Another wasted opportunity. However it’s looking more and more that the goal of the
right is to create a totalitarian state in America. One that preserves the wealth and power
of the right, at the expense of the people. They are destroying this country one life at a
time. The political process is no longer able to address the criminality of the financial
industry. The political class is now an entrenched part of it. We won’t have a nation of
starving disposed people who are armed to the teeth. They know where wall street is.

There should be investigations leading to prosecutions and ,hopefully, convictions. But there will not be such, thus guaranteeing yet another such financial crisis down the road.

from the report:

However, the report did soften the blow, saying: “In making these
observations, we deeply respect and appreciate the efforts made by Secretary
Paulson, Chairman Bernanke, and Timothy Geithner… and so many others who
labored to stabilise our financial system and our economy in the most chaotic
and challenging of circumstances.”

How conciliatory, considering how complicit they all are. How lucky for them,
the times in which they live…

Michel Foucault describes in detail the evolution of punishment from
hanging, drawing and quartering of medieval times to the modern systems of
fines and prisons. He sees a trend in criminal punishment from vengeance by
the King to a more practical, utilitarian concern for deterrence and
rehabilitation.

Q: Should one expect they’ll be deterred or that they’ve been
rehabilitated? If not, why not ask: Is hanging, drawing and
quartering ‘off the table’?

****************

Makes me wonder how o will reward these ‘to blame’ people for
their work.