The Big Con

nytimes.com — When is a crime not a crime?

When criminality subverts the system, challenges the system, becomes the system. From the Kleptocrats' point of view it is the systematic breakdown of each and every law which gets in their way; preventing the ascent to power of their enhanced moral values.

The Kleptocrats are really America's third political party.

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marketwatch.com —

OK America, your legal system has been trashed. Your constitution has been trashed. Whats next?

"WASHINGTON (MarketWatch) — The Securities and Exchange Commission’s watchdog released a report Wednesday examining an anonymous tip explaining that agency staffers discovered a “massive fraud” by a hedge fund manager and never pursued it. "

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publicserviceeurope.com — The submission by successive US administrations and congress to the GM Lobby, illustrated by silence and suppression of arguments against GM proliferation, is gradually being mirrored in Europe. There is life in the old democracy dog yet, but for how much longer? The EU Commission is trying to dispense with the rule of law. Something the US administration did years ago.

In this article from Public Service Europe the contamination of Honey by Genetically Modified material without legal authorisation is a case study of the dysfunctional, undemocratic disaster EU Governance has become.

You see the fracture between the European Commission and the rule of law. It is nothing less than the breakdown of democratic control over law and order. In this case absence of enforcement. We are a few years behind America in political corruption but we are catching up.

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dealbook.nytimes.com — By BEN PROTESS, MICHAEL J. DE LA MERCED and SUSANNE CRAIG

Federal regulators have discovered that hundreds of millions of dollars in customer money has gone missing from MF Global in recent days, prompting an investigation into the brokerage firm, which is run by Jon S. Corzine, the former New Jersey governor, several people briefed on the matter said on Monday.

Jon Corzine, the head of MF Global - the brokerage has rattled investors by taking big bets on the sovereign debt of eurozone countries including Italy and Spain.;

 Photo: Reuters

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huffingtonpost.com —

WASHINGTON — The Obama administration Friday pulled the plug on a major program in the president's signature health overhaul law – a long-term care insurance plan dogged from the beginning by doubts over its financial solvency.

Huff Post Reader Comment Of The Day - his biggest accomplishment has just been gutted. can't do nothin'. won't do nothin'. and i can't believe there are still people on this planet stupid enough to hire him for four more years of nothin'. - More Joseph Workman - "I dont need no stinkin badges"

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guardian.co.uk —

In 1998, aged 17, my son John Walker Lindh travelled to Yemen to study Islam and learn Arabic. In April 2001 he went to Afghanistan. Then 9/11 happened. He was captured by US troops, tortured, and jailed for 20 years, an innocent victim of America's 'war on terror'

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