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#OWS! (Unless it’s Wall Street DEMOCRAT Jon Corzine stealing the $M600).

The Decalogue Doesn?t Read ?Thou shalt not improperly divert customers? cash.?

Occupy 4-Year Olds. They Don't Bundle For Barack Obama!

Jon Corzine’s MF Global is missing $600 million of customer money, and the bankruptcy trustee has no idea when it might be found or when investors might be paid back, if ever. The New York Times today says that the investigation points to the conclusion that the firm simply misappropriated (that is, stole) customer money to back up failing bets on the distressed bonds of failing European governments.

(HT: Spengler)

TARP, according to contemporary anti-capitalist mythology, was THEFT!. MF Global, according to the The New York Times, “misappropriated” $M600 of client monies to cover their stupid options. Oops. They simply “improperly diverted customers’ cash.”

Given that the customer’s cash was “improperly diverted” rather than “visciously plundered”, can you guess which party Jon Corzine was in while he “improperly diverted” the public resources of New Jersey as Governor? Of course you can. Can the organizers and bankrollers of #OWS? I’m guessing that would be a big no.

No, they aren’t occupying that despicable fat-cat, crony-capitalist, Jon Corzine. They were too busy occupying elementary school; perhaps the highest level of intellectual aspiration many of them ever achieved. The New York Post describes what the #OWSers were doing instead of protesting $M600 of live, real-world, Wall Street villainy.

In the middle of thousands of protestors yelling and chanting — some kicking and screaming – CBS 2’s Emily Smith found little school kids trying to get to class. Nervous parents led them through the barriers on Wall Street. The NYPD helped funnel the children, anything to ease their fears while some protestors chanted “follow those kids!” “These guys are terrorists, yelling at little kids,” one father said.

These Che-Guevara tough-guys are filled with vim and vigor when they yell at elementary school kids. They are notably silent and conspicuously absent when Barack Obama’s Wall Street Guy steals $M600 from his investment firm’s clients to cover his firm’s option positions. The #OWS movement is beginning to remind more of Jerry Sandusky than the Tea Party. They’ll take out their frustrations on the kids, but are cowards in front of the big boys like Former Governor Corzine.

It gets back to what these people want. They claim they want justice, but justice is getting exactly what you deserve. What these people want is to have a risk-free life with nearly infinite returns. They want to make an investment no harder or riskier than respiration and they want to have successful families, careers and financial portfolios. Or as Gavin McInnes puts it.

It’s also worth noting how unbelievably lazy today’s kids can be. I’ve been hiring twenty-somethings for about twenty years now, and though they are getting more tech-savvy, their productivity keeps plummeting. I believe this is due to their snowballing sense of entitlement.

What this tells me is that the only thing these #OWSers resent about Jon Corzine is that he plays the exact same game that they do; just way more successfully. Protesting a dishonest man like Jon Corzine would be like punching the very same weasel-like, corrupt face they see every morning in the mirror. The #OWSers are a bunch of whining, inept, Jon Corzine wannabe’s. The prime difference is that Jon Corzine took the time and trouble to learn how to properly steal $M600.

This is why the #OWS Movement will continue to overwhelmingly support Barack Obama. This is why The Tea Party needs to wake back up and get back out into the streets. As they said in the 1960’s; “The streets belong to the people.” The question is this, Tea-Partiers: People like you or people like Jon Corzine?

COMMENTS

  • suzy000

    In addition to this article, I read Ann Barnhardt’s letter in full at the her site. WOW I had already closed my accounts with exception to one…a small educational one that will be transferred Monday to a safer place. I hope everyone takes her advice…we are on the brink and the thieves at MF Global who will get away with this because they are part of Obama’s ring will ultimately bring down our financial system. This was in the works long before Obama was elected…they just finally got in their man. I have always laughed and scoffed at those who touted to me there would be no elections in 2012. Now I am not so sure. I am really scared, guys….I have never been this frightened over America’s future like I am now.

  • johnt

    bad theft is when unnamed republicans do it, good theft is when any Democrat does it. You simply find a residence where a non-Democrat lives and raise rightous hell. Otherwise you ignore the theft, $600 mil, well his heart was in the right place. Look at all the tax money down the rat hole in NJ, proves he’s a good fellow. Virtue is in government, so how bad can a leftist gangster be?
    This is the age of the Mindless, visit some of the left wing sites and observe the beastiality alongside the childish faith in central power, and a political party, Democrats and their president, that could not hold them in greater contempt than they already do.

    • Repair_Man_Jack

      http://communities.washingtontimes.com/neighborhood/middle-class-guy/2011/nov/14/polite-treatment-jon-corzine/

      We can’t be too hard on poor old Jon Corzine.

      • williamjameson

        OWS rarely complains about democrat anything. Obama owns them, they are his Larouchies!!!!!!!!!

        • morstar150

          The futures and options industry is in peril and with it our entire financial industry. These big financial institutions are pulling the same reckless business dealings they created with the sub-prime mortgage fiasco. This one now has changed the way farmers and airlines do business.

          These sectors use the futures and options arena to reduce the risk of drastic price changes for their commodities. The MF Global situation has told everyone that your money is no longer safe. The trustee is working for J.P. Morgan to get them their collateral on the stupid soverign debt bonds that Corzine bought to make a “quick killing.” Well, he made a quick killing. He destroyed the largest commodity firm in the world that had been in business for nearly 250 years and it only took him 2 years. He has also destroyed the futures and options business and destroyed consumer confidence to the point that no body can trust the other clearing houses. Are they doing the same as Corzine?

          These are all Obama’s boys who will end up with bulging pockets while the customers end up in bankruptcy. It is a huge problem!!!

          If the idiots at OWS had any brains they would be rioting at Cozine’s door. Oh but he’s an Obama boy.

  • unsk

    This is from Ann Barnhardt of Bardhardt Capital Management:

    Barnhardt Capital Management closed down today after more than six years as an independent introducing brokerage and eight years as a broker because Ann Barnhardt ?could no longer tell my clients that their monies and positions were safe in the futures and options markets ? because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.?
    Ann Barnhardt wrote an eye-opening letter on Barnhardt Capital Management?s website this morning talking about how the MF Global crisis has caused the destruction of the options and futures markets. She goes on to say that MF Global is not an isolated case and ?the problem is a SYSTEMIC problem, not merely isolated to one firm.?
    Barnhardt has recommended ?ALL customers withdraw from all of the markets as soon as possible so that they have the best chance of protecting themselves and their equity.?
    And finally she let President Obama have an earful, ?Finally, I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform. So long as the government remains criminal, it would serve no purpose whatsoever to attempt to rebuild the futures industry or my firm, because in a lawless environment, the same thievery and fraud would simply happen again, and the criminals would go unpunished, sheltered by the criminal oligarchy.?
    You can read here entire statement on the company?s website here.

  • Repair_Man_Jack

    That really reminded me of the industrialists Going Galt in Atlas Shrugged.

  • Repair_Man_Jack

    http://barnhardt.biz/