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According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia

Wednesday, April 22, 2009

Goldboy's Sacks Corporation - The Three Stooges

For those that want a little fun with thier morning coffee, I found this quite amusing, but at the same time, it sadly sums things up. They should make another mug with Barney Frank, Chris Dodd and Nancy Pelosi.



consultant said...

MIke, All of this stuff is too real. Look at the guy from Fannie Mae who just (we are told), hung himself.

All of this is too deep. It's like one of those movies. Anyone see The International with Clive Owen?

I'm a guy from the 60's. When I was in college during that period, one of my professors asked a group of us, why were we so angry. I spoke up and said we were children of war, raised by hard, depression era parents who had to fight a true world war. Everyone had to sacrifice and everyone was impacted by it, including those of us who born after the war.

By the time I started college (1969), the US had been in Vietnam 9 years with the fighting escalating each year. Along with the war their was social change, the draft, race riots, assassinations, you name it. No video can do justice to how it felt to live during those times.

Well, I think it is going to have to get a lot worse before people take to the streets. Anyone under 50 or even 55, just doesn't remember or have experience with any of that stuff. Over the last 30 years or so, we have become an extraordinarily complacent country. We are distracted by games, tv, silliness. Hardly anyone wants to be an adult anymore. This country is in bad shape culturally and that's what led to the economic collapse.

A nation will collapse if its core value is: how can I get something for nothing?

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