More and more frequently we are told by our elected officials of the frauds and thefts by Banks and Bank employees but there seems to be no room at the Slide Bar Motel (Jail) for these criminals. In Congressman Grayson’s recent video he shows us evidence of the frauds and forgery’s committed by or in the name of the Officers of the Bank, but I have not heard of a single arrest.
To date other than Barkley’s Bank who paid about 289 million for their transgressions I have yet to see any penalty. Some would argue that if you paying your fine with someone else’s money your considered “a cost of doing business” not a criminal. Is it time we put a few of the Banking Community into general population at one of our finer Federal Correctional facilities, and let them become part of the rest of the community who has not followed the laws.
As Congressmen Grayson pointed out in his foreclosure video, he has names and signatures, coming out of a Law Firm. Are we to believe that no one knew what was happening was wrong. I have not even heard of a planned Congressional Hearing and it’s election time when everyone to busy kissing babies and talking about future plans. Is it going to be the same old , same old, do our elected officials not see a major meltdown coming? Can no one rebuild the attitude of the American people?
Where is the money going to come from to recoup the loss from the 56, 000 foreclosures that Chase just halted? Is is going to come on the backs of the Taxpayer or the investor that believe they were doing business with a lawful institution.
We have a moral cancer working its way through our banking community and personally I don’t think it is the Branch Managers and the Tellers who are the problem. It is not the Mortgage loan officers. It’s the nameless faceless chicken, hiding behind the ROBO signing executive that not only knew what was going on, put paid to have the illegal act done. And the funny thing is our politicians have been convinced these people are a talent pool that keep us all going. I have one world to express my opinion of this , Balderdash! Give these guys a pink jump suit. Look what they did in France to a Banker with his hand in the Cookie Jar…. come on America.
I think it is time for those who did this, and knew better to get some quantitative easing at the weight pile, or maybe have their credit taken away from them at the snack commissary. Maybe they should be given three cigarettes a day and 2.3 hours of sunlight to keep their color. Maybe a few days in the Federal Retreat at Lompac would do our economy some good. I have a feeling seeing the law enforced could be just the medicine the economy needs, a little consumer confidence builder, if you will allow me to call it that. Hell, today it seems like drunk driving carries higher penalties that conspiracy to defraud, forgery and false statements on Government records, heck with these there is not even the excuse of bad judgment because your were impaired and at a party. Unless signing false document is something Bankers consider a party.
I believe we are at a point in our Nations History where free speech is the only thing that will bring us out of the situation the lawless greedy have put us into. We must demand our leaders maintain the opportunity a fair playing field gives us all. Right now I don’t see the Bankers being equally treated. Some say the politicians are owned by the Banks, I disagree no one can own the truth, they can sway the truth. Soon our “LEADERS” will say enough is enough and call for enforcement of already existing rules instead of trying to distract us with new laws. These are just my personal opinions and do not reflect the views of anyone with whom I work, or associate with.
George Kenner, Broker Associate Keller Williams Realty
La Mesa, Ca. 91941, Lic 01229951
Goodnight Mrs. Kalabash where ever you are.