Supreme Court Undoes Obama/DNC Changes To SEC Judges

From three years ago: Constitutionality of Administrative Law Judges at the SEC and Elsewhere – YouTube.

 

The Federalist Society has been pushing to undo the Obama changes to the SEC (I hit the X key accidentally!).  The changes by Obama started out small and ended up huge because the DNC is now all about undoing laws and destroying civil order.  These changes were challenged in court and the district courts filled with DNC judges turned down the plantiffs but the Supreme Court overwhelmingly with only the two elderly female DNC judges, voted together to undo the Obama era changes to how the laws are enforced.

NATO Chief Calls Scottish Referendum For Sovereignty ‘Force of Darkness’

Former NATO Chief: Scottish Secession ‘Cataclysmic’ Blow to World: Independent Scotland a Victory for ‘The Forces of Darkness’–he also claims that Scotland would not be allowed into NATO.  On the other hand, any group in any country which NATO wants to dominate wants the same as the Scots or the Crimeans, well…then it is wonderful, good and proper.

SAC Capital: More Arrests, More Charges Of Insider Trading And Short Selling

 

 

 

 

 

 

 

 

 

 

 

 

 

Video: To Catch a Trader | Watch FRONTLINE Online | PBS Video: a good Frontline expo of insider trading by Wall Street hedge funds.  Of course, it has limitations.  For example, there is zero mention of offshore banking entities like the ones used by Romney.  There is no examination of lobbying Washington to get laws weakened or removed.  Or why hedge funds suddenly shot up like a rocket when the Wall Street laws were changed in 1998.

 

SEC Sacks SAC Capital: Government And Ex-wife Go After Pirate Cohen

 

 

 

 

 

 

 

 

 

 

 

 

 

A cartoon I drew in  2007 when the banking system began its spectacular collapse:  SEC Goes After Sentinel Hedge Fund For Fraud!

 

 

Hedge funds flourished once bank regulations and free trade allowed financiers to operate openly offshore while avoiding taxes.  With the keys to the Federal Reserve vault firmly in hand, they gambled with everyone’s lives, they are the sharks swimming in the world’s free trade oceans, savaging entire countries while becoming very, very rich off of this destructive behavior.

China Will Execute Railway Official While EU and US Bankers Get Rescued

China Sentences Former Railway Minister to Death: unlike in the US where people can destroy entire banking systems with impunity and then get bailed out, in China if you screw up you are executed and this is a typical example.

The Sudden End Of ZIRP Government Borrowing

Nearly 20 years ago, I was aghast when Japan dropped interest rates on government loans to near zero.  It makes no sense at all.  Even if Japan reduced ‘inflation’ to zero or negative territory, the value of savings still has to have some positive value.  Otherwise, capital flees.  Japan cynically sucked up the savings of the older generations but they are no longer feeding money into it due to harsh, real inflation.  Hidden from government statistics, just like in the US.  The ZIRP government borrowing system is in global trouble due to energy inflation costs and savings fleeing to better venues.  

The Derivatives Beast Was Kept Alive And Continues To Eat Wealth

The misrule of all the major first world nations (China is still considered to be a second world nation) is due to the iron grip the bankers and the rich have on the steering wheels of the ships of state in the G7+ nations.  The EU, US, UK and Japan are all going down in flames due to wild speculative banking and game playing of the top 1%.   Far from seeing any reforms imposed on these impostors, we have seen only one solution being offered these days: cut social services to everyone else.