Just this week: $200 MILLION FRAUD!Peregrin Financial in the hotbed of Financial Capital of..... Cedar Falls, Iowa. WHERE??????Cedar Falls Iowa???? What the heck?? Are you kidding? Are you serious? LOL.......THE FEDS ARE TOTALLY INCOMPETENT!!!!!!!!!!!!!!!!!!!!!!!!!!!!This guy for $200 million.And...MF Global a year ago....John Crozine......ONE OF WALLSTREET'S OWN......$1.6 BILLION....And......Bernie Madoff......ONE OF WALL STREET'S OWN...... $60 BILLION a few years ago...And.....just recently, the JP Morgan TRADING LOSS of $2 BILLION......no, $4 BILLION.....no, now, $6 BILLION...Dear Lord....5 weeks later and they SITLL DON'T KNOW HOW MUCH IS WAS???????? What the heck!!And.....just recently, the LIBOR Interest rate "fixing" scandal in Europe.....AND SO ON AND SO ON......The French had it right in the LAST BIG Banking scandal in the 1700's (?) ...... they cut off the heads of all the bankers.HEY>....we can't even send ONE them to JAIL (the bankers who screwed the world....not the ponzi-schemers)HEY....remember the quote POWER CORRUPTS....AND ABSOLUTE POWER CORRUPTS ABSOLUTELY.
People, being People....... in a fallen world.......things are a MESS, YES?TICK TOCK......YFIC,RAndyPS>....here is the whole quote:Absolute monarchies are those in which all power is given to or, as is more often the case, taken by, the monarch. Examples of absolute power corrupting are Roman emperors (who declared themselves gods) and Napoleon Bonaparte (who declared himself an emperor)."Absolute power corrupts absolutely" arose as part of a quotation by the expansively named and impressively hirsute John Emerich Edward Dalberg Acton, first Baron Acton (1834–1902). The historian and moralist, who was otherwise known simply as Lord Acton, expressed this opinion in a letter to Bishop Mandell Creighton in 1887:"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men."WOW......does THIS describe the power the bankers have in the world today??????? YOU BETCHA!!!!