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Banned
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Originally Posted by Ustwo
Oh this is a spam thread, never mind.
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...no, it's not a "spam thread"...it's a thread that documents the destruction of respect for the rule of law, by the highest government authorities, in less than a seven year period....and about the double standard....one set of consequences for those who commit crimes and who take financial risks.....for most of us....and an ARTIFICAL set of non-consequences....the purchased escape from any consequences at all...by the elite, at the expense of the rest of us.....
...and I've reduced my points and my "evidence", to a brevity that you and ngdawg can surely negotiate....if you are willing:
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http://www.foxnews.com/story/0,2933,301152,00.html
....John Edwards has no chance to become president because he's simply too far-left for most Americans, but the positions he holds are now acceptable to millions of voters and to much of the mainstream media. Let's run them down.....
....So just talking about your personal security, would you support President John Edwards?
Remember, no coerced interrogation, civilian lawyers in courts for captured overseas terrorists, no branding the Iranian guards terrorists, and no phone surveillance without a specific warrant.
"Talking Points" believes most Americans reject that foolishness....
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http://www.nytimes.com/2007/10/14/op...rssnyt&emc=rss
“We got more information out of a German general with a game of chess or Ping-Pong than they do today, with their torture,” said Henry Kolm, 90, an M.I.T. physicist whose interrogation of Rudolf Hess, Hitler’s deputy, took place over a chessboard. George Frenkel, 87, recalled that he “never laid hands on anyone” in his many interrogations, adding,
“I’m proud to say I never compromised my humanity.”
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Quote:
http://www.salon.com/opinion/greenwa...law/index.html
THE RULE of law can be defined as
a system in which the laws are public knowledge, are clear in meaning, and apply equally to everyone.
They enshrine and uphold the political and civil liberties that have gained status as universal human rights over the last half-century. . . . Perhaps most important, the government is embedded in a comprehensive legal framework,
its officials accept that the law will be applied to their own conduct, and the government seeks to be law-abiding.
What is happening now in Washington is -- in every respect -- the exact opposite of this....
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Quote:
http://www.bloomberg.com/apps/news?p...QnmRI&refer=us
....The Treasury Department encouraged the banks to work together, and it jump-started the talks with a meeting of Wall Street executives in Washington on Sept. 16, said a person with knowledge of the deliberations. Robert Steel, the Treasury's top domestic finance official, brought the lenders together and prodded the competitors to keep working through the following weeks. Treasury Secretary Henry Paulson, a former chief executive officer of Goldman Sachs Group Inc., also made calls.
``Paulson definitely has the cachet to bring everyone to the table, because of his long experience on Wall Street,'' said Joe Mason, associate professor of business at Drexel University in Philadelphia and a former financial economist at the Treasury's Office of the Comptroller of the Currency.
The fund would help SIVs, which own $320 billion of assets,
avoid selling their holdings at fire-sale prices, further roiling the credit markets....
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Quote:
http://money.cnn.com/2007/08/24/maga...ion=2007082417
....There is a good chance that other large banks, like J.P. Morgan (Charts, Fortune 500), have been granted similar exemptions. The Federal Reserve and J.P. Morgan didn't immediately comment.
The regulations in question effectively limit a bank's funding exposure to an affiliate to 10% of the bank's capital. But the Fed has allowed Citibank and Bank of America to blow through that level. Citigroup and Bank of America are able to lend up to $25 billion apiece under this exemption, according to the Fed. If Citibank used the full amount, "that represents about 30% of Citibank's total regulatory capital, which is no small exemption,"
says Charlie Peabody, banks analyst at Portales Partners.
The Fed says that it made the exemption in the public interest, because it allows Citibank to get liquidity to the brokerage in "the most rapid and cost-effective manner possible."
So, how serious is this rule-bending? Very. One of the central tenets of banking regulation is that banks with federally insured deposits should never be over-exposed to brokerage subsidiaries; indeed, for decades financial institutions were legally required to keep the two units completely separate. This move by the Fed eats away at the principle.....
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Ustwo...it's my stepson who is in uniform....and his latest deployment to a combat zone was recenlty pushed up by several weeks....he's "over there", now. Mercifully for him....he believes in all that this administration is doing, armed as he is with a strict Southern baptist doctrine and political view, and firm in his belief that the republican party and it's platform have his back...because he intends to be rich in the not too distant, future, too! I wonder how many other republicans "keep the faith" by convincing
themselves that their admission to the ranks of the elite is just around the corner, where the rules/challenges that apply to the rest of us...will soon not apply to them....once they attain admission.....
...and I never imgained living in a country where a TV commentator would broadcast with certainty, that a candidate who is against violating US Senate ratified Geneva convention defined crimes against humanity, conventional military and civilian court rules for criminal trials, fourth amendment constitutional rights protections, and the petty "baiting" of internal security apparatus of a foreign country....is unsuitable to be president of the US....but here we are.....
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