Is anybody listening? Maybe so.
“From the lenders to the processors to the robo-signers to those who took huge bonuses after being saved by TARP and yet were integral to this corrupt process, to the ratings agencies that checked off on it all, I've seen little or no justice at all. You mean to tell me that no one did anything wrong at Lehman? Can you honestly believe that no one at Countrywide has gotten in trouble with the authorities? How about the outrageous acts of the executives who ran Fannie and Freddie into the ground and made fortunes doing so?”
“Where are the indictments?”
The point about being pro or con is absolutely true, and we’ve seen lots of evidence of it recently. The dialog has begun and it will continue to expand to the “mainstream” media.
“So, am I pro Occupy Wall Street? If they were to embrace any parts of the issues I am talking about in any coherent fashion, you bet I am.
“Until they do, let's just say, who can blame them? There's plenty wrong with society right now. But can I join them? Not until I know exactly what they really stand for. If they stand for any of the issues I just described though, you bet I can.”
Thanks, Cramer. The “where-are-the-indictments” question may have been answered by Treasury Secretary Timothy Geithner.
“Dramatic enforcement actions” may be coming soon. Geithner said according to POLITICO.com. Is this a response to the movement? Perhaps. The Justice Department has been aware of the actions and the money trail associated with the meltdown of the 2008 for a long time. Here’s a link to Geithner’s remarks:
As we continue to progress and update, remember that the Occupation Movement has a higher favorable number (54%) than the President, the Congress, the Tea Party and most of the critics who have taken it upon themselves to pass judgment after only three weeks of action.
And thanks for the comments here and the ongoing Forum discussions. The quality of the dialog is gratifying, the policy statements appreciated.