[LA_Renter]

From Wiki

A kleptocracy (sometimes cleptocracy, occasionally kleptarchy) (root: klepto+kratein = rule by thieves) is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population.

Characteristics

Kleptocracies are often dictatorships or some other form of autocratic and nepotist government, or lapsed democracies that have transformed into oligarchies.

Effects

The effects of a kleptocratic regime or government on a nation are typically adverse in regards to the faring of the state’s economy, political affairs and civil rights. Kleptocracy in a government often results in a severe deficit of foreign investment prospect, and drastic weakenings in the market and exportation/importation affairs. As the kleptocracy often embezzles its money from its citizens by misusing funds derived from tax payments, or money laundering schemes, a kleptocractically structured political system can be degrading to the quality of life of the general populace. In addition, the stolen funds that kleptocrats take to their own gain is often removed from funds that were to go towards public improvements, such as the building of hospitals, schools, roads, parks and the like, bringing about yet further adverse effects on the quality of life of the citizens living under a kleptocracy.[3] The pseudo-oligarchy that results from a kleptocrat elite can also be undermining to the democracy, or any other political format the state is ostensibly under.[4]

[LA_Renter]

From Wiki

A kleptocracy (sometimes cleptocracy, occasionally kleptarchy) (root: klepto+kratein = rule by thieves) is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population.

Characteristics

Kleptocracies are often dictatorships or some other form of autocratic and nepotist government, or lapsed democracies that have transformed into oligarchies.

Effects

The effects of a kleptocratic regime or government on a nation are typically adverse in regards to the faring of the state’s economy, political affairs and civil rights. Kleptocracy in a government often results in a severe deficit of foreign investment prospect, and drastic weakenings in the market and exportation/importation affairs. As the kleptocracy often embezzles its money from its citizens by misusing funds derived from tax payments, or money laundering schemes, a kleptocractically structured political system can be degrading to the quality of life of the general populace. In addition, the stolen funds that kleptocrats take to their own gain is often removed from funds that were to go towards public improvements, such as the building of hospitals, schools, roads, parks and the like, bringing about yet further adverse effects on the quality of life of the citizens living under a kleptocracy.[3] The pseudo-oligarchy that results from a kleptocrat elite can also be undermining to the democracy, or any other political format the state is ostensibly under.[4]

[LA_Renter]

From Wiki

A kleptocracy (sometimes cleptocracy, occasionally kleptarchy) (root: klepto+kratein = rule by thieves) is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population.

Characteristics

Kleptocracies are often dictatorships or some other form of autocratic and nepotist government, or lapsed democracies that have transformed into oligarchies.

Effects

The effects of a kleptocratic regime or government on a nation are typically adverse in regards to the faring of the state’s economy, political affairs and civil rights. Kleptocracy in a government often results in a severe deficit of foreign investment prospect, and drastic weakenings in the market and exportation/importation affairs. As the kleptocracy often embezzles its money from its citizens by misusing funds derived from tax payments, or money laundering schemes, a kleptocractically structured political system can be degrading to the quality of life of the general populace. In addition, the stolen funds that kleptocrats take to their own gain is often removed from funds that were to go towards public improvements, such as the building of hospitals, schools, roads, parks and the like, bringing about yet further adverse effects on the quality of life of the citizens living under a kleptocracy.[3] The pseudo-oligarchy that results from a kleptocrat elite can also be undermining to the democracy, or any other political format the state is ostensibly under.[4]

[LA_Renter]

From Wiki

A kleptocracy (sometimes cleptocracy, occasionally kleptarchy) (root: klepto+kratein = rule by thieves) is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population.

Characteristics

Kleptocracies are often dictatorships or some other form of autocratic and nepotist government, or lapsed democracies that have transformed into oligarchies.

Effects

The effects of a kleptocratic regime or government on a nation are typically adverse in regards to the faring of the state’s economy, political affairs and civil rights. Kleptocracy in a government often results in a severe deficit of foreign investment prospect, and drastic weakenings in the market and exportation/importation affairs. As the kleptocracy often embezzles its money from its citizens by misusing funds derived from tax payments, or money laundering schemes, a kleptocractically structured political system can be degrading to the quality of life of the general populace. In addition, the stolen funds that kleptocrats take to their own gain is often removed from funds that were to go towards public improvements, such as the building of hospitals, schools, roads, parks and the like, bringing about yet further adverse effects on the quality of life of the citizens living under a kleptocracy.[3] The pseudo-oligarchy that results from a kleptocrat elite can also be undermining to the democracy, or any other political format the state is ostensibly under.[4]

[LA_Renter]

From Wiki

A kleptocracy (sometimes cleptocracy, occasionally kleptarchy) (root: klepto+kratein = rule by thieves) is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population.

Characteristics

Kleptocracies are often dictatorships or some other form of autocratic and nepotist government, or lapsed democracies that have transformed into oligarchies.

Effects

The effects of a kleptocratic regime or government on a nation are typically adverse in regards to the faring of the state’s economy, political affairs and civil rights. Kleptocracy in a government often results in a severe deficit of foreign investment prospect, and drastic weakenings in the market and exportation/importation affairs. As the kleptocracy often embezzles its money from its citizens by misusing funds derived from tax payments, or money laundering schemes, a kleptocractically structured political system can be degrading to the quality of life of the general populace. In addition, the stolen funds that kleptocrats take to their own gain is often removed from funds that were to go towards public improvements, such as the building of hospitals, schools, roads, parks and the like, bringing about yet further adverse effects on the quality of life of the citizens living under a kleptocracy.[3] The pseudo-oligarchy that results from a kleptocrat elite can also be undermining to the democracy, or any other political format the state is ostensibly under.[4]

[LA_Renter]

CNBC acted the same way with the emergency rate cuts, opening of the discount window, Bear Stearns, etc etc etc. The rally monkey is in full force today and that is all they care about. As always the devil will be in the details. I find it somewhat sickening to see the smile on the faces when we are looking at a taxpayer bailout that is approaching $1.1 Trillion. In fact there is a bit of anger that is beginning to boil. Of course I would be just as angry if they let this go and we watched the entire western financial credit structure collapse (not hyperbole), that would more than likely take my primary income in the form of a job loss. This whole thing disgusts me to no end. The only you can do is grab a bag of popcorn and watch the show. Now the real question of the day is what the True Impact on the real economy has been?? After the market gets over its speedball high the market will be looking at how this whole thing has impacted earnings, don’t be surprised if it is very significant.

[LA_Renter]

CNBC acted the same way with the emergency rate cuts, opening of the discount window, Bear Stearns, etc etc etc. The rally monkey is in full force today and that is all they care about. As always the devil will be in the details. I find it somewhat sickening to see the smile on the faces when we are looking at a taxpayer bailout that is approaching $1.1 Trillion. In fact there is a bit of anger that is beginning to boil. Of course I would be just as angry if they let this go and we watched the entire western financial credit structure collapse (not hyperbole), that would more than likely take my primary income in the form of a job loss. This whole thing disgusts me to no end. The only you can do is grab a bag of popcorn and watch the show. Now the real question of the day is what the True Impact on the real economy has been?? After the market gets over its speedball high the market will be looking at how this whole thing has impacted earnings, don’t be surprised if it is very significant.

[LA_Renter]

CNBC acted the same way with the emergency rate cuts, opening of the discount window, Bear Stearns, etc etc etc. The rally monkey is in full force today and that is all they care about. As always the devil will be in the details. I find it somewhat sickening to see the smile on the faces when we are looking at a taxpayer bailout that is approaching $1.1 Trillion. In fact there is a bit of anger that is beginning to boil. Of course I would be just as angry if they let this go and we watched the entire western financial credit structure collapse (not hyperbole), that would more than likely take my primary income in the form of a job loss. This whole thing disgusts me to no end. The only you can do is grab a bag of popcorn and watch the show. Now the real question of the day is what the True Impact on the real economy has been?? After the market gets over its speedball high the market will be looking at how this whole thing has impacted earnings, don’t be surprised if it is very significant.

[LA_Renter]

CNBC acted the same way with the emergency rate cuts, opening of the discount window, Bear Stearns, etc etc etc. The rally monkey is in full force today and that is all they care about. As always the devil will be in the details. I find it somewhat sickening to see the smile on the faces when we are looking at a taxpayer bailout that is approaching $1.1 Trillion. In fact there is a bit of anger that is beginning to boil. Of course I would be just as angry if they let this go and we watched the entire western financial credit structure collapse (not hyperbole), that would more than likely take my primary income in the form of a job loss. This whole thing disgusts me to no end. The only you can do is grab a bag of popcorn and watch the show. Now the real question of the day is what the True Impact on the real economy has been?? After the market gets over its speedball high the market will be looking at how this whole thing has impacted earnings, don’t be surprised if it is very significant.

[LA_Renter]

CNBC acted the same way with the emergency rate cuts, opening of the discount window, Bear Stearns, etc etc etc. The rally monkey is in full force today and that is all they care about. As always the devil will be in the details. I find it somewhat sickening to see the smile on the faces when we are looking at a taxpayer bailout that is approaching $1.1 Trillion. In fact there is a bit of anger that is beginning to boil. Of course I would be just as angry if they let this go and we watched the entire western financial credit structure collapse (not hyperbole), that would more than likely take my primary income in the form of a job loss. This whole thing disgusts me to no end. The only you can do is grab a bag of popcorn and watch the show. Now the real question of the day is what the True Impact on the real economy has been?? After the market gets over its speedball high the market will be looking at how this whole thing has impacted earnings, don’t be surprised if it is very significant.

[LA_Renter]

“So how do we get out of this mess?”

Let TIME run its course. Here is one of the better post on Calculated Risk about the necessary steps moving forward. It is a great read, you could even say CR is somewhat of an optimist here. Either way this will take years to correct not months.

http://calculatedrisk.blogspot.com/2008/09/comment-on-crisis-necessary-steps.html

[LA_Renter]

“So how do we get out of this mess?”

Let TIME run its course. Here is one of the better post on Calculated Risk about the necessary steps moving forward. It is a great read, you could even say CR is somewhat of an optimist here. Either way this will take years to correct not months.

http://calculatedrisk.blogspot.com/2008/09/comment-on-crisis-necessary-steps.html

[LA_Renter]

“So how do we get out of this mess?”

Let TIME run its course. Here is one of the better post on Calculated Risk about the necessary steps moving forward. It is a great read, you could even say CR is somewhat of an optimist here. Either way this will take years to correct not months.

http://calculatedrisk.blogspot.com/2008/09/comment-on-crisis-necessary-steps.html

[LA_Renter]

“So how do we get out of this mess?”

Let TIME run its course. Here is one of the better post on Calculated Risk about the necessary steps moving forward. It is a great read, you could even say CR is somewhat of an optimist here. Either way this will take years to correct not months.

http://calculatedrisk.blogspot.com/2008/09/comment-on-crisis-necessary-steps.html

[LA_Renter]

“So how do we get out of this mess?”

Let TIME run its course. Here is one of the better post on Calculated Risk about the necessary steps moving forward. It is a great read, you could even say CR is somewhat of an optimist here. Either way this will take years to correct not months.

http://calculatedrisk.blogspot.com/2008/09/comment-on-crisis-necessary-steps.html

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