Senator Elizabeth Warren, Renowned American Indian, is demanding some Bankers Go to Jail for their complicity in the Financial Collapse.
While I predict this will be unrealized… I agree with the Socialist Senator from Massachusetts…
With one small caveat.
We Must Start at the beginning.
This, of course, would require the Lifetime Imprisonment of Chris Dodd and Barney Frank. It would also involve Bill Clinton… to what degree would be left to the courts. (He’s familiar with the courts. And all three of these co-conspirators being at the root of it is exactly why there will be no bankers going to jail. But it would be fun to try.)
So Ms. Warren, if you’re ready to fight this battle so am I.
I agree with your assertion that those responsible for the U.S. Financial Collapse should be prosecuted to the fullest extent of the law.
1 Comment | tags: AIG, anti-capitalist, barney frank, Bill Clinton, chriss dodd, Federal Reserve, financial collapse, Goldman Sachs, housing collapse, lending out money that could never be paid back, liberal logic, put bankers in jail, socialist, the american dream, the fed, war on capitalism, Warren 2016 | posted in economics, News, politics, Uncategorized
…just isn’t as easy as it used to be.
It wasn’t long ago you could just make a call to Lehman Brothers or Goldman Sachs and have them sell off large amounts of specific equity positions. The Market would take the cue and a wide sell-off would materialize. Everybody would Freak Out. The Party who had the most friends in the right place on Wall Street would win whatever argument they wanted to win. It was great!
But it appears tough times for the Obama Administration as the Fed has installed “circuit breakers” in order to control swift and sudden drops in the market.
So we have watched the market drop gently. Very gently. Sleepily even.
It’s a lot like a Drunk Driver coming towards you at a blazing 1 mph. It just doesn’t have the same effect.
Those of us who participate actively in the market are simply “stepping out-of-the-way”.
There is no panic to be found.
Barack just can’t get a break.
1 Comment | tags: 401K, buffers, circuit breakers, drunk drivers, equities, fear, freak out, Goldman Sachs, investing, lehman brothers, manipulating the markets, manufacturing a market crash, market crash, market drop, panic, stepping out of the way, stock, uptick rules, Yellin | posted in economics, investing, News, politics, Uncategorized
Goldman Sachs has gotten away with destroying the United States… or at least that MUST be what you think if you’re Liberal Democrat.
Seems odd that it is a Liberal Democratic Administration that has refused to prosecute these criminals.
A few months back I tapped out a post outlining why Goldman et al. would get away unscathed in real terms. It’s worth the link… Obama and the Evil Bankers.
What will be truly interesting is what I predict to be a deafening silence from the Left. Considering 6-years have been spent rewriting history to make the bankers out to be responsible for all the evil in the world… so much so that the current Administration used it as a center piece for their very successful election campaign.
What will also be interesting is what will the media do now?
They can’t blame Bush anymore because the public is having none of it.
They can’t blame the banks anymore when the Administration has made it clear that they don’t.
So how do they speak to the collapse of the U.S. Economy?
Will the national media have to actually place blame where it belongs… squarely on the shoulders of Barney Frank, Chris Dodd and Bill Clinton? Or will they simply stop talking about it? I mean, what would you do? If you had to go back and correct 6-years of a purposely contrived narrative would you do it? Or, would you just stop talking about it completely and move on to the next story while banking on the government addicted, drug addled, poor short term memory of the Liberal progressive base?
Well, there are others of us out here and we’re listening… are those crickets, or just useful idiots?
By the way, are you Occupiers paying attention? What exactly are you putting your trust and faith in? Why do you pledge support to an ideology of Socialism that depends on your being ignorant? When will you get fed up and truly pay attention… not just posing like you do. Go home, tell your parents you appreciate them then move out of their basement, take a shower and get a haircut. Get a job.. any job, rent an apartment and NEVER take a handout. If you can do these simple things… all else will come clear. You will be amazed.
In regard to the rest of the Leftist voting block… if you’re not suffering an enormous amount of cognitive dissonance then you are too far gone to participate in any discussion, let alone the electoral process.
At least some things are so consistent as to be predictable… cheers to that.
Leave a comment | tags: Economic collapse, Evil Bankers, Goldman Sachs, Obama Administration, occupy wall street | posted in economics, News, politics, Uncategorized