In Harbinger Of Things To Come, Indonesian Parliament Begins Criminal Investigation I

[Benny2guns]

So far the commingling between financial and political forces has passed without many glitches both domestically and globally. This is starting to change. We read in Newser that the “Indonesian’s parliament called for a criminal investigation into a $715 million government bank bailout.” In addition to Indonesia president Suslio Bambang Yudhoyono, others implicated include Vice President Boediono, a former central bank governor who goes by a single name, and Finance Minister Sri Mulayani Indrawati. Something tells us that the miraculous market recovery in Indonesia has not proceeded quite as effortlessly as the one in the US. Which also explains why the Fed and its cohorts are so set on reflating the market as they are well aware of the opportunity cost. Once the market takes the inevitable leg lower, we expect that the general public hatred against the multi trillion bailout of the US financial system may finally yield comparable criminal prosecution in America as well.

Read entire article
http://www.zerohedge.com/article/harbing...k-bailouts

[billy]

a lot of asian third world countries will be in the same boat. corruption is more rife than normal in some of these countries.
some people in places of trust will always fall prey to graft and corruption. it's human nature that a certain percentage take what they can, legal or not.

[rosasiva]

Corruptor

Your eyes were shining
Wide open smile
Your heart is beating fast
Seeing a pile of dollars
common sense was shattered
But .... do not understand your heart
Distressing life country boy
Drudge every day
Demi scavenge a bite of rice
Are you proud of ......?
You're proud of what you find
You can simply sit in a chair
The money of the people you kill
Remember!
When times got guts
You're thrown into bars
Bruises bruising you beaten
This is the end of thieves tie your history.

[Erthona]

He said "Bambang" 

dale

[just mercedes]

The world of business and government has always been corrupt. There has never been a financial or political system without corruption. Why do we pretend to be surprised?

[billy]

the scale of it in the phillipines is rife, from the president down to the sweeper uppers. so much so that it's become mundane as news items, they show them once or twice and then forget about them