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	<title>Comments on: The Department Of Justice Is On Line Two</title>
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	<description>What happened to the global economy and what we can do about it</description>
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		<title>By: The Department Of Justice Is On Line Two &#124; EthicalMarkets.com</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-12494</link>
		<dc:creator><![CDATA[The Department Of Justice Is On Line Two &#124; EthicalMarkets.com]]></dc:creator>
		<pubDate>Thu, 30 Apr 2009 19:58:44 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-12494</guid>
		<description><![CDATA[[...] The Baseline Scenario Posted: 17 Apr 2009 03:10 AM PDT [...]]]></description>
		<content:encoded><![CDATA[<p>[...] The Baseline Scenario Posted: 17 Apr 2009 03:10 AM PDT [...]</p>
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		<title>By: cristina lindblad</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11411</link>
		<dc:creator><![CDATA[cristina lindblad]]></dc:creator>
		<pubDate>Tue, 21 Apr 2009 20:32:06 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11411</guid>
		<description><![CDATA[Best headline I read today!]]></description>
		<content:encoded><![CDATA[<p>Best headline I read today!</p>
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		<title>By: JC</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11391</link>
		<dc:creator><![CDATA[JC]]></dc:creator>
		<pubDate>Tue, 21 Apr 2009 16:12:16 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11391</guid>
		<description><![CDATA[AA, hard to know where to begin given your response. I am and have been skeptical of our government and corporate leaders for many years. Just as I am skeptical about the motivations of people, in general. We all act in what we believe is our own self-interest everywhere on the planet.

Your response barrages us with generalizations without proofs. It is clear based on that response and your others that you don&#039;t like the U.S. and I can understand that given your financial losses.

If you would like I can provide you with reports of current and historic corruption from all over the world, but again, what would be the point.

I accept your premise that man is greedy and manipulative. That power and wealth can and more often than not does corrupt. What I don&#039;t accept is that the U.S. has the market cornered on those behaviors or that the people who live here are unaware.

I suspect that those that really care about what is happening feel that they can&#039;t have any impact short of armed revolt and it isn&#039;t realistic to believe that is going to happen. It didn&#039;t happen in the 1930&#039;s and it isn&#039;t going to happen now.

If we vote the bastards out we will end up with a new set of bastards.]]></description>
		<content:encoded><![CDATA[<p>AA, hard to know where to begin given your response. I am and have been skeptical of our government and corporate leaders for many years. Just as I am skeptical about the motivations of people, in general. We all act in what we believe is our own self-interest everywhere on the planet.</p>
<p>Your response barrages us with generalizations without proofs. It is clear based on that response and your others that you don&#8217;t like the U.S. and I can understand that given your financial losses.</p>
<p>If you would like I can provide you with reports of current and historic corruption from all over the world, but again, what would be the point.</p>
<p>I accept your premise that man is greedy and manipulative. That power and wealth can and more often than not does corrupt. What I don&#8217;t accept is that the U.S. has the market cornered on those behaviors or that the people who live here are unaware.</p>
<p>I suspect that those that really care about what is happening feel that they can&#8217;t have any impact short of armed revolt and it isn&#8217;t realistic to believe that is going to happen. It didn&#8217;t happen in the 1930&#8242;s and it isn&#8217;t going to happen now.</p>
<p>If we vote the bastards out we will end up with a new set of bastards.</p>
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		<title>By: liz</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11232</link>
		<dc:creator><![CDATA[liz]]></dc:creator>
		<pubDate>Mon, 20 Apr 2009 13:31:27 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11232</guid>
		<description><![CDATA[The best predictor of future behavior is past behavior]]></description>
		<content:encoded><![CDATA[<p>The best predictor of future behavior is past behavior</p>
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		<title>By: adios amigos</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11206</link>
		<dc:creator><![CDATA[adios amigos]]></dc:creator>
		<pubDate>Mon, 20 Apr 2009 06:23:09 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11206</guid>
		<description><![CDATA[JC,
The point being, that people KNOW that the other courts are corrupt. Would you agree that a more dangerous system is one where people BELIEVE the court system to be fair and just, but it is in fact deeply corrupt? At least under the scenario of known corruption, people are aware of what they are facing. 

I read recently of two american Judges, who were sentencing children to a prison that the two Judges owned. They were sentencing kids to long prison terms for VERY minor &quot;crimes&quot;, and doing this to keep their prison population high. 

Additionally, there is something very wrong when your prison populations are clearly the highest on the planet, and in many cases much higher per capita than other industrialized nations. I believe the reality is that your court system has been deeply corrupted by politics....like everything else in america. There is no harm or embarrassment in admitting that, but there can be massive damage done by not admitting it. In fact, it is more embarrassing to continue to deny how corrupt things are, than it is to take action. Look at what is happening with this financial issue....has ANYONE even been indicted? No....and how can that be? CORRUPTION. The criminals have purchased your politicians. In fact, the politicians (lawmakers) have actually appointed the criminals to figure out how to solve the issue, and &quot;the issue&quot; is the fact that the criminals stole money. In light of this fact, is it any wonder that we, the people living elsewhere, are really beginning to wonder what the hell your thinking about over there? 
AA]]></description>
		<content:encoded><![CDATA[<p>JC,<br />
The point being, that people KNOW that the other courts are corrupt. Would you agree that a more dangerous system is one where people BELIEVE the court system to be fair and just, but it is in fact deeply corrupt? At least under the scenario of known corruption, people are aware of what they are facing. </p>
<p>I read recently of two american Judges, who were sentencing children to a prison that the two Judges owned. They were sentencing kids to long prison terms for VERY minor &#8220;crimes&#8221;, and doing this to keep their prison population high. </p>
<p>Additionally, there is something very wrong when your prison populations are clearly the highest on the planet, and in many cases much higher per capita than other industrialized nations. I believe the reality is that your court system has been deeply corrupted by politics&#8230;.like everything else in america. There is no harm or embarrassment in admitting that, but there can be massive damage done by not admitting it. In fact, it is more embarrassing to continue to deny how corrupt things are, than it is to take action. Look at what is happening with this financial issue&#8230;.has ANYONE even been indicted? No&#8230;.and how can that be? CORRUPTION. The criminals have purchased your politicians. In fact, the politicians (lawmakers) have actually appointed the criminals to figure out how to solve the issue, and &#8220;the issue&#8221; is the fact that the criminals stole money. In light of this fact, is it any wonder that we, the people living elsewhere, are really beginning to wonder what the hell your thinking about over there?<br />
AA</p>
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		<title>By: adios amogos</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11153</link>
		<dc:creator><![CDATA[adios amogos]]></dc:creator>
		<pubDate>Mon, 20 Apr 2009 01:05:46 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11153</guid>
		<description><![CDATA[Exactly, nor will I do business with corrupt people in the future. The interesting thing, is that america depends on investment from overseas....that&#039;s done. Not happening any more. So, now what America? Can you survive by stealing from each other?

AA]]></description>
		<content:encoded><![CDATA[<p>Exactly, nor will I do business with corrupt people in the future. The interesting thing, is that america depends on investment from overseas&#8230;.that&#8217;s done. Not happening any more. So, now what America? Can you survive by stealing from each other?</p>
<p>AA</p>
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		<title>By: adios amogos</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11151</link>
		<dc:creator><![CDATA[adios amogos]]></dc:creator>
		<pubDate>Mon, 20 Apr 2009 00:55:58 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11151</guid>
		<description><![CDATA[Due diligence? Well, we actually paid fee&#039;s to your ratings agencies to do that. Big mistake trusting S&amp;P, Fitch and Moodys to actually report accurate ratings on these assets. We won&#039;t EVER make that mistake again. I know I won&#039;t, nor will ANYONE I know. God forbid we scould ever do that again.

Have you heard of the Downing Street memo, regarding Iraq? You may want to get, and read a copy of it. 

Tell me, when will you all finally face the reality of the status of America? You are living in a very corrupt and dangerous place. No harm in admitting that. However, there is a huge harm in NOT admitting that. If you are a &quot;Patriot&quot;, admit it has gotten out of hand, and do something. It&#039;s YOUR country....be a Patriot...act. Continuing to allow the crimes to go unchecked, will lead to a collapse.

I understand that you want to believe that everything your country does is &quot;for the best&quot;. I understand that average Americans are somewhat brainwashed into thinking that everything Washington does is in the best interest of the people, but reality seems to indicate otherwise. Try and see reality...if you can.

AA]]></description>
		<content:encoded><![CDATA[<p>Due diligence? Well, we actually paid fee&#8217;s to your ratings agencies to do that. Big mistake trusting S&amp;P, Fitch and Moodys to actually report accurate ratings on these assets. We won&#8217;t EVER make that mistake again. I know I won&#8217;t, nor will ANYONE I know. God forbid we scould ever do that again.</p>
<p>Have you heard of the Downing Street memo, regarding Iraq? You may want to get, and read a copy of it. </p>
<p>Tell me, when will you all finally face the reality of the status of America? You are living in a very corrupt and dangerous place. No harm in admitting that. However, there is a huge harm in NOT admitting that. If you are a &#8220;Patriot&#8221;, admit it has gotten out of hand, and do something. It&#8217;s YOUR country&#8230;.be a Patriot&#8230;act. Continuing to allow the crimes to go unchecked, will lead to a collapse.</p>
<p>I understand that you want to believe that everything your country does is &#8220;for the best&#8221;. I understand that average Americans are somewhat brainwashed into thinking that everything Washington does is in the best interest of the people, but reality seems to indicate otherwise. Try and see reality&#8230;if you can.</p>
<p>AA</p>
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		<title>By: agrotera</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11137</link>
		<dc:creator><![CDATA[agrotera]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 22:48:00 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11137</guid>
		<description><![CDATA[Hey Wampeter, glad you have ventured out! 

the biggest joke is that part of Mr. Obama&#039;s platform was about lobbyists...i guess he wanted to hamstring every lobbyist except bankers to give the cartel the over the top power they needed to get by with this extra special long awaited scam.]]></description>
		<content:encoded><![CDATA[<p>Hey Wampeter, glad you have ventured out! </p>
<p>the biggest joke is that part of Mr. Obama&#8217;s platform was about lobbyists&#8230;i guess he wanted to hamstring every lobbyist except bankers to give the cartel the over the top power they needed to get by with this extra special long awaited scam.</p>
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		<title>By: JC</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11116</link>
		<dc:creator><![CDATA[JC]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 17:20:13 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11116</guid>
		<description><![CDATA[AA, you bet there are plenty of honest courts as well as dishonest. What you suggest about the American system can be said about judicial systems around the world, so what is your point?]]></description>
		<content:encoded><![CDATA[<p>AA, you bet there are plenty of honest courts as well as dishonest. What you suggest about the American system can be said about judicial systems around the world, so what is your point?</p>
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		<title>By: anne</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11106</link>
		<dc:creator><![CDATA[anne]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 15:46:21 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11106</guid>
		<description><![CDATA[Carol - I&#039;m with you - feeling naive to confess to the extent of my shock over the failure of American &quot;meritocracy&quot; (unless you&#039;re on Wall Street or in D.C.)

But I&#039;m shocked to the core at the failure of American business leadership to focus on sustainable profit for their organizations.]]></description>
		<content:encoded><![CDATA[<p>Carol &#8211; I&#8217;m with you &#8211; feeling naive to confess to the extent of my shock over the failure of American &#8220;meritocracy&#8221; (unless you&#8217;re on Wall Street or in D.C.)</p>
<p>But I&#8217;m shocked to the core at the failure of American business leadership to focus on sustainable profit for their organizations.</p>
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		<title>By: Carol</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11104</link>
		<dc:creator><![CDATA[Carol]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 15:29:05 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11104</guid>
		<description><![CDATA[Funny that I have to reply to my own comment, and can&#039;t directly reply to Anonymous below.

Charity doesn&#039;t have to &quot;come from people who get rich.&quot; Lots of &quot;poor&quot; people are generous. I don&#039;t think rich people are the source of all charity (or wealth). In fact, the older I get, the more I think true generosity is giving time as much as money. Just look at all the lonely elderly people who could use a few minutes attention from a friendly neighbor.

I don&#039;t demonize rich people, and I&#039;m too old to be blinded by what other people say. By some peoples&#039; standards, I&#039;m rich myself! But I don&#039;t admire wealthy people simply for their money, but for what they do with their time and money.]]></description>
		<content:encoded><![CDATA[<p>Funny that I have to reply to my own comment, and can&#8217;t directly reply to Anonymous below.</p>
<p>Charity doesn&#8217;t have to &#8220;come from people who get rich.&#8221; Lots of &#8220;poor&#8221; people are generous. I don&#8217;t think rich people are the source of all charity (or wealth). In fact, the older I get, the more I think true generosity is giving time as much as money. Just look at all the lonely elderly people who could use a few minutes attention from a friendly neighbor.</p>
<p>I don&#8217;t demonize rich people, and I&#8217;m too old to be blinded by what other people say. By some peoples&#8217; standards, I&#8217;m rich myself! But I don&#8217;t admire wealthy people simply for their money, but for what they do with their time and money.</p>
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		<title>By: Leftout</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11103</link>
		<dc:creator><![CDATA[Leftout]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 15:21:41 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11103</guid>
		<description><![CDATA[Defining all this as D&#039;s and R&#039;s and left and right is EXACTLY why we never make any progress. It has now boiled down to RIGHT and WRONG. HAVES and HAVE NOTS. RELATIVISTS and PRINCIPLED. Either you care about people, including your own place within a community or you care about yourself and only those immediately around you.]]></description>
		<content:encoded><![CDATA[<p>Defining all this as D&#8217;s and R&#8217;s and left and right is EXACTLY why we never make any progress. It has now boiled down to RIGHT and WRONG. HAVES and HAVE NOTS. RELATIVISTS and PRINCIPLED. Either you care about people, including your own place within a community or you care about yourself and only those immediately around you.</p>
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		<title>By: Wampeter of My Karass</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11098</link>
		<dc:creator><![CDATA[Wampeter of My Karass]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 14:48:27 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11098</guid>
		<description><![CDATA[Start paying attention. The D&#039;s have surely been coopted by crackpots as well. Take an honest look at Obama&#039;s political background-- he&#039;s about as far to the left as anyone could have imagined. His &quot;move to the center&quot; was about as calculated a political move as there ever has been. And when you consider the gigantic amount of campaign funding he got from wall street executives-- which was publicly available knowledge BEFORE the election-- anybody who voted for him and is surprised at how he has caved to their interests is not just ignorant, but irresponsible.]]></description>
		<content:encoded><![CDATA[<p>Start paying attention. The D&#8217;s have surely been coopted by crackpots as well. Take an honest look at Obama&#8217;s political background&#8211; he&#8217;s about as far to the left as anyone could have imagined. His &#8220;move to the center&#8221; was about as calculated a political move as there ever has been. And when you consider the gigantic amount of campaign funding he got from wall street executives&#8211; which was publicly available knowledge BEFORE the election&#8211; anybody who voted for him and is surprised at how he has caved to their interests is not just ignorant, but irresponsible.</p>
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		<title>By: Anonymous</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11096</link>
		<dc:creator><![CDATA[Anonymous]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 14:34:02 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11096</guid>
		<description><![CDATA[Carol, while I admire your underlying feeling of compassion here I have to say that you don&#039;t get anything in this country without the pain that comes with change. Some people choose to deal with it quickly, they change jobs experience the pain that comes with learning a new skill and making less for a time and then they thrive. Others hold on to the bitter end and have to deal with the repercussions that come with that decision. 

Heck, I decided to go into business for myself 4 years ago. It was the most painful thing I ever did. I went from a nice comfortable wage to earning NOTHING! I depleted all of my retirement savings in the process that was painful. Now, I am at long last starting to make some real money and I am my own boss. I went through a very painful process and am now starting to see the rewards that come from risk taking. 

Successful businesses make people rich. Charity comes from people who get rich. It is all connected together. Don&#039;t let others blind you into thinking that prosperity comes from demonizing rich people.]]></description>
		<content:encoded><![CDATA[<p>Carol, while I admire your underlying feeling of compassion here I have to say that you don&#8217;t get anything in this country without the pain that comes with change. Some people choose to deal with it quickly, they change jobs experience the pain that comes with learning a new skill and making less for a time and then they thrive. Others hold on to the bitter end and have to deal with the repercussions that come with that decision. </p>
<p>Heck, I decided to go into business for myself 4 years ago. It was the most painful thing I ever did. I went from a nice comfortable wage to earning NOTHING! I depleted all of my retirement savings in the process that was painful. Now, I am at long last starting to make some real money and I am my own boss. I went through a very painful process and am now starting to see the rewards that come from risk taking. </p>
<p>Successful businesses make people rich. Charity comes from people who get rich. It is all connected together. Don&#8217;t let others blind you into thinking that prosperity comes from demonizing rich people.</p>
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		<title>By: Anonymous</title>
		<link>http://baselinescenario.com/2009/04/17/the-department-of-justice-is-on-line-two/#comment-11093</link>
		<dc:creator><![CDATA[Anonymous]]></dc:creator>
		<pubDate>Sun, 19 Apr 2009 13:52:50 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=3345#comment-11093</guid>
		<description><![CDATA[I don&#039;t owe you anything. Did you do any due diligence on your investments before you bought them or did you just buy them because they were the hot product sweeping europe? Did you just look at the yield and say, &quot;Well, good enough for me!&quot; Next, did you really UNDERSTAND what it was you were buying? Most people didn&#039;t and I don&#039;t feel bad for people who buy things they don&#039;t understand just to try and enhance returns. You are responsible for your own losses.

Again, I know you are licking your chops hoping that this country falls into ruin but it isn&#039;t going to happen. I guess Iraq was better off in the hands of a man that would kill family members in the middle of the night and throw the body onto a pile of others and bury them. We had a hearing and investigation over the matter, something that the rest of the family would have been killed for by Sadaam if they tried to complain to him. Think about it. Your logic is flawed.]]></description>
		<content:encoded><![CDATA[<p>I don&#8217;t owe you anything. Did you do any due diligence on your investments before you bought them or did you just buy them because they were the hot product sweeping europe? Did you just look at the yield and say, &#8220;Well, good enough for me!&#8221; Next, did you really UNDERSTAND what it was you were buying? Most people didn&#8217;t and I don&#8217;t feel bad for people who buy things they don&#8217;t understand just to try and enhance returns. You are responsible for your own losses.</p>
<p>Again, I know you are licking your chops hoping that this country falls into ruin but it isn&#8217;t going to happen. I guess Iraq was better off in the hands of a man that would kill family members in the middle of the night and throw the body onto a pile of others and bury them. We had a hearing and investigation over the matter, something that the rest of the family would have been killed for by Sadaam if they tried to complain to him. Think about it. Your logic is flawed.</p>
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