In case you missed it, Charles Pierce has some thoughts on this thing we call “representative democracy.”
We are talking about voters who, by and large, vote against their own economic self-interest time and time again and who, quite honestly, are the biggest suckers in the history of representative democracy. They continue to support policies that render their states into third-world sweatshops for corporations headquartered thousands of miles away. They doom their kids to inadequate schools and themselves to the whims of free-market medicine. The problem, of course, is that the rest of us have to live with the consequences and, it should be noted, pay a fkload of the bills for it besides. You’re welcome, idiots.
Read more: Chris Wallace Gross Eric Cantor Over Congress Doing Nothing – Heartless Bastards – Esquire
By William K. Black
The Department of Justice’s (DOJ) latest civil suit against Bank of America (B of A) is an embarrassment of tragic proportions on multiple dimensions. In this version I explore “only” seven of its epic fails.
The two most obvious fails (except to the most of the media, which failed to mention either) are that the DOJ has once again refused to prosecute either the elite bankers or bank that committed what the DOJ describes as massive frauds and that the DOJ has refused to bring even a civil suit against the senior officers of the banks despite filing a complaint that alleges facts showing that those officers committed multiple felonies that made them wealthy by causing massive harm to others. Those two fails should have been the lead in every article about the civil suit.