Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

Wednesday, June 22, 2011

Supreme Court Throws Out Walmart Sex Bias Lawsuit

As the Judiciary Report expected, the U.S. Supreme Court, has thrown out a sexual discrimination lawsuit against retailer Walmart, brought by its female employees, who are struggling to make the same promotions and pay as male counterparts.

As published here three months ago (Walmart Sex Discrimination Lawsuit At Unsympathetic Supreme Court), the Judiciary Report did not like Justice Scalia’s sarcastic and unsympathetic comments about the case, leading the site to believe, he was going to spearhead the charge to shoot down the legal petition.

This week it was announced, the lawsuit has been thrown out. Scalia is once again, defying the purpose of having checks and balances in a nation, when he sways court cases among the justices and even installed a president, as he did with Bush in 2000 (look it up, he is credited with pushing the other members of the court to rule the presidency belonged to Bush, not Gore).

Once again, the Judiciary Report’s statements regarding the Supreme Court and Federal Courts, routinely siding against everyday people, many of whom have been terribly victimized, in favor of large corporations, has been proven correct.

It’s a pity, because if the Supreme Court and Federal Courts as a whole, had shown some integrity and backbone over the past few years, the 2008 financial crisis would not have unfolded as it did, having been halted in the court system. Instead, what the nation and the world saw, was the aforementioned courts waving through outrageous and egregious conduct by wealthy criminals robbing and defrauding the public.

There is well-documented evidence illustrating that a number of credible cases went through the courts, alleging serious financial misconduct by Wall Street corporations and ponzi schemers, such as Madoff and Stanford, but were corruptly thrown out, in favor of rich criminals that lined their bank accounts, at the expense of the middle class and lower income people.

However, they did this to their own detriment, because when financial calamity strikes a nation, the court system inevitably suffers as well, due to loss revenues and after a while, diminished importance, lighter case loads and layoffs. When people lose faith in the court system, they also turn to alternative legal services to arbitrate their grievances.

Friday, June 17, 2011

Michael Douglas' Ex-Wife Loses Legal Battle For Wall Street Money


Michael Douglas

Diandra Douglas, the ex-wife of actor Michael Douglas, has lost a protracted legal battle, which was an attempt to receive funds from the film "Wall Street 2." The Douglas' divorce settlement reached a few sticking points when they arrived at the issue of dividing marital assets and future royalties from the actor's films.

Michael Douglas and Diandra Douglas in the 1980s

However, the divorce was eventually decided, after 23-years of marriage, which is regrettable. In 2010, Douglas did the sequel to the film "Wall Street." Diandra Douglas contested the divorce settlement, as the first film took place during their marriage in the 1980s and as such, she believed she was entitled to money from what became a franchise with the sequel. However, Judge Matthew F. Cooper denied the appeal stating it is a matter for the California courts to decide.

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Thursday, May 19, 2011

Cornel West Denounces President Obama


Professor Cornel West and President Barack Obama

Prominent African-American Princeton professor, Dr. Cornel West, has publicly denounced U.S. President, Barack Obama, for becoming, “A black mascot of Wall Street oligarchs and a black puppet of corporate plutocrats.” Sadly, this is true.

West went on to state, “Where is the Democratic accountability on the Wall Street oligarchs and corporate oligarchs?… Geithner and Company tied to Wall Street? That is not encouraging at all.” Again, this is true.

Obama has sold his soul in allowing corporate interests to gouge and pillage the poor in America. He has been complicit in the terrible financial abuses, while letting rich criminals run free. Obama has publicly embraced corporate criminals, in exchange for massive campaign donations for his reelection bid, not realizing that money shall be worthless to that end, if the people, everyday people, fail to back him over brazen corruption. You think about that - what good will that campaign money do, when people decide we saw what you did and will not vote for you.

West is correct, as Obama has forsaken what is right and ethical, in favor of Wall Street and Hollywood corporations donations. He is treading a very treacherous path to being voted out in 2012 and will have no one but himself to blame for that disgraceful conclusion to his time as President.

Obama also needs to stop playing the race card with the black community, to keep us reeled in, while he sells out the rights and interests of the poor and middle class, to greedy corporate titans. People are suffering under the current economic climate, both black and white and there is nothing amusing or good about that.

STORY SOURCE

Cornel West Blasts Obama’s Failure to ‘Fight’ Wall Street Criminals

Cornel West yanks Obama’s credentials as a black man

Thank You Cornel West