Friday, April 22, 2011

Quote of the Decade

There is no denying corporate greed is becoming as virulent as it had been before the Sherman Act (1890), The Federal Trade Commission (1914), and the Taft-Hartley Act (1947). What has been hid from the public is that lobbyists, over 90% of whom are lawyers, the U.S. Congress (40-60% lawyers) and the legal political complex (the collegial network of all lawyers) have facilitated renewed opportunities to scalp consumers.

Federal prosecutors told a jury yesterday that exhaustive wiretap evidence proves a Wall Street titan routinely used a cadre of “corporate spies’’ ... -April 21, 2011, New York (AP) (NY Times Co.) Each side claims support from tapes in Galleon trial, Tom Hays and Larry Neumeister

What is revealing about this quotation is more than federal prosecutors intended. The quote betrays an insidious and pervasive, anti-corporate propaganda regularly fed voters by infamous liberals, influential journalists
, and the lawyer-political complex .

The claim made in the quote was made by prosecutors (lawyers).
Their claim villified corporate spies (ignoring the fact that the key spies were actually lawyers who were not employed by greedy corporations, but by law firms).

Goldfarb was accused of conspiring with ex-Galleon trader Zvi Goffer to pay tens of thousands of dollars to Arthur Cutillo and Brien Santarlas, lawyers at Boston-based Ropes & Gray LLP, for information about transactions their firm was working on.

Cutillo, Goldfarb’s former college roommate, pleaded guilty in January to charges of conspiracy and securities fraud, and faces as long as 37 months in prison. Santarlas pleaded guilty in December 2009 and is cooperating with authorities.

- Apr 21, 2011 Bloomberg, New York Lawyer Jason Goldfarb Pleads Guilty in Probe of Ex-Galleon Trader, Chris Dolmetsch and Patricia Hurtado

The Lawyer-Political complex, unharmed by its own corruptive influences, escapes scrutiny by the Racketeer Influenced and Corrupt Organizations (R.I.C.O.) Act. The law profession, a self-protected species in the U.S., is largely self-unregulated, and at best regulated by the whims and actions of other lawyers.

The Founders provided ample protection from such an outcome for us, should we demand it: There is no requirement for members of the Supreme Court to be lawyers.

Submarines are always silent and strange.



At 22 April, 2011 17:08, Blogger Tom Goering said...

Pinocchio, in the Shrek movie (dialog on the other end of the link), made me think of a lawyer the first time I heard it. So now, every time I hear or read about lawyers two thoughts immediately come to mind - first, my oldest is starting his third year of law school in the Fall and second, the Pinocchio interrogation.

I will never be the same.

At 22 April, 2011 17:26, Blogger Vigilis said...

Thanks for sharing, Tom. You made me laugh!

There is no question law school is a good choice for a career, and most lawyers are valued members of both their communities and their profession.

Am proud of those in my own family. My alarm is with those in far too many elected and appointed offices, however, of any party.

In my opinion, we must make our congress look more like Main Street, not like K Street (Washington D.C.).

At 23 April, 2011 12:03, Blogger Contrary in Texas said...

What do you call 10,000 lawyers at the bottom of the sea?

A good start....

At 25 April, 2011 14:51, Blogger Vigilis said...

10,000 is less than 1% of lawyers working in the U.S. "legally".

At 27 April, 2011 11:42, Blogger Contrary in Texas said...

It's still a good START.


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