By admin | Published:
January 21, 2012
Put simply, voter fraud is the act of voting illegally.
How can someone illegally vote in the United States? The answers are many. If you are 16 years old and you vote, you broke the law. If you vote under an assumed name, you broke the law. If you vote and you are not a citizen, you broke the law. Ok, you get it.
Now how can this be prevented? As you know, fraud is almost impossible to stamp out. People who are smart, motivated and creative will always be able to devise a new scheme that will work for a while. But, one simple idea will make it much more difficult… show identification!
I have no idea why this is appears to be controversial. I have to show ID to buy beer at a sporting event. I have to show ID to cash a check. Sometimes I have to show ID when I use a credit card. Who in this country does not have an ID? What is the big deal?
By admin | Published:
January 21, 2012
I logged on the other day and saw the site dark. Why me? What did I say?
As it turned out, my domain name needed to be renewed. Just in case you are wondering, I am truly a numbers geek in the fraud world having some fun writing a blog. Not a “professional” blogger if there is even such a thing.
I will have a new post shortly on voter fraud.
By admin | Published:
December 17, 2011
Wow! This one is good. They blatently re-hypothecated customer’s money. It is being reported that the hypothecation and re-hypothecation that took place is legal. The question is: Is it right? What is your broker and your bank doing with your money? Next we are going to hear about Santa’s workshop being burglarized. What is the world coming to? Who can you trust?
In an answer to a reader’s question: This is exactly why people are going to gold and silver. These metals represent a tradeable asset with value.
By admin | Published:
October 2, 2011
In my opinion, Social Security is a Ponzi scheme. So why is this such a big deal to say? It always has been.
What do you think?
What about the bail out for Greece and the Euro? This is a Ponzi scheme as well. These countries are borrowing from themselves… How does this work?
By admin | Published:
August 30, 2011
Sorry I have not posted lately. Been chasing some fraudsters stealing big dollars.
The web sight went dark because my credit card expired and my hosting fees were not paid.
By admin | Published:
May 12, 2011
Wow! This is certainly an eye opener. Is fraud really this prevalent?
Look how this woman busts the bank in the scheme! Is Linda Green the new John Galt? Does she have the power to stop the machine?
60 Minutes Mortgage Expose
By admin | Published:
April 28, 2011
I am surprised there is not more of this. Not fraud, there is plenty of that, but drug testing. I do not recall ever being drug tested.
I started thinking about this while watching the news last night when they were talking about the massive amounts of drugs that come over the border from Mexico. Somebody must be buying this stuff?
Since compensation is related to responsibility, and with greater responsibility you can do more financial damage to an organization, I am surprised there is not more drug testing of senior level people.
By admin | Published:
April 22, 2011
I derive more humor from politicians in the news than from comedy or reality shows. How many times have the politicians scream: ”Blame the rising oil prices on those evil speculators!”?
The speculators they are talking about are those traders in the futures markets. Futures trading is a zero sum game. If you write a contract to deliver a specific quality and amount of a commodity such as oil at a specified price at a specific date in the future, there must be a buyer for that contract. The value of these contracts fluctuates daily according to price of the underlying commodity such as oil. These contracts add liquidity to the commodities market and serve as an important price discovery tool.
Where is the fraud? If fraud claims such as these gain traction, it is nothing more than an indication of how financially illiterate the voting population is.
Posted in Fraud, Oil | Tagged Market Fraud, Oil |
By admin | Published:
April 14, 2011
The short answer is:
1. The dollar going down
2. Inflation
There is a lot of talk about a bubble. I have seen articles comparing the metals market to the Dot Com bubble. I believe there is a big difference making this comparison inaccurate. The metals markets are playing catchup to changes in inflation and fiat currencies. Yes, there will come a time when the markets cease their meteoric rise. However, I do not think these markets will plummet. If the dollar continues to weaken, why would you want your life savings to be denominated in them? As the general public awakens to the real erosion in their savings they will seek alternatives. Precious metals and other commodities have always been a store of value, and I do not expect this relationship to change.
By admin | Published:
April 7, 2011
Much news these days is focused on debt, both public and personal (consumer). I want to take a moment and explore what debt is, and what it causes people to do.
At the highest level, debt is a magnifier. Hence the term leverage. In good times it allows you to magnify profits, and in bad times it accentuates losses. Debt in bad times is also a limit to flexibility.
From a fraud perspective, a person with a gambling or drug addition problem will often steal in an attempt to satisfy their debts. Debt can induce people to act in a way they normally would not act.
But what about government debt? Governments have the power to tax and issue currency. This is stated in our Constitution. When our Government gets into debt it will raise taxes and issue more U.S. dollars. This is not stealing because the government has the right to do this. But what is the effect? Does this take economic value from you and your family? I contend that it does.
I think that this is why debt is such a big issue.