But a small group of vulture funds have been trying to divert that money into their own pocket. How Republican presidential nominee Mitt Romney’s former firm, Bain Capital, and others have used private equity to raise money to conduct corporate raids. "It’s just a scheme to take a cash-rich company and move all that cash to a few actors — typically it’s the executives of the target company and the executives in the private equity firm — and then you force everybody else to pay."
Wall Street scandals — including a decade-long Wall Street scandal that drained money from every county and state in the United States — and notes not a single bank executive has faced individual consequences. In Libor, it was 16 banks acting in concert to rig the international interest rates. What this one was was a number of the world’s biggest banks colluding to artificially suppress the amount of money that cities and towns earned on their municipal bond service.
The Libor, scandals trillions of dollars, and not a single person has had to have any individual consequence. So you talk about all those settlements. Those are all paid by the company and by the shareholders. Not a single person since 2008 has gone to—has been indicted, has gone to jail, has spent a day in jail, or has paid any kind of money out of his own pocket. And until there’s any individual consequence, it’s really a license to steal. If you can’t go to jail for rigging an $800 trillion market, what can you go to jail for? This is the result of a selfish, greed-driven society. They've hardened their hearts for so long and are so blinded by greed and hypocrisy that they don't even hear the pitiful pleas of these poor suffering ones.
Ted Rudow III, MA
Not telling people it's $25 to register, huh?
Great to see more people using WeGo Sonoma — there's certainly a lot of potential in our community and Avego's system makes ridesharing more flexible than ever before.
Marin and conservative in the same description??
Called Libor, which that stands for London Interbank Offered Rate and it involves a group of bankers who set a daily interest rate affecting trillions of dollars of transactions around the world. Your home mortgage, your college debt, your credit card fees - these could have been affected by Libor.
20 other megabanks are now under investigation, including Citigroup and JPMorgan Chase. Open collusion with other banks to lowball or highball the rates to profit. "The New York Times" reporting, "As unemployment climbed and tax revenue fell the city of Baltimore laid off employees and cut services in the midst of the financial crisis. Its leaders now say the city's troubles were aggravated by bankers' manipulation of this key interest rate linked to hundreds of millions of dollars the city had borrowed."
What you’ve just seen is a cartel in operation, which -- not maybe -- did distort Libor for the benefits of the largest banks in the cartel. It is the largest rigging of prices in the history of the world, by many orders of magnitude. Libor is one example where we left it to banks to themselves to set important benchmarks. Many in the West are naïve about the real plight of the world. There are many who live a life of ease‚ unaware of the hurt that ravishes the world on a daily basis through man's bad choices.
Ted Rudow III
I enjoyed reading your blog post. It has been a few weeks now since I visited a Bohemian, a local one.
To the friends of BOHO, use discount code "boho12" when purchasing online and get $20 off per $45 ticket until this Friday, July 20. Here's the link: http://rootstockfestival.com/rootstock/Tic…
Joel Quigley, co-executive producer
If people grow their own Cannabis hemp -- a dietary essential -- then medical supplies are less needed. The best "medicine" is essential nutrition that keeps you from getting sick in the first place.
Dr. William Courtney and Kristen Courtney: Cannabis, children and pregnancy
The simple, polar shift in values that is necessary for avoiding systemic collapse, will serve us only if it is achieved in time to have an effect: Cannabis is essential, not illegal.
There aren't enough positive adjectives to describe the job that Gabe did coordinating all the contest. It was great fun!
The 24-hour band contest was a risk, but it definitely paid off. It was amazing to see what the musicians pulled together on such short notice. Well done.
Ted Rudow III 1 comment
The Olympics are the worship of man, the worship of his body. But sports are the worship of man's body; war is the ultimate that all of these lead to. The ultimate manifestation of all of these is War.--His physical prowess, his mechanical ingenuity, his tactical genius and his indomitable spirit! The Olympics are the worship of man, the worship of his body. But sports are the worship of man's body; war is the ultimate that all of these lead to. The ultimate manifestation of all of these is War.--His physical prowess, his mechanical ingenuity, his tactical genius and his indomitable spirit!War is the ultimate combination. Man at his best, which is his worst!--WAR! His most destructive worst, his greatest strength, his greatest genius, his greatest inventive power and his greatest spirit, patriotism or whatever you want to call it, is used for war and a competitive spirit against others who are doing the same.
See how this competitive sports thing has been the final stages of every great civilisation and empire!--The worship of the body. It's very sexual too, as you notice, all these things are very sexy. So sex is included as a part, but in some ways a very minor part.Sports glorifies sex, but at the same time belittles it and pretends to dislike it.
Did you know that the Nicaragua-El Salvador War, in which 20,000 people were killed, started over a football game? In fact, Ernest Hemingway, the world famous writer, who spent so much of his time in Latin America and Spain, said you could eliminate most Latin American wars and their causes by simply banning football or soccer! Those games get them so worked up into a frenzy against each other that nothing but a total all-out war can truly satisfy the spirit of it! The whole thing is a worship of the flesh and the worship of man with a competitive spirit of war, the very essence of contention and competition and struggle: warfare, and the perfect preparation for it! Sports is war in disguise, and the Olympics disguised all this under the totally false and contrary theme song of "Peace"! That's their theme!--Isn't that something. So they speak peace while war is in their hearts, and they talk peace while they prepare for war--prepare their bodies for war!
Is the Matt Cain.... perfect?
you have only a small point thier ,;SECURITY, can prevent that in an area during cook-offs team members only, that does not seem as wee a good enough excuse.we the fans of him,expect this and expect him to show he's hands on more often.no-one doubts he can do it .Its not that, we just expect. and DR. BBQ ROCKS ,LOVE WHAT THAT GUY DOES.
I know your questions are tongue-in-cheek, but, in reality, imagine trying to concentrate on cooking perfect BBQ when you have a thousand fans trying to get your autograph. Guy loves BBQ and I am sure he wishes that sometimes he were not so famous so that he could sit back with a cold one and just enjoy his friends and the good times. The price of fame
To equate the Fourth of July with Christianity is absurd! I do not like the spreading of American-style democracy at the hands of the bloodthirsty and warlike Americans themselves. This does not lead to more Christianity, but to a nation drifting further.
Has America brought more Christianity and Christian values to Iraq or Afghanistan, or other nations it has attacked in one way or another in recent years? No, the opposite is true. America cannot impose righteousness on others. That is a personal affair, not something that can be imposed in a national crusade.
Materialism, "the devotion to material wealth and possessions at the expense of spiritual or intellectual values," is virtually synonymous with capitalism, the profit-driven system that dominates the economies and nations of today.
Ted Rudow III
Too many Americans are still out of work to justify cuts to the food stamp program. Democrats and Republicans banded together in the Senate to defeat an amendment by Sen. Rand Paul, R-Ky., to slash spending on the program nearly in half.
Still, a version of the 2012 Farm Bill passed by the Senate Agriculture Committee and being debated by the Senate floor contains a $4.5 billion reduction over the next decade to the Supplemental Nutritional Assistance Program budget. The cuts aren’t as steep as Paul’s proposal and they represent a fraction of the federal program’s $80 billion a year spending. But it would nonetheless be a devastating blow to poor families. An amendment restoring cuts, offered by Sen. Kirsten Gillibrand, D-N.Y., is the best solution. Her amendment would not add to the deficit. Restoring cuts to the food stamp program would be paid for by capping subsidies to the highly profitable crop insurance companies
They even made the poor people fight these wars for them, when all the poor really wanted was peace and enough to eat and wear and a place to sleep.They refuse to fight these wars and rebelled against letting the rich rob them.
Ted Rudow III
Curious about this book and hope read this as my Dad also went to UC Berkeley and would have been 100 this year . . . and majored in Agriculture and Forestry.
I used to sit on my porch in the morning and watch them lift off every year until they forced the closure of Windsorland Mobile Home Park...but that's another story for another day...
This is an amazing spectacle to see and I suggest that you get up before the sun does, drive to Windsor and watch...then eat breakfast at the Downtown Grill or get a cuppa at Cafe Noto...
I look forward to reading this book.
Music. You know the drill. Get your summer on with headliners Chuck Prophet, Cold Blood and others on Saturday and Sunday, June 9–10, in downtown Novato...This may work..Not Dick Dale, this year...but I love Mr. and Mrs. Prophet, and ColdBlood and so much more...b
2013 Metro Newspapers. All rights reserved.
Website powered by Foundation