Month: January 2012
Still foggy on exactly what happened to America in 2008? It wasn’t just that the Cheney Bush League abandoned ‘The Homeland,’ preferring foreign oil wars. Still spared government regulatory eyes, Corporate Board Rooms ran amuck with banking institutions warping fiscal reason, and probably law, to bundle, pool and sell bad mortgages until, like any Ponzi/Pyramid scheme, ‘The Wall Street came a tumbling down.’
Since then most Americans have been “Left Behind” in a new disaster world order created by Bankstas and some top 1% incomers, and paying for the privilege, but now that phase one of ‘bailout so we don’t crap-out’ is ending, what’s next? Romney?
If you’re like me, you’ve been wishing for an Obama appointed special prosecutor to investigate the possible unlawful behavior of the not so secret Ménage à trios between ‘Citizens United,’ our Supreme Court and America’s Wall Street Financial Institutions, which corroded America’s Dream in three ways: elections Billionaire corrupted, underwater Housing/Mortgage Market and high unemployment dominated economy.
Well be careful what you wish for, for no sooner had the President’s State of the Union granted my wish, than those most in need of investigation fast tracked their negotiations with the Obama administration. Perhaps the “Rush” is delayed response to defending their lawful façade against squatters’ rights Ohio Congresswoman Marcy Kaptur. Being snagged in a legal fishing net cast by Attorneys General of New York, Delaware, Massachusetts, Illinois and even Nevada, plus skyrocketing election buying costs, and even behemoth houses of ill-repute like Bank of America, Wells Fargo, Citi-Group, GMAC and JPMorgan Chase, reshuffle.
Nonetheless before adding an Obama administration investigation to the Stop PIPA & SOPA FB victory laps, hold your FBI horses, because with this ‘Johnny come lately’ call for Eric Holder Justice Department justice, Banksta foxes in the hen houses of greed are scrambling for “Let’s Make a Deal” if “The Price is Right.”
Huffington Post announced, “The Obama administration, state attorneys general, and, perhaps, the nation’s largest banks are close to a final settlement on the years-long struggle over allegations of massive foreclosure fraud, according to several sources familiar with the talks.
And the final details of the arrangement, according to the source who revealed them, will apparently not preclude prosecutors and regulators from taking legal action against many of the common abuses during the house bubble. It remains to be seen whether all parties will ultimately sign off on the language. The settlement is worth $25 billion, a sum which will be distributed to homeowners who were wrongfully foreclosed on as well as those who remain underwater. In addition, banks could still face future legal action over 12 specific violations.”
Sometimes success can be as haunting as a Romney defense, “banks aren’t bad people, they’re just overworked.” ‘Remember The Bain’ and that the $550. Million dollar fine Goldman Sachs paid to an ‘eyes wide shut’ SEC, was less than 1% of its annual net.
The Devilish Bankstas are in the details. Still “We the 99%” are getting in their faces and maybe now they’ll fear potential withdrawal pains of millions of ‘George Baileys’ and ‘Mr. Smith Goes to Washington,” while shelling out millions more on losing candidates.