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Archive for the ‘Corrupt Practices’ Category

How can I sound convincingly sorry?

April 10, 2014 Leave a comment

Revealed: taxpayer-funded academies paying millions to private firms

January 12, 2014 Leave a comment

Of course you don’t need qualified teachers in free schools. Or qualified brain surgeons, for that matter – Comment – Voices – The Independent

October 31, 2013 Leave a comment

BBC News – What does Al-Madinah say about free schools?

October 17, 2013 Leave a comment

http://m.bbc.co.uk/news/education-24569961

Schools are not market experiments; kids are not school consumers; Gove is not fit for purpose and should be placed in special measures.

On Benefits Documentaries

October 15, 2013 1 comment

It strikes me that if you are going to do a documentary about benefits: and not a Tory party sponsored propaganda piece you might mention the following.

:- the official stats that demonstrate the thousands of people have died within weeks of being declared fit-for-work by ATOS
:- the DWP is now trying to avoid collecting these figures as they show they are in the wrong
:- that the ESA WCA process assumes a physiotherapist is better qualified to make a judgement on mental health conditions than a GP with seven years training.
:- the same ATOS-WCA process has been declared illegal for mental health conditions, but is still being applied.
:- Both IDS and Shapps have been slapped down by the official UK stats body for lying about benefits.
:- in the last fortnight 165,000 people earning over £50,000 a year are now potentially fraudulently claiming Child Benefit.
:- That IDS has openly admitted to benefit fraud in the early eighties
:- former employment minister Grayling got taxpayers to buy him a £100K flat because travelling from Westminster to Epsom (about 7.50 on the tube) was too much for him
:- Osborne has fraudulently used taxpayers money to make money on essential housing costs of a paddock
:- the red cross have started a food bank initiative for the first time since the war, Gove a private school educated ex-Times journalist says this is because of bad choices.  Not mentioning the £7K he illegally claimed from taxpayers to buy furniture from Cameron’s (his boss) mother in law.
:- that ATOS a French IT company have been censured by the DWP for poor performance.
:-the DWP has wasted between £30-161 million on yet another failed IT system
:- IDS believes it is acceptable for people to be forced to take a zero hours contract, therefore simultaneously saying they don’t get paid or get benefits.
:- A4E are being prosecuted for fraudulently claiming they found people jobs, when all they did was sign up people with job offers
:- David Laws paid his lover over £40K in rent from taxpayers funds, stepped down and then when the fuss died down got a promotion
:- millionaire Cameron has claimed the non means tested DLA for two relatives
:- that the Daily Express thought it was okay to quote Nazi prison camp slogans about the value of work on articles about unemployment.

Of course if you want your prejudices tickled whilst we are taken back to Victorian labour conditions then do so.   But remember a channel 5 documentary is acting as an arm of the Daily Express.  Who act as the propaganda arm of an unelected government.  The same government who are spinning a narrative that includes cutting armed forces, police, fire, health, education, well everything yet still printing £375 billion and handing it over to the banks that caused the crisis through often through fraud and certainly through bad practice.

Help to Buy: Is another property bubble really a good idea? – Comment – Voices – The Independent

October 3, 2013 Leave a comment

Guardian Comment by greyridge on JP Morgan

September 19, 2013 1 comment

http://discussion.theguardian.com/comment-permalink/27144205

 

greyridge

Here’s Josh Rosner’s rap sheet of 23 laws broken by JP Morgan, excluding the London Whale trade. Why aren’t people going to jail for this?

1 Bank Secrecy Act violations;
2 Money laundering for drug cartels;
3 Violations of sanction orders against Cuba, Iran, Sudan, and former Liberian strongman Charles Taylor;
4 Violations related to the Vatican Bank scandal (get on this, Pope Francis!);
5 Violations of the Commodities Exchange Act;
6 Failure to segregate customer funds (including one CFTC case where the bank failed to segregate $725 million of its own money from a $9.6 billion account) in the US and UK;
7 Knowingly executing fictitious trades where the customer, with full knowledge of the bank, was on both sides of the deal;
8 Various SEC enforcement actions for misrepresentations of CDOs and mortgage-backed securities;
9 The AG settlement on foreclosure fraud;
10 The OCC settlement on foreclosure fraud;
11 Violations of the Servicemembers Civil Relief Act;
12 Illegal flood insurance commissions;
13Fraudulent sale of unregistered securities;
14 Auto-finance ripoffs;
15 Illegal increases of overdraft penalties;
16 Violations of federal ERISA laws as well as those of the state of New York;
17 Municipal bond market manipulations and acts of bid-rigging, including violations of the Sherman Anti-Trust Act;
18 Filing of unverified affidavits for credit card debt collections (“as a result of internal control failures that sound eerily similar to the industry’s mortgage servicing failures and foreclosure abuses”);
19 Energy market manipulation that triggered FERC lawsuits;
20 “Artificial market making” at Japanese affiliates;
21 Shifting trading losses on a currency trade to a customer account;
22 Fraudulent sales of derivatives to the city of Milan, Italy;
23 Obstruction of justice (including refusing the release of documents in the Bernie Madoff case as well as the case of Peregrine Financial).

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