Simply Politics & News

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The Republican party wants to reduce the SEC's workforce by 600. The agency should be eliminated, and a new strong enforcement agency needs to be created something like the KGB. If the SEC did what it should, and working with Congress toward "Real" financial reform the kind of stuff we've witnessed on more than one occassion wouldn't happen again. But as it stands the likelyhood of something like it, or worse occurring again is very likely. Nothing has really changed, its business as usual with Wall Street, and publicly traded corporations making the rules. Other than Bernie Madoff whose been indicted, and whose going to jail for all the corruption in fraud?. Who within Goldman Sach's, Aig, Citi Bank, Lehman's, JP Morgan, Bank Of America, Bernie Madoff the one big scapegoat, like Saddam was responsible for 911. One caused the financial meltdown, and the other the terrorist of the world.

Take this slap on the hand for acting up, and being such bad boys!http://www.publicbroadcasting.net/njn/news.newsmain/article/0/13/1761896/Top.Stories/SEC.charges.ex-IndyMac.execs.with.fraud

http://thehill.com/blogs/on-the-money/corporate-governance/101107-sec-fines-diebold-25-million-for-using-fraudulent-tactics-to-inflate-earnings

http://www.punchontheweb.com/Articl.aspx?theartic=Art200812272452445