JUST THE FACTS MA'AM

With all the noises about imminent subpoenas (subpoenas not criminal indictments) it is not surprising that Wall Street's MSM shills and unapologetic defenders are coming out of their master's cracks to bark at all those "conspiracy theorists" who have the gumption to accuse bankstas of criminal behavior.

That's right, conspiracy theorists!

If you have the temerity to accuse Wall Street of criminal fraud, you are in the same league as flying saucerists, Kennedy assassination buffs, WTC conspiracy lunatics, Illuminut-jobs, Fukushimi Rolls and Silver hoarders (not that there is anything wrong with any of that).  

The latest was by a guy named Roger Lowenstein, who ironically is the son of a retired Wall Street lawyer who became a very well known academic critic of the ways of The Street. He has the gall to characterize the growing popular cacophony for Wall Street indictments as a "conspiracy theory." 

My purpose here is not to argue about the primary reasons for so called "popular conspiracy theories," such as lack of transparency and truth for example.  So all you Trolls kindly remain seated.

We can make this Wall Street crime spree concept very very complicated or we can keep it simple.

I published that complicated mortgage note chart last fall and it is still getting page hits on ZH. Last count it was over 40,000 views. Since then, nothing has gotten any simpler in this moronic mortgage morass.

But agan, lets just try and keep it simple for these emergent Wall Street shill douche bags shall we?

Linda Green has become the new farmers daughter joke. She is turning up every five minutes. Today we see her signature in the chain of title for poor Sarah Palin's new Arizona bunny mansion. Yesterday she even turned up in London...

Where have we heard this "I don't know nuttin" defensive strategy before? You know as well as I do.

 It is the oldest strategy in the book!

Now bear in mind that these people are or were "alleged" to be organized crime members and associates entitled to be treated as innocent until proven guilty. But they are tough and they don't communicate by emails.

What happened? The government got tired of the "I don't know nutten" ploy and applied their resources creatively. They were also aided by something called the RICO Law. Most of you know what it is. It is a modern form of "conspiracy theory." It so happens it was used by Captain Rudy Giuliani to hammer Mike Milken and pressure the evil Drexel Barnum (& Bailey) into cooperating with the government way back when.

So why is it so complicated and difficult to see that a massive fraud has occurred and that these same strategies should be brought to bear on many of these people and their known associates?

Plain and simple.

They are dragging their feet. They don't want to.

I'm sorry, but no amount of chicken shit from Mr MSM Lowenstein and company or foot dragging by Inaction Jackson is going to change the plain old truth.

What is the plain old truth?

If you or I tried to pass forged checks at Walmarts and 7/11s all across the land, where would we wind up?

Would we wind up negotiating with 50 State Attorney Generals and a Federal Mortgage Irregularity Task Force? What are you, some kind of conspiracy theorist?

Sure as Holder for Shinola not!

This is America folks. In this country, if you are a banker, you can only go to jail if you are an IMF employee.

WB7