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 Banks’ Lame Apology Isn’t EnoughPosted on Jan 19, 2010
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By bflaska, January 20, 2010 at 8:43 am Link to this comment
Go see “Plunder: The Crime of Our Time.”
Danny Schechter has been calling for a Jail Out since before the Bail Out.
Report thisBy bflaska, January 20, 2010 at 8:22 am Link to this comment
(Unregistered commenter)
Hey, go see “Plunder: The Crime of Our Time”.
Danny Schechter’s been calling for a Jail Out since before the Bail Out!
Report thisBy bflaska, January 20, 2010 at 8:20 am Link to this comment
(Unregistered commenter)
Hey, go see “Plunder: The Crime of Our Time”.
http://www.newsdissector.com/blog/2010/01/20/help-fund-plunder-the-crime-of-our-time/
Danny Schechter’s been calling for a Jail Out since before the Bail Out!
Report thisBy Brian Southwick, January 19, 2010 at 9:29 pm Link to this comment
(Unregistered commenter)
Succinctly put, Mr. Rosenfield. As an expat resident of Japan I prescribe a somewhat stronger Japanese punishment for the unrepentant malefactors: disembowelment, self-administered or otherwise.
Report thisBy McTN, January 19, 2010 at 9:11 pm Link to this comment
Apology? Screw that. I want my money back.
Report thisBy Smoove, January 19, 2010 at 5:20 pm Link to this comment
(Unregistered commenter)
Agreed Paolo.
The bankers’, politicians’, AND the gov’t sponsored entities’ contribution to the meltdown has to be recognized and then all three need to be taken to task.
Report thisFurthermore, I think it’s high time to call out all the modern economists and their rubbish “science”. Given the latest results, Keynesian and Monetarism should be viewed in the same light as alchemy.
By Paolo, January 19, 2010 at 4:35 pm Link to this comment
A libertarian, free market view:
Actually, I agree with the general thrust of the article. Banksters are indeed crooks. They are the ultimate cartel, joined symbiotically with politicians so both can work their nefarious schemes by screwing honest people.
The Bankster’s main weapon is the criminal practice of so-called Fractional Reserve Banking (FRB), in which they can lend out about ten dollars for every dollar on deposit. In other words, they engage in massive counterfeiting.
As an early Rothschild bankster said almost 200 years ago: “Give me the power to create money, and I care not who writes the laws.”
The other half of the symbiotic relationship is scurvy politicians. What they get from FRB is the ability to create and sustain financially unsound programs, through the (to most people) mysterious process of inflation. These programs include both welfare and warfare programs.
Warfare is their favorite program of all.
So I agree, as a free market advocate, with the main thrust of the article. But I think the banksters should be joined in their 20 year jail sentences by their buddies on the political side of the symbiotic relationship.
Report this