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I happened to click (TV remote) into the latter part of an interview with her on Amy Goodman's program, "Democracy Now". One of the local PBS stations has star
by pasbesoin 12y ago
I happened to click (TV remote) into the latter part of an interview with her on Amy Goodman's program, "Democracy Now".
One of the local PBS stations has started carrying that program, recently. After a few recent, similar surprises with it -- each one keeping me glued to it despite the late hour, until the end -- I've made a mental note to start catching it regularly.
As I've said before with respect to this fiasco and the Administration as well and Congress' response, as a mantra:
No jail? You fail.
I recall an interview with one of the lead investigator's/prosecutors during the 1980's Savings and Loan (aka S&L) scandal. Someone really in a position to know. He expressed similar disappointment, and more so he described in detail how things could have been done differently.
I also recall comments around or shortly after the peak of the recent crisis, from Sheila Bair as well as Elizabeth Warren. Particularly from Bair -- as I recall it, roughly: Too big to fail be damned. She/they were ready to take those banks into receivership, if the political leadership would only give the go ahead. And no common account holder/investor need lose their shirt as a result of that process.
Market panic might have been another matter. But I think, now, that that would have been a lesser cost than the one we will now end up, as a society -- or rather, multiple societies -- paying.
As far as I'm concerned, no statute of limitation should apply to the crimes surrounding these events. Particularly to the perversion of justice that has initially gotten these blackguards off the hook.
Law is a social convention, and they have so flouted social convention, that I for my part no longer deign to extend it to them. Like barbarians they acted? Well, let them so be treated.