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Saturday, October 27, 2012

Strange Fruit

I always wondered why there were never any whistle-blowers from the Wall Street Crash? It seems there is one, but even he doesn't give specifics about the criminal behavior at Goldman. I think they all have made big money and are afraid of breaking their non-disclosure contracts.

Listen to the interview on CBC DAY6:
Former Goldman Sachs VP Greg Smith made a splash with a very public resignation from the financial firm in March with an op-ed in the New York Times. In it, he detailed why he believes the culture of the firm turned toxic, and accused his co-workers of callously ripping clients off. His new book Why I Left Goldman Sachs: A Wall Street Story was releasesd this week.

End Debt Slavery;

Among other things you can do to free yourself from the cycle of debt-slavery, including moving all financial accounts from banks to local credit-unions, moving all investments out of wall street brokers like Goldman Sachs into government bonds and local small businesses, and end your use of credit cards.

Now you can permanently remove yourself from all credit card prescreen mailing lists, so you will never be tempted by 0% interest bait and switch deals.

Simply go to
Fill out the form, print and mail it in.

The consumer credit reporting industry (i.e. monopoly) will stop including your name when they sell their lists:
  • Equifax 
  • Experiean 
  • Innovis 
  • Transunion
If you choose to Opt-Out, you will no longer be included in firm offer lists provided by these four consumer credit reporting companies.  

Sunday, October 07, 2012

Clinton Global Inishitive

Bill Clinton is the best man for the job of bringing bright minds together to cooperate and build solutions to some of our most critical global problems.

Saturday, October 06, 2012

Legal requirement to maximize profits.

The lesson is don't incorporate as a for-profit, and don't sell stock to raise money.
But what I think should be the law — and what a couple politically-biased professors claim is the law — isn’t necessarily the law. Under eBay v. Newman, the law is as Franken said:  “it is literally malfeasance for a corporation not to do everything it legally can to maximize its profits.” Just ask Jim and Craig; no one disputes it’s their company, but they’re legally prohibited from taking steps to preserve the profit-alongside-community-service mission that’s served them well. Maximize profits, or else. 
The impact of this duty-to-maximize-profits stretches far beyond mere investments. Under Citizens United, corporations now have the First Amendment right to influence our fragile democracy however they want, since they’re “people,” just like you and me, albeit profit-maximizing zombies who care not for truth, justice, or the American way.