Financial crooks brought down the world’s economy — but the feds are doing more to protect them than to prosecute them
By Matt Taibbi
Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. “Everything’s fucked up, and nobody goes to jail,” he said. “That’s your whole story right there. Hell, you don’t even have to write the rest of it. Just write that.” I put down my notebook. “Just that?” “That’s right,” he said, signaling to the waitress for the check. “Everything’s fucked up, and nobody goes to jail. You can end the piece right there.”
Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world’s wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people.
The rest of them, all of them, got off. Not a single executive who ran the companies that cooked up and cashed in on the phony financial boom — an industry-wide scam that involved the mass sale of mismarked, fraudulent mortgage-backed securities — has ever been convicted.
Posted in Economy Economics, Land Grab, Neoliberalism, Obama and Company
Tagged bailouts, banksters, captive agency, class war, dept of injustice, financial collapse, foreclosures, Government corruption, SEC, wall street fraud
By Byron Richards, CCN
In the 2010 growing season Monsanto plans to unleash its latest Frankenfood experiment on the American and Canadian public, a new version of genetically mutated corn with eight abnormal gene traits called Genuity SmartStax corn. It is the culmination of an astonishing scandal that has been steadily building over the past decade. During this time Monsanto’s mutated seeds have grown to 90% of the U.S. soy crop and 85% of the corn crop – and wheat is next on their agenda. Their efforts have been marked by corporate bullying and have drawn the attention of the Justice Department who is conducting an antitrust investigation. All the while they have been spending millions on lobbying to fast track their agenda before the American public even realizes what hit them. Europeans are livid about the lack of safety testing for this newest Monsanto experiment. Monsanto is making an ominous power play to corner the worldwide market on food and seeds. In the process they are adversely altering the very nature of food itself.
Posted in Big Pharma, Bioweaponry, Environment, Food & Farming, Genetic Engineering, NWO, Obama and Company
Tagged captive agency, corpogov, corporate dysfunction, fda, food, Food Safety, genetic engineering, genetic motification, Genetically Modified Foods, gmo, Monsanto