IN SEARCH OF NON-G.O.P. JUSTICE
...the more outrage you feel. I mean, the FBI found Sarah Palin's hacker withing weeks, yet we have yet to haul any defunct mortgage operators into court, to account for the net misery they wrought.
Check it out.
- Arthur Levitt ... slams the Bush SEC, as having lost its culture, image, force, and public role during the bush Administration. Strong words not spared.
Levitt is a *strong* proponent of a registry/"clearing house" that is mandatory for all derivatives contract writers, whether they are regulated or unregulated, in the U.S. or organized legally elsewhere. - Treasurer of Cuyahoga County, Ohio, lays it out with frightening clarity: early efforts to stop predatory and destabilizing business activity were rebuffed, scoffed at, and made illegal, even. Plain evidence that the CRA (comminity re-investment act) has almost wholly unrelated (over 90% of loans not from CRA-constrained depository institutions).
- President of the Urban League gets angry over the rightwing abject misrepresentation and internet smears that minorities are to blame.
- Eric Stein shows how 11% crippling re-sets ... are nothing that bankruptcy courts can address and illustrates with heart rending "real world" cases.
