Sunday, July 8, 2012

DOUCHEBAG OF THE WEEK: THE GLOBAL BANKING CARTEL

A close one this week between the Big Banks who reamed us all by fixing interest rates and the MSM which did such a shoddy job covering this story they could be compared to the defunct News of the World by now. Has journalistic integrity been reduced to the likes of me? If it is we are so screwed. Let's see those runner ups.


1) Jeff Ellis Management- This is a prime example of how clueless a people we have become. As the proprietors of all lifeguard stations and personnel on a portion of beach in the town of Hallandale Beach, Fla, these future MENSA members fired one of their lifeguards after he left his post to save a drowning man. Does no one know of this thing called the Internet which makes stories like this attract a life of their own? Public discourse was decidedly hostile and the PR nightmare that followed should have been predicted. But no, they waded into this controversy face first and tried to make lemonade by offering the man his job back along with his six co-workers who all quit afterward in protest. They all said what most of us would have: "Drop dead." The worst part about this is the reason why he was fired was almost, ALMOST, reasonable. As he was outside of their liability zone, had the swimmer been injured, both the rescuer and the company could be sued. WTF? We need to drastically fix out civil lawsuit system which is putting people's lives at risk due to liability concerns.



2)Lawyers- Our criminal system me be busted but the tort system is so out of whack that anyone can be sued for anything at this point. One of the reason's health care is so expensive is because medical malpractice insurance is six figures for many professions. It is exactly this reason why many go into specialist care and not GP practice. We need to figure out a way to end frivolous lawsuits while still protecting reasonable suits. Also, civil cases need to be reworked where the lawyers only get a set percentage of the end result, like 10%. A recent class action case I was involved with will net me a cool $100 while the lawyers rake in tens of millions. How exactly does that represent my interests?



3)William Johnson- Who the hell is William Johnson? The luckiest men on earth that's who. As CEO of Duke Energy for exactly one day Mr. Johnson will net a profit of $44,000,000,000. ARE YOU KIDDING ME? Yes, after a merger where Johnson would be the CEO of the new company, the board voted him out and replaced him with the former CEO of Duke Energy instead. The move angered stock holders and was called one of the biggest corporate hijackings ever. The response was equally hostile from rating company Standard and Poor, who threatened to downgrade their status. But Johnson still gets to keep his outrageous salary while people who work at Duke Energy will probably see their monies go the opposite way as this company is headed for trouble. Don't be surprised if they go belly up and all those people lose their jobs as the upper executives walk with millions. This is everything that is wrong with America.



4)Chicago Politicians- Rahm Emmanuel is proving to be every bit the incompetent boob I always thought he was. Now he is not solely responsible for the huge spike in murders across the city, a whopping 50% since last year, but he certainly is front and center of an ill conceived drug policy that is making things less stable than ever. These geniuses apparently looked to the peace and security now occurring throughout Mexico and attempted to duplicate it. REALLY? The slash and burn strategy of arresting drug kingpins has led to more militant and much more dangerous gangs across Mexico by utilizing this method and Chicago is doing the EXACT SAME THING. The result has been predictable as gang violence has risen exponentially as turf is being divided up among increasingly violent drug groups. End the war on drugs and stuff like this will disappear almost overnight. Read a fucking book guys. Christ!



5)Global Warming- Funny how the exact things we were warned about are coming true on a regular basis. The planet is getting warmer, and weather is getting extreme from record heat over the last week to record drought killing the nations corn crop. This will lead to higher prices everywhere as corn is in everything from fuel to soft drinks. And for those deniers out there, check out this stat: For every cold record being broken this year, twenty heat records are broken too. The world is getting warmer and this constant nonsense of El Nina and La Nino being responsible is bunk. They are happening at constant times now when years used to pass between phases. The weather is getting odder and odder. And all the junk science can't defeat what I can see with my own eyes.



6)Mitt Romney- According to him, Obamacare's Mandate is a tax but Romneycare's is a penalty. Nice try, dumb ass, but I know they are both the fucking same thank you. The GOP is finally starting to get some heat over their "repeal and replace" talking point but have led to no specifics over what that new plan might be. If the Paul Ryan plan is any indication it has something to do with Soylent Green. Demand they spell out their plans for health care before you vote this idiot into office and watch your Social Security and Medicare wiped out of existence.



7)MSM- Asleep at the wheel again, the major networks and newspapers have made no mention of the ongoing LIBOR scandal which is a huge deal. World banks conspired to keep interest rates low for their own benefit while screwing everyone else and the MSM yawns. Meanwhile we hear about Justin Bieber getting arrested for speeding, how freaking hot it is, and how the economy is improving even the job market sucks. You guys suck and suck hard. Go away and let the professionals do the reporting.


8)Banks-Yes the world banks got caught red handed fixing interests rates and stealing trillions of dollars in the process. Bank of England, Bank of Scotland, Barclay's and HSBC are all still trying to figure out what's what as the British press is all over this. The contagion is spreading as investigators are looking into JP Morgan/Chase and Bank of America tomorrow. It can't be? Bank of America and JP Morgan/Chase involved in illegal activities? Heavens. I think I have to sit down as the vapors have got to me. How dumb do they think we are? Banks have been screwing us blue for so long it's not even funny. The fixing of interest rates may go back as far as the mid nineties which would not surprise me in the slightest. JP Morgan is also being sued by a widow who claims that foreclosure pressure against her minister husband caused him to have a fatal heart attack. Much like everyone else I know, JP Morgan steered them in one direction to "help" and then grabbed the rug out from under them, yelled "sucker", and ran away with their home like Snidely Whiplash. In order to refinance their home, they were told to miss a few payments. Of course once that happened, foreclosure was begun, a claim the bank denies. Considering your track record, I am going with the widow on this one. This has been common practice and one that needs to stop. Get a gun and demonstrate to anyone attempting an eviction under these circumstances that you're not leaving without a fight. We have to start standing up for ourselves and when our property is being stolen that is a red line I am willing to cross. So fuck you banks, you indeed douchebag of the week, month and probably the year. Again.

1 comment:

  1. Your comment on tort reform is long - medical malpractice suits are not driving up health costs - that is what insurance companies want you to believe. Tort reform was a Karl Rove idea (ths should tell you something). It actually favors big business so they are limited to what little people can sue them for when they fuck up and put dangerous things are the market. Tort reform is such bullshit -

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