Some suggest they’ve seen Obama (and countless others) at the Bilderberg meetings.

No attribution.

4. Outlaw lobbyists. The last time I checked, our elected officials are to represent the people of America, not institutions, organizations or their own special interests

The supremes have ruled on this. If a corporation is a “legal” person, then under the constitution they have a right to petition their Reps. Also there is the First Amendment.
The question does remain as, to how to get the money out of electing our public officials and keepin ‘em honest.
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Wonder what Ceaser had to say about it.

You site is invaluable resource.

1- Why do people refer to Goldman Sachs as a bank? Morgan Chase is on the corner of my street but where is Goldman Sachs?

2- People talk about banks bundling mortgages together into securities and selling shares in these securities. But mortgages aren’t static – people sell houses and new mortgages are taken out. Mortgages are paid down. What is the mechanism for keeping track of the nuts and bolts of a security fund dealing in a constantly shifting commodity? Are there reporting laws regulating these securities? If there is no reporting requirement, what idiot would buy into them?
Could someone explain to me how this was supposed to work?

Otherwise we’re as cooked as the books.

This is a long post but I found it on a finance message board and would like your thoughts on it.

Thanks

I’m a business diagnostician. I’ve been one for over 30 years. If a business listens to my suggestions they prosper. I’m retired now and have been studying the downfall of America recently. This really doesn’t have to happen and it is preventable, but we have several problems that have to be addressed very soon. You can call this a Christmas wish list if you like, and can even cut-and-paste these suggestions and e-mail them to your gov’t rep of choice and demand he/she act on them a.s.a.p. 1. Quit throwing money at the big banks. They’ve cooked the books and they’re not truthfully revealing the shape they’re in. Actually the money given them is used for bonuses, buying other banks, sending money to foreign banks, and hiring more lawyers for foreclosures. They are only lending to someone with a great credit rating. One at a time, the banks should be nationalized, their books cleared up, their CEOs fired, then finally break up and sell each bank into smaller (not too big to fail) pieces to the private sector. 2. To restore confidence in our financial system and bring people back to the stock market – these institutions, along with Fannie and Freddie, the SEC, and several representatives in government have to be investigated for wrongdoing. An example must be set and our government has to show they are serious about cleaning up all of the corruption. 3. The laws pertaining to the banks and lending must be changed very soon. Over the past decades the laws have been omitted or adjusted to heavily favor big business and what they can do. Some executives in certain institutions have been empowered to just write their own paycheck. We’ve changed from a democracy into an oligarghy, ruled and controlled indirectly by the super-wealthy. Some suggest they’ve seen Obama (and countless others) at the Bilderberg meetings. 4. Outlaw lobbyists. The last time I checked, our elected officials are to represent the people of America, not institutions, organizations or their own special interests. 5. Enforce the immigration laws that are on the books. I know Obama is pushing amnesty now but I figure it’s just lip service and he’s just looking for the votes in 2012 and realizes amnesty will have no chance of being passed at this time. Face it, America is really really hurting for jobs right now and to add to this problem would not be a good thing. In addition the illegals are a very large burden to several states now and becoming worse. 6. Do away with the h-1b workers. Again, legislation passed by our reps making it just fine to import more workers here, while our workers get a lay-off slip. Bill Gates, just how much money is enough ? 7. Get the hell out of the middle east countries. They don’t want us there. We’re just stirring the pot. This is just one more reason why the terrorists want to kill us. Good luck making peace there when their peoples have fought each other for centuries. 8. Legalize pot. Just pot. The war on drugs is lost. This is just like prohibition. Legalize it, monitor it, and tax it. This will soften the war against the Mexican drug cartels as well. Pot is a soft drug and is non-addicting (don’t believe what your gov’t tells you). 9. Go after the off-shore banks, British Virgin Islands and Swiss banks as they just horde ill-gotten money for the rich and illegal (and America desperately needs the revenue now). 10. Pass legislation to lower these ungodly credit card rates (see lobbyist). I think it’s funny how Bush pushed through legislation making it tougher to declare personal bankruptcy before the end of his term. He’s just taking care of the good ‘ol boys. Greed is a disease. The more you have the more you want. I don’t see it though. You’re very rich, and you screw over the whole country and world economy to become very very rich. 11. Colleges – halve the tuition for American kids, while doubling it for foreigners. It’s a damn shame we have the finest colleges in the world and our own children can not take advantage of that. We’ve fallen desperately behind the world in education and this should help. 12. Corporations – all money going to R & D won’t be taxed. 13. Get rid of NAFTA. Did you notice the price of your new Ford drop dramatically when they started making them in Mexico ? No ? Hmmm you know that dropped the labor cost to almost nothing. With the savings a new Focus should cost $3000. Somebody’s getting richer (see lobbyist). Thanks for signing NAFTA Bill Clinton. I knew you weren’t a democrat when you did that. Let’s get busy people and TAKE BACK OUR COUNTRY !!!!!

Bank of America should fall flat on their ass. They were giving credit cards to illegal aliens and doing all kinds of other shady crap.

Perhaps this scenario will wake corporations up that they can’t pass out these insane bonuses and exec pay with no accountability! I am all for capitalism and people who work hard being paid accordingly. But they just jumped off a cliff w this. It’s their own fault and we’re paying for it.