Blog on the Run: Reloaded

Friday, February 11, 2011 8:10 pm

Priorities

Filed under: I want my money back. — Lex @ 8:10 pm
Tags:

We’re doin’ it wrong.

Residential lenders, real estate agents, appraisers, mortgage brokers, investment bankers and bond ratings agency committed massive amounts of criminal fraud, destroyed trillions in wealth, rendered millions of Americans jobless (many of them likely for the rest of their lives), fleeced the taxpayers to keep their own companies alive and their individual bonuses intact, and the government is doing absolutely nothing about it.

Keep that fact in mind the next time someone accuses this administration, or any other, of being “anti-business.”

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1 Comment

  1. The fleecing of American investors followed by the fleecing of the American taxpayers while the perpetrators continue to live large on their riches is obscene, but sadly this sort of event has a recurring theme. At least with the S&L crisis a few of the worst did a little jail time, but this time around the consequences were nil. Steal $50 bucks to support your habit and you end up in the slammer for many a year. Steal $50 million in retirement savings from thousands of unsophisticated investors and you end up in the Hamptons lying low in luxury until the next scam comes along. It’s just not right.

    Comment by john wrenn — Saturday, February 12, 2011 6:57 pm @ 6:57 pm


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