Given the assumption that crooks will be crooks, then egregious regulatory corruption is left as the principal reason for the methodical and widespread plundering of public savings that has stripped away sizeable chunks of our dough since the dawn of modern rigged-market capitalism over a century ago. Longstanding ties between hotshots at the Securities & Excuses Commission and the Wall Street Crime Families are all but ignored in an ineffectual media spewing out fiction owing to their direct ownership by the corporate interests holding all Washington under thumb with payola explained away as "campaign contributions". When Bloodbath Mary claims that short-sellers had nothing to do with the market collapse caused by short-selling, the most outrageous observation in the history of mankind, and then cancells hearings on short-selling, the agency's Chief Obfuscation Officer is allowed to get away with it.
And so, now that The New York Daily News, a bastion of integrity in the fight for financial reform, has followed through on its ground-breaking coverage of what has actually been going on at the Commission, we are thrilled to pass the appropriate link along to our readership, and urge that you support this great newspaper and its brilliant, potentially game-changing journalism in any way you can.
We consider this mandatory reading for the entire American population. Appropriate action here would impact our way of life.
http://www.nydailynews.com/sports/baseball/2011/02/26/2011-02-26_small_philly_college_started_by_former_sec_lawyers_dad_had_money_with_bernie_mad.html
