Sorry, We No Longer Live In A Republic
The Market Ticker ® - Commentary on The Capital Markets
Posted 2010-10-20 11:35
by Karl Denninger
in Corruption
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Sorry, We No Longer Live In A Republic
 

This is simply unbelievable.

This is not an allegation by a layperson.  It is an allegation by a sitting judge.  It is a rank statement of corruption at the highest regulatory levels in our government's alleged protection system for investors.

That's twenty years of not acting as a judge but rather an announced and fulfilled intent to protect the corporate interests irrespective of the merits of the case.  It is rank fraud and the Judge accused remains on the bench. 

FOR TWENTY YEARS IT IS ALLEGED THIS INDIVIDUAL HAS INTENTIONALLY ****ED DEFRAUDED INVESTORS BY DENYING THEM THEIR DAY IN COURT.

What lawful recourse do we have left in this country when this level of rank corruption goes on for years, remains un-addressed, and continues to this very day with ZERO intervention by anyone in Congress or the Executive branch?

What choices, other than placing a stick in one's teeth and consenting to judicial******or open sedition do the people have left when there is no recourse to the law?

I thought I'd seen it all.

I was wrong.

Judge Painter Notice and Order.dcpdf-1
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User Info Sorry, We No Longer Live In A Republic in forum [Market-Ticker]
Aliveh
Posts: 4047
Incept: 2008-01-18
Gold
Los Angeles
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from the Matrix... "I know what you're thinking, 'cause right now I'm thinking the same thing. Actually, I've been thinking it ever since I got here: Why oh why didn't I take the BLUE pill?"
Schoolsout
Posts: 42
Incept: 2008-06-29

Awendaw, South Carolina
Banned
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Can't see doc (assume it is scribd) on work comp... can someone clarify what is said in it?
Dmj625
Posts: 436
Incept: 2010-03-01
Green
New Orleans, LA
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Does anyone else see the attachment? I get a "Error Converting the Document"

OT - I heard an ad on the radio here in New Orleans this morning offering loans against your auto title. Bring in your title and receive up to $1000 cash loan.

So now when you get in trouble paying your bills, you can hock your car (which btw gets your ass to work so you can pay your bills in the first place)? Unreal.

dmj625

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"The more that laws and regulations are given prominence, the more thieves and robbers there will be."
-Lao-tzu
Captainkidd
Posts: 594
Incept: 2010-05-25
Silver
Pasadena, Texas
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Kudos to him for bringing it out now.

But isn't he complicit, having stood by for 20 years knowingly allowing Levine to screw over plaintiffs?

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A lawyer with a briefcase can steal more than a thousand men with guns. --Mario Puzo

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. -- Henry Ford
127001
Posts: 3516
Incept: 2008-05-21
Green
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the world has not changed.
this is how the world works.
only our perception of it has changed.
think hard before asking it to be knocked over.
there might not be anything under it.

Pika-steph
Posts: 54735
Incept: 2007-09-11
Gold A True American Patriot!
Live Free Or Die; US Army Est. 1775
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He can ONLY act on the evidence presented. He cannot act outside of the law himself. So, while he might understand that what has happened is illegal, until it can be PROVED, he can do nothing. I believe that this is precisely why he is retiring.

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org/
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"The only regulation that really works is failure."--Rick Santelli
Brewmaster
Posts: 25
Incept: 2008-09-08
Green
California
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I'm just wondering why anybody would be surprised about ANYTHING anymore? You've been saying there's no law for three years and then shocked everyday when there is none. I feel like the smiley face banging my head on the wall endlessly! (Sorry I don't have any to those cute critters to cut and paste).
Skip
Posts: 137
Incept: 2008-09-30

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I'm pretty sure the pesky Republic was put down under Lincoln.
Skip
Posts: 137
Incept: 2008-09-30

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Do a search for the document "Judge Painter Notice and Order.dcpdf-1" and you can find a pdf version.
Pilot
Posts: 978
Incept: 2008-10-15
Green
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**** me......Unbelievable. I guess at some point all of us understand this has been..no MUST be going on...but to see it so bluntly, so ****ing BLATANTLY done is more than sobering.

I think Im going to be sick. This is NOT the America I grew up in.

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Alas, alas, that great city of Babylon, that mighty city! for in one hour thy judgment come"
Custodialmoney
Posts: 395
Incept: 2009-09-19
Green
The 'invisible hand' is in your pocket.
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If you can nod see the attachment look at this TF thread about this issue,
the thread references an article in the Washington Post.

http://tickerforum.org/akcs-www?post=169....



http://www.washingtonpost.com/wp-dyn/con....



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And on the pedestal these words appear: "My name is Ozymandias, king of kings: Look on my works, ye Mighty, and despair!"
Nothing beside remains. Round the decay / Of that colossal wreck, boundless and bare / The lone and level sands stretch far away. -- Percy Bysshe Shelley
Etz
Posts: 13893
Incept: 2007-06-26
Silver
LA
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Well Captainkidd, what do you suggest, that he brings his complaint to this guy? smiley
Quote:
Gary Gensler is the chairman of the U.S. Commodity Futures Trading Commission under President Barack Obama.

Gary Gensler spent 18 years at Goldman Sachs, making partner when he was 30, becoming head of the company’s fixed income and currency trading operations in Tokyo by the mid-’90s, and eventually the company’s co-head of finance.

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


Banana Republics the world over have nothing on these guys.




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Legal chicanery and beneficent darkness are the banker's stoutest allies - F.Pecora.

Azengrcat
Posts: 184
Incept: 2010-05-31

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http://www.cftc.gov/Contact/index.htm

Administrative Law Judge
Bruce Levine
202-418-5503

Chairman
Gary Gensler
202-418-5050
Snarkattack
Posts: 27
Incept: 2010-04-20

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Everyone is bought off. Standing up for what's right just gets you looked at like you have 3 heads. It's beyond real how there is 0 accountability and people just do'nt give a **** about how they are screwing others.
127001
Posts: 3516
Incept: 2008-05-21
Green
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pilot wrote..

This is NOT the America I grew up in.


Yes it was. Therein lies the rub, had you seen it then and been as enraged as today think of what all you missed out on. Think about all the memories you had over the past few decades thinking everything was fine being "the sheep". The reference above about the blue pill and the matrix is very accurate here. Most people do not want to see this and will refuse to see it even when it is in their face because they dont want to acknowledge they have lived their lives as a lie. That the future they hope for is a dream.

Denial is a huge part of the first stages of mourning, and if you were to accept something this big; it would certainly fall under mourning.

There is no way to fix it because it is not *broken*, this is how it works. The only thing broken is that we are talking about it.
Mesa
Posts: 1194
Incept: 2008-11-20


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America = rule by oligarchs.




Guess
Posts: 315
Incept: 2008-08-05
Green
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127001 - you are right. The internet just allows more people to see the way it truely is. It is happening everywhere in the world.

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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct
Plocequ1
Posts: 526
Incept: 2009-08-23

Boston,Mass
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Wow, Does this mean they will cancel Dancing with the stars? ( Sarcasm x100 )

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"Man looks into the Abyss, and there's nothin' staring back at him. At that moment, man finds his character, and that's what keeps him out of the Abyss"... Lou Mannheim, Wall Street."Its a huge **** sandwich and were all gonna have to take a bite"... Lt. Lockhart , Full Metal Jacket.

Sharon
Posts: 4354
Incept: 2008-02-10
Green
Odessa, Missouri
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I once brought a pro se action to court. Proved my case. It was thrown out on a technicality.

The fix is in--nearly always--though I have known people who've succeeded at getting attorneys disbarred, acting pro se. Must've found an honest judge. I don't think there are many left.

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Semper ubi sub ubi.
Fatherofreds
Posts: 401
Incept: 2010-01-07

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Quote of the year right here-

127001 said "The only thing broken is that we are talking about it."

Perhaps a unintended consequence of the Net. Leave It To Beaver was just a TV show. Never reality. Father of Reds

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My wife complains I fart all night long. I passed gas for thirty years and she wants me to change now?
Hihoherewego
Posts: 931
Incept: 2009-02-25

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Quote:
Banana Republics the world over have nothing on these guys.



IMO, we're moving away from just being another run-of-the-mill Banana Republic and are moving into becoming a Rotten Tomato Republic. Albeit dressed in Armani Suits.


.........................

http://www.usdebtclock.org/


Ct1977
Posts: 231
Incept: 2009-08-13

East Hartford, CT
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Unreal.

Karl, why should we follow the laws anymore? Why? I guess I can go out and do what ever the hell I want, steal whatever I want, hurt whoever I want.

This country has become sick joke.
Djloche
Posts: 3280
Incept: 2008-07-07
Silver
In the Mountains
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well you know what they say, Sedition Not Sedation

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"If we wish to be free, we must fight! I repeat it, sir, we must fight! An appeal to arms and to the God of Hosts is all that is left us! Gentlemen may cry, "Peace! Peace!" -- but there is no peace. The war is actually begun! Our brethren are already in the field! Why stand we here idle?"
Popothebright
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Bangkok
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In America the choice of political party is little more than a choice of which corrupt management team implements the corporate agenda.
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