SEC Lawyer: "[The SEC] is A Cancer" Working On Behalf Of The "Bankster

Discussion in 'Business & Economics' started by Michael, Apr 9, 2014.

  1. Michael 歌舞伎 Valued Senior Member

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    Bloomberg: SEC Lawyer Crucifies His Employer: "It's A Cancer" Working On Behalf Of The "Bankster Turnpike"

    HAAAA!!!!!!!

    No shit? Really?
    A government agency full of functionally illiterate cooks looking to use the State to advance their personal fortunes and criminal careers?
    Nooooo???
    Say it's not so!
    I mean these here are "Public Servants" the "Best and Brightest". Why, that's why they work for the State - because they were sooooooo good and honest and wholesome that they took a 'job' serving the public not by offering value for money, but by shoving a gun in your face.


    Thank the Gods we are forced to pay a Labor Tax in Fiat Currency.
    Thank the Gods the Fiat Currency is controlled (for our own good) by our Central Planners and their Central Bank - which they used to bail themselves out in 2008.
    Yes, Central Planning has always been shown to work wonderfully for all societies that have tried it.
    Yes, thank Gods we live as Citizen/Property of a hyper-regulated Centralized Fascistic and Militaristic State.
    Yes, "Freedom" to be Tax Cattle.
    Yes, "Freedom" to lick your Farmers fingers and maybe get a pat on the head like the dumb beast of burden you've been trained to be.

    Everyone knows the State hires a couple of goofs and they are magically transformed into super-humans who are much much smarter, and make much better decisions, than 100s of millions of free people would in a free-market - with sound money and law. How lucky we are to live in a hyper-regulated State with Central Planners and Fiat Currency.

    Good ole' USSA, a Fascistic crap-hole where everyone now wants to become a slum-lord. Where the Central Planners bail out criminal bankers (that is to say themselves) with money they taxed out of your children's future labor. What a great place to live in the USSA has become. Now, let's all vote Hitlery and hopefully we can sink this f*cker sooner rather than later. Tax the 'rich'. Tax the slum-lord. Tax, tax, tax - let the 'Redistribution' begin! :roflmao:
     
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  3. Kittamaru Ashes to ashes, dust to dust. Adieu, Sciforums. Valued Senior Member

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    Pathetic... absolutely pathetic... our own regulatory groups are virtually impotent in the face of the raw level of currency these organizations can throw around...
     
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  5. iceaura Valued Senior Member

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    So failure to interfere with the market operations of the large banks, negligence in law enforcement, and refusal to impose the strictures of what little planning and oversight one's government has deemed necessary, is evidence of hyper-regulation and excessive Government control.

    Got it.

    I still don't quite understand the viewpoint and vocabulary in which Central, the adjective, refers always and only to the nearest government agency however peripheral to the operations of some market, though. What term would be appropriate for the organized planning and coordinated agreements of the half dozen executive suites that control the international oil business, or the Western banking operations, or the US agribusiness sector?
     
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  7. joepistole Deacon Blues Valued Senior Member

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    Except, those government employees are not “functionally illiterate”. They are highly trained professionals. And unlike most of your other posts, this is a very real problem. This is why government reforms are so needed. As I have told you many times before, government employees including elected representatives need to be free from conflicts of interest. That means we need some serious reforms and we need to take the special interest money out of our political system. We need publicly financed elections. And we need better informed voters. These are all things you have in the past vehemently opposed. Your libertarian ideology does nothing to stop any of these abuses. Your libertarian solution is to just get rid of all regulation.

    The public servant isn’t the problem. The system in which those public servants operate is the problem.

    Except, we don’t have central planners and all currency is fiat currency. Even if a currency is backed by a commodity (and none are) the currency would be a fiat currency. And yes, it is good that our money supply is controlled. And the supporting evidence has been presented to you many times. Since controlling the supply of our money coupled with implementing Keynesian economic policies, periods of growth have been longer, economic contractions have been less frequent and shorter in duration, and there are centuries of data to support those facts.

    It’s pretty clear you have no clue.
     
    Last edited: Apr 23, 2014

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