Brazil Travel Buddy. What to do. Where to go. What to see. (Advertisement)

The Lie that Prosecuting Bank Fraud Will Destabilize the Economy


By gnadivi   Follow   Sun, 23 Dec 2012, 3:13pm   272 views   3 comments
Watch (1)   Share   Quote   Permalink   Like (1)   Dislike  

http://www.zerohedge.com/contributed/2012-12-22/lie-prosecuting-bank-fraud-will-destabilize-economy-what-really-destroying-ec?source=Patrick.net

Viewing Comments 1-3 of 3     Last »     See most liked comments

  1. CaptainShuddup


    Follow
    Befriend (1)
    250 threads
    4,771 comments

    1   1:21pm Mon 24 Dec 2012   Share   Quote   Permalink   Like   Dislike (1)  

    Great comic, it made my day.

  2. The Professor


    Follow
    Befriend (5)
    24 threads
    1,306 comments
    Premium

    2   8:07pm Mon 24 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected  

    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...

  3. APOCALYPSEFUCK is Shostakovich


    Follow
    Befriend (28)
    171 threads
    4,227 comments
    Premium

    3   8:10pm Mon 24 Dec 2012   Share   Quote   Permalink   Like (7)   Dislike   Protected  

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

gnadivi is moderator of this thread.

Email

Username

Watch comments by email
Home   Tips and Tricks   Questions or suggestions? Mail p@patrick.net  

Page took 43 milliseconds to create.