2016 Postmortem

Octafish

(55,745 posts)

103. Neil Barofsky Gave Us The Best Explanation For Washington's Dysfunction We've Ever Heard

Mon Apr 25, 2016, 01:59 PM

Apr 2016

"Integrity is for paupers." -- traditional saying, ABCNNBCBSFixedNoiseNutworks

For the non-paupers in spirit, a pot of gold awaits...

Neil Barofsky Gave Us The Best Explanation For Washington's Dysfunction We've Ever Heard

Linette Lopez
Business Insider, Aug. 1, 2012, 2:57 PM

Neil Barofsky was the Inspector General for TARP, and just wrote a book about his time in D.C. called Bailout: An Insider Account of How Washington Abandoned Main Street While Rescuing Wall Street.

SNIP...

Bottom line: Barofsky said the incentive structure in our nation's capitol is all wrong. There's a revolving door between bureaucrats in Washington and Wall Street banks, and politicians just want to keep their jobs.

For regulators it's something like this:

"You can play ball and good things can happen to you get a big pot of gold at the end of the Wall Street rainbow or you can do your job be aggressive and face personal ruin...We really need to rethink how we govern and how regulate," Barofsky said.

CONTINUED... http://www.businessinsider.com/neil-barofsky-2012-8

As the Traitors, Warmongers and Banksters aren't in jail, I gotta think they are immune or else what they do is now legal.

If that case, the system isn't just corrupt: it's fascist.

It is my sincere hope that, should Hillary be our nominee, she works to restore justice.

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Neil Barofsky Gave Us The Best Explanation For Washington's Dysfunction We've Ever Heard Octafish Apr 2016 #103

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