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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: stockman_scott who wrote (251137)6/1/2010 8:21:26 AM
From: ChanceIsRead Replies (4) of 306849
 
>>>Attorney General Eric Holder has announced that Tuesday he's going to to the Gulf Coast.<<<

What lunacy. What political gamesmanship. I have no problem, or even encourage criminal investigation of BP misconduct. A personal visit from the US AG???? Please. Besides I thought that he was busy prosecuting Arizona for kicking out its illegals.

Can't he read some reports back in DC??? Why isn't he in China with Geithner prosecuting the Chinese for currency manipulation?

Why isn't he doing criminal investigations of the banks?? Surely they have done more damage.

The bottom line is that the spill is more visible. It leads back to one entity, BP. There is more public outrage. Obama really can't blame it on "W." Obama is in a lot of trouble now with his popularity dropping and the elections coming. Oil companies have always been easy kicking for the politicians. This is a foreign and British oil company - and besides, Obama has already dissed the Queen so what more is there to lose. Oil company purchases of political favor can't match that of banks.

I have seen this scenario many times.
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