Technology today creates “winner take all” network effects.

63 comments on “Technology today creates “winner take all” network effects.
  1. MirrorMirror says:

    Off Topic : The Legacy of Chernobyl

    *Warning – Graphic* Photographer: “My first reaction was I was looking at a different race of people” — Brain outside of skull, kidneys outside of torso, legs resembling elephant — Some doctors feel strongly there will be no more Belarus people in future (VIDEO)

  2. SilverCondom says:

    Israel’s Gulag Prison Hell:

  3. Apocalypto says:


  4. John Drake says:

    press release: Marketwire & Comtex

    April 23, 2012, 12:01 a.m. EDT
    Home Owners Across the Nation Sue All Bank Servicers and Their Offshore Havens; Spire Law Officially Announces Filing of Landmark Lawsuit
    Largest International Money Laundering Network in History Formed During Obama Administration; U.S. Banks’ Theft of Home Owners’ Money Laundered Through Cayman Islands, Isle of Man and Numerous Offshore-Based Affiliates

    NEW YORK, NY, Apr 23, 2012 (MARKETWIRE via COMTEX) — In a lawsuit alleged to involve the largest money laundering network in United States history, Spire Law Group, LLP — on behalf of home owners across the Country — has filed a mass tort action in the Supreme Court of New York, County of Kings. Home owners across the country have sued every major bank servicer and their subsidiaries — formed in countries known as havens for money laundering such as the Cayman Islands, the Isle of Man, Luxembourg and Malaysia — alleging that while the Obama Administration was publicly encouraging loan modifications for home owners, it was privately ratifying the formation of these shell companies in violation of the United States Patriot Act, and State and Federal law. The case further alleges that through these obscure foreign companies, Bank of America, J.P. Morgan, Wells Fargo Bank, Citibank, Citigroup, One West Bank, and numerous other federally chartered banks stole hundreds of millions of dollars of home owners’ money during the last decade and then laundered it through offshore companies. The complaint, Index No. 500827, was filed by Spire Law Group, LLP, and several of the Firm’s affiliates and partners across the United States.

    Far from being ambiguous, this is a complaint that “names names.” Indeed, the lawsuit identifies specific companies and the offshore countries used in this enormous money laundering scheme. Federally Chartered Banks’ theft of money and their utilization of offshore tax haven subsidiaries represent potential FDIC violations, violations of New York law, and countless other legal wrongdoings under state and federal law.

    “The laundering of trillions of dollars of U.S. taxpayer money — and the wrongful taking of the homes of those taxpayers — was known by the Administration and expressly supported by it. Evidence uncovered by the plaintiffs revealed that the Administration ignored its own agencies’ reports — and reports from the Department of Homeland Security — about this situation, dating as far back as 2010. Worse, the Administration purported to endorse a ‘national bank settlement’ without disclosing or having any public discourse whatsoever about the thousands of foreign tax havens now wholly owned by our nation’s banks. Fortunately, no home owner is bound to enter into this fraudulent bank settlement,” stated Eric J. Wittenberg of Columbus, Ohio — a noted trial lawyer, author and student of US history — on behalf of plaintiffs in the case.

    The suing home owners reveal how deeply they were defrauded by bank and governmental corruption — and are suing for conversion, larceny, fraud, and for violations of other provisions of New York state law committed by these financial institutions and their offshore counterparts.

    This lawsuit explains why loans were, in general, rarely modified after 2009. It explains why the entire bank crisis worsened, crippling the economy of the United States and stripping countless home owners of their piece of the American dream. It is indeed a fact that the Administration has spent far more money stopping bank investigations, than they have investigating them. When the Administration’s agencies (like the FDIC) blew the whistle, their reports were ignored.

    The case is styled Abeel v. Bank of America, etc., et al. — and includes such entities as ML Banderia Cayman BRL Inc., ML Whitby Luxembourg S.A.R.L. and J.P Morgan Asset Management Luxembourg S.A. — as well as hundreds of other obscure offshore entities somehow “owned” by federally chartered banks and formed “under the nose” of the Administration and the FDIC.

    Commenting further on the case, Mr. Wittenberg stated: “As if it is not bad enough that banks collect money and do not credit it to homeowners’ accounts, and as if it is not bad enough that those banks then foreclose when they know they do not have a legally enforceable interest in the realty, we now learn that they have been operating under unbridled free reign given by the Administration and some states’ Attorneys General in formulating this international money laundering network. Now that the light of day has been shined on it, I believe we can all rest assured that the beginning of the end of the bank crisis has arrived.”

    All United States home owners may have the right to bring a lawsuit of this kind if they paid money to a national bank servicer during the years 2003 through 2009.

    One lawyer impacted by the corruption — Mitchell J. Stein, who formerly represented the FDIC, the RTC and the FSLIC during the Savings and Loan scandal of the 1990s, and who predicted all of the foregoing in open court two years ago — commented: “Two years ago, I remarked in open court to a Los Angeles Superior Court Judge, as well as to legislators including Senator Dianne Feinstein’s office during a multitude of in-person meetings, that the ongoing violations of the Patriot Act by these financial institutions was outrageous and a breach of the public trust of unprecedented proportions,” said Stein.

    “The size and scope of this misconduct — stretching to far-away islands never before having standing as approved United States Bank affiliates — is remarkable and emblematic of what we have seen,” he continued. “The bank crisis represents the height of corruption and brazen behavior where our historically trusted financial institutions have no qualms about breaking the law, because they have the Administration behind them. Banks do well enough when they operate lawfully without needing to be permitted to operate as criminal enterprises that steal money from United States citizens.”

    Additional plaintiffs’ counsel Nicholas M. Moccia commented: “Having been in the trenches of the bank crisis for years, I always knew that the misconduct was being conducted by a network. When I started litigating against banks, however, I could have never imagined that it would be this extensive. I look forward to taking discovery of these thousands of obscure foreign entities and to obtaining for homeowners their constitutionally entitled injuries for this international ring of theft and deception.”

    Comments were requested from the Attorney Generals’ offices in NY, CA, NV, and MA and the White House, but no comment was provided.

    About Spire Law Group

    Spire Law Group, LLP is a national law firm whose motto is “the public should be protected — at all costs — from corruption in whatever form it presents itself.” The Firm is comprised of lawyers nationally with more than 250-years of experience in a span of matters ranging from representing large corporations and wealthy individuals, to also representing the masses. The Firm is at the front lines litigating against government officials, banks, defunct loan pools, and now the very offshore entities where the corruption was enabled and perpetrated.

    James N. Fiedler, Esq.
    Managing Partner
    Spire Law Group, LLP
    Email Contact

    SOURCE: Spire Law Group, LLP

  5. Mary Genoud says:

    There were mistakes by companies not quick enough to respond to the digital age. That being said, publishing houses are IP brands-and should control a mutual directional website like ‘’ that could function as a google for publishing houses. Amazon provides an outlet, but new cyberspace outlets can be created at any time especially by companies, which own the IP. Therefore although ‘not out of the gate’ in time, publishing houses can catch-up and responded effectively. Apple is another story; personally I have always used Nokia products for the past 15 years and refuse 2 buy a touch-tone phone by any company after experiencing numerous problems with my touch-tone oven and microwave-oven etc and prefer a phone that can bounce around in my purse or pocket without a problem or a scratch to its screen. Ebay is big, but an on-line European marché or brocante would quickly eclipse Ebay simply because the rest of the planet would be more attracted to its mechanize. European clothes, furniture, food, chocolates, etc would be extremely successful. One of the reasons such a site does not exist is that every community/city in Europe has bi-weekly farmer-markets and flee-markets, therefore sellers can always find clients. Lastly a well-run state bank with Glass-Steigall separation of services would be a winner in any state. Everyone including companies prefers to work with financial institutions that service their clients’ best interest. Well managed state banks would be the winner. Therefore although some cyber addresses or even associates of the Federal Reserve may seem as impermeable market leaders, it doesn’t take much more than a better service or idea to compete with them.

  6. Alf says:

    @MM…Powerful stuff…images and narration brought me to tears…so cruel.

  7. SilverCondom says:

    Israel Censors Bob Simon’s Report on Palestinian Christians:

  8. Flopot says:

    Sobering article. Pretty much sums up all the pain caused by corporatism:

    “technology today creates “winner take all” network effects. But there are other factors at work. Large companies can wield the patent system as a weapon, buy political protection and tax breaks, get government contracts, suppress unions, and often break the law with impunity. The banks and drug companies (see here for one of countless examples) illustrate these dynamics”

  9. SilverCondom says:

    Iran reveals new data about downed US drone:

  10. ronron says:

    @Max. i see you did not take the bet. lucky for me. 🙂

  11. I_Cant_Believe_Its_Just_a_Dip says:

    @MM, terrible stuff-truly awful, I was told by someone who lived in Kiev that the locals were informed nothing for about 10 days-this guy didn’t listen he left the area and went as far away as possible. Japan next of course-and they reckon thats even worse/cellular mutations not kicked in yet of course as you know. What about DU in a certain middle eastern conflict area then-the outcome is already becoming known-again I think you know that.

  12. Banking Thiefs says:

    They changed US law to make software patentable. This ensured there would be no competition. Then they went around the world making sure the could extradite people for breaking US law even if they weren’t in their country.

  13. ronron says:

    @Tracy. where is kyle bass? i have not heard from him. get him the fuck on your show. i want his latest take. get on the fucking phone girl.

  14. ronron says:

    things have been in the works a while.

  15. Blah blah says:

    So if a soccer ball was carried all that way what else was?

  16. I_Cant_Believe_Its_Just_a_Dip says:

    Test? wiki/Neuro-linguistic_programming..

  17. F. Beard says:

    lucky for me. ronron

    So the Mericans beat the Nadians?

    Were you scairt?

  18. ronron says:

    @Beardo. played wing for indians sr A. loved the game. never think of it much now unless my older son is on skype and i kid him about his leafs. he plays hard for the euroes. star over there.

  19. I_Cant_Believe_Its_Just_a_Dip says:

    @alan, I tried to answer you with that link but it was blocked, was trying to say beware of partnerships regarding charities that infiltrate gov. and local councils and then ”train” people on special courses using above techniques. Anyone who questions the ”charities” motives mysteriously doesn’t get promoted and is next in line for redundancy.

  20. ronron says:

    know quebec, and try to find info on pierre laporte,s murder. good luck.

  21. F. Beard says:


    Hockey looks like fun cept why y’all gots to knock each others teeth out?

  22. ronron says:

    @Beardo. i have all my teeth, missing an eye though. 😉

  23. F. Beard says:

    From hockey? Teeth are one thing, an eye is way too much though truth be told one eye is almost as good as two.

    Well, hopefully the Lord will save you and give you a new body that don’t wear out or get torn up. 🙂

  24. ronron says:

    @Beardo. take some time to learn Quebec and check back in sunday, after church. played hockey since 1956 till 2000. my eyes are fine. hockey is technical. more so than any other game. it is quite a lesson.

  25. F. Beard says:

    Why’d ya lie at me? An eye ain’t nutin to jokes about. 🙁

  26. ronron says:

    @Beardo. it,s always funny until someone loses an eye.

  27. Youri Carma says:

    Gold standard inevitable, $10k/oz looms , says new book (5:18)

    April 26 – A return to the gold standard is inevitable, perhaps as early as next year. And gold prices could hit $10,000/oz, says a new book by Amphora CIO John Butler.

  28. Happy Dick says:

    Bobby Clarke … remember watching him, a great player, helped bring 2 cups to Philly. Great team back in the 70′ … Go Flyers!

    Of all sports, live hockey, is a totally different, and unique experience. Ya gotta luv it.

  29. SilverCondom says:

    Dilma Rousseff’s mega-dam to doom Brazil Indians:

  30. Youri Carma says:

    4/27/2012 — Cloud of depleted URANIUM heading towards Hawaii and West Coast?!

  31. SilverCondom says:

    Senate Hopeful calls opponent ‘whore’ for AIPAC during live debate:

    Truth hurts. 😀

  32. SilverCondom says:

    Bahrain Grand Prix
    Robert Fisk: This is politics not sport. If drivers can’t see that, they are the pits:

  33. Jayme says:

    It seems to me that the basis of any viable system is cooperation and honest representative exchange. A system based on the game of deception, extraction, and protection, is a system that inevitably ends in fragmentation, isolation, and collapse.

    These pools of wealth are actually indicators of the degree of impoverishment they produce. In the past, infinite resource meant externalization was largely unnoticed – a ‘rising tide lifts all boats’, philosophy – but that is not possible in a system where everything is connected. Everything we do affects our environment and there are no externalities.

  34. kwazimota says:

    As Sharpers, Parasites, Pimps, Players,
    Pick-Pockets, Coiners, Quacks, Sooth-Sayers, [50]
    And all those, that, in Enmity
    With down-right Working, cunningly
    Convert to their own Use the Labour
    Of their good-natur’d heedless Neighbour:
    These were called Knaves; but, bar the Name, [55]
    The grave Industrious were the Same.
    All Trades and Places knew some Cheat,
    No Calling was without Deceit.

  35. Tamir says:

    American Insanity Update

    “25 Horrible Statistics About The U.S. Economy That Barack Obama Does Not Want You To Know”

  36. Tamir says:

    Fox news has produced a nice video report of Iron Dome in action – launch, intercept, detonation:

    It ain’t no solution, but it will make you think twice if you are a Jihadi idiot trying to murder kids. Oh, yeah.

  37. Youri Carma says:

    Watch the Walls Comin Tumblin Down


    Money’s Too Tight To Mention

    Ain’t That A Bitch

  38. Evolutis says:

    Being mindful of an irrational, mindless entanglement … “They shoot horses, don’t they? … Or be a hero, come up with an alternate … Hey buddy, can u spare an half crazed oligarch a little common sence?

  39. Evolutis says:

    Being mindful of an irrational, mindless entanglement … “They shoot horses, don’t they? … Or be a hero, come up with an alternate … Hey buddy, can u spare an half crazed oligarch a little common sence? Kwazimoto … Your offering is appreciated.

  40. Youri Carma says:


    A fiend of mine shot Camels from an airplane. Only in down under of course …. 😉

  41. Evolutis says:

    Opps! … My apologies

  42. Youri Carma says:

    The best of Peter Sellers “The party”

  43. Evolutis says:

    Where in the hell is “Buzz Lightyear”when we need him? … @ Youri Lol, depending what “culture” zone your in … Shooting camels in “down under” from an airplane?? … That’s some real flying technique! Is flying under a camel easier than balancing the Euro?

  44. Youri Carma says:


    Two weeks ago I watched the bith of a dead horse (true sad story). A few days later the mother died.

    And O’boy let me tell you, you can’t pull a dead horse … just like the MSM here.

  45. Evolutis says:

    @youri … Peter Sellers … Fer Chris sake ! … I’m trying to boil an egg here

  46. Vonda Bra says:

    The United States Has Plenty Of Oil:
    10 Facts About America’s Energy Resources That Will Blow Your Mind

    Saturday, 28 April 2012 04:47
    ‘The United States is not running out of oil. In fact, nobody on the entire globe has more energy resources than the United States does. The truth is that we are absolutely swimming in oil and natural gas and we have so much coal that we have no idea what to do with it all. At current consumption rates, America has enough energy resources to completely satisfy all of its needs well into the 22nd century. If we would just access those resources, we would not have to import a single drop of foreign oil.

    But most Americans don’t realize that we have plenty of oil. In fact, our education system has brainwashed most Americans into believing that our energy resources are rapidly being depleted and that we will soon enter a great energy crisis. We are all constantly told that we must transition to “green energy” before it is too late. But the reality is that America is an energy rich nation and new discoveries of oil and natural gas deposits are being made all the time. Shouldn’t someone tell the American people the truth about these things?’

    full article:

  47. Youri Carma says:


    If you find yourselve a woman who can boil a soft egg you realy got somtin.

    Cause most can’t 😉

  48. evolutis says:

    @yup! got me one but even after so many years, I”m far too dumb to figure out how the CPU on that one operates … outsmarted at every turn it seems … still she does boil eggs to beat hell!