Yesterday we broke the news of what is prima facie evidence, sourced by none other than the Federal Reserve’s official August 16, 2007 conference call transcript, that then-NY Fed president and FOMC Vice Chairman Tim Geithner leaked material, non-public, and very much market moving information (the “Geithner Leak”) to at least one banker, in this […]
Tag Archives: Corruption
If there is such a creature, the Devil could not have conceived of a better tool: Toxic shame. The shame of secrets, the shame that makes people weak and manipulable. The shame that poisons mind and corrupts. The shame that makes you hide and separate from others. The shame that makes you want to forget […]
I used to be a good little citizen. I actually thought that my tax money went to pay for things that served all of us and I was willing to pay that price for the common good. That changed when I began to research our financial system and the way banks create money they loan […]
The worst thing that can happen to any government is for reporters to report on corruption and other misdeeds the government perpetrates on its people. In order to avoid that governments throughout history have been declaring that their wheeling and dealing is of the utmost secrecy and done to keep the population safe. This then […]
In a survey of 500 senior executives in the United States and the UK, 26 percent of respondents said they had observed or had firsthand knowledge of wrongdoing in the workplace, while 24 percent said they believed financial services professionals may need to engage in unethical or illegal conduct to be successful. July 10 (Reuters) […]
Sign the Avaaz petition here Big banks have been caught in a massive scam to rig global interest rates, ripping off millions of people on their mortgages, student loans and more! We’d go to jail for this, but Barclays bank has only been fined, and just a fraction of their profits! Outrage is mounting […]
The scandal erupting in the Vatican is getting juicier and juicier and could potentially be even more damaging than the sexual molestation cases which earlier damaged the Vatican in unprecedented fashion. The former head of the Vatican Bank has become the Papacy’s Enemy Number One, after police discovered a trove of documents exposing financial misdeeds […]
I started out blogging on a blog I called “All you need is a crazy rich guy with a private army”. The premise of this blog being that Erik Prince who started the mercenary firm called Blackwater may very well have provided the crew responsible for the 911 attacks. He was very connected to the […]
Update: read an excellent open letter in a comment on the Standard blog in response to John Key’s spoiled little tantrum! John Key is not happy and what’s more like a truly disconnected narcissistic psychopath he is more than happy to tell children who probably have no idea what he is talking about! Isn’t it […]
This excellent post from Washington’s blog was originally titled; The failure to investigate 9/11 has bankrupted America financially and morally but that is not true of course. It has bankrupted the entire Western world both morally and financially. It allowed our masters to take us to war all over the globe. NATO with all it’s […]
John Banks lied about Dotcoms donations and how well he knew him in a scandal which could land him in jail for two years. Not only that he was a co-director of a financial company which gave out a prospectus which contained fraudulent information which landed another co director in jail yet John Key supports […]
The Sky City gambling palace is what it is; a shiny seductive trap to scam people out of their hard earned money with the promise of a good time and the chance to win some money. Everybody knows that 99.9% of all people gambling go home a great deal of money lighter and possibly closer […]
Today Labour’s broadcasting spokeswoman, Clare Curran pointed out that John Key had a conflict of interest because he chaired a committee which appointed his electorate chairman to the board of NZ On Air. While of course this is a real conflict of interest it is only one of many and it should come as no […]
It seems everybody and their dog is wondering why the UK government caused a panic by saying buy all the petrol you can before “the strike” causing a massive panic! Here are some pointers: In the weeks leading up to “the panic” it was announced that some 50.000 pensioners would be taxed £323 annually on top […]
If you or I were partners owned a company and we had two equal partners and we were convicted of misleading possible new clients with fraudulent financial figures in our prospectus, I’m sure those partners if they co-signed the prospectus would have to defend themselves like I had to against the accusations. Not so it […]
From Washington blog: Two-Out-Of-Three Americans (66%) Believe the Federal Government Has Not Been Aggressive Enough In Pursuing Criminal Behavior By Wall Street Bankers A poll last month from Rassmussen found: Two-out-of-three Americans (66%) believe the federal government has not been aggressive enough in pursuing possible criminal behavior by some Wall Street bankers …. Top economists […]
Monkey see is monkey do and the secrecy and old boys networking of the National party seems to have found some following. 4% of people admitted to having paid a bribe and 73% of Kiwi’s believing that corruption was on the rise and the amount of complaints about judges is sky rocketing.
According to Matt Taibbi who other then his absolute denial as to the facts of 911 (Although he acknowledges we have been lied to about the events of that day) is an excellent reporter and an absolute master were it concerns the malfeasance of the to big to fail banks writes this excellent article about […]
A one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act has uncovered some eye-popping corruption at the Fed and the mainstream media is barely even covering it. It turns out that the Federal Reserve made $16.1 trillion in secret loans to their bankster […]
Private business is business for profit. Do I need to say more? This from Bloomberg. One of the reactors in the crippled Fukushima nuclear plant may have been relying on flawed steel to hold the radiation in its core, according to an engineer who helped build its containment vessel four decades ago. Mitsuhiko Tanaka says […]
According to the Daily mail a non-Dom is someone who lives in the UK but claims his residence is in another country. Lord Ashcroft denied he was a non-Dom because they cannot take part in the political process and since Lord Ashcroft is both a peer of the realm and the biggest Tory financier he […]
It makes perfect sense really. John Key is a banker and he is making a mess of New Zealand for anybody other than his rich prick friends and mining and banking buddies. If I were him I would try to go back to something I knew something about too. So why not make all of […]
I don’t know the man personally but hope to one day shake his hand. I like his stance, his total disregard for political speak and his brutal honesty. Which is funny since I am as white and middle class as it comes and my ancestors were responsible for the word “apartheid”. But compared to the […]
While hundreds of “Taliban” fighters are killed and “president” Karzai claims that mystery planes fly “Taliban” warriors all over the place and rumours are abound that his brother is a paid CIA stooge, involved in the opium trade the reality is simple; the Afghan people just want to be left alone. more about “Message to […]
Peter Galbraith, sacked former deputy head of UN mission in Afghanistan, attacks UN’s handling of elections. Why was Peter Galbraith sacked? because he dared to speak out the truth. Karzai is a corrput politician and is only the president of Afghanistan because the US wants him to be. Democracy in Afghanistan? My ass. And that’s […]
“There are three kinds of lies: lies, damned lies, and statistics.” Mark Twain, (1835 – 1910) “The Cost of Living [has been] replaced by the Cost of Survival. The old system told you how much you had to increase your income in order to keep buying steak. The new system promised you hamburger, and then dog […]
How cool is that? It’s like you can do anything you want and you call the police to stop investigating you. That’s how cool it is. During the hearing, Congressman Lynch said that current and former SEC employees complained to him about the existence of a “hotline” used by Wall Street firms to call directly […]
This is what a commentator going by the moniker of Sapient on the frog blog had to say about the privatisation of Prisons. I couldn’t have said it better myself. Part 1: A) The primary motive for any company is returning a profit to its shareholders. B) Private Prisons are a company. Therefore C) The […]
Jailing kids for cash Cheney and Private prisons National and private prisons Iwi and private prisons or how Pakeha elites would be happy to let Maori guard Maori.
LABOUR peers are prepared to accept fees of up to £120,000 a year to amend laws in the House of Lords on behalf of business clients, a Sunday Times investigation has found. Four peers — including two former ministers — offered to help undercover reporters posing as lobbyists obtain an amendment in return for cash. […]
