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View Diary: NY Atty. Gen. Schneiderman LOVES Today's Mortgage Fraud Deal. UPDATED x3 Liz Warren Likes it Too! (261 comments)

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  •  Rachel does a brilliant job (as usual) ... (10+ / 0-)

    ... with a compare and contrast between today's announcement and the tobacco industry settlement of 1998:

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    •  I thought it was purile. (5+ / 0-)

      Yeah, the tobacco industry is just as important to the country as the banking industry.

      If you think you can destroy the banking industry without it having a negative effect on our already sputtering economy and the global economy for that matter, you're crazy.

      If she had compared it with the S&L cleanup, it might have made some sense, but then she couldn't have had footage of all those kewl kids carrying coffins.

      If Obama doesn't deserve credit for getting Bin Laden because he didn't pull the trigger, Bin Laden doesn't deserve the blame for 9-11 because he didn't fly the planes.

      by Bush Bites on Fri Feb 10, 2012 at 04:20:45 AM PST

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      •  Strawman alert. (2+ / 0-)
        Recommended by:
        Unit Zero, Reepicheep
        If you think you can destroy the banking industry without it having a negative effect on our already sputtering economy and the global economy for that matter, you're crazy.
        Nobody is proposing destroying the banking industry.  People are saying that individual banks who participated in criminal actions should be shut down, and their assets transferred to better actors.

        We need banks.  We don't need THESE banks, or any individual bank.  Too big to fail is too big to exist.

        -7.75 -4.67

        "Freedom's just another word for nothing left to lose."

        There are no Christians in foxholes.

        by Odysseus on Fri Feb 10, 2012 at 07:10:15 AM PST

        [ Parent ]

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