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Tony Blair: Don’t Hang Bankers
Mainstream economist Nouriel Roubini said recently:
Nobody has gone to jail since the financial crisis. The banks, they do things that are illegal and at best they slap on them a fine. If some people end up in jail, maybe that will teach a lesson to somebody. Or somebody hanging in the streets.
Former British prime minister Tony Blair – currently employed as a senior adviser to JP Morgan – said today:
We must not start thinking that society will be better off “if we hang 20 bankers at the end of the street” ….
Where’s all of this coming from?
The American government’s top official in charge of the bank bailouts writes:
Americans should lose faith in their government. They should deplore the captured politicians and regulators who distributed tax dollars to the banks without insisting that they be accountable. The American people should be revolted by a financial system that rewards failure and protects those who drove it to the point of collapse and will undoubtedly do so again.
Only with this appropriate and justified rage can we hope for the type of reform that will one day break our system free from the corrupting grasp of the megabanks.
Economics professor Randall Wray writes today:
Thieves … took over the whole economy and the political system lock, stock, and barrel. They didn’t just blow up finance, they oversaw the swiftest transfer of wealth to the very top the world has ever seen. They screwed workers out of their jobs, they screwed homeowners out of their houses, they screwed retirees out of their pensions, and they screwed municipalities out of their revenues and assets.
Financiers are forcing schools, parks, pools, fire departments, senior citizen centers, and libraries to shut down. They are forcing national governments to auction off their cultural heritage to the highest bidder. Everything must go in firesales at prices rigged by twenty-something traders at the biggest and most corrupt institutions the world has ever known.
***
I see two scenarios playing out. In the first, we allow Wall Street to carry on its merry way, as the foreclosure crisis continues and Wall Street steals all homes, packaging them into bundles to be sold for pennies on the dollar to hedge funds. All wealth will be redistributed to the top 1% who will become modern day feudal lords with the other 99% living at their pleasure on huge feudal estates.
***
That is the default scenario—the outcome that will emerge in the absence of action.
In the second, the 99% occupy, shut down, and obliterate Wall Street.
Economics professor Michael Hudson agrees … saying that the banks are trying to make us all serfs.
Top economists say that fraud caused the Great Depression and the current financial crisis, and that the economy will never recover until fraud is prosecuted.
Leading experts say that fraud is not only widespread, it is actually the business model adopted by the giant banks. See this, this, this, this, this and this.
Indeed, the big banks – with the help of the government – have basically become criminal enterprises. And yet the Bush and Obama administrations have made it official policy not to prosecute fraud.
Economics professor Steve Keen says:
“This is the biggest transfer of wealth in history”, as the giant banks have handed their toxic debts from fraudulent activities to the countries and their people.
Nobel economist Joseph Stiglitz said in 2009 that Geithner’s toxic asset plan “amounts to robbery of the American people”.
That’s why people are so mad at bankers.
I noted 7 years ago:
I am NOT calling for the overthrow of the government. In fact, I am calling for the reinstatement of our government. I am calling for an end to lawless dictatorship and a return to the rule of law. Rather than trying to subvert the constitution, I am calling for its enforcement.
***
The best way to avoid all types of revolution would be for the government to start following the rule of law. I passionately hope it will do so.
The fact that even Tony Blair and Nouriel Roubini are talking about hanging bankers shows that this is the last chance for the justice system – the only thing which stands between criminals on Wall Street and pitchforks – to work.
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Fuck You Tony.
Seriously, go fuck yourself.
Right; Fuck off.
I mean it - fuck off and die.
Hope you got the message.
Cheer-o
...but still.....get fucked
Most bankers are now on my Christmas package list!
Hope to meet them at the January racketeer club (http://www.afajof.org/). We should all go and have a great discussion.
Or just watch from outside.
Hanging bankers is too slow and the crying is pathetic. Guillotine has proven effective.
And you can sell the severed head on E-bay.
Hanging bankers saves ammo.
May be true -but I can't think of a better use for ammo -
Hitler was right. About everything.
not about invading russia. hahahaha. this from a kyke jewbag . thank you RUSSIA.
A lot of propaganda and lies came out of WW2-- the victor writes istory. WW2 was no different.
Politicians, like Dogs, will feed where they are allowed to feed. Train them to behave, beat them if they crap in the wrong place, reward them for doing well, and shoot them when they fail. Politicians serve the American people and we are failed dog owners. The Politicians are corrupted because we allowed them to feed there. That is what they do.
When Tony lies his ears grow.
20 bankers?
Oh, that's on the appetizer menu.
20,000 would be a good start
Read Atlas Shrugged another seven times and you will all finally get it...the idealistic Boomers sold the farm, the chickens, and their ADHD children all down the fucking road and it is a travesty to see all of my fat fuck 60-something retired co-boomer sycophants all blowing each other.
"Read Atlas Shrugged another seven times and you will all finally get it..."
Ah, that's what happens when you let the mind of a Sociopath take control of yours.
Did Rand encourage you to take an inventory of the budding young (way past "boomer") criminals at work today, the sycophants if you will, in polluted places such as the banking sector, the government sector, for starters?
Good luck with your "philosophy."
It is a shame that you will have wasted too much of your energy missing the boat.
And in your misfiring, leaving the perpetrators to run at large.
who the fuck are you to judge that following a social path is any worse then following an altruist or a statist? get bent.
Yes Tony let's not hang the Bankers, at least not first.
Let's start with the Blair WAR CRIMINAL.
Let's just hang Blair
lets hang all the bankers from blairs balls
"The fact that even Tony Blair and Nouriel Roubini are talking about hanging bankers shows that this is the last chance for the justice system – the only thing which stands between criminals on Wall Street and pitchforks – to work."
Roubini is spouting a naive view... either unwilling to be truthful, or out of ignorance.
There is no discussion worth having that mentions "bankers" and not the terminally corrupt politicians.
Blair represents the weakest of the weak -- but remember that it is in fact possible that he is pathologically unsound and delusional.
It is important to understand the mind of the enemies of sanity and solution.
Said another way: you cannot reason with the Narcissist and the Sociopath.
"...for the government to start following the rule of law."
And here is where George Washington is delusional himself.....
he knows it though, so he gets a pass.
Good article.
Hanging isn't unnecessary, just some justice, people.
It's got to happen, the alternatives are unacceptable.
"Why Is Everyone Suddenly Talking about Hanging Bankers?"
Just a guess, but I'd say they are trying to seriously undercut the Great American Guillotine Company?
Weekly rant:
Then --- And Now: no news is still no news!
The other day, we heard the cutesy-voiced Megan from Colorado Public Radio talk and talk and talk about psycho mass murderer, James Holmes, without conveying any information whatsoever!
She could go on and on, yet we learn nothing substantive about his actual background?
[YAKETY YAK --- DON’T TALK BACK!]
Back in 1968, one heard similar cutesy-voiced types, and still they conveyed no information on the background of the accused assassin of Senator Bobby Kennedy, nor on those incredibly bizarre “witnesses.”
Actual eye witnesses, between the ages of 14 years to over 70 years old, uniformly described a mystery woman as being an olive-skinned brunette, in her late 20s to early 30s, with a slight foreign accent.
The police state they have found this woman, and bring forth a very young blonde, fair-complected college student with her leg in a cast and on crutches?
The perfect I.D. match!!!!!
The other witness, a part-time security guard who was physically situated at exactly where the kill shot originated, worked at Lockheed, possibly as a plumber’s assistant, but this was never actually confirmed?
Curiously, the bizarre blonde “witness” had an aunt and uncle who also worked at the classified area in Lockheed where the security guard worked?
Also, the blonde witness’ father, although employed at a different company (Technicolor Corporation), worked on a classified contract with Lockheed? (We won’t even mention that the presiding judge in the accused assassin’s trial (Sirhan Sirhan) was Herbert Walker --- anyone ever hear of somebody, possibly an effing president, named George Herbert Walker Bush??? Didn’t think so.)
Bizarre witnesses and quite the long string of “coincidences” --- which we never, ever learned of from any of those cutesy-voiced talking bots!
It might be helpful, even pertinent, to know that James Holmes’ father was involved with a company working on a DoD-funded contract developing “cortronic neural networks” including neural interfaces, etc.
It might be helpful, even pertinent, to know if James Holmes was ever involved as a test subject in any neuroscience experiments or studies during either his undergrad or grad schooling.
Only years later did we learn that Ted Kaczynski, the Unabomber, was once a test subject under an MKULTRA project while he was at Harvard!
MKULTRA Updates
Awhile back there was a brief mention in the corporate news of the proof of weaponization of the avian flu virus, or H5N1 virus, by scientists at a Dutch academic research center as well as at the University of Wisconsin. Now both the lead scientists involved had studied under the same molecular biology professor at the University of Pennsylvania, who happens to also be the director of their Institute for Strategic Threat Analysis and Response, a program funded by the program at the DoD, formerly known as MKULTRA at the CIA (it was moved to the DoD sometime during the 1970s).
This very same molecular biology prof co-authored a report to the Bush Administration a few years back, warning of the weaponization of the avian flu virus --- looks like they accomplished it!
During the very same Bush Administration, the story finally surfaced of Anthrax samples (and other biological agents) sent from a lab in Rockville, Maryland, to Iraq’s Saddam Hussein, which he then used against the Kurds and later in the Iraq-Iran War.
Turns out, this lab was originally funded, sometime in the 1960s, under the CIA’s MKULTRA program.
These “coincidences” just never seem to end!
Immediate update:
http://www.courthousenews.com/2012/07/23/48617.htm
(CN) - Veterans won another court order requiring the U.S. Department of Veterans Affairs to hand over more documents about its Cold War-era drug experiments on thousands of Vietnam veterans.
U.S. Magistrate Judge Jacqueline Scott Corley in Oakland, Calif., said the documents requested were "squarely relevant" to the claim that the government failed to adequately notify veterans of the chemicals they were exposed to and what that exposure might do to their health.
The Army and the CIA, with the help of Nazi scientists, used at least 7,800 veterans as human guinea pigs for testing the effects of up to 400 types of drugs and chemicals, including mescaline, LSD, amphetamines, barbituates, mustard gas and nerve agents, the Vietnam Veterans of America and individual soldiers claim in a 2009 class action.
The government covered up the true nature of its experiments, which began in the 1950s under code names such as "Bluebird," "Artichoke" and "MKUltra."
In "Project Paperclip," the Army and CIA allegedly recruited Nazi scientists to help test various psychochemicals and develop a new truth serum using its own veterans as test subjects.
"Over half of these Nazi recruits had been members of the SS or Nazi Party," according to the class action. "The 'Paperclip' name was chosen because so many of the employment applications were clipped to immigration papers."
Veterans say the government was trying to develop and test substances that could trigger mind control, confusion, euphoria, altered personality, unconsciousness, physical paralysis, illogical thinking and mania, among other effects.
.........
Anyone that is unaware of the MK Ultra program I strongly recommend researching the topic. It is pertinent because many of the public figures we know and love to hate are actually victims themselves. That's not to say Blair isn't culpable and I have never seen any connection to him and MK Ultra but it would not be suprising to discover one.
Why, they already had TV...
http://www.youtube.com/watch?v=ql7cDR0uha8
I agree with our Tone - don't hang bankers, just send the corrupt ones to jail. Instead hang Tony Blair:-
* War criminal
* Economic carpet bagger, along with his lawyer leech wife Cheerie
* Employer of Destroyer Brown, the economic marsh mellow man of the UK economy Goza the destructor.
* Junket flunky
* Corporate whore
* Corruptor of UK politics (yes, inspite of everything he managed to make it worse, some incredible achievement that)
* Friend and ally of Sleeze bag Peter Mandleson
* Friend and ally of Sleeze bag and media thug Alistair Campbell (dancer on grave of the scientist who had concerns there was no WMD evidence which was credible).
And to our US friends, us Brits have no Benake figure, so forgive the indulgance:
FUCK YOU TONY BLAIR
Go back to whoring for JP
How can you possibly say we should hang Blair, without also saying we should hang Bush and Cheney? Are you one of those Hate America crowd? Bush and Cheney are just as evil as Blair. Quit deluding yourself if you think otherwise.
I also forgot - Blair was the Twat that nearly took the UK into the Euro.
What a Twat.
one more time..
FUCK YOU TONY BLAIR
But he didn't bring the UK into the Euro so it's a bit unclear as to why you have a beef with him on this one.
T Blair is certainly a polarizing figure but this is one of the good things he did. I respect the guy for his efforts with this foundation...
http://www.tonyblairfaithfoundationus.org/
OK, say I take the pacifist view on this, and agree with Tony, for a minute here.
Obviously, we are in an economic crisis, and it's going to take a miracle to turn this thing around in the short amount of time people expect.
And there are many suggestions for solutions. Many have been tried...and failed.
Most agree, the problem is that we see the similiar faces that we saw at the start of the crisis. They somehow, despite their magnificant fail, still exist on my television screen. It's an issue; they should be fired, arrested, gone from the finanical industry. It's holding the REAL economy back. The proper type of enforcement and justice we expect and want, towards this malace in a representative society by parties who betray the public's trust, should exist. We aren't in Salem in the 1690s.
But however when SHTH, and it doesn't.......
This option IS in play....its has always been (ask King Louis)......by somewhere, at sometime, someone(s) if it gets bad enough and SHTF.....the possibility is in play (although likely not to happen).
Take 20 bankers. CEOs, traders, defrauders, whatever. The biggest people who resulted in all of us losing money. Gone tomorrow.
Do you think things get worse or better the day after?
Because I can't come up with a reason it doesn't.
are you nuts? hang 20 of those criminals (and a few congresman) and the problem is half solved -hang 20 more and the problem is almost completely solved. I hate to sound like an extremist - I was a financial crimes prosecutor for 5 years -but the situation is out of control.
Let look at the problem logically. Someone has to be accountable, someone has to go.
Take the RBS IT screw up. Bank Execs decided to cut jobs in the UK and dish out to cheapest in India. Now leaving IT security concerns, lets do a cost benefit analysis.
* Did customers benefit from this => NO
* Did Shareholders benefit from this => NO
* Did existing employees (non-Exec) => NO
Now lets flip the logic, get rid of the execs at RBS:-
* Will customers suffer => NO
* Will Shareholders suffer => NO
* Will Existing staff who actually have to do the job suffer => NO
* Does this save real money for RBS => YES
So having done that, its clear - FIRE THE EXECS. If anything comes up which is criminal, slam them in the clink. Simple, every thing we need is already there. JUST DO IT
so its an anti outsourcing rant? why is this differnt from any other import of any other manufactured good?
i actually read the two links you posted and nowhere did it mention that the outage was caused by remote IT from india. In fact from the statements it sounds like it did happen in UK. However there is still a high probability of it being caused by an indian working in the uk given that a lot of IT workers in UK are indian. There really arent as many qualified uk citizens as there are indians, purely on account of population numbers.
ive worked in 3 big software companies and its never the smart US developer that complains about outsourcing. its always the underperforming and unwilling to learn obsolete dev that seem to have an issue. learn to compete or shut the fuck up...
That said average dev quality in india is worse than average dev quality in the US, but the US firms usually get to hire the above average software devs from india given the cost and they tend to be as good as the average dev in the US.
im not for or against outsourcing. i believe that countries can bring rules to limit it if they want... in an ideal world it should be a meritocracy and the better software dev gets the job irrespective of where he is from.
Either way most IT ops are a hairs breadth away from being completely automated and within a decade it will not have any significant effect in employment either in UK or india. Most of the IT op roles can be performed well by a trained monkey given todays automation.
and the shareholders dont give a fuck if there was an outage. if you dont like it, change your bank.
i haven't read a more clueless comment in a while.
With the exception of the fact that most IT jobs in the UK (and US) are now held by Indians, it is not true that qualified local professionals don't complain. You have obviosuly never worked with any of us. Been in this industry for 15 years and first thing that happened was that a significan number of jobs were lost to "cheaper" labor. Then we had to move on or re-educate ourselves, fine, wasn't a huge problem for majority however the salaries were not necessary the same or better. It would cause everyone to complain. Salaries became lower simple because of supply and demand. None of the positions are stable anymore, we all become a redundancy sooner or later even when keeping up to date with the latest and greatest. The quality of the work is not the same as most offshore jobs are outsourced to vendors rather than having them inhouse, there's lack of oversight and the guys doing it are usually a lot less experienced. And what I'm noticing lately is that all of us are being shoved into the same bucket - the clueless fuckers fresh out of school are being treated no different by the management and the business. Business I can understand as they pay for service which is not delivered but management I do not.
The fuck up at RBS is just the beginning, I expect a lot more of that going forward because the conveyer belt production of "talent" who lies and fakes their resumes and diplomas (let's remember that India is voted one of the most corrupt countries in the whole world) is running full steam, as well as outsourcing and importing those individuals to substitute for higher paid and more experienced locals (even indians who are on work visas and who now make more money).
The last thing is, full automation with trained monkeys supporting it is a pipe dream. Only a dumbass or a dumbass manager can make a statement like that. It all works great untill it doesn't (RBS). And then the trained monkey is just a trained monkey and you don't have access to your cash.
I agree... don't hang banksters, they need to be drawn and quartered first!
No No NO NO. You must follow proceedure - Hang until nearly expired then recovered, then Broken on the wheel slowly, then you may remove the still functioning bits, Bowels first, then spleen and liver working up to the heart (sure to be small). Then they can be cut into the small bits and feed to the dogs. The English invented the system and they know it works.
Poke needles in their eyeballs and long screws under their fingernails
When public politicians turn on banksters you will know the banksters are about to turn the world into chaos--that they may assume their positions as leaders of the NWO.
They will bring about a controlled collapse by having ratings agencies gradually cut off funding to nation after nation and start diversionary wars simultaneously.
Marshal law will be established throughout. NATO and the UN shall establish the rule of law, the demise of sovereign nations and the establishment of city-states governed by UN charter.
I have to go now. My spot in front of the 711 is about to open and I'm late for work.
God I hate you fucking trolls
“Waiting in the press room for the jury’s verdict in the second trial (Hiss-Chambers case), I remembered some words from the book of Jonah: ‘…a gracious God, and merciful, slow to anger…’ If we fail to cry treason when we see it, we sail into the tempest and leap into the belly of the whale. Look behind you. The whale is there.”
– Journalist Ralph de Toledano, co-author of “Seeds of Treason: The True Story of the Hiss-Chambers Tragedy,” New York, 30 January 1950.
Ofcource ;Tony dont want to hang a Banker,would he hang himself,think not i do.
But he would look nice with a Frechstyle haircut,1848 Revolutionstyle,thall be!
Gotta think Blair is glad he didn't get the job he wanted.....he lost out to Herman Rompuy!
Unions didn't help either.
oh so that's where the bLiar went
excellent words george and in rare form too......the judges better do their jobs or the people will....a dead bankster would not hurt my feelings in the least bit...
Absolutely right Tony. All banksters should be hunted down like the vermin they are. Then they should be tarred and feathered, then drawn and quartered. No need to hang anyone.
But, on the other hand... We can drown them
Stop buying useless crap at retail... go to craigslist.. and your local farmers market..
Cut yourself as far off from the parasitic system as you can. You'll be happier and healthier..
As a devoted homesteader, organic gardener, I say AMEN. People toss almost all we need thru ebay and craigslist. And I love my used fry oil Mercedes (not to be green just to avoid fuel tax and sending my money to the middle east) I sacrifice no convienence and gain the freedom of a non debt slave. Try it.....it feels good.
Freedom is a good thing. We will all enjoy it once we find it. It's excellent for our health and happiness.
Send a message, hang a banker.
I once had a banker who went by the book and lent only on the basis of sufficient collateral. In this manner he told me he would protect both the bank and the borrower. The only time he would bend the rules is if he had a client of fine character with a proven track record.
He is alive but retired. An ex military man who served his country and his clients with compassion and dignity.
Let us not forget there are many decent bankers such as ths man who were probably overlooked for promotion because they were not sub prime characters like the ones who need hanging.