Why Does The GOP Work So Hard To Let Psychopaths In Suits Get Away With Murder

[skews13]

Ever since our nation’s founding, capitalism in America has been played in ways that protect stone cold killers. Psychopaths in suits. But it’s gotten particularly bad since Big Tobacco was outed in the 1990s.

There was a time when we used to prosecute these criminals.

In the 1980s, Reagan deregulated the Savings & Loan industry; predictably, within a few years, a handful of executives had made themselves multimillionaires while hundreds of thousands of families across America were wiped out.

The Justice Department stepped in and prosecuted 1100 banksters, 839 were convicted, and over a hundred went to prison.

When the so-called “Dot-com Bubble” burst around the turn of the century, dozens of bigshot executives from Enron, WorldCom, Qwest and Tyco, among others, were prosecuted, convicted, and imprisoned. We were still occasionally sending executives to prison as late as 2005.

Not anymore.

After Glass-Steagal was repealed in 1999, banksters spent the next decade lying to investors around the world about the value of their “Collateralized Debt Obligations” and other recently legalized “exotic” financial instruments that were packed full of “liar loans” and bad mortgages.

That led straight to the Bush Crash of 2008, when guys like Steve Mnuchin (who threw over 30,000 California families out of their homes) got fabulously richer. America bailed out the Wall Street banksters to the tune of over a trillions of dollars

Redirect Notice

In escapable questions

 

[sealybobo]

Ever since our nation’s founding, capitalism in America has been played in ways that protect stone cold killers. Psychopaths in suits. But it’s gotten particularly bad since Big Tobacco was outed in the 1990s.

There was a time when we used to prosecute these criminals.

In the 1980s, Reagan deregulated the Savings & Loan industry; predictably, within a few years, a handful of executives had made themselves multimillionaires while hundreds of thousands of families across America were wiped out.

The Justice Department stepped in and prosecuted 1100 banksters, 839 were convicted, and over a hundred went to prison.

When the so-called “Dot-com Bubble” burst around the turn of the century, dozens of bigshot executives from Enron, WorldCom, Qwest and Tyco, among others, were prosecuted, convicted, and imprisoned. We were still occasionally sending executives to prison as late as 2005.

Not anymore.

After Glass-Steagal was repealed in 1999, banksters spent the next decade lying to investors around the world about the value of their “Collateralized Debt Obligations” and other recently legalized “exotic” financial instruments that were packed full of “liar loans” and bad mortgages.

That led straight to the Bush Crash of 2008, when guys like Steve Mnuchin (who threw over 30,000 California families out of their homes) got fabulously richer. America bailed out the Wall Street banksters to the tune of over a trillion dollars.

Why does the GOP work so hard to let psychopaths in suits get away with murder?​

Alfred Ruf poisoned his wife as part of a scheme to get rich off her life insurance. So did Dr. Gregory “Brent” Dennis, who was looking at a $2 million payout. Joshua Hunsucker poisoned his wife for a mere $250K in life insurance money, $80,000 of which he used to buy a boat. David L. Pettis...

www.rawstory.com

Report

• View attachment 685689
• View attachment 685691

Reactions:jbrownson0831, Muhammed and Bob Blaylock

[IMG alt="pknopp"]https://www.usmessageboard.com/data/avatars/m/72/72370.jpg?1630117213[/IMG]

pknopp​

Diamond Member​

• Today at 5:55 AM
• Add bookmark
• #2

The GOP? Under Obama, Timmy Geithner said that yes, many laws had been broken but it would be risking harm to the economy to have prosecuted those who committed those crimes.

Thanks
Report

[IMG alt="fncceo"]https://www.usmessageboard.com/data/avatars/m/60/60420.jpg?1624675576[/IMG]

fncceo​

Diamond Member​

• Today at 6:01 AM
• Add bookmark
• #3

Last I heard, tobacco is a legal product in America. It has been for 457 years.

Thanks
Report

[IMG alt="Bob Blaylock"]https://www.usmessageboard.com/data/avatars/m/55/55534.jpg?1624675437[/IMG]

Bob Blaylock​

Diamond Member​

• Today at 6:05 AM
• Add bookmark
• #4

Thanks
Report

[IMG alt="pknopp"]https://www.usmessageboard.com/data/avatars/m/72/72370.jpg?1630117213[/IMG]

pknopp​

Diamond Member​

• Today at 6:06 AM
• Add bookmark
• #5

The basic idea is true, what is wrong is that it is a partisan issue.

Thanks
Report

• View attachment 685692

Reactions:Bob Blaylock

[IMG alt="Bob Blaylock"]https://www.usmessageboard.com/data/avatars/m/55/55534.jpg?1624675437[/IMG]

Bob Blaylock​

Diamond Member​

• Today at 6:08 AM
• Add bookmark
• #6

Thanks
Report

• View attachment 685693
• View attachment 685690

Reactions:jbrownson0831 and pknopp

[IMG alt="johngaltshrugged"]https://www.usmessageboard.com/data/avatars/m/75/75591.jpg?1602768946[/IMG]

johngaltshrugged​

Diamond Member​

• Today at 7:00 AM
• Add bookmark
• #7

The "Bush Crash" as you are attempting to name it came about because of the Dems loosening mortgage loan qualifications to allow subprime lending. Giving 100%, no down payment loans to people that had never paid back anything was a really bad idea & that was all on the Dems.
Sorry to crash your BS with facts.
And the idea of too big to fail was supported by both wings of the UNiparty.
Partisan attacks when both sides are to blame is gaslighting at it's worst

Thanks
Report

[IMG alt="pknopp"]https://www.usmessageboard.com/data/avatars/m/72/72370.jpg?1630117213[/IMG]

pknopp​

Diamond Member​

• Today at 7:03 AM
• Add bookmark
• #8

That was a very bipartisan issue. Why is this such a hard concept for people to grasp? Both parties are the same party overall. They work for the corporations. They divide themselves with a few social issues.



No it wasn't.



So stop it.

Thanks
Report

[IMG alt="johngaltshrugged"]https://www.usmessageboard.com/data/avatars/m/75/75591.jpg?1602768946[/IMG]

johngaltshrugged​

Diamond Member​

• Today at 7:15 AM
• Add bookmark
• #9

Learn the facts before you pop off.
Numerous Republicans were warning of the consequences & the Dems said "Roll the dice"

Repubs should have done more but the driving force was Dems

So panicked is the response from Congressman “I want to roll the dice a little bit more in this situation towards subsidized housing” Frank that he forgets that from May 2001 to the end of 2002, Democrats controlled the Senate and Dodd was the second-ranking Democrat on the committeeafter chairman Paul Sarbanes.

It is also revealing that Frank believes that Bush-administration assent to policies he supported means that the consequences of those policies are, ipso facto, “Republican failures.” As Peter Wallison lays out on the Journal’s op-ed page, you can blame Wall Street for reckless gambling on mortgage-backed securities all you want, but the risk of the mortgage-backed securities never takes off unless the federal government starts pushing lenders to lower their standards for worthy borrowers. Sure, the big-bank investors never should have gone dancing in the minefield, but the minefield was set up by federal policies that encouraged massive loans to “borrowers with blemished credit, or were loans with no or low down payments, no documentation, or required only interest payments.”

Barney Frank: The Community Reinvestment Act Was a ‘Republican Failure’ | National Review​

In today’s Wall Street Journal: Asked who was to blame for the 2008 financial crisis and whether any bankers should have been prosecuted, Mrs. Bachmann and former House Speaker Newt Gingrich put th…

www.nationalreview.com
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

Thanks
Report

[IMG alt="pknopp"]https://www.usmessageboard.com/data/avatars/m/72/72370.jpg?1630117213[/IMG]

pknopp​

Diamond Member​

• Today at 7:16 AM
• Add bookmark
• #10

I have.

President Calls for Expanding Opportunities to Home Ownership

Thanks
Report

Zone1 - Why Does The GOP Work So Hard To Let Psychopaths In Suits Get Away With Murder

Ever since our nation’s founding, capitalism in America has been played in ways that protect stone cold killers. Psychopaths in suits. But it’s gotten particularly bad since Big Tobacco was outed in the 1990s. There was a time when we used to prosecute these criminals. In the 1980s, Reagan...

www.usmessageboard.com

Here is the way I look at it. Capitalism is the best ISM. But it isn't perfect. Taxes can be changed, unions can be broken, jobs can be sent overseas. When inflation happens the feds have to raise interest to make it right.

This is why I didn't like marketing. For example, supply and demand. This morning I heard airline seats are empty so the airlines have to raise prices on passengers because the trip needs to be profitable. But then during the holidays when there are no seats, they raise prices because of supply and demand.

Seems like supply and demand works both ways for the airlines.

Anyways, government is the referee. This is why Republicans want to shrink government. To get government out of business' business. But meanwhile they are destroying our planet through global warming.

Flooding Threat Stretches From Texas To Lower Mississippi Valley This Week - Videos from The Weather Channel

Meteorologist Domenica Davis has the latest forecast. - Videos from The Weather Channel | weather.com

weather.com

 

[Toddsterpatriot]

Ever since our nation’s founding, capitalism in America has been played in ways that protect stone cold killers. Psychopaths in suits. But it’s gotten particularly bad since Big Tobacco was outed in the 1990s.

There was a time when we used to prosecute these criminals.

In the 1980s, Reagan deregulated the Savings & Loan industry; predictably, within a few years, a handful of executives had made themselves multimillionaires while hundreds of thousands of families across America were wiped out.

The Justice Department stepped in and prosecuted 1100 banksters, 839 were convicted, and over a hundred went to prison.

When the so-called “Dot-com Bubble” burst around the turn of the century, dozens of bigshot executives from Enron, WorldCom, Qwest and Tyco, among others, were prosecuted, convicted, and imprisoned. We were still occasionally sending executives to prison as late as 2005.

Not anymore.

After Glass-Steagal was repealed in 1999, banksters spent the next decade lying to investors around the world about the value of their “Collateralized Debt Obligations” and other recently legalized “exotic” financial instruments that were packed full of “liar loans” and bad mortgages.

That led straight to the Bush Crash of 2008, when guys like Steve Mnuchin (who threw over 30,000 California families out of their homes) got fabulously richer. America bailed out the Wall Street banksters to the tune of over a trillions of dollars

Redirect Notice

In escapable questions

After Glass-Steagal was repealed in 1999, banksters spent the next decade lying to investors around the world about the value of their “Collateralized Debt Obligations” and other recently legalized “exotic” financial instruments that were packed full of “liar loans” and bad mortgages.

Glass-Steagall wouldn't have done anything about CDOs. Or banks buying/writing crappy mortgages. Or HUD forcing Fannie and Freddie to buy subprime mortgages.

That led straight to the Bush Crash of 2008, when guys like Steve Mnuchin (who threw over 30,000 California families out of their homes) got fabulously richer.

Yeah, foreclosing when you don't pay your mortgage is awful. And needed.

America bailed out the Wall Street banksters to the tune of over a trillions of dollars

Wall Street paid back all those loans. The US Treasury made hundreds of billions in profit.

 

[struth]

Ever since our nation’s founding, capitalism in America has been played in ways that protect stone cold killers. Psychopaths in suits. But it’s gotten particularly bad since Big Tobacco was outed in the 1990s.

There was a time when we used to prosecute these criminals.

In the 1980s, Reagan deregulated the Savings & Loan industry; predictably, within a few years, a handful of executives had made themselves multimillionaires while hundreds of thousands of families across America were wiped out.

The Justice Department stepped in and prosecuted 1100 banksters, 839 were convicted, and over a hundred went to prison.

When the so-called “Dot-com Bubble” burst around the turn of the century, dozens of bigshot executives from Enron, WorldCom, Qwest and Tyco, among others, were prosecuted, convicted, and imprisoned. We were still occasionally sending executives to prison as late as 2005.

Not anymore.

After Glass-Steagal was repealed in 1999, banksters spent the next decade lying to investors around the world about the value of their “Collateralized Debt Obligations” and other recently legalized “exotic” financial instruments that were packed full of “liar loans” and bad mortgages.

That led straight to the Bush Crash of 2008, when guys like Steve Mnuchin (who threw over 30,000 California families out of their homes) got fabulously richer. America bailed out the Wall Street banksters to the tune of over a trillions of dollars

Redirect Notice

In escapable questions

During the S&L Crisis...5 Dem Congressmen were caught up in massive scandals...getting rich and protecting corrupt individuals...Jim Wright, to John Glenn...also, it was Jimmy Carter who signed the Depository Institutions Deregulation and Monetary Control Act of 1980

Depository Institutions Deregulation and Monetary Control Act - Wikipedia

en.wikipedia.org

You also bring up the repeal of Glass-Stegall...which was done by Bill Clinton...another Dem...you also ignore that part of the crisis was brought on by corrupt folks at places like Country-Wide mortage, who were out there giving favorable loans to Dems like Dodd, Conrad, and Obama advisors and former Fannie Mae Chairmen like Franklin Raines. Countrywide Financial political loan scandal - Wikipedia

One of the major issues is that Dems turn a blind eye to the corrupt in their cult

 

[Bob Blaylock]

Ever since our nation’s founding, capitalism in America has been played in ways that protect stone cold killers. Psychopaths in suits. But it’s gotten particularly bad since Big Tobacco was outed in the 1990s.

There was a time when we used to prosecute these criminals.

In the 1980s, Reagan deregulated the Savings & Loan industry; predictably, within a few years, a handful of executives had made themselves multimillionaires while hundreds of thousands of families across America were wiped out.

The Justice Department stepped in and prosecuted 1100 banksters, 839 were convicted, and over a hundred went to prison.

When the so-called “Dot-com Bubble” burst around the turn of the century, dozens of bigshot executives from Enron, WorldCom, Qwest and Tyco, among others, were prosecuted, convicted, and imprisoned. We were still occasionally sending executives to prison as late as 2005.

Not anymore.

After Glass-Steagal was repealed in 1999, banksters spent the next decade lying to investors around the world about the value of their “Collateralized Debt Obligations” and other recently legalized “exotic” financial instruments that were packed full of “liar loans” and bad mortgages.

That led straight to the Bush Crash of 2008, when guys like Steve Mnuchin (who threw over 30,000 California families out of their homes) got fabulously richer. America bailed out the Wall Street banksters to the tune of over a trillions of dollars

Redirect Notice

In escapable questions

 

[BertramN]

Ever since our nation’s founding, capitalism in America has been played in ways that protect stone cold killers. Psychopaths in suits. But it’s gotten particularly bad since Big Tobacco was outed in the 1990s.

There was a time when we used to prosecute these criminals.

In the 1980s, Reagan deregulated the Savings & Loan industry; predictably, within a few years, a handful of executives had made themselves multimillionaires while hundreds of thousands of families across America were wiped out.

The Justice Department stepped in and prosecuted 1100 banksters, 839 were convicted, and over a hundred went to prison.

When the so-called “Dot-com Bubble” burst around the turn of the century, dozens of bigshot executives from Enron, WorldCom, Qwest and Tyco, among others, were prosecuted, convicted, and imprisoned. We were still occasionally sending executives to prison as late as 2005.

Not anymore.

After Glass-Steagal was repealed in 1999, banksters spent the next decade lying to investors around the world about the value of their “Collateralized Debt Obligations” and other recently legalized “exotic” financial instruments that were packed full of “liar loans” and bad mortgages.

That led straight to the Bush Crash of 2008, when guys like Steve Mnuchin (who threw over 30,000 California families out of their homes) got fabulously richer. America bailed out the Wall Street banksters to the tune of over a trillions of dollars

Redirect Notice

In escapable questions

The Republicans can take credit for policies encouraging the lack of ethics of corporate heads, billionaires, and the politicians that serve them (and the lack of prosecutions). Gingrich's 1994 "Contract With America" brought about the reforms Big Business, Wall Street, and the billionaire class have used (and still use) to rob this nation blind.

Nearly thirty years and a $30 trillion debt later using the federal government's borrowing power, the 0.1% are flourishing while the middle class shrinks. That Contract With America and its aftereffects have been an unmatched success for the GOP and the corporate thieves. And it's only going to get better... for the crooks.





.