their ignorance...

(plus one facebook post), jail ain't enough. There needs to be fines that expropriate the ill gotten WEALTH of these scumbags. Hell, it's our money anyway, ESPECIALLY after '08.

here's a viable solution too!

...I call them 'French Revolution re-enactors.'" -- Andy Borowitz

The amateur left here and elsewhere just don' get it.

MONEY is the only thing the wealthy class truly cares about. impact their wealth with fines and slow down their
ability to make a profit and you'll get their attention toot sweet.

Access to information that others don't have, supplied by his employment/membership in various privileged institutions, undoubtedly enabled him to win the Nobel Memorial Prize in Economics. Had he stayed in Gary, IN and worked hard, it is doubtful that he would have succeeded to that extent.

http://en.wikipedia.org/wiki/Joseph_Stiglitz

i.e. the "Insiders Rule" rules. That's been going on for far too long, and if you're not feeling the pain from it, I envy you.

Either that, or we accept your version of 'reality' and surrender to the inevitable.

I refuse.

Care to join?

Though you wouldn't know it from reading western economics, since they seemed to ignore centuries of trading by Southern European, Islamic, Indian, and Chinese cultures.

IIRC, not until the 1990s did US economists start to study how information and the associated technological change influenced the dynamic growth and change of the overall economy.

Which means that the classical economics of capitalism, communism, and socialism are pretty much BS.

Jesus.

This will get alerted on, I'm sure. I devoutly hope it lasts long enough for you to read this: Fuck that, and fuck you for espousing it.

You can wrap your bullshit around poor interpretations of other economies, but the fact remains: the few in the know have been stealing from the most who don't. Period, end of file. Fact.

'FarCenter' assumes a deep adherence to the status quo. I'm no Marxist, but as Harry Truman once said, how many times do you have to be hit in the head before you turn around and see who's hitting you?

Letting the insiders do their thing because it's "essential to the economy" is, by far and away, the weakest shit I've ever read here, and I've been here for more than ten years.

"Which means that the classical economics of capitalism, communism, and socialism are pretty much BS. "

...which leaves you free to spout you support for the current vein of capitalism.

I call bullshit, and pray that the jury which reviews this agrees.

communism had actually been put into practice anywhere on a large scale.

I hope you're not referring to the old Soviet Union. hooooh baby! that was a real threat, eh?!

Me again.

No response?

and seems to be authentic
source here:

http://corporatecrimereporter.com/

Robert Riech mentions the agreement here.
http://www.alternet.org/economy/156201/libor:_the_wall_street_scandal_of_all_scandals

A couple of years back, Directors of a business that about fifty people worked for (myself included), exploited their workers, by using holes in Employment law to withhold staff wages and ultimately cheat employees out of the money that they had worked hard to earn ( http://bobblackmanmp.info/ ).

Despite Employment Tribunals agreeing that staff were treated badly, the High Court said that they are powerless to help because their is noting stopping this in law, whilst the local MP wasn't interested in helping.

But, now, to rub salt in the wound, the local MP, and even Government officials simply try to kick the issue into the long grass, by claiming that it's not in the public interest to do anything about this matter, whilst refusing to have the Directors struck off, failing to introduce new laws to outlaw these kinds of sharp practices, and not even bothering to call for an inquiry into this scandal.