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Tuesday, October 25, 2011

WE NEED PERP WALKS

The message is enforcing the rule of law. Fraud on a massive scale was committed by Wall Street banks and no one has gone to jail. The Federal Reserve has broken the law in funneling taxpayer funds to these criminal banks. No one has gone to jail. Until criminals are treated like criminals, the population will get angrier and more resistant to the government.

Occupy Wall Street does have a clear message

Commentary: A call to recognize the crimes of High Finance

By David O. Friedrichs

SCRANTON, Pa. (MarketWatch) — The Occupy Wall Street protesters in New York City and now in countless other cities and on numerous campuses as well have it right: the current architecture of our political economy is not sustainable, going forward.

The vast economic inequities promoted by Wall Street and the corporate world are immensely harmful to countless millions of people, and to the well-being of our country itself. The financiers whose massively fraudulent activities played a key role in taking our economy over the side of a cliff have not been held accountable for their crimes.

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3 comments:

Gerald said...

We need to do what Vladimir Putin said back when all of this started, he said,” If this had happened in my country, we would take them all out back and shoot them, not give them a bonus”.

Anonymous said...

Whenever something of this magnitude occurs,Americans tend to hand pick a select group of culprits.Blame is much easier to apply when there is only a short list of suspects.Truth be known,we could easily quadruple the list.The entire spectrum of failsafes would include vastly more individuals than have been yet named.

Anonymous said...

This country has had it!!
Our legal system will not punish the criminal , it really rewards the criminal and punishes the victim.
I say this , use discretion , but when in trouble , shoot to kill.
The sad part about these statements , everyone is aware of this , but nobody cares.