Wednesday, October 05, 2011
The Good Old Days. All in the Philly Mob Family
The Philadelphia/Atlantic City Mob
- The Late Angelo "The Docile Don" Bruno
- Nicodemus "Nicky" Scarfo, Boss
- Philip Leonetti, Underboss
Nicodemus "Nicky" Scarfo was Philip Leonetti's uncle. Leonetti testified against several mafia families as an FBI informant.
Leonetti confessed to the murdered of 10 people.
Philadelphia had one representative on the five-member Commission of La Cosa Nostra in New York, along with Chicago.
Scarfo is a violent killer who orchestrated dozens of brutal killings.
Leonetti's mother is Scarfo's sister. Leonetti's father abandoned him at a young age and his uncle, "Nicky" helped raise the boy in the neighborhoods of Philadelphia.
Scarfo was exiled to Atlantic City when he became involved in a barroom brawl in the early 70s.
Angelo Bruno was the boss of the Philadelphia family, known for his efforts to reconcile differences rather than using violence. He was also a powerful friend of Hotel Employees and Restaurant Employees Union leader Ed Hanley.
The Indoctrination:
Leonetti was inducted as a "made" member of the Philadelphia/Atlantic City mob in a ceremony that resembled other La Cosa Nostra members. His finger was pricked by the local boss, in this case Scarfo, who then dripped the blood on a piece of tissue paper.
The tissue paper was placed in Leonetti's hands and was set on fire. Scarfo asked Leonetti to envision the tissue paper as an image of a Catholic Church Saint. He was told to repeat, "May I burn like this Saint if I betray my friends," over and over again until the tissue had completely burned into ashes. He was told that if he were to violate his membership in La Cosa Nostra, he would burn like the Saint in his hands. When the tissue was burned completely, Scarfo rubbed his hands together rubbing the charred remains against his skin.
Leonetti kissed Scarfo on both cheeks, and then both cheeks of each of the witnesses. Leonetti said that the men joined in a circle with one spot open, and after Scarfo said a few words in Italian, Leonetti was then invited into the circle to complete the circle by joining his hands with the others.
Scarfo's Rise to Power:
Philadelphia Mob Boss Angelo Bruno was murdered in the summer of 1980. Bruno Underboss Philip Testa and Consiglieri Anthony Campanegra split after Bruno's murder, until Campanegra was subsequently killed one month later. Testa named Peter Cassella as his underboss. (Testa's son is Salvi Testa.)
Testa named Scarfo as Consiglieri to the new Bruno family.
Chickee Narducci, a captain in the Bruno family. Testa charged Narducci was robbing the family in the he numbers business, Narducci had asked Testa for a $50,000 loan, even though he had millions in cash, and that Testa had borrowed $50,000 from another family member. Testa believed Narducci was planning to murder him, too. That same week, Narducci had Testa murdered.
The New York Commission fingered Narducci as the killer, believing that Narducci had committed an unauthorized murder of a family boss, Testa. The New York bosses selected Scarfo to murder Narducci. He was found in a pool of blood in the back of his Cadillac. Another Narducci conspirator was also murdered, a homemade bomb was taped in his mouth when it exploded.
Scarfo was named the new head of the Bruno Family and given a seat on the commission in 1981, and became an ally of the powerful Genovese Family.
Leonetti was named Underboss to Scarfo.
Bruno was described as a racketeer. Scarfo was described as a gangster, a common analogy used in many mafia families to describe predecessors. (A similar comparison was made between New York's Paul Castellano and his killer, underboss and successor John Gotti.)
Scarfo had been exiled to Atlantic City years before casino gambling arrived, and had established strong connections there. When casinos were approved on Nov. 2, 1976 by the New Jersey legislature, Scarfo and the Philadelphia Bruno family used those ties to create the steel and concrete companies that were later hired to lay the foundations for the new casinos along the Atlantic City beachfront.
This allowed them to sidestep the controls that New Jersey had set up. They controlled the concrete and steelwokers unions, threatening job strikes against uncooperative casino developers. They worked on the Showboat, Bally's Caesers, the Golden Nugget and the Taj Mahal.
A 30 day delay in the opening of one of the new casinos would have cost the developers as much as $15 to $20 million, making cooperation with the unions a must for developers. The mob controlled unions and contractors guaranteed there would be no delays on their "sanctioned" projects.
The President of the Local 54 of the Hotel Employees and Restaurant Employees Union in Atlantic City was Frank Gerace, a close associate of the Scarfo/Bruno family. The head of the National union was Ed Hanley. Gerace arranged the contracts and the behind-the-scenes deals.
Between 1977 and 1978, 35 casino projects were announced.
But controlling the unions wasn't enough. They also decided to target local politics. To guarantee that their hidden construction interest were not discovered, the Philadelphia/Atlantic City mob used their money and power to push for the election of Mike Mathews as mayor of Atlantic City. Mathews won his election with the solid backing of the Atlantic City unions and the Bruno and Scarfo family in Philadelphia and Atlantic City, under threat of death if he refused to cooperate.
Under Scarfo, Philadelphia's rising mob family took lessons from Chicago and new York families, muscling loan sharks, and providing protection. They demanded a piece of every independent business operation in their areas under threat of murder.
At one point, Scarfo targeted the Riccobene faction of the former Bruno family which was under Scarfo's control. More than 24 members of the Riccobene family were targeted. The war went on for months. Two Attempts to murder Harry "The Hunchback" Riccobene failed.
Scarfo drove a white Rolls Royce and took the entire Bruno family to Florida on vacations. The name of the yacht, frequently photographed by the Feds, the boat was named "Casablanca" and "Usual Suspects," a line from the movie. The Federal Government used the photographs of the gatherings to prove that the individual criminals were working as one family.
Vincent Falcone, was a partner with Scarfo in his construction company. Scarfo believed that Falcone was ripping him off, but his only real crime was to criticize Scarfo's quality of workmanship in the construction business. Scarfo and Leonetti invited Falcone to a hideaway where they had dinner. After the ate and drank, Leonetti shot Falcone in the back of the head. Scarfo celebrated by drinking more, putting his hand on Falcone's still body to feel for his heart beat, ordering his nephew, Leonetti to shoot him one more time in the heart. With them at the time was another Bruno family member, Joe Salerno, who feared he, too, would be killed.
Scarfo and Leonetti were arrested and charged in the Falcone murder in 1983. Salerno became the star witness for the FBI under the witness protection program. Salerno testified against Scarfo and Leonetti.
A local cop who was on the Bruno family payroll testified that Scarfo's car was not at the property where the murder was committed, contradicting Salerno, who testified Scarfo had parked his black Cadillac outside in front of the home. The cop was thrown off the police force as a result of his testimony.
Scarfo, Leonetti and a third defendant were all found not guilty. Scarfo declared after the trial, "Thank God for the American Jury system. And an honest jury."
Scarfo eventually also ordered the murder in September of 1984 of Salvi Testa, who was Leonetti's boyhood friend. That murder angered Leonetti who had just been approved to be the underboss to his uncle Scarfo by the Genovese family. Leonetti could not warn his friend, who he hung around with everyday. Although Testa suspected he was going to be murdered, he believed that Leonetti would have warned him. He did not.
During Scarfo's reign, more than 28 people were murdered. Half were members of his own family.
Using that, the FBI infiltrated the Scarfo family and waited for the right moment. Leonetti was arrested in 1988 on charges of murdering his friend, Salvi Testa. Before he was sentenced in the summer of 1989, Leonetti reached out to the FBI and offered to plead guilty.
Leonetti called the FBI days prior to his sentencing, but the FBI told him they would have to inform the judge and his defense attorney if that kind of contact were made. The FBI suggested that they wait until after he was sentenced to make the content. Leonetti was sentenced to 45 years for the murder. One week later, that contact was made. Leonetti agreed to testify and in exchange, the FBI agreed to go to the judge and explain his cooperation to assist in reducing his sentence, offering him protection while in prison. He went into protective custody with his wife, his son and his daughter.
Leonetti was released after serving only five years.
His testimony beginning resulted in the convictions of dozens of high ranking members of the Philadelphia/Atlantic City mafia families. His testimony was also used in the John Gotti trial.
Scarfo was convicted in 1988 on extortion and murder, serving a 69 year prison sentence. Leonetti's testimony helped confirm that verdict and opened the door to the convictions of other Scarfo associates.
From the Past:
Maxie "Booboo" Hoff: a Prohibition era bootlegger. He had a shared interest in local boxers and was a part of the sporting world in Philadelphia.
He exploited Prohibition and re-distilled the alcohol for resale, resulting in large numbers of deaths because of alcohol poisoning.
He ran the Turf Club and several other clubs, where he supplied illegal booze. These "Speakeasys" became very popular during the Prohibition Era. Many of America's most famous musicians performed at these Speakeasys.
It was a Maxie Hoff thug who pressured Duke Ellington to perform at the Cotton Club in New York, which was owned by an early New York Prohibition Ear mobster named Madden. IPSN
Sounds like the management style of Roman emperors, like Caligula & Nero.
ReplyDeleteDat Obama jobs package sleeps wid da fishes.
ReplyDeleteDa boss wanted to get Solyndra out of da papers, see? So he sent his goons to Wall Street to send a message: "Dat's a nice stock exchange you got dere, be a shame if something bad happened to it."
So I got some advice for yuz: Never go to Italy to learn Italian. Never go to Aruba for Spring Break. Never go hiking on the Iranian border.
From the very LAST post on the previous thread...
ReplyDeletedesert rat said...
Those Saudi, whining like Mr Assad, about "foreign influences".
Abracadabra makes those noises, too.
As does Bibi.
Goes with the neighborhood, it seems.
It seems that the Rat cannot control himself...
Nothing new about that....
In response to rat's negative comments about Israel (again) I shall post a positive comment...
ReplyDeleteIsraeli scientist Schechtman wins Nobel Prize in Chemistry
By JPOST.COM STAFF
10/05/2011 12:44
Technion scientist to receive $1.46 million prize for discovery of non-repeating patterns in quasicrystals; Schechtman is third Israeli to win Nobel Prize in Chemistry.
The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Chemistry for 2011 to Israeli scientist Daniel Shechtman of the Technion, the Israel Institute of Technology in Haifa. Shechtman is the tenth Israeli or Israeli-born scientist to win a Nobel Prize, and the third to win for chemistry.
that's entertainment...
ReplyDeleteWiO,
ReplyDeleteYesterday it was reported that the oldest known "factory" was found in a cave in Israel. It appears that early H. sapiens there produced countless flint and stone tools.
In other news...
September layoffs biggest over 2 years
“On the hiring front, employers announced plans to add 76,551 workers in September, down from 123,076 a year ago…”
List of Nobel Prizes awarded to Arab persons in the Sciences.
ReplyDeleteChemistry
1999 - Ahmed Zewail
Physics
Abdus Salam
List of Jewish Nobel prize winners in the sciences
Chemistry
1905 - Adolph Von Baeyer
1906 - Henri Moissan
1910 - Otto Wallach
1915 - Richard Willstaetter
1918 - Fritz Haber
1943 - George Charles de Hevesy
1961 - Melvin Calvin
1962 - Max Ferdinand Perutz
1972 - William Howard Stein
1972 - C.B. Anfinsen
1977 - Ilya Prigogine
1979 - Herbert Charles Brown
1980 - Paul Berg
1980 - Walter Gilbert
1981 - Ronald Hoffmann
1982 - Aaron Klug
1985 - Herbert A. Hauptman
1985 - Jerome Karle
1986 - Dudley R. Herschbach
1988 - Robert Huber
1989 - Sidney Altman
1992 - Rudolph Marcus
1998 - Walter Kohn
2000 - Alan J. Heeger
2004 - Irwin Rose
2004 - Avram Hershko
2004 - Aaron Ciechanover
Economics
1970 - Paul Anthony Samuelson
1971 - Simon Kuznets
1972 - Kenneth Joseph Arrow
1973 - Wassily Leontief
1975 - Leonid Kantorovich
1976 - Milton Friedman
1978 - Herbert A. Simon
1980 - Lawrence Robert Klein
1985 - Franco Modigliani
1987 - Robert M. Solow
1990 - Harry Markowitz
1990 - Merton Miller
1992 - Gary Becker
1993 - Rober Fogel
1994 - John Harsanyi
1994 - Reinhard Selten
1997 - Robert Merton
1997 - Myron Scholes
2001 - George Akerlof
2001 - Joseph Stiglitz
2002 - Daniel Kahneman
2005 - Robert (Israel) Aumann
Medicine
1908 - Elie Metchnikoff
1908 - Paul Erlich
1914 - Robert Barany
1922 - Otto Meyerhof
1930 - Karl Landsteiner
1931 - Otto Warburg
1936 - Otto Loewi
1944 - Joseph Erlanger
1944 - Herbert Spencer Gasser
1945 - Ernst Boris Chain
1946 - Hermann Joseph Muller
1950 - Tadeus Reichstein
1952 - Selman Abraham Waksman
1953 - Hans Krebs
1953 - Fritz Albert Lipmann
1958 - Joshua Lederberg
1959 - Arthur Kornberg
1964 - Konrad Bloch
1965 - Francois Jacob
1965 - Andre Lwoff
1967 - George Wald
1968 - Marshall W. Nirenberg
1969 - Salvador Luria
1970 - Julius Axelrod
1970 - Sir Bernard Katz
1972 - Gerald Maurice Edelman
1975 - David Baltimore
1975 - Howard Martin Temin
1976 - Baruch S. Blumberg
1977 - Rosalyn Sussman Yalow
1977 - Andrew V. Schally
1978 - Daniel Nathans
1980 - Baruj Benacerraf
1984 - Cesar Milstein
1985 - Michael Stuart Brown
1985 - Joseph L. Goldstein
1986 - Stanley Cohen [& Rita Levi-Montalcini]
1988 - Gertrude Elion
1989 - Harold Varmus
1991 - Erwin Neher
1991 - Bert Sakmann
1993 - Richard J. Roberts
1993 - Phillip Sharp
1994 - Alfred Gilman
1994 - Martin Rodbell
1995 - Edward B. Lewis
1997 - Stanley B. Prusiner
1998 - Robert F. Furchgott
2000 - Eric R. Kandel
2002 - Sydney Brenner
2002 - Robert H. Horvitz
Physics
1907 - Albert Abraham Michelson
1908 - Gabriel Lippmann
1921 - Albert Einstein
1922 - Niels Bohr
1925 - James Franck
1925 - Gustav Hertz
1943 - Gustav Stern
1944 - Isidor Issac Rabi
1945 - Wolfgang Pauli
1952 - Felix Bloch
1954 - Max Born
1958 - Igor Tamm
1958 - Il'ja Mikhailovich
1958 - Igor Yevgenyevich
1959 - Emilio Segre
1960 - Donald A. Glaser
1961 - Robert Hofstadter
1962 - Lev Davidovich Landau
1963 - Eugene P. Wigner
1965 - Richard Phillips Feynman
1965 - Julian Schwinger
1967 - Hans Albrecht Bethe
1969 - Murray Gell-Mann
1971 - Dennis Gabor
1972 - Leon N. Cooper
1973 - Brian David Josephson
1975 - Benjamin Mottleson
1976 - Burton Richter
1978 - Arno Allan Penzias
1978 - Peter L Kapitza
1979 - Stephen Weinberg
1979 - Sheldon Glashow
1988 - Leon Lederman
1988 - Melvin Schwartz
1988 - Jack Steinberger
1990 - Jerome Friedman
1992 - Georges Charpak
1995 - Martin Perl
1995 - Frederick Reines
1996 - David M. Lee
1996 - Douglas D. Osheroff
1997 - Claude Cohen-Tannoudji
2000 - Zhores I. Alferov
2003 - Vitaly Ginsburg
2003 - Alexei Abrikosov
That's entertainment
ReplyDeleteIt's Official...
ReplyDeleteAmerica in "talks" with Islamic Nazi Party..
Makes you proud to be an American?
American officials have met with members of Egypt's long-banned Muslim Brotherhood, an unnamed senior U.S. diplomat told Reuters.
The official did not specify when the meetings took place, but noted that there has been no formal distinction between members of the Brotherhood or its affiliated political arm, the Freedom and Justice Party (FJP), whose formation was first announced in February.
"We have had direct contacts with senior officials of the Freedom and Justice party," the American diplomat said, adding that the administration does not "have a policy that makes a distinction [between the Brotherhood and the FJP], that one or the other is off limits."
The latest talks involved "high-level" party members, the official said, in contrast to earlier contacts, which were mostly with Brotherhood-affiliated parliamentarians running as "independents."
This will bite us in the ass....
That's entertainment
ReplyDeleteAmerica gives 2.5 billion a year to Egypt, Egypt's military hunta has a working arrangement with the Moslem Brotherhood.
ReplyDeleteAmerica, the beautiful, the land that I love, is funding the Islamic Nazi Party.
America gave Hamas via UNRWA almost 1 billion last year to rebuild the Gaza Strip, Hamas is a terrorist group, connected directly to the moslem brotherhood, is also a Islamic Nazi offshoot...
America, the shining city on the hill...
America still funds the PA, even after they tore up the USA sponsored Oslo agreement and went around the best efforts of the Quartet and the USA, America gives over 800 million a year to the PA, the PA is directly responsible for hundreds of murders of Israelis and several dozen Americans in the last 0 years...
America, home of the brave and funder of Islamic nazis?
Oh that's right our CURRENT President is FRIENDS with both the New Black Panther Party and Hamas....
Time to set America BACK on a proper course...
To all those that have a stick up their asses on the way i type, please notice I capped all of the A's of America.
ReplyDeleteAfter all to some presentation is more important than content
WiO: List of Jewish Nobel prize winners in the sciences...
ReplyDeleteJewish Mother Haiku:
Is one Nobel Prize
So much to ask from a child
After all I've done?
Allen: Yesterday it was reported that the oldest known "factory" was found in a cave in Israel. It appears that early H. sapiens there produced countless flint and stone tools.
ReplyDeleteThus proving that the Semitic word Hebrew really means what it means: Immigrant.
He·brew (hbr)
ReplyDeleten.
1. A member or descendant of a Semitic people claiming descent from Abraham, Isaac, and Jacob; an Israelite; a Jew.
2.
a. The Semitic language of the ancient Hebrews.
b. Any of the various later forms of this language, especially the language of the Israelis.
"Hebrew" is derived from "Eber,"
ReplyDeletewhich means "from the other side."
The River Jordan is the Levantine Rio Grande. The Hebrews, then, are essentially wetbacks.
Three thousand years from now, the Chinese Empire will be annoyed by the Mexicans and Texans blowing each other up because they both claim the Holy City of El Paso was given to them by some bearded guy who walks on clouds with sandals without falling through.
But, heh, that's okay, What is "Occupation", if you didn't know the etymology of the name of your own people. We can't all be Nobel Prize material.
ReplyDeleteSemitic:
ReplyDeleteOf or relating to the Semites or their languages, constituting a subgroup of the Afro-Asiatic language group that includes Arabic, Hebrew, Amharic, and Aramaic.
Aramaic:
ReplyDelete... as an Imperial Language
Aramaic was used by the conquering Assyrians as a language of administration communication, and following them by the Babylonian and Persian empires, which ruled from India to Ethiopia, and employed Aramaic as the official language. For this period, then (about 700–320 B.C.E.), Aramaic held a position similar to that occupied by English today. The most important documents of this period are numerous papyri from Egypt and Palestine.
Biblical Aramaic
Aramaic displaced Hebrew for many purposes among the Jews, a fact reflected in the Bible, where portions of Ezra and Daniel are in Aramaic. Some of the best known stories in biblical literature, including that of Belshazzar’s feast with the famous "handwriting on the wall" are in Aramaic.
So, the language of much of the Bible, the Dead Sea scrolls, is Aramaic, not Hebrew.
ReplyDeleteFrom Babylon, in modern Persia, not Israel.
Semites, all.
As you say, Story, no ethnic difference, twin sons of different mothers.
Equivalent.
That's being able to read,
ReplyDeleteTeresita said...
ReplyDeleteBut, heh, that's okay, What is "Occupation", if you didn't know the etymology of the name of your own people. We can't all be Nobel Prize material.
I know a lot of things...
I know that you are in fact an Israel hating troll.
Your hundreds of posts have proved that.
I know much more than I will ever show you.
I know that real knowledge is sometimes not shared with enemies.
And you are an enemy of the Jewish people.
Hope your fake illness is being cured by all those "zionist" entity" innovations...
Happy puking...
The Story draws strength from the idea that the folks that gave Mr Obama a "Peace Prize", well, that those folk have demonstrable credibility at choosing the "Best and Brightest".
ReplyDeleteA Prize developed by the primary agent of the industrialization of death.
As a propaganda effort, to improve his Dr Noble's image, pre-mortem.
Great character witnesses, Story's called, not.
Ms T:
ReplyDeleteThree thousand years from now, the Chinese Empire will be annoyed by the Mexicans and Texans blowing each other up because they both claim the Holy City of El Paso was given to them by some bearded guy who walks on clouds with sandals without falling through.
3,000 years from now?
The G-d of Israel will still be G-d.
Jews will still be here and "El Paso"?
Who would ever give a shit?
The self confessed murderer of civilians in Central American states:
ReplyDeletedesert rat said...
The Story draws strength from the idea that the folks that gave Mr Obama a "Peace Prize", well, that those folk have demonstrable credibility at choosing the "Best and Brightest".
I did not mention any "peace prizes" on purpose.
After all I am sure the Mr Nobel would shit his pants at Obama and Arafat getting "peace prizes"...
As for the ability for the nobel judges to give awards in the sciences?
Far better a judge than you, Mr Rat.
Let's face facts, they only thing you are known at the bar for is being the Cliff Claven...
An opinion on everything and knowledge as deep as a cut and paste google search...
Go back to your horse fucking you pervert...
and before you respond how vulgar I am, you are the asshole that calls me "story of O" a porn movie that you are obsessed with.. (the sick disgusting man? that you are)
So Rat, another day, another great victory for Israel and all you can do is tie up a horse for your own sick demented fun.
I hope the horse kicks you in the skull you sick motherfucker....
That WOULD be entertainment, your funeral do to a kick in the head by your love interest, Fred the horse.
ReplyDeleteDear Rat, please leave your personal information with the Blog owner so at your funeral we can send congratulations to your family.....
ReplyDeleteIt will be a fine day for AZ to remove someone like you from their welfare roles.
Umless he can make the case that Mr Obama was deserving of the Prize.
ReplyDeleteAs deserving as any of those he listed.
Paul R. Ehrlich, he was wrong.
The Population Bomb, an Alinsky style propaganda effort.
Based upon misinformation and fear.
Worthy of a "Prize", they say, aye.
Dear Rat,
ReplyDeleteWhen stealing other's research it would be nice to give them credit...
http://cal.huc.edu/aramaic_language.html
You are a troll...
And Rat is a "bartender" at the BLOG...
ReplyDeleteNow that is ENTERTAINMENT
You commence arguments that you lose, then become petulant.
ReplyDeleteStory, you are a wonder.
Nothin' is stolen, Story, just used, in the public domain.
ReplyDeleteNot hard to find the source, if one is interested.
The owners of the blog, at Google, make it easy. The reader can use the tools, provided by the land lord.
ReplyDeleteJewish Aramaic Literature
Aramaic remained a dominant language for Jewish worship, scholarship, and everyday life for centuries in both the land of Israel and in the diaspora, especially in Babylon.
Among the Dead Sea Scrolls, the remains of the library of a Jewish sect from around the turn of the Era, are many compositions in Aramaic. These new texts also provide the best evidence for Palestinian Aramaic of the sort used by Jesus and his disciples.
Since the Jews spoke Aramaic, and knowledge of Hebrew was no longer widespread, the practice arose in the synagogue of providing the reading of the sacred Hebrew scriptures with an Aramaic translation or paraphrase, a "Targum" In the course of time a whole array of targums for the Law and other parts of the Bible were composed. More than translations, they incorporated much of traditional Jewish scriptural interpretation.
In their academies the rabbis and their disciples transmitted, commented, and debated Jewish law; the records of their deliberations constitute the two talmuds:
that of the land of Israel and the much larger Babylonian Talmud. Although the talmuds contain much material in Hebrew, the basic language of these vast compilations is Aramaic (in Western and Eastern dialects).
That Hebrew, like Latin became a dead language, outside the churches and temples, an interesting aside.
ReplyDeleteDidn't know that, previously.
A question more pertinent to the topic of the thread:
ReplyDeleteAre the mobsters of Philly "Christians"?
They certainly do utilize Catholic symbolism in their rituals.
I am sure that they'd self-identify as Christians, God fearing, too.
The Story dislikes that "Foreign Influences" in Israel are "really" comparable to the "Foreign Interests" in Syria, Saudi Arabia and Iran.
ReplyDeleteThat everyone in that area claims the "other" is fomenting discontent, in their particular Homeland.
The visible effects, never caused by the conditions controlled, domestically.
The story stays the same, across the board.
Story finds this observation to be anti-Israeli. But does not dispute it's validity.
Instead, he wishes me ill.
Telling.
Hasidic man: "You ever heard of Masada? For two years, 900 Jews held their own against 15 thousand Roman soldiers. They chose death before enslavement. And the Romans, where are they now?"
ReplyDeleteTony Soprano: "You're looking at them, asshole."
.
ReplyDeleteAsh and Quirk:
…Many more crooks in Government were involved, you can remain in denial if you wish.
Once again Doug, you muddle off in another direction, failing to stay on point. At least now, after your clarifying posts, I can see the point you were actually trying to make initially.
However, both Ash and I responded to your initial statement:
The Banks were bullied into taking risks they would not have taken by the "regulators"
To clarify, it wasn’t the bank regulators that bullied the banks. It was the various administrations involved that were pushing home ownership. As noted in the video you posted, the big push started with legislation issued back in the 70’s.
If anything the regulators didn’t do their jobs by not assuring that the banks were making credible loans.
.
They should have paid their taxes, Ms T.
ReplyDeleteThe Emperor sanctioned the construction of the Temple, on the Mount. The Aramaic speakers should have acknowledged reality, that the Roman security umbrella spread across the Mediterranean, while allowing them religious freedom.
The Temple itself exemplifies the religious freedom the Romans permitted the locals.
.
ReplyDeleteHowever, Dougo, let’s address the actual content of the clarifying posts you put up. In many respects what you put up is correct. No one can deny it. Nobody is trying to deny. There were a lot of dicks who brought us to where we were at in 2008.
Carter, Clinton, Obama, Acorn, Fannie, Freddie, and Sub Prime Loans
Many more crooks in Government were involved, you can remain in denial if you wish.
Denial? No one is denying this.
However, as usual you choose to frame the whole story in political terms and again from just one side of the equation. In addition to the players you have listed, there were many others that brought us to 2008.
There was Greenspan and his low interest rate policy. There were millions of Americans buying homes they couldn’t afford and others flipping homes to get rich. There were the banks and the mortgage companies getting rich off sub-prime and alt-A loans. The same banks that were bundling the sub-prime loans and selling them to people and institutions around the world as AAA. Hell, Fannie Mae didn’t really get into the sub-prime fiasco in any meaningful way until around 2004-2005, and then only because they were losing market share and profits to the other banks and mortgage companies.
And as I pointed out, you once again only look at these things from one side of the equation. As rat pointed out, you ignore anything the GOP did. Look at this.
THE RECKONING:
White House Philosophy Stoked Mortgage Bonfire
It was a major clusterfuck and there were a lot of people we can blame including home buyers, the FED, banks and mortgage companies, the GSEs, and the politicos from both sides of the aisle.
Try getting a little balance in your outlook and maybe we will agree more often.
.
As long as they paid their "Fair" share.
ReplyDeleteHerod had it right, Judaism surely blossomed under his leadership.
It was he that had that palace, at Masada, built. It was he that built the Temple.
It was he that acknowledged the political and military power, of Rome.
It was those that followed that paid for the Coliseum, in Rome
ReplyDeleteCircles and Cycles
Scenes that we've all seen before.
It was prophesy, that the Romans would come:
ReplyDeleteAramaic Bible in Plain English (©2010)
“And they shall destroy you and your children within you and they shall not leave you one stone standing on another, ...
All because they did not render unto Caesar his due.
Congressman Issa says that 2,000 weapons were trafficked into Mexico, "Fast & Furious".
ReplyDeleteHe claims that hundreds have died as a result, in Mexico.
Holder lied, after people died.
DR: desert rat said...
ReplyDeleteIt was prophesy, that the Romans would come
"Then said the Lord of the vineyard, What shall I do? I will send my beloved Son: it may be they will reverence Him when they see Him. But when the husbandmen saw Him, they reasoned among themselves, saying, This is the Heir: come, let us kill Him, that the inheritance may be ours. So they cast Him out of the vineyard, and killed Him. What therefore shall the Lord of the vineyard do unto them? He shall come and destroy these husbandmen, and shall give the vineyard to others." (Yeshua bar Yosef)
ReplyDelete“And they shall destroy you and your children within you ... because you did not know the time of your visitation.
A reference, perhaps to those tens of thousands Jewish souls the Chief Rabbinate of Israel claims are being murdered each year?
If so, than that was a prophetic curse, with potency.
The ever famous
ReplyDelete"They"
The foreign influences?
Or the Leadership of the Tribe?
Rat and Ms T really do make me laugh...
ReplyDeleteThey get to pasting all sorts of "Jewish" or Israel stuff and don't get the basic mistakes they repeat BLINDLY.
They do this over and over ...
and it is quite amusing...
Will I correct them?
NOT A CHANCE ON YOUR LIFE.
But for the record, I must confess, watching those two "quote" and offer insight to something they just dont have a clue about is funnier than shit....
Another Tread Hijacked by Rat and Ms T...
ReplyDeleteYep..
same shit, different day...
"Will I correct them?
ReplyDeleteI'm interested in what you'd have to say.
Doug,
ReplyDeleteWhat Quirk said plus - those unregulated bankster cowboys leveraged the fuck outta everything (like 30 to 1) including all that bad mortgage paper (which they happily created) and then cried the blues when forced to value their paper for what it was worth on the market thus putting them a tad low on required capital.
It would be nice if life were as simple as you suggest but, alas, it isn't.
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ReplyDeleteYou broached the subject.
ReplyDeleteThat the subsequent discourse did not flow your way, predictable.
Perhaps you've also awakened to the political bent of the Noble's, as a character reference.
Rather than further endorsing those winning the award, as is evident in your list, and of Mr Obama's Peace Prize.
Not advocating that the Committee decisions are based upon proven performance, rather than cultural or political popularity.
While Ms T and I have stayed on the historical perspective, of the Philly mobsters, how they are culturally Romanesque.
ReplyDeleteCorrupt politicos and police, tribute payments, fratricidal intrigues and the like.
WiO doesn't have the chops to "correct" anybody, DR. All he can do is hurl insults.
ReplyDeleteThe Romans, not that ideological.
ReplyDeleteNot religiously exclusive.
In it for the Power, Glory and Wealth.
Wanting to "wet their beak" at every opportunity.
Ruling through a combination of fear and intimidation, with a taste of compromise and accommodation thrown in the mix. If compromise and accommodation were in Rome's "Interest".
Exemplified by allowing the Carthaginians multiple opportunities for compromise, before finally sowing their land with salt.
I do know that the visualization of "kissing the ring", in the Mario Puzo's "Godfather", as directed by Francis Ford Coppola, is Romanesque.
ReplyDeleteRome before Catholicism.
MSNBC reports that thousands of Union workers are massing to march to Wall Street.
ReplyDeleteReporting that protests are now in 50 cities.
I had asked a few weeks ago ...
If things were so bad ...
Where were the protests?
Now there's an answer to that question.
Organizing this spontaneous political Occupation.
Tents are now outside City Hall, in downtown LA, California.
ReplyDeleteYou've got to love ...
ReplyDeletethe spontaneity.
The Occupation Forces are the Tea Party before it was corrupted.
That's the MSNBC storyline, today.
MSNBC tells US that how this Occupation movement started, unimportant.
ReplyDeleteWho funded and organized the Canadians, not worth following.
Lean Forward.
;-)
Mr Obama s "On the Trail" propagating the idea that Mr Cantor and the GOP have taken intransigent positions.
ReplyDeletePrepping the field for him to take unilateral action.
The Talking Head now saying a large segment, there, want to target the Federal Reserve, specifically.
Mr Obama, leading US ...
Home to Jacksonville
I can envision Mr Obama, in a Rose Garden chat, telling US he has listened to Mr Perry and Dr Paul. That Bernie Sanders and the voice of the people, vocalized in protests across the land have swayed him.
ReplyDeleteHe has studied the positions of our Founding Fathers, of Jefferson and Hamilton along with the writings of Andrew Jackson and he has been swayed.
That his Administration supports the legislation that would allow for an audit of the Federal Reserve.
As part of a "Bigger Package".
Leaving the Republicans, by default, to defend the bankers.
Pure Alinsky.
ReplyDeleteThe idea that the President would not use the power and authority available to him...
Nonsensical.
He and his ...
Setting up the battle field.
Choosing the ground.
One year out ...
Spontaneously.
To Big to Fail
ReplyDeleteis
To Big to Allow
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