Over four long years ago, the Wall Streeters, those savvy Bankster CEO's, destroyed our economy; none of whom have seen a jail cell, none have even been charged with criminal activity or stood trial for same.
So when I read the at huffpo that the DOJ warns that spending cuts will hamper its ability to investigate Wall Street fraud, it raises many questions.
The Federal Bureau of Investigations told lawmakers in a recent letter that across-the-board cuts resulting from sequestration "will cause current financial crimes investigations to slow as workload is spread among a reduced workforce. In some instances, such delays could affect the timely interviews of witnesses and collection of evidence."
timely interviews of witnesses and collection of evidence?
What could be timely, four years later? What new major FBI investigations? We haven't had any old major FBI financial crime investigations, have we?
Did some Wall St CEO get secretly indicted in the past 4 years, and the American people do not know about it?
The capacity to undertake new major investigations will be constrained," FBI Director Robert Mueller stated.
"Left unchecked, fraud and malfeasance in the financial, securities, and related industries could hurt the integrity of U.S. markets," Mueller offered. "In addition, the public will perceive the FBI as less capable of aggressively and actively investigating financial fraud and public corruption, which would undercut the deterrence that comes from strong enforcement."
How could the FBI be any less aggressive in investigating financial crimes?
We already know left unchecked, don't we, that "fraud and malfeasance in the financial, securities, and related industries could hurt "the integrity of U.S. market"
But more important, not only the US market, but citizens in the US who have been dealing with the results of Wall Street"s conduct and their taxpayer bail-out, many still really struggling during these hard times.
We have all lived through these past 4 years, many of us crying out for criminal investigations, waiting for the DOJ to step up to the plate. If ever a citizens grand jury has been needed, it has been during these times.
We all know that the CEO's, those masters of the universe, those doing God's work, those savvy businessmen have been given a pass by the DOJ, don't we?
Former Rep. Brad Miller (D-N.C.), a Wall Street critic who was considered to lead that unit before being passed over, was unpersuaded by the DOJ complaint.
"Are they worried that because of sequestration the FBI will interview critical witnesses three years after the statute of limitations has expired instead of just one year?
Financial fraud investigations were already under a 'do not resuscitate' order and unresponsive to deep stimulation," Miller told HuffPost. "It's hard for me to worry that DOJ will now be less 'aggressive.'"