Obama Prosecuting Fewer Financial Crimes Than Under Reagan or Either Bush

Obama Prosecuting Fewer Financial Crimes Than Under Reagan or Either Bush

Posted on November 16, 2011 by WashingtonsBlog

Ronald Reagan, George W. Bush, George H.W. Bush, and Clinton Each Prosecuted Financial Crime More Aggressively than Obama

Top economists and financial experts agree that our economy will never recover unless Wall Street fraud is prosecuted. See this and this.

But the government has more or less made it official policy not to prosecute fraud, and instead to do everything necessary to cover up for Wall Street.

Indeed, Business Insider writes today:

A new study out from Syracuse University shows that the number of federal prosecutions for fraud at financial institutions has been steadily decreasing since 1999. [via ThinkProgress]

Read More………

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3 Comments

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3 responses to “Obama Prosecuting Fewer Financial Crimes Than Under Reagan or Either Bush

  1. I agree we should be throwing all our weight in prosecuting the criminals not only in Wall Street, but the Banks who destroyed our economy with their GREED!

    The SEC who are the ones who should be policing Wall Street and the Banks have been in bed with the very same folks who they should be investigating. This has been going on for decades now and is nothing new here. You have Bankers and Wall Street people being employed by SEC and SEC people who quit and work for the Banks and Wall Street.

    This is one of the reasons why we have the Occupy Wall Street protesters complaining about.

    I’m so glad that you [Richard] are now joining us for MORE REGULATIONS on the Banks and Wall Street to prevent any more influence and GREED to repeat the very same mistakes that have caused this country to suffer from it’s worse economic disaster since the Great Depression.

    My GOD! Richard, are you becoming a fellow Socialist like myself? Well done for bringing up the fact that GREED is the reason why this country has fallen on it’s knees.

    Frank

  2. carpentersville

    “I’m so glad that you [Richard] are now joining us for MORE REGULATIONS on the Banks and Wall Street to prevent any more influence and GREED”

    That’s why OWS is a Joke! It should be OCCUPY White House and Capital Hill, Protesting the symptoms aren’t going to fix anything. Protesting the Cause is how You Fix Stuff.

    That’s basic FA/CA Failure Analysis / Corrective Action. The Military uses that philosophy everyday.

    Richard

  3. Get real Richard! People have a right to protest where they want and if it’s Wall Street or any City and Village so be it.

    That’s basic FA/CA Failure Analysis / Corrective Action. The Military uses that philosophy everyday.

    Whatever richard, but the Military can fuck things up if left to their own devices, that’s why the Military is under civilian control in America.

    Frank

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