Reply #6: If we don't addreess the massive corruption and fraud currently in our [View All]

[ipaint]

financial system, all we will be doing is setting ourselves up for another worse downturn. Get money and help to the people who have no jobs- go after the assholes who caused this and get them behind bars.

Obama needs to follow Bill Black's advice:

Number one: Fire Treasury Secretary Timothy Geithner, Office of Thrift Supervision chief John Bowman, Fed chief regulator Patrick Parkinson, and Office of the Comptroller of the Currency Chief John Dugan.

Number two: Create a consumer financial protection agency headed by Harvard Law School professor Elizabeth Warren.

Number three: Get rid of too big to fail.

Number four: Get rid of Ben Bernanke as chair of the Fed. Replace him with Nobel prize winner Joseph Stiglitz.

Number five: Bust up the FBI partnership with the Mortgage Bankers Association.

Number six: Regulate first.

Number seven: Target the top 100 corporate criminals.

Number eight: Fix executive compensation.

Number nine: Appoint a chief criminologist at each of the financial regulatory agencies.

Number ten: Hire 1,000 FBI agents.

http://www.corporatecrimereporter.com/billblack030510.htm


To rob a country, own a bank 5 parts (in part 4 Black elaborates on the above list)
http://www.youtube.com/watch?v=sA_MkJB84VA&feature=related