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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (422195)	4/16/2011 1:40:08 PM
From: MulhollandDrive	2 Recommendations Read Replies (1) \| Respond to of 793905

As we will find out soon enough, not only are these banks too big to fail, they're too big to prosecute. Nothing is going to happen because Wall St. has completely captured government. And that's the way it is. you are correct.... i don't know what can be done about investment banks, since they are liars, thieves, and cheats, no matter what 'rules' you put in place, they will find a way to skirt the law 'legally'....other than let them fail, but we know that won't happen... however...the TBTF banks like chase, BoA, citi (which has failed 3x since the 80s) wells fargo, etc. can easily be boycotted by consumers....i have told people relentlessly since 2008 to pull your money out of the TBTF banks (frequently falling on deaf ears because no one wants to be 'inconvenienced', they don't see the massive 'inconvenience' these bloated entities full of criminals at the helms have unleashed on every american struggling to stay afloat with their mortgage or savings) TAKE YOUR MONEY OUT i was recently on a road trip and i saw a cool billboard that said "Tired of being CHASED by high fees? Visit XYZ credit union (sorry i can't remember the credit union name right now) i liked it but it was a bit too subtle...but its a start

To: carranza2 who wrote (422195)	4/16/2011 5:34:09 PM
From: Whitebeard	1 Recommendation Respond to of 793905

Obama, making the world safe for Wall Street and the Banksters, one tax increase at a time. Those thieves, in collusion with members of both parties, but especially the Dems, set up a money making machine that needed no capitalization for the banks and the financing firms. Brilliant. They made fortunes out of thin air, with no skin in the game. What did the banks have? 10% capitalization? 1%? AIG was their insurer against failure. it went belly up with the first wave of bad mortgages. How much money did it have to guarantee all those tranches Goldman Sachs was selling? The govt and our AG just swept the fact that Goldman was profiting on both sides of the bet, otherwise known as the Big Short, under the table. If the country, ie. the boomers, is 45% poorer, how much did those goniffs pocket? They should all be in jail. Instead, they're busily funding Obama's 2012 run.