They want to replace democratically elected "bureaucrats" with corporate CEOs - you know, people like Dick Cheney.
AND PEOPLE LIKE THIS:
(from alternet.org)
BankofAmerica
BofA has probably committed more foreclosure offenses than any other single institution. It deceived stockholders, and the public, about the $6 million in bonuses it paid out (during the rescue process), and was equally deceptive about Merrill Lynch's financial status. It has also been punished for rigging municipal bond derivative bids.
JPMorganChase
Corruption in Alabama; widespread violation of foreclosure laws; sale of unregistered securities. Also under investigation for illegal manipulation of the precious metals market; mishandling of Madoff funds; deliberate lawbreaking in credit card processing, concealment of criminality.
Citigroup
Violation of SEC law regarding corporate disclosures; illegal rate activity toward credit card customers. Under investigation for aiding and abetting a Ponzi scheme.
Goldman Sachs
Fraudulent misrepresentation; predatory loan practices; illegal concealment of an investigation. And God know what else.
WellsFargo
They illegally laundered drug money for the Mexican cartels -- and nobody went to jail!
Looking at the RepubliCon record, we can surmise that if they can get away with it, they will put corporate lackeys in charge of the Justice Department to prevent the government from holding these companies accountable.
Hey RepubliCons! Is this part of the "magic of the marketplace" that you guys keep talking about?
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