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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

Sunday, October 9, 2011

More About Occupy Wall Street - "The Protest For What is Right and Just"

We wish to thank the reader who posted this link in their comment.  We thought it needed full attention. 
Thank you reader, keep us informed.

What They've Come to Find at Occupy Wall Street Is America

THE DIN BEYOND THE DRUM CIRCLE /// "You know, this is sort of an anarchistic bunch — kids — but I really am amazed for the respect they have," says unofficial Zuccotti Park librarian Eric Seligson (right). "They entertain everything." (Photographs by Elizabeth Griffin for The Politics Blog)
NEW YORK — Sal Cioffi and Randy Otero are union electricians from Local 3 of the IBEW in New York. They're working on the Freedom Tower a few blocks over in lower Manhattan. Over the past couple of days, they've taken to having their lunch in Zuccotti Park, in the middle of the Occupy Wall Street protesters who have set up camp here. The event has grown sufficiently that it's now attracted almost as many food trucks and mobile falafel units as it has television-news trucks, so there's always some place for Sal and Randy to buy lunch. So they park themselves on the stone bench, put their hard hats on the ground and, almost organically, they become part of the event. "We've had demonstrations, and it never makes the news," says Sal. "We could have 10,

Read more: here
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Standup said...

I Stand With The Protesters

October 9, 2011 By Lee Adler

I stand with the protesters.

We as a society must stop pretending. Most of us think that we still
have money in the bank to protect, so we go along with the game of
extend and pretend. For some of us, the game has already ended. The
rapacious zero interest rate policy that I call Bernankecide has already
robbed millions of savers of their life savings. This is the reality
that has yet to hit home for many Americans who are content to wallow in
the status quo. Unfortunately, the longer it takes for them to wake up,
the worse their, and our, fate will be.

My mother and millions of other senior citizens are among the victims
of the game that policy makers and those who empower them are playing.
Their life savings are gone because Bernankecide, the financial genocide
of the elderly, forced them to spend their principal. Now the
government is indirectly confiscating 8% of my income because I must
support my mother. That percentage is likely to grow as her health

Itsnojoke said...

CNN's Jack Cafferty On Wall Street Protests: "This Isn't A Joke! Media Would Be Well Advised To Take This Seriously"

GS666 said...

Cafferty is right, "This Isn't A Joke "  The Media does need to pay attention to it, at least the U.S. Media does.  Others around the world like BBC and Al Jazeera are paying attention.  What is our media afraid of?  Is the government involved in this partial "censorship"?  What will it take beyond arrests to prove this is a real protest by real American people who are looking for real solutions to problems brought about by both Wall Street and our government both of whom acted against the good will of "the people".

Also, this is and should remain a non partisan protest.  Many of us affected by this economy and the games played on Wall Street are Democrats or Republicans so neither party should or can lay claim to this movement.  You notice other parties - yes there are other parties in this country - are not trying to take ownership. 

Ownership ruined the Tea Party.  No longer a party of a mass lobbying group for right wing Republicans and one which all Republicans feel they must support to gain "their vote".

To "Itsnojoke".  Thanks for the comment and link.

GS666 said...

I stand with them as well.
Larry Rubinoff
As an injured American in the Financial Crisis caused by Wall Street.
As Publisher of

Notocain said...

Alan Grayson Shreds P.J. O’Rourke on #OccupyWallStreet

The underlying message is that the protestors are slovenly
unproductive losers and hence have nothing in common with respectable
middle class people. That flies in the face of the evidence on the
ground, where the crowd in Zuccotti Park has gotten to be both older and
more mixed ethnically than it was at its inception, and many of the
Occupy demonstrations in other cities have solid representation of the
middle aged and retirees.
Indeed, seniors are logical allies of OWS: they’ve been hurt by
financial-elite-favoring policies, like the gutting of pensions to boost
stock prices and CEO pay and near zero percent interest rates which are
a transfer from savers to banks. They are also old enough to have lived
through the heyday of the American middle class, the 50s and 60s (many
remember the Depression) and know that they were well served by the New
Deal social contract that has been dismantled over the last 30 years.

The efforts to discredit OWS are intriguing and reveal a deep seated sense of vulnerability among the powers that be.

Anon said...

Elizabeth Warren: 'Wall Street Broke This Country — One Lousy Mortgage At A Time'

Asked about her position on the Occupy Wall Street protest at last week's Massachusetts Senate debate, Warren said that people have to follow the law, then immediately launched into an invective against the banks.

“The people on Wall Street broke this country, and they did it one lousy mortgage at a time. It happened more than three years ago, and there has been no real accountability, and there has been no real effort to fix it. That’s why I want to run for the United States Senate.”

Noredress said...

Protesters Against Wall Street

Published: October 8, 2011

The message — and the solutions — should be obvious to anyone who has
been paying attention since the economy went into a recession that
continues to sock the middle class while the rich have recovered and
prospered. The problem is that no one in Washington has been listening.

At this point, protest is the message: income inequality is grinding
down that middle class, increasing the ranks of the poor, and
threatening to create a permanent underclass of able, willing but
jobless people.

The protests, though, are more than a youth uprising. The protesters’
own problems are only one illustration of the ways in which the economy
is not working for most Americans. They are exactly right when they say
that the financial sector, with regulators and elected officials in
collusion, inflated and profited from a credit bubble that burst,
costing millions of Americans their jobs, incomes, savings and home
equity. As the bad times have endured, Americans have also lost their
belief in redress and recovery.

The initial outrage has been compounded by bailouts and by elected
officials’ hunger for campaign cash from Wall Street, a toxic
combination that has reaffirmed the economic and political power of
banks and bankers, while ordinary Americans suffer.

Onesmartguy said...

John Hussman: Here Are 4 Things That Every Wall Street Protester Should Know

* “Failure” means bondholders shouldn’t be guaranteed every penny.

* The Federal Reserve’s purchases of Fannie and Freddie debt were illegal.

* Creating shell companies like Maiden Lane to buy bad Wall Street assets was illegal.

* Policies of bailouts only misallocate capital and exacerbate the wealth skew.

Returntosender said...

Are GMAIL and GoDaddy webmail blocking inbound emails with "occupy" in the subject line?

I have gmail, hotmail and yahoo accounts as well, so I ask him to
send "Occupy" messages to each of these to determine who might be
blocking what. He send them from both his yahoo and hotmail accounts. He
also sends messages with the word "occupy" mispelled.
Gmail receives the messages with occupy INCLUDING THE MISPELLINGS and
sends them all to its spam folder. GoDaddy webmail receives the
misspellings, but those with "occupy" spelled correctly never arrive.
This is the same whether they are send from my friend's hotmail or his
yahoo account.

I urge others to test this phenomenon. That's all.


Panic of the Plutocrats

Nonetheless, Eric Cantor, the House majority leader, has denounced
“mobs” and “the pitting of Americans against Americans.” The G.O.P.
presidential candidates have weighed in, with Mitt Romney accusing the
protesters of waging “class warfare,” while Herman Cain calls them
“anti-American.” My favorite, however, is Senator Rand Paul, who for
some reason worries that the protesters will start seizing iPads,
because they believe rich people don’t deserve to have them.

Michael Bloomberg, New York’s mayor and a financial-industry titan in
his own right, was a bit more moderate, but still accused the protesters
of trying to “take the jobs away from people working in this city,” a
statement that bears no resemblance to the movement’s actual goals.

And if you were listening to talking heads on CNBC, you learned that the
protesters “let their freak flags fly,” and are “aligned with Lenin.”

What’s going on here? The answer, surely, is that Wall Street’s Masters
of the Universe realize, deep down, how morally indefensible their
position is. They’re not John Galt; they’re not even Steve Jobs. They’re
people who got rich by peddling complex financial schemes that, far
from delivering clear benefits to the American people, helped push us
into a crisis whose aftereffects continue to blight the lives of tens of
millions of their fellow citizens.

Yet they have paid no price.

CANARD said...

Is this the same Bloomberg blaming job cuts on OWS?

Perhaps Bloomberg is nervous after being outed as a tax evader since
doubtless the banksters’ and their brethren politician crooks’ really
are laughing all the way to banks in Litchenstein, Grand Cayman &

See: “Bloomberg Has $290 Million In Offshore Accounts”


“The billionaire mayor’s foundation has transferred some $400 million
to offshore funds in widely known tax-sheltering countries like the
Cayman Islands, Cyprus, Mauritius and Bermuda, according to the
Bloomberg Family Foundation’s tax forms.”

The following video should dismiss any remaining vestiges of
delusions or hopes that the crookster politicians’ are working for YOU
the lowly booboisie, and validate that they ARE being richly rewarded by
the shysters’ for doing their bidding. See the astonishing exponential
growth in personal enrichment by some of the worst political whores
(Obama – #6 on Democratic list) in the last four years of the Best
Congress the Central Banksters’ can buy:

The Video Congress Does NOT Want You To See!

Allgoodreasons said...

Want To Know What Occupy Wall Street Wants? Watch Their New Commercial

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