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Forum Post: Sue the Government for Failure to Prosecute? Proper response to an 8.5 billion dollar joke settlement?

Posted 5 years ago on Jan. 8, 2013, 2:43 p.m. EST by DKAtoday (33496) from Coon Rapids, MN
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Not even 1/10 of the damage caused by admitted criminal practices of the Banksters - practices which they have to date continued - practices which are admittedly illegal have always been illegal and remain illegal. The government has given the Banksters another pass with a slap on the wrist. http://www.nakedcapitalism.com/2013/01/8-5-billion-foreclosure-fraud-settlement-yet-another-loss-for-homeowners-touted-as-a-victory.html

The People need to push these issues to proper resolution =


These practices - were admitted as illegal by the banks and everyone involved in coming up with this cheesy limp settlement. The practices are still ongoing from the period just settled on 2009 - 2010 (?) - correct?

This leaves the banksters open for further recompense and penalties since they continue to break the law - in the exact same fashion as they just plead guilty to with assurance that those practices would be stopped - that would mean going forward from 2010 - Right? - So they are open and defenseless for continuing illegal practices beyond 2010 - to the present day.

ALSO - another bone of contention - AIG who colluded to fraud - now on the MSM making announcement that they are back in operation and are here to assure that they insure - what they fraudulently covered in the past - WALLSTREET - They have not been made whole and clean by any action - and yet now they are back claiming to be angles.

PEOPLE - WTFU - get your money out of WALLSTREET and the MEGA MONSTERS.



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[-] 3 points by DKAtoday (33496) from Coon Rapids, MN 5 years ago

BTW - Starve the mega monsters - close your accounts - cut up your credit cards - practice cash and carry.

People - you have the power to make the fundamental change for the better in all things.

Participate in the good - have nothing to do with the bad.

Your individual actions - ARE - IMPORTANT - MEANINGFUL.

[-] 2 points by inclusionman (7064) 5 years ago

That settlement like all the other settlements are insultingly inadequate. Never includes jail for the perpetrators and never includes compensation directly to foreclosed homeowners. The banks should be nationalized and made to pay the working class consumers victimized by their crimes.

[-] 1 points by DKAtoday (33496) from Coon Rapids, MN 5 years ago

I am not really caring about settlements so much as effecting change - part of the change ( enforcing laws on the books included ) would be to see real penalties placed into effect - no more cost of business wrist slapping. But the main thing is to force the enforcement of the law - like usury - it is illegal - it is on the books - it is not enforced.

[-] 1 points by inclusionman (7064) 5 years ago

I know that "usury" used to be illegal, but I didn't think it was anymore. The existing no limit 29.99% rates create indentured servitude. I support usury laws and breaking the grip ofthe lenders over the working class.

[-] 2 points by DKAtoday (33496) from Coon Rapids, MN 5 years ago

It has been given a new name - not the law - the practice of usury - but a pile of shit by any other name is Still a pile of shit. Blind eye is quite prevalent in the legal systems of society today.

[-] 1 points by inclusionman (7064) 5 years ago

Well the "usury" is a major element of keeping the masses quiet and submissive. More working class would be willing to speak up, against corporations if they weren't worried about losing jobs, missing payments, bad credit, foreclosure. A well thought out system of oppression. They have us hog tied.

[-] 1 points by DKAtoday (33496) from Coon Rapids, MN 5 years ago

Till everyone wakes up and says - OH HELL NO - NOT ANY MORE. The people have so much untapped power/potential - makes me sick to realize that they are unaware - as of this point in time.