so, the moral of the story of this is you can steal all the money you want as long as you don’t use a gun and hurt someone physically, the more layers between you and the crime the less likely you will ever pay

and the beat goes on, imho, this will not change, there is zero incentive too, it has just basically been condoned by the government as good to go

You can hardly accuse the US of being a capitalist system when the gov’t suppresses market-produced money in order to manipulate its fiat money & bails out companies that would be bankrupt in a true capitalist society. Powerful special interest can’t steal taxpayers’ money in a capitalist country.

Credit booms can certainly happen in an actual free market society, but (1) there are natural counter-vailing forces in a true free market, & (2) our present one was caused by gov’t central banks.

It’ll all collapse but I’ll be gone, U’ll be Gone(IBGUBG)

No doubt, but not everyone needs to be caught. There is much to be said for making an example out of a few to set straight the rest.

A good start would be with the investigation of Mr. Stephen Friedman’s purchase of Goldman Sach’s stock based on his insider information of the AIG deal while serving as the Chairman of the New York Federal Reserve. It is said he made $5 million on this transaction. It is a gross violation of the public trust and should be rigorously pursued. JMO

So the charade goes on.

exactly Ed- good post-

I wonder if anyone will ever be held accountable- as if no crime had been committed

Because natural new family formation is subjected to direct evolutionary pressure, it creates all the new processes, and capital’s function is to distribute those processes and recycle the old ones. Capital must be efficient. Labor must be effective. Natural new family formation is the self-adjusting mechanism of economics.

Fulcrum action:

Government works for capital, always has, always will. Through government, capital offers subsets of labor, those closest to it, at the top of the middle class, short-term benefits in exchange for long-term, structural control over returns from the economy, from the top down, liquidating from the bottom up, and distilling labor into a subset that increasingly makes decisions based on the future.

Capital’s momentum eventually leads it to short circuit the agreement by interfering with new family formation, to favor weaker contractual counter-parties. By that time the remainder of labor is already well on its way to completing the bridge to the next economy. The old economy self-liquidates, it inverted pyramid of capital collapses, and the next economy is launched.

This process of population distillation, and reef development, which results in either symbiotic adaptation, or replacement, once the demographic acceleration curve hits the ceiling. Humanity has hit the ceiling. The population will continue to grow, but at a decelerating pace, liquefying the demographic, Ponzi economy. If a species cannot reach a stable, symbiotic, equilibrium orbit, evolution always has another species ready to go in the bullpen.

When capital shorted the Constitution, through the US Supreme Court, with Family Law, and Congress did not respond, the US Government became illegitimate, leaving capital with nothing but the too-big-to-fail strategy, which has no exit plan, and has run its course.

Can we fix it? Yes.

The question is how large will the population be on the other side of the democratic education system bridge? And that is up to capital. Distilled labor is already completing the next bridge in this series, with a new breeding program.

Labor requires a minimum 51% return on the economy, to meet evolutionary requirements, and to maximize both capital scale and diversity. Above 51% reduces capital, below liquidates the economy. Labor works at the pleasure of planet to build up capital, not the other way around. The planet is in no danger; it is a buffer of symbiotic processes well beyond human control.

A constitution protects capital from self-liquidation. Evolution protects labor that serves its purpose.

We have reached the tipping point of full disclosure.

What is the difference between a point, a circle, and a helix? time / relativity.

That clock in your head is a construct, creating the illusion of individuality in time; it serves the purpose of the universe.

Once you see the circuit in its entirety, you can operate in any department, because you are acutely aware of the amperage separating them, having survived electrocution. I do not recommend this route.

There is one and only one door to the future, the same door, and keys vary depending on the entity at the door.

Oh yea, the recession is over. We are in recovery mode. Just ask Deval Patrick, who was told by David Tuerek, and confirmed by Barney Frank. They were measuring at the drain of deficit spending, and on the back of increased lottery revenue. Go figure.

Because natural new family formation is subjected to direct evolutionary pressure, it creates all the new processes, and capital’s function is to distribute those processes and recycle the old ones. Capital must be efficient. Labor must be effective. Natural new family formation is the self-adjusting mechanism of economics.

Fulcrum action:

Government works for capital, always has, always will. Through government, capital offers subsets of labor, those closest to it, at the top of the middle class, short-term benefits in exchange for long-term, structural control over returns from the economy, from the top down, liquidating from the bottom up, and distilling labor into a subset that increasingly makes decisions based on the future.

Capital’s momentum eventually leads it to short circuit the agreement by interfering with new family formation, to favor weaker contractual counter-parties. By that time the remainder of labor is already well on its way to completing the bridge to the next economy. The old economy self-liquidates, it inverted pyramid of capital collapses, and the next economy is launched.

This process of population distillation, and reef development, which results in either symbiotic adaptation, or replacement, once the demographic acceleration curve hits the ceiling. Humanity has hit the ceiling. The population will continue to grow, but at a decelerating pace, liquefying the demographic, Ponzi economy. If a species cannot reach a stable, symbiotic, equilibrium orbit, evolution always has another species ready to go in the bullpen.

When capital shorted the Constitution, through the US Supreme Court, with Family Law, and Congress did not respond, the US Government became illegitimate, leaving capital with nothing but the too-big-to-fail strategy, which has no exit plan, and has run its course.

Can we fix it? Yes.

The question is how large will the population be on the other side of the democratic education system bridge? And that is up to capital. Distilled labor is already completing the next bridge in this series, with a new breeding program.

Labor requires a minimum 51% return on the economy, to meet evolutionary requirements, and to maximize both capital scale and diversity. Above 51% reduces capital, below liquidates the economy. Labor works at the pleasure of planet to build up capital, not the other way around. The planet is in no danger; it is a buffer of symbiotic processes well beyond human control.

A constitution protects capital from self-liquidation. Evolution protects labor that serves its purpose.

We have reached the tipping point of full disclosure.

What is the difference between a point, a circle, and a helix? time / relativity.

That clock in your head is a construct, creating the illusion of individuality in time; it serves the purpose of the universe.

Once you see the circuit in its entirety, you can operate in any department, because you are acutely aware of the amperage separating them, having survived electrocution. I do not recommend this route.

There is one and only one door to the future, the same door, and keys vary depending on the entity at the door.

Oh yea, the recession is over. We are in recovery mode. Just ask Deval Patrick, who was told by David Tuerek, and confirmed by Barney Frank. They were measuring at the drain of deficit spending, and on the back of increased lottery revenue. Go figure.

Mr. Harrison states: “….How one deals with the intrinsic instability of capitalist system in an environment of powerful special interests is the fundamental question we face in fixing finance…..I believe that witnessing yet more crony capitalism in this depressionary environment will almost certainly induce ‘big government revulsion’ and lead to an recessionary relapse.”

These are the utmost concerns that most of us share.

Do our leaders have the will and character necessary to stand up against the powerful special interests and fix the instabilities inherent in the financial system?

Do they understand the depth of anger in the general population resulting from the on going improper relationships between corporations, banks and government officials?

Are they aware of the growing numbers who are demanding that they cut government spending and balance federal budgets at a time when such actions could trigger a recessionary relapse?

By succumbing to the siren call of Wall Street’s money, the Obama Administration might well be risking it all. The populist backlash could well exceed the value of all of those additional campaign adverts being funded by Goldman Sachs and friends.