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View Diary: Pres Obama Signs Bill Killing Anti-Corruption, Pro-Transparency STOCK Act Provisions (284 comments)

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  •  Have you read history? (0+ / 0-)

    Are you older than 5 years old?

    If the answer to either of those is "yes", then you know that's bull.

    I am not religious, and did NOT say I enjoyed sects.

    by trumpeter on Tue Apr 16, 2013 at 10:54:31 AM PDT

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    •  Really? Then it should be easy for you to prove. (2+ / 0-)
      Recommended by:
      aguadito, Dallasdoc

      Teapot Dome bigger than the banking bail-out? Just which president do you think is more corrupt?

      Or are you just angry that I'm criticizing a politician you favor and committing HR abuse accordingly?

      You are entitled to your opinion, even though you have nothing to back it up. But HR-ing a contradictory opinion, especially one that has been rec'd by the diarist to keep it out of the hiddens, is HR abuse.

      What we need is a Democrat in the White House.

      by expatjourno on Tue Apr 16, 2013 at 11:11:29 AM PDT

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      •  one thing (3+ / 0-)
        Recommended by:
        expatjourno, midwesterner, Dallasdoc

        that i'd like to add is that a lot of us who have been critical of Obama since the new year were holding our tongues during election season (which lasts over a year ! )

        So many of us have been more than cooperative in the efforts to get Democrats elected -- and i don't think it's fair to censor legitimate progressives who have a problem with Democratic policies especially when we're not in an election year and now is the time for us to have our say before we're considered absolute traitors when election-year comes around and we have to be more careful not to push people into Republican hell.

        This isn't about supporting Republicans over Democrats, this is about holding Democrats accountable!

        And from what I've seen, expatjourno has not been an outright liar, he's just using hyperbolic rhetoric and has a personal perspective that deserves to be heard, as long as he's not being blatantly maliciously dishonest.

        Deficits don't matter, jobs do.

        by aguadito on Tue Apr 16, 2013 at 11:23:41 AM PDT

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        •  Thanks. Plus, Obama isn't running again. (3+ / 0-)
          Recommended by:
          aguadito, aliasalias, Dallasdoc

          We all supposedly had to hold our tongues to keep Romney from winning. Now I guess the reason is what?

          And, on the merits, if the banking bail out IS the biggest theft in the history of the republic (stealing a whole continent from its people would be a bigger crime, of course), then the politicians involved are among the most corrupt.

          It seems not to have occurred to the Obama defenders that those OCC people Senator Warren was grilling are in the executive branch. Supervised by Obama's appointees.

          When it comes to the OCC and the corruption Senator Warren unveiled, the buck stops with Obama. Millions of people illegally foreclosed on. The auditors got 10,000 dollars per case. People kicked out of their homes illegally are getting 1,000 dollars.

          The scale of that corruption is breathtaking, yet it is par for the course under this administration. The buck stops with Obama.

          What we need is a Democrat in the White House.

          by expatjourno on Tue Apr 16, 2013 at 11:50:03 AM PDT

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          •  I think a lot are only getting $300.00 (1+ / 0-)
            Recommended by:
            expatjourno

            without the ants the rainforest dies

            by aliasalias on Tue Apr 16, 2013 at 01:55:26 PM PDT

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            •  Billions to banksters for their bonuses. (2+ / 0-)
              Recommended by:
              midwesterner, Dallasdoc

              Three hundred bucks to their victims. THAT is Obama's policy. Obama is responsible for what his appointees do.

              And how is that not corrupt? How the hell do I get 11 HRs for asking the question?

              All 11 of those people should have their rating privileges suspended. What, do they think Geithner needs 60 Senate votes to carry out a policy in the Treasury Department? I guess they do.

              What we need is a Democrat in the White House.

              by expatjourno on Tue Apr 16, 2013 at 02:37:47 PM PDT

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              •  Jack 'Cayman Islands' Lew now instead of Turbo Tax (4+ / 0-)

                Timmy Geithner, but the name change obviously doesn't mean much and it obviously didn't matter that he had an account in the Cayman islands.
                 Whether or not it is illegal it still should disqualify someone from heading the US Treasury and maybe (like John assassination czar Brennan) a couple of years ago he wouldn't have been considered but I think corruption in govt. is reaching new heights. I can't directly call many corrupt but if the cosmic betting window was open I'd bet everything I had and could borrow on the square saying there are very few people in all three brances of govt. that are not owned to one degree or another.

                 ( for those possibly unaware he has been part of Obama's cabinet prior to his nomination)

                n Foreign Policy magazine in January 2012, Joshua Keating wrote that in reality Ugland is neither but “the building makes a mockery of the U.S. tax system.”

                Keating noted that the Caymans have no direct taxes, it only costs some $600 to set up a company address there – while the company does business around the world — and that “the Caymans also allow U.S. non-profit entities like pension funds and university endowments to invest in hedge funds without paying the ‘unrelated business income tax,’ which could be as high as 35 percent if those funds were based in the United States.”

                He also cited “concerns that the complexity and lack of transparency in Cayman Islands transactions can make tax evasion and money laundering easier, though,” he adds, “the vast majority of Cayman Islands transactions are entirely legal.” This is what the Internal Revenue Service euphemistically described to the GAO as “the Cayman Islands’ reputation for regulatory sophistication.”

                Wheels within wheels. One of the thousands of entities registered at Ugland House is Citigroup Venture Capital International, a private equity fund in which our new Treasury Secretary Jack Lew invested $56,000 while he was an executive at Citigroup. He sold the investment, at a loss, for $54,118 in 2009 when he joined the Obama administration.

                Asked at his Senate confirmation hearing whether he knew that Citigroup had a presence in the Caymans – 121 subsidiaries, in fact, including the fund in which he had invested — Lew professed, “I do not recall being aware of any particular Citigroup subsidiaries located in the Cayman Islands.”

                That may seem odd, given that, as Bloomberg News and others noted, Lew was managing director and chief operating officer of Citi Global Wealth Management, then moved in 2008 to Citi Alternative Investments, “which managed billions of dollars in private-equity and hedge-fund investments” — the kinds of deals that are as common in the Cayman Islands as piña coladas.

                without the ants the rainforest dies

                by aliasalias on Tue Apr 16, 2013 at 03:22:16 PM PDT

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