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Its All an 'Inside Job'

by An American in London Mon Nov 29th, 2010 at 09:29:39 AM EST

 
Highly recommend you all see the documentary, 'Inside Job' by Charles Ferguson. It explains everything we already knew about the financial meltdown in a cohesive manner understood by the general population.

Ireland, EU, US etc are run at the executive levels by criminals who have defrauded us.

It wouldnt surprise me if Greece, Ireland, Portugal next, etc are acting as 'bagmen' for the EU banks. Besides the bailouts these countries very well may need for themselves and to satisfy their current bondholders; they are being asked to take on more debt, most likely never to be paid out, in order for the EU to provide funding to the massively insolvent EU banks without scaring the 'bejeesus' out of everyone and avoiding cataclysmic events for now.These payments to the banks are beyond what the EU banks exposure is to these 'bag' countries.

If you extrapolate what just Ireland is being forced to take, then the US would need a bailout of seven trillion dollars right away and there is no way the congress or the citizens would ever allow that to happen, at least in public.

The only answer is to default and to continue to default in all these countries and force the criminals out and cleanse and come up with a new system. Otherwise its curtains for all these countries and ultimately our freedoms.
Because we are facing a choice between a form of fascism or new thinking like Roosevelt's New Deal. With keeping the old order in charge we are bound for the former choice.

So instead of playing on the 'turf' of the criminals about what the next thing the criminals will do or should do; how about comments on how the new order following the defaults of all these countries, banks etc will look with the emphasis on how social justice should be integrated into any new system. Livable minimum wage, staged in requirements for wages and standard of living increases for countries with export imbalances which destroy the standard of living of the people in the importing countries etc.


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Wikip: Inside Job

The film has received mostly positive reviews, earning a 96% "fresh" rating on Rotten Tomatoes.


You can't be me, I'm taken
by Sven Triloqvist on Mon Nov 29th, 2010 at 10:30:14 AM EST
I don't think the politicians are the criminals, I'm not even sure they're bagmen either. It's just a case that, in the money-centred democracies we have nowadays, that politicians who don't toe the line find themselves out of a job.

Also, I don't think they're sufficiently well-informed to work out how the looting is going on. Everywhere they turn they see disaster, little understanding that every action suggested by the banksters is pouring petrol on the flames

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Nov 29th, 2010 at 01:41:11 PM EST
Recommend you see 'Inside Job' and you will find out how the politicians are complicit with the major financial administrative officials and economists using the sliding doors to take jobs with the very people they have oversight, then working for the politicians who are given their marching orders by the, in this case, lobbyists and campaign donors.
by An American in London on Mon Nov 29th, 2010 at 01:45:20 PM EST
[ Parent ]
Yea, the pols are willing dupes, but I suspect they believe that banksters are working for them to make things good, little realising the relationship is the other way around.

I always say that the bankers at the Bank of England or the Fed are appointed by politicians who believe that they are poachers turned gamekeepers who are regulating the activity of The City and Wall St. Wheras, in reality, they are appointed at the instigation of the City and Wall St in order to regulate the activities of politicians

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Nov 29th, 2010 at 02:06:04 PM EST
[ Parent ]
The politicians certainly do not view themselves as criminals and certainly have many rationalizations to justify their actions. But that does not mean that the electorate or a jury should accept their self image as reality. I remain convinced that substantial numbers of politicians, bureaucrats and regulators have taken actions and received benefits that both call into question their personal integrity and make them potentially liable for civil and/or criminal prosecution. The problem is that the entire government of both the USA and the UK is composed of such compromised individuals and they are certainly not going to authorize investigations of themselves.

They need to be voted out of office and then investigated and prosecuted as indicated. Where possible, in the US system, impeachment might be in order. But the problem there would be keeping any such proceedings focused on their activities regarding the financial sector and their upholding of their oaths of office. The upper crust scum who finance the Tea Party and other such efforts would like nothing better than to turn any such proceedings to investigations of such things as Obama's birth certificate, etc. ad nauseum.

I can only hope that the film Inside Job informs a wider audience that that attracted to Michael Moore's Capitalism.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Nov 29th, 2010 at 02:50:58 PM EST
[ Parent ]
Oh, yes, there's some supra-government that's going to step in and prosecute the former evildoers. Just like in England, France, and the USA.

It's painful, but true, that the top levels of government are already comprised of the compromise: legislative, judicial and executive.

The electorate isn't going to step in because the moral issues to be explicated are too complex to resist warping by determined psychowhores. How many smart elitists do YOU know?

When even the likes of Paul Krugman argue for consumerism as a solution to the present quandary, and mass acceptance by the media of bizarre inequalities is the common wisdom, where exactly is the "New Understanding" behind this projected tidal wave of competence by the MAJORITY of the electorate coming from? You need a majority, you know, and a supermajority for the structural constitutional issues: corporate personhood, a voting qualification, public election financing, bribery.

There will never be sufficient understanding of governance by the majority to correct these problems. The obvious, but incomprehensible fact is that democracy cannot work in a polity exposed to corporate lies, and there's no way to correct the present situation because the media are corporate-owned.

Relax and enjoy the consumption, while it lasts, and try not to be too bummed out by the stories about inequality that creep through the ever-tightening filters. (Wikileaks is slowly, slowly turning into evildoers. Soon, it will be declared evil by way of treason, and the domain name seized.)

Align culture with our nature. Ot else!

by ormondotvos (ormond.otvosnospamgmialcon) on Thu Dec 2nd, 2010 at 05:16:58 PM EST
[ Parent ]
Any effective investigation obviously won't be led by the US Government or its agents. It is being pushed forward as we speak by the money and attorneys hired by those wronged by the ongoing fraud. They have standing and it is not easy to stop them. It is in their interest to report the developments in the press. Just read the last four months of naked capitalism's reporting on, among other things, the robosigning mortgage documentation scandal and what I call "the little shop of document horrors" in Florida, DocX, and its parent LPS.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Dec 6th, 2010 at 11:30:57 PM EST
[ Parent ]
Link

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Dec 6th, 2010 at 11:32:36 PM EST
[ Parent ]


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