Obama Lashes Out at "Fat Cat Bankers," But Talk Is Cheap

When will the Federal Government charge the rest of the recreant slime who destroyed the USA financially?

These names below should be prosecuted and I'm betting the Occupy Wall Street protesters think so as well!

- Joseph Cassano — the former head of AIG’s financial products unit. Under his watch the company amassed massive amounts of risk that lead to the biggest bailout in U.S. history. There’s very little chance of Cassano facing time, however; Federal prosecutors recently dropped their investigation against him.

- Former CEO Killinger and Rotella the ex-operating chief - pushed WaMu (Washington Mutual) to take on greater and greater risk, even as they ignored warnings that housing prices were due for a fall, and that WaMu couldn’t manage the company’s increasing reliance on subprime or other risky home loans. They recently paid 64 million in fines hoping to gag government prosecution; they must be prosecuted in a federal court of this heinous crime.

- Dick Fuld & Joe Gregory — Lehman Brothers CEO and COO who watched their house of cards come tumbling down, bringing the global financial system to the edge of the collapse.

- Angelo Mozilo — The Countrywide CEO helped fuel the subprime madness. His company’s lack of due diligence is a prime reason for the foreclosure problem. Mozilo also co-founded IndyMac, the large California bank that was seized by the FDIC in July 2008.

- The C level executives from the rating companies Moody’s, S&P and Fitch that gave the highest ratings, investment grade - triple A, to all the worthless sub-prime CDO’s, SIV’s, MBS’s. It was their ratings of these worthless pieces of paper that encouraged investors to purchase them and subsequently lose everything. This is out and out fraud!

- Fabrice “Fabulous Fab” Tourre & John Paulson — the banker and hedge fund manager at the center of the SEC’s criminal fraud complaint against Goldman Sachs. People need to know the Goldman’s of the world don’t have politicians in their pockets and that the American markets are a safe place to put your money.

- Stanley O’Neal — the former Merrill Lynch CEO pushed the firm to aggressively market and trade CDOs. O'Neal left with the firm on the brink of collapse before Bank of America purchased it. For all his good work, O’Neal was fired but left with a golden parachute and options valued at $161.5 million at the time.

- Let’s not forget the C level executives of MF Global, for what allegedly appear to be another Ponzi scheme or some other type of financial fraud.

Not only did these cretins help cause the Wall Street bailout, they are also responsible for the extended unemployment claims and other financial burdens which ultimately reached the taxpayer.

No matter how many promises and oaths we hear on Capitol Hill or Wall Street, the bottom line is retail investors are as likely to vacation in Al Qaeda country as they are to throw the remainder of their life savings back into a stock market full of financial terrorists.

During the Savings and Loan scandal of the 80’s thousands of miscreants went to jail. So far Ralph Cioffi and Matthew Tannin, Bear Stearns hedge fund managers, are the only ones to have even gone on trial. They were acquitted. These people destroyed the wealth of the middle class in America, which equates to destroying America, its time they are put on trial! Americans write your Federal Senator today and ask them why these robber barons have not been charged. Force this government to respond ethically to this financial holocaust and charge these villains; otherwise vote them out of office.

Both Democrats and Republicans are bought and paid for by the fat cats of Wall Street.

obama the two face great liar in chief

obama is a two face great liar in chief

Obama is three years in his office. Hasn't done anything. Time for tough talk is long gone. Voters need to see some arrests, prosecutions, and jail terms for Bankers. If not, the sad conclusion is Obama is bought and paid for.

Anyone that thinks Obama is on the side of the poor has thier head in the sand. The man has spent almost 5 tillion in 3 years and all the US has to show for is, the rich are richer the poor are poorer and the USA has 5 tillion more debt. And no I'm not a GW lover. He was a screw up too! Ron Paul...

Talk is cheap and so is buckwheat

Most Americans NEED A HISTORY LESSON. The hogwash handed them by a politically motivated and liberally biased media are nothing but LIES and twisted truthes. Look at what Liberals have done to California. Our country is heading there with all these entitlement programs. USPS, Mdcr, Mdcd, UE, SS, Fannie Mae/Mac; all programs that have failed or have been overspent by our inept govt. NOW THEY WANT TO ADD MORE TAXES AND HEALTHCARE? A little long term planning by a "REAL AMERICAN" individual would suffice in place of ALL these programs. Everyday fake Americans sit on their couches eating garbage, collecting unemployment for as long as they can and leetch off any entitlement program they can. Then they go to a doctor for a hangnail and get everyone else to pay for it. Once again the GREAT liberal policies will bring the rest of America down with it and thru the ashes will rise YET AGAIN, ANOTHER FAILED ENTITLEMENT PROGRAM. You think our obesity rates are high now? Wait till this IDIOTIC healthcare bill and the increased taxes that pushed thru the backdoor starting hitting YOUR paycheck. Why should I stay healthy when I have to pay for fatso over there, sitting on his couch eating candy bars? Do I care if you have healthcare, go out get a job and pay for it like the rest of us. Stand on your own feet and put your hand back. Same goes for foreclosures; pay your mortgage, declare bankruptcy, or sell the home. AMERICANS NEED TO STOP BLAMING SOMEONE ELSE AND MAN UP!

Americans are charitable and give IF ASKED, but STEAL it thru taxes and the SMART ones will fight. Many RICH are politicians from both parties and THEY LOVE TAXES, Cause stupid liberals will TAX themselves right into a hole, LIKE MOST ARE IN NOW!! The rich can absorb taxes or leave the country. They're MOBILE and taxes give them more control over us. The new tax rates of 320% on long term capital gains, who does that hurt? If you think JUST the Rich, then your TRULY LIBERAL AND DUMB. The REAL history of how this country's economy got to this point, the Dumbocratic party. They're DESTROYING AMERICA. WATCH the film "I WANT YOUR MONEY". Business, Finance, & Economic majors, RICH or POOR, are usually on the RIGHT side of the aisle. Liberals need to learn how a Balance Sheet or P&L works and THE TRUTH on how we got to this point. I'm tired of Liberals pretending they're the people's party. What a joke! You want to be for the people.....TAKE CARE OF YOUR SELF, YOUR FAMILY, YOUR FRIENDS, & GIVE WHAT YOU CAN......NOT WHAT THE GOVT TAKES FROM YOU! The biggest flaw in liberal politics is the INSANE ASSumptions that GOVT can manage the daily & long term life of the people. As I mentioned in my 1st paragraph, they have proved time and time again that they can't be trusted. So handing them more and more tax revenues isn't going to transport us to some majic Utopia. Many of the American public can't balance their own checkbook or read financial statements. Perhaps they're a true reflection of America. If so,we're in trouble and I PRAY MERICANS WAKE UP!! Our founding fathers would roll over in the grave if they saw what this country has become. Even Liberals in the 70's and early 80's were more fiscally responsible then these clowns, but perhaps they too were a reflection of the people back then. Whateva the case.....people need to know that the gravy entitlement trains and the govt intrusions into daily life NEED TO STOP!!. If I had to one message to tell Liberals; ITS YOUR MONEY AND PAYING MORE IN TAXES HURTS EVERYONE. MONEY EQUALS POWER/CONTROL AND IS NOT EVIL. THE MORE TAXES & ENTITLEMENTS YOU CREATE, THE MORE CONTROL & FINANCIAL FREEDOMS YOU GIVE UP!