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Posts Tagged ‘Washington Wall Street incest’

Americans Are Pissed Off from Being Pissed On

Posted by Larry Doyle on August 16th, 2013 9:38 AM |

What do readers think about launching a new means to measure consumer sentiment?

We can continue to measure Consumer Confidence, but I propose we also launch a monthly reading hereby defined as The Pissed Off Indicator.

Why do I sense that so many in our country are pissed off? For the very simple reason that they are sick and tired of being pissed on.

This sense of disgust is not healthy or conducive to growing our economy, but it strikes me as self-evident. I write on this topic today given a steady stream of commentary I have received from regular readers over the last few days.  (more…)

What’s Driving Today’s Vote?

Posted by Larry Doyle on November 2nd, 2010 9:08 AM |

Will there soon be a run on U-Hauls in Washington DC?

Later this evening we will learn just how many incumbents in Washington are sent packing. In the process, we will assuredly hear from political pundits on both sides of the aisle as to what Americans are saying with their vote. In my opinion, we can dismiss the pundits and the politicians alike. While we are at it, we can throw a heap of cold water over the media as well. How so? Why’s this?

The simple fact is the rage coiling within the American populace has been developing for well over a year and today that rage will be released. The force multiplier of that rage will send a message to Washington and every corner of our great nation that Americans are beyond fed up with politics as usual and the crony capitalism that has flourished within that system. This rage is far different than anything I have ever witnessed in my lifetime. I highlighted it a year ago. While the reality of the rage was clearly evident in late 2009, our political representatives from both sides of the aisle did little to nothing to address it. Today they will pay the price for their lack of attention to the American public.

Let’s take a quick look back to the pulse of our nation in November 2009. Has that pulse remained the same? (more…)

SEC Feeling the Heat on Freedom of Information

Posted by Larry Doyle on August 4th, 2010 7:29 AM |

Washington and Wall Street are skilled at utilizing smoke and mirrors to advance their collective agenda. The simple fact is most of our Washington operatives do not understand basic financial concepts. The reality of the situation is that our supposed leaders are content to remain blind to the realities of finance as long as Wall Street continues sending campaign funds their way.

Fortunately, others in our nation take a more impassioned view of the world and aggressively question where Washington often passes. To this end, I thank a friend who shared the following letter highlighted today at the Project on Government Oversight on our new favorite topic about the lack of transparency at the SEC.

This letter is comprehensive in addressing a number of critically important points. Do you ever wish that we could have representatives from these organizations questioning not only our elected officials, but also our appointed officials such as Mary Schapiro? I wish that all the time. Please take a few minutes to ponder the issues embedded in this letter. Ask yourself whom you really believe are protecting your interests.

August 3, 2010

Senator Christopher Dodd
Chairman
Senate Committee on Banking, Housing and Urban Affairs
534 Dirksen Senate Office Building
Washington, D.C. 20510 (more…)

SEC IG Report: George Demos Pimped Peter Sivere

Posted by Larry Doyle on January 28th, 2010 9:02 AM |

Who is George Demos? A former enforcement lawyer in the New York office of the SEC, currently running for Congress from Long Island.

Who is Peter Sivere? A former compliance employee at JP Morgan.

Sivere crossed paths with Demos in 2004 while providing information related to an investigation of questionable mutual fund trading activity. In the midst of Sivere’s engagement with the SEC, his confidence was violated. I highlighted this reality the other day in writing, “The SEC Pimped Peter Sivere.”

Who at the SEC blew Sivere’s cover? Today we learn it was George Demos. (more…)






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