Global Corruption Tracking

About: transparency international

source: ... Corruption is the abuse of entrusted power for private gain. It hurts everyone whose life, livelihood or happiness depends on the integrity of people in a position of authority.
...
 Further info at Corruption in Politics .
This is for further research.  I couldn't find out much about USA.
From India comes this cartoon:
Kinda reminds me of this model of the USA tax & spend system found in Brussels.

Tags

  1. transparency
  2. corruption

Comments


Mark de LA says
The Fed's transparency is in WTF mode: http://bloom.bg/vW28X6
Bloomberg: ...

$7.77 Trillion

The amount of money the central bank parceled out was surprising even to Gary H. Stern, president of the Federal Reserve Bank of Minneapolis from 1985 to 2009, who says he“wasn’t aware of the magnitude.” It dwarfed the Treasury Department’s better-known $700 billion Troubled Asset Relief Program, or TARP. Add up guarantees and lending limits, and the Fed had committed $7.77 trillion as of March 2009 to rescuing the financial system, more than half the value of everything produced in the U.S. that year.

...nice charts & stuff.  House of Cards?


Mark de LA says
OK now, If the World goes broke or there is no money that can be trusted then what? The wierd thing is right now, no matter how shaky the house of cards is, everything continues on as before.  Why would it need to change? If it is disclosed that all the money in the world is as funny as monopoly game money then what? Is there a way to recover & even make better global financial collapse? Could we not migrate, mutate & metamorphose on to threefoldness?


Seth says
M 2011-11-28 22:52:44 15654
OK now, If the World goes broke or there is no money that can be trusted then what? The wierd thing is right now, no matter how shaky the house of cards is, everything continues on as before.  Why would it need to change? If it is disclosed that all the money in the world is as funny as monopoly game money then what? Is there a way to recover & even make better global financial collapse? Could we not migrate, mutate & metamorphose on to threefoldness?

Thing is, all money, of whatever nature is, as you put it, "funny as monopoly game money".  Value is perception ... you can just as well base it on  beanie babies as gold.  The token is a representation, it is not the thing itself.  The clearer and more direct the representation ... the more people believe in it ... the better the money.  Credit default swaps became the money and ballooned to ridiculous amounts to the point where they stood only for the greed of those buying and selling them.  Apparently debt itself can become money.  Then it's value is dependent on the belief that the borrower will pay back the principal and interest.  Fuck with that belief and you diminish the value. 

Mark de LA says
Yeah, I was more interested in the situation & how to reboot it to something that works.  The last time we had a World Wide Depression (for whatever reason) we rebooted it with WW-II.  Lets not go there.


Mark de LA says
Dear Left Corporatism is Your Fault: ... You spent the past fifty years empowering corporations and the most unscrupulous of the rich. You created rampant moral hazard in the financial sector. You created the system that socializes risks but privatizes profit. You created the system that creates a revolving door between Obama’s staff and Goldman Sachs. There’s a reason why Wall Street throws money at Obama. It’s because you, the moderate left, are Wall Street’s biggest supporters. Oh, I know you complain about Wall Street. But your actions speak louder than your words.


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