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Forum Post: And Their Hair Was Perfect: Werewolves of WallStreet

Posted 1 year ago on March 7, 2013, 11:15 a.m. EST by shooz (26599)
This content is user submitted and not an official statement

These are people that live in a world, alien to the 99%.

How much did we pay for Jamie's hair cut?




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[-] 2 points by Middleaged (5140) 1 year ago

Actually If Industry Wants to be less Regulated, FINRA is the Industry self regulating organization... If FINRA does its job, we would not have to lock up Senior banking Executives and File Class action Lawsuits... Normal Industry prefers self regulation, but Wealthy Players Lobby and Buy Congress and Regulators as we know.

If you want to look at Federal Budget Data a little. I need some help from someone that knows Congressional Staff Members to ask Budget Question below. It is a little fishy, but maybe be a normal data presentation problem ... Like what happens when you "Roll up all the Data under one Heading". Congress would have to call Treasury to get the Answer, but I may try calling them tomorrow just doubt any answers. You don't have to answer me on this ... I figure you might be interested and ... you might have some expertise and contacts.

Sort of afraid that Funds for education paid by the federal government are getting funneled off to a corporation or to indoctrinate our kids. I'm looking at 2 Treasury Statements a Daily (see 1st page) and a Monthly Treasury Statement (see page 9)

https://fms.treas.gov/fmsweb/viewDTSFiles?dir=a&fname=12092800.pdf (Daily Treasury Statement, 28 September 2012)

https://www.fms.treas.gov/mts/mts0912.pdf (monthly Treasury Statement End of Year September 2012)

Hey maybe you could check with your congressman's staff for explaination of the Difference Between Withdrawls on the Daily Treasury Statement for Education Department Programs $226 Billion for the Year 2012... and the Monthly Treasury Statement for 2012 which shows Total Education department Outlays of $57 Billion on page 9.

https://www.fms.treas.gov/mts/mts0912.pdf (end of year, September 2012, Monthly Treasury Statement)

The Question is about if trust Funds, Personnel benefits, or tuition Loan programs are rolling up to the Daily Withdrawls... but are not considered part of Department of Education in the Treasury Monthly Statement. Like outside programs confuse the issue...

The thing is the federal Department of Education should not really have a lot of employees. The Department of Defense & State Department would have some Teachers, administrators, and payroll deductions, health benefit deductions, pension deductions, ... The only other thing that is as expensive as employees ... is Tuition.

But if we have Increased Federal Budget Lines in the Department of defense because we have family dependents overseas, and Increased Teacher Payrolls, increased teacher benefit deductions ... this is kind of a hidden cost of Defense in some ways.

Perhaps as an outside chance, DOD Tuition Programs could apply to Veterans & Soliders within DOD Budget Lines for the Monthly treasury Report ... while showing up as Education Department Program Daily Withdrawls.

I hate to think that there is a Financial Scheme for Paying educators to teach school in the USA when we all think they are State Funded - State Controlled Teachers....

[-] 2 points by shooz (26599) 1 year ago

Increasingly low wages, drive WallStreet profits in times of low investment returns.

Union yes!!

[-] 1 points by Middleaged (5140) 1 year ago

I found part of the reason for the US Treasury Data on Daily Statements cumulative program adding up to $226 Billion:

1) Free Tuition for Military:



2) Probably Military Academys, DOD Universities & Colleges

https://en.wikipedia.org/wiki/List_of_United_States_military_schools_and_academies (holy crap check these lists)

The Military has many on site univesities or Colleges for Military & MIlitary Families, Civilians or whatever.

3) US Government Agencies have their own Univesities

a) USDA has Universities
b) DOD has Acquisition Universities

4) Tuition Assistance in the Military for Veterans

Veterans of War can transfer education benefits to children or use the free benefits themselves

5) Military & State department Schools for Dependents pays salaries and Benefits, Builds & Maintains School buildings, and if college is involved the Federal Government probably pays a subsidy for college Salaries and provides Class Rooms overseas in a US Federal Building .....

So Looks like Federal Employees & Veterans & Military People have more Educational Benefits than all of the Federal Money Budgeted for the Department of Education by far. $226 Billion is like 3 times the amount accepted as our Education Budget.

[-] 1 points by shooz (26599) 1 year ago

I'm still trying to figure out what you are getting at.

Are you saying the the education portion of the military budget is larger then the education budget for the entire country?

[-] 1 points by Middleaged (5140) 1 year ago

Yep, I think Governmnet Education, Training, Veteran Education, Colleges & Universities at Military Installation come out of Federal Funding ... and Free Tuition is a lot of Money. Mandatory Training is expensive. I think they are rolling all of this up to the Treasury Daily Report as Education. I think the people get crumbs.

I have to Add: It has turned into a Corporate Industry, a Corporate Give-away ... Just like the War and the Privatization going on. And much of the money probably goes to Big TBTF Banks if it is Tuition.

So $226 B - $57 B = Corporate Welfare of $169 Billion Dollars.

[-] 1 points by shooz (26599) 1 year ago

One of the things this shows me is that at the federal level, they understand the importance of a proper education.

It's the states the bicker and cut funds and allow the teaching of bullshit like creationism.

Unlike some areas of the country, stupidity is not rewarded in the military.

They need to know reality.


[-] 1 points by Middleaged (5140) 1 year ago

Yes, The Taliban are high tech and have education. There was a story on Al Jezzera last nite about a bombing ... the Afgan police or forces don't even know about Youtube yet. Education is really the thing in many cases. But it can be wasteful. Just think of all the paper the government produces and all the policies. Now that we have computers with video training ... the govt can just send out policies with training videos at the same time. Obviously requiring training since a purchase has been made and some office has created the training ... doesn't mean it is any more useful or in depth info than 20 years ago. I've seen some of the Terrorism video training ... looked totally useless to me. But I guess you can reach every single employee if they have email and a computer.

And it becomes a performance measure or a metric and to some a sign of success and acomplishment.

I ran the numbers for Ratios between Dollars going to Education on the Monthly Trasury Report with the Dollars going out on the Daily Treasury Withdrawls. 1999 was 64% going to the Dept of Ed about $33 Billion Dollars. The Ratio went up a bit under Bush and during the Wars. Then in 2009 the Dollars Raced upward and the Ratio Shrank. This was after the Financial Crisis and then into the Recession. The Ratio of Dollars going to the Dept of Education went to 28% in 2009. Today it is 25%.

Now, it looks like a Spending Program in Response to the Financial Crisis ... and Really Could be some kind of Secret gift to the banks or corporations.

[-] 1 points by shooz (26599) 1 year ago

Real Americans are expected to go into debt for their education.

School coupons anyone?

[-] 2 points by GirlFriday (21771) 1 year ago
  1. “We've got to get companies to regulate themselves…”


[-] 1 points by shooz (26599) 1 year ago

The magical mystical invisible hand, doncha' know.

I thought regulating themselves was the problem.

So now they want to write even more of their own laws, so we can do even less about it?

I guess that's why they need even MORE record profits.

Countries and politicians are getting more expensive these days.

Something about a concern over rolling heads.

[-] 2 points by GirlFriday (21771) 1 year ago

That's almost as bad as what's his face saying that the libertopia in Russia failure was about the rule of law.

[-] 2 points by shooz (26599) 1 year ago

REAL corporations don't need no stinkin' laws!!!!

Laws are for the little people who can't afford to buy them out.