Wells Fargo is the latest but it won't be the last. On an institutional basis they created fake accounts for big bonuses. http://money.cnn.com/2016/09/21/inv...-workers-retaliation-fake-accounts/index.html The person behind this got a golden parachute of $125 million. http://fortune.com/2016/09/12/wells-fargo-cfpb-carrie-tolstedt/ There needs to be a revolution in this country. These businesses and the government are too closely intertwined. The CIA is the new SS. The media is run by the government. Everything must burn to the ground.
I agree that our crony-capitalist system needs massive reform, but the "burn it to the ground" people are delusional if they don't think the "deep state" will assert their soft authority in a hard way; if it comes to guns in the street and bloody revolution, you're probably going to get something you didn't ask for. If I'm being extra cynical, I'm guessing we'll be in a full-blown police state (versus half-blown like it is now) in the next 10 to 20 years. Historians will look back on the years between 2001 and 2020 and write shit loads of books about our grandiose disintegration. Sláinte.
It wouldn't have burned anything to the ground. Different players would arise from the ashes. Smaller entities would have bought up all the non toxic assets. Those ended up staying with the banks that deserved to fail, along with bailout money and orders to merge . Like BofA buying Merrill Lynch and Countrywide. That made the too big to fail bank even tooer bigger to failer. In spite of bad judgement, they got a huge reward. The fed bought up the non toxic assets instead of letting them wither away as they should. There's a difference between burn it to the ground, and slash the fat and whatever else until there's a comfortable level of success and room to withstand disaster. The win to be had was to buy down peoples' mortgages. A $400K house worth $200K paid down to $200K. That money ends up with the banks, check. But it also saved a family home. They spent $1.6T of taxpayer money to the banks, and unions and government motors (unions). That would buy down a lot of mortgages, while infusing the same amount of capital into the banks. So yeah, let it burn. Save us all the $1.6T and the QE money. Save the interest rates so retirees don't have to make it on 0.7% interest. Save the social programs so they won't be squeezed out by need to pay interest on massive debt. Save our kids from 70% tax rates to pay for less government than we have now. Unfortunately, they will print money, if need be, to increase the spying capabilities.
Talk out of your ass much? Warren did NOT vote for the bank bailout as she was NOT a Senator at the time. She also CREATED the agency that banking lobbyists fought like hell to prevent (Consumer Financial Protection Agency) coming to fruition... Akaka (D-HI), Yea Alexander (R-TN), Yea Allard (R-CO), Nay Barrasso (R-WY), Nay Baucus (D-MT), Yea Bayh (D-IN), Yea Bennett (R-UT), Yea Biden (D-DE), Yea Bingaman (D-NM), Yea Bond (R-MO), Yea Boxer (D-CA), Yea Brown (D-OH), Yea Brownback (R-KS), Nay Bunning (R-KY), Nay Burr (R-NC), Yea Byrd (D-WV), Yea Cantwell (D-WA), Nay Cardin (D-MD), Yea Carper (D-DE), Yea Casey (D-PA), Yea Chambliss (R-GA), Yea Clinton (D-NY), Yea Coburn (R-OK), Yea Cochran (R-MS), Nay Coleman (R-MN), Yea Collins (R-ME), Yea Conrad (D-ND), Yea Corker (R-TN), Yea Cornyn (R-TX), Yea Craig (R-ID), Yea Crapo (R-ID), Nay DeMint (R-SC), Nay Dodd (D-CT), Yea Dole (R-NC), Nay Domenici (R-NM), Yea Dorgan (D-ND), Nay Durbin (D-IL), Yea Ensign (R-NV), Yea Enzi (R-WY), Nay Feingold (D-WI), Nay Feinstein (D-CA), Yea Graham (R-SC), Yea Grassley (R-IA), Yea Gregg (R-NH), Yea Hagel (R-NE), Yea Harkin (D-IA), Yea Hatch (R-UT), Yea Hutchison (R-TX), Yea Inhofe (R-OK), Nay Inouye (D-HI), Yea Isakson (R-GA), Yea Johnson (D-SD), Nay Kennedy (D-MA), Not Voting Kerry (D-MA), Yea Klobuchar (D-MN), Yea Kohl (D-WI), Yea Kyl (R-AZ), Yea Landrieu (D-LA), Nay Lautenberg (D-NJ), Yea Leahy (D-VT), Yea Levin (D-MI), Yea Lieberman (ID-CT), Yea Lincoln (D-AR), Yea Lugar (R-IN), Yea Martinez (R-FL), Yea McCain (R-AZ), Yea McCaskill (D-MO), Yea McConnell (R-KY), Yea Menendez (D-NJ), Yea Mikulski (D-MD), Yea Murkowski (R-AK), Yea Murray (D-WA), Yea Nelson (D-FL), Nay Nelson (D-NE), Yea Obama (D-IL), Yea Pryor (D-AR), Yea Reed (D-RI), Yea Reid (D-NV), Yea Roberts (R-KS), Nay Rockefeller (D-WV), Yea Salazar (D-CO), Yea Sanders (I-VT), Nay Schumer (D-NY), Yea Sessions (R-AL), Nay Shelby (R-AL), Nay Smith (R-OR), Yea Snowe (R-ME), Yea Specter (R-PA), Yea Stabenow (D-MI), Nay Stevens (R-AK), Yea Sununu (R-NH), Yea Tester (D-MT), Nay Thune (R-SD), Yea Vitter (R-LA), Nay Voinovich (R-OH), Yea Warner (R-VA), Yea Webb (D-VA), Yea Whitehouse (D-RI), Yea Wicker (R-MS), Nay Wyden (D-OR), Nay
She was in control of TARP and was responsible for oversight of the money and the banks. Obviously she did a shitty fucking job as Wells Fargo and the other banks fucked everyone over and paid their execs big bonuses
President Putin has banned Rothschild and his banking cartel family from entering Russian territory “under any circumstances” Russian president Vladimir Putin recently reminded his cabinet of officials that his administration paid off the countries debt to the Rothschild’s monopoly overseen by the international bankers. Putin reportedly “grabbed them by the scruff of the neck and kicked them out Russia’s back door,” proverbially speaking that is. This meeting is said to have been an intense one. With Putin pounding his fist on the table and vowing to destroy the “New World Order.” http://whatsupic.com/news-politics-world/1474540071.html
Putin is right. Its funny how he is being used by the mainstream US press and government talking heads as a boogie man.
I'm not particularly a fan of Putin. But he is the leader of Russia, we do have to deal with him. He punks Obama on the world stage, which isn't pretty for us.
