“Criminal prosecutions of banks? Zero. Criminal prosecutions of senior financial executives related to the bubble? Zero. RICO cases, such as were used against Michael Milken and are routinely used against drug dealers and other organized criminals to seize their assets and forfeit their ill-gotten gains? Zero. Sarbanes-Oxley prosecutions, based on CEOs’ certification of obviously fraudulent financial statements? Zero. In Mr. Obama’s three years in office, not a single U.S. bank or senior financial executive has been convicted of any crime (or even prosecuted), or had their assets confiscated.”
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Let Them Eat Task Forces
In his State of the Union speech, President Obama said and proposed many reasonable-sounding things. One of them was this:
We’ll also establish a Financial Crimes Unit of highly trained investigators to crack down on large-scale fraud… financial firms violate major anti-fraud laws because there’s no real penalty for being a repeat offender… So pass legislation that makes the penalties for fraud count.
And tonight, I’m asking my Attorney General to create a special unit of federal prosecutors and leading state attorney general to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis.
Now, how could you be against that? In his speech, and indeed as has been true for his entire career, Mr. Obama deserves an A for rhetoric. But what grade does he deserve for action? Alas, he flunks.
Read the rest here…
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Go get ’em Anonymous!:)
Ditto!!!!
Taxing the rich is another fake fix….that money always stays in the hands of the rich…they always find a way to grab it back via tax loopholes created by their criminal friends in CONgress who are almost ALL attorneys themselves!……Even these mass lawsuits by the U.S.GOVERNMENT and the STATE AGS…WHERE DOES THAT MONEY END UP….? RIGHT BACK IN THE HANDS OF THE CRIMINALS WHO ROBBED US…..! AG LISA MADIGAN CLAIMS SUCCESS IN PROSECUTING THE BANKS YET I SEE NO EVIDENCE OF THESE SETTLEMENTS HELPING MAINSTREET…JAIL THE CROOKS!
not only are they trying to intimidate and roust the Ocuppiers in DC, i saw photos of bulldozers
trying to smash the Occupy camp in Buffalo, NY (home of the scumbag f/c bottom feeder, steven j. baum).
what is the government so afraid of? free speech? the wrath of the defrauded masses?
i read about the latest Anonymous hack into a phone call between Scotland Yard and an agent of the FBI. the conversation was about a 15 yr. old hacker.
lord have mercy!
we are at the mercy of teenagers— or maybe they will be our salvation! t
hey have balls/bollocks!
what ever happened to Black Monday, the BofA whistleblower?
i hope that he was giving his info to kamala harris and eric schneiderman.
The moneyed elite are afraid of the masses finding out the truth…about all of the lies and deceptions we have been told to believe…What they really fear are masses of people who get it…who are pissed off and armed to the teeth…unified…indivisibly!!!
CNN REPORTING POLICE IN RIOT GEAR ATTEMPTING TO EVICT OCCUPIERS IN WASHINGTON, D.C…!
Charlie Ferguson is ready to followup on the “Inside Job” and needs some reality. My case may qualify against MortgageIT, IndyMac MERS, HSBC,etc.,etc.
another great thing about AG schneiderman’s lawsuit was that he filed it on feb 3rd, the date that
was rumored to be when tom miller’s ragtag AG group wanted to announce that they had reached their bogus bank settlement.
What is very clear to public opinion is that there are 46 General attorneys to have forgotten what the rule of law is and not for the other four remaining in the show, everything already would had been done to the detriment of the homeowners.
Just the four attorneys are representing the nation around the country at this time; the others are fake and have been sold out.
Four against the stream.
Carlos Dehesa
If there is one over riding point that the public needs to understand about the collapse of the economy is that it was done deliberatly, with the intent to suck the wealth from those in the middle and lower classes, and “redistribute” that wealth to the top 1%. And it was all done by buying off our so-called “leaders” in Wash. DC- – so they would amend or repeal the laws – like the Glass – Steagall Act -that held these criminals in check. When you understand this, everything that has happened becomes as clear as crystal….Fraud on top of fraud on top of fraud it never stops, “Inside Job” should be seen by everyone
This is a MONOLITHIC CONSPIRACY….THESE CONSPIRATORS, HATERS OF FREEDOM AND DEMOCRACY HAVE INFILTRATED AMERICA WITH SECRETS, DECEPTIONS AND BIG LIES…J.F. K SAID IN HIS SPEECH ABOUT SECRET SOCITIES…”AN ERROR DOESN’T BECOME A MISTAKE, UNTIL YOU FAIL TO CORRECT IT.”
WE MUST ABOLISH THE FEDERAL RESERVE..ISSUE OUR OWN CURRENCY BACKED BY NATURAL RESOURCE REVENUES AND THROW THE TRAITORS OUT OF AMERICA…SEE THE SPEEC BY J.F.K WHERE HE TOLD THE PRESS, THE RECORDER OF OUR DEEDS AND ANYONE WHO KNEW THE TRUTH..TO SPEAK OUT AND SPEAK THE TRUTH ABOUT THIS MONLITHIC MONEYED ELITE PLAN:
RT NEWS REPORTING….THEY ARE SIGNING THE PIRACY ACT INTO LAW AROUND THE WORLD….PROTESTERS ARE IN THE STREETS AROUND THE GLOBE IN PROTEST OF THIS DRACONIAN MEASURE BEING INSIDIOUSLY SIGNED INTO LAW UNDER THE RADAR OF MOST….!