What is Digg?348 Comments
- edstate, on 10/04/2008, -2/+239Apparently only egregious instances by individuals will be considered. And then, only a few.
FTA: ""It would be a very rare company that would ever be prosecuted," said Joshua Hochberg, former chief of the Justice Department's fraud section. "These are all negotiated settlements. . . . A criminal conviction brings mandatory debarment and effectively puts a corporation out of business.""
Isn't that what SHOULD happen if a business repeatedly and purposefully breaks the law? - inactive, on 10/05/2008, -12/+207In other words, we are now China's ho. Welcome to slavery, America.
- inactive, on 10/05/2008, -5/+159Default on your mortgage? You're screwed. Run a large corporation into the ground? Call the government and get bailed out with tax dollars.
Something is terribly wrong with this picture. - ScienceDoc, on 10/05/2008, -9/+148This is fascism people. You lose.
- DestroyFascism, on 10/05/2008, -4/+138There are rules for most of us, and none at all for others..
Had enough yet? - brad3378, on 10/05/2008, -7/+107Surprise!!!!!!
- inactive, on 10/05/2008, -5/+81“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men We have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.” - Woodrow Wilson
“Let me issue and control a nation’s money and I care not who writes the laws.” - Mayer Amschel Rothschild
"History records that money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.”
President, James Madison
"Some of the biggest men in the U.S., in the field of commerce and manufacturing, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it." The New Freedom ~ Woodrow Wilson, 1913
“This Act (the Federal Reserve Act, Dec. 23rd 1913) establishes the most gigantic trust on earth. When the President (Woodrow Wilson) signs the Bill, the invisible government of the Monetary Power will be legalised… The worst legislative crime of the ages is perpetrated by this banking and currency Bill.” - Congressman Charles Lindbergh Sr.
“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is - The Fed has usurped the government!!” - Congressman Louis T. McFadden
“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.” - Barry Goldwater
"Depopulation should be the highest priority of U.S. foreign policy towards the Third World." -Henry Kissinger - Zlorp, on 10/05/2008, -6/+77***** OUR GOVERNMENT
- lacidar1, on 10/05/2008, -0/+60Just like the book Animal Farm says:
"All animals are equal but some animals are more equal than others." - toetagger, on 10/05/2008, -5/+62Federal prosecutors take their orders from the White House. Wall Street would be the LAST people in the U.S. to get prosecuted.
- inactive, on 10/05/2008, -5/+55Honestly is any one really surprised by this ??
- absurdist, on 10/05/2008, -1/+46*****.
If corporations have legal personhood, then we need a corporate death penalty. Too many investors are willing to turn a blind eye to corrupt and/or illegal activities by the management of corporations as long as their investments pay off. If they run the risk of actually losing everything, they would be a bit motivated to hold the bastards accountable for their actions and actually pay attention to what their investments are allowing. - Kugelblitze, on 10/05/2008, -3/+46I'm for a free market, but I'm also for the prosecution of criminals to the fullest extent of the law. This is an egregious miscarriage of justice.
- awitod, on 10/05/2008, -2/+40Looks like I am in the minority so far, but I'd much rather see them prosecute individuals and send them to jail than to prosecute a corporate entity that can only pay a fine. Sending a bunch actual people to jail should be a far bigger deterrent than fining a company into oblivion.
My hope is that, given the number of investigations, we'll see a few hundred bankers sent to jail before it's all said and done. - dafragsta, on 10/05/2008, -6/+43Let me beat the dittoheads to the punch:
"Damn lib elite rag will just grasp at straws while turning everything over to a nanny state."
Oh you mean like the one you guys voted for in an dumbfounding show of solidarity in ignorance, and the one your congresspeople voted for like a bunch of trained monkeys? Both sides want the nanny state. The nanny state treats it's citizens like children in every respect in hopes that their fear reflexes will make them regress into a childhood state in which mommy and daddy will take care of everything. - ThePerkins, on 10/05/2008, -5/+42Slavery is something new here?
- sHockz, on 10/05/2008, -6/+43you know what is pathetically sad? most americans dont even realize what is even really going on...ignorance is bliss. why oh why didnt i take the blue pill......
- inactive, on 10/05/2008, -12/+48ZEITGEIST: ADDENDUM
NOW RELEASED
10/2/08
http://www.zeitgeistmovie.com/
http://video.google.com/videoplay?docid=7065205277 ... - inactive, on 10/05/2008, -3/+38 Wall Street and the Bankers are the government. They tell congress what to do, not the other way around.
Napolean said of the International bankers relationship to government. "The hand that gives is forever above the hand that takes." - MrFurious2k, on 10/05/2008, -1/+35Of course they're not going to go after them. It'd lead right back to the people we've entrusted to "save us" from this situation. The politicians who are pointing fingers are the ones who most directly created the problem. They're not going to prosecute themselves.
- katorga, on 10/05/2008, -3/+37The wealthiest .5% if the population are "too rich to fail". They give so much money to the two political parties that they are completely protected from every danger.....make a bad financial decision? No problem, here is $700 billion from the proles. Taxes going up? No problem, we'll leave tons of loopholes or like the 1990's "millionaires surtax" we'll exclude entertainers and pro sports types.
- Shakermaker, on 10/05/2008, -2/+34Not in the US it doesn't. The government is as corrupt as any third world country you can name.
...and American citizens will sit right back and let it happen. - dha07030, on 10/05/2008, -5/+37Funny how there is no congressional investigation. Wonder why the dems in Congress aren't calling for one if it was all the evil republicans fault.
- TERMDEFINED, on 10/05/2008, -2/+28Now I know why Guns N' Roses waited to release "Chinese Democracy" until now...
- mcsenget, on 10/05/2008, -2/+26Corporatism.
not capitalism. - inactive, on 10/05/2008, -2/+26They WILL BE PROSECUTING individual employees, just not the actual companies. READ THE ***** ARTICLE.
If you prosecute an entire company, it can potentially put it out of business, as in the case of Arthur Andersen as mentioned in the article. If you put a large company out of business, hundreds or thousands of people who had nothing to do with the illegal activity lose their jobs, which isn't exactly fair. - wreckosaurus, on 10/05/2008, -3/+27They're going after the executives, not the banks. That doesn't sound bad to me. It's the fat cat ***** that need to be punished, not the institutions themselves.
- angusm, on 10/05/2008, -3/+27"OK, cop - one step closer and the economy gets it. So back off, do you hear me?"
- pjhorrex, on 10/05/2008, -1/+24It's because Congressional hearings and investigations are reserved for important things like professional baseball. I mean, that's what the Constitution says, right?
- shampoovta, on 10/05/2008, -6/+28Its a brave new world.
Jesus. :( - darylyounge, on 10/05/2008, -1/+22And the Whitehouse takes it's orders from those that run the Federal Reserve.
- ell0bo, on 10/05/2008, -0/+20In 'capitolist' America, the government ***** you!
- 64bitllama, on 10/05/2008, -1/+20I can't understand how few people in the US are actually aware of how corrupt and undemocratic the country is. Greatest country in the world? *****.
- Alprazolam, on 10/05/2008, -1/+20Financial pirates took over Wall Street, hit Main Street and then raided the U.S. Treasury. Where was Homeland Security when this financial Pearl Harbour hit?
- mcsenget, on 10/05/2008, -0/+19you say you want a revolution?
- depro9, on 10/05/2008, -9/+28Capitalism LOL
- Solkre, on 10/05/2008, -2/+20Wasn't there an article about some CEO being bludgeoned to death in another country? I image we're going to hear of a lot more of those, maybe in the US.
- mahadiga, on 10/05/2008, -2/+20If you kill one, you are a murderer.
If you kill many, you are a warrior. - ThePerkins, on 10/05/2008, -3/+20Really? The monetary system won't cut it's own dick off? NO WAY.
- inactive, on 10/05/2008, -4/+21There is no more ***** law!!! What pathetic excuse for it remained died on Oct. 1st with the military coup that began then. Bush has already threatened Congress with martial law if they didn't pass the bailout, and they waffled. That is martial law!!! NOW IF THOSE BASTARDS ARE GOING TO DESTROY THE LAW AND DISREGARD WHAT REMAINED WHY THE ***** SHOULD WE WORRY ABOUT ANY LAWS THEY HAVE WRITTEN? KILL THEM ALL AND THEIR PUPPET MASTERS WITH THEM!!! Do it now!!! Then we can restore the Constitution and Bill or Rights. If you think I'm over reacting, you are a damn fool, and will soon regret doing nothing.
Now quite your petty bitching over minor differences, arm yourselves, overtake military anti air weaponry (you already paid for the damn ***** anyway, assuming you pay taxes!!!), and FIGHT LIKE YOU LIFE DEPENDS ON IT, because it does!!!
Unite to fight!!! - meghalc, on 10/05/2008, -1/+18This is not the America I remember. This country is not for the people by the people anymore. Its been taken over by Greedy Corporations.
- meghalc, on 10/05/2008, -1/+18I believe that was Delhi, India. The CEO ***** the people over and the people took care of him.
- ProfessorRiffs, on 10/05/2008, -1/+17If you think any one person, group, or political party is to blame for our economical quagmire, then I welcome you to Wrongville.
- nomadxx7, on 10/05/2008, -2/+17@nortwatuppa
I have a pretty good solution that will cost approximately $50 to implement and it will be very favorable for the public. I suggest that we got buy a box of ammo (100/bx - $43.99) and then go to each of these companies and take out the executives at the top. 1) it will serve as a warning against those who wish to gamble with all our livelihoods and 2) will be more in tune to what the American people want and not what the financial sector is telling Congress THEY want.
Hell it already happened in India: http://www.timesonline.co.uk/tol/news/world/asia/a ...
(or maybe it was the police). Either way we need some FRICKEN accountability or this ***** is just going to keep happening. If you didn't get in trouble for stuff it gives you more resolve to continue what you're doing instead of reflecting on it. - inactive, on 10/05/2008, -0/+15First they were "too big" to fail. Now they are "too big" to prosecute. If a small company defrauded its investors by cooking the books, they would get hammered by the feds. But the big fish get to swim away untouched.
The problem is what is euphemistically referred to as "moral hazard". If the fat cats think they can get away with this, then there is no incentive for them to change their behavior. - badqat, on 10/05/2008, -3/+18Do you really expect Barney Frank to question himself?
- infinitus64, on 10/05/2008, -1/+16actually the largest funders of both parties are the same people/companies
- BESTenemy, on 10/05/2008, -1/+16 The uneducated mass will demand answers from the government. The government will do its best at channeling the hate away from the true cause of resource and capital allocation (from itself), onto somebody else. In pre WW2 Germany the government has destroyed the economy by devaluing currency to pay off WW1 reparation debts. While patriotic citizens that had put their full trust into government issued Deutsch Marks, the Jewish majority kept investing into gold. When the early 20's crash and hyperinflation occurred wiping out all of the fiat savings, the Jews were able to purchase businesses for pennies and emerge as the new wealthy class.
What did the Nazi government do? It told the citizens: "Look at who did well, while everyone suffered! It must be the Jews that caused the problem." It channeled the public hate to commit new crimes in order to cover up the old ones. The cause of hyperinflation and government manipulation in the market turned into: "The Jews did it!"
Our own government loves to point fingers. All it needs right now is a target. It could be an internal minority or an external threat. Illegal immigration, terrorism, what else? - predakon, on 10/05/2008, -2/+17Did we lose a war? That's not America. That's not even Mexico!
- santaliqueur, on 10/05/2008, -8/+22Blaming Democrats won't be too popular on leftist Digg.
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