They Got Away With It AGAIN!

“Fight Against Stupidity And Bureaucracy”

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banks admit forex manipulation

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Last week several of the ‘BIG’ banks – you remember, the ones that are too big to let go bust – were fined in the region of $5.7 billion for illegal manipulation of the currency markets.

The usual suspects were included, J P Morgan, Citibank, Barclays  and RBS all pleading guilty – but only after they were sure what the medicine they would be getting would be.

It’s a huge amount of money, there’s no denying that. And losing it will make the banksters hurt a bit. But only a bit.

And that’s the problem.

Yet again the United States government has failed to bring these criminals to justice after more of their deliberate fraud and theft.

In other words, they let them get away with it AGAIN!

Major Banks

Now, if I walk into a branch of, for example, Citibank and try to steal the money that their customers have deposited with them for safe-keeping, I would be videoed, photographed, and if I was lucky enough to get out of the premises, pursued by the police and even the FBI for as long as it took to capture me.

And I couldn’t have any complaints because that’s the way it should be. Thieves should be sought out, captured and after due process thrown into jail.

However, if I am a bankster, have good government contacts, and ply money and favors to those in government, then I am treated very differently.

big banks get out of jail free

I can embark on insider trading (which is essentially what the banksters were doing when they were illegally manipulating the currency markets), I can sell loans to people that clearly can’t afford them, then take their houses away or sell on their debt wrapped up in a ‘AAA’ bundle to my richer customers, and after all that steal even more of the money my customers have entrusted to me by awarding myself and my collaborators big bonuses that none of us have earned or are entitled to.

In this scenario am I pursued by the police and FBI?

Nope.

Am I thrown in jail to be the bitch of Skull-cracker Jones or Scarface Smith?

Nope.

Will I have to personally pay back the money I stole?

Nope, again.

So what will happen to me if I am a bankster?

At worst I will get a slap on the wrist and told not to do it again. Even though recent history has proved that this is no deterrent and I will do it again at the first opportunity I get.

And, of course, I don’t have to personally pay the government’s fine no matter how big it may be. Instead my company has to cough up on my behalf.

Not that the company is much bothered either because when it runs out of money it goes back to the government which hands it back at least the value of the fine and usually much, much more.

Think this system is fair?

Neither do I.

jail the banksters

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Would You Take The Bubble Baba Challenge?

“Fight Against Stupidity And Bureaucracy”

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We’ll find out later whether or not you would take the Bubble Baba Challenge.

In the meantime have a look at this week’s selection of facts.

Enjoy.

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facts 02

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Harry Potter shares the same birth day

as his creator J K Rowling,

his is July 31, 1980 and

Rowling’s July 31, 1966.

Harry Potter

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A Yew tree located in the churchyard of

the village of Fortingall in Perthshire, Scotland,

is estimated to be 3,000 – 5,000 years old

which many believe makes it Europe´s oldest tree.

With its massive trunk of 52 feet (16 meters) in diameter,

the yew is still in good health and may last for many more centuries.

Yew tree located in the churchyard of the village of Fortingall in Perthshire, Scotland

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Thames Town is a little town situated in the heart of China

that is an imitation of a classic British city

with traditional English architecture, cuisine,

and even those classic red phone booths

we all identify with London.

Thames Town, China

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Still in China, “The Great Wall of China”

did not get that official name

until the end of the 19th Century.

Previously it had been known by names

such as “barrier”, “rampart”, “fortress”,  

“Purple Frontier” or “Earth Dragon”.

The Great Wall of China 5

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The United States has had some remarkable successes

in the field of space flight and exploration.

However it wasn’t always that way.

The very first time they tried to launch a satellite into orbit,

on December 6, 1957 (Vanguard TV3),

the rocket lost thrust only 4 feet (1.2 m) above the launch pad

and fell back to the ground, its fuel tanks

rupturing and creating a massive fireball,

damaging the launch pad and destroying the rocket.

Due to limited data measurement methods in these early days,

though, the cause was never fully determined.

Vanguard TV3 failed launch

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If you like Vodka then look out for a bottle of

“The Billionare Vodka“,

the world´s most expensive vodka.

It is first ice-filtered, then filtered through

Nordic birch charcoal and lastly passed

through sand made from crushed diamonds and gems.

It is sold in a platinum and rhodium encased,

diamond encrusted crystal bottle and

will set you back only $3.75 million dollars.

Cheers!

The Billionare Vodka

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No more time in the joint for smoking a joint,

at least not in the U.S. state of Washington,

the first state to officially legalize cannabis

in a state law in December 2012,

with the state of Colorado following close behind.

DC-US-Statue-Liberty-Smoking-Joint

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Ant queens can live for up to 30 years,

about 100 times longer than solitary insects of a similar size.

Workers live from 1 to 3 years.

Ant queen

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Eight US Presidents were born British subjects:

Washington, J. Adams, Jefferson, Madison,

Monroe, J. Q. Adams, Jackson, and W. Harrison.

Washington, J. Adams, Jefferson, Madison, Monroe, J. Q. Adams

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Jim the horse, a former milk wagon horse,

was responsible for curing diphtheria.

He was infected with diphtheria

but unlike other animals he didn’t die.

Doctors found that Jim’s immune system

was able to create antibodies to fight the disease

and this allowed doctors to make a serum for humans,

with great success, helping to save the lives

of millions of humans and animals around the world.

Jim the horse

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Al ‘Wallpaper’ Wolff is best remembered

as having been the last surviving member

of the group of eleven federal law-enforcement agents,

led by Eliot Ness, known as the Untouchables.

Wolff was the fearless agent and a ferocious

persecutor of those who obtained illegal alcohol.

Strangely, once he retired from law enforcement

and alcohol was legal he got involved in

the cocktail lounge business in Chicago.

He died in March 1998 at the age of 95.

Al 'Wallpaper' Wolff

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In 1827, world famous author Edgar Allan Poe

enlisted in the United States Army

using the false name “Edgar A. Perry”.

He claimed to be 22 years old

even though he was just 18.

Edgar Allan Poe young

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James Dean’s silver Porsche 550 Spyder,

the car he died in following an accident in 1955,

was known as the “Little Bastard”

and said to be cursed.

After it was sold for parts,

the car fell and crushed a mechanic’s legs;

later, a doctor who bought the car’s engine

was killed in a car accident;

another victim who bought the transmission

was severely injured in a crash;

the tires sold from Little Bastard

blew out simultaneously,

sending their buyer to the hospital;

and lastly a truck carrying the car’s shell crashed,

killing the driver.

Hmmmm….

James Dean’s silver Porsche 550 Spyder

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The Bird´s Nest Restaurant, located in

the Soneva Kiri Eco Resort in Thailand,

gives the customers privacy,

as well as the unique opportunity to

admire spectacular views while dining.

Tree nests hang 16 feet above the ground

and are served by waiters who use a zip line

to deliver the food and drinks.

A typical dinner for two costs about $450.

Birds-Nest-Restaurant-01

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Finally, time for those of a nervous disposition to look away.

Officially known as the “Bubble Baba Challenge”,

this is an unusual (to say the least) sporting event

where participants float down a river

embracing a rubber woman.

The idea was apparently dreamt up

by a Russian, Dmitry Bulawinov,

initially as a joke at a party

where the men got drunk! 

(It could have been worse!)

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Chain Stores, Axes And Earthquakes Are Just Some Of Today’s Facts.

“Fight Against Stupidity And Bureaucracy”

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Yes, chain stores, axes and earthquakes are just some of today’s random selection of fabulous facts here at the fasab blog.

Hope find a few things new and interesting.

Enjoy.

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did you know5

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NASA’s New Horizons mission will

be the first probe to study Pluto.

It was launched on January 2006,

and will be near Pluto on July 2015.

New Horizons mission

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The world’s largest Axe is located

in Nackawic, New Brunswick, Canada.

It stands 15 metres (49 ft) tall,

weighs over 55 tons and the

axe-head is 7 metres (23 ft) wide and

has a time capsule embedded within it.

It sits on a concrete stump 10 metres (33 ft) in diameter.

The axe was commissioned, designed and

built in 1991 by a company in Woodstock and it

symbolizes the importance of the forest industry in the region.

world's largest Axe Nackawic, New Brunswick, Canada

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There is a small town in Estonia (actual name ‘Tartu’)

that has been nicknamed of ‘Souptown’ because most

of its streets are named after various vegetables,

such as Kartuli (Potato), Herne (Pea), Oa (Bean),

Marja (Berry) and Meloni (Melon).

Souptown Estonia

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The town of ‘Superior’ in Wisconsin in the USA

is also known as ‘Soup Town’

but this is simply because the name was shortened

to ‘Soup’ and then ‘Town’ added later.

Superior Wisconsin

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The first recorded chain store was British-owned W H Smith,

founded in London in 1792 by Henry Walton Smith and his wife.

The store sells books, stationery, magazines, newspapers,

and entertainment products.

W H Smiths

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In the U.S., chain stores began with the founding of

The Great Atlantic & Pacific Tea Company (A&P) in 1859.

By the early 1920s, the U.S. boasted three national chains:

A&P, Woolworth’s, and United Cigar Stores.

The Great Atlantic & Pacific Tea Company

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Ants are known to be able to lift and carry

about 50 times their own bodyweight,

but a recent scientific research study by

Ohio State University suggests it can be up

to an incredible 5000 times their bodyweight.

cartoon ant carrying heavy load

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It was during the stupid ‘Prohibition’ period

in the Unites States (1920-1933),

when there was a nationwide Constitutional ban

on the sale, production, importation, and

transportation of alcoholic beverages,

that  ‘cocktails’ gained popularity.

They were offered to mask the flavor of poorly made

alcohol and popular versions included

‘Mary Pickford’, ‘French 75’, ‘Barbary Coast’,

‘Bee’s Knees’, and the ‘Sidecar’.

cocktails

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And, by the way,

it is still illegal in Ohio to get a fish drunk.

drunk-fish

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Barack Obama is the USA’s 44th President,

but there actually have only been 43 presidents:

Grover Cleveland was elected for two non-consecutive terms

and is counted twice, as the 22nd and 24th President.

President Grover Cleveland 22nd and 24th POTUS

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Although the Great Wall of China has

existed for more than two thousand years,

most of the rest of the world didn’t know

about it until after the first European,

a Portuguese explorer named Bento de Gois,

discovered it in 1605.

Great Wall of China

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Not quite as old as the Great Wall of China,

but nonetheless impressive, was Brazilian woman

Maria do Carmo Jeronimo who for a while

was the oldest living person on earth.

She was the last Brazilian slave,

and one of very few people in history who

managed to live during three different centuries;

she was born in Brazil in 1871 and

she died on June 14, 2000,

at the incredible age of 129 years and 102 days.

Unfortunately lack of a birth certificate,

which were not often issued in those days especially for slaves,

prevented her official recognition as the world’s oldest woman.

Maria do Carmo Jeronimo

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If you ever wondered what it would be like

trying to eat your dinner during an earthquake

then you should book a table at

Disaster Café, in Lloret de Mar, Spain.

At the “disastrous” dinners customers experience

an artificial 7.8 magnitude earthquake

so don’t wear your best gear as there are likely

to be spilled food and drinks during the meal.

Disaster-Cafe

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When James Wan agreed to direct the horror movie ‘Saw’

he also agreed not to receive an “up front” salary

but instead opted for a generous percentage

of the movie’s box office earnings.

‘Saw’ made over $100 million globally and it is

considered one of the most profitable horror movies of all time.

Wan’s risk also enabled him to become one of the youngest

and highest-earning directors in movie history.

James_Wan

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The world’s shortest commercial flight takes place

between the two Orkney Islands, Westray and

Papa Westray, north of Scotland.

Operated by Loganair,

the flight covers a distance of only 1.7 miles (2.7 km)

and if the weather conditions are favorable,

it can be completed in just 47 seconds.

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A Grave Situation

“Fight Against Stupidity And Bureaucracy”

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“You should always go to everyone’s funeral,

otherwise they won’t come to yours.”

Yogi Berra

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When I sat down at my laptop this morning I was going to do another selection of obituaries, many of which I find very amusing whether that was the originators’ intention or not.

But then one thought led to another and I remembered little Jimmy, so now this post is about him.

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Little Jimmy lived in the town where I was born. He was small, about five feet tall or possibly 5 foot 1, no more than that. He wasn’t what you would call stupid, but he was definitely a bit odd – a few cents short of a dollar you might say. Clinically I think he probably had a mild case of autism. He was our own little Rain Man, you could say.

When I was a kid Jimmy would have been in his late 50s, but he acted more like a kid than a grown up. And as I grew up Jimmy didn’t. When he was in his 70s he was just the same and acted just the same. He always wore a big pair of leather army boots and a Crombie type overcoat, even in the summer. Both were slightly too big for him. I think someone had probably given them to him.

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To earn himself some cash little Jimmy would do odd jobs and errands for people around the town. He was honest and reliable. And people were generally good enough to him, letting him do things they could easily have done themselves. Sometimes they would get a bit of harmless entertainment out of it too.

I remember one occasion a friend of my Dad’s had a bicycle with a puncture. Rather than wheeling it all the way to the bicycle store, or fixing the puncture himself, he called little Jimmy over.

“Jimmy, I need you to take my bicycle to Joe,” he instructed, Joe being the bike shop owner. ”And tell him,” he went on, “that the puncture is either on the back tire or the handlebars.”

He also handed him a couple of dollars and away little Jimmy went with the bike.

Sure enough we found out later from Joe that little Jimmy had arrived with the bike and duly announced to the shop and its customers that, “You’re to fix Billy Simpson’s bike and he doesn’t know if the puncture is on the back tire or the handlebars.”     

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But apart from his odd jobs, little Jimmy had three real passions in his life, delivering newspapers, collecting lost golf balls and attending funerals.

My Dad used to say that Jimmy was the oldest paperboy in the world and we should write to the Guinness Book of World Records. Of course we never did, but we enjoyed the joke all the same. And we enjoyed watching him collect his newspapers.

The scene never changed.

When the newspaper delivery van arrived at the newsagents the guy would open the back doors of the van and lift a bundle of papers to take into the shop. That was the cue for little Jimmy to make his way into the shop in front of him.

“Let the man through, let the man through,” he would shout with great urgency, at the same time pushing his way to the shop counter and scattering all the real kid newspaper boys out of the way as he did so.

It was chaos. But, as if by magic, this always got little Jimmy to the counter first and meant that he got the first lot of newspapers all to himself. Like I said, you couldn’t really call him stupid, just a little bit odd!

However, these semi-violent outbursts aside, when he wasn’t collecting his papers Jimmy was a gentle soul and everybody liked him. He was a fixture of the town, a real character, the type of people that don’t seem to be around any more, mores’ the pity.

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He made some extra money for himself with his second passion, collecting used golf balls. In fact he had quite a successful business going. As soon as it was daybreak little Jimmy was on the golf course and searching in the rough and long grass for lost balls. Luckily for him the local golfers mustn’t have been much good, except at slicing, because there seemed to always be an endless supply of wayward balls.

Little Jimmy collected thousands of them, cleaned them up and then sold them back to the golfers, all of whom knew Jimmy and were happy to pay him. His price was substantially below new cost so everybody got a good deal.

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However, little Jimmy must have taken Yogi Berra’s advice literally (see opening quote of this post) because his main passion became attending funerals. He went to every funeral in the town, whether he knew the person or not.

Not only that, but he kept a journal and logged the date, the time, possibly the number of people attending and so forth. It was one of those overly excessive obsessive qualities that makes me think now that he was probably autistic.  

For bigger funerals, and although he couldn’t drive and never had a car, he also took it upon himself to direct traffic into and out of the cemetery. And he could be quite cross and demanding with the drivers as he was doing it.   

It was thinking about the obituaries and funerals and such that led me to write this post because it was at the funeral of one of the town’s ‘big-wigs’ that my best and everlasting memory of little Jimmy occurred.

A lot of people had gathered up for this particular funeral. The guy had been a prominent businessman in the town for many years. Everyone knew him and respected him and therefore naturally wanted to pay their final respects by attending his funeral. There were probably also one or two who were there just to be seen to be there. No matter, it was a big turnout.

Eventually the mourners, including me and my Dad, made our way to the cemetery and sure enough little Jimmy was there, directing and organizing the cars. And there were a lot of them, not only because of the number of people but because it was a wet autumn morning.

Everything was wet including the ground around the graveside. Muddy and very slippery too. Luckily we hadn’t far to go, the open grave was just at the edge of the car park.

Little Jimmy was still directing the traffic. The more cars the more frustrated he seemed to become, anxious for the whole thing to start so that he could make the relevant entries in his journal.

“Come on, come on,” we could all hear him shouting impatiently at the drivers, as he waved them left and right and forwards into the few remaining parking spaces.

And then it happened.

As almost the last parking space was being filled, and little Jimmy was hurrying things along as best he could, he was walking backwards signing with his hands at a car in front of him to guide it. His concentration was focused solely on the car in front of him. He had no idea what was behind him and what was behind him was the curb at the edge of the car park. Just beyond that was about two feet of wet muddy grass that marked one end of the open grave around which we were all gathering for the interment.

No, little Jimmy didn’t see the curb behind him. Nor did he realize what it was when he tried to take another step backwards but found he couldn’t.

I watched the whole thing take place, knowing what was going to happen yet thinking somehow that really it wouldn’t. But it did.

Little Jimmy’s momentum backwards knocked him off balance, his feet left him and he sat down rather fast and very hard on to the muddy patch of grass.

If he had left it at that he would have been okay I think, but of course he didn’t. Shocked by what had just happened and trying to get up again as quickly as he could – the way we all try to do as if nothing has happened – he put his hands out behind him to push himself up on to his feet again.

The trouble was there was nothing for his hands to lean against, just the space of the open grave.

I never will forget the look of complete bewilderment on his face as his hands disappeared from view and then, pivoting on his backside, his head and shoulders disappeared too. In part of the same not so graceful movement his legs shot up into the air momentarily and then quickly slid down out of sight into the open grave to join the rest of him. The last that was seen were the big army boots which somehow added to the comedy.  

It was truly one of the funniest things I had ever seen in my life and despite the solemn occasion I found it impossible to hold back the laughter. Thankfully several others were similarly afflicted which helped to take the bad look off me.   

Jimmy was so short that he had no chance of ever getting out of the grave on his own. It would have been near impossible even for a much taller person because of the conditions. And so the fiasco continued.

Concerned citizens realizing what had just happened went to assist little Jimmy. A few of them almost meeting the same fate as their dress shoes were no match for the mud and they slithered dangerously close to the chasm in front of them. There were a few flailing arms and funny dance steps and ‘Ali Shuffles’ as they tried to retain their balance, all of which didn’t help me regain my composure.

Eventually little Jimmy was hauled out of the open grave, a bit wet and dirty  – like a drowned rat, my Dad said later – but apart from a bruised ego, not much the worse for wear.

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The whole debacle didn’t put him off. The next funeral little Jimmy was back with his book making notes. He didn’t have the same enthusiasm for traffic duty though.

Not too many years after that little Jimmy attended his last funeral – his own. No body bothered to log it into a journal, but for an ordinary little guy a surprising number of people made the effort to be there. And some of them, like me, had smiles on their faces. 

Maybe Yogi Berra was on to something after all!

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yogi berra

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