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Man Who Listened To Fred Mishkin's Advice, Will Be First To Be Criminally Charged For Great Depression 2

Tyler Durden's picture





 

The place where the global crisis, culminating as a result of 30 years of cheap money, began, Iceland, may well be the place which sees the first ever criminal conviction stemming from the Depression v2. Globe and Mail reports that Iceland's former prime minister has been referred to a special court, which could make him the first world leader to be
charged in connection with the global financial crisis.

Lawmakers voted 33-30 to refer charges against former prime minister Geir Haarde for allegedly failing to prevent Iceland's 2008 financial crash that toppled the government, brought protests and crippled the national currency.

The special court has never before been convened. The court handles cases in which the parliament, the Althingi, decides to act against ministers on their handling of duties.

Mr. Haarde, former prime minister and ex-leader of Independence Party, is no longer in parliament. He did not run in the 2009 elections.

Iceland, a volcanic island with a population of just 320,000, went from economic wunderkind to fiscal basket case almost overnight when the credit crunch took hold.

After dizzying economic growth that saw banks and companies in this tiny Nordic nation snap up assets around the world for a decade, the global financial crisis wreaked political and economic havoc in Iceland. Its banks collapsed within a week in October, 2008.

Frankly we couldn't care less about Mr. Haarde. We are confident he will get his just deserts. What we would like to know is when will someone finally charge his "advisor", former New York Fed, and current Columbia professor Fred Mishkin, in the Hague, for hate crimes against world leverage, and for providing precisely the advice followed by the Iceland PM, that resulted in not just the collapse of the tiny Volcano-riddled country, but was the first domino to set off the discovery that all of the European periphery is now completely and totally insolvent. We refer of course to Mr. Mishkin's 2006 report "Financial Stability in Iceland" in which the then-Fed member observes: "The economy has already adjusted to financial liberalization, which was already completed a long time ago, while prudential regulation and supervision is generally quite strong." Less than two years later the country was bankrupt.

For much more on Mishkin's involvement in the financial crisis, we can not recommend enough the upcoming movie Inside Job, which destroys not only Napoloen Dynamite Sr.'s reputation, but that of his current boss, the Dean of Columbia Business School, one Glenn Hubbard, in a way that has to be seen to be believed.

The clip below is from Inside Job.

 

h/t Brian

 


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Tue, 09/28/2010 - 16:21 | Link to Comment bugs_
bugs_'s picture

I call Paul Krugman to the stand.

 

Tue, 09/28/2010 - 16:24 | Link to Comment themosmitsos
themosmitsos's picture

I call Greenspan to the stand

Tue, 09/28/2010 - 17:43 | Link to Comment zaknick
zaknick's picture

Nuremberg II

Tue, 09/28/2010 - 19:24 | Link to Comment The 22nd Prime
The 22nd Prime's picture

I call your Krugman, raise your Greenspan, and am all in on a Nuremberg II in my wettest of fantasies.

Wet guillotines, bitchez. 

Tue, 09/28/2010 - 23:58 | Link to Comment Votewithabullet
Votewithabullet's picture

You'd better call Greenspan to the stand quick cuz that nigga is old. Hes fucking older than Volker. Frankly God's gonna have to do it cuz it aint gonna happen here.

Wed, 09/29/2010 - 00:03 | Link to Comment Votewithabullet
Votewithabullet's picture

John McCain wants to prop Greenspan up after he dies he loves him so much.

Wed, 09/29/2010 - 08:44 | Link to Comment Bartanist
Bartanist's picture

McCain's economic guru is Phil "Enron" Gramm ...

... but McCain's family business is governing America toward ruin.

Tue, 09/28/2010 - 16:47 | Link to Comment skohiu
skohiu's picture

may be seeing a lot more "heart attacks" in the near future......

Wed, 09/29/2010 - 05:55 | Link to Comment Freewheelin Franklin
Freewheelin Franklin's picture

Yeah, they'll all be buried right next to Ken Lay.

Tue, 09/28/2010 - 16:57 | Link to Comment carbonmutant
carbonmutant's picture

+10 on Krugman

Tue, 09/28/2010 - 23:20 | Link to Comment Lionhead
Lionhead's picture

Why not call Lori Ann LaRocco Senior Producer at CNBC to have all the above & Mishkin appear on air to esplain their views. You can reach her on Twitter here: 

http://twitter.com/loriannlarocco

Give her your tweet; you may even end up on her Rolodex.... ;)

Tue, 09/28/2010 - 16:22 | Link to Comment tmosley
tmosley's picture

Give him a viking funeral.

While he's still alive.

Tue, 09/28/2010 - 17:38 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Iceland is now in a position to do the world a great service!

They summon all the crooked b@$^@>ds from .govs and banksters all over the world, put them on trial in their Special Court, load 'em into dump trucks, and throw them into whatever volcanoes are up and running.

Nobel Peace Prizes as far as the eye can see.

Tue, 09/28/2010 - 17:58 | Link to Comment andybev01
andybev01's picture

...or put them on a broken-off section of ice shelf and set them adrift in a warm current.

Make sure to set up a live feed so we can watch as it melts.

Tue, 09/28/2010 - 16:22 | Link to Comment tip e. canoe
tip e. canoe's picture

tyler, caught a typo per fred :
"Financial Instability in Iceland"
ha!

Tue, 09/28/2010 - 16:23 | Link to Comment themosmitsos
themosmitsos's picture

Once upon a reality, they used to call it treason.

Tue, 09/28/2010 - 16:58 | Link to Comment carbonmutant
carbonmutant's picture

It still is... wait til November...

Tue, 09/28/2010 - 20:52 | Link to Comment Fox Moulder
Fox Moulder's picture

And then? Vote the Republicans back into office? Oh wait, they are the ones who got us into this mess.

 

Tea Party? Oh wait again, it has been comandeered by the Repubs.

 

Re-elect Democrats? Wait wait wait, there are making it worse.

 

How many different places can Ron Paul run for office?

Tue, 09/28/2010 - 21:04 | Link to Comment nmewn
nmewn's picture

Is Ron Paul closer, philosophically, to Dems, Pubs or the people of the Tea Party in your opinion?

Tue, 09/28/2010 - 21:11 | Link to Comment Fox Moulder
Fox Moulder's picture

Well, he's registered Republican isn't he? Do you think Sarah Palin even knows who he is or could state his philosophy or positions?

Tue, 09/28/2010 - 21:25 | Link to Comment nmewn
nmewn's picture

Let me try again.

>>>In your opinion<<< which is Paul most like...Tea Party, Pub or Dem?

Tue, 09/28/2010 - 22:10 | Link to Comment Fox Moulder
Fox Moulder's picture

I don't know how my opinion fits in here, but he is probably most aligned with the original TP. I haven't kept up since Palin decided to latch onto it.

Tue, 09/28/2010 - 22:56 | Link to Comment nmewn
nmewn's picture

Palin does not control the Tea Party. No one can...that's what's cool about it...it started from the ground up. Palin did not ask people to send in tea bags to the White House & Congress. She did not organize the march on DC.

If I may be so bold as to speak for them...we are just as pissed at the pubs (if not more so) as we are the dems. They are most assuredly fiscal conservatives and individual rights advocates.

Thanks for the honest answer.

SeeYa

Tue, 09/28/2010 - 23:22 | Link to Comment Fox Moulder
Fox Moulder's picture

Maybe I'll take another look. I went to the first protest in Sacramento but lost interest as it seemed to be taken over be recycled Repubs.

Tue, 09/28/2010 - 23:43 | Link to Comment Hedge Jobs
Hedge Jobs's picture

tea party has been hijacked by the neocons and the MSM like every other major political movement in the US. It provides the illusion of "change" and for the overwhelming majority of grass roots suporters this is what they want and expect but in reality its exactly the same people pulling the strings. repubs? dems? t party? its all the same bankster lobbyists behind the scenes.

Wed, 09/29/2010 - 05:31 | Link to Comment nmewn
nmewn's picture

Neocons???...ROTFL. There is nothing socialist about it.

The acronym T.E.A. stands for Taxed Enough Already.

To the best of my knowledge the "idea" has never died, it smoldered underneath the surface until rekindled by a Santelli rant on government sanctioned moral hazard.

This is why it was attacked so ferociously from the start by the MSM and the oligarchs. Without government subsidies (from taxation) some corporations will die along with the anal lobbyists that funnel the subsidy (the taxes) back into politicians pockets.

They were called gun nuts & racists because they are neocons seeking world domination?...LOL...they were called these things to stop them because they are a threat to statism.

I'm going to charitably say you are misinformed sir.

 

Wed, 09/29/2010 - 06:21 | Link to Comment Freewheelin Franklin
Freewheelin Franklin's picture

I have only one question for any Tea Party candidate:

 

"What is the difference between price inflation, and monetary inflation?"

 

Any Libertarian Party member will answer that question in detail. I'm not so sure about many of the TP candidates, or supporters. If any candidate is going to run on fiscal policy, he/she better have some clue as to what monetary policy is, and I just don't see that with the TP of late. Just a lot of social conservative bullshit. And no, my opinion is not based on the MSM, it is based on my own interactions with TPers on various libertarian blogs. The RP C4L were the original TPers. They have been hijacked by a bunch of social, Christian conservatives opportunists. There's plenty of room in the LP for C4L.

Wed, 09/29/2010 - 06:53 | Link to Comment nmewn
nmewn's picture

If your asking me...price inflation is a rise in the prices of goods & services caused by a shortage of those goods and services...paying higher prices to get something that is getting scarce. Nothing is scarce in todays market. Monetary inflation is your current dollar dropping like a stone in value because of a surplus of dollars in the hands of purchasers. This of course is not the case now. This is deflation.

Did I pass? ;-)

Libertarians have more in common with the Tea Party than either of the other two...so I guess I don't see your point.

Wed, 09/29/2010 - 07:20 | Link to Comment Freewheelin Franklin
Freewheelin Franklin's picture

My point is, the TP covers a wide assortment of disgruntled Republicans. Like I said, the C4Lers are the "legitamate" TP, and I'm sure, know monetary policy, such as yourself. The problem, as I see it, is there are more and more of the social conservatives being attracted to the TP who have little to know understanding of monetary policy. Libertarians have absolutely nothing in common with social conservatives. I can't speak for C4L, but the LP will swiftly show these social conservatives the door. The C4L is more concerned with getting elected, and seems to be willing to sacrifice principles for results. That's the primary difference. But, the LP holds something like 158 public offices, mostly local and county level, and are building from the ground up.

Wed, 09/29/2010 - 18:33 | Link to Comment nmewn
nmewn's picture

Well, the way I see it...the first order of bidniz is to get the statist/socialist/progressive/marxists (whatever they call themselves today) the hell out of power.

We can work on the issues not concerning fiscal sanity later.

As an FYI...the TP is taking down the old "dogs" on the right too. I think Bennett in Utah would qualify as a "social conservative"...gone...toast...fini.

Just sayin.

By the way...cool handle...ain't seen that one in a while...takes me back ;-)

SeeYa

http://www.youtube.com/watch?v=uyPYM5uUViI

Wed, 09/29/2010 - 05:38 | Link to Comment StychoKiller
StychoKiller's picture

Ron Paul is a Libertarian, so that makes him a RINO.

Wed, 09/29/2010 - 06:02 | Link to Comment nmewn
nmewn's picture

You'll like this...Houston voter fraud.

http://patterico.com/2010/09/28/obama-activist-tied-in-with-organization...

I see Stern is under investigation also...rotten to the core.

http://lonelyconservative.com/2010/09/obamas-buddy-andy-stern-under-fede...

Tue, 09/28/2010 - 16:24 | Link to Comment Pseudo Anonym
Pseudo Anonym's picture

crimes against banksters? That's what I want to know.

Tue, 09/28/2010 - 16:25 | Link to Comment Dr. Engali
Dr. Engali's picture

And in other financial news today Goldman Sachs said they are going to take the same side of the trade that they recommend to their clients.

Tue, 09/28/2010 - 16:34 | Link to Comment infotechsailor
infotechsailor's picture

Birgitta Jonsdottir for PreZ.

Tue, 09/28/2010 - 16:40 | Link to Comment panika2008
panika2008's picture

30 years of cheap money? Come on, real interest rates never dropped below zero in the US between 1981 and 2002. 1981-1990 it was more than 2pp above inflation, as well as 1994-2000.

If you want to see real cheap money uber pump, see 1974-1980, where real rates were constantly below inflation, sometimes as much as 3pp below inflation!

Tue, 09/28/2010 - 20:39 | Link to Comment Dr. Acula
Dr. Acula's picture

If interest rates are low, it means money can be borrowed at cheap rates. If interest rates are high, but inflation rates are also high, it means that money is being created out of nothing - i.e. given away for free. Either way it is "cheap money".

The following scenario would not involve "cheap money". With commodity money and without the use of fiat money forced upon us through various laws, inflation would be very small (e.g. gold can practically only be mined in small amounts compared to the amount already accumulated over centuries - not so with a printing press). Without fractional reserve banks committing bailment fraud and creating fiduciary media out of nothing, the money supply would be stable. Without a central bank with special legal privileges fixing interest rates at abnormally low values, i.e. fixing the price of loanable funds, the interest rate would be set by innumerable competing lenders and borrowers at a natural rate - similar to how the price of potatoes is determined.

 

Tue, 09/28/2010 - 16:41 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture
'Inside Job' Points a Finger at Wall Street Conflicts in Academia and More

Mr. Mishkin's reason for leaving the Fed, he says in the new documentary "Inside Job," was that he "had a textbook to update." The more likely reason was that Mr. Mishkin was about to be called out on his role as the board member responsible for the Fed's economists and research, and disastrous predictions he made as a paid researcher for Iceland's chamber of commerce, a point made by the movie's writer and director, Charles Ferguson.

Mr. Mishkin isn't alone. As "Inside Job" notes, research and for-hire reputations are a big business. Companies including Charles River Associates and LECG Corp. are for-profit companies that sell the services of academic experts.

Until now, the conflicts of interest among academics who moonlight as well-paid corporate advisers haven't been page-one material. But "Inside Job" breaks new ground by exposing the failure of universities to regulate the integrity of their biggest stars.

http://online.wsj.com/article/SB1000142405274870386010457550798272867366...

Tue, 09/28/2010 - 17:21 | Link to Comment NotApplicable
NotApplicable's picture

I've got an old copy of his text book. If he really wants to update it, he just needs to change the title to "Keynesianism is a fraud"

Wed, 09/29/2010 - 05:42 | Link to Comment StychoKiller
StychoKiller's picture

Gasp!  You mean there's EVEN MORE BLAME to go around??  The Horror!

Tue, 09/28/2010 - 16:42 | Link to Comment Bruce Krasting
Bruce Krasting's picture

We hold these guys up as Icons. They are learnered to be sure. That means nothing. Lok at the results all around you.

Tue, 09/28/2010 - 23:04 | Link to Comment Ted K
Ted K's picture

But what are these really the results of???  Government bureaucrats woke up one morning and decided to flood the system with cash??? Or Bureaucrats who were forced with no other choice when a system collapsed from years of big bank lobbyists stripping the system of regulations and controls to protect the public from corruption.  As much as I dislike Greenspan, I think the boys in your industry playing CDS games with insurance policyholders money at AIG etc... are much more to blame.  Have you forgotten how many times your pals on Wall Street bashed Greenspan on CNBC when he wasn't cutting rates fast enough???  It wasn't main street whining for rate cuts.

Wed, 09/29/2010 - 05:49 | Link to Comment StychoKiller
StychoKiller's picture

If you start pointing fingers at all of the guilty, you'll soon run out of fingers!

Let's start with President Wilson, the imbecile that signed the creation of the Fed into Law (Cerberus unleashed!)

FDR:  Practicing LTT (Let's Try This!) Politics on the USA, and destroying the 3rd branch of govt (Supreme Court) with his crony appointments.

France and Great Britain:  Insisting on onerous reparation terms against Germany, leading directly to the rise of Hitler and the NAZI party.

Get the picture?  The rabbit hole is not only deep, but it's full of twisty passages, all alike.  (There's a small bottle here)

Tue, 09/28/2010 - 16:46 | Link to Comment Perseid.Rocks
Perseid.Rocks's picture

Crimes against humanity, domestic terrorism in destabilizing the economies and governments.. pick your crime, there seem to be many to choose from.

Tue, 09/28/2010 - 16:49 | Link to Comment Internet Tough Guy
Internet Tough Guy's picture

What about Bob (Rubin)?

Tue, 09/28/2010 - 18:52 | Link to Comment nmewn
nmewn's picture

+ 1,000,000

I believe the expressions were "we've created a new economy"..."no more recessions" from here on out..."tamed the business cycle"...blah blah...blah blah blah.

And as another parting gift to the country, before I move on to Citigroup to collect my rewards for securitization, I give you NAFTA.

Outstanding Bob...who's side you on...Bob?

http://www.youtube.com/watch?v=t2GVOe_eNf4

 

Tue, 09/28/2010 - 16:51 | Link to Comment Arkadaba
Arkadaba's picture

 

I'm not sure I agree with the opening sentence:

The place where the global crisis, culminating as a result of 30 years of cheap money, began, Iceland....

The global crisis did not begin in Iceland. Better might be:

The place where the ramifications of the global crisis first saw the light of day, Iceland ....

Yes I know I may be nitpicking but words matter.

 

Wed, 09/29/2010 - 06:26 | Link to Comment ColonelCooper
ColonelCooper's picture

I would say that since you, I and everybody else here understood the MEANING of the sentence, you are nitpicking.

Tue, 09/28/2010 - 17:01 | Link to Comment Miss Expectations
Miss Expectations's picture

What is it with Sociopaths?  They (Mishkin) always seem to smile no matter what's being said.

Here's Charlie Rangel doing it, too:

http://www.youtube.com/watch?v=rdtFWCrCh0s

Tue, 09/28/2010 - 17:08 | Link to Comment Hephasteus
Hephasteus's picture

Becasue when you're in trouble it's serious. When they are in trouble it's glib and superficial.

Tue, 09/28/2010 - 17:36 | Link to Comment Arkadaba
Tue, 09/28/2010 - 19:18 | Link to Comment Hephasteus
Hephasteus's picture

They are going to get thier nutsacks stapled into puffy lipped vaginas and fucked hard right in the sensitive nuts.

So of course they are trying to take our swingline staplers.

http://www.youtube.com/watch?v=MOUyRBDB8hI

Tue, 09/28/2010 - 17:57 | Link to Comment puckles
puckles's picture

They are trained to take ALL photo opps seriously.  No such thing as bad publicity, ya know....

Tue, 09/28/2010 - 17:03 | Link to Comment The_Euro_Sucks
The_Euro_Sucks's picture

I would like to call Tricky Trichet to the stand.

Tue, 09/28/2010 - 17:11 | Link to Comment agrotera
agrotera's picture

hank and ben ---the most recent and icing on the cake executioners of a heist the size of non-ever seen before,  that,  unless named and corrected and funds returned by taking the original banks ( the original TARP recipients that sat with hank and ben that fateful day in October 2008) into receivership and having a government facility for a few years to unwind the crime-- will cost income from generations of taxes, and the reputation of the United States to be permanently scarred.

Tue, 09/28/2010 - 17:28 | Link to Comment michigan independant
michigan independant's picture

http://uncyclopedia.wikia.com/wiki/Professor_Subtle

Miskin unmasked The (possible) motives behind all his evil deeds are so incredibly subtle that not even he fully understands them.

He has found a currency fix for the empire.

http://uncyclopedia.wikia.com/wiki/Currency

 

Tue, 09/28/2010 - 17:23 | Link to Comment 007
Tue, 09/28/2010 - 17:27 | Link to Comment Segestan
Segestan's picture

If Hopey isn't real careful he just might find real change...

Wed, 09/29/2010 - 05:53 | Link to Comment StychoKiller
StychoKiller's picture

Somehow, implosion of the World Economy is NOT a change I can believe in -- though I will probably have to live through it!

Tue, 09/28/2010 - 17:57 | Link to Comment israhole
israhole's picture

Mishkin might want to consider "making aliyah" as soon as possible.

Tue, 09/28/2010 - 18:17 | Link to Comment RoRoTrader
RoRoTrader's picture

I like the name; Althingi.......... Wall St is in need of a complete Althingi, as is the FED..........

The FED is dead!.........so rules the Althingi.

wb7........can you come up with a visual for it?

Tue, 09/28/2010 - 18:28 | Link to Comment Problem Is
Problem Is's picture

"when will someone finally charge his "advisor", former New York Fed, and current Columbia professor Fred Mishkin..."

Never Heard of Iceland
Mr. Mishkin would like you to know for the record, <stammer> <cough> he has never heard of Iceland <huh, what?> and does not know what you are talking about...

Tue, 09/28/2010 - 21:58 | Link to Comment surfsup
surfsup's picture

Same in drug papers to get them put through approvals.  Dr's are many times paid just to sign their name to the damn things!   Like a littoral version of teleprompter shuffle.  Its one thing to see isolated avenues of such shadow casting however when it spans across a vast number of disciplines humankind indeed is passing through this dark age by waking up right in the middle of it!    

Energy: the same thing.   If they write it (for money) then it must be true!  Morgan interests capped the concepts of Oliver Heavside by the pen of a Hendrik Lorentz, totally mutilating the continuous field flow of the dipole so that all subsequent engineers would build self limiting systems!   

Finance -- same thing -- gosh knows, can't teach kids in school about the exponential accumulation of debt and its macro effects on general circulation!  Humanity, you've been duped.   Wake up.

Wed, 09/29/2010 - 05:55 | Link to Comment StychoKiller
StychoKiller's picture

So, I'm guessing you're long on Stupidity Futures and shorting Human Intelligence -- smart position these days!

Tue, 09/28/2010 - 22:01 | Link to Comment gwar5
gwar5's picture

Throw them all in to the Iceland volcano. They all make me want to puke.

Tue, 09/28/2010 - 22:03 | Link to Comment lynnybee
lynnybee's picture

Yes !   I won't rest until I see that idiot ROBERT RUBIN, CRIMINAL, IN JAIL !   .......... creep. ........this guy has got to go .......... sometimes when I'm vacuuming or doing chores around the house, I mutter under my breath, "damn Robert Rubin !" ........ my kids think I'm nuts, but, I KNOW WHO HE IS & WHAT HE'S DONE .......

Tue, 09/28/2010 - 23:09 | Link to Comment tom a taxpayer
tom a taxpayer's picture

Unlike Iceland, the U.S. allows its top economic criminals, like former Sec of Treasury Hank "the Goldman Sachs mole" Paulson, to roam free and peddle books; or like Ben "the bag man" Bernanke to run their ponzi scheme to new heights under a new administration; or like Timmy "the Wall Street go fer" Geithner to be promoted to Sec of Treasury under a new administration.

Wed, 09/29/2010 - 00:08 | Link to Comment ArsoN
ArsoN's picture

I vote for RICO-type criminal statute to prosecute Keynesian stupidity.  

Wed, 09/29/2010 - 02:20 | Link to Comment GFORCE
GFORCE's picture

Mr Maddoff, you're free to go.

Wed, 09/29/2010 - 02:26 | Link to Comment M.B. Drapier
M.B. Drapier's picture

Come to think of it, there has to be a decent chance that Mishkin will be called to give evidence in this; at the least, his report is surely likely to be entered as evidence for the defence.

Wed, 09/29/2010 - 05:59 | Link to Comment The Real Fake E...
The Real Fake Economy's picture

academics and all these supposed "smart guys" are all in on it.  they all get paid as evidenced here.  i love how wall street guys love to introduce one another or talk about one another in the "he's so smart" or "he's the smartest guy i know" context.  REALLY?!?!?

***newsflash*** you're not that smart.  if you were you'd be crushing the market everyday and get away with charging clients 10/50.  instead these guys are all about even keel, and they all have to try and get that small edge.  whether it's insider trading like Raj, ponzi scheme like Madoff, talking up a certain asset class like Paulson to convince people to take the other of the trade, or have a highly quoted economist in your pocket to do your dirty work for you, like some billionaire hedge fund managers out there, that's how these guys seperate themselves from the pack.  This is where and how they find their bullshit Alpha. 

As was stated before, if these guys truly were that smart, they'd be working on curing disease or finding alternative energy sources or finding ways to make sure every person on earth gets fed. 

Wed, 09/29/2010 - 08:16 | Link to Comment ArrestBobRubin
ArrestBobRubin's picture

Interesting subplot here, Iceland's ex-PM foolishly hooked up wth a particularly parasitic Israeli woman. Shortly after she came into the picture it was all downhill from there, for Iceland's finances, and for the poor stupid schmuch who didn't realize what he was tieing into.

For such a tiny percentage of the world's population, how is it that Israelis are at the root of such a high proportion of really big time crime? Amazing. These international criminals are the Blight Onto the Nations.

It is high time to take out the trash

 

Ah but the worm is turning... Can't wait for convictions and Truth and Reconciliation comisions to be established here in the USA. Just a matter of time.

I will personally handle the prosecution of the mainstream media mind poisoners. Maria Fartiscamo and Sean InsHannity will be among the first ones in the docket.

Wed, 09/29/2010 - 08:41 | Link to Comment tamboo
tamboo's picture

nuremberg was "the most disgraceful legal farce in history".

"confessions" were obtained through torture.

http://radioislam.org/historia/really/05.htm

Wed, 09/29/2010 - 11:31 | Link to Comment onlooker
onlooker's picture

Enron was the opening act. The Bush administration AG and the Appeals court gave a green light for this type of criminal action to the Broker houses and Banks. Now we are in the middle of Act 2 as the results of the same type of criminal action. The name changes from Bush to Obama. The AG is still unwilling to go after the criminals. The US is still without a stabilizing rule of Law and without enforcement.

 

We are in Financial anarchy with the greatest theft of assets and wealth in our Nation’s history. And, the criminals are still in place.

 

We are still awaiting the next act. Will the fat lady sing? Or are there more acts before that? Or will the theater burn down before the fat lady sings? double, double toil and trouble

Tue, 11/16/2010 - 10:08 | Link to Comment daniel
daniel's picture

i love zerohedge policy cheap hosting

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