In Memory of Carol Ann

Dedicated to Erin Elizabeth and Deanna Carol


Any society that would give up a little liberty for a little security deserves neither and will lose both.

Benjamin Franklin.













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Saturday, April 24, 2010

Security Exchange Commission




The Security Exchange Commission was established in 1934 amidst the Great Depression to convince investors their money was safe.
Since it's inception the Stock Markets have continued to be the epicenter of white collar crime. Every four to five years there's another scandal of lying cheating and stealing from the swindlers of New York.
Refueled by greed and the promise of something for nothing is much to overwhelming, as the investors eventually return to the trough. The defenders of the current scandalous housing mortgage derivatives and ponzi schemes have advised the consumers "the SEC task of monitoring the markets are overwhelming and without resources to be effective".
Yada Yada Yada and Yada, Now America is informed The SEC during the final years of The Bush Reign of Errors, at the height of the crisis was down loading Porn instead of chasing the bad guys.
Or simply put, there are no good guys there are only thieves and perverts running our government. If this makes you feel like a sucker taxpayer it's because your are in fact a Sucker.
President Obama is supporting further legislation reforms which will no doubt hire more people watching Porn.
The answer for us Suckers is to not patronize The Dirty Dozen Banks. Accept no checks written on BofA or Citi and remove your 401K retirement funds from the Stock Market and invest your money in America enterprises that you are familiar.
Replacements not reforms are in order for all our law makers. Clean up our house and allow former slackers to view porn full time. Should be a good look on their resumes.
The following is a section of an article containing some of the disgusting facts of our truth.
knoxvillebiz .com reported "An accountant was blocked more than 16,000 times in a month from visiting websites classified as "sex" or "pornography." Yet, he still managed to amass a collection of "very graphic" material on his hard drive by using Google images to bypass the SEC's internal filter, according to an earlier report from the inspector general. The accountant refused to testify in his defense and received a 14-day suspension.

n Seventeen of the employees were "at a senior level," earning salaries of up to $222,418.



n The number of cases jumped from two in 2007 to 16 in 2008. The cracks in the financial system emerged in mid-2007 and spread into full-blown panic by the fall of 2008.



California Rep. Darrell Issa, the top Republican on the House Committee on Oversight and Government Reform, said it was "disturbing that high-ranking officials within the SEC were spending more time looking at porn than taking action to help stave off the events that put our nation's economy on the brink of collapse."

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