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Our Children Will Forever Pay For George Bush's War Crimes.
I wonder if we’ll see the day when George Bush and Dick Cheney will be prosecuted for their war crimes?
I wonder if the lies and the fraud that were used to send our nation’s men and women into a pillaging war of conquest will ever be accounted for?
I wonder if this generation of Americans will wake up and hold the war profiteers accountable for ransacking our nation’s treasury and wasting away all that our nation had saved?
I wonder if the chickenhawks, those cowards who never served in uniform and have no idea what the real honor of our nation’s military history is will ever be accountable?
I know we can never repay the debts that we all owe to the men and women who served their country in uniform….
You won’t see this reported in American media…but the cost of Bush’s wars is $6 Trillion…:
The fresh calculation – which includes the cost of spiralling veterans’ care bills and the future interest on war loans – paints a grim picture of how America’s future at home and abroad has been mortgaged to the two conflicts entered into by George W Bush in 2001 and 2003.
“There will be no peace dividend,” is the stark conclusion from the 22-page report from the Kennedy School of Government, “and the legacy of Iraq and Afghanistan wars will be costs that persist for decades.”
The report comes as the US prepares for a final withdrawal from Afghanistan, a move that Barack Obama trumpeted in his State of the Union address as a sign that America was finally moving forward after a sapping decade of war.
However the working paper by Professor Linda J. Bilmes makes clear that the true legacy the two conflicts – which have cost $2 trillion in actual outlays so far – have not yet even begun to be appreciated.
“There’s a sense that we are turning the corner, but unfortunately, the legacy of these wars, because of decision about the way we fought and funded these wars, means we will be paying the costs for a long time to come,” Prof Bilmes said in an interview with The Daily Telegraph. “We may be mentally turning the page, but we are certainly not from a budgetary and financial perspective.”
.[W]hen exposed, it revealed its true corporate character by denying any obligation to correct its past transgressions and mounting a legal assault to ensure it never had to. Read more at http://www.nakedcapitalism.com/2013/04/wells-fargos-reprehensible-foreclosure-abuses-prove-incompetence-and-collusion-of-occ.html#eoiU5DEZfKx1WcDg.99
Two bankruptcy cases in Louisiana that have revealed systematic, persistent foreclosure abuses by Wells Fargo have gotten enough media attention that it is inconceivable that banking regulators don’t know about them. The lack of any intervention, or even so much as a throat-clearing by the Office of the Comptroller of the Currency is yet another proof of how the regulator apparently sees its role as fronting for banks rather than enforcing rules.
This story is back in the news thanks to an appeals court smackdown of Wells, which has engaged in a long-standing war of attrition with one of the plaintiffs, a Michael Jones. The reason for the appeal was that the bank was fighting the judge’s imposition of punitive damages of $3.1 million for Wells’ “reprehensible” conduct.
We wrote about the underlying case a year ago. Bankruptcy judge, Elizabeth Magner of the Eastern District of Louisiana, had found Wells Fargo guilty of egregious foreclosure abuses in a 2007 case, Jones v. Wells Fargo. In it, the bank admitted that the types of overcharges it made in bankruptcy cases were “part of its normal course of conduct, practiced in perhaps thousands of cases.” The judge awarded damages and recovery of attorney fees on top of repayment of the impermissible charges, and ordered the bank to fix its accounting.
Fast forward four months, and another case appears in Mangers’s court with the same sort of verboten charges, proving that Wells has not taken the required corrective measures
At a reported $4 million a year, much of Breuer's salary will have been earned at the expense of not prosecuting justice.
One of the more disgusting examples of the close partnership between the corporations and banks that are robbing and foreclosing and abusing Americans and the government that was supposed to protect us.
Another example of why there is no help to Americans facing foreclosure, no one to explain the steps to foreclosure or how to stop foreclosure.
No banker has gone to jail, and this illustrates exactly why:
This isn’t just a revolving door; one can argue it’s a dereliction of legal responsibility by an employee of the people of the United States. One can proffer that it’s a cash-in career move by a resume climber who was careful not to bite the hands that will write the checks that will feed him on a lavish scale.
BuzzFlash at Truthout has written more than fifteen commentaries on the failure to prosecute Wall Street execs in recent months. These include: “Consigliere Lanny Breuer, Head of the DOJ Criminal Division, Leaves Without Prosecuting One Made Man on Wall Street” ; and “The Covington & Burling Trio Overseeing the Department of Justice Criminal Division: An Injustice.”
Breuer isn’t the least bit sheepish about grabbing the brass ring after failing to hold those responsible for nearly sinking the economy criminally accountable. According to the website Main Justice,
Breuer said that he will also maintain his white collar clients, which he hope to grow following his stint as the Criminal Division’s longest-serving leader in recent history. Moving forward, he expects to have individual and corporate clients in areas such as foreign bribery, money laundering, export control and securities law and whistle blower cases.
Breuer has spent a combined total of approximately two decades at Covington & Burling.
According the Corporate Crime Reporter:
At Covington, Breuer will work with a corporate criminal defense team that includes:
Robert Amaee, the former Head of Anti-Corruption and Head of Proceeds of Crime at the UK Serious Fraud Office.
Bruce Baird, former Chief of the Securities and Commodities Fraud Task Force in the U.S. Attorney’s Office for the Southern District of New York.
Tom Barnett and Deborah Garza, both a former Assistant Attorney General in charge of the Antitrust Division.
Michael Chertoff, himself a former Assistant Attorney General for the Criminal Division before becoming Secretary for Homeland Security.
Steve Fagell, former Deputy Chief of Staff and Counselor in the Criminal Division.
Jim Garland, former Deputy Chief of Staff and Counselor to Attorney General Eric Holder.
Nancy Kestenbaum and Lynn Neils, both former Chiefs of the General Crimes Unit of the U.S. Attorney’s Office for the Southern District of New York.
Ethan Posner and Jean Veta, both former Deputy Associate Attorneys General.
Alan Vinegrad, former U.S. Attorney for the Eastern District of New York.
And numerous other former federal prosecutors and enforcement officials, including Stephen Anthony, David Bayless, Casey Cooper, Haywood Gilliam, Geoffrey Hobart, and Simone Ross.
Criticism of Breuer’s exit through the revolving door came quickly from Dennis Kelleher, a former partner at Skadden Arps in Washington, D.C., and currently president of the public interest group Better Markets.
Kelleher told Corporate Crime Reporter that “nothing is more corrosive to the American people’s trust in government than the revolving door where too many officials turn their so-called public service into multi-million dollar riches unimaginable to most Americans.”
“This blatant cashing-in is destroying faith in government and government officials,” Kelleher said.
“Lanny Breuer’s spinning through it is only the latest example: partner at big DC law firm representing corporate clients before the Department, then becomes a senior official at the Department making decisions whether or not to prosecute those same or similar corporate clients, then leaves to go back to private practice representing those same or similar corporate clients with legal issues before, bingo, the Department of Justice,” Kelleher said.
As we noted in one of our previous BuzzFlash at Truthout commentaries deploring the systemic injustice of people who use government service to raise their cash value in DC, this is quite possibly a crime against the American people for personal enrichment. We are certain Lanny Breuer would deny anything but the purest motives, and that is his right. As he told Main Justice: “So, I love the advocacy system. I’m a zealous advocate, and I look forward to being a zealous advocate for our [Covington & Burling] clients again.”
But BuzzFlash at Truthout has a different perspective. At a reported $4 million a year, much of Breuer’s salary will have been earned at the expense of not prosecuting justice.
And a lot of perps are riding around in chauffeured limousines because Lanny Breuer didn’t lift a finger to take away their keys. Now they are his clients again.
The Banks Do Not Want You To Discover....
Mortgages and Foreclosures Are Just Big Fat Pots of Money That The Industry Bleeds Dry of Money
Senator to Department of Justice- A SYSTEMATIC EFFORT BY THE BANKING INDUSTRY TO DOUBLE BILL UNDERWATER HOMEOWNERS IN FORECLOSURE
But in exchange for that $43 million, the New York Fed did something else for Bank of America. It agreed to testify on behalf of the bank in its legal battle against A.I.G. over fraud claims.
NYTIMES- The Federal Government, Conspiring To Provide Testimony to A Criminal Banking Organization….
Well not exactly the federal government, but one of its closest co conspirators in the campaign to steal trillions of dollars from every man, woman and child in the United States of America.
Can you imagine, a secret agreement wherein the massive power of the federal government, enters an agreement to testify on behalf of a TARGET of investigations.
Notice I said ON BEHALF OF….NOT AGAINST…..ON BEHALF OF.
Well, as reported in the NYTimes, that’s precisely what occurred….terrifying really that this is the kind of power that can be wielded. Are the feds (or anyone in government for that matter, going to stand up and testify on behalf of any of the patriots or protesters who dare to challenge or confront all the criminality, the terror, the fraud that is being committed by the government and its co conspirators?
Did the feds step in and lend Aaron Schwartz a helpful voice?
Did Florida’s government officials stand up and support the whistleblowers that provided evidence of banking crimes?
Has any government official provided any support or any testimony or any assitance whatsoever to any of the millions of Americans that are victimized by the banking crime spree that goes on unabated? Right….but just listen what they did for Bank of America:
TWO weeks ago, I wrote a column about a secret agreement struck in July 2012 by the Federal Reserve Bank of New York and Bank of America. The existence of the confidential deal was disclosed recently in court filings, which showed the New York Fed releasing Bank of America from all fraud claims on mortgage securities the Fed had bought as part of the government’s rescue of the American International Group in 2008.
Late on Thursday, a copy of the actual agreement came to light. It was filed by Bank of America in a California court that is hearing the matter of who owns those fraud claims — A.I.G. or the New York Fed. The agreement was also filed by the New York Fed in a related lawsuit in the Southern District of New York, where the New York Fed asked that the court keep the agreement under seal.