Robert Oak's blog

La-La Libor Lawsuit Land

Another bank ripoff and another lawsuit dismissed.  The Libor manipulation scandal spurred private investors and others to sue the banks over their losses.  A judge just threw out major portions of their case.  There were at least 22 Plaintiffs.  Now groups like the City of Baltimore are out of luck in recovering all of their losses due to banks manipulating a key interest rate.

Friday Movie Night - A Collection of Outrage

Tonight's Friday Night Video is a collection of news and interview clips that need to be seen to be believed.  The first is a report from NBC Rock Center on how people are getting their identities stolen and then ripped off.  If that wasn't bad enough, identity thieves are filing bogus tax returns and collecting the refunds

The Boys Club of Tech Perpetuated by Foreign Worker Visas

It is 2013 and a dirty little secret is once again coming to light.  Silicon valley is devoid of women computer scientists and engineers.   It all started at a tech conference where two men in the audience were engaging in tech's typical juvenile sex jokes chatter with a woman techie sitting right in front of them.

Friday Movie Night - The Flash Crash

It's Friday Night! Party Time!  Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!  Tonight's documentary is Money & Speed: Inside the Black Box.   It is a nanosecond by nanosecond account of the May 6th, 2010 flash crash,  the most famous of sudden jolts to the markets due to automated computerized trading. 

The Lobbyist Congressional Cheap Labor Drone Marches On

The Lobbyists are gearing up in hopes of obtaining more methods to flood the U.S. labor market with cheap, controllable foreign labor.  The target is to include their agenda in the upcoming Comprehensive Immigration Reform legislation.  As a result, we have been inundated with lobbyists lies, planted articles and even faux pas Congressional hearings, all geared to media spin the public.  CEOs are even  having summits, all to make sure they obtain more foreign labor so these businesses do not have to hire Americans.

Holder Claims He Can't Prosecute the the Banks Because It Would Negatively Impact the Global Economy

Attorney General Eric Holder, the highest law enforcement officer in the land, said he cannot prosecute the big banks because that would endanger the global economy.  This is an admission the world is run by the banks and not governments or the rule of law.