too-big-to-failToday’s Daily Socialist Propaganda should make my Republican “Friends” happy. Today I am going after President Obama and his Attorney General Eric Holder. I was livid reading what I have feared since the economic collapse in 2008 and even the repeal of Glass/Steagall in 1998 (under Clinton). When asked why there were no criminal charges brought against HSBC even though they were laundering money for Iran, Libya and Mexican drug lords AG Holder said “I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy,” and then said “And I think that is a function of the fact that some of these institutions have become too large”.

I obviously have made the wrong career choice, and people called John Gotti the “Teflon Don” and he was convicted with less proof against him. A recent Bloomberg News report said that Wall Street Big Banks are getting about $83 B a year in government subsidies. Do you know that the “sequester” cuts come to a total of approximately $85 B? Yes, once again the average tax payer gets screwed.