This is the beginning of the end for the man who would be king. Mr. Elliot Spitzer loses big time and blows chunks. Elliot Spitzer's reputation is wiped out with a single case. One of his most celebrated cases in fact, as a Manhattan jury acquitted Bank of America's Ted Sihpol on 29 of 33 counts over the charges of grand larceny and fraud. He was accused of helping a hedge fund trade Mutual Fund shares after hours (4PM). The remaining accounts became a deadlock jury. He walks scott free since he committed no crimes.
It sure appears that Elliot Spitzer's days are numbered and that he made up the whole case to further his political interests to become Governor of New York. Some say Elliot Spitzer is the sleaze from hell and he is as crooked and corrupt as they come. Others agree and a few just do not have the cranial capacity to hold that opinion. Such abuse of power has elevated him to infamous status. The often labeled arrogant, self important, meglomanic gone bureaucratically ballistic man will probably be headed for a sharp fall now that everyone knows the truth, that his cases are simply bogus.
In the New York Post the headline reads "DEMS HOPE BIG SETBACK IS FORGOTTEN BY ELECTION DAY" By FREDRIC U. DICKER State Editor Albany. Fredric the top New York Editor goes on to say;
"Attorney General Eliot Spitzer's reputation as the Sheriff of Wall Street suffered its first major blow yesterday, but just how serious the damage will be to the highly ambitious Democratic gubernatorial hopeful remains to be seen."
Elliot Spitzer seems to be continuing his fishing expedition, going after big names and huge companies. Apparently he does not care if the charges are relevant only that his name is in the headlines everyday. Many on Wall Street are glad to see the tyrant dictator "Chairman Kim Jong Il" type get a reality check. Others compare what he has done to free enterprise to that of the 9-11 attacks of Osama Bin Laden. After all his two biggest cases have "American" in their names. Elliot Spitzer has single handedly done more to hurt America's competitiveness in World Markets than the trade deficit with China
Many junior regulators who file bogus cases and emulate him will have their little feelings hurt now, but they know that the courts will no longer put up with sort BS. This is a good day for America to right the wrongs of one Elliot Spitzer as we reign in the regulatory abuses of power.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
Telemarketing and DO NOT CALL lists sure made headlines, but... Read More
There are many types of fuels besides that gasoline we... Read More
With gasoline prices at the pump climbing strongly into the... Read More
The globalist's are the new breed, the new generation if... Read More
All the indicators show an improving economy and, finally, the... Read More
A Governmental commission, headed personally by the Prime Minister has... Read More
The Federal trade Commission has a rule, which says that... Read More
Well having studying the need for decreasing America's dependence on... Read More
Contrary to the Hobbesian prediction of anarchy (freedom) and brutish... Read More
We are destroying our freedoms and slowing innovation, due to... Read More
When Boris Yeltsin spoke about an experiment that 'they' wrought... Read More
After arranging the Armistice that ended or settled outstanding issues... Read More
With respect to the States' databases, you may not locate... Read More
Federal Trade Commission Owes Industry and Entrepreneurs an Apology. The... Read More
1. United States of America (USA)In the United States, legislation... Read More
Clint Eastwood recently plunged into the murky political pond with... Read More
The official figures are staggering: 35% of the workforce -... Read More
(Note: This article was written slightly before the 2004 election;... Read More
These leaders like the Rothschilds who backed Crowley's Hermetic Order... Read More
Our Airports have excess capacity, which is not being used... Read More
Large parts of the world today suffer from a severe... Read More
"The only time I open my mouth is when I... Read More
After the dance the piper must be paid. To help... Read More
The plight of whistleblowers ? those employees who sound the... Read More
This is the first of a series of four articles... Read More
China is serious about breaking into the bio-tech field and... Read More
The UnbornWith all this cloning in the news one can't... Read More
Last week, I began my look ahead to the 2008... Read More
I like Bill O'Reilly. I do. I have read two... Read More
Today we wish to examine a fallacy, or error in... Read More
It is a law that we register deadly weapons with... Read More
The newest pebble reactors are easy to build and manage... Read More
I hear it all the time; you can't say that.... Read More
How many legs does a dog have if you call... Read More
Former Senator, Daniel Moynihan, accurately summed up the situation when... Read More
Iran has threatened to raise America's fuel prices again. They... Read More
It cities across America water is an issue, the flow... Read More
An American soldier is taken behind enemy lines and brainwashed... Read More
We know we can cloak a giant airship from those... Read More
Clint Eastwood recently plunged into the murky political pond with... Read More
Those of us hundreds of miles from ground zero sat... Read More
Many very nice and loving homosexual male couples want to... Read More
All the indicators show an improving economy and, finally, the... Read More
Recent international wars and the often spectacular ways in which... Read More
With people living longer we have some problems as those... Read More
A SOLUTION FOR EMPLOYMENT PROBLEMS TO AID IN THE FIGHT... Read More
Commission for Africa (CFA), one is made to understand is... Read More
Recently I got to talking with a gentleman at a... Read More
We are told by out leadership that we risk loss... Read More
Elliot Spitzer, recently said he wanted to drive a stake... Read More
Political |