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In the Corrupt States of America, scamming pension funds is BIG business. However, a large fraud investigation, which started in New York and has already spread to Connecticut, has the pension-fund criminals worried.

For years, life has been wonderful. The “lobbyists” (i.e. the “bag-men” who deliver the kick-backs) pay pension-fund administrators to buy whatever they tell them to buy, and everyone is happy – except the beneficiaries of those plans.

Years of rampant corruption in U.S. pension-funds, combined with the meltdown in equity markets has left pension-funds across the U.S. teetering on insolvency. Finally, with a nation-wide crisis looming in the near future, U.S. authorities are beginning to crack-down on yet another crime syndicate.

It would probably surprise many Americans to know that other countries do not allow bag-men to bribe pension-fund administrators. Supposedly, these multi-billion dollar funds have their own researchers and analysts to decide for themselves which are the best investments for their funds.

There can simply be no possible justification for allowing any “lobbying” (i.e. bribing) of pension-fund administrators. The reply from these criminals is obvious: “we're needed to explain many forms of complex investments”.

The response to that claim is even more obvious, now that Wall Street's gigantic Ponzi-scheme has been exposed: any “investment” which is too opaque to be understood by outside investors is far too risky to ever be incorporated into a pension fund.

A Bloomberg article ("Blackstone defends pension agents...") naturally puts a positive spin on this investigation into the largest institutionalized fraud in the world: “...once industry practices are improved...the firms [i.e. lobbyist bag-men] will be poised to gain a bigger share of the business.”

To those outside the U.S., referring to a nation-wide scheme of institutionalized bribery as a “business” is nothing short of outrageous. However, inside the U.S., this is simply seen as “the American way.”

Even as Bloomberg allowed the pension fund criminals to defend themselves, the article also announced the resignation of two California pension-fund officials, with “ties to firms which are under scrutiny in New York”, meaning this investigation could soon be expanded coast-to-coast.

It's hilarious reading Bloomberg's euphemisms for these criminals: “middlemen”, “intermediaries” - even one of the U.S.'s best propaganda outlets can't come up with a label for these bag-men which doesn't reek of corruption.

What is needed in the U.S., if it is ever going to start purging the most corrupt system of any Western, industrialized economy is nothing less then banning ALL “lobbyists” across the United States.

The current system, where simply requiring these criminals to “register” is supposed to restrain rampant bribery and influence-peddling, is nothing short of a complete joke. If some Third World country had such a system, it would be mocked with derision by the same U.S. media propagandists who defend the U.S.'s systemic corruption.

It's time to drain the cesspool.

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