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Politics : Politics for Pros- moderated

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To: DewDiligence_on_SI who wrote (467228)	1/25/2012 8:19:35 AM
From: carranza2	12 Recommendations Read Replies (1) of 793559

It was full of subtle demagoguery, e.g., the call for an investigation and prosecution of mortgage lending practices......four years after subprime broke and three years after he took office. He knows about statutes of limitation, he's a lawyer......it's BS. The time to prosecute was early on, when the evidence was fresh and available. And the banksters? We know they are scot-free, unlike the prosecutions during the S &L bust, which went as high as Senators. Close your fists, then use your outstretched fingers to count the number of prosecutions of bankers who sold toxic securities while they joked with their peers about what s**t they were. He is totally captured by Wall St. but needs to sound populist now that there is palpable anger among the voters. If he really wanted to protect he middle class, he would have rammed ElizabethWarren through as head of the consumer credit protection agency, rather than bow to Wall St. and refuse to nominate her. It was full of points on which I guarantee you no action will be taken. Voters are so easily fooled.

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