It's just an opinion mind yoU
but I think when we clear away the lies and
determine to hold those accountable for the
collapse of our economy we will
find the same entity is the culprit now
as was the orchastra leader during the first
dance of death called The Great Depression..
THE FAMILY AND FRIENDS WHO OWN
THE FEDERAL RESERVE CORPORATION
AKA THE FEDERAL RESERVE BOARD
Here is a hot off the press example of the
incredible greed and insanity of people
who we allow to run ourway of living
THE FORMER CHAIRMAN OF NASDAQ
Bernard Madoff, a Wall Street Force,
Accused in Ponzi Scheme
Bernard L. Madoff, a former chairman of the Nasdaq Stock
Market and a force in Wall Street trading for NEARLY 50 YEARS
was arrested by federal agents Thursday, a day after his sons
turned him in for running what they said their father called "a
giant Ponzi scheme."
The Securities and Exchange Commission, in a civil complaint,
said it was an ongoing $50 billion swindle, and asked a judge to
seize the firm and its assets. "Our complaint alleges a stunning
fraud that appears to be of epic proportions," said Andrew M.
Calamari, associate director of enforcement in the SEC's New
And sometimes the scale is even grander.
And we may never know if there were criminals, how many
criminals, and who the criminals are. Though they seek our
money we don't seem to be allowed to seek justice.
THE FED IS SPEECHLESS
Fed Refuses to Disclose Recipients of $2 Trillion
Dec. 12 (Bloomberg) -- The Federal Reserve refused a request
by Bloomberg News to disclose the recipients of more than $2
trillion of emergency loans from U.S. taxpayers and the assets
the central bank is accepting as collateral.
Yeah... I've got an asset... Morgan Fairchild... yeah that's the
You know what Bernanke.That. is unacceptable..period
First it was Paulson who it can be argued
was at the very least one of the "usual suspects"
that was responsible for Freddie and Fanny's
fall into the abyss...
Yet when Congress decided upon someone
with the credentials and pedigree, if you will,
to ease our concern that there is /was
something wrong with the whole bail out business story
who did they pick to ease our misgivings?..Who did they allow OUR billions of dollars worth of our future.. to hold the purse?
And when we inquired as to whom and what amount of
our money was getting the bail out gifts?
He had the same response as Boss Bernanke
"IT'S NONE OF YOUR BUSINESS"
Well you are both dead wrong guys..It is absolutely
our business..But first
LET"S RETURN TO BERNIES BUST
Bernard Madoff, a longtime fixture on Wall Street, was arrested
and charged Thursday with allegedly running a $50 billion Ponzi
scheme, U.S. authorities said.
The former chairman of the Nasdaq Stock Market who remains a
member of Nasdaq OMX Group’s nominating committee, is best
known as the founder of Bernard L. Madoff Investment
Securities, the closely-held market-making firm he founded in
But the alleged fraud involved a hedge fund he ran from a
separate floor of the building where his brokerage is based.
Madoff told senior employees of his firm on Wednesday that ”
it’s all just one big lie” and that it was ”basically, a giant Ponzi
scheme,” with estimated investor losses of about $50 billion,
according to a criminal complaint against him.
PONZI REVEALED-NO HAPPY DAYS HERE
A Ponzi scheme is a pyramid-type swindle in which very high
returns are promised to early investors, who are paid off with
money put up by later investors.
Prosecutors charged Madoff, 70, with a single count of
securities fraud. They said he faces up to 5 years in prison and
a fine of up to $5 million.
THE GAME IS RIGGED
"Madoff stated that the business was insolvent, and that it had
been for years,” Lev Dassin, acting United States Attorney for
the Southern District of New York, said in a statement.
Authorities said that, according to a document filed by Madoff
with the U.S. Securities and Exchange Commission (SEC) on Jan.
7, 2008, Madoff’s investment advisory business served between
11 and 25 clients and had a total of about $17.1 billion in assets
NOW WE HEAR THE SPIN FROM A SHYSTER LAWYER
‘Unfortunate’ Set of Events, Attorney Says
”Bernard Madoff is a longstanding leader in the financial
services industry,” his lawyer Dan Horwitz told reporters
outside a downtown Manhattan courtroom where he was
arraigned. ”We will fight to get through this unfortunate set of
A shaken Madoff stared at the ground as reporters peppered
him with questions. He was released after posting a $10 million
bond secured by his Manhattan apartment. The SEC filed
separate civil charges.
From ‘Fast Money’:
Restoring Trust: Watching Wall Street in 2009
”Our complaint alleges a stunning fraud—both in terms of scope
and duration,” said Scott Friestad, the SEC’s deputy enforcer. ”
We are moving quickly and decisively to stop the scheme and
protect the remaining assets for investors.”
The SEC said it appeared that virtually all of the assets of his
hedge fund business were missing.
Madoff had long kept the financial statements for his hedge
fund business under ”lock and key,” according to prosecutors,
and was ”cryptic” about the firm.
Bernard L. Madoff Investment Securities has more than $700
million in capital, according to its Web site. It is a market maker
for about 350 Nasdaq stocks, including Apple, eBay and Dell,
according to the Web site.
The Web site also states that Madoff himself has ”a personal
interest in maintaining the unblemished record of value, fair-
dealing, and high ethical standards that has always been the
Well i don't give one damn about how Bernies
Lawyer wants to portray him, if these charges prove to be true
He's a thief..Where do you suppose all the moneyin
the fund went to? Somewhere else than where prying eyes and quwstions redarding integrity and honesty
are not met with "None of your business" resposes
from souless executives who think they are so above
us slaves that this type of behavior is never to be ours
U have long said that based upon my research about
how this thing called The Fed came to be our nations ongoing
grief for almost 100 years..How they survived being held accountable for the first "Great Depression" is amazing.
There is ample evidence at our availability
that will one day prive out that the people running the Fed
and the thieves and traitors we have allowed
to bring us to this point in history are nothing if they
are not the poster mobsters for arrogance, greed and
shameless behavior..The Federal Reserve people and the Congress and House of Representatives are all in on this latest caper together...I do not believe one word coming from
their unholy pie holes and neither should anyone
If any of these tramps were working in the same public sector that you and I have to work in..They would have been fired and in jail for their job performance and thefts
All of them need to feel our wrath and rage at what
they have done..A good old fashioned ass whipping would be my first attitude adjustment I believe.
When I hear and see them mocking us with a
None of your business response I go a little insane
We know that we don't have and really never had (with the exception of a few..Ron Paul being one) any Representation.
That is why it is ultimately important what we
We have a long hard row to hoe folks. How this is going to
play out is anyones guess at this point. If we think just because a few of us are going to change things because we're angry and
demanding answers, than we are
Imagine if you will that a few of us were righteously
indignant because we found out that Tony Sopranos "friends" had tricked us into an investment scheme that cost
us some hard earned money..So we decide to confront
these guys..and to demand our money back...I don't know
about you but my guess is the only thing being handed back to us would be our asses..We cannot begin to understand the incredible amount of power that these thugs have..They will not lay down that power without a fight folks..and when they are the ones ultimately paying the salary's of Law Enforcement and
the Armed Forces..That is POWER
I believe we will ultimately prevail..But it is going to
take resolve and the education of a lot moreof us than there is
now..We are fortunate in one sense those folks that would often run and hide upon seeing us come calling with our theorys are being shown in living color what we have been "theorizing" about forever..But if we expect them to all of a sudden become
"believers" ..we need to remind ourselves
"AS THEY ARE NOW I ONCE WAS..AS I AM NOW THEY HOPEFULLY
ONE DAY SOON WILL BE"