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Please begin with an informative title:

I've been following the unfolding massive financial catastrophe resulting from the looting of the nation's coffers by Wall Street criminals since at least 2006, way before the 2008 banking implosion.

As just a regular guy, with no advanced degree in economics, by 2006 and 2007 I already suspected what was going on; a suspicion that was confirmed when one of the most notorious Wall Street bagmen, former Treasury Secretary, Henry Paulson, drafted a 3-page ransom letter, or should I say, request to Congress for $700 billion, no questions asked.  

Back then, as a small business/technology consultant, I had quite a few real estate-related companies as customers, and got a glimpse at the volume of no-doc mortgage loans.  Many a time I would be at a customer's office, I would listen to the staff talk to prospective clients about ways to make their loans applications go through: "In your application it shows that you're making $10,000 a month as a retail worker at [such and such store].  That may generate a red flag when the application is reviewed; maybe we can change your employment to [this or that]."

That was pretty shocking to see, and it seems like everybody was doing it.  In those times, I had quite a few customers in real estate, and I overheard similar conversations in every office I visited.

That got me curious, and I started reading and doing some research about derivatives, and collateralized mortgage obligations, and complex investment products in the mortgage industry.

I quickly came up to my own conclusions, and it didn't take that much effort: Wall Street, at the highest levels had devised the latest fraud (in their long sullied history), with full intent, and knowledge that what they were doing was criminal.

They hired top scientists, statisticians, mathematicians, and other top minds to devise the scam, which in the final analysis was proven to be just another version of a Ponzi scheme.

At the top of the food chain you had the complex investment products, CMOs, etc.  From there, they infected the entire mortgage industry: The goal?  Generate as many loans as possible, as fast and everybody in the chain of corruption will make money (while the fraud lasted).  The mortgage and real estate brokers made money; the banks make money by repackaging the loans and selling them off to unsuspecting investors worldwide, all approved by rating agencies on the take.

But the ones that made the most money were the top executives from Wall Street global firms, as well as brokers and others linked to the system.  It was all about the fees generated from the volume of collateralized mortgage loans.

By then, they had already infiltrated and corrupted our entire government, including the Justice Department, and the regulatory agencies, like the SEC.

So that's a little bit of the background about the wholesale criminality committed by easily-identifiable top Wall Street executives, and the truly horrific and disastrous consequences they caused on our society, and the world economy.

Throughout these ensuing years, I've been in total dismay, frustrated, angry, about the obvious cover-up of these crimes by the Obama administration.

I've tried to make sense of something that doesn't make any sense; trying to find an answer, an explanation.  This man, Obama, whom I've supported and believed in, and campaigned for, seems to be protecting these criminals.  How is that possible?  Why?

As I try to find answers, one kind of crazy idea keep popping up in my head... It goes like this: He knows what's going on; he fully understands the level of corruption, how endemic it is, and how widespread it is in the entire system.  And he came to the realization that he needed a long-term strategy to properly address the issue.

When he took over, the economy was heading towards another Great Depression, so he focused his energy on avoiding that, while at the same time, started working on reestablishing a proper regulatory infrastructure.

He quickly realized that given the political divisions in our society, and the precarious condition of the financial system, that if he went after Wall Street criminals too soon, they could, and would, with the "turn off a switch" bring about a cataclysmic and sudden collapse of the entire financial system--at once.  And that if that happened, he would be powerless to do much about it, bringing down his presidency, and any prospect of economic recovery.

You have to understand something... These folks, these top Wall Street executives are megalomaniacal psychopathic sadistic monsters.  But that's true of any tyrant in history.  Either way, as a group, they know they committed multiple crimes that could land them in prison for many years.

So my take is that they, through their web of officials on the take throughout the government, made it clear that if the government went after them, this could further destabilize the financial system and bring the whole thing down.  In other words, they inextricably linked themselves (personally) to the too-big-to-fail financial institutions they were leading.

I've been considering this theory because the other, more plausible, is too painful to consider: that Obama is in on it; that he knows he is protecting these criminals.

But I always end up discounting it because it seems too complicated; too outlandish.  Until tonight, when I watched the PBS FRONTLINE documentary THE UNTOUCHABLES: FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages.

FRONTLINE: You gave a speech before the New York Bar Association. You talked about your use of nonprosecution and deferred prosecution agreements. And in that speech, you made a reference to “losing sleep at night over worrying about what a lawsuit might result in at a large financial institution.” Is that really the job of a prosecutor, to worry about anything other than simply pursuing justice?

Lanny Breuer: I think I am pursuing justice. And I think the whole entire responsibility of the department is to pursue justice. But in any given case, I think I and prosecutors around the country, being responsible, should speak to regulators, should speak to experts, because if I bring a case against institution A, and as a result of bringing that case there’s some huge economic effect, it affects the economy so that employees who had nothing to do with the wrongdoing of the company –

FRONTLINE: Or shareholders.

Lanny Breuer: Well, first let’s talk about the employees. Employees may lose their jobs. Shareholders may or may not lose, and shareholders invested. But the employees perhaps did something different.

If it creates a ripple effect so that suddenly counterparties and other financial institutions or other companies that had nothing to do with this are affected badly, it’s a factor we need to know and understand.

We have, as a government and as an administration, dug out of one of the great financial crises in the world. And at the Department of Justice, we’re being aggressive, but we should in fact take into consideration what the experts tell us.

That doesn’t mean we won’t go forward, but it has to be a factor. And if you look at deferred prosecution agreements and nonprosecution agreements, they are a tool that we use in appropriate cases. And we have to continue to use those.

I have to tell you, when I saw this man saying this, my jaw dropped to the floor!  The suspicion I've harbor for years--one that I though to be unlikely true--was fully confirmed right there in that moment.  These Wall Street criminals have taken the entire country hostage, and Obama paid the ransom.

If this is proven to be true; if history confirms this as a fact, then this would have been one of the most shameful chapters in our nation's history.

I do understand one thing: As a regular guy, there is nothing more I want now, and have wanted for the last few years, than to see these motherfucker Wall Street criminals be hauled up, hand-cuffed, doing a perp walk in front of the whole world to see, and prosecuted, convicted, and sentenced to long prison terms.

But what do you do if you are the president?  What if has weighted in all the factors and came to understand that as unsavory as his decision to look the other way (and actually participate in the protection of these heinous criminals) means that millions and millions of people will be protected against a sudden and massive financial collapse?

I don't know what's in his mind... But we will come to understand the true meaning about why you should never negotiate with terrorists.  These men, these Wall Street criminals are financial terrorists, the kind of which the world has never seen before; true monsters.  They need to be punished!

Now, regardless of his true motives, the plain and clear cover-up and protection of these criminals has only made our situation worst, and it has only delayed the true day of reckoning.

There are lots of investigative reports insinuating that to this day banks are lying about their books, and continue to commit massive fraud: The Atlantic The Atlantic - What's Inside America's Banks?

Some four years after the 2008 financial crisis, public trust in banks is as low as ever. Sophisticated investors describe big banks as “black boxes” that may still be concealing enormous risks—the sort that could again take down the economy. A close investigation of a supposedly conservative bank’s financial records uncovers the reason for these fears—and points the way toward urgent reforms.
Even thought the corporate-owned American misinformation machine, the mainstream media is trying to ignore the impact of this documentary, THE UNTOUCHABLES, I think their efforts will not be successful.  This true piece of journalism is a watershed moment in our history.

During his inaugural address the president asked us to join him, to help him move the country forward.

Mr. President, we are answering your call.  People across this entire country are going to do everything they can to help you find the support you need to bring these criminals to justice.  Right now, there is no other agenda, nothing at all more important than to ratify the concept that we are a nation of laws, that there are not two separate legal systems, one for regular folks, people like Aaron Swartz, and one for rich fucks.

We need to drain this putrid swamp of corruption in our financial system.  Until we do, everything else is secondary.





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