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In reply to the discussion: 5 signs 'liberals' in congress are faking it [View all]jtuck004
(15,882 posts)20. If one were to accurately represent the comments of Bill Black, they would note that
he has consistently described, in excruciating detail, what he believes that crimes are, that the administration's refusal to support the investigative force needed is the primary and most important barrier to prosecution.
Riley: It sounds like you dont think this new working group is going to get the job done. Last week, Schneiderman said that he thinks he has the resources (particularly the IRS and the Consumer Protection Unit) and the political will to pursue the investigation in a meaningful way. Why do you disagree?
Black: First, the investigation will not investigate what was by far the largest and most destructive fraud control frauds the origination of millions of fraudulent loans. Second, the working groups resources to investigate secondary market fraud are ludicrously inadequate.
Despite the exhortations and eclectic experience of the many Internet-based-armchair-attorneys and a few bank apologists, no one with any credibility is insisting we investigate for violations of a defunct Glass/Steagall. Rather, Professor Black, a respected and expert forensic criminalist describes the "control fraud" he believes has and is occurring, a crime he investigated and the model for which he created, responsible for sending criminals in the S&L business to jail.
It's just one of many pathetic defenses of slimy bankers and their friends and politicians, however. Albeit mostly clumsy and partisan, they argue FOR people who are hurting others, who laughed - LAUGHED - about the shit they were selling to widows and orphans, testified to the misery they were visiting on the American people in front of Congress. In the process they turn their backs on the cause of our neighbors whose lives have been irreparably damaged, directly, by the greed and fraud of those bankers and their friends, children on food stamps, the working poor, people whose homes and lives are being foreclosed on. They become apologists for the most venal so-called people who have done more to hurt this country than any terrorist has ever dreamed of.
Why anyone would want to side with those bastards I have no idea, but they do.
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actually I think the filibuster likely did have a great deal to do with him leaving
dsc
Jan 2013
#15
+ 1000 and what about the jobs? People don't want welfare, they want to work. Where
DogPawsBiscuitsNGrav
Jan 2013
#24
If one were to accurately represent the comments of Bill Black, they would note that
jtuck004
Jan 2013
#20
Yeah, I suspect it's tough give a subpoena to a fraud with one hand while writing a check to them
jtuck004
Jan 2013
#38
So many people tried to speak out against the Great Robbery congressional email servers crashed.
Egalitarian Thug
Jan 2013
#43
K&R. We keep losing the game, even when we're holding the winning hand. Watch what happens with gun
chimpymustgo
Jan 2013
#27
There is little correlation between liberal and Democrat any longer. K&R
Egalitarian Thug
Jan 2013
#33