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  by Anonymous |

  Jan 17, 2008(8 months ago) |

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  The foreign investment in America's banks is necessary or they will be or become technically insolvent. The real problem here is that the regulatory agencies allowed this to occur. So did the bank's Board of Directors, who, under our law, are responsible for overseeing management's handling of the shareholder's interests. Under our system, if the shareholders are asleep at the wheel - it is too bad for them. This would be true unless the government via the Fed now rescues the banks from their own foolishness/stupidity.
  
  Becuase fiduciary standards of care in the handling of other people's money are so lax in this country, we will now suffer the consequences of having a system that allows the players within the system to have no values other than short term greed.
  
  We will always get results that are consistent with the incentives that are present.
  
  By the way, the management of corporate retirement plans is about the same. All of the incentives are perverse relative to the results one would otherwise want to produce - effecient and effective management of pension funds (or 401(k) plans).
  
  For example, there is no requirement to be trained or licensed when one serves as a fiduciary on a corporate retirement plan. My dog needs more licensing that someone who manages $1 billion of employee money.
  
  How efficient and effective can such a system be?
  
  Why haven't regulators demanded that fiduciary principles be applied in financial services?
  
  Why have the regulators been silent?
  
  The answer is as simple as the financial services industry owns Congress. For all intents and purposes it might as well be that way and so the statement is effectively true in function if not in form.
  
  There you go Representative. What will you do about it?

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  by lerichards |

  Mar 01, 2008(7 months ago) |

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  Lawrence E Richards 352-585-5466
  7272 Landsdale St.
  Brooksville, FL. 34601
  law_richards@yahoo. Com Mar. 01, 08
  
  Satellites used in Home surveillance
  
  No citizen is entirely without danger of being harmed by the U S Governments’
  Space Satellite programs using high frequency energy, lasers. Similar to the
  surveillance used during the Viet Nam War, these units are able to penetrate just about
  anything, characterizing human bodies as they walk though their homes. There are
  very few places within a home that cannot be spied upon, depending on where the
  systems are directed–bathroom, kitchens, bedrooms, throughout the home, spying and
  doing their dastardly thing.
  Mobil ground units operating in an equivalent way are able to penetrate walls of
  buildings doing surveillance and harming Citizens. Much like satellites, ground units
  assault using multifrequency energies, lasers, directed by ground coordinators, causing
  damage to joint and nerve tissue of any part of a heat generating body. Seldom, if ever,
  individuals who are harmed realize what’s happening to them. Doctors will treat the
  inflection as a common ailment. The suffering may go on for years without the
  government ever stopping it, in some cases causing death.
  Fortunately, the incoming satellite and ground energies can be detected and
  identified, by using an effective barrier partitions. It's a trail and error in most cases, a
  matter of using barriers, checking to see if the pain continues. The End
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

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  by Anonymous |

  Oct 02, 2008(5 days ago) |

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  Congratulations to you on your recent TV appearences commenting on this financial bailout. You make the best sense of anyone I've heard to date. I only wish your associates would listen to you. I am afraid just like everyone else. I want this warm fuzzy feeling I know I will get if and when this bill is passed. On the other hand I fear MORE the longER fallout set by this precedent. I wish we had more level thinking representatives in Congress like you. I am so frustrated with all of this knowing that the majority of everyone's constituents say vote "no" when I am realizing we'll be ignored and Congress will vote "yes." I feel helpless to stop it. I guess we'll just have to make our voices heard in the next election.

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