Bush and Obama's Crime Scene Cleanup
Biohazard - Blood - Death - Suicide Cleanup
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Call for crime scene cleanup help involving homicide, suicide, unattended death with decomposition, and other biohazardous events. Call Any hour, any day.
See William K. Black's blog for more on these ideas about Wall Street crime scene cleanup. (KPFK will also lead to great information.)
To date, Bush and Obama have prosecuted none of the mortgage frauds in the top nine levels.
Why are there no prosecutions of the felons that drove the crisis and occupy the nine worst rungs of unethical and destructive acts?
Explain the five unethical acts by elite financial institutions that you consider the most destructive and least ethical – but which you believe to be legal. How do you rank the degree of unethical conduct and destruction in those acts?
What specific statutory provisions did you propose to make those five unethical acts illegal? As enacted, which provisions of the Dodd-Frank Act made those five unethical acts illegal? Who has been prosecuted for those formerly legal but seriously unethical and destructive acts that were made illegal by the Dodd-Frank Act?
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Only fraudulent home lenders made liar’s loans
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Liar’s loans were endemically fraudulent
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Lenders and their agents put the lies in liar’s loans
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Appraisal fraud was endemic and led by lenders and their agents
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Liar’s loans could only be sold through fraudulent reps and warranties
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CDOs “backed” by liar’s loans were inherently fraudulent
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CDOs backed by liar’s loans could only be sold through fraudulent representations and warranties
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Liar’s loans hyper-inflated the bubble
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Liar’s loans became roughly one-third of mortgage originations by 2006
Our broken government in Washington DC.
Good people outside of Washington DC must organize and energize their efforts to influence and change politics as usual. More than 25 million Americans are out of work. Working Americans are watching their wages drop. They blame themselves.
They don't know that exactly the same problem affects millions of other Americans. Our economy is now the richest economy in the history of the world. In fact, wages for the working class have gone down for three decades. Meanwhile, environmental problems grow. Education cuts send children into terrible social control institutions once known as schools.
So, where did the money go? It went to the top 1 percent. The system has gotten out of balance. An unfair share of wealth goes to those with the power to move more wealth to themselves. Capitalism as begun to dismantle itself as a result. Now, some radical environmentalist may see this as a plus, but it comes at the price of forever abandoning democracy.
Some say that 1 in 2 American are near poverty should a major economic change come their way, even a minor change in many cases.
So what's the truth about what's happening in Washington? It's a repeat of what we witnessed in the thugs of the Republicans just recently. The democrats, mugged by the republicans, we now see republican lobbyist pushing their oil lobby's efforts for a pipeline. We don't see facts reported by corporate media. How is it that 1 percent of the people have so much power over our political system? How is it that so many people, 99 percent, have so little political power?
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