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Bureau Of Labor Statistics Caught Red Handed Leaking Confidential Employment Data

Tyler Durden's picture




 

While this will hardly come as a surprise to any of our regular readers, occasional visitors may be confused to learn that according to a discovery by the Carolina Journal, North Carolina "Gov. Bev Perdue’s press office has received access to confidential employment data from the U.S. Bureau of Labor Statistics hours if not days before its scheduled release, quite likely in violation of federal law." Once again the rabbit hole, which these days is pretty much everywhere, emerges: "Documents and correspondence obtained by Carolina Journal show that the Division of Employment Security, formerly known as the Employment Security Commission, sent a draft of the press release each month to Perdue’s press office. The governor’s spokesmen typically rewrote the text and added a positive spin, even if the data did not support Perdue’s talking points." And while one may say this is a perfectly innocuous leak of otherwise embargoed data, others may highlight the following facts: "While the operation may sound like a harmless effort to add political spin to the release of jobs data, sharing confidential BLS estimates while they are protected by an embargo violates a federal law barring the early release of employment data. This is no small matter: A conviction for breaching the Confidential Information Protection and Statistical Efficiency Act of 2002 carries a fine of up to $250,000, up to five years in prison, or both." Of course, when it comes to breaking the law, both members of the US banking class, as well as America's politicians, are perfectly immune from any repercussions. But at least the next time the market does its usual pre-NFP acrobats, the only question will be: which particular US politicians i) traded in advance of the embargo lift, and ii) leaked the information to ten of their closest friends, who did the same, who did the same, etc.

Furthermore as it turns out, this is not the first time the North Carolina governorship has been caught red handed.

Former Gov. Mike Easley’s administration received an early briefing on the employment reports from ESC staff for several months in 2003 and 2004, if not longer, but those briefings apparently stopped after CJ learned of and reported on them in 2004.

But why stop if nobody was at fault, unless....

As to the particulars of this particular case:

Documents and correspondence obtained by Carolina Journal show that the Division of Employment Security, formerly known as the Employment Security Commission, sent a draft of the press release each month to Perdue’s press office. The governor’s spokesmen typically rewrote the text and added a positive spin, even if the data did not support Perdue’s talking points.

 

The glowing quotes were attributed to Lynn Holmes, director of the employment agency, but the documents show the quotes were approved and probably written by a Perdue press aide, either Chrissy Pearson or Mark Johnson.

 

In several instances, DES spokesman Larry Parker cautioned Pearson or Johnson against using extraneous or unverifiable information in a release to boost Perdue’s image. At times, the Perdue communications team would push back, and the release would undergo several revisions before final publication. 

 

Perdue and her staff may not receive formal briefings, but Parker told CJ in September that he shares the jobs report with Perdue’s staff roughly 24 hours before the announced time for the monthly release. Emails obtained by CJ involving Parker, Pearson, Johnson, and in one instance Department of Commerce spokesman Tim Crowley, show officials discussing the data more than 48 hours before the embargo was lifted.

Enter the BLS with the form denial of everything:

“BLS does not support the release of employment and unemployment data before the established dates and times,” said Janet Rankin, BLS regional commissioner for the southeast office in Atlanta in an email. She notes that states are required to publish the dates they will release employment data on Dec. 31 of the previous year and follow that schedule.

 

She added that state agencies enter a cooperative agreement with BLS to gain access to its confidential data, and that the agreements “state that estimates cannot be shared outside of the LMI unit until they are final and ready for publication. The data are embargoed until the state predetermined release date and time” (her emphasis).

And the smoking gun:

When CJ reported on the briefings Easley received in 2004, Rankin said at the time: “A person associated with developing the data that is caught releasing it or commenting on it prematurely is subject to fines and jail time.”

That's the BLS essentially saying that one of its own employees is committing a felony offense. Over and over. And here we are worried about statistical impossibility of the endless prior upward revisions in Initial Claims, when the fraud runs to the very core of the reporting system. Why for the hardened BLS criminal, the least thing they can and will do is fudge data mercilessly and without fear of consequences. After all, there are "birth/death" adjustments.

The rest of the article, which is worth a read in its entirety goes into details of just how the CJ caught the current governor. And for those forensically inclined, the trail of emails can be found here.

And of course, by simple logical induction, what happens in North Carolina, happens everywhere else. So good luck to all the folks trying to trade in "advance", or just after the release of the 8:30 am NFP number.

What is most ironic in this case, and likely in every other one which involves collocated High Frequency Trading boxes to "front run" the rest of the slower market upon critical BLS data (which is virtually half of the Class A high frequency economic data): all that money for high tech vacuum tubes was spent for nothing. At the end of the day, the slowest trader, who has the best connections with the BLS, ends up trumping the guy with the $5 million a month box parked squarely at the receiving end of NYSE's Mahwah fat pipe.

 

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Tue, 12/20/2011 - 00:08 | 1996562 Jim in MN
Jim in MN's picture

Komplete Kaos and Korruption, bitchez!

Tue, 12/20/2011 - 00:12 | 1996576 TruthInSunshine
TruthInSunshine's picture

One leak like this?

There are probably hundreds.

The payola from Goldman, SAC Capital, Jamie BloodDiamond's JP Morgan and all the rest of their ilk, flowing into the hands of those who work in the good governor's office having access to the leaked data, must be massive.

"And this is Jenny, our administrative assistant, proud owner of the Bugatti Veyron that you couldn't have helped but notice parked out front."

Tue, 12/20/2011 - 00:19 | 1996591 Jim in MN
Jim in MN's picture

As one who has personally taken an Atomic Fireball from the bin at the Rose Law Firm in Little Rock, while getting the tour past Hillary's old corner office amid much giggling about the paper shredder, I concur. 

The swimming pool in the downstairs is nice too.

Tue, 12/20/2011 - 04:01 | 1996928 macholatte
macholatte's picture

"While the operation may sound like a harmless effort to add political spin....

 

That sentence may sound harmless, yet when you think about it, the procedure it describes is called "conspiracy to defraud" which is so rampant it is taken for granted. The sheeple are lied to on a regular basis, it's called "a harmless effort to add political spin" which is an acceptable form of propaganda. They continue to graze. Oblivious to the fact they they are being eaten alive from within.

 

I once was lost but now am found,
Was blind, but now, I see.

 

Tue, 12/20/2011 - 05:46 | 1996986 AldousHuxley
AldousHuxley's picture

In their defense, bad employment figures are not exactly insider knowledge these days.

Tue, 12/20/2011 - 08:50 | 1997130 Gohn Galt
Gohn Galt's picture

You haven't been watching enough TV.

This is off topic a little.  Has anyone seen these videos from dallasgoldbug?  He spots news stories and matches them up with actors.  The OWS footage is easy to believe (actors playing both protester and police).  I guess I can believe or not believe anything after all of this market fatigue syndrome. 

He is also gone as far back as making a case the South Park guys Matt & Trey comparing their photo's with the Columbine Shooters (trench-coat mafia).  The accusation is that the South Park creators were the Columbine Shooters in a staged production. 

http://wellaware1.com/

http://www.youtube.com/dallasgoldbug

 

 

 

 

Tue, 12/20/2011 - 07:42 | 1997038 nmewn
nmewn's picture

I believe it was Mzzz. Perdue who "joked" or otherwise stated it might be a good idea to suspend the electoral process for a couple years.

Only from the mind of an elitist can such thoughts spring.

Afterall, they've done such a stellar job so far...why would the common plebes need elections to change course...lol.

Tue, 12/20/2011 - 10:26 | 1997367 CH1
CH1's picture

I do believe it was!

It is amazing that people still want to believe in this trash.

Tue, 12/20/2011 - 11:39 | 1997606 MachoMan
MachoMan's picture

Kind of funny considering that Rose is known (at least in my anecdotal circles) for cherry picking the best looking girls from each law class...  I guess that hilary just scared them enough... 

Tue, 12/20/2011 - 05:11 | 1996603 Oh regional Indian
Oh regional Indian's picture

Exactly. Back in the days of the dot.CON boom, I remember seeing insider-info being passed around like peanuts at a post-ipo party.

The real money is made like this. TIPS. TIPS, To Insure Prrrrrompt Servitude. I think it's good for everyone to see the corruption out in the open though, more and more.

With the BLS it's even more ironic. They leak the lie.

The outrage will finally build enough pressure to bring the system down.

ori

/re-capitulation-collaboration/

Tue, 12/20/2011 - 01:07 | 1996617 FEDbuster
FEDbuster's picture

The numbers are lies, the market is rigged and if you are still trying to "play" it, you are going to get what you deserve.  Corzine can fucking steal YOUR money, from YOUR account and still be called "Honorable" by our corrupt Congress.  WTF????  You think they play by any set of rules.  Rules are for the serfs.  There is no rule of law.  Don't like it?  STFU or will rendition your ass to some shithole prison where we will torture your ass:

S. 1867 (NDAA): Secret Torture Provisions For Home Grown Terrorists

Tue, 12/20/2011 - 02:04 | 1996848 The Big Ching-aso
The Big Ching-aso's picture

 

 

The Lords have flipped the Serfs the bird, raped their daughters, shot their dogs, stole their money, and confiscated their land.    Wait till they start getting nasty.

Tue, 12/20/2011 - 02:17 | 1996861 vast-dom
vast-dom's picture

Thousands, not hundreds! And the entire global economy is working off this leak model and has been. The difference of late is that the leaks serve as much to make profits as they do to prop up the entire system which means desperation will lead to mistakes and that will in turn lead to more trouble for all involved.  

Tue, 12/20/2011 - 00:20 | 1996596 candyman
candyman's picture

Good post. WTF  do you have to do to impeach these guys?  I'm pisseed.

Tue, 12/20/2011 - 00:34 | 1996641 CH1
CH1's picture

WTF  do you have to do to impeach these guys?

You can't. Party A and Party B are the same corrupt bastards.

It's the state versus the individual... and they are defeating us with the money they take from us.

Tue, 12/20/2011 - 00:49 | 1996696 vxpatel
vxpatel's picture

molatav cocktails for happy hour...

Tue, 12/20/2011 - 00:11 | 1996564 navy62802
navy62802's picture

<----------- Not surprised.

Tue, 12/20/2011 - 00:20 | 1996595 AssFire
AssFire's picture

Holy no shit, Batmann

Tue, 12/20/2011 - 00:25 | 1996615 navy62802
navy62802's picture

You know it's dangerous to light farts. My cousin burned his ass once trying to do it.

Tue, 12/20/2011 - 00:56 | 1996723 wandstrasse
wandstrasse's picture

I was thinking about the possibility that your post might be - perhaps - off topic... but I came to the conclusion that it is not because in a metaphorical sense it describes an issue of the article; the abuse (=burn farts) of privileges (=farting) and the consequences this would have (burn ass) in a more just world.

Tue, 12/20/2011 - 02:28 | 1996875 Thunder_Downunder
Thunder_Downunder's picture

"My Cousin"

 

Riiiiiiighht!

 

:P

 

Tue, 12/20/2011 - 02:49 | 1996891 Oh regional Indian
Oh regional Indian's picture

Assfire, you have to stop making potty jokes! They don't go well with your avatar... ;-)

ori

Tue, 12/20/2011 - 00:11 | 1996565 Sabibaby
Sabibaby's picture

Hey... if nobody recollects doing anything <ever> is it really a crime?

Tue, 12/20/2011 - 03:57 | 1996927 Troll Magnet
Troll Magnet's picture

and those who do remember all end up dying right away one way or another.

Tue, 12/20/2011 - 00:11 | 1996568 CalibratedConfidence
CalibratedConfidence's picture

This done to prepare the HFT for liquidity providing operations and spread tightening, right??

 

http://batstrading.com/resources/press_releases/BATS_Listings_CLP_121911_FINAL.pdf

Tue, 12/20/2011 - 00:15 | 1996582 Van Halen
Van Halen's picture

"quite likely in violation of federal law."

FEDERAL LAW??

C'Mon! No one in a position of leadership pays attention to THAT any more!

Tue, 12/20/2011 - 00:16 | 1996584 Van Halen
Van Halen's picture

Want a good example of how well FEDERAL LAW is working for all of us RIGHT NOW?

I got two words for ya:

John Corzine

Tue, 12/20/2011 - 04:25 | 1996939 EhKnowKneeMass
EhKnowKneeMass's picture

Exactamundo! And we genuflect in front of the altar of God and the Law. There is no God, and there is no Law, and the insiders know it. Numerous articles on this website have proven the latter. Now, how to prove the former. The insiders have proven that, too. When men of god can rape children with impunity and the house of god protects them, then, that proves all this hocus-pocus thing about God is nothing but BS. We always hear that there is this kind being called God who is looking after his children that is us. And, you go to the Heaven for good deeds and burn in the Hell for the bad deeds. Therefore, who better to know about Heaven and Hell than those who proclaim to be holy men and in constant touch and contact with God. So, if those holy men truly believed in all that, and had the proof that Heaven/Hell exists, then, they would think twice before raping kids. Matter of fact, they would get themselves Bobbitized, chop off their arms and legs, and sew their lips to not go to hell because of their actions. But they don't, and they continue with their behavior, which only proves that God/Heaven/Hell does not exist at all, all this is nothing but Hippo-poo. They know they can get away scot-free as there is not God to fear of; this God/Law thing is indeed good business and a way to keep the masses hooked onto an utopian idea and make them spend oodles of cash keeping the idea/illusion alive. After all, illusion sells. Ask the Kardashian who***.

Wed, 03/21/2012 - 05:14 | 2276062 booster
booster's picture

if persons holy men truthfully supposed in all that, and have the evidence that Heaven or Hell be.

april fool pranks || best facebook status

Tue, 12/20/2011 - 00:18 | 1996589 Godisanhftbot
Godisanhftbot's picture

  what good is a free market if you cant rape and pilliage?

Tue, 12/20/2011 - 00:22 | 1996602 tmosley
tmosley's picture

Exactly.  That's why we got rid of ours a hundred years ago.

Tue, 12/20/2011 - 00:24 | 1996612 Oh regional Indian
Oh regional Indian's picture

Make that about 400 years Tmos. That is about when the free market died.

Free market and Debt are anti-thetical to each other.

ori

Tue, 12/20/2011 - 00:38 | 1996656 tmosley
tmosley's picture

WTF are you talking about?  400 years ago was all serfdom.  No free markets ANYWHERE.  Free markets started popping up during the 1800's in what we now consider the developed world.

Tue, 12/20/2011 - 00:48 | 1996694 Terminus C
Terminus C's picture

There never has been such a thing as a free market.

All that happened was that the club got bigger in the 1700's-1800's.

Tue, 12/20/2011 - 01:01 | 1996737 Thunder_Downunder
Thunder_Downunder's picture

F*ckin ay!

 

 

Tue, 12/20/2011 - 01:05 | 1996747 Milton Waddams
Milton Waddams's picture

The overarching problem is some take the term 'free market' too literally.

Tue, 12/20/2011 - 01:11 | 1996758 wandstrasse
wandstrasse's picture

the bad thing is that we got implanted the idea of free markets, in order to accept being hired and fired on booms and busts caused by the fiat currency system and thankfully work our asses off while being hired, and think all of this is justified by 'freedom' and some natural, evolutionary winning of the fittest... the idea of free markets is a handy tool used by the hidden plutocrat central planners.

Tue, 12/20/2011 - 01:29 | 1996796 Misean
Misean's picture

Yeah!!!! Cuz nothing screams free market louder than a central planning government created fiat money cartel!

Tue, 12/20/2011 - 03:38 | 1996921 Al Gorerhythm
Al Gorerhythm's picture

What does a free market mean? I was under impression that free markets were meant to be unregulated markets. If we are searching for honest markets, then that can't happen without honest money which settles accounts, rather than just a promise to pay with a credit note (falsly claiming that settlement has taken place).

Tue, 12/20/2011 - 05:17 | 1996971 Oh regional Indian
Oh regional Indian's picture

Prior to the hard on-set of industrialization, which I know you love well, people lived simpler lives, where they could grow/make enough to subsist. Most did not need to be in debt to survive.

Debt servitude, urbanization and un-free markets (for the masses), to the degree they exist today, grew or spawned out of the peculiar and unfriendly basis of the women and children powered Industrial Revolution.

ori

Tue, 12/20/2011 - 00:18 | 1996590 Out9922
Out9922's picture

Their wrists have to be getting red from all of those slaps

Tue, 12/20/2011 - 00:25 | 1996614 Jim in MN
Jim in MN's picture

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

slap slap slappin you (South Park)

Tue, 12/20/2011 - 00:21 | 1996601 SimpleandConfused
SimpleandConfused's picture

Agree with the conclusion; nothing will come of this.  It is an amazing thing to behold, but the law actually does not apply to those in government.  They are in the most literal sense free to do anything they wish.  We have no AGs, in the states or the federal level.  Corruption is complete.  The new defense authorization bill is the final nail in anything left that resembled the rule of law in this country, at least for the common man.

Sad days indeed.

Tue, 12/20/2011 - 00:23 | 1996607 Blagio
Blagio's picture

It's a Big Club and You Ain't In It!

http://www.youtube.com/watch?v=wlzjp_Y3OVM

 

Tue, 12/20/2011 - 00:25 | 1996610 bob_dabolina
bob_dabolina's picture

All this time I thought government was air tight with this stuff like this. 

/sarc

At least we can score one for the humans.

Tue, 12/20/2011 - 00:26 | 1996618 navy62802
navy62802's picture

Maybe they'll try to lay it on Bradley Manning somehow. That also wouldn't surprise me.

Tue, 12/20/2011 - 08:48 | 1997122 FEDbuster
FEDbuster's picture

We are all Bradley Manning's now.  In a week they will be able to torture him as much as they want to with the blessing of Congress.

S. 1867 (NDAA): Secret Torture Provisions For Home Grown Terrorists

Tue, 12/20/2011 - 00:27 | 1996623 Bansters-in-my-...
Bansters-in-my- feces's picture

Laws are for peasants......

And consumers.

The Goverment is NOT your friend.

Tue, 12/20/2011 - 04:03 | 1996929 Troll Magnet
Troll Magnet's picture

try telling that to dumbass liberals who can't fathom living w/o their precious .gov

Tue, 12/20/2011 - 00:29 | 1996629 CH1
CH1's picture

Don't worry, no one will go to jail.

Our precious leaders are infallible, and will always be absolved... no matter what it looks like!!

Tue, 12/20/2011 - 00:40 | 1996633 AC_Doctor
AC_Doctor's picture

We need a website that can keep track of names and addresses of all crooks (banksters, lawyers, mortagage brokers, govt. employees, local and national politicians, educators & lobbyists) who have perpetuated this massive financial fraud, so they can answer to the people for their crimes against humanity and be tried and sentenced by a new unperverted court that follows the US Constitutional guidelines, when the great reset ensues in the near future.

"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights,[74] that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security"  US Constitution July 4, 1776

Tue, 12/20/2011 - 01:53 | 1996841 dr.charlemagne
dr.charlemagne's picture

ehh, Declaration of Independence. But no worries, can't be quoted often enough

Tue, 12/20/2011 - 00:31 | 1996635 bankonzhongguo
bankonzhongguo's picture

EVERYDAY!

Every G_d damned day there is another story of corruption, malfeasance or negligence that goes unchecked.

This is why things are falling apart.

Its not so much 'the money.'

Nobody gives a shit.  And why should anyone when we are ruled by an emerging class of criminals?

Billions to keep you, me and the survivors of the Great Depression and the Holocaust in line and carefully monitored and yet elected officials trade on inside info, public servants waste the country into the ground and demand more, illegal and exploited labor gets a pass and more handouts, banks only stay afloat based upon lies.

But this is what TPTB want: Hopelessness.

They want us on our knees, begging to be saved from the very world they wrecked.

Well Fuck Them.  I'm not giving the pricks the satisfaction.

Tue, 12/20/2011 - 04:07 | 1996931 Troll Magnet
Troll Magnet's picture

in the end, this is why i buy gold and silver. they can do whatever the fuck they want but i ain't becoming their goddamn slave!

Tue, 12/20/2011 - 08:52 | 1997136 FEDbuster
FEDbuster's picture

Get some food storage and learn to grow it, too.  I'm not going to be standing in some FEMA rice and beans line, which will look like "Black Friday" with a bunch of starving people.

Tue, 12/20/2011 - 00:36 | 1996652 The Axe
The Axe's picture

Nothing will change. No one will go to jail. No one will lose his job,.

Tue, 12/20/2011 - 00:38 | 1996660 OldPhart
OldPhart's picture

Death Knell for Euro?

 RBS closing half of global operations

Tue, 12/20/2011 - 00:39 | 1996664 YesWeKahn
YesWeKahn's picture

This is perfect, a class of americans are out of law. Let's call them nobles. Then we will hace counts, marquees and dukes soon.

Tue, 12/20/2011 - 10:39 | 1997408 optimator
optimator's picture

And, when outsiders try moving in on the game those same nobles get the law to take them out!

Tue, 12/20/2011 - 00:41 | 1996667 luckylogger
luckylogger's picture

If we could line those fu#####a up and shoot every 5th one. it would be done and the game would be over. The rest of the pussies would be shivering in their boots for a 1/10 of the shit they have done to the average man/ After getting the insurans  letters that i got today..................................................................

Eventually they will be hung like the rest of the worlds scoundrels . these insurance and bankers guys are no better than saddam.

hopefully they will burn in hell..........

lol

 

Tue, 12/20/2011 - 00:44 | 1996681 Terminus C
Terminus C's picture

At the end of the day, the slowest trader, who has the best connections with the BLS, ends up trumping the guy with the $5 million a month box parked squarely at the receiving end of NYSE's Mahwah fat pipe.

You presume that the people getting the information do not also control the "$5 million dollar a month box".

Tue, 12/20/2011 - 00:47 | 1996687 Misean
Misean's picture

Government BureauRATs and conmen...politicians, engaged in corrupt criminal acts??!?1?1!?

Wow!

And I thought they just watched pr0n on the clock.

Best get the outrage out of the way now folks. In a week or so, mentioning such will be a terrorist act, and you'll get a predatore drone flown by some nice gestapo...erm...police officer up your ass.

Tue, 12/20/2011 - 00:47 | 1996692 Bárðarbunga
Bárðarbunga's picture

Julian Assange releases information and he's treated like a fucking terrorist. Asswipe BLS nazi fuck does it and what happens?

Honey Badger don't give a shit.

Tue, 12/20/2011 - 00:50 | 1996698 Barry McBear
Barry McBear's picture

I'd pay $1 million a month to be able to receive the leaked non-farm number and be reasonabally assured very few others, if anyone, had it as well.  It would be very profitable for me in the long run.  Frankly, I'd be ripping them off by paying only $1 million.  Anyone with half a brain could do the same. 

 

I get the impression that the agencies that release these numbers don't appreciate the value the information has in the markets.  I know of at least two separate news organizations that were setup entirely so that a select group of traders behind them could get access to economic data a few miliseconds before the rest of the world.  Again, worth literally millions of dollars.  A $250,000 fine is nothing compared to the profits these guys put up, but of course they were never caught.

 

The US gov't could help ease some of their budget constraints by selling access to their numbers to anyone willing to pay.  Why is it so important for select reporters to have access before anyone else?  Let them write their worthless stories after the release. 

Tue, 12/20/2011 - 00:56 | 1996724 Misean
Misean's picture

"The US gov't could help ease some of their budget constraints by selling access to their numbers to anyone willing to pay."

And cut the career burauRATS out of their...tips? I don't think anyone in CONgang is stoopid enough to f**k with them like that.

Tue, 12/20/2011 - 00:57 | 1996712 Milton Waddams
Milton Waddams's picture

Federal authorities looked into 41 confirmed private flights Perdue took dating back to 2005, which her campaign did not report until 2009. The state Board of Elections in August fined Perdue's campaign $30,000 for the flights aboard campaign donors' planes but concluded that the Perdue Committee did not intentionally violate the law.  Perdue and representatives of her campaign have maintained that there was never any intent to conceal the flights, some of which might have violated state limits on contributions to candidates. Rather, they have said, the campaign had "a flawed system for recording flights," and the trips were not discovered until an audit of campaign records was conducted in 2009.

edit for source: wackypedia http://en.wikipedia.org/wiki/Bev_Perdue

Tue, 12/20/2011 - 00:56 | 1996725 ninja247
ninja247's picture

i love this

Tue, 12/20/2011 - 02:26 | 1996872 Conax
Conax's picture

Yeah it's great!

 

"The suspense is killing me...I hope it lasts" ~ Willy Wonka

Tue, 12/20/2011 - 01:00 | 1996736 slewie the pi-rat
slewie the pi-rat's picture

Governor Bev Perdue of North Carolina Wants to Cancel Elections | RedState

granted, this is a GOP attack against the demGov, but this actually happened a few months ago

apparently, she thought she could save money by cancelling elections

i kid you NOT

she must love spinCity re-runs! 

Tue, 12/20/2011 - 06:36 | 1997014 valley chick
valley chick's picture

Bravo for Carolina Journal in their reporting.  In the past they investigated Frank Ballance who was a US representative that went to jail.  If i remember correctly the SBI did nothing but since Franky boy was a US representative the FBI came in and cleaned up.  The Carolina Journal was on it like a tick.

As for Bev, she did openly say she wanted to cancel elections.  I am curious if anyone knows of any connections with bev and the current administration.  More than coincidence to me.

Tue, 12/20/2011 - 07:01 | 1997023 Burr's 2nd Shot
Burr&#039;s 2nd Shot's picture

There is a connection, although a quick Ctrl-F will show you that the word Democrat only appears in this post, and not in the article.  (Although Slewie does reference dem).  The meme of both parties being evil, etc. only goes so far.  While there is corruption throughout the government (federal and state), the raising of corruption to an art form is a Democratic party accomplishment. 

Tue, 12/20/2011 - 01:02 | 1996741 San Diego Gold Bug
San Diego Gold Bug's picture

It is all BS and will continue to be BS until the whole thing collapses.  Be prepared and move all $ to phyzzz!  Buy phyzz and remove your money from the digital radar! F... Wall Street and the Gov games.  That was depressing so here is some Christmas cheer for ZH and silver.  Silver Bells

Tue, 12/20/2011 - 01:04 | 1996745 batterycharged
batterycharged's picture

C'mon, it's so OBVIOUS!

Note the bizarre pumping on CNBC, etc. the day before a horrible jobs report. They have to know.

It's so obvious, its ridiculous.

The system is so rigged, you can only blame yourself for losing money...er, or being in it.

What's sad is that so many on this site defend the corrupt system because they think they can win the lottery. It's all great until it's not.

Tue, 12/20/2011 - 01:21 | 1996781 Misean
Misean's picture

Must be why Ol' Mittey has a penchant for shreders...

Tue, 12/20/2011 - 01:21 | 1996782 Doofer
Doofer's picture

Why do I feel like puking?

Tue, 12/20/2011 - 01:27 | 1996790 Misean
Misean's picture
Member for
21 weeks 3 days
It can take up to a half year for that to subside. Soon enough, though, you'll be able to turn of CNBS and laugh your ass off. Just take care to monitor your fluids and blood pressure during the transition.
Tue, 12/20/2011 - 01:45 | 1996830 Teamtc321
Teamtc321's picture

Pissed off stage was next for me...........still there. 

Tue, 12/20/2011 - 04:12 | 1996934 StychoKiller
StychoKiller's picture

Yer avatar already looks like it is! :>D

Tue, 12/20/2011 - 01:41 | 1996821 Georgesblog
Georgesblog's picture

40 years ago, when I was in high school, I wondered how politicians managed to line their own pockets, while being so busy lining their friends pockets. Today, I understand that it's a cooperative effort. I think that's legally called a conspiracy.

http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/

Tue, 12/20/2011 - 02:11 | 1996857 quacker
quacker's picture

The missing position, the hole in the center of the nation is called the President of the United States. We don't have one. We have a two-bit banker and third world mafioso thug where that position should be.

Next up is worse. We go from stooge of the global elite, to the actual global elite when Twitt Romney steps in there. A mistake that will dwarf even the one we made with the Kenyan.

Tue, 12/20/2011 - 02:25 | 1996870 connda
connda's picture

Vote Out:

All incumbent politicians including your own.

Vote In:

American citizens who can prove that have a moral compass, who will stand by their beliefs without flip-flopping on issues, and who are not supported by Big Business PACs.

We can collectively bitch and moan about these obvious travesties of justice, but if you allow your own "bought and paid for", space-monkey politcos to remain in office to continue this on-going farce, then you have nobody to blame but you.

Personally, I've thrown my hat into the Ron Paul camp.  It's a damn good start.

Tue, 12/20/2011 - 08:04 | 1997066 Hubbs
Hubbs's picture

We American citizens have a solemn and sacred duty to automatically vote out each and every incumbent this up and coming election and for all future elections.

To not do so allows the very undesirable process in nature called IMBREEDING. A diverse gene pool is necessary to maintain the hardiness of a species.

However, politics is quite unnatural because imbreeding paradoxically leads to a more "robust" and powerful organism.

 

Now, on to my well refined definition of a politician that I have thought about meaningfully over the years:

 

Politician=  One who seeks re-election.

Tue, 12/20/2011 - 08:07 | 1997073 Ghordius
Ghordius's picture

good one, I have another:

elected politician = reflection of the electorate

Tue, 12/20/2011 - 02:28 | 1996874 DarkStarDog
DarkStarDog's picture

Only poor unemployed peole go to jail.

Tue, 12/20/2011 - 03:13 | 1996905 dust to dust
dust to dust's picture

Advertisers, advertisrs. Keep it  going with that cheap influx. Truth counts.

Tue, 12/20/2011 - 03:25 | 1996913 dust to dust
dust to dust's picture

An advertisement. A call to public attention. Well and Done.

Tue, 12/20/2011 - 03:30 | 1996916 lunaticfringe
lunaticfringe's picture

Perhaps Eric Holder will prosecute the villains. LMAO

Tue, 12/20/2011 - 03:49 | 1996924 williambanzai7
williambanzai7's picture

BLS AD

Tue, 12/20/2011 - 04:12 | 1996933 silverbullion
silverbullion's picture

LOL :-)

Thu, 03/08/2012 - 14:38 | 2236715 carbonmutant
carbonmutant's picture

Keeper...

Tue, 12/20/2011 - 04:11 | 1996932 silverbullion
silverbullion's picture

More reason to continue to buy physical silver and gold.

Tue, 12/20/2011 - 06:33 | 1997010 The Navigator
The Navigator's picture

Just more evidence of the Ponzi-Nomics of this banana Non-Republic

Laws and Taxes are for peons and peasants - by this time, you should be used to this "hope and change" bull shit.

Tue, 12/20/2011 - 07:42 | 1997039 Pumpkin
Pumpkin's picture

OMG!  OMG!  The federal government did something against the law??  LoL!  They use the constitution as shit paper in DC!

Tue, 12/20/2011 - 07:50 | 1997047 Hubbs
Hubbs's picture

First discovered this in NC? I don't believe it! Surely it must have occurred in KY whose politics, courts, and business dealings have been rotten, rotten, rotten, to the core. 

 

But having lived now in both states, I'd say it is is a horse race.

Tue, 12/20/2011 - 07:56 | 1997055 vegas
vegas's picture

And if you think the pre-release is only for positive spin, then you are a bigger chump than the Hope & Change crowd. Certain traders, who possess the "right mental attitudes" get this shit all the time.

 

http://vegasxau.blogspot.com

Tue, 12/20/2011 - 07:58 | 1997059 Everybodys All ...
Everybodys All American's picture

This administration is so corrupt it actually catches no one by surprise anymore.

Tue, 12/20/2011 - 08:02 | 1997063 PulauHantu29
PulauHantu29's picture

Rolls Royce orders, up:

Revealed: huge increase in executive pay for America's top bosses

Exclusive survey shows America's CEOs enjoyed pay hikes of up to 40% last year – with one chief executive earning $145m.

Chief executive pay has roared back after two years of stagnation and decline. America's top bosses enjoyed pay hikes of between 27 and 40% last year, according to the largest survey of US CEO pay. The dramatic bounceback comes as the latest government figures show wages for the majority of Americans are failing to keep up with inflation.

America's highest paid executive took home more than $145.2m, and as stock prices recovered across the board, the median value of bosses' profits on stock options rose 70% in 2010, from $950,400 to $1.3m. The news comes against the backdrop of an Occupy Wall Street movement that has focused Washington's attention on the pay packages of America's highest paid.

 

from the UK Guardian

Tue, 12/20/2011 - 08:06 | 1997072 DavidC
DavidC's picture

Tyler,
Beuatiful. Thank you for, once again, bringing this to the attention of thinking people.

DavidC

Tue, 12/20/2011 - 08:50 | 1997113 swani
swani's picture

Isn't insider trading legal for the politically connected? It's also not just 'this administration', people. Anyone who thinks it's just 'this administration' that behaves like the worst Banana Republic, and that, this rot, is not endemic to our whole system, has not fully woken up yet, and accepted, the clear and painful fact that this level of corruption spreads equally across both parties. All anyone has to do, if they are still sure that this is the 'fault' of the Republicans or the Democrats, is look, at the list of the Congressmen and women who voted yey for NDAA. 

And doesn't it scare the living shit out of everyone that the Patriot Act is IDENTICAL to the Nazi Constitution? 

Tue, 12/20/2011 - 08:42 | 1997119 Mr. Lucky
Mr. Lucky's picture

Does this mean my chocolate ration has been increased?

Tue, 12/20/2011 - 09:00 | 1997154 silverbullion
silverbullion's picture

Every time there is a leak it smells like shite.

Tue, 12/20/2011 - 10:11 | 1997324 jay28elle
jay28elle's picture

you know, sitting back and trying to imagine what it would take to clean up the govt corruption (i mean in the broadest terms, from blattant to accidental (??)), would be just a freaking gigantic endeavor.

I don't even think putting them in front of a firing squad will change behaviors.  The whole system from tip top to the very bottom is prone to corruption - there are way too many humans, with human urges, greed, egos, etc.

Remember Obama promising to change all that?  But the moment he jumped into the Oval Office he did nothing but join in.  Politics as usual, I guess.

Tue, 12/20/2011 - 12:03 | 1997685 tony bonn
tony bonn's picture

with the criminal thug eric holder acting as chief lawman you can rest assured that nothing will come of it....congress will pretend to investigate, the totus will pretend to be concerned and call for even more "transparency", and then poof - it's all gone.

Tue, 12/20/2011 - 12:08 | 1997700 Shizzmoney
Shizzmoney's picture

Really goes to show the fascist overlords on the left AND the right are working together to lie to the people.

The Left, in a re-election war, are fudging UE numbers (or just ignoring the REAL number - the U6 - which includes both those OFF the UE rolls and still wo a job and part time workers.  Only 2 current congressmen - Sen. Bernie Sanders and Rep. Ron Paul actually discuss this number) to make it seem the economy is doing better under their watch (wherein, political parties have almost next to nothing to do with the success/failure of economy, minus maybe confidence).  The Corporate right is obvious in the back of the banks, evident by John Boehner's staff launching a propganda war vs OWS, and then we have this debacle by a Blue Dog Democratic Governor (North Carolina Democrats not named John Edwards are about as Democrat as my right nut), carrying the torch from a previous regime, trying to fudge numbers, illegally, to keep their neofuedal ponzi scheme going.

She and the ex-governor Easley were also caught taking private plane flights from corporate donors:

On October 22, 2010, Perdue revealed that her 2008 campaign was under State and Federal investigation. Less than a month after Perdue revealed her own investigation, her predecessor, Mike Easley, became the first North Carolina governor to admit to a felony.[30]

Federal authorities looked into 41 confirmed private flights Perdue took dating back to 2005, which her campaign did not report until 2009. The state Board of Elections in August fined Perdue's campaign $30,000 for the flights aboard campaign donors' planes but concluded that the Perdue Committee did not intentionally violate the law.[5]

 

Tue, 12/20/2011 - 12:22 | 1997739 cranky-old-geezer
cranky-old-geezer's picture

 

 

Markets way up this morning and nothing about it on ZH?

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booster's picture

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booster's picture

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