US charges ex-Fannie, Freddie CEOs with fraud

Discussion in 'Politics' started by Two Thumbs, Dec 17, 2011.

?

Anyone else hoping this leads to a Merry Christmas with Franks in chains?

  1. Yes

    11 vote(s)
    57.9%
  2. No

    2 vote(s)
    10.5%
  3. Krist, you're such a hack.

    4 vote(s)
    21.1%
  4. Every time his cell door closes, an angel gets its wings.

    2 vote(s)
    10.5%
  1. Two Thumbs
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    Two Thumbs Platinum Member

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  2. JoeB131
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    JoeB131 Diamond Member

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    No, not really.

    I do think this is just the first salvo in how Obama plans to run in 2012. "I'm the only one fighting to save your homes and jobs from these people on Wall Street."

    Expect a lot more indictments.
     
  3. Old Rocks
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    Old Rocks Diamond Member

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    A stupid kid can rob a 7-11, and get 10 to 20. These millionaires robbed millions of Americans of their jobs and homes. And got 10 to 100 million in bonuses. Good ol' American Justice.
     
  4. WillowTree
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    WillowTree Diamond Member

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    Dodd and Frank.
     
  5. JoeB131
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    Yes, that is wrong.

    Although the kid usually used violence to rob the 7-11, the millionaires did it "legally".

    Frankly, I'm all for prosecuting them, but let's not pretend we weren't all part of the larger problem.

    We all went along with the whole Real Estate Market, because we all thought we were going to retire on the equity on our homes. Everyone said that the home prices were going through the roof, but we all ignored it, we watched those stupid "Flip this House" shows on TLC and thought we could do it, too. We all charged up on our credit cards and then took out equity loans on our homes.

    I think the thing is, all the generations that followed that "Greatest Generation" just had it too easy. That generation that grew up during the Depression and went on to win World War II knew what it was like to save, to be thrifty, to work hard and to demand a fair wage work.

    Today we expect to be handed an easy job for a lot of money while we export the hard work to China or get a Day Laborer to do it. And we wonder why we have problems.
     
  6. Cuyo
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    Cuyo Training a Guineapig army

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    Sorry, this is a civil suit and Barney isn't even mentioned, except in the comments.

    Interesting that two such outliers have become the focus of attention. Where's the outrage over Citi, Countrywide, Goldman, BofA, Lehmen?

    If we're going to put someone up on the cross, shouldn't it be the engineers of the crisis, and not just followers who happen to make easy targets?
     
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  7. edthecynic
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    edthecynic Censored for Cynicism

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    Don't you mean BUSH in chains?

    These crooks are Bush appointees and Mudd was part of Bush's 2004 reelection campaign, which centered around no down payment loans to minorities.
     
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  8. Truthmatters
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    Truthmatters BANNED

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    The banksters will get away scott free it seems
     
  9. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Maybe..maybe not.

    The fact that the government hasn't pursued any sorts of investigations into the private side of the calamity really stinks.
     
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  10. JWBooth
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    JWBooth Gold Member

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    Sorry, I am not so much a hack that I can equate Christmas with visions of somebody "getting theirs".

    Is it likely that some or all of them have committed crimes that should they be convicted will result in jail/prison time? I dunno.
    Do I want this to happen? If found guilty, yes.
    Do I want this as some sort of perverse Christmas present? No, such a wish is petty and foolish.
     
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