So...a socially conservative finacial commentator is on a crusade over mortgage fraud. Doing a heck of a job of it and drawing some attention...and he is looking out for people in the media and in the halls of power who are picking up on the issue and also making an effort to draw some attention to it....and finds some.
He finds a host on a liberal TV network interviewing a bank regulator turned in vestigative journalist:
http://market-ticker.org/akcs-www?post=167961
and then links us up to two of the more impassioned progressive members of Congress for backup:
http://market-ticker.org/akcs-www?post=167957
http://market-ticker.org/akcs-www?post=167936
I can see how Geithner and company want to keep all of this bad doodoo on the bank books and not seek any accurate marking oout of alledged equities. This mortgage fraud matter, if pursued and uncovered completely is going to make it very improbable that Fed Policy can keep the domestic economy afloat in any form that would be recognizable. But I don't see how they can keep it under the rug forever. It's likely trillions of dollars that never really were.
Where are McConnell and Boehner on this? Not to mention where are Palin and the whippersnapper Paul kid and Newt and the rest of the baggers?
I remain a Democrat only because of the likes of Al Franken and Alan Grayson....in spite or Raul Emanuel and Chris Dodd and Warren Buffet's personal Senator Nelson .
Are you baggers in favor of the justice and legal system going head long into this matter and clawing the money back (what's left of it.....of whatever there ever really was) and then locking up the perpertaors of it all.
Did you pick up on where it's mentioned that the S & L scandal, miniscule in comparisom to this debacle, resulted in over 1000 succesful prosecutions?
