N
Nara
Guest
Folks,
For all intents and purposes spirituality is a fraud by itself. Well, I know, that is probably a little too harsh. For it to be a fraud there must be intentionality, and spirituality is used only sometimes with intentionality to defraud, the rest of the time it is just our ancestral property, namely, delusion.
While spirituality offers fertile ground for frauds of all kind, non-spiritual areas are not devoid of its share of frauds. The systemic corruption in India, and other developing nations, is too well known to need any special comment.
But what about the so called developed nations? Well, there is an adage that says there is a sucker born every minute. So, as long as there are suckers around, there will always be frauds to take advantage. Caveat Emptor, they say. So, if you get duped, you have only yourself to blame.
But what about the frauds who defraud legally? You see, this happens only in the so called developed nations.
This City Manager finagled a job with a salary of nearly $800K managing a small and one of the poorest of California Cities called Bell City, population 30,000. For comparion, President Obama makes $400K managing the entire country. Click here for more details.
Since reports of this super exorbitant salary surfaced, the city manager was fired, but the city is still obligated by law to pay this weasel his last drawn salary as pension for the rest of his life.
What do you call this? Corruption? Legal fraud?
Then there is the merger of Merrill Lynch and Bank of America (BOA) of 2008. Part of the deal Merill executives negotiated with BOA was bonus payment of $5.8 billion. Merrill Lynch executives ran the company to ground and then, prodded by Bush Treasury Secretary Henry Paulson, made a deal with BOA to take Merrill over, and in the bargain wrote into the contract a bonus payment of $5.8 billion to themselves, the very same Merrill executives who ran the company to ground in the first place. BOA was later charged by US Securties and Exchaneg Commission, the watchdog arm of the US government, but they paid a paltry $33 million fine without even admitting guilt. Everything is legal and dandy.
Perfectly legal corruption on a grand scale. MK and his family are just ammeters.
Cheers!
For all intents and purposes spirituality is a fraud by itself. Well, I know, that is probably a little too harsh. For it to be a fraud there must be intentionality, and spirituality is used only sometimes with intentionality to defraud, the rest of the time it is just our ancestral property, namely, delusion.
While spirituality offers fertile ground for frauds of all kind, non-spiritual areas are not devoid of its share of frauds. The systemic corruption in India, and other developing nations, is too well known to need any special comment.
But what about the so called developed nations? Well, there is an adage that says there is a sucker born every minute. So, as long as there are suckers around, there will always be frauds to take advantage. Caveat Emptor, they say. So, if you get duped, you have only yourself to blame.
But what about the frauds who defraud legally? You see, this happens only in the so called developed nations.
This City Manager finagled a job with a salary of nearly $800K managing a small and one of the poorest of California Cities called Bell City, population 30,000. For comparion, President Obama makes $400K managing the entire country. Click here for more details.
Since reports of this super exorbitant salary surfaced, the city manager was fired, but the city is still obligated by law to pay this weasel his last drawn salary as pension for the rest of his life.
What do you call this? Corruption? Legal fraud?
Then there is the merger of Merrill Lynch and Bank of America (BOA) of 2008. Part of the deal Merill executives negotiated with BOA was bonus payment of $5.8 billion. Merrill Lynch executives ran the company to ground and then, prodded by Bush Treasury Secretary Henry Paulson, made a deal with BOA to take Merrill over, and in the bargain wrote into the contract a bonus payment of $5.8 billion to themselves, the very same Merrill executives who ran the company to ground in the first place. BOA was later charged by US Securties and Exchaneg Commission, the watchdog arm of the US government, but they paid a paltry $33 million fine without even admitting guilt. Everything is legal and dandy.
Perfectly legal corruption on a grand scale. MK and his family are just ammeters.
Cheers!