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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There Comes A Time When Zero Tolerance Is The Only Option

“Fight Against Stupidity And Bureaucracy”

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Time for another rant, now known as the Sunday Sermon.

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For many years there has been an influx of Muslims into Western countries like, for example, America and Britain. And for years these people arrived and set to work to provide a better life for their families, which was reason they chose our countries in the first place.

Sometimes we treated them with respect. At other times their treatment was not so welcoming. But the vast majority accepted things as they were and worked hard, with the result that they did make a better life for themselves.

However, now all of a sudden, because of the rants of a few demented and evil clerics who have corrupted the words of Allah and the meaning of the Koran, some Muslims are now offended by everything, including the very presence of the citizens of the countries they have chosen to come and live among.

How absurd is that?

Worse, however, is that we are supposed to pander to this nonsense and tippy toe around them afraid to do or say anything in case it will be distorted and manufactured into something offensive.

And if we don’t?

Well then they will cut our head’s off in the middle of a street and stand bragging about it afterwards.

That is exactly what happened in London this week when Drummer Lee Rigby, a British soldier, was first knocked down by a car driven by two blood-thirsty killers and then decapitated as he lay helpless on the street.  

murdered soldier Drummer Lee Rigby
murdered soldier Drummer Lee Rigby

On any scale of things that are offensive, it just doesn’t get any more offensive than that.

Yet we are supposed to tolerate the intolerable and excuse the inexcusable!

Let’s get real folks.

Some things are unacceptable in western society. And if you choose to live in western society then you live by our rules, not yours.

When I visit a Muslim country where, for example, drinking alcohol is forbidden, I don’t put on the pretense of being offended, I don’t whine about my rights being denied, in fact I don’t complain at all. I am in their country, those are their rules, and while I am there I am happy to respect them and abide by them.

Why is there no reciprocal respect any more?

And even more to the point, why is that reciprocal respect not demanded?

We have allowed our politicians to cloud the issue by blundering about in foreign lands. They say they are doing it to fight terrorism and protect us, but in reality it has much more to do with securing commodities and distracting us from much more serious economic problems they have created at home.

Politicians manipulate their people by creating ‘bogey men’ and fomenting fear where none should really exist. They do it, not for the benefit of their constituents, but for their own self promotion and their attempt to cling on to power. It happens in every country, east or west, north or south, and it has been happening for centuries.

And what is happening to elements of the Muslim population today is no different. In their case the manipulation is made slightly easier because the evil clerics are able to deceive their largely uneducated and ignorant followers with the promise of seventy virgins and a place in heaven if they either kill themselves or other innocent people – preferably both at the same time. Strange, if the reward is so great, that you never see the clerics themselves pushing to the front of the queue to participate!  

There is a horrible trend nowadays that standards must be allowed to come down to the lowest level. Exams in schools and degrees at universities have to be made easier and easier to pass, lest some be deemed not to have qualified. Everyone has to be treated as a potential terrorist at airports in case selective targeting of possible suspects be labeled as racial or ethnic profiling. And every effort has to be made try to understand and excuse the criminals in our society who prey on the law-abiding.

We have completely lost our way. And the only solution is to take a stand on these important issues. Try to be nice, and understanding, and liked by everyone and you doom yourself and your society. There comes a time when the proverbial line has to be drawn in the sand. And there comes a time when zero tolerance is the only option.

That time is now!

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