabodave1

    Date: 06-15-2009

    A constitutional Convention would be a disaster right now. The ones holding office do not obey the constitution they now have, that restricts them from making laws on the people! The ONLY laws, rules, codes, mandates, income taxes etc... that the 3 forms of governments can legally make is for themselves!

    Executive Branch. Judicial Branch. The Legislative Branch.

    That means the IRS (INTERNAL, revenue service) is INTERNAL, or for taxing the GOVERNMENT BRANCHES ONLY!!!! They have no legal authority to tax anyone else, as anyone else is 100% voluntary if they desire to pay income taxes, yet they illegally under color of law, (because our sheriffs allow it to happen in each county) , rob, steal, terrorize, torture, etc... the people for their wealth... and place the people as BOND servants to the privately owned Federal Reserve Bank for Profit.... NOT one penny of 99% of the people's Federal income taxes goes to pay anything but the interest to the FRB for profit..... And the STATE income taxes are illegal unless you are part of the 3 branches of STATE elected government (governor or executive, Judicial judges, legislators congress and senators...)

    The laws that are made by congress, (STATE OR FEDS) can only apply to rule making or laws for those whom they have authority (given to them by the constitutions) to make laws over.... Themselves ONLY!

    The people, you and I, and 300 million others, have inalienable rights (impossible to take away: not able to be transferred or taken away, for example, because of being protected by law

    Encarta ® World English Dictionary © & (P) 1998-2004 Microsoft Corporation. All rights reserved.) given to us by GOD and holding ALL governments BOUND by constitutional laws (for those governments, as the constitutions do not give or take rights from the people, it only binds governments).

    The Bill of Rights, the Declaration of Independence inform ALL Governments (STATE, FEDERAL, COUNTY, CITY, ETC...) that under NO circumstances can you INFRINGE upon our rights as the people, but you can alter or change governments operations, under the strict boundaries of the constitutions!!!

    Therefore.

    As governments do not obey the constitutions we now have! What makes you think they will obey a new one? In fact, the ones in control of this government now, (not the people, but the world bankers), will run the constitutional convention from start to finish under the illusions of doing good. They will control all media, all propaganda and lies will be fed to the public, who will be thinking all is well; when in fact at the end, we shall have destroyed this nation, and made a NEW constitution allowing a Socialist Democracy like we now have, and or communism form of government to RULE over us!

    Thus, Article 4 section 4 of the constitution of the Republic of the USA, does NOT allow for any other form of government what so ever, except a government for the people, and by the people, or a Republican form of government!!!! PERIOD!!! that is the LAW of governments!!! yet they disobey it EVERY DAY all DAY long and use corporations for profit types of socialist Democracy form of governments to rule over us. WHY? Because they can and WE allow them!

    WE DO NOT NEED A CONSTITUTIONAL CONVENTION! WE need to demand by law that those traitors be arrested and held without bail in jail until trials can be held for them. All Those who are running, enforcing anything but a republic form of government in ANY STATE, or COUNTY, or CITY, must be arrested for TREASON.

    Then, the sheriffs in each county can begin to actually protect and to serve. AFTER those sheriffs who have been arresting or supporting the illegal governments have been arrested for treason, and replaced with constitutional, lawful sheriffs in each county in the states.

    The states, counties and cities do NOT have to OBEY illegal laws made by ANY form of government!

    That is the LAW of the LAND TODAY! So why change that law? Just enforce it! Elect a GOOD Sheriff TODAY!

    dabodave1@pdqx.net

    3 years ago
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  13. kdtroxel

    The collapse of the American economy event list:

    1) Congress & Clinton: Passage of S. 900 [106th]: Gramm-Leach-Bliley Act of 1999, which gutted the Banking Act of 1933 (Glass-Stegall Act). This legislation allows banks to buy, sell, and create securities.

    2) Bush Jr. & Congress: Governments laissez-faire deregulation policies has opened the financial door to creative mortgage industry where predatory lenders seek out marginally acceptable loan applicants to fill collateralized-debt obligation (CDO) with loan assets of marginal worth. Add a little insurance on the CDO, in case the asset defaults, and sell to the world market with triple AAA credit rating. Most of the creative loans contained scheduled rate increases around 2009. The system was set up to bust.

    3) Congress & Bush: Passage of H.R. 4541: Commodity Futures Modernization Act of 2000, which legalized credit-default swaps (CDS) and made derivatives legal. A derivative is a form of financial gambling upon assets that are not owned by the better and those bets can also be hedged, which is likened to buying insurance on your bet. Securities and Exchange Commission (SEC) never had jurisdiction to moderate or regulate derivative betting, at least during Bush Jr. Administration. Derivative betting quickly became larger than the combined economies of the entire world.

    4) Bush Jr. and Secret Societies: The false flag operation called 9/11. Pentagon losses $2 trillion dollars, the records of which are located in the twin towers. The owner of the twin towers would have had to spent millions of dollars to remove asbestoses and had filed multiple requests to demo the twin towers; requests where denied. Bush Jr. admits prior to 9/11 that he wanted to be a war time president. Days after 9/11 a video tape shows an actor posing as Ben Laden, taking credit for the 9/11 attack, it becomes the slim evidence to linking the Taliban in Afghanistan. (The evidence that 9/11 was an inside job is more overwhelming than the evidence it was not. Please take the time to research it yourself.)

    5) Bush Jr., Congress, and Supreme Court: The rise of the terrorism tactic to demonize a group of humanity that never attacked the United States, aka. Taliban. United States attacks a sovereign country without permission of the United Nations in direct violation of a signed treaty; this action is in direct violation of the constitution of the United States. The Supreme Court did not uphold the constitution. The United States and Afghanistan war starts October 7th, 2001. Then on May 1, 2003, Bush Jr. declares war on Iraq because they had weapons of mass destruction (lie), to end Saddam Hussein's support for terrorism (lie), and to free the Iraqi people (their system of government kept the religious fanatics in line with fear of a central power). The real reason to invade Iraq was resources (oil), war profiteers (Halliburton, ete.), military defense industry inventory turnover (stimulate the war economy), Bush Jr. will to be a famous war time president and fulfill what daddy started. Whenever in doubt, always follow the money.

    6) Bush Jr. and Congress: War Funding - During Bush Jr. two terms, programs were cut or defunded to pay for the war. Much of the war was funded by debt. The fear here is that if taxes were raised to pay for the war in the time it was fought then the people would take more notice of it and complain. To compound the debt and to keep party members complacent, multiple tax breaks for the rich were enacted during a period of two wars.

    7) Economy: Stock market crash of October 6, 2008. On October 3, 2008 the DJIA was 10,325, to October 6, the DJIA lost 330 points to 9,995. The DJIA lowest point was on March 6, 2009, at 6,626. Presently, dark pools and insider trading is artificially pumping up the valuation of the DJIA to its present valuation, June 5, 2009, of 8,763. Dark Pool and Insider trading Link: http://www.marketskeptics.com/2009/06/dark-pools-and-insider-trading-growing.html

    8) Wall Street Bailout: Hundreds of U.S. banks get bailout money, the big ones are Wells Fargo $25 billion, State Street Corp. $2 billion, Bank of America $25 billion, JPMorgan Chase $25 billion, Citigroup $25 billion, Morgan Stanley $10 billion, Goldman Sachs $10 billion, Bank of New York Mellon $3 billion, Regions Financial $3.5 billion, Sun Trust Banks $3.5 billion, US Bancorp $6.6 billion, BB&T $3.1 billion, American Express $3.4 billion, just to name a few. For the full list visit: http://money.cnn.com/news/specials/storysupplement/bankbailout Banker bailout money to institutions, whose practices would have been considered fraudulent, prior to 1999, is the direct sacking of the U.S. treasury and dilution of the money pool. For those hard working Americans, this means your wages buy less and less as inflation rises.

    9) United States Economy Erodes then Collapses: The recession began officially in December 2007 and continues to this day. As of June, the national average of unemployment is 9.4%. Unemployment determination does not count those people who have run out of unemployment benefits, lost hope of finding a job, or underemployed. The actual figure is nearer to 20% national average. The economy is determined to be in a depression once unemployment figures reach 10% or more.

    10) Government bond market collapse: Foreign nationals had started to reduce the purchasing of U.S. long term bond securities in January 2009 to present. On March 23, 2009, Federal Reserve Bank announces that it is now going to monetize the U.S. debt by committing to buy up to $300 billion in long-term Treasuries over the next six months. The Fed also said it would buy up to an additional $750 billion in agency mortgage backed securities, adding to an existing program to buy $500 billion of agency Mortgage Backed Securities (MBS). It will also double the size of its purchase program for Government Sponsored Enterprise (GSE) debt to $200 billion from $100 billion. Each time the Federal Reserve Bank purchases a junk of the securities, all markets jump in prices as large infusions of unbacked digital currency is created, aka inflation. It is now widely recognized that the bond rating for U.S. securities will be downgraded from AAA to AA, soon.

    11) Complete Collapse of the US Dollar: Very few are questioning if this will happen, but when.

    Boring banking was safe banking. Allowing banks to create and trade securities allows them to defraud the people by gambling with their money. We are repeating depression era history because congress wanted to make banking exciting. In congress defense, how could they resist $5 billion dollar lobby effort to make banking fun for everyone. If you want the real none abridged history of what happened to the banks in a real format simply click the following links:

    “The Big Takeover” by Matt Taibbi Link: http://www.commondreams.org/view/2009/03/22-6

    3 years ago
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  14. dabodave1

    Matt is Correct on his report of the take over on most issues.

    How do we stop it?

    Stop whacking the leaves and instead chop down the tree!

    Date: 06-17-2009

    My name is David J. D'Addabbo. I am a private Investigator for the people of the Republic of the United States of America.

    I have uncovered many secretes that governments do not want the people to know and or understand about simple law and how they have illegally taken over this nation, by accumulating over $100 Trillion in secrete hidden wealth, accumulated by investments (starting over 80 years ago, by world bankers..) of the private businesses of the world.

    That is another subject...

    However, the laws that legislators, judicial and executive branches of STATE, FEDERAL and COUNTY, or CITY governments make, are ONLY to restrict themselves, tax themselves, and control themselves. They have NO legal authority to or authorization of ANY kind to order, mandate, control the people in our every day lives.

    They simply can not LEGALLY do what they are doing! Making laws, then telling the people in general that we must obey those laws.... This is done by the bankers controlling the media and the media informing us sheeple that we must obey those laws.

    In FACT, in Supreme court Case Mack vs Brady Bill, the judges agreed that the FEDS have NO authority in a county sheriffs county; UNLESS the sheriff of that county allows the feds to have authority!

    So,

    To cut to the meat of the problem, we MUST fire the sheriffs in EVERY county in EVERY state that allows illegal, unconstitutional laws to be enforced upon the people. Such as BRADY laws, Gun Laws in general (see what Montana has told the feds....) This is the only way we can prevent WAR from happening.

    Otherwise, we shall be seeing battles fought around the nation, (hidden by the main media of course) that ordinary people will be taking up arms to defend their homes, families and country from this hostile take over of our governments and NOW the major Private corporations in the world, by Obama and his clan...

    Make no mistake, the past 80 years has been well controlled by the world bankers, funded by the federal reserve bank for profit to control all 3 branches of our governments.

    Make no mistake that they have succeeded quite well in their goals of finally taking over the major businesses that hire the people, that allow them to travel, fly, boat, drive, eat, recreation, guns, ammo, etc...

    Be reasonable here.... How can a government order a private company such as GM or FORD, or anyone, to do anything? Government according to the constitution can ONLY regulate GOVERNMENTS!!!! that is it!!!

    They can not tell the people what to do, what gun to buy, or to carry, or how we travel etc.....UNLESS we the people allow them to order us around, they simply have no power to do it!

    FACTS:

    US, STATE, COUNTY governments are not the Republic form of government ONLY allowed (See article 4 section 4 of USA constitution)...They are socialist Democracy forms of governments.

    They have been (for the past 80 years) buying stock in major companies around the world. Secrete investment funds? See their CAFRs for their investments! For how can a non owner of a private company tell the private company what to do? They can not! Unless they already own major stock in that company!!! GM, FORD, Chrysler, etc....

    Executive Branches state and federal: No longer president or governor, but CEOs of the corporations. (US Inc, and STATE Inc.)

    Judicial Branches of state and federal: No longer constitutional courts of law and blind justice, but are the security forces of the corporations (US Inc, and STATE Inc.)

    Legislative Branch of state and Federal: No longer the constitutional governing board that can legally regulate ONLY the 3 branches of governments... but are indeed the Board of Directors for the corporations (US Inc, and the STATE Inc.)

    So, what I am informing you of, is to NOT whack the leaves on the tree of evil... All that will do is keep you preoccupied at a million leaves that re-grow each day and gain more power....

    We need to start cutting the trunk down and up rooting the tree of evil, and basically ignore the leaves and the leaves (millions of them will die) when the roots are killed.

    Follow the money. Find the roots, stop the money (income taxes are illegally being forced upon the people); the IRS stands for what? INTERNAL revenue service. Thus the ONLY people they can legally tax is the Legislative, judicial and executive branches of governments... Thus INTERNAL revenue service!!!!

    The trillions of dollars they STEAL under treasonous actions inflicted upon the people by US treasury, sheriffs, and federal law officers, is only allowed because the sheriffs allow it in the county!

    Chop down the tree with removal of the Sheriffs that have betrayed their oaths of office. replace them with Constitutional Investigators like myself and others that have been battle proven to defend the people at all costs.

    Therefore these new sheriffs can arrest legislators, judges, governors, (in their counties) and hold them for treason against the people...

    The adjutant generals of the state, who are working with illegally enforced laws by orders of their governors must also be removed. Then the state guard and militias can form together to protect the counties and states against invasion of illegal mandates, laws and or taxes...

    Thus the people will find immediate safety and relief from the storms of Illegal laws, taxes etc.... Then, we start rebuilding the entire nation, as it should be done.... By constitutional RULE Of LAW over All governments; and the Bill of Rights and the Declaration of Independence is the rule of protection of our rights, given to us by GOD and brave men and women who have fought for our freedoms in the past and who are now preparing to fight for those freedoms again.

    We must resolve all issues peacefully, if at all possible. But AS the LAWS of the people state (Declaration of Independence and the Bill of Rights).. these rights can not be infringed and if they are infringed, we the people have the right to dissolve that government....

    dabodave1@pdqx.net

    3 years ago
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