Re: on the financial meltdown

[David Farber <dave () farber net>]

Begin forwarded message:

From: Robert Alberti <alberti () sanction net>
Date: October 12, 2008 7:19:06 PM EDT
To: dave () farber net
Subject: Re: [IP] on the financial meltdown
Reply-To: alberti () sanction net

On Sun, 2008-10-12 at 18:14 -0400, David Farber wrote:
> Date: Sun, 12 Oct 2008 13:00:36 -0400
> From: Mark Stahlman<newmedia () aol com>
> No one -- including the US Treasury -- actually knows what they will
> do with the $700B.  That's one of the reasons why it was so hard to
> pass in Congress.

I can tell you what will be done with at least SOME of the $700B: it
will be stolen.

Actually it will probably be "misappropriated," with some portion of it
going to benefit the cronies of whatever agency or individuals are in
charge of allocating that money.  The imponderable sum of $700 billion
is greater than any king's ransom, and I am absolutely certain, human
nature being what it is, that someone, somewhere, is right at this
moment trying to figure out how they're going to get their hands on some
healthy portion of this money.

Eighteen billion dollars went missing when the U.S. invaded Iraq, some
of it toted off across the desert in sacks.  Some of this money will be
stolen too.
--
Robert Alberti, CISSP, ISSMP                       (612) 961-0507 cell
President, Sanction, Inc.                          (612) 486-5000 x211
http://sanction.net                                (612) 486-5000 fax
"Security solutions are cultural solutions facilitated by technology."





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