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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

Monday, May 27, 2013

Fraud, Fraud and More Fraud

This post was my response to a comment in yesterday's post - Goldman Sachs's New Business Standards--Part II by LaserDliquidator, who for years now has been fighting the injustice and fraud of Wall Street and specifically against Goldman Sachs and Bain Capital (of Mitt Romney fame).

I felt my comment was worth posting on Memorial Day so that we may never forget those who have served us so well over the years and so that we my never forget those who have strived to destroy what our service men and women serve for.

To those servicemen and women who protect our Democracy - I SALUTE YOU!
To those banksters who seek to use our Democracy against us, I........have no words to express my feelings!

Here now my response:
You would think by now with all that has been exposed that the fraud would be prosecuted or at the very least charges levied and arrests made and then let a Jury of our peers make the final verdict. 
Unfortunately, after all the years I have been writing about bank fraud, it is evident that the governmwent has been and still is covering this up. Especially when it comes to Goldman Sachs, their power over our government as well as governments around the world keep them immune. Corruption at its best - right here in the good ole USA.
As we celebrate Memorial Day and remember all those who have served, sacrificed much and sacrificed all - their lives - so that the rest of us - the 99% - could enjoy the freedoms of this democracy along with the economic freedoms and opportunities that was once the hallmark of America. 
Unfortunately those TOO BIG TO FAIL and TOO BIG TO BE PROSECUTED defile those we honor tomorrow. 
Our democracy and freedom and the economic opportunity belongs to the masses not the the elite classes who would commit crimes and fraud to serve no other purpose than to line their "platinum" lined pockets. 
It is unfortunate that something has gone so terribly wrong in our judicial system led by a government - be it Democrat or Republican - that seemingly work for those 1%'ers. 
I salute those who wear and have worn the uniforms of United States Armed Forces. 
I deplore those who would make a sham of what they stand and fight for.


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