“Responsibility remains so diffuse, and top executives so insulated that any misconduct could again be considered more a symptom of the institution’s culture than a result of the willful actions of any single individual.” -Eric Holder on why he “could not” prosecute anyone in the top echelons of the big banks. What a guy.
Bill Black is no ideologue. He is someone who is committed as far as I can tell to legitimate justice in massive system of financial fraud we know today as “banking.” No doubt he and I would disagree about the size and power of government generally and probably about the fundamental nature of money itself. However, he helped prosecute the case against bankers during the S&L crisis and he is extremely knowledgeable, not to say was also effective.
I think Daniel J. Mitchell sums things up very nicely here. I feel about the same way.
Japan, you gave us karate, Godzilla, walkmans (remember those?), sushi, Hello Kitty, and cars which didn’t fall apart. Though we fought you bitterly in World War II America came to love you more than any other country in the world with the exception of the United Kingdom (and maybe Australia, Canada doesn’t count). We hate to see you in your current straits. One, because we have a general affinity for the Land of the Rising Sun. But two, because we are riding the same bullet train here in the States, just a little further down the track.
That ought to make Americans feel better about their government. Why not just put razor wire on the fence. Then electrify it. Then mine the south lawn.
Net neutrality as the president defines it is Net control.
Tonight is a sad night for this country. Tonight President Obama is expected to declare his intention to unilaterally bypass the Congress of the United States – a Congress that was elected by the American people – to declare what is essentially “amnesty” or at least the beginnings of “amnesty” for illegal immigrants in the United States.