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Black, unfortunately, remains a voice crying in the wilderness.  I don't like a crash, but I believe that proceeding with a thoroughly corrupted system is worse.  We have marginalized our entire civilization to the point where every significant choice is between two evils.  But without prosecutions, we can suffer through a crash and gain nothing, because the same folks will be in control coming out as were going in.
by rifek on Thu Jul 14th, 2011 at 09:11:49 AM EST
[ Parent ]
Having the heads of Jamie Dimon, Lloyd Blankfein, Tim Giethner, Hank Paulson, Ben Bernanke and over half of our elected representatives displayed on spikes attached to light posts or buildings might substitute for appropriate prosecution. Yves Smith reported over a year ago on conversations amongst some knowledgeable New Yorker's as to whose head was likely to be the first to be on a pike.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Jul 14th, 2011 at 10:24:35 AM EST
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