It was funny to watch him lie about how he would support Biden when he thought Bernie was going to win, immediately going back on that in a rage when Biden destroyed him.
It was funny to watch him lie about how he would support Biden when he thought Bernie was going to win, immediately going back on that in a rage when Biden destroyed him.He is a very disillusioned Bernie Bro really.
That's an 8 year old article from Glenn Greenwald. This issue was discussed ad nauseum here back then.
Grennwald spent the last 4 years criticizing democrats and giving Trump a pass.
Countrywide ran its mortgage unit like shit and looked the other way when low level minions did shady crap because "Powerpoint charts are awesome"
It imploded
Bush Administration made Bank of America an offer it could not refuse and it bought Countrywide. Note: Bank of America, like lots of Banks steered clear of high risk bullshit some of the players back then were pulling.
Bank of America began the purge of countrywide assholes and did what it could to get rid of the garbage n the books
So who do you punish?
Do you punish "Wall Street" (Ken Lewis, CEO of BOA at the time)
Or do you chase down all the low level minions at the former retail operations on main street.
The people doing the crime were lower middle class all over the country in small towns everywhere.
The people pressuring the minions and overlooking the obvious were middle class.
The people monitoring the power points were slightly upper middle class.
The people tasking those powerpoints and presenting to upper management were upper middle class
The people charge with setting the tone that empowers or discourages risk were higher upper class
The people overseeing it all and basically to make sure all that shareholder value shit looks spliffy are money bags
How do you punish each tier?
Your memory is a little off. BofA bought Countrywide of its own free will. Here is the press release. http://investor.bankofamerica.com/n...ca-agrees-purchase-countrywide-financial-corp
You're think of the Merrill Lynch transaction. That was the shotgun wedding. Here's an excerpt from the government's largest civil settlement with a single entity in history:
“For years, Countrywide and Bank of America unloaded toxic mortgage loans on the government sponsored enterprises Fannie Mae and Freddie Mac with false representations that the loans were quality investments,” said U.S. Attorney Preet Bharara for the Southern District of New York. “This office has already obtained a jury verdict of fraud and a judgment for over a billion dollars against Countrywide and Bank of America for engaging in similar conduct. Now, this settlement, which requires the bank to pay another billion dollars for false statements to the GSEs, continues to send a clear message to Wall Street that mortgage fraud cannot be a cost of doing business.”
To answer your second question, I can't tell you because, again, the prosecutions didn't happen.
Both Greenwald and Taibbi were basically right to be skeptical of the Russia hysterics. It was never more than a smoke screen to excuse the party's failure to defeat Trump. Russia was never shown to have interfered anywhere near as much as other countries like Israel.
This is what TDS looks like folks. Don't let it happen to you, stay informed.
Remember this doozy? Dutch watched the SVR hack the DNC Funny how those Russophobes got Trumpets to plead guilty, right? 100 charges; 34 Trump people indicted, with 25 Russians accused of interference. Link to anything reputable citing more than 25 Israelis interfering with the 2016 election? Or is it just more talk radio induced feels?
Blackjack, I remember you making decent posts in the pre Trump days. Sad stuff to see you side with Team Treason instead of documented history and your own country. Get well soon.
He's not denying it, he's just saying at the same time we have ignored more blatant interference from Israel. I assume he's referring to the opinion presented by Chomsky on the matter.Still denying documented and systematic Russian interference?
with Trump and American politicians or in general?Still denying documented and systematic Russian interference?
So who do you punish?
Do you punish "Wall Street" (Ken Lewis, CEO of BOA at the time)
Or do you chase down all the low level minions at the former retail operations on main street.
The people doing the crime were lower middle class all over the country in small towns everywhere.
The people pressuring the minions and overlooking the obvious were middle class.
The people monitoring the power points were slightly upper middle class.
The people tasking those powerpoints and presenting to upper management were upper middle class
The people charge with setting the tone that empowers or discourages risk were higher upper class
The people overseeing it all and basically to make sure all that shareholder value shit looks spliffy are money bags
How do you punish each tier?
He has nothing to do with liking Trump in the slightest you partisan hack.
He's telling you that you have been consistently manipulated by the media. The media is the entire reason Trump won to begin with.
All of it was a distraction against the fact that they put up an establishment hack - while the person that was filling up stadiums was getting shafted by the party with ACTUAL documentation of corruption and resignations.
He's not denying it, he's just saying at the same time we have ignored more blatant interference from Israel. I assume he's referring to the opinion presented by Chomsky on the matter.
Stop embarrassing yourself. Defending his 'nothing but a smokescreen' sentiment is what alr right trolls do. You know, kinda like still harboring all the butthurt over Obama getting a Nobel Prize.
I'd ask you to take a stab at addressing what I posted, but knowing your well established lack of integrity here it would likely be a complete waste of time.
People (like you) are convinced the media they don't like is more of a threat than Russian campaigns undermining our elections and national security. Wow. Manipulation indeed, you poor thing.
Richard Nixon? Tom DeLay? Dennis Hastert?What party had their top-person resign from corruption again? Mind running that by again little Billy?
I was just pointing out where the opinion came from, but I think Chomsky has earned at least consideration of his perspectives. I think the point is that Israel being able to openly and blatantly interfere in the work of congress indicates a more serious issue than Russians having to try to work in shadows through backdoor channels. Yes, Russia was able to become more brazen due to the Trump administration, and Russia is also a worse actor on the international stage. However, I think the more important point Chomsky makes is that by far the biggest issue in terms of political interference is the influence of campaign financing. Russia was a big deal, but it is a far bigger deal that the the majority of our politicians are basically bought and paid for by large corporations that tell our legislators what to pass and even draft the legislation for them. Just because its legal doesn't make it a smaller threat to democracy.The CiC behaving like a Russian Asset is less damaging to national security and foreign policy than what Israeli transgression exactly? Show your work.
What party had their top-person resign from corruption again? Mind running that by again little Billy?
Inverted Totalitarianism is when "nameless" Boards of Directors can funnel money to candidates and in exchange hand them legislation to pass that just so happens to benefit the already wealthy and powerful.I was just pointing out where the opinion came from, but I think Chomsky has earned at least consideration of his perspectives. I think the point is that Israel being able to openly and blatantly interfere in the work of congress indicates a more serious issue than Russians having to try to work in shadows through backdoor channels. Yes, Russia was able to become more brazen due to the Trump administration, and Russia is also a worse actor on the international stage. However, I think the more important point Chomsky makes is that by far the biggest issue in terms of political interference is the influence of campaign financing. Russia was a big deal, but it is a far bigger deal that the the majority of our politicians are basically bought and paid for by large corporations that tell our legislators what to pass and even draft the legislation for them. Just because its legal doesn't make it a smaller threat to democracy.
I was just pointing out where the opinion came from, but I think Chomsky has earned at least consideration of his perspectives. I think the point is that Israel being able to openly and blatantly interfere in the work of congress indicates a more serious issue than Russians having to try to work in shadows through backdoor channels. Yes, Russia was able to become more brazen due to the Trump administration, and Russia is also a worse actor on the international stage. However, I think the more important point Chomsky makes is that by far the biggest issue in terms of political interference is the influence of campaign financing. Russia was a big deal, but it is a far bigger deal that the the majority of our politicians are basically bought and paid for by large corporations that tell our legislators what to pass and even draft the legislation for them. Just because its legal doesn't make it a smaller threat to democracy.
Why start a post off based on an 8 year old opinion piece? Anything with actual crimes that went unpunished? I am sure there are plenty but I don't have proof. Please post some.
It angers me that no one went to jail over the blatant fraud but these crooks might have covered their tracks?
"You criticiszed MY guy, but didn't do it enough to the other guy from the other party that we hate!"
Sound logic there kid, you must be great at debate.
Yep thanks. I assume there were high level illigal deals that kept CDOs at AAA but guessing those folks did not leave a paper trail?Most of the "criminal" activity that took place during housing boom was perfectly legal when it happened, and the laws came after (ie Dodd Frank). And a large number of egregious cases of fraud, such as Lee Farkas of TB&W, were in fact prosecuted.
Yep thanks. I assume there were high level illigal deals that kept CDOs at AAA but guessing those folks did not leave a paper trail?