NOTE: I receive many emails, and when they contain relevant information, I will try to post as many as I can. If you have time to volunteer to review and post these emails, please let me know. I can't do this alone. Below is an email from a blog reader:
Good work. You are a real patriat my friend. Here is an comment i posted on marketwatch.com...you can post it if you like..
In Texas lots of people have guns to protect their property. A neighbor of mine, in fact, recently shot and killed a homeless man that ventured upon his property attempting to sell back items that he had previously stolen from him. My neighbor said he pulled a knife on him. There was no arrest as it was viewed as self defense.
Had Goldman Sachs and other finanical firms walked into the houses of everyone taxpayer and stole from them, key members of these firms would be arrested or worse by now.
At some point society may understand finacial crimes more clearly and, as a result, find agencies and means to protect themselves. Even the press by now has made it very clear what has happened, but the American public continues to be largely bamboozled.
They are busy cleaning their guns at home preparing for an intruder. Or at Krav Maga (learning Isreali soldier defense tactics) driven by racial or "urban" fear and paranioa, or mixed martial arts (pounding themselves to a pulp to feel something or from self loathing. All the while the biggest crooks and enemies have captured the gov't while and then lean for protection. Elements of grand theft and extortion have happened here, all out in the open to those that read the finanicial news with any clarity. And they didn't even have to break in to your home are car to steal from you.
Our society still lives in view of 19th and early 20th crime not understanding how to protect themselves against a new, powerful class of modern criminals that are not the state but compromise the state as an agency. The despotic state has long been criminal. The current financial crisis marks the passing of the American democracy to the kleptocratic form of government more in line with bannana republics than the democratic / free market form that it purports itself to be.
The majority of people opposed the Iraq war, "So what," said Dick Cheney. The majority of people opposed the bailout, so what again. The majority of people are coming to understand the theft of their money by large financial firms faciliated by key members of government.
So what again?
GoldmanSachs666 Message Board
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". 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