What would Republicans like Pennsylvania Senator Pat Toomey do with the Social Security Trust Fund?
How about giving the SS Trust Fund to Lloyd Blankfein to privatize and then say “Obama made me do it.”
After all Senator Toomey helped set the world up for the global financial crisis of 2007:
"While serving on the House Banking Committee, Toomey, in 1999, helped write House Resolution 10, which led to the repeal of parts of the Depression-era Glass-Steagall Act.[5][6] The repeal of the Act, which had regulated the separation of banks and investment firms, allowed the creation of huge companies that combined banking and investment operations. President Barack Obama and others have pointed to the repeal of Glass-Steagall as a significant cause of the current global financial crisis, on the grounds that it opened up the door for the financial sector to form so-called too big to fail financial services giants like AIG.[6] "
FROM:
Pat Toomey-Wikipedia, the free encyclopedia
President Obama and Eric Holder should have moved to arrest Lloyd Blankfein, James Cayne, Angelo R. Mozilo and the other banksters for setting up a mortgage backed securities financial crisis and then short-selling them for enormous profits. The Department of Justice incitements of banksters would have made a clear separation between Republicans and Democrats. And what did George W Bush’s Former Treasury Secretary and former Goldman Sachs CEO Hank Paulson know and when did he know it?
BUT:
“Now we’re witnessing another round of this shameful routine. President Obama and Attorney General Eric Holder Jr. have said they would hold Wall Street accountable for the crash, warning “unscrupulous executives,” in Holder’s words, that “we will investigate you, we will prosecute you, and we will incarcerate you.” But despite fraud on a scale possibly unmatched in history, the Justice Department has not charged a single executive or firm.”
From:
Break the Banks
The banks, say three federal judges, are getting ‘a free ride.’ The justice is ‘half baked.’
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