A Simple Alternative . . . .

If the right wing nutjobs who are pining for an overthrow of the government are truly and heartfelt serious, they would be much more convincing in their arguments if the target of their righteous ambitions were these sons of bitches:

Jan 8 (Reuters) - Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the Wall Street Journal reported, citing people close to the inquiry.

The new investigation is a potential blow to the banks as they have already paid billions of dollars in penalties and fines to various federal agencies following scrutiny of their conduct leading up to and during the market panic of 2008.

Banks continued to hold billions of dollars in hard-to-price assets on their books even in the aftermath of the credit crisis.

Regulators are now seeking information about whether banks made "significant misrepresentations" about some of those assets to make deals, the Journal said.

The probe focuses on whether traders bought or sold residential mortgage-backed securities at artificially depressed or inflated values from around 2009 through 2011, the paper said.

http://www.huffingtonpost.com/2014/01/08/banks-misled-mortgages_n_4558997.html


So basically, the same big banks, whose criminal actions caused the collapse of the global economy in 2008, economically ruining millions of lives around the world, have learned nothing by their actions, and in fact continue their criminal activities to this day.  But then - why should they learn anything?  The slap-on-the-wrist fines that have been levied against them are simply considered a calculated and planned part of their business model and viewed as just another expense on their balance sheets.  The bottom line is - crime does pay for these people.

It is still The Gadfly's contention that a hangman's scaffold on the steps of the Wall Street Exchange Building, with the dangling and twitching carcasses of a half a dozen of these banking/financial services CEO sociopaths, would be a much more effective method of cleaning up this kind of corruption and sending a message that we the people are mad as hell and aren't going to take this shit anymore, than a bloody coup and subsequent civil war would.

Tell The Gadfly he is wrong.



----TFG