« Kabul Embassy Guards Back in the Spotlight | Main | Contracting Responsibility Database Improved, but Still Misses the Mark »

Mar 23, 2010


Bob Burns

It's so depressing to see the fed being taken over by the corporatists. The SEC is just the tip of the iceberg. It's pretty clear to me that virtually every regulatory agency has been co-opted by those that are supposed to be regulated.

Name your alphabet agency and the story is pretty much the same.


An interesting development is that, even after two months, STILL no media has touched the biggest lawsuit ever filed in world history. The Securities and Exchange Commission was slapped with a $3.87 TRILLION PONZI SCHEME Lawsuit on January 27th, 2010, filed in UNITED STATES DISTRICT COURT,CENTRAL DISTRICT OF CALIFORNIA, Case Number CV10-00031 JVS (MLGx). Makes me wonder if even this post will be allowed to appear in this blog.

Joe Carson

When do we see the bigger picture? The "merit systems principles" - the core values of the federal civil service - are battered, as a result of U.S. Office of Special Counsel and U.S. Merit Systems Protection Board renouncing, at their creation in 1979, vital statutory duties to protect federal employees from agency violations of the "merit system principles" which are termed "prohibited personnel practices (PPP's)" and includes the whistleblower reprisal type PPP.

As a result, the current and former Chairmen of SEC, since 1979, have been unable to comply with their statutory duty to "prevent PPP's" in SEC as documented in Carson v. SEC, docket no. 09-615, Eastern District of TN at Knoxville.

Until 31 years of lawbreaking at U.S. Office of Special Counsel and U.S. Merit Systems Protection Board is exposed and stopped, SEC cannot be fixed.


Wow. Just incredible. The fact that congress (both Republicans and Democrats), the president, the SEC itself, the Attorney generals AND THE FREAKING PUBLIC, continue to be quieter than a church mouse regarding this case and others (recent Lehman news) speaks loud warnings that corruption runs rampant and that unfortunately America is broken.


This is not the SEC at it's worst. That investigation is ongoing and will top even Madoff's deal based on the intent of the outcome of a case designed by the SEC and outside parties.

The comments to this entry are closed.