The 1% are continuing to fail upwards in this rediculous system where gross negligence and failure instead of being punished is heavily rewarded

The 1% are continuing to fail upwards in this rediculous system where gross negligence and failure instead of being punished is heavily rewarded, no wonder we are on the eve of the destructuion of the world financial, political and media systems and institutes.

Just look at the outright salt in teh wound behaviour of teh 1% in the last week:

MF Global: Jon Corzine CEO (Ex Goldman Sachs Exec)

For Bankrupting the company by taking extreme risks by speculating on European sovereign debt, at the same time comingling clients account to make up the collateral on the margins needed for leveraging the speculation on the soverigen debt leading to the loss of $1.5 billion for its customers.

Result: $12 million golden parachute

Freddie Mac: Charles E. Haldeman CEO

Freddie Mac receiving $6 billion of tax payers money every quarter as well as tens of billions in previous bailouts to stay afloat.

Result: $4 Million severance package

NOTW: Rebecca Brooks

Whilst executive editor Phone hacking happened on an industrial scale with 5800 phone’s getting hacked (Known so far)under her watch which led to collapse of newspaper and 100’s losing their jobs

Result: £1.7 million severance package, with use of exclusive office in London and chauffer driven limousine for two years:

We all know what’s next , Bonus time in the city – One rule for the 1% another for the 99%

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