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Why Wall St. has Walked…

SkyHarbor, 2013/01/23 

PBS/Frontline aired “The Untouchables” last night. MSNBC’s Ed Schultz provides a preview:

The entire programme is available:
PBS/Frontline: “The Untouchables”

More than 4 years after Wall St. recklessness and unbounded greed drove this Nation’s (and much of the World’s) economy into the ground, not a SINGLE upper echelon bank officer has been shown to a penitentiary suite for an extended stay. What was perpetrated by these clowns was breath-taking FRAUD and it is NOT that difficult to prove. So what happened?

DOJ’s lead attorney Lanny Breuer strikes me as particularly incompetent. A double-talking weasel lawyer IMHO. Fire him. Yesterday.

Important stuff folks. Who will light a bonfire under our over-timid (that’s putting it charitably) Justice Department before the statute of limitations runs out??

7 Comments »

  1. byronius wrote,

    I’ll watch this later today. One of the pillars of this problem is Citizens United. Unchecked Wall Street political money buys protection.

    It’s inefficient beyond belief. The markets are technically supposed to provide development capital for deserving new ideas, but that’s become the smallest part of what they do. Now, they openly bribe politicians for criminal purposes, and suck the better part of the nation’s brainpower into masturbatory profiteering.

    It’s the same with banking — they’re supposed to provide a service for a small fee. Now, they’re the nation’s largest industry —

    Which is ridiculous, on its face. So Easter-Islandish. So burn-it-all-down-so-one-guy-can-hoard.

    Man, a lot of primates on this planet are fucking dullards. Cunning, scheming, moral-compass-lacking dullards guided by all the wisdom that testosterone and unresolved childhood trauma can provide.

    Comment on 2013/01/23 @ 9:01 am

  2. byronius wrote,

    From Balloon Juice:

    Watch this episode and I swear to FSM you will want to choke Lanny Breuer.

    Comment on 2013/01/23 @ 10:17 am

  3. Cat-eyes wrote,

    Sir David Attenborough, the legendary broadcaster most famous for narrating BBC documentary series such as Planet Earth and Life, has spoken out against humanity’s effect on the world he has covered for the past six decades. In excerpts from an interview with the Radio Times, the 86-year-old Attenborough says that humans are a “plague on the earth,” and that population control will be necessary to curb rampant growth across the globe.

    “It’s not just climate change; it’s sheer space, places to grow food for this enormous horde. Either we limit our population growth or the natural world will do it for us, and the natural world is doing it for us right now.

    Source: theverge.com

    We keep putting on programmes about famine in Ethiopia; that’s what’s happening. Too many people there. They can’t support themselves — and it’s not an inhuman thing to say. It’s the case. Until humanity manages to sort itself out and get a co-ordinated view about the planet it’s going to get worse and worse.”

    Comment on 2013/01/23 @ 11:50 am

  4. Max wrote,

    I take a little heart from something Kim Stanley Robinson once said, that the key to population control is the education and empowerment of women and that this is a trend that continues to move in the right direction, though it always seems a little too late. My hope is that the internet and the ubiquity of cell phones (and particularly internet enabled smart phones) will accelerate this trend. Hopefully we’ll be able to blunt the effects of the current extinction event and possibly even roll it back eventually with the aid of some of the amazing advances in biogenetic science and technology. Think Jurassic Park, but more oriented to the last several decades of losses such as the dodo, tasmanian devil, and all the other fine critters posed to disappear in the next few years and decades as a result of the plague of humans.

    Comment on 2013/01/23 @ 12:27 pm

  5. SkyHarbor wrote,

    It’s a simple fact that when you educate girls and give them access to contraceptives, the birth rate falls dramatically and the health of women and the children they DO have skyrockets.

    Strictures against birth control are INTENDED to cause population explosions… of whichever religion or sect puts them in place. ‘Pro-Life’ is transparent bullshit. There are way too many of us already!

    We now infest the planet to the tune of 7 billion. Somewhere around 1 billion or less is probably optimal.

    Comment on 2013/01/23 @ 1:18 pm

  6. byronius wrote,

    Lanny Breuer, Justice Department criminal division chief, is stepping down

    Source: Washington Post

    Lanny A. Breuer is leaving the Justice Department after leading the agency’s efforts to clamp down on public corruption and financial fraud at the nation’s largest banks, according to several people familiar with the matter.

    As one of the longest-serving heads of the criminal division, Breuer’s tenure has been filled with controversy and high-profile prosecutions. He was admonished for his role in the agency’s botched attempt to infiltrate weapon-smuggling rings in the operation dubbed Fast and Furious. And he has been accused of being soft on Wall Street for failing to throw senior bank executives behind bars for their role in the financial crisis.

    Comment on 2013/01/23 @ 3:28 pm

  7. SkyHarbor wrote,

    Good. He was simply ineffective in this job. I don’t know if Mr. Breuer was just over-awed by such wealthy people or if there were darker currents at play… but after what I saw on Frontline last night, I’m glad to see him go.

    Comment on 2013/01/23 @ 6:11 pm

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