Tag: Bankers

Nov 18

Buenos dias, caballeros!

Super Hehnth

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About 5,000 police officers marched through the centre of Madrid on Saturday to protest salary cuts and the thinning of their ranks as Spain grapples with its sovereign debt crisis.

The officers, who had travelled from across Spain. rallied three days after the nation was gripped by a general strike over the austerity cuts. Health and education workers have already taken part in similar marches.

“Citizens! Forgive us for not arresting those truly responsible for this crisis: bankers and politicians,” read one banner held aloft by a line of officers as they marched to the interior ministry.

Let’s face it: That’s a big step from this:

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These patterns will repeat across the US, as the crisis moves from periphery to core, so this is a good portent.  

Vayamos, dag-nabbit.

Oct 07

“Inside Job” the Movie!!

This is goin to be short, it just hit my in box so I wanted to pass it on.

Inside Job Trailer



{There are a few other clips at the Movie site}

Aug 22

Got A New Sheriff, Elizabeth Warren



Elizabeth Warren Rap Video- Got A New Sheriff

copyright © 2010 Betsy L. Angert.  BeThink.org

There is so much flak for what seems would be a fine Presidential appointment.  The nation’s Chief Executive, Barack Obama, is often characterized as Spock, a Vulcan who is almost virtually void of emotion.  It is said that our current President is practical.  He acts on logic.  Yet, this supposed intellectual individual has, at times, seemed ready to do other than what most think reasonable.  Mister Obama has not appointed the truly best Sheriff for towns throughout the country, Elizabeth Warren..

Aug 02

A Birth Date Plea; Presidential Power in a Democracy



Cornel West discusses President Obama’s administration on Real Time With Bill Maher

copyright © 2010 Betsy L. Angert.  BeThink.org

On the eve of President Obama’s birth date, thoughts turn to his time in office.  As a man, countless admire the person, Barack Obama, and yet, feel that they cannot fully celebrate his performance.  Hope has all but disappeared.  Audacity appears vanquished.  Still, some are sure that there is reason to believe. People ponder potentials not fully realized.  Prospects for change loom large.  Several may be shared in the sentiments offered on this auspicious occasion.  

Dreams have yet to die.  The desire to write to the President on the anniversary of his birth or converse with him personally is strong.  Most will only be able to meet Mister Obama circuitously. Nonetheless, millions will try to talk to the man in the White House.  People, such as esteemed Educator, Doctor Cornel West has addressed the President profoundly though the airwaves.  “One of America’s most provocative public intellectuals,” West speaks of what is needed for a genuine success.  The Princeton Professor ponders aloud; if only President Obama advanced classlessness.

May 07

F*** these Corporatist Senators and the Bankers limos they rode in on!

    I am reminded of the words of our founding father, Thomas Jefferson. 3/4ths of this Senate are not fit to polish his statue. The words this titan among men once said were . . .

    “The bank mania… is raising up a moneyed aristocracy in our country which has already set the government at defiance, and although forced at length to yield a little on this first essay of their strength, their principles are unyielded and unyielding. These have taken deep root in the hearts of that class from which our legislators are drawn, and the sop to Cerberus from fable has become history. Their principles lay hold of the good, their pelf of the bad, and thus those whom the Constitution had placed as guards to its portals, are sophisticated or suborned from their duties.”

Thomas Jefferson to Josephus B. Stuart, 1817. ME 15:112

    Cry about that, Glenn Beck!

    In the face of the defeat of the Kaufman-Brown Amendment to break up the Too Big To Fail banks, I have this to say.

F*** these Corporate Senators and the Bankers Limos They Rode In On!!!!

Feb 07

Super Bowl Rant Of The Day

Jan 25

He Works. We Wait



“White House to Main Street” Town Hall: Elyria, OH

copyright © 2010 Betsy L. Angert.  BeThink.org

A recent change of the guard in the Massachusetts Senate race force the President to reveal he is working.  We, the American people, are waiting, just as we have been for months and months.  For a full year, countless citizens have felt as though they were patient.  Yet, the President did not seem to have their interests at heart.  True change has not come.  Countless constituents anticipate none is forthcoming.  Three hundred and sixty five plus have gone by and the American people are tired of being patient.

Dec 11

Banksters get Tagged in the UK, Only to Flee to, Guess Where?

Finally a Representative body, that knows WHO they work for …

Class war breaks out in the U.K.

The Labor government announces a tax on exorbitantly-paid bankers. American populists gnash their teeth in envy

By Andrew Leonard, Dec 9, 2009

Unsurprising headline of the year: “U.S. Probably Will Avoid Matching U.K. 50 percent Bonus Tax.”

Alistair Darling, the U.K. Chancellor of the Exchequer, announced the tax — aimed squarely at overpaid bankers

[…]

From Bloomberg:

“There are some banks who still believe their priority is to pay substantial bonuses,” Darling said in Parliament. “I am giving them a choice. They can use their profits to build up their capital base. If they insist on paying substantial rewards, I am determined to claw money back for the taxpayer.”

Paul Krugman says the move is “entirely reasonable.” Justin Fox asks, “why the heck not?” Felix Salmon says “well done.”

But don’t expect a repeat across the pond.

http://www.salon.com/technolog…

Interesting … maybe the People CAN Fight back?

Oct 17

Did you hear the Joke about the Wall Street Banker?

Robert Reich being interviewed by Australian Broadcasting Corporation, snuck in a pretty good one-liner, I thought might be worth sharing:

ROBERT REICH, PUBLIC POLICY, UNI, OF CALIFORNIA: I wish I could say, Ali, that there were a lot of lessons learned on Wall Street. There don’t seem to be. […]

And yet the public is now out almost $600 billion, having cushioned the blow of the last round of risky ventures that Wall Street entered into. So, I wish I could be more optimistic and upbeat about where Wall Street has come to, but I don’t think they’ve learned a thing.

ALI MOORE: Why is it? Why haven’t the lessons been learned? Why is it that nothing has changed?

ROBERT REICH: A word with five letters: it’s greed.

[Here’s the one-liner]

If you take the greed out of Wall Street, all you’re really left withis Pavement!

Transcript Broadcast: 15/09/2009

(h/t to Thom Hartmann)

Jun 01

It can Pay to be on the Inside

Usually they get away with …

Usually they trade their knowledge, for money or power, and no one notices —

But not always:

Insider-Trading Ring Bust May Fuel Hedge-Fund Concern

By David Scheer – March 2, 2007

March 2, (Bloomberg) — The U.S. government’s accusations that Morgan Stanley, UBS AG and Bear Stearns Cos. employees were central figures in an insider-trading ring illustrate why regulators and lawmakers are suspicious of Wall Street’s relationship with hedge funds.

Prosecutors in New York and Washington yesterday brought criminal charges against 13 people, claiming that an executive at UBS and a former compliance lawyer at Morgan Stanley tipped off hedge-fund traders and brokers to new analyst ratings and secret takeover talks. Bear Stearns was home to at least four professionals who traded on information leaked from inside the two firms, according to a complaint filed by the Securities and Exchange Commission.

(emphasis added)

http://www.bloomberg.com/apps/…

White Collar Crime, is not any less heinous, because they commit it with a Keyboard, instead of a Handgun.  Yet more often than not, in the Wild West of electronic casinos, these criminals can make “a killing”, without having to pull that trigger themselves … without ever having to worry about ever facing their “day in court” …

Jul 27

The Greatest Story Never Told

So what if I told you that the powers of financial capitalism (bankers etc.), had a far-reaching aim, nothing less than to create a world system of financial control in private hands, able to dominate the political system of each country and the economy of the world as a whole.

This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations?