dreamdancer 0 #1 January 27, 2011 guilty as sin... QuoteThey committed widespread fraud – largely whitewashed by the corporate media – and, in the process, threw the economy into a tailspin. They've broken into and stolen people's homes, and, in the name of “efficiency,” bilked state governments out of billions of dollars in real estate transfer fees. They've even admitted to ripping off – and foreclosing on – soldiers deployed overseas, in violation of the law. And they shredded a bedrock principle of capitalism, throwing hundreds of years of settled property law into doubt and in turn creating a massive drag on Main Street's economic “recovery.” They got rich in the process. The mortgage industry did all of that for a fat stream of profits while the going was good, but now that they face the prospect of being held accountable by the justice system -- as would you or I had we routinely broken the laws -- analysts expect the “banksters” to lobby hard for another bailout. Third Way, the financial industry's Trojan Horse in Democratic policy circles (which is very well represented in the White House), released a policy memo last week urging Congress to step into the chaos caused by the banks' “robo-signing” scandal and immunize the banks from liability from the robo-signing mess. http://www.alternet.org/economy/149631/mortgage_lenders_committed_massive_fraud_and_now_wall_st._wants_to_escape_from_the_lawbreaking/stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
winsor 236 #2 January 27, 2011 Mr. Bot, The whole U.S. economic system is the world's biggest Ponzi scheme, which makes Bernie Madoff look like a bush-league amateur. Getting worked up over comparatively minor manifestations of the fundamental process is an exercise in futility. The people who are given to being rich will do so regardless of the rules they must bend to suit their purpose. The people who are given to bitch will do so regardless of why others are always doing better. Quit your bitching. Quote Share this post Link to post Share on other sites
turtlespeed 226 #3 January 27, 2011 QuoteMr. Bot, The whole U.S. economic system is the world's biggest Ponzi scheme, which makes Bernie Madoff look like a bush-league amateur. Getting worked up over comparatively minor manifestations of the fundamental process is an exercise in futility. The people who are given to being rich will do so regardless of the rules they must bend to suit their purpose. The people who are given to bitch will do so regardless of why others are always doing better. Quit your bitching. It is impossible, given the level of hatred he has toward the US, for him to stop his bitching.I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
