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To: gunsequalfreedom

The bankers in China work for the government.

They do exactly as the government tells them to do.


17 posted on 11/11/2011 6:11:45 AM PST by green iguana
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To: green iguana
The bankers in China work for the government. They do exactly as the government tells them to do.

And they complain about it. They complain about some of the loans they are forced to make.

That does not change the fact that if a level of corruption that took place in the U.S. in the banking industry had taken place in China, those responsible would be facing very severe penalties, including death sentences. Here many that caused the problem are enjoying multi-million dollar bonuses.

We have no system in place to take out this sort of corruption and it will bring us down. You can see the start of it in the OWS protests. If we don't police ourselves, other will and you won't like the result.

The top execs at Moodys and Standard and Poors should be in jail with 15 year sentences. I don't support the death penalty but it would actually fit the damage their corruption heaped on the U.S. and world economies.

23 posted on 11/11/2011 8:42:09 AM PST by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
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