Thomas Jefferson said in 1802: "I believe that banking institutions are more dangerous to our liberties than standing armies."

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."-- Thomas Jefferson

"When in danger or in doubt, run in circles, scream and shout." .... jbd

"When once a job you have begun, do no stop till it is done. Whether the task be great or small, do it well, or not at all." .... Anon

Insanity: doing the same thing over and over again and expecting different results. - Albert Einstein

Television is one daylong commercial interrupted periodically by inept attempts to fill the airspace in between them.

If you can't start a fire, perhaps your wood is wet ....

When you elect clowns, expect a circus ..............




Sunday, December 1, 2013

Japan's yakuza mobsters becoming 'Goldman Sachs with guns'

Tokyo (AFP) - Japanese mobsters driving flash cars purchased with bank loans. Executives bowing in apology for loaning millions to those underworld figures. And high-level officials vowing to squash the crime syndicates, known as yakuza.

Japan Inc. is engulfed in its worst mob scandal in years and it's shining a rare light on the links between big business and shadowy organised crime groups usually known for low-brow ventures like extortion and loan sharking.

But with membership falling as police ratchet up a crackdown, experts say the yakuza are branching far outside their traditional business into everything from insider trading to funding business startups.

"Insider trading has become huge -- you can make much more money manipulating stocks" than extorting businesses, says Jake Adelstein, a crime writer whose bestselling memoir "Tokyo Vice" is set to become a Hollywood movie.

Adelstein, a former reporter at Japan's top-selling Yomiuri daily, likens the Yamaguchi-gumi, Japan's biggest organised crime group, to "Goldman Sachs with guns".

Many mobsters -- forever associated with full-body tattoos and lopped-off pinky fingers -- have now ditched that tough guy persona in favour of tailored suits and clean-cut look that could pass in any boardroom, Adelstein said.

"They're savvy investors," he said added. "They like to gamble."

The yakuza occupy a grey area in Japan's usually law-abiding society.

They are both feared and loathed as social outcasts, while they're revered in equal measure through film, fanzines and manga cartoons.