November 24, 2014
by John Lawrence
Wall Street Fraud on a Massive Basis
By John Lawrence
In an article in Rolling Stone, Matt Taibbi lays out the case involving massive fraud on the part of JP Morgan Chase, one of Wall Street’s biggest and un-finest banks, considered too big to fail and, evidently, too big to prosecute for the massive criminality it is guilty of. It has been well documented what they and other Wall Street banks did that caused the financial crisis of 2008.
First, their counterparts lured everyone with a beating heart into their offices and gave them a mortgage regardless of their credit score, regardless of whether or not they were working, regardless of whether they could even afford to make a mortgage payment. Countrywide is the prime example of the predatory recruitment of low income people in order to turn them into homeowners despite their inability to pay.
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November 24, 2014
by Ernie McCray
By Ernie McCray
I found myself, a day or so ago, kind of tearing up, thinking about a passage I had read in “Just Mercy,” a story of justice and redemption, or better yet, the lack thereof.
Bryan Stephenson, the author of this incredibly revealing narrative about the inequities in our justice system, says, concerning a man who was less than a day away from being executed unbelievably wrongfully, “Why do we want to kill all the broken people? What is wrong with us, that we think a thing like that?”
I’d say that we can entertain such thinking because we have no real values of any substance to guide us as a society. Oh we have documents that say we’re high on freedom of speech and freedom of religion and so on and so on and we sing:
America! America! God shed his grace on thee,
And crown thy good with brotherhood
from sea to shining sea.
But do we really honor such thinking? Not by a long-shot.
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