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View Diary: Wm. Daley Says it is not the President's Job to Prosecute Wall St. - It's Hollywood's. (266 comments)

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  •  Well, here's some circumstancial evidence. (7+ / 0-)

    A)  Obama is POTUS, and in charge of the entire executive branch of government.

    B) DOJ is part of the executive branch.  They are in charge of prosecuting crimes.

    C) with the caveat that I'm no attorney, I'm reasonably certain that widespread fraud resulting in the acquisition of at least 1.5 TRILLION dollars from the American taxpayers violates at least a couple of our laws.

    D) The DOJ is not prosecuting them, and therefore derelict in their duty of enforcing the law.

    E) It therefore falls to POTUS to either direct them to prosecute, or appoint an AG who will do his job.

    F) Obama has done neither, and is therefore ultimately responsible for allowing the biggest heist in the history of the world to go unpunished.

    "orchestrated" was a rhetorical flower, i admit it.  Maybe he actively told the DOJ not to prosecute.  We have no way of knowing that, as that sort of thing isn't generally made public; so that line of thinking is, as you correctly pointed out, devoid of hard evidence.

    However, it is certainly not a stretch to say that Obama is at the very least passively allowing the financial giants to get away with, and even reap huge rewards from, their crimes.

    They didn't take baby steps when they saved the Rich.

    by Whimsical Rapscallion on Tue Mar 08, 2011 at 09:09:10 AM PST

    [ Parent ]

    •  But he's just one man! (7+ / 0-)

      Granted, one man at the top of the most powerful entity that ever existed, but still....hidden forces, looking forward not back, he's not a king,  blah blah blah.

      A powerful and righteous man...who has no power and has no choice but to give in to the enemies of what's right.  What pretzles are the minds of these rationalizers.

      If your issue is still Democrat vs. Republican, you've been punked by the Oligarchy.

      by MrJayTee on Tue Mar 08, 2011 at 09:39:51 AM PST

      [ Parent ]

    •  (C) is supported by the FCIC report (3+ / 0-)

      Financial Crisis Inquiry Commission, for those who have forgotten.

      Read pp. 1-7 of Krugman's _The Great Unraveling_ (available from Google Books). NOW.

      by neroden on Tue Mar 08, 2011 at 10:05:01 AM PST

      [ Parent ]

    •  Can't provide proof (1+ / 0-)
      Recommended by:

      Of course.

      Hyperbole.  You guys thrive on it.

      "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" - MLK

      by edwardssl on Tue Mar 08, 2011 at 11:11:09 AM PST

      [ Parent ]

      •  What part of the in the FCIC report do you (1+ / 0-)
        Recommended by:
        Whimsical Rapscallion

        need to see?  you are amazing.

        The bipartisan panel appointed by Congress to investigate the financial crisis has concluded that several financial industry figures appear to have broken the law and has referred multiple cases to state or federal authorities for potential prosecution, according to two sources directly involved in the deliberations.

        The sources, who spoke on condition they not be named, declined to identify the people implicated or the names of their institutions. But they characterized the panel's decision to make referrals to prosecutors as a significant escalation in the government's response to the financial crisis. The panel plans to release its final report in Washington on Thursday morning.

        In the three years since major lenders teetered on the brink of collapse, prompting huge taxpayer rescues and amplifying an already painful recession into the most punishing downturn since the Depression, public indignation has swelled while few people who played prominent roles in the crisis have faced legal consequences.

        That may be about to change. According to the law that created the Financial Crisis Inquiry Commission, the panel has a responsibility to refer for prosecution any evidence of lawbreaking. The offices that have received the referrals -- the Justice Department, state attorneys general, and perhaps both -- must now determine whether to prosecute cases and, if so, whether to pursue criminal or civil charges.

        Read the report here, only do us all a favor.  Stop telling us bullshit.

        “I hope the two wings of the Democratic Party may flap together.” William Jennings Bryan

        by Badabing on Tue Mar 08, 2011 at 12:02:46 PM PST

        [ Parent ]

      •  So what? (0+ / 0-)

        you can't prove the sky is blue.

        They didn't take baby steps when they saved the Rich.

        by Whimsical Rapscallion on Wed Mar 09, 2011 at 08:10:30 AM PST

        [ Parent ]

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