Republic of Men Rather Than Laws: The consequences of giving Bush/Cheney crimes a pass

[Karmadillo]

http://www.ianwelsh.net/republic-of-men-rather-than-laws/#comments

Republic of Men Rather Than Laws
2010 October 1
by Ian Welsh

A friend of mine notes the wave of fraudulent foreclosures, foreclosures where firms simply faked the paperwork needed to prove they have standing to foreclose (that they actually own the mortgage.) There have been some moves to stem the fraud, not the least of which is by Florida’s Attorney General Bill McCollum, but those who appear to be the worst offenders are firing back, going after him and other judges who have thrown out cases.

This is a logical consequence of refusing to go after banksters for fraud. The fraud was so systemic (the majority of CDOs based on housing) that virtually every major executive was involved. The DOJ and others chose not to prosecute criminally, and as a result the message was sent that the executive class, as a group, will not be prosecuted for fraud.

So, of course, they doubled down.

This is illness creep from the refusal to go after Bush era crimes. Political elites made themselves immune from prosecution for any crime that a lot of them are involved in, then corporate elites.

America isn’t a nation of laws, it is a nation of men. Has been since at least 2007, when Nancy made her choice not to go after wrongdoers. Obama confirmed this in 2009, when he refused to use the DOJ to go after either Bush era crimes or really go after mortgage and security fraud.

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[grasswire]

1. excellent

Kick, kick, kick.

[wildbilln864]

2. k&r! & thanks! nt

[grasswire]

3. from the article:

"Alan Grayson’s office provided a particularly troubling example, that of a counterfeited court summons. It’s bad enough that servicers and foreclosure mills are making up securitization-related paperwork out of whole cloth, but now court documents to seize someone’s home? This is lawlessness."

This is lawlessness.