"Why Isn't Wall Street in Jail?"

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heliosRAzi said:
Doubt that will happen. Corruption is rampant. Officials are too worried about their political future and aspirations. And the public is complacent.

I dunno. I am kind of hopeful on term limits if some momentum can be started. It benefits the state legislators most of all: if term limits happen then more people will be elected to Congress, and many new Congress-people come from state government.
 
Hari Seldon said:
I dunno. I am kind of hopeful on term limits if some momentum can be started. It benefits the state legislators most of all: if term limits happen then more people will be elected to Congress, and many new Congress-people come from state government.

You should focus your efforts on campaign finance reform before term limits. Politicians' need for money to win election is at the heart of the problem.
 
empty vessel said:
You should focus your efforts on campaign finance reform before term limits. Politicians' need for money to win election is at the heart of the problem.

Yep, just look at how much Obama got from Goldman Sachs.
 
Jenga said:
the reasonable thing to do would be to riot in the streets and murder all rich people and government officials

.

Sometimes it becomes obvious that the civil channels for justice will take too long.
 
afternoon delight said:
The problem will not be fixed in our lifetimes, and I doubt people will ever figure it out. It's a shame too.

We coulda been a contender! But instead, we're relegated to these times.

Crimes like these were prosecuted as recently as the 1970's. It's not an irreversible situation.

polyh3dron said:
bu bu bu bu bu but we must look forward, not backward.

I'd like to hear a bank robber use that defense in court.

Hari Seldon said:
I think the States need to start exercising some power. Most states are going bankrupt and they cannot print money. It is time to exercise some constitutional power and ram some amendments down the throat of the feds: I would like to see as a minimum an ammendment for 1. term limits and 2. forcing congress to recluse themselves on votes where they own a financial stake (stock)

Also on my wish list is a nationally elected corruption official that enforces corruption standards on congress.

The states can do this without the feds having a say if they have the balls.

This is a great list. I also think people need to vote third party. I know it's a contentious issue, especially amongst liberals, but I feel we have reached the breaking point. As many have said, John McCain would have done the same thing as Obama did were he president. The old justification for the two party system was that voters could not risk splitting the vote between two ideologically similar candidates and allowing the opposition to win. But in this situation, who is the opposition? Obama isn't fighting for our interests here at all, so why should we support him?

I'm not suggesting that third party candidates have a shot at winning - our corrupt system has created impossible hurdles for these candidates - but we could at least show these politicians that we will not support them if they do not support us. It may be the only thing that knocks some sense into these officials. Remember that in the case of the democrats, they only really began to ally themselves with Wall Street in the 1980's. They were tired of losing the fund raising war to the republicans and so they turned to the same money pool. The only reason the democrats felt secure in doing this is because they knew liberals had no other party to vote for. I think we need to take that security from them.
 
ElectricBlue187 said:
The people who make the rules are far above them and they are only accountable to their peers. Get used to it guys.


no, i'm not going to get used to it. i'm not going to run around and shoot guns like a lunatic, but i'm not going to submit like a chump and "get used to it."
 
Soleil rouge said:
Well said.

Media and popular culture are designed, IMO, to keep your attention away from more important affairs, while not being too obvious. It could be that the 40 hour work week and US work culture in general is also meant to keep people much too preoccupied with their jobs to get into politics of this nature.

I don't think it's solely designed by the government and business like that there's some massive architect planning out shows and commercials, but more so that most people couldn't give a crap. People just enjoy escapism from their lives and because of this they are taken advantage of.


Jenga said:

Laugh all you want but that's what it would take at this point.

Marleyman said:
Word the fuck up. There are people who are fed up yet they are stuck trying to make money and to live paycheck to paycheck. The breaking point doesn't seem like it will ever happen, as people in this country are too occupied with material shit to go out and make a change.

It's only a matter of time until they push too far that a vast majority of people are forced to have their distractions removed due to their financial problems.

It may happen in 5 years, 50 years, or 500 years, but it's only a matter of time.

People have coped by working more hours (the average person today works far more hours than someone 2 or 3 decades ago despite that many people having partners who work as well).

Marleyman said:
I also don't think protesting will do anything, as it is too far gone for that to do much.

There's many different forms of protesting. An all out revolution or even a movement has yet to happen.
 
It looks like a number of Chase execs knew about Madoff's scheme for quite some time, based on a recent interview. Let's see if anything good comes out of this, but I doubt it.
 
This is silly and ignores the involvement of non-Americans in the financial absurdity of the past several years.

Who in Iceland, Ireland, or Greece has gone to jail?

For you guys to know: Iceland is doing some history making shit right now, jailing their bankers, sending interpol orders against their little wall street crooks and debauchering their political class.

Like most truthly revolutionary acts, it is being extremely low key and of course, silenced by the media. But seriously, I am in awe. We should all watch carefully and learn from them, me thinks:

Iceland jailing their bankers. Feels good man.

Iceland nationalizing their banks and drafting a new constitution. Democracy =/= oligocracy

Iceland being awesome in general. The little nation that could. Go Iceland!
 
Ikael said:
For you guys to know: Iceland is doing some history making shit right now, jailing their bankers, sending interpol orders against their little wall street crooks and debauchering their political class.

Like most truthly revolutionary acts, it is being extremely low key and of course, silenced by the media. But seriously, I am in awe. We should all watch carefully and learn from them, me thinks:

Iceland jailing their bankers. Feels good man.

Iceland nationalizing their banks and drafting a new constitution. Democracy =/= oligocracy

Iceland being awesome in general. The little nation that could. Go Iceland!
Go go Iceland.
 
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