Why isn't Wall Street in Jail? part deux

[44nutman]

http://www.nytimes.com/2011/04/14/business/14prosecute.html?pagewanted=3&_r=1
This sums it all up, from the article.

The thrift supervisor, however, has not referred a single case to the Justice Department since 2000, the Syracuse data show. The Office of the Comptroller of the Currency, a unit of the Treasury Department, has referred only three in the last decade.
The honest bankers have not committed any crimes since 2000.

“I told John, ‘This is what any police chief does if he wants to solve a crime,’ ” Mr. Gnaizda said in an interview. “John was uninterested. He told me he was a good friend of Mozilo’s.”
Hey you can't charge the crook because we are friends.
Wake up people, the government is redistrubting the wealth from middle and lower class to the banks and corporations. It is government supported thievery and both parties are guilty.

[Howey]

lol...shouldn't this be part 459?

Anyhow, didn't I post the other day about some Wall Streeters actually being indicted?

http://popculturedoneright.smfforfree.com/index.php/topic,409.0.html

[ekg]

http://www.nytimes.com/2011/04/14/business/14prosecute.html?pagewanted=3&_r=1
This sums it all up, from the article.

The thrift supervisor, however, has not referred a single case to the Justice Department since 2000, the Syracuse data show. The Office of the Comptroller of the Currency, a unit of the Treasury Department, has referred only three in the last decade.
The honest bankers have not committed any crimes since 2000.

“I told John, ‘This is what any police chief does if he wants to solve a crime,’ ” Mr. Gnaizda said in an interview. “John was uninterested. He told me he was a good friend of Mozilo’s.”
Hey you can't charge the crook because we are friends.
Wake up people, the government is redistrubting the wealth from middle and lower class to the banks and corporations. It is government supported thievery and both parties are guilty.

it's not me you need to convince of this, I've been saying the same thing for awhile now.. sure, I blame much of the transfer on the (R) side of the aisle because they are bold and utterly open about it, but they can't do it all without help from the (D) side of the aisle..  how can they do it so boldly though, like with the Ryan plan, and still have so many middle/lower class people following and helping?

But the larger question I am batting back and forth with is, is what side is Obama batting for?  This far into the game I should know by now, but I don't. I tend to think the problem is that since the (R) are so far to the extreme in sending our wealth over to the corps,banks, and already wealthy that when he finally does capitulate, it's to the right of anything we'd ever see a real liberal agree to, because by that time, it's somehow become 'moderate'

I just don't know if thats giving him too much credit or not..

[Howey]

it's not me you need to convince of this, I've been saying the same thing for awhile now.. sure, I blame much of the transfer on the (R) side of the aisle because they are bold and utterly open about it, but they can't do it all without help from the (D) side of the aisle..  how can they do it so boldly though, like with the Ryan plan, and still have so many middle/lower class people following and helping?

But the larger question I am batting back and forth with is, is what side is Obama batting for?  This far into the game I should know by now, but I don't. I tend to think the problem is that since the (R) are so far to the extreme in sending our wealth over to the corps,banks, and already wealthy that when he finally does capitulate, it's to the right of anything we'd ever see a real liberal agree to, because by that time, it's somehow become 'moderate'

I just don't know if thats giving him too much credit or not..

[Howey]

Seems like lilMike's not the only one trying to tie Obama to Wall Street.

http://www.politico.com/news/stories/0411/53380.html

Michele Bachmann’s much-anticipated Tax Day rally on Monday was a "dud" that drew a paltry 300 people in Columbia, S.C., according to reports.
Continue Reading


Bachmann met privately with South Carolina GOP Gov. Nikki Haley ahead of her speech to the small crowd in the Palmetto state’s capital.
 
The Minnesota congressman rallied the tea party supporters with a call to block Washington from raising the debt ceiling and an attack on President Barack Obama for being too close to Wall Street.
 
She told reporters after the rally that while she has yet to make an announcement on a run for president, she is looking forward to the opportunity to take on Obama, The Associated Press reported.
 
The rally's sparse attendance is attracing nearly as much attention as Bachmann's remarks.
 
Will Folks, a widely read blogger in South Carolina political circles, termed the rally a “dud” in a post Monday afternoon.
 
“Politicians, political operatives and members of the media came close to outnumbering attendees at a much-hyped Columbia, S.C., tea party rally starring U.S. Rep. Michele Bachmann and S.C. Gov. Nikki Haley on Monday,” Folks wrote.
 
“Only 300 people (including a horde of Palmetto political operatives) attended the event in downtown Columbia, S.C. — which is a generous estimate in our book. That attendance figure — confirmed by other media outlets — amounts to less than one-tenth the size of multiple crowds that have gathered at the S.C. State House in recent years in support of parental choice.”

Wait. Obama loves Wall Street?

http://www.politico.com/news/stories/1210/46839.html

Yet the executive dislikes Obama with, what seems like, an almost irrational passion. And he is not alone.

Along the gilded corridors of Manhattan's largest banks, hedge funds and private equity firms and inside Washington's financial lobby shops, Obama and the rest of his administration are regarded with a disdain so thick it often blurs to naked loathing, a fact that has significant implications for the president's reelection campaign and his ability to operate over the next two years.

Was it Obama who huddled with Wall Street to try to do away or water down Wall Street reform?

http://online.wsj.com/article/SB20001424052748703575004575043612216461790.html

Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives at big financial institutions for backing Democrats in 2008.

In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street. [...]

[House Minority Leader John Boehner] told [James Dimon, the chairman and chief executive of J.P. Morgan] congressional Republicans had stood up to Mr. Obama's efforts to curb pay and impose new regulations.

Didn't Bachmann vote against reform?

http://clerk.house.gov/evs/2010/roll413.xml

Sources for this post are Politico, noted for criticism of politicians, regardless of political affiliation, when needed, and the WSJ, owned by Rupert Murdoch.

[Howey]

Run, Michelle, run!

[lil mike]

Seems like lilMike's not the only one trying to tie Obama to Wall Street.

Actually I'm not even trying.  He got more money from Wall Street than McCain did during the election and has shoveled billions to them since being in office.

See?  No effort at all.

[Howey]

Actually I'm not even trying.  He got more money from Wall Street than McCain did during the election and has shoveled billions to them since being in office.

See?  No effort at all.

See above.

Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives at big financial institutions for backing Democrats in 2008.

At least they had enough sense to know who would win the election.

[lil mike]

See above.
 

At least they had enough sense to know who would win the election.

Yep.  They bet right and were rewarded handsomely.