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View Diary: Remember those righteous Savings and Loan prosecutions? (38 comments)

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  •  What it is, and what it should be are (0+ / 0-)

    different things. One might be incensed that Capitalism always privileges the rich or one might think it's grand. But to  pretend that at one time it used to be a just system with a single rule of law for rich and poor is to embrace a lie.  And that lie is a right wing lie, a nostalgia for some good old days that were not so damn good.

    As for whether I approve, I do not. If I could put Dick Fuld on a chain gang, I would.  However I am not sure he actually broke any laws because the laws are written and interpreted by Judges to unfairly privilege the rich and powerful - see above.  I think that people who call for prosecutions are naive about how US criminal law is written and applied -  very conveniently for themselves.  It turns out, that it is illegal for a poor kid to steal a loaf of bread but perfectly legal for Mitt Romney to empty the pension savings of thousands of old people.  It even turns out that middle class people, men, and white people also have actual unfair advantages under criminal law.  To me, the political point of view that begins by denying those truths is inherently immoral and right wing.

    Feel free to differ.

    self-appointed intellectual cop

    by citizen k on Sat Jan 26, 2013 at 12:54:57 PM PST

    [ Parent ]

    •  Let me recommend (unsolicited, of course)... (2+ / 0-)
      Recommended by:
      Free Jazz at High Noon, tardis10

      ...that you introduce future diaries on the subject with something along the lines of the first 13 of this paragraph. Because, frankly, far too much of your commentary belies what you're saying in this comment. In my opinion. Then, at least, when you say Obama shouldn't be criticized for doing things any differently than his predecessors in such matters won't have such a hollow sound.

      Don't tell me what you believe, show me what you do and I will tell you what you believe.

      by Meteor Blades on Sat Jan 26, 2013 at 01:00:51 PM PST

      [ Parent ]

      •  it's interesting that in some places (0+ / 0-)

        people don't need that kind of introduction. The self-healing narrative in which most DK ranting takes place is resistant to any point of view not already conveniently labeled and categorized.

        self-appointed intellectual cop

        by citizen k on Sat Jan 26, 2013 at 01:24:05 PM PST

        [ Parent ]

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