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Zero connection. I was trying to show that some people are just simply inspirational without friends called "cut" and "paste".
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Oh crap, now that this guy has targeted .... a BANK! .... he won't be long on this Earth. We all guessed it would be BofA, looks like we wont have to wait much longer to get the dirt.
I know that bank pretty well( im not going to get into what i mean by that), and im not at all surprised. The only thing that ever prevents me from saying that i hope that bank should have been allowed to fail is the fact that i still have friends that work there.
let's not forget a few things. governments were corrupt since the first government was put in place.
there's no doubt in my mind that BoA did something awful. but guess what. nothing new either. banks are and were corrupt since day 1 as well. one could say because money stinks. one good example is worldbank after world war I.
(not going in details, because this is a very delicate subject)
Platform: NinjaTrader (It's a love/hate relationship)
Trading: CL, TF, 6E
Posts: 169 since May 2010
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It is significantly more difficult if not nearly impossible for banks (or any other enterprise) to be corrupt without the backing of corrupt government though. Without the the laws that give specific perks and protections to banks, these banks would be at the mercy of their customers. Free market forces tried very hard in 2008 to bring balance and order, but unfortunately, government was there to snatch defeat from the jaws of victory with bailout money stolen from the people.
The more I hear, the more I am beginning to love Wilkileaks. Now if the people, once they've learned the truth, would just do their duty and hold these people accountable...
Let's not forget the very root of the problem... it isn't government or business corruption. Both of these are benign in and of themselves.While government has been responsible for the greatest atrocities in history; government is not evil. Communism isn't evil. Neither is Capitalism, business, religion or any other fictitious entity. These names are merely labels that we slap on collective groups of men, who often hide behind those labels to disguise their bad behaviour.