With all the hundreds of billions that have gone from our treasury to the banks and Wall St. so far; it appears some disciplinary examples will be needed if Bernanke and this govt is ever going to get another $600 billion to squander on the same sort of stimulus (giving money to the banks primarily) that has failed us for the last 20 years.
Even Europe warns against it. But a little American justice and rounding up a dozen Wall St. underlings ought to make it appear that someone is minding the store and provide the Fed the needed cover to print up another $600 billion.
Then we can also absorb the cost of any court and legal fees and in the event anyone actually does any jail time at all, we can foot the bill for a few minimum security lock ups (aka country clubs stays)... until the next ineffective fix.
We should be fine on some level and to some degree.
But not yet on Main St., only the machine we call government and those who control it will see the windfall if anyone does... al beit temporarily.
It's just another day in America.
Read the Article at HuffingtonPost
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