Five Reasons Why America Is Done
by Karl Denninger via Market-Ticker.org
ZeroHedge.com
05/31/2015
That’s done. As in baked, cooked, finis.
Let’s just look at the charges and specifications of late, shall we?
Big US and Global Banks have admitted (that is, have been convicted) of multiple criminal offenses over the last several years. A partial list can be found here; let me remind everyone that an ordinary person who commits three felonies, even if some of them are very minor in comparison to any of the listed ones here in impact and they take place over a period of decades, goes away for life under long-existing three strikes laws. All four of the banks listed in that dissent have three or more “convictions” and thus all of them should be dissolved as they are obviously incapable of modifying their behavior. Nonetheless literally tens of millions of Americans and American corporations not only refuse to stand and demand that these charters be revoked they voluntarily do business with one or more of these firms!
The Rest…HERE
