tag:blogger.com,1999:blog-4413935813892441553.post6030920636752570204..comments2024-03-20T02:13:42.947-05:00Comments on real economics: The Corruption of American Christianity - and Resulting Destuction of CapitalismJonathan Larsonhttp://www.blogger.com/profile/05217670446743983955noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4413935813892441553.post-15034731951709412902011-04-27T14:27:00.478-05:002011-04-27T14:27:00.478-05:00In reference to the lack of justice against the ba...In reference to the lack of justice against the banksters of the Great Recession--I believe we have romanticized how the Pecora Commission was motivated morally to cleanse American financial markets.<br /><br />I imagine it was driven as a response to citizens running on the banks, they were forced to prosecute out of necessity to show the citizens the banks were once again trustworthy places to hold the family's life savings.<br /><br />With the Great Recession, there has been no bank run, which has allowed the banksters (with their media and regulator partners) to whistle as they pass the graveyard of our lost 401k and housing losses.<br /><br />They need more motivation before there will be 'need' for any accountability.Mikehttps://www.blogger.com/profile/05252804186064393926noreply@blogger.com