Originally posted by dolphinfan
reply to post by DimensionalDetective
Why isn't the gent who makes $40K/year who signed a legal contract to get into a no money down loan for $300K which he could never afford be in jail?
Because he's a "little guy"?.
The little guy lost his home, while the rest of us pay the ever increasing bankster bonuses that bought and sold his mortgage with others with a
triple AAA rating and passed it like a hot potato to some unsuspecting sucker investors. Hitler would be proud.
Why isn't the bleeding heart government official who mandated that banks give loans to folks who could not afford them in jail? Because his
intentions were noble?
You know the old saying, Noone held a gun to their head to loan money. But then, they found a way to make money by passing the fraudulent securities
onto others, so its not like they suffered or are suffering with their theft.
Get off the Wall Street is the only party to blame in this situation. Its tired, its old and its an argument filled with
Nope, this will never end until these people go to prison in order to restore trust in the system
It is no different than saying that a rich guy who robs a bank deserves a greater sentence than a homeless gent who robs a bank. Both are
equally guilty and both deserve scorn and punishment
edit on 16-2-2011 by dolphinfan because: (no reason given)
A better example would be this:
A guy goes in and kills everyone in the bank, lets say there are 10 people in the bank.
Through his actions, 10 families lives are destroyed.
Goldman Sachs, JP Morgan, AIG, Merrel Lynch etc package good and bad mortgages and relabel them triple AAA fraudulent rated and pass them off to
unsuspecting investors. Brooksley Born in 1998 tried to regulate OTC derivatives, but through the pressure from banksters and wall street, had to
fight against Reuben, Summers, and Greenspan, who did not want them regulated. They threated that if she regulated derivatives in 1998, it would
threaten the markets and economy. Looks like they knew well ahead of time what was going to happen.
There are 5 financial lobbyists per congressman in Washington. They wanted to rape and pillage as much as they could.
The above bank robber in comparison is a saint, compared to the Banksters and Wall Street, who have destroyed the lives of millions and continue to
get paid for it.