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Saturday, April 24, 2010 10:21:13 AM
"The SEC"..........Does this surprise any of us?. They don't want to interfere with the sponsored corruption running rampant in the market when they themselves are all apart of it, like the former Ron Cox.
High ranking officials receiving a quarter million in government pay, or rather the taxpayers pay so they can surf porn sites during their 8 hour shifts, 5 days a week, at the cost of people losing untold sums from their investments, 401k's, and in some case their total net worth, guess nothing was learned from Enron, Tyco, World Com, Global Crossing just to name a few in the face of Bernie Madoff.
It was reported that one of them used up all their disk space, and had to resort to burning CD's to take them home..........it seems to be pretty wide spread throughout these government agencies.
Remember this? US Department Of The Interior
http://www.denverpost.com/headlines/ci_10428441
http://www.associatedcontent.com/article/1032720/scandal_in_the_department_of_the_interior.html?cat=9
If this wasn't enough, when the Rating Agencies started downgrading what they previously had rated Triple A, for their billionaire clients, Henry Paulson the biggest insider of all wasted no time asking for the bailout, to shore up the banks, Hedge Funds like GS, and other financial institutions balance sheets. He didn't do all this IMO without the full knowledge of being rewarded for it down the road, he, Bush, an Cheney thru direct or indirect means.
The Senate Banking Committee, The Senate, and The House looks to be every bit as foolish, and as incompetent as Mary Shapiro hired to be the overseer of the SEC.
As much a phony, as much a liar, and manipulator Greenspan has proven to be, and no less guilty many in Congress still praise him, and thank him for his service to this country. What a farce it all is.
When everyone is pointing their finger at everyone else, in the end no one will take responsibility, or be held accountable. If they were handing out academy awards for acting, everyone of them would have to show up to receive theirs, C-Span with its producers an directors would be in attendance as well. It would look like this as they arrived an walked down the red carpet.
........the Hollywood version looks similar.
High ranking officials receiving a quarter million in government pay, or rather the taxpayers pay so they can surf porn sites during their 8 hour shifts, 5 days a week, at the cost of people losing untold sums from their investments, 401k's, and in some case their total net worth, guess nothing was learned from Enron, Tyco, World Com, Global Crossing just to name a few in the face of Bernie Madoff.
It was reported that one of them used up all their disk space, and had to resort to burning CD's to take them home..........it seems to be pretty wide spread throughout these government agencies.
Remember this? US Department Of The Interior
http://www.denverpost.com/headlines/ci_10428441
http://www.associatedcontent.com/article/1032720/scandal_in_the_department_of_the_interior.html?cat=9
If this wasn't enough, when the Rating Agencies started downgrading what they previously had rated Triple A, for their billionaire clients, Henry Paulson the biggest insider of all wasted no time asking for the bailout, to shore up the banks, Hedge Funds like GS, and other financial institutions balance sheets. He didn't do all this IMO without the full knowledge of being rewarded for it down the road, he, Bush, an Cheney thru direct or indirect means.
The Senate Banking Committee, The Senate, and The House looks to be every bit as foolish, and as incompetent as Mary Shapiro hired to be the overseer of the SEC.
As much a phony, as much a liar, and manipulator Greenspan has proven to be, and no less guilty many in Congress still praise him, and thank him for his service to this country. What a farce it all is.
When everyone is pointing their finger at everyone else, in the end no one will take responsibility, or be held accountable. If they were handing out academy awards for acting, everyone of them would have to show up to receive theirs, C-Span with its producers an directors would be in attendance as well. It would look like this as they arrived an walked down the red carpet.
........the Hollywood version looks similar. 
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