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The Lie that Prosecuting Bank Fraud Will Destabilize the Economy


By gnadivi   Follow   Sun, 23 Dec 2012, 7:13am PST   376 views   3 comments
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http://www.zerohedge.com/contributed/2012-12-22/lie-prosecuting-bank-fraud-will-destabilize-economy-what-really-destroying-ec?source=Patrick.net

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CaptainShuddup   Mon, 24 Dec 2012, 5:21am PST   Share   Quote   Permalink   Like   Dislike (1)     Comment 1

Great comic, it made my day.

The Professor   Mon, 24 Dec 2012, 12:07pm PST   Share   Quote   Permalink   Like (1)   Dislike     Comment 2

From the article:
"In 2004, the FBI warned publicly of “an epidemic of mortgage fraud.” But the government did nothing, and less than nothing, delivering instead low interest rates, deregulation and clear signals that laws would not be enforced. The signals were not subtle: on one occasion the director of the Office of Thrift Supervision came to a conference with copies of the Federal Register and a chainsaw. There followed every manner of scheme to fleece the unsuspecting …"

And a couple years later if the banks did not get trillions of dollars life as we knew it would end...

APOCALYPSEFUCKisShostikovitch   Mon, 24 Dec 2012, 12:10pm PST   Share   Quote   Permalink   Like (7)   Dislike     Comment 3

America's only hope is the ritual beheading of banksters.

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