Thursday, October 13, 2016

Enron and Worldcom Frauds = I believe three execs went to jail, while thousands lost their jobs, homes, life savings.
Mortgage banking Fraud = crashed the world economy, cost people their homes, jobs, savings. One guy, left holding the bag, went to jail.
Fortune 500 companies = either inverted, or banking off shore to avoid their share of taxes. Govt goes nothing, burden added to few members of lower and middle classes that still have jobs.
Wall St. stocks have never been higher = not reflective of real world. Slithery's fans want her in to keep the ride going.
Wells Fargo Bank, as CORPORATE POLICY, creates millions of false accounts using their own customers. CEO stammers before Congress, finally resigned yesterday, forfeited $42m in stock. While he has no golden parachute, he also has NO LEGAL CHARGES pending, and "at $134 million, the 63-year-old's retirement fund will pull in $3.6 million a year if he bases his planning on living to age 100 before investment income or inflation are taken into account."
"Besides whatever retirement benefits he has accumulated over the years at the helm of Wynn Resorts, founding CEO Stephen Wynn would get a payout of $358.1 million if his board terminates him without cause or a change of control, such as in a merger, according to filing checked in August.
David Simon of real-estate firm Simon Property Group stands to walk with $302.4 million and Leslie Moonves of CBS would get $225.3 million.
Some cash in. When Viacom gave the boot to CEO Philippe Dauman, he stood to make $84 million on the way out, according to executive pay tracking firm Equilar.
If Yahoo succeeds in selling its core assets to Verizon, Yahoo CEO Marissa Mayer stands to get about $50 million as part of her package."
Justice Dept allegedly investigates Slithery for any illegal activities in regards to handling of classified materials, finds she lied, BRINGS NO CHARGES.
Congress robs Social Security fund, involuntaryily contributed to and built by, American workers. No relief in sight.
Presidents overextend Executive Order powers, thus circumventing Congress and the whole point of having three balancing branches of govt.
Monopoly laws are ignored.
De-regulation has left us with one govt-run passenger railroad without competition, and four U.S. airlines carrying 80% of all air traffic, thus controlling what they have to give as customer service.
And THIS, then, is what the coming election is all about. Do we as American voters and citizens, continue to allow the status quo to continue, to allow our system of govt to be trampled over by the rich and haughty, who were RAISED to believe the rules don't apply to them? Or do we put into the WH a guy, who for all his flaws, remains an unknown quantity who says he will turn things around?
Granted, there's no great choice between the two. But, based upon the behavior of Big Business, Big Oil, Big Pharmaceutical, Big Banking, Wall St., and the failure of any part of our govt to reign any of them in, for at least 40 years, I think the choice is clear.

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