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The Cultural Problem of Cheating & Lying

Widespread dishonesty in the U.S. — exemplified by Trump but coming long before him and going far beyond — threatens key pillars of society, writes Lawrence Davidson.

[consortiumnews.com]

{It is also interesting that this downturn in confidence in U.S. leadership coincides with the upturn of a culture war still being waged today. In the 1960s, it was the alienating and starkly immoral nature of the Vietnam War that gave impetus to a youth counterculture movement.}

And 60 years later we remain engaged in voting for more of the same while this psycho shit drastically grows unchallenged.

William_Mary 8 Mar 8
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Does Wall Street knowingly invest in fraud? Why invest in fracking when the odds of it ending in terribly high paid CEO's and company bankcrupcy? Did it fully understand sub prime mortgages? Why are banksters never sent to jail? Is fraud in fact the recognised way of doing business? Why do investors put up with their losses?

Yes , taxes and bailouts, yes, because our governments are compliant and owned by the ruling class, yes. It goes so much deeper. Money laundering of and for drug cartels. Which if you took out the 100's of billions in that alone it would be drastically harder for the market systems around the world to continue their pyramid system. Organized crime and sex rings as Whitney Webb exposed from The Mint Press News on her Jeffery Epstein, a 4 part series if I remember right. Each providing essential aspects of money laundering through the system.

We are currently under the grasp of a communist style ruled system in which our politicians work for the corporate entities controlling our societies in under the "westernized brand". Along with the information falsely being fed to us. We have been Incorporated. We are mindless slaves! Our reality is an illusion.

@William_Mary Fine there is a lot of opinion in all that. But the important question I guess I'm asking is why knowingly investments are made in what very likely will end in bankcrupcy? The only one gaining is the overpaid CEO who effectively is committing fraud.

@rogerbenham well the 2008 crash tells us there are over 2 trillion $ in reasons. As you noted, no one went to jail over it. These people from banks, loan companies, and market handlers who purposely created a scheme they knew would eventually fail and be bailed out walked away with over 2 trillion of tax payer money when it was all said and done. Then moved a vast amount of that money off shores to avoid taxes in other illegal schemes. The Panama Papers are still to this day exposing some of the players in that.

Today, under Trumps tax laws, those people were able to bring back that money from their off shore accounts at a much lower tax rate and buy back their stocks to once again begin manipulating the market again. In which we have been covering here as they build up another bubble. When the companies fall, as in 2008, they'll bundle them up again in buying the worthless pieces of shit they created and start the cycle all over again.

After 2008 Obama made one of the benefactors his economic adviser. His bank walked off with 38 billion in the first round of the initial 780 billion of tax payer bailout money. When it was all said and done via back door agreements it was estimated some 2 trillion was printed up and handed out to these criminals. What little legal actions were done ended in fines to a relatively few amounting in mere millions compared to the billions they all walk away with. That's quite a profitable business to keep repeating, no?

Currently Wells Fargo is under investigation, for the second time no less, for creating fake accounts using their customers identities to fraudulently make money. Our government did relatively nothing to them the first time, so they did it again. And from the reports I'm seeing nothing is going to be done again. Good business for Wells Fargo, no?

@William_Mary So the losers are those who the banks advise to invest. That would only work for a time. I had stocks as a young man until I realised my stockbrokers liked me buying high and selling low. I went into bonds for a time but completely pulled out of the market in September 1987. I theory I saved myself $25,000 in losses then but had I held on until now .... I really don't care. Wanting wealth is not a path to happiness.

@rogerbenham your stock broker makes a commission on the stocks he or she persuades you to buy. They don't actually have your best interest in mind when they offer you a stock to put your money in. They're going to attempt to sell you what makes them the most, first. Whether that means you're more at risk of loosing money or not. Unless you're someone that actually understands the stock market, which a vast majority do NOT, and can work it to your best benefit, you're essentially betting at the casino from the office of a financial adviser or stock broker, possibly over your phone, while your bookie gives you manipulated numbers. They can offer you a sure way to make a little over time, which isn't going to benefit them much, or they can offer you something the market will reward them better over while you take a high risk of loosing. Older retirees have been making the news the past couple of years having been caught up in these scams.

This is a large part of the reason pensions have gone the way of extinction. It's cheaper for companies to draw their employees into 401K's where they (employees) lose their money with each recession over the company's continence in paying out pension funds. Especially with the predatory nature of putting companies out of business now. It doesn't look good when a predatory company purposely ends a decades long successful company business via manipulated means and rips the employees pensions from them. It exposes the fraudulent nature of the destruction of a company as they move overseas rather than injecting money to help it survive. While only the CEO's and stock holders walk off with all the money while in bankruptcy.

@William_Mary Good thing is disease or global warming wipes us all out.

I would think insider trading is rampant on Wall Street, corporate America, and politics. They just keep it hush hush. Laws and rules for everyday people, not for them.

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