General Discussion

JackRiddler

(24,979 posts)

64. The deal is not a judiciary matter.

Mon Jan 23, 2012, 10:39 PM

Jan 2012

The federal government has for some time now been on the verge of brokering a deal between the 50 State AGs (executive officials: prosecutors) and the MERS banks and creditors to grant them immunity from prosecution for fraud and forgery in their treatment of millions of house titles and mortgages. This activity was the generating fraud of the entire crisis, because by evading state law on property transfer the MERS system allowed the shifting, chopping and recombination of millions of mortgages to create the MBS securities that proved toxic (predictably) and crashed the banking system (a few stages down the line of the same process).

Anyway, it's not a judiciary matter, the federal government is leading the way and most of the AGs are on board and it hasn't happened yet only because of the resistance of New York, California and a handful of others. They are the heroes in this, at least so far: Schneiderman and Harris.

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If Obama lets the Banks "Off the Hook" I think his re-election is a "Non-Starter" [View all] FreakinDJ Jan 2012 OP

Really, so who you going to elect? Newt, Mitt, Rick, or Paul southernyankeebelle Jan 2012 #1

It doesn't matter - anger is not rational FreakinDJ Jan 2012 #2

+ 1,000,000,000... What You Said !!! - HUGE K & R !!! WillyT Jan 2012 #18

Thanks for the hugs. I wasn't trying to make any big issues. I was just trying to bring it southernyankeebelle Jan 2012 #32

When he gets re-elected, and he will be, why would he move to the left? AnotherMcIntosh Jan 2012 #49

We can hope. But if he doesn't I know one thing he won't take us to war so easily without southernyankeebelle Jan 2012 #51

He won't take us to war so easily? We are in endless wars now. AnotherMcIntosh Jan 2012 #53

We are out of Iraq and he is working on getting them out of Afghanistan next year. Remember he southernyankeebelle Jan 2012 #55

Our UNIFORMED troops are out of Iraq. We (our contractors or mercs) are not out of Iraq. AnotherMcIntosh Jan 2012 #56

No one is holding them there. They have the option of quittting the job. They are getting paid southernyankeebelle Jan 2012 #57

The simple thing is that our tax dollars are being used to maintain an invasion force. AnotherMcIntosh Jan 2012 #60

The simple thing is that our tax dollars are being used to maintain an invasion force. AnotherMcIntosh Jan 2012 #61

I was talking strictly about troops. I see corporations differently. southernyankeebelle Jan 2012 #62

Taxpayer-supported mercenaries are troops. WE are paying for them. AnotherMcIntosh Jan 2012 #63

Who work for Blackwater or whatever their names are now. They are a civilian corporation. southernyankeebelle Jan 2012 #67

...and nothing to gain becomes nothing to lose elehhhhna Jan 2012 #66

For many people... dogknob Jan 2012 #12

Noose? Proud Liberal Dem Jan 2012 #24

"It just crosses too many political, and social-economic lines." Dragonfli Jan 2012 #19

Well we do know the pukes will let them off the hook Autumn Jan 2012 #3

The Ohio Tea Party was all over Foreclosure Fraud FreakinDJ Jan 2012 #5

If it does happen there isn't really any point in Autumn Jan 2012 #7

Let see how they try to spin it as "Better for America" FreakinDJ Jan 2012 #13

You are right, we are totally screwed. nm rhett o rick Jan 2012 #4

He's toast!!1! n/t Scurrilous Jan 2012 #6

If it's Noot as the repub nominee you think his superpac will do a video boston bean Jan 2012 #8

They will have him nailed on the cross before its over. By the way southernyankeebelle Jan 2012 #33

Obama represents We the Corporatists. Fool me once shame on you, fool me twice shame on me, jody Jan 2012 #9

Nice pledge dogknob Jan 2012 #16

Excellent points. We need more people to join our movement. nt jody Jan 2012 #20

Yea, well, as some say: "You can't fool all the people all the time, but you can try." AnotherMcIntosh Jan 2012 #65

And he isn't ashamed to show that he represents the one-percenters/corporatists either SammyWinstonJack Jan 2012 #77

Obama is never going to prosecute the bankers, lets face reality. Just like he never prosecuted teddy51 Jan 2012 #10

Good luck getting that started. bluerum Jan 2012 #11

Not up to me to "Get it Started" - Up to Obama to get re-elected FreakinDJ Jan 2012 #14

I'm sure the over lords will tweek the machines to swing to their homeboy. L0oniX Jan 2012 #15

wall street owns him.... mike_c Jan 2012 #17

The fact that his income puts him in the top 1% doesn't mean Wall Street "owns him." n/t pnwmom Jan 2012 #23

no, it's his consistent refusal to restructure or investigate or do ANYTHING... mike_c Jan 2012 #31

Exactly Cameron27 Jan 2012 #81

The fact that most of his key economic appointments have been Wall Street insiders.. girl gone mad Jan 2012 #44

Right, it's the fact that Goldmann Sachs was his largest campaign _ed_ Jan 2012 #71

Poorly written. Is this based on some news story? Kolesar Jan 2012 #21

WOW - pulling out all the stops to win the friends and influence people FreakinDJ Jan 2012 #25

Are you making some kind of joke? eom Kolesar Jan 2012 #30

Yep FreakinDJ Jan 2012 #37

Of course you do...nt SidDithers Jan 2012 #22

Oooooooooohhhhhhhhh!! OBAMA BAD, BAD MAN!!!!!! Liberal_Stalwart71 Jan 2012 #26

If Obama lets them off the hook? LiberalFighter Jan 2012 #27

Then he can merely allow the States to prosecute then couldn't he FreakinDJ Jan 2012 #29

in your dreams n/t. okieinpain Jan 2012 #28

your non starter is about 27previous non starters, too late. Sheepshank Jan 2012 #34

those one issues start to pile up after awhile.. frylock Jan 2012 #58

I thought the judiciary was independent from the executive? Nye Bevan Jan 2012 #35

The deal is not a judiciary matter. JackRiddler Jan 2012 #64

Post removed Post removed Jan 2012 #36

spraying spittle, the last resort of the inarticulate.... mike_c Jan 2012 #39

Do not go pass. Do not $200 collect. (nt) Nye Bevan Jan 2012 #40

Post removed Post removed Jan 2012 #41

There are a number of different ways to prosecute bhikkhu Jan 2012 #38

Greed, stupidity and excess compensation are not crimes, which is the problem, Nye Bevan Jan 2012 #42

Fraud is a crime. girl gone mad Jan 2012 #45

Greed, stupidity and excess compensation do not excuse criminal actions. AnotherMcIntosh Jan 2012 #54

Fraud and forgery are crimes. Both were committed on an epic scale... JackRiddler Jan 2012 #68

The States have been waiting on the Fed is my understanding FreakinDJ Jan 2012 #43

Robo-signing itself - which is the issue at hand - is a good case for civil penalty bhikkhu Jan 2012 #47

Its the WHOLE System - Foreclosure Crisis that will turn Voters against Obama FreakinDJ Jan 2012 #50

And if the banks wanted to pay for a result - what would it be? bhikkhu Jan 2012 #52

bhikkhu, I respectfully disagree with some of your comments. ms.smiler Jan 2012 #83

I don't know, but I don't think they are going to get off before State of the Union, so no deal. lonestarnot Jan 2012 #46

This is the umpteenth time someone has posted CakeGrrl Jan 2012 #48

The effort to keep dems home in 2012 continues. JoePhilly Jan 2012 #59

Who's behind it? Are you positing a conspiracy theory? JackRiddler Jan 2012 #69

Its starts in the media. They need a close race. JoePhilly Jan 2012 #70

This is hardly the only dynamic at work. JackRiddler Jan 2012 #72

Did not say it was the only dynamic at work, nor did I say that all criticism is unwarranted. JoePhilly Jan 2012 #74

Okay if you want to evade... JackRiddler Jan 2012 #75

I think in my response I agreed they do apply. JoePhilly Jan 2012 #80

WOW - "Way out in left feild" FreakinDJ Jan 2012 #73

Here's a chance for Progressives to take the Party to a different candidate ... T S Justly Jan 2012 #76

but does HE realize this? NAO Jan 2012 #78

"but does HE realize this?" ROFLMAO nt jody Jan 2012 #79

Just you wait FreakinDJ Jan 2012 #82