Tag Archives: White Collar Crime

Token Thoughts on Occupy Wall Street

Considering it produces no income and, WORSE, gives no evidence of helping anyone but ME — and even THAT is debatable — I spend a lotta lotta time on Twitter.

Sentence by sentence, with a 140-character limit per, MOST of it “original” composition, ask around, THIRTY-TWO THOUSAND TWEETS is a lotta lotta venting. The argument defending my commitment of uber-scarce resource TIME to Twitter turns on the intellectual, emotional and spiritual benefits of ORDERING MY THOUGHTS and TAMPERING MY RAGE.

I do not use the term RAGE lightly. ANGER is dangerous — NOT to say it does not sometimes serve excellent purpose, such as severing of toxic relationships. ANGER is a redder flag among red flags — think, RED HOT. Rage?  Redder, still.  Hot hot HOT says devoted parent to cherished child:  DON’T TOUCH!

See, I got screwed by Conscienceless Uber Rich BEFORE the Great Savings Heist of 2008…then AGAIN in 2008. I’m down to two gears for Anger: TOTALLY PISSED and PAYBACK IS A BITCH.

In MY world, in quote-unquote GOOD Times, “Anonymity is the spiritual foundation of all our principles, ever reminding us to place principles before personalities.  In THESE times, no lie or exaggeration, Anonymity seems to me to bear rather pointedly on SURVIVAL.  Poor Sergio Vieira de Mello.  Poor Vittorio Arrigoni.

One thing I am NOT anonymous about is my REMISSION from Alcoholism.   I quote from famous CHAPTER FIVE: HOW IT WORKS of the Big Book of Alcoholics Anonymous, BIBLE TO UNCOUNTED MILLIONS: “Resentment is the number one offender . . . With the alcoholic, whose hope is the maintenance and growth of a spiritual experience, this business of resentment is infinitely grave. We found that it is fatal. For when harboring such feelings we shut ourselves off from the sunlight of the Spirit. The insanity of alcohol returns and we drink again. And with us, to drink is to die.”

Empirically, I AM FIGHTING FOR MY LIFE, such as it is.  More consequentially, I am fighting for the salvation of my soul — whether that is defined by the EXTREME heaven-hell paradigm or by karma-based Spiritual Evolution.  I categorically REJECT the dispiriting notion that THIS is the whole shebang.  It would scarcely be worth getting out of bed in the morning.  As far as I am concerned, this entire MILLENNIUM has sucked.

With more than a half-century of Life Experience under my belt, I have encountered NOTHING that breeds and feeds resentment like DELIBERATE INJUSTICE PERPETRATED BY MORE POWERFUL PARTIES WHO SWASHBUCKLE WITH BRAVADO THAT TRACES TO OFFICIAL COMPLICITY & JUDICIAL SYMPATHY.

Like when the Banking Sector plays FINANCIAL TERRORIST and the Federal Government sez PLENTY OF BLAME TO GO AROUND, LET’S MOVE FORWARD.

No can do.

People say LOSE THE ANGER.  Great idea.  Put it WHERE?  Profiteers and Opportunists are swashbuckling away. Injustices MOUNT. Consider how many OCCUPY WALL STREET Protesters have been arrested . . . and how many Real Estate Appraisers, Real Estate Agents, Mortgage Bankers, Hedge Fund Managers, Market Makers, Investment Advisors, Derivative Traders & Risk Assessors have NOT been arrested?

Hell, porn-surfing employees of the Securities & Exchange Commission, paid by Taxpayers to prevent JUST such a debacle as occurred with Sub-prime Credit Default Swaps, didn’t even get fired.

Societies get more of whatever turns a profit. Take Afghanistan, by way of random example. HEROIN and WAR turn profits. DRUG WAR & “REGULAR” WAR, we got. White Collar Crime pays EYE-POPPINGLY, MIND-BOGGLINGLY well in America, so we get more and more of it.  Scam Artistry abounds, INCLUDING in agencies and programs instituted and administered (again at Taxpayer expense) ostensibly to RECTIFY previous wrongdoings.  Corruption is RAMPANT.

And why WOULDN’T it be?

“Analysts” assign a PERCENT OF REAL to numbers. “Creative” Accounting has replaced Generally Accepted Accounting Principles.   Commerce without Generally Accepted Accounting Principles is as ridiculous as commerce without standardized Weights & Measures.

LET US COUNT THE WAYS is the only logical response, if modestly intelligent and attentive Americans ask themselves whether whether their Government has ever lied to them.  Ditto, if they ask themselves whether their Government has ever CONSPIRED in covert operations.  I give you Fast And Furious. Funneling arms to Mexican Drug Lords, what could possibly go wrong?

YOUR TAX DOLLARS HARDLY AT WORK.

I do not discount the possibility that OCCUPY WALL STREET was masterminded by, who else, Masterminds. Certainly it scooted the Palestinians’ bid to enjoy the same rights as Israelis onto the mental back burner of a notoriously attention-deficit electorate.  Continued marginalization of Palestinians IS an objective of many a Very Important Person, no?

I do not discount the probability that OCCUPY WALL STREET is riddled with Provocateurs from under BOTH the Anarchist rock AND the Martial Law rock.

I do not disregard the obviousness that OCCUPY WALL STREET includes Socialists, Marxists, KIDS, Communists, Bleeding Hearts, Wishful Thinkers and Slackers.

In a world not only gone mad, but a world gone mad with the United States blazing trails, Occupy Wall Street makes MORAL SENSE.  Occupy The Federal Reserve makes MORAL SENSE.  Occupy Washington DC makes MORAL SENSE.

Me, I am NOT an Anarchist.  I recognize Government as a NECESSARY EVIL.  I therefore view Corrupt Officials as TRAITORS and I am in the irreproachable company of Marcus Tullius Cicero in believing that Traitors must be executed, if a country would be sovereign and secure.  But that is a tangential subject, and I know how strongly “we” feel about Sanctity of Life . . . nudge nudge, wink wink.

Maybe we don’t HAVE TO disrupt commerce in a dozen Federal Reserve Cities.  Maybe we don’t HAVE TO shut down our nation’s CAPITOL, fer cryin’ out loud.  But evidence abounds that calling and writing and texting and voting have NOT turned the tide and WILL NOT turn the tide.  Look only to a Wealth Gap that continues to INCREASE, when it was already unsustainable at the START of the “Crisis”.

America gained BILLIONAIRES via a manmade clusterfuck of a wealth transfer that is lumped under the CRISIS umbrella like so much aftermath of a Natural Disaster.

It bears mention that even NATURAL DISASTERS turn profits for the Few, while taxing the Many. Even HOMELAND SECURITY.  I would never have believed such skullduggery would be commonplace in my own country, but for routine confrontation with the REALITY of it.  It is obscene. Think, SODOM & GOMORRAH.

If more and more and more GOOD-HEARTED, HARD-WORKING, SCREWED OVER & INDIGNANT AMERICANS support Occupy Wall Street, the tinier will become the percentage represented by Extremists.  NOBODY’S agenda is gonna be adopted wholesale . . . unless it is that of Prevailing Rulers.  Ninety-nine percent have no CHOICE but to compromise.  But first we must rout Bad Guys.

Even before that, though . . . FIRST, YOU’VE GOT TO GET MAD.

FIRST THINGS FIRST is an important Recovery Circuit Concept.

I quote again from the Big Book: “Driven by a hundred forms of fear, self-delusion, self-seeking and self-pity, we step on the toes of our fellows and they retaliate.”

The United States Government been stepping on toes in other countries for years for as long as it has had enough POWER to do so.  The United States Government has been doing it to AMERICANS for several years now.  ENOUGH IS ENOUGH, or it is NOT enough.

OCCUPY WALL STREET is a vehicle to WALK LIKE AN EGYPTIAN.  Egyptians didn’t manage to unseat Mubarek because HE was more dastardly as a Dictator or because THEY were more righteous as The Oppressed.  THEY WOULDN’T TAKE ‘NO’ FOR AN ANSWER.  They couldn’t.

THIS “crisis” was not without precedent in the S & L Crisis.  Who went to prison?  What changed?  Money is VERY seductive.  Human Nature is VERY flawed.  Power corrupts; absolute power corrupts absolutely; money IS power.  Greed is one of the SEVEN DEADLY SINS . . . not some component of the entrepreneurial spirit that, like other components, requires balance but is vital to Success.  There is no such thing as Greed Lite.

I know from whence I speak when I say SPENDING is an addiction, and money is a SUBSTANCE OF CHOICE.

Think of Occupy Wall Street as an INTERVENTION.  We can get back to circle-jerk bickering after we separate The Diseased from the herd and quarantine them.  It is highly contagious, what they have, and lethal. Think, MIDAS. Think, PIED PIPER.

Occupy Wall Street. Just say NO to Corruption. Think . . . THE LITTLE ENGINE THAT COULD.

Human Nature Doesn’t Change

People want to believe Human Nature changes, but it doesn’t.  Some PEOPLE change.  I have changed.  Beyond my name, physical frame and car, there is almost NOTHING in my life that is the same as ten years ago.  And the fact that I roam my country in a decade-old car is completely UNLIKE my former life.

But roaming around, I am.

By the by, you must commit quite a bit of time to the exhibit and snap quite a few photos to get a picture of the Liberty Bell without one or two or 10 or 12 strangers in the frame.  Tourists come and go so QUICKLY around monuments.  The Liberty Bell reposes behind a barrier with radius longer than an arm (presumably to prevent superstitious Unwashed Masses from TOUCHING it), which is protected by state-of-the-art security and armed guards.  Irony and Human Nature go together like Unpredictability and Economics.

Whereas I formerly got a new car roughly at 4 years and 5000 miles, I crossed the 100,000 miles mark with my 10-year-old car.  I say that NOT with embarrassment or fear, but pride and hope.  Most of those miles were put on by ME including cross-country more than once, and Charleston Bay to San Francisco Bay all by my lonesome.  In my new world, some bragging rights attend this accomplishment.  D’ya reckon I could plug the MAKE of my trusty car for MONEY?  People offer to BUY my car on a regular basis.  ”Speaking truth to Power” just doesn’t pay. THEN, ‘cuz I take good care of my car and ‘cuz it’s a European model designed to GO a couple hundred thousand miles, I have the audacity of hoping it will serve me for ANOTHER hundred thousand miles.  If I play my cards right and Providence shines upon me, I may never have to buy another car as long as I live.  HERESY, I know.

Anyhoo, individuals MAY change — more often as a reaction to Extreme Bad rather than Extreme Good, it bears mention.  Sigmund Freud described such change as PROFOUND PSYCHOLOGICAL REORGANIZATION.  The Big Book of Alcoholics Anonymous describes it as BEING BEATEN INTO A STATE OF REASONABLENESS.  Either way, it speaks to INDIVIDUAL transformation.  By contrast, thousands of years of chronicled history attest to the REALITY that Human Nature does NOT change.I invite you to take the wreckage being wrought to FORCE a better way upon those who obviously cannot trusted with Free Will.  ’Cuz, y’know, effin’ Foreigners don’t CARE about THEIR families, houses, villages, cities, monuments, museums, markets and temples.  Left to their own devices, they would OBVIOUSLY attack peoples of far greater military wherewithal, inviting retaliatory annihilation.

I invite you also to ponder the following quote by Denis Diderot, and it’s in-your-face relevance to The American Problem.

“In any country where talent and virtue produce no advancement, money will be the national god. Its inhabitants will either have to possess money or make others believe that they do. Wealth will be the highest virtue, poverty the greatest vice. Those who have money will display it in every imaginable way. If their ostentation does not exceed their fortune, all will be well. But if their ostentation does exceed their fortune they will ruin themselves. In such a country, the greatest fortunes will vanish in the twinkling of an eye. Those who don’t have money will ruin themselves with vain efforts to conceal their poverty. That is one kind of affluence: the outward sign of wealth for a small number, the mask of poverty for the majority, and a source of corruption for all.”

Skullduggery of ADVANCED-DEGREE complexity and international reach has conferred unimaginable fortunes on the Few, the Proud, the Masterminds.  They wear expensive suits and expensive watches.  The roll in expensive limos and fly in private planes.  They dine and lodge at five-star properties and they regroup in luxurious, well-fortified Ivory Towers.  They seem very important indeed, as they jet-set and hobnob in opulent style — one might say UNTOUCHABLE.  But they are Bad Guys nonetheless.  In MY new world, sophisticated White Collar Crime is WORSE than run-o-the-mill crime, for being steeped in EGO and GREED.

Speaking of Human Nature, I GET why sophisticated Sociopaths turn to Skullduggery.  It IS their Nature.  I GET why corrupt &/or weakling Officials ACCOMMODATE sophisticated White Collar Crime.  Money is EXTREMELY seductive.  And we ARE talking about big BIG bucks…in a country where Money IS the national god.

But Taxpayers TOLERATING Officials accommodating sophisticated middle-class-eviscerating White Collar Crime?

Tom Hanks in the film BIG: I don’t get it.

Tired of Shit

With all the biotechnological wizardry, I’da thunk that a Sleep Substitute would have been concocted by now.

Not to suggest ELIMINATION of Sleep, I wouldn’t DREAM of it. I have known some SERIOUS Sleepers in my time – people who really NEED sleep and/or people who really LOVE it. My night cap is off to them. The more, the merrier. Every person asleep is one less person on the road.

CLONING is getting out there at the edge of the envelope, dontcha think? Sleep being OPTIONAL doesn’t seem so farfetched next to CLONING. Wouldn’t it be grand to be able to go “around the clock” as whim or work command, without penalty of the many manifestations of Exhaustion?

Life strikes me as so very short, even if one lives to be 100. Ignoring extra-thumbprint footnotes to the contrary, Old Testament sez God deliberately and unambiguously set human lifespan at 120. I figgered ten years off for Substance Abuse, ten off for Bad Behavior.

I USED to think I’d live to be 100. I don’t anymore. I used to WANT to live to be 100. I don’t anymore. Isn’t that sad? In a big-picture, write-it-on-your-tombstone way, it is “of course” MY problem if I cannot turn lemons into lemonade but, to mix metaphors, there are some ACTUAL PEOPLE who purposefully pissed on my parade.

If CONSCIENCELESS ASSHOLES can screw me over and rip me off AT WILL – I mean, derail my LIFE with the blessing of Officialdom and without a backward glance – what must they be doing to people whose wherewithal is even less than mine?

Returning to Los Angeles, scene of many crimes, I am overcome by the hopelessness of Recovery. Pretty much exactly like when, in the first moments of my first arrival in Washington DC, the colossal Department of Agriculture literally inspired me to utter aloud, RESISTANCE IS HOPELESS.

Millions and millions of cars in orderly lines, “rushing” from stop light to stop light. Absent destination and schedule, ribbons of headlights and tail lights look sort of festive in the dark, even more so in the rain. But it is Optical Illusion, mercifully masking the LIVES OF QUIET DESPERATION immortalized by Henry David Thoreau.

There are old-school signs warning us of speed LIMITS, and high-tech digital signs flashing our EXACT speed. Who do Taxpayers think PAYS for all that? Speaking of untold sums “we” spend littering municipalities and countryside with signage, WHO GETS THE CONTRACTS? Do narcissistically thin Fat Cats in the SIGN INDUSTRY get rich off sign-craziness, or do “we” have an arrangement with “our” astonishingly large prison population?

If we have NOT harnessed the productivity of our EXTRAORDINARY prison population, WHY not? Lemme guess…violation of their Civil Rights?

If we do not ADDRESS the perversity of our having the largest prison population on earth, we’ll wanna remember that when/as WE are incarcerated, literally or figuratively. Only a very rich person or a very cowardly person thinks Death is the worst thing that can happen to a person.

Wanna know what will light a Prison Reform fire under politically correct asses? Sending White Collar Criminals to federal penitentiaries, and housing them with the “regular” prisoners. Half a dozen of them won’t have to be raped before the Silent Majority clamors for overhaul of our DRACONIAN prison system.

A few years back, I tuned in late on a radio report wherein the figure THREE PERCENT was applied to literacy among Convicts. I’d like to think, I certainly HOPE, it was a Convict sub-group of the general prison population that is so woefully uneducated but, even so, it is obviously safe to assume widespread illiteracy.

Pray tell, with how does an illiterate Ex-Con get work?

On the OTHER Recovery Circuit, the one whereon you CAN’T fudge numbers, it is commonly held that only an Alcoholic/Addict can get through to another Alcoholic/Addict. It stands to Reason that a similar simpatico exists among CRIMINALS.

Sentence Corrupt Officials and Executives to the same federal penitentiaries to which they so LIBERALLY condemn others. Oblige White Collar Criminals to teach T-shirt criminals to read and write and add and subtract Skip derivatives, to be sure, but familiarity with Fractions and Percents would be good. Skip legaleze, but competence with Employment and Housing applications would be good.

WHY are White Collar Criminals pampered in country club prisons? It is MORE reprehensible when people with SUPERIOR educations, means and opportunities resort to lying and thieving than when people with NO education, means or opportunities resort to lying and thieving. Without Need or Distress underpinning lying, only arrogance and greed, White Collar Crime is MORE offensive and LESS forgivable.

More resilient to rehabilitation, too, from where I sit.

It’s not like the Financial “Crisis” doesn’t have precedent in the Savings & Loan crisis.

CONSEQUENCES R TEACHERS. If we fail to persecute, prosecute and punish White Collar Criminals, then our bailout bonanza will have broadcast to the world and the next generation that CRIME PAYS IN AMERICA. The more elaborate the scheme, the bigger the payoff.

ADOLF HITLER: The great masses of the people … will more easily fall victims to a big lie than to a small one.

Ask yourself, if YOU were in a position to GET AWAY WITH IT, mightn’t YOU be willing to pay a half-billion dollar fine in order to pocket BILLIONS?

Power corrupts, absolute power absolutely corrupts – are we in agreement on that much? MONEY=POWER.

HOUSE OF MEDICI: Money to get power, power to protect money.

Illustrious Stanford University offered a chair to Donald Rumsfeld, the man who made TORTURE a household word. Hank the Bank Paulson teaches at heavyweight Johns Hopkins University. What do we SUPPOSE is coming down the pike?

Taxpayers PAY to destroy countries. RECONSTRUCTION of countries destroyed by American Tax Dollars constitutes BUSINESS & INVESTMENT OPPORTUNITIES FOR THE USUAL SUSPECTS.

Reap as ye sow. What goeth around cometh around. Do unto others as you’d have them do unto you. I go not far out on a limb in suggesting that only rocket science is Rocket Science.

WE ARE CRUISING FOR A BRUISING.

ALCOA, Inc. rhymes with WHOA, Stink!

I am amazed and bemused [politically correct for effin' incredulous and totally pissed off] that the faux prude iron fist of government is coming down on cussing. Not insider trading.  Not scam artistry.  Not collusion.  Not monopolistic practices. Not conspiracies in restraint of trade.  Not market manipulation.  Not creative accounting.  Not racketeering. Not lying through your teeth.  NONE of the stuff that “landed” us in this financial CLUSTERF*CK.  

No, Sir-ee.  They’ve got their knickers in a twist over SWEARING.  Diversion, anyone?

Self-important Officials of the increasingly intrusive and authoritarian government of the United States of America place not the slightest priority on getting us out of the QUAGMIRE in the Middle East, which daily features mayhem and carnage that is beyond description AND of our own execution.  No way, Jose.  These self-righteous, hypocritical, well-remunerated, indeed courtly members of Congress would bring the house down on that age-old bugaboo, off-color language.

Is it permissible to say OFF-COLOR, or is that now considered racist?  

They who would have the Hordes spend their precious few non-working hours filling out meaningless forms, those who would dampen even fleeting hours of freedom by enjoining counterproductive and punitive regulations upon the very fellow citizens who pay their handsome salary and benefit packages do not even crack down on identity theft, bane of ordinary Working People and Taxpayers.  

Identity theft is right down there with the lowest of the low, is it not?  But it is so very profitable.  Not only is identity theft profitable to identity hijackers, identity theft is a mother lode for mercenary minds who devise ever more elaborate security systems, devices, gizmos, gadgets and widgets.  And ever more expensive insurance policies.  So we can exercise personal responsibility by forking MORE money to guard against the regularity with which American Laws are twisted, sidled, bent and broken with impunity.

Law enforcement in America is capricious and mercenary at its best, brutal and mercenary at its worst.  Me, I will argue that the Powers That Be are setting Law Enforcement up as scapegoats to both feel and fuel understandable-some-might-say-overdue public ire.  Self-absorbed “leaders” who are snug in their ivory towers send Law Enforcement, as they do with our Military, into harm’s way to do the dirty work attendant to power mongering.  Just like pampered CEO’s of major corporations leave middling and quite beleaguered employees on the front line to get lambasted by an understandably irate consumer base.  

American quote-unquote Officials have hounded Vancouver, B.C. pot activist Marc Emery LIKE AN ANIMAL, for years, culminating at last in his imminent extradition to the oh-so-punitive-when-it-comes-to-marijuana United States.  What WUSSES the Canadians are to facilitate this charade of law enforcement and travesty of justice.  Accomplices, nothing less.  

Marc Emery’s unforgivable crime?  Selling marijuana seeds.  Say it ain’t so!  Not THAT!!

Marc Emery faces up to five years in prison.  Hank the Bank Paulson is living the Life of Riley.  He was “obliged” to sell his Goldman Sachs shares at peak market when he swept through America’s WHOOSH-iest revolving door, specifically when he did the time-honored two-step from Goldman Sachs CEO to U.S. Treasury Secretary.  That transaction is reported to have been worth a cool FIVE HUNDRED MILLION DOLLARS.  

http://www.vanityfair.com/politics/features/2009/03/wall-street-bonuses200903

E. Stanley O’Neal was the CEO who stewarded venerable Merrill Lynch into near-collapse, which was averted by Bank Of America bailing out Merrill Lynch . . . and the Government-read-that-Taxpayers bailing out Bank Of America.  E. Stanley O’Neal was the buck-stops-here Big Shot who stewarded the 50% vaporization of even low-risk portfolios, such as my own.  But the buck did NOT stop with E. Stanley O’Neal.

The E. stands for EARNEST, if you can believe it.  Earnest Stanley O’Neal did not “merely” scoot off scot-free. Earnest Stanley O’Neal STRUTTED into the sunset with a BONUS of over FIFTY MILLION DOLLARS.  The way I see it, this son-of-a-bitch owes me some money.

But E-NOT-Earnest Stanley O’Neal did NOT ride off into the sunset, to quietly enjoy his ill-gotten gains in the splendor of his swanky Manhattan residence.  Come to find out that E-NOT-Earnest Stanley O’Neal was appointed to the Board of Directors of ALCOA Inc.  I don’t get it.  Is the connection that E. Stanley O’Neal is a disgraced financier and Alcoa Aluminum slip-slided around monopoly and conspiracy charges back in the day?  A twisted honor among thieves?

I cannot rant often enough or loudly enough about the moral and practical imperative of punishments that SUIT the crimes that were committed in order to ROCK THE FINANCIAL WORLD AND THEREFORE THE WHOLE WORLD.

Y’know what I think?  I think that Klaus Kleinfeld Ph.D., rer.pol., Dipl.-Kfm., Chief Executive Officer, President and Director (a.k.a. Czar) of ALCOA FLAUNTS an absence of corporate citizenship as surely as E. Stanley O’Neal FLAUNTED fiduciary malfeasance.

I think that the “relationships” boasted on an ALCOA Board of Director profile constitutes hoity-toity, country-club Insider Trading.

http://investing.businessweek.com/businessweek/research/stocks/people/board.asp?ric=AA 

And I think that if Earnest can be less than candid, I can be more than frank.  I will suggest that E. Stanley O’Neal, out of rural Wedowee Georgia, is a latter-day Affirmative Action case and a present-day charlatan.  Like Obama.

No swearin’, huh?  I am not allowed to say THIS IS UNMITIGATED BULLSHIT?  WHAT THE FUCK ARE PEOPLE THINKING is out of the question?  Alrighty, then.  ’Nuf said.