After you read this, you’ll think twice about voting for a failed Obama Administration.
p.s. Romney will not be any different.
HuffPO-
If a recent report is true the Justice Department will need a new name — and some of us will have to step up and admit we were wrong.
It was clear that the foreclosure fraud settlement which the Administration and most states reached with major US banks was a great deal for the big banks — and a lousy deal for the public. But some of us found reason to hope against hope that the settlement would be accompanied by real investigation of crooked bankers, after years of flim-flammery and disgraceful inaction by the Justice Department.
Not that we were entirely naïve. The Administration’s track record was poor. and even had a slight resonance of bad faith. when it came to prosecuting Wall Street criminality. So, speaking only for myself, that cautious support came with renewed pressure on the Administration to back its words with action.
Some of us knew that, pace Pete Townshend, we very well might get fooled again.
“The hypnotized never lie …”
Now it looks like we were — fooled again, that is. From a report published this weekend in the Huffington Post:
A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy is unlikely to lead to any criminal charges against big bank executives, according to a source close to the investigation.