Pulling Back the Curtain: Economic Terrorism our Greatest Threat

See Previous Article Re-Posted from October 2008-
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Dennis Blair, our new Director of National Intelligence and the Obama administration fully understand the danger of global economic instability. Truth in the Executive Branch of our government is the change we can all be grateful for, right now. Scary? Yes. Paralyzing? No way.

American workers fashioning a "people's" government is exactly what the world needs from us as well. Time for all citizens of good faith to get active, create the change the "accountable" class is calling for, take up the most righteous American tradition of a "fair day's trade". That is what "democratic capitalism" is all about. I win you win... profit based on a positive transaction, return customers, quality of product, labor and service. I get rich because my word is good and I stand behind my product. Progress really is our most important product. That is who we really are, remember?

It's up to all of us to deliver on OUR word, bring fairness and oversight back into our own lives, as we unite to create opportunity for all Americans and green card workers, including the least of these our brothers and sisters. It is our civic duty, each and every one of us, to roll up our sleeves, tap into our DNA, our legacy of rugged individualism, pragmatic thinking, and that incredible "pioneer" spirit. No one else can lead the world out of this pit of despair, deceit and corporate defiance on a global scale. No one, that is, except the American workforce.

"My philosophy, in essence, is the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute."

—Ayn Rand, Atlas Shrugged 35th anniversary edition

Boiler Room Boys Beg Investigation

While cleaning out "mybarackobama.com" blog, came across this piece originally posted in October. Considering Wall Street's Maddoff the company of thieves to come, I am taking the President at his word: should compelling evidence comes forth, no one is above the law... and vindication is sweet.

There's something about the mortgage crisis that smells of organized crime. Credit swaps, phoney bank appraisals, unregulated new trading products (scams?) that defy comprehension bred like rabbits under a Republican porch, a Bush-McCain trickle-down fantasy. Consider this: Congressional deregulation plus lack of oversight (police) unleashed organized crime. Infiltrating a speculation-driven financial system, experts at the "con-fidence" game, the beauty of this opportunity would wet any criminal agenda. Conclusion: Congressional deregulation and the Bush policy gave all our money to criminals, on a silver platter. Hello...

The opportunity to steal trillions by simply presenting a business card and posting a website, launched hundreds of new mortgage companies, private lenders, and get rich quick infomercials. Bundling the banks and Wall Street with the bill, it seems to me, a real novice, that the entire financial system fit right into the 21st century criminal mind, an emerging global consideration. For example, this past June, I was able to search comparison appraisals specific to my home for the first time. What shocked me the most was learning that the bank appraisal on my 2007 mortgage was $100,000- $150,000 "officially" overvalued. Any criminal conspiracy would not work without bank cooperation, regulatory neglect, and international vulnerabilities.

When Congress returns in November, the best move would be to get both sides together and reach a bi-partisan agreement to fully fund and support the best special investigators, with a mission to untie the twisted shell companies, find the extortionists, co-conspirators, sophisticated, white collar criminals at the helm. A quality, international approach to stop "crime" could also recover the trillions that have been stolen if we are successful.

Democrats need to take the lead here, get past the lobbyists and partisan dupes, the naive and uninformed, and identify the economic terrorists playing everyone for suckers.

(Boiler Room Boys Beg Investigation By Team Player mybarackobama.com - Oct 12th, 2008 at 11:45 am EDT Also listed in: 10 groups Comments | Mail to a Friend | Report Objectionable Content)

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