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 "Uncovering the Secrets and Exposing the Lies"		 ENGLISH
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CORRUPTION 

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CORRUPTION

Corruption
Edited by Thomas Costanzo

Political corruption is the use of legislated powers by government officials for illegitimate private gain. Misuse of government power, such as repression of political opponents and general police brutality, is not considered political corruption. Neither are illegal acts by private persons or corporations not directly involved with the government.

All forms of government are susceptible to political corruption. Forms of corruption vary, but include bribery, extortion, cronyism, nepotism, patronage, graft, and embezzlement. While corruption may facilitate criminal enterprise such as drug trafficking, money laundering, and trafficking, it is not restricted to these organized crime activities. In some nations, corruption is so common that it has gained normative status. The end point of political corruption is a kleptocracy, literally "rule by thieves".

Bribery around the world is estimated at about $1 trillion and the on the bottom billion people living in extreme poverty.

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News
 Rosenberg Explains Why Yesterday's ISM Was A Lie
09-02-2010  •  ZeroHedge.com 
1.Most of the regional reports were very poor in August. Either they collectively all wrong or the ISM is.  
• • •
Jack Gregson
News
 Painting the Tape: Is The MLS Not Reporting Falling Home Prices?
09-02-2010  •  EconomicPolicyJournal.com 
A report is circulating that some housing sales are being recorded at much higher prices than the true sales prices. The report has the smell of truth. 
2 • • • •
Jack Gregson
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Headlines: Painting the Tape: Is The MLS Not Reporting Falling Home Prices? -- Rosenberg Explains Why Yesterday's ISM Was A Lie --
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