Why Isn't Wall Street in Jail?

so did these same shadow government people also take over britain? cause seems i recall it being run by the queen and now she appears to pretty much just a rich old lady who cuts ribbons, breaks champagne bottles, knights the occassional musician and waves at cameras.

The queen is just a figure head.
Obama is pretty much the same.

Originally posted by undo
so did these same shadow government people also take over britain? cause seems i recall it being run by the queen and now she appears to pretty much just a rich old lady who cuts ribbons, breaks champagne bottles, knights the occassional musician and waves at cameras.

reply to post by DimensionalDetective


Wall Street is not in jail because of rampant apathy by the American public. However, I can say this...America's apathy is what has kept our country from falling into violent revolution like so many other countries. Interestingly enough, the government is becoming worried about the depth of our apathy because they cannot seem to trigger our anger. (Between wall street ripping us off, to cops tazing the elderly, all the way to us being removed from our homes because of the Mortgage crisis, the government had expected us to rise against them long ago.) Just recently they addressed the problem of "Too much Fluoride in our water." Now, if you have studied the affects of fluoride, you would know that it makes people lethargic and apathetic. Its obvious that our government is getting impatient, so much so, that they want to decrease the amount of fluoride in our water so that we'll finally realize that we're getting screwed. Hilarious. They've actually realized that they doped us up too much for us to react to anything. They claim its because its ruining our teeth, but...that's not the actual reason. Its because it makes you slow and unwilling to notice or question your surroundings.

www.msnbc.msn.com...

Originally posted by krakencampbell
O.K., You want to know why they are not in jail, or prison for that matter? The simple reason is the American people. That is why all these shisters are not locked up. I mean please, just once admit it. You are the ones, Americans, that keep going along with the burden of their weight. You keep letting them get away with what every they decide. Why don't you stop complaining and grow a pair? Stand up for what you think is wrong. Face the facts, you put these people in the very position they hold. Now if things are so bad for you, drop the axe on them. You have seen with your own eyes what Egypt has done (for better or worse). Now it's your turn. Grow a set of nads and stop your whinning. Do something about it.

You make it sound simple so that any child can pull it off. The reason people don't do anything is simply because there are too many things going on at once as well as many elaborate schemes. Which means if you didn't go to school to become an economist than you simply can't know the truth.

Doctors can tell you many things about your body which there is no way of knowing unless you do the research or went to medical school. They can point to your elbow and say you have cancer and 90% of the people will agree and pay top dollar for fake treatment.

When bubble burst you expect people to change not add another layer of lies and deception. People make their money, retire, and leave the bubble for the next generation. This is what has happened except that the economy can't sustain another bubble because of how many layers it already has. This time the government bailed out big companies. Next time the government HAS to bail everyone out or else the fake economy will collapse.

So how do you stop a ponzi scheme when the people who are supposed to protect us are telling us everything is okay? New media won't touch the subject, well they will but they won't mention names for the people to chase with pitchforks and torches.

If the government bails out the economy again you can kiss capitalism and free markets goodbye and say hi to socialism and nanny states.

The onus isn't on the American public to find the sneaky schemes but on the government agencies that they fund.

double post

reply to post by fishy6


i think that's what i just said. was wondering what happened and if the argument is, that the UK was also taken over by the shadow government?

somewhere around the net, there's a video of a guy who studies ancient history, religions, political systems and symbols, and he is completely convinced that the leaders of ALL the nations on the planet, make these types of decisions. that the illusion they are enemies of each other, is just that, an illusion. and that they go to war against each other, not to force their will on one another, but to help each other remove, disenfranchise or otherwise render impotent, specific peoples in their socieities who they view as trouble areas, particularly for near future plans. and to generate revenue, damage economies and perform social engineering on a massive scale.

that this thread thinks the shadow government is inevitably in control of the leaders, this would mean the shadow government is global, in every nation, and in control of every nation, including places like egypt, iran, israel, china, etc. and it would also mean they are behind the revolutions, which would mean EVERYTHING is manipulation. even the revolutions meant to solve problems that in end, tend to make things worse. as lately revolutions in muslim countries have not resulted in representative republics or democracies, but theocracies.

i'll see if i can find that guy's videos and post them in the thread.

It's simple really. These Wall St. banksters are running the show. These are the people that are really in power. The elected officials in Washington serve them. There will never be anyone held accountable for looting the US treasury as long as the status quo remains.

reply to post by DimensionalDetective


BECAUSE WALL STREET OWNS THE JAILS AND THE SOCIETY?!
WHAT A QUESTION...
COME ON...

reply to post by dolphinfan


Not all of these home loans were made to irresponsible people as the media likes to claim.
Everyone seems to forget the REFI craze that immediately preceeded the entire housing crash.

People were borrowing against their home's projected future worth expecting the housing boom to continue.

Also, Many people got caught up in the Flipping of homes craze and many of the short term loans were used as a bridge intended to be used until the properties were later resold a few months later for a profit.

The Banksters new that if they bet that the housing market would fail and better yet could orchestrate it's failure by issuing fraudulent balloon loans that no one could afford to pay, to practically anyone who would walk in the door !

They could walk away with a boatload of money....which is exactly what they did !!


New York's Governor Elliot Spitzer career was assassinated when he tried to stop the unfair lending practices in his state by the Feds who actually overrode his own jurisdiction in his own state.

He was character assassinated as well as his career by being "caught in a Call GIrl Scandal"....while holding public office.

On the other hand , the Madam who Dick Cheney apparently frequented ... ended up ....dead of apparent suicide. .


But WHy were these loan companies like Ameriquest, major contributors to the Bush Campaign btw, accepting anyone who would sign their name ?

Because That was the entire plan.

And that was to get as many people lined up with loans that they couldn't repay and bet that that would occur, "insuring" the fall in the market via their Derivatives via AIG the Insurance Company that we had to bail out because they couldn't pay GOLDMAN SACH's their payoff !in Derivatives windfall profits.

That's why Goldman Sach's should be punished....which they were but it was merely a slap on the wrist.
Anyone see the average salaries at Goldman ??? They're around $900K.

Essentially comprised of all of the Bailout money ....but that's why we call them Banksters !!

reply to post by DimensionalDetective



To answer your question:

Wall Street isn't in jail, nor will they ever be is because: the American Public (as the majority)
are ignorant.

You cannot hold a corporation liable for damages when you don't have the RIGHT to (hint hint)

I'm afraid the only way these frauds will ever be held accountable is if the people mass together and take matters into their own hands.

Originally posted by Equinox99

If the government bails out the economy again you can kiss capitalism and free markets goodbye and say hi to socialism and nanny states.

Well, we havent really had a free market since the late 1800's? Somewhere in there, for sure. As soon as we allowed gambling to occur on the stock markets, people set in to rig the game.

And socialism and a nanny state is only one direction a nation can move in from a free market. We are actually headed the other way. Into facism.

Originally posted by dolphinfan
reply to post by DimensionalDetective

 

Why isn't the gent who makes $40K/year who signed a legal contract to get into a no money down loan for $300K which he could never afford be in jail? Because he's a "little guy"?.

Because he is NOT a criminal, unless he intentionally lied on the documents. (most of the time it was the loan brokers who altered the documents)

Not being able to adhere to terms of a civil contract (a mortgage) is not a criminal issue. In fact, it's not even that bad---the terms of the contract are in essence "pay us X, or we get the property". That's it. When massive developers and corporations default on bonds, their shareholders don't go to prison. In fact, the choice of default or not (strategic bankruptcy/default) is made entirely economically with no moral implications--if you're big and powerful and part of the system.

Only when it comes to Joe Six Pack does the right wing noise machine start going on and on about people's moral obligations. If you borrowed money unsecured from your father, then yes you do have a moral obligation to repay. If you borrowed money, secured by property, from a banker, then you have a financial obligation to pay or face consquences (foreclosure, loss of property and bad credit rating). And that's what's happening. But it is not a moral obligation or criminal issue unless you committed fraud.

On the other hand, the big (and little) bankers SHOULD be in jail because they lied and deceived many about their financial conditions and overrode all sorts of internal risk controls because it would get in the way of their enormous paychecks.

reply to post by DimensionalDetective


Why Isn't Wall Street in Jail?

$$$$$ talks its way out of anything
Bull$%^& walks you clean into prison

Simply THEY RUNIN THINGS. This is the way of EA. Long as you got money YOU DO WHAT YOU WANT.

Why is Wall Street not in jail?

Please see; "The Golden Rule."

>> If you ever plan to steal, steal enough that you can spread some of the love, and that discovery would cause worse problems -- so, steal big.

I once was involved in a startup company, that was going to be funded from a group that got some very large church to back some bonds that a country had defaulted on. Now, the holder's of the bonds had something that went from 0 value to about 80% value -- the bank that issued the bonds, now got a "secondary letter of credit."

Turns out it was a scam, and the church was not actually backing the bonds -- but, if the Bank President, who was in hot water to begin with, says nothing, then years later, the credit line may never be called, or he can be at another bank.

So when the money is huge, keeping the illusion going, is in the benefit of all the players. The Banksters got to make lots of money, and when the house of cards fell down (as it always does), the mess was too big and in jeopardy was the entire financial system (meaning, you wouldn't be able to buy groceries for a while).

This isn't the first time; the S&L bailout also had lots of money go missing but no crime.

reply to post by ProtoplasmicTraveler


IMHO, the blame rest squarely on the repeal of Glass Steigle. By effectively allowing big banks to get into the business of mortgages, they were able to set the scheme in motion. Bundling mortgages into securities and fancy instruments and then passing them off on foreign investors.

Why would they do this? To prolong the inevitable. We have been living in a boom/bust cycle ever since the flood gate opened with trickle down ideas. America transformed from the largest lender nation to the largest debtor nation.

By the boom/bust cycle, they were able to keep the money circulating and expanding. Had not the real estate boom occurred, the dot-com bust could have done us in. The dot-com boom itself was fueled no "no equity", just hopes and dreams, or, the right corporate connections to get an IPO started on nothing but thin air.

It is well known in the mortgage business that the public will do whatever they can to get a mortgage. The public was lured in by the idea of a never ending boom. That they could buy now; and, sell quickly thereafter for a nice profit. All of the pundits on the TV were like, BUY,BUY,BUY--and if you don't you are a fool. All in all an illusion of false prosperity.

These people knew exactly what they were doing, what would happen, and why. They sold us out, and like rats jumping from a sinking ship--They are getting away with it. To add insult to injury, they took bailout money to insure that they could keep what they pilfered and move the boom to the higher echelons. They must be laughing all the way to the bank.

Here's a thing on post titles.....

Wall street consists of pavement, building and the people that live and work in it. You want to put all that in jail?

I know what your saying but some of these post titles make me laugh sometimes.

reply to post by daggyz


I think we should put some wall street firms in jail. Literally. Why? Because the Supreme court says they are people. Lets stop fining them then. Equal treatment under the law, and all. Isnt that how they are bypassing the rules against donating to political campaigns? Their rights as people to free speech? So yeah, lets lock these firms up like criminals, for however long. Freeze every freaking thing, all assets, just jail it all. Bricks and mortar.

There is a down side arguing your way to personhood. We should make them feel it.

reply to post by Illusionsaregrander

I think we should put some wall street firms in jail. Literally. Why? Because the Supreme court says they are people.

If that is the case; then why don't we try them for owning other corporations, under the slavery laws? If Corporations are considered people, then, how to they get away with owning other corporations/people?

You cant jail the people who own the bonds that jails are financed on. White collar crime is at an all time high and it's in political and banking sector.