“As far as the blatant corruption of politicians bailing out their friends and supporters - that’s water under the bridge. The past can’t be corrected; we can only move forward.”
You know, I think it is a real bad idea when we “move along” before dealing with the criminals and traitors in power. When they get away with crimes and treason, their peers commit worse crimes and treason down the road. I think watching their pals frog marched off to prison and/or the subject of extreme public exposure, ridicule and rejection is ultimately good for the political process. Dark secrets or cover ups are poison to a Nation’s government as it leaves the corrupt open to blackmail for more and deeper corruption.
It is not pleasant to be of a prosecutor’s mentality. But I think it is necessary - especially now that things have gotten so bad. If we stand for honor...let’s try acting like it for a change. “Move on” is a Soros organization and ideal of elitist double standards to protect corruption.
Besides being to big to fail these banks were too big to not profit and too big not to accumulate that profit into new equity to stabilize them. This was no surprise and it is no surprise that they are holding more reserves and not lending much..they need to hold a lot of profitable govt bonds to regain their capital position. Plus..they need about 60% of the market in lending and credit cards to make enough money to be profitable. A new monster of a banking system has been created. Fannie and Freddie need to buy and guarantee their mortgages.