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Originally posted by randomname
hey, instead of getting angry about it, just kick up a chair, put your feet up, grab a beer and watch rome burn.
A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy
Originally posted by TrueBlood
Originally posted by randomname
hey, instead of getting angry about it, just kick up a chair, put your feet up, grab a beer and watch rome burn.
Don't forget the fiddle.
Originally posted by johncarter
If you manage to listen to the first five minutes you ll be amazed that US still has clear minded speakers like him seeing through the thick fabric of lies produced by these thieves behind the scenes of Obama/Romney stage of fools and liars.
www.huffingtonpost.com
(visit the link for the full news article)edit on 9-9-2012 by johncarter because: (no reason given)edit on 9-9-2012 by johncarter because: (no reason given)
Originally posted by Symbiot
reply to post by benrl
One of history's biggest crimes and who pays for it but the victims. The victims paid during the crime and the victims pay after the crime. There is no justice in this system and what have the criminals to show for it? All nations are bankrupted, all the money they stole worthless. They stole and stole and what did it get them? There is no money left, it's all worthless now the population just doesn't know it yet, but they will. What kind of 'recession' lasts a freakin' decade anyway?
Social Security: Gone
Pensions: Gone
Retirement: Gone
There is nothing left. The system has proven itself flawed and incapable of governance.edit on 9-9-2012 by Symbiot because: (no reason given)
Originally posted by six67seven
I'm with you bro. I can sense the frustration within your post. It really puts us people in an impossible position, because we can't get away with crimes like this and if we were to get caught, we couldnt afford to lawyer up like these corrupt bastards. Everyday people don't want a bail out, they just don't want these criminals to keep getting bailed out every which way. This is just yet another unspeakable crime against Americans. They want to arrest everyone but the actual criminals, which means the criminals are obviously running this scam.
They expect us to stand idly by, that's why crimes like these go unresolved. Its part of the psywar.edit on 9-9-2012 by six67seven because: (no reason given)edit on 9-9-2012 by six67seven because: (no reason given)
Originally posted by david99118
just because the banks are too big to fail dose not mean those at the top are too big to see their families suffer...
A new report from the conservative Government Accountability Institute (GAI) finds that President Barack Obama’s and Attorney General Eric Holder’s failure to criminally charge any top Wall Street bankers is likely a result of cronyism inside the Department of Justice and political donations made to Obama’s campaign.
Despite Obama’s and Holder’s “heated rhetoric” against Wall Street (in 2009, Obama blamed the 2008 financial collapse on “reckless speculation of bankers” while Holder charged that “unscrupulous executives, Ponzi scheme operators and common criminals alike have targeted the pocketbooks and retirement accounts of middle class Americans”), they haven’t “filed a single criminal charge against any top executive of an elite financial institution,” GAI wrote in its report, exclusively obtained by The Daily Caller.
GAI argues that the Obama administration’s decision to not go after Big Finance is due to senior DOJ leadership — Holder, Associate Attorney General Tom Perrelli, Associate Attorney General Tony West, Assistant Attorney General Lanny Breuer, Deputy Attorney General James Cole and Deputy Associate Attorney General Karol Mason — who “all came to the DOJ from prestigious white-collar defense firms where they represented the very financial institutions the DOJ is supposed to investigate.”
The report details how Holder and Breuer both came to the DOJ from Covington & Burling, a “top-tier Washington law firm” with a client list that includes financial firms like Wells Fargo, J.P. Morgan Chase, Bank of America, CitiBank, Deutsche Bank, Goldman Sachs, ING, Morgan Stanley, UBS and Wilmington Trust.
GAI said that President Obama’s decision to choose Holder, “a white-collar defense attorney from Covington,” as his attorney general, over a “more fiery prosecutor,” appears to have sent “a subtle signal to the financial community” that this administration isn’t going to actually do anything, despite the harsh words.
In the report, GAI details how the George W. Bush and Bill Clinton administrations both actually took down financial criminals — unlike the Obama administration. Between 2002 and 2008, for instance, GAI points out how a Bush administration task force “obtained over 1,300 corporate fraud convictions, including those of over 130 corporate vice presidents and over 200 CEOs and corporate presidents.
“Clinton’s DOJ prosecuted over 1,800 S&L [savings and loans] executives, senior officials, and directors, and over 1,000 of them were sent to jail,” GAI adds.
But, despite having “promised more of the same,” especially in the wake of the 2008 financial crisis, the Obama administration’s DOJ has not brought criminal charges against a single major Wall Street executive.
The Bush and Clinton administrations’ track records on prosecuting white-collar crime, and the Obama administration’s failure to do so, Schweizer said, is “evidence that this has less to do with some sort of partisan or philosophical issue.”