tag:blogger.com,1999:blog-1039161489041752842.post7193890131541252104..comments2024-03-16T08:04:53.086-05:00Comments on Dredd Blog: The Chamber of Corruption - 4Unknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1039161489041752842.post-25010781177709770482011-02-16T10:27:12.446-06:002011-02-16T10:27:12.446-06:00Bernie Madoff reveals something about the MOMCOM m...Bernie Madoff reveals something about the MOMCOM mindset:<br /><br />"<i>In many ways, however, Mr. Madoff seemed unchanged. He spoke with great intensity and fluency about his dealings with various banks and hedge funds, pointing to their “willful blindness” and their failure to examine discrepancies between his regulatory filings and other information available to them.<br /><br />“They had to know,” Mr. Madoff said. “But the attitude was sort of, ‘If you’re doing something wrong, we don’t want to know.’ ”</i>" (<a href="http://www.nytimes.com/2011/02/16/business/madoff-prison-interview.html" rel="nofollow">NY TIMES</a> article).<br /><br />That evidently guides "the W direction" as Dredd calls it.Randyhttp://www.peakoil.netnoreply@blogger.comtag:blogger.com,1999:blog-1039161489041752842.post-76067751131744230702011-02-16T08:44:37.249-06:002011-02-16T08:44:37.249-06:00correction to my last comment above: "The Ivi...correction to my last comment above: "The Ivins 9/11 anthrax case, which <a href="http://blogdredd.blogspot.com/2010/04/mysto-army-anthrax-lab-shut-down-2.html" rel="nofollow">Dredd Blog criticized as fanciful</a>,"Dreddhttps://www.blogger.com/profile/15673418865926403671noreply@blogger.comtag:blogger.com,1999:blog-1039161489041752842.post-90444830321047646102011-02-16T08:12:22.107-06:002011-02-16T08:12:22.107-06:00Signs that American sheeple have been safely lured...Signs that American sheeple have been safely lured to sleep once again (the better to be slaughtered in due course).<br /><br />Thirty one year old slugger Albert Pojols' will he/won't he saga with the St. Louis (baseball) Cardinals over whether the club will meet his demands for a 10 year, $300M contract extension.<br /><br />And of course the looming NFL CBA expiration in March, where the main points of contention are revenue splits (who would have guessed?) and extra regular season games (to generate more revenues). Negotiations have been suspended and many view a season affecting/ending lockout inevitable. <br /><br />Oh what <i>will</i> we do?NowhereManhttps://www.blogger.com/profile/12745173041874539711noreply@blogger.comtag:blogger.com,1999:blog-1039161489041752842.post-44451111876245436232011-02-16T07:27:51.074-06:002011-02-16T07:27:51.074-06:00The lawyers hired by COC and BOA in Grenwald's...The lawyers hired by COC and BOA in Grenwald's case, the subject of this post, shows how the judicial system is becoming corrupt by these kinds of mental problems posing as official energies.<br /><br />The Ivins 9/11 anthrax case, which <a href="" rel="nofollow">Dredd Blog criticized as fanciful</a>, now <a href="http://www.rawstory.com/rs/2011/02/15/panel-casts-doubt-on-fbi-scientific-evidence-in-anthrax-case/" rel="nofollow">is known to have been quite fanciful</a>.<br /><br />If only they could understand how fanciful the rest of the 9/11 attack official stories are.<br /><br />The <a href="http://www.rawstory.com/rs/2011/02/15/iraqi-defector-curveball-admits-to-wmd-lies-that-led-to-war/" rel="nofollow">daze of the Curveball</a> sums it up nicely.Dreddhttps://www.blogger.com/profile/15673418865926403671noreply@blogger.comtag:blogger.com,1999:blog-1039161489041752842.post-49517769936213964692011-02-16T07:26:53.186-06:002011-02-16T07:26:53.186-06:00Good job Randy. I spent 3 years out at Edwards AF...Good job Randy. I spent 3 years out at Edwards AFB in the Antelope Valley, so I'm familiar with Joshua Tree. Very beautiful area when the wind isn't howling.<br /><br />Interesting item today:<br /><br /><a href="http://money.cnn.com/2011/02/16/news/companies/madoff_interview/" rel="nofollow">Madoff: Banks 'had to know' about scheme</a><br /><br /><i>NEW YORK (CNNMoney) -- Convicted Ponzi schemer Bernard Madoff, in a jailhouse interview published Wednesday, said banks and hedge funds were "complicit" in his multi-billion dollar fraud.<br /><br />"They had to know," Madoff told New York Times reporter Diana B. Henriques, who is working on a book about the case. "But the attitude was sort of, 'If you're doing something wrong, we don't want to know.' "</i><br /><br />I agree completely. Madoff became the convenient fall-guy for the entire financial community, which was essentially running a more sophisticated version of the same thing. I'm sure if Madoff had come in out of the cold he would have been embraced, albeit at the expense of a huge cut of the profits.<br /><br />Madoff's prosecution served a very valuable purpose. He became the lightning rod for public outrage over the whole mess and fostered the illusion that it was all perpetrated by a handful of rogue actors who have all been effectively dealt with, never to plague us again. <br /><br />The reality - that the abuses were systemic, that the main actors not only were not <i>punished</i>, but were actually <i>rewarded</i>, and that everything is firmly in place for a repeat performance on an even grander scale - is just so much harder to swallow. It's hard to imagine that the next one won't be the last for this incarnation of the economy, but who knows. The masters of global finance have thus far proved to be amazingly adept at draining blood from a corpse.NowhereManhttps://www.blogger.com/profile/12745173041874539711noreply@blogger.comtag:blogger.com,1999:blog-1039161489041752842.post-6254921089416124152011-02-16T07:04:28.871-06:002011-02-16T07:04:28.871-06:00Russ Feingold is trying to undo what the Five Supr...Russ Feingold is trying to undo what the Five Supremes did in <i>Citizens United</i>, but the success of <a href="http://www.huffingtonpost.com/2011/02/16/russ-feingold-progressives-united-corporate-influence_n_816693.html" rel="nofollow">that effort</a> does not look promising, seeing as how the W direction is the only direction anymore.Dreddhttps://www.blogger.com/profile/15673418865926403671noreply@blogger.comtag:blogger.com,1999:blog-1039161489041752842.post-83905942710243964002011-02-16T06:38:18.394-06:002011-02-16T06:38:18.394-06:00The painting ("Joshua Rocks") was done i...The painting ("Joshua Rocks") was done in Joshua Tree National Park one fine day.<br /><br />Twenty years ago who would have envisioned a civic servant like the Chamber turning into a mob organization?<br /><br />Not many, if any.Randyhttp://www.peakoil.net/noreply@blogger.com