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Showing Original Post only (View all)Too Big to Jail? Obama at the top of bankster fraud. [View all]
Last edited Tue Oct 7, 2014, 11:10 AM - Edit history (1)
http://billmoyers.com/episode/full-show-big-jail/ ---video well worth watchingAttorney General Eric Holders resignation last week reminds us of an infuriating fact: No banking executives have been criminally prosecuted for their role in causing the biggest financial disaster since the Great Depression.
I blame Holder. I blame Timothy Geithner, veteran bank regulator William K. Black tells Bill this week. But they are fulfilling administration policies. The problem definitely comes from the top. And remember, Obama wouldnt have been president but for the financial contribution of bankers.
And the rub? While large banks have been penalized for their role in the housing meltdown, the costs of those fines will be largely borne by shareholders and taxpayers as the banks write off the fines as the cost of doing business. And by and large these top executives got to keep their massive bonuses and compensation, despite the fallout.
I blame Holder. I blame Timothy Geithner, veteran bank regulator William K. Black tells Bill this week. But they are fulfilling administration policies. The problem definitely comes from the top. And remember, Obama wouldnt have been president but for the financial contribution of bankers.
And the rub? While large banks have been penalized for their role in the housing meltdown, the costs of those fines will be largely borne by shareholders and taxpayers as the banks write off the fines as the cost of doing business. And by and large these top executives got to keep their massive bonuses and compensation, despite the fallout.
Yea I'll say it ...Obama was picked because of the banksters over the deal. The deal? Don't prosecute them for the fraud they were/are committing. The fraud still goes on because of Obama and Holder. Face it ...there is no real justice in this fucked up country. It really is one set of laws for us and ...well ...no laws for them. Our war criminals and banksters run free. They wanted to make sure that there would not be another round of prison like it did for the savings and loan crimes of the past where over a 1000 went to the slammer. Remember the Keating Five? Some Dems there ...huh. But now the system is fixed for them and they are free to do it again. Obama installed Geithner one of the chief crooks in charge. What does that tell you? I knew it was bad when that happened. I knew we had been had. It really doesn't matter who gets elected anymore ...it's just a good cop bad cop show and entertainment for the rich. They are laughing at us. You believe in this system? Fine ...vote then ...I will ...but I know it doesn't really matter. I'm just another zombie party voter. It's pathetic. Bottom line for me is ...until the rich controllers are expelled from politics we have no chance of changing this system. Since the rich are part of the House there's no chance that will ever happen. Poor people can't contribute enough to really assist in a election campaign ...but the rich can and do so to our ruin. I fully expect another financial crash or worse. Debs had it right...
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I'd perfer this article since it outlines the timeline that the Democrats pushed through TARP
Historic NY
Oct 2014
#23
Octa.....my memory is that McCain and one of the bushes was involved with Keating fraud...
dixiegrrrrl
Oct 2014
#158
That goes to the exact point of the OP. This White House -- all of them -- "have us on ignore"
villager
Oct 2014
#58
you are right about that. we have no representation except for the rare case where the
whereisjustice
Oct 2014
#139
Our minders are *slowly* realizing there's some overlap with "climate change" now
villager
Oct 2014
#179
Nobody gives a shit who you have on ignore, especially the poster you're addressing. nt
ChisolmTrailDem
Oct 2014
#219
He makes a big scene about how he has Octafish on ignore but he somehow knows
ChisolmTrailDem
Oct 2014
#221
Well it's telling more when people cannot bear to look at what the opposition says
treestar
Oct 2014
#206
Everybody already knows what to expect from those other sites. So, you go there too? nt
ChisolmTrailDem
Oct 2014
#222
I don't go to any of them, ever. I see enough right-wing crap right here on DU. nt
ChisolmTrailDem
Oct 2014
#233
So, you read my appeal to GOTV as hope that we will lose? I am not at all surprised considering....
ChisolmTrailDem
Oct 2014
#238
You better believe it! And I don't happen to have my zappaman file with me. Now...
ChisolmTrailDem
Oct 2014
#245
So, you said something about me being a banned DUer in one of my deleted posts?
ChisolmTrailDem
Oct 2014
#248
You're the one who is confused, zappy. You asked if your accusation was in one of my
ChisolmTrailDem
Oct 2014
#252
How the fuck do you know what's on those sites? Just visiting here? nt
ChisolmTrailDem
Oct 2014
#220
Still stalking me, eh? Give me a minute. I'm going to list all the posts you've
ChisolmTrailDem
Oct 2014
#253
"When will we stop hearing this canard? ".. when "we" stop avoiding the question? tia
uponit7771
Oct 2014
#72
And that administration wouldn't have prosecuted the banksters either........
SammyWinstonJack
Oct 2014
#159
Not really. Besides, the USSC is too important to allow any Republican president
tblue37
Oct 2014
#26
First you have to trust that a Dem POTUS will place a SCJ that is for the real people.
L0oniX
Oct 2014
#28
Sotomayor and Kagan are better by far than the RWers on the USSC right now. And
tblue37
Oct 2014
#41
No one ever has to vote for anyone. We supported this president because we thought
sabrina 1
Oct 2014
#99
If we could agree on your statement as a party, or even DU, we could have actual discussion
BrotherIvan
Oct 2014
#106
The ODS network doesn't want to know about the "70%" or how much good President Obama has done
Cha
Oct 2014
#157
We've been down this road countless times, though, haven't we? It's pointless.
Liberal_Stalwart71
Oct 2014
#294
Corporate owned socially progressive warmonger or Corporate owned batshit crazy winger <Sigh> eom
Tommymac
Oct 2014
#156
It's like Scorpio talking about his battles with the mouth breathing cretins on Discussionist
Number23
Oct 2014
#162
Exactly, this is just anothe Obama hate fest thread which seems to appear all to frequently here
still_one
Oct 2014
#188
Obama told the banks he was the only thing standing between them and our pitchforks.
Autumn
Oct 2014
#9
It is as was said the other day: "The new American Dream is to be a slave to a billionaire." n/t
xocet
Oct 2014
#189
Not be repeatedly mischaracterizing it as a circular firing squad, that's for sure
RufusTFirefly
Oct 2014
#68
For some silly reason the line so you want McCain/ Palin just doesn't work anymore
Autumn
Oct 2014
#89
The "lesser of evils" meme is so last year. The people eating at soup kitchens, getting a few days
rhett o rick
Oct 2014
#187
http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=9&cad=rja&uact=8&ved=0CF4QFjAI&url=http
stupidicus
Oct 2014
#48
Yes, that's where we are now. Question is, what will "the people" do about it?
polichick
Oct 2014
#63
Well ...we can't all be banksters so I guess we are stuck with our pathetic votes.
L0oniX
Oct 2014
#173
Anyone who voted for Obama in 2012 even when they really didn't like his policies after the first 4 years
NYC Liberal
Oct 2014
#73
We bought into that crap that if we don't vote for a D the republicans will win.
Autumn
Oct 2014
#95
There's a Senate seat race in Kansas where the Dem pulled out and an Independant is leading
Electric Monk
Oct 2014
#111
So why don't you promote someone you admire instead of coming on a Democratic forum...
randome
Oct 2014
#94
Wow, that is the full list, 1SBM. Wash, rinse, repeat to infinity, just as Segretti would.
freshwest
Oct 2014
#190
should be a crime to evoke Eugene Debs for an election month hit job to convince dems not to vote
certainot
Oct 2014
#143
...because republicans are the only ones who fuck us over. Enjoy your delusion.
L0oniX
Oct 2014
#227
i'm well aware of what the corporate wing and blue dogs and liebermans are doing
certainot
Oct 2014
#235
If the truth suppresses the vote then that's just too bad. Do lies suppress or swing the vote? Yep!
L0oniX
Oct 2014
#289
the rush actions are a great start, but it's the only thing the last 25 years
certainot
Oct 2014
#295
IMO liberals and progressives embarrass the centrists so they lash out. They know they...
L0oniX
Oct 2014
#290
Well we had to 'look forward' because McCain/Rmoney..........or something like that.
SammyWinstonJack
Oct 2014
#152
Sadly, inaction on bankster reform came from the top, the White House. Someone got paid back by
blkmusclmachine
Oct 2014
#176
No disagreement, nothing changed under Obama, but policy is still set from the top. n/t
slipslidingaway
Oct 2014
#285
He'll likely get a prime spot at the Carlyle Group or Goldman-Sachs for his efforts n/t
BuelahWitch
Oct 2014
#239