I just wonder how far the govt. is willing to go in pursuing this, and if there will ever be prosecutions of the CEO’s.
Good simple clear comments, Dean. However, it is way past time for a “good start” against these criminal banksters. Even if this civil case against JPM is won, the maximum monetary penalty is nothing to JPM.
The reason many of us do not feel as positive as you do, Dean, is that the fraud and racketeering in the commercial banking system has already been allowed to reach the point of certain total collapse of our economy and the banksters will never go to prison and they most likely already have their escape hatches, getaways planned perfectly. Also, even if Glass Steagel were immediately reinstated, our central Federal Reserve System and fractional reserve system is fundamentally flawed and the continued vaccuming of the people’s wealth and property would continue unabated. There are probably a few sheckels left that the banksters intend to wring out of us.
We the people not only are being kicked out of our homes, we will be made to accept and bear austerity measures just as Greece and Spain, that is, we the little people will have to pay for the bankster criminals gambling losses. Senator Warren does not impress me. There have been other tough talking, tough sounding federal lawmakers over the last few decades and none of them have ever accomplished anything. The people who gave us the Federal Reserve system and the people and forces who removed Galss Steagel are the same people who own each federal lawmaker.
Correction: Meant to say Bank of America (BOA), not JPM. Really same entity though in my opinion.
Reblogged this on Spartan of Truth.
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LEFT HOOK by Dean Henderson
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