The big banks now own almost every hard-working, able-bodied individual in the industrialized world and possibly beyond with their crony business practices and the corrupt politicians in their god-damned wallets....and these criminals are getting away with it!
I mean, where are the perp-walks on national TV? Doesn't anybody with a conscience want some justice here? Bernie Madoff and his $50B ponzi scheme was just the tip of the doo-doo.
End the fed ,end senate and congress make them pay this debt all president pay suspened ,then the people will pay it back with their money from all the damn taxes they put on us.These people do not even read the bills they pass and they ARE NOT doing their JOBS.Their jobs are to protect the people and read the bills they pass.These banksters are criminals as well as everyone that plays their game.Peoples blood,sweat and tears are on their heads.Morals have declined in our government.
Closely watch the votes on new regulatory legislation. Those voting against it MUST GO, regardless of party affiliation.
We should all contact our legislators to request that these financial institutions be regulated to within an inch of their lives. Restoring Glass Steagall would be the best answer.
Oh right, because there would be no corruption in free market capitalism because then only angels would engage in trade and all evil-doers would be punished by the market immediately.
This commission is too afraid to address the real cause of this crisis. The reality is that capitalism caused this crisis and that its recurrence is inevitable so long as capitalism dominates economic thinking.
The real crime has been commited by mongrel POLITICIANS, NOT BANKERS. Audit the Senate and House of non representing representatives. Find out where that den of theives hides their skeletons. This "hate the banker" mentality, hoisted by the media, is a distraction. Do you really beleive the FDIC, the SEC, the Treasury have clean hands in these matters? The criminals are on Pennslyvania Ave, not Wall Street.
No, they probably don't have clean hands, yet does their involvement automatically acquit the banks?
I don't quite get why you find it necessary to actually defend bankers. They asked for this! Yes, they got and are still getting shit from the media over this, but so what? Who cares?! I want people to actually get punished. I want sound rules in place and not these pseudo regulation which have been negotiated by lobbyists.
And one more reason why I still hate the bankers: credit cards.
The "involvement" of the politicians includes repeal of Glass Steagel Act, repeal of usury laws, signing NAFTA, not to mention a comprimised SEC. The banks are the whores of New York, who work for the PIMPS in DC.
... nah. It goes both ways really. The banks bought DC, and still own it - there's now just more pressure from the public to 'do something about those banks'.
I'm a bit aghast at the one guys ignorance of how huge the interest rates set by the Fed were to blame for this. Nearly free money that you don't have to pay back for decades with that interest rate. What the heck did you think would happen??
And they are still low, so those able to get loans are doing so with little regard for risk.
Thats because the investors are enabled by the FED to privatize the profits, then socialize (via the taxpayer) the liabilities. Daa Just look at AIG!! Bernanke is part of the New World Order! "The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite." -Thomas Jefferson
Just a circus to alleviate the pressure,however I do not believe that the American people are so dumbd,they are being pillaged of their wealth-cutesy of bankers and politicians.Rise up!
The big banks now own almost every hard-working, able-bodied individual in the industrialized world and possibly beyond with their crony business practices and the corrupt politicians in their god-damned wallets....and these criminals are getting away with it!
I mean, where are the perp-walks on national TV? Doesn't anybody with a conscience want some justice here? Bernie Madoff and his $50B ponzi scheme was just the tip of the doo-doo.
krislyttle 1 year ago
End the fed ,end senate and congress make them pay this debt all president pay suspened ,then the people will pay it back with their money from all the damn taxes they put on us.These people do not even read the bills they pass and they ARE NOT doing their JOBS.Their jobs are to protect the people and read the bills they pass.These banksters are criminals as well as everyone that plays their game.Peoples blood,sweat and tears are on their heads.Morals have declined in our government.
onecare01 2 years ago
Closely watch the votes on new regulatory legislation. Those voting against it MUST GO, regardless of party affiliation.
We should all contact our legislators to request that these financial institutions be regulated to within an inch of their lives. Restoring Glass Steagall would be the best answer.
Bozo1360 2 years ago
The Fed is pulling all the strings in this country. Presidents are just puppets.
futurerapture 2 years ago 4
The gentiles have grown lazy, they are responsible for the meltdown
LionOvZion 2 years ago
Considering Geitner was making pre-election promises of bailout money to the major firms this inquiry is laughable.
Mahoivlich 2 years ago 2
Capitalism caused this crisis?
Your vision of capitalism is really perverted if you actually believe that.
Unless you are refering to crony-capitalism as opposed to free market capitalism.
Paetaor 2 years ago
Research Fractional Reserve Banking... This is what caused the whole financial problems. Things really were set to go to shit in 1913.
batfly 2 years ago 5
Comment removed
0800RelevantElephant 2 years ago
Comment removed
0800RelevantElephant 2 years ago
This has been flagged as spam show
Oh right, because there would be no corruption in free market capitalism because then only angels would engage in trade and all evil-doers would be punished by the market immediately.
0800RelevantElephant 2 years ago
This commission is too afraid to address the real cause of this crisis. The reality is that capitalism caused this crisis and that its recurrence is inevitable so long as capitalism dominates economic thinking.
blackiron60 2 years ago
The real crime has been commited by mongrel POLITICIANS, NOT BANKERS. Audit the Senate and House of non representing representatives. Find out where that den of theives hides their skeletons. This "hate the banker" mentality, hoisted by the media, is a distraction. Do you really beleive the FDIC, the SEC, the Treasury have clean hands in these matters? The criminals are on Pennslyvania Ave, not Wall Street.
anolmec 2 years ago
No, they probably don't have clean hands, yet does their involvement automatically acquit the banks?
I don't quite get why you find it necessary to actually defend bankers. They asked for this! Yes, they got and are still getting shit from the media over this, but so what? Who cares?! I want people to actually get punished. I want sound rules in place and not these pseudo regulation which have been negotiated by lobbyists.
And one more reason why I still hate the bankers: credit cards.
0800RelevantElephant 2 years ago 3
The "involvement" of the politicians includes repeal of Glass Steagel Act, repeal of usury laws, signing NAFTA, not to mention a comprimised SEC. The banks are the whores of New York, who work for the PIMPS in DC.
anolmec 2 years ago
... nah. It goes both ways really. The banks bought DC, and still own it - there's now just more pressure from the public to 'do something about those banks'.
0800RelevantElephant 2 years ago 2
Good points.
underyourskindvd 2 years ago
I'm a bit aghast at the one guys ignorance of how huge the interest rates set by the Fed were to blame for this. Nearly free money that you don't have to pay back for decades with that interest rate. What the heck did you think would happen??
And they are still low, so those able to get loans are doing so with little regard for risk.
sirellyn 2 years ago 2
These banksters are dangerous. Look at their eyes! They need to be medicated and locked up asap.
kaxitaksi 2 years ago 3
it's just a show, nothing will change, the criminals will keep on stealing from us
dweber66 2 years ago 3
This Commission is of the exact same principle as the one that investigated the 9/11 attacks. There won't be any investigation.
SolidusLiquid 2 years ago
Outstanding guests. Great information, now what?
motorolarules 2 years ago
End the FED !
wcarlpdrysdale 2 years ago 7
Please, end "End the FED!" !
0800RelevantElephant 2 years ago
publish the bankers addresses and phone numbers in the paper so that we may send them a letter or phone them to express our outrage.. F*ckers.
navtel 2 years ago 3
THIS COMMISSION IS AN INSULT>>
where is henry kissenger? i am surprised he isn't on this commission.. it is a fluff and will accomplish nothing.. another 200million down the drain.
navtel 2 years ago 3
Socialism for the rich and well connected, tough love for the rest of us. Obama wants 33 BILLION more for his criminal wars.
Antiks72 2 years ago 6
Thats because the investors are enabled by the FED to privatize the profits, then socialize (via the taxpayer) the liabilities. Daa Just look at AIG!! Bernanke is part of the New World Order! "The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite." -Thomas Jefferson
MyImago 2 years ago 2
"Kill all the lawyers"???
What about the Banksters?
UnoRaza 2 years ago 2
Blankfein and other CEOs knew full well that they were overleveraged - 20+ to 1 is too high a leverage ration no matter what the risk level.
daleshankins 2 years ago 2
I've found my biological father(not), Blankfein. My Dad who raised me was really doing Gods work.
thetimman00 2 years ago
Tony Soprano is a lightweight compared to your average banker.
RCinPAWA 2 years ago
Does Mr Blankfein hear the tumbrils?
justjacqueline2004 2 years ago
Just a circus to alleviate the pressure,however I do not believe that the American people are so dumbd,they are being pillaged of their wealth-cutesy of bankers and politicians.Rise up!
justjacqueline2004 2 years ago
NO, we are that stupid
rickbar123 2 years ago
why is the citibank guy not there?
relaxedmoody 2 years ago
I do appreciate RealNews for trying to burrow into this. I hope they will continue!
GetMeThere1 2 years ago 2
Might get interesting which role the caribbean "banking centers" played.
Did Madoff and Enron also utilized this kind of off sheet accounting?
0PsycoDad0 2 years ago
5* keep the heat on the banksters. End the Fed! Constitutional money!
MTL911Truth 2 years ago
My heart did leap and my pulse raced!
To see the ferocious arrogance of Lloyd Blankfein comparing his bank's criminal speculations to the natural disaster is mindblowing!
TravellerHere 2 years ago 5
@TravellerHere Right on!
sweettina2 2 years ago
good reporting
AR15Truther 2 years ago 3
Thank you.
DavidAKZ 2 years ago
Excellent interview *****
luciodelgado 2 years ago 2