The Senate Permanent Subcommittee on Investigations has issued a report on the “London Whale” trades and JP Morgan detailing what it titles “A case history of derivatives risks and abuses.”
I could go through the entire report (and have read it) and detail each and every point of abuse and intentional obfuscation, but it’s not necessary to do so.
The key point take from this report, and the hearing that will be held today, is singular:
The conduct detailed therein is a criminal federal offense. So says Sarbanes-Oxley, a law passed after myriad false statements made by corporate executives in the 1990s left investors with big losses and the only retribution available was through civil suit for various alleged torts, including the collapse of both Worldcom and Enron.
Congress responded with a law that requires the CEO of a public company to certify that the financial reports issued by the company be truthful in all material respects and imposes criminal penalties for false statements.
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Saturday, March 16, 2013
NONE ARE TOO BIG TO FAIL AND MANY BELONG IN JAIL
OBAMA - CRISIS TO CRISIS
Submitted by: Donald Hank
Congress stops talented immigrants getting into the country (and makes criminals of many who are there).
So when illegal aliens come to the US and give Phoenix, for example, the highest kidnapping rate in the country and second in the world, that is OUR fault for 'making criminals' of them? And our talented college grads can't find jobs but you want us to import talent?
And then he blames both Obama and the Republicans equally for the impasse in the budget.
Hold on, pal. Obama gave us an unpayable debt, job killing regs and a $trillion welfare bill every year and you're only complaint is that Congress can't find a way to agree with the president's insane policies?
Sounds like a benighted Brit who hasn't a clue!
The Economist?
They should call it The Socialist. We have enough bad ideas without importing them.
Don Hank
Luckily, dysfunction in Washington is only one side of America’s story
UNIONS PRACTICING THUGGERY AGAIN
Dear Conservatives,
Lies. Threats. Fraud.
In a Card Check campaign, aggressive union organizers will intimidate and harass workers until they sign so-called "union authorization cards."
These dirty tricks and aggressive tactics will storm through workplaces nationwide if Big Labor rams the Card Check Forced Unionism Bill through Congress -- or gets Obama's federal bureaucracy to implement it through the backdoor.
But these campaigns are already happening across America -- and your National Right to Work Foundation is fighting back.
Last month, with free legal aid from Foundation staff attorneys, a Nova Services employee in Toledo, Ohio, filed federal unfair labor practice charges against Ironworkers Local 55 union bosses resorting to outright bribery to get him and his coworkers to support the union.
One union organizer offered a worker a $50,000 bribe to support the union organizing campaign.
Lies. Threats. Fraud.
In a Card Check campaign, aggressive union organizers will intimidate and harass workers until they sign so-called "union authorization cards."
These dirty tricks and aggressive tactics will storm through workplaces nationwide if Big Labor rams the Card Check Forced Unionism Bill through Congress -- or gets Obama's federal bureaucracy to implement it through the backdoor.
But these campaigns are already happening across America -- and your National Right to Work Foundation is fighting back.
Last month, with free legal aid from Foundation staff attorneys, a Nova Services employee in Toledo, Ohio, filed federal unfair labor practice charges against Ironworkers Local 55 union bosses resorting to outright bribery to get him and his coworkers to support the union.
One union organizer offered a worker a $50,000 bribe to support the union organizing campaign.
NO JUSTICE IN CYPRUS
Submitted by: Donald Hank
In a nutshell, the government of Cyprus just took 10% of every one of their citizens' bank deposits and gave it to their insolvent banks.
CYPRUS Nails DEPOSITORS?!
If there was ever a reason to hang some banksters from the nearest light pole, you’ve now seen it:
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SEN CRUZ TAKES ON SEN FEINSTEIN AND DISCOVERS AN IDIOT!
Submitted by: John Butler
A Know it all with a Big Mouth
By admin ~ March 15th, 2013 @ 13:57
By
Aaron Cantor USAF (ret)
Sen. Dianne Feinstein, Democrat of California, and gun control advocate, had a fierce clash with newcomer Ted Cruz, a freshman senator from Texas. The two had a tense debate that caught the interest of the Web.
The tea party partisan wanted to know from the senior senator if she would “deem it consistent with the Bill of Rights” to apply the same guidelines of banning weapons in the Second Amendment to the banning of books in the First Amendment?
Directing his question at Feinstein, he asked, “Would she consider it constitutional for Congress to specify that the First Amendment shall apply only to the following books and shall not apply to the books that Congress has deemed outside the protection of the Bill of Rights?”
PRESIDENTIAL SECRETS BEYOND BELIEF
Submitted by: Nancy Battle
PLEASE, PLEASE, take the time to watch this in it's entirety !!!
I wound up listening intently to Chip Tatum's message to the American people.......PASS THIS ON TO EVERYONE !! (it's over 1 hr. long)...Nancy
WATCH THIS AND YOU MUST AGREE - SPECIAL INTEREST IS DESTRUCTIVE TO AMERICA
Submitted by: Nancy Battle
Not Democrat or Republican. HOLD ON TO YOUR HATS; THIS VIDEO IS UNBELIEVABLE. This 3 minute 40 second video clip may be the most important clip you have ever watched. This is probably the most intelligent presentation
of the truth you have seen in a long time. Please take the time to view this clip and then share it with others!
of the truth you have seen in a long time. Please take the time to view this clip and then share it with others!
WATCH è View Video Clip Here!!
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CPAC HEARS Dr CARSON
Submitted by: Nancy Battle
This man is one of the most inspiring, common sense, men to come along in centuries........'he' is the medicine America needs !!!!!!!!!!!!!!!
(type in Part 2 after you see this Part 1)
OLD JARHEAD 03/16/2013 CONSERVATIVE POLITICAL DIGEST
Old Jarhead's Political SitRep for March 16, 2013
Click on the link to get the full SitRep
Robert A. Hall
CONSERVATIVE ARTICLES 03/16/2013
Submitted by: BobJen
To: The NationalMiddleClass Network & TeaParties...These columns are not necessarily our views; more in fairness to both sides. So, please keep the feedback coming. Thanks. Also, as many know, we are having IP issues. So, if you've received this NewsMail in error or wish to be removed, please let us know. So far, those so requesting since this inception is virtually zero. Thanks again
National MiddleClass Network NewsBriefer
“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” Arthur Schopenhauer (1788 – 1860)
"We do have friends in both parties, but we don't have a friend in the parties." - Don Hank
Comment: Ms. Dauntless Patriot, a ReFounding Mother. At CPAC, she personally talked to Member of the Judiciary Committee Congressman Gohmert, Senator Inhofe, Congressman S. King and retired Senator and current president of the Heritage Foundation Jim Demint and showed them evidence re the Eligibility Issue. They reportedly said they didn't know anything about it.
So those of you, from those four states, please back her play and send them the same "Natural Born Citizen" Information Request that Major General Childers just sent to his (and we sent to ours). If you need a copy of it >>> http://beforeitsnews.com/alternative/2013/03/mg-childers-requests-nbc-info-from-his-congressmembers-2594308.html Thanks.
CPAC Raided: Four Congressman Presented With Obama Identity Document Fraud Evidence CPAC Raided: Four Congressman Presented With Obama Identity Document Fraud Evidence; Claim To Be Unaware Of Obama Identity FraudEvidence Press Release via Dr. Taitz: Law Offices of Dr. Orly...
Comment: Anyone wanting to request the same, use MG Childers' request, just change the name, email it and send us a copy of any response (bobjen3@optimum.net ) . Followup as needed when no response.
Now, Maj Gen Childers Requests "NBC" Info From His Congressmembers
http://beforeitsnews.com/alternative/2013/03/mg-childers-requests-nbc-info-from-his-congressmembers-2594308.htmlDON RICKLES SHOULD HAVE SPOKEN BEFORE CONGRESS!
Submitted by: Lady E
Only at 84 could he get away with this...
Hello, Dummies! Oh my , look at you. Anyone else hurt in the accident?
Seriously, Senator Reid has a face of a Saint... a Saint Bernard. Now I know why they call you the arithmetic man. You add partisanship, subtract pleasure, divide attention, and multiply ignorance. Reid is so physically unimposing, he makes Pee Wee Herman look like Mr. T. And Reid's so dumb, he makes Speaker Pelosi look like an intellectual. Nevada is soooo screwed! If I were less polite, I'd say Reid makes Kevin Federline look successful.
Speaking of the Speaker... Nancy Pelosi, hubba, hubba! Hey baby, you must've been something before electricity. Seriously, the ex- Speaker may look like an idiot and talks like an idiot but don't let that fool you. She really is an idiot.
Only at 84 could he get away with this...
Hello, Dummies! Oh my , look at you. Anyone else hurt in the accident?
Seriously, Senator Reid has a face of a Saint... a Saint Bernard. Now I know why they call you the arithmetic man. You add partisanship, subtract pleasure, divide attention, and multiply ignorance. Reid is so physically unimposing, he makes Pee Wee Herman look like Mr. T. And Reid's so dumb, he makes Speaker Pelosi look like an intellectual. Nevada is soooo screwed! If I were less polite, I'd say Reid makes Kevin Federline look successful.
Speaking of the Speaker... Nancy Pelosi, hubba, hubba! Hey baby, you must've been something before electricity. Seriously, the ex- Speaker may look like an idiot and talks like an idiot but don't let that fool you. She really is an idiot.
LOOK AT FACTS - LIBERALS WITH GUNS ARE THE PROBLEM!
Submitted by: Lady E
Liberals with guns. Video is short, sweet, and true
CLICK SITE BELOW
NO TO OBAMA'S AMNESTY...NO WITH A LOUD VOICE!
Submitted by: Donald Hank
Obama is really trying to pull the wool over the Republican Leaders of Congress in his lies about amnesty. He relies on the Left being willing to continue giving away our tax dollars for their votes he laughs at the thought of seeing his 'con' take hold!
http://www.vdare.com/posts/obama-said-what
Obama is really trying to pull the wool over the Republican Leaders of Congress in his lies about amnesty. He relies on the Left being willing to continue giving away our tax dollars for their votes he laughs at the thought of seeing his 'con' take hold!
http://www.vdare.com/posts/obama-said-what
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