If bankers do wrong, sure, but there is a procedure of arrest, try, convict, and sentence. Not seeing much of that, are we?
I suppose it's fun to "hate the bankers", but let's not forget the FedRes and FedGov which pave that way for all corruption.
Lets Jail the bankers and demand they be held to account
stormy rae
2012/07/31 14:57:35
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Sign the petition, forward it, post it to facebook and all other social media web sites. Email this petition to anyone you know that wants to stop being raped by the banks. After signing it and passing it on, contact your local representatives and demand they bring it forward, tell them if they dont when the people finally make a resolution they will be jailed too, for turning a blind eye to the ravaging of the citizens. Remind them that Iceland was a peaceful takeover, but a takeover none the less. The People have spoken, and its time we make like Iceland. Demand the return of our Government to its citizens! Will you join us that have already signed the petition. Will you join the nations that are demanding change!
Read More: http://www.avaaz.org/en/bankers_behind_bars_f/?cQO...
Top Opinion
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Striker 2012/07/31 16:15:53
Tim Geithner was one of the culprits in helping the banks, particularly Citi and Travelers, get rid of the Glass-Steagall Act that had kept commercial and investment banking separate since 1934, by passing, in 1999, the Financial Services Modernization Act. Bill Clinton was heavily involved in the passage of that act, and is credited with strong arming Congressional Republicans in October 1999 in all night sessions to get that act passed.
It was Tim Geithner, appointed by Obama, who was in charge of TARP funding as US Treasury Secretary, in Jan, 2009, just after Frank, Dodd and others in Congress managed to get that funding passed to bail out the banks,Tim Geithner made the rules for banks, ordering them to get out of all EXISTING real estate and construction loans by any means possible in order to get TARP money.
Despite the "official" line that blames the home owner for mortgages they could not afford, it was this demand by Treasury that led the banksters to call existi...
Tim Geithner was one of the culprits in helping the banks, particularly Citi and Travelers, get rid of the Glass-Steagall Act that had kept commercial and investment banking separate since 1934, by passing, in 1999, the Financial Services Modernization Act. Bill Clinton was heavily involved in the passage of that act, and is credited with strong arming Congressional Republicans in October 1999 in all night sessions to get that act passed.
It was Tim Geithner, appointed by Obama, who was in charge of TARP funding as US Treasury Secretary, in Jan, 2009, just after Frank, Dodd and others in Congress managed to get that funding passed to bail out the banks,Tim Geithner made the rules for banks, ordering them to get out of all EXISTING real estate and construction loans by any means possible in order to get TARP money.
Despite the "official" line that blames the home owner for mortgages they could not afford, it was this demand by Treasury that led the banksters to call existing construction loans all over the country in order to "cool" the economy. Those loans were not $100,000-200,000 house loans, but $10 million and up commercial construction loans on projects that employed 100s of construction workers directly, and created jobs for millions in related industries of manufacturing, supply, services and consumer goods. A Federal Reserve of St. Louis study found that 22% of the 8.3 million jobs lost were in those construction jobs, noting that the exact percentage of the millions more lost that were caused by that could not be determined.
Bottom line, as one such bankster in St. Louis put it to a contractor he had just bankrupted: "The facts are on your side, but we have the money. You lose."
Or, as a federal judge in Chicago stated, "the bank acted in bad faith and without cause..but it had the right to do so."
Maybe you people posting and signing this crap should get some facts before annoying people with spam
Major villians are Carter, Clinton, Dodd, and Frank. Start with them.
The Icelanders had the guts and the balls to oppose the banksters and do what had to be done to save their freedom and their country.
I have signed the petition.
I suppose it's fun to "hate the bankers", but let's not forget the FedRes and FedGov which pave that way for all corruption.
Now I know that every single banker is not the peak of goodness but you have to remember that even the worst get away with only those things that the federal regulators allow. The problem is the politicians turn a blind eye for immediat or future consideration or employment. The WH is full of cronyism.
The government should not be in the loan business ... mortgages ... student loans or any other. They shouldn't be in the deposit guarantee business either and ... the people who run these things should be personally liable. They would then be far more careful.