"One of the “tells” that reveals how embarrassed Lanny Breuer (head of the Criminal Division) and Eric Holder (AG) are by the disgraceful refusal to prosecute HSBC and its officers for their tens of thousands of felonies are the false and misleading statements made by the Department of Justice (DOJ) about the settlement. The same pattern has been demonstrated by other writers in the case of the false and disingenuous statistics DOJ has trumpeted to attempt to disguise the abject failure of their efforts to prosecute the elite officers who directed the “epidemic” (FBI 2004) of mortgage fraud."
Just as I feared, the thieves and crooks have control. Keep an eye on the income gap and the widening between rich and poor, and the decrease in numbers in the middle class. I have been watching this trend since the 1980s and it is growing exponentially now.
"Three recent books by “insiders” have confirmed earlier articles revealing the decisive role that Treasury Secretary Geithner has played in opposing criminal prosecutions of the elite banksters and banks whose frauds drove the financial crisis and the Great Recession."
Bair, Sheila, Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself” (2012);
Barofsky, Neil, Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street(2012);
Connaughton, Jeff, The Payoff: Why Wall Street Always Wins (2012).
Cameron & Obama
Lanny Breuer, Eric Holder. Financial Crisis Inquiry Commission
So Treasury Secretary Geithner is a key player in the sellout of US government to Wall Street and giant corporations. I see this endemic corruption as an integral part of the suicide economy.
The bottom line for humans, as we review our year-end 2012 financials, is discouraging. If we cannot reduce fossil fuel consumption by 90% within the next 20 years and leave most remaining fossil fuel reserves in the ground, if we cannot naturally sequester several hundred billion tons of CO2 and greenhouse gases through global reforestation, organic farming and carbon ranching practices we are doomed.
This mental accounting, according to a number of astute psychologists, is so terrifying that it has plunged millions of us into denial or depression. No wonder it's such a relief to take out our frustrations on Monsanto, Karl Rove, or Big Pharma, to work on single-issue problems or solutions.
Twenty more years of the Corporatocracy’s New World Order, 20 more years of single-issue activism, of failing to connect the dots between our fragmented movements and communities, and we’re doomed.
Our life-giving but delicately balanced atmosphere has now been pushed into the flashing red-light danger zone of 391 parts per million of CO2 —41 ppm higher than the level required to maintain civilization as humans have known it. We are fast approaching the catastrophic tipping point of two degrees Celsius, and 450 ppm of CO2, in greenhouse gas pollution that will melt the polar icecaps and the frozen tundra, burn up the world’s forests, kill the oceans, and set off massive crop failures and other “natural” disasters.
In other words, you and I and a billion others need to jot down more than just a New Year’s resolution. We need a New Year’s Revolution. We need a Main Street-to-the-Middle East Global Declaration of Interdependence. We need a 21st Century Green Manifesto to overthrow the Corporatocracy and dismantle the suicide economy, before it’s too late.
... it does mean that we must all, or at least a critical mass of us, immediately connect the dots between climate-friendly food, energy, transportation, media, public education, public policy, and politics. We must harmonize our discourse, broaden our alliances, and bring together the myriad currents of a U.S. and global movement for survival and revival into an unstoppable force. Starting today, not next year, we all have to become climate hawks and democracy activists, breaking corporate control over the marketplace and over our elections, media, and public policy. [emphasis mine]