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Octafish

(55,745 posts)

44. Corruption Is Now Officially Legal in the U.S., ''But Must Be Done Right''

Mon Jan 26, 2015, 08:30 PM

Jan 2015

by Erich Zeuss
GlobalResearch.ca

On December 10th, Wall Street’s federal appeals court, the 2nd Circuit Court of Appeals, ruled that if inside information about what is going to happen to a corporation is taken advantage of by an investor, it’s okay, so long as the source of the inside-tip isn’t directly paid for passing it along.

In other words, if you have friends who have inside information that they received from their friends, they are free to pass it along to you, and you are free to pass inside information that you possess along to them to pass along to others, but neither of you is permitted to pay the other for any inside tip — the information can legally be acted on only if the tipper is not paid for the tip.

CONTINUED w/links...

http://www.globalresearch.ca/corruption-is-now-officially-legal-in-the-u-s-but-must-be-done-right/5419612

Sad day in America when a guy can't find the scratch to buy his own politician, even with all these great corrupt laws.

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Taken For Granted At Davos That US Government Run On �Legalized Corruption� [View all] Octafish Jan 2015 OP

Yep..and we are supposed to cheer them on. Gets pretty old. n/t djean111 Jan 2015 #1

In 1991, I met Jean Bertrand Aristide, then the president in exile of Haiti... Octafish Jan 2015 #8

Thanks. Should be an OP on its own. nt djean111 Jan 2015 #9

I'm always very impressed by his apparent ability JonLP24 Jan 2015 #16

Amen. Jackpine Radical Jan 2015 #34

Ditto. zeemike Jan 2015 #37

Absolutely. n/t Ghost Dog Jan 2015 #51

I've always been impressed by Octafish. DeSwiss Jan 2015 #52

I agree! JDPriestly Jan 2015 #60

+1 nt riderinthestorm Jan 2015 #71

K & R Thespian2 Jan 2015 #19

Bush Family Evil Empire blm Jan 2015 #21

Great post! Thanks.. mountain grammy Jan 2015 #32

"1 percent owning 99 percent" DeSwiss Jan 2015 #53

K&R stage left Jan 2015 #2

When Money is Speech Octafish Jan 2015 #14

"Free Speech" in capitalism is a lot like money -- some have a lot more KingCharlemagne Jan 2015 #48

what? Locrian Jan 2015 #3

That's why we Lottery. It gives one Hope. Like a carrot on a stick. So be a good Donkey... Octafish Jan 2015 #15

sorry have to run Locrian Jan 2015 #22

Corporate McPravda Octafish Jan 2015 #29

K&R libodem Jan 2015 #4

The Davos oligarchs are right to fear the world they�ve made Octafish Jan 2015 #42

Thank you for the info libodem Jan 2015 #59

"This is not news to anyone paying attention." Yeah, but most are focused on deflated balls and ... Scuba Jan 2015 #5

I actually don't downplay the advantage it would have in 40-50 degree weather JonLP24 Jan 2015 #12

k&r CanSocDem Jan 2015 #6

NoCal's got the Bohemian Grove Octafish Jan 2015 #43

K/R marmar Jan 2015 #7

Corruption Is Now Officially Legal in the U.S., ''But Must Be Done Right'' Octafish Jan 2015 #44

It is so obvious JonLP24 Jan 2015 #10

If the current Government were interested in Justice, they'd hire William K. Black. Octafish Jan 2015 #45

Either we revolt, or live with it, because it ain't gonna ever change without Zorra Jan 2015 #11

I agree JonLP24 Jan 2015 #17

Secret Government and Secret Laws are un-American. Octafish Jan 2015 #67

Corruption in America? How can it be corruption if it is legal? Fuck off, Europe, the media in Fred Sanders Jan 2015 #13

Ben Bagdikian detailed the ''Media Monopoly'' in the 1980s... Octafish Jan 2015 #68

"not news to anyone paying attention" - exactly. closeupready Jan 2015 #18

Kicked Enthusiast Jan 2015 #20

K&R The more money Wall St has, the less democracy we experience. raouldukelives Jan 2015 #23

"Most people prefer money over democracy" = indeed ND-Dem Jan 2015 #62

K&R JEB Jan 2015 #24

HUGE K & R !!! - THANK YOU !!! WillyT Jan 2015 #25

A long habit of not thinking a thing wrong gives it a superficial appearance of being right. Paine Tierra_y_Libertad Jan 2015 #26

SO....that's what it is called laserhaas Jan 2015 #27

"the wealthy ultimately determine legislative outcomes in the US" We're owned! L0oniX Jan 2015 #28

K&R nt Duval Jan 2015 #30

And in the "duh" department, a link from the article: mountain grammy Jan 2015 #31

DSG turbinetree Jan 2015 #33

Oh, we don't call it corruption. We call it Free Speech Demeter Jan 2015 #35

Davos, where a bunch of billionaire, James Bond villains meet at a secretive mountain retreat....... LongTomH Jan 2015 #36

Thank you, LongTomH! That should be a few OPs. Octafish Jan 2015 #46

Of course it is a plutocracy, that is what the owners of America wanted and so that is what Rex Jan 2015 #38

Corruption Madmiddle Jan 2015 #39

that just silly talk... handmade34 Jan 2015 #63

Mutiny would be an effective remedy. Dont call me Shirley Jan 2015 #40

DU's own beacon of wisdom Mr. Octafish 90-percent Jan 2015 #41

Corruption breeds cynicism KT2000 Jan 2015 #47

Hang 'em high. hifiguy Jan 2015 #49

Corruption is biggest problem in world in 3rd world countries. We've legalized it ErikJ Jan 2015 #50

Yes. Americans laugh about 'banana republics', yet that is just how we operate, too. closeupready Jan 2015 #65

K&R DeSwiss Jan 2015 #54

K&R. nt tblue37 Jan 2015 #55

That picture says it all about Capitalism in the US Ramses Jan 2015 #56

I believe "legalized corruption" is the best way to put it... MrMickeysMom Jan 2015 #57

That's exactly why they made money into "free speech" Beartracks Jan 2015 #58

DC is a racket. blkmusclmachine Jan 2015 #61

citi called it a plutonomy in 2005 and on and on it goes... Agony Jan 2015 #64

thanks, Octafish. righteous as always. nt navarth Jan 2015 #66

Was there any question? NaturalHigh Jan 2015 #69

Better late than never... CanSocDem Jan 2015 #70