presence
05-07-2015, 12:12 PM
America’s Main Problem: Corruption (http://www.prisonplanet.com/americas-main-problem-corruption.html)
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May 7, 2015
Preface: Sadly, in the month since we last posted on this topic, many new examples of corruption have arisen.
Government corruption has become rampant:
Senior SEC employees (http://abcnews.go.com/GMA/sec-pornography-employees-spent-hours-surfing-porn-sites/story?id=10452544#.UASFAZEtvHR) spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes
Nuclear Regulatory Commission workers (http://www.washingtontimes.com/news/2013/nov/20/nuclear-regulators-bypass-federal-firewalls-find-w/?1) watch porn (http://www.washingtontimes.com/news/2013/nov/20/nuclear-regulators-bypass-federal-firewalls-find-w/?1) instead of cracking down on unsafe conditions at nuclear plants
An EPA employee who downloaded 7,000 porn files, then spent 2-6 hours each workday (http://www.huffingtonpost.com/2014/05/07/porn-epa-employee_n_5283106.html)watching porn. He’s been doing it for years … but the EPA never fired him (http://reason.com/blog/2014/09/24/epa-porn-enthusiast-still-employed). Another EPA employeeharassed 16 women co-workers … and then was promoted to a higher-paying job with more responsibility (http://dailycaller.com/2015/04/30/epa-employees-watched-porn-harassed-women-and-got-promoted/), where he harassed more women
NSA spies pass around (http://www.washingtonsblog.com/2014/07/snowden-nsa-employees-routinely-pass-around-nude-photos-mass-surveillance.html) homemade sexual videos and pictures they’ve collected from spying on the American people
NSA employees have also been caught using (http://blogs.wsj.com/washwire/2013/08/23/nsa-officers-sometimes-spy-on-love-interests/) their mass surveillance powers to spy on love interests (http://www.washingtonpost.com/blogs/the-switch/wp/2013/08/24/loveint-when-nsa-officers-use-their-spying-power-on-love-interests/), such as girlfriends, obsessions or former wives (http://www.cnet.com/news/nsa-offers-details-on-loveint-thats-spying-on-lovers-exes/) … and to eavesdrop on American soldiers’ intimate conversations with their wives (http://www.nbcnews.com/id/27107196/ns/us_news-security/t/report-feds-eavesdropped-soldiers-calls/#.U8gkCbGvaZQ) back home. And see this (http://abcnews.go.com/print?id=5987804) (“routinely shared salacious or tantalizing phone calls that had been intercepted” … “‘Hey, check this out … there’s good phone sex’”)
An employee of the Transportation Security Administration admitted that TSA agents share – and laugh at – nude scans (http://www.politico.com/magazine/story/2014/01/tsa-screener-confession-102912.html#.U8gje7GvaZQ) of passengers. Another TSA employee says that screeners make excuses so they can grope and fondle (http://time.com/3822487/tsa-sexual-assault-denver/)travelers that they’re attracted to
Investigators from the Treasury’s Office of the Inspector General (http://thehill.com/homenews/administration/237985-treasury-probe-officials-solicited-prostitutes-accepted-industry-gifts) found that some of the regulator’s employees surfed erotic websites, hired prostitutes and accepted gifts from bank executives … instead of actually working to help the economy
The Minerals Management Service (http://www.nytimes.com/2008/09/11/washington/11royalty.html?_r=1&pagewanted=all) – the regulator charged with overseeing BP and other oil companies to ensure that oil spills don’t occur – was riddled with “a culture of substance abuse and promiscuity”, which included “sex with industry contacts”
Agents for the Drug Enforcement Agency (http://www.washingtonsblog.com/2015/03/government-report-finds-dea-agents-sex-parties-prostitutes-hired-drug-cartels.html) had dozens (http://www.businessinsider.com/r-us-drug-agents-alleged-sex-parties-go-back-to-2001-lawmakers-2015-4) of sex parties with prostitutes hired by the drug cartels they were supposed to stop (they also received money, gifts and weapons from drug cartel members)
Pentagon employees used government credit cards to pay for adult “escorts” (i.e. prostitutes) and to gamble (http://freebeacon.com/issues/pentagon-employees-used-government-credit-cards-for-adult-entertainment/)
Federal agents with the Drug Enforcement Administration and Secret Service (http://www.zerohedge.com/news/2015-03-30/federal-agents-investigating-bitcoin-money-laundering-stole-over-1-million-bitcoin) investigating Bitcoin money laundering extorted and stole over $1 million in Bitcoin
The IRS gave promotions to employees who were themselves tax cheats (http://www.washingtontimes.com/news/2015/may/6/irs-gave-promotions-tax-cheaters-audit/)
The Commodity Futures Trading Commission has conspired with big banks to manipulate commodities prices for decades (http://www.washingtonsblog.com/2013/06/the-big-banks-and-commodities-future-trading-commission-conspired-to-hide-speculation-from-congress.html)
The government-sponsored rating agencies committed massive fraud (http://www.washingtonsblog.com/2009/09/senior-moodys-executives-theres-a-culture-of-covering-up-improper-ratings.html) (and see this (http://www.washingtonsblog.com/2009/08/companies-auditors-rating-agencies-and.html))
The Treasury department allowed banks to “cook their books” (http://abcnews.go.com/Blotter/Economy/story?id=7009596&page=1)
Regulators knew of and allowed (http://www.washingtonsblog.com/2010/04/proof-that-regulators-knew-of-and.html) the use of debt-hiding accounting tricks by the big banks
The Secretary of Treasury (Tim Geithner) was complicit in Lehman’s accounting fraud (http://www.nakedcapitalism.com/2010/03/ny-fed-under-geithner-implicated-in-lehman-accounting-fraud.html?utm_source=twitterfeed&utm_medium=twitter), (and see this (http://www.washingtonsblog.com/2010/03/lehman-fraudulently-cooked-its-book.html))
The former chief accountant for the SEC says (http://www.washingtonsblog.com/2009/04/former-chief-accountant-for-the-sec-bernanke-and-paulson-broke-the-law-and-should-be-prosecuted.html) that Bernanke and Paulson broke the law and should be prosecuted
The government knew about mortgage fraud a long time ago. For example, the FBI warned of an “epidemic” of mortgage fraud in 2004. However, the FBI, DOJ and other government agencies then stood down and did nothing. See this (http://www.huffingtonpost.com/william-k-black/the-two-documents-everyon_b_169813.html) and this (http://finance.yahoo.com/tech-ticker/article/133224/Former-Regulator-Clear-Fraud-in-Financial-Crisis----Why-Isn%27t-Anyone-in-Jail?tickers=BAC,WM,CFC,XLF,JPM). For example, the Federal Reserve turned its cheek and allowed massive fraud (http://www.washingtonpost.com/wp-dyn/content/article/2009/09/26/AR2009092602706.html), and the SEC has repeatedly ignored accounting fraud (http://www.foxbusiness.com/markets/2010/05/17/sec-knew-suprime-accounting-fraud-decade-ago/). Indeed, Alan Greenspan took the position that fraud could never happen (http://www.washingtonsblog.com/2010/04/fraud-finally-makes-news.html)
Paulson and Bernanke falsely stated (http://www.washingtontimes.com/news/2009/oct/05/report-bernanke-paulson-misled-on-bailouts/) that the big banks receiving Tarp money were healthy, when they were not. The Treasury Secretary also falsely told Congress (http://www.washingtonsblog.com/2009/10/government-leaders-said-bailouts-were-needed-because-the-house-next-door-was-burning-down-were-they-right.html) that the bailouts would be used to dispose of toxic assets … but then used the money for something else entirely
A high-level Federal Reserve official says quantitative easing is “the greatest backdoor Wall Street bailout of all time” (http://www.washingtonsblog.com/2013/11/qe-wall-street-bailout.html)
The SEC has been shredding Wall Street documents for decades (http://www.washingtonsblog.com/2011/08/real-reason-sec-has-been-shredding.html) to help the big banks cover up their fraud
The non-partisan Government Accountability Office calls the Fed corrupt and riddled with conflicts of interest (http://www.washingtonsblog.com/2011/10/federal-reserve-riddled-with-corruption.html). Nobel prize-winning economist Joe Stiglitz says the World Bank would view any country which had a banking structure like the Fed as being corrupt and untrustworthy (http://www.ronpaulforums.com/”http://www.washingtonsblog.com/2012/07/fed-independence-is-a-scam-and-no-reason-to-prevent-a-full-audit.html#”>prize). The former vice president at the Federal Reserve Bank of Dallas said said he worried that the failure of the government to provide more information about its rescue spending could signal corruption. “Nontransparency in government programs is always associated with corruption (http://www.washingtonsblog.com/2008/11/former-vice-president-of-dallas-federal-reserve-failure-of-the-government-to-provide-more-information-about-bailout-could-signal-corrruption.html) in other countries, so I don’t see why it wouldn’t be here,” he said
Arguably, both the Bush and Obama administrations broke the law by refusing to close insolvent banks (http://www.washingtonsblog.com/2009/04/bush-and-obama-administrations-both.html)
Congress may have covered up illegal tax breaks (http://www.washingtonsblog.com/2008/11/congress-covered-up-illegal-tax-break.html) for the big banks
Police have been busted (http://www.washingtonsblog.com/2015/03/police-frame-innocent-people.html) framing innocent people
Warmongerers in the U.S. government knowingly and intentionally lied (http://www.washingtonsblog.com/2013/03/top-republican-leaders-say-iraq-war-was-really-for-oil.html) us (http://www.washingtonsblog.com/2012/10/5-hours-after-the-911-attacks-donald-rumsfeld-said-my-interest-is-to-hit-saddam-he-also-said-go-massive-sweep-it-all-up-things-related-and-not-and-at-2.html) into (http://www.washingtonsblog.com/2009/11/everyone-knew-that-iraq-didnt-have-wmds.html) a war of aggression in Iraq. The former head of the Joint Chiefs of Staff – the highest ranking military officer in the United States – said that the Iraq war was “based on a series of lies” (http://www.washingtonsblog.com/2010/10/former-chairman-of-the-joint-chiefs-iraq-war-based-on-a-series-of-lies.html). The same is true in Libya and other wars (http://www.washingtonsblog.com/2015/03/original-sin-first-humanitarian-war.html)
The government lied when it said it doesn’t conduct mass surveillance on Americans (http://www.washingtonsblog.com/2014/07/proof-nsa-still-lying-spying-americans.html), and then lied again when it said that spying was aimed at protecting America (http://www.washingtonsblog.com/2014/06/spying-dissent.html) against terrorists
The government also lied when it said American doesn’t torture (http://www.cbsnews.com/news/bush-we-dont-torture/) (and see this (http://www.theguardian.com/us-news/2014/dec/09/cia-torture-report-released)), and then lied once again when it said torture was aimed at protecting America (http://www.washingtonsblog.com/2014/12/need-know-senate-torture-report.html) against terrorists
The government made sure that false claims were made about the amount of oil spilled by BP in the Gulf (http://phys.org/news205605198.html)
The government has framed whistleblowers with false evidence (http://www.washingtonsblog.com/2014/06/senior-nsa-manager-police-state-worse-stasi-east-germany.html)
The Pentagon falsely smeared USA Today reporters because they investigated illegal Pentagon propaganda (http://www.washingtonsblog.com/2012/04/pentagon-smears-usa-today-reporters-for-wait-for-it-investigating-illegal-pentagon-propaganda.html)
When one of the most respected radiologists in America – the former head of the radiology department at Yale University – attempted to blow the whistle on the fact that the FDA had approved a medical device manufactured by General Electric because it put out massive amounts of radiation, the FDA installed spyware to record his private emails and surfing activities (including installing cameras to snap pictures of his screen), and then used the information to smear him (http://www.washingtonsblog.com/2012/07/fda-gathers-personal-information-then-smears-whistleblowers-on-faulty-medical-devices.html) and other whistleblowers
In an effort to protect Bank of America from the threatened Wikileaks expose of wrongdoing – theDepartment of Justice told Bank of America (http://dailybail.com/home/how-attorney-general-eric-holder-colluded-with-bank-of-ameri.html) to a hire a specific hardball-playing law firm to assemble a team to take down WikiLeaks (and see this (http://www.salon.com/2011/02/15/hunton_williams_wikileaks_chamber/))
The Bush White House worked hard to smear CIA officers (http://www.theage.com.au/news/world/cheney-libby-named-in-smear-bid/2007/01/26/1169788693645.html), bloggers (http://www.nytimes.com/2011/06/16/us/politics/16cole.html?_r=3&src=tptw) and anyone else who criticized the Iraq war
Corruption at the FBI lab led to the execution of scores of innocent people (http://www.washingtonsblog.com/2015/04/fbi-corruption-may-led-execution-14-innocent-people.html)
The FBI smeared top scientists (http://www.washingtonsblog.com/2008/08/the-fbi-admits-it-has-no-case-against-ivins.html) who pointed out the numerous holes in its anthrax case. Indeed, the head of the FBI’s investigation agrees (http://www.washingtonsblog.com/2015/04/head-fbis-anthrax-investigation-calls-b-s.html) that corruption was rampant
Terror attacks such as 9/11, the Boston Marathon bombing and the Texas shooting allhappened because of pervasive corruption (http://www.washingtonsblog.com/2015/04/vulnerability-terrorism-corruption-issue.html) in our intelligence agencies
The biggest companies own (http://www.washingtonsblog.com/2011/06/well-theres-your-problem-right-there-insider-trading-rules-don%E2%80%99t-apply-to-congress.html) the D.C. politicians. Indeed, the head of the economics department at George Mason University (http://www.washingtonsblog.com/2009/10/chairman-of-the-department-of-economics-at-george-mason-university-politicians-are-not-prostitutes-they-are-pimps.html) has pointed out that it is unfair to call politicians “prostitutes”. They are in factpimps … selling out the American people for a price (http://www.washingtonsblog.com/2009/10/chairman-of-the-department-of-economics-at-george-mason-university-politicians-are-not-prostitutes-they-are-pimps.html).
Government regulators have become so corrupted (http://www.washingtonsblog.com/2011/10/federal-reserve-riddled-with-corruption.html) and “captured” by those they regulate (http://www.washingtonsblog.com/2012/07/regulators-sleep-with-industry-provided-prostitutes-while-they-pimp-out-the-american-people.html) that Americansknow that the cop is on the take. Institutional corruption is killing people’s trust in our government and our institutions (http://www.washingtonsblog.com/2012/05/trust.html).
Indeed, America is no longer a democracy or republic … it’s officially an oligarchy (http://www.washingtonsblog.com/2014/04/oligarchy.html).
The allowance of unlimited campaign spending allows the oligarchs (http://articles.baltimoresun.com/2014-04-02/news/bal-slouching-toward-oligarchy-commentary-20140401_1_political-parties-billionaires-president-obama) to purchase politicians (http://www.washingtonpost.com/opinions/ej-dionne-jr-supreme-oligarchy/2014/04/06/823f15ea-bc2e-11e3-9a05-c739f29ccb08_story.html) more directly than ever. Moreover, there are two systems of justice in America (http://www.washingtonsblog.com/2011/04/america-is-a-failed-state-with-a-dual-justice-system-one-for-ordinary-people-and-then-one-for-people-with-money-and-enormous-wealth-and-power.html) … one for the big banks and other fatcats (http://www.democracynow.org/2014/4/15/who_goes_to_jail_matt_taibbi), and one for everyone else (http://www.guardian.co.uk/commentisfree/2012/dec/12/hsbc-prosecution-fine-money-laundering).
Big Corporations Are Also Thoroughly Corrupt
But the private sector is no better … for example, the big banks have literally turned into criminal syndicates (http://www.washingtonsblog.com/2014/05/6-years-financial-crisis-hit-big-banks-still-committing-massive-crimes.html).
Wall Street and giant corporations are literally manipulating every single market (http://www.washingtonsblog.com/2014/12/big-banks-conspire-bp-oil-company-manipulate-market.html).
And the big corporations are cutting corners to make an extra penny … wrecking havoc with their carelessness. For example:
Fracking companies dumped 3 billion gallons (http://www.washingtonsblog.com/2014/11/california-fracked-2.html) of highly-toxic waste into California’s drinking water supply. Fracking is polluting water all over the country (http://www.grist.org/natural-gas/2011-09-14-josh-fox-natural-gas-fracking-documentary-gasland-wins-emmy). A study published in the journal Ground Water predicts that the highly-toxic fluids used in fracking can migrate to aquifers within a few short years (http://www.propublica.org/article/new-study-predicts-frack-fluids-can-migrate-to-aquifers-within-years). In addition, it is now official that fracking can cause earthquakes (http://www.washingtonsblog.com/2011/08/its-official-human-activity-can-cause-earthquakes.html)
Yet fracking companies are using military psychological operations techniques to discredit opponents (http://www.cnbc.com/id/45208498)(and see this (http://www.businessinsider.com/10-counterinsurgncy-tactics-your-local-fracking-corp-will-use-against-you-2011-11))
Monsanto has claimed for decades that Roundup is safe, but the World Health Organization just said that it probably causes cancer (http://www.pbs.org/newshour/rundown/roundup-ingredient-probably-carcinogenic-humans/). Monsanto forbids independent scientists from testing (http://www.washingtonsblog.com/2015/03/meta-study-genetically-modified-food-virtually-independent-scientists-concerned.html) its GMO crops for safety, and attacks the computers (http://www.washingtonsblog.com/2015/03/meta-study-genetically-modified-food-virtually-independent-scientists-concerned.html) of people who oppose GMO foods, sue small farmers when Monsanto GMO crops drift onto their fields (https://www.google.com/search?q=+sue+small+farmers+when+Monsanto+GMO+crop s+drift+onto+their+fields+&ie=utf-8&oe=utf-8)
Big farmers are drenching their crops with Roundup right before harvest (http://www.washingtonsblog.com/2014/11/roundup-dumped-crops-right-harvest.html) … to save a buck
Big food companies work hand-in-glove with the government to dish up unhealthy food (http://www.washingtonsblog.com/2013/02/giant-food-corporations-work-hand-in-glove-with-corrupt-government-agencies-to-dish-up-cheap-unhealthy-food.html)
BP’s criminal negligence (http://www.washingtonsblog.com/2012/04/the-bp-cover-up-2-years-later.html) led to the giant Gulf oil spill
We’ve Forgotten the Lessons of History
The real problem is that we need to learn a little history (http://www.washingtonsblog.com/2014/11/crisis-foreseeable-thousands-years-ago.html):
We’ve known for thousands of years (http://www.washingtonsblog.com/2014/10/pope-corruption-greater-evil-sin.html) that – when criminals are not punished – crime spreads
We’ve known for hundreds of years (http://www.washingtonsblog.com/2011/11/real-free-market-capitalists-demand-that-financial-fraud-be-prosecuted.html) that the failure to punish (http://www.washingtonsblog.com/2014/11/www.washingtonsblog.com/2011/02/william-black-slams-financial-commission-for-failing-to-use-the-f-word-fraud-elites-can-now-commit-white-collar-crime-with-near-impunity.html) financial fraud destroys economies, as it destroys all trust in the financial system
We’ve known for centuries (http://www.washingtonsblog.com/2012/09/america-and-western-civilization-as-a-whole-was-founded-on-a-conspiracy-theory.html) that powerful people – unless held to account – will get together and steal from everyone else
Beyond Partisan Politics
Liberals and conservatives tend to blame our country’s problems on different factors … but they are all connected (http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/02/20150224_problem.jpg).
The real problem is the malignant, symbiotic relationship (http://www.washingtonsblog.com/2011/10/conservatives-and-liberals-agree-end-the-malignant-symbiotic-relationship-between-big-government-and-big-corporations.html) between big corporations and big government.
This article was posted: Thursday, May 7, 2015 at 5:21 am
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Washington’s Blog (http://www.washingtonsblog.com/2015/05/the-main-problem-in-america-corruption.html)
May 7, 2015
Preface: Sadly, in the month since we last posted on this topic, many new examples of corruption have arisen.
Government corruption has become rampant:
Senior SEC employees (http://abcnews.go.com/GMA/sec-pornography-employees-spent-hours-surfing-porn-sites/story?id=10452544#.UASFAZEtvHR) spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes
Nuclear Regulatory Commission workers (http://www.washingtontimes.com/news/2013/nov/20/nuclear-regulators-bypass-federal-firewalls-find-w/?1) watch porn (http://www.washingtontimes.com/news/2013/nov/20/nuclear-regulators-bypass-federal-firewalls-find-w/?1) instead of cracking down on unsafe conditions at nuclear plants
An EPA employee who downloaded 7,000 porn files, then spent 2-6 hours each workday (http://www.huffingtonpost.com/2014/05/07/porn-epa-employee_n_5283106.html)watching porn. He’s been doing it for years … but the EPA never fired him (http://reason.com/blog/2014/09/24/epa-porn-enthusiast-still-employed). Another EPA employeeharassed 16 women co-workers … and then was promoted to a higher-paying job with more responsibility (http://dailycaller.com/2015/04/30/epa-employees-watched-porn-harassed-women-and-got-promoted/), where he harassed more women
NSA spies pass around (http://www.washingtonsblog.com/2014/07/snowden-nsa-employees-routinely-pass-around-nude-photos-mass-surveillance.html) homemade sexual videos and pictures they’ve collected from spying on the American people
NSA employees have also been caught using (http://blogs.wsj.com/washwire/2013/08/23/nsa-officers-sometimes-spy-on-love-interests/) their mass surveillance powers to spy on love interests (http://www.washingtonpost.com/blogs/the-switch/wp/2013/08/24/loveint-when-nsa-officers-use-their-spying-power-on-love-interests/), such as girlfriends, obsessions or former wives (http://www.cnet.com/news/nsa-offers-details-on-loveint-thats-spying-on-lovers-exes/) … and to eavesdrop on American soldiers’ intimate conversations with their wives (http://www.nbcnews.com/id/27107196/ns/us_news-security/t/report-feds-eavesdropped-soldiers-calls/#.U8gkCbGvaZQ) back home. And see this (http://abcnews.go.com/print?id=5987804) (“routinely shared salacious or tantalizing phone calls that had been intercepted” … “‘Hey, check this out … there’s good phone sex’”)
An employee of the Transportation Security Administration admitted that TSA agents share – and laugh at – nude scans (http://www.politico.com/magazine/story/2014/01/tsa-screener-confession-102912.html#.U8gje7GvaZQ) of passengers. Another TSA employee says that screeners make excuses so they can grope and fondle (http://time.com/3822487/tsa-sexual-assault-denver/)travelers that they’re attracted to
Investigators from the Treasury’s Office of the Inspector General (http://thehill.com/homenews/administration/237985-treasury-probe-officials-solicited-prostitutes-accepted-industry-gifts) found that some of the regulator’s employees surfed erotic websites, hired prostitutes and accepted gifts from bank executives … instead of actually working to help the economy
The Minerals Management Service (http://www.nytimes.com/2008/09/11/washington/11royalty.html?_r=1&pagewanted=all) – the regulator charged with overseeing BP and other oil companies to ensure that oil spills don’t occur – was riddled with “a culture of substance abuse and promiscuity”, which included “sex with industry contacts”
Agents for the Drug Enforcement Agency (http://www.washingtonsblog.com/2015/03/government-report-finds-dea-agents-sex-parties-prostitutes-hired-drug-cartels.html) had dozens (http://www.businessinsider.com/r-us-drug-agents-alleged-sex-parties-go-back-to-2001-lawmakers-2015-4) of sex parties with prostitutes hired by the drug cartels they were supposed to stop (they also received money, gifts and weapons from drug cartel members)
Pentagon employees used government credit cards to pay for adult “escorts” (i.e. prostitutes) and to gamble (http://freebeacon.com/issues/pentagon-employees-used-government-credit-cards-for-adult-entertainment/)
Federal agents with the Drug Enforcement Administration and Secret Service (http://www.zerohedge.com/news/2015-03-30/federal-agents-investigating-bitcoin-money-laundering-stole-over-1-million-bitcoin) investigating Bitcoin money laundering extorted and stole over $1 million in Bitcoin
The IRS gave promotions to employees who were themselves tax cheats (http://www.washingtontimes.com/news/2015/may/6/irs-gave-promotions-tax-cheaters-audit/)
The Commodity Futures Trading Commission has conspired with big banks to manipulate commodities prices for decades (http://www.washingtonsblog.com/2013/06/the-big-banks-and-commodities-future-trading-commission-conspired-to-hide-speculation-from-congress.html)
The government-sponsored rating agencies committed massive fraud (http://www.washingtonsblog.com/2009/09/senior-moodys-executives-theres-a-culture-of-covering-up-improper-ratings.html) (and see this (http://www.washingtonsblog.com/2009/08/companies-auditors-rating-agencies-and.html))
The Treasury department allowed banks to “cook their books” (http://abcnews.go.com/Blotter/Economy/story?id=7009596&page=1)
Regulators knew of and allowed (http://www.washingtonsblog.com/2010/04/proof-that-regulators-knew-of-and.html) the use of debt-hiding accounting tricks by the big banks
The Secretary of Treasury (Tim Geithner) was complicit in Lehman’s accounting fraud (http://www.nakedcapitalism.com/2010/03/ny-fed-under-geithner-implicated-in-lehman-accounting-fraud.html?utm_source=twitterfeed&utm_medium=twitter), (and see this (http://www.washingtonsblog.com/2010/03/lehman-fraudulently-cooked-its-book.html))
The former chief accountant for the SEC says (http://www.washingtonsblog.com/2009/04/former-chief-accountant-for-the-sec-bernanke-and-paulson-broke-the-law-and-should-be-prosecuted.html) that Bernanke and Paulson broke the law and should be prosecuted
The government knew about mortgage fraud a long time ago. For example, the FBI warned of an “epidemic” of mortgage fraud in 2004. However, the FBI, DOJ and other government agencies then stood down and did nothing. See this (http://www.huffingtonpost.com/william-k-black/the-two-documents-everyon_b_169813.html) and this (http://finance.yahoo.com/tech-ticker/article/133224/Former-Regulator-Clear-Fraud-in-Financial-Crisis----Why-Isn%27t-Anyone-in-Jail?tickers=BAC,WM,CFC,XLF,JPM). For example, the Federal Reserve turned its cheek and allowed massive fraud (http://www.washingtonpost.com/wp-dyn/content/article/2009/09/26/AR2009092602706.html), and the SEC has repeatedly ignored accounting fraud (http://www.foxbusiness.com/markets/2010/05/17/sec-knew-suprime-accounting-fraud-decade-ago/). Indeed, Alan Greenspan took the position that fraud could never happen (http://www.washingtonsblog.com/2010/04/fraud-finally-makes-news.html)
Paulson and Bernanke falsely stated (http://www.washingtontimes.com/news/2009/oct/05/report-bernanke-paulson-misled-on-bailouts/) that the big banks receiving Tarp money were healthy, when they were not. The Treasury Secretary also falsely told Congress (http://www.washingtonsblog.com/2009/10/government-leaders-said-bailouts-were-needed-because-the-house-next-door-was-burning-down-were-they-right.html) that the bailouts would be used to dispose of toxic assets … but then used the money for something else entirely
A high-level Federal Reserve official says quantitative easing is “the greatest backdoor Wall Street bailout of all time” (http://www.washingtonsblog.com/2013/11/qe-wall-street-bailout.html)
The SEC has been shredding Wall Street documents for decades (http://www.washingtonsblog.com/2011/08/real-reason-sec-has-been-shredding.html) to help the big banks cover up their fraud
The non-partisan Government Accountability Office calls the Fed corrupt and riddled with conflicts of interest (http://www.washingtonsblog.com/2011/10/federal-reserve-riddled-with-corruption.html). Nobel prize-winning economist Joe Stiglitz says the World Bank would view any country which had a banking structure like the Fed as being corrupt and untrustworthy (http://www.ronpaulforums.com/”http://www.washingtonsblog.com/2012/07/fed-independence-is-a-scam-and-no-reason-to-prevent-a-full-audit.html#”>prize). The former vice president at the Federal Reserve Bank of Dallas said said he worried that the failure of the government to provide more information about its rescue spending could signal corruption. “Nontransparency in government programs is always associated with corruption (http://www.washingtonsblog.com/2008/11/former-vice-president-of-dallas-federal-reserve-failure-of-the-government-to-provide-more-information-about-bailout-could-signal-corrruption.html) in other countries, so I don’t see why it wouldn’t be here,” he said
Arguably, both the Bush and Obama administrations broke the law by refusing to close insolvent banks (http://www.washingtonsblog.com/2009/04/bush-and-obama-administrations-both.html)
Congress may have covered up illegal tax breaks (http://www.washingtonsblog.com/2008/11/congress-covered-up-illegal-tax-break.html) for the big banks
Police have been busted (http://www.washingtonsblog.com/2015/03/police-frame-innocent-people.html) framing innocent people
Warmongerers in the U.S. government knowingly and intentionally lied (http://www.washingtonsblog.com/2013/03/top-republican-leaders-say-iraq-war-was-really-for-oil.html) us (http://www.washingtonsblog.com/2012/10/5-hours-after-the-911-attacks-donald-rumsfeld-said-my-interest-is-to-hit-saddam-he-also-said-go-massive-sweep-it-all-up-things-related-and-not-and-at-2.html) into (http://www.washingtonsblog.com/2009/11/everyone-knew-that-iraq-didnt-have-wmds.html) a war of aggression in Iraq. The former head of the Joint Chiefs of Staff – the highest ranking military officer in the United States – said that the Iraq war was “based on a series of lies” (http://www.washingtonsblog.com/2010/10/former-chairman-of-the-joint-chiefs-iraq-war-based-on-a-series-of-lies.html). The same is true in Libya and other wars (http://www.washingtonsblog.com/2015/03/original-sin-first-humanitarian-war.html)
The government lied when it said it doesn’t conduct mass surveillance on Americans (http://www.washingtonsblog.com/2014/07/proof-nsa-still-lying-spying-americans.html), and then lied again when it said that spying was aimed at protecting America (http://www.washingtonsblog.com/2014/06/spying-dissent.html) against terrorists
The government also lied when it said American doesn’t torture (http://www.cbsnews.com/news/bush-we-dont-torture/) (and see this (http://www.theguardian.com/us-news/2014/dec/09/cia-torture-report-released)), and then lied once again when it said torture was aimed at protecting America (http://www.washingtonsblog.com/2014/12/need-know-senate-torture-report.html) against terrorists
The government made sure that false claims were made about the amount of oil spilled by BP in the Gulf (http://phys.org/news205605198.html)
The government has framed whistleblowers with false evidence (http://www.washingtonsblog.com/2014/06/senior-nsa-manager-police-state-worse-stasi-east-germany.html)
The Pentagon falsely smeared USA Today reporters because they investigated illegal Pentagon propaganda (http://www.washingtonsblog.com/2012/04/pentagon-smears-usa-today-reporters-for-wait-for-it-investigating-illegal-pentagon-propaganda.html)
When one of the most respected radiologists in America – the former head of the radiology department at Yale University – attempted to blow the whistle on the fact that the FDA had approved a medical device manufactured by General Electric because it put out massive amounts of radiation, the FDA installed spyware to record his private emails and surfing activities (including installing cameras to snap pictures of his screen), and then used the information to smear him (http://www.washingtonsblog.com/2012/07/fda-gathers-personal-information-then-smears-whistleblowers-on-faulty-medical-devices.html) and other whistleblowers
In an effort to protect Bank of America from the threatened Wikileaks expose of wrongdoing – theDepartment of Justice told Bank of America (http://dailybail.com/home/how-attorney-general-eric-holder-colluded-with-bank-of-ameri.html) to a hire a specific hardball-playing law firm to assemble a team to take down WikiLeaks (and see this (http://www.salon.com/2011/02/15/hunton_williams_wikileaks_chamber/))
The Bush White House worked hard to smear CIA officers (http://www.theage.com.au/news/world/cheney-libby-named-in-smear-bid/2007/01/26/1169788693645.html), bloggers (http://www.nytimes.com/2011/06/16/us/politics/16cole.html?_r=3&src=tptw) and anyone else who criticized the Iraq war
Corruption at the FBI lab led to the execution of scores of innocent people (http://www.washingtonsblog.com/2015/04/fbi-corruption-may-led-execution-14-innocent-people.html)
The FBI smeared top scientists (http://www.washingtonsblog.com/2008/08/the-fbi-admits-it-has-no-case-against-ivins.html) who pointed out the numerous holes in its anthrax case. Indeed, the head of the FBI’s investigation agrees (http://www.washingtonsblog.com/2015/04/head-fbis-anthrax-investigation-calls-b-s.html) that corruption was rampant
Terror attacks such as 9/11, the Boston Marathon bombing and the Texas shooting allhappened because of pervasive corruption (http://www.washingtonsblog.com/2015/04/vulnerability-terrorism-corruption-issue.html) in our intelligence agencies
The biggest companies own (http://www.washingtonsblog.com/2011/06/well-theres-your-problem-right-there-insider-trading-rules-don%E2%80%99t-apply-to-congress.html) the D.C. politicians. Indeed, the head of the economics department at George Mason University (http://www.washingtonsblog.com/2009/10/chairman-of-the-department-of-economics-at-george-mason-university-politicians-are-not-prostitutes-they-are-pimps.html) has pointed out that it is unfair to call politicians “prostitutes”. They are in factpimps … selling out the American people for a price (http://www.washingtonsblog.com/2009/10/chairman-of-the-department-of-economics-at-george-mason-university-politicians-are-not-prostitutes-they-are-pimps.html).
Government regulators have become so corrupted (http://www.washingtonsblog.com/2011/10/federal-reserve-riddled-with-corruption.html) and “captured” by those they regulate (http://www.washingtonsblog.com/2012/07/regulators-sleep-with-industry-provided-prostitutes-while-they-pimp-out-the-american-people.html) that Americansknow that the cop is on the take. Institutional corruption is killing people’s trust in our government and our institutions (http://www.washingtonsblog.com/2012/05/trust.html).
Indeed, America is no longer a democracy or republic … it’s officially an oligarchy (http://www.washingtonsblog.com/2014/04/oligarchy.html).
The allowance of unlimited campaign spending allows the oligarchs (http://articles.baltimoresun.com/2014-04-02/news/bal-slouching-toward-oligarchy-commentary-20140401_1_political-parties-billionaires-president-obama) to purchase politicians (http://www.washingtonpost.com/opinions/ej-dionne-jr-supreme-oligarchy/2014/04/06/823f15ea-bc2e-11e3-9a05-c739f29ccb08_story.html) more directly than ever. Moreover, there are two systems of justice in America (http://www.washingtonsblog.com/2011/04/america-is-a-failed-state-with-a-dual-justice-system-one-for-ordinary-people-and-then-one-for-people-with-money-and-enormous-wealth-and-power.html) … one for the big banks and other fatcats (http://www.democracynow.org/2014/4/15/who_goes_to_jail_matt_taibbi), and one for everyone else (http://www.guardian.co.uk/commentisfree/2012/dec/12/hsbc-prosecution-fine-money-laundering).
Big Corporations Are Also Thoroughly Corrupt
But the private sector is no better … for example, the big banks have literally turned into criminal syndicates (http://www.washingtonsblog.com/2014/05/6-years-financial-crisis-hit-big-banks-still-committing-massive-crimes.html).
Wall Street and giant corporations are literally manipulating every single market (http://www.washingtonsblog.com/2014/12/big-banks-conspire-bp-oil-company-manipulate-market.html).
And the big corporations are cutting corners to make an extra penny … wrecking havoc with their carelessness. For example:
Fracking companies dumped 3 billion gallons (http://www.washingtonsblog.com/2014/11/california-fracked-2.html) of highly-toxic waste into California’s drinking water supply. Fracking is polluting water all over the country (http://www.grist.org/natural-gas/2011-09-14-josh-fox-natural-gas-fracking-documentary-gasland-wins-emmy). A study published in the journal Ground Water predicts that the highly-toxic fluids used in fracking can migrate to aquifers within a few short years (http://www.propublica.org/article/new-study-predicts-frack-fluids-can-migrate-to-aquifers-within-years). In addition, it is now official that fracking can cause earthquakes (http://www.washingtonsblog.com/2011/08/its-official-human-activity-can-cause-earthquakes.html)
Yet fracking companies are using military psychological operations techniques to discredit opponents (http://www.cnbc.com/id/45208498)(and see this (http://www.businessinsider.com/10-counterinsurgncy-tactics-your-local-fracking-corp-will-use-against-you-2011-11))
Monsanto has claimed for decades that Roundup is safe, but the World Health Organization just said that it probably causes cancer (http://www.pbs.org/newshour/rundown/roundup-ingredient-probably-carcinogenic-humans/). Monsanto forbids independent scientists from testing (http://www.washingtonsblog.com/2015/03/meta-study-genetically-modified-food-virtually-independent-scientists-concerned.html) its GMO crops for safety, and attacks the computers (http://www.washingtonsblog.com/2015/03/meta-study-genetically-modified-food-virtually-independent-scientists-concerned.html) of people who oppose GMO foods, sue small farmers when Monsanto GMO crops drift onto their fields (https://www.google.com/search?q=+sue+small+farmers+when+Monsanto+GMO+crop s+drift+onto+their+fields+&ie=utf-8&oe=utf-8)
Big farmers are drenching their crops with Roundup right before harvest (http://www.washingtonsblog.com/2014/11/roundup-dumped-crops-right-harvest.html) … to save a buck
Big food companies work hand-in-glove with the government to dish up unhealthy food (http://www.washingtonsblog.com/2013/02/giant-food-corporations-work-hand-in-glove-with-corrupt-government-agencies-to-dish-up-cheap-unhealthy-food.html)
BP’s criminal negligence (http://www.washingtonsblog.com/2012/04/the-bp-cover-up-2-years-later.html) led to the giant Gulf oil spill
We’ve Forgotten the Lessons of History
The real problem is that we need to learn a little history (http://www.washingtonsblog.com/2014/11/crisis-foreseeable-thousands-years-ago.html):
We’ve known for thousands of years (http://www.washingtonsblog.com/2014/10/pope-corruption-greater-evil-sin.html) that – when criminals are not punished – crime spreads
We’ve known for hundreds of years (http://www.washingtonsblog.com/2011/11/real-free-market-capitalists-demand-that-financial-fraud-be-prosecuted.html) that the failure to punish (http://www.washingtonsblog.com/2014/11/www.washingtonsblog.com/2011/02/william-black-slams-financial-commission-for-failing-to-use-the-f-word-fraud-elites-can-now-commit-white-collar-crime-with-near-impunity.html) financial fraud destroys economies, as it destroys all trust in the financial system
We’ve known for centuries (http://www.washingtonsblog.com/2012/09/america-and-western-civilization-as-a-whole-was-founded-on-a-conspiracy-theory.html) that powerful people – unless held to account – will get together and steal from everyone else
Beyond Partisan Politics
Liberals and conservatives tend to blame our country’s problems on different factors … but they are all connected (http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/02/20150224_problem.jpg).
The real problem is the malignant, symbiotic relationship (http://www.washingtonsblog.com/2011/10/conservatives-and-liberals-agree-end-the-malignant-symbiotic-relationship-between-big-government-and-big-corporations.html) between big corporations and big government.
This article was posted: Thursday, May 7, 2015 at 5:21 am