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KRoNYSToNe CoPS...
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But here’s the thing: most of the crimes Wall Street people commit involve highly specific, highly individualized transactions that won’t fit Eric Holder’s bag of cookie-cutter statutory definitions. That is not the same thing as saying they’re not crimes. They are: the crimes of the crisis period were and are very basic crimes like fraud, theft, perjury, and tax evasion, only they’re dressed up in millions of pages of camouflaging verbiage.
Or, even more often, the crimes have also been sanctified in advance by “reputable” law and accounting firms, who (for huge fees) offered their clients opinions that, if X and Y are signed in accordance with Z, and A and B are stipulated by the parties, and everyone’s sitting Indian-style and facing the moon when the deal is agreed to, then it’s not fucked up and illegal when Goldman Sachs tells you it’s a co-investor in your deal when it’s actually got $2 billion bet against you.
You know that look a dog gives you when you show it something confusing, like an electric razor or a lawn sprinkler? That’s the look federal prosecutors give when companies like Goldman wave their attorneys’ sanctifying opinions at them. They scratch their heads and say: “Oh, wow, well since this was signed in Australia by three millionaire lawyers wearing magic invisibility cloaks, it really isn’t fraud! They’re right!”
...Matt Taibbi
http://www.rollingstone.com/politics/blogs/taibblog/ag-eric-holder-has-no-balls-20120815#ixzz23j4EzZYZ
Calling all cars! Calling all cars!
http://www.youtube.com/watch?v=6yV30dalQ20
The ONLY people for whom the drug war isn't working, are those of us who pay to wage it. There's a symbiosis, whereby both sides make out like bandits, and we get stuck with the gigantic bill and prisons full of people whose crimes hurt nobody.
To paraphrase Jane's Addiction
The cops and the criminals aint no differance.
The reason drugs are not legal, is all the people making a great living keeping them illegal.
http://www.businessinsider.com/stratfor-the-us-works-with-cartels-2012-9
Perfect timing on this banzai...good stuff.
Best explanation....incompetance
The only foes that threaten America are the enemies at home, and these are ignorance, superstition and incompetence.
Cops on the take don't bust the mob bosses or their cronies.
It involves a mixture of incompetence, lack of requisite intelligence and lack of conviction (pun ntended).
It takes a real talent for incompetence to get to the top of the US power structure. Most of us simply can't pull off this sort of professional level of stupidity. The Peter Principle rules all. Recent studies suggest that psychopaths have a bad sense of smell. I guess that helps our ruling (psychopathic) class endure the stench of their own bullshit.
Incompetence is not a political sin for the sheeple, after all they are incompetent voters. The pols realize this, that is why the incompetence defense is rated number one by politians for the 6000th year in a row.
incompetent voters
Dept. of Redundancy Dept. -- the competent don't vote!
Does that nightstick take batteries?
I'm sure alert readers are aware that the criminal statute of limitations on most if not all of this RMBS stuff has already expired.
There is no res judicata on bad title.
Just ask Francis Bevilaqua and Judge Long from the MA SJC
WB
Not really.
Robosigning a la Linda Green was a continuance of an ongoing conspiracy to defraud.
Just want someone with the cajones and a couple of mill to Privately
criminaly prosecute these crooks.That right,granted under Magna Carta ,and in US law still
exists.
Lay off it ... Linda Green is my tax preparer!
Some statutes never expire due to fraud in the creation of the so called, security.
Trust me, it won't make a difference with them at the wheel.
http://www.foxnews.com/politics/2012/10/02/doctor-seeking-illinois-senat...
Yes. It will. It won't result in instant growth and the end to all the banksterism and crony socialism, but it will end the influence of dirty Eric Holder, Van Jones and Valerie Jarrett, none of whom support capitalism as the basis for our economy.
Romney's not going to get an A; he'll probably only get a D, but he won't be actively trying to fuck things up even worse.
Banzai, as usual, your "bullshit detector" is functioning at max sensitivity.
The needle is going nuts...
If Eric Holder was a white man who happened to be an attorney, he'd be representing used car dealers on the west side of Chicago for $20.00 an hour.
The same could be said about the current occupant of the Oval Office. Except, where you wrote "representing", replace it with "blowing"...
Actually, he would probably be in jail.
that's my Nice Thought for the Day
Stop dreaming and get back to work. There are taxes to pay...
Now why do you have to go and demean honest used car scheisters by associating them with corrupt garbage?
Car dealers and realtors have become honest professions!!
Not many Keynesian car dealers out there....ex the pre sold stick it on the parking lot GM mafia...
Mr. Dimon, we have a few questions. Please come to the station with us. Pack some extra underwear and a sweater, just in case.
Don't you mean "bring some blow and hookers so we can party while we pretend to question you"?
BO to Eric - "Remember to let the big ones like Jon C. go. Grab some headlines with small fry and tell them to 'occupy this'."
Zing!