Activecitizen54's Blog

Sunday Summary

Posted in Uncategorized by activecitizen54 on May 23, 2010

Sunday Summary:

Universal Fraud by CDO’s packaged mortgages is the key to this fraud.

We know this condition came about because of the lack of underwriting standards for the home mortgage market in collusion with the lenders because this is the only way to generate this kind of substantial fraud.

Psychopaths running the financial institutions is a great description.

The choices were letting these Banks fail or being blackmailed.  The opportunity for reform was pissed away by Bush after his inaction and malfeasance created the fraud by lack of regulation and that puts the FED at the head of the scam.  President Barack H Obama has continued this.  The Goldman Sachs White House with one of the prime architects of the de-regulation in Larry Summers sitting there like the Russian Oligarch he helped establish turns a blind eye to this fraud.  Geithner’s lies and ineffective actions and Bernanke’s open fraud and contempt of America is obvious and there are no criminal charges because the White House is into this up to their ears.

Crony Capitalism is here and it’s a lie and a fraud against the American Citizens.

This is no accident that there aren’t any criminal charges with less than 1/6th of the regulators looking at this than looked at the Savings & Loan debacle.

This Administration and this Congress are not interested in repair of the real systemic problems and all that’s done to date is to delay what will be a truly catastrophic failure.  These vile and repugnant greedy Banksters and Wall Street Frauds play games in cooking the books and keeping the losses off the books to drive the massive bonuses.  It is this executive compensation that drives the accounting control fraud that exists today with Bernanke and Geithner in the lead.

The Bush / Clinton wrecking crew is working hard to destroy this nation and President Barack Obama is leading this charge on the security of the Middle Class in deference for the criminals who have lined their pockets.

The deal to maintain the status quo is not going to fly.  The current proposal with the Chris Dodd Corporate Communist Collusion And Cooperation Act of 2010 will send us right back to the pits of disaster.  The President has failed to enforce a policy that represents the people by differing to the Ponzi scam of political pandering to campaign contributions and bribery.

Wall Street and the Banksters are parasitic on the people.  End the crony capitalism and make the changes required especially with the Supreme Court Citizens United decision to allow unlimited campaign contributions.  The House finance committee is the funding source for the freshmen seeking bribery in campaign contributions.  The appearance of Summers and Geithner heralded this disaster within the Obama Administration.  President Obama stand up and do the right thing.

Bush’s catastrophe is clearly defined here:

The party of Hicks and Holy Rollers is an accurate description delivering the “dumbed-down” party to the huddled, fearful ignorant masses.  The War Tax is the best idea ever to bring Americans to understand just how this corrupt, vile, purchased political system is costing Main Street every day.

This illegal and immoral waring in Afghanistan and Iraq now spilling over into Pakistan is clear in the statements of Anwar Al Awiaki, the Yemeni cleric who advocates killing Americans because we are supporting this war.

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