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	<title>Comments on: Wall Street Journal Goes in the Tank for FINRA</title>
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	<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/</link>
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		<title>By: Software</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1269633</link>
		<dc:creator>Software</dc:creator>
		<pubDate>Sat, 24 Oct 2009 23:06:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1269633</guid>
		<description>Another great post.
Thank you for the information, Its good to see such quality posts.
Im subscribing to your blog.
Keep them comming.



&lt;a href=&quot;http://www.rain-clouds.com&quot; rel=&quot;nofollow&quot;&gt;Craigslist Software&lt;/a&gt;Craigslist software</description>
		<content:encoded><![CDATA[<p>Another great post.<br />
Thank you for the information, Its good to see such quality posts.<br />
Im subscribing to your blog.<br />
Keep them comming.</p>
<p><a href="http://www.rain-clouds.com" rel="nofollow">Craigslist Software</a>Craigslist software</p>
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		<title>By: FrenchNail</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259931</link>
		<dc:creator>FrenchNail</dc:creator>
		<pubDate>Sat, 26 Sep 2009 22:41:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259931</guid>
		<description>FINRA has very little credibility left and the fact that they now are letting brokers deal with window X (ARPS renamed and retooled just to make it more difficult for investors to go after this new version of an old fraud) is an ever more proof of this.

The whole Wall Street setting of checks and counterbalances is just smoke and mirrors. We are going straight to another major collapse because the players refuse to show their game and still believe their delusion of grandor and profeciency. 

This administration is chicken soup for Wall Street, when sanitization and rehab is necessary.</description>
		<content:encoded><![CDATA[<p>FINRA has very little credibility left and the fact that they now are letting brokers deal with window X (ARPS renamed and retooled just to make it more difficult for investors to go after this new version of an old fraud) is an ever more proof of this.</p>
<p>The whole Wall Street setting of checks and counterbalances is just smoke and mirrors. We are going straight to another major collapse because the players refuse to show their game and still believe their delusion of grandor and profeciency. </p>
<p>This administration is chicken soup for Wall Street, when sanitization and rehab is necessary.</p>
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		<title>By: wbboei</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259861</link>
		<dc:creator>wbboei</dc:creator>
		<pubDate>Sat, 26 Sep 2009 17:54:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259861</guid>
		<description>When did real journalism move from asking the hard questions and demanding answers to the mere parroting of a party line? Recent polls indicate a lessened confidence in the media in our country. Why? Journalism has largely abdicated its responsibility to be the public conscience.
------------------------
Yes, that is very true. I have mentioned in the past the common ownership and control problem between this administration and big media by conglomerates.  The secondary problem relates to the journalists themselves. In a word they are lazy.  This White House reportedly sends them, and Associated Press an average of twelve emails per day, and it is much easier for pseudo reporters like Beth Fouhey to regurgitate what the White House has told them than to dig for the truth.  The latter is hard work and it may be rebuffed by their superiors who are in the bag.  Therefore the path of lease resistance is to become propandists, which is a slow death for a journalist, because at the end of the day no one with common sense believes them.</description>
		<content:encoded><![CDATA[<p>When did real journalism move from asking the hard questions and demanding answers to the mere parroting of a party line? Recent polls indicate a lessened confidence in the media in our country. Why? Journalism has largely abdicated its responsibility to be the public conscience.<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br />
Yes, that is very true. I have mentioned in the past the common ownership and control problem between this administration and big media by conglomerates.  The secondary problem relates to the journalists themselves. In a word they are lazy.  This White House reportedly sends them, and Associated Press an average of twelve emails per day, and it is much easier for pseudo reporters like Beth Fouhey to regurgitate what the White House has told them than to dig for the truth.  The latter is hard work and it may be rebuffed by their superiors who are in the bag.  Therefore the path of lease resistance is to become propandists, which is a slow death for a journalist, because at the end of the day no one with common sense believes them.</p>
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		<title>By: wbboei</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259859</link>
		<dc:creator>wbboei</dc:creator>
		<pubDate>Sat, 26 Sep 2009 17:45:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259859</guid>
		<description>Vince, I agree.  Their positions have no changed much since Peter Kahn was running the shop.</description>
		<content:encoded><![CDATA[<p>Vince, I agree.  Their positions have no changed much since Peter Kahn was running the shop.</p>
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		<title>By: creeper</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259826</link>
		<dc:creator>creeper</dc:creator>
		<pubDate>Sat, 26 Sep 2009 15:50:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259826</guid>
		<description>&quot;Prime Obot says: If Obama gets no credit when our law enforcement and security personnel catch wannabe terrorists, would that mean he wouldn’t get the blame if they miss someone and we do get attacked?&quot;

This is flawed from the get-go.  You can&#039;t even get to the question in the second part because the first phrase is misleading, if not downright invalid.  There is no &quot;credit&quot; to be had for catching the goofballs they&#039;re serving up to us as &quot;terrorists&quot; these days.  If they want credit for catching terrorists, let&#039;s start with the one who destroyed the WTC eight years ago instead of fooling around with those &quot;wannabes&quot; who couldn&#039;t light a match on a dry day.

That score remains unsettled and nobody seems to notice.</description>
		<content:encoded><![CDATA[<p>&#8220;Prime Obot says: If Obama gets no credit when our law enforcement and security personnel catch wannabe terrorists, would that mean he wouldn’t get the blame if they miss someone and we do get attacked?&#8221;</p>
<p>This is flawed from the get-go.  You can&#8217;t even get to the question in the second part because the first phrase is misleading, if not downright invalid.  There is no &#8220;credit&#8221; to be had for catching the goofballs they&#8217;re serving up to us as &#8220;terrorists&#8221; these days.  If they want credit for catching terrorists, let&#8217;s start with the one who destroyed the WTC eight years ago instead of fooling around with those &#8220;wannabes&#8221; who couldn&#8217;t light a match on a dry day.</p>
<p>That score remains unsettled and nobody seems to notice.</p>
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		<title>By: creeper</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259823</link>
		<dc:creator>creeper</dc:creator>
		<pubDate>Sat, 26 Sep 2009 15:37:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259823</guid>
		<description>Thanks, oowawa.  I was just about to go look it up.  

This is just more proof that money is what rules everything in Washington and New York.  The previous sources of money having dried up they&#039;re trying to cover up the wreckage, all the while looking for new ones and they don&#039;t want us questioning their setup.

Larry, I appreciate your call for the transparency so loudly touted by candidate Obama but I won&#039;t hold my breath till we get it.  As for being aggressive, I don&#039;t think it&#039;s possible to be too aggressive in pursuit of the truth.</description>
		<content:encoded><![CDATA[<p>Thanks, oowawa.  I was just about to go look it up.  </p>
<p>This is just more proof that money is what rules everything in Washington and New York.  The previous sources of money having dried up they&#8217;re trying to cover up the wreckage, all the while looking for new ones and they don&#8217;t want us questioning their setup.</p>
<p>Larry, I appreciate your call for the transparency so loudly touted by candidate Obama but I won&#8217;t hold my breath till we get it.  As for being aggressive, I don&#8217;t think it&#8217;s possible to be too aggressive in pursuit of the truth.</p>
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		<title>By: VinceP</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259817</link>
		<dc:creator>VinceP</dc:creator>
		<pubDate>Sat, 26 Sep 2009 15:13:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259817</guid>
		<description>Ah if only humans were perfect...

One should keep in mind that the &quot;News Division&quot; of the WSJ is as MSM-Left as any other MSM-Paper.

It&#039;s the Editorial Pages that are under a more sane leadership.


I look at it this way... Like Fox News, I read things in the WSJ that I see no where else  (and like Fox News, their editorial pages do offer both sides (I know this because I love mocking the Obama sycophant politicians who lamely try to advocate for their policy annihiliation of the country))

The WSJ is a great resource.

But they&#039;re nuts when it comes to illegal immigration and amnesty.... and so it is with this.

They&#039;re lightyears ahead their  peers though.</description>
		<content:encoded><![CDATA[<p>Ah if only humans were perfect&#8230;</p>
<p>One should keep in mind that the &#8220;News Division&#8221; of the WSJ is as MSM-Left as any other MSM-Paper.</p>
<p>It&#8217;s the Editorial Pages that are under a more sane leadership.</p>
<p>I look at it this way&#8230; Like Fox News, I read things in the WSJ that I see no where else  (and like Fox News, their editorial pages do offer both sides (I know this because I love mocking the Obama sycophant politicians who lamely try to advocate for their policy annihiliation of the country))</p>
<p>The WSJ is a great resource.</p>
<p>But they&#8217;re nuts when it comes to illegal immigration and amnesty&#8230;. and so it is with this.</p>
<p>They&#8217;re lightyears ahead their  peers though.</p>
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		<title>By: wbboei</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259815</link>
		<dc:creator>wbboei</dc:creator>
		<pubDate>Sat, 26 Sep 2009 14:14:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259815</guid>
		<description>Prime Obot says: If Obama gets no credit when our law enforcement and security personnel catch wannabe terrorists, would that mean he wouldn’t get the blame if they miss someone and we do get attacked?
——————————-
No.  That is sophistry.

Surely you realize there is a yawning gap between what Mr. Obama says, and what Mr. Obama does. This has been true with campaign finance, fisa, lobbyists, defense contractors, big pharma, Afghanistan and virtually everything else. It is rather excessive.

That being the case, it is quite reasonable to insist as I do that Mr. Obama should get credit or blame for what he does, not what he says, and especially not for what his 24-7 media machine imputes to him which has no basis in fact, and lacks balanced assessment.  
 
If you can show me that the White House directed these sting operations, and there was no entrapment,  then I will agree with Larry.  But if there is no such evidence then there is no basis to credit Obama.
  
On the question of whether he should be blamed or absolved if there is a terrorist attack upon our soil, again it will depend on the facts. 

If perchance that attack were launched by terrorists who entered the country through our porous southern border, then the following would bear on the question of whether Mr. Obama adequately protected the nation:
 
(CNSNews.com) - Even though the Border Patrol now reports that almost 1,300 miles of the U.S.-Mexico border is not under effective control, and the Department of Justice says that vast stretches of the border are “easily breached,” and the Government Accountability Office has revealed that three persons “linked to terrorism” and 530 aliens from “special interest countries” were intercepted at Border Patrol checkpoints last year, the administration is nonetheless now planning to decrease the number of Border Patrol agents deployed on the U.S.-Mexico border.

Border Patrol Director of Media Relations Lloyd Easterling confirmed this week–as I first reported in my column yesterday–that his agency is planning for a net decrease of 384 agents on the U.S.-Mexico border in fiscal 2010, which begins on October 1.

A Department of Homeland Security annual performance review updated by the Obama administration on May 7 said the Border Patrol “plans to move several hundred Agents from the Southwest Border to the Northern Border to meet the FY 2010 staffing requirements, with only a small increase in new agents for the Southwest Border in the same year.</description>
		<content:encoded><![CDATA[<p>Prime Obot says: If Obama gets no credit when our law enforcement and security personnel catch wannabe terrorists, would that mean he wouldn’t get the blame if they miss someone and we do get attacked?<br />
——————————-<br />
No.  That is sophistry.</p>
<p>Surely you realize there is a yawning gap between what Mr. Obama says, and what Mr. Obama does. This has been true with campaign finance, fisa, lobbyists, defense contractors, big pharma, Afghanistan and virtually everything else. It is rather excessive.</p>
<p>That being the case, it is quite reasonable to insist as I do that Mr. Obama should get credit or blame for what he does, not what he says, and especially not for what his 24-7 media machine imputes to him which has no basis in fact, and lacks balanced assessment.  </p>
<p>If you can show me that the White House directed these sting operations, and there was no entrapment,  then I will agree with Larry.  But if there is no such evidence then there is no basis to credit Obama.</p>
<p>On the question of whether he should be blamed or absolved if there is a terrorist attack upon our soil, again it will depend on the facts. </p>
<p>If perchance that attack were launched by terrorists who entered the country through our porous southern border, then the following would bear on the question of whether Mr. Obama adequately protected the nation:</p>
<p>(CNSNews.com) &#8211; Even though the Border Patrol now reports that almost 1,300 miles of the U.S.-Mexico border is not under effective control, and the Department of Justice says that vast stretches of the border are “easily breached,” and the Government Accountability Office has revealed that three persons “linked to terrorism” and 530 aliens from “special interest countries” were intercepted at Border Patrol checkpoints last year, the administration is nonetheless now planning to decrease the number of Border Patrol agents deployed on the U.S.-Mexico border.</p>
<p>Border Patrol Director of Media Relations Lloyd Easterling confirmed this week–as I first reported in my column yesterday–that his agency is planning for a net decrease of 384 agents on the U.S.-Mexico border in fiscal 2010, which begins on October 1.</p>
<p>A Department of Homeland Security annual performance review updated by the Obama administration on May 7 said the Border Patrol “plans to move several hundred Agents from the Southwest Border to the Northern Border to meet the FY 2010 staffing requirements, with only a small increase in new agents for the Southwest Border in the same year.</p>
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		<title>By: oowawa</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259813</link>
		<dc:creator>oowawa</dc:creator>
		<pubDate>Sat, 26 Sep 2009 13:52:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259813</guid>
		<description>Larry, thanks for opening up a topic of discussion about which I was totally ignorant.  I had to look to get an inkling of what you were talking about:

FINRA=Financial Industry Regulatory Authority

http://en.wikipedia.org/wiki/FINRA

ARS=Auction Rate Security

http://en.wikipedia.org/wiki/Auction_rate_securities

It&#039;s an inscrutable financial jungle out there!</description>
		<content:encoded><![CDATA[<p>Larry, thanks for opening up a topic of discussion about which I was totally ignorant.  I had to look to get an inkling of what you were talking about:</p>
<p>FINRA=Financial Industry Regulatory Authority</p>
<p><a href="http://en.wikipedia.org/wiki/FINRA" rel="nofollow">http://en.wikipedia.org/wiki/FINRA</a></p>
<p>ARS=Auction Rate Security</p>
<p><a href="http://en.wikipedia.org/wiki/Auction_rate_securities" rel="nofollow">http://en.wikipedia.org/wiki/Auction_rate_securities</a></p>
<p>It&#8217;s an inscrutable financial jungle out there!</p>
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		<title>By: wbboei</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259812</link>
		<dc:creator>wbboei</dc:creator>
		<pubDate>Sat, 26 Sep 2009 13:49:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259812</guid>
		<description>Great article Larry.  Just like your prior one on Volker, the forgotten voice of this benighted administration.</description>
		<content:encoded><![CDATA[<p>Great article Larry.  Just like your prior one on Volker, the forgotten voice of this benighted administration.</p>
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		<title>By: ohr</title>
		<link>http://www.noquarterusa.net/blog/33552/wall-street-journal-goes-in-the-tank-for-finra/#comment-1259802</link>
		<dc:creator>ohr</dc:creator>
		<pubDate>Sat, 26 Sep 2009 12:53:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=33552#comment-1259802</guid>
		<description>I fully appreciate that your writing and questions here are aggressive, but at this point in our country’s history the American public deserves nothing less than full and total transparency from its financial regulators. Regrettably, both FINRA and the WSJ fall woefully short in providing it.</description>
		<content:encoded><![CDATA[<p>I fully appreciate that your writing and questions here are aggressive, but at this point in our country’s history the American public deserves nothing less than full and total transparency from its financial regulators. Regrettably, both FINRA and the WSJ fall woefully short in providing it.</p>
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