Now that comedians like Glenn Beck, Jon Stewart and Stephen Colbert have demonstrated the ability to rally thousands of Americans, don’t you think it’s time to have a serious rally to restore the rule of law and the Constitution?
Trouble is, and I don't say this lightly, everyone loves a clown, not so many the truth.
I think you have to be a shareholder to have standing to sue them. The people ripped off with the subprime loans all signed contracts that [1] commit to binding arbitration, conducted by bankers; and [2] made it clear enough in the fine print to leave no patent cause of action. They only have the sales of their mortgages being done so sloppily to prevail in court once a foreclosure is attempted. The banks can't show the notes. Most people won't do that because they feel culpable for not paying, no matter how outrageous the interest turned on them.
However, the shareholders are now pretty pissed about this and a couple of banks are facing suits from them.
But, truly, the duty to prosecute these guys lies squarely with Eric Holder and he ain't lifting a finger. You can't sue the United States without its permission and we're not getting it to make them prosecute. Perhaps, a a qui tam suit can nail the fuckers, but those are very iffy. You have to give the government the chance to pick up the prosecution, and if they do and then drop it on some pretext, after years, you're back to square one.
As for all the people who bought the bundled mortgages full of known stinkers, most of them knew it and sold them for big profits. It was a long game of musical chairs with trillions in profits for the sellers of the bundles. Other countries bought them, too, and they, some important ones of them, got paid off instanter... you may recall Bernanke refusing to say WHO got the money... that would be why. The $700+ billion turned into something like 15 trillion and nobody, but a few of us, noticed.
Everyone in America should be protesting in the streets for that huge tax and the QE2 20% pay cut and hidden tax and, of course, the illegal wars, but the Tea Partiers, no matter who is funding them, are the only ones doing that, the only ones who stood up to make the government afraid to do and not do what they do and don't do.
Progressive and Tea Party gripes are in fact nearly identical, no matter what they make it sound like, but, well, you KNOW what we've done with THAT.
Those who make peaceful revolution impossible will make violent revolution inevitable. —John F. Kennedy
The trouble with our liberal friends is not that they are ignorant, it's just that they know so much that isn't so. —Ronald Reagan
Some of us who have already begun to break the silence of the night have found that the calling to speak is often a vocation of agony, but we must speak. We must speak with all the humility that is appropriate to our limited vision, but we must speak. —Martin Luther King
We're all fucked. I'm fucked. You're fucked. The whole department is fucked. It's the biggest cock-up ever. We're all completely fucked. —not uttered by anyone in charge lately
Anyone calling Obama a leftist, liberal, or progressive needs to have the stupid beat out of them. —Old Uncle Dave
As for the Taliban ... their stated grievance is the same as Gen. Washington’s in our war with the British: If you want this war to end, get out of our country. —Pat Buchanan
Obama-era drone warfare ... in general looks like Bush-era drone warfare on steroids. —Scott Horton
There has to be altruism in the universe. —Frank Drake
The morons in Washington are pushing the envelope of nuclear war. The insane drive for American hegemony threatens life on earth. The American people, by accepting the lies and deceptions of “their” government, are facilitating this outcome. —Paul Craig Roberts
I am a child of the South. Janet Napolitano tells me I need to be afraid of people who are labeled white supremacists but I was raised around white supremacists. I am not afraid of white supremacists. I am concerned about my own government. The Patriot Act did not come from the white supremacists, it came from the White House and Congress. Citizens United did not come from white supremacists, it came from the Supreme Court. —Cynthia McKinney
No one has to "marry" anyone else politically; no one has to embrace every tenet or belief that an anti-imperialist ally might hold. You simply have to say: "All of us, regardless of our other views, believe this truth to be self-evident: dismantling the empire will bring immediate and enormous benefits to our nation and to the world." —Chris Floyd
The power of the people on top depends on the obedience of the people below. —Howard Zinn
...the government only starts listening to its voters once the more corrupt option turns out to be untenable. —Matt Taibbi
· One out of seven American homeowners will probably lose their homes by the end of 2010.
· Only 4.7 percent of distressed homeowners who enrolled in the modification plan have gotten any help.
· Out of Obama's $75 billion program, only $2.3 million has been spent—or 0.03 percent.
Obama's performance on the foreclosure crisis—along with unemployment, the biggest problem America faces—makes Bush's laissez faire approach to Hurricane Katrina look caring and loving in comparison. If ever there were a cause for impeachment, look no further. —Ted Rall
As self-appointed champions of civilisation against barbarism, they fail to see that a certain barbarism is the flipside of civilisation itself, inseparable from its smooth operation. For every cathedral, a pit of bones; for every artistic masterpiece, human wretchedness and back-breaking toil. —Terry Eagleton
Here at home and throughout the world people are fighting back against the forces of wealth, privilege, and militarism — some because they have no choice, others because they would choose no other course but the one that leads to peace and justice. —Michael Parenti
I've found that culture, however useful and important, is neither the foundation nor the ceiling of human experience, even if it is commonly used for walls. —Thomas Cleary
I really consider President and Mrs. Mubarak to be friends of my family. So I hope to see him often here in Egypt and in the United States. —Hillary Clinton
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Kool-Aid Pie
* 1 14-ounce can sweetened condensed milk * 1 envelope Kool-Aid (any flavor) * 1 small tub Cool Whip, thawed
Mix ingredients until thoroughly combined. Pour into ready-made graham cracker pie crust and refrigerate at least one hour before serving.
Now that comedians like Glenn Beck, Jon Stewart and Stephen Colbert have demonstrated the ability to rally thousands of Americans, don’t you think it’s time to have a serious rally to restore the rule of law and the Constitution?
ReplyDeleteTrouble is, and I don't say this lightly, everyone loves a clown, not so many the truth.
For the life of me, I cannot understand how not one single tax payer has pressed charges against even one CEO of any bank for fraud.
What, with Alan Greenspan as the star witness, it's a no brainer!!!
I think you have to be a shareholder to have standing to sue them. The people ripped off with the subprime loans all signed contracts that [1] commit to binding arbitration, conducted by bankers; and [2] made it clear enough in the fine print to leave no patent cause of action. They only have the sales of their mortgages being done so sloppily to prevail in court once a foreclosure is attempted. The banks can't show the notes. Most people won't do that because they feel culpable for not paying, no matter how outrageous the interest turned on them.
ReplyDeleteHowever, the shareholders are now pretty pissed about this and a couple of banks are facing suits from them.
But, truly, the duty to prosecute these guys lies squarely with Eric Holder and he ain't lifting a finger. You can't sue the United States without its permission and we're not getting it to make them prosecute. Perhaps, a a qui tam suit can nail the fuckers, but those are very iffy. You have to give the government the chance to pick up the prosecution, and if they do and then drop it on some pretext, after years, you're back to square one.
AND, we'd never hear about it.
As for all the people who bought the bundled mortgages full of known stinkers, most of them knew it and sold them for big profits. It was a long game of musical chairs with trillions in profits for the sellers of the bundles. Other countries bought them, too, and they, some important ones of them, got paid off instanter... you may recall Bernanke refusing to say WHO got the money... that would be why. The $700+ billion turned into something like 15 trillion and nobody, but a few of us, noticed.
ReplyDeleteEveryone in America should be protesting in the streets for that huge tax and the QE2 20% pay cut and hidden tax and, of course, the illegal wars, but the Tea Partiers, no matter who is funding them, are the only ones doing that, the only ones who stood up to make the government afraid to do and not do what they do and don't do.
Progressive and Tea Party gripes are in fact nearly identical, no matter what they make it sound like, but, well, you KNOW what we've done with THAT.
But no. Taking to the streets is too much work.
And, of course, there's this.
ReplyDeleteI see your point, a large investment it pitchforks seems to be in order. Old rusty ones.
ReplyDeleteCanvass the local farms, fill a truck and start handing them out.
The pitchfork revolution, catchy?
What better way to round up so much PORK!!!
Zactly!
ReplyDelete