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In reply to the discussion: Shame On This Country, And Shame On Us All, If We Don't Stand Against This... [View all]Hawkowl
(5,213 posts)Justice should not be a joke. How about all those charges against BP for the Gulf spill? Yeah, that's what I thought. How many Wall Street bankers are in jail? Yeah, ha. ha. ha.
The S & L fraud during the Reagan years ended up with over a 1000 convictions:
"William K. Black thinks President Obama didn't acknowledge a key component in the financial crisis that the bills before Congress won't address fraud. A former regulator who helped crack down on massive fraud during the savings and loan crisis in the 1980s, Black tells Bill Moyers on THE JOURNAL that, despite evidence of fraud at the top banks, prosecutions seem far away. "If you go back to the savings and loan debacle, we got more than a thousand felony convictions of the elite. These are not, you know, tellers or something. We today have zero convictions, zero indictments, zero arrests of any of the elite, non-prime lenders that, through their fraud, drove this crisis." http://www.pbs.org/moyers/journal/04232010/profile.html
Those convictions were under REPUBLICAN administrations. Now we have an ostensible Democrat, a constitutional "scholar" no less, who has determined that the Justice Department's only function is to crack down on pot heads? Whistleblowers?
Good fucking god.