[PAULYPOKER]

‘Too-big-to-fail banks,national security threat’

Too-big-to-fail banks in the U.S. are a “national security threat to the country”, says Mike Harris, a financial editor at Veterans Today.

Newly released documents have shown that the Department of Justice has helped biggest U.S. banks escape indictment.

According to the Huffington Post, DOJ appears to have neither conducted nor received any analyses that would show whether criminal charges against large financial institutions would harm the economy.

“If the DOJ is intervening on behalf of the banks that helps them avoid criminal prosecution, then it’s an indicator that the banks are too large, have too much power, and they have corrupted the process of justice in the United States,” said Harris in a phone interview with the U.S. Desk on Thursday.

“The big banks should be broken up and dismantled and made into many, many smaller pieces,” added Harris.

ISH/ARA


PressTV

[PAULYPOKER]

BoomStick!!!

[itchypickle]

So you're saying that they were investigated...and cleared...and this is news?

The news would have been if the DOJ had chosen NOT to investigate.

[PAULYPOKER]

So you're saying that they were investigated...and cleared...and this is news?

The news would have been if the DOJ had chosen NOT to investigate.

That is like trusting a King to investigate himself........

[itchypickle]

You're missing the point. Tell me what law exactly was broken and how it should be pursued at trial?

Did banks conjure up shady investments that they did a great job of selling to ignorant people? Absolutely

Were home and business loans given to people with questionable credentials? Yep

Was all of this done concurrent with existing law at the time? YEP

So where is the crime? Legally not morally.

[PAULYPOKER]

[itchypickle]

Nice reply.

We get it..you hate rich people. I hate car salesmen who try and sell me a $25k car for $35...but it's not illegal, it's up to ME to negotiate the right price.

I hate annuity salesmen at the bank who try and sell me a proprietary product on 7% commission for a 5% return...it's not illegal but it sucks and its up to ME to figure out where to put my money.

I hate Polo for markin up their shirts at 300% of cost, but thats not illegal, I could go to Old Navy and buy one for $8 instead of $80

This is commerce and business...not HippyVille where we barter for food with a pair of sandals.

Again, tell me what LAW was broken by the banks? WHO should be charged and indicted?

[PAULYPOKER]

Who writes the fukkin banking LAWS n the 1st place?

The banks, silly, tricks are for kids..........

End of discussion.........................

[itchypickle]

Who writes the fukkin banking LAWS n the 1st place?

The banks, silly, tricks are for kids..........

End of discussion.........................

No argument there. Yes their interests as well as big tech and big pharma and big energy lobby for legislation favorable to them. Labor unions do as well, Obama care backers as well.....pro-gay legislation as well, and defense contractors also. EVERY side has lobbyists Pauly. It's a machine that switches over the years.

Question still remains, what did you want done by the DOJ?

Simple question...who do you want in jail and what are the grounds?

[PAULYPOKER]