Eisinger on Charlie Rose
 

This is a Propublica writer flogging a book but he does make a valid
point about the Holder DoJ and the total lack of prosecutions after
the 2009 collapse. Holder had previously put his name on a memo that
basically said prosecuting companies for fraud is bad for "jobs" and
he carried that philosophy into DoJ when he was made AG. Eisinger
points out that since the GW administration the average federal
prosecutor only gets into court every 3 years and they are now scared
to actually charge anyone because they know they will be up against
the best trial lawyers money can buy. They prefer to just go after
monetary settlements that just become the cost of doing business for
these fraudulent companies.
The other component he brings out is the revolving door aspect and the
fact that these US attorneys and the former AG himself will be
knocking on the door of these law firms looking for a job when they
tire of government service (as Holder has done)

Eisinger on Charlie Rose
 

wrote:
This is a Propublica writer flogging a book but he does make a valid
point about the Holder DoJ and the total lack of prosecutions after
the 2009 collapse. Holder had previously put his name on a memo that
basically said prosecuting companies for fraud is bad for "jobs" and
he carried that philosophy into DoJ when he was made AG. Eisinger
points out that since the GW administration the average federal
prosecutor only gets into court every 3 years and they are now scared
to actually charge anyone because they know they will be up against
the best trial lawyers money can buy. They prefer to just go after
monetary settlements that just become the cost of doing business for
these fraudulent companies.
The other component he brings out is the revolving door aspect and the
fact that these US attorneys and the former AG himself will be
knocking on the door of these law firms looking for a job when they
tire of government service (as Holder has done)


And the solution to being out-lawyered is... libertarianism?

--
Posted with my iPhone 7+.

Eisinger on Charlie Rose
 

On Thu, 13 Jul 2017 15:51:21 -0400, Keyser Söze
wrote:

wrote:
This is a Propublica writer flogging a book but he does make a valid
point about the Holder DoJ and the total lack of prosecutions after
the 2009 collapse. Holder had previously put his name on a memo that
basically said prosecuting companies for fraud is bad for "jobs" and
he carried that philosophy into DoJ when he was made AG. Eisinger
points out that since the GW administration the average federal
prosecutor only gets into court every 3 years and they are now scared
to actually charge anyone because they know they will be up against
the best trial lawyers money can buy. They prefer to just go after
monetary settlements that just become the cost of doing business for
these fraudulent companies.
The other component he brings out is the revolving door aspect and the
fact that these US attorneys and the former AG himself will be
knocking on the door of these law firms looking for a job when they
tire of government service (as Holder has done)


And the solution to being out-lawyered is... libertarianism?

The jerky knee acting up on you again?

Perhaps it is just putting something in the federal employment
regulations that stops the revolving door. When you have an AG that
moves from Deputy AG to a big Wall Street/K street law firm, then into
the AGs office and then spends his time feathering his nest back at
that firm where he returns, justice will be a secondary job for him.
As much as you like to criticize GW, his DoJ had no problem throwing
banksters in jail. Omaba/Holder, not so much. In the whole 2008-9
debacle only one low level street trader was actually convicted. The
majority of them had their firms made whole with taxpayer money and
they received huge bonuses.
Yes as a Libertarian, this welfare for the rich, using my tax money,
disturbs me. It is even more egregious when you see how much of those
bailouts went to other countries.
It was all borrowed money and we paid down $4.5 TRILLION of the debt
with money the fed printed out of thin air.