Friday, March 15, 2013

Jail the crooked bankers to improve American economy

Written by Lucius Gantt
Thursday, 14 March 2013

http://www.sfltimes.com/index.php?option=com_content&task=view&id=12710&Itemid=331

Stop worrying about fiscal cliffs, sequestrations and government budget deficits. You should be worried about your own budget.
 
If you believe in fake reports, you could think that the economy is rebounding, stock markets are rising and unemployment rates are declining.
 
The fake economic reports are very different from your personal and your family’s economic situation.
 
You can’t find a job, you can’t keep a job, you can’t get a raise, you can’t get a loan, you can’t buy a house, you can’t finance a business and you just can’t make ends meet.
 
So you “float,” you “kite,” you “flip,” you post-date, you hustle, you gamble and you might even “trick” and do whatever you have to do to take care of your family and to survive. If anything goes wrong when trying to survive, you go to jail. And the best way to stay out of jail is to become a banker.


Uninformed journalists, columnists and reporters love to talk about how America’s financial institutions and banks are “too big to fail” and how any attempt to punish financial misconduct will result in a negative and harmful impact on American society.
 
Now, the phrase of the day is that banks are “too big to jail.”
 
As a banker, you can commit fraud, forgery and other crimes to destroy the American housing market, you can launder money for drug cartels and rogue countries, you can change credit card and other banking agreements whenever you desire and you can arbitrarily and maliciously impose hidden, secret fees to bilk customers that never agreed to increased fees.
 
Now, this is why the so-called major media don’t want The Gantt Report near other columns and other columnists.
 
Yes, banks can fail but banks cannot be jailed.
 
So, why haven’t President Barack Obama, the Congress, state and federal attorneys general and other law enforcers sought to arrest, convict and imprison individual bank officers and employees?
 
Not only have none of the bankers been arrested; they haven’t even been booked, photographed, fingerprinted or named, for that matter.
 
Jails are full of young people arrested for having a dime sack of weed but some people who work at banks, not “banks,” launder billions of dollars of drug money and steal trillions of dollars from homeowners and the media outlets that you love just say nothing can be done to banks.
 
The Unknown Thieves are these bank officers and bank employees. The only good thing about them is their non-discriminatory attitude. Bank officers will instruct their employees to steal from everyone regardless of race, creed, color or gender. 
 
Once you start sentencing the individual financial criminals and currently “unknown thieves” to life in prison, the American economy might see real change. People may be able to buy homes and get business loans again. 
 
Lucius Gantt, a political consultant based in Tallahassee, is author of the book Beast Too: Dead Man Writing which is available at Amazon.com. You can like The Gantt Report page on Facebook and contact Gantt at allworldconsultants.net

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