reply to post by Stormdancer777
Holy cow, thank you for the informative post along with the explanation, I needed that,
In regards to is it common. To a certain extent yes. Most Senators and Congress people are selected from the field of law, by party orginizations that
encourage them to run for office and provide the initial backing and imputous for them to do so.
For Lawyers the most lucrative pay days are corporate mergers and acquisitions. Fellow Lawyers once elected constantly write more legislation how to
make mergers and acquisitions more complex, thus more lucrative for their fellow lawyers.
In this case where often mergers and acquisitions result in golden parachute payments it doesn't behove the lawyers who get paid to negotiate them to
do away with them. The 12,000,000 package to a failed or no longer needed executive is just another lengthy contract to negotiate, discuss through
phone calls and meetings and write into a contract that some powerful and influential lawyer will make tens of not hundreds of thousands of dollars
off of himself.
This is just but one example of how lawyers are elected to help other lawyers make the most profitable use of the law. In the end AIG excecutives are
being paid for one reason and one reason only regardless of public oppinion.
It's in their contract. Contract law is the most important and binding form of law in the nation. Lawyers are the main public beneficiaries of
When companies like Lehman Brothers or Washington Mutual go bust, it's the lawyers who step in to do thousands of thousands of highly paid work to
sort out the pieces to write into new contracts regarding who is now getting those pieces and what their responsibilities and liabilities are in the
The more messy all these big corporations become the more lawyers they need and the more they have to pay them to straighten out the mess.
Lawyers also help hide thefts by attempting to prove those who stole money were innocent of any impropriety. They make more money doing that too.
While we all sit around protesting and worrying about a government that gets ever bigger and more intrusive the lawyers who interpet, exploit, fight
and get paid to look for the loopholes in the laws that often other lawyers make for them get rich in the process and get all the more work for it.
That is the political process on a domestic level and what really compells the behind the scenes people who finance it and give publicity to
politicians is about.
Internationally you think we hate Fidel because he is communist, and we hate Iran because they are threatening the world and Israel with a nuclear
We hate them because Fidel voided all his contracts with American Corporations and siezed their property and refused to enter into negotiations with
lawyers to settle the matter for their corprorate clients. Same thing in the Iranian revolution.
So much of what happens in politics is just to make contract law lucrative for the lawyers and criminal law lucrative for the lawyers.
The more you can criminalize the more lawyers make money defending it.
The more you can write into contract law the more that lawyers can both sheild the big money crooks of the world and make them money in the process
through complex bankruptcies, mergers and acquisitions.
In this system and this is pretty much the system, the President becomes the figure head to keep the majority of the people calm and ease their fears
and uncertainties about a system that really doesn't serve them, and to do his best to convince them it does serve them by being the public face of
So yes it's common.
It's very uncommon to put such a rank amature into the position of figurehead and develop a cult of personality around him.
That means some big money is out there to be made for the lawyers who want as many people as possible loving the figure head while big business and
big law take the inside information to exploit into money in the bank even while they are exploiting the bank.
By the way agency heads like say the head of the Security and Exchange Commission almost always come too from the law field and from congress or the
senate and they are more responsible in those positions to turn a blind eye to the inside information and exploitation of the system which is
typically done by the people who arranged the appointment for them.
It's all a criminal enterprise that is simply not criminal because it has LAW as in well it's the LAW in front of it and behind it to legitimize the
thefts and extortions.
In the meantime you teach the kids all about George Washington and Abraham Lincoln and what lucky people we are to live in our 'free' and 'open'
society and how we are the shining light of the world and how this country and that country and this system and that system sucks and the people who
have to live under them hate them.
The kids who grow up and are able to come to terms with the frightening reality of the larcenous way government and business are run, get sucked right
into it to become the Bernie Madoffs of tomorrow and the Tony Rezkos.
The ones who can't wrap their brain around it put their hands on their heart at the football game and sing the National Anthem with tears in their
eyes, and will just tell you, it isn't so. We live in the best country on earth and I get to vote. It's free, it's fair and your a paranoid nut!
Everyonce in a while they throw a wolfe to the lions to make it look real.
The rest of the time it's just lawyers, publicists and agents spinning a tail to hide it all from people who don't have the inclination or fortitude
to see it.
Of course with crime the more you get away with the greedier and more blatant you become as you become more and more convinced there is no way you are
ever going to get caught or stopped.
That's the phase American Government and business is in now, and when and if people ever do start reaching for the torches and start heating up the
tar and plucking feathers off the chicken they usually do have it times so some strong authoritative dictatorial leader can clamp down on it and make
the big criminals exit a safe and profitible one.