"DOJ’s strategy is a legal obscenity and has produced the greatest strategic failure to prosecute elite (and not so elite) white-collar criminals in DOJ’s modern history. DOJ has made it clear to senior (and even middling) bank executives that they can loot with absolute personal impunity. This guarantees future financial crises will be far more severe. But DOJ has reached a new nadir by giving top agency awards to those who lead its abject failures and by claiming that it cannot prosecute bank officers (hilariously rebranded by DOJ as “rocket scientists”) because DOJ attorneys cannot do 5th grade math."
"DOJ just gave its lead prosecutor team a 2nd "highest award," for failing to prosecute ANYONE at JPMorgan."Wow! Maybe we should pay ALL citizens for NOT working! You suppose? :(
I can't even keep up with the volume of obscene news anymore.
What could keep our entire electorate AWARE of context? It will be something quite simple.
They're quite literally asleep at the wheel.
There could be huge signs posted, saying "CRASH AHEAD" ... and these current democracy drivers would still hand the wheel over to some drunk Neo-Cons, out of pure denial.
And disorientation. And lack of context awareness.
Yet somewhere at the bottom of every rabbit hole, including this one, there are some rather simple fixes to trigger. We need some focus, a consensus Desired Outcome, and an organized campaign to achieve it ... by any and all means possible. None of these bozos can be as smart as all of us. We just have to start acting like owners of our own Public Initiative.
What are the opposition - and our Innocent Frauds - doing?
"The top 'quant' at Enron, the honest and brilliant top risk officer, Vincent Kaminski, wrote recently about his regrets that he was unable to spot the fraud, at a firm that was 'rotten to the core,' because he did not understand accounting control fraud techniques."If so, then he should have been relieved of responsibility long before. Which just means that corp/national governance & risk-mgt was totally trashed, and inadequate. That's a good way to lose an adaptive race.Brilliant? You be the judge.
And while you're pondering, switch to earlier today.
Control Frauds are running circles around our current Democracy?
They're inside our aggregate Decision Cycle? (perhaps just for lack of one, on either side ... )
What would John Boyd say about this competition between OODA Loops?
(That we're screwed ... if we don't drastically ramp up our distributed initiative ... and & start inventing & utilizing some "Fast Transients" ? i.e., "short cuts.")
ps: If this level of fraud is aggregate obscenity, surely existing anti-obscenity laws should protect the public from it?
Where's our current Supreme Court? Oh yes, already bought & paid for .. with YOUR diverted Public Initiative, er fiat currency.
What'd Bill Black just document? What on Earth is happening?"Three years ago, in the dark days of the housing crisis, regulators pressed for a controversial rule that aimed to crack down on shoddy and dishonest lending practices. Now they’re rolling back their plans."
Control Frauds are running circles around our current Democracy?
They're inside our aggregate Decision Cycle? (perhaps just for lack of one, on either side ... )
What would John Boyd say about this competition between OODA Loops?
(That we're screwed ... if we don't drastically ramp up our distributed initiative ... and & start inventing & utilizing some "Fast Transients" ? i.e., "short cuts.")
ps: If this level of fraud is aggregate obscenity, surely existing anti-obscenity laws should protect the public from it?
In my mind, that suggests that things that Control Frauds & their servants say are NOT protected speech.
Where's our current Supreme Court? Oh yes, already bought & paid for .. with YOUR diverted Public Initiative, er fiat currency.
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