In more absurd blindstream media news, the huge criminal “Honorable” Jon Corzine and his yes-men lawyers, along with the fraudulent financial institutions, JP Morgan Chase and Goldman Sachs are attempting to dismiss lawsuits filed by retirement funds and investors against them, claiming that claims against them make “no sense” and therefore, the cases should be thrown out of court.
The Plaintiffs, led by Virginia’s retirement system and the province of Alberta, Canada are claiming that Corzine and the banks misrepresented the risks, “. . . . inflating its ability to manage risk, obscuring risks from a big bet on European sovereign debt and improperly accounting for deferred tax assets.”
Of course, the lawyers for the man that mysteriously misplaced billions of dollars of customer funds and said so in front of the bought US Congress merely “ . . . mismanaged the company, was too optimistic, or failed to predict a liquidity squeeze prompted in part by credit rating downgrades” according to his paid mouthpiece attorneys. If that’s just mismanagement and results in a civil case and no criminal charges, then I guess that means people should begin wearing pants on their head, because that’s about how much sense this legal dog and pony show makes.
Meanwhile, the attempt to turn the US into the eurozone is apparently continuing, as Swiss banks are beginning to shut out Americans from its banking system, since the IRS needs your money to fund uh, whatever it funds, such as supplying guns to Mexican drug cartels sponsored by our ATF and non bankster prosecuting Justice Department, the cracking down of small family farms to protect us from non GMO food, pushing the agenda of big pharmaceuticals, installing worthless radiation machines at our airports, funding our genital groping TSA to protect us from Al Qaeda, the agency the CIA created and funded, provide billions in corporate welfare to companies who pay decreasing shares of taxes to the government and to pay for endless non stop wars and other very useful government programs that are necessary to further democracy and freedom all over the globe.
New IRS measures will eventually require that foreign banks report and identify their US clients and provide information on their accounts to tax authorities, with the penalty of failing to report JUST ONE CLIENT resulting in a possible penalty of 30 percent of a bank’s US income. Thus, Swiss banks are clamping down, kicking their US clients out, and having Americans renounce their US citizenship. However, the long arm of the kleptocrat is long, as apparently an exit tax may be required to be free of tax obligations.
There you have it, destroy wealth and have criminals like Corzine mismanage your money, isn’t America grand? The land of opportunity for banksters, stooge politicians, spineless regulators and prosecutors. Remember who gives these people their power, despite all their arrogance and disregard for the system they believe they own. We don’t have to be subject to such ridiculous behavior and outright criminality if we say enough is enough. This doesn’t mean shooting someone or causing them harm, it means not giving power to a bunch of wanna be feudal lords who are nothing but crooks in suits.
