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Author Topic: Newbie poking the hive.  (Read 1348 times)

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Offline Carl

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Newbie poking the hive.
« on: December 29, 2011, 11:53:53 AM »
http://www.democraticunderground.com/100284215

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surfdog (104 posts) Profile Journal Send DU Mail Ignore


 The crimes of Wall Street
What are the crimes Wall Street committed ?

Why should some WallStreeters be sitting in jail ?

 :fuelfire:

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surfdog (104 posts) Profile Journal Send DU Mail Ignore

1. I thought that with all the talk

About prosecuting Wall Street execs somebody would at least be able to post the crime they will be charged with

but here we are

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lunatica (20,005 posts) Profile Journal Send DU Mail Ignore

2. LOL!

Throwing the gauntlet down huh?

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surfdog (104 posts) Profile Journal Send DU Mail Ignore

3. Just a bit confused

Was there actual crimes committed?

Or is this just fake outrage ?

Is it strange that people are demanding prosecutions but can't even point to the crime that was committed 

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treestar (30,627 posts) Profile Journal Send DU Mail Ignore

4. It is a vague generality used to stir people up

No one can be prosecuted without probable cause to believe that a person committed a certain violation. But you are right. We never see a quote for which federal or state statutes might have been violated.

In fact, wasn't it the repeal of prior laws that helped bring about the housing bubble?

 

Truth on the DUmp??? :o

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girl gone mad (18,692 posts) Profile Journal Send DU Mail Ignore

11. I take it you've been under a rock for the last 4 years?
 

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surfdog (104 posts) Profile Journal Send DU Mail Ignore

13. Yes I have

Now can you list the crimes for me ?

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girl gone mad (18,692 posts) Profile Journal Send DU Mail Ignore

16. Try Google.

William K. Black and Michael Hudson have written extensively on the topic.

Bill Moyers used to cover it on his show. 60 Minutes has done a few pieces.

Barry Ritholtz's blog is a good source.

There are literally dozens of books out that cover the topic. Econned, It Takes a Pillage, The Great American Stickup.

You're a few years late to the story so you've got some serious catching up to do.

A typical non answer.

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prepperdad (103 posts) Profile Journal Send DU Mail Ignore

12. There are many

Rampant Corruption
Insider trading
Piling tons of money into risky non-performing mortgage backed securities
Getting bailed out by the Gov
Causing a global economic collapse


http://www.survivingeconomiccollapse.net

Come on DUmbasses,you want to throw everyone in jail,step up to the plate and name the crimes.


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Offline Linda

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Re: Newbie poking the hive.
« Reply #1 on: December 29, 2011, 11:58:01 AM »
Simple answer..they can't....those wall street big wigs were following the laws as their dummy leaders set forth.
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Offline Karin

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Re: Newbie poking the hive.
« Reply #2 on: December 29, 2011, 12:06:10 PM »
Getting bailed out by the government is a crime?  Who knew?   Idiot.

You want to throw somebody in jail for insider trading, start with Nancy Pelosi.  Go from there. 
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Offline wasp69

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Re: Newbie poking the hive.
« Reply #3 on: December 29, 2011, 12:15:55 PM »
Quote from: Linda on December 29, 2011, 11:58:01 AM
Simple answer..they can't....those wall street big wigs were following the laws as their dummy leaders set forth.

Just like asking one of the "gay marriage is a basic human right" drones (yeah, No Limit, I'm talking about you) to point out in actual law and case precedence where this "basic human right" of marriage exists.

Dead silence.
 
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Offline JohnnyReb

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Re: Newbie poking the hive.
« Reply #4 on: December 29, 2011, 12:26:22 PM »
They're using the same law books they used to frog march Bush, Cheney, etc..
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Offline franksolich

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Re: Newbie poking the hive.
« Reply #5 on: December 29, 2011, 01:43:15 PM »
Quote from: JohnnyReb on December 29, 2011, 12:26:22 PM
They're using the same law books they used to frog march Bush, Cheney, etc..

Uh huh.

For the primitives, "feeling" something is the same thing as "proving" something.
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Offline DumbAss Tanker

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Re: Newbie poking the hive.
« Reply #6 on: December 29, 2011, 02:44:08 PM »
Quote from: JohnnyReb on December 29, 2011, 12:26:22 PM
They're using the same law books they used to frog march Bush, Cheney, etc..

When are they up for parole, by the way?

 :rotf:
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Offline Bodadh

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Re: Newbie poking the hive.
« Reply #7 on: December 29, 2011, 03:02:59 PM »
Quote from: franksolich on December 29, 2011, 01:43:15 PM
Uh huh.

For the primitives, "feeling" something is the same thing as "proving" something.

As I have mentioned before my ex is a Kiwi and automatically leans left. Being a mental therapist and a philosophy major didn't help matters. One day we got into a "discussion" about some U.S. law ( no idea which ) and she started to throw out all this irrelevant mumbo jumbo about why it was wrong and blah blah blah. But I kept pointing out the irrelevances and fallacies till she finally blurted out "FEELINGS COME FIRST!!!". The look on her face told me that even she knew that was the dumbest thing she could say on the matter.

Oh yeah. Now I remember. We were talking about U.S. immigration and how mean we are to the poor Mexicans.
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