Our paths didn't cross. I have no doubt the issues discussed as economic really demand a police solution. The old problems of who polices the police remain.
On 30 Mar, 17:17, nominal9 <nomin...@yahoo.com> wrote: > 84.For myself, I believe that the issue has gone too far, and the genie is > out of the bottle. The only way these organised criminal enterprises can be > dismantled is for a root and branch reform of the banking sector, breaking > up the big conglomerates, jailing a lot of 'too big to jail' bankers, and > reintroducing an environment where banks become the servants of the > community and the economy, and not high-rollers in the most unregulated > casino on the planet. > > 85.So, this Commission is an excellent opportunity for Government to take > a close look at the way in which the financial sector is policed, because > unless something drastic is done to change the way in which the financial > sector is regulated, then we shall continue to suffer from the kind of > scandals that have made London a cess-pit, the venue of first resort for > every con-man, scam-artist and bankster in the world, rapidly ensuring our > descent into the ranks of the global pariah states. / Rowan? > > Do you know this "author", Archytas? Seems to make eminent sense. Here in > the U.S. they have a metaphor they call the "revolving door", whereby > government regulators in many areas (including financial) upon leaving > their government jobs then proceed to get lucrative job contracts working > for those private businesses that they oversaw.... and the "door" revolves > in the other direction, as well.....conflict of interest, basically.... the > regulators hold the interests of the private businesses that they > "regulate" above the interests of the general public that the regulators > are supposed to protect. Through campaign donations, the same holds for > politicians....What I mean to say is that just "exhorting" the government > regulators and the agencies to perform their "duties" is not enough > incentive, practically....There should be no possibility of future > employment whatsoever for former regulators (or their kin) in any private > enterprise that they have overseen... and conversely no newly hired > regulators should have any prior history of having been employed or > financed by the private enterprise sectors they regulate.... This is all > straight-forward common sense....As further incentive.... in the event of > discovered wrong doing in any government regulated private sector.... the > regulatory agency that failed to spot the wrongdoing should be penalized to > an extent, as well.... then the regulators may have a reason to do their > jobs... earn their pay....HAR... will it happen? > > > > > > > > On Thursday, March 28, 2013 5:46:45 PM UTC-4, archytas wrote: > > > There are phrases in all languages I have a smattering of that mean > > something like 'when the scales fall from your eyes'. I see Cyprus > > has wheeled three judges out of retirement to 'investigate' the > > collapse - sounds like the prelude to a cover-up. I and some similar > > old duffer once colleagues think these matters would be best left to > > cops working without hindrance under existing criminal law. This s > > quite interesting -http://rowans-blog.blogspot.co.uk/- he's in > > Manchester next week and I may go along. > > > On Mar 28, 3:56 pm, nominal9 <nomin...@yahoo.com> wrote: > > > By the way, Archytas.... I think you've been following this story... > > here's > > > an update, in case you missed it... > >http://www.nytimes.com/2013/03/29/nyregion/search-warrants-reveal-ite... > > > I have no respect at all for any of the "state officials" in this > > area.... > > > I can honestly say that in my felt opinion the problem largely a matter > > of > > > social status and connections... People of relative social "import" who > > are > > > NEVER placed under the normal scrutiny of any authority... for reasons > > of > > > wealth, position, reputation, nepotism, cronyism, etc.....has very much > > to > > > do with it. As for the young fellow's psychological problems, they were > > > "likely" compounded by, rather than ameliorated by, the family's > > > standing....Blame the parents?... not really, but blame their "class > > > hierarchy" self-regard above the welfare of their own son.... I can see > > > that.... > > > And it is that same "class hierarchy" self- regard the the "state > > > officials" here in Cunt-Etiquette (the Constipation State) have first > > and > > > foremost on their minds....along with on the minds of the rest of the > > > "upper crust"... sadly probably including the relatives of the > > victims.... > > > People don't like it when I say things like this.... but it needs > > > saying....so I mollify it a bit ("probably")... > > > > On Wednesday, March 27, 2013 5:39:29 PM UTC-4, archytas wrote: > > > > > I don't think we've heard the end of the Cyprus thingy. I expect the > > > > following in the next few months: > > > > 1. The amount of money in the Cyprus banks will turn out les than > > > > expected > > > > 2. A long list of worthies, including Lev, my mate in the Russian > > > > mafia, will have moved their funds out either long before or just > > > > after the public announcement of bail-in > > > > 3. A whole load of dodgy securitised packages of Greek dead donkeys > > > > and bags of rocking horse droppings will be found in Laiki as though > > > > someone already knew it was a bad bank as far back as 2009 > > > > 4, A lot of very ordinary people will see their life savings evaporate > > > > 5. The price of my horse's head futures will rise as my prediction on > > > > the market demands for complex messaging structures come in > > > > 6. Banks in Spain, Italy and France will start emitting Hawking > > > > radiation - Bankia in Spain has just been bailed out for more than > > > > Cyprus and is still so worthless they are packaging up the shares in > > > > bundles so they meet the one cent minimum quote under Spanish Law. > > > > > Back in Blighty we are told by the BoE that our banks need £25 billion > > > > to meet capital requirements after they take coming hits of £50 > > > > billion. Severe under-calculation here - most bank assets across the > > > > globe are based on an equity and property market held up by QE and > > > > other dodges - a conservative estimate of leverage is 25 : 1 - and > > > > they've been lying about everything else - so roughly a 4% drop in the > > > > real assets could start wiping people out in margin calls Cyprus just > > > > might be something good - the beginning of a strategy to go after very > > > > large amounts of ill-gotten loot from Singapore to Switzerland - maybe > > > > starting in Luxembourg (where financial 'assets' to GDP is 21 : 1 - it > > > > was only 10 : 1 in Cyprus). If I was doing the enquiry, I'd have > > > > 'systems in place' (men ashore) so no one could wire money out of > > > > these places without my being able to track it and seize it I guess > > > > $20 to $30 billion might be sequestratable - the means might have to > > > > be very devious. > > > > > It's hard to know what the numbers in this farce mean. I think a fair > > > > example is the £25 billion 'need for capital' in UK banks. The UK > > > > financial sector employs 4% of Brits but receives 40% of all bonuses > > > > paid in the UK. About £60 billion have been paid out in the last 5 > > > > years - so if they had been cut in half UK banks wouldn't need more > > > > capital. You can see this thieving through obscene payments is a big > > > > part of the problem. The other big element is legal Ponzi - the banks > > > > have been able to buy investments with the criminal and tax avoiding > > > > cash in ways that bloated property and other asset prices - this in > > > > turn was recorded as profit on which they paid out the interest to > > > > investors - but now these assets are falling or supported by QE etc. > > > > They have been setting up other Ponzis (usually exchange traded funds) > > > > that monopolize commodities like copper and food and are trying to > > > > collapse countries to buy up toll booths (ports, airports, public > > > > services). They can't just bury this hot money in the ground as very > > > > large men want interest from it. My guess is the financialisation > > > > market has already swollen to maximum possible size. Some of the > > > > banksters may now be between a rock and a hard place and about to turn > > > > Queen's Evidence (grass up for reduced sentences, changed > > > > identities). A fw good cops could take down the $20 trillion plus > > > > scam. > > > > > On 25 Mar, 16:34, nominal9 <nomin...@yahoo.com> wrote: > > > > > Well... it appears to have been decided..... the EU "sheriff" came > > to > > > > > town,,,, and cleaned up......HAR > > >http://www.guardian.co.uk/world/2013/mar/25/cyprus-bailout-deal-eu-cl... > > > > > > On Sunday, March 24, 2013 4:32:15 AM UTC-4, archytas wrote: > > > > > > > Plenty of hoHAR on Cyprus Nom and little evidence as far as I can > > > > > > see. The cover story is Russian mafia, banks pumping money into > > high > > > > > > yield Greko-Zimbabwean rocking horse dropping futures (who would > > buy > > > > > > them - especially with Russian mafia money?) and hence big hole in > > > > > > bank balance sheets when the fictitious assets turn out to be - er > > - > > > > > > fictional. At least three major EU banks are involved to my > > > > > > knowledge. I suspect the Cyprus banks were made into a dead > > donkey > > > > > > graveyard by them. On the other side Cyprus government spending > > and > > > > > > debt is low against the EU average (80 odd v 93%). What sort of > > > > > > excuse is it that they invested unwisely in Greek bonds? You and > > I > > > > > > knew this was a piss poor certain loser even in a three-legged > > donkey > > > > > > race. It's the sort of bet we might have made with other people's > > > > > > money along with very large sacks of cash and new passports for us > > > > > > truly along with plane tickets out on the > > ... > > read more » -- You received this message because you are subscribed to the Google Groups "Epistemology" group. To unsubscribe from this group and stop receiving emails from it, send an email to epistemology+unsubscr...@googlegroups.com. To post to this group, send email to epistemology@googlegroups.com. Visit this group at http://groups.google.com/group/epistemology?hl=en. 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