What goes for Iceland largely go for us <<The Icelandic media is largely owned and controlled by the same individuals suspected of participating in the widespread wrongdoing that led to our economy's collapse. We must ensure that this information reaches the public in a timely manner.
Unfortunately, the government and the banks have not taken any significant steps to investigate these matters, of if they have, they've done a very thorough job of keeping the information away from the public.>>
The "We must ensure this information reaches the public in a timely", sentences like that i read all over regards the U.S. disaster, and i just sigh knowing it is just some bloke or blokette typing away on their keyboard a wishful thought with nothing actually going on to see that the wish becomes reality.
Boy just think if 60-minutes did a special 2 hour report, following months of investigative journalism, and explained in understandable power points the whole mad/insane world of derivatives, explained the CDOs etc etc, brought forth the DEEP CROOKED INVOLVEMENT of Standard and Poor's, Moodys and Fitch with the crooks on Wall Street, exposing the totality of this pre-meditated crime of extreme greed.
Explain how the the banks/brokerages and countrywide and AIG and such got stuck with their own toxic paper and how, you the taxpayer are paying for this where as the culprits still are awash in grostesque riches.
Go after, and charge, and don't say people like Blankfein were well intentioned, go for the jugular,expose how GS did better than others because Blankfein SHORTED the very same Triple AAA paper they sold/HUCKSTERED as Rock Solid safe.
Lay out for the the public the depth of this scam that has cracked the very foundation of America and also bring forth how much more America is now hated overseas as they know a lot more how this rotten scam was born, nursed and grown to a Monster in WallStreet.
But you see i am just some bloke aimlessly typing WISHFUL thinking, our media is DEAD, it is a joke, if 60 minutes ever commenced working to present this historic exposure they would have the forces of National Security come down on them in manner that would crush any such report ever happening.
O.K. Obama is chattering on and on about a new ethic a new transparency, so why doesn't he announce a full exposure and revealing to the public as to what really happened will be commenced. A serious, intense investigation with someone like Fitzgerald in the lead and that they will prosecute those involved in this.
Why doesn't he announce, that they have enough information to nail Moodys,S&P of premeditated fraud.
The Spear Report wrote this week that to retrieve public confidence the rating agencies must be clearly exposed, charged and disbanded.
That a non-profit Federal Ratings(that is itself watched for corruption) agency take their place.
But this is just their wishful thinking typing, nothing more.
Now most important, Bloombergs sought, via the Freedom of Information Act to have the Fed/Tressury reveal who they have been loaning to and for how much and most important what were they given as collateral.
Bloomberg was arbitarily flatly refused, with the basic message 'it is for us to know, and not for you, nor the public, you see that is how Democracy works.'
Well Obama waxed ELOQUENT about wanting the government to be more open and receptive to giving information under the Freedom of Information Act, and o it SOUNDED great, wow this Obama is like doing real change, but then i realized a sucker is born every minute, and i never want to be one of them and what i was hearinig was but words, and words are just words , not action, let us see the Bloomberg request SATISFIED, because if it isn't, Obama is just blowing smoke.
Again, someone like 60-minutes should address the public and ask the public what is the Government Hiding.
make it a crusade----but, ha!! like that will really happen!
Max
|
