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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

Tuesday, August 30, 2011

Matt Taibbi on WNYC Radio - The SEC Cover Up

 As I wrote previously, our government is complicit in the major scam that caused the economic crisis.  Now Matt Taibbi of Rolling Stone exposes how the SEC has been destroying documents for years to cover up crimes they were complicit in. 

Remember, all documents of a government are the property of the people - you and me.  We have the right to have access to them.  The destruction of documents in itself is a crime.  The destruction of evidence.

What is going on here?  Where has our country gone wrong?  How has our government become to corrupt.

Listen to Matt's interview on this issue.  The Leonard Lopate Show - WNYC Radio

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Anonymous said...


Wednesday, August 31, 2011
Matt Stoller: Sell America to Communist China Faster, Says New York Fed Official and Schneiderman Foe Kathryn Wylde

The elite consensus in American politics is held together by a small group of well-paid and well-connected insiders who are marbled throughout the world of corporations, banks, government service, and elite nonprofits. Who are they? And what do they believe?

One way to start is to look at who is being recruited to attack Eric Schneiderman, the liberal New York Attorney General going after the big banks. Normally these people stay behind the scenes, but in this case, we’re getting a nice peak behind the curtain. The best example so far is Kathryn Wylde, the chief of the nonprofit Partnership for New York City, a big bank/corporate-funded lobbying group that advises political officials on how to build a more business-friendly New York.

Wylde, importantly, sits on the Board of the New York Federal Reserve as a Class C Director, the group that is supposed to represent “the public”.

Just checking into Kathryn Wylde’s background shows that she’s a standard issue Rubinite who wants to sell out America to bankers and Chinese elites

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