talktotennessee, Agree !

Max Keiser does an awesome job twice a week on Rt news….http://maxkeiser.com/

You know if you stop and think about it, the financial industry pulled this credit derivative swap wool right over Washington’s eyes, people who should know the rules were clueless. Frankly, Congress doesn’t even know what questions to ask now and ou leaders (both parties) are shills for the industry. The fact is that the banking industry continues to want to handle the same mortgage products today and legalize their fraud. The GOP support the banks and continue to oppose efforts to regulate, also opposed to the Consumer Protection Agency in the financal sector unless restructured to be subject to Congress, which destroys it’s autonomy, rendering the agency another useless political tool subject to Congressional ploys..

From Nixon’s dirty tricks to sway the Southern voting bloc, through playing to religious zealots and now to today’s tea party, People’s emotions and bias are used to gain support even when it negatively impacts the individual’s own well being. Ethics are a thing of the past when banks seek to justify fraud and forgery by making criminal acts legal. This is happening now. The GOP is already talking about taking it “easy” on the same banks that can’t write down principal because it might be “moral hazard” to seek justice for homeowners.
Bank fraud, forgery, deception and avarice is not moral hazard?