Our Conure at 26 mos., "whats up", okay, thank you! :)
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If I were to believe his mission has been to save the planet from global warming I would pull up my skirt, and my bloomers, for now you'll just have to fantasize. He's betting with it alright he's got Obama on board with this cap an trade. He has alot of friends in high places listening an reacting, and supporters to sounds like.
http://www.cdn-friends-icej.ca/isreport/july01/history_palestine.html
Ideally I guess he would like it to become an Israeli/Palestinian State.
Excerpt
Keep in mind that the Arabs control 99.9 percent of the Middle East lands. Israel represents one-tenth of one percent of the landmass. But that's too much for the Arabs. They want it all. And that is ultimately what the fighting in Israel is about today . . . No matter how many land concessions the Israelis make, it will never be enough.
Netanyahu says exactly what he means to say, he holds no punches, with good common sense he speaks the truth, something our govt seems to have a hard time dealing with. Israel has not been the aggressors, and no matter what they have tried for peace, no matter what concessions they make its never enough. The reason the Palestinians want it all, and they are getting plenty of terrorist support from Iran. What Obama fails to realize that part of the reason they're so hated is because of their alliance with the US. The country they love to hate.
The one person he should have given a real ear to was Netanyahu when he was here instead Obama insulted him in giving him the cold shoulder. The one man he may have wished he had listened to one day, no one has a better grip on Iran an the Middle East. The man he may need on his side one day. Its hard to imagine he treating Obama the way he was treated if he would have been visiting Israel. No invitation to even an informal dinner. Obama needed a quiet time with Michelle, either this or there wasn't enough food an drink to go around. What in fact he wants is for Israel to give up its land, like we have to the illegals here.
Not long after he hosted a Seder at the White house. In light of it all I believe its only a smokescreen.
How much did the plaintiffs receive from the Exxon Mobil disaster?
The damage assessment, and the initial award was for $5B. This is what its been reduce to and how long they tied up in the courts. http://www.adn.com/2008/07/15/465332/exxon-maintains-it-doesnt-owe.html
This represents 32000 people who will receive approx $15,645.
Exxon Mobil reported a profit of $38B a few years ago, and again the next following year. More than any company in the history of the world. To put this a little in perspective, the award will be less than the compensation package its Ceo will receive over the same time period since the so called accident occurred. Its labeled an accident. An accident by its very nature is something that could not be avoided, something unforeseen. Like the Titanic, this to could have been avoided. It didn't have to happen!.
We'll have to wait an see how BP handles this catastrophe?. If they are better than EM?, and what crucial role the Fed will play in all this?. Its hard to imagine the allowance of any new future oil rigs going up and drilling in the Gulf after this, but even this will not deter other oil companies pushing so they can make billions more. Nothing is gonna stop the increase of what we be paying at the pumps in the future. The market after all needs direction again, and oil is money, and its need to support their next big thing,,,,,,,,,,,,Their Green Scheme.
This is how the high court works, and how justice is served up when it comes to their support of publicly traded corporations, the reasons why there is so much abuse. Its not surprising. Imo it largely depends on the influence Washington peddles to the Supreme Court in its decision process. They wield alot of power, and use it to support the administration they are in support of, in particular those who get nominated by the administration in power.
A different era, but
What did the Supreme Court do to enforce the decision it reached when Andrew Jackson was president when it sided with the Cherokee Nation that they could remain on their land which encompassed several southern States?. Not then nor even after his death did they ever do anything to enforce their decision, and he did it with an army and the point of a gun. Not one damn thing, as he said they would. In fact he should have been arrested and then impeached. We know this today as the Trail Of Tears.
Goldman Sachs,, founded in 1869, describes itself as a "a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals."
http://www.sourcewatch.org/index.php?title=Goldman_Sachs
More than anything else it calls itself a Market Maker.
Agree. He needs to be addressing the pollution of the earth, and its global impact on the land, and our oceans, caused primarily by both private and publicly traded corporations, and the contributions made by both State and Federal in adding to it.
Just to comment on a few, look what mining has done, all aspects of it, whether it be for gold, an silver to uranium or coal. Oil or nuclear waste. The devastion caused by clear cutting, and logging has nearly wiped out our forest from coast to coast, and with fewer trees the more Co2.
I wouldn't want to eat a fish out of the Great Lakes, nor would I drink from any natural spring. The same pollutant Mercury is not just found in these fresh water fish, but even Whales. If its not this chemical it could be any number of various chemicals thats been dumped in our waters.
We have no idea whats being emitted into the air just from dump sites?.
When everything imaginable has used to fuel the market an wall street, dot coms, oil or the trading of mortgages, something is always being devised for the next "Big Thing". The Green Scheme is just around the corner, and the rising in oil prices will be its biggest contributor for its boost the very same people will be playing both sides of the fence. How many are talking about planet green?, everything is green?,those behind it plan to make billions off this next big scam with little help to any cleaner air quality.
The Prince of BS Al, and all that it buys.
http://newsbusters.org/blogs/noel-sheppard/2010/05/03/stunning-pictures-al-gores-new-9-million-mansion-media-totally-ignore
Tea with your orderves anyone?. The water temp is regulated by a 5 million watt thermostat probably, and the water pump for that fountain runs night an day:). He shouldn't be burning those lights before dark.
By Noel Sheppard (Bio | Archive)
Mon, 05/03/2010 - 23:45 ET
Nobel Laureate Al Gore purchased a $9 million mansion in the luxurious hills of Montecito, California, recently, and with the exception of the Los Angeles Times and Fox News, America's media couldn't care less.
You think it might be because the Gore-loving press wouldn't want people to consider the possibility that all of his global warming hysteria was really about lining his wallet and not saving the planet?
Formulate a response to that question as you look at what all that money the former Vice President is making off of spreading this myth can buy
Read more: http://newsbusters.org/blogs/noel-sheppard/2010/05/03/stunning-pictures-al-gores-new-9-million-mansion-media-totally-ignore#ixzz0n5nNkpvj
Good Post.
Military chieftans who are now retired, or will, from the DOD whose connections would lead them to take up another calling. They become lobbyist.
http://www.nytimes.com/2010/04/24/us/politics/24immig.html
The problem with our illegal immigration laws is that we have no
illegal immigration laws. At best are filled with so many holes that a truck or better yet a military could come through its wall.
Many a country who wants to maintain their sovereignty, and security other than our own advertises the risk associated with crossing their borders illegally through whatever means. If this is what it takes to keep from breaking its laws it obviously works.
It would be fair to say that any country that has as many as 20 thousand illegals equals more than 2 armies. Obama had issues of sending 20 thousand more American soldiers into Afghanistan if I remember the number?, for reinforcement, but for the ones already there who've been fighting the battles its a welcome relief. The Brewers Stadium can accommodate 50 thousand so this is less than half but yet 20 thousand is still alot of people, or soldiers. To put it in perspective Approximately 3000 men, 3 battalions + one support and 3 Brigades will make one Division, 3 divisions makes one Corp...., 3 corps = one army. Today can be hard to come by to serve on the battlefield.
Then put 12 to 20 million and possibly more illegals who have taken up some kind of residence here into perspective, guess we need another State just to support the numbers here an coming. an Its an out of control situation, and growing, the repurcussions are felt nationwide. Just look what its done for California, Arizona, an Florida, just to name these 3. Its staggering. No end in sight. Under Johnson an untold number of Vietnamese gained citizenship due to our engagement there. A failed attempt by France to gain control of that countries resources, and to make up for the harm received the kind of benefits most Americans returning from the war could not get. Carter took in 50 thousand criminals from Cuba while in office. This doesn't include all the Haitian refugee's other administrations have let in.
There are people here from all around the world the government has lost track of so it does beg the question whats wrong with the American Govt when its failed on all fronts to protect American people from these onslaughts due to its mistakes of involvement, the kind we are witnessing on the streets of DC by day, and crime ridden at night run by gangs the problem he, and others the others in Washington should be addressing, like his crime ridden streets of Chicago, by non other than an elected official who happens to be hispanic, one who was sworn to uphold the laws of this country and to protect it from foreign invaders, and a fellow Chicagoan. What else can it be called?.
http://www.hispanicbusiness.com/news/newsbyid.asp?idx=190337&cat1=news
http://www.amren.com/mtnews/archives/2009/10/congressman_gut.php
Anything for a vote!!!
The never ending story!!!.:)
RA was a busy guy, and usxp has been one busy used publicly traded company for perpetuaing fraud.
News tidbit**** Utah Brokerage/unregistered sales of securities.
The things that happen all the time in this sector. Here we have a corrupt pink sheet non-filer, who is selling unregistered securities.
http://www.sltrib.com/business/ci_14978214
Look! If Berman thought he had a project to make money, would anyone believe it would go back into the company?. Would anyone believe that he was doing this make investors money?. Would anyone believe that he would need or even want a pinksheet if he could makes millions?. His guise is to use this pink for all its worth. Next question would be who would buy any of his limited production?. The scale he conjures up is miniscule.........its one farce after another. Its just another front.
Investors is his means to rape investors so he can rake in as much as he can for himself, and maybe his co-conspirators. If he cared one iota about investors he sure wouldn't have done all that he has. Just look at the A/S and how many 504's and now unregistered certs he's sold. Everyone who ever invested either lost their money, or their money and their holdings........if a person can even trade this a make a profit would be surprising, the House odd are against it.
04/28/2010 4:44PM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
04/12/2010 6:02AM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
04/01/2010 1:08PM Russell Industries Update
03/23/2010 6:01AM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
03/03/2010 10:01AM Russell Industries Update
03/01/2010 6:04AM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
02/01/2010 2:06PM Russell Industries Meets First Milestones
02/01/2010 6:01AM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
01/06/2010 11:23AM Russell Industries Pilot to Scale Project Update 01/06/2010 6:01AM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
12/08/2009 4:43PM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
12/08/2009 12:11PM Russell Industries Obtains Lease
12/02/2009 12:12PM Russell Industries Pilot to Scale Project Update 12/01/2009 6:02AM Small Company Offering and Sale of Securities Without Registration (D)
11/10/2009 7:01AM Russell Industries Begins Pilot to Scale Project
11/09/2009 1:08PM Russell Industries Closes $1M Private Financing
10/27/2009 6:01AM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
10/02/2009 2:04PM Amended Small Company Offering and Sale of Securities Without Registration (D/A)
09/23/2009 12:30PM Russell Industries Engages Business Consulting Firm
09/02/2009 2:32PM Russell Industries Renews Uranium Unpatented Mining Claims
RIND's Headquarters-Rick Berman's house.
http://www.zillow.com/HomeDetails.htm?zprop=67670098
This is the headquarters for exploring new horizons. "His".
I think it would be fair to state that he paid off that mortgage with investors money.
http://img444.imageshack.us/img444/3597/russellindlogosw6.jpg
When Berman created this "so called" incorporated "Holding Company", investors were suppose to be included as holders of any purchases or acquisitions. Shortly after he concluded the 504 he acquired another bankrupted pink that I've noted which later became AUMN.
When investors inquired about it, and his plans for issuing divvy's which should have occurred, in his own words, this is how he responded........"If anyone wants shares they will have to buy them!". When he was questioned about the million from the 504D, and its conclusion of where that money was supposed to be used, the project was for the Payday mine, his response was, "This was his company and he would do with it what he wanted, everyone else was along for the ride!"..
He acquired this pink for the sole purpose of duplicating what he had done with Russell. He filed an additional 504D. One for Russell and one for AUMN. His second scam. He claimed AUMN had 68 mines, but no one could validate this nor where the mines supposedly came from. He eventually sold his shares into the market from a $1.00 share + and took its pps down to a penny or less. Its hard to tell just how money he's raked in for himself over the last several years, but a million an more would probably be close to accurate. With all the o/s shares he's issued it could be two million, who knows?. Investors never have, and never will see a return on any investment with him, its all about Rick Berman, and his mate.
It would have been illegal for him to use funds from Russell and acquire AUMN, and investors not be issued divvy's. Nor could he use any money from Russell for AUMN. This at the very least would be a conflict of interest.
Here is what Berman paid for 33 holes, rather 33 acres. Less than $30k. He did this to appease the NASD Letter. He had to show he was doing something with the Million. Mind you he paid himself $350,000.
http://img267.imageshack.us/img267/9149/expreclcont7vn1.jpg
http://img267.imageshack.us/img267/773/expreclcont8gz4.jpg
http://img267.imageshack.us/img267/7788/expreclcont9tk9.jpg
Its nuts. Arizona has become the kidnap capital of the world, and it all stems from the activity south of the border. We keep hearing that the reasons so many come here are for jobs, in particular in agriculture. Lets see here?. Its estimated that there are 12 to 20 million illegals, the govt's estimates. Its plausible that there could be 50m. Our population has jumped from 300m to 350m in relative short period of time. I don't know if these figures come from the Census Bureau or not but this is suppose to be the number. If these are legal numbers maybe we're at 400m an counting. Whatever the case, 12m or 20m is alot of agricultural jobs. This would be 4 to nearly 7x the entire population of Chicago, or 1.5 to 2.5x that of NY.
Are the illegals on the Census list?, did they get Census forms?. Whats the point of this if there are so many illegals?. The Fed, and State govts take care of them even though they are not a part of the Cenus. For sure the govt knows as much about the rest of us as we do about ourselves.
Its hard to imagine, but gangs have spread from Anchorage to Miami, most of California, to Maine. 115 gangs in Anchorage alone, and the number of untold murders left in their wake would stagger anyone. Whether its Obama, or any politician who states, thinks, or believes that the illegal immigration problem is not a threat to this nations security needs to look at the facts. Obama said he will not tackle the issue this year. Like the past presidents who haven't tackled it?. Not for decades, so whats another year?. Why risk the loss of hispanic voters?
Until they stop this problem they will never ever ever get a handle on this gang activity. It may be way way late already. Its Mexico, South America, and in Miami its Haitians among many of the black gangs, the bloods, crypts etc,. but with our lax immigrant policies the numbers become more exacerbated. These gangs are growing exponentially. The law hasn't been able to conquer it own home grown terrorist, and for decades now have contributed to this out of control national problem, while continuing to allow this to get bigger an bigger, and imo a much bigger threat than anything abroad. The question politicians need to be asking is to stop the hemorrhaging before every community, every street is a danger to walk down at night, and in many cases during the day.
:) Yes!. One of his primary functions would be to make sure he visits at least several of the yards everyday just to keep him on his toes.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=oB93RY5QfMHVH1amUBTssA%253d%253d&nt7=0
Financial Information
No Par Share Count: 0 Capital Amount: $ 30,999.00
Par Share Count: 29,999,000,000.00 Par Share Value: $ 0.000001
Par Share Count: 1,000,000.00 Par Share Value: $ 0.001
:) Yep!. First, make sure you finance it for more than double its actual worth, maybe triple, an then make sure its bundled into a CDO, then then buy a CDS policy for that amount. Then wait for this next strategy of Berman's to fail. You'll know this because he will have something new in the pike, like gold or silver mining since he's already tried oil. In the end you'll still have twice the money you financed, plus the payoff on the CDS. You can then use that money to pay off your loan, have a mortgage free an clear, and enough profit to buy your own pink sheet company outright, a new Beamer, and money in the bank.
Here's some thought provoking information -
The next time you hear a politician use the word "billion" in a
casual manner, think about whether you want the "politicians"
spending your tax money.
A billion is a difficult number to comprehend, but one advertising
agency did a good job of putting that figure into some perspective
in one of its releases.
a.. A billion seconds ago it was 1959.
b.. A billion minutes ago Jesus was alive.
c.. A billion hours ago our ancestors were living in the Stone Age.
d.. A billion days ago no-one walked on the earth on two feet.
e.. A billion dollars ago was only 8 hours and 20 minutes, at the
rate our government is spending it.
While this thought is still fresh in our brain, let's take a look
at New Orleans! - It's amazing what you can learn with some simple
division ...
Louisiana Senator, Mary Landrieu (D), is presently asking the
Congress for $250 BILLION to rebuild New Orleans.
Interesting number, what does it mean?
Well, if you are one of 484,674 residents of New Orleans (every
man, woman, child), you each get $516, 528.
Or, if you have one of the 188,251 homes in New Orleans, your home
gets $1,329,787.
Or, if you are a family of four, your family gets $2,066,012.
joe there's alot of stuff, and when possible I will post what is possible. Some but not all of Bermans foot prints.
Joe Canouse was an accreditor with Berman and Russell, and AUMN now listed under another symbol FTCH, and a new Ceo following the bankruptcy proceeding, and Joe is the President, and this is something to note : Richard Berman Exec officer.
http://finance.yahoo.com/q/pr?s=FTCH.PK
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ftch
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=23719
Company Notes
Formerly=American Uranium Mining, Inc. until 9-2008
Formerly=Ithaca Industries, Inc. until 7-07
Note=11-96 Court confirmed Plan of Reorganization under Chapter XI of the Federal Bankruptcy Code & company emerged from bankruptcy
He is also the Ceo of TRSI
Berman became a board member of Trsi prior to Joe taking over the company, Berman was planning on making a play with merging the 2 until things really turned south from investors sentiment on Russell, when this occurred Berman became a non board member of Trsi, and Joe must have been an accreditor with that company, one day that Ceo was gone with any money he got from the 504. It could very well have been that Jpci sold that party the symbol, or financed him, and all the claims the prior Ceo made was bogus........it involved oil property that was being developed.............it never had anything .
Here's some insight into Bermans mentality. This is his own words when he got upset about with a poster who had the goods on him from prior experience a year or so earlier. If you look at the highlight he pinpoints what he was after. Not for investors to see gains, but himself. He has no intent of allowing investors to see any returns on their money, because he not wants their money, but using his MM in a unique way to get their money by reciprocating their buys with selling into them with his ever present 504D's, and now with the use of non registered securities to his buddies or partnere in crime since no one else will bite. When he sells these certs he sells them for a price way way below any bid a retailer on the open market pays. Never more than .0001, and even lower in blocks. If a retailer wants in the ask will always be higher than what Berman is selling to his friends for. He cares less about the O/S count, its whatever it takes to rake in for himself at everyone elses disadvantage.
The company should rightfully be named - Bermans Piggy Bank. Deposits welcomed. He uses a beater account for money transfers, and then does whatever he does with it?.......new cars, realestate, vacations, etc etc.
Bermans e-mail to a former investor
Thanks for the info. I will forward a copy to my attorney and NASD Market Regulations. This guy must be a tool for someone as he is obviously not a player himself. Regardless, you guys should know by now not to get sucked in by this idiotic and false rhetoric. The reason this guy keeps coming back is he continues to find an audience on your board. If you guys would stop giving him a platform he would stay away. My advice delete him forever, he is small potatoes and does not affect the groups that move RSDS volume. They know better.
"the groups he is referring to here are the Ihubbers"
This goes all the way back to 2007. NASD changed to FINRA.
A number of us compiled alot of legal information in addressing this regulator. The same information was furnished to the SEC. In spite of it all look where he's at today. Having raked in all this money Berman openly admitted that those mines were worthless. In conjunction with this he stated the cost of mining far exceeded what he raked in so he intended to do nothing. He never intended to do anything. He just didn't learn the cost of such an operation after pulling in more than a million an then paying himself $350,000 from that 504D. 1/3 of it +++++. for a year of he sitting his butt in Texas and at home. A nice chunk of money for running BS PR's.
To top it all off he has sold a gazillion shares more, and not once had he ever got the kind of lab work done he eluded to as to why he needed to raise money on this particular 504D
Never was there any real follow up from this regualtor. He in my opinion needs to find another job when he saw the end result and all that Berman had done and was continuing to do at the close of this 504, if you ask he should look at himself as foolish considering the scam Berman pulled on him. What followed after, and what continued when he filed another. We can lay things in their lap, just like what was done in the Madoff case, and years beyond that he continued to rape investors in his fund. The SEC looked like an irrelevant bunch of idiots during those hearings when we learned than they had been informed on more than one occassion that he was running a ponzi, and they just looked the other way. Guess the porn sites had them tied up.
Letter to Russel Industries from NASD:
Dated: 03-14-07. Posted 04-21-07
Great oversight by the Nasd. This is official with their letterhead and phone numbers.
http://img103.imageshack.us/img103/3433/rsdssi3.jpg
Ain't it the truth!!
Let me see if I got this right.....
. - IF YOU CROSS THE NORTH KOREAN BORDER ILLEGALLY YOU GET 12 YEARS HARD LABOR.
. - IF YOU CROSS THE IRANIAN BORDER ILLEGALLY YOU ARE DETAINED INDEFINITELY.
. - IF YOU CROSS THE AFGHAN BORDER ILLEGALLY, YOU GET SHOT.
. - IF YOU CROSS THE SAUDI ARABIAN BORDER ILLEGALLY YOU WILL BE JAILED.
. - IF YOU CROSS THE CHINESE BORDER ILLEGALLY YOU MAY NEVER BE HEARD FROM AGAIN.
. - IF YOU CROSS THE VENEZUELAN BORDER ILLEGALLY YOU WILL BE BRANDED A SPY AND YOUR FATE WILL BE SEALED.
. - IF YOU CROSS THE CUBAN BORDER ILLEGALLY YOU WILL BE THROWN INTO POLITICAL PRISON TO ROT.
. - IF YOU CROSS THE U.S. BORDER ILLEGALLY YOU GET................................
1 - A JOB,
2 - A DRIVERS LICENSE,
3 - SOCIAL SECURITY CARD,
4 - WELFARE,
5 - FOOD STAMPS,
6 - CREDIT CARDS,
7 - SUBSIDIZED RENT OR A LOAN TO BUY A HOUSE,
8 - FREE EDUCATION,
9 - FREE HEALTH CARE,
10 - A LOBBYIST IN WASHINGTON,
11 - BILLIONS OF DOLLARS WORTH OF PUBLIC DOCUMENTS PRINTED IN YOUR LANGUAGE,
12 - AND THE RIGHT TO CARRY YOUR COUNTRY'S FLAG WHILE YOU PROTEST THAT YOU DON'T GET ENOUGH RESPECT.
I JUST WANTED TO MAKE SURE
I HAD A FIRM GRASP ON THE SITUATION...
:):) LOL!.
Ya know its truly a revelation. Before all this stuff occurred in the market, I made reference to where this market was heading. Not only to Finra, not only to the SEC, but to our State Governor, and a few members of Congress. I emphasized the recurring things in the OTC market, and the hundred of millions of lost investment money in the OTC to retailers just in a span of 5 years and it may be more realistic to state billion(s) with a 10 year time frame based on the activities of these crooks utilizing 504's, and S-8's filings, among the various other filings, and the selling of non registered securities. This sector has more than 20,000 companies, and at least 6500 that actively trade, so these figures are not exaggerated. This legal corruption feeds thru the rest of the market like cancer.
Who would have guessed that the OTC market would play such a significant role in taking down world economies, along with major companies, and banks worldwide?. This is and has been the back alley for the selling of CDS insurance in particular AIG. Goldman Sachs, Lehman, JP Morgan, Bear Stearns among the many other have patronized this shady establisment.
Whether its the seniors or here where companies do not even have to file on their activities companies are being used as ATM's, or better said, their own piggy banks. Here lies the major legal corruption. There are more ways than one these people loot companies who either employee them or they themselves have founded. It may be independent, or a partnership, they richly reward themselves with stock investors hard earned money. Its done with certs, stocks, stock options primarily and the use of market makers to do their bidding. Until this is "Banned", "Barred", thru Congress and enforcement thru regulatory agencies expect more of the same. This is the root of the corruption, and from here it can be expanded upon.
These people are no better than anyone else who is expected to
receive a paycheck from the companies that employee them. People have to show up an earn them to receive one, and so should they, in paycheck form only.
There are also ways and means of reeling in the activities from Off Shore Hedge-funds, and the ends to their means of being able to short on borrowed stocks, and naked shorting on any an all instruments such as derivatives, barring this activity since putts and calls already exist. Last but not least there really needs to be some regulatory reform on Market Makers, and the need for real oversight over them so they cannot either manipulate, nor personally trade on their inside information, which they do!.
Ya know there are just some common sense things that Congress can do to eliminate this racketeering, and then make the jail sentences longer, and fines bigger for all those who want to break law. Not everything is within their power to do. They cannot regulate what Ceo's an key execs can earn, for this shareholders need to have a voice, but they can pass legislation putting new restrictions on shares that give them control of the company, and then in addition to this eliminate pay thru stock, an options. If these people want to own shares outside of these then they should have to buy them like everyone else, "on the open market". Anything short of this will eventually lead us down this road again, and next time it could be truly horrific.
Not one, not one person working within a publicly traded corporation is worth a multimillion dollar paycheck. Just give a little thought to how much money $5,000,000 is in annual salary. Its staggering. But this is pocket change for most, and for us its hitting the lottery. When we see the exorbitance of some of these pay packages, plus their severance even if they only serve short term is absolutely insane, and it feed that greed, and it matters less if the company(corporation) fails or succeed.
Reform is just a word unless the Congress working with the President has some real teeth. Teeth like a chain saw.
Good luck to ya clever. Better you than him.
Give me a little time joe I'll see what I can compile for you okay?........it may or may not be today but I'll get back with ya.
For the few, even the likes of Goldman who strategically attributed their contributions to the cause of The Great Depression, and came out of it richer, bigger, and stronger,
http://towneforcongress.com/economy/can-it-be-any-clearer
and probably will again unless the firm now believes its played its last big hand, and comes out of this SEC Investigation unscathed having been charged with fraud. If history teaches us anything in the past they've been fined, and forced to give a little song an dance, and then were back at it again. They may have gotten a little singed from their unscrupulous behaviour from the sub committee for dealing from a stacked deck, but more often than not this has been it. The top execs were ridiculed for them playing card games in their secret back room where GS created these synthetic derivatives, and showed their cards to one another including John Paulson, who in turn showed his.
After hours of smoking an drinking in (la la land), the intoxication led then to do it. No one seems to remember that those sitting on the other side, because they weren't invited, chair form only, they were dealt hands but were being shorted cards, they had no idea what the others were holding, because they weren't really playing.
Some of the money they were playing with they pulled from the till which belonged to people who weren't invited to the game, but their money was used to leverage the other side of these bets, and knew nothing about this secret back room, or the kind of fixed, rigged game that was being played, but none the same were prominent stake holders whose investments were being shorted away.
Like this is something new!. The Congress allowed deregulation to persist for decades, this can be traced back to the S&L's, and all this has grown out from than that, just like the 87 crash, just like the dot coms., the cancer we've been witness to is malignant. The Offshore Hedge Funds control half of the market here and in London, and these 6 large Banks now control 63% of our economy (GDP).
This may not be England, and we may not have a King, or Queen with total absolute power, but we are getting there. Tobacco was once used as currency, now its a form of taxation, or drink, because its so sinful, like those in our State legislative body or in the US Congress have the kind of morals we are suppose to live by, because why, because they do neither? Right!. Those that do the ones we hear about from being stopped DWI coming back from some wild party can easily afford to pay for their sins, without creating a record, just depends who they know?.
Oil is the new currency.
Who benefited the most from war back then, even now for that matter, whose armies died for their sake, and gained them untold wealth, kinda like whats going on today, and if not this it came off backs of its common people from uncontrolled taxation, kinda like now.......................England may have lost alot of its sovereignty abroad, and power but they still have this government to build on, and its been unfolding under our very eyes. Different costumes, different players is all.
Viva La France! :).............
Nah! couldn't wrap my arms around them either, considering their history.
One Shitty Deal!!
http://firedoglake.com/tag/financial-industry/
joe some things I have are filed on pdf. I've been unable to copy but I'm still working on it. I can email the attachment. If you know something I can try to copy let me know.
I do have some other things I can post.
Yep!. Berman offers 2.5 certs for every man, woman, and child on Planet Earth. This way everybody gets a piece of the action, all $500.00 of his substantial generated revenues??? from the millions he's been allowed to rake in by the SEC, bar none, and the infinite number of complaints submitted to the various agencies, and no one is standing in his way allowing his continuation of using this scam as his personal piggy bank. Every American should have at least one of these, its as good as any printing press for currency. A business model drawn up on paper, a $5 or $10k deposit on a pink, a back door entry, and then crank up the Printer, or better yet go to Kinko's, file a 504D, hype a few PR's, and wait for the money to flow in, daily, weekly, an monthly..........capitalistic corruption with a touch of perpetrated fraud, and with few more ingredients added to the mix produces the smell of success, regardless of how bad the meals are or however rancid the smells, he and those like him are still allowed to serve it up to the public.
All the things the SEC has been notified of over the last few years from people just like us has come full circle. We have publicly witnessed the disgrace. We knew some day it would blow up in their faces, and in spite of it all they are still not listening. It was no surprise to the rest of us. GS an their shady deals, with all this offshore corruption thats allowed to continue, given time it will reoccur an next time it may bring this country to its knees. What they need to do is spend time on this as opposed to surfing porn sites on the internet.
Lets hope he mixes the right chemicals!. No one could be more deserving. The govt needs a place for these people, unlike the country clubs. First they need to stop categorizing them as white collar crooks, and eliminate this law which gives them special privileges, mainly separated from the rest of prison population. They undoubtedly deserve to be there. OR, consider the use of Devils Island owned by the French. The jails are a little run down today, but more than accomodating for people like Berman, and his kind. No restoration is needed other than making the cells secure in case they are inclined to sneak out at night. If these prisoners want a little better enviroment they can clean it up.
http://www.crimemagazine.com/PrisonsParole/devilsisland.htm
I guess its a tourist attraction today, but there must be something in South America or off our coast that would fit the bill.
Can you describe to the rest of us in so many words, use as many as needed what it is?. Other than the notion that Berman plans to make you or any other investor any money, even a one percent return?. You can be rest assured of losing every dime!. After he does this he will take every cert your holding from a r/s while your waiting to see some kind of return. He may leave ya with one., to not be to overly greedy!. Not really, it would be hard for him to get every one of your certs. In the end he we say, "Safe Harbor". Something that doesn't even apply to pinks.
But its something he hides under. Like the sofa Jim Baker hid behind when they came an got him.
Whether its an indirect come-on thru his PR's, or he sending out emails to people to invest, at the heart of it is blatant fraud. He never has produced anything, nor will he, and even if it were plausible it wouldn't be to make investors money, only he an his conspirators, along with taking their investments, he has never followed thru with any of his promises to make people money who trusted him.
He has lied any number of times, more than not, like every-time he breathes a word, about his true intentions with what he does, and will do with investors money who give it to him for certs that are more worthless than toilet paper,at least this we can all use, less people prefer using the weekend flyer's offering up sales that are well overprice to begin with or items that are obsolete, like every new market trend he uses in his efforts to con people.
Any money people put into this he siphons out for himself, and his mate. He's a con, always has been, and always will be till his day comes. Can you imagine he running a 504 begging for money to get a mining operation underway, money he promised to use to and for the company, money he stipulated would go back into the company and its operations, and then pay himself a salary equalling one third of its total?.......in this case $350,000.00
A 504 allows for a pink to raise a million in a year, and if a person has the gaul to take investors money from the company that has yet to earn a penny should tell ya everything. But this was just a portion of what he really raked in for himself and his spouse, who is obviously no better than he is. He didn't even make any trips out to the job-site more than once or twice, and his home hundreds of miles away if not a thousand, but he did take money for travel,leisure, and accommodations. For the rest of us this might mean a vacation.
He raked in a million, and from this he claimed to generate $500. in revenues. Anyone willing to bet on his leadership as a real businessman should be willing to let go of their money to him.
No one but no one has been able to learn where the $500. came from?...........With a million a person should be able to make a million, and a whole lot more, even if its selling manure, if one has any business sense, which he claims to have. I wouldn't bet to much on this either, but one can't if they are using the money to support their lifestyle can one?. He's a con man, a fraud, a shyster, a crook, a liar an thief.
The Busted Homes Behind a Big Bet
http://finance.yahoo.com/loans/article/109380/the-busted-homes-behind-a-big-bet?mod=loans-home
The timing of all this was no accident. It was put together.
Goldman e-mails show how crash turned into cash
http://finance.yahoo.com/news/Goldman-emails-show-how-crash-apf-605910361.html?x=0&sec=topStories&pos=3&asset=&ccode=
Absolutely. I believe one of these sex deprived individuals was paid $285k, makes one wonder what else they were using their offices for?. Its unfathomable that any of these individuals given these kind of responsibilities could be this foolish?. Not only foolish but reckless. The SEC is a stepping stone for the many they employ.......
.Wall Street Firms love to hire people from that agency........"can't imagine why?". Lawyers who they employed, and then leave to work on their own use the knowledge they gained at the SEC to structure all kinds of deals, not limited to reverse mergers, and putting together shady enterprises in the OTC market. It can be very lucrative for them, even owning pinks for themselves. They know the ins and outs, and former employee's who can help them on their quest............
We surely can acknowledge why the SEC professes to have lack of resources, and why they are not protecting the public from fraud, and would be crooks..........
When we hear that these were just a few bad apples of the thousands who the SEC employee's, (Really?), then what about Madoff?, what about Stanford?, which went on for years. Think some didn't know?.
We even heard that some of these enforcement individuals felt intimidated when it came to investigating them, or others like them, since they had so much wealth, and power............GS would fit that bill, and many many trading firms like them. Kinda like the cop afraid of stopping someone in a luxury car even though they blantantly broke the law..........Its sounds like Nutsville.
What about the shady deals occurring in the OTC market with these CDO's and this CDS insurance?........these were bets, placed bets with the odds in their favor, and the reasons why?, the deck was stacked against the borrowers of these home mortgages, and the players made it possible. How can we know this?, the very loans that were being made were being bet against in the same time frame. What came first, the chicken or the egg?. It appears the Rating Agencies downgraded first, then one domino fell, then the next........
Hedgies made millions, even billions for themselves. Lots of companies who structured those mortgages then sold them to Wall Street, then Wall Street sold those toxic assets all over the world made hundreds of millions..............and even after it collapsed we learned that many who were behind this stuff were still getting paid millions, and bonuses, even up till today, and alot this came from, you got it!, Taxpayers Dollars.
More than this taxpayers paid for their lavish parties, and high end resorts. These were jubilees of intoxication having learned that no matter how corrupt they were the government at taxpayers expense would come to their rescue........paying off their bets and giving them the kind of liquidity which allowed for even more of this behavior.
The Congress along with future presidents should have heeded alot of things he said...............This country went thru some dramatic changes since Eisenhower, and much of it not good.
One the first things Kennedy got us into was the bay of pigs, the next was Vietnam, and in a very short time frame. He an Bobby got in because of Joe Kennedy, a person America should learn more about. He gained his wealth thru illegal means, and used the mob to help get John elected, but there is much more to know about him, and his first son Joe.
All we have to ask, are things really better today?. Things were the best this country experienced after the war, and during his term........the like we will probably never see again.
Just look at this illegal immigration problem, and Mexico, and the MS-13 and how far south they traveled to come across our borders. Many are more into selling drugs,controlling turf, murder, and robbery than picking apples. Gangs have proliferated throughout the country, and in large numbers.
Amnesty is crazy.......we need to seal our borders, and make it a crime for anyone to hire an illegal, and anyone who is stopped by the police who is latino should at the very least be able to show a birth certificate, like their green card, if, an when these kind of laws go into place?......chances are they never will.
It sounds like our infrastructure has been really neglected since Eisenhower, our government been to busy getting involved in things that they shouldn't have, and spending money hand over fist for those kind of things, and in other countries rather than our own.
The story continues huh?
Its not about the democrats, or the republicans, they fight just to fight, they hate each other, or whoever has the power. Who ever has the power can get way more done for their lobbyist friends.
Its about us, the American people, vs. those damn politicians.
If your a registered Independent in some States, and the incumbent turns out to be a Republican or Democrat, you can't vote..........figure out how this all works with the Constitution.........I don't know the entire story, but wouldn't it be fair to say that if your a registered republican, or democrat the same rules should apply if the incumbent turns out to be something other than a democrat or republican?.......its crazy!
This not the way things are suppose to work in a democratic society.