01-02-2019, 10:06 AM
(01-01-2019, 10:24 PM)pbrower2a Wrote: > The fraudulent securities were hitting the market while Dubya was
> President
Nobody even admitted that crimes were being committed until around
2009. I wrote about it in 2010:
** Financial Crisis Inquiry hearings provide 'smoking gun' evidence of widespread criminal fraud
** http://www.generationaldynamics.com/pg/w...100414.htm
After I wrote this article, I was absolutely certain that there would
be criminal prosecutions. It's still shocking to me that these
bankers got away with these massive crimes.
If you're trying to convince me that Republicans are as corrupt as
Democrats, it has nothing to do with party. Peter Schweizer, who used
to be Breitbart senior editor, wrote a book a few years ago about the
massive corruption by both parties in Congress.
It's not about political party. It's about generation. Speaking
generally, Boomers are honest and Gen-Xers are crooks, including
Obama. Even today, all or almost all of the indictments from the
special prosecuter have been Gen-Xers, because Gen-Xers are crooks,
while Trump himself has (so far) escaped this huge tidal wave of
vitriolic attacks of all kinds because he's a Boomer, hence honest.
Here's what I wrote in 2016:
Things started changing around 2000 with the rise of Generation-X,
reacting to the excesses of the Boomer generation that grew up after
the war. While the Boomers passively accepted the values of the
Silent generation, the Gen-Xers, and the Millennials in the generation
that followed were openly contemptuous of those values, and considered
people in the Silent and GI generations to be full of crap.
We've already had one major national disaster: Generation-Xers who
became "financial engineers" in the 1990s, and used their skills to
knowingly create trillions of dollars in phony synthetic securities,
and knowingly defrauded investors, thinking they were screwing their
fathers' generation. People were defrauded of trillions of dollars,
causing millions of people to lose their homes and jobs and savings.
And worse, President Obama and other Gen-Xers don't even seem to care
about this, as not a single one of these criminals has been
prosecuted, leaving them with their fraudulent winnings and able to
defraud other people.
By contrast, President Bush #1 and President Clinton reacted to the
Savings and Loan crisis by prosecuting thousands of bankers.
President Bush #2 reacted to the Enron scandal by prosecuting several
top managers. But President Obama has prosecuted nobody. Things have
changed with the new generation of politicians. That's why, for ten
years, I've been writing about the destructiveness and
self-destructiveness of Generation-X, and the worst is yet to come.
** 7-Mar-16 World View -- EU and Turkey summit in Brussels to discuss refugees, as number of women and children surges
** http://www.generationaldynamics.com/pg/x...tm#e160307
