http://www.msnbc.msn.com/id/46405686/ns/business-us_business/

There it is!!! This was the main purpose of the agreement. To give AMNESTY and IMMUNITY FROM THE LAW to financial frauds.

Look, MG Global stole $1.6B from customers who had their money in segregated accounts and so-called "safe" accounts. The company STOLE the customer accounts and used it to plug their own financial holes. They claimed that the customer's funds just 'vanished' and they have no idea where it went. NOBODY HAS BEEN ARRESTED, INDICTED OR PROSECUTED FOR THIS HORRENDOUS ACT!!! Jon Corzine, former MF Global CEO was also a former Senator, Governor and CEO of Goldman Sachs – a BIG Obama supporter. Walking around free as a bird!

Anyone who tells you that Wall Street was a victim or that WS was just following the government's orders has their head up their ***.

This is also the central theme of the Occupy Wall Street/Oakland?San Diego too. Not limited to just republicans, or democrats. Most Independents- like me – feel the same way too.

That’s truly a funny line, whether you intended it to be or not, Wayne. Capitalizing on voter resentment is the central theme of the contemporary Republican Tea Party, whether that resentment is over taxes, illegal aliens, public pensions, social safety net programs, or nearly anything other than jingoistic support for blind patriotism in the form of ever increasing military budgets, uncritical support for anything done by Israel, or the old Norquist line about being able to drown our government in a bathtub.

The modern Republican party will go down in history as the “know nothings” of the early 21st Century.

Did you read my earlier post?? ALL of this money will go to gov employees and insiders.

When the tobacco companies did a $250 BILLION settlement 4 years ago San Diego received a WHOPPING $150 million annuity, paid out over 25 years (that is who all of these big settlements are paid-over decades, you don’t get the $$ all upfront). So what did SD doe with their $150 MILLION annuity?? They went right to Wall Street, cashed it in for 25 cents on the dollar and then put the $37 million lump sum right into the San Diego city pension system, which is still bankrupt.

Harris had originally pulled out of these talks b/c she said the $25 billion was a joke-and it was, yet she signed on the dotted line when the deal was inked, the same deal she rejected 6 months ago.

BTW-this was what they call a “global settlement” which means to wipes out liability for ALL previous misdeeds and law breaking. No other charges, civil or criminal, can ever again be brought over the mortgage meltdown against these clowns.

You might ask why none of the criminal financial lords are being prosecuted? Well, an obvious reason is because they are bankrolling the politicians. Go look at who the major contributors are to the presidential candidates, the senators, the congressmen, etc… All of you know that Barack Obama received about a million dollars from Goldman Sachs in 2008, right???

Another less obvious reason for the non-prosecutions is that with the massive deficit spending ($1.3B for fiscal 2012)it is the banks that the government needs to bring the debt offerings to the markets. Go take the time to look at who the primary dealers are. All very familiar names. These are the firms that make possible both deficit spending and the rollover of existing Federal debt that is outstanding. Without their cooperation in financing the federal debt the Federal government would collapse in less than 24 hours.

And do you know that some states are using the Fraudclosuregate funds to bail out their sagging pension funds??? 😀

The fix is in, my friends. It is part and parcel of the two-party system that works together to screw you. Until there are limits to corporate political contributions and we get a viable third party that affords some choice in our elections – you might as well get used to bending over.