patrick.net

  new post
register or log in

patrick.net's 40 proposals »

10,737 registered users, 6 online now: Hater, indc, indigenous, Patrick, rpanic01, Strategist

American banks are on a massive crime spree

By Patrick (292/292 = 100% civil)   2012 Nov 3, 1:40am   ↑ like (3)   ↓ dislike   1,507 views   10 comments   watch (1)   share   quote  

http://www.houstonpress.com/2012-11-01/news/wells-fargo-175-million-settlement/

Longtime prosecutor and Notre Dame law professor G. Robert Blakey: "The real theft was on Wall Street… All of the people who ran the scams have their big houses and their airplanes and they’re laughing.

#crime

Comments 1-10 of 10     Last »

1   The Professor   2012 Nov 3, 2:36am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

"American banks are on a massive crime spree. Obama and Romney hope you won’t notice."

Some of us have noticed, but what can we do?

2   C Boy   2012 Nov 3, 3:26am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

Thieves don't know when to stop. Soon they will start stealing from themselves, then the sh!t will hit the fan.

3   curious2 (35/35 = 100% civil)   2012 Nov 3, 7:05am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

I wish that journalists and newspaper proofreaders (if those still exist) would please learn math. The article says, "the settlement amounted to just .011 percent of the San Francisco bank's annual income. It was like forcing a $30,000-a-year working stiff to pay a $240 fine." 0.011% of $30,000 is $3.30. $240 would be 0.8%. At least it's a serious story, unlike most of what passes for journalism these days, but bad math and hackneyed phrases don't give the subject the coverage that it warrants.

4   mell (19/19 = 100% civil)   2012 Nov 3, 7:17am  ↑ like (3)   ↓ dislike   quote   top   bottom   home   share  

That's what I keep saying in light of all these partisan politic discussions - even NPR jumped on the boat with a new low today in a segment about family and friends and neighbors so divided about Romney vs Obama that they don't talk and what they can do to overcome the "huge" gap in their political views and other such bs stories. Seriously? You are not talking and having family feuds over 2 politicians/parties of the same kind?? How fucking dumb is that (I'll stand by that insult!). Meanwhile the bankstas and politicians are laughing about you buying all their distractions about boy scouts, gay marriage, abortion, drug policies and so on while they are robbing you and more-so your children blind at daylight! Are you really more concerned about the fact that some homophobics prefer to stay amongst their own than the 16 trillion (!) dollar deficit?? Then you deserve to continue being robbed ;)

5   The Professor   2012 Nov 4, 1:45am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

If Romney gets elected a woman will still have access to birth control and abortion.

If Obama gets elected the banks will continue their pillage.

What is the difference?

6   Peter P   2012 Nov 4, 1:51am  ↑ like (3)   ↓ dislike   quote   top   bottom   home   share  

The Professor says

If Romney gets elected a woman will still have access to birth control and abortion.

If Obama gets elected the banks will continue their pillage.

What is the difference?

The mascot will be different. Would you prefer an elephant or an ass? ;-)

7   C Boy   2012 Nov 4, 2:11am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

The Professor says

If Romney gets elected a woman will still have access to birth control and abortion.

If Obama gets elected the banks will continue their pillage.

What is the difference?

Currency war with China would be a disaster.

War with Iran will end in failure.

8   The Professor   2012 Nov 4, 11:47pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

Peter P says

The mascot will be different. Would you prefer an elephant or an ass? ;-)

Personally I would prefer a president that really cares about the people more than the monied interests that put them in place as the figurehead of the greatest country in the world.

9   Patrick (292/292 = 100% civil)   2012 Nov 5, 12:21am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

But since private money is so important to elections under our current rules, a guy who put the public interest ahead of monied interests probably can't get elected.

I think the majority of our problems come back to our campaign finance system. We should have publicly financed campaigns instead, and a ban on private campaign donations.

10   Patrick (292/292 = 100% civil)   2012 Nov 5, 12:23am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

underwaterman says

Patrick, the link to the article on houstonpress now points to a different article.

I tried searching the wall street journal site for the article but can not find it.

The link at the top? Still works OK for me, showing the article about the banks' crime spree. Maybe there was a problem at houstonpress.com for a while.

Comments 1-10 of 10     Last »

Watch comments by email

home   top   users   about   contact  
#investing   #housing   #politics   #humor  
housing crash   thunderdome   sexy pix   site suggestions  
best comments   ad hominem comment jail   patrick.net on twitter   random post  
please recommend patrick.net to your friends