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  • Category Archives CBC News “The National”
  • Exceptionalism Made American Great

    Exceptionalism Made American Great

    American Exceptionalism stems from the United States emergence from the American Revolution.

    Political scientist Seymour Martin Lipset called it “THE FIRST NEW NATION” DEVELOPING A UNIQUELY AMERICAN IDEOLOGY, “AMERICANISM”, BASED ON LIBERTY, EGALITARIANISM, INDIVIDUALISM, REPUBLICANISM, DEMOCRACY AND LAISSEZ-FAIRE FOR BUSINESS.

    As Abraham Lincoln put it in the Gettysburg address (1863),
    Americans have a duty to see that “government of the people, by the people, for the people, shall not perish from the earth.”

    It is our obligation to our dead—it is our sacred obligation’ to their children and to our children-

    THAT WE MUST NEVER FORGET WHAT WE HAVE LEARNED.

    AMERICAN PEOPLE FOUGHT AND WON THE REVOLUTION, THE U.S. GOVERNMENT ACTED, WROTE, SIGNED, SEALED AND DELIVERED THE DECLARATION OF INDEPENDENCE,THE CONSTITUTION OF THE UNITED STATES OF AMERICA AND THE BILL OF RIGHTS TO THE AMERICAN PEOPLE.

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    AMERICAN EXCEPTIONALISM IS ONE OF THREE RELATED IDEAS.
    THE FIRST IS THAT THE HISTORY OF THE UNITED STATES IS INHERENTLY DIFFERENT FROM OTHER NATIONS.
    SECOND IS THE IDEA THAT AMERICA HAS A UNIQUE MISSION TO TRANSFORM THE WORLD.
    THIRD IS THE SENSE THAT ITS HISTORY AND ITS MISSION GIVE THE UNITED STATES A SUPERIORITY OVER OTHER NATIONS.

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    MR TRUMP IS AN EXCEPTIONAL CANDIDATE FOR AMERICAN PRESIDENT.

    THE GOP HIGH COMMAND SEEMS INCAPABLE OF STOPPING HIM.

    A HOSTILE TAKEOVER OF THE REPUBLICAN PARTY BY DONALD TRUMP?

    A hostile takeover is the acquisition of one company (called the target company) by another (called the acquirer) that is accomplished not by coming to an agreement with the target company’s management, BUT BY GOING DIRECTLY TO THE COMPANY’S SHAREHOLDERS or fighting to replace management in order to get the acquisition …

    ON SUPER TUESDAY DONALD TRUMP’S HOSTILE TAKEOVER

    NOT BY COMING TO AN AGREEMENT WITH THE GOP’S ESTABLISHMENT

    BUT BY GOING DIRECTLY TO THE COUNTRY’S SHAREHOLDERS

    THE AMERICAN PRESIDENT MUST BE AN EXCEPTIONAL DEAL MAKER.

    TRUMP MADE AN EXCEPTIONAL DEAL WITH WORKING  AMERICAN PEOPLE.

    TRUMP- SHALL “MAKE AMERICA GREAT AGAIN”

    THE GOP HIGH COMMAND SEEMS INCAPABLE OF STOPPING HIM.

    Mar. 3, 2016, Republican presidential frontrunner Donald Trump’s dominant start to the presidential primary process looks LIKE IT COULD CONTINUE OVER THE NEXT SEVERAL WEEKS, ACCORDING TO POLLS surveying upcoming state’s contests.

    Thirteen states hold primaries or caucuses over the next two weeks. Of them, TRUMP IS LEADING POLLS IN NINE, according to the RealClearPolitics average, including some of the most important, winner-take-all states.

    Polls were accurate in predicting Trump wins in New Hampshire, South Carolina, Nevada, Vermont, Virginia, Alabama, Georgia, Massachusetts, and Tennessee.

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    Brewer: GOP Establishment’s Attacks on Trump Will Backfire

    Fox News Insider2 days ago She said she’s disappointed that the GOP establishment has their chosen candidates and …
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    THE HARDEST TUMBLE A PARTY CAN TAKE IS TO FALL OFF HIS OWN BLUFF

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    Beyond Distrust: How Americans View Their Government …

    www.people-press.org/…/beyond-distrust-how-americans-view-their-gov

    Nov 23, 2015 – A year ahead of the presidential election, the American public is deeply … Currently, just 19% say they can trust the government always or most ….

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    American Presidential Candidate Marco Rubio, a member of the GOP Establishment actually said…..

    You know what they say about men with small hands — you can’t trust them.”

    81% OF AMERICAN PUBLIC  SAID,

    “YOU CAN’T TRUST THE AMERICAN GOVERNMENT”

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    THE HARDEST TUMBLE A PARTY CAN TAKE IS TO FALL OFF HIS OWN BLUFF

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    MR TRUMP IS AN EXCEPTIONAL CANDIDATE FOR PRESIDENT.

    THE POLITICO ESTABLISHMENT’S 2016 PRESIDENTIAL CAMPAIGN HOPEFULS DISCUSS?

    1. GREAT MINDS DISCUSS IDEAS
    2. AVERAGE MINDS DISCUSS EVENTS
    3. SMALL MINDS DISCUSS PEOPLE

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    WHAT KIND OF CRUDE MINDS DISCUSS THE SIZE OF A MAN’S HANDS?

    THE CBC TV NATIONAL REPORTER SMIRKED AND SAID SPECIFICALLY, “YOU ALL KNOW WHAT THEY SAY ABOUT MEN WITH SMALL HANDS? THEY HAVE A SMALL PENIS. ” AND SENT THE WHOLE WORD LAUGHING.

    ————————–
    American Presidential Candidate Marco Rubio was in full attack mode on Donald Trump Sunday night. Rubio said at a rally in Roanoke, Virginia, on Sunday “Have you seen his hands? You know what they say about men with small hands “Little Marco,” did a short bit about what he called Trump’s short digits during his rally in Roanoke, Virginia. “He’s like 6-2, which is why I don’t understand why his hands are the size of someone who is 5-2,”. “Have you seen his hands?

    You know what they say about men with small hands — you can’t trust them.”
    Indeed, and even A FORMER GOP CANDIDATE and Wisconsin Gov. Scott Walker got into the action on Tuesday afternoon sending out a picture of his hand.

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    ON March 3, 2016 FOX NEWS TV 2016 REPUBLICAN DEBATE HAD THREE MODERATORS MEGYN KELLY, BRET BAIER AND CHRIS WALLACE.

    THE FOX REPUBLICAN DEBATE DISCLOSED THREE PRESIDENTIAL MIND RELATED MENTALITIES

    I WATCHED, RUBIO, CRUZ, TRUMP AND KASICH DEBATE

    1. GREAT MINDS DISCUSSED IDEAS
    2. AVERAGE MINDS DISCUSSED EVENTS
    3. SMALL MINDS DISCUSSED PEOPLE

    I watched Trump’s response to Rubio’s attack on his man hands.
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    The March 3, 2016 FOX NEWS REPUBLICAN DEBATE
    THE GRAVE RESPONSIBILITY OF PUBLIC MEDIA, ALL RADIO STATIONS, NEWSPAPERS AND TV

    TO ALL NEWSPAPERS AND RADIO STATIONS—ALL THOSE WHO REACH THE EYES AND EARS OF THE AMERICAN PEOPLE—I SAY THIS: YOU HAVE A MOST GRAVE RESPONSIBILITY TO THE NATION NOW AND FOR THE DURATION OF THIS (ELECTION) WAR.

    If you feel that your Government is not disclosing enough of the truth, you have every right to say so.

    BUT—IN THE ABSENCE OF ALL THE FACTS, AS REVEALED BY OFFICIAL SOURCES—YOU HAVE NO RIGHT IN THE ETHICS OF PATRIOTISM TO DEAL OUT UNCONFIRMED REPORTS IN SUCH A WAY AS TO MAKE PEOPLE BELIEVE THAT THEY ARE GOSPEL TRUTH.
    ————————————————————
    I’m just asking? Just saying…
    WHAT IS THE GRAVE RESPONSIBILITY OF FOX NEWS TV 2016 REPUBLICAN DEBATE MODERATORS ON MEGYN KELLY, BRET BAIER AND CHRIS WALLACE?

    WHAT IS THE  GRAVE RESPONSIBILITY OF THE March 3, 2016 DEBATING PRESIDENTIAL CANDIDATES?
    RUBIO? CRUZ? TRUMP? KASICH?

    IN THE ABSENCE OF ALL THE FACTS, AS REVEALED BY OFFICIAL SOURCES—YOU HAVE NO RIGHT IN THE ETHICS OF PATRIOTISM TO DEAL OUT UNCONFIRMED REPORTS IN SUCH A WAY AS TO MAKE PEOPLE BELIEVE THAT THEY ARE GOSPEL TRUTH.
    ————————————————————-
    THE ELECTION OF A PRESIDENT IN THE UNITED STATES OF AMERICA?

    FOX NEWS CHANNEL (FNC), ALSO KNOWN AS FOX NEWS, is an American basic cable and satellite news television channel that is owned by the Fox Entertainment …

    ———————————–
    The March 3, 2016 FOX REPUBLICAN DEBATE PROVIDED SOME REALLY CRUDE ENTERTAINMENT
    (If you like Pee Wee Herman)

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    Stay connected with the most-trusted name in cable news through exclusive videos, show highlights and behind-the-scenes details.
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    CAMPAIGN SLOGANS FOR CANDIDATES?
    TRUMP- MAKE AMERICA GREAT AGAIN
    CRUZ – Reigniting the Promise of America
    RUBIO – A New American Century
    KASICH – K for US

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    The bottom line….

    AS A HARDWORKING AMERICA CITIZEN

    WHO DO YOU TRUST TO MAKE AMERICA GREAT AGAIN?


  • In one hour on “The National”

    Why watch CBC NEWS “The National”?
    Because “The National” exposes and reports
    on CRITICAL WORLD NEWS frequently IGNORED by US NEWS Media.
    Does DOCUMENTED TRUTH matter to you?
    DO YOU WANT QUESTIONS ASKED? AND ANSWERS?
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    12/09/13 In one hour on “The National” the following topics were covered.

    1. Canadian Socialized medical care for Alzheimer’s patients.

    2. NSA tracks nearly 5 billion cell phone locations overseas daily

    3. Snowden document shows Canada set up spy posts for NSA

    4. Document leaked by Edward Snowden reveals that Canada has been co-operating with U.S. spying initiatives for decades, Greg Weston …

    5. ‘Zero’ accountability on Canadian spies: Sen. Segal

    6. CBC.ca ‎- 22 hours ago … trading partners at the request of the U.S. National Security Agency. … the Communications Security Establishment Canada, or CSEC

    7. US Government Is Using Data From Major Internet … – CBC
    The U.S. National Security Agency (NSA) and the FBI regularly tap into the servers of … Yahoo, Google, Facebook, PalTalk, AOL, Skype, YouTube, and Apple.

    8. Are the world’s stock markets rigged?

    Markets Rigged Against You?
    Posted on December 10, 2013 2:29 pm by Pearl Rains Hewett Comment
    Why watch CBC NEWS “The National”? Got Stock?
    Amanda Lang looks at ways the financial system is rigged in some people’s favour

    CBC News Posted: Dec 09, 2013 12:45 PM ET
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    THE BOTTOM LINE
    Why watch CBC NEWS “The National”?
    Because “The National” exposes and reports
    on CRITICAL WORLD NEWS frequently IGNORED by US NEWS Media.
    Does DOCUMENTED TRUTH matter to you?
    DO YOU WANT QUESTIONS ASKED? AND ANSWERS?
    ———————————————————————————————————-
    READ ON FOR MEDIA DOCUMENTATION
    —————————————————————————————————

    • CBC News – The National
    www.cbc.ca/thenational/‎
    The National, the flagship nightly news and current affairs program from Canada’s public broadcaster, CBC.
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    Canadian Socialized medical care for Alzheimer’s patients.

    • Alzheimer’s causes half of long-term care cases – Health – CBC News
    www.cbc.ca/…/alzheimer-s-causes-half-of-long-term-care-cases-1.18617…‎
    Sep 20, 2013 – Nearly half of all seniors who need some form of long-term care … Overall, the nation has been investing about $400 million a year in Alzheimer’s research. … Eventually, patients lose the ability to do the simplest activities of …

    • Mother with dementia ‘warehoused,’ daughter says – Calgary – CBC …
    www.cbc.ca/…/mother-with-dementia-warehoused-daughter-says-1.2454…‎
    1 day ago – The daughter of an 84-year-old Calgary dementia patient is … She said housing dementia patients in acute care is a national problem, worse in …
    • News – CBC Player

    www.cbc.ca/player/News/‎
    15+ items – The daughter of an 84-year-old Calgary dementia patient is …

    The daughter of an 84-year-old Calgary dementia patient is speaking …
    • News for cbc the national alzheimer patient care

    1.BC woman’s death highlights challenge of keeping rising number of dementia patients safe
    Yahoo News Canada (blog) ‎- by Steve Mertl ‎- 2 hours ago
    … federal government to develop a national strategy to deal with dementia, … In October, a 91-year-old dementia patient who had gone missing twice in the last year, died after falling from a second-floor hospital window, CBC News reported. … system and bolstering the workforce devoted to dementia care.

    1.Mother with dementia ‘warehoused’
    CBC.ca‎ – 23 hours ago

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    Welcome to The National, the flagship nightly newscast of CBC News …
    … Are the world’s stock markets rigged?
    ‎Watch the Show – ‎On Tonight’s National – ‎The National – Mobile – ‎In Depth & Analysis

    12/09/13
    https://www.google.com/#q=cbc+the+national+nsa+spying
    http://globalnews.ca/news/1021066/edward-snowden-leaks-document-suggesting-csec-set-up-spy-posts-for-nsa/
    Canada

    Questions, but no answers about allegations Canada allowed U.S. to spy at G20
    • Canadian spy watchdog decries ‘misinformation’ flowing from recent Snowden leaks
    • U.S. spied during G20 summit in Toronto: report
    • Pornoleaks: Edward Snowden reveals NSA’s porn-watching activities
    • ‘Zero’ accountability on Canadian spies: Sen. Segal
    • NSA tracks nearly 5 billion cellphone locations overseas daily: Report
    • Edward Snowden reveals U.S., U.K. video game surveillance program
    • NSA defends tracking cellphones overseas

    1.News: Snowden document shows Canada set up spy posts for NSA
    CBC.ca ‎- 8 hours ago … has set up covert spying posts around the world and conducted espionage against trading partners at the request of the U.S. National Security Agency. … The leaked NSA document being reported exclusively by CBC News …
    Edward Snowden leaks document suggesting CSEC set up spy posts for NSA
    Globalnews.ca‎ – 7 hours agoMore news for cbc the national nsa spying »

    2.Canada spying for the NSA – The National – CBC Player
    www.cbc.ca › News › TV Shows‎
    22 hours ago – A document leaked by Edward Snowden reveals that Canada has been co-operating with U.S. spying initiatives for decades, Greg Weston …

    3.Canada set up spy posts for U.S., new Snowden document … – CBC
    www.cbc.ca/…/canada-set-up-spy-posts-for-u-s-new-snowden-document…‎
    16 hours ago – Canada has set up spying posts and conducted espionage at the request of the U.S. National Security Agency according to top secret …

    4.NSA document raises questions about Canada in G8 spying … – CBC
    www.cbc.ca/…/nsa-document-raises-questions-about-canada-in-g8-spyin…‎
    By Greg Weston, National Affairs Specialist, CBC News Posted: Dec 02, 2013 5:00 AM ET Last Updated: Dec 02, 2013 5:06 AM ET. An NSA document retrieved …

    5.NSA spying: Facebook, Google, Twitter demand controls … – CBC
    www.cbc.ca/…/nsa-spying-facebook-google-twitter-demand-controls-1.2…‎
    1 day ago – NSA spying: Facebook, Google, Twitter demand controls … that concerns over national security should be weighed against individual rights.
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    • News for cbc the national rigged
    1.Market Manipulation
    CBC.ca ‎- 21 hours ago Stories of powerful people rigging the financial system are getting … the system is rigged against you on The National on Monday night. It airs tonight at 9 and 11 p.m. on CBC News Network, and at 10 pm on CBC Television.
    1.Interest rate rigging nets $2.3B fine for global banks
    CBC.ca‎ – 6 days ago
    2.Ex-Premier League players involved in new match-fixing claim
    CBC.ca‎ – 1 day ago
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    • CBC News – The National
    www.cbc.ca/thenational/‎
    The National, the flagship nightly news and current affairs program from Canada’s public broadcaster, CBC.

    … Are the world’s stock markets rigged?
    ‎Watch the Show – ‎On Tonight’s National – ‎The National – Mobile – ‎In Depth & Analysis
    • Why the financial system’s fairness matters: Amanda Lang … – CBC
    www.cbc.ca/…/why-the-financial-system-s-fairness-matters-amanda-lang…‎
    17 hours ago – … a hard time identifying with stories about cheating and rigging in financial … Watch Amanda’s piece on The National, ‘How markets are rigged …
    ————————————————————————————————-


  • Markets Rigged Against You?

    Why watch CBC NEWS “The National”? Got Stock?
    Amanda Lang looks at ways the financial system is rigged in some people’s favour

    CBC News Posted: Dec 09, 2013 12:45 PM ET Last Updated: Dec 09, 2013 11:22 PM ET

    Why watch CBC NEWS “The National”?
    Because “The National” exposes and reports
    on CRITICAL WORLD NEWS frequently IGNORED by US NEWS Media.
    ————————————————————————————————–
    How markets are rigged against you
    it’s getting harder and harder to ignore the stories of powerful people cheating the system for their own gain. As the bad apples add up, it gets harder and harder to ignore a troubling realization — “everything is rigged.”
    ———————————————————————
    Case study: Detroit
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    Sorry, Fast and furious UPDATE on Detroit Dec.10, 2013

    Detroit the largest municipal bankruptcy in the history of the United States of America

    Detroit that has Guaranteed losers in a bankrupt city: Detroit’s promised pensions in doubt Opinion by D. Alexander Bullock | December 9, 2013 at 1:59 PM

    Detroit included in JPMORGAN $13 BILLION justice SETTLEMENT with $4 Billion in consumer relief directed at hard-hit areas

    and the same Detroit Hard hit with GOVERNMENT CORRUPTION
    —————————————————————–

    Case study: Detroit continued
    Detroit’s best known today as a case study in what happens to a declining manufacturing base. But the city was also home to a type of financial fakery that’s becoming all too common.
    ———————————————————————————————————

    How markets are rigged against you
    WATCH Amanda Lang’s piece on how the system is rigged against you on The National on Monday night. It airs tonight at 9 and 11 p.m. on CBC News Network, and at 10 pm on CBC Television

    I did watch.

    Amanda Lang looks at ways the financial system is rigged in some people’s favour
    CBC News Posted: Dec 09, 2013 12:45 PM ET Last Updated: Dec 09, 2013 11:22 PM ET

    Related Stories
    Competition bureau probes Canadian link to bank scandal
    U.S. banks face scrutiny over hoarding metals to fix prices
    Ex-Goldman director charged with insider trading
    Detroit’s bankruptcy shows even pensions aren’t safe
    Every day, trillions of dollars are exchanged by buyers and sellers on trading floors across the world. The places where that happens are colloquially known by the faceless moniker of “the markets” but every time somebody buys a barrel of oil, a shipment of potash, a Royal Bank share or a Japanese yen, there’s a real person behind that transaction.

    Historically, the system works because people have confidence in the rules and believe they are treated the same as anybody else.

    But it’s getting harder and harder to ignore the stories of powerful people cheating the system for their own gain. As the bad apples add up, it gets harder and harder to ignore a troubling realization — “everything is rigged.”

    That’s what financial journalist Matt Taibbi says in an interview with Amanda Lang airing on Monday night’s The National. After years of reporting on some of the best examples of Wall Street stacking the deck in its favour, Taibbi has concluded that the entire system underpinning the global economy is rigged in some form or another.

    And it’s not just financial markets that are at stake. The real economy, with factories, services, goods and jobs for real people, is under threat.

    ‘Certain people always win and certain people always lose.’- Matt Taibbi, financial journalist
    “There’s a few smaller, inside actors who always seem to win,” he told Lang. “They have more information than anyone else.”

    Everything from the price of food, to currencies, financial transactions known as “swaps” and interest rates are implicated, he says.

    “We’ve got a lot of work to get it back to some place where it’s at least close to fair. [Right now] it seems certain people always win and certain people always lose.”

    Case study: Detroit
    Detroit’s best known today as a case study in what happens to a declining manufacturing base. But the city was also home to a type of financial fakery that’s becoming all too common.

    Investment bank Goldman Sachs has been accused of creating an artificial shortage of aluminum by buying warehouses in the city to store the metal, and then intentionally causing delivery delays to create artificial profits.

    Why a Detroit-style bankruptcy is unlikely in Canada
    Through a subsidiary, Goldman owns 27 warehouses around the city, housing 1.5 million tons of aluminum, for customers who pay to store it there.

    The longer it’s there, the longer Goldman can charge its customers. But some started to complain that Goldman was making money by shuffling the metal between its warehouses — instead of out to its owners — and charging them more rent in the process.

    The story drew the eye of New York Times journalist David Kocieniewski.

    Galleon founder Raj Rajaratnam is accused of earning $63 million on illegal stock tips. (Kathy Willens/AP) (The Associated Press)

    “It used to be a six-week wait for metal and now it’s 16 months, what happened?” Kocieniewski asks.

    “You hear their explanations — ‘there aren’t enough trucks [and] forklift drivers’ but Detroit’s unemployment rate is 25 per cent, so that seems kind of implausible. It was clear it was something that they were doing,” he says of the sudden scarcity.

    The bank claimed it was working “feverishly” to deliver the metal to its eager customers. But in one video posted online by a warehouse worker, all you could see was aluminum stacked to the rafters, but not a single employee working to move it anywhere.

    “One of the drivers who moved the metal said ‘well we just move it from one place to another, once we get one warehouse filled up we close it down and it’s a merry-go-round,’” Kocieniewski said. Every hour that metal is sitting there Goldman is just collecting money on it.

    And that gets passed on to consumers by increasing the price of real goods like aluminum foil, pop cans and the siding on your house.

    Goldman Sachs declined to make anyone available for an interview, but emailed CBC News a statement saying they deny the allegations.

    Case study: inside information
    New York’s Wall Street is a place where rigging has become sadly too commonplace.

    One of the biggest recent examples was at New York hedge fund Galleon, run by a man named Raj Rajaratnam. Insider trading is one of the oldest and least sophisticated ways of rigging a market, and Galleon is one of the most egregious recent examples. Under Rajaratnam’s watch, Galleon would routinely pay corporate insiders for information about their companies ahead of when they were disclosed to others. (That way the fund could trade in advance on any good news or bad news to come.)

    What was so shocking about Galleon was the brazenness — how employees were caught on tape rigging the system, and not seeming to care. Rajaratnam was eventually found guilty of insider trading and sentenced to 11 years in prison but even today, some people involved still don’t seem to quite see the problem.

    “The bottom line was to make money … and if you weren’t adding to the end goal you were kind of useless,” says Turney Duff, a former trader at Galleon who’s written a book about his experiences there.

    ‘I didn’t feel like we were going to get caught. You know, it felt like jaywalking’- Former hedge fund employee Turney Duff
    “I’m not making excuses for my behaviour,” he says in the piece. “I made a lot of mistakes and a lot of the decisions that I made … [weren’t] based on right or wrong it was based on [lack of] consequences.

    “I didn’t feel like we were going to get caught. You know, it felt like jaywalking.”

    That mentality may be part of the problem — that there’s insiders at the top of a pyramid who feel they have the right to set prices and profit wherever they see fit, Taibbi and others say.

    “The basis of all these problems that we’ve had in the last decade or so is that it’s a very insular community, this financial community. It’s a very small group of people making very, very weighty decisions and I think these guys, to them, it’s not real. It’s just a bunch of numbers on a paper,” Taibbi said.

    Case study: rigging LIBOR
    One of the most serious examples of rigging might be the London Interbank Overnight Rate or LIBOR which has apparently been manipulated by a handful of trading firms for their own profit. Trillions of dollars of real things like mortgage rates and student loans payments are priced off LIBOR.

    WATCH Why the complex LIBOR story deserves your attention
    LIBOR is set today the same way it has been for more than a century — via phone calls between traders, telling each other what rates they were giving out and taking in that day. In retrospect, it was gapingly open to abuse.

    In a series of wiretapped phone calls unearthed by British regulators, traders could be heard doing favours for each other, lying to officials about the rate in order to meet their targets. It was a game to them, but one where people in the real world economy were the losers.

    Conclusion: new tools needed
    There’s a sense among the general public that nobody seems to be maintaining the integrity of the system. Bart Chilton, the head of U.S. regulator the Commodities and Future Trading Commission, says his office is committed to maintaining the system’s integrity. But, he says his office isn’t given the tools he needs to properly do the job.

    Goldman Sachs has been accused of stockpiling aluminum in its warehouses in order to charge more rent for storing it. (Ilya Naymushin/Reuters) (REUTERS)

    “They don’t have enough people to do this stuff,” Chilton says. “[Washington]
    doesn’t care about about this, and unfortunately Congress and government is very reactive.”

    He notes that his office has 158 agents to police more than $5 trillion worth of financial contracts per year.

    In contrast, the more well-known Securities and Exchange Commission has more than 100 agents assigned to its investigation of baseball pitcher Roger Clemens alone.

    Until the powers that be make levelling the playing field a priority, the system is likely to remain skewed. And the people doing the rigging getting caught will be the exception, not the rule.