Where is the smoking gun?

[Skidmore]

I watched Michael Moore's "Capitalism: A Love Story" early this morning and agree with him that the wealthy have ransacked the nation of its treasure. However, I think that, while this may be intuited, it cannot be proven to be premeditated and planned beyond the confluence of events that would be the logical outgrowth of greed. Moore danced up to it and put forward 2 or 3 bits of evidence that would help construct the case for it. It is, however, far from proving planning meetings and documentation of construction of methodology and its execution.

We are badly in need of some prosecutions for criminal behavior by Wall Street etc.

[mmonk]

1. They are in government and the federal reserve still.

[RandomThoughts]

2. ya think?

I made a post about the three defenses, the third is the better voices of many people, including the establishment of social laws.

By creating anarchy, or lack of justice in many areas, that better justice 3rd tier defense can be weakened in many people. For instance it is more difficult to find the better words in many social justice comments because of some of the injustices.

When finding the 3rd defense was weakened for me by injustice in many parts of society, I found much of it in music and movies, and stories of better ideas (in my view better ideas, although people can decide for themselves what is better and not)

But anyways, the reason some want anarchy is so people can not see justice and compassion in many people in society, to remove finding ideas from the 3rd defense, or that is how I see it. Although people may think differently on what is better and what is not.

[Rex]

3. How do you prosecute yourself or better yet why would you?

The Govt and Wall Street go hand in hand, you cannot kick over a single rock in the valley without finding both entwined underneath.

[Cal33]

4. The followig may not represent proof, but they surely point to

the direction of it.

According to a recent article by Robert Reich, as late as 1980 the upper 1% income group
had 9% of the national income. Today, the upper 1% has something pretty close to 30%.

Bush deregulated financial supervision laws of business practoces, resulting in the
mess we have today.

Bush gave tax breaks that mostly benefited the super-rich, and at the expense of the
middle-class. It's like bringing coals to Newcastle. If this isn't premeditated, what is?

Surely there must be others who can offer more concise information, perhaps even proof.

I believe if impeachment of Bush/Cheney & Co. had taken place, great amounts of details
concerning corrupt practices would have been brough to light.

[Kurt_and_Hunter]

5. Adam Smith said it all in The Wealth of Nations

"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

No centralized conspiracy is needed.

The conspiracy is fractal and inevitable.

[Steely_Dan]

7. Exactly...

Well put.

[Warren Stupidity]

6. The documentation of blatant fraud in the CDS industry is there.

The fact that nobody is being prosecuted for it is stunning. Goldman-Sachs and others were writing the CDS financial instruments that they were also betting against because they knew exactly how bad they were, while selling them to other institutions and individuals as solid investments. They went out and committed massive fraud and made billions off of all ends of the transactions.

For the most part however there is no vast wall street conspiracy. Instead there is massive revolving door corruption that links particularly G-S with Congress and every administration for the last couple of decades, and a consequent confluence of interests that have produced the situation we are in. The financiers have a strangle hold on Washington rivaled only by the MIC's network.

We peasants are pretty much left out of the picture as competing corruption centers vie for bigger fists in the trough. Conspiracy? Who needs a conspiracy when the rules allow this shit to transpire right out in the open?