How can the Government re-establish
trust in the economy?
The public, Americans don't feel safe.
The financial intuitions have shown by
their actions in the toxic sub-prime paper
and usury interest rates they are not
to be trusted, they have and are currently
involved in criminal activities sanctioned by the
Wall street Lobbyists have gifted to congress
$5,000,000,000.00 Billion USA.
American public have seen these criminal banks
buy congressmen and influence regulators and even
consumer protection laws to the publics detriment.
Regulators across America have failed the tax payer
in favor of big business.
Even as I type this FAA is refusing to institute
laws requiring reporting bird strikes at American airports.
They even refuse to report the voluntary reporting
of bird strikes for individual airports in America.
The Banking corps were able to buy their way into
changing laws to protect the systemic risks in our
economic system, repealing the Glass Segal act,
preventing Banks from infecting Wall Street with this
toxic sub-prime paper leading to the current world
Then we see the Federal Government prosecuting these
criminals but giving then a bailout, without any over
sight. Leading to the million dollar bonuses for these
When the ownership of congress by these criminal banking
corps is ended, then we will see an improvement in the
Trust of Wall St. and the Federal Government.
The small banks have even been tainted by the actions
of a few huge banking corps that have lead the charge
in the sale of sub-prime paper, and 33% criminal interest
rates charged by these criminal banking corps and shielded
by States without ( Delaware ) consumer protection laws and
the illegal interest rates by a Federal Agency the comptroller
of the currency.
this also impacts the worlds Trust of America and the value
of the Dollar and Treasury bonds.
Concrete methods to reestablish trust would include limiting
lobbyist contributions to congress to 1/10 th of current levels.
Firing the criminal comptroller of the currency.
Penalizing states that have weak or no consumer protection laws.
Prosecution of loan sharks that charge usury interest rates,
Prosecution of CEO's that knowingly sold toxic sub-prime paper.
And re instating of Glass Segal act, and repeal of bankruptcy
laws that allow pursuit of the Banks victims past even death,
Regulating hedge funds and all derivatives.
And firing the head of FAA, and mandatory reporting of bird strikes
and reporting stats for individual air ports for public safety.